Sanstar
- Market cap
- ₹ 1,807 Cr.
- P/E
- 52.5x
- P/B
- 2.51x
- 52-week range
- 74.3 – 137.49
- ROE
- 5%
- ROCE
- 6%
- Dividend yield
- 0%
- Debt / equity
- 0.03
- Sector
- Agricultural Food & other Products
- Industry
- Other Agricultural Products
- Listed on
- NSE, BSE
About
Sanstar Limited is an India-based company. The Company manufactures plant-based specialty products and ingredient solutions in India for food, animal nutrition and other industrial applications. Its products include Native Maize Starch, Liquid Glucose, Maltodextrin, Adhesives, High Maltose Corn Syrup, Dextrose Monohydrate, Corn Gluten Meal 60%, Modified Starch, Sorbitol, Corn Fiber, Corn Gluten Feed 18%, Corn Germs, Corn Steep Liquor, Maize Gluten Meal and others. Native Maize Starch is a cereal starch which has a low ash and protein content and is used in textile sizing, textile finishing, paper sizing, and others. Liquid Glucose is manufactured by subjecting starch to high temperature in presents of acids and is used in the confectionery & ice-cream industry, pharmaceutical industry, bakery industry, tanning industry, tobacco industry, and packaging. Maltodextrin is manufactured by liquification of starch controlling the dextrose equivalent (DE) value not exceeding 44.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Agricultural Products: 90 companies →Sanstar against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)52.5 against a typical 15.2: pricier than most peers (1st = cheapest).73rd of 88
- Sales growth+21.5% against a typical +19.1% from a year earlier.31st of 68
- Share price, 3 months−17.7% against a typical −1.7%.64th of 81
- Size₹ 1,807.4 Cr. market value against a typical ₹ 63 Cr. (1st = largest).7th of 85
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB+ / CARE A2 | Stable | 6 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Apr 2026 | Reaffirmed | CARE BBB+ / CARE A2 | — | CARE | ₹ 113.75 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 May 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 23 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results | Consideration And Approval Of Unaudited Standalone Financial Results Of The Company For The Third Quarter And Nine Months Ended 31St December, 2025 And Other Business |
| 14 Nov 2025 | Financial Results | to consider and approve Unaudited Standalone Financial Results Of The Company For The Second Quarter And Half Year Ended 30Th September, 2025 And Other Business |
| 14 Aug 2025 | Financial Results | To consider and approve the Unaudited Standalone Financial Results of the Company for the first quarter ended 30th June, 2025 and other Business. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 249 | 269 | 256 | 303 | 206 | 220 | 227 | 170 | 196 | 202 | 217 | 206 |
| Expenses | 225 | 242 | 232 | 275 | 194 | 201 | 227 | 171 | 195 | 184 | 197 | 191 |
| Operating Profit | 24 | 27 | 24 | 27 | 11 | 19 | 0 | −1 | 1 | 18 | 19 | 15 |
| OPM % | 9.5% | 10.2% | 9.3% | 9.1% | 5.6% | 8.5% | 0.1% | −0.6% | 0.7% | 8.9% | 8.9% | 7.5% |
| Other Income | 5 | 6 | 3 | 1 | 4 | 6 | 5 | 3 | 2 | 3 | 3 | 3 |
| Interest | 3 | 2 | 3 | 4 | 2 | 1 | 1 | 1 | 1 | 1 | −0 | 0 |
| Depreciation | 4 | 2 | 3 | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | 5 |
| Profit before tax | 21 | 29 | 21 | 22 | 10 | 21 | 2 | −1 | 1 | 18 | 20 | 13 |
| Tax % | 30.5% | 25% | 22.5% | 23.3% | 25.3% | 33.6% | −178.8% | −55.8% | 31.5% | 23.4% | −0.2% | 26.6% |
| Net Profit | 15 | 22 | 16 | 17 | 8 | 14 | 6 | −0 | 1 | 14 | 20 | 9 |
| EPS in Rs | 5.01 | 1.56 | 1.15 | 1.17 | 0.41 | 0.78 | 0.3 | −0.02 | 0.03 | 0.75 | 1.12 | 0.46 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 1%
- TTM
- 0%
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- −5%
- TTM
- 63%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 13%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sanstar | ₹ 91.81 | ₹ 1,807 Cr. | 52.5x | 2.5x | 5% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Gouthamchand Sohanlal Chowdhary
- Executive Chairman of the Board, Managing Director
- Harishkumar Shisupaldas Maheshwary
- Chief Financial Officer
- Shreyans Gautamchand Chowdary
- Joint Managing Director, Executive Director
- Sambhav Gautamchand Chowdhary
- Joint Managing Director, Executive Director
- Fagun Harsh Shah
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.