---
title: "Kothari Sugars & Chemicals Ltd (KOTARISUG) — Share Price, Financials & Analysis"
symbol: "KOTARISUG"
company: "Kothari Sugars & Chemicals Ltd"
canonical: "https://tapetide.com/stocks/KOTARISUG"
isin: "INE419A01022"
nse_symbol: "KOTARISUG"
sector: "Consumer Goods"
industry: "Sugar"
market_cap_cr: 237.48
generated_at: "2026-09-13T19:17:19.824Z"
---

# Kothari Sugars & Chemicals Ltd (KOTARISUG)

Canonical page: https://tapetide.com/stocks/KOTARISUG

## Company

- **NSE Symbol:** KOTARISUG
- **ISIN:** INE419A01022
- **Sector:** Consumer Goods
- **Industry:** Sugar
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2004-12-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hckotharigroup.com

## About

Incorporated in 1961,Kothari Sugars and Chemicals Limited (KSCL) are the Manufacturers of Sugar, Alcohol and Powerhaving units at Kattur and Sathamangalam, Tamilnadu. [1]

## Latest Price

- **Price:** ₹28.57
- **Change:** -0.9 (-3.05%)
- **Open:** ₹29.01
- **Day High:** ₹30.55
- **Day Low:** ₹28.3
- **Previous Close:** ₹29.47
- **Volume:** 84368
- **As Of:** 2026-09-11T09:58:21+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:35.469699Z.

- **Market Cap:** ₹237.48 Cr
- **Classification:** Microcap
- **P/E (reported):** 44.7
- **P/E (TTM):** 43.29
- **EPS (TTM):** ₹0.66
- **Book Value:** ₹35.67
- **Price to Book:** 0.83
- **Dividend Yield:** 1.7%
- **ROE:** 1.64%
- **ROCE:** 5.2%
- **Debt to Equity:** 0.24
- **Revenue (yearly):** ₹292.2 Cr
- **Net Income:** ₹2.3 Cr
- **EBITDA:** ₹33 Cr
- **52-Week High:** ₹39.94
- **52-Week Low:** ₹22.5
- **RSI (14):** 49.8

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.47 | 9% |
| growth | 26.66 | 9% |
| momentum | 86.74 | 12% |
| ownership | 49.9 | 24% |
| quality | 51.07 | 22% |
| valuation | 36.81 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.80 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.0% over past five years.
- Company has a low return on equity of 2.21% over last 3 years.
- Working capital days have increased from 90.6 days to 206 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 47.93% | 43.85% | -41.26% |
| ebitda margin growth | 590.91% | -13.01% | 16.49% | — |
| net income growth | -83.33% | -80.83% | -23.33% | — |
| revenue growth | 117.62% | -9.42% | -26% | -10% |
| roce | -135.68% | -44.74% | 11.11% | — |
| roe | -87.3% | -80.22% | 4.08% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 113.18 | 132.31 | 94.28 | 89.62 | 101.59 | 82.75 | 36.05 | 66.69 | 68.04 | 70.09 | 41.96 | 83.42 |
| Expenses | 101.47 | 132.58 | 91.17 | 88.54 | 90.95 | 79.35 | 38.91 | 65.6 | 76 | 76.12 | 44.85 | 89.65 |
| Operating Profit | 11.71 | -0.27 | 3.11 | 1.08 | 10.64 | 3.4 | -2.86 | 1.09 | -7.96 | -6.03 | -2.89 | -6.23 |
| OPM % | 10.35 | -0.2 | 3.3 | 1.21 | 10.47 | 4.11 | -7.93 | 1.63 | -11.7 | -8.6 | -6.89 | -7.47 |
| Other Income | 3.61 | 4.02 | 5.24 | 3.96 | 3.56 | 9.15 | 6.07 | 5.84 | 2.25 | 22.37 | 1.75 | 11.65 |
| Interest | 1.06 | 0.23 | 0.79 | 2.2 | 0.82 | 0 | 0.56 | 1.67 | 1.46 | 0.59 | 0.77 | 1.63 |
| Depreciation | 3.63 | 3.54 | 3.77 | 3.66 | 3.66 | 3.67 | 3.66 | 3.62 | 3.63 | 3.63 | 3.68 | 3.7 |
| Profit before tax | 10.63 | -0.02 | 3.79 | -0.82 | 9.72 | 8.88 | -1.01 | 1.64 | -10.8 | 12.12 | -5.59 | 0.09 |
| Tax % | 51.27 | -3850 | -48.81 | -35.37 | 35.7 | 39.19 | -31.68 | 23.78 | -32.96 | 1.24 | -111.45 | 11.11 |
| Net Profit | 5.18 | 0.76 | 5.65 | -0.53 | 6.25 | 5.4 | -0.69 | 1.25 | -7.23 | 11.96 | 0.63 | 0.08 |
| EPS in Rs | 0.62 | 0.09 | 0.68 | -0.06 | 0.75 | 0.65 | -0.08 | 0.15 | -0.87 | 1.44 | 0.08 | 0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 287 | 332 | 352 | 419 | 422 | 609 | 503 | 310 | 247 | 264 |
| Expenses | 259 | 309 | 324 | 386 | 373 | 548 | 458 | 298 | 263 | 287 |
| Operating Profit | 28 | 23 | 28 | 33 | 50 | 61 | 44 | 12 | -16 | -23 |
| OPM % | 10 | 7 | 8 | 8 | 12 | 10 | 9 | 4 | -6 | -9 |
| Other Income | -5 | 20 | 11 | 10 | 8 | 12 | 15 | 23 | 32 | 38 |
| Interest | 6 | 7 | 7 | 5 | 4 | 4 | 4 | 4 | 4 | 4 |
| Depreciation | 14 | 13 | 13 | 14 | 14 | 14 | 14 | 15 | 15 | 15 |
| Profit before tax | 3 | 23 | 19 | 23 | 39 | 55 | 42 | 17 | -3 | -4 |
| Tax % | 82 | 44 | -2 | 19 | 14 | 24 | 30 | 38 | -351 | — |
| Net Profit | 0 | 13 | 19 | 19 | 34 | 42 | 29 | 10 | 7 | 5 |
| EPS in Rs | 0.06 | 1.53 | 2.34 | 2.29 | 4.11 | 5.06 | 3.56 | 1.26 | 0.8 | 0.66 |
| Dividend Payout % | 0 | 33 | 0 | 0 | 0 | 20 | 14 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 83 |
| Reserves | 49 | 56 | 69 | 84 | 103 | 137 | 175 | 196 | 206 | 213 |
| Borrowings | 146 | 120 | 116 | 84 | 36 | 57 | 38 | 70 | 50 | 70 |
| Other Liabilities | 103 | 110 | 123 | 124 | 119 | 118 | 137 | 135 | 111 | 80 |
| Total Liabilities | 380 | 370 | 391 | 375 | 341 | 395 | 433 | 483 | 451 | 446 |
| Fixed Assets | 191 | 178 | 167 | 172 | 162 | 153 | 152 | 164 | 150 | 164 |
| CWIP | 0 | 0 | 1 | 0 | 0 | 1 | 9 | 0 | 4 | 0 |
| Investments | 20 | 33 | 48 | 30 | 58 | 71 | 72 | 100 | 133 | 121 |
| Other Assets | 169 | 159 | 174 | 172 | 121 | 170 | 200 | 219 | 162 | 160 |
| Total Assets | 380 | 370 | 391 | 375 | 341 | 395 | 433 | 483 | 451 | 446 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 25 | 37 | 26 | 27 | 82 | -3 | 45 | 16 | 52 | -14 |
| Cash from Investing Activity | -10 | 0 | -11 | 3 | -29 | -13 | -19 | -36 | -28 | -2 |
| Cash from Financing Activity | -28 | -36 | -10 | -30 | -1 | -11 | -15 | -12 | -4 | -5 |
| Net Cash Flow | -14 | 1 | 5 | 0 | 52 | -27 | 11 | -32 | 21 | -21 |
| Free Cash Flow | 13 | 36 | 22 | 10 | 77 | -7 | 24 | -2 | 47 | -38 |
| CFO/OP | 74 | 141 | 133 | 110 | 263 | 8 | 88 | 51 | 472 | 82 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 16 | 23 | 19 | 28 | 18 | 21 | 17 | 16 | 20 | 21 |
| Inventory Days | 235 | 224 | 216 | 181 | 101 | 165 | 117 | 180 | 161 | 231 |
| Days Payable | 88 | 133 | 127 | 111 | 95 | 99 | 73 | 93 | 110 | 83 |
| Cash Conversion Cycle | 162 | 114 | 108 | 99 | 24 | 88 | 61 | 103 | 71 | 169 |
| Working Capital Days | 0 | -17 | -10 | -1 | 2 | 16 | 24 | 30 | 36 | 206 |
| ROCE % | 9 | 7 | 10 | 8 | 10 | 17 | 18 | 14 | 3 | -6 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% | 73.53% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.17% | 0.16% | 0.15% |
| DIIs | 0.83% | 0.83% | 0.67% | 0.66% | 0.66% | 0.66% | 0.66% | 0.63% | 0.63% | 0.62% | 0.49% | 0.49% |
| Government | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 20.77% | 20.86% | 21.04% | 21.05% | 21.43% | 21.62% | 21.68% | 21.93% | 22.75% | 22.77% | 22.9% | 22.88% |
| Others | 4.86% | 4.77% | 4.75% | 4.75% | 4.37% | 4.17% | 4.11% | 3.9% | 3.08% | 2.9% | 2.9% | 2.94% |
| No. of Shareholders | 63347 | 62935 | 70586 | 71762 | 71762 | 71723 | 71377 | 29872 | 68598 | 66540 | 64568 | 63411 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 4 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 30.07 | Sell |
| EMA (10) | 29.79 | Sell |
| SMA (20) | 30.82 | Sell |
| EMA (20) | 29.79 | Sell |
| SMA (50) | 27.7 | Buy |
| EMA (50) | 28.44 | Buy |
| SMA (100) | 26.83 | Buy |
| EMA (100) | 27.46 | Buy |
| SMA (200) | 26.41 | Buy |
| EMA (200) | 27.84 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.8 | Neutral |
| MACD (12,26,9) | 0.38 | Sell |
| Stochastic (14,3,3) | 6.08 | Buy |
| ADX (14) | 21.03 | Neutral |
| Williams %R (14) | -95.52 | Buy |
| ATR (14) | 1.97 | High Volatility |
| ROC (12) | -15.45 | Sell |
| Stoch RSI (14) | 3.74 | Buy |
| UO (7,14,28) | 45.03 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-19 | [Amalgamation/Merger](https://nsearchives.nseindia.com/corporate/KOTARISUG_19082026184337_KSCLIntimationunderReg30.pdf) |
| 2026-08-13 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_13082026130203_Proceedingsof65thAGM_13082026.pdf) |
| 2026-08-13 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_13082026191243_AGM_EVotin_Result_KSCL.pdf) |
| 2026-07-17 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_17072026175317_Intimation_of_Notice_of_Annual_Report.pdf) |
| 2026-07-17 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/KOTARISUG_17072026180056_Intimation_of_AGM_Newspaper_Adv.pdf) |
| 2026-07-15 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/KOTARISUG_15072026164006_CertificateunderReg74_5_30062026.pdf) |
| 2026-06-26 | [Updates](https://nsearchives.nseindia.com/corporate/KOTARISUG_26062026111326_IntimationofRandDUnit.pdf) |
| 2026-06-24 | [Trading Window](https://nsearchives.nseindia.com/corporate/KOTARISUG_24062026162906_Intimationoftradingwindow.pdf) |
| 2026-06-10 | [Credit Rating](https://nsearchives.nseindia.com/corporate/KOTARISUG_10062026181625_KSCLCreditRatingIntimation.pdf) |
| 2026-06-05 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/KOTARISUG_05062026174134_KSCLIntimationofnewspaperad05062026.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_13082026170136_OutcomeofBoardMeeting13082026.pdf) |
| 2026-05-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_04052026184404_OutcomeofBoardMeeting04052026.pdf) |
| 2026-05-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_04052026130304_OutcomeofBoardMeeting04052026.pdf) |
| 2026-02-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_04022026134514_OutcomeofBoardMeeting04022026.pdf) |
| 2026-02-04 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_04022026135321_IntimationunderReg30_04022026.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/KOTARISUG_13112025125140_OutcomeofBoardMeeting_13112025.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_29860_KOTARISUG_2025_2026_A_2326121_17072026174933.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_26908_KOTARISUG_2024_2025_A_14072025180210.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24274_KOTARISUG_2023_2024_02072024195831.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22431_KOTARISUG_2022_2023_18072023193354_07182023200004.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20293_KOTARISUG_2021_2022_08072022183321_07082022190006.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18314_KOTARISUG_2020_2021_06072021222828_06072021230018.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_16501_KOTARISUG_2019_2020_18072020225151_18072020230003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_14797_KOTARISUG_2018_2019_09072019190152_09072019200011.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_12822_KOTARISUG_2017_2018_03082018130238.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11357_KOTARISUG_2016_2017_12092017105819.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:19.824Z.