Bajaj Hindusthan Sugar Ltd
- Market Cap ₹ 4,179 Cr.
- Current Price ₹ 17.5
- High / Low ₹ 29.6 / 14.8
- Stock P/E 29.7
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE 2.27 %
- ROE 3.50 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.09 times its book value
- Company has delivered good profit growth of 19.9% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -11.5%
- The company has delivered a poor sales growth of -3.93% over past five years.
- Promoter holding is low: 13.4%
- Company has a low return on equity of 0.25% over last 3 years.
- Contingent liabilities of Rs.1,527 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,535 | 4,690 | 4,399 | 5,847 | 6,806 | 6,669 | 6,666 | 5,576 | 6,338 | 6,104 | 5,575 | 5,455 | |
| 4,704 | 3,906 | 3,548 | 5,575 | 6,510 | 6,216 | 6,503 | 5,403 | 6,075 | 5,855 | 5,285 | 5,089 | |
| Operating Profit | -168 | 785 | 851 | 272 | 297 | 454 | 163 | 172 | 263 | 249 | 290 | 366 |
| OPM % | -4% | 17% | 19% | 5% | 4% | 7% | 2% | 3% | 4% | 4% | 5% | 7% |
| 124 | 90 | 96 | 101 | 96 | 11 | 22 | 25 | 22 | 40 | 8 | 8 | |
| Interest | 889 | 848 | 802 | 680 | 322 | 301 | 264 | 254 | 210 | 162 | 103 | 33 |
| Depreciation | 258 | 242 | 243 | 197 | 204 | 216 | 216 | 215 | 213 | 222 | 216 | 216 |
| Profit before tax | -1,191 | -216 | -98 | -505 | -134 | -52 | -294 | -272 | -138 | -95 | -20 | 125 |
| Tax % | 0% | -2% | -6% | -1% | 2% | -5% | -1% | -1% | -2% | -9% | 24% | -1% |
| -1,192 | -212 | -92 | -500 | -137 | -50 | -291 | -268 | -135 | -87 | -25 | 126 | |
| EPS in Rs | -14.72 | -1.90 | -0.81 | -4.41 | -1.20 | -0.44 | -2.57 | -2.09 | -1.05 | -0.68 | -0.18 | 0.53 |
| 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: | -5% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 20% |
| 3 Years: | 45% |
| TTM: | 703% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -5% |
| 3 Years: | 1% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -2% |
| 3 Years: | 0% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 1,439 | 3,470 | 3,355 | 2,832 | 2,682 | 2,587 | 2,262 | 2,135 | 4,300 | 4,351 | 4,097 | 3,574 |
| 7,285 | 6,914 | 7,010 | 6,796 | 6,026 | 5,493 | 5,409 | 4,817 | 4,303 | 3,840 | 3,575 | 3,545 | |
| 3,001 | 3,095 | 3,861 | 4,312 | 4,987 | 5,358 | 5,354 | 5,974 | 7,212 | 7,591 | 7,488 | 6,948 | |
| Total Liabilities | 11,806 | 13,588 | 14,337 | 14,049 | 13,806 | 13,548 | 13,136 | 13,050 | 15,939 | 15,906 | 15,284 | 14,304 |
| 4,944 | 7,974 | 7,736 | 7,543 | 7,397 | 7,194 | 6,993 | 6,805 | 7,800 | 7,582 | 7,326 | 7,136 | |
| CWIP | 18 | 29 | 46 | 75 | 26 | 53 | 35 | 8 | 5 | 8 | 13 | 41 |
| Investments | 2,451 | 1,302 | 1,278 | 1,225 | 1,191 | 1,136 | 1,085 | 1,918 | 4,480 | 4,596 | 4,269 | 3,569 |
| 4,393 | 4,283 | 5,277 | 5,206 | 5,192 | 5,165 | 5,022 | 4,318 | 3,654 | 3,720 | 3,677 | 3,557 | |
| Total Assets | 11,806 | 13,588 | 14,337 | 14,049 | 13,806 | 13,548 | 13,136 | 13,050 | 15,939 | 15,906 | 15,284 | 14,304 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -365 | 379 | 700 | 953 | 1,118 | 910 | 332 | 619 | 792 | 646 | 280 | 230 | |
| -179 | -2 | -14 | -29 | -4 | -21 | 22 | 13 | 12 | -3 | 20 | 562 | |
| 476 | -386 | -707 | -918 | -1,098 | -839 | -384 | -654 | -833 | -615 | -281 | -776 | |
| Net Cash Flow | -68 | -9 | -20 | 6 | 16 | 50 | -30 | -22 | -29 | 29 | 19 | 16 |
| Free Cash Flow | -372 | 367 | 675 | 920 | 1,109 | 882 | 339 | 613 | 786 | 638 | 291 | 115 |
| CFO/OP | 224% | 48% | 83% | 338% | 377% | 201% | 204% | 357% | 301% | 259% | 97% | 65% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 13 | 22 | 12 | 11 | 11 | 9 | 12 | 14 | 8 | 9 | 7 | 7 |
| Inventory Days | 192 | 206 | 366 | 212 | 175 | 182 | 169 | 228 | 184 | 204 | 223 | 203 |
| Days Payable | 246 | 235 | 339 | 251 | 264 | 299 | 297 | 340 | 321 | 270 | 295 | 267 |
| Cash Conversion Cycle | -41 | -7 | 39 | -29 | -78 | -107 | -116 | -98 | -129 | -56 | -65 | -58 |
| Working Capital Days | 67 | 62 | 17 | 22 | -4 | -12 | -38 | -119 | -160 | -175 | -179 | -184 |
| ROCE % | -4% | 7% | 7% | 2% | 2% | 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) |
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| Power Generation Million Units (MUs) |
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| Sugar Production Metric Tonnes (MT) |
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| Sugar Recovery % |
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| Sugarcane Crushed Million Metric Tonnes (MMT) |
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| Sugarcane Crushing Capacity Tonnes Crushed per Day (TCD) |
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| Power Exported to Grid Million Units (MUs) |
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| BHSL Market Share of All India Sugar Production % |
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Extracted by Screener AI
Documents
Announcements
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2027 results.
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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 …
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Statement Of Deviation And Variation Under Regulation 32 Of SEBI (LODR) Regulations 2015
29 May - Filed quarter-end deviation statement; 1.09 billion equity shares and 28.11 billion CCPS allotted on March 27-28, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submitted annual secretarial compliance report for FY ended March 31, 2026; no major non-compliances reported.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - Dr. Anil Rishiraj appointed Additional Director (Non-Executive, Non-Independent) effective May 29, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2012
from bse
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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.