Is Bannari Amman Sugars a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bannari Amman Sugars Ltd is a below average quality company .

Is Bannari Amman Sugars undervalued or overvalued?

The key valuation ratios of Bannari Amman Sugars Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Bannari Amman Sugars share price return in the past 10 years?

Bannari Amman Sugars Ltd share price has appreciated 10.8% annually (CAGR) over the past ten years.

Is Bannari Amman Sugars a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bannari Amman Sugars Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Bannari Amman Sugars?

The latest standalone P/E ratio of Bannari Amman Sugars as of 18-Apr-2024 is 17.81.

What is the P/B ratio of Bannari Amman Sugars?

The latest standalone P/B ratio of Bannari Amman Sugars as of 18-Apr-2024 is 1.93.

What is the 52-week high and low of Bannari Amman Sugars?

The 52-week high of Bannari Amman Sugars is Rs. 2975.00 and the 52-week low is Rs. 2201.05.

Bannari Amman Sugars Ltd - Stock Valuation and Financial Performance

Name: Bannari Amman Sugars
Brand: Bannari Amman Sugars

BSE: 500041 | NSE: BANARISUG | Sugar | Small Cap

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Banna Amman Sugars Share Price

₹2,562.15 -69.55 -2.64%
as on 18-Apr'24 16:01

10 Year X-Ray of Banna Amman Sugars:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	4.4%	3.1%	4.9%	9.3%	5.9%	5.3%	6%	5.2%	4.5%	7.9%	-
Value Creation Index ⓘ	-0.7	-0.8	-0.7	-0.3	-0.6	-0.6	-0.6	-0.6	-0.7	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	651	930	1,456	1,752	1,481	1,125	1,609	1,563	1,998	2,526	2,456
Sales YoY Gr.	-	42.8%	56.5%	20.4%	-15.5%	-24%	43.1%	-2.9%	27.9%	26.4%	-
Adj EPS ⓘ	27.8	-0.2	27.6	115.7	69.8	60.1	76.3	71.6	65	114.1	143.9
YoY Gr.	-	-100.9%	NA	319.6%	-39.7%	-13.9%	27%	-6.1%	-9.2%	75.4%	-
BVPS (₹) ⓘ	833.9	832.1	813.6	851	905.6	953.7	1,016.7	1,081.4	1,135.1	1,237.6	1,329.6
Adj Net Profit ⓘ	31.8	-0.3	31.5	145	87.5	75.3	95.6	89.8	81.6	143	180
Cash Flow from Ops. ⓘ	-255	20	178	645	588	-192	-57.2	236	32.5	502	-
Debt/CF from Ops. ⓘ	-4.1	61.2	8.6	1.6	0.9	-4	-17.4	3.7	29.5	1.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	16.3%	11.3%	16.2%	26.4%
Adj EPS ⓘ	17%	10.3%	14.4%	75.4%
BVPSⓘ	4.5%	6.5%	6.8%	9%
Share Price	10.8%	11.1%	17.3%	-7.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	3.4	-0	3.4	14.5	7.9	6.5	7.7	6.8	5.9	9.6	11.2
Op. Profit Mgn % ⓘ	22.7	13.8	14	19.9	14.2	16.1	14.4	13.5	10.9	12.1	14.6
Net Profit Mgn % ⓘ	4.9	-0	2.2	8.3	5.9	6.7	5.9	5.7	4.1	5.7	7.4
Debt to Equity ⓘ	1.1	1.3	1.7	1	0.5	0.6	0.8	0.6	0.7	0.4	-
Working Cap Days ⓘ	659	546	379	289	238	299	281	306	250	195	79
Cash Conv. Cycle ⓘ	535	447	296	211	171	238	223	254	214	164	43

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.20%

Sales growth is growing at healthy rate in last 3 years 16.21%

Net Profit is growing at healthy rate in last 3 years 14.37%

Debt to equity has declined versus last 3 years average to 0.37

Sales growth is good in last 4 quarters at 10.79%

No data to display

Latest Financials - Bannari Amman Sugars Ltd.

	Standalone	Consolidated
TTM EPS (₹)	143.9	-
TTM Sales (₹ Cr.)	2,456	-
BVPS (₹.) ⓘ	1,329.6	-
Reserves (₹ Cr.) ⓘ	1,655	-
P/BV ⓘ	1.93	-
PE ⓘ	17.81	-

From the Market
52 Week Low / High (₹)	2201.05 / 2975.00
All Time Low / High (₹)	32.75 / 3176.45
Market Cap (₹ Cr.)	3,213
Equity (₹ Cr.)	12.5
Face Value (₹)	10
Industry PE ⓘ	16

Management X-Ray of Banna Amman Sugars:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Banna Amman Sugars

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Price to Earnings

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Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Banna Amman Sugars

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	651	930	1,456	1,752	1,481	1,125	1,609	1,563	1,998	2,526
Operating Expenses ⓘ	508	802	1,251	1,404	1,271	943	1,378	1,352	1,783	2,221
Manufacturing Costs	136	120	137	135	145	169	171	138	182	278
Material Costs	272	578	979	1,131	989	644	1,061	1,072	1,440	1,729
Employee Cost	58	66	79	95	95	102	112	112	117	144
Other Costs ⓘ	41	38	57	44	41	28	33	30	45	71
Operating Profit ⓘ	143	128	204	348	210	182	231	211	215	304
Operating Profit Margin (%)	22.0%	13.8%	14.0%	19.8%	14.2%	16.1%	14.4%	13.5%	10.8%	12.0%
Other Income ⓘ	3	16	3	6	6	8	4	9	6	39
Interest ⓘ	62	93	116	97	34	30	44	39	32	49
Depreciation ⓘ	52	51	62	69	70	67	65	66	68	74
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	32	0	30	187	112	93	126	115	122	220
Tax ⓘ	3	-1	-2	42	25	17	30	22	42	77
Profit After Tax	29	1	32	145	87	76	96	92	80	143
PAT Margin (%)	4.4%	0.1%	2.2%	8.3%	5.9%	6.8%	5.9%	5.9%	4.0%	5.7%
Adjusted EPS (₹)	25.1	0.9	27.7	115.8	69.6	60.6	76.3	73.5	63.8	114.4
Dividend Payout Ratio (%)	50%	278%	27%	11%	14%	17%	13%	14%	16%	11%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	954	952	931	1,067	1,136	1,196	1,275	1,356	1,423	1,552
Share Capital ⓘ	11	11	11	13	13	13	13	13	13	13
Reserves ⓘ	943	940	919	1,055	1,123	1,183	1,262	1,344	1,411	1,539
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1,024	1,181	1,390	904	441	737	971	844	918	489
Long Term Debt	243	272	672	444	266	246	249	169	124	157
Short Term Debt	781	908	718	460	175	491	723	675	795	332
Trade Payables	74	62	132	85	79	167	62	60	87	81
Others Liabilities ⓘ	229	210	369	346	130	102	127	131	140	237
Total Liabilities ⓘ	2,281	2,405	2,821	2,402	1,786	2,202	2,434	2,390	2,569	2,359
Fixed Assets
Gross Block	1,179	1,515	1,305	1,338	1,386	1,386	1,429	1,443	1,604	1,707
Accumulated Depreciation	547	598	167	235	304	359	424	490	555	628
Net Fixed Assetsⓘ	632	917	1,138	1,103	1,083	1,027	1,005	954	1,049	1,079
CWIP ⓘ	268	22	15	34	4	24	90	145	61	22
Investmentsⓘ	0	0	1	2	1	1	1	1	1	2
Inventories	1,178	1,211	1,277	939	535	934	960	996	1,006	972
Trade Receivables	41	40	133	116	67	129	189	161	346	141
Cash Equivalents	4	11	20	9	4	4	8	4	3	6
Others Assetsⓘ	158	204	237	198	92	83	181	131	103	137
Total Assets ⓘ	2,281	2,405	2,821	2,402	1,786	2,202	2,434	2,390	2,569	2,359

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-255	20	178	645	588	-192	-57	236	33	502
PBT ⓘ	32	0	30	187	112	93	126	115	122	220
Adjustment ⓘ	117	129	176	165	101	92	108	102	106	123
Changes in Working Capital ⓘ	-403	-109	-31	335	396	-360	-273	36	-171	203
Tax Paid ⓘ	-1	0	3	-42	-21	-17	-19	-17	-23	-44
Cash Flow From Investing Activity ⓘ	-253	-74	-275	-52	-16	-27	-106	-61	-75	-57
Capex	-255	-88	-276	-53	-19	-31	-107	-63	-78	-64
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	1	14	1	1	3	3	1	2	2	8
Cash Flow From Financing Activityⓘ	509	61	107	-604	-579	219	167	-179	42	-443
Net Proceeds from Shares ⓘ	0	0	1	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	-77	-31	84
Interest Paid ⓘ	-63	-94	-116	-97	-33	-27	-44	-42	-34	-51
Dividend Paid ⓘ	-17	-17	-3	-10	-19	-15	-15	-13	-13	-13
Others ⓘ	588	172	225	-496	-527	262	226	-48	120	-463
Net Cash Flow ⓘ	0	7	10	-11	-6	0	4	-5	0	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	3.03	0.11	3.37	14.53	7.92	6.51	7.74	7	5.76	9.64
ROCE (%)	5.52	4.46	6.28	12.42	7.8	6.79	8.05	6.84	6.66	11.94
Asset Turnover Ratio	0.33	0.4	0.57	0.7	0.71	0.56	0.69	0.65	0.81	1.03
PAT to CFO Conversion(x)	-8.79	20	5.56	4.45	6.76	-2.53	-0.59	2.57	0.41	3.51
Working Capital Days
Receivable Days	39	16	21	25	22	32	36	41	46	35
Inventory Days	535	461	304	221	180	238	215	228	183	143
Payable Days	138	43	36	35	30	70	39	21	19	18

Bannari Amman Sugars Ltd Stock News

Bannari Amman Sugars Ltd FAQs

What is the share price of Banna Amman Sugars?

Company share prices are keep on changing according to the market conditions. The closing price of Banna Amman Sugars on 18-Apr-2024 16:01 is ₹2,562.2.

What is the market cap of Banna Amman Sugars?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Apr-2024 16:01 the market cap of Banna Amman Sugars stood at ₹3,212.9.

What is the P/E ratio of Banna Amman Sugars?

The latest P/E ratio of Banna Amman Sugars as of 18-Apr-2024 16:01 is 17.81.

What is the P/B ratio of Banna Amman Sugars?

The latest P/B ratio of Banna Amman Sugars as of 18-Apr-2024 16:01 is 1.93.

What is the 52-week high and low of Banna Amman Sugars?

The 52-week high of Banna Amman Sugars is ₹2,975 and the 52-week low is ₹2,201.1.

What is the TTM revenue of Banna Amman Sugars?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Banna Amman Sugars is ₹2,456 ( Cr.) .

About Bannari Amman Sugars Ltd

Bannari Amman Sugars incorporated in 1983, is engaged in the manufacturing of sugar, generation of power through co-generation, production of industrial alcohol and granite products. The company is a part of conglomerate Bannari Amman Group.

Business area of the company

The company is engaged in manufacturing crystal sugar, generating power, manufacturing alcohol and producing granite products. The company has five sugar factories and two distillery units. Besides the company has Agrinatural fertilizer and Granite processing units. Also, the company has Seven Wind Mills.

Business segments

Sugar
Power
Alcohol

History

1983: Incorporation on December 1, 1983.
1985: Goes public with the promise of increasing shareholder value.
1985: The issue was oversubscribed by several times.
1986: Installed a Sugar Factory (Unit–I) at Sathyamangalam, Tamil Nadu with a crushing capacity of 1250 TCD.
1986: Created a record with a continuous cane crush for 507 days from the date of maiden cane crush.
1990: The company has established a 100% EOU of Granite Processing Unit adjacent to Unit- I.
1992: Installed another Sugar Factory (Unit-II) at Nanjangud, Karnataka with a Crushing capacity of 2500 TCD.
1995: Took over a Distillery Unit situated at Sinnapuliyur Tamilnadu.
1997: Established a Bio-Compost Unit (Organic Manure) in Tamil Nadu.
1997: Expanded crushing capacity of Unit - I from 1250 TCD to 2500 TCD.
2000: Expanded crushing capacity of Unit- II from 2500 TCD to 5000 TCD.
2000: Established a 16MW Cogeneration Plant in Unit - II.
2002: Expanded crushing capacity of Unit - I from 2500 TCD to 4000 TCD.
2002: Established 20MW Co-generation Plant in Unit - I.
2003: Established a Distillery in Unit - II with a capacity of 60 Kilo Liters of spirit per day.
2003: Established a (Organic Manure) Bio-Compost Yard in Unit - II.
2004: Expanded crushing capacity of Unit - II from 5000 TCD to 7500 TCD.
2004: Additional 20 MW Co-gen Plant was established in Unit - II.
2005: Installed 7 Wind Turbine Generators with aggregate capacity of 8.75MW in Tamil Nadu.
2007: Acquired a sugar factory - Unit- III at Kollegal having capacity of 2500 TCD.
2010: Established a sugar factory (Unit-IV) at Thiruvannamalai with a capacity of 5000 TCD.
2010: Established a Cogeneration Plant with a capacity of 28.8MW power in Unit - IV.
2014: Expanded crushing capacity of Unit - III from 2500 TCD to 3600 TCD.
2014: Established 20MW Cogeneration Plant in Unit - III.
2016: Took over a sugar factory (Unit-V) at Thirukovilur with a capacity of 3600 TCD and a Co-generation Plant of 25MW.
2019: Installed 5 kW solar panel in the new bio-lab.
2022: New Variable Frequency Drive (VFD) panels were installed in the sugar and co-generation plant in sugar unit at Kolundampattu Village (Unit-IV).