# Bannari Amman Sugars share price today (Bannari Amman Sugars Ltd, NSE: BANARISUG)

> Bannari Amman Sugars share price today: ₹3,435.80 at the NSE close on 3 November 2026, down 4.6% in a year. Bannari Amman Sugars (NSE: BANARISUG) is worth ₹4,309 crore, trades at a P/E of 35.4 and has closed between ₹3,100.30 and ₹4,019.70 over the past 52 weeks. > Bannari Amman Sugars Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. BANARISUG · Sugar · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/bannari-amman-sugars-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹3,435.80 (−4.6% in a year)
- P/E: 35.4× (higher than 80% of the last 11 years)
- Revenue (Jun 2026): ₹172 Cr (−58.9% on a year ago)
- Profit (Jun 2026): −₹11.0 Cr (−173.3% on a year ago)
- Operating margin: −3.0% (−12.0 points on a year ago)
- ROCE: 9%, FY26
- ROIC: 7.5%, against a 12.0% cost of capital: −4.5 points

The main question: yearly earnings per share moved +41.3% while the share price moved −4.6%. ## What is the Bannari Amman Sugars share price today? Bannari Amman Sugars Ltd's share price was ₹3,435.80 at the close on 3 November 2026. It has been falling for 3 weeks. That is 2.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,100 and ₹4,020, and at that close it sat 36% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +183% while the NIFTY 500 moved +251%, 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. ## What changed at Bannari Amman Sugars this quarter? Two changes stood out: profit fell in the June 2026 quarter and lowest operating margin in 15 quarters. 1. Profit fell in the June 2026 quarter Profit was ₹-11 crore, -173.3% on a year earlier (₹15 crore), after 5 quarters of growth. 2. Lowest operating margin in 15 quarters Operating margin was -3% in the June 2026 quarter, against 9% a year earlier. ## What are Bannari Amman Sugars' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Bannari Amman Sugars reported revenue of ₹172 crore, down 58.9% from ₹419 crore a year earlier, and a loss of ₹11.0 crore, down 173.3% from ₹15.0 crore. ### Bannari Amman Sugars results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹172 crore | ₹419 crore | −58.9% |
| Profit | loss of ₹11.0 crore | ₹15.0 crore | −173.3% |
| Earnings per share | ₹−8.71 | ₹12.16 | −171.6% |
| Operating margin | −3.0% | 9.0% | −12.0 points |

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.)

## What is the Bannari Amman Sugars share price history? Bannari Amman Sugars closed at ₹3,435.80 on 3 November 2026, down 4.6% from ₹3,600.40 a year earlier (31 October 2025) and up 55.0% over five years. Its highest weekly close since March 2016 was ₹4,307.80 on 23 May 2025. ### Bannari Amman Sugars share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹3,202.90 | +7.3% |
| 1 month ago · 1 Oct 2026 | ₹3,300.50 | +4.1% |
| 6 months ago · 30 Apr 2026 | ₹3,725.40 | −7.8% |
| 1 year ago · 31 Oct 2025 | ₹3,600.40 | −4.6% |
| 3 years ago · 3 Nov 2023 | ₹2,546.30 | +34.9% |
| 5 years ago · 4 Nov 2021 | ₹2,216.50 | +55.0% |
| 10 years ago · 4 Nov 2016 | ₹1,899.20 | +80.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹1,214.10 | +183.0% |
| Highest weekly close since March 2016 · 23 May 2025 | ₹4,307.80 | −20.2% |
| Lowest weekly close since March 2016 · 20 Mar 2020 | ₹754.00 | +355.7% |
| 52-week high (weekly close) · 21 Aug 2026 | ₹4,019.70 | −14.5% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹3,100.30 | +10.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Bannari Amman Sugars? 3 Nov 2026: Bannari Amman Sugars closed at ₹3,435.80, up 7.3% on the week and up 4.1% on the month. 16 Sep 2026: ex-date for a dividend of ₹12.50 a share. ### Earlier

- Results for April to June 2026: Revenue down 58.9% and profit down 173.3% on a year earlier. ## What dividend does Bannari Amman Sugars pay? Bannari Amman Sugars paid ₹12.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.36% at the ₹3,435.80 close on 3 November 2026. The last was a dividend of ₹12.50 a share, ex-date 16 September 2026. ### Bannari Amman Sugars dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 16 Sep 2026 | ₹12.50 | Dividend |
| 22 Aug 2025 | ₹12.50 | Dividend |
| 13 Sep 2024 | ₹12.50 | Dividend |
| 28 Aug 2023 | ₹12.50 | Dividend |
| 1 Sep 2022 | ₹10 | Dividend |
| 1 Sep 2021 | ₹10 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Bannari Amman Sugars Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Bannari Amman Sugars on? Bannari Amman Sugars is not on any of our India lists this week. ## Is Bannari Amman Sugars profitable? Bannari Amman Sugars Ltd posted a net loss of ₹11.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹148 Cr. Over 10 years profit has grown 16.5% a year on average. That loss is 6.4% of the quarter's revenue. The same quarter a year earlier earned ₹15.0 Cr. 1 of the last 12 reported quarters were loss-making. Jun 2026 profit was −₹11.0 Cr, −173.3% on a year earlier. For the full year, FY26 profit was ₹148 Cr (+41.0% on the year before). Why profit moved: revenue changed −58.9% on a year earlier and the margin moved −12.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −15.3% and revenue −7.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Bannari Amman Sugars make, and is it growing? Bannari Amman Sugars Ltd reported ₹172 Cr of revenue in the Jun 2026 quarter, −58.9% on the same quarter a year earlier. Over 10 years it has grown 2.8% a year on average. The last full year, FY26, came in at ₹1,917 Cr. The last four reported quarters add to ₹1,670 Cr. FY26 revenue was ₹1,917 Cr, +6.9% on the year before. Recent pace: the last four quarters grew −7.0% on average, against 2.8% 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 −7.6%, against −12.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +8.0%, against −8.3% a year (accelerating). ## How much of every ₹100 of sales does Bannari Amman Sugars keep? Bannari Amman Sugars Ltd's operating margin was −3.0% in the Jun 2026 quarter, 12.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 10.0% and 23.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −11.7 percentage points on the year while gross margin changed +3.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Bannari Amman Sugars' profit turning into cash? Over the last 3 years, 301% of Bannari Amman Sugars Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹514 Cr of operating cash against ₹148 Cr of profit. After ₹112 Cr of spending on assets, ₹402 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Bannari Amman Sugars' cash go? Bannari Amman Sugars Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹1,917 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹329 Cr on assets over the last 3 years. Averaged over those years that is 5.7% of FY26 revenue a year. Spending on assets: ₹329 Cr over the last 3 years, against ₹178 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹106 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Bannari Amman Sugars' P/E ratio, and how does it compare with its own history? Bannari Amman Sugars Ltd's P/E is 35.4×, near the high end of its own history: higher than 80% of past readings. Its usual P/E (the middle reading) is 25.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +41.3% while the price moved −4.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +9.2% a year; about +7.7% a year came from earnings growth and about +1.5 percentage points from the multiple (the market paying more); over 10 years the price moved +6.1% a year; about −3.3% a year came from earnings growth and about +9.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Bannari Amman Sugars business getting better or worse? Bannari Amman Sugars Ltd's business is turning around. Profit growth has swung from −32.0% at its low to +8.0%, rising from a low 5 quarters ago, with ROCE falling at 7.1%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Bannari Amman Sugars earn on its capital? Bannari Amman Sugars Ltd earned a ROCE of 9% in FY26. That is up from a low of 4% in FY15. Its return on capital used (ROIC) is 4.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.7% net margin and 0.89× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.7% net margin × 0.89× asset turnover × 1.13× leverage (assets divided by equity) ≈ 7.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 7.5% − 12.0% = −4.5 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. ## Does Bannari Amman Sugars have too much debt? Bannari Amman Sugars Ltd has total debt of ₹9.0 Cr against shareholder equity of ₹1,913 Cr as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.68 in FY22 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Bannari Amman Sugars shareholding pattern? No group of Bannari Amman Sugars Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.0 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 58.7%; Foreign institutions: +0.0 points over 8 quarters, to 0.3%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Bannari Amman Sugars from balance-sheet trouble? For Bannari Amman Sugars Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Bannari Amman Sugars rank in its industry? 29.7 out of 100, rank 19 of 21 in Sugar, with 96% of the evidence available. Bannari Amman Sugars Ltd scores 29.7 out of 100 against the 21 companies it is compared with in Sugar, ranking 19. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 9.6 + 12.8 + 4 + 3.3 = 29.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Bannari Amman Sugars compared with? Bannari Amman Sugars ranks 19 of 21 Sugar companies on the 4-Factor Sector Score, with 29.7 out of 100. 1. [Andhra Sugars Ltd](https://www.sectoralpha.in/stocks/andhra-sugars-ltd) ANDHRSUGAR · losing its lead · Most evidence points up · 96% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.8/35 · Revenue 16.5% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.8/25 · ROCE 8.4% · Operating margin 12% · 100% evidence Valuation 15.7/20 · P/E 9.1× · PEG 0.68 · 100% evidence Relative strength 6.1/20 · Lead over its industry -3% · Lead over NIFTY 500 -0.5% · 1 year -3.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 29.8 + 13.8 + 15.7 + 6.1 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -3% and the one-year return is -3.3%. 2. [Dhampur Sugar Mills Ltd](https://www.sectoralpha.in/stocks/dhampur-sugar-mills-ltd) DHAMPURSUG · breaking out · Evidence leans up · 96% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 1.3% · Profit 36.3% · Operating margin change 1.3 points · 88% evidence Capital efficiency 9.6/25 · ROCE 6.4% · Operating margin 5.7% · 100% evidence Valuation 11.9/20 · P/E 14.6× · PEG 0.51 · 100% evidence Relative strength 18.8/20 · Lead over its industry 15.4% · Lead over NIFTY 500 17.9% · 1 year 16.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.3 + 9.6 + 11.9 + 18.8 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [DCM Shriram Ltd](https://www.sectoralpha.in/stocks/dcm-shriram-ltd) DCMSHRIRAM · quiet · Evidence leans up · 100% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 13.8% · Profit 93.7% · Operating margin change -2 points · 100% evidence Capital efficiency 15.4/25 · ROCE 11.5% · Operating margin 7% · 100% evidence Valuation 18.1/20 · P/E 10.4× · PEG 0.44 · 100% evidence Relative strength 2.3/20 · Lead over its industry -18.9% · Lead over NIFTY 500 -16.1% · 1 year -31.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.4 + 15.4 + 18.1 + 2.3 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Dhampur Bio Organics Ltd](https://www.sectoralpha.in/stocks/dhampur-bio-organics-ltd) DBOL · breaking out · Evidence leans up · 78% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 8% · Profit 100% · Operating margin change -0.1 points · 65% evidence Capital efficiency 7.7/25 · ROCE 5% · Operating margin 1.7% · 100% evidence Valuation 10.3/20 · P/E 30.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 14% · Lead over NIFTY 500 16.4% · 1 year 48.7% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21 + 7.7 + 10.3 + 17.2 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [EID Parry (India) Ltd](https://www.sectoralpha.in/stocks/eid-parry-indialtd) EIDPARRY · quiet · Evidence leans up · 63% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 15.7% · Profit -38.9% · Operating margin change -1 points · 83% evidence Capital efficiency 17.9/25 · ROCE 17% · Operating margin 8% · 76% evidence Valuation 11.9/20 · P/E 13.2× · PEG n/a · 50% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.7% · 1 year -44% · 25% evidence · 2 of 12 weeks ahead Exact sum: 16.8 + 17.9 + 11.9 + 7.9 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [M.V.K. Agro Food Product Ltd](https://www.sectoralpha.in/stocks/mvk-agro-food-product-ltd) MVKAGRO · basing · Evidence leans up · 64% evidence 54.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 127.3% · Profit 267.2% · Operating margin change -7.5 points · 88% evidence Capital efficiency 16.8/25 · ROCE 14.4% · Operating margin 10.8% · 100% evidence Valuation 9.6/20 · P/E 23.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -48.8% · 1 year -56.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.5 + 16.8 + 9.6 + 7.5 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Ugar Sugar Works Ltd](https://www.sectoralpha.in/stocks/ugar-sugar-works-ltd) UGARSUGAR · breaking out · Evidence leans up · 76% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue -0.7% · Profit 100% · Operating margin change -0.7 points · 74% evidence Capital efficiency 11.0/25 · ROCE 9% · Operating margin -2.9% · 100% evidence Valuation 12.6/20 · P/E 16.7× · PEG 0.77 · 100% evidence Relative strength 10.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.2% · 1 year n/a · 25% evidence · 6 of 6 weeks ahead Exact sum: 19 + 11 + 12.6 + 10 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [DCM Shriram Industries Ltd](https://www.sectoralpha.in/stocks/dcm-shriram-industries-ltd) DCMSRIND · Evidence leans up · 76% evidence 51.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/43.75 · Revenue -3.7% · Profit -50% · Operating margin change -7.8 points · 88% evidence Capital efficiency 19.8/31.25 · ROCE 13.7% · Operating margin 0.9% · 100% evidence Valuation 15.7/25 · P/E 8.2× · PEG 0.5 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 16.4 + 19.8 + 15.7 = 51.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. [Balrampur Chini Mills Ltd](https://www.sectoralpha.in/stocks/balrampur-chini-mills-ltd) BALRAMCHIN · leader · Evidence leans up · 96% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 15% · Profit -11.2% · Operating margin change -2 points · 88% evidence Capital efficiency 13.3/25 · ROCE 9.3% · Operating margin 7% · 100% evidence Valuation 9.6/20 · P/E 33.6× · PEG 0.46 · 100% evidence Relative strength 12.8/20 · Lead over its industry 13% · Lead over NIFTY 500 15.4% · 1 year 28.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.5 + 13.3 + 9.6 + 12.8 = 51.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Triveni Engineering and Industries Ltd](https://www.sectoralpha.in/stocks/triveni-engineering-and-industries-ltd) TRIVENI · turning · Evidence leans up · 78% evidence 50.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 4% · Profit 29.1% · Operating margin change 1 points · 83% evidence Capital efficiency 12.2/25 · ROCE 9% · Operating margin 3.4% · 76% evidence Valuation 9.5/20 · P/E 19× · PEG n/a · 50% evidence Relative strength 8.3/20 · Lead over its industry -2.7% · Lead over NIFTY 500 0.1% · 1 year 4.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 20.7 + 12.2 + 9.5 + 8.3 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Dalmia Bharat Sugar & Industries Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-sugar-industries-ltd) DALMIASUG · leader · Evidence leans down · 96% evidence 49.6 out of 100 Growth Capital Valuation Relative
12. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) AVADHSUGAR · leader · Evidence leans down · 88% evidence 49.2 out of 100 Growth Capital Valuation Relative
13. [Uttam Sugar Mills Ltd](https://www.sectoralpha.in/stocks/uttam-sugar-mills-ltd) UTTAMSUGAR · breaking out · Evidence leans down · 68% evidence 47.2 out of 100 Growth Capital Valuation Relative
14. [Dwarikesh Sugar Industries Ltd](https://www.sectoralpha.in/stocks/dwarikesh-sugar-industries-ltd) DWARKESH · breaking out · Evidence leans down · 84% evidence 45.2 out of 100 Growth Capital Valuation Relative
15. [Magadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/magadh-sugar-energy-ltd) MAGADSUGAR · breaking out · Evidence leans down · 88% evidence 38.8 out of 100 Growth Capital Valuation Relative
16. [Davangere Sugar Company Ltd](https://www.sectoralpha.in/stocks/davangere-sugar-company-ltd) DAVANGERE · Too little evidence to rank firmly · 59% evidence 38.5 out of 100 Growth Capital Valuation Relative
17. [Bajaj Hindusthan Sugar Ltd](https://www.sectoralpha.in/stocks/bajaj-hindusthan-sugar-ltd) BAJAJHIND · breaking out · Most evidence points down · 63% evidence 34.1 out of 100 Growth Capital Valuation Relative
18. [Shree Renuka Sugars Ltd](https://www.sectoralpha.in/stocks/shree-renuka-sugars-ltd) RENUKA · quiet · Most evidence points down · 71% evidence 33.4 out of 100 Growth Capital Valuation Relative
19. Bannari Amman Sugars Ltd this page BANARISUG · quiet · Most evidence points down · 96% evidence 29.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.6/35 · Revenue -7.6% · Profit 8% · Operating margin change -12 points · 88% evidence Capital efficiency 12.8/25 · ROCE 8.8% · Operating margin -3% · 100% evidence Valuation 4.0/20 · P/E 31.9× · PEG 2.97 · 100% evidence Relative strength 3.3/20 · Lead over its industry -11.5% · Lead over NIFTY 500 -8.7% · 1 year -13.9% · 100% evidence · 3 of 12 weeks ahead Exact sum: 9.6 + 12.8 + 4 + 3.3 = 29.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 20. [Godavari Biorefineries Ltd](https://www.sectoralpha.in/stocks/godavari-biorefineries-ltd) GODAVARIB · quiet · Most evidence points down · 71% evidence 28.6 out of 100 Growth Capital Valuation Relative
21. [Zuari Industries Ltd](https://www.sectoralpha.in/stocks/zuari-industries-ltd) ZUARIIND · quiet · Too little evidence to rank firmly · 49% evidence 43.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Sugar](https://www.sectoralpha.in/sectors/sugar), all 21 compared on one page. ## Which companies are close to Bannari Amman Sugars in size? Bannari Amman Sugars is the 6th largest of 21 Sugar companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: EID Parry (India), Triveni Engineering and Industries and Bajaj Hindusthan Sugar. Just below it: Shree Renuka Sugars, Dalmia Bharat Sugar & Industries and Avadh Sugar & Energy. ### Sugar companies close in size

1. [EID Parry (India) Ltd](https://www.sectoralpha.in/stocks/eid-parry-indialtd) ₹10,685 crore
2. [Triveni Engineering and Industries Ltd](https://www.sectoralpha.in/stocks/triveni-engineering-and-industries-ltd) ₹4,965 crore
3. [Bajaj Hindusthan Sugar Ltd](https://www.sectoralpha.in/stocks/bajaj-hindusthan-sugar-ltd) ₹4,122 crore
4. Bannari Amman Sugars Ltd ₹3,888 crore
5. [Shree Renuka Sugars Ltd](https://www.sectoralpha.in/stocks/shree-renuka-sugars-ltd) ₹3,693 crore
6. [Dalmia Bharat Sugar & Industries Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-sugar-industries-ltd) ₹3,201 crore
7. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) ₹1,609 crore

[All 21 Sugar companies, largest first](https://www.sectoralpha.in/sectors/sugar#all-companies)

### Companies close in size in other industries

1. [Intelligent Supply Chain Infrastructure Trust](https://www.sectoralpha.in/stocks/intelligent-supply-chain-infrastructure-trust) ₹3,901 crore
2. [WPIL Ltd](https://www.sectoralpha.in/stocks/wpil-ltd) ₹3,892 crore · Pumps
3. Bannari Amman Sugars Ltd ₹3,888 crore
4. [Yasho Industries Ltd](https://www.sectoralpha.in/stocks/yasho-industries-ltd) ₹3,888 crore · Speciality Chemicals
5. [Sar Auto Products Ltd](https://www.sectoralpha.in/stocks/sar-auto-products-ltd) ₹3,883 crore · Auto Ancillaries - Gears

## What else do people ask about Bannari Amman Sugars? ### What is Bannari Amman Sugars's share price today? Bannari Amman Sugars Ltd's share price is ₹3,435.80, −4.6% over the past year. The whole company is worth ₹4,309 Cr on the market. In the last 52 weeks it traded between ₹3,100 to ₹4,020; today it is 36% of the way up from the low, 2.6% below its 200-day average (as of 3 November 2026). ### What were Bannari Amman Sugars's latest quarterly results? Bannari Amman Sugars Ltd reported revenue of ₹172 Cr and a net loss of ₹11.0 Cr for the Jun 2026 quarter. Revenue fell 58.9% and profit fell 173.3% compared with a year earlier. Earnings per share were −₹8.71 (as of 3 November 2026). ### What is Bannari Amman Sugars's market cap? Bannari Amman Sugars Ltd's market capitalisation is ₹4,309 Cr at a share price of ₹3,435.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Bannari Amman Sugars performing? Bannari Amman Sugars Ltd's share price has been falling for 3 weeks. In its latest quarter, revenue fell 58.9% and profit fell 173.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Bannari Amman Sugars's share price go up? This page does not forecast Bannari Amman Sugars Ltd's share price. What it shows instead: the share price is ₹3,435.80, and it has been falling for 3 weeks. Its P/E of 35.4× is higher than 80% of its own last 11 years (as of 3 November 2026). ### Does Bannari Amman Sugars have too much debt? No, Bannari Amman Sugars Ltd has little debt: its debt is 0.00× its equity, and its operating profit is 99 times its interest bill. FY26 borrowings were ₹9.0 Cr against equity of ₹1,914 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Bannari Amman Sugars in its business cycle? Bannari Amman Sugars Ltd's FY26 operating margin was 10.0%, against a 13-year range of 10.0% to 23.0%: the low end of its own range, which is often where recoveries start. The latest quarter was −3.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Bannari Amman Sugars story? The main question: yearly earnings per share moved +41.3% while the share price moved −4.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Bannari Amman Sugars a stock worth studying right now? What the numbers show: Bannari Amman Sugars Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.