Bajaj Hindusthan Sugar Ltd

₹ 17.5 -1.96%

07 Jul - close price

bajajhindusthan.com BSE: 500032 NSE: BAJAJHIND

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.

Website BSE NSE

Market Cap ₹ 4,179 Cr.
Current Price ₹ 17.5
High / Low ₹ 29.6 / 14.8
Stock P/E 27.5
Book Value ₹ 16.1
Dividend Yield 0.00 %
ROCE 2.35 %
ROE 3.71 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Stock is trading at 1.09 times its book value
Company has delivered good profit growth of 20.5% CAGR over last 5 years

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Promoter holding has decreased over last quarter: -11.5%
The company has delivered a poor sales growth of -4.07% over past five years.
Promoter holding is low: 13.4%
Tax rate seems low
Company has a low return on equity of 0.50% over last 3 years.
Contingent liabilities of Rs.1,433 Cr.
Company might be capitalizing the interest cost
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.

Peer comparison

Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Sugar

Part of BSE Fast Moving Consumer Goods BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	2,036	1,354	1,130	1,730	1,863	1,380	1,153	1,466	1,546	1,242	1,153	1,368	1,657
	1,821	1,325	1,180	1,622	1,689	1,349	1,151	1,492	1,257	1,266	1,205	1,297	1,284
Operating Profit	215	29	-50	108	173	31	2	-26	289	-24	-52	71	372
OPM %	11%	2%	-4%	6%	9%	2%	0%	-2%	19%	-2%	-4%	5%	22%
	5	3	4	3	3	4	3	2	6	3	5	3	-4
Interest	50	43	40	38	34	28	24	22	22	3	0	5	17
Depreciation	53	53	54	54	53	53	53	53	52	52	53	53	52
Profit before tax	116	-65	-140	19	90	-45	-73	-99	221	-77	-100	15	300
Tax %	-3%	0%	0%	0%	-5%	0%	0%	0%	0%	119%	0%	0%	-31%
	120	-65	-140	19	94	-45	-73	-99	221	-169	-100	15	391
EPS in Rs	0.94	-0.51	-1.09	0.15	0.73	-0.35	-0.57	-0.78	1.73	-1.32	-0.78	0.12	1.65
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4,531	4,683	4,385	5,842	6,804	6,666	6,672	5,569	6,302	6,077	5,544	5,420
	4,689	3,890	3,529	5,560	6,501	6,207	6,493	5,344	6,047	5,817	5,248	5,053
Operating Profit	-158	793	856	283	303	459	179	225	255	260	296	368
OPM %	-3%	17%	20%	5%	4%	7%	3%	4%	4%	4%	5%	7%
	190	156	162	167	164	-50	17	21	17	13	15	7
Interest	889	848	802	680	322	301	263	254	210	156	96	26
Depreciation	240	224	214	197	211	216	215	215	213	213	211	211
Profit before tax	-1,097	-123	2	-427	-66	-108	-283	-222	-151	-96	4	138
Tax %	0%	-3%	-368%	-1%	-3%	-2%	-1%	-2%	-2%	-5%	0%	0%
	-1,097	-120	7	-423	-64	-105	-280	-218	-148	-92	4	138
EPS in Rs	-13.54	-1.07	0.07	-3.73	-0.57	-0.93	-2.47	-1.71	-1.16	-0.72	0.03	0.58
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	1%
5 Years:	-4%
3 Years:	-5%
TTM:	-2%

Compounded Profit Growth
10 Years:	13%
5 Years:	21%
3 Years:	45%
TTM:	3439%

Stock Price CAGR
10 Years:	-2%
5 Years:	-5%
3 Years:	1%
1 Year:	-40%

Return on Equity
10 Years:	-3%
5 Years:	-2%
3 Years:	1%
Last Year:	4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	81	108	110	110	110	110	110	124	124	124	124	237
Reserves	1,726	3,849	3,833	3,388	3,295	3,144	2,831	2,753	4,374	4,369	4,236	3,579
	7,284	6,911	7,007	6,791	6,022	5,487	5,389	4,792	4,246	3,769	3,495	3,465
	2,986	3,086	3,852	4,304	4,979	5,348	5,349	5,941	6,734	7,148	7,247	6,701
Total Liabilities	12,077	13,955	14,803	14,593	14,406	14,089	13,679	13,610	15,478	15,410	15,102	13,982
	4,890	7,937	7,728	7,536	7,390	7,188	6,992	6,803	6,600	6,391	6,189	6,004
CWIP	8	19	36	66	17	43	25	4	1	4	9	37
Investments	2,282	1,132	1,108	1,056	1,021	962	910	862	3,613	3,685	3,628	2,780
	4,897	4,866	5,930	5,935	5,978	5,897	5,751	5,940	5,264	5,330	5,277	5,161
Total Assets	12,077	13,955	14,803	14,593	14,406	14,089	13,679	13,610	15,478	15,410	15,102	13,982

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-348	377	713	951	1,133	894	351	635	814	662	303	246
	-193	-8	-18	-29	-18	-26	10	8	-5	-3	-3	554
	475	-388	-707	-920	-1,098	-816	-398	-658	-835	-632	-284	-781
Net Cash Flow	-66	-19	-11	1	17	53	-38	-16	-26	27	17	19
Free Cash Flow	-354	365	689	918	1,110	867	349	628	808	651	288	131
CFO/OP	230%	47%	83%	326%	373%	195%	197%	284%	321%	255%	102%	68%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	14	23	14	12	11	9	12	14	8	9	7	6
Inventory Days	192	206	366	212	175	182	169	228	184	204	223	203
Days Payable	246	235	338	251	264	299	296	339	318	267	293	266
Cash Conversion Cycle	-40	-6	41	-27	-77	-107	-116	-98	-126	-54	-63	-57
Working Capital Days	131	129	94	85	53	43	17	-8	-60	-73	-69	-73
ROCE %	-3%	7%	7%	2%	3%	3%	-0%	0%	1%	1%	1%	2%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Industrial Alcohol / Ethanol Production
Kilolitres (KL)

xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xx,xxx	xx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx
xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx	x,xxx,xxx
x.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	x.xx	xx.xx	xx.xx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx
	xxx.xx	xxx.xx		xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
				x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx

Please log in to see hidden values.

Power Generation
Million Units (MUs)

Sugar Production
Metric Tonnes (MT)

Sugar Recovery
%

Sugarcane Crushed
Million Metric Tonnes (MMT)

Sugarcane Crushing Capacity
Tonnes Crushed per Day (TCD)

Power Exported to Grid
Million Units (MUs)

BHSL Market Share of All India Sugar Production
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	24.96%	13.42%
	1.60%	1.64%	1.80%	2.57%	2.63%	4.32%	3.41%	2.61%	2.16%	1.89%	1.86%	1.14%
	15.26%	12.41%	9.45%	8.60%	8.43%	8.14%	8.08%	8.10%	8.12%	7.84%	7.83%	50.41%
	58.05%	60.87%	63.67%	63.73%	63.84%	62.46%	63.42%	64.20%	64.64%	65.18%	65.23%	34.95%
	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.07%
No. of Shareholders	4,51,099	5,12,155	5,56,650	6,35,448	6,73,585	7,45,336	7,88,743	8,01,056	7,89,152	7,81,568	7,70,569	7,65,300

	Feb 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	26.41%	26.02%	15.43%	15.43%	15.43%	15.43%	24.95%	24.96%	24.96%	24.96%	13.42%
	0.00%	3.86%	4.31%	3.82%	2.25%	0.14%	1.20%	1.69%	2.57%	2.61%	1.14%
	51.23%	39.65%	45.26%	44.10%	43.93%	39.90%	21.54%	15.27%	8.60%	8.10%	50.41%
	22.21%	30.32%	34.83%	36.49%	38.23%	44.36%	52.17%	57.94%	63.73%	64.20%	34.95%
	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.14%	0.14%	0.14%	0.14%	0.07%
No. of Shareholders	1,41,358	1,45,250	1,45,954	1,51,742	1,71,542	2,03,754	4,07,209	4,60,799	6,35,448	8,01,056	7,65,300

* 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.

Bajaj Hindusthan Sugar Ltd

Bajaj Hindusthan Sugar Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings