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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 Lotus Chocolate, HMA Agro Indus, Chaman Lal Setia Exp, Regaal Resources, AVT Natural Prod, Gulshan Polyols, Vadilal Enterprise.
Market Cap of Sanstar is ₹1,498 Crs.
While the median market cap of its peers are ₹1,352 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.