Ansari Sugar Mills Limited (ANSM) financial ratios

Ansari Sugar Mills Limited earned a net margin of -86.3% in FY2025 against a five-year average of -81.1% (Sugar & Allied Industries median 0.6%). Return on equity was -42.5%, compared with a sector median of 2.0%. The current ratio stood at 0.52× and debt was 167.8% of equity. Cash took about 849 days to cycle through receivables, inventory and payables.

FY2025 vs the Sugar & Allied Industries median

Gross margin: 16.8%; Sector median 9.9%
Operating margin: 7.2%; Sector median 6.4%
Net margin: -86.3%; Sector median 0.6%
Return on equity (ROE): -42.5%; Sector median 2.0%
Return on assets (ROA): -9.9%; Sector median 0.6%
Current ratio: 0.52×; Sector median 0.93×
Debt to equity: 167.8%; Sector median 60.7%
Asset turnover: 0.11×; Sector median 1.01×

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

ANSM 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	FY2006 Oct 2005 – Sep 2006
Profitability
Gross margin	16.8%	29.7%	29.1%	25.8%	32.1%	32.5%	14.4%	26.7%	22.0%	21.7%	16.6%	16.8%	6.8%	(3.9%)	9.1%	0.3%	7.4%	0.9%	(0.3%)	14.8%
EBITDA margin	13.6%	28.7%	36.6%	34.1%	36.3%	32.0%	20.7%	38.2%	21.0%	21.3%	15.6%	21.3%	8.2%	(2.1%)	10.8%	1.8%	7.5%	(0.0%)	(1.3%)	14.1%
Operating margin	7.2%	18.2%	20.2%	19.8%	17.9%	4.4%	2.4%	16.4%	17.4%	17.1%	12.2%	10.9%	2.5%	(8.2%)	5.7%	(1.6%)	4.3%	(3.1%)	(4.4%)	10.9%
Pre-tax margin	(33.5%)	(129.9%)	(123.4%)	(41.4%)	(86.0%)	(341.6%)	(136.3%)	(7.3%)	0.6%	0.7%	15.9%	3.2%	1.6%	(27.1%)	(9.4%)	(6.4%)	33.5%	(3.8%)	(5.3%)	9.9%
Net margin	(86.3%)	(119.8%)	(105.9%)	(30.2%)	(63.3%)	(249.2%)	(158.5%)	(12.1%)	1.3%	1.2%	14.9%	(15.7%)	5.6%	(27.1%)	(8.3%)	(3.6%)	37.2%	(3.8%)	(6.3%)	9.4%
Effective tax rate	—	—	—	—	—	—	—	—	(112.0%)	(83.9%)	6.3%	597.0%	(246.2%)	—	—	—	(11.1%)	—	—	5.1%
Returns
Return on equity (ROE)	(42.5%)	(38.2%)	(96.3%)	(23.8%)	(17.1%)	(23.7%)	(28.8%)	(7.2%)	1.0%	1.0%	22.5%	(20.1%)	18.5%	(75.6%)	(19.1%)	(13.7%)	254.8%	—	(234.8%)	—
Return on assets (ROA)	(9.9%)	(7.2%)	(7.6%)	(3.2%)	(2.9%)	(5.0%)	(7.6%)	(2.1%)	0.3%	0.3%	4.8%	(4.2%)	3.2%	(10.7%)	(4.7%)	(3.8%)	31.2%	(4.6%)	(7.9%)	—
Return on invested capital (ROIC)	—	—	—	—	—	—	—	—	10.6%	10.0%	13.3%	(48.3%)	31.5%	—	—	—	53.3%	—	—	—
Liquidity
Current ratio	0.52×	0.58×	0.63×	0.72×	0.82×	0.97×	1.27×	1.67×	1.62×	1.70×	0.87×	0.82×	1.02×	0.87×	0.96×	1.15×	1.92×	0.88×	0.50×	0.60×
Quick ratio	0.15×	0.20×	0.23×	0.27×	0.33×	0.38×	0.52×	0.76×	0.82×	0.68×	0.32×	0.32×	0.66×	0.30×	0.25×	0.56×	0.87×	0.52×	0.31×	0.34×
Leverage
Debt to equity	167.8%	108.8%	1,184.0%	414.4%	326.3%	275.2%	217.2%	187.6%	178.7%	151.0%	242.0%	350.0%	278.3%	740.1%	371.8%	160.4%	252.7%	—	—	892.0%
Debt to capital	62.7%	52.1%	92.2%	80.6%	76.5%	73.4%	68.5%	65.2%	64.1%	60.2%	70.8%	77.8%	73.6%	88.1%	78.8%	61.6%	71.6%	109.2%	100.4%	89.9%
Debt to assets	30.6%	30.9%	48.0%	48.5%	49.9%	50.9%	50.7%	54.4%	53.3%	50.2%	58.4%	65.0%	63.7%	72.1%	69.8%	51.8%	55.3%	54.8%	63.2%	60.9%
Assets to equity	4.29×	5.30×	12.72×	7.42×	5.93×	4.78×	3.80×	3.40×	3.18×	3.39×	4.69×	4.84×	5.86×	7.08×	4.10×	3.59×	8.17×	—	29.69×	—
Efficiency
Asset turnover	0.11×	0.06×	0.07×	0.11×	0.05×	0.02×	0.05×	0.18×	0.24×	0.25×	0.32×	0.27×	0.57×	0.39×	0.56×	1.07×	0.84×	1.22×	1.26×	—
Receivable days days	46	122	80	19	123	411	192	307	329	215	136	211	116	135	77	43	77	62	35	—
Inventory days days	980	2,463	2,467	1,506	3,660	8,245	2,581	760	502	485	338	317	148	299	183	50	85	45	37	—
Payable days days	176	415	391	250	546	1,179	342	138	101	71	39	42	41	45	3	3	32	70	81	—
Cash conversion cycle days	849	2,169	2,155	1,275	3,235	7,473	2,429	928	730	629	434	486	223	388	257	91	129	37	(10)	—
Dividends
Dividend payout ratio	—	—	—	—	—	—	—	—	0.0%	0.0%	0.0%	—	0.0%	—	—	—	0.0%	—	—	9.5%
Earnings retention rate	—	—	—	—	—	—	—	—	1.00×	1.00×	1.00×	—	1.00×	—	—	—	1.00×	—	—	0.90×

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.

ANSM: frequently asked questions

What is ANSM's EPS?

Ansari Sugar Mills Limited reported basic earnings per share of Rs -25.72 for FY2025 (Oct 2024 – Sep 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs -27.26.

What was ANSM's revenue and profit in FY2025?

Ansari Sugar Mills Limited reported revenue of Rs 1.7 bn and profit attributable to shareholders of -Rs 1.4 bn for FY2025 (Oct 2024 – Sep 2025).

What is ANSM's book value per share?

Ansari Sugar Mills Limited's book value per share was Rs 47.59 at the end of FY2025. The shares trade at 0.46× book value.

Information only, not investment advice.