Sbec Sugar Ltd.

BSE: SBECSUG · Sugar · sector

₹61.38BSE close 2026-10-26

Key numbers

Market cap₹292 cr

Price₹61.38

52w high / low₹89 / ₹27

P/E2.0xSector median 12.9x

P/B1.8xSector median 0.9x

Book value₹35.1

Dividend yield–Sector median 0.91%

ROE97.3%Sector median 6.3%

ROCE23.4%Sector median 6.8%

OPM22.1%Sector median 6.0%

Debt / equity1.63xSector median 0.72x

EV/EBITDA4.8xSector median 11.8x

Interest cover2.1x

Current ratio0.44x

Sales growth 3y-5.4%Sector median -1.4%

Profit growth 3y–Sector median -11.6%

PEG–

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 35 companies in Sugar (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹4 cr vs borrowings ₹273 cr (FY26): borrowings are higher by ₹269 cr.
Operating profit covered interest 2.1x in the last 12 months.
Net loss in 3 of the last 6 quarters.
Other income was 9% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹61.38 on 2026-10-26: -30.9% from the 52-week high, +128.6% 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 ₹76.76 · low ₹28.83

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	209	120	147	123	159	99
EBITDA	60	-13	-13	-1	105	25
OPM %	28.6%	-10.6%	-8.7%	-1.0%	66.2%	25.4%
Other income	0	0	0	1	2	1
Net profit	46	-26	-29	-17	91	9
EPS (₹)	9.73	5.47	6.00	3.63	19.01	1.92
Revenue YoY					-24.0%	-17.4%
Profit YoY					+95.4%	–

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	602	647	644	630	548	528
EBITDA	22	20	45	40	79	116
Net profit	-11	-13	5	-19	19	54
EPS (₹)	-2.24	-2.71	0.98	3.90	3.91	30.56
Revenue growth		+7.4%	-0.5%	-2.1%	-13.0%	–
Profit growth		–	–	-500.2%	–	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-5.4%	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	+5.2% (2y)	+96.3%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	-57	167
Borrowings	202	273
Cash & equivalents	1	4
Total assets	714	904
Fixed assets	223	205
Capital work in progress	1	1
Investments	38	326
Receivables	28	25
Inventory	269	252
Payables	487	394

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	70	-27
Cash from investing	-2	2
Cash from financing	-69	27
Capex	2	2
Free cash flow	68	-29

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	32.8%	11.1%
ROCE %	14.5%	14.5%
Debtor days	16	16
Inventory days	197	201
Payable days	356	314
Cash conversion cycle (days)	-143	-97
Working capital days	-220	-237

Peers in Sugar

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
BALRAMCHIN	₹13,212 cr	34.1x	3.2x	9.3%	8.1%	11.3%	+10.4%	0.53%
TRIVENI	₹4,979 cr	17.7x	1.5x	8.7%	8.3%	7.0%	+6.5%	1.75%
BANARISUG	₹4,029 cr	33.1x	2.1x	6.6%	7.3%	9.3%	-8.8%	0.39%
RENUKA	₹3,858 cr	–	–	–	-2.7%	0.3%	+0.5%	–
DALMIASUG	₹3,357 cr	16.5x	1.0x	6.3%	7.0%	10.8%	+3.6%	1.45%
BAJAJHIND	₹2,606 cr	12.9x	0.7x	2.9%	0.8%	4.8%	-4.9%	–
AVADHSUGAR	₹1,627 cr	24.7x	1.4x	5.9%	6.8%	8.2%	-1.3%	1.23%
UTTAMSUGAR	₹1,179 cr	13.6x	1.3x	10.4%	10.2%	9.3%	+2.3%	0.87%
DHAMPURSUG	₹1,095 cr	15.6x	0.9x	6.0%	6.8%	6.4%	-0.8%	0.02%
SBECSUG	₹292 cr	2.0x	1.8x	97.3%	23.4%	22.1%	-5.4%	–

All 35 companies in Sugar →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Fast Moving Consumer Goods
Industry	Sugar
Sub-industry	Sugar
Symbol	SBECSUG
BSE code	532102
ISIN	INE948G01019
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.