Share price ₹1,066.30 on NSE as of 19 Sep 2025.
52-week high / low: about ₹1,246.80 high / ₹639.00 low.
Market Capitalization ₹18,900–19,000 Crore
P/E (Trailing / Recent) 18-21×
Return on Equity (ROE) 9-12% recent years; longer term roughly similar.
Return on Capital Employed (ROCE) 16.6%
Dividend Yield Low; last paid November 2023 for ₹4/share; yield is modest.
Shares Outstanding 17.78 Crore shares (Promoter holdings 41.5%)
Volatility & Losses
Some quarters have seen losses or weak margins. Inventory costs, sugar price volatility, regulatory / subsidy / policy risk are material.
Low ROE in some periods
While ROCE is okay, ROE is modest which suggests capital is not always yielding high returns.
Dependency on Commodities / Weather / Policy
Sugar and agro sectors face risk of cane price fluctuations, input costs, regulatory changes (sugar export bans, ethanol mandates), weather, etc.
Modest Dividend Yield and Cash Return to Investors
Dividend has been inconsistent; not clear the company is able to pay a consistent high dividend.
Mixed Margins
Margins are under pressure from cost increases, inventory write-downs, etc. Even though revenue is growing, net margin is thin 2-3% in good quarters, negative in others.