The Andhra Sugars Limited (ANDHRSUGAR) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of The Andhra Sugars Limited stock ₹124, price ₹81.85, upside +50.9%, quality 70 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range ₹64.92 – ₹163.37 · fair‑value band ₹92.65 – ₹154.41 · the ₹81.85 price screens below the ₹123.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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The Andhra Sugars Limited, together with its subsidiaries, manufactures and sells organic and inorganic chemicals in India. It operates through Sugars, Chlor Alkali, Power Generation, Industrial Chemicals, and Others segments.
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The company offers chemicals and fertilizers, including poly aluminum chlorides, super phosphates, sulphuric acids, hydrogen gases, sodium hypochlorite, hydrochloric acids, liquid chlorine, potassium carbonates, caustic potash, ethanol, rectified spirits/industrial alcohol, and caustic soda.
It also provides sugar products. In addition, it provides aspirin products, including salicylic acids, sodium salicylate, aspirin starch granules, and acetylsalicylic acids, as well as aspirin IP, USP, and BP products.
Further, the company offers soaps, glycerin, fatty acids, liquid and solid propellants, and bulk drugs; and liquid hydrogen, UH 25 and MMH, and HTPB products. Additionally, it engages in power generation through coal, wind, and solar resources. The company exports its products.
The Andhra Sugars Limited was incorporated in 1947 and is based in Tanuku, India.
Stock analysis
The Andhra Sugars Limited (ANDHRSUGAR) currently trades at ₹81.85, while our model-based Fair Value estimate is ₹123.53, implying the stock looks roughly 34% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ₹166.58 per share, and 18 of the 26 models we run sit above the ₹81.85 price.
Bear case: the Asset-Based group reads lowest at ₹35.06, and 8 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹92.65 (bear) to ₹154.41 (bull), the price of ₹81.85 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
The Andhra Sugars Limited reported revenue of ₹24.7B in FY2026 versus ₹19.5B in FY2022, a compound +6.0%/yr. Reported net income was ₹832M in FY2026, compounding −23.4%/yr from FY2022.
Key figures
Market cap ₹11.1B (≈ $118M) Micro · P/E ratio 10.7 · P/S ratio 0.45 · EPS (TTM) ₹7.68 · Dividend yield 1.5% · Net margin 4.2% · Return on equity 5.0% · Return on assets (EBIT) 5.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (medium confidence).
What moves the price
The share trades about 21% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −29% fair-value upside, at 51%, ANDHRSUGAR screens cheaper than that median.
Fair Value models
Bear₹92.65Fair Value ₹123.53Bull₹154.41
Price ₹81.85 · Upside +50.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹3.99 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF₹137.06₹187.24₹248.7281
Growth DCF₹136.44₹179.03₹227.8080
Owner Earnings₹115.82₹157.93₹209.5177
All 26 models by family
DCF Models
FCF DCF₹137.06₹187.24₹248.7281
Owner Earnings₹115.82₹157.93₹209.5177
5Y Revenue Exit₹107.51₹152.35₹207.7973
5Y EBITDA Exit₹119.74₹175.55₹239.5975
5Y P/E Exit₹103.09₹143.97₹185.9972
10Y Revenue Exit₹118.14₹157.70₹208.4268
10Y EBITDA Exit₹126.12₹170.77₹228.2169
10Y P/E Exit₹117.50₹152.97₹194.8565
Earnings-Based
Graham-Dodd₹41.75₹140.73₹188.6064
Lynch FV₹32.11₹45.87₹59.6361
PEG = 1.0₹32.11₹45.87₹59.6357
EPV₹47.63₹52.24₹55.9174
Dividend Discount
Gordon GGM₹5.21₹8.30₹10.3869
DDM Multi-Stage₹5.21₹7.90₹8.9667
Multiples
P/E Multiple₹78.29₹104.39₹130.4863
P/S Multiple₹78.29₹104.39₹130.4858
P/B Multiple₹73.53₹98.05₹122.5655
EV/EBIT₹99.39₹130.84₹162.2966
EV/EBITDA₹118.45₹156.25₹194.0567
EV/Revenue₹86.81₹121.86₹156.9054
Asset-Based
NCAV (Graham)₹23.14₹35.06₹43.8254
Growth DCF
Growth DCF₹136.44₹179.03₹227.8080
Rev-Margin DCF₹107.51₹154.12₹209.4773
Economic Profit
Residual Income₹76.98₹76.88₹81.6176
ROIC Compounder₹47.63₹52.24₹55.9172
Growth Earnings
Growth-Adj P/E₹68.42₹97.75₹127.0767
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+22.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.4%
Start year 2021 (pandemic). Over 10 years: +7.0% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−14.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.3%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−16.3% vs −0.2%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 5%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−19.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −22.9% a year for the price.
Compare The Andhra Sugars Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Chemicals · 354 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+50.9% · Top 25%
Profitability
Return on equity (12 months)5.0% · Below median
Return on assets3.8% · Above median
Net margin (12 months)4.2% · Below median
Operating margin (12 months)8.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)4.6% · Below median
Dividend yield (12 months)1.5% · Below median
Valuation Multiplesvs Chemicals median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "The Andhra Sugars Limited Fair Value". https://www.fairvalue-calculator.com/stock/ANDHRSUGAR
Frequently asked questions
Is The Andhra Sugars Limited (ANDHRSUGAR) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ₹123.53 versus a price of ₹81.85, about +51% upside (undervalued).
What is the fair value of ANDHRSUGAR?
Our model-based fair value for The Andhra Sugars Limited is ₹123.53 (as of Nov 8, 2026), built from audited fundamentals. The current price: ₹81.85.
What is the quality score of ANDHRSUGAR?
The Andhra Sugars Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Andhra Sugars Limited (ANDHRSUGAR)?
Our model-based price target is the fair value of ₹123.53 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario ₹92.65, optimistic scenario ₹154.41. It is a calculation from audited fundamentals, not an analyst target.
What is the The Andhra Sugars Limited stock forecast for 2026?
Our models put fair value at ₹123.53, about +51% upside versus a price of ₹81.85 (undervalued). Cautious scenario ₹92.65, optimistic scenario ₹154.41. The calculation is refreshed regularly with new filings.
What is the revenue of The Andhra Sugars Limited (ANDHRSUGAR)?
The Andhra Sugars Limited reported trailing-twelve-month revenue of about ₹24.9B (latest available figure, as of Nov 8, 2026).
Does The Andhra Sugars Limited pay a dividend?
The Andhra Sugars Limited currently shows a dividend yield of 1.47% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of The Andhra Sugars Limited (ANDHRSUGAR) and when is the ex-dividend date?
The Andhra Sugars Limited pays a dividend of ₹1.20 per share a year, a dividend yield of 1.5%. The last ex-dividend date was Sep 18, 2026. A dividend has been paid every year since at least 2002. The payout ratio is 15.6% of earnings. Free cash flow covers the dividend 14.25 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into The Andhra Sugars Limited (ANDHRSUGAR)?
For today's price to be fair in a discounted-cash-flow model, The Andhra Sugars Limited would have to grow free cash flow by -19.7 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.4 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ANDHRSUGAR use?
Our models discount The Andhra Sugars Limited at 13.9 %: a base by market capitalisation (micro), damped by beta 0.44, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For The Andhra Sugars Limited that is -19.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has The Andhra Sugars Limited (ANDHRSUGAR) delivered so far?
Over the past 5 years revenue at The Andhra Sugars Limited grew +10.4 % a year. The price currently implies free-cash-flow growth of -19.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of The Andhra Sugars Limited (ANDHRSUGAR) growing?
The median revenue growth in the sector is +8.7 % a year. That is the yardstick for the growth priced into The Andhra Sugars Limited (-19.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of The Andhra Sugars Limited (ANDHRSUGAR)?
The free-cash-flow yield on the price is 20.90 %: that much free cash flow The Andhra Sugars Limited produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of The Andhra Sugars Limited (ANDHRSUGAR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Andhra Sugars Limited it is ₹123.53 per share (as of Nov 8, 2026), against a price of ₹81.85. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is The Andhra Sugars Limited stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ANDHRSUGAR trades below its calculated fair value: price ₹81.85, fair value ₹123.53, a gap of about +51% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ANDHRSUGAR?
No. The price is what the market pays today (₹81.85); the fair value is what the company's own numbers justify (₹123.53). For The Andhra Sugars Limited the two are ₹41.68 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Andhra Sugars Limited worth?
The market values The Andhra Sugars Limited at about ₹11.1B (market capitalisation, as of Nov 8, 2026). Per share that is ₹81.85; our models calculate a fair value of ₹123.53 per share.
What do the bullish and bearish scenarios say about ANDHRSUGAR?
Our models span a range for The Andhra Sugars Limited: cautious scenario ₹92.65, base ₹123.53, optimistic ₹154.41 per share (as of Nov 8, 2026, price ₹81.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ANDHRSUGAR?
The Andhra Sugars Limited trades at a price-to-earnings ratio of 10.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹123.53 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2022 to 2026), reported earnings: 11.7. Other multiples: P/B 0.7, P/S 0.4, EV/EBITDA 4.5.
How solid is the balance sheet of The Andhra Sugars Limited (ANDHRSUGAR)?
Balance-sheet figures for The Andhra Sugars Limited (as of Nov 8, 2026): return on equity 5.0%. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is ANDHRSUGAR from its 52-week high?
The Andhra Sugars Limited trades at ₹81.85, about 21% below its 52-week high of ₹103.95 and 22% above the low of ₹67.05 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹123.53 is for.
Which stocks are comparable to The Andhra Sugars Limited?
From the same area (Basic Materials) we also value BASF SE, Dow Inc, Ningxia Baofeng Energy Group, Rongsheng Petrochemical Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is The Andhra Sugars Limited stock attractive at the current price?
The data as of Nov 8, 2026: price ₹81.85, calculated fair value ₹123.53 (+51%), Quality Score 70/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ANDHRSUGAR calculated?
We run The Andhra Sugars Limited through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ₹123.53 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. The Andhra Sugars Limited currently trades 34% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of The Andhra Sugars Limited (ANDHRSUGAR)?
The closing price on Nov 9, 2026 was ₹81.85. Our model-based fair value is ₹123.53, about +51% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Andhra Sugars Limited right now?
The price is below even our cautious bear case (₹92.65). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (70/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of The Andhra Sugars Limited (ANDHRSUGAR) come from?
Earnings per share at The Andhra Sugars Limited grew −3.7 % a year from 2016 to 2026. Broken into its drivers: revenue per share +6.3 %, EBIT margin −14.0 %, tax rate +1.2 %, residual (interest, one-offs) +4.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of The Andhra Sugars Limited
How large is the market capitalisation of The Andhra Sugars Limited (ANDHRSUGAR)?
The market capitalisation of The Andhra Sugars Limited is ₹11.1B (≈ $118M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of The Andhra Sugars Limited (ANDHRSUGAR)?
The price-to-sales ratio of The Andhra Sugars Limited is 0.45 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Andhra Sugars Limited (ANDHRSUGAR)?
Earnings per share at The Andhra Sugars Limited are ₹7.68 (price ÷ EPS = P/E 10.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of The Andhra Sugars Limited (ANDHRSUGAR)?
The dividend yield of The Andhra Sugars Limited is 1.5% (payout 15.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of The Andhra Sugars Limited (ANDHRSUGAR)?
The net margin of The Andhra Sugars Limited is 4.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of The Andhra Sugars Limited (ANDHRSUGAR)?
The return on equity (ROE) of The Andhra Sugars Limited is 5.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of The Andhra Sugars Limited (ANDHRSUGAR)?
On an EBIT basis the return on assets of The Andhra Sugars Limited is 5.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of The Andhra Sugars Limited (ANDHRSUGAR)?
The operating margin of The Andhra Sugars Limited is 8.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Andhra Sugars Limited (ANDHRSUGAR)?
Revenue at The Andhra Sugars Limited is growing +4.6% versus a year earlier (3y avg +1.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at The Andhra Sugars Limited (ANDHRSUGAR)?
Earnings per share at The Andhra Sugars Limited are growing +94.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does The Andhra Sugars Limited (ANDHRSUGAR) hold?
The Andhra Sugars Limited holds more cash than debt, ₹684M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Why does The Andhra Sugars Limited not meet the fair value rule although the fair value shown is higher?
Trough year lifted: ₹104.39 → ₹123.53. The latest year was a trough or loss year. So we calculate with a normal year: ₹123.53 instead of ₹104.39. As in the backtest, the fair value rule checks the value before: +28% against the price.
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Thin data
Nov 8, 2026