Sanstar Limited has informed the Exchange about Investor Presentation
SANSTAR · price
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Sanstar Limited reported FY2026 revenue of Rs. 7,846 million (down 17.7% YoY) and Q4 FY26 revenue of Rs. 2,168 million (up 7.4% QoQ). The company achieved a major milestone by becoming India's second-largest maize-based specialty products manufacturer with total capacity of 2,350 TPD after commissioning the expanded Dhule facility. Gross profit margin improved significantly to 30.1% from 25.6% previously, though EBITDA margin declined to 4.8% from 5.9%. Q4 showed strong recovery with PAT of Rs. 205 million (up 271% YoY) and PAT margin of 9.5%. The balance sheet strengthened considerably with net debt reduced to near zero (Net Debt/Equity at -0.01x) and total debt lowered from Rs. 271 million to Rs. 199 million. Exports contributed 34% of revenues at Rs. 2,657 million. The company cited ongoing pricing pressure from Chinese starch exports but expects improved margins as the derivatives facility becomes operational in FY2026-27.
The company demonstrated strong operational recovery in Q4 with improved margins and reduced debt, positioning itself for better profitability as capacity expansion completes and value-added derivatives come online.