Bajaj Hindusthan Sugar Ltd

Bajaj Hindusthan Sugar Ltd

₹ 24.9 -0.24%
13 Jun - close price
About

Bajaj Hindusthan Sugar Limited (BHSL) was incorporated in 1931 under the name ''The Hindustan Sugar Mills Limited''. The Company is engaged in the manufacture of sugar, alcohol, ethanol, and the generation of power. [1][2]

Key Points

Company Overview [1]
BHSL has 14 sugar factories with an
aggregate sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD). Besides Sugar, BHSL is also a leading manufacturer of ethanol. It has six distilleries with capacity to produce 800 kilo litre per day (KLPD) of industrial alcohol and owns 14 co-generation plants having power generating capacity of 449 MW.

  • Market Cap 3,178 Cr.
  • Current Price 24.9
  • High / Low 46.1 / 16.5
  • Stock P/E 726
  • Book Value 34.1
  • Dividend Yield 0.00 %
  • ROCE 1.24 %
  • ROE 0.10 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.73 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.62% over past five years.
  • Promoter holding is low: 25.0%
  • Company has a low return on equity of -1.86% over last 3 years.
  • Contingent liabilities of Rs.1,386 Cr.
  • Promoters have pledged 100% of their holding.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,616 1,524 1,320 1,423 2,036 1,354 1,130 1,730 1,863 1,380 1,153 1,466 1,546
1,419 1,491 1,400 1,336 1,821 1,325 1,180 1,622 1,689 1,349 1,151 1,492 1,257
Operating Profit 197 33 -80 87 215 29 -50 108 173 31 2 -26 289
OPM % 12% 2% -6% 6% 11% 2% -4% 6% 9% 2% 0% -2% 19%
10 4 5 3 5 3 4 3 3 4 3 2 6
Interest 59 33 32 95 50 43 40 38 34 28 24 22 22
Depreciation 53 53 54 54 53 53 54 54 53 53 53 53 52
Profit before tax 95 -49 -160 -59 116 -65 -140 19 90 -45 -73 -99 221
Tax % -4% 0% 0% 0% -3% 0% 0% 0% -5% 0% 0% 0% 0%
99 -49 -160 -59 120 -65 -140 19 94 -45 -73 -99 221
EPS in Rs 0.78 -0.38 -1.25 -0.46 0.94 -0.51 -1.09 0.15 0.73 -0.35 -0.57 -0.78 1.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 18m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6,644 4,531 4,683 4,385 5,842 6,804 6,666 6,672 5,569 6,302 6,077 5,544
6,719 4,689 3,890 3,529 5,560 6,501 6,207 6,493 5,344 6,047 5,817 5,248
Operating Profit -75 -158 793 856 283 303 459 179 225 255 260 296
OPM % -1% -3% 17% 20% 5% 4% 7% 3% 4% 4% 4% 5%
226 190 156 162 167 164 -50 17 21 17 13 15
Interest 1,128 889 848 802 680 322 301 263 254 210 156 96
Depreciation 532 240 224 214 197 211 216 215 215 213 213 211
Profit before tax -1,508 -1,097 -123 2 -427 -66 -108 -283 -222 -151 -96 4
Tax % 2% 0% -3% -368% -1% -3% -2% -1% -2% -2% -5% 0%
-1,533 -1,097 -120 7 -423 -64 -105 -280 -218 -148 -92 4
EPS in Rs -23.98 -13.54 -1.07 0.07 -3.73 -0.57 -0.93 -2.47 -1.71 -1.16 -0.72 0.03
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -4%
3 Years: 0%
TTM: -9%
Compounded Profit Growth
10 Years: 7%
5 Years: 16%
3 Years: 26%
TTM: 105%
Stock Price CAGR
10 Years: 6%
5 Years: 30%
3 Years: 23%
1 Year: -40%
Return on Equity
10 Years: -4%
5 Years: -4%
3 Years: -2%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 64 81 108 110 110 110 110 110 124 124 124 124
Reserves 2,495 1,726 3,849 3,833 3,388 3,295 3,144 2,831 2,753 4,374 4,369 4,236
6,275 7,284 6,911 7,007 6,791 6,022 5,487 5,389 4,792 4,246 3,769 3,495
3,694 2,986 3,086 3,852 4,304 4,979 5,348 5,349 5,941 6,734 7,148 7,247
Total Liabilities 12,528 12,077 13,955 14,803 14,593 14,406 14,089 13,679 13,610 15,478 15,410 15,102
4,987 4,890 7,937 7,728 7,536 7,390 7,188 6,992 6,803 6,600 6,391 6,189
CWIP 8 8 19 36 66 17 43 25 4 1 4 9
Investments 2,431 2,282 1,132 1,108 1,056 1,021 962 910 862 3,613 3,685 3,628
5,102 4,897 4,866 5,930 5,935 5,978 5,897 5,751 5,940 5,264 5,330 5,277
Total Assets 12,528 12,077 13,955 14,803 14,593 14,406 14,089 13,679 13,610 15,478 15,410 15,102

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,070 -348 377 713 951 1,133 894 351 635 814 660 303
-483 -193 -8 -18 -29 -18 -26 10 8 -5 -1 -3
-639 475 -388 -707 -920 -1,098 -816 -398 -658 -835 -632 -284
Net Cash Flow -52 -66 -19 -11 1 17 53 -38 -16 -26 27 17

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 12 14 23 14 12 11 9 12 14 8 9 7
Inventory Days 170 192 206 366 212 175 182 169 228 184 204 223
Days Payable 179 246 235 338 251 264 299 296 339 318 269 293
Cash Conversion Cycle 3 -40 -6 41 -27 -77 -107 -116 -98 -126 -56 -63
Working Capital Days 41 143 129 114 95 53 43 49 27 -35 -56 -69
ROCE % -4% -3% 7% 7% 2% 3% 3% -0% 0% 1% 1% 1%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
24.95% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96% 24.96%
1.38% 1.59% 1.60% 1.69% 1.60% 1.64% 1.80% 2.57% 2.63% 4.32% 3.41% 2.61%
19.05% 15.64% 15.27% 15.27% 15.26% 12.41% 9.45% 8.60% 8.43% 8.14% 8.08% 8.10%
54.48% 57.67% 58.03% 57.94% 58.05% 60.87% 63.67% 63.73% 63.84% 62.46% 63.42% 64.20%
0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14%
No. of Shareholders 4,22,1144,48,5074,64,0644,60,7994,51,0995,12,1555,56,6506,35,4486,73,5857,45,3367,88,7438,01,056

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents