Company Overview
Sanstar Limited manufactures and sells plant-based specialty products and ingredient solutions in India and internationally. The company offers liquid glucose products, dried glucose solids, maltodextrin powders, dextrose monohydrates, native starches, modified starches, and co-products, such as germs, gluten, fiber, and enriched protein products, and others. It also provides native maize starch, adhesives, high maltose corn syrup, corn gluten meal, sorbitol, corn fiber and gluten feed, corn germs, corn steep liquor, and maize gluten meal. Its products are used for food and confectionery, pharma, paper, textile, industrial, packaging, personal care, animal nutrition, and cosmetics applications. The company was formerly known as Continental Papers Limited and changed its name to Sanstar Limited in April 2012. Sanstar Limited was incorporated in 1982 and is based in Ahmedabad, India.
Recent Developments
- Mar 2026 Revenue of ₹784.63 Cr (-18.1% YoY); net profit ₹34.45 Cr.
- Trailing 12 Months Year-on-year growth — revenue +22.1%, earnings -21.3%.
- 5-Year Trend Long-term compounding — revenue CAGR -13.3%, profit CAGR -6.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -13.33% |
| 1 Year: | 22.10% |
Compounded Profit Growth
| 5 Years: | -6.25% |
| 1 Year: | -21.35% |
Stock Price Performance
| 1 Year: | +9.15% |
| 6 Months: | +4.47% |
| 3 Months: | -13.73% |
| 1 Month: | -20.61% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)28.39 · Oversold
P/E of 38.28 is above the sector median of 21.09 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -13.3% CAGR over 5 years.
- Earnings shrank at -6.2% CAGR over 5 years.
- Trading 27.9% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SANSTAR Sanstar Limited NSEINFRA | 91.86 | 38.28 | ₹1,839.67 Cr | 0.00% | 5.39% | 4.96% | -13.33% | -6.25% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,849.00 | 37.39 | ₹3.19 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,222.90 | 12.07 | ₹2.99 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,319.40 | 46.14 | ₹2.22 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 525.00 | 13.00 | ₹2.22 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.45 | 19.49 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 892.85 | 12.11 | ₹1.98 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,889.10 | 34.46 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,259.00 | 87.52 | ₹1.74 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Jun 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 304.00 Cr | 291.00 Cr | - | - | 226.92 Cr | 16.89 Cr | 196.43 Cr | 201.76 Cr | 216.78 Cr |
| Cost of Revenue | - | - | - | - | 179.37 Cr | 12.85 Cr | 147.73 Cr | 129.91 Cr | 142.29 Cr |
| Gross Profit | - | - | - | - | 47.55 Cr | 4.04 Cr | 48.70 Cr | 71.85 Cr | 74.49 Cr |
| Operating Expenses | 281.00 Cr | 263.00 Cr | - | - | 50.06 Cr | 4.44 Cr | 49.74 Cr | 56.36 Cr | 57.63 Cr |
| Operating Income | 21.00 Cr | 24.00 Cr | - | - | -2.51 Cr | -40.90 L | -1.04 Cr | 15.49 Cr | 16.86 Cr |
| EBITDA | 23.00 Cr | 27.00 Cr | - | - | 5.43 Cr | 22.20 L | 3.83 Cr | 20.82 Cr | 23.28 Cr |
| Interest Expense | 3.00 Cr | 4.00 Cr | - | - | 82.00 L | 6.30 L | 52.00 L | 57.00 L | 35.00 L |
| Pretax Income | 18.00 Cr | 22.00 Cr | - | - | 1.98 Cr | -7.60 L | 92.00 L | 17.85 Cr | 20.44 Cr |
| Tax Provision | 4.14 Cr | 5.06 Cr | - | - | -3.54 Cr | -4.30 L | 29.00 L | 4.18 Cr | -5.00 L |
| Net Income | 14.00 Cr | 17.00 Cr | - | - | 5.52 Cr | -3.30 L | 63.00 L | 13.67 Cr | 20.49 Cr |
| Diluted EPS | 4.78 | 1.18 | - | - | 0.33 | -0.02 | 0.03 | 0.75 | 1.12 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 1,205.07 Cr | 1,078.83 Cr | 957.45 Cr | 784.63 Cr |
| Cost of Revenue | - | 1,100.13 Cr | 935.54 Cr | 709.14 Cr | 548.43 Cr |
| Gross Profit | - | 104.94 Cr | 143.28 Cr | 248.31 Cr | 236.20 Cr |
| Operating Expenses | - | 44.34 Cr | 57.23 Cr | 199.76 Cr | 208.17 Cr |
| Operating Income | - | 60.59 Cr | 86.05 Cr | 48.55 Cr | 28.03 Cr |
| EBITDA | - | 75.92 Cr | 111.30 Cr | 74.01 Cr | 49.44 Cr |
| Interest Expense | - | 8.68 Cr | 9.48 Cr | 7.53 Cr | 1.37 Cr |
| Pretax Income | - | 55.39 Cr | 89.72 Cr | 55.03 Cr | 38.44 Cr |
| Tax Provision | - | 13.58 Cr | 22.96 Cr | 11.23 Cr | 3.99 Cr |
| Net Income | - | 41.80 Cr | 66.77 Cr | 43.80 Cr | 34.45 Cr |
| Diluted EPS | - | 2.29 | 3.66 | 2.58 | 1.89 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 368.35 Cr | 527.56 Cr | 757.53 Cr | 803.04 Cr |
| Current Assets | - | 169.47 Cr | 303.50 Cr | 448.57 Cr | 355.28 Cr |
| Cash & Equivalents | - | 6.27 Cr | 3.16 Cr | 120.73 Cr | 23.61 Cr |
| Inventory | - | 26.53 Cr | 114.03 Cr | 55.92 Cr | 42.12 Cr |
| Receivables | - | 91.20 Cr | 117.51 Cr | 102.99 Cr | 94.82 Cr |
| Total Liabilities | - | 181.22 Cr | 273.80 Cr | 98.39 Cr | 109.01 Cr |
| Current Liabilities | - | 121.31 Cr | 211.14 Cr | 49.88 Cr | 64.64 Cr |
| Long Term Debt | - | 34.28 Cr | 30.92 Cr | 14.74 Cr | 9.96 Cr |
| Total Debt | - | 111.70 Cr | 127.64 Cr | 27.07 Cr | 19.90 Cr |
| Total Equity | - | 187.13 Cr | 253.76 Cr | 659.14 Cr | 694.03 Cr |
| Shares Outstanding | - | 18.22 Cr | 18.22 Cr | 18.22 Cr | 18.22 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -6.02 Cr | 29.68 Cr | 38.72 Cr | 89.90 Cr |
| Investing Cash Flow | - | -71.39 Cr | -37.99 Cr | -174.60 Cr | -178.50 Cr |
| Financing Cash Flow | - | 83.03 Cr | 5.20 Cr | 253.45 Cr | -8.52 Cr |
| Capital Expenditure | - | -74.65 Cr | -41.32 Cr | -92.31 Cr | -146.18 Cr |
| Free Cash Flow | - | -80.67 Cr | -11.64 Cr | -53.59 Cr | -56.28 Cr |
| Net Change in Cash | - | 5.63 Cr | -3.11 Cr | 117.57 Cr | -97.12 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 8.7% | 13.3% | 25.9% | 30.1% |
| Operating Margin % | - | 5.0% | 8.0% | 5.1% | 3.6% |
| Net Margin % | - | 3.5% | 6.2% | 4.6% | 4.4% |
| ROE % | - | 22.3% | 26.3% | 6.6% | 5.0% |
| ROCE % | - | 24.5% | 27.2% | 6.9% | 3.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SANSTAR
Assessing Ingredion (INGR) Valuation After Sanstar Joint Venture Expands Indian Specialty Ingredient Push - Yahoo Finance
<a href="https://news.google.com/rss/articles/CBMiqwFBVV95cUxNdjliTVdSZDkxbnZHcVhuM0RhckMxRGItbExONkVxZTZBMFh3M1A2bWdpXzJjbDdiMm02ejN2Mmxxd1d1ZEFRMjlxVk1MY0M2YThORk12M3Q5YUtDZXRHRTUxb01SdC1hZUxuSGNsTkRMTlI1M1ZCQlNYdEVQNzdKR205T2pSd0JCS0NaZm…
Ingredion expands India presence through joint venture and equity investment in Sanstar - FoodBev Media
<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxPSU5IZVVhSGNYRTN3U1dfWGZiXzlDMmRONG9Ic3FLWXp6QjdOSXhhblA2d3ZZTzEyby13SEo0SV84ZzNwTGliWXJpNEcxbTc2U28xQVJ4MUhTbTFlaWVvWURRREtvU2JUZzNtdWRVUlZHVUExY2xZVVNFd19WV1VxLXJjVW85c18xdU51Zl…
Sanstar To Consider Fund Raising Via Issue Of Equity Shares Or Other Securities - TradingView
<a href="https://news.google.com/rss/articles/CBMi4wFBVV95cUxQcGllaUNSZnY5X2VrTEhjYlFUczlPZ1M4MTRLQ0VRWWV6NWVqdjNqVU5YMUdIbUFWa0diQUhDMkk0bnJPNHhiQ1EwM21XZjdia1YxX0pBR2hUOUNWMnhJQVBqTE9lcVJmS0l1UUhaRlY1MTVCNGR2Y0xUYm1pVVY4eTlpZjJwMDlwTVA5Rn…
US-based Ingredion to invest Rs 198cr in Sanstar, set up JV - The Times of India
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxPRmtmUFVlZzJ1OHVTN1BETnFLZUhUZE8tRHVUNmF6OTcxSUxod2V5V25lN1hlUTY4M1FkMWUxeTVBNkhlNXlwV0diRXVwNm5aWlFoeEFKMGU0UE9CVGEwNXNtc3huckdSdGZGZG51XzZXVFhfT1pzeHQ0ZGNfcE91aTRYRkVwd0tJOUNfOF…
Sanstar Stock Prediction 2026: Analyst Forecast and Analysis - Univest
<a href="https://news.google.com/rss/articles/CBMiZEFVX3lxTFBUM0tZZUFZcHdfWlYyNG5uOUg1a1VXMFpuejFjSTBIMDVYbEx6Z0lmVG5RYUhRRDh2S2lJV01UV2pRdl96Zjk1OU1PeFhrTThxZXlDaWFyZjc1MGZKXzN5MU5PTTk?oc=5" target="_blank">Sanstar Stock Prediction 2026: A…
Sanstar AGM approves MD, JMD re-appointments for five-year term - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxQNGl0LU1YTWJDWU1TcVdrdnR2NmZlMjBXWHN3bnhhVWt6SEFHOXI1aHMyZ2FtUnhmeTlVQmFjTHhPYkRaZHZRcUstNkpkTmc5Nzl3SDVMZ094Q3pBUUh5UjJoaVdncjdrOU1xdnYycjdpbTd1cllLQzZJNjl3eEJUSXVmRlM2NzZleFZSSH…
SANSTAR — Frequently Asked Questions
What is the current share price of Sanstar Limited (SANSTAR)?
As of 2026-10-23 04:58 IST, Sanstar Limited (SANSTAR) trades at ₹91.86 on NSE. Its 52-week range is ₹75.78 to ₹127.43.
What is the market capitalisation of SANSTAR?
Sanstar Limited (SANSTAR) has a market capitalisation of ₹1,839.67 Cr on NSE.
What is the P/E ratio of SANSTAR?
SANSTAR trades at a trailing price-to-earnings (P/E) ratio of 38.28. The industry average P/E is 21.09. Its price-to-book (P/B) ratio is 2.68.
What is the return on equity (ROE) of SANSTAR?
SANSTAR has a return on equity (ROE) of 4.96%. Its return on capital employed (ROCE) is 5.39%.
Is SANSTAR a good stock to buy?
This page provides a data-driven analysis of Sanstar Limited (SANSTAR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.