BANARISUG

Bannari Amman Sugars share price & financials

Price
₹3,600.7
Market cap
₹4.4k Cr
Sector
Fast Moving Consumer Goods

What Bannari Amman Sugars Limited does

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
Founded 1983Headquarters 1212 Trichy Road, Coimbatore - 641018, Tamil Nadu, IndiaEmployees 1,983 (FY2024-25) Company website

Quarterly results

Q1 FY27: revenue down 58.9%, net profit down 173.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue474 421 494 419 572 +21%644 +53%282 −43%172 −59%
EBITDA67 61 53 37 75 +12%83 +36%4 −92%-5 −114%
Net profit34 29 35 15 43 +26%48 +66%42 +20%-11 −173%
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 −3.6% 1Y

₹3.2k₹3.4k₹3.6k₹3.8k₹4.0k₹4.2kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹3,647.9 on 10 Sept 2025 → ₹3,517.6. High ₹4,240.7 (20 Aug 2026), low ₹3,269.7 (9 Oct 2025).

Financials, as filed

Revenue fell 8.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 10.4%.

Year endingFY23FY24FY25FY26
Revenue₹2.5k Cr₹2.2k Cr₹1.8k Cr₹1.9k Cr
Operating profit₹304 Cr₹306 Cr₹210 Cr₹199 Cr
Operating margin12.0%13.8%11.7%10.4%
Interest₹49 Cr₹32 Cr₹15 Cr₹1 Cr
Depreciation₹74 Cr₹57 Cr₹58 Cr₹60 Cr
Net profit₹144 Cr₹153 Cr₹104 Cr₹148 Cr
Net margin5.7%6.9%5.8%7.7%
Cash from operations₹502 Cr₹274 Cr₹430 Cr₹514 Cr
Free cash flow₹438 Cr₹135 Cr₹355 Cr₹405 Cr
ROCE12.0%12.0%9.0%9.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr₹13 Cr
Reserves₹1.3k Cr₹1.4k Cr₹1.5k Cr₹1.7k Cr₹1.8k Cr₹1.9k Cr
Borrowings₹872 Cr₹961 Cr₹581 Cr₹486 Cr₹19 Cr₹9 Cr
Other liabilities₹163 Cr₹184 Cr₹226 Cr₹260 Cr₹340 Cr₹235 Cr
Total liabilities₹2.4k Cr₹2.6k Cr₹2.4k Cr₹2.4k Cr₹2.2k Cr₹2.2k Cr
Fixed assets₹954 Cr₹1.0k Cr₹1.1k Cr₹1.1k Cr₹1.2k Cr₹1.1k Cr
Capital work in progress₹145 Cr₹61 Cr₹22 Cr₹112 Cr₹16 Cr₹106 Cr
Investments₹1 Cr₹1 Cr₹2 Cr₹3 Cr₹100 Cr₹263 Cr
Other assets₹1.3k Cr₹1.5k Cr₹1.3k Cr₹1.2k Cr₹902 Cr₹643 Cr
Total assets₹2.4k Cr₹2.6k Cr₹2.4k Cr₹2.4k Cr₹2.2k Cr₹2.2k 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

The ownership split has held steady since Jun 2025. The shareholder count shrank 18% to 6,366.

Promoters
58.7%
FIIs
0.3%
Public
41.0%

Since Jun 2025

  • Public +0.03 pp
  • FIIs −0.01 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Dec '23: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Mar '24: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Jun '24: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Sep '24: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Dec '24: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Mar '25: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Jun '25: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Sep '25: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Dec '25: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Mar '26: Promoters 58.7%, FIIs 0.3%, Public 41.0%.Jun '26: Promoters 58.7%, FIIs 0.3%, Public 41.0%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Bannari Amman Sugars Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Svb Holdings Private Limited 44.00%unchanged
Balasubramaniam S V 8.42%unchanged
Gagandeep Credit Capital Pvt Ltd 5.53%unchanged
Anuj Anantrai Sheth 4.52%unchanged
Soundaram B 3.82%unchanged
Fortress Advisors Llp 2.67%unchanged
Nemish S Shah 2.59%unchanged
Prescient Wealth Management Private Limited 2.57%unchanged
Shamyak Investment Private Limited 2.31%unchanged
Nilesh Kishor Shah 1.90%unchanged
Saravanan B 1.44%unchanged
Kotak Mahindra Trusteeship Services Limited 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.

What the price assumes

Growth trap

To justify its price of ₹3518, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~2%. At that growth it is worth ₹753 — downside of 79%.

Growth the price implies
31.6% 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
-79% downside if it only repeats history
Price today ₹3,517.6 Value at the reference growth ₹752.58

Change the assumptions yourself →

Learn to analyse Bannari Amman Sugars Limited

Guides on how to read this kind of business and the numbers that matter.