Bannari Amman Sugars Ltd

Bannari Amman Sugars Ltd

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About

Bannari Amman Sugars Limited is one of the leading sugar manufacturers in India. It has three sugar factories with cogeneration plants in Tamilnadu and two sugar factories with co-generation plants in Karnataka. It has two distillery units one in Tamilnadu and another in Karnataka. It has a Granite Processing unit in Tamilnadu. The company also has windmills which are located in the southern part of Tamilnadu. [1]

Key Points

FY22 Business Segments
Sugar (84% of revenue)- [1]
It has an installed capacity of 23700 Tons per day (TCD) for cane crushing across all 5 units. 3 facilities are located in Tamilnadu and 2 in Karnataka. It established its first sugar factory in the year 1986 with a crushing capacity of 1250 TCPD.[2][3] In the sugar business it sells sugar (77% revenue) and other by-products like Molasses, Bagasse, Bioproducts, fertilizer & pesticides. (together generates 7% of total revenue). [4]

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Pros

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Peer comparison

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Quarterly Results

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Profit & Loss

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Balance Sheet

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Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.70% 58.70% 58.70% 58.70% 58.70% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69%
0.15% 0.17% 0.21% 0.23% 0.26% 0.27% 0.26% 0.26% 0.26% 0.26% 0.26% 0.25%
0.09% 0.10% 0.09% 0.06% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00%
41.06% 41.04% 41.00% 41.01% 41.04% 41.04% 41.05% 41.04% 41.04% 41.03% 41.04% 41.04%
No. of Shareholders 6,9756,8627,6478,6438,6188,2908,1777,8957,8618,4628,7668,694

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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