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Sir Shadi Lal Enterprises Ltd. - (Amalgamated) (532879)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532879 NSE: Sugar | Small Cap | Sir Shadi Lal Amalg. Share Price

₹263.55 0.00 (0.00%)

As on 02-Jun'26 16:59

Sir Shadi Lal Enterprises Ltd. - (Amalgamated) (532879)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532879 NSE: Sugar | Small Cap | Sir Shadi Lal Amalg. Share Price

₹263.55 0.00 (0.00%)

As on 02-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹138 Cr.
Current Price
₹263.6
52-Week Low / High
₹206 / 306
TTM EPS
₹-45.2
TTM Sales
₹359 Cr.
Book Value per Share
₹-467.3
P/E Ratio
0.00
Industry PE
24.5
Price to Book (P/B)
-0.56
In line with its 5-year historical median
Price to Sales (P/S)
0.39
Higher than its 5-year historical median
EV/EBITDA
40.73
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
-127.75%
Underperforms industry median
Return on Assets (ROA)
-19.60%
Operating Profit Margin
-1%
Net Profit Margin
-16.62%
Gross Profit Margin
-3.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-41.94%
Operating Profit Growth (1 Year)
-
-159.16%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
61.77%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-251 Cr.
Equity
₹5.3 Cr.
Face Value
₹10
All Time Low / High
₹18.50 / 431.00

Sir Shadi Lal Enterprises . - (Amalgamated) stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Sir Shadi Lal Enterprises Ltd a good quality company?
Sir Shadi Lal Enterprises 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 Sir Shadi Lal Enterprises Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sir Shadi Lal Enterprises Ltd vs industry peers?
Sir Shadi Lal Enterprises Ltd revenue CAGR is -11.60%, compared to the industry median CAGR of 2.83%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Sir Shadi Lal Enterprises Ltd?
Promoters hold 61.77% of the Sir Shadi Lal Enterprises Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sir Shadi Lal Enterprises Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 19.9% based on the current price.

10 Year X-Ray :

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.
Sir Shadi Lal Enterprises Ltd. - (Amalgamated) 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 % 19.9%30%-4.3%-13.5%26.7%-2.3%-18.2%0%0%-127.8%-
Value Creation
Index
0.41.2NANA0.9NANANANANA-

Growth Parameters

Sales 275396392372497549470552462268359
Sales YoY Gr.-44.2%-1.2%-4.9%33.5%10.5%-14.4%17.5%-16.3%-41.9%-
Adj EPS 1.336.2-45.2-66.55.6-26.7-30.8-56.4-17.6-84.9-45.2
YoY Gr.-2728.1%-224.8%NANA-574.2%NANANANA-
BVPS (₹) -97.1-70.2-122.5-189-181.6-208.5-238.2-296.4-313-399.3-467.3
Adj Net
Profit
0.719-23.7-34.93-14-16.2-29.6-9.3-44.6-24
Cash Flow from Ops. -2.1-21.929.5-14.860.245.949.855.248.2-253-
Debt/CF from Ops. -67.9-85.4-14.32.73.32.81.61.1-1.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.3%-11.6%-17%-41.9%
Adj EPS -259.4%-272.1%NANA
BVPSNANANANA
Share Price 19.3% 38.4% 24.7% -13.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.3-43.346.942.7-3-11.6-4.9-9.7-14.723.810.4
Op. Profit
Mgn %
5.18.6-0.6-2.76.10.60.6-1.81-12.1
Net Profit
Mgn %
0.24.8-6.1-9.40.6-2.6-3.4-5.4-2-16.6-6.6
Debt to
Equity
-2.7-4.8-2.5-2.1-1.7-1.4-1.1-0.6-0.3-1.6-
Working Cap
Days
2061631772201711561681058819066
Cash Conv.
Cycle
-4-242613-21-44-83-112-167-58-36

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales274.88396.42391.56372.48497.17549.25469.99552.39462.15268.34
Operating Expenses + 260.98363.08394.04382.53467.12546.38467.94562.40457.40271.15
Manufacturing Costs18.4718.8522.2923.0527.5929.9727.2130.7629.3724.68
Material Costs211.21304.37330.21318.58398.86468.47398.64483.38385.81208.15
Employee Cost 26.5231.5330.5331.8030.9232.3030.7138.4030.3027.14
Other Costs 4.788.3411.019.099.7415.6511.389.8611.9211.19
Operating Profit 13.9133.34-2.48-10.0430.062.872.05-10.014.75-2.81
Operating Profit Margin (%) 5.1%8.4%-0.6%-2.7%6.0%0.5%0.4%-1.8%1.0%-1.0%
Other Income + 2.852.531.421.121.072.150.310.584.107.32
Exceptional Items 1.92000000000
Interest 15.1015.7318.8121.1321.3015.2211.519.108.0612.78
Depreciation 1.571.743.984.966.976.327.3711.099.9810.27
Profit Before Tax 2.0118.40-23.85-35.022.86-16.51-16.53-29.62-9.19-18.54
Tax 00000-2.2200026.06
Profit After Tax 2.0118.40-23.85-35.022.86-14.29-16.53-29.62-9.19-44.60
PAT Margin (%) 0.7%4.6%-6.1%-9.4%0.6%-2.6%-3.5%-5.4%-2.0%-16.6%
Adjusted EPS (₹)3.835.1-45.4-66.75.4-27.2-31.5-56.4-17.5-85.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Sir Shadi Lal Amalg. - 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 + -50.97-36.87-64.31-99.20-95.35336.13320.56290-164.35-209.62
Share Capital 5.255.255.255.255.255.255.255.255.255.25
Reserves -56.22-42.12-69.56-104.45-100.60330.88315.31284.75-169.60-214.87
Debt +134.64160.07132.77177.80137.62136.99118.2568.9838.87319.70
Long Term Debt13.404930.8671.3745.1647.1650.7832.0416.31217.45
Short Term Debt121.24111.07101.91106.4392.4689.8467.4736.9422.56102.25
Minority Interest0000000000
Trade Payables194.44122.27210.90218.19246.30284.56292.16283.85316.43158.04
Others Liabilities -35.13-17.07-11.5515.039.886.8613.7519.32-8.634.55
Total Liabilities 242.99228.41267.80311.81298.45764.54744.72662.15182.33272.67

Fixed Assets

Net Fixed Assets +14.1235.5232.7959.8455.56496.87542.91534.4579.8582.99
Gross Block82.19102.88103.52133.87134.31577.70629.68630.23185.58198.07
Accumulated Depreciation68.0767.3670.7274.0378.7580.8386.7895.78105.73115.08
CWIP 0.170.290.500.574.1520.280.460.380.380.58
Investments 0000000000
Inventories185.59154.70196.83219.66214.48187.47173.24106.2784.09173.24
Trade Receivables3.131.664.945.968.327.2911.088.145.953.25
Cash Equivalents 26.0420.8320.1516.037.668.548.513.124.616.96
Others Assets 13.9315.4012.599.758.2744.088.539.807.455.65
Total Assets 242.99228.41267.80311.81298.45764.54744.72662.15182.33272.67

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -2.06-21.8729.49-14.7660.1645.9049.8055.1748.15-253.09
PBT 0.0918.40-23.85-35.022.86-16.51-16.53-29.62-9.19-18.54
Adjustment 13.7618.1024.4825.0627.5020.3920.2619.9115.4319.41
Changes in Working Capital -1.98-52.0239.48.0339.195052.8468.741.45-254.04
Tax Paid -0.260.090.100.090.060.11-0.2600.460.09
Cash Flow From Investing Activity + 4.75-20.71-3.81-26.82-6.07-19.93-30.35-1.60-1.20-14.20
Capex -0.77-23.79-1.63-32.21-6.39-18.57-34.23-2.54-1.89-13.44
Net Investments 300000000.59-0.94
Others 2.523.08-2.185.400.33-1.363.880.940.100.18
Cash Flow From Financing Activity + -2.3539.76-25.0546.34-56.95-22.64-19.06-58.84-44.93268.77
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 045.63000000-24.65177.93
Interest Paid -0.99-8.85-7.82-6.71-10.50-6.12-4.92-5.83-5.89-10.89
Dividend Paid -0000000000
Others -1.362.98-17.2353.05-46.45-16.53-14.13-53.01-14.38101.73
Net Cash Flow 0.33-2.810.634.77-2.863.320.39-5.272.031.49

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/A000N/AN/A
ROCE (%)N/AN/AN/AN/AN/A-2.34-18.220N/AN/A
Asset Turnover Ratio1.421.781.611.291.631.030.620.791.091.18
PAT to CFO Conversion(x)-1.02-1.19N/AN/A21.03N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days4.202.1035.305.205.207.106.405.606.30
Inventory Days185.10147.90161204.10159.40133.60140.1092.4075.20175
Payable Days291.20189.90184.10245.80212.50206.80264217.50284416

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

Sir Shadi Lal Enterprises Ltd. - (Amalgamated) FAQs

The current trading price of Sir Shadi Lal Amalg. on 02-Jun-2026 16:59 is ₹263.6.

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 01-Jun-2026 the market cap of Sir Shadi Lal Amalg. stood at ₹138.4 Cr

The latest P/E ratio of Sir Shadi Lal Amalg. as of 01-Jun-2026 is 0.00.

The latest P/B ratio of Sir Shadi Lal Amalg. as of 01-Jun-2026 is -0.56.

The 52-week high of Sir Shadi Lal Amalg. is ₹306.0 and the 52-week low is ₹205.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sir Shadi Lal Amalg. is ₹359 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sir Shadi Lal Enterprises Ltd. - (Amalgamated) is a average quality company.

The key valuation ratios of Sir Shadi Lal Enterprises Ltd. - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Overvalued zone.

No data found

About Sir Shadi Lal Enterprises Ltd. - (Amalgamated)

Sir Shadi Lal Enterprises Limited was established in 1933 as a Corporate Body under the name 'The Upper Doab Sugar Mills Limited' by the Rt.Hon'ble Sir Shadi Lal. 

With the untiring efforts of all of them, the Company has become one of the efficient and modern entities in Western Uttar Pradesh. All the working Directors of the Company are well qualified and have an excellent understanding of the operation of the Company. 

At present the Company has four manufacturing units comprising of two sugar units namely Upper Doab Sugar Mills, Shamli, District Muzaffarnagar (U.P.), Unn Sugar Complex, Unn, District Muzaffarnagar (U.P.), and two distillery units Shamli Distillery & Chemical Works, Shamli, District Muzaffarnagar (U.P.) and Pilkhani Distillery & Chemical Works, Pilkhani, District Saharanpur (U.P.)

Sir Shadi Lal Enterprises Limited started its business in the year 1933 with a Sugar Factory, Upper Doab Sugar Mills with a cane crushing capacity of 600 TCD per day at Shamli, Distt. Muzaffarnagar (U.P.). Shamli is about 40 kms. from Distt. Muzaffarnagar (UP), about 70 Kms. from Distt. Saharanpur (UP) and about 100 kms. from Delhi. The Company has been constantly modernizing its plant & machinery in stages by adopting the latest technology. As a result of constant modernization and expansion, the crushing capacity of the Sugar Mill Plant at Shamli has increased to the present level of 6250 TCD per day. The capacity utilization of the Plant for the last number of years has been more than 100%. Being a seasonal industry, the Sugar Factory works for about 180-200 days in a year.

In September 2007, Sir Shadi Lal Enterprises Limited further expanded its cane crushing capacity by acquiring assets of Unn Sugar Complex at Unn, District Muzzafarnagar (U.P.) from Monnet sugar Ltd. with a cane crushing capacity of 4000 TCD per day.

Shamli Distillery unit was installed at Shamli, Dist. Muzaffarnagar (U.P.) in the year 1945 with an installed capacity of 6.60 lakhs gallons per annum. Subsequently, the capacity was increased in stages as detailed below to reach its present level of 16.20 lakhs gallons per annum. Since this distillery is located adjacent to the Sugar factory, it has an inherent advantage of procuring molasses from the Sugar unit through pipelines. 

In the year 2001, to increase the production capacity of Country Liquor and Indian Made Foreign Liquor, the Shamli Distillery Unit renovated their existing Bottling Hall, which can now produce more than 2 Million cases per annum. 

At present, the unit is producing Indian Made Foreign Liquor, Country Liquor, malt, Rectified Spirit, Denatured Spirit, Anhydrous Alcohol & Extra Neutral Alcohol. 

This distillery unit has also been selling standard quality of Rectified Spirit & Extra Neutral Alcohol to various distilleries in Uttar Pradesh and other States for production of Indian Made Foreign Liquor & Country Liquor brands in the Country. In the year 2003-04 the Union Government took the decision to blend 5% Anhydrous Ethanol with the petrol in different States. To produce and supply the Anhydrous Ethanol the Unit has installed an Anhydrous Ethanol Plant having a capacity of 15000 BLs per day. 

“For co-generation of Steam & Power, the unit has also installed a high pressure boiler of 12 Tonnes per hour capacity with a steam pressure of 45kg/cm2 and an extraction-cum-condensing Turbine of 1 Mega Watt capacity”.

Pilkhani Distillery unit was installed at Pilkhani, Dist. Saharanpur (U.P.) in the year 1959 with an installed capacity of 10.00 lakhs gallons per annum for production of spirits. This distillery unit is well connected by road and train. It is about 8 kms. from Saharanpur, which is a big city. Subsequently, the capacity of this unit was increased to reach its present level of 24 lakhs gallons per annum. 

In the year 2001, to increase the production capacity, this distillery unit constructed a new Bottling Hall and installed fully automatic lines. The unit can produce more than 3 Million cases per annum. The Unit has a bottling arrangement with M/s. United Spirits Limited 

At present, the unit is producing Indian Made Foreign Liquor, Country Liquor, Malt,Rectified Spirit, Denatured Spirit, Anhydrous Alcohol & Extra Neutral Alcohol

Business area of the company:

The company is mainly engaged in the manufacturing of Sugar and Rectified Spirit & Extra Neutral Alcohol

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