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Bajaj Hindusthan Sug Overview

Bajaj Hindusthan Sugar Ltd is a holding sugar corporation. The Company is engaged in the manufacture of sugar, alcohol and generation of power. The Company's segments comprises Sugar, Distillery, Power and Others. The Company’s byproduct-making procedure includes molasses, bagasse, fly ash and press mud. The Company aggregated a sugarcane crushing capability of approximately 136,000 tons crushed per/day (TCD), and an alcohol distillation capability of approximately 800 kiloliters/day throughout 14 places in the north Indian State of Utta...Read More

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Bajaj Hindusthan Sug Key Financials

Market Cap ₹4490 Cr.

Stock P/E -290.8

P/B 1

Current Price ₹18.8

Book Value ₹ 18.3

Face Value 1

52W High ₹29.6

Dividend Yield 0%

52W Low ₹ 14.9

Bajaj Hindusthan Sug Share Price

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Volume
Price

Bajaj Hindusthan Sug Quarterly Price

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Bajaj Hindusthan Sug Peer Comparison

Bajaj Hindusthan Sug Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1133 1741 1870 1386 1160 1476 1554 1248 1157 1380
Other Income 30 4 5 5 4 1 9 3 5 3
Total Income 1163 1745 1875 1390 1163 1477 1562 1252 1162 1383
Total Expenditure 1189 1630 1701 1358 1159 1500 1268 1275 1211 1307
Operating Profit -25 115 174 32 5 -23 294 -23 -49 76
Interest 42 39 37 29 26 24 24 6 3 7
Depreciation 56 56 55 54 54 54 53 54 54 54
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -123 20 82 -51 -76 -102 217 -83 -106 15
Provision for Tax -0 -0 -8 5 -0 -0 -0 91 -0 -0
Profit After Tax -123 20 91 -56 -75 -101 218 -174 -105 15
Adjustments -0 0 0 -10 0 -0 3 0 0 0
Profit After Adjustments -123 20 91 -66 -75 -102 220 -174 -105 15
Adjusted Earnings Per Share -1 0.2 0.7 -0.5 -0.6 -0.8 1.7 -1.4 -0.8 0.1

Bajaj Hindusthan Sug Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4535 4691 4399 5847 6806 6669 6666 5576 6338 6104 5575 5339
Other Income 120 90 96 101 96 12 23 32 23 42 18 20
Total Income 4655 4780 4496 5948 6902 6681 6689 5608 6361 6146 5593 5359
Total Expenditure 4704 3906 3548 5575 6510 6216 6503 5404 6075 5857 5285 5061
Operating Profit -48 874 948 373 392 465 186 203 285 289 308 298
Interest 889 848 802 680 322 301 264 254 210 162 103 40
Depreciation 258 242 243 197 204 216 216 215 213 222 216 215
Exceptional Income / Expenses 4 0 0 0 0 0 0 -6 0 0 0 0
Profit Before Tax -1191 -216 -98 -505 -134 -52 -294 -272 -138 -95 -11 43
Provision for Tax 1 -4 -6 -5 3 -2 -3 -4 -3 -8 5 91
Profit After Tax -1192 -212 -92 -500 -137 -50 -291 -268 -135 -87 -15 -46
Adjustments -0 0 0 0 0 0 0 0 0 1 -8 3
Profit After Adjustments -1192 -212 -92 -500 -137 -50 -291 -268 -135 -86 -24 -44
Adjusted Earnings Per Share -14.7 -2 -0.8 -4.5 -1.2 -0.5 -2.6 -2.1 -1.1 -0.7 -0.2 -0.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -9% -0% -4% 2%
Operating Profit CAGR 7% 15% -8% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -3% 10% 25% -1%
ROE Average -0% -2% -6% -11%
ROCE Average 1% 1% 0% 2%

Bajaj Hindusthan Sug Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1520 3578 3466 2942 2792 2697 2372 2259 4424 4475 4222
Minority's Interest 0 0 0 -0 -0 -0 -0 -0 10 10 9
Borrowings 7111 6220 5460 5892 5382 5140 4802 4244 3851 3553 3561
Other Non-Current Liabilities 24 701 699 696 705 713 708 620 1423 1391 1304
Total Current Liabilities 3146 3089 4713 4544 4931 5003 5253 5934 6237 6481 6200
Total Liabilities 11802 13588 14337 14074 13810 13552 13136 13057 15946 15911 15296
Fixed Assets 4944 7974 7736 7543 7397 7194 6993 6805 7800 7582 7326
Other Non-Current Assets 2784 1336 1332 1301 446 417 478 2079 4657 4723 4414
Total Current Assets 4074 4277 5269 5230 5968 5941 5664 4173 3489 3606 3546
Total Assets 11802 13588 14337 14074 13810 13552 13136 13057 15946 15911 15296

Bajaj Hindusthan Sug Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 129 61 52 32 38 54 104 74 52 23 52
Cash Flow from Operating Activities -365 379 700 953 1118 910 332 619 792 646 280
Cash Flow from Investing Activities -179 -2 -14 -29 -4 -21 22 13 12 -3 20
Cash Flow from Financing Activities 476 -386 -707 -918 -1098 -839 -384 -654 -833 -615 -281
Net Cash Inflow / Outflow -68 -9 -20 6 16 50 -30 -22 -29 29 19
Closing Cash & Cash Equivalent 61 52 32 38 54 104 74 52 23 52 71

Bajaj Hindusthan Sug Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -14.72 -1.96 -0.84 -4.54 -1.24 -0.45 -2.64 -2.15 -1.08 -0.69 -0.19
CEPS(Rs) -11.54 0.27 1.37 -2.75 0.61 1.51 -0.68 -0.42 0.63 1.09 1.61
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 18.77 32.68 31.49 26.73 25.37 24.5 21.55 18.15 35.55 35.96 33.92
Core EBITDA Margin(%) -3.59 16.04 18.37 4.58 4.35 6.79 2.44 3.07 4.14 4.05 5.2
EBIT Margin(%) -6.43 12.94 15.2 2.96 2.76 3.73 -0.45 -0.31 1.14 1.09 1.65
Pre Tax Margin(%) -25.36 -4.41 -2.11 -8.49 -1.97 -0.79 -4.41 -4.87 -2.18 -1.56 -0.19
PAT Margin (%) -25.38 -4.34 -1.99 -8.41 -2.01 -0.75 -4.36 -4.8 -2.13 -1.42 -0.28
Cash Profit Margin (%) -19.89 0.6 3.26 -5.09 0.99 2.5 -1.13 -0.95 1.24 2.22 3.59
ROA(%) -9.87 -1.67 -0.66 -3.52 -0.98 -0.37 -2.18 -2.04 -0.93 -0.55 -0.1
ROE(%) -61.53 -8.38 -2.63 -15.6 -4.76 -1.82 -11.47 -11.55 -4.03 -1.95 -0.36
ROCE(%) -3.47 6.56 6.72 1.74 2.02 2.92 -0.38 -0.24 0.91 0.78 1.14
Receivable days 14.72 16.8 17.21 9.81 9.81 10 10.46 13.99 10.23 8.87 8.62
Inventory Days 188.51 153.15 194.33 179.88 150.5 149.86 143.81 173.05 154.29 159.45 176.78
Payable days 235.55 267.09 302.66 229.59 238.7 289.73 296.03 354.88 304.85 305.96 296.98
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0.77 0.61 0.42 0.33 0.31 0.11 0.29 0.78 0.36 0.81 0.58
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.84 1.91 1.91 1.32 1 0.85 0.9 1.17 0.93 1.21 1.06
EV/Core EBITDA(x) -172.52 10.24 8.86 20.65 17.42 12.21 32.39 32.11 20.63 25.59 19.26
Net Sales Growth(%) -31.75 3.42 -6.21 32.9 16.41 -2.01 -0.05 -16.36 13.67 -3.69 -8.68
EBIT Growth(%) 45.75 309.29 11.33 -75.06 6.95 32.3 -112.15 41.93 510.5 -7.21 38.13
PAT Growth(%) 30.3 82.2 56.65 -443.21 72.67 63.39 -481.64 8 49.64 35.49 82.24
EPS Growth(%) 42.08 86.7 57.29 -443.17 72.67 63.39 -481.7 18.63 49.64 35.87 72.72
Debt/Equity(x) 4.79 1.95 2.02 2.31 2.16 2.04 2.28 2.13 0.97 0.86 0.85
Current Ratio(x) 1.29 1.38 1.12 1.15 1.21 1.19 1.08 0.7 0.56 0.56 0.57
Quick Ratio(x) 0.6 0.76 0.48 0.52 0.65 0.65 0.59 0.24 0.14 0.14 0.14
Interest Cover(x) -0.34 0.75 0.88 0.26 0.58 0.83 -0.11 -0.07 0.34 0.41 0.9
Total Debt/Mcap(x) 6.24 3.09 4.64 6.79 6.71 17.88 7.7 2.65 2.61 1.04 1.43

Bajaj Hindusthan Sug Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 24.95 24.95 24.95 24.95 24.95 24.95 24.95 24.95 24.95 13.43
FII 1.8 2.57 2.64 4.32 3.42 2.61 2.16 1.89 1.86 1.14
DII 9.45 8.6 8.43 8.14 8.08 8.1 8.12 7.84 7.83 50.4
Public 63.79 63.87 63.98 62.59 63.55 64.33 64.76 65.32 65.36 35.03
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Bajaj Hindusthan Sug News

Bajaj Hindusthan Sug Pros & Cons

Pros

  • Debtor days have improved from 305.96 to 296.98days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Promoter holding is low: 13.43%.
  • Company has a low return on equity of -2% over the last 3 years.
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