1. Is Bannari Amman Sugars Ltd 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.
2. Is Bannari Amman Sugars Ltd 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 Fair zone.
3. Is Bannari Amman Sugars Ltd 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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||13.2%||4.4%||3.1%||4.9%||9.3%||5.9%||5.3%||6%||5.2%||4.5%||-|
|Value Creation Index ⓘ||-0.1||-0.7||-0.8||-0.7||-0.3||-0.6||-0.6||-0.6||-0.6||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-51.3%||42.8%||56.5%||20.4%||-15.5%||-24%||43.1%||-2.9%||27.9%||-|
|Adj EPS ⓘ||129.1||27.8||-0.2||27.6||115.7||69.8||60.1||76.3||71.6||65.2||80.3|
|YoY Gr. Rt. %||-||-78.5%||-100.9%||NA||319.6%||-39.7%||-13.9%||27%||-6.1%||-8.9%||-|
|BVPS (₹) ⓘ||823.4||833.9||832.1||813.6||851||905.6||953.7||1,016.7||1,081.4||1,135.1||1,155.6|
|Adj Net Profit ⓘ||148||31.8||-0.3||31.5||145||87.5||75.3||95.6||89.8||81.8||101|
|Cash Flow from Ops. ⓘ||158||-255||20||178||645||588||-192||-57.2||236||32.2||-|
|Debt/CF from Ops. ⓘ||2.9||-4.1||61.2||8.6||1.6||0.9||-4||-17.4||3.7||29.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-7.3%||-10.8%||2.8%||-8.9%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.8||3.4||-0||3.4||14.5||7.9||6.5||7.7||6.8||5.9||7|
|Op. Profit Mgn % ⓘ||21.3||22.7||13.8||14||19.9||14.2||16.1||14.4||13.5||10.9||10.9|
|Net Profit Mgn % ⓘ||11||4.9||-0||2.2||8.3||5.9||6.7||5.9||5.7||4.1||4.9|
|Debt to Equity ⓘ||0.5||1.1||1.3||1.7||1||0.5||0.6||0.8||0.6||0.7||-|
|Working Cap Days ⓘ||248||659||546||379||289||238||299||281||306||250||0|
|Cash Conv. Cycle ⓘ||176||535||447||296||211||171||238||223||254||214||0|
Return on Equity has increased versus last 3 years average to 7.00%
Sales growth is growing at healthy rate in last 3 years 21.10%
Debt to equity has declined versus last 3 years average to 0.67
Sales growth is good in last 4 quarters at 26.21%
Net Profit has been subdued in last 3 years 2.78%
|TTM EPS (₹)||80.3||-|
|TTM Sales (₹ Cr.)||2,049||-|
|BVPS (₹.) ⓘ||1,155.6||-|
|Reserves (₹ Cr.) ⓘ||1,437||-|
|From the Market|
|52 Week Low / High (₹)||1709.95 / 3049.05|
|All Time Low / High (₹)||32.75 / 3049.05|
|Market Cap (₹ Cr.)||3,521|
|Equity (₹ Cr.)||12.5|
|Face Value (₹)||10|
|Industry PE ⓘ||17.1|
Bannari Amman Sugars incorporated in 1983, is engaged in the manufacturing of sugar, alcohol, liquor, granite, biocompost, biodiesel and power. Company is a part of conglomerate Bannari Amman Group.
Company started production of sugar with an initial capacity of 1250 tonnes of cane crush/day (TCD) which has increased to 14,000 TCD. The Total Cane Crush in the three units was 33.10 lakh tonnes in the year 2007-08.
Sugar- Company operates two units each located in Tamil Nadu and Karnataka. These plants have received ISO 9001:2000 certification for its quality management. The company markets sugar in consumer packs of 1 kg in select cities of Tamil Nadu.
Granite-This is a 100% Export Oriented Unit, established in the year 1991 for manufacture of polished granite slabs, tiles and monuments. The company has clients base in countries like
Distillery- Companyâ€™s this unit produces over 60,000 litres of industrial alcohol per day and extra neutral spirit per day from sugarcane molasses.
Bio-Compost Fertilizer- Bio-compost is prepared in Sugar Unit â€“I and II of Bannari Amman Sugars Limited, by mixing the nutrient rich Pressmud from sugar mills with Nitrogen, Phosphorous and Potassium rich Spent wash obtained from Distilleries. In this process, decomposing beneficial bacteria and aero booster are engaged for proper and better decomposition of the above mixture.
Co-Generation- Company operates two co-generation plants at the sugar unit II with turbo alternators of capacities 16 and 20 MW export the surplus power to the Karnataka State Electricity Board's Grid. The co-generation plant for generating 20 MW power at the sugar unit-1 exports the surplus power to the Tamilnadu State Electricity Board.
Bio-diesel- Bannari Amman Sugars bio diesel plant at Sathyamangalam, Tamilnadu, has commenced production of 3000 litres of bio diesel per day, from multi feed stock viz Jatropha, Pungan seeds etc.
Bannari Amman Sugars plans to develop new products in order to increase its product portfolio and presence.