BAJAJHIND
Bajaj Hindusthan Sugar share price & financials
- Price
- ₹19.19
- Market cap
- ₹5.0k Cr
- Sector
- Fast Moving Consumer Goods
What Bajaj Hindusthan Sugar Limited does
Bajaj Hindusthan Sugar Limited manufactures sugar and its by-products through an integrated network of sugar, distillery and co-generation units located across Uttar Pradesh's cane belt. Its distilleries convert sugarcane molasses into ethanol, which is sold into the government's ethanol-blending programme, while co-generation units use bagasse (a sugar by-product) to generate power. In FY2024-25 the company shifted more of its ethanol output to the C-heavy molasses route, an operational realignment made in response to government ethanol-policy revisions.
Segments
- Sugar
- Distillery
- Co-generation
- Sugar, distillery & co-generation units
- 14
- Unit locations
- Golagokarannath, Palia Kalan, Khambarkhera, Barkhera, Maqsoodapur, Kinauni, Thanabhawan, Budhana, Bilai, Gangnauli, Pratappur, Rudauli, Utraula and Kundarkhi (all Uttar Pradesh)
- Geographic footprint
- All manufacturing units concentrated in Uttar Pradesh's sugarcane belt
- Ethanol feedstock route
- C-heavy molasses route (realigned from prior mix in FY2024-25)
Quarterly results
Q1 FY27: revenue down 10.1%, net profit down 4.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,153 | 1,466 | 1,546 | 1,242 | 1,153 +0% | 1,368 −7% | 1,657 +7% | 1,116 −10% |
| EBITDA | 2 | -26 | 289 | -24 | -52 −2700% | 71 +373% | 372 +29% | -115 −379% |
| Net profit | -73 | -99 | 221 | -169 | -100 −37% | 15 +115% | 391 +77% | -177 −5% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +0.3% 1Y
1Y: ₹20.87 on 10 Sept 2025 → ₹20.94. High ₹24.23 (24 Aug 2026), low ₹14.93 (25 Feb 2026).
Financials, as filed
Revenue fell 5.1% a year over 3 years, FY23 to FY26. Operating margin widened to 6.8%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹6.3k Cr | ₹6.1k Cr | ₹5.5k Cr | ₹5.4k Cr |
| Operating profit | ₹263 Cr | ₹260 Cr | ₹296 Cr | ₹367 Cr |
| Operating margin | 4.1% | 4.3% | 5.3% | 6.8% |
| Interest | ₹210 Cr | ₹155 Cr | ₹96 Cr | ₹25 Cr |
| Depreciation | ₹214 Cr | ₹214 Cr | ₹211 Cr | ₹210 Cr |
| Net profit | ₹-134 Cr | ₹-92 Cr | ₹4 Cr | ₹137 Cr |
| Net margin | -2.1% | -1.5% | 0.1% | 2.5% |
| Cash from operations | ₹814 Cr | ₹662 Cr | ₹303 Cr | ₹246 Cr |
| Free cash flow | ₹808 Cr | ₹651 Cr | ₹288 Cr | ₹130 Cr |
| ROCE | 1.0% | 1.0% | 2.0% | 3.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹110 Cr | ₹124 Cr | ₹124 Cr | ₹124 Cr | ₹128 Cr | ₹237 Cr |
| Reserves | ₹2.8k Cr | ₹2.8k Cr | ₹4.4k Cr | ₹4.4k Cr | ₹3.7k Cr | ₹768 Cr |
| Borrowings | ₹5.4k Cr | ₹4.8k Cr | ₹4.2k Cr | ₹3.8k Cr | ₹3.3k Cr | ₹6.3k Cr |
| Other liabilities | ₹5.3k Cr | ₹5.9k Cr | ₹6.7k Cr | ₹7.1k Cr | ₹5.4k Cr | ₹6.7k Cr |
| Total liabilities | ₹13.7k Cr | ₹13.6k Cr | ₹15.5k Cr | ₹15.4k Cr | ₹12.5k Cr | ₹14.0k Cr |
| Fixed assets | ₹7.0k Cr | ₹6.8k Cr | ₹6.6k Cr | ₹6.4k Cr | ₹7.2k Cr | ₹6.0k Cr |
| Capital work in progress | ₹25 Cr | ₹4 Cr | ₹1 Cr | ₹4 Cr | ₹15 Cr | ₹37 Cr |
| Investments | ₹910 Cr | ₹862 Cr | ₹3.6k Cr | ₹3.7k Cr | ₹3.3k Cr | ₹2.8k Cr |
| Other assets | ₹5.8k Cr | ₹5.9k Cr | ₹5.3k Cr | ₹5.3k Cr | ₹1.9k Cr | ₹5.2k Cr |
| Total assets | ₹13.7k Cr | ₹13.6k Cr | ₹15.5k Cr | ₹15.4k Cr | ₹12.5k Cr | ₹14.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +42.55 pp while the public trimmed −29.86 pp. The shareholder count shrank 4% to 7,54,171.
- Promoters
- 13.3%
- FIIs
- 1.1%
- DIIs
- 50.7%
- Public
- 34.8%
- Others
- 0.1%
Since Jun 2025
- DIIs +42.55 pp
- Public −29.86 pp
- Promoters −11.63 pp
How it drifted, 12 quarters
Over this window DIIs went from 12.4% to 50.7% — +38.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 25.0%, FIIs 1.6%, DIIs 12.4%, Public 60.9%, Others 0.1%.Dec '23: Promoters 25.0%, FIIs 1.8%, DIIs 9.4%, Public 63.7%, Others 0.1%.Mar '24: Promoters 25.0%, FIIs 2.6%, DIIs 8.6%, Public 63.7%, Others 0.1%.Jun '24: Promoters 25.0%, FIIs 2.6%, DIIs 8.4%, Public 63.8%, Others 0.1%.Sep '24: Promoters 25.0%, FIIs 4.3%, DIIs 8.1%, Public 62.5%, Others 0.1%.Dec '24: Promoters 25.0%, FIIs 3.4%, DIIs 8.1%, Public 63.4%, Others 0.1%.Mar '25: Promoters 25.0%, FIIs 2.6%, DIIs 8.1%, Public 64.2%, Others 0.1%.Jun '25: Promoters 25.0%, FIIs 2.2%, DIIs 8.1%, Public 64.6%, Others 0.1%.Sep '25: Promoters 25.0%, FIIs 1.9%, DIIs 7.8%, Public 65.2%, Others 0.1%.Dec '25: Promoters 25.0%, FIIs 1.9%, DIIs 7.8%, Public 65.2%, Others 0.1%.Mar '26: Promoters 13.4%, FIIs 1.1%, DIIs 50.4%, Public 35.0%, Others 0.1%.Jun '26: Promoters 13.3%, FIIs 1.1%, DIIs 50.7%, Public 34.8%, Others 0.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bajaj Hindusthan Sugar Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| State Bank Of India Bank | 11.51% | −0.08 pp |
| Punjab National Bank Bank | 10.69% | −0.08 pp |
| Indian Bank Bank | 4.90% | unchanged |
| Kushagra Bajaj | 4.02% | unchanged |
| Central Bank Of India Bank | 3.84% | unchanged |
| Bajaj Resources Pvt. Ltd | 3.68% | unchanged |
| Canara Bank Bank | 3.67% | unchanged |
| Bank of Maharashtra Bank | 3.50% | unchanged |
| IDBI Bank Ltd Bank | 3.42% | unchanged |
| SKB Roop Commercial LLP | 2.53% | unchanged |
| Indian Overseas Bank Bank | 2.05% | unchanged |
| Union Bank Of India Bank | 1.85% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Bajaj Hindusthan Sugar Limited
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