Bajaj Hindusthan Sugar Ltd
₹ 15.6
-3.40%
02 Mar
- close price
- Market Cap ₹ 1,994 Cr.
- Current Price ₹ 15.6
- High / Low ₹ 29.6 / 14.8
- Stock P/E
- Book Value ₹ 31.0
- Dividend Yield 0.00 %
- ROCE 1.24 %
- ROE 0.10 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.50 times its book value
Cons
- 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 -1.87% over last 3 years.
- Contingent liabilities of Rs.1,433 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.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,644 | 4,531 | 4,683 | 4,385 | 5,842 | 6,804 | 6,666 | 6,672 | 5,569 | 6,302 | 6,077 | 5,544 | 5,309 | |
| 6,719 | 4,689 | 3,890 | 3,529 | 5,560 | 6,501 | 6,207 | 6,493 | 5,344 | 6,047 | 5,817 | 5,248 | 5,025 | |
| Operating Profit | -75 | -158 | 793 | 856 | 283 | 303 | 459 | 179 | 225 | 255 | 260 | 296 | 284 |
| OPM % | -1% | -3% | 17% | 20% | 5% | 4% | 7% | 3% | 4% | 4% | 4% | 5% | 5% |
| 226 | 190 | 156 | 162 | 167 | 164 | -50 | 17 | 21 | 17 | 13 | 15 | 17 | |
| Interest | 1,128 | 889 | 848 | 802 | 680 | 322 | 301 | 263 | 254 | 210 | 156 | 96 | 31 |
| Depreciation | 532 | 240 | 224 | 214 | 197 | 211 | 216 | 215 | 215 | 213 | 213 | 211 | 210 |
| Profit before tax | -1,508 | -1,097 | -123 | 2 | -427 | -66 | -108 | -283 | -222 | -151 | -96 | 4 | 60 |
| 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 | -32 | |
| 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 | -0.25 |
| 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: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 15% |
| 3 Years: | 6% |
| 1 Year: | -18% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64 | 81 | 108 | 110 | 110 | 110 | 110 | 110 | 124 | 124 | 124 | 124 | 128 |
| 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 | 3,837 |
| 6,275 | 7,284 | 6,911 | 7,007 | 6,791 | 6,022 | 5,487 | 5,389 | 4,792 | 4,246 | 3,769 | 3,495 | 3,227 | |
| 3,694 | 2,986 | 3,086 | 3,852 | 4,304 | 4,979 | 5,348 | 5,349 | 5,941 | 6,734 | 7,148 | 7,247 | 5,158 | |
| 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 | 12,350 |
| 4,987 | 4,890 | 7,937 | 7,728 | 7,536 | 7,390 | 7,188 | 6,992 | 6,803 | 6,600 | 6,391 | 6,189 | 6,087 | |
| CWIP | 8 | 8 | 19 | 36 | 66 | 17 | 43 | 25 | 4 | 1 | 4 | 9 | 11 |
| Investments | 2,431 | 2,282 | 1,132 | 1,108 | 1,056 | 1,021 | 962 | 910 | 862 | 3,613 | 3,685 | 3,628 | 2,718 |
| 5,102 | 4,897 | 4,866 | 5,930 | 5,935 | 5,978 | 5,897 | 5,751 | 5,940 | 5,264 | 5,330 | 5,277 | 3,533 | |
| 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 | 12,350 |
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 | 662 | 303 | |
| -483 | -193 | -8 | -18 | -29 | -18 | -26 | 10 | 8 | -5 | -3 | -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 | 267 | 293 |
| Cash Conversion Cycle | 3 | -40 | -6 | 41 | -27 | -77 | -107 | -116 | -98 | -126 | -54 | -63 |
| Working Capital Days | -128 | 131 | 129 | 94 | 85 | 53 | 43 | 17 | -8 | -60 | -73 | -69 |
| ROCE % | -4% | -3% | 7% | 7% | 2% | 3% | 3% | -0% | 0% | 1% | 1% | 1% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alcohol / Ethanol Production KL |
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| Power Generated Million Units |
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| Sugar Produced MT |
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| Sugar Recovery % |
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| Sugarcane Crushed MMT |
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| Distillery Capacity KLPD |
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| Sugarcane Crushing Capacity TCD |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Feb - Notice convening an Extraordinary General Meeting of the Members of the Company scheduled to be held on Tuesday, March 10, 2026 at 11.00 A.M. containing …
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Extraordinary General Meeting Of The Company To Be Held On March 10, 2026
16 Feb - EGM March 10, 2026 to approve debt restructuring: equity issue Rs570.03cr, CCPS Rs2855.54cr, increase authorised capital.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Bajaj Hindusthan Sugar Limited has informed about Newspaper advertisement published in Navbharat Times (Hindi Daily) and The Economic Times (English Daily) on February 13, 2026 …
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Board Meeting Outcome for Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 As Amended, For Outcome Of Board Meeting Held On February 12, 2026 And Issuance Of Securities.
12 Feb - Approved RBI-framework restructuring: Rs570.03cr equity, Rs2,855.54cr CCPS conversion; Rs1,000cr promoter infusion; EGM to approve.
- Submission Of Unaudited Standalone And Consolidated Financial Results For The Third Quarter Ended December 31, 2025 Of The Financial Year 2025-26. 12 Feb
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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.