MoneyWorks4Me

Sukhjit Starch & Chemicals Ltd (SUKHJITS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524542 NSE: SUKHJITS Consumer Food | Small Cap | Sukhjit Starch &Chem Share Price

₹162.15 1.15 (0.71%)

As on 23-Sep'26 16:59

Sukhjit Starch & Chemicals Ltd (SUKHJITS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524542 NSE: SUKHJITS Consumer Food | Small Cap | Sukhjit Starch &Chem Share Price

₹162.15 1.15 (0.71%)

As on 23-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹507 Cr.
Current Price
₹162.2
52-Week Low / High
₹137 / 230
TTM EPS
₹10.9
TTM Sales
₹1,459 Cr.
Book Value per Share
₹185.5
P/E Ratio
14.83
Higher than its 5-year historical median
Industry PE
52.1
Price to Book (P/B)
0.87
Lower than its 5-year historical median
Price to Sales (P/S)
0.35
Lower than its 5-year historical median
EV/EBITDA
7.46
In line with its 5-year historical median
Dividend Yield
0.62%
Profitability Efficiency
Return on Equity (ROE)
4.87%
Underperforms industry median
Return on Capital Employed (ROCE)
7.75%
Underperforms industry median
Return on Assets (ROA)
2.40%
Operating Profit Margin
5.8%
Net Profit Margin
1.89%
Gross Profit Margin
4.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-4.07%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-26.04%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-32.36%
Asset Quality
Promoter Holding
66.15%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹564 Cr.
Equity
₹15.6 Cr.
Face Value
₹5
All Time Low / High
₹4.21 / 324.15

Sukhjit Starch & Chemicals stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Sukhjit Starch & Chemicals Ltd a good quality company?
Sukhjit Starch & Chemicals 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 Sukhjit Starch & Chemicals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sukhjit Starch & Chemicals Ltd vs industry peers?
Sukhjit Starch & Chemicals Ltd revenue CAGR is 15.44%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sukhjit Starch & Chemicals Ltd?
Promoters hold 66.15% of the Sukhjit Starch & Chemicals Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sukhjit Starch & Chemicals Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 5.8% 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.
Sukhjit Starch & Chemicals 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 11.8%14.1%19.3%9.7%8.4%20.2%16.3%13.3%9.7%7.3%-
Value Creation
Index
-0.20.00.4-0.3-0.40.40.2-0.1-0.3-0.5-

Growth Parameters

Sales 6527017417976991,1571,4351,3711,4861,4261,454
Sales YoY Gr.-7.5%5.7%7.6%-12.4%65.7%24%-4.5%8.4%-4.1%-
Adj EPS 6.3813.99.86.924.622.216.411.65.110.9
YoY Gr.-27.1%73%-29.2%-29.9%256.7%-9.7%-26.3%-29.3%-56.4%-
BVPS (₹) 8287.797.9108.6115.3136155.1168.8181.6189193
Adj Net
Profit
18.723.74129.120.476.969.551.236.215.834
Cash Flow from Ops. 39.913127-51.190.314128.266.356.21.7-
Debt/CF from Ops. 2.711.81.2-5.72.91.710.54.64.9191-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 9.1%15.3%-0.2%-4.1%
Adj EPS -2.5%-6.1%-39%-56.4%
BVPS9.7%10.4%6.8%4.1%
Share Price 5.9% 2.3% -7.4% -2.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
8.19.5159.56.220.115.310.16.62.75.7
Op. Profit
Mgn %
7.79.612.57.19.213.1109.26.95.36
Net Profit
Mgn %
2.93.45.53.62.96.74.83.72.41.12.3
Debt to
Equity
0.40.60.50.90.80.60.60.60.50.6-
Working Cap
Days
839595104140828411111413475
Cash Conv.
Cycle
4252505773363955597228

Valuation of Sukhjit Starch &Chem - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales6527017427996991,1591,4471,3751,4981,432
Operating Expenses + 6026386507436341,0011,2991,2471,3861,350
Manufacturing Costs108123139121125183235222199207
Material Costs4394444355504377179549111,0671,023
Employee Cost 36394143425259616564
Other Costs 19333430304952535556
Operating Profit 506392566415814712811283
Operating Profit Margin (%) 7.6%8.9%12.4%7.0%9.2%13.6%10.2%9.3%7.5%5.8%
Other Income + 2531083310819
Exceptional Items 0000000000
Interest 13181619232428333031
Depreciation 12151314223536353634
Profit Before Tax 273666332810286705436
Tax 91324-07292320149
Profit After Tax 18234233217363504027
PAT Margin (%) 2.8%3.2%5.6%4.2%3.0%6.3%4.4%3.6%2.7%1.9%
Adjusted EPS (₹)6.27.714.111.27.123.320.316.012.88.7
Dividend Payout Ratio (%)20.10%21.20%26.60%8.90%21.20%21.50%19.70%25%7.80%11.60%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 237253283315333413466503543567
Share Capital 7.387.3814.7614.7614.7615.6215.6215.6215.6215.62
Reserves 229246269300318397450487527552
Debt +104153186311273248291290278330
Long Term Debt4753148194187134111868287
Short Term Debt571003911786114181204196243
Minority Interest0000000000
Trade Payables31373243465458757876
Others Liabilities 6496133174189182207206195184
Total Liabilities 4365396358438418971,0211,0741,0941,157

Fixed Assets

Net Fixed Assets +228211239245505493537530546526
Gross Block339337378397679700758784834848
Accumulated Depreciation111126138153175207220255288322
CWIP 1130128282746417311912
Investments 3347771196678835374
Inventories559254152102108179230227302
Trade Receivables617162556367817911494
Cash Equivalents 7181614121213161616
Others Assets 416959847786117105120133
Total Assets 4365396358438418971,0211,0741,0941,157
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 4011126-611161444178684
PBT 273666332810286705436
Adjustment 22312723375561585747
Changes in Working Capital -3-4951-1045610-87-35-32-67
Tax Paid -7-7-17-13-6-23-19-15-12-12
Cash Flow From Investing Activity + -29-43-146-92-68-85-43-39-1-10
Capex -17-29-120-157-71-28-31-36-347
Net Investments -14-15-28632-57-12-631-19
Others 2112111222
Cash Flow From Financing Activity + -214218151-50-602-36-666
Net Proceeds from Shares 00000260000
Net Proceeds from Borrowing 0000000000
Interest Paid -12-17-16-18-21-22-27-31-28-29
Dividend Paid -0-4-12-0-3-19-13-12-0-3
Others -86446169-26-44428-3838
Net Cash Flow -1011-2-2-2-0030-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)8.139.2515.5111.086.4619.5514.4310.327.644.87
ROCE (%)11.7214.218.769.217.8819.0115.5412.7610.167.75
Asset Turnover Ratio1.591.451.261.080.831.331.511.311.381.27
PAT to CFO Conversion(x)2.220.483-1.855.521.970.651.561.70.15
Working Capital Days
Receivable Days3234.1032.7026.7030.9020.5018.7021.2023.5026.50
Inventory Days29.9037.90364766.3033.1036.2054.3055.7067.40
Payable Days26.8028.1028.8024.8037.2025.5021.4026.7026.2027.40

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sukhjit Starch & Chemicals Ltd FAQs

The current trading price of Sukhjit Starch &Chem on 23-Sep-2026 16:59 is ₹162.2.

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 22-Sep-2026 the market cap of Sukhjit Starch &Chem stood at ₹506.6 Cr

The latest P/E ratio of Sukhjit Starch &Chem as of 22-Sep-2026 is 14.94.

The latest P/B ratio of Sukhjit Starch &Chem as of 22-Sep-2026 is 0.84.

The 52-week high of Sukhjit Starch &Chem is ₹229.6 and the 52-week low is ₹137.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sukhjit Starch &Chem is ₹1,454 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sukhjit Starch & Chemicals Ltd is a average quality company.

The key valuation ratios of Sukhjit Starch & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Sukhjit Starch & Chemicals Ltd

Sukhjit Starch & Chemicals Ltd was established in 1944 by a group of young engineers who recognized the potential of the wonder grain known as Maize.

Making  a beginning in Phagware, Punjab (1944) with a tiny capacity fo 5000 tons per annum the company has seen a rapid growth rate. Apart form raising the capacity at Phagwara to 5000 tons per annum. The company has establish two more facilities, 2nd at Nizamabad Andhra Pradesh (1985) and the 3rd at malda west bengol (2003)

Sukhjit is the only muti locational group in India as of now with a combined installed capacity of 15000 tons corn grind per annum,

In order to sustain its development capacity the company aquired (1982) an engineering workshop contiguous to the phagwara plant.

Sukhjit Starch has also diversified into the textile sector with the establishing of a backward integrated independent RMG unit at Ludhiana in 1998.

Product range of the company includes:

Starches

  • Maize starch
  • The boiling starch
  • Dextrin starch
  • Oxidised starch
  • Pregelatinized starch

Feeds & Nutrients

  • Maize gluten
  • Maize husk
  • Fine Maize husk (wet)
  • Husk Maize husk (dry)

Sweetner

  • Liquid glucose
  • Dextrose monohydrate
  • Dextrose anhydrous
  • Malto dextrin
  • Sorbitol 70% soln
  • High maltose syrup

Achievements/ recognition:

  • Certificate of WHO- GMP
  • HACCP the of practice
  • ISO 9001: 2000
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now