Sampann Utpadan India Ltd (SAMPANN)
🎯 Key Takeaways
- Sampann Utpadan India Ltd is a publicly listed FMCG company operating in the plantation and plantation products segment, currently in a mature phase with declining revenue trends despite high ROE and ROCE. The company has consistently approved financial statements and director appointments through its AGM, but lacks listing and trading approval on BSE and NSE, limiting liquidity.
- Revenue grew 7.6% QoQ to ₹42 in Q1FY27.
- ⚠️ 1) Persistent lack of BSE/NSE listing and trading approval severely limits liquidity and institutional interest. 2) Flat revenue trends and stagnant m
- Market Cap
- ₹124
- P/E Ratio
- 16.9
- P/B Ratio
- 2.72
- ROE
- 15.3%
- ROCE
- 7.8%
- Debt/Equity
- 2.11
- Promoter
- 40.7%
📖 The Story
Sampann Utpadan India Ltd is a publicly listed FMCG company operating in the plantation and plantation products segment, currently in a mature phase with declining revenue trends despite high ROE and ROCE. The company has consistently approved financial statements and director appointments through its AGM, but lacks listing and trading approval on BSE and NSE, limiting liquidity. Financial performance shows flat-to-declining revenue and margins, with profitability under pressure despite strong returns on capital.
📰 What's Happening
The company conducted its 16th Annual General Meeting on 29 September 2026, where shareholders approved the adoption of audited standalone and consolidated financial statements for FY26, the appointment of Sanjeet Kumar Gourishankar Rath as director, and the ratification of V Doogar & Associates as the new statutory auditor replacing D. Tayal & Jain. All resolutions passed with majority support, including the revision of terms for the executive director. A total of 23 lakh shares were converted from warrants but were not eligible for voting. The listing and trading approval remains pending with BSE and NSE, which continues to restrict market participation.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 35 | 36 | 39 | 42 |
| Operating Profit | 2 | 3 | 2 | 3 |
| OPM % | 7.1% | 7.3% | 4.7% | 7.3% |
| Net Profit | 2 | 2 | 1 | 2 |
| EPS | ₹0.38 | ₹0.39 | ₹0.25 | ₹0.42 |
Revenue has remained relatively flat over the past four quarters, hovering between ₹35–42 crore, with operating profit margins stabilizing around 7% but showing signs of compression in Q4FY26 (4.7%) before recovering. Net profit and EPS have shown modest growth, rising from ₹2 crore (EPS ₹0.38) in September 2025 to ₹2 crore (EPS ₹0.42) by June 2026, suggesting cost control may be offsetting volume pressure. However, the lack of revenue growth and stagnant margins indicate limited top-line expansion, which contrasts with the high ROE and ROCE figures driven by capital efficiency rather than operational scaling.
🔮 Management Outlook & What's Next
Management has not provided explicit forward guidance on revenue or margin expectations in the reviewed filings, focusing instead on procedural updates and governance changes. The reappointment of Sanjeet Kumar Gourishankar Rath as director and the appointment of V Doogar & Associates as statutory auditor reflect continuity in leadership and compliance focus. With no strategic expansion plans or new business initiatives disclosed, management appears to be maintaining the status quo, likely due to the pending exchange listing approval that may precede any major capital allocation decisions.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2026 | Mar 2026 | Mar 2026 | Mar 2027 |
|---|---|---|---|---|---|
| Equity Capital | 41 | 49 | 49 | 49 | 49 |
| Reserves | -31 | -3 | -4 | -6 | -1 |
| Borrowings | 96 | 96 | 94 | 86 | 96 |
| Total Liabilities | 122 | 151 | 146 | 138 | 156 |
| Fixed Assets | 74 | 86 | 73 | 72 | 86 |
| Investments | 1 | 1 | 1 | 1 | 1 |
| Total Assets | 122 | 151 | 146 | 138 | 156 |
The balance sheet shows stable equity of ₹49 crore and reserves slightly improving from ₹-4 to ₹-1 crore, indicating minimal retained earnings. Borrowings have increased marginally from ₹94 to ₹96 crore over recent periods, suggesting ongoing reliance on debt financing despite strong profitability. Total assets have grown from ₹146 to ₹156 crore, reflecting asset base expansion, but the lack of equity growth raises concerns about capital efficiency and long-term solvency if profitability stalls.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +0 |
| Investing | -7 |
| Financing | +7 |
| Net Cash Flow | +0 |
👥 Shareholding Pattern
| Category | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|
| Promoters | 40.7% | 40.7% | 40.7% |
| FII | 20.0% | 20.0% | 15.3% |
| DII | 0.0% | 0.0% | 0.0% |
| Public | 21.4% | 21.6% | 21.6% |
| # Shareholders | 16,686 | 16,282 | 16,104 |
Promoter holding remains steady at 40.66% across all recent quarters, indicating no dilution or stake sale. FII allocation has declined slightly from 20.03% to 15.33%, while DII remains at 0%, suggesting institutional investor skepticism or reduced participation. The number of public shareholders has marginally decreased, but the broad base of 16,104 shareholders indicates scattered retail interest. No significant changes in shareholding patterns point to limited investor confidence or activist activity.
⚖️ Peer Comparison — Plantation & Plantation Products
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| CCL | 13,413 | 30.9 | 16.4% | — | 0.92 |
| PIXTRANS | 2,350 | 17.8 | 24.8% | — | 0.03 |
| TINNARUBR | 1,720 | 27.4 | 30.3% | — | 0.75 |
| GRPLTD | 1,019 | 179.7 | 7.4% | — | 1.16 |
| 523888 | 576 | 51.6 | -301224.5% | — | -1.00 |
| INTLCONV | 510 | 3.8 | 40.2% | — | 0.24 |
| GOODRICKE | 486 | 7.7 | 21.3% | — | 0.04 |
| MCLEODRUSS | 455 | — | -14.2% | — | -29.62 |
| RUBFILA | 352 | 13.3 | 12.3% | — | 0.00 |
| HARRMALAYA | 336 | 12.4 | 13.8% | — | 0.60 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Persistent lack of BSE/NSE listing and trading approval severely limits liquidity and institutional interest. 2) Flat revenue trends and stagnant margins despite high profitability ratios suggest underlying operational stagnation. 3) High promoter pledging or capital allocation risks are not evident, but the absence of growth initiatives increases vulnerability to sectoral or macroeconomic headwinds. 4) Reserves are negative, which may constrain future capital raising or dividend capacity if profitability declines.
📋 Recent Filings
- 🔴 Financial Results2026-09-30Sampann Utpadan India Ltd held its 16th Annual General Meeting on 29 September 2026, where shareholders approved the adoption of audited standalone an…
- 🟡 voting results2026-09-30Sampann Utpadan India Ltd held its 16th AGM on 29 September 2026 via video conference. Shareholders approved the adoption of audited standalone and co…
- 🟡 Board Meeting2026-09-30Sampann Utpadan India Ltd announced the appointment of V Doogar & Associates as its new statutory auditors following shareholder approval at the 16th …
- 🟡 Board Meeting2026-09-30Sampann Utpadan India Ltd announced the reappointment of Mr. Sanjeet Kumar Gourishankar Rath as director at its September 29, 2026 AGM, completing his…
- 🟡 Board Meeting2026-09-30Sampann Utpadan India Ltd announced the appointment of V Doogar & Associates as its new statutory auditor following shareholder approval at the 16th A…
- 🟡 Board Meeting2026-09-29Sampann Utpadan India Ltd held its 16th AGM on September 29, 2026 via video conference, adopting audited standalone and consolidated financial stateme…
- Announcement2026-09-24Sampann Utpadan India Ltd announced that its trading window will close on October 1, 2026, and remain closed until 48 hours after the quarterly result…
- 🔴 annual report2026-09-04Sampann Utpadan India Limited reported consolidated revenue of ₹134.69 crore for FY 2025-26, a 45.06% growth over the previous year, driven by strong …
- 🟡 Board Meeting2026-09-04Sampann Utpadan India Ltd announced its 16th Annual General Meeting will be held on September 29, 2026, via video conference, with a record date of Se…
- 🟡 Board Meeting2026-09-04Sampann Utpadan India Ltd announced its 16th AGM scheduled for September 29, 2026, via video conferencing, with key resolutions including adoption of …
🧠 Analyst's Read
Sampann Utpadan India Ltd operates as a cash-generative but stagnant FMCG entity with strong returns on capital but limited growth visibility, primarily due to its unresolved listing status and flat financial performance. Investors should monitor developments around BSE/NSE trading approval and any strategic shifts in plantation operations or diversification plans, as these could catalyze re-rating. Until then, the stock remains illiquid and subject to governance-driven volatility rather than fundamental momentum.
Based on filing content and financial data. Not a recommendation.
Read the full analysis
Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.
Sign Up Free — Unlock Full Analysis2 free AI queries per day.
Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when SAMPANN files new disclosures
Track SAMPANN filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track SAMPANN — FreeFree account · 2 AI queries/day