Avadh Sugar & Energy Ltd

Avadh Sugar & Energy Ltd

₹ 550 -3.46%
21 Nov 4:00 p.m.
About

Incorporated in 2015, Avadh Sugar & Energy Ltd manufactures and sells sugar and its by-products, spirits and power[1]

Key Points

Busienss Overview:[1]
ASEL is a part of K. K. Birla Group. It is in the
business of manufacturing sugar, spirits, ethanol, and other byproducts including molasses, bagasse and press-mud, co-generation and sanitizer.

  • Market Cap 1,102 Cr.
  • Current Price 550
  • High / Low 855 / 480
  • Stock P/E 12.7
  • Book Value 531
  • Dividend Yield 1.82 %
  • ROCE 12.9 %
  • ROE 13.4 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.04 times its book value
  • Company has been maintaining a healthy dividend payout of 17.2%

Cons

  • The company has delivered a poor sales growth of 4.80% over past five years.
  • Company has a low return on equity of 13.7% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
619.61 746.52 758.69 688.07 589.18 674.55 846.21 682.05 797.55 594.11 619.80 707.99 632.02
544.78 673.47 673.77 623.89 588.70 624.16 706.50 609.23 720.40 535.21 498.61 650.80 598.40
Operating Profit 74.83 73.05 84.92 64.18 0.48 50.39 139.71 72.82 77.15 58.90 121.19 57.19 33.62
OPM % 12.08% 9.79% 11.19% 9.33% 0.08% 7.47% 16.51% 10.68% 9.67% 9.91% 19.55% 8.08% 5.32%
1.46 0.54 1.64 0.33 5.16 1.90 1.87 0.25 1.19 0.68 1.34 0.30 2.44
Interest 24.11 16.18 19.65 21.80 18.21 11.58 17.71 25.84 20.50 12.22 23.01 29.69 19.96
Depreciation 12.95 12.97 12.56 12.47 12.42 12.99 13.25 13.13 13.39 13.72 15.04 14.28 14.42
Profit before tax 39.23 44.44 54.35 30.24 -24.99 27.72 110.62 34.10 44.45 33.64 84.48 13.52 1.68
Tax % 35.66% 35.04% 5.52% 34.89% -34.85% 36.04% 28.51% 34.99% 35.05% 35.26% 34.54% 35.80% 50.60%
25.24 28.86 51.35 19.69 -16.28 17.74 79.09 22.17 28.87 21.78 55.29 8.69 0.83
EPS in Rs 12.61 14.42 25.65 9.84 -8.13 8.86 39.51 11.07 14.42 10.88 27.62 4.34 0.41
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 1,873 2,336 2,130 2,559 2,711 2,744 2,798 2,694 2,554
0 1,441 2,066 1,838 2,298 2,451 2,441 2,543 2,363 2,283
Operating Profit -0 432 270 292 262 260 303 255 330 271
OPM % 23% 12% 14% 10% 10% 11% 9% 12% 11%
0 -2 3 3 5 6 4 9 3 5
Interest 0 138 114 97 116 116 88 69 82 85
Depreciation 0 46 44 44 45 48 51 51 55 57
Profit before tax -0 247 114 154 106 101 167 144 197 133
Tax % 0% 18% 23% 22% 17% 23% 26% 30% 35%
-0 203 88 120 89 78 124 100 128 87
EPS in Rs 101.66 44.08 59.94 44.27 38.75 62.15 50.07 64.00 43.25
Dividend Payout % 0% 0% 1% 3% 9% 10% 16% 20% 16%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 0%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: 18%
TTM: -41%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 10%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 14%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.05 10 10 10 20 20 20 20 20 20
Reserves -0 304 381 499 572 646 790 871 1,008 1,044
0 1,363 1,352 1,552 1,596 1,375 1,215 1,068 1,317 724
0 568 377 548 672 608 405 459 508 160
Total Liabilities 0 2,244 2,121 2,609 2,859 2,649 2,430 2,418 2,854 1,948
0 988 983 974 966 1,085 1,077 1,165 1,187 1,166
CWIP 0 1 10 4 69 14 9 13 10 68
Investments 0 21 13 12 10 15 47 47 80 136
0 1,235 1,115 1,618 1,814 1,535 1,298 1,192 1,577 577
Total Assets 0 2,244 2,121 2,609 2,859 2,649 2,430 2,418 2,854 1,948

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 146 166 -106 185 465 314 364 -77
0 -18 -48 -29 -98 -108 -54 -124 -70
0 -100 -144 134 -84 -358 -264 -239 147
Net Cash Flow -0 27 -26 -1 2 -0 -4 1 -0

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 13 13 19 16 8 11 9 6
Inventory Days 327 204 341 275 232 202 180 274
Days Payable 64 68 114 111 93 54 61 69
Cash Conversion Cycle 276 149 246 179 147 160 129 211
Working Capital Days 103 103 165 146 104 119 99 153
ROCE % 46% 13% 13% 10% 10% 13% 10% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39% 60.39%
0.66% 2.33% 2.19% 2.14% 2.04% 1.89% 2.20% 3.88% 4.18% 4.13% 3.74% 4.53%
0.31% 0.28% 0.28% 0.37% 0.32% 0.32% 0.30% 0.31% 0.85% 0.98% 0.98% 0.98%
38.64% 37.00% 37.14% 37.10% 37.26% 37.41% 37.11% 35.43% 34.58% 34.50% 34.89% 34.10%
No. of Shareholders 24,49324,90425,43327,06726,30226,52725,36223,13623,06923,22024,86822,127

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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