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Sanstar is one of the major manufacturers of plant based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications. Through complex, multi-step value addition and manufacturing process, it turns maize into ingredients and solutions that add taste, texture, nutrients and increased functionality to (i) foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers and additives in food products (bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts, amongst others), (ii) animal nutrition products as nutritional ingredients, and (iii) other industrial products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering agents, finishing agents, among others.
Sanstar major competitors are IFB Agro Inds, Tasty Bite Eatables, HMA Agro Indus, Chaman Lal Setia Exp, ADF Foods, AVT Natural Prod, Lotus Chocolate.
Market Cap of Sanstar is ₹1,680 Crs.
While the median market cap of its peers are ₹1,390 Crs.
Sanstar seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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