Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · KOTHARI SUG & CHEM LTD. · 22 September 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
KOTHARI SUG & CHEM LTD.
NSE: KOTARISUG
NSE: KOTARISUG
Fast Moving Consumer Goods › Fast Moving Consumer Goods › Agricultural Food & other Products › Sugar
KOTHARI SUG & CHEM LTD.
StateQ1 FY27 filed
Last close · 20 Sept 2026₹26.98
Market cap₹0.2k cr
TTM P/E · P/B · EV/EBITDA40.9 · 0.76 · 19.7
KOTHARI SUG & CHEM LTD. is a Agricultural Food & other Products company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 423 | 610 | 503 | 310 | 247 |
| EBITDA (ex other income) | 51 | 64 | 44 | 19 | 6 |
| margin % | 12.0 | 10.5 | 8.8 | 6.0 | 2.3 |
| Owners' profit | 25 | 42 | 29 | 10 | 7 |
| EPS, as reported (₹) | 4.11 | 5.06 | 3.56 | 1.26 | 0.80 |
| ROE % · ROCE % | — · — | 16.3 · 20.3 | 10.6 · 14.4 | 3.6 · 6.2 | 2.2 · 0.6 |
| Debt / equity (x) | — | 0.15 | 0.25 | 0.17 | 0.24 |
| Cash from operations | (3) | 45 | 16 | 52 | (14) |
| Capex | (4) | (21) | (17) | (5) | (24) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KOTHARI SUG & CHEM LTD. · 22 September 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 102 | 83 | 36 | 67 | 68 | 70 | 42 | 83 |
| Profit before tax | 10 | 9 | (1) | 2 | (11) | 12 | (6) | 0 |
| 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 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Sugar | 104 | 38.7 |
| Distillery | 124 | 46.1 |
| Power | 41 | 15.2 |
| Total, before eliminations | 268 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BALRAMPUR CHINI MILLS LTD | 14,026 | 36.2 | 3.39 | 22.1 | 9.1 | 9.7 | 5.4 | 7.9 |
| TRIVENI ENGG. & INDS. LTD | 5,268 | 18.7 | 1.58 | 12.1 | 8.0 | 9.4 | 10.1 | 3.3 |
| SHREE RENUKA SUGARS LTD | 4,892 | — | — | 77.1 | 29.6 | (108.2) | 10.2 | (3.1) |
| BAJAJ HINDUSTHAN SUGAR LT | 4,805 | 14.9 | 1.26 | 22.1 | 3.3 | 1.5 | (3.9) | (10.4) |
| BANNARI AMMAN SUGARS LTD | 4,143 | 34.0 | 2.17 | — | 7.7 | 8.7 | — | 0.5 |
| DALMIA BHARAT SUG IN LTD | 3,106 | 13.0 | 0.96 | 8.8 | 7.3 | 8.0 | 6.1 | 8.3 |
| DHAMPUR SUGAR MILLS LTD. | 1,048 | 14.9 | 0.87 | 9.8 | 5.5 | 5.8 | (7.9) | 4.7 |
| UTTAM SUGAR MILLS LTD. | 979 | 11.3 | 1.10 | 7.2 | 11.3 | 12.7 | — | 4.5 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 40.9 | 10.8 | 23 of 24 | 4% |
| P/B | 0.8 | 0.9 | 10 of 26 | 64% |
| ROCE | (0.8) | 3.0 | 20 of 27 | 27% |
| ROE | 2.2 | 3.7 | 18 of 27 | 35% |
| Debt / Equity | 0.2 | 0.6 | 6 of 27 | 81% |
| EBITDA margin | 6.5 | 4.6 | 12 of 26 | 56% |
| Revenue growth | 25.1 | 5.5 | 6 of 25 | 79% |
| Profit growth | (93.6) | (14.4) | 22 of 27 | 19% |
| Market cap | 224 | 312 | 17 of 28 | 41% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KOTHARI SUG & CHEM LTD. · 22 September 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 19 Aug 2026 · NSE gives no objection to KSCL merger with Kothari Petrochemicals | strategic transactions | high | — | — |
| 13 Aug 2026 · AGM voting results: all 3 resolutions passed with near-unanimous support | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Q1 FY27 results: revenue up 25% YoY, profit flat at Rs 8L on exceptional gain | results | high | — | — |
| 13 Aug 2026 · 65th AGM proceedings held; voting results awaited | board shareholder meetings | medium | — | — |
| 17 Jul 2026 · Notice of 65th AGM and book closure from Aug 7 to Aug 13, 2026 | compliance | minimal | — | — |
| 17 Jul 2026 · Notice of 65th AGM on August 13, 2026 with FY26 Annual Report | board shareholder meetings | low | — | — |
| 15 Jul 2026 · RTA compliance certificate filed for Q1 FY27 under SEBI Reg 74(5) | compliance | minimal | — | — |
| 26 Jun 2026 · Renewal of Recognition of In-House R&D Unit | regulatory legal | low | — | — |
| 24 Jun 2026 · Trading window closure for Q1 FY26 results | compliance | minimal | — | — |
| 10 Jun 2026 · Kothari Sugars And Chemicals Limited has informed the Exchange about Credit Rating | credit debt | medium | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in