Is Bannari Amman Sugars the Best Stock in Its Sector? A Look at the Numbers
- September 24, 2026
- Posted by: Kunal Singla
- Category: Market
Bannari Amman Sugars CMP Rs 3,343 (24 Sep 2026). Market cap Rs 4,193 Cr. ROE 7.73%. P/E 34.44x versus Industry P/E 24.96x.
Quick Answer
Bannari Amman Sugars is one of the names investors compare when screening the Agri sector, built on a 7.73% return on equity and a P/E of 34.44x against an Industry P/E of 24.96x. Whether Bannari Amman Sugars is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Agri sector peers, so you can judge that for yourself.
Is Bannari Amman Sugars the best stock in its sector? The stock trades on the NSE at Rs 3,343 as of 24 September 2026, within its 52-week range of Rs 3,105.20 to Rs 4,338.00. Bannari Amman Sugars Ltd manufactures sugar, ethanol and co-generated power, part of the Bannari Amman Group.
Bannari Amman Sugars sits in the Agri sector, and its 7.73% ROE and 34.44x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Bannari Amman Sugars
Bannari Amman Sugars Ltd manufactures sugar, ethanol and co-generated power, part of the Bannari Amman Group. It manufactures sugar, ethanol and co-generated power, and also has interests in granite and wind power through the broader Bannari Amman Group. At a market capitalisation of Rs 4,193 Cr, it is tracked as part of the Agri sector on Univest.
Is Bannari Amman Sugars the Best Stock in Its Sector?
Bannari Amman Sugars makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 7.73% ROE with a 34.44x P/E against the sector’s 24.96x Industry P/E. Bannari Amman Sugars’ 34.44x P/E is above the 24.96x Industry P/E and above Avadh Sugar and Energy in this comparison, a premium that reflects its debt free balance sheet and diversified group interests rather than current ROE alone.
| Metric | Bannari Amman Sugars |
|---|---|
| CMP (NSE) | Rs 3,342.80 |
| 52-Week High / Low | Rs 4,338.00 / Rs 3,105.20 |
| Market Cap | Rs 4,193 Cr |
| P/E (TTM) vs Industry P/E | 34.44x vs 24.96x |
| P/B | 2.19 |
| ROE | 7.73% |
| EPS (TTM) | Rs 97.09 |
| Dividend Yield | 0.37% |
| Debt to Equity | 0.00 |
Compare Bannari Amman Sugars Against Other Agri Sector Stocks
How Bannari Amman Sugars Compares Against Its Agri Sector Peers
The table below sets Bannari Amman Sugars against 3 other Agri sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Bannari Amman Sugars | 4,193 | 34.44 | 7.73% | 0.00 |
| Balrampur Chini Mills | 14,654 | 39.48 | 9.15% | 0.77 |
| Avadh Sugar and Energy | 1,467 | 22.24 | 5.10% | 1.25 |
| Triveni Engineering and Industries | 5,632 | 20.85 | 5.91% | 0.65 |
| Peer average (3 companies) | – | 27.52 | 6.72% | 0.89 |
Against this peer set, Bannari Amman Sugars’s 7.73% ROE is above the 6.72% peer average, and its P/E of 34.44x runs above the peer average of 27.52x. Bannari Amman Sugars’ 34.44x P/E is above the 24.96x Industry P/E and above Avadh Sugar and Energy in this comparison, a premium that reflects its debt free balance sheet and diversified group interests rather than current ROE alone.
What Makes Bannari Amman Sugars Worth Watching in Agri
- Debt free balance sheet: A debt to equity ratio of 0.00 gives Bannari Amman Sugars complete flexibility to fund capacity expansion internally.
- Diversified group interests: Interests in granite and wind power alongside its core sugar and ethanol business give Bannari Amman Sugars revenue streams beyond the sugar cycle.
- Above Industry P/E: A 34.44x P/E against a 24.96x Industry P/E reflects a premium relative to the Agri sector sugar peers used elsewhere in this series.
Bannari Amman Sugars Valuation: Is It Justified?
Bannari Amman Sugars’ 34.44x P/E is above the 24.96x Industry P/E and above Avadh Sugar and Energy in this comparison, a premium that reflects its debt free balance sheet and diversified group interests rather than current ROE alone. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is AWL Agri Business the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Bannari Amman Sugars and other Agri sector stocks.
How to Track Bannari Amman Sugars Before You Invest
Before deciding whether Bannari Amman Sugars deserves its label as the best stock in its sector for your own portfolio, compare it directly against Agri sector peers using the steps below.
- Open the Univest Screener and search for Bannari Amman Sugars to view live price, valuation ratios, and peer comparisons within the Agri sector.
- Compare its P/E, P/B, and ROE against other Agri sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Bannari Amman Sugars earns a place in the best stock in its sector conversation on the strength of a 7.73% ROE and a P/E of 34.44x against a 24.96x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Bannari Amman Sugars the best stock in its sector?
Ans. Bannari Amman Sugars has a 7.73% ROE and trades at 34.44x P/E against a 24.96x Industry P/E, and compares above the peer average ROE of 6.72% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Bannari Amman Sugars?
Ans. Bannari Amman Sugars was trading at Rs 3,342.80 on the NSE as of 24 September 2026, within its 52-week range of Rs 3,105.20 to Rs 4,338.00.
What sector does Bannari Amman Sugars belong to?
Ans. Bannari Amman Sugars is classified under the Agri sector on Univest.
How does Bannari Amman Sugars compare to its sector peers on P/E?
Ans. Bannari Amman Sugars’s P/E of 34.44x is above the 27.52x average of the 3 named peers compared in this article.
What is Bannari Amman Sugars’s return on equity?
Ans. Bannari Amman Sugars reported a return on equity of 7.73%, which is above the 6.72% average of its named peers in this comparison.
Should I invest in Bannari Amman Sugars based on its sector position?
Ans. Bannari Amman Sugars’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.