Bannari Amman Sugars share price & results
- Jun 2026
- Sept 2026
Tamil Nadu sugar producer with integrated co-generation power, distillery and granite operations.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 172 | −58.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -3.0 | −12.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -11.0 | −173.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 6.61 | +1.5 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 21.13 | +1.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -7.63 | +26.2 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −10.3% 1Y
1Y: ₹3,500.9 on 24 Oct 2025 → ₹3,138.8. High ₹4,240.7 (20 Aug 2026), low ₹3,138.8 (27 Oct 2026).
- Previous close
- ₹3,213
- Market cap
- ₹4.0k Cr
- 52-week range
- ₹3,138.8 – ₹4,240.7
- One year
- −12.94%
- Price to earnings (TTM to Jun 2026)
- 33.02×
- Return on equity (TTM to Jun 2026)
- 6.61%
Overview
- Symbol
- NSE:BANARISUG
- Exchange
- NSE
- Currency
- INR
What Bannari Amman Sugars Limited does
Based on the company's own presentations, annual report and earnings calls.
Bannari Amman Sugars is a diversified Tamil Nadu agro-industrial group built around integrated sugarcane processing, manufacturing sugar from cane procured from contracted growers. It generates electricity from bagasse-fired co-generation plants and wind mills, consuming this power captively across its sugar units and exporting surplus to the state grid. The company also runs a distillery that converts molasses, a by-product of its own sugar manufacturing, into industrial alcohol, and operates a granite unit that quarries and polishes granite into finished stone products for sale.
Segments
- Sugar
- Power (Co-generation & Wind)
- Distillery
- Granite
- Business segments
- 4 integrated operations: Sugar, Co-generation & Wind Power, Distillery, Granite
- Power generation sources
- Bagasse-based co-generation plants and wind mills
- Distillery feedstock
- Molasses sourced captively from own sugar manufacturing
- Granite operations
- Own granite quarrying and polishing unit producing finished granite products
- Permanent employees
- 1,983
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −173% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 474 | 421 | 494 | 419 | 572 | 644 | 282 | 172 |
| Expenses | 406 | 360 | 441 | 382 | 497 | 561 | 279 | 178 |
| Operating profit | 67 | 61 | 53 | 37 | 75 | 83 | 4 | -5 |
| Operating margin | 14.0% | 15.0% | 11.0% | 9.0% | 13.0% | 13.0% | 1.3% | −3.0% |
| Other income | 2 | 1 | 21 | 4 | 7 | 5 | 27 | 6 |
| Interest | 2 | 4 | 3 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 14 | 14 | 16 | 15 | 15 | 15 | 15 | 15 |
| Profit before tax | 53 | 45 | 55 | 24 | 66 | 73 | 15 | -14 |
| Tax rate | 35.0% | 35.0% | 36.0% | 37.0% | 35.0% | 33.0% | −179.0% | −25.0% |
| Net profit | 34 | 29 | 35 | 15 | 43 | 48 | 42 | -11 |
| EPS (₹ per share) | 27.33 | 22.98 | 28.04 | 12.16 | 34.05 | 38.59 | 33.16 | -8.71 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 2,525 | 2,220 | 1,793 | 1,917 |
| Expenses | 2,222 | 1,914 | 1,582 | 1,719 |
| Operating profit | 304 | 306 | 210 | 199 |
| Other income | 40 | 7 | 25 | 43 |
| Interest | 49 | 32 | 15 | 1 |
| Depreciation | 74 | 57 | 58 | 60 |
| Profit before tax | 220 | 224 | 163 | 178 |
| Net profit | 144 | 153 | 104 | 148 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 1,411 | 1,539 | 1,676 | 1,766 | 1,809 | 1,901 |
| Borrowings | 961 | 581 | 486 | 150 | 19 | 9 |
| Other liabilities | 184 | 226 | 260 | 297 | 340 | 235 |
| Total liabilities | 2,569 | 2,359 | 2,435 | 2,226 | 2,180 | 2,157 |
| Fixed assets | 1,049 | 1,078 | 1,071 | 1,189 | 1,163 | 1,145 |
| Capital work in progress | 61 | 22 | 112 | 11 | 16 | 106 |
| Investments | 1 | 2 | 3 | 4 | 100 | 263 |
| Other assets | 1,458 | 1,257 | 1,249 | 1,022 | 902 | 643 |
| Total assets | 2,569 | 2,359 | 2,435 | 2,226 | 2,180 | 2,157 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 236 | 33 | 502 | 274 | 430 | 514 |
| Cash from investing | -61 | -75 | -57 | -130 | -65 | -342 |
| Cash from financing | -179 | 42 | -443 | -144 | -369 | -161 |
| Net cash flow | -5 | 0 | 3 | 1 | -5 | 12 |
| Free cash flow | 173 | -45 | 438 | 135 | 355 | 405 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 38 | 63 | 20 | 22 | 14 | 6 |
| Inventory days | 339 | 255 | 205 | 247 | 277 | 142 |
| Days payable | 20 | 22 | 17 | 19 | 27 | 9 |
| Cash conversion cycle | 356 | 296 | 209 | 249 | 263 | 138 |
| Working capital days | 96 | 81 | 85 | 101 | 142 | 94 |
| Return on capital employed | 7.0% | 7.0% | 12.0% | 12.0% | 9.0% | 9.0% |
| Dividend payout | 14.0% | 16.0% | 11.0% | 10.0% | 15.0% | 11.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Sugar contributes 85.8% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
- Sugar 85.8%
₹150.15 crore
- Distillery 11.6%
₹20.22 crore
- Power 1.4%
₹2.39 crore
- Granite Products 1.3%
₹2.23 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Sugar | 150.15 | 85.8% |
| Distillery | 20.22 | 11.6% |
| Power | 2.39 | 1.4% |
| Granite Products | 2.23 | 1.3% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹174.99 crore
- Intersegment adjustment
- ₹2.54 crore
- Net segment revenue
- ₹172.45 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
What the price assumes
Growth trapTo justify its price of ₹3139, this stock must grow earnings at 29% every year for 7 years. Our analysis caps realistic growth at ~2%. At that growth it is worth ₹753 — downside of 76%.
- Growth the price implies
- 29.2% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 1.8% a year
- net profit, FY23–FY26 · EPS 1.9%
- The gap
- 0.3 pp
- -76% downside if it only repeats history
Ownership
Who owns it
Promoters hold 58.69% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 58.69%
- Foreign institutions 0.27%
- Domestic institutions 0.00%
- Public 41.03%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 8.42% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Bannari Amman Sugars Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 44.00% | unchanged | |
| 8.42% | newly disclosed | |
| 5.53% | unchanged | |
| 4.52% | unchanged | |
| 3.82% | unchanged | |
| 2.67% | unchanged | |
| 2.59% | unchanged | |
| 2.57% | unchanged | |
| 2.31% | unchanged | |
| 1.91% | unchanged | |
| 1.44% | unchanged | |
| 1.30% | 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.
Your own record
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