Live Bajaj Hindusthan Sugar Share Price Chart

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H 35

L 35

VOL 54230

Bajaj Hindusthan Sugar Performance

Days Range

Low: ₹34.30
High: ₹35.25
Previous Close ₹35.10
Open ₹35.00
Volume 38,03,647
Day’s Range ₹34.30 - ₹35.25
52W Range ₹11.45 - ₹40.50
Market Cap ₹4,488.64 Cr

Bajaj Hindusthan Sugar Fundamentals

ROCE (TTM) 1.24
P/E Ratio (TTM) 0
P/B Ratio 1.06
Industry P/E 13.37
Debt to Equity 0.97
ROE -2.9556
EPS (TTM) 0
Dividend Yield 0
Book Value 33.12
Face Value 1

Bajaj Hindusthan Sugar Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales2,053.871,360.131,133.291,740.63
Expenses1,881.411,393.351,244.511,685.97
Profit before tax127.35-74.7-122.8820.07
Operating Profit130.91-74.69-122.8720.08
Net Profit130.91-74.69-122.8720.08
EPS in Rs1.05-0.6-0.990.17

About Bajaj Hindusthan Sugar

History of Bajaj Hindusthan Sugar Limited (BHSL)

Incorporated on November 23, 1931, Bajaj Hindusthan Sugar Limited (BHSL) is one of the prominent sugar and ethanol manufacturing companies in India. The company is a part of the Bajaj Group and is headquartered in Mumbai. BHSL was formerly known as Hindusthan Sugar Mills Limited. 

Bajaj Hindusthan Sugar Limited has 14 sugar plants in India located in Uttar Pradesh (UP). These plants collectively have the capacity to crush 1,36,000 tonnes of sugarcane daily and distil 800 kilolitres of alcohol per day. BHSL is also a major player in ethanol production, pioneering India’s “Fuel Ethanol” program and manufacturing about 38 million litres of ethanol annually. To meet the growing demand for ethanol, the company has expanded its manufacturing capacity to approximately 218 million litres per year.

Along with ethanol and sugar manufacturing, the company generates about 430 MW of power from the bagasse produced at its sugar mills. About 100 MW is supplied to the UP State grid. It also operates coal-fired power plants, which produce another 450 MW of power for the state grid. 

In 2016, the company was recognised with the ‘Best Enterprises Award’ from the Europe Business Assembly.

Business Segments of Bajaj Hindusthan Sugar Limited

The business segments of Bajaj Hindusthan Sugar are divided into different products, such as:

  • Sugar Manufacturing Process: This involves the process of sugar manufacturing from sugar cane. 
  • By-products of Sugar Manufacturing: The by-products of sugar manufacturing include molasses, bagasse, fly ash and press mud. All these products are re-used for other purposes like firewood, power generation, yeast, etc., without any wastage. 
  • Bio-compost or Bio-manure: Bajaj Bhu Mahashakti bio-manure is manufactured from the by-products of sugar manufacturing. This is used as a natural fertiliser in farms. 

As of March 2023, the subsidiary companies under Bajaj Hindusthan Sugar Limited include: 

Bajaj Aviation Private Limited (BAPL): This is a wholly-owned subsidiary of BHSL that provides air transport services via Air Craft – Falcon LX 2000. 

Bajaj Power Generation Private Limited (BPGPL): This wholly-owned subsidiary is involved in the energy sector. 

Phenil Sugar Limited (PSL): BHSL holds a stake of 98.01% in PSL, which manufactures sugar. 

Bajaj Hindusthan (Singapore) Private Limited (BHSPL): This is a wholly-owned subsidiary of BHSL that is involved in commodities trading and holds coal mines in Indonesia.

Key Personalities of Bajaj Hindusthan Sugar Limited

Kushagra Bajaj, Non-Executive Chairman

Kushagra Bajaj is the non-executive chairman of Bajaj Hindusthan Sugar Limited. He is one of the youngest and most promising business leaders in India, who is operating a diverse set of companies with sizeable interests in the Sugar, FMCG and Power sectors. He did his B.Sc. in Economics, Political Philosophy, and Finance from Carnegie Mellon and his M.Sc. in Marketing from Northwestern University (Chicago). 

Ajay Kumar Sharma, Managing Director 

Ajay Kapur joined BHSL in 2016. He has over 30 years of experience in cane procurement and development, supply chain management and operations, liaising with farmers and government officials. Before joining BHSL, he worked at Triveni Engineering Works, SBEC (Modi Group), Mawana Sugar, RBNS Sugar, and Modi Sugar. He is an LLB and holds a Master’s degree in Agriculture. 

Corporate Actions of Bajaj Hindusthan Sugar Limited

In 2011, BHSL announced a rights issue of a 2:1 ratio at a premium ₹35 per share. The ex-date was September 21, 2011, and the record date was September 22, 2011. 

SWOT Analysis of Bajaj Hindusthan Sugar Limited

Strengths

  • The company is a part of the well-known Bajaj Group. 
  • The company has a huge network of suppliers all over the country in both urban and rural regions.  

Weakness

  • The business model, sugar manufacturing, can be copied easily. The sugar manufactured at a local plant in a region is readily available at the local stores. 

Opportunities 

  • The company can look into expanding its business outside the country as they are available only in India now. 

Threats 

  • The sugar industry is subjected to several risks, including environment, government policies, raw material pricing, etc. 
  • The sugar demand and supply dynamics keep changing.
Parent Organisation Bajaj S
Founded 1931
Managing Director Kushagra Bajaj
NSE Symbol BAJAJHIND

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Empee Sugars & Chemicals Ltd ₹2.43

3.95

0.00 (0.00)

3.6 - 4.3
EID Parry (India) Ltd ₹10,959.05

614.8

2.35 (-0.38%)

613 - 622
Indian Sucrose Ltd ₹165.10

3.6

0.00 (0.00)

3 - 3.6
Magadh Sugar & Energy Ltd ₹893.27

620

9.55 (-1.52%)

619 - 629.8
Ponni Sugars (Erode) Ltd ₹359.57

414.5

4.30 (-1.03%)

410.75 - 422.4

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Bajaj Hindusthan Sugar FAQs

What is the Share price of Bajaj Hindusthan Sugar (BAJAJHIND)?

Bajaj Hindusthan Sugar (BAJAJHIND) share price as of March 5, 2024, on NSE is Rs 34.45 (NSE) and Rs 34.47 (BSE) on BSE.

Can I buy Bajaj Hindusthan Sugar (BAJAJHIND) shares?

Yes, You can buy Bajaj Hindusthan Sugar (BAJAJHIND) shares by opening a Demat account with Angel One.

How do I buy Bajaj Hindusthan Sugar (BAJAJHIND) from Angel One?

Bajaj Hindusthan Sugar (BAJAJHIND) share can be brought through the following modes:
  1. Direct investment: You can buy Bajaj Hindusthan Sugar (BAJAJHIND) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Bajaj Hindusthan Sugar (BAJAJHIND) shares.

Is Bajaj Hindusthan Sugar a Debt free Company?

No, Bajaj Hindusthan Sugar is not a debt free company.

What is the main business of Bajaj Hindusthan Sugar?

The main business of Bajaj Hindusthan Sugar is to procure sugar, and manufacture sugar by products, sugar grades, alcohol, ethanol, and bio-manure. It also generates and sells power produced from its baggase based at sugar mills.

Who are the promoters of Bajaj Hindusthan Sugar?

Some of the promoters of Bajaj Hindusthan Sugar include Bajaj Resources Ltd, Kushagra Bajaj, Bajaj International Realty Pvt. Ltd., SKB Roop Commercial LLP, A N Bajaj Enterprises Private Limited, Shishirkumar Bajaj, Bajaj Infrastructure Development Company Ltd, Anand Engineering Limited, and Minakshi Bajaj.

What are the Subsidiaries that comes under Bajaj Hindusthan Sugar?

The main subsidiaries that come under Bajaj Hindusthan Sugar are Bajaj Aviation Private Limited (BAPL), Bajaj Power Generation Private Limited (BPGPL), Bajaj Hindusthan (Singapore) Private Limited (BHSPL), PT. Batu Bumi Persada, Indonesia, and PT. Jangkar Prima, Indonesia.