Kothari SUG & Chem Ltd.
NSE: KOTARISUG · Other · sector
₹23.32NSE close 2026-10-26
Key numbers
Market cap₹193 cr
Price₹23.32
52w high / low₹40 / ₹22
P/E35.3xSector median 14.4x
P/B0.7xSector median 1.7x
Book value₹35.7
Dividend yield–Sector median 0.37%
ROE1.9%Sector median 13.8%
ROCE0.1%Sector median 19.6%
OPM1.8%Sector median 10.4%
Debt / equity0.24xSector median 0.29x
EV/EBITDA34.2xSector median 8.4x
Interest cover0.1x
Current ratio2.13x
Sales growth 3y-26.0%Sector median +7.7%
Profit growth 3y-46.0%Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹105 cr vs borrowings ₹70 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 0.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY22).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 189% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹23.32 on 2026-10-26: -41.6% from the 52-week high, +3.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹57.71 · low ₹23.31
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 102 | 83 | 36 | 67 | 68 | 70 | 42 | 83 |
| EBITDA | 11 | 10 | -3 | 3 | -8 | 14 | -3 | 2 |
| OPM % | 10.5% | 11.8% | -7.9% | 4.0% | -11.7% | 19.6% | -6.9% | 2.0% |
| Other income | 4 | 3 | 6 | 4 | 2 | 3 | 2 | 4 |
| Net profit | 6 | 5 | -1 | 1 | -7 | 12 | 1 | 0 |
| EPS (₹) | 0.75 | 0.65 | -0.08 | 0.15 | -0.87 | 1.44 | 0.08 | 0.01 |
| Revenue YoY | -33.0% | -15.3% | +16.4% | +25.1% | ||||
| Profit YoY | -215.7% | +121.5% | – | -93.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 423 | 610 | 503 | 310 | 247 | 264 |
| EBITDA | 51 | 64 | 44 | 19 | 6 | 5 |
| Net profit | 25 | 42 | 29 | 10 | 7 | 5 |
| EPS (₹) | 4.11 | 5.06 | 3.56 | 1.26 | 0.80 | 0.66 |
| Revenue growth | +44.0% | -17.6% | -38.3% | -20.4% | -8.2% | |
| Profit growth | +67.5% | -29.7% | -64.6% | -36.6% | -55.4% | |
| Dividend / share (₹) | – | 0.50 | 1.00 | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -26.0% | -10.1% | -8.2% |
| Net profit | -46.0% | -13.9% | -55.4% |
| EPS | -45.9% | -19.0% | – |
| Share price | – | -29.9% (2y) | -21.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 258 | 278 | 289 | 296 |
| Borrowings | – | 38 | 69 | 49 | 70 |
| Cash & equivalents | – | 72 | 87 | 117 | 105 |
| Total assets | – | 432 | 483 | 450 | 446 |
| Fixed assets | – | 150 | 162 | 149 | 153 |
| Capital work in progress | – | 9 | 0 | 0 | 0 |
| Investments | – | 0 | 13 | 17 | 17 |
| Receivables | – | 28 | 22 | 17 | 14 |
| Inventory | – | 136 | 168 | 97 | 118 |
| Payables | – | 85 | 87 | 67 | 43 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -3 | 45 | 16 | 52 | -14 |
| Cash from investing | -13 | -19 | -36 | -28 | -2 |
| Cash from financing | -11 | -15 | -12 | -4 | -5 |
| Capex | 4 | 21 | 17 | 5 | 24 |
| Free cash flow | -7 | 24 | -2 | 47 | -38 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.3% | 10.6% | 3.6% | 2.2% |
| ROCE % | – | 19.9% | 13.1% | 6.0% | 0.5% |
| Debtor days | – | 17 | 16 | 20 | 21 |
| Inventory days | – | 116 | 179 | 159 | 231 |
| Payable days | – | 73 | 93 | 110 | 83 |
| Cash conversion cycle (days) | – | 60 | 102 | 69 | 169 |
| Working capital days | – | 67 | 93 | 173 | 207 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.53% |
| FIIs | 0.15% |
| DIIs | 0.49% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.49% |
| Government | 0.01% |
| Public (non-institutions) | 25.81% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% |
| Promoter group | % |
|---|---|
| NBK Real Estates Private Ltd | 70.20% |
| Nina Bhadrashyam Kothari | 3.24% |
| Arjun Bhadrashyam Kothari | 0.07% |
| Nayantara Bhadrashyam Kothari | 0.03% |
| Anandita Arjun Kothari | 0.00% |
62,268 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| KOTARISUG | ₹193 cr | 35.3x | 0.7x | 1.9% | 0.1% | 1.8% | -26.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Distillery | ₹124 cr | 46.1% | ₹26 cr | 20.6% |
| Sugar | ₹104 cr | 38.7% | ₹-20 cr | -19.4% |
| Power | ₹41 cr | 15.2% | ₹4 cr | 9.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-07-19 | Other | Annual General Meeting |
| 2024-02-20 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2023-08-03 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2023-02-16 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2022-07-26 | Other | Annual General Meeting |
| 2021-07-22 | Other | Annual General Meeting |
| 2020-08-03 | Other | Annual General Meeting |
| 2019-07-30 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2018-07-23 | Other | Annual General Meeting |
| 2017-08-31 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2016-07-28 | Other | Annual General Meeting |
| 2015-08-03 | Other | Annual General Meeting |
| 2014-08-26 | Dividend | Annual General Meeting / Final Dividend - Re 0.50/- Per Share |
| 2013-08-27 | Other | Annual General Meeting |
| 2012-09-14 | Other | Annual General Meeting |
| 2011-08-29 | Other | Annual General Meeting |
| 2010-09-13 | Other | Annual General Meeting |
| 2009-09-16 | Other | Annual General Meeting |
| 2008-09-10 | Other | Annual General Meeting |
| 2007-09-19 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | KOTARISUG |
| BSE code | – |
| ISIN | INE419A01022 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.