company background image
BANA

Bannari Amman Sugars NSEI:BANARISUG Stock Report

Last Price

₹2.20k

Market Cap

₹27.5b

7D

7.0%

1Y

17.8%

Updated

29 Jun, 2022

Data

Company Financials
BANARISUG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

BANARISUG Stock Overview

Bannari Amman Sugars Limited primarily produces and sells sugar in India and internationally.

Bannari Amman Sugars Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bannari Amman Sugars
Historical stock prices
Current Share Price₹2,198.65
52 Week High₹3,048.70
52 Week Low₹1,701.00
Beta0.60
1 Month Change-13.69%
3 Month Change-17.26%
1 Year Change17.80%
3 Year Change55.81%
5 Year Change23.02%
Change since IPO1,640.13%

Recent News & Updates

Jun 13
Bannari Amman Sugars (NSE:BANARISUG) Has Affirmed Its Dividend Of ₹10.00

Bannari Amman Sugars (NSE:BANARISUG) Has Affirmed Its Dividend Of ₹10.00

Bannari Amman Sugars Limited ( NSE:BANARISUG ) has announced that it will pay a dividend of ₹10.00 per share on the 9th...

Shareholder Returns

BANARISUGIN FoodIN Market
7D7.0%3.2%3.0%
1Y17.8%-6.1%0.3%

Return vs Industry: BANARISUG exceeded the Indian Food industry which returned -5.8% over the past year.

Return vs Market: BANARISUG exceeded the Indian Market which returned 0.6% over the past year.

Price Volatility

Is BANARISUG's price volatile compared to industry and market?
BANARISUG volatility
BANARISUG Average Weekly Movement5.1%
Food Industry Average Movement7.6%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: BANARISUG is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BANARISUG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19831,903B. Saravananhttps://www.bannari.com

Bannari Amman Sugars Limited primarily produces and sells sugar in India and internationally. It operates through Sugar, Power, Distillery, and Granite Products segments. The company manufactures and sells cane crush; industrial alcohol and extra neutral spirits; granite blocks, and polished granite slabs and tiles; and bio-products.

Bannari Amman Sugars Fundamentals Summary

How do Bannari Amman Sugars's earnings and revenue compare to its market cap?
BANARISUG fundamental statistics
Market Cap₹27.55b
Earnings (TTM)₹799.84m
Revenue (TTM)₹19.98b

34.4x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BANARISUG income statement (TTM)
Revenue₹19.98b
Cost of Revenue₹14.60b
Gross Profit₹5.38b
Other Expenses₹4.58b
Earnings₹799.84m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)63.78
Gross Margin26.95%
Net Profit Margin4.00%
Debt/Equity Ratio67.4%

How did BANARISUG perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

16%

Payout Ratio

Does BANARISUG pay a reliable dividends?

See BANARISUG dividend history and benchmarks
When do you need to buy BANARISUG by to receive an upcoming dividend?
Bannari Amman Sugars dividend dates
Ex Dividend DateSep 01 2022
Dividend Pay DateOct 09 2022
Days until Ex dividend63 days
Days until Dividend pay date101 days

Does BANARISUG pay a reliable dividends?

See BANARISUG dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is BANARISUG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BANARISUG?

Other financial metrics that can be useful for relative valuation.

BANARISUG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.9x
Enterprise Value/EBITDA17.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BANARISUG's PE Ratio compare to its peers?

BANARISUG PE Ratio vs Peers
The above table shows the PE ratio for BANARISUG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.9x
500097 Dalmia Bharat Sugar and Industries
8.9x18.5%₹26.5b
523261 Venky's (India)
16.4xn/a₹27.0b
543306 Dodla Dairy
21.8x14.5%₹29.0b
532783 LT Foods
8.4x22.3%₹24.7b
BANARISUG Bannari Amman Sugars
34.4xn/a₹27.5b

Price-To-Earnings vs Peers: BANARISUG is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the peer average (13.9x).


Price to Earnings Ratio vs Industry

How does BANARISUG's PE Ratio compare vs other companies in the IN Food Industry?

Price-To-Earnings vs Industry: BANARISUG is expensive based on its Price-To-Earnings Ratio (34.4x) compared to the Indian Food industry average (22.9x)


Price to Earnings Ratio vs Fair Ratio

What is BANARISUG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BANARISUG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BANARISUG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BANARISUG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BANARISUG (₹2198.65) is trading above our estimate of fair value (₹161.73)

Significantly Below Fair Value: BANARISUG is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BANARISUG's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Bannari Amman Sugars forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.7%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bannari Amman Sugars has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine Bannari Amman Sugars's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Bannari Amman Sugars competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Bannari Amman Sugars performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BANARISUG has high quality earnings.

Growing Profit Margin: BANARISUG's current net profit margins (4%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: BANARISUG's earnings have declined by 7.1% per year over the past 5 years.

Accelerating Growth: BANARISUG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BANARISUG had negative earnings growth (-13.2%) over the past year, making it difficult to compare to the Food industry average (12.1%).


Return on Equity

High ROE: BANARISUG's Return on Equity (5.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Bannari Amman Sugars's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BANARISUG's short term assets (₹14.3B) exceed its short term liabilities (₹9.8B).

Long Term Liabilities: BANARISUG's short term assets (₹14.3B) exceed its long term liabilities (₹1.7B).


Debt to Equity History and Analysis

Debt Level: BANARISUG's net debt to equity ratio (67.2%) is considered high.

Reducing Debt: BANARISUG's debt to equity ratio has reduced from 97.1% to 67.4% over the past 5 years.

Debt Coverage: BANARISUG's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: BANARISUG's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Bannari Amman Sugars's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.46%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 30 2022Ex Dividend DateSep 01 2022Dividend Pay DateOct 09 202238 days from Ex DividendBuy in the next 63 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BANARISUG's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: BANARISUG's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).


Stability and Growth of Payments

Stable Dividend: BANARISUG's dividend payments have been volatile in the past 10 years.

Growing Dividend: BANARISUG's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.7%), BANARISUG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: BANARISUG is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

13.0yrs

Average board tenure


CEO

B. Saravanan (48 yo)

12yrs

Tenure

₹28,356,000

Compensation

Mr. B. Saravanan, BCom, has been Managing Director at Bannari Amman Sugars Limited since June 02, 2010. Mr. Saravanan serves as the Managing Director of M/s Shiva Distilleries Limited. Mr. Saravanan served...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether B.'s total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: B.'s compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: BANARISUG's board of directors are seasoned and experienced ( 13 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bannari Amman Sugars Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bannari Amman Sugars Limited
  • Ticker: BANARISUG
  • Exchange: NSEI
  • Founded: 1983
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹27.547b
  • Shares outstanding: 12.54m
  • Website: https://www.bannari.com

Number of Employees


Location

  • Bannari Amman Sugars Limited
  • 1212, Trichy Road
  • Coimbatore
  • Tamil Nadu
  • 641018
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.