Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 19 | 76 | 225 | 20 | 12 | 110 | 195 | 28 | 14 | 81 | 244 | 24 |
| Operating costs | 29 | 65 | 184 | 29 | 23 | 100 | 164 | 37 | 26 | 78 | 204 | 35 |
| EBITDA | -10 | 11 | 40 | -10 | -12 | 10 | 31 | -9 | -12 | 3 | 40 | -11 |
| EBITDA margin % | -52% | 14% | 18% | -49% | -102% | 9% | 16% | -32% | -89% | 3.6% | 16% | -43% |
| Depreciation & amortisation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Finance costs | 6 | 8 | 5 | 6 | 8 | 7 | -4 | 8 | 7 | 7 | -8 | 7 |
| Non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 |
| Pre-tax profit | -17 | 1 | 34 | -18 | -21 | 1 | 39 | -19 | -21 | -6 | 46 | -19 |
| Effective tax rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Profit after tax | -17 | 1 | 34 | -18 | -21 | 1 | 39 | -19 | -21 | -6 | 46 | -19 |
| Earnings per share (Rs) | -2.91 | 0.20 | 5.19 | -2.73 | -3.17 | 0.18 | 5.23 | -2.50 | -2.85 | -0.76 | 6.26 | -2.57 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 241 | 242 | 251 | 312 | 280 | 248 | 361 | 388 | 377 | 336 | 366 | 363 |
| Operating costs | 224 | 202 | 208 | 298 | 274 | 241 | 334 | 349 | 340 | 317 | 344 | 343 |
| EBITDA | 17 | 40 | 43 | 14 | 7 | 7 | 27 | 40 | 38 | 19 | 22 | 20 |
| EBITDA margin % | 7% | 16% | 17% | 4.5% | 2.4% | 3.0% | 7% | 10% | 10% | 6% | 6% | 6% |
| Depreciation & amortisation | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 8 | 7 | 7 | 7 | 7 |
| Finance costs | 23 | 21 | 20 | 24 | 24 | 26 | 25 | 24 | 24 | 17 | 15 | 13 |
| Non-operating income | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 26 | 0 | 6 | 1 | 1 |
| Pre-tax profit | -14 | 11 | 13 | -19 | -28 | -28 | -8 | 34 | 7 | 1 | 1 | 1 |
| Effective tax rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Profit after tax | -14 | 11 | 13 | -19 | -28 | -28 | -8 | 34 | 7 | 1 | 1 | 1 |
| Earnings per share (Rs) | -3.09 | 2.43 | 2.97 | -4.46 | -6.34 | -6.51 | -1.93 | 7.85 | 1.09 | 0.14 | 0.14 | 0.08 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 4% | 8% | -2% | 5% | ||
| Profit CAGR | 8% | 15% | -51% | 225% | ||
| Share price CAGR | -2% | 13% | -32% | -46% | ||
| Average return on equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 137 | 130 | 121 | 114 | 107 | 96 | 86 | 90 | 94 | 92 | 91 | 329 |
| Capital work in progress | 0 | 0 | 0 | 2 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current & other assets | 152 | 145 | 78 | 131 | 166 | 101 | 96 | 117 | 103 | 98 | 119 | 129 |
| Total assets | 289 | 276 | 200 | 247 | 273 | 197 | 183 | 206 | 197 | 190 | 210 | 458 |
| Share capital | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 65 | 74 | 74 |
| Reserves & surplus | -123 | -137 | -126 | -114 | -138 | -167 | -197 | -206 | -168 | -157 | -159 | 7 |
| Total debt | 188 | 236 | 207 | 192 | 161 | 155 | 202 | 185 | 152 | 131 | 144 | 111 |
| Other liabilities & provisions | 180 | 132 | 74 | 125 | 206 | 165 | 133 | 184 | 169 | 150 | 151 | 265 |
| Equity + liabilities | 289 | 276 | 200 | 247 | 273 | 197 | 183 | 206 | 197 | 190 | 210 | 458 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 9 | -7 | 36 | 37 | 34 | 26 | 15 | 55 | 43 | 24 | 6 | 52 |
| Investing cash flow | -0 | -3 | -1 | -4 | -3 | 1 | -1 | -15 | -11 | -4 | -6 | -4 |
| Free cash flow (after capex) | 9 | -10 | 35 | 33 | 32 | 26 | 14 | 42 | 31 | 19 | -0 | 47 |
| Financing cash flow | -8 | 2 | -28 | -32 | -39 | -27 | -15 | -41 | -33 | -19 | 2 | -51 |
| Net change in cash | 1 | -8 | 7 | 1 | -8 | -0 | -1 | -1 | 0 | 0 | 2 | -3 |
| Cash conversion (OCF / EBITDA) % | -58% | -40% | 91% | 87% | 243% | 390% | 202% | 206% | 109% | 63% | 32% | 237% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | -20% | 6% | 22% | 27% | 4% | -7% | -7% | 47% | 129% | 93% | 37% | 12% |
| Receivable days | 17 | 8 | 24 | 13 | 33 | 16 | 33 | 39 | 13 | 16 | 8 | 6 |
| Inventory days | 220 | 282 | 93 | 212 | 184 | 125 | 112 | 87 | 96 | 68 | 86 | 88 |
| Payable days | 214 | 186 | 23 | 98 | 184 | 108 | 143 | 173 | 142 | 98 | 80 | 98 |
| Cash cycle (days) | 23 | 104 | 93 | 127 | 32 | 34 | 2 | -47 | -33 | -14 | 14 | -4 |
| Working capital days | -182 | -156 | -127 | -160 | -142 | -182 | -236 | -176 | -114 | -57 | -36 | -64 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 59.59% | 53.83% | 53.83% | 53.83% | 51.77% | 51.52% | 46.94% | 46.94% | 46.94% | 46.94% | 46.94% | 46.94% |
| Retail & others % | 40.42% | 46.18% | 46.18% | 46.18% | 48.22% | 48.48% | 53.06% | 53.06% | 53.06% | 53.06% | 53.07% | 53.06% |
| Shareholder count | 16,651 | 19,490 | 24,220 | 31,794 | 32,980 | 35,366 | 36,611 | 36,602 | 35,969 | 34,696 | 34,588 | 34,580 |
Fundamentals
Market value₹ 54.5 Cr.
Last price₹ 7.34
P/E (trailing)105
Book value / share₹ 11.0
Return on capital12.4 %
Return on equity%
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)5%
Profit CAGR (TTM)225%
Standalone figures.
Valuation
Market capRs 56 Cr
Enterprise valueRs 167 Cr
P/E (TTM)107.17x
Price to book0.68x
Price to sales0.15x
EV / EBITDA8.03x
EV / EBIT12.13x
EV / sales0.46x
Price to cash flow1.07x
Earnings yield0.93%
P/E, 3-year average39.78x
P/B, 3-year average-0.08x
P/E, 5-year average29.93x
P/B, 5-year average-0.08x
Profitability
Operating margin (excl. other income)5.99%
Operating margin (incl. other income)6.17%
EBITDA margin5.72%
Pre-tax margin0.14%
Net profit margin0.14%
Net margin, latest quarter-77.92%
ROE-62.54%
ROCE12.40%
ROA0.30%
ROE, 3-year average-23.42%
ROCE, 3-year average47.42%
ROA, 3-year average1.49%
ROE, 5-year average-17.78%
ROCE, 5-year average84.22%
ROA, 5-year average3.43%
ROIC (approx.)7.14%
Other income / net worth0.77%
Growth
Sales growth (latest year)9.01%
Profit growth (latest year)-5.61%
Sales CAGR, 3 years-1.92%
Sales CAGR, 5 years8.13%
Profit CAGR, 3 years-69.13%
Sales growth QoQ-89.95%
Profit growth QoQ-141.05%
Sales growth YoY (latest quarter)-12.03%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 0.14
EPS (latest quarter)Rs -2.57
EPS, 3-year averageRs 3.71
EPS, 5-year averageRs 3.41
Book value per shareRs 10.97
Sales per shareRs 48.86
Cash flow per shareRs 7.01
Free cash flow per shareRs 6.33
Efficiency
Asset turnover0.80x
Fixed asset turnover1.11x
Inventory turnover4.54x
Inventory days80 days
Debtor days6 days
Debtors turnover59.28x
Creditor days98 days
Cash conversion cycle-4 days
Working capital days-64 days
Leverage
Total debtRs 111 Cr
Cash and bankRs 0 Cr
Net debtRs 111 Cr
Debt to equity1.36x
Net debt / EBITDA5.34x
Interest coverage1.04x
Owners' fund to total sources17.81%
Debt to assets24.28%
Cash flow
Operating cash flow (latest year)Rs 52 Cr
Investing cash flow (latest year)Rs -4 Cr
Financing cash flow (latest year)Rs -51 Cr
Net change in cash (latest year)Rs -3 Cr
Free cash flow (latest year)Rs 47 Cr
FCFE (approx.: FCF + change in debt)Rs 14 Cr
Cash from ops / profit, 5 years5.14x
Sales to cash flow7.03x
Statement figures
Net sales (TTM)Rs 363 Cr
Net sales (latest year)Rs 366 Cr
Sales (latest quarter)Rs 24 Cr
Operating profit excl. other income (latest year)Rs 22 Cr
Operating profit (latest quarter)Rs -11 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 21 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -19 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 301 Cr
Total expenditure (latest year)Rs 344 Cr
Total income (latest year)Rs 367 Cr
Share capitalRs 74 Cr
ReservesRs 7 Cr
Shareholders' fundsRs 81 Cr
Total assetsRs 458 Cr
Net blockRs 329 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 6 Cr
InventoryRs 66 Cr
Other liabilitiesRs 265 Cr
Shares outstanding (crore)7.43
Ownership
Promoter holding46.94% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 107.2 is at the 91th percentile of its own 4.7-year range
(median 6.3, low 1.5, high 307.3).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 532183 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.2% | +0.4% | +1.7 pts |
| 1 month | -8.2% | -4.7% | -3.5 pts |
| 3 months | -7.5% | -7.0% | -0.6 pts |
| 6 months | -7.6% | -6.2% | -1.5 pts |
| 3 years | -67.6% | +14.4% | -81.9 pts |
| 5 years | +69.3% | +25.8% | +43.5 pts |
| Holder | Now | vs last qtr | vs 1 yr |
|---|---|---|---|
| Promoter group | 46.94% | +0.00 | +0.00 |
| Retail & others | 53.06% | -0.01 | +0.00 |
| Shareholders | 34,580 | -2,022 |
Changes in percentage points. Quarter Jun 2026.
Red flags
F-score 6 of 8| explain | Share dilution Share count up 0% in a year, 70% in three |
| explain | Low interest cover Interest cover 1.1x in 2026 |
| look | Profit leans on other income Other income was 62% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹24 Cr -14.3% vs Jun 2025.
Net loss ₹19 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Balrampur Chini Mills Ltd | 14,238 | 38.4 | 9.27 % |
| Triveni Engineering and Industries Ltd | 5,270 | 20.1 | 9.02 % |
| Shree Renuka Sugars Ltd | 4,798 | -3.06 % | |
| Bajaj Hindusthan Sugar Ltd | 4,777 | 36.9 | 3.11 % |
| Bannari Amman Sugars Ltd | 4,144 | 34.0 | 8.75 % |
| Dalmia Bharat Sugar & Industries Ltd | 3,334 | 16.2 | 8.18 % |
| Avadh Sugar & Energy Ltd | 1,601 | 23.8 | 6.83 % |
| M.V.K. Agro Food Product Ltd | 1,253 | 25.3 | 14.4 % |
| Uttam Sugar Mills Ltd | 1,110 | 12.6 | 11.4 % |
| Dhampur Sugar Mills Ltd | 1,102 | 15.7 | 6.43 % |
| Zuari Industries Ltd | 840 | 7.27 | 5.45 % |
| Dhampur Bio Organics Ltd | 831 | 32.5 | 4.98 % |
| Dwarikesh Sugar Industries Ltd | 803 | 55.4 | 4.62 % |
| Magadh Sugar & Energy Ltd | 759 | 14.7 | 7.75 % |
| Ugar Sugar Works Ltd | 650 | 22.5 | 9.00 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Gayatri Sugars Ltd?
Gayatri Sugars Ltd (532183) has a market capitalisation of Rs 54.5 Cr. at the 2026-10-09 close.
What is the P/E ratio of Gayatri Sugars Ltd?
Gayatri Sugars Ltd trades at a P/E of 105 on trailing twelve-month profit, at the 2026-10-09 close.
What were Gayatri Sugars Ltd's latest quarterly results?
In the Jun 2026 quarter, Gayatri Sugars Ltd sales was Rs 24 Cr (-14.3% vs Jun 2025) with a net loss of Rs 19 Cr.