The Andhra Sugars Limited

The Andhra Sugars Limited

ANDHRSUGAR.BO
The Andhra Sugars LimitedIN flagBombay Stock Exchange
87.16
INR
-1.04
- -
11.80BMarket Cap
The Andhra Sugars Limited
ANDHRSUGAR.BO
(Bombay Stock Exchange)

Recent

price

87.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
66.05
84.35
90.92
81.08
81.87
91.76
93.2
95.67
101.2
107.81
110.87
143.52
173.86
139.52
149.05
- -
182.3
Revenue per Share
4.27
8.06
6.17
3.81
-0.36
3.55
8.96
8.6
14.05
14.98
9.96
17.87
13.72
5.54
1.91
- -
6.15
Basic EPS, GAAP
-7.87
2.04
8.21
3.92
-1.15
7.12
6.38
6.71
3.57
9.57
11.98
6.15
5.09
0.51
2.37
- -
- -
Free Cash Flow per Basic Share
1.15
1.37
1.75
1.55
1.02
1.98
- -
2.24
2.16
6.08
0.2
2.08
4.06
2.07
1.04
- -
- -
Dividend per Share
2
12.01
12.66
14.56
12.64
14.41
21.3
26.63
27.21
27.52
30.1
37.94
39.96
35.8
28.91
- -
2
Book Value per Share
40.46
46.8
51.66
54.28
66.13
63.09
74.4
78.5
89.16
91.22
102.4
118.99
120.77
123.94
124.53
- -
130.87
Tangible Book Value per Share
136
136
136
136
135
136
136
136
136
136
136
136
136
136
136
- -
135
Basic Weighted Avg Shares
8,952
11,432
12,322
10,991
11,075
12,437
12,632
12,967
13,716
14,613
15,027
19,452
23,564
18,909
20,197
24,660
24,660
Sales/Revenue/Turnover
8.96
14.46
13.59
9.15
3.33
8.8
14.27
12.51
18.7
15.02
10.98
11.2
10.29
2.44
1.24
5.07
5.07
Operating Margin (%)
450
483
513
536
424
560
513
552
554
624
612
640
671
757
807
832
831
Depreciation Expense
578
1,092
836
516
-49
481
1,214
1,165
1,905
2,031
1,350
2,422
1,860
751
259
832
832
Net Income, GAAP
- -
32.29
37.15
28.79
39.81
36.17
24.79
32.43
33.97
9.02
20.09
24.43
25.3
20.76
29.28
27.91
27.91
Effective Tax Rate (%)
6.46
9.56
6.78
4.7
-0.44
3.87
9.61
8.99
13.89
13.9
8.98
12.45
7.89
3.97
1.28
3.37
3.37
Profit Margin (%)
1,412
2,213
2,938
3,440
3,202
3,370
3,985
3,736
5,510
5,997
6,087
6,886
6,702
6,296
6,516
7,738
7,738
Working Capital
1,354
1,359
1,361
1,576
1,485
1,528
2,321
1,451
1,747
1,358
495
86
37
7
- -
- -
- -
LT Debt
5,484
6,349
7,006
7,362
8,949
8,554
10,087
10,653
12,095
12,371
13,883
16,128
16,369
16,805
16,881
17,708
17,708
Total Equity
- -
13.87
11.29
7.5
2.01
5.93
10.88
8.16
11.98
13.28
8.66
10.25
10.89
2.17
1.04
5.19
5.13
Return on Invested Capital (%)
- -
32.42
15.61
12.4
0.53
10.24
21.66
19.21
28.94
30.15
21.72
37.57
27.71
11.75
4.78
25.83
62.62
Return on Capital (%)
213.29
115.05
50
27.98
-2.64
26.28
50.17
35.88
52.21
54.76
34.57
52.53
35.22
14.63
5.9
39.73
306.98
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
74
- -
6
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
136
- -
136
Market Capitalization
10,062
10,270
9,664

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
9,116
- -
9,778
Cash, Cash Equivalents & STI
2,749
- -
4,234
Accounts Receivable, Net
2,564
- -
2,277
Inventories
3,361
- -
2,987
Total Current Liabilities
1,956
- -
2,040
Payables & Accruals
- -
- -
- -
ST Debt
74
- -
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.72%
5.13%
4.9%
Free Cash Flow
94.26%
160.24%
594.96%
Net Income, GAAP
33.75%
30.53%
221.55%
Sales/Revenue/Turnover
7.91%
11.95%
22.1%
Total Cash Common Dividend
- -
186.6%
-21.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,919
5,179
4,510
4,301
18,909
2025
4,800
5,284
5,109
5,003
20,197
2026
5,998
5,975
6,313
6,374
24,660

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.55
1.38
0.74
- -
5.54
2025
1.09
0.33
0.06
0.43
1.91
2026
1.73
2.41
1.65
0.35
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.07
2025
- -
- -
- -
- -
1.04
2026
- -
- -
- -
- -
- -
Business
The Andhra Sugars Limited manufactures sugar, chlor-alkali products, industrial alcohol, aspirin, sulphuric acid, liquid and solid propellants, fertilizers, organic and inorganic chemicals, and generates captive and wind power. The company produces caustic soda (112,000 MT annual capacity), caustic potash flakes, liquid chlorine, sodium hypochlorite, poly aluminium chloride, ethanol, bulk drugs including aspirin (first Indian firm with indigenous technology), aluminium chloride, and leverages by-products like molasses and bagasse for alcohol and co-generation; operations span six integrated complexes at Tanuku, Kovvur, Guntur, Taduvai, Saggonda, and Bhimadole in Andhra Pradesh, plus wind farms in Andhra Pradesh and Tamil Nadu. Founded in 1947 and headquartered in West Godavari district, Andhra Pradesh, India (ticker: ANDHRSUGAR.BO), it serves industries including pharmaceuticals (APIs, custom synthesis, contract manufacturing, regulatory services), water treatment, paper, textiles, and insecticides, with subsidiaries like JOCIL Ltd (vegetable oils), The Andhra Farm Chemicals Corporation Limited, The Andhra Petrochemicals Limited (oxo-alcohols), and Sree Akkamamba Textiles Limited (yarns). Recent developments include the March 2024 commissioning of a 500 TPD sulphuric acid plant at Saggonda by DMCC Speciality Chemicals (guarantee test run in May 2024), a 33 MW coal-based captive thermal power plant at Saggonda operational since 2017, suspension of sugar operations in FY2025 due to cane shortages (Tanuku plant shut down, Taduvai and Bhimadole halted for FY2026), debt reduction to near debt-free status, board changes with appointment of independent director Sri Kanuri Rama Seshayya and cessation of Dr. V.N. Rao in September 2025, and consistent dividend payments since 1954-55.