Bannari Amman Sugars Limited (BANARISUG) AI Stock Analysis

• Market Cap: ₹46.99B
• Dividend Yield: 28.97%
• Average Volume (3M): 36.00
• Price to Earnings (P/E): 41.4
• Beta (1Y): 0.70
• Revenue Growth: -17.59%
• EPS Growth: -21.81%
• Country: IN
• Employees: 2,061
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Food Confectioners
• EPS (TTM): 12.16
• Shares Outstanding: 12,539,700
• 10 Day Avg. Volume: 58
• 30 Day Avg. Volume: 36
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹3,995.00
• Price Target Upside: 6.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹3,995.00 ▲(6.17% Upside)

The overall stock score of 63 reflects a balanced view of Bannari Amman Sugars Limited. The company's strong balance sheet and cash flow generation are significant positives, providing stability. However, technical indicators suggest weak momentum, and the high P/E ratio indicates potential overvaluation, despite the attractive dividend yield. These factors combined result in a moderate overall score.

Bannari Amman Sugars Limited Business Overview & Revenue Model

Company Description

Bannari Amman Sugars Limited (BANARISUG) is a prominent Indian company operating in the sugar industry. It is part of the Bannari Amman Group, which is one of the largest industrial conglomerates in South India. The company is primarily engaged in the manufacturing and marketing of sugar, along with the production of alcohol, including ethanol, and the generation of power. With a diversified portfolio, Bannari Amman Sugars Limited serves various sectors, including food and beverages, pharmaceuticals, and energy.

How the Company Makes Money

Bannari Amman Sugars Limited generates revenue through multiple channels. The primary source of income is the production and sale of sugar, which is distributed both domestically and internationally. The company benefits from economies of scale due to its large-scale operations and strategic location of its production facilities. In addition to sugar, the company produces alcohol products such as industrial alcohol and ethanol, which are sold to the chemical and pharmaceutical industries and are increasingly in demand due to government mandates for ethanol blending in fuels. Another significant revenue stream is the cogeneration of power from bagasse, a byproduct of sugar production, which is used for internal consumption and sold to the grid. The company also engages in the production of bio-compost, further diversifying its product offerings. Strategic partnerships with local farmers for sugarcane supply and adherence to government policies on sugar pricing and ethanol blending contribute to the company's earnings.

Bannari Amman Sugars Limited Financial Statement Overview

Summary

Bannari Amman Sugars Limited shows strengths in balance sheet stability and cash flow generation, with a solid equity position and strong cash generation capabilities. However, challenges with fluctuating revenue and profitability margins pose potential risks.

Income Statement

Bannari Amman Sugars Limited has shown fluctuating revenue over the years, with a recent decline. The gross profit margin is stable, but there's a notable drop in net profit margin and EBIT margin, indicating cost pressures or increased expenses. Revenue growth has been inconsistent, suggesting challenges in maintaining consistent sales growth. Despite these challenges, EBITDA margin remains reasonable.

Balance Sheet

The company maintains a solid equity position with a high equity ratio, indicating strong capitalization. The debt-to-equity ratio has improved over time, reflecting reduced leverage. Return on equity has fluctuated but remains fair, indicating moderate profitability from shareholders' equity. Overall, the balance sheet reveals a stable financial position with adequate management of debt levels.

Cash Flow

There is a positive trend in free cash flow, showing strong cash generation capabilities. The operating cash flow to net income ratio is strong, indicating effective conversion of income into cash. Free cash flow to net income ratio reflects efficient capital expenditure management. However, cash flow from operations has varied, which could suggest volatility in cash generation.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	17.93B	22.20B	25.19B	19.67B	15.05B
Gross Profit	6.13B	6.13B	6.24B	4.24B	3.49B
EBITDA	2.37B	3.13B	3.44B	2.21B	2.20B
Net Income	1.05B	1.52B	1.43B	799.84M	921.40M
Balance Sheet
Total Assets	22.26B	24.35B	23.59B	25.69B	23.90B
Cash, Cash Equivalents and Short-Term Investments	105.64M	63.70M	56.80M	28.43M	32.02M
Total Debt	1.50B	4.86B	5.81B	9.61B	8.72B
Total Liabilities	4.47B	7.47B	8.07B	11.45B	10.34B
Stockholders Equity	17.79B	16.88B	15.52B	14.23B	13.56B
Cash Flow
Free Cash Flow	3.54B	1.33B	4.37B	-454.23M	1.67B
Operating Cash Flow	4.30B	2.74B	5.02B	325.31M	2.36B
Investing Cash Flow	-651.35M	-1.30B	-566.61M	-752.33M	-610.37M
Financing Cash Flow	-3.69B	-1.44B	-4.43B	426.65M	-1.79B

Bannari Amman Sugars Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3763.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BANARISUG, the sentiment is Neutral. The current price of 3763 is above the 20-day moving average (MA) of 3759.55, below the 50-day MA of 3857.17, and above the 200-day MA of 3734.97, indicating a neutral trend. The MACD of -29.10 indicates Negative momentum. The RSI at 45.08 is Neutral, neither overbought nor oversold. The STOCH value of 50.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BANARISUG.

Bannari Amman Sugars Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DALMIASUG	73 Outperform	₹28.71B	7.75		1.69%	23.22%	39.31%
BANARISUG	63 Neutral	₹46.99B	41.40		28.97%	-17.59%	-21.81%
BALRAMCHIN	60 Neutral	₹113.15B	27.04		0.55%	-3.19%	-18.29%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%
TRIVENI	51 Neutral	₹74.41B	33.75		1.03%	12.47%	-38.55%
RENUKA	48 Neutral	₹60.15B	―		―	-21.05%	39.28%
BAJAJHIND	47 Neutral	₹28.94B	―		―	-11.30%	-66.53%