Andhra Sugars Ltd
Incorporated in 1947, Andhra Sugars Limited is a manufacturer of Sugar, Industrial Alcohol, Chlor Alkali Products, Aspirin, Sulphuric Acid, Liquid & Solid Propellants. It also generates power for captive use [1]
- Market Cap ₹ 1,257 Cr.
- Current Price ₹ 92.8
- High / Low ₹ 129 / 92.1
- Stock P/E 16.9
- Book Value ₹ 95.8
- Dividend Yield 2.16 %
- ROCE 18.5 %
- ROE 14.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.97 times its book value
- Company has been maintaining a healthy dividend payout of 25.2%
- Company's working capital requirements have reduced from 125 days to 93.7 days
Cons
- The company has delivered a poor sales growth of 8.49% over past five years.
- Company has a low return on equity of 12.4% 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.
Peer comparison
Sector: Chemicals Industry: Chlor Alkali / Soda Ash
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
758 | 832 | 726 | 779 | 869 | 907 | 967 | 974 | 1,041 | 950 | 1,217 | 1,453 | 1,241 | |
573 | 647 | 599 | 723 | 742 | 700 | 765 | 678 | 780 | 754 | 971 | 1,163 | 1,111 | |
Operating Profit | 185 | 185 | 127 | 56 | 128 | 206 | 201 | 296 | 261 | 196 | 246 | 290 | 129 |
OPM % | 24% | 22% | 17% | 7% | 15% | 23% | 21% | 30% | 25% | 21% | 20% | 20% | 10% |
13 | -4 | 13 | 11 | 22 | 23 | 27 | 37 | 27 | 16 | 38 | 16 | 33 | |
Interest | 21 | 20 | 21 | 23 | 28 | 25 | 32 | 30 | 28 | 27 | 13 | 3 | 2 |
Depreciation | 39 | 41 | 43 | 36 | 48 | 44 | 49 | 50 | 56 | 56 | 57 | 70 | 67 |
Profit before tax | 138 | 119 | 76 | 8 | 74 | 160 | 148 | 254 | 203 | 129 | 213 | 233 | 94 |
Tax % | 32% | 37% | 28% | 56% | 37% | 25% | 33% | 35% | 6% | 21% | 24% | 25% | |
93 | 75 | 55 | 3 | 46 | 121 | 99 | 166 | 190 | 102 | 162 | 174 | 73 | |
EPS in Rs | 6.89 | 5.52 | 4.03 | 0.25 | 3.42 | 8.89 | 7.33 | 12.23 | 14.03 | 7.53 | 11.93 | 12.84 | 5.35 |
Dividend Payout % | 20% | 22% | 25% | 241% | 29% | 22% | 27% | 16% | 29% | 27% | 34% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 12% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 14% |
3 Years: | -1% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 6% |
3 Years: | 16% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 12% |
Last Year: | 14% |
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 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
Reserves | 441 | 497 | 537 | 528 | 666 | 814 | 854 | 973 | 983 | 1,095 | 1,246 | 1,262 | 1,271 |
308 | 243 | 282 | 326 | 266 | 341 | 250 | 294 | 254 | 157 | 51 | 22 | 13 | |
328 | 343 | 366 | 309 | 246 | 284 | 278 | 318 | 259 | 278 | 322 | 329 | 308 | |
Total Liabilities | 1,104 | 1,111 | 1,211 | 1,190 | 1,205 | 1,466 | 1,410 | 1,613 | 1,523 | 1,557 | 1,646 | 1,639 | 1,619 |
487 | 495 | 467 | 460 | 447 | 599 | 596 | 650 | 662 | 668 | 665 | 762 | 740 | |
CWIP | 7 | 7 | 26 | 19 | 60 | 27 | 97 | 55 | 28 | 46 | 68 | 125 | 179 |
Investments | 75 | 78 | 103 | 103 | 207 | 357 | 235 | 314 | 228 | 287 | 275 | 142 | 193 |
535 | 532 | 616 | 608 | 491 | 482 | 482 | 595 | 605 | 556 | 638 | 610 | 506 | |
Total Assets | 1,104 | 1,111 | 1,211 | 1,190 | 1,205 | 1,466 | 1,410 | 1,613 | 1,523 | 1,557 | 1,646 | 1,639 | 1,619 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
53 | 151 | 57 | 18 | 166 | 255 | 163 | 123 | 184 | 233 | 197 | 249 | |
-38 | -39 | -53 | -36 | -64 | -260 | -8 | -145 | -25 | -115 | -44 | -177 | |
-15 | -108 | -7 | 21 | -106 | 6 | -148 | 26 | -166 | -122 | -149 | -87 | |
Net Cash Flow | -1 | 4 | -3 | 2 | -4 | 1 | 7 | 4 | -7 | -4 | 5 | -14 |
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 | 44 | 40 | 46 | 46 | 38 | 38 | 48 | 48 | 47 | 51 | 50 | 40 |
Inventory Days | 392 | 326 | 549 | 370 | 292 | 304 | 239 | 520 | 403 | 396 | 340 | 260 |
Days Payable | 28 | 10 | 21 | 20 | 15 | 48 | 32 | 43 | 22 | 56 | 56 | 42 |
Cash Conversion Cycle | 407 | 355 | 574 | 396 | 315 | 294 | 256 | 525 | 428 | 391 | 334 | 258 |
Working Capital Days | 130 | 115 | 158 | 170 | 115 | 79 | 93 | 129 | 128 | 154 | 126 | 94 |
ROCE % | 21% | 20% | 12% | 4% | 11% | 17% | 15% | 23% | 17% | 12% | 17% | 18% |
Documents
Announcements
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Clarification sought from Andhra Sugars Ltd
21 Jan 2022 - Exchange has sought clarification from Andhra Sugars Ltd on January 21, 2022, with reference to Movement in Volume.
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Allotment of Equity Shares
31 Dec 2021 - Andhra Sugars Ltd has informed BSE regarding "Allotment of Equity Shares of Face Value of Rs. 2/- each on Sub-division".
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Clarification
5 May 2021 - Investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded, Andhra Sugars Ltd …
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Clarification sought from Andhra Sugars Ltd
5 May 2021 - Exchange has sought clarification from Andhra Sugars Ltd on May 05, 2021 with reference to significant movement in price, in order to ensure that investors …
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Clarification sought from Andhra Sugars Ltd
13 Jan 2021 - Exchange has sought clarification from Andhra Sugars Ltd on January 13, 2021, with reference to Movement in Volume.
Annual reports
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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 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Segments
Chemicals: The Co produces different chemicals like Aluminium Chloride, Sodium Hypochlorite, Liquid Chlorine etc, which go as basic building blocks to a host of industries like Pharmaceuticals, paper, textiles, pesticides, water treatment etc.
Sugar: The sugar crushing operations commenced in 1952 at Tanuku with a 600 TCD capacity and has increased to 16,000 TCD currently.
Pharma: The Co started commercial production of Aspirin in 1980. Its plant is certified by USFDA, EDQM & WHO. [1]