SANSTARFast Moving Consumer Goods

Sanstar Limited

Other Agricultural Products · ISIN INE08NE01025 · BSE 544217 · NSE EQ · FV ₹2
Last price
₹116
+2.42%today
What this company does

Sanstar Limited operates in Other Agricultural Products, part of the Fast Moving Consumer Goods sector. It booked ₹206 cr of revenue in its latest quarter (Q1 FY27) and kept 4.5% of sales as profit. It is the 6th largest of 9 Other Agricultural Products companies we track, by market value.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Fast Moving Consumer Goods, on the 4 of 6 measures we could read for it. Each measure is ranked against the 126–149 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)
63

At close. Not part of the score.

Profitability & returns51

How much profit it earns on the money it employs

Balance sheet83

How much it owes, and whether earnings cover the interest

Valuation18

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

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 64%
No promoter shares pledged
Watch-outs
! Thin 4.5% net margin

What if I invest in SANSTAR?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹116 +2.42%
latest close · 2026-09-17
52-wk low ₹10342 sessions so far52-wk high ₹124
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/E ratio57.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Net margin4.5%Thin
ThinDecentStrong
EBITDA margin8.8%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Interest cover37.9×Strong
RiskyOkayStrong ▸5×
More figures
Market cap
₹2,314 cr
Book value
EPS
₹0.50
latest quarter
Net debt
Enterprise value
EBITDA
₹73 cr
annualised
EBIT
₹52 cr
annualised
Operating margin
6.3%
Return on assets
Earnings yield
1.73%
P/S
2.81
Sales / share
₹41.2
Tax rate
26.6%
Face value
₹2
Shares
20.0 cr
Working capital
Current assets
Current liabilities
Delivery %
47.0%
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 ₹12₹23, midpoint ₹18

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₹206 cr
Other Income₹3 cr
Total Income₹209 cr
Cost of Materials₹129 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹9 cr
Employee Benefit Expense₹6 cr
Finance Costs₹34 L
Depreciation & Amortisation₹5 cr
Other Expenses₹47 cr
Total Expenses₹196 cr
Profit before Tax₹13 cr
Tax Expense₹3 cr
Net Profit₹9 cr
Net margin on total income4.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹137 cr65.7%
Employee benefit expense₹6 cr2.9%
Finance costs₹34 L0.2%
Depreciation & amortisation₹5 cr2.5%
Other expenses₹47 cr22.7%
Tax expense₹3 cr1.6%
Profit for the period₹9 cr4.4%
Total income ₹209 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ1 FY25Q1 FY27
Revenue291 cr206 cr
Total income292 cr209 cr
Expenses270 cr196 cr
Profit before tax22 cr13 cr
Tax5 cr3 cr
Net profit (owners' share)17 cr9 cr
Net margin (owners' share, on revenue)5.7%4.5%
EPS (₹)1.180.50
Peer comparison
Other Agricultural Products · by market value
CompanyPriceMarket capP/E
LT Foods Limited₹422₹14,651 cr20.0
KRBL Limited₹395₹9,051 cr8.7
Gujarat Ambuja Exports Limited₹159₹7,312 cr10.4
TruAlt Bioenergy Limited₹424₹3,635 cr15.9
Kaveri Seed Company Limited₹703₹3,618 cr3.2
Sanstar Limitedthis company₹116₹2,314 cr57.8
Amir Chand Jagdish Kumar (Exports) Limited₹194₹2,006 cr13.6
GRM Overseas Limited₹80₹1,660 cr39.3
Chaman Lal Setia Exports Limited₹296₹1,470 cr11.5
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
64.2%
FII / Foreign
0.3%
DII / Domestic
0.3%
Retail / others
35.3%
Promoter stake down 6.2% over the last 10 quarters.
Smart-money activity
Insider trades
BoughtSambhav Starch Products Pvt Ltd · Promoter Group30,000 · ₹24.4 L27 Mar 26
BoughtSambhav Starch Products Pvt Ltd · Promoter Group20,000 · ₹16.6 L25 Mar 26
BoughtSambhav Starch Products Pvt Ltd · Promoter Group30,000 · ₹24.2 L24 Mar 26
Bulk / block deals
BoughtSAHAJ SECURITIES LLP · NSE10.00 L @ ₹77.36 Apr 26
SoldATMAN INVESTMENTS PRIVATE LIMITED · NSE10.00 L @ ₹77.36 Apr 26
SoldGRAVITON RESEARCH CAPITAL LLP · NSE9.29 L @ ₹155.0512 Sep 24
Stake changes
BoughtCorn Products Development Inc.→ 9.00% · 1.80 cr24 Jun 26
What shareholders were asked to approve
1 proposal passed only on promoter votes

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.

Yearly shareholder meeting · 10 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025 including the Audited Balance Sheet as at March 31, 2025 and the Statement of Profit and Loss for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
20.21 L votes for, 407 against · 0% of mutual funds and other big investors said no
2
To Re appoint a Director in the place of Mr. Sambhav Gautam Chowdhary (DIN: 01370802), who retires by rotation and being eligible, offers himself for re appointment
Backed by 100% of shareholders other than promotersneeded 50%
20.13 L votes for, 8,407 against · 0% of mutual funds and other big investors said no
3
To Approve the Appointment of Secretarial Auditor and fix their Remuneration
⚑ Passed only because promoters voted yes
Backed by 5% of shareholders other than promotersneeded 50%
1.05 L votes for, 19.17 L against · 100% 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 — 44 named members
owning 64.2% between them · as of 2026-06-30
Sambhav Gautamchand Chowdhary16.03%
Shreyans Gautamchand Chowdhary15.96%
Gautamchand Sohanlal Chowdhary7.39%
Sambhav Starch Products Pvt. Ltd.5.38%
Sanstar Gems & Jewels Private Limited5.32%
Samiksha Shreyans Chowdhary3.84%
Richa Sambhav Chowdhary3.80%
Ranidevi Gautam Chowdhary3.55%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹198 cr raised in Jun 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 0% of what it set aside, leaving ₹198 cr still to be spent. Acuité Ratings and Research Limited watches the spending on the exchange’s behalf.

Working Capital Requirements
0%
₹0 cr of ₹149 cr
General Corporate Purposes
0%
₹0 cr of ₹49 cr
₹397 cr raised in Jul 2024 by selling shares to the public

As of Mar 2026, the company says it has spent 100% of what it set aside. Acuite Ratings and Research Limited watches the spending on the exchange’s behalf.

Funding the capital expenditure requirement for expansion of our Dhule facility
100%
₹182 cr of ₹182 cr
Repayment and / or pre-payment, in part of full, of certain borrowing availed by our company
100%
₹100 cr of ₹100 cr
General Corporate Purposes
100%
₹82 cr of ₹82 cr
Issue Related Expenses
100%
₹34 cr of ₹34 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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