Bannari Amman Sugars Limited (BANARISUG) - Net Assets
Based on the latest financial reports, Bannari Amman Sugars Limited (BANARISUG) has net assets worth Rs18.22 Billion INR (≈ $197.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.80 Billion ≈ $235.79 Million USD) and total liabilities (Rs3.59 Billion ≈ $38.79 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Bannari Amman Sugars Limited (BANARISUG) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs18.22 Billion |
| % of Total Assets | 83.55% |
| Annual Growth Rate | 11.27% |
| 5-Year Change | 31.18% |
| 10-Year Change | 90.89% |
| Growth Volatility | 12.9 |
Bannari Amman Sugars Limited - Net Assets Trend (2005–2025)
This chart illustrates how Bannari Amman Sugars Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Bannari Amman Sugars Limited for the complete picture of this company's asset base.
Annual Net Assets for Bannari Amman Sugars Limited (2005–2025)
The table below shows the annual net assets of Bannari Amman Sugars Limited from 2005 to 2025. For live valuation and market cap data, see BANARISUG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs17.79 Billion ≈ $192.38 Million |
+5.36% |
| 2024-03-31 | Rs16.88 Billion ≈ $182.59 Million |
+8.80% |
| 2023-03-31 | Rs15.52 Billion ≈ $167.83 Million |
+9.03% |
| 2022-03-31 | Rs14.23 Billion ≈ $153.94 Million |
+4.96% |
| 2021-03-31 | Rs13.56 Billion ≈ $146.66 Million |
+6.37% |
| 2020-03-31 | Rs12.75 Billion ≈ $137.88 Million |
+6.61% |
| 2019-03-31 | Rs11.96 Billion ≈ $129.33 Million |
+5.31% |
| 2018-03-31 | Rs11.36 Billion ≈ $122.81 Million |
+6.42% |
| 2017-03-31 | Rs10.67 Billion ≈ $115.40 Million |
+14.51% |
| 2016-03-31 | Rs9.32 Billion ≈ $100.78 Million |
-2.10% |
| 2015-03-31 | Rs9.52 Billion ≈ $102.94 Million |
-0.22% |
| 2014-03-31 | Rs9.54 Billion ≈ $103.17 Million |
+1.27% |
| 2013-03-31 | Rs9.42 Billion ≈ $101.87 Million |
+15.58% |
| 2012-03-31 | Rs8.15 Billion ≈ $88.14 Million |
+3.35% |
| 2011-03-31 | Rs7.89 Billion ≈ $85.28 Million |
+15.22% |
| 2010-03-31 | Rs6.84 Billion ≈ $74.02 Million |
+23.51% |
| 2009-03-31 | Rs5.54 Billion ≈ $59.93 Million |
+18.37% |
| 2008-03-31 | Rs4.68 Billion ≈ $50.63 Million |
+7.47% |
| 2007-03-31 | Rs4.36 Billion ≈ $47.11 Million |
+54.96% |
| 2006-03-31 | Rs2.81 Billion ≈ $30.40 Million |
+33.72% |
| 2005-03-31 | Rs2.10 Billion ≈ $22.74 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bannari Amman Sugars Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 83907600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs839.08 Million | 4.72% |
| Common Stock | Rs125.40 Million | 0.70% |
| Other Components | Rs16.82 Billion | 94.58% |
| Total Equity | Rs17.79 Billion | 100.00% |
Bannari Amman Sugars Limited Competitors by Market Cap
The table below lists competitors of Bannari Amman Sugars Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Larvotto Resources Ltd
AU:LRV
|
$489.49 Million |
|
Summit Hotel Properties Inc
NYSE:INN
|
$489.64 Million |
|
Shanghai Huide Science & Technology Co Ltd
SHG:603192
|
$489.75 Million |
|
Global PMX Co Ltd
TW:4551
|
$490.07 Million |
|
Future Generation Global Ltd
AU:FGG
|
$489.42 Million |
|
Irish Residential Properties
IR:IRES
|
$489.30 Million |
|
First Foundation Inc.
NYSE:FFWM
|
$489.27 Million |
|
Vastned Retail Belgium
BR:VASTB
|
$489.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bannari Amman Sugars Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,884,017,000 to 17,788,863,000, a change of 904,846,000 (5.4%).
- Net income of 1,046,681,000 contributed positively to equity growth.
- Dividend payments of 156,746,000 reduced retained earnings.
- Other comprehensive income decreased equity by 234,663,000.
- Other factors increased equity by 249,574,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.05 Billion | +5.88% |
| Dividends Paid | Rs156.75 Million | -0.88% |
| Other Comprehensive Income | Rs-234.66 Million | -1.32% |
| Other Changes | Rs249.57 Million | +1.4% |
| Total Change | Rs- | 5.36% |
Book Value vs Market Value Analysis
This analysis compares Bannari Amman Sugars Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.38x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs220.39 | Rs3609.00 | x |
| 2006-03-31 | Rs294.69 | Rs3609.00 | x |
| 2007-03-31 | Rs434.99 | Rs3609.00 | x |
| 2008-03-31 | Rs409.23 | Rs3609.00 | x |
| 2009-03-31 | Rs484.40 | Rs3609.00 | x |
| 2010-03-31 | Rs598.31 | Rs3609.00 | x |
| 2011-03-31 | Rs633.03 | Rs3609.00 | x |
| 2012-03-31 | Rs712.43 | Rs3609.00 | x |
| 2013-03-31 | Rs823.44 | Rs3609.00 | x |
| 2014-03-31 | Rs833.94 | Rs3609.00 | x |
| 2015-03-31 | Rs832.09 | Rs3609.00 | x |
| 2016-03-31 | Rs814.60 | Rs3609.00 | x |
| 2017-03-31 | Rs920.66 | Rs3609.00 | x |
| 2018-03-31 | Rs905.58 | Rs3609.00 | x |
| 2019-03-31 | Rs953.68 | Rs3609.00 | x |
| 2020-03-31 | Rs1016.72 | Rs3609.00 | x |
| 2021-03-31 | Rs1081.43 | Rs3609.00 | x |
| 2022-03-31 | Rs1135.11 | Rs3609.00 | x |
| 2023-03-31 | Rs1237.58 | Rs3609.00 | x |
| 2024-03-31 | Rs1346.45 | Rs3609.00 | x |
| 2025-03-31 | Rs1418.87 | Rs3609.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bannari Amman Sugars Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.84%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.25x
- Recent ROE (5.88%) is below the historical average (11.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 20.74% | 8.92% | 0.74x | 3.16x | Rs225.82 Million |
| 2006 | 27.38% | 12.25% | 0.95x | 2.34x | Rs488.62 Million |
| 2007 | 20.73% | 11.35% | 0.96x | 1.89x | Rs467.25 Million |
| 2008 | 9.04% | 6.99% | 0.57x | 2.27x | Rs-44.73 Million |
| 2009 | 21.62% | 17.78% | 0.65x | 1.88x | Rs644.13 Million |
| 2010 | 20.99% | 16.83% | 0.70x | 1.79x | Rs751.88 Million |
| 2011 | 7.33% | 4.91% | 0.69x | 2.17x | Rs-193.56 Million |
| 2012 | 12.97% | 8.94% | 0.76x | 1.92x | Rs241.71 Million |
| 2013 | 15.13% | 10.65% | 0.78x | 1.82x | Rs482.88 Million |
| 2014 | 3.01% | 4.41% | 0.29x | 2.39x | Rs-667.13 Million |
| 2015 | 0.11% | 0.11% | 0.39x | 2.53x | Rs-941.59 Million |
| 2016 | 3.40% | 2.18% | 0.52x | 3.03x | Rs-614.66 Million |
| 2017 | 13.60% | 8.29% | 0.73x | 2.25x | Rs384.58 Million |
| 2018 | 7.69% | 5.89% | 0.77x | 1.68x | Rs-262.83 Million |
| 2019 | 6.35% | 6.78% | 0.51x | 1.84x | Rs-436.50 Million |
| 2020 | 7.50% | 5.94% | 0.66x | 1.91x | Rs-318.58 Million |
| 2021 | 6.79% | 6.12% | 0.63x | 1.76x | Rs-434.68 Million |
| 2022 | 5.62% | 4.07% | 0.77x | 1.80x | Rs-623.56 Million |
| 2023 | 9.24% | 5.69% | 1.07x | 1.52x | Rs-117.98 Million |
| 2024 | 9.02% | 6.86% | 0.91x | 1.44x | Rs-165.38 Million |
| 2025 | 5.88% | 5.84% | 0.81x | 1.25x | Rs-732.21 Million |
Industry Comparison
This section compares Bannari Amman Sugars Limited's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $5,907,083,112
- Average return on equity (ROE) among peers: 9.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bannari Amman Sugars Limited (BANARISUG) | Rs18.22 Billion | 20.74% | 0.20x | $489.42 Million |
| Avadh Sugar & Energy Limited (AVADHSUGAR) | $11.01 Billion | 7.99% | 1.62x | $110.26 Million |
| Dalmia Bharat Sugar and Industries Limited (DALMIASUG) | $4.60 Billion | 0.32% | 2.99x | $337.22 Million |
| DCM Shriram Industries Limited (DCMSRIND) | $6.17 Billion | 10.50% | 1.72x | $43.81 Million |
| Dhampur Sugar Mills Limited (DHAMPURSUG) | $11.01 Billion | 12.20% | 1.14x | $105.19 Million |
| Dharani Sugars&Chemicals Limited (DHARSUGAR) | $434.63 Million | -18.10% | 4.03x | $3.07 Million |
| Dwarikesh Sugar Industries Limited (DWARKESH) | $6.73 Billion | 23.05% | 1.11x | $94.17 Million |
| KCP Sugar and Industries Corporation Limited (KCPSUGIND) | $2.29 Billion | 17.85% | 0.95x | $33.08 Million |
| Kothari Sugars And Chemicals Limited (KOTARISUG) | $2.58 Billion | 16.28% | 0.68x | $24.52 Million |
| Magadh Sugar & Energy Limited (MAGADSUGAR) | $8.34 Billion | 13.12% | 1.03x | $78.06 Million |
About Bannari Amman Sugars Limited
Bannari Amman Sugars Limited engages in the manufacture and sale of sugar in India. The company operates through 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, including capsules, fertilizers, fungicides, insecticides, nematicides, … Read more