Bannari Amman Sugars Limited (BANARISUG) - Net Assets

Latest as of March 2026: Rs19.13 Billion INR ≈ $206.93 Million USD

Based on the latest financial reports, Bannari Amman Sugars Limited (BANARISUG) has net assets worth Rs19.13 Billion INR (≈ $206.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs21.57 Billion ≈ $233.29 Million USD) and total liabilities (Rs2.44 Billion ≈ $26.36 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. Also explore total assets of Bannari Amman Sugars Limited for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs19.13 Billion
% of Total Assets	88.7%
Annual Growth Rate	11.09%
5-Year Change	34.42%
10-Year Change	79.31%
Growth Volatility	12.62

Bannari Amman Sugars Limited - Net Assets Trend (2005–2026)

This chart illustrates how Bannari Amman Sugars Limited's net assets have evolved over time, based on quarterly financial data. Check Bannari Amman Sugars Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Bannari Amman Sugars Limited (2005–2026)

The table below shows the annual net assets of Bannari Amman Sugars Limited from 2005 to 2026. For live valuation and market cap data, see Bannari Amman Sugars Limited stock valuation.

Year	Net Assets	Change
2026-03-31	Rs19.13 Billion ≈ $206.93 Million	+7.56%
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Other Components	Rs19.13 Billion	100.00%
Total Equity	Rs19.13 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
Shinsung Delta Tech Co.Ltd KQ:065350	$471.61 Million
Jiangsu Xiuqiang Glasswork Co SHE:300160	$471.65 Million
MH Robot & Automation Co. Ltd. SHE:301199	$471.76 Million
Zhejiang Meishuo Electric Technology Co. Ltd. A SHE:301295	$472.01 Million
Sygnity SA WAR:SGN	$471.19 Million
ChoiceOne Financial Services Inc NASDAQ:COFS	$470.95 Million
DRB - Hicom Bhd KLSE:1619	$470.81 Million
BTQ Technologies Corp. NEO:BTQ	$470.76 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 2025 to 2026, total equity changed from 17,788,863,000 to 19,133,953,000, a change of 1,345,090,000 (7.6%).
Net income of 1,479,164,000 contributed positively to equity growth.
Dividend payments of 156,746,000 reduced retained earnings.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs1.48 Billion	+7.73%
Dividends Paid	Rs156.75 Million	-0.82%
Other Changes	Rs22.67 Million	+0.12%
Total Change	Rs-	7.56%

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: 2.28x
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 15.78x to 2.28x 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	Rs3477.60	x
2006-03-31	Rs294.69	Rs3477.60	x
2007-03-31	Rs434.99	Rs3477.60	x
2008-03-31	Rs409.23	Rs3477.60	x
2009-03-31	Rs484.40	Rs3477.60	x
2010-03-31	Rs598.31	Rs3477.60	x
2011-03-31	Rs633.03	Rs3477.60	x
2012-03-31	Rs712.43	Rs3477.60	x
2013-03-31	Rs823.44	Rs3477.60	x
2014-03-31	Rs833.94	Rs3477.60	x
2015-03-31	Rs832.09	Rs3477.60	x
2016-03-31	Rs814.60	Rs3477.60	x
2017-03-31	Rs920.66	Rs3477.60	x
2018-03-31	Rs905.58	Rs3477.60	x
2019-03-31	Rs953.68	Rs3477.60	x
2020-03-31	Rs1016.72	Rs3477.60	x
2021-03-31	Rs1081.43	Rs3477.60	x
2022-03-31	Rs1135.11	Rs3477.60	x
2023-03-31	Rs1237.58	Rs3477.60	x
2024-03-31	Rs1346.45	Rs3477.60	x
2025-03-31	Rs1418.87	Rs3477.60	x
2026-03-31	Rs1525.83	Rs3477.60	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): 7.73%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.72%
• Asset Turnover: 0.89x
• Equity Multiplier: 1.13x
Recent ROE (7.73%) is below the historical average (10.99%), 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
2026	7.73%	7.72%	0.89x	1.13x	Rs-434.23 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: $2,928,422,264
Average return on equity (ROE) among peers: 23.86%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bannari Amman Sugars Limited (BANARISUG)	Rs19.13 Billion	20.74%	0.13x	$471.60 Million
Avadh Sugar & Energy Limited (AVADHSUGAR)	$3.93 Billion	51.77%	4.66x	$115.04 Million
Dalmia Bharat Sugar and Industries Limited (DALMIASUG)	$6.95 Billion	26.22%	2.33x	$317.39 Million
DCM Shriram Industries Limited (DCMSRIND)	$3.66 Billion	33.35%	2.09x	$39.05 Million
Dhampur Sugar Mills Limited (DHAMPURSUG)	$1.01 Billion	87.09%	6.86x	$101.13 Million
Dharani Sugars&Chemicals Limited (DHARSUGAR)	$504.38 Million	19.94%	9.10x	$3.07 Million
Dwarikesh Sugar Industries Limited (DWARKESH)	$1.39 Billion	-17.78%	4.86x	$86.93 Million
KCP Sugar and Industries Corporation Limited (KCPSUGIND)	$2.89 Billion	-2.16%	1.34x	$26.62 Million
Kothari Sugars And Chemicals Limited (KOTARISUG)	$2.58 Billion	16.28%	0.68x	$22.71 Million
Magadh Sugar & Energy Limited (MAGADSUGAR)	$3.44 Billion	0.00%	2.16x	$75.28 Million

About Bannari Amman Sugars Limited

NSE:BANARISUG India Confectioners

Market Cap

$471.60 Million

Rs43.61 Billion INR

Market Cap Rank

#12286 Global

#620 in India

Share Price

Rs3477.60

Change (1 day)

+0.25%

52-Week Range

Rs3269.70 - Rs3801.20

All Time High

Rs4321.70