BANARISUGFast Moving Consumer Goods

Bannari Amman Sugars Limited

Sugar · ISIN INE459A01010 · BSE 500041 · NSE EQ · FV ₹10
Last price
₹3,303
+1.09%today
What this company does

Bannari Amman Sugars Limited operates in Sugar, part of the Fast Moving Consumer Goods sector. It booked ₹172 cr of revenue in its latest quarter (Q1 FY27) and kept -6.3% of sales as profit. It is the 5th largest of 9 Sugar companies we track, by market value.

In the report:
50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
34

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet61

How much it owes, and whether earnings cover the interest

Cash quality84

Whether reported profit actually arrives as cash

Growth & consistency36

Whether sales and profit have grown, and how steadily

Valuation56

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 59%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -6.3% net margin
! Sales down 59% vs last year
! Low -2.3% return on equity

What if I invest in BANARISUG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 7% a year, it would become
₹17.20 lakh

The slider starts at 7%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,303 +1.09%
latest close · 2026-09-17
1-year return
+82.0%
52-wk low ₹1,74052-wk high ₹4,338
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio2.16Moderate
Below bookModerateHigh
EV / EBITDA1,285.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-2.3%Loss
WeakFairStrong ▸15%
Return on capital-2.8%Loss
WeakFairStrong
Net margin-6.3%Loss
ThinDecentStrong
EBITDA margin0.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover-40.0×Risky
RiskyOkayStrong ▸5×
Current ratio7.83Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹4,142 cr
Book value
₹1,526
EPS
₹-8.70
latest quarter
Net debt
₹-5 cr
more cash than debt
Enterprise value
₹4,137 cr
EBITDA
₹3 cr
annualised
EBIT
₹-56 cr
annualised
Operating margin
-8.2%
Return on assets
-2.0%
Earnings yield
P/S
6.00
Sales / share
₹550.1
Tax rate
Face value
₹10
Shares
1.3 cr
Working capital
₹768 cr
Current assets
₹881 cr
Current liabilities
₹112 cr
Delivery %
43.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹1,618₹2,669, midpoint ₹2,144

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹172 cr
Other Income₹6 cr
Total Income₹178 cr
Cost of Materials₹3 cr
Purchases of Stock-in-Trade₹49.7 L
Inventory Change (±)₹110 cr
Employee Benefit Expense₹38 cr
Finance Costs₹35.2 L
Depreciation & Amortisation₹15 cr
Other Expenses₹26 cr
Total Expenses₹193 cr
Profit before Tax₹-14 cr
Tax Expense₹-4 cr
Net Profit₹-11 cr
Net margin on total income-6.1%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹114 cr58.9%
Employee benefit expense₹38 cr19.5%
Finance costs₹35.2 L0.2%
Depreciation & amortisation₹15 cr7.7%
Other expenses₹26 cr13.7%
Total income ₹178 cr

The company made a net loss of ₹11 cr this quarter — income covered only 93 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue644 cr282 cr172 cr
Total income649 cr309 cr178 cr
Expenses577 cr294 cr193 cr
Profit before tax73 cr15 cr-14 cr
Tax24 cr-27 cr-4 cr
Net profit (owners' share)48 cr42 cr-11 cr
Net margin (owners' share, on revenue)7.5%14.7%-6.3%
EPS (₹)38.5933.15-8.70
YoY (latest quarter): total income -57.8% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,157 cr
Shareholder equity
₹1,913 cr
parent shareholders
Total debt
₹9 cr
Cash
₹13 cr
Cash flow · H1 FY26
Operating
₹249 cr
Investing
₹-92 cr
Financing
₹-149 cr
Peer comparison
Sugar · by market value
CompanyPriceMarket capP/E
Bajaj Hindusthan Sugar Limited₹19₹15,563 cr
Balrampur Chini Mills Limited₹676₹14,275 cr78.2
Triveni Engineering & Industries Limited₹232₹5,123 cr341.8
Shree Renuka Sugars Limited₹23₹4,854 cr
Bannari Amman Sugars Limitedthis company₹3,303₹4,142 cr
Dalmia Bharat Sugar and Industries Limited₹391₹3,161 cr114.9
Dhampur Bio Organics Limited₹116₹2,039 cr
Avadh Sugar & Energy Limited₹721₹1,443 cr1,502.1
Dhampur Sugar Mills Limited₹152₹976 cr40.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.38%
trailing 12 months
Dividend / share (TTM)
₹12.5
Last dividend
₹12.5
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹12.5 / share16 Sep 2026
Dividend₹12.5 / share22 Aug 2025
Dividend₹12.5 / share13 Sep 2024
Dividend₹12.5 / share28 Aug 2023
Dividend₹10 / share1 Sep 2022
Dividend₹10 / share1 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
58.7%
FII / Foreign
0.3%
DII / Domestic
0.0%
Retail / others
41.0%
Smart-money activity
Insider trades
SoldKERALA ALCOHOLIC PRODUCTS PRIVATE LIMITED · Promoter Group4,900 · ₹3,64811 Sep 25
BoughtB SARAVANAN · Promoters4,900 · ₹3,64811 Sep 25
SoldKERALA ALCOHOLIC PRODUCTS PRIVATE LIMITED · Promoter Group4,900 · ₹3,64811 Sep 25
Bulk / block deals
BoughtSVB HOLDINGS PRIVATE LIMITED · NSE4.49 L @ ₹1,301.5223 Sep 20
SoldSHIVA CARGO MOVERS PRIVATE LIMITED · NSE1.06 L @ ₹1,301.5523 Sep 20
SoldBANNARIAMMAN FINANCE PRIVATE LIMITED · NSE87,193 @ ₹1,301.5523 Sep 20
Stake changes
SoldKERALA ALCOHOLIC PRODUCTS PRIVATE LIMITED · promoter→ 0.00% · 4,90011 Dec 25
BoughtB SARAVANAN · promoter→ 1.44% · 4,90011 Dec 25
SoldBannari Amman Enterprises Pvt Ltd · promoter→ 0.00% · 9,70323 Sep 20
Promoter pledges
ReleasedN A10.56 L · 8.42% held3 Nov 17
ReleasedNA1.76 L · 1.40% held3 Nov 17
ReleasedNot applicable10.56 L · 9.23% held30 Jan 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 23 Oct 2025
See the official result
1
Appointment of Smt Sowmya Sitaram (DIN: 11254035) as a Director under the category of “Non-Executive Woman Independent Director” for a term of five consecutive years
Backed by 100% of shareholders other than promotersneeded 75%
19.17 L votes for, 106 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 25 named members
owning 58.7% between them · as of 2026-06-30
SVB HOLDINGS PRIVATE LIMITED44.00%
BALASUBRAMANIAM S V8.42%
SOUNDARAM B3.82%
SARAVANAN B1.44%
MURALI B - HUF1.01%
ANNAMALLAI ENTERPRISE PRIVATE LIMIETDno shares
ANNAMALLAI ESTATES PRIVATE LIMITEDno shares
BANNARI AMMAN ENTERPRISES PRIVATE LIMITEDno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.