Bannari Amman Sugars Limited is a Public company incorporated on 01 December 1983, and is based in Coimbatore, India. The company is part of the Bannari Amman Group, one of the largest conglomerates in South India. Bannari Amman Sugars is engaged in the manufacture of sugar, generation of power through co-generation, production of industrial alcohol, and granite products.
The company operates through its Sugar, Power, Distillery, and Granite Products segments. It manufactures and sells cane crush; industrial alcohol and extra neutral spirits; polished granite products; and bio and agri natural fertilizer products. The company also generates power through co-generation power plants and windmills. In addition, it is involved in the provision of education services and exports its products.
Bannari Amman Sugars Ltd. is one of India's largest integrated sugar companies, producing sugar, alcohol, power, and bio-compost. It operates multiple sugar mills in South India and focuses on sustainable practices and renewable energy generation. The company has strategically located manufacturing facilities across South India to optimize its operations and market reach.
The First Sugar Unit, near Sathyamangalam in Erode District, Tamil Nadu, began its commercial production in 1986 with an initial capacity of 1250 Tonnes of Cane Crush per Day. Its present capacity is 4000 TCD and has an imported facility to produce 300 MT of Refined Sugar per day with ICUMSA less than 20 IU. It is an ISO 9001:2008 certified Unit.
The Second Sugar Unit, near Nanjangud in Mysore District of Karnataka, started commercial production in 1992 with an initial cane crushing capacity of 2500 TCD, and its present capacity is 7500 TCD. A Sugar Refinery Plant with a capacity of 500 MT per day has been installed. The cane crushing capacity of 2500 TCD of the third Sugar Unit in Kunthur Village, near Kollegal in Karnataka, has been enhanced to 3600 TCD, with a Co-Generation Plant of 20 MW of Power Generating Capacity.
Sugar Unit V comprises a 3600 TCD Sugar plant and a 25 MW Co-generation Plant at Vengur Village, Tirukoilur Taluk, Villuppuram District. The new 25 MW Co-generation power plant has been synchronized with the Tamil Nadu Electricity Board Grid.
The company produces a variety of sugar products, such as white crystal sugar, brown sugar, and powdered sugar, as well as jaggery and molasses. BASL's popular brands include Bannari Amman Sugar, Bannari Amman Jaggery, Bannari Amman Molasses, and Bannari Amman Power. Bannari's ONE-UP Refined Sugar in 1 Kg. Consumer packs is available in the market.
BASL has a strong presence in the Indian market and is one of the leading sugar manufacturers in the country. The company has also expanded its operations to other countries, including the United States, Canada, Australia, and the United Kingdom. It sells its products to traders, institutions, and retail customers through distributors and direct sales channels.
- Revenue: ₹493.87 Cr as on March 2025 (Q4 FY25)
- Net Profit: ₹35.16 Cr as on March 2025 (Q4 FY25)
- Net profit jumped 61.06% since last year same period to ₹35.16 Cr in Q4 FY2024-2025.
- Net profit declined 57.68% to ₹28.81 crore in the quarter ended December 2024 as against ₹68.07 crore during the previous quarter ended December 2023. Sales declined 45.14% to ₹421.43 crore in the quarter ended December 2024 as against ₹768.17 crore during the previous quarter ended December 2023.
- Net profit declined 29.79% to ₹34.27 crore in the quarter ended September 2024 as against ₹48.81 crore during the previous quarter ended September 2023.
- Bannari Amman Sugars has an operating revenue of ₹1,792.97 Cr on a trailing 12-month basis.
- An annual revenue de-growth of -18% needs improvement. Pre-tax margin of 9% is okay. ROE of 5% is fair but needs improvement.
- The company is debt-free and has a strong balance sheet, enabling it to report stable earnings growth across business cycles.
The market cap of Bannari Amman Sugars Ltd (BANARISUG) is ₹4652.10 Cr as of 11th April 2025. The P/E (price-to-earnings) ratio of Bannari Amman Sugars Ltd (BANARISUG) is 30.55. The current dividend yield of Bannari Amman Sugars Ltd (BANARISUG) is 0.34.
The 52-week high of Bannari Amman Sugars Ltd (BANARISUG) is ₹3993 and the 52-week low is ₹2189.20. The company has 2,061 total employees according to recent data and generates $207.72 million in sales (USD).
- Chairperson Name: S V Balasubramaniam
- The company's authorized share capital is ₹650,000,000 and its paid-up capital is ₹125,397,000.
- The registered address of Bannari Amman Sugars is 1212, Trichy Road, Coimbatore, Tamil Nadu, India - 641018.
- Listing Date: 24 May, 1995
- The company has received credit ratings from CARE, which reaffirmed the rating on the company's debt facilities at CARE AA-; Stable / CARE A1+.
Over the last 5 years, revenue has grown at a yearly rate of 14.48%, vs. the industry average of 9.09%. Market share increased from 1.99% to 2.49% over the last 5 years. Bannari Amman Sugars Limited is engaged in five divisions, which include sugar, co-generation of power, distillery, granite, and windmill.
The company continues to focus on sustainable practices and diversification across multiple business segments, positioning itself as a comprehensive player in the sugar and allied industries sector. With its strong operational capabilities, debt-free balance sheet, and strategic market positioning, Bannari Amman Sugars remains a significant player in India's sugar industry landscape.
