Sampann Utpadan India Ltd (SAMPANN)
🎯 Key Takeaways
- Sampann Utpadan India Ltd is in a mature, cash-generative phase with strong historical profitability metrics (ROE 76.6%, ROCE 10.
- Revenue grew 7.6% QoQ to ₹42 in Q1FY27.
- ⚠️ 1) The dilution from warrant conversion introduces near-term downward pressure on share price and may signal limited organic growth prospects requirin
📖 The Story
Sampann Utpadan India Ltd is in a mature, cash-generative phase with strong historical profitability metrics (ROE 76.6%, ROCE 10.6%) but faces near-term headwinds from share dilution and flat revenue growth. The company operates in the plantation-based FMCG segment with a focus on value-added products, though recent financials show stagnant top-line expansion and declining operational efficiency.
📰 What's Happening
The board approved the conversion of 23 lakh convertible warrants into equity at a premium, allotting new shares to both promoter and non-promoter investors and raising approximately Rs 7.85 crore through a preferential allotment. This dilution event occurred alongside confirmation of the 16th AGM scheduled for September 29, 2026, with book closure from September 23 to 29, 2026, in compliance with SEBI regulations. The trading window closure announcement for the June 30, 2026 quarterly results further indicates standard regulatory adherence without operational updates.
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 |
Quarterly revenue has plateaued over the past four periods (₹35-42 crore), with operating margins remaining stagnant at 4.7-7.3% despite modest profit growth, suggesting limited scalability in current operations. While net profit rose to ₹2 crore in December 2025 and June 2026, this came amid declining EPS trends and no meaningful margin expansion, raising concerns about the sustainability of profitability amid capital restructuring and flat volume growth.
🔮 Management Outlook & What's Next
Management has not provided explicit forward guidance on revenue growth, margin improvement, or market expansion in the latest filings, with disclosures focused exclusively on compliance matters and capital actions. The absence of strategic commentary on business outlook or performance expectations limits visibility into near-term performance drivers beyond the ongoing share allotment and regulatory cycles.
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 | -6 | -4 | -3 | -1 |
| Borrowings | 96 | 86 | 94 | 96 | 96 |
| Total Liabilities | 122 | 138 | 146 | 151 | 156 |
| Fixed Assets | 74 | 72 | 73 | 86 | 86 |
| Investments | 1 | 1 | 1 | 1 | 1 |
| Total Assets | 122 | 138 | 146 | 151 | 156 |
The balance sheet reveals a highly leveraged capital structure with borrowings fixed at ₹96 crore over the past two reporting periods and equity remaining flat at ₹49 crore, while reserves have deteriorated into negative territory (₹-1 to ₹-4 crore). This suggests limited internal capital generation and a reliance on debt financing, with the recent capital raise likely intended to fund working capital or strategic initiatives rather than debt reduction.
💰 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 stable at 40.66% across recent quarters, but institutional investor interest has declined slightly, with FII allocation decreasing from 20.03% in Q3FY26 to 15.33% in Q1FY27, while DII participation remains negligible. The growing number of shareholder accounts (16,104 to 16,686) indicates retail broadening, but the downward institutional trend may reflect valuation concerns or sector rotation away from plantation-linked FMCG plays.
⚖️ Peer Comparison — Plantation & Plantation Products
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| CCL | 14,223 | 32.8 | 16.4% | 22.0% | 0.92 |
| PIXTRANS | 2,347 | 17.8 | 24.8% | 18.9% | 0.03 |
| TINNARUBR | 1,801 | 28.7 | 30.3% | 34.6% | 0.75 |
| GRPLTD | 1,047 | 184.6 | 7.4% | 3.2% | 1.16 |
| 523888 | 532 | 47.7 | -301224.5% | -415.1% | -1.00 |
| INTLCONV | 480 | 3.5 | 40.2% | 37.6% | 0.24 |
| GOODRICKE | 469 | 7.4 | 21.3% | 20.8% | 0.04 |
| MCLEODRUSS | 446 | — | -10.5% | -164.9% | 33.57 |
| RUBFILA | 358 | 13.6 | 12.3% | 8.8% | 0.00 |
| HARRMALAYA | 338 | 12.5 | 13.8% | 15.2% | 0.60 |
⚠️ Risk Factors
1) The dilution from warrant conversion introduces near-term downward pressure on share price and may signal limited organic growth prospects requiring external capital. 2) Persistent negative reserves and stagnant revenue growth raise questions about capital efficiency and reinvestment capacity. 3) Heavy reliance on a single business segment with no disclosed diversification strategy increases vulnerability to commodity and demand shocks in the plantation products space.
📋 Recent Filings
-
🔴 annual report 4 September 2026Sampann 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 Meeting 4 September 2026Sampann 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 Meeting 4 September 2026Sampann Utpadan India Ltd announced its 16th AGM scheduled for September 29, 2026, via video conferencing, with key resolutions including adoption of ...
-
🟡 Board Meeting 27 August 2026Sampann Utpadan India Ltd announced its 16th Annual General Meeting will be held on September 29, 2026, with book closure from September 23 to 29, 202...
-
🟡 Board Meeting 27 August 2026Sampann Utpadan India Ltd announced its 16th Annual General Meeting will be held on September 29, 2026, with book closure from September 23 to 29, 202...
-
Announcement 11 August 2026Sampann Utpadan India Limited announced the resignation of Independent Director Shiv Kumar (DIN: 10417082) effective August 11, 2026, citing personal ...
-
Announcement 11 August 2026Sampann Utpadan India Limited announced the resignation of Independent Director Shiv Kumar (DIN: 10417082) effective August 11, 2026, citing personal ...
-
🟡 Board Meeting 11 August 2026No summary available
-
🟡 Board Meeting 4 August 2026The board approved the conversion of 23 lakh convertible warrants into equity shares at a premium of Rs 23.90 per share, allotting 23 lakh new shares ...
-
Announcement 29 July 2026Sampann Utpadan India Limited announced the outcome of its Board meeting held on July 29, 2026, where it approved unaudited standalone and consolidate...
🧠 Analyst's Read
Investors should monitor the utilization of raised capital and any strategic updates during the upcoming AGM for insights into growth initiatives, as current financial trends and leverage profile suggest the company is in a stabilization phase with execution risks tied to capital allocation and market demand.
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 2026-09-17.
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
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd