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K.M. Sugar Mills Ltd (KMSUGAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532673 NSE: KMSUGAR Sugar | Small Cap | KM Sugar Mills Share Price

₹26.50 -0.01 (-0.04%)

As on 24-Jun'26 16:59

K.M. Sugar Mills Ltd (KMSUGAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532673 NSE: KMSUGAR Sugar | Small Cap | KM Sugar Mills Share Price

₹26.50 -0.01 (-0.04%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹244 Cr.
Current Price
₹26.5
52-Week Low / High
₹23 / 34
TTM EPS
₹5.8
TTM Sales
₹658 Cr.
Book Value per Share
₹42.6
P/E Ratio
4.56
Lower than its 5-year historical median
Industry PE
24.9
Price to Book (P/B)
0.62
Lower than its 5-year historical median
Price to Sales (P/S)
0.37
Lower than its 5-year historical median
EV/EBITDA
4.58
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
13.30%
Outperforms industry median
Return on Capital Employed (ROCE)
12.11%
Outperforms industry median
Return on Assets (ROA)
4.64%
Operating Profit Margin
13%
Net Profit Margin
5.39%
Gross Profit Margin
10.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
0.28%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
17.1%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
26.56%
Asset Quality
Promoter Holding
56.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹373 Cr.
Equity
₹18.4 Cr.
Face Value
₹2
All Time Low / High
₹0.96 / 50.38

K.M. Sugar Mills stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is K.M. Sugar Mills Ltd a good quality company?
K.M. Sugar Mills Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does K.M. Sugar Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of K.M. Sugar Mills Ltd vs industry peers?
K.M. Sugar Mills Ltd revenue CAGR is 4.40%, compared to the industry median CAGR of 2.83%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of K.M. Sugar Mills Ltd?
Promoters hold 56.51% of the K.M. Sugar Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of K.M. Sugar Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 14.3% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
K.M. Sugar Mills Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 18.7%28.5%20.7%17.2%14.4%12.7%17.6%10.1%11%12.1%-
Value Creation
Index
0.31.00.50.20.0-0.10.3-0.3-0.2-0.1-

Growth Parameters

Sales 353336463390531503548576657659658
Sales YoY Gr.--4.7%37.7%-15.7%36.2%-5.4%9.1%5%14.2%0.3%-
Adj EPS 1.33.922.623.24.52.534.15.8
YoY Gr.-211.9%-48.1%28.9%-24.3%58.3%41.6%-44.2%21.3%35.8%-
BVPS (₹) 3.17.19.218.420.416.620.823.326.431.842.6
Adj Net
Profit
11.636.118.824.218.32941.12327.837.753
Cash Flow from Ops. 72.35.3728.1-3.27.15.373.128.831.3-
Debt/CF from Ops. 1.326.81.413.3-54.628.342.13.710.19-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.2%4.4%6.3%0.3%
Adj EPS 14%15.6%-2.8%35.8%
BVPS29.4%9.3%15.1%20.5%
Share Price 12% -2.2% -0.3% -7.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
50.176.625.119.110.314.517.68.79.611.815.6
Op. Profit
Mgn %
8.513.73.79.79.511.913.48.610.81313.2
Net Profit
Mgn %
3.310.84.16.23.55.87.544.25.78.1
Debt to
Equity
3.32.21.20.60.91.31.21.31.210
Working Cap
Days
228238181243225281298279251258105
Cash Conv.
Cycle
57124731058114214514213114122

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales353336463390531503548576657659
Operating Expenses + 323290446352481447475526587577
Manufacturing Costs30222326232834404356
Material Costs260239394288393364399432486447
Employee Cost 9121212141414182022
Other Costs 23171726514128353853
Operating Profit 30461738505673507082
Operating Profit Margin (%) 8.5%13.7%3.7%9.7%9.4%11.1%13.3%8.6%10.6%12.4%
Other Income + 6113714115101187
Exceptional Items 0000000000
Interest 1710118181112141718
Depreciation 9101312151515162322
Profit Before Tax 10372932283456313949
Tax -201081081481113
Profit After Tax 12371924182641232836
PAT Margin (%) 3.3%11.0%4.1%6.2%3.5%5.2%7.6%4.0%4.3%5.4%
Adjusted EPS (₹)1.34.02.12.62.02.94.52.53.13.9
Dividend Payout Ratio (%)0%0%0%0%0%0%4.40%0%0%0%

Valuation of KM Sugar Mills - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 296684169187213252275303339
Share Capital 18181818181818181818
Reserves 104766151169195234257285320
Debt +6912389101149179210242269262
Long Term Debt33273236444026502819
Short Term Debt36965865105139184191241243
Minority Interest0000000000
Trade Payables959211018511917613413015582
Others Liabilities 77973645776260646360
Total Liabilities 270378319500532631656711790743

Fixed Assets

Net Fixed Assets +619594153160158159214209205
Gross Block226269281352374382394465474488
Accumulated Depreciation165173187199213224235251265283
CWIP 00070805127
Investments 38715272430637674
Inventories155226163266268361383353384367
Trade Receivables271722272120156298
Cash Equivalents 8111495696118
Others Assets 16211823515461636873
Total Assets 270378319500532631656711790743

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 725728-375732931
PBT 10372932283456313949
Adjustment 2518-716272821193439
Changes in Working Capital 37-4257-35-53-49-5833-36-41
Tax Paid -0-7-7-5-5-5-14-11-9-15
Cash Flow From Investing Activity + -9-46-11-24-28-21-12-105-34-7
Capex -6-42-12-17-16-21-8-76-26-15
Net Investments -3-51-8-12-0-5-31-133
Others 0101001144
Cash Flow From Financing Activity + -6043-581030169307-28
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 3-11-688-7-2335-27-12
Interest Paid -9-6-14-5-19-11-11-13-16-18
Dividend Paid 000000-2000
Others -5460-3874034458502
Net Cash Flow 422-6-123-31-3

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)50.7678.8125.1719.1510.3515.4324.0911.4312.2913.3
ROCE (%)18.7128.4620.6817.2214.3612.6517.610.0610.9612.11
Asset Turnover Ratio1.221.091.350.951.030.860.850.840.880.86
PAT to CFO Conversion(x)60.143.790.33-0.170.270.123.171.040.86
Working Capital Days
Receivable Days29.2022.3015.1023.3016.6014.7011.506.609.8010.50
Inventory Days173.60197.20151.30200.80183.30228.40247.90233.60204.70208
Payable Days154.10143.1093.70187.10141.30148141.80111.6010796.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

K.M. Sugar Mills Ltd FAQs

The current trading price of KM Sugar Mills on 24-Jun-2026 16:59 is ₹26.50.

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 23-Jun-2026 the market cap of KM Sugar Mills stood at ₹243.8 Cr

The latest P/E ratio of KM Sugar Mills as of 23-Jun-2026 is 4.56.

The latest P/B ratio of KM Sugar Mills as of 23-Jun-2026 is 0.62.

The 52-week high of KM Sugar Mills is ₹33.52 and the 52-week low is ₹22.55.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of KM Sugar Mills is ₹658 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that K.M. Sugar Mills Ltd is a average quality company.

The key valuation ratios of K.M. Sugar Mills Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of K.M. Sugar Mills Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About K.M. Sugar Mills Ltd

K M Sugar Mills (KMSML) is into the business of manufacturing of sugar, Distillery Products and in Generation of Electricity. The company also established its name in the field of Sugar Export-Import, domestic sugar trading along with manufacturing activities. The company has experienced team for sugar procurement, logistic and for sale of sugar. 

KMSML manufactures and sells three grades of Sugar in jute bags as well as in PP bags. Also, the company manufactures Rectified Spirit, Ethanol and Extra Neutral Alcohol (ENA) at its facility at Motinagar, Faizabad. Moreover, the company has its own baggased based co-gen Power plant in Motinagar, Faizabad, Uttar Pradesh. The company supplies the power to the Uttar Pradesh Power Corporation (UPPCL).

The company was originally formed as a partnership firm in 1950, known as Kamlapat Motilal at Kanpur; the founder partners were Singhanias and Jhunjhunwalas and they had set up a small sugar milling plant at Kanpur in the year 1942. The mill experienced acute shortage of cane and consequently the plant was shifted to the present site at village Masodha, P.O Motinagar, Dist. Faizabad between 1949 and 1950.

During the year 1971 the firm was converted into Private Limited Company known as K. M. Sugar Mills (Pvt.) Ltd., and got registered with the Registrar of Companies, Uttar Pradesh, Kanpur. The company became a deemed public company in the year 1974 in terms of provisions 43A of the Companies Act. The company was converted back to a Private Limited Company under section 43A (2A) of the Companies Act. in the year 2002. The company was again converted into a public limited company with effect from April 20, 2005.

Business area of the company 

KMSML is engaged in sugar manufacturing and sale of sugar. Besides this, the allied business activities undertaken by the company primarily consists of manufacturing and sale of Ethanol, Ethyl Alcohol, generation of power using bagasse and manufacturing and sale of Country Liquor.

Products

  • Sugar: White crystal sugar and raw sugar for domestic and export markets
  • Ethanol & Related Products: Produced through its distillery operations
  • Power: Generated through bagasse-based co-generation

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