Sayaji Industries Ltd

Sayaji Industr Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sayaji Industries Ltd

₹ 182 -1.88%
19 Apr - close price
sayajigroup.in; www.maizeproducts.com BSE: 540728
About

Incorporated in 1941, Sayaji Industries Ltd manufactures Starches, Modified Starches and other derivatives[1]

Key Points

Business Overview:[1][2]
Company manufactures maize starch and its downstream value-added products which find application in diverse industries viz. Textile, paper & packaging, pharmaceutical, food and confectionery, cosmetic, soaps & detergent industries, seeds industries, paint, poultry, animal feed, etc.

Website BSE
  • Market Cap ₹ 115 Cr.
  • Current Price ₹ 182
  • High / Low ₹ 232 / 144
  • Stock P/E
  • Book Value ₹ 176
  • Dividend Yield 0.00 %
  • ROCE 5.37 %
  • ROE 1.00 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Stock is trading at 1.04 times its book value
  • Debtor days have improved from 23.5 to 16.3 days.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 12.2% over last 3 years.
  • Earnings include an other income of Rs.7.20 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.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
150.13 170.61 160.59 175.67 195.62 232.54 240.51 247.55 253.53 264.08 232.23 213.86 232.76
133.44 152.26 148.10 167.51 180.32 221.42 234.45 247.96 241.72 261.91 229.15 211.79 229.18
Operating Profit 16.69 18.35 12.49 8.16 15.30 11.12 6.06 -0.41 11.81 2.17 3.08 2.07 3.58
OPM % 11.12% 10.76% 7.78% 4.65% 7.82% 4.78% 2.52% -0.17% 4.66% 0.82% 1.33% 0.97% 1.54%
0.30 1.27 1.29 1.48 0.49 1.48 7.47 0.54 0.59 5.28 1.02 0.16 0.74
Interest 3.12 3.10 2.77 2.65 2.07 2.58 2.54 2.73 2.50 2.57 2.82 3.31 3.49
Depreciation 2.86 2.90 2.78 2.95 3.03 3.40 3.44 3.48 3.54 3.59 3.67 3.80 4.01
Profit before tax 11.01 13.62 8.23 4.04 10.69 6.62 7.55 -6.08 6.36 1.29 -2.39 -4.88 -3.18
Tax % 38.78% 30.18% 36.57% 36.63% 35.17% 37.61% 35.23% 35.53% 36.16% -68.22% 33.47% 47.54% 10.06%
6.73 9.51 5.23 2.56 6.92 4.14 4.89 -3.92 4.07 2.18 -1.59 -2.56 -2.87
EPS in Rs 10.65 15.05 8.28 4.05 10.95 6.55 7.74 -6.20 6.44 3.45 -2.52 -4.05 -4.54
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
363 474 497 468 491 531 579 621 620 537 764 1,006 943
350 453 471 440 470 510 553 593 602 487 717 986 932
Operating Profit 13 20 26 28 22 20 27 28 18 50 47 20 11
OPM % 4% 4% 5% 6% 4% 4% 5% 4% 3% 9% 6% 2% 1%
3 0 0 1 1 5 3 26 4 3 5 14 7
Interest 7 8 8 8 11 11 12 12 16 13 10 10 12
Depreciation 5 6 6 7 8 9 8 9 11 11 12 14 15
Profit before tax 5 6 12 13 4 5 10 33 -5 29 30 9 -9
Tax % 37% -9% 42% 29% 27% 28% 39% 24% 56% 42% 36% 21%
3 7 7 9 3 4 6 25 -2 17 19 7 -5
EPS in Rs 153.50 355.00 333.50 470.50 136.50 196.50 9.71 39.87 -3.67 26.25 29.81 11.42 -7.66
Dividend Payout % 26% 13% 18% 15% 36% 30% 19% 5% 0% 4% 3% 9%
Compounded Sales Growth
10 Years: 8%
5 Years: 12%
3 Years: 17%
TTM: -3%
Compounded Profit Growth
10 Years: -17%
5 Years: -29%
3 Years: 32%
TTM: -153%
Stock Price CAGR
10 Years: %
5 Years: -7%
3 Years: 1%
1 Year: 21%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 12%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 1 1 1 3 3 3 3 3 3 3
Reserves 27 33 39 46 47 52 54 77 74 91 107 113 108
53 69 65 91 102 106 113 136 131 129 97 115 156
81 94 77 61 85 73 73 94 123 118 168 166 195
Total Liabilities 163 197 182 199 235 231 243 310 331 341 375 396 462
82 83 90 115 130 133 149 199 201 208 241 246 257
CWIP 1 3 4 3 2 3 4 4 10 9 3 22 26
Investments 2 2 2 2 1 2 5 5 7 10 11 16 16
78 109 86 79 102 93 85 103 113 113 119 112 163
Total Assets 163 197 182 199 235 231 243 310 331 341 375 396 462

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
16 7 28 19 20 21 34 26 46 35 77 21
-11 -9 -14 -32 -22 -12 -29 -35 -24 -21 -34 -28
-5 2 -13 13 2 -9 -5 10 -22 -14 -43 7
Net Cash Flow 0 -0 1 0 -0 0 -0 -0 -0 0 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 31 31 29 29 25 25 23 23 28 30 24 16
Inventory Days 68 54 29 35 56 44 39 43 42 58 43 27
Days Payable 92 79 63 55 70 48 36 50 83 93 90 60
Cash Conversion Cycle 6 6 -6 8 12 22 26 16 -13 -6 -23 -17
Working Capital Days 5 11 8 9 10 10 4 3 -14 3 -14 -12
ROCE % 14% 16% 19% 18% 10% 11% 13% 12% 4% 19% 18% 5%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.97% 74.97% 74.99% 74.99% 74.99% 74.99% 74.97%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.02% 0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.01% 25.01% 25.01% 25.01% 25.01% 25.01% 25.01% 25.00% 25.00% 25.00% 25.01% 25.00%
No. of Shareholders 3,6683,7343,7923,6723,6223,6513,6493,6683,6543,5853,5803,488

* 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

Announcements

Annual reports

Credit ratings

Concalls

  • Mar 2019
    Transcript
    Notes
    PPT