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 · RANA SUGARS LTD. · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
RANA SUGARS LTD.
NSE: RANASUG · BSE: 507490
NSE: RANASUG · BSE: 507490
Fast Moving Consumer Goods › Fast Moving Consumer Goods › Diversified FMCG › Diversified FMCG
RANA SUGARS LTD.
StateQ1 FY27 filed
Last close · 9 Oct 2026₹13.24
Market cap₹0.2k cr
TTM P/E · P/B · EV/EBITDA35.6 · 0.34 · 6.0
RANA SUGARS LTD. is a Diversified FMCG 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 · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,400 | 1,627 | 1,593 | 1,713 | 1,743 |
| EBITDA (ex other income) | 162 | 113 | 83 | 71 | 73 |
| margin % | 11.5 | 7.0 | 5.2 | 4.1 | 4.2 |
| Owners' profit | 85 | 63 | 28 | 34 | 24 |
| EPS, as reported (₹) | 6.60 | 8.26 | 1.82 | 2.24 | 1.55 |
| ROE % · ROCE % | 19.0 · 22.6 | 12.4 · 15.4 | 5.2 · 9.4 | 6.0 · 10.7 | 4.0 · 8.9 |
| Debt / equity (x) | 0.42 | 0.73 | 0.75 | 0.69 | 0.54 |
| Cash from operations | 92 | (84) | 44 | 55 | 92 |
| Capex | (106) | (63) | (85) | (18) | (11) |
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 · RANA SUGARS LTD. · 9 October 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 | 386 | 390 | 475 | 531 | 345 | 429 | 438 | 464 |
| Profit before tax | (23) | 24 | 40 | (4) | (20) | 17 | 43 | (24) |
| Net profit | (15) | 14 | 40 | (3) | (14) | 13 | 28 | (21) |
| EPS (₹) | (0.96) | 0.92 | 2.59 | (0.16) | (0.92) | 0.83 | 1.81 | (1.35) |
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 | 900 | 45.7 |
| Power | 166 | 8.4 |
| Distillery | 904 | 45.9 |
| Total, before eliminations | 1,970 | 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. % |
|---|---|---|---|---|---|---|---|---|
| HINDUSTAN UNILEVER LTD. | 4,33,458 | 29.0 | 8.84 | 27.7 | 30.7 | 21.5 | 6.5 | 23.4 |
| ITC LTD | 3,19,502 | 16.1 | 4.38 | 10.9 | 28.8 | 35.9 | 11.1 | 21.1 |
| HINDUSTAN FOODS LIMITED | 7,030 | 44.9 | 6.03 | 21.6 | 12.8 | 9.8 | 25.1 | 8.8 |
| GODAVARI BIOREFINERIES L | 1,126 | 7333.0 | 1.43 | 15.2 | 0.4 | 0.4 | — | 0.5 |
| RANA SUGARS LTD. ◆ | 207 | 36.4 | 0.34 | — | 4.0 | 4.9 | — | (1.7) |
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) | 36.4 | 18.6 | 208 of 278 | 25% |
| P/B | 0.3 | 1.7 | 19 of 281 | 93% |
| ROCE | 4.9 | 7.5 | 191 of 331 | 42% |
| ROE | 4.0 | 7.3 | 170 of 283 | 40% |
| Debt / Equity | 0.5 | 0.3 | 184 of 281 | 35% |
| EBITDA margin | (1.7) | 8.3 | 237 of 272 | 13% |
| Revenue growth | (12.5) | 9.8 | 216 of 273 | 21% |
| Profit growth | (715.7) | 12.9 | 266 of 276 | 4% |
| Market cap | 207 | 159 | 155 of 341 | 55% |
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 · RANA SUGARS LTD. · 9 October 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 % |
|---|---|---|---|---|
| 8 Oct 2026 · Rana Sugars promotes DGM Accounts to Vice President | management changes | low | — | — |
| 3 Oct 2026 · Rana Sugars 34th AGM: All 5 Resolutions Passed | board shareholder meetings | low | — | — |
| 1 Oct 2026 · WTD Gaurav Garg exits board, stays as CFO; Admin Head quits | management changes | high | — | — |
| 1 Oct 2026 · Whole-time Director and Admin Head resign; CFO Gaurav Garg continues | management changes | high | — | — |
| 30 Sept 2026 · Rana Sugars 34th AGM held on Sep 30, 2026; 5 resolutions transacted | board shareholder meetings | medium | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1, 2026 for Q2 results | compliance | minimal | — | — |
| 19 Sept 2026 · General Manager Indrajeet Kushwaha resigns from Rana Sugars | management changes | medium | — | — |
| 4 Sept 2026 · Rana Sugars announces 34th AGM on Sep 30, 2026 via video conferencing | compliance | minimal | — | — |
| 4 Sept 2026 · Rana Sugars 34th AGM on Sept 30, 2026; book closure from Sept 24 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Rana Sugars 34th AGM on Sept 30, 2026; book closure Sept 24 to 30 | board shareholder meetings | low | — | — |
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