BAJAJHIND · Bajaj Hindusthan Sugar Ltd · Food Processing
BAJAJHIND · Bajaj Hindusthan Sugar Ltd · Food Processing
As of 05 Nov close
52-week range
27.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,126 Cr
Revenue YoY
PAT YoY
-6.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.2
P/S (TTM)
0.9
Sector P/E
21.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BAJAJHIND (this stock) | 13 | 1.2 | +2.2% | +3.0% | 0.93 | 0.0% |
| Nestle India | 71 | 50.7 | +15.6% | +73.9% | 0.09 | +0.9% |
| Britannia Industries | 47.6 | 24.1 | +13.3% | +51.0% | 0.27 | +1.8% |
| Tata Consumer Products | 67.4 | 4.9 | +8.1% | +7.4% | 4.18 | +0.9% |
Promoter
falling 3q
FII
stable
MF
0.23% (+0.03pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumsector policybusiness-standard.com· 06 Oct 2026, 12:41 pmIn sweet spot! Sugar stocks surge up to 9%. What's behind the rise?
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedBajaj Hindusthan Sugar Limited reported a profit after tax of ₹137.96 crore for FY2025-26, compared to a loss of ₹751.14 crore in the previous year, driven by the settlement of prior period errors related to YTM and RoR obligations. The company did not declare a dividend for the year. The auditors did not report any issues under Section 143(12) of the Companies Act, and the financial statements were prepared on a going concern basis. However, the company faces material uncertainties regarding its ability to continue as a going concern, as disclosed in Note 51.
- Profit after tax improved to ₹137.96 crore in FY2025-26 from a loss of ₹751.14 crore in FY2024-25.
- The company settled YTM and RoR obligations amounting to ₹3,584.95 crore and ₹485.60 crore, respectively, leading to restatements of prior year financials.
- No dividend was declared for FY2025-26, and no amount was transferred to reserves.
- The auditors did not report any issues under Section 143(12) of the Companies Act, 2013.
- Material uncertainties about the company's ability to continue as a going concern are disclosed in Note 51 of the financial statements.
Key takeaway: Bajaj Hindusthan Sugar Limited showed improved profitability in FY2025-26, but faces significant going concern risks, necessitating close monitoring of its financial stability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (5 items); Regulatory Action (5 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
5 occurrencesRecent (last 12 months)
The auditor provided a disclaimer in its audit report due to non-receipt of information, as per ICAI/NFRA standards.
Earlier (1-3 years ago)
The auditors issued a qualified opinion regarding the Optionally Convertible Debentures (OCDs) under the Master Framework Agreement, noting the YTM calculation and conversion terms.
The auditors have issued a qualified opinion regarding the interpretation of the conversion clause in the Master Framework Agreement, specifically concerning the treatment of Yield to Maturity (YTM) in the conversion of Optionally Convertible Debentures (OCDs) into equity shares.
Older (3+ years ago)
The auditor issued a qualified opinion regarding the non-provision of the contractual obligation related to the redemption premium on Optionally Convertible Debentures (OCDs) under the S4A Scheme, amounting to ₹478.61 crore, which has been a continuing issue since March 31, 2019.
The auditors have given a qualified opinion in their report, and the explanation provided by the directors relates to the 3rd para of the audit report regarding the qualified opinion.
Regulatory Action
5 occurrencesRecent (last 12 months)
SEBI imposed a penalty of 10 Lakh for violation of Regulation 4(1)(c), Regulation 30(3), Regulation 30(4) during the financial year 2022-23.
Earlier (1-3 years ago)
Bajaj Hindusthan Sugar Ltd. received communications from NSE and BSE in July 2024 regarding non-compliance with Regulation 17(1A) of the SEBI (LODR) Regulations, 2015, related to the appointment of Mr. Ashok Mukand as a nominee director under a loan restructuring agreement.
Bajaj Hindusthan Sugar Ltd. received a SEBI order on July 08, 2022, to pay a penalty of Rs.10 lakh for a violation under Section 23E of the Securities Contracts Regulations Act. The company paid the fine on August 10.
Older (3+ years ago)
SEBI imposed a penalty of 10 Lakh on Bajaj Hindusthan Sugar Limited for violations of several SEBI regulations and a circular.
The company has pending show cause notices from CPCB and UPPCB related to Gangnauli Sugar and Pratappur Sugar units, and pending environmental compensation cases in the Supreme Court and Pollution Control Court Lucknow.
Default / Covenant Breach
3 occurrencesEarlier (1-3 years ago)
Bajaj Hindusthan Sugar Ltd. defaulted on the payment of a redemption instalment of 267.94 crores, coupon interest of 87.08 crores, and applicable YTM component, all due on March 31, 2025.
State Bank of India initiated a Corporate Insolvency Resolution Process against Bajaj Hindusthan Sugar Ltd. under the Insolvency and Bankruptcy Code, 2016.
Older (3+ years ago)
State Bank of India filed a petition before the NCLT, Allahabad Bench, initiating CIRP against the company. The company has replied, arguing no default exists as all dues are paid, and the matter is scheduled for hearing on July 6, 2023.
Routine disclosures
Internal Control Weakness
4 occurrencesEarlier (1-3 years ago)
Bajaj Hindusthan Sugar Limited has a material weakness in its internal financial controls as the company did not recognize the premium payable on the redemption of Optionally Convertible Debentures (OCDs) as a liability in its standalone financial statements.
Bajaj Hindusthan Sugar Limited has a material weakness in its internal financial controls related to not providing the premium payable on Optionally Convertible Debentures (OCDs) at the time of redemption as a contractual obligation.
Older (3+ years ago)
Bajaj Hindusthan Sugar Ltd. has a material weakness in internal financial controls related to not providing the premium payable on Optionally Convertible Debentures (OCDs) at the time of redemption as a contractual obligation.
Bajaj Hindusthan Sugar Limited has a material weakness in internal financial controls as the company did not provide the premium payable on Optionally Convertible Debentures (OCDs) at the time of redemption of OCDs as a contractual obligation.
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has contingent liabilities as of March 31, 2026, and management is making efforts to settle pending cases.
Earlier (1-3 years ago)
The company considers YTM as a contingent liability and has not provided the premium in its books.
The company considers the Yield to Maturity (YTM) as a contingent liability and has not recorded a premium in its books.
Older (3+ years ago)
The company considers Yield to Maturity (YTM) as a contingent liability, payable in 13 equal instalments starting from 2024-25, but has not provided the premium in its books.
The company considers Yield to Maturity (YTM) as a contingent liability, payable as redemption premium in 13 instalments from 2024-25, but has not provided it in its books.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
The company has outstanding related-party transactions including guarantees and securities given to Lalitpur Power Generation Co. Ltd. and Bajaj Aviation Private Limited, with amounts secured by personal guarantees and share pledges from promoters and group companies.
Earlier (1-3 years ago)
The Company has restructured term loans secured by personal guarantees from Mr. Kushagra Bajaj (Chairman) and corporate guarantees from Bajaj International Realty Private Limited, a promoter group company, along with pledges of promoter shares and equity shares in Bajaj Energy Private Limited and LPGCL.
The company has disclosed transactions with related parties including Lalitpur Power Generation Company Ltd., Bajaj Energy Limited, and Bajaj Resources Private Ltd., involving sales of materials/services, rent/lease income, remuneration, gratuity, retainership fees, director's sitting fees, and rent expenses.
Older (3+ years ago)
The company has secured a restructured term loan with personal guarantees from Mr. Kushagra Bajaj (Chairman) and corporate guarantees from Bajaj International Realty Private Limited, a promoter group company, and pledged all promoter shares.
Bajaj Hindusthan Sugar Ltd. has outstanding balances with related parties including loans from Mr. Kushagra Bajaj and others, and investments in promoter group companies such as Bajaj International Realty Private Limited.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has statutory dues under dispute, including 46.97 crores under Sales Tax, VAT, and GST Acts, and 14.08 crores under Excise and Service Tax, with disputes pending in various courts and tribunals.
Older (3+ years ago)
The company has statutory dues under dispute with various authorities, including Sales Tax, VAT, GST, Income Tax, and Excise Tax, with amounts in dispute ranging across multiple financial years and pending in various tribunals and courts.
Management & Board Governance
1 occurrenceOlder (3+ years ago)
Mr. Alok Kumar Vaish, Managing Director, resigned from the position of Managing Director due to personal reasons and ceased to be a director with effect from May 20, 2022.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
19.16% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: decreasing.