Sukhjit Starch & Chemicals Ltd

Sukhjit Starch & Chemicals Ltd

₹ 262 -0.36%
27 Nov 11:14 a.m.
About

Incorporated in 1943, The Sukhjit Starch & Chemicals Ltd is an Agro-Processing company that manufactures starch & its derivatives[1]

Key Points

Business Overview:[1]
SSCL is a part of the Sardana family and associates. The company primarily manufactures starch, its derivatives, and
other by-products.

  • Market Cap 819 Cr.
  • Current Price 262
  • High / Low 314 / 201
  • Stock P/E 14.8
  • Book Value 178
  • Dividend Yield 1.51 %
  • ROCE 12.5 %
  • ROE 10.1 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 20.2%

Cons

* 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.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
276 315 353 361 344 339 391 322 320 361 368 390 364
241 271 305 323 306 308 356 293 290 324 337 358 334
Operating Profit 35 44 48 39 38 31 35 29 30 37 31 31 30
OPM % 13% 14% 13% 11% 11% 9% 9% 9% 9% 10% 8% 8% 8%
0 0 0 0 0 1 1 2 3 1 2 1 2
Interest 6 5 5 5 7 6 7 7 8 7 8 7 9
Depreciation 6 6 7 6 6 6 8 6 6 7 7 7 7
Profit before tax 24 33 36 27 25 20 21 17 18 23 18 18 17
Tax % 24% 24% 38% 25% 24% 23% 25% 24% 24% 26% 38% 25% 25%
18 25 23 20 19 16 16 13 14 17 11 14 13
EPS in Rs 6.16 8.52 7.26 6.52 5.94 4.99 5.03 4.18 4.38 5.60 3.67 4.36 4.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
418 506 531 565 652 701 741 797 699 1,157 1,435 1,371 1,482
368 456 467 504 601 637 648 741 634 1,005 1,292 1,245 1,353
Operating Profit 50 50 64 61 50 64 93 57 64 152 143 126 129
OPM % 12% 10% 12% 11% 8% 9% 13% 7% 9% 13% 10% 9% 9%
1 2 2 3 2 5 2 8 4 1 2 8 6
Interest 14 17 18 15 13 18 16 18 21 21 25 30 31
Depreciation 9 12 13 12 12 15 13 13 18 25 27 27 27
Profit before tax 28 23 34 36 28 36 66 33 30 107 93 77 77
Tax % 24% 29% 33% 35% 33% 36% 37% -1% 25% 28% 24% 28%
22 16 23 23 19 23 42 34 23 77 70 56 55
EPS in Rs 7.29 5.42 7.84 7.79 6.42 7.78 14.13 11.36 7.66 24.77 22.48 17.83 17.68
Dividend Payout % 17% 16% 16% 16% 19% 21% 27% 9% 20% 20% 18% 22%
Compounded Sales Growth
10 Years: 10%
5 Years: 13%
3 Years: 25%
TTM: 8%
Compounded Profit Growth
10 Years: 13%
5 Years: 5%
3 Years: 36%
TTM: -5%
Stock Price CAGR
10 Years: 14%
5 Years: 22%
3 Years: 18%
1 Year: 26%
Return on Equity
10 Years: 12%
5 Years: 12%
3 Years: 15%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 7 7 7 7 7 7 15 15 15 16 16 16 16
Reserves 161 174 193 212 235 252 274 306 326 409 469 512 540
160 177 165 129 106 151 151 281 244 248 301 313 343
43 47 52 61 77 96 92 107 122 109 120 147 129
Total Liabilities 371 404 418 410 425 507 533 709 706 783 905 987 1,028
180 198 218 221 234 232 234 233 377 381 434 432 423
CWIP 15 10 5 9 10 14 68 181 67 64 16 29 42
Investments 21 21 14 25 39 64 93 49 47 104 116 121 109
156 175 181 154 142 196 138 246 215 234 339 404 454
Total Assets 371 404 418 410 425 507 533 709 706 783 905 987 1,028

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
15 34 63 87 40 13 127 -51 90 141 28 66
-38 -25 -20 -31 -29 -38 -94 -73 -41 -103 -41 -36
24 -4 -32 -60 -21 25 -29 125 -49 -38 13 -27
Net Cash Flow 2 6 12 -3 -10 0 3 1 -0 0 0 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 42 38 38 37 34 37 30 25 33 21 20 21
Inventory Days 121 108 93 55 45 76 45 101 84 49 64 87
Days Payable 34 28 28 32 26 30 24 27 34 24 20 28
Cash Conversion Cycle 128 117 103 60 53 82 50 99 82 46 65 80
Working Capital Days 90 83 76 58 52 71 41 76 67 41 59 73
ROCE % 14% 11% 15% 14% 12% 13% 19% 9% 8% 20% 16% 12%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
64.44% 66.14% 66.14% 66.16% 66.18% 66.21% 66.21% 66.22% 66.24% 66.34% 66.34% 66.33%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.02% 0.01% 0.07% 0.06%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.22% 0.00% 0.00% 0.00%
35.56% 33.86% 33.86% 33.84% 33.83% 33.78% 33.78% 33.78% 33.52% 33.66% 33.60% 33.62%
No. of Shareholders 6,1096,2966,4076,6237,1426,9858,0188,4538,76110,15010,2209,795

* 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls