Bajaj Hindusthan Sugar share price today

Bajaj Hindusthan Sugar Ltd's share price was ₹18.83 at the close on 4 November 2026. It has been rising for 6 weeks. That is 3.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹16 and ₹23, and at that close it sat 43% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Bajaj Hindusthan Sugar Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 12 weeks in a row.

Over the last 11 years the share price moved −9% while the NIFTY 500 moved +243%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: lowest operating margin in 16 quarters and profit fell in the June 2026 quarter.

1. Lowest operating margin in 16 quarters

   Operating margin was -11% in the June 2026 quarter, against -2.1% a year earlier.

2. Profit fell in the June 2026 quarter

   Profit was ₹-185 crore, -6.3% on a year earlier (₹-174 crore), after 2 quarters of growth.

For April to June 2026 (the quarter ended 30 June 2026), Bajaj Hindusthan Sugar reported revenue of ₹1,126 crore, down 9.8% from ₹1,248 crore a year earlier, and a loss of ₹185 crore.

Bajaj Hindusthan Sugar results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Bajaj Hindusthan Sugar closed at ₹18.83 on 4 November 2026, down 10.9% from ₹21.13 a year earlier (7 November 2025) and up 36.4% over five years. Its highest weekly close since April 2016 was ₹43.33 on 26 July 2024.

Bajaj Hindusthan Sugar share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

558 weekly closes from 1 April 2016 to 4 November 2026.

4 Nov 2026: Bajaj Hindusthan Sugar closed at ₹18.83, up 9.2% on the week and down 1.9% on the month. Results for April to June 2026: Revenue down 9.8% on a year earlier.

Bajaj Hindusthan Sugar has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Bajaj Hindusthan Sugar Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

Bajaj Hindusthan Sugar is on 2 of our India lists: Breakout stocks and Penny stocks.

Bajaj Hindusthan Sugar Ltd posted a net loss of ₹185 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹126 Cr. That loss is 16.4% of the quarter's revenue. The same quarter a year earlier lost ₹174 Cr. 7 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Bajaj Hindusthan Sugar Ltd reported ₹1,126 Cr of revenue in the Jun 2026 quarter, −9.8% on the same quarter a year earlier. Over 10 years it has grown 1.5% a year on average. The last full year, FY26, came in at ₹5,455 Cr. The last four reported quarters add to ₹5,332 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹5,455 Cr, −2.1% on the year before.

Recent pace: the last four quarters grew −2.3% on average, against 1.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −1.9%, against −6.7% a year over the last 8 quarters (accelerating).

Bajaj Hindusthan Sugar Ltd's operating margin was −11.0% in the Jun 2026 quarter, 8.9 percentage points lower than the same quarter a year ago. Across 13 years it has been between −3.7% and 19.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −8.5 percentage points on the year while gross margin changed −9.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Bajaj Hindusthan Sugar Ltd's cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in ₹230 Cr of operating cash against ₹126 Cr of profit. After ₹54.0 Cr of spending on assets, ₹176 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Bajaj Hindusthan Sugar Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −58 days in FY26, up from −116 days in FY21. It spent ₹26.0 Cr on assets over the last 3 years. Customers take 7 days to pay, and stock sits for 203 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹5,455 Cr, each day of that cycle ties up about ₹14.9 Cr, so roughly −₹867 Cr is tied up in the business at any time.

FY26: customers took 7 days to pay and stock sat for 203 days, about 6.7 months of sales sitting as stock, for a full cycle of −58 days, longer than FY21's −116.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 203 days. Customers pay about 7 days after that. Suppliers are paid at 267 days. Together that makes the −58-day cycle.

Spending on assets: ₹26.0 Cr over the last 3 years, against ₹654 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹41.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Bajaj Hindusthan Sugar Ltd's P/E is 34.8×, near the high end of its own history: higher than 85% of past readings. Its usual P/E (the middle reading) is 28.3×, over 7.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Bajaj Hindusthan Sugar Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Bajaj Hindusthan Sugar Ltd earned a ROCE of 3% in FY26. That is up from a low of −5% in FY14. Its return on capital used (ROIC) is 11.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 2.3% net margin and 0.38× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 2.3% net margin × 0.38× asset turnover × 14.30× leverage (assets divided by equity) ≈ 12.5% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 0.8% − 12.0% = −11.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Bajaj Hindusthan Sugar Ltd has total debt of ₹3,545 Cr against shareholder equity of ₹3,812 Cr as of Jun 2026, so its debt is 0.93× its equity. Year by year, that ratio went from 2.13 in FY22 to 0.93 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.