MarketFriction

Bannari Amman Sugars Ltd

NSE BANARISUG · BSE 500041 · Sugar
₹3,300.50 +0.01%
NSE close2026-10-01
52 week range3,105.20 - 4,338.00
Market cap₹4,144 Cr.
P/E34.0
Price band 20% Delivery 83.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales600768421404474421494419572644282172
Expenses508649370375406360441382497561279178
Operating Profit9211951296761533775834-5
OPM %15%16%12%7%14%15%11%9%13%13%1.3%-3.0%
Other Income22212121475276
Interest778624310000
Depreciation141415141414161515151515
Profit before tax73100311053455524667315-14
Tax %33%32%30%35%35%35%36%37%35%33%-179%-25%
Net Profit496822634293515434842-11
EPS in Rs38.9254.2817.415.1327.3322.9828.0412.1634.0538.5933.16-8.71
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,4561,7521,4811,1251,6091,5631,9982,5262,2201,7931,9171,670
Expenses1,2511,4041,2709431,3781,3521,7802,2211,9141,5831,7191,514
Operating Profit204348211182231211218304306210198156
OPM %14%20%14%16%14%13%11%12%14%12%10%9%
Other Income3658493397264345
Interest11697343044393249321621
Depreciation626970676566687458596161
Profit before tax3018711293126115122220224162177139
Tax %-7%22%22%18%24%20%34%35%32%35%17%
Net Profit321458776969280143152105148122
EPS in Rs27.73115.7769.5960.5676.2773.4863.78114.35121.4583.47117.9697.09
Dividend Payout %27%11%14%17%13%14%16%11%10%15%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%4%-9%-8%
Compounded Profit Growth16%8%-2%7%
Stock Price CAGR6%9%8%-9%
Return on Equity8%8%8%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111113131313131313131313
Reserves9409201,0551,1231,1831,2621,3441,4111,5391,6761,7661,901
Borrowings1,2211,5341,0385087699968729615814861509
Other Liabilities232355297143237164163184226260297235
Total Liabilities2,4052,8212,4021,7862,2022,4342,3902,5692,3592,4352,2262,157
Fixed Assets9171,1381,1031,0821,0261,0049541,0491,0781,0711,1891,145
CWIP22153442490145612211211106
Investments01211111234263
Other Assets1,4661,6671,2636991,1511,3401,2911,4581,2571,2491,022643
Total Assets2,4052,8212,4021,7862,2022,4342,3902,5692,3592,4352,2262,157
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity20178645588-192-5723633502274430514
Cash from Investing Activity-74-275-52-16-27-106-61-75-57-130-65-342
Cash from Financing Activity61107-604-579219167-17942-443-144-369-161
Net Cash Flow710-11-604-5-031-512
Free Cash Flow-68-98591570-222-164173-45438135355405
CFO/OP16%85%198%289%-96%-16%120%26%180%104%218%279%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days16332417424338632022146
Inventory Days757485296188529330339255205247277142
Days Payable39502728952120221719279
Cash Conversion Cycle734468293176476352356296209249263138
Working Capital Days1099868711159196818510114294
ROCE %4%6%12%8%7%8%7%7%12%12%9%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.69%58.69%58.69%58.69%58.69%58.69%58.69%58.69%58.69%58.69%58.69%58.69%
FIIs0.26%0.26%0.25%0.25%0.27%0.27%0.27%0.28%0.27%0.27%0.27%0.27%
Public41.03%41.04%41.04%41.05%41.04%41.03%41.04%41.01%41.02%41.03%41.04%41.04%
No. of Shareholders8,4628,7668,6948,6628,7188,2977,8167,7637,5356,6706,3586,366

Fundamentals

Market Cap₹ 4,144 Cr.
Current Price₹ 3,305
Stock P/E34.0
Book Value₹ 1,526
ROCE8.75 %
ROE7.26 %
Dividend Yield0.38 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-8%
Compounded Profit Growth (TTM)7%
Standalone figures.
Valuation
Market capRs 4,139 Cr
Enterprise valueRs 4,134 Cr
P/E (TTM)33.99x
Price to book2.16x
Price to sales2.48x
EV / EBITDA20.56x
EV / EBIT29.50x
EV / sales2.47x
Price to cash flow8.05x
Earnings yield2.94%
Dividend yield0.38%
P/E, 3-year average30.99x
P/B, 3-year average2.21x
P/E, 5-year average31.67x
P/B, 5-year average2.23x
Profitability
Operating margin (excl. other income)10.31%
Operating margin (incl. other income)12.56%
EBITDA margin12.03%
Pre-tax margin8.30%
Net profit margin7.29%
Net margin, latest quarter-6.33%
ROE8.01%
ROCE9.32%
ROA6.75%
ROE, 3-year average7.82%
ROCE, 3-year average9.96%
ROA, 3-year average5.87%
ROE, 5-year average7.77%
ROCE, 5-year average9.69%
ROA, 5-year average5.33%
ROIC (approx.)6.12%
Tax rate16.65%
Other income / net worth2.25%
Growth
Sales growth (latest year)6.90%
Profit growth (latest year)41.32%
Sales CAGR, 3 years-8.79%
Sales CAGR, 5 years4.17%
Profit CAGR, 3 years1.04%
Profit CAGR, 5 years9.93%
Sales growth QoQ-38.91%
Profit growth QoQ-126.26%
Sales growth YoY (latest quarter)-58.81%
Profit growth YoY (latest quarter)-171.61%
Per share
EPS (TTM)Rs 97.09
EPS (latest year)Rs 117.96
EPS (latest quarter)Rs -8.71
EPS, 3-year averageRs 107.63
EPS, 5-year averageRs 100.20
Book value per shareRs 1,525.87
Sales per shareRs 1,332.17
Cash flow per shareRs 410.08
Free cash flow per shareRs 322.97
Dividend per share (latest year)Rs 12.50
Dividend per share, 3-year averageRs 12.50
Dividend per share, 5-year averageRs 12.00
Dividends
Dividend payout10.60%
Dividend payout, 3-year average11.96%
Dividend payout, 5-year average12.50%
Efficiency
Asset turnover0.89x
Fixed asset turnover1.67x
Inventory turnover2.95x
Inventory days124 days
Debtor days6 days
Debtors turnover59.84x
Creditor days9 days
Cash conversion cycle138 days
Working capital days94 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 14 Cr
Net debtRs -5 Cr
Debt to equity0.00x
Net debt / EBITDA-0.02x
Interest coverage99.38x
Current ratio (filing 2026-03-31)7.83x
Quick ratio (filing 2026-03-31)3.33x
Trade payables (filing 2026-03-31)Rs 33 Cr
Owners' fund to total sources88.70%
Debt to assets0.43%
Cash flow
Cash from Operating Activity (latest year)Rs 514 Cr
Cash from Investing Activity (latest year)Rs -342 Cr
Cash from Financing Activity (latest year)Rs -161 Cr
Net Cash Flow (latest year)Rs 12 Cr
Free cash flow (latest year)Rs 405 Cr
FCFE (approx.: FCF + change in debt)Rs 264 Cr
Cash from ops / profit, 5 years2.79x
Sales to cash flow3.73x
Statement figures
Net sales (TTM)Rs 1,670 Cr
Net sales (latest year)Rs 1,917 Cr
Sales (latest quarter)Rs 172 Cr
Operating profit excl. other income (latest year)Rs 198 Cr
Operating profit (latest quarter)Rs -5 Cr
Other income (TTM)Rs 45 Cr
EBITDA (TTM)Rs 201 Cr
PBDT (TTM)Rs 200 Cr
Profit before tax (TTM)Rs 139 Cr
Tax (latest year)Rs 30 Cr
Net profit (TTM)Rs 122 Cr
Net profit (latest year)Rs 148 Cr
Net profit (latest quarter)Rs -11 Cr
Depreciation (TTM)Rs 61 Cr
Depreciation (latest quarter)Rs 15 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 1,491 Cr
Total expenditure (latest year)Rs 1,719 Cr
Total income (latest year)Rs 1,960 Cr
Share capitalRs 13 Cr
ReservesRs 1,901 Cr
Shareholders' fundsRs 1,913 Cr
Total assetsRs 2,157 Cr
Net blockRs 1,145 Cr
Capital work in progressRs 106 Cr
InvestmentsRs 263 Cr
ReceivablesRs 32 Cr
InventoryRs 506 Cr
Other liabilitiesRs 235 Cr
Shares outstanding (crore)1.25
Ownership
Promoter holding58.69% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 34.0 is at the 73th percentile of its own 9.4-year range (median 24.1, low 13.4, high 56.4).
P/B 2.16 is at the 51th percentile (median 2.14).
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.
PeriodBANARISUGNifty 50Difference
1 week-0.2%-2.8% +2.6 pts
1 month-12.4%-6.8% -5.6 pts
3 months-5.3%-7.6% +2.4 pts
6 months-8.2%+0.4% -8.6 pts
1 year-9.6%-9.9% +0.3 pts
2 years-6.0%-13.6% +7.6 pts
3 years+24.5%+14.2% +10.3 pts
5 years+46.9%+27.9% +19.0 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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 2026
Sales ₹172 Cr -58.9% vs Jun 2025. Net loss ₹11 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-16Dividend - Rs 12.50 Per Share
2025-08-22Dividend - Rs 12.50 Per Share
2024-09-13Annual General Meeting/Dividend - Rs 12.50 Per Share
2023-08-28Annual General Meeting/Dividend - Rs 12.50 Per Share
2022-09-01Annual General Meeting/Dividend - Rs 10 Per Share
2021-09-01 Annual General Meeting/Dividend - Rs 10 Per Share
2020-08-25 Annual General Meeting/Dividend - Rs 10 Per Share
2019-09-04 Annual General Meeting/Dividend - Rs 10 Per Share
2018-09-11 Annual General Meeting/Dividend- Rs 10 Per Share
2017-09-14 Annual General Meeting/Dividend - Rs 12.50 Per Share
2016-12-21 Annual General Meeting/Dividend Rs 7.50 Per Share
2015-09-16 Annual General Meeting/ Dividend - Rs 2.50/- Per Share
2014-09-11Annual General Meeting / Dividend - Rs 12.50/- Per Share
2013-08-29Annual General Meeting / Dividend Rs 12.50/- Per Share
2012-08-30Annual General Meeting And Dividend Rs.10/- Per Share
2011-08-30Annual General Meeting And Dividend Rs.10/- Per Share
2010-08-26Annual General Meeting And Dividend Rs.10/- Per Share
2009-09-17Agm/Div-Rs.10/- Per Share
2008-09-18Agm/Dividend - 70%
2007-12-19Agm/Dividend - 70%
2006-09-18Agm/Dividend-70%
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Bannari Amman Sugars Ltd?

Bannari Amman Sugars Ltd (BANARISUG) has a market capitalisation of Rs 4,144 Cr. at the 2026-10-01 close.

What is the P/E ratio of Bannari Amman Sugars Ltd?

Bannari Amman Sugars Ltd trades at a P/E of 34.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Bannari Amman Sugars Ltd's latest quarterly results?

In the Jun 2026 quarter, Bannari Amman Sugars Ltd sales was Rs 172 Cr (-58.9% vs Jun 2025) with a net loss of Rs 11 Cr.

What is the 52-week high and low of Bannari Amman Sugars Ltd?

The 52-week high is Rs 4,338.00 and the 52-week low is Rs 3,105.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03