AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 16 Sep - Priyanka Baya appointed Woman Independent Director from September 16, 2026; Shalu Bhandari ceased after two terms.
Source: Bse
Bajaj Hindusthan Sugar Limited (BAJAJHIND)
Small CapConsumer stocks · Small cap · NSE
Bajaj Hindusthan Sugar Limited operates in Sugar, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 12:58 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
39BearishSMA20 -4.4% / mo · MACD − · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 45
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BAJAJHINDD candles · FIT view+1.0%Latest close ₹19.71 on 2026-10-21
Bar
-1.8%
RSI
44
MACD hist
-0.05
52W pos
44%
2026-10-21O ₹20.07H ₹20.17L ₹19.38C ₹19.71Vol 1.3Cr sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BAJAJHINDNifty Consumer DurablesNifty 500
- BAJAJHIND
- +13.6%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- +20.1 pp
Chart stats
21 Oct 2026- From 52W high
- -24.2%
- 52W range position
- 44%
- ATR (14)
- 5.2%
- Volume vs 20D
- 0.76x
- Avg traded value
- ₹34.4 Cr
- 20D price channel
- ₹18.8 - ₹22.5
₹26
₹14.9 - ₹26
₹1
Latest completed session
20-session average
51.7% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · WATCHLIST40
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -9.8% · PAT NDF YoY
Technical
Bearish39
Price trend and sector-relative-strength timing.
Valuation
Legacy model-228.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence44
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -10% YoY · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,126 Cr | -9.8% | -32.5% |
| EBITDA | ₹-120 Cr | -344.4% | -132.2% |
| Operating margin | -11.0% | -890 bps | -3300 bps |
| PAT | ₹-185 Cr | NDF | -147.3% |
| PAT margin | -16.4% | -249 bps | -3986 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 36.80
- P/B
- 4.75
- EV/EBITDA
- 22.65
- Market Cap
- 4764.00Cr
Profitability
- ROE
- 24.40%
- ROCE
- 3.11%
- ROA
- 0.80%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -4.00%
- EPS 5Y
- 20.00%
- Revenue 3Y
- -5.00%
- EPS 3Y
- 45.00%
Balance Sheet
- Debt/Equity
- 6.36
- Interest Coverage
- 7.00×
- Altman Z
- 0.75
- Book Value
- 4.21
Cash Flow
- FCF Yield
- 16.62%
- FCF Positive Y
- 11/5
- OCF
- 230.00 Cr
- EPS TTM
- 0.18
Shareholding
- Promoter Hold
- 13.33%
- Promoter Pledge
- 100.00%
- Momentum 52W
- 46%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 1,126-32.5% vs prev
Net Profit
₹ CrLatest: -185-147.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term uptrend intact. RSI 44.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~4.6% over last month) — short-term momentum negative.
- RSI(14) at 44 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 24% off 52W high · 33% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
61
RS percentile
Stage 2 UptrendEstablished S2
1M return
-2.3%
3M return
+13.6%
6M return
-0.1%
1Y return
-13.0%
RS 1D
-3
RS 20D
-3
Sector rank
#8
Industry rank
#28
Stage evidence
- Price is 3.8% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +3.3%.
50-DMA
price below
200-DMA
price above
S2 entered
24 Aug 2026
S2 age
40 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 105.52-0.87%
RS vs Nifty 500106
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 40 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth13/25
Quality14/20
Balance Sheet0/15
Cash Flow10/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
40
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
40/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 16.6%.
- Cash flow contributes 10/10 to the score.
- Quality contributes 14/20 to the score.
Main drags
- Altman Z is 0.8, in distress territory.
- Promoter pledge is 100.0%.
- Fair-value margin of safety is negative at -228.8%.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
36.8
PB
4.8
EV/EBITDA
22.6
ROE
24.4%
ROCE
3.1%
FCF Yield
16.6%
Debt/Equity
6.4
MoS
-228.8%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Debt/equity is 6.4, so downturn resilience matters.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
40
Previous: 40
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-228.8%
Previous: -234.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
40
40
40
40
40
40
40
40
40
40
40
40
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹4.13
-377.3% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹5.99
-228.8% MoS
PEG
1.23
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BANARISUG
Small
Bannari Amman Sugars Limited
Agro Processing
match 96
30
34.0
7.3%
-74%
OVERVALUED
DALMIASUG
Small
Dalmia Bharat Sugar and Industries Limited
Agro Processing
match 95
31
17.0
7.3%
-212%
OVERVALUED
ANDHRSUGAR
Small
The Andhra Sugars Limited
Agro Processing
match 90
48
10.6
6.1%
-127%
FAIR VALUE
DHAMPURSUG
Small
Dhampur Sugar Mills Limited
Agro Processing
match 89
28
16.2
5.5%
-722%
OVERVALUED
DWARKESH
Small
Dwarikesh Sugar Industries Limited
Agro Processing
match 88
23
56.3
3.8%
-2261%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Bajaj Hindusthan Sugar Limited operates in Sugar, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
44Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 2nd percentile of the scored universe and 2nd percentile within Consumer. Main check: promoter alignment is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
9 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
2nd percentile
overall median 67 · Consumer: 2nd pctile, median 66 · Small: 2nd pctile, median 66
Evidence depth
Financial-only
9 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Do not rely on management narrative unless hard turnaround evidence is visible.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
5
weak · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
30
weak · leverage and solvency
Discipline
56
watch · capital discipline
Results
26
weak · quarterly consistency
Trust positives
- ▸FCF yield is 15.2%.
- ▸11 years of positive FCF.
Trust risks
- ▸Promoters have pledged 100% of holding.
- ▸Promoter holding fell 11.6%.
- ▸Debt/equity is 6.36.
- ▸Altman Z is 0.77.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Bajaj Hindusthan Sugar Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 27 Aug - AGM on August 27, 2026 approved appointments of three directors, effective from August 28, 2026.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Newspaper advertisement published in Navbharat Times (Hindi daily) and The Economic Times (English daily) on August 14, 2026 in respect of Extracts of Unaudited Standalone …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Aug - Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 enclosing herewith newspaper advertisement in respect of the notice of Board Meeting intimation for approval …
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 29 May - Dr. Anil Rishiraj appointed Additional Director (Non-Executive, Non-Independent) effective May 29, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Pursuant to Regulation 30 & 47 of the SEBI (LODR) Regulations, 2015, submitting herewith Newspaper advertisement published in Navbharat Times (Hindi Daily) and The Economic …
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.