Prudential Sugar Corporation Ltd - Stock Valuation and Financial Performance

BSE: 500342 | NSE: PRUDMOULI | Sugar | Small Cap

Pruden Sugar Corp Share Price

25.01 -0.51 -2.00%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on Pruden Sugar Corp

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Prudential Sugar Corporation stock performance -

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P/E Ratio (SA):
17.92
Market Cap:
80.7 Cr.
52-wk low:
19.6
52-wk high:
40.1

Is Prudential Sugar Corporation Ltd an attractive stock to invest in?

1. Is Prudential Sugar Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prudential Sugar Corporation Ltd is a below average quality company.

2. Is Prudential Sugar Corporation Ltd undervalued or overvalued?

The key valuation ratios of Prudential Sugar Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Prudential Sugar Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prudential Sugar Corporation 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 Pruden Sugar Corp:

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.
Prudential Sugar Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 5.2%0.9%-32.2%-0.8%52.3%1.4%0.9%1%1.9%3.8%-
Value Creation
Index
-0.6-0.9-3.3-1.12.7-0.9-0.9-0.9-0.9-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 78.284.294.469.630.500053.280.751
Sales YoY Gr.-7.7%12.2%-26.3%-56.1%-100%NANANA51.6%-
Adj EPS 0.3-0.2-4.8-0.19.20.30.20.20.40.81.4
YoY Gr.--169%NANANA-96.6%-35.5%5%104.8%76.7%-
BVPS (₹) 1211.36.162222.322.522.823.224.725.7
Adj Net
Profit
1-0.7-17-0.3331.10.70.81.52.75
Cash Flow from Ops. -9.7299.730.6-46.44.2-3.5-4.90.2-6-
Debt/CF from Ops. -1.60.51.70.6-0.10-0-00.6-0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.4%21.5%NA51.6%
Adj EPS 11.3%-39.3%56.1%76.7%
BVPS8.4%2.4%3.1%6.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.8-1.7-51.7-1.465.31.40.911.93.35.6
Op. Profit
Mgn %
8.81.7-23.21.8-73.3000-0.80.31
Net Profit
Mgn %
1.3-0.9-18-0.51080002.93.48.9
Debt to
Equity
0.40.40.70.80.100000-
Working Cap
Days
2982792002738400004503362,665
Cash Conv.
Cycle
73673278-1,276000002,025

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.60%

Net Profit is growing at healthy rate in last 3 years 56.05%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -60.38%

Latest Financials - Prudential Sugar Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 1.4 1.9
TTM Sales (₹ Cr.) 51 51
BVPS (₹.) 25.7 31.6
Reserves (₹ Cr.) 51 70
P/BV 0.97 0.79
PE 17.92 12.87
From the Market
52 Week Low / High (₹) 19.55 / 40.06
All Time Low / High (₹) 1.11 / 40.06
Market Cap (₹ Cr.) 80.7
Equity (₹ Cr.) 32.3
Face Value (₹) 10
Industry PE 17.4

Management X-Ray of Pruden Sugar Corp:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Pruden Sugar Corp

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
Sales78.1784.1694.4169.5630.5300053.2380.70
Operating Expenses 71.3282.71116.3168.3152.922.301.511.2253.6380.48
Manufacturing Costs5.385.217.207.030.520.030.020.010.010.02
Material Costs59.3869.8199.9349.6530.6600052.3479.07
Employee Cost 5.646.307.369.231.710.700.600.590.400.42
Other Costs 0.921.401.812.4020.021.560.890.610.870.96
Operating Profit 6.851.45-21.901.25-22.39-2.30-1.51-1.22-0.410.22
Operating Profit Margin (%) 8.8%1.7%-23.2%1.8%-73.3%----0.8%0.3%
Other Income 0.060.360.480.5046.913.802.502.282.534.17
Interest 2.451.811.800.010.0100000.61
Depreciation 2.861.101.852.1900.020.020.010.010.01
Exceptional Items 000028.4700000
Profit Before Tax 1.61-1.10-25.07-0.4552.981.480.971.042.113.77
Tax 0.55-0.40-8.08-0.1400.380.250.290.591.05
Profit After Tax 1.06-0.70-16.99-0.3152.981.100.720.751.522.72
PAT Margin (%) 1.4%-0.8%-18.0%-0.5%173.6%---2.9%3.4%
Adjusted EPS (₹)0.3-0.2-5.1-0.116.00.30.20.20.50.8
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 43.7641.3624.3724.0576.9077.9978.7179.4680.9983.71
Share Capital 37.2137.2137.2137.2137.2137.2137.2137.2137.2136.33
Reserves 6.564.15-12.84-13.1539.6940.7941.5042.2643.7847.37
Minority Interest0000000000
Debt15.5515.4616.6619.116.050.110.110.110.110.11
Long Term Debt0.1112.710.110.110.110.110.110.110.110.11
Short Term Debt15.432.7416.55195.9400000
Trade Payables35.2540.2123.9521.92000000.03
Others Liabilities 1.8511.1736.0877.245.59-11.09-10.73-10.30-9.713.69
Total Liabilities 96.41108.19101.06142.3388.5467.0268.1069.2871.3987.55

Fixed Assets

Gross Block63.4663.6671.2271.4100.240.240.240.240.24
Accumulated Depreciation41.7145.3347.1749.3700.020.040.050.060.07
Net Fixed Assets21.7618.3324.0522.0400.220.200.190.180.17
CWIP 001.8224.18000000
Investments 0.5525.5525.5525.553.153.153.153.153.153.15
Inventories51.2050.0423.8837.58000000
Trade Receivables5.846.667.383.61000000.11
Cash Equivalents 0.743.073.266.491.300.260.0202.850.77
Others Assets16.314.5315.1222.8784.0963.3964.7365.9465.2183.34
Total Assets 96.41108.19101.06142.3388.5467.0268.1069.2871.3987.55

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -9.7329.049.6730.58-46.434.18-3.51-4.850.20-5.97
PBT 1.61-1.14-25.07-0.4552.981.100.720.751.522.72
Adjustment 5.222.533.151.70-46.90-3.78-2.49-2.26-2.52-3.60
Changes in Working Capital -16.5727.6631.5929.33-52.516.86-1.74-3.341.19-5.09
Tax Paid 0000000000
Cash Flow From Investing Activity -0.340.17-8.90-22.0593.133.562.502.2800
Capex -0.40-0.20-7.56-0.1922.04-0.240000
Net Investments 0000000000
Others 0.060.36-1.34-21.8671.093.802.502.2800
Cash Flow From Financing Activity 9.06-26.88-0.58-5.29-51.89-8.780.762.562.653.89
Net Proceeds from Shares 11.38000000000
Net Proceeds from Borrowing -1.6912.60-12.60-7.74-61.22-8.77000.120
Interest Paid -2.43-1.79-1.790-0.010002.533.89
Dividend Paid 0000000000
Others 1.80-37.6913.802.459.3400.762.5600
Net Cash Flow -1.022.330.193.24-5.20-1.04-0.25-0.012.85-2.08
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.17-1.82-59.03-1.56114.21.490.97123.48
ROCE (%)7.651.22-47.55-1.0684.041.841.241.322.635.31
Asset Turnover Ratio0.890.860.940.610.280000.761.02
PAT to CFO Conversion(x)-9.18N/AN/AN/A-0.883.8-4.88-6.470.13-2.19
Working Capital Days
Receivable Days27262627000001
Inventory Days206210137152000000
Payable Days22619711716913000000

Prudential Sugar Corporation Ltd Stock News

Prudential Sugar Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pruden Sugar Corp on 26-Apr-2024 16:01 is ₹25.01.
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 26-Apr-2024 16:01 the market cap of Pruden Sugar Corp stood at ₹80.66.
The latest P/E ratio of Pruden Sugar Corp as of 26-Apr-2024 16:01 is 17.92.
The latest P/B ratio of Pruden Sugar Corp as of 26-Apr-2024 16:01 is 0.97.
The 52-week high of Pruden Sugar Corp is ₹40.06 and the 52-week low is ₹19.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pruden Sugar Corp is ₹50.99 ( Cr.) .

About Prudential Sugar Corporation Ltd

Prudential Sugar Corporation Limited had been engaged in the manufacture of sugar since 1995 at its Plant situated in “PRUDENTIAL NAGAR”, POST Office Koppedu, Nindra Mandal, Chittoor District, Andhra Pradesh. The sugar factory is allotted by the Director of Sugar & Cane Commissioner, Government of Andhra Pradesh a specific zone area where the cultivation of sugar cane is undertaken by the farmers and thus, the entire crop of cane of the zone area will be supplied to the sugar factory for crushing every year.

The sugar produced by the Company is generally sold in the market through reputed sugar Traders and hence it’s not branded. Besides, the Company in the past, had exported large quantities of sugar to overseas market under specific Public Policy guidelines issued by the Government of India during the times of surplus production in the country. Also, the Company had imported large quantities of raw-sugar from Brazil, Indonesia etc., as permitted by the government of India to process into white sugar for sale into domestic market in order to overcome the short fall in the country’s sugar production and also re-export the white sugar at a later date under specific licensing conditions.

In the year 2014 the Board of Directors of the Company had resolved to sell/transfer the assets of the business of the Company to a prospective buyer and a resolution to this effect was put to voting before the shareholders of the company and was duly approved by the requisite majority of the shareholders pursuant to which the assets and business of the Company were transferred to Natems Sugar Private Limited in the year 2017. The Company has a well constituted Board of Directors under whose guidance the Company’s operations are carried out.

Business area of the company 

The Company is engaged in managing the operations of Trident Sugars Limited under a Scheme of Arrangement and entered into an Agreement for Management and Operations with Trident Sugar Limited. The Company under the Agreement will provide its managerial expertise in effectively managing the operations of Trident Sugars Limited through its senior managerial personnel placed in the key positions.

Products of the company

The Company primarily manufactures white crystal sugar out of sugarcane. The other products namely molasses and bagasse are by-products and the same are sold by the Company to distilleries and co-gen power plants respectively. The by-product molasses besides being consumed in Primary Distilleries is also largely exported to foreign countries by the sugar companies in India.

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