1. Is The Ugar Sugar Works Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that The Ugar Sugar Works Ltd is a below average quality company.
2. Is The Ugar Sugar Works Ltd undervalued or overvalued?
The key valuation ratios of The Ugar Sugar Works Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is The Ugar Sugar Works Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of The Ugar Sugar Works Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||9.5%||8.7%||-1.6%||2.3%||9.8%||11.2%||-9.6%||5.5%||7.3%||7.4%||-|
|Value Creation Index ⓘ||-0.3||-0.4||-1.1||-0.8||-0.3||-0.2||-1.7||-0.6||-0.5||-0.5||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||9.2%||-10.5%||1.5%||28.4%||-30.1%||11%||15.4%||16%||9.8%||-|
|Adj EPS ⓘ||1.5||1.5||-2.7||-0.3||1||2.3||-6.1||0.4||1.2||1.5||5.9|
|YoY Gr. Rt. %||-||3.4%||-272.1%||NA||NA||130%||-363.9%||NA||194.9%||32.2%||-|
|BVPS (₹) ⓘ||9||10.3||7.7||7.4||8.1||10.1||4||4.6||5.7||7.1||11.2|
|Adj Net Profit ⓘ||16.7||17.3||-29.8||-3.5||11.3||25.9||-68.3||4.4||13||17.1||66|
|Cash Flow from Ops. ⓘ||52.8||5||164||75.2||-38.5||-12.6||36.9||-46.4||44.6||-77.8||-|
|Debt/CF from Ops. ⓘ||5.4||71.1||1.5||2.5||-7.2||-28.8||12.8||-11.9||11.5||-7.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||0.2%||8.7%||NA||32.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||17.7||15.9||-29.4||-4.1||13||25.3||-85.9||9||22.6||23.8||64.1|
|Op. Profit Mgn % ⓘ||12||9.4||3.3||3.2||6||11||-3.3||6.6||7.8||7.1||8.9|
|Net Profit Mgn % ⓘ||2.6||2.4||-4.6||-0.5||1.4||4.4||-10.5||0.6||1.5||1.8||4.7|
|Debt to Equity ⓘ||2.8||3.1||2.8||2.3||3.1||3.2||10.5||10.8||8.1||7.7||-|
|Working Cap Days ⓘ||203||199||204||202||194||264||267||291||261||242||0|
|Cash Conv. Cycle ⓘ||115||115||113||83||80||169||183||155||137||153||0|
Return on Equity has increased versus last 3 years average to 64.10%
Sales growth is growing at healthy rate in last 3 years 13.71%
Debt to equity has declined versus last 3 years average to 7.67
Sales growth is good in last 4 quarters at 26.45%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||5.9||5.9|
|TTM Sales (₹ Cr.)||1,393||1,393|
|BVPS (₹.) ⓘ||11.2||11.3|
|Reserves (₹ Cr.) ⓘ||115||116|
|From the Market|
|52 Week Low / High (₹)||25.30 / 86.50|
|All Time Low / High (₹)||0.86 / 86.50|
|Market Cap (₹ Cr.)||645|
|Equity (₹ Cr.)||11.3|
|Face Value (₹)||1|
|Industry PE ⓘ||17.1|
Ugar Sugar Works Ltd, established in 1939, is the flagship organization of the Shirgaokar Group of Companies, whose annual revenues exceed Rs 600 crore. The company has been involved in the manufacture of white crystal sugar for over 65 years. Currently, at its Ugar, Jewargi and Bagalkot plants, the compnany is crushing a total of 19,000 tcd of sugarcane daily.
About sixty years ago Ugar Khurd was a small hamlet in the erstwhile princely state of Sangli. The 500 TCD plant was purchased, installed and the first crushing season was started on the 21st of April, 1942.
After a succesful innings, the late V S Shirgaokar then passed on the reins of the group to his younger brother -- Shri Suresh Shirgaokar -- popularly known as â€˜Babu Kakaâ€™. Babu Kaka took the organization further ahead and it was under his able leadership that the crushing capacity of the company underwent further expansion(10,000 TCD). Presently, the crushing capacity of the organization is 19,000 TCD.(Ugar, Unit-Jewargi & Bagalkot)
Sooner than later, the company diversified its activities and started its own distillery in the year 1962-63 and then added the liquor section in the year 1967-68. The company produces high quality premium brands like Old Castle Whisky, Gokak Falls Whisky, US Rum, Doctors Brandy, Gagarin Vodka and the company's brands are well accepted by the market.
The company has setup a new distillery plant for producing 45,000 litres rectified spirit including 10,000 litres ENA per day during the year 1994-95 and this plant is running very successfully thereafter. This is in addition to the existing 30,000 litres per day old distillery plant.
The company further diversified and set up a first-in-its-kind-in India co-generation power plant of 44 MW. This was based on the principle of bagasse based renewable sources of energy used as fuel. Out of which 28 MW are being exported to the grid and the rest of the 16 MW are used for captive consumption.
The product range of the company includes:
The main product of the sugar manufacturing process is white crystal sugar. This white crystal sugar is manufactured in the grades of M-30. S-30 and SS-30.
Different divisions of the company:
Group of companies -SB Reshellers Pvt Ltd, Sadashiva Sugars Ltd, Shantaram Mach. Pvt. Ltd, Ugar Quality Packaging Pvt. Ltd, Galaxy Machinery Pvt. Ltd, Ugar Consultancy Ltd, Tara Tiles Pvt Ltd, The Pavilion Hotel, iResearch Services
Awards / Achievements
Expansion plans will take Ugar sugar works to a crushing capacity of 30000 tcd in the season 2010-2011