Sakthi Sugars Ltd - Stock Valuation and Financial Performance

BSE: 507315 | NSE: SAKHTISUG | Sugar | Small Cap

Sakthi Sugars Share Price

29.75 -0.13 -0.44%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Sakthi Sugars

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Sakthi Sugars stock performance -

mw4me loader
P/E Ratio (SA):
1.45
Market Cap:
355.1 Cr.
52-wk low:
18.1
52-wk high:
46.7

Is Sakthi Sugars Ltd an attractive stock to invest in?

1. Is Sakthi Sugars Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sakthi Sugars Ltd is a average quality company.

2. Is Sakthi Sugars Ltd undervalued or overvalued?

The key valuation ratios of Sakthi Sugars Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Sakthi Sugars Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sakthi Sugars Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sakthi Sugars:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sakthi Sugars Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1.7%3%0%3.5%-4.6%0.7%-7.6%-8.6%-11.2%24.4%-
Value Creation
Index
-1.1-0.8-1.0-0.8-1.3-1.0NANANA0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7078378219265295058036334321,0541,081
Sales YoY Gr.-18.3%-1.9%12.8%-42.9%-4.5%59%-21.1%-31.9%144.1%-
Adj EPS -16.6-4.7-5.8-4.2-13.8-14.7-17.1-16.4-19.27.520.6
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 5.81.80.936.621.73.8-13.5-23.4-36-0.91.2
Adj Net
Profit
-159-45.1-56.2-49.9-164-174-204-195-22888.9245
Cash Flow from Ops. 79.8-93.6125165-43.435.847.731.436.6107-
Debt/CF from Ops. 13.6-12.88.65.6-21.225.117.629.225.78-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%14.8%9.5%144.1%
Adj EPS NANANANA
BVPS-181.4%-153%NANA
Share Price 5.4% 21.6% 48.8% 61.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-33.9-10.7-14.8-12.5-47.2-114.9352.588.864.6-40.515846.2
Op. Profit
Mgn %
2.313.55.312.3-6.9-10-8.71.63.59.16.3
Net Profit
Mgn %
-22.5-5.4-6.8-5.4-31-34.5-25.3-30.7-52.88.422.6
Debt to
Equity
19.370124.82.13.619.9-5.2-3.3-2.2-78.6-
Working Cap
Days
27724025718832944033347075828158
Cash Conv.
Cycle
-28-41-20-49-47-32-63-91-46-9-38

Recent Performance Summary

Sales growth is good in last 4 quarters at 20.69%

Return on Equity has declined versus last 3 years average to 15.00%

Sales growth has been subdued in last 3 years 9.48%

Latest Financials - Sakthi Sugars Ltd.

Standalone Consolidated
TTM EPS (₹) 20.6 -14.9
TTM Sales (₹ Cr.) 1,081 529
BVPS (₹.) 1.2 0
Reserves (₹ Cr.) -105 140
P/BV 25.46 0.00
PE 1.45 0.00
From the Market
52 Week Low / High (₹) 18.07 / 46.69
All Time Low / High (₹) 4.50 / 274.95
Market Cap (₹ Cr.) 355
Equity (₹ Cr.) 118.9
Face Value (₹) 10
Industry PE 14.5

Management X-Ray of Sakthi Sugars:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *14.4914.4914.4996.6396.6355.6114.6014.6014.4951.99
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Sakthi Sugars

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales7078378219265295058036334321,054
Operating Expenses 691723778813567561881624417963
Manufacturing Costs7114316493769012797110241
Material Costs533497533618414363596448255654
Employee Cost 59625964595962583946
Other Costs 28222138194996201323
Operating Profit 1611343114-38-56-78101590
Operating Profit Margin (%) 2.3%13.5%5.3%12.3%-7.3%-11.0%-9.7%1.5%3.5%8.6%
Other Income 332372511152121101615
Interest 18713181140150260202197234108
Depreciation 66647457535249394637
Exceptional Items 000102-22-52011269411
Profit Before Tax -234-49-7543-252-267-208-104-179370
Tax -75-15-2013-75-53-2130-2
Profit After Tax -159-35-5530-177-214-206-116-180373
PAT Margin (%) -22.5%-4.2%-6.7%3.3%-33.5%-42.4%-25.6%-18.4%-41.7%35.4%
Adjusted EPS (₹)-16.6-3.6-5.72.6-14.9-18.0-17.3-9.8-15.131.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 45439236643525845-161-278-428-11
Share Capital 969696119119119119119119119
Reserves 357296270317140-74-279-397-547-130
Minority Interest0000000000
Debt711805805672570298229316614736
Long Term Debt5835937325614551709394376504
Short Term Debt12921273111115128136222238233
Trade Payables27524528724825026027622047107
Others Liabilities 5506054476417801,2771,4751,5551,580833
Total Liabilities 1,9902,0481,9051,9961,8591,8801,8201,8121,8121,666

Fixed Assets

Gross Block1,6571,6581,6601,4251,3611,3621,1801,1821,0711,077
Accumulated Depreciation49758265571122173186225246283
Net Fixed Assets1,1601,0771,0051,3541,2391,189994957824794
CWIP 1491491503232001134
Investments 1631631641911813172017170
Inventories13110010410910811368804155
Trade Receivables46131108226968101368
Cash Equivalents 754211816139496
Others Assets335374354270377484723738915600
Total Assets 1,9902,0481,9051,9961,8591,8801,8201,8121,8121,666

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 80-94125165-4336483137107
PBT -234-49-7543-252-267-208-104-150416
Adjustment 25216314073221250222119210-313
Changes in Working Capital 62-2086049-10553216-235
Tax Paid 0000-2-2100-1
Cash Flow From Investing Activity 53611838623609121
Capex -27-4-511-2-1-1-6119
Net Investments 00002110060
Others 729148854247182
Cash Flow From Financing Activity -94104-169-250-45-62-58-37-32-238
Net Proceeds from Shares 1800061000000
Net Proceeds from Borrowing -2623-10-129-6-32-21-104-144
Interest Paid -99-11-55-65-32-30-28-26-34-107
Dividend Paid 0000000000
Others -14993-104-117-71-9-1-213
Net Cash Flow -947-33-2-2-3-4-513-11
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-258.8-95.01-427.8713.67-51.06-141.02N/AN/AN/AN/A
ROCE (%)-3.846.950.4915.01-8.07-0.67N/AN/AN/AN/A
Asset Turnover Ratio0.350.420.420.480.280.270.430.350.240.61
PAT to CFO Conversion(x)N/AN/AN/A5.5N/AN/AN/AN/AN/A0.29
Working Capital Days
Receivable Days40385325314918782
Inventory Days58504541758041435117
Payable Days18719118215822025716420219143

Sakthi Sugars Ltd Stock News

Sakthi Sugars Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sakthi Sugars on 28-Mar-2024 16:01 is ₹29.75.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Sakthi Sugars stood at ₹355.1.
The latest P/E ratio of Sakthi Sugars as of 28-Mar-2024 16:01 is 1.45.
The latest P/B ratio of Sakthi Sugars as of 28-Mar-2024 16:01 is 25.46.
The 52-week high of Sakthi Sugars is ₹46.69 and the 52-week low is ₹18.07.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sakthi Sugars is ₹1,081 ( Cr.) .

About Sakthi Sugars Ltd

Sakthi Sugars, established in 1964, is one of the largest producers of sugar in India with a capacity of over 13,500 tonnes of cane crushing per day. Sakthi Sugar  has units / plants in the states of Tamil Nadu and Orissa.

Sakthi Sugars first unit, set up by the riverside of Bhavani, has outbeaten many records in performance like the 17 lakh tonnes of cane crush in 2001-02. The unit also bagged the most prestigious National Efficiency Awards consecutively for serveral years. It has several most outstanding performances i.e. achieving the lowest sugar losses, highest standards of technical efficiency and the highest mill efficiency.

This unit is the only sugar factory in India which can produce superfine grade of sugar corresponding to international standard measured at grade 35 and below by International Commission for Uniform Method of Sugar Analysis (ICUMSA). This has been possible through constant R & D efforts, excellent rapport with the farming community, adoption of appropriate technology in cane cultivation and processing techniques. The registered area under sugarcane progressively increased from 3500 hectares to over 15,000 hectares and the per hectare productivity increased from 70 to 100 tonnes.

Products manufactured by the company include:

  • White Crystal Sugar of grade S30, M30 and L 30

By products

  • Molasses 
  • Baggasse
  • Bio Compost

Sugar manufactured is of international standard of ICUMSA 35 units maximum and exported overseas.

Different units of the company:

  • SIVAGANGA SUGAR UNIT- This unit was set up in 1989 as a part of the company's expansion plans in one of the most backward areas Sivagangai district of Tamil Nadu. This 4000 TCD sugar mill supports thousands of cane growers in this region ushering in rural prosperity. This was the first unit in India to haveautosetting milling tandem.
  • BARAMBA SUGAR UNIT-  It is a co-operative sugar factory of 1250 TCD in Barambagarh in Cuttack district in the state of Orissa, taken over by Sakthi in 1991, under “Management Contract”.
  • DHENKANAL SUGAR UNIT- This new sugar unit with a capacity of 2500 TCD is in Haripur Village, Dhenkanal dstrict of Orissa. Commercial production started during mid 1994-95 season. With numerous lft irigation pojects established with Sakthi's efforts, the area under sugarcane is continuously increasing.
  • SRI CHAMUNDESWARI SUGARS- This company was set up in 1974 with a capacity of 1250 TCD in Mandya district of Karnataka. The. capacity was progressively increased to 4000TCD in 1989. The Company has further plans of expansion and diversification. This company, won the best performance award from SISTA in 1989-90. It is also known to be one of the first sugar plants to employ modern technology in cane crushing and sugar extraction.

Awards & Achievements:

It has bagged the most prestigious National Efficiency Awards consecutively for serveral years.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.