Bajaj Hindusthan Sugar Limited (BAJAJHIND) AI Stock Analysis

• Market Cap: ₹26.99B
• Dividend Yield: N/A
• Average Volume (3M): 583.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: -11.30%
• EPS Growth: -73.75%
• Country: IN
• Employees: 7,374
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): -1.40
• Shares Outstanding: 1,277,360,000
• 10 Day Avg. Volume: 255,518
• 30 Day Avg. Volume: 583,501
• PEG Ratio: 1.39
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.43
• P/FCF Ratio: 9.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: ₹22.00 ▲(3.09% Upside)

The overall stock score of 49 reflects significant financial challenges, including declining revenues and negative profitability, which weigh heavily on the score. Technical analysis provides a slight positive offset with short-term bullish momentum, but poor valuation due to negative earnings and lack of dividends further depresses the score.

Bajaj Hindusthan Sugar Limited Business Overview & Revenue Model

Company Description

Bajaj Hindusthan Sugar Limited, together with its subsidiaries, manufactures and sells sugar and ethanol in India. The company operates through Sugar, Distillery, and Power segments. It offers sugar by-products, such as bagasse, molasses, fly ash, and press mud; and bio-compost/bio-manure. The company also generates and sells bagasse-based power to the Uttar Pradesh state grid. In addition, it produces and sells alcohol / ethanol to alcohol-based chemical plants and oil companies. The company was formerly known as Bajaj Hindusthan Limited and changed its name to Bajaj Hindusthan Sugar Limited in January 2015. Bajaj Hindusthan Sugar Limited was incorporated in 1931 and is based in Noida, India.

How the Company Makes Money

Bajaj Hindusthan Sugar Limited generates revenue primarily through the production and sale of sugar. The company sells sugar to various segments, including retail and industrial buyers. Additionally, it earns revenue from the sale of by-products such as molasses, which is used in the production of alcohol and animal feed, and ethanol, which is increasingly in demand due to government mandates for blending with petrol. The company also benefits from the sale of electricity generated from bagasse, contributing a significant portion to its revenue. Bajaj Hindusthan has established partnerships with farmers for the supply of sugarcane, which helps ensure a steady supply of raw materials and supports the local agricultural economy. Market conditions, government policies, and sugar prices significantly impact the company's earnings.

Bajaj Hindusthan Sugar Limited Financial Statement Overview

Summary

Bajaj Hindusthan Sugar Limited faces ongoing financial challenges with declining revenues and profitability issues, as evidenced by negative net income and low margins. The balance sheet shows high leverage, although some improvement is noted. Cash flow generation remains a relative strength, supported by positive free cash flow trends, but financial stability is a concern due to high debt levels and cash flow volatility.

Income Statement

The company shows a declining revenue trend over recent years, with total revenue decreasing from 66.1 billion in 2020 to 55.7 billion in 2025. Gross profit margins have been volatile, and the net profit margins are negative, indicating consistent losses. EBIT and EBITDA margins have shown slight improvement but remain low, reflecting profitability challenges.

Balance Sheet

The company's debt-to-equity ratio has improved slightly from 2.04 in 2020 to 0.85 in 2025, indicating reduced leverage. However, the overall high debt levels remain a risk. The equity ratio has improved due to increased equity, but the return on equity remains negative due to persistent net losses.

Cash Flow

Free cash flow is positive and has grown significantly from 3.37 billion in 2021 to 2.54 billion in 2025. The operating cash flow to net income ratio is high due to negative net income, suggesting strong cash generation relative to earnings. However, the volatility in cash flows from financing activities indicates financial instability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	54.38B	55.75B	61.04B	63.38B	55.00B	65.57B
Gross Profit	9.50B	5.64B	10.97B	2.03B	1.16B	8.91B
EBITDA	2.52B	3.08B	2.89B	2.85B	1.97B	1.86B
Net Income	-1.31B	-235.70M	-864.10M	-1.35B	-2.68B	-2.91B
Balance Sheet
Total Assets	0.00	152.84B	159.06B	159.39B	130.50B	131.36B
Cash, Cash Equivalents and Short-Term Investments	735.60M	735.60M	522.10M	234.00M	19.70B	11.14B
Total Debt	0.00	35.75B	38.40B	43.03B	48.17B	54.09B
Total Liabilities	-42.31B	110.53B	114.21B	115.05B	107.91B	107.64B
Stockholders Equity	42.31B	42.22B	44.75B	44.24B	22.59B	23.72B
Cash Flow
Free Cash Flow	0.00	2.54B	6.35B	7.86B	6.11B	3.37B
Operating Cash Flow	0.00	2.75B	6.44B	7.92B	6.19B	3.40B
Investing Cash Flow	0.00	173.30M	-3.60M	123.30M	131.50M	114.60M
Financing Cash Flow	0.00	-2.73B	-6.15B	-8.33B	-6.54B	-3.82B

Bajaj Hindusthan Sugar Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 21.34
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJAJHIND, the sentiment is Negative. The current price of 21.34 is below the 20-day moving average (MA) of 21.88, above the 50-day MA of 21.31, and below the 200-day MA of 22.66, indicating a bearish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 43.81 is Neutral, neither overbought nor oversold. The STOCH value of 7.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAJAJHIND.

Bajaj Hindusthan Sugar Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DALMIASUG	67 Neutral	₹27.79B	7.50	―	1.89%	17.71%	18.17%
BANARISUG	66 Neutral	₹44.54B	39.25	―	0.35%	-17.59%	-21.81%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
TRIVENI	61 Neutral	₹78.89B	30.18	―	0.69%	14.75%	-15.81%
BALRAMCHIN	58 Neutral	₹87.42B	20.89	―	0.69%	-1.59%	-21.28%
BAJAJHIND	49 Neutral	₹26.99B	―	―	―	-11.30%	-73.75%
RENUKA	46 Neutral	₹62.24B	-15.66	―	―	-18.81%	-57.61%