Dharani Sugars & Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 507442 | NSE: DHARSUGAR | Sugar | Small Cap

Dharan Sugars & Chem Share Price

8.63 0.00 0.00%
as on 30-Jun'23 18:01

DeciZen - make an informed investing decision on Dharan Sugars & Chem

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Dharani Sugars & Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
28.7 Cr.
52-wk low:
7.5
52-wk high:
9.8

Is Dharani Sugars & Chemicals Ltd an attractive stock to invest in?

1. Is Dharani Sugars & Chemicals Ltd a good quality company?

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

2. Is Dharani Sugars & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Dharani Sugars & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Dharani Sugars & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Dharani Sugars & Chemicals 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 Dharan Sugars & Chem:

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.
Dharani Sugars & Chemicals 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.2%2.5%-4.4%5.2%4.1%-4.2%-17.4%-6.1%-8.9%-10.4%-
Value Creation
Index
-0.4-0.8-1.3-0.6-0.7-1.3NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 57852436436450948231611031.139.71
Sales YoY Gr.--9.4%-30.6%0.1%39.9%-5.4%-34.4%-65.2%-71.7%27.6%-
Adj EPS 4.6-10.1-25.3-3.8-6-25.8-44.8-8.6-11.5-12.1-9.4
YoY Gr.--319%NANANANANANANANA-
BVPS (₹) 42.931.46.162.452.527-17.8-26.9-38.2-50.1-59.5
Adj Net
Profit
13.6-29.8-74.4-11.1-19.8-85.7-149-28.4-38.3-40.2-31
Cash Flow from Ops. 59.254.650.261.411314589.36.9-13.5-2.9-
Debt/CF from Ops. 8.910.211.7105.53.95.873.7-39.7-183.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -25.8%-40%-49.9%27.6%
Adj EPS -211.3%NANANA
BVPS-201.7%-199.1%NANA
Share Price -9.4% -4.8% 10.8% -8.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
11.2-27.3-134.8-10.9-11-64.9-968.438.435.527.417.2
Op. Profit
Mgn %
16.410.5-2.911.414.6-0-10.6-38-59-44.9-227.2
Net Profit
Mgn %
2.4-5.7-20.5-3.1-3.9-17.8-47.1-25.9-123.2-101.3-3822.1
Debt to
Equity
4.2632.63.33.66.2-8.8-5.7-4.2-3.2-
Working Cap
Days
16822130829520818817320322873265
Cash Conv.
Cycle
11112813112511291-33-136-308-361-18,628

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 17.20%

Sales growth has been subdued in last 3 years -49.91%

Sales growth is not so good in last 4 quarters at -50.00%

Latest Financials - Dharani Sugars & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) -9.4 -
TTM Sales (₹ Cr.) 0.8 -
BVPS (₹.) -59.5 -
Reserves (₹ Cr.) -231 -
P/BV -0.14 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 7.50 / 9.80
All Time Low / High (₹) 2.10 / 129.00
Market Cap (₹ Cr.) 28.7
Equity (₹ Cr.) 33.2
Face Value (₹) 10
Industry PE 15.8

Management X-Ray of Dharan Sugars & Chem:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *53.9853.9853.9853.9853.9853.9853.9853.9853.9853.98
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Dharan Sugars & Chem

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales578.34524.11363.57363.99509.13481.50315.70109.9731.0939.67
Operating Expenses 485.83474.88374.20324.47434.92482.53352.69153.8249.4457.49
Manufacturing Costs35.5935.4724.6438.6932.7442.2426.2513.813.953.85
Material Costs401.60388.90307.76248.02366.11404.34277.6884.062533.12
Employee Cost 19.0821.4122.7722.9324.3524.9323.7821.6213.6712.55
Other Costs 29.5629.1019.0314.8411.7211.0224.9934.336.827.96
Operating Profit 92.5249.24-10.6339.5274.21-1.03-37-43.85-18.35-17.81
Operating Profit Margin (%) 16.0%9.4%-2.9%10.9%14.6%-0.2%-11.7%-39.9%-59.0%-44.9%
Other Income 2.031.8517.678.408.2917.583.650.435.831.01
Interest 53.6365.4766.5067.6375.2578.6674.952.182.120.02
Depreciation 24.0228.6921.202322.8822.5822.5922.4623.4023.37
Exceptional Items 0.110.110.110.110.080034.7800
Profit Before Tax 17.01-42.96-80.54-42.60-15.55-84.69-130.90-33.28-38.04-40.20
Tax 4.80-9.17-6.39-30.601.870.6918.43-3.4000
Profit After Tax 12.21-33.79-74.16-11.99-17.42-85.38-149.33-29.88-38.04-40.20
PAT Margin (%) 2.1%-6.4%-20.4%-3.3%-3.4%-17.7%-47.3%-27.2%-122.0%-101.0%
Adjusted EPS (₹)4.2-11.5-25.2-4.1-5.3-25.7-45.0-9.0-11.5-12.1
Dividend Payout Ratio (%)24%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 126.2092.3018.03183.50174.3889.75-59.03-89.24-126.70-166.32
Share Capital 29.3929.3929.3929.3933.2033.2033.2033.2033.2033.20
Reserves 96.8162.91-11.36154.11141.1856.55-92.23-122.44-159.90-199.52
Minority Interest0000000000
Debt472481.90559.45552.52514.71445.46364.20511.89536.12533.34
Long Term Debt278.92292.17380.12392.16308.07238.55155.070.756.156.06
Short Term Debt193.07189.72179.33160.35206.64206.91209.13511.14529.97527.28
Trade Payables52.19108.06129.85125.0577.11126.53106.3392.1086.5286.57
Others Liabilities 176.84149.7682.98121.17190.51193.20282.8587.7971.6982.28
Total Liabilities 827.23832790.31982.24956.72854.95694.35602.54567.63535.86

Fixed Assets

Gross Block647.62666.06672.38652.38865.74881.44882.58879.99883.45883.36
Accumulated Depreciation160.44189.07210.2722.99256.10277.15299.74322.19345.59368.88
Net Fixed Assets487.18476.99462.12629.40609.65604.29582.84557.80537.86514.48
CWIP 8.0910.2913.4916.3718.3300000
Investments 5.205.185.1823.5726.4928.5816.6614.6014.6314.65
Inventories230.71251.24207.21224.10226.72146.9024.645.831.900.43
Trade Receivables40.2922.1842.4354.7556.4745.6042.1217.135.114.51
Cash Equivalents 7.995.7613.043.276.6214.772.310.655.800.15
Others Assets47.7760.3546.8530.7912.4514.8025.776.522.331.65
Total Assets 827.23832790.31982.24956.72854.95694.35602.54567.63535.86

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 59.2054.6250.1961.39112.99145.2389.326.94-13.51-2.90
PBT 17.01-42.96-80.54-42.60-15.55-84.69-130.90-33.28-38.04-40.20
Adjustment 77.0993.1987.2387.7688.2195.91106.3920.9829.0323.66
Changes in Working Capital -31.086.6343.6216.2940.36133.96113.7319.25-4.5713.66
Tax Paid -3.83-2.24-0.12-0.06-0.030.050.09-0.010.07-0.02
Cash Flow From Investing Activity -54.79-12.17-5.65-3.82-4.85-8.0313.860.260.630.04
Capex -55.47-12.95-6.68-1.22-5.080.531.60-0.020.500
Net Investments 00000-9.0211.940.1600
Others 0.680.781.03-2.600.230.470.320.130.130.04
Cash Flow From Financing Activity -10.13-41.19-39.35-65.40-107.50-138.07-103.70-8.7118.09-2.79
Net Proceeds from Shares 0003.394.9900000
Net Proceeds from Borrowing 00062.48-83.64-69.51-83.48-2.706.07-0.10
Interest Paid -53.17-61.89-51.13-65.56-70.28-68.82-22.43-2.97-9.96-0.01
Dividend Paid -3.42000000000
Others 46.4520.7011.78-65.7141.420.272.22-3.0321.99-2.68
Net Cash Flow -5.721.265.20-7.830.64-0.87-0.52-1.505.21-5.65
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)10.02-30.93-134.44-11.9-9.73-64.65N/AN/AN/AN/A
ROCE (%)11.253.46-2.243.577.5-0.84N/AN/AN/AN/A
Asset Turnover Ratio0.770.650.460.420.550.540.410.170.050.07
PAT to CFO Conversion(x)4.85N/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days362132473838519813144
Inventory Days9916322421015514099514511
Payable Days3975141188101921534311,304954

Dharani Sugars & Chemicals Ltd Stock News

Dharani Sugars & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Dharan Sugars & Chem on 30-Jun-2023 18:01 is ₹8.63.
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 30-Jun-2023 18:01 the market cap of Dharan Sugars & Chem stood at ₹28.65.
The latest P/E ratio of Dharan Sugars & Chem as of 30-Jun-2023 18:01 is 0.00.
The latest P/B ratio of Dharan Sugars & Chem as of 30-Jun-2023 18:01 is -0.14.
The 52-week high of Dharan Sugars & Chem is ₹9.80 and the 52-week low is ₹7.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dharan Sugars & Chem is ₹0.82 ( Cr.) .

About Dharani Sugars & Chemicals Ltd

Dharani Sugar and Chemicals was incorporated in the year 1987 in Tamil Nadu and was promoted by Palani G. Periasamy and his associates. The company belongs to the PGP group, which comprises of Dharani Finance, Dharani Cements, Pallava Hotels and PGP International.

The company`s sugar plants are located at Dharani nagar, Tamil Nadu; Polur, Tamil Nadu; and Shankarpuram, Tamil Nadu.

The company’s distillery plant is in Dharani nagar and co-generation power plant in Polur. Its total installed capacity of sugar is 5,000 TCD, distillery 30 KLS per day and power co-generation 15 MW.

Business area of the company

Dharani Sugar is engaged in the manufacture of sugar and its by-products like bagasses and molasses, industrial alcohol, co-generation of power, and export of TNEB grids. It operates in three segments: sugar, distillery and power.

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