Announcement
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 23 Sep - 42nd AGM approved alteration of object clause to align with Companies Act 2013.
Source: Bse
Bannari Amman Sugars Limited (BANARISUG)
Small CapConsumer stocks · Small cap · NSE
Bannari Amman Sugars 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, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals02 Oct 2026 · screener
Latest result16 Aug, 01:33 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 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
30Bearishfull bear SMA stack · SMA20 -10.1% / mo · MACD + · near 52W low · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 26
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BANARISUGD candles · FIT view-8.6%Latest close ₹3311.90 on 2026-10-19
Bar
+1.7%
RSI
41
MACD hist
12.32
52W pos
10%
2026-10-19O ₹3256.00H ₹3338.00L ₹3256.00C ₹3311.90Vol 405 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
BANARISUGNifty Consumer DurablesNifty 500
- BANARISUG
- -4.8%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +0.8 pp
Chart stats
19 Oct 2026- From 52W high
- -23.7%
- 52W range position
- 10%
- ATR (14)
- 3.3%
- Volume vs 20D
- 0.44x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹3,205.3 - ₹3,562.9
₹4,338
₹3,196.5 - ₹4,338
₹108.3
Latest completed session
20-session average
22.4% 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
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED30
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -59.0% · PAT -173.3% YoY
Technical
Bearish30
Price trend and sector-relative-strength timing.
Valuation
Legacy model-74.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence75
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 -59% YoY · PAT -173% YoY · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹172 Cr | -59.0% | -39.0% |
| EBITDA | ₹-5 Cr | -113.5% | -225.0% |
| Operating margin | -3.0% | -1200 bps | -430 bps |
| PAT | ₹-11 Cr | -173.3% | -126.2% |
| PAT margin | -6.4% | -998 bps | -2129 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 34.00
- P/B
- 2.16
- EV/EBITDA
- 19.12
- Market Cap
- 4139.00Cr
Profitability
- ROE
- 7.26%
- ROCE
- 8.75%
- ROA
- 5.66%
- Dividend Y
- 0.38%
Growth (CAGR)
- Revenue 5Y
- 4.00%
- EPS 5Y
- 8.00%
- Revenue 3Y
- -9.00%
- EPS 3Y
- -2.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 156.00×
- Altman Z
- 8.46
- Book Value
- 1526.00
Cash Flow
- FCF Yield
- 4.16%
- FCF Positive Y
- 7/5
- OCF
- 514.00 Cr
- EPS TTM
- 97.09
Shareholding
- Promoter Hold
- 58.69%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 27%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 172-39.0% vs prev
Net Profit
₹ CrLatest: -11.0-126.2% 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 trend down. RSI 41.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~11.3% over last month) — short-term momentum negative.
- RSI(14) at 41 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
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
52
RS percentile
Stage 4 Downtrend
1M return
-0.1%
3M return
-4.8%
6M return
-8.5%
1Y return
-8.1%
RS 1D
+2
RS 20D
+13
Sector rank
#9
Industry rank
#35
Stage evidence
- Price is 7.0% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.0%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 93.5+0.61%
RS vs Nifty 50094
Valuation & peers
U-Score 30 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 30 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth8/25
Quality0/20
Balance Sheet10/15
Cash Flow7/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
30
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
30/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 4.2%.
- Piotroski is strong at 8/9.
- Cash flow contributes 7/10 to the score.
Main drags
- Fair-value margin of safety is negative at -74.5%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 0/20; verify the latest quarterly trend.
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
34.0
PB
2.2
EV/EBITDA
19.1
ROE
7.3%
ROCE
8.8%
FCF Yield
4.2%
Debt/Equity
0.0
MoS
-74.5%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
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
30
Previous: 30
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-74.5%
Previous: -74.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
30
30
30
30
30
30
30
30
30
30
30
30
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
₹1,825.81
-81.4% MoS
Growth-justified P/E
19.6
Growth-justified Value
₹1,898.11
-74.5% MoS
PEG
4.25
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
DALMIASUG
Small
Dalmia Bharat Sugar and Industries Limited
Agro Processing
match 96
31
17.0
7.3%
-212%
OVERVALUED
BAJAJHIND
Small
Bajaj Hindusthan Sugar Limited
Agro Processing
match 96
40
36.8
24.4%
-235%
WATCHLIST
DHAMPURSUG
Small
Dhampur Sugar Mills Limited
Agro Processing
match 91
28
16.2
5.5%
-722%
OVERVALUED
ANDHRSUGAR
Small
The Andhra Sugars Limited
Agro Processing
match 90
48
10.6
6.1%
-127%
FAIR VALUE
DWARKESH
Small
Dwarikesh Sugar Industries Limited
Agro Processing
match 89
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
Bannari Amman Sugars 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
75Limited 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 78th percentile of the scored universe and 81st percentile within Consumer. Main check: results consistency is weak at 50/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
5 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
78th percentile
overall median 67 · Consumer: 81st pctile, median 66 · Small: 80th pctile, median 66
Evidence depth
Financial-only
5 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
Can support position sizing if valuation and trend also agree.
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
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 58.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.4%.
- ▸7 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 18%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Bannari Amman Sugars Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Aug - Company Notice for Issue of Duplicate Share Certificates - Newspaper Publications
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Aug - Notice of 42nd Annual General Meeting - Newspaper Publication
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
Annual report
Notice Of AGM And Annual Report For The Financial Year 2025-26 22 Aug
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.