SBEC Sugar Ltd
₹ 69.4
4.59%
30 Sep
- close price
- Market Cap ₹ 331 Cr.
- Current Price ₹ 69.4
- High / Low ₹ 88.8 / 26.8
- Stock P/E 6.14
- Book Value ₹ 35.1
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -1.10% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.105 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.
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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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 435 | 399 | 309 | 486 | 417 | 482 | 580 | 614 | 658 | 655 | 630 | 548 | 528 | |
| 454 | 388 | 319 | 535 | 436 | 442 | 564 | 589 | 638 | 610 | 591 | 553 | 512 | |
| Operating Profit | -19 | 11 | -10 | -50 | -18 | 40 | 15 | 25 | 21 | 45 | 40 | -5 | 16 |
| OPM % | -4.4% | 2.7% | -3.2% | -10% | -4.4% | 8% | 2.6% | 4.1% | 3.1% | 7% | 6% | -0.9% | 3.0% |
| 7 | 6 | 0 | 1 | 0 | 0 | 1 | 6 | 11 | 1 | 67 | 87 | 105 | |
| Interest | 13 | 10 | 15 | 16 | 12 | 21 | 22 | 18 | 18 | 23 | 39 | 45 | 48 |
| Depreciation | 3 | 4 | 20 | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 19 | 19 | 18 |
| Profit before tax | -28 | 2 | -45 | -85 | -51 | -1 | -27 | -7 | -8 | 2 | 49 | 19 | 55 |
| Tax % | 1% | -22% | -1% | 0% | 0% | -187% | 0% | 15% | 26% | 317% | 2% | 4% | |
| -28 | 3 | -44 | -85 | -51 | 1 | -27 | -9 | -10 | -3 | 48 | 19 | 54 | |
| EPS in Rs | -5.95 | 0.78 | -8.69 | -17.83 | -10.36 | 0.56 | -5.13 | -1.63 | -1.83 | -0.69 | 10.09 | 3.92 | 11.30 |
| 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: | 22% |
| 3 Years: | 59% |
| TTM: | 267% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 25% |
| 3 Years: | 25% |
| 1 Year: | 112% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 12% |
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 | 96 | 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 | 914 | 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 | 238 | 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 | 914 | 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 / 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% | 33% | 16% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Sugarcane Crushing Capacity M.T. per day ・Standalone data |
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| Sugar Production Lac Quintals ・Standalone data |
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| Sugar Recovery % ・Standalone data |
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| Sugarcane Crushed Lac Quintals ・Standalone data |
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| Power Generation (Co-generation) kWh |
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| Power Plant Operating Days days |
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| Steam Generation (Co-generation) tonnes |
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Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- SBEC Sugar's 32nd AGM voting results; all 6 resolutions passed on September 29, 2026.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- SBEC Sugar held its 32nd AGM on 29 Sept 2026; six resolutions including related-party transactions and OTS.
-
Proceedings Of 32Nd Annual General Meeting Held On Tuesday,
September 29, 2026
- 32nd AGM held on 29 Sep 2026; six resolutions transacted, including financial statements and related-party approvals.
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
- SBEC Sugar revised unsecured loan agreement with Pristine Industries, extending tenure to 31 December 2026.
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
-
Annual Report 2012
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