ADAMS Adam Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 67.20 0.00%
Annual · FY2012 – FY2025
Adam Sugar Mills Limited (ADAMS) financial ratios
Adam Sugar Mills Limited earned a net margin of 0.4% in FY2025 against a five-year average of 2.6% (Sugar & Allied Industries median 0.6%). Return on equity was 0.9%, compared with a sector median of 2.0%. The current ratio stood at 1.08× and debt was 28.9% of equity. Cash took about 74 days to cycle through receivables, inventory and payables.
FY2025 vs the Sugar & Allied Industries median
- Gross margin
- 6.6%
- Sector median 9.9%
- Operating margin
- 4.2%
- Sector median 6.4%
- Net margin
- 0.4%
- Sector median 0.6%
- Return on equity (ROE)
- 0.9%
- Sector median 2.0%
- Return on assets (ROA)
- 0.5%
- Sector median 0.6%
- Current ratio
- 1.08×
- Sector median 0.93×
- Debt to equity
- 28.9%
- Sector median 60.7%
- Asset turnover
- 1.14×
- Sector median 1.01×
- Dividend payout ratio
- 56.2%
- Sector median 0.0%
Median of the 28 companies in the sector with the figure for their latest fiscal year.
| 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 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||
| Gross margin | 6.6% | 11.5% | 11.8% | 13.1% | 14.2% | |||||||||
| EBITDA margin | 6.8% | 12.3% | 12.8% | 14.1% | 17.9% | |||||||||
| Operating margin | 4.2% | 8.8% | 7.8% | 9.9% | 10.2% | |||||||||
| Pre-tax margin | 0.8% | 1.3% | 2.4% | 6.0% | 6.1% | |||||||||
| Net margin | 0.4% | 0.7% | 2.2% | 2.9% | 6.8% | |||||||||
| Effective tax rate | 48.3% | 49.1% | 11.0% | 51.0% | (11.9%) | |||||||||
| Returns | ||||||||||||||
| Return on equity (ROE) | 0.9% | 1.0% | 2.5% | 4.0% | 5.2% | |||||||||
| Return on assets (ROA) | 0.5% | 0.6% | 1.5% | 2.4% | 3.3% | |||||||||
| Return on invested capital (ROIC) | 2.6% | 4.6% | 6.2% | 4.7% | 6.6% | |||||||||
| Liquidity | ||||||||||||||
| Current ratio | 1.08× | 1.04× | 1.12× | 0.93× | 0.95× | |||||||||
| Quick ratio | 0.55× | 0.18× | 0.12× | 0.25× | 0.65× | |||||||||
| Leverage | ||||||||||||||
| Debt to equity | 28.9% | 58.1% | 20.0% | 30.0% | 27.5% | |||||||||
| Debt to capital | 22.5% | 36.7% | 16.6% | 23.1% | 21.6% | |||||||||
| Debt to assets | 17.3% | 29.0% | 12.4% | 17.5% | 17.5% | |||||||||
| Assets to equity | 1.84× | 1.80× | 1.65× | 1.65× | 1.59× | |||||||||
| Efficiency | ||||||||||||||
| Asset turnover | 1.14× | 0.83× | 0.69× | 0.84× | 0.48× | |||||||||
| Receivable days days | 21 | 14 | 15 | 25 | 57 | |||||||||
| Inventory days days | 78 | 139 | 129 | 67 | 53 | |||||||||
| Payable days days | 26 | 49 | 71 | 44 | 65 | |||||||||
| Cash conversion cycle days | 74 | 104 | 72 | 48 | 44 | |||||||||
| Dividends | ||||||||||||||
| Dividend payout ratio | 56.2% | 111.6% | 58.9% | 21.8% | 35.3% | |||||||||
| Earnings retention rate | 0.44× | (0.12×) | 0.41× | 0.78× | 0.65× | |||||||||
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.
ADAMS: frequently asked questions
What is ADAMS's EPS?
Adam Sugar Mills Limited reported basic earnings per share of Rs 2.67 for FY2025 (Oct 2024 – Sep 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs -5.93.
Does ADAMS pay dividends?
Yes. Adam Sugar Mills Limited declared a dividend of Rs 4.00 per share for FY2025. It has paid a dividend in each of the last 6 years. At Rs 67.20 that is a dividend yield of 6.0%.
What was ADAMS's revenue and profit in FY2025?
Adam Sugar Mills Limited reported revenue of Rs 10.8 bn and profit attributable to shareholders of Rs 46.1 mn for FY2025 (Oct 2024 – Sep 2025).
What is ADAMS's book value per share?
Adam Sugar Mills Limited's book value per share was Rs 294.81 at the end of FY2025. The shares trade at 0.19× book value.
Information only, not investment advice.