Bannari Amman Sugars Limited (BANARISUG) AI Stock Analysis

• Market Cap: ₹45.14B
• Dividend Yield: 0.35%
• Average Volume (3M): 7.00
• Price to Earnings (P/E): 37.0
• Beta (1Y): 0.63
• Revenue Growth: -7.81%
• EPS Growth: -6.64%
• Country: IN
• Employees: 2,061
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Food Confectioners
• EPS (TTM): 34.05
• Shares Outstanding: 12,539,700
• 10 Day Avg. Volume: 3
• 30 Day Avg. Volume: 7
• PEG Ratio: -1.45
• Price to Book (P/B): 2.67
• Price to Sales (P/S): 2.65
• P/FCF Ratio: 13.42
• 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: 66 Neutral
• Price Target: ₹3,896.00 ▲(14.82% Upside)

Bannari Amman Sugars Limited shows a stable financial foundation with strong equity and cash flow, but faces challenges in revenue consistency and profitability. Technical indicators suggest neutral momentum, while a high P/E ratio indicates potential overvaluation.

Positive Factors

Diversified Revenue Streams

The company's diversification into ethanol and power generation from by-products provides alternative revenue streams, reducing dependency on sugar prices and enhancing resilience against market fluctuations.

Strong Cash Flow Generation

Strong cash flow generation indicates effective income conversion and capital expenditure management, supporting long-term financial health and investment capacity.

Solid Equity Position

A solid equity position with reduced leverage enhances financial stability and provides a buffer against economic downturns, supporting sustainable growth and investment opportunities.

Negative Factors

Revenue Decline

Inconsistent revenue growth reflects potential market challenges or operational inefficiencies, which could hinder long-term profitability and market competitiveness.

Profit Margin Pressure

Decreasing profit margins indicate cost pressures or increased expenses, which can impact profitability and limit the company's ability to reinvest in growth opportunities.

Volatility in Cash Generation

Volatile cash generation may signal operational inefficiencies or market instability, potentially affecting the company's ability to fund operations and strategic initiatives consistently.

Bannari Amman Sugars Limited Business Overview & Revenue Model

Company Description

Bannari Amman Sugars Limited engages in the manufacture and sale of sugar in India. The company operates through Sugar, Power, Alcohol, and Granite Products segments. It manufactures and sells cane crush; industrial alcohol and extra neutral spirits; granite blocks, and polished granite products; and bio-products. The company also generates power through co-generation power plants with an installed capacity of 129.80 MW and windmills with an installed capacity of 8.75 MW. In addition, it is also involved in the provision of education services. The company also exports its products. Bannari Amman Sugars Limited was incorporated in 1983 and is based in Coimbatore, India.

How the Company Makes Money

Bannari Amman Sugars Limited generates revenue primarily through the production and sale of sugar, which constitutes its main revenue stream. The company capitalizes on fluctuations in sugar prices in both domestic and international markets. Additionally, the production of ethanol from molasses serves as a significant alternative revenue source, especially given the rising demand for biofuels. Power generation from bagasse, a by-product of sugar production, also contributes to the company’s earnings by supplying energy to the grid. Furthermore, strategic partnerships with local farmers and agricultural cooperatives ensure a steady supply of raw materials, enhancing operational efficiency and profitability. Seasonal variations, government policies regarding sugarcane pricing, and market demand for its by-products significantly impact its financial performance.

Bannari Amman Sugars Limited Financial Statement Overview

Summary

Bannari Amman Sugars Limited exhibits a stable financial position with strong equity and cash flow generation capabilities. However, challenges in revenue consistency and profitability margins present 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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	18.08B	17.93B	22.20B	25.19B	19.67B	15.05B
Gross Profit	6.23B	6.13B	6.13B	6.24B	4.24B	3.49B
EBITDA	2.47B	2.37B	3.13B	3.44B	2.21B	2.20B
Net Income	1.13B	1.05B	1.52B	1.43B	799.84M	921.40M
Balance Sheet
Total Assets	0.00	22.26B	24.35B	23.59B	25.69B	23.90B
Cash, Cash Equivalents and Short-Term Investments	13.06M	105.64M	63.70M	56.80M	28.43M	32.02M
Total Debt	0.00	1.50B	4.86B	5.81B	9.61B	8.72B
Total Liabilities	-17.79B	4.47B	7.47B	8.07B	11.45B	10.34B
Stockholders Equity	17.79B	17.79B	16.88B	15.52B	14.23B	13.56B
Cash Flow
Free Cash Flow	0.00	3.54B	1.33B	4.37B	-454.23M	1.67B
Operating Cash Flow	0.00	4.30B	2.74B	5.02B	325.31M	2.36B
Investing Cash Flow	0.00	-651.35M	-1.30B	-566.61M	-752.33M	-610.37M
Financing Cash Flow	0.00	-3.69B	-1.44B	-4.43B	426.65M	-1.79B

Bannari Amman Sugars Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3393.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Positive. The current price of 3393.2 is below the 20-day moving average (MA) of 3595.04, below the 50-day MA of 3599.31, and below the 200-day MA of 3747.17, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 51.05 is Neutral, neither overbought nor oversold. The STOCH value of 36.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	68 Neutral	₹22.97B	7.01	―	2.00%	17.71%	18.17%
BANARISUG	66 Neutral	₹45.14B	37.03	―	0.35%	-7.81%	-6.64%
BALRAMCHIN	63 Neutral	₹86.53B	21.36	―	0.79%	9.74%	-6.32%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
TRIVENI	54 Neutral	₹78.20B	29.91	―	0.63%	14.75%	-15.81%
BAJAJHIND	49 Neutral	₹22.43B	-13.15	―	―	-11.72%	-439.12%
RENUKA	46 Neutral	₹53.68B	-7.22	―	―	-18.81%	-57.61%

Bannari Amman Sugars Limited Corporate Events

Bannari Amman Sugars Closes Trading Window Ahead of Q3 FY2025 Results

Bannari Amman Sugars Limited has announced that its trading window for dealing in the company’s securities by designated persons will be closed from 15 January 2026 until 48 hours after the declaration of its quarterly and nine-month financial results for the period ended 31 December 2025. This move, taken in compliance with SEBI’s Prohibition of Insider Trading Regulations, is a standard governance measure aimed at preventing insider trading ahead of the financial results and underscores the company’s adherence to regulatory norms and market transparency for investors and stakeholders.

Bannari Amman Sugars Limited Reports Strong Financial Results for September 2025

Bannari Amman Sugars Limited announced its unaudited financial results for the quarter and half-year ending September 30, 2025. The results, reviewed by the Audit Committee and approved by the Board of Directors, showed a total income of 57,165.16 lakhs for the quarter, with a net profit of 4,270.30 lakhs. This financial performance reflects the company’s operational efficiency and market position, potentially impacting stakeholders positively by demonstrating profitability and growth.