Sakthi Sugars Ltd Stock Analysis

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

BSE Share Price May 17, 18:01
17.75 1.15 (6.93%)

DeciZen - Make an Informed Decision on Sakthi Sugars

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

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

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.

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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 2%0.5%-1.7%3%0%3.5%-4.6%0.7%-7.6%-9%-
Value Creation Index -0.9-1.0-1.1-0.8-1.0-0.8-1.3-1.0NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,1031,170707837821926529505803633698
YoY Gr. Rt. %-6.1%-39.6%18.3%-1.9%12.8%-42.9%-4.5%59%-21.1%-
Adj EPS -12.6-23.8-16.6-4.7-5.8-4.2-13.8-14.7-17.1-16.6-8.4
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) 41.318.25.81.80.936.621.73.8-13.5-23.4-37.7
Adj Net Profit -46.5-87.5-159-45.1-56.2-49.9-164-174-204-197-100
Cash Flow from Ops. 16622179.8-93.6125165-43.435.847.731.4-
Debt/CF from Ops. 85.713.6-12.88.65.6-21.225.117.629.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6%-5.1%6.2%-21.1%
Adj EPS NANANANA
BVPS -193.9-291.8-202.40
Share Price -2.2% -11.5% 20.4% 24.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -7.2-16.1-33.9-10.7-14.8-12.5-47.2-114.9352.589.827.5
Op. Profit Mgn % 11.97.12.313.55.312.3-6.9-10-8.71.65.2
Net Profit Mgn % -4.2-7.5-22.5-5.4-6.8-5.4-31-34.5-25.3-31.1-14.3
Debt to Equity 8.818.719.370124.82.13.619.9-5.2-3.3-
Working Cap Days 2101802772402571883294403334700
Cash Conv. Cycle 7-10-28-41-20-49-47-32-63-910

Recent Performance Summary

Sales growth is good in last 4 quarters at 12.47%

Return on Equity has declined versus last 3 years average to 27.50%

Sales growth has been subdued in last 3 years 6.20%

Latest Financials - Sakthi Sugars Ltd.

Standalone Consolidated
TTM EPS (₹) -8.4 -14.9
TTM Sales (₹ Cr.) 698 529
BVPS (₹.) -37.7 0
Reserves (₹ Cr.) -567 140
P/BV -0.44 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 11.55 / 22.90
All Time Low / High (₹) 4.50 / 274.95
Market Cap (₹ Cr.) 197
Equity (₹ Cr.) 118.9
Face Value (₹) 10
Industry PE 17.6

Management X-Ray of Sakthi Sugars :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *96.6396.6396.6314.4914.4914.4914.4914.4914.4914.49
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

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.

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