SBEC Sugar Ltd
- Market Cap ₹ 273 Cr.
- Current Price ₹ 57.3
- High / Low ₹ 65.5 / 26.8
- Stock P/E 14.6
- Book Value ₹ 35.1
- Dividend Yield 0.00 %
- ROCE 21.9 %
- ROE 33.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.5% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.10% over past five years.
- Earnings include an other income of Rs.87.4 Cr.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 435 | 399 | 309 | 486 | 417 | 482 | 580 | 614 | 658 | 655 | 630 | 548 | |
| 454 | 388 | 319 | 535 | 436 | 442 | 564 | 589 | 638 | 610 | 591 | 553 | |
| Operating Profit | -19 | 11 | -10 | -50 | -18 | 40 | 15 | 25 | 21 | 45 | 40 | -5 |
| OPM % | -4% | 3% | -3% | -10% | -4% | 8% | 3% | 4% | 3% | 7% | 6% | -1% |
| 7 | 6 | 0 | 1 | 0 | 0 | 1 | 6 | 11 | 1 | 1 | 87 | |
| Interest | 13 | 10 | 15 | 16 | 12 | 21 | 22 | 18 | 18 | 23 | 39 | 45 |
| Depreciation | 3 | 4 | 20 | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 19 | 19 |
| Profit before tax | -28 | 2 | -45 | -85 | -51 | -1 | -27 | -7 | -8 | 2 | -18 | 19 |
| Tax % | 1% | -22% | -1% | 0% | 0% | -187% | 0% | 15% | 26% | 317% | 5% | 4% |
| -28 | 3 | -44 | -85 | -51 | 1 | -27 | -9 | -10 | -3 | -19 | 19 | |
| EPS in Rs | -5.95 | 0.78 | -8.69 | -17.83 | -10.36 | 0.56 | -5.13 | -1.63 | -1.83 | -0.69 | -3.91 | 3.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -1% |
| 3 Years: | -6% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 23% |
| 3 Years: | 60% |
| TTM: | 200% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 25% |
| 3 Years: | 16% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 34% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Reserves | -120 | -116 | 103 | 19 | -31 | -28 | -53 | -61 | -70 | -85 | -104 | 120 |
| 79 | 63 | 90 | 54 | 275 | 276 | 231 | 168 | 114 | 232 | 202 | 273 | |
| 428 | 379 | 440 | 491 | 357 | 447 | 496 | 573 | 597 | 520 | 569 | 463 | |
| Total Liabilities | 434 | 373 | 681 | 611 | 649 | 743 | 722 | 727 | 689 | 714 | 714 | 904 |
| 55 | 53 | 316 | 299 | 280 | 272 | 257 | 242 | 248 | 234 | 223 | 205 | |
| CWIP | 0 | 1 | 0 | 0 | 3 | 2 | 2 | 18 | 4 | 6 | 1 | 1 |
| Investments | 28 | 35 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 326 |
| 351 | 284 | 327 | 274 | 327 | 431 | 424 | 430 | 399 | 435 | 453 | 372 | |
| Total Assets | 434 | 373 | 681 | 611 | 649 | 743 | 722 | 727 | 689 | 714 | 714 | 904 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 84 | 31 | -12 | 56 | -177 | 46 | 79 | 99 | 68 | -47 | 70 | -27 | |
| -5 | -8 | 8 | -3 | -4 | -11 | -6 | -15 | -3 | -51 | -2 | 2 | |
| -78 | -23 | 10 | -49 | 182 | -40 | -75 | -82 | -66 | 95 | -69 | 27 | |
| Net Cash Flow | 1 | -1 | 6 | 4 | 1 | -6 | -3 | 1 | -0 | -3 | -1 | 1 |
| Free Cash Flow | 79 | 22 | -13 | 53 | -181 | 34 | 73 | 78 | 55 | -58 | 68 | -29 |
| CFO/OP | -437% | 290% | 118% | -113% | 955% | 113% | 522% | 392% | 343% | -102% | 176% | 569% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 20 | 24 | 14 | 11 | 15 | 17 | 8 | 9 | 12 | 16 | 16 |
| Inventory Days | 116 | 60 | 166 | 65 | 133 | 230 | 165 | 180 | 145 | 180 | 197 | 201 |
| Days Payable | 335 | 356 | 552 | 327 | 295 | 390 | 332 | 371 | 340 | 345 | 356 | 314 |
| Cash Conversion Cycle | -208 | -277 | -361 | -247 | -151 | -145 | -150 | -183 | -186 | -153 | -143 | -97 |
| Working Capital Days | -225 | -257 | -299 | -268 | -209 | -177 | -196 | -226 | -231 | -228 | -220 | -240 |
| ROCE % | -36% | 62% | -20% | -32% | -16% | 6% | -2% | 5% | 6% | 15% | 12% | 22% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cane Crushed Lac Qtls ・Standalone data |
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| Installed Crushing Capacity TCD ・Standalone data |
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| Molasses Production Qtls ・Standalone data |
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| Sugar Recovery % ・Standalone data |
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| Sugar Production Lac Qtls ・Standalone data |
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| Power Generation (Bioenergy Subsidiary) kWh |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Newspaper publication as per Regulation 47 of SEBI (LODR) Regulations 2015
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Revised Outcome Of Board Meeting Held On May 29, 2026
30 May - FY26 audited standalone and consolidated results approved; auditors issued qualified opinion on cane-dues interest, company secretary changed.
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Financial Results
29 May - Board approved FY26 audited results; qualified opinion on cane-dues interest, reappointed internal auditor, appointed Company Secretary.
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Board Meeting Outcome for Outcome Of Board Meeting
29 May - Board approved FY26 audited results; auditors issued qualified opinion on cane dues interest, and appointed new CS.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - SBEC Sugar filed its 2025-26 secretarial compliance report; no violations noted, open offer completed on 9 January 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
SBECL is promoted by the Modi Group and
SBEC Systems Ltd, UK. Co. is in the business of sugar manufacturing. The promoter
company is a global player in the project
design, engineering, and consultancy