SANSM Sanghar Sugar Mills Limited

Sanghar Sugar Mills Limited (SANSM) financial ratios

Sanghar Sugar Mills Limited earned a net margin of 2.1% in FY2025 against a five-year average of 0.2% (Sugar & Allied Industries median 0.6%). Return on equity was 5.7%, compared with a sector median of 2.0%. The current ratio stood at 0.75× and debt was 7.0% of equity. Cash took about 1 days to cycle through receivables, inventory and payables.

FY2025 vs the Sugar & Allied Industries median

Gross margin: 9.5%; Sector median 9.9%
Operating margin: 5.9%; Sector median 6.4%
Net margin: 2.1%; Sector median 0.6%
Return on equity (ROE): 5.7%; Sector median 2.0%
Return on assets (ROA): 2.5%; Sector median 0.6%
Current ratio: 0.75×; Sector median 0.93×
Debt to equity: 7.0%; Sector median 60.7%
Asset turnover: 1.19×; Sector median 1.01×
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 28 companies in the sector with the figure for their latest fiscal year.

SANSM financial ratios (annual) (Rs mn)
Rs mn	FY2025 Oct 2024 – Sep 2025	FY2024 Oct 2023 – Sep 2024	FY2023 Oct 2022 – Sep 2023	FY2022 Oct 2021 – Sep 2022	FY2021 Oct 2020 – Sep 2021	FY2020 Oct 2019 – Sep 2020	FY2019 Oct 2018 – Sep 2019	FY2018 Oct 2017 – Sep 2018	FY2017 Oct 2016 – Sep 2017	FY2016 Oct 2015 – Sep 2016	FY2015 Oct 2014 – Sep 2015	FY2014 Oct 2013 – Sep 2014	FY2013 Oct 2012 – Sep 2013	FY2012 Oct 2011 – Sep 2012	FY2011 Oct 2010 – Sep 2011	FY2010 Oct 2009 – Sep 2010	FY2009 Oct 2008 – Sep 2009	FY2008 Oct 2007 – Sep 2008	FY2007 Oct 2006 – Sep 2007
Profitability
Gross margin	9.5%	6.3%	13.3%	9.3%	1.0%	5.3%	4.8%	2.9%	(2.7%)	5.4%	9.0%	6.7%	5.4%	6.5%	16.4%	14.1%	13.4%	12.6%	6.7%
EBITDA margin	8.5%	5.7%	12.1%	8.2%	1.9%	6.8%	6.5%	6.9%	(4.0%)	4.4%	8.2%	5.5%	4.9%	4.5%	12.6%	11.5%	10.7%	10.2%	5.0%
Operating margin	5.9%	2.3%	7.2%	4.6%	(3.2%)	1.7%	0.8%	4.3%	(6.4%)	2.1%	6.0%	4.2%	3.4%	3.1%	10.6%	10.5%	9.0%	8.6%	2.2%
Pre-tax margin	3.6%	(2.9%)	1.8%	1.8%	(0.6%)	(3.4%)	(5.4%)	0.7%	(10.1%)	0.4%	3.1%	1.1%	0.5%	(0.0%)	4.3%	7.9%	6.9%	7.2%	(1.2%)
Net margin	2.1%	(2.6%)	2.7%	0.0%	(1.0%)	(4.0%)	(3.6%)	0.6%	(11.1%)	0.5%	2.0%	0.3%	0.2%	(0.2%)	2.5%	2.2%	4.0%	3.4%	(1.9%)
Effective tax rate	41.9%	—	(50.0%)	97.7%	—	—	—	21.9%	—	(26.2%)	36.1%	75.8%	51.6%	—	41.3%	72.4%	41.9%	53.0%	—
Returns
Return on equity (ROE)	5.7%	(7.0%)	5.2%	0.1%	(2.7%)	(10.2%)	(7.7%)	2.0%	(40.1%)	1.6%	6.9%	1.3%	1.4%	(1.3%)	8.9%	20.2%	34.2%	46.9%	—
Return on assets (ROA)	2.5%	(2.7%)	2.0%	0.0%	(0.8%)	(3.4%)	(2.6%)	0.5%	(10.4%)	0.6%	3.1%	0.6%	0.5%	(0.3%)	2.5%	7.9%	9.5%	9.8%	—
Return on invested capital (ROIC)	7.4%	—	13.3%	0.2%	—	—	—	4.2%	—	4.7%	8.1%	3.2%	5.7%	—	12.7%	23.7%	27.9%	19.8%	—
Liquidity
Current ratio	0.75×	0.78×	0.69×	0.64×	0.56×	0.41×	0.47×	0.60×	0.70×	0.91×	1.13×	0.98×	1.03×	0.99×	1.01×	1.34×	0.87×	1.00×	0.75×
Quick ratio	0.31×	0.13×	0.19×	0.12×	0.18×	0.21×	0.09×	0.15×	0.08×	0.26×	0.14×	0.27×	0.26×	0.41×	0.05×	0.62×	0.31×	0.41×	0.44×
Leverage
Debt to equity	7.0%	53.8%	4.9%	42.0%	96.7%	68.2%	85.7%	105.5%	309.8%	110.8%	53.3%	68.9%	21.4%	104.9%	100.9%	30.0%	52.8%	161.7%	319.3%
Debt to capital	6.5%	35.0%	4.7%	29.6%	49.2%	40.5%	46.2%	51.3%	75.6%	52.6%	34.8%	40.8%	17.6%	51.2%	50.2%	23.1%	34.6%	61.8%	76.2%
Debt to assets	3.6%	19.3%	2.0%	15.5%	27.1%	22.6%	28.8%	34.5%	57.1%	39.5%	24.1%	30.1%	8.7%	30.0%	22.2%	14.6%	15.6%	41.1%	52.1%
Assets to equity	2.25×	2.60×	2.57×	3.02×	3.29×	2.99×	3.02×	3.77×	3.85×	2.51×	2.25×	2.36×	2.98×	4.03×	3.51×	2.57×	3.61×	4.80×	—
Efficiency
Asset turnover	1.19×	1.05×	0.76×	0.84×	0.79×	0.84×	0.72×	0.95×	0.94×	1.31×	1.54×	2.09×	1.88×	1.51×	1.00×	3.59×	2.38×	2.89×	—
Receivable days days	15	18	25	27	35	21	25	21	17	13	12	11	30	26	19	13	13	10	—
Inventory days days	65	95	128	112	73	63	105	111	125	86	76	51	62	127	224	24	31	14	—
Payable days days	79	125	197	149	137	112	102	59	46	36	27	34	29	1	3	1	1	2	—
Cash conversion cycle days	1	(12)	(44)	(10)	(29)	(28)	27	72	96	62	62	28	63	152	240	36	43	22	—
Dividends
Dividend payout ratio	0.0%	—	0.0%	0.0%	—	—	—	0.0%	—	171.2%	0.0%	0.0%	0.0%	—	0.0%	20.3%	0.0%	0.0%	—
Earnings retention rate	1.00×	—	1.00×	1.00×	—	—	—	1.00×	—	(0.71×)	1.00×	1.00×	1.00×	—	1.00×	0.80×	1.00×	1.00×	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

SANSM: frequently asked questions

What is SANSM's EPS?

Sanghar Sugar Mills Limited reported basic earnings per share of Rs 11.94 for FY2025 (Oct 2024 – Sep 2025).

What is SANSM's P/E ratio?

At the closing price of Rs 119.02 on 16 Oct 2026, SANSM trades at a P/E of 10.0× based on EPS of Rs 11.94 (FY2025).

Does SANSM pay dividends?

Sanghar Sugar Mills Limited did not declare a cash dividend for FY2025.

What was SANSM's revenue and profit in FY2025?

Sanghar Sugar Mills Limited reported revenue of Rs 6.7 bn and profit attributable to shareholders of Rs 142.7 mn for FY2025 (Oct 2024 – Sep 2025).

What is SANSM's book value per share?

Sanghar Sugar Mills Limited's book value per share was Rs 261.42 at the end of FY2025. The shares trade at 0.46× book value.

Information only, not investment advice.