Andhra Sugars Ltd

Andhra Sugars Ltd

₹ 79.5 0.45%
04 Jun - close price
About

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]

Key Points

Business Segments
1) Chlor-alkali (37% in FY24 vs 38% in FY22): [1] [2] The company offers Chlor-alkali products like caustic soda, caustic potash and its co-products. The segment revenue declined by 6% between FY22 and FY24, due to a significant decline in the realization of caustic soda. [3]

  • Market Cap 1,076 Cr.
  • Current Price 79.5
  • High / Low 107 / 63.3
  • Stock P/E 10.6
  • Book Value 104
  • Dividend Yield 1.01 %
  • ROCE 10.2 %
  • ROE 7.38 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.76 times its book value
  • Company has been maintaining a healthy dividend payout of 26.4%

Cons

  • The company has delivered a poor sales growth of 8.64% over past five years.
  • Company has a low return on equity of 4.91% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
341.90 313.08 304.55 281.12 251.83 246.45 304.08 295.04 325.81 336.19 355.33 370.27 375.54
293.31 275.12 279.41 263.34 224.80 238.78 285.03 271.55 275.56 285.72 303.91 322.34 332.85
Operating Profit 48.59 37.96 25.14 17.78 27.03 7.67 19.05 23.49 50.25 50.47 51.42 47.93 42.69
OPM % 14.21% 12.12% 8.25% 6.32% 10.73% 3.11% 6.26% 7.96% 15.42% 15.01% 14.47% 12.94% 11.37%
5.85 6.17 12.61 8.15 2.25 20.74 6.51 5.10 -14.10 2.79 9.61 5.38 -16.77
Interest 0.78 0.26 0.22 0.42 0.24 0.23 0.14 0.33 1.08 0.58 0.46 0.55 0.52
Depreciation 15.55 16.91 17.12 17.48 18.04 17.74 18.69 19.09 19.55 18.61 19.37 19.67 20.19
Profit before tax 38.11 26.96 20.41 8.03 11.00 10.44 6.73 9.17 15.52 34.07 41.20 33.09 5.21
Tax % 25.40% 26.48% 22.20% -4.48% 16.55% 22.51% 18.87% 18.65% 32.35% 26.56% 24.73% 24.36% 49.52%
28.43 19.81 15.89 8.39 9.18 8.09 5.45 7.46 10.49 25.02 31.00 25.02 2.63
EPS in Rs 2.10 1.46 1.17 0.62 0.68 0.60 0.40 0.55 0.77 1.85 2.29 1.85 0.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
779 869 907 967 974 1,041 950 1,217 1,453 1,151 1,171 1,437
723 742 700 765 678 780 754 971 1,163 1,042 1,071 1,245
Operating Profit 56 128 206 201 296 261 196 246 290 108 101 193
OPM % 7% 15% 23% 21% 30% 25% 21% 20% 20% 9% 9% 13%
11 22 23 27 37 27 16 38 16 29 18 1
Interest 23 28 25 32 30 28 27 13 3 2 2 2
Depreciation 36 48 44 49 50 56 56 57 70 70 75 78
Profit before tax 8 74 160 148 254 203 129 213 233 66 42 114
Tax % 56% 37% 25% 33% 35% 6% 21% 24% 25% 20% 25% 26%
3 46 121 99 166 190 102 162 174 53 31 84
EPS in Rs 0.25 3.42 8.89 7.33 12.23 14.03 7.53 11.93 12.84 3.93 2.32 6.17
Dividend Payout % 241% 29% 22% 27% 16% 29% 27% 34% 16% 25% 34% 19%
Compounded Sales Growth
10 Years: 5%
5 Years: 9%
3 Years: 0%
TTM: 23%
Compounded Profit Growth
10 Years: 8%
5 Years: 0%
3 Years: -17%
TTM: 125%
Stock Price CAGR
10 Years: 7%
5 Years: -1%
3 Years: -10%
1 Year: 5%
Return on Equity
10 Years: 11%
5 Years: 8%
3 Years: 5%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 27 27 27 27 27 27 27 27 27 27 27 27
Reserves 528 666 814 854 973 983 1,095 1,246 1,262 1,287 1,306 1,384
326 266 341 250 294 254 157 51 22 25 13 1
309 246 284 278 318 259 278 322 329 301 325 318
Total Liabilities 1,190 1,205 1,466 1,410 1,613 1,523 1,557 1,646 1,639 1,640 1,672 1,730
460 447 599 596 650 662 668 665 762 772 916 890
CWIP 19 60 27 97 55 28 46 68 125 180 49 42
Investments 103 207 357 235 314 228 287 275 142 137 157 358
608 491 482 482 595 605 556 638 610 551 550 441
Total Assets 1,190 1,205 1,466 1,410 1,613 1,523 1,557 1,646 1,639 1,640 1,672 1,730

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
18 166 255 163 123 184 233 197 249 128 118 277
-36 -64 -260 -8 -145 -25 -115 -44 -177 -102 -90 -234
21 -106 6 -148 26 -166 -122 -149 -87 -25 -28 -27
Net Cash Flow 2 -4 1 7 4 -7 -4 5 -14 0 -0 16
Free Cash Flow -25 88 100 54 62 138 151 107 34 -3 31 226
CFO/OP 47% 153% 134% 99% 64% 94% 130% 102% 105% 134% 124% 156%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 46 38 38 48 48 47 51 50 40 39 45 33
Inventory Days 370 292 304 239 520 403 396 340 260 315 273 123
Days Payable 20 15 48 32 43 22 56 56 36 46 49 35
Cash Conversion Cycle 396 315 294 256 525 428 391 334 264 307 270 121
Working Capital Days 105 91 64 81 107 114 113 113 89 109 107 138
ROCE % 4% 11% 17% 15% 23% 17% 12% 17% 18% 5% 5% 10%

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
Average Sugar Recovery
%

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Total Cane Crushed
MT
Total Sugar Produced
MT
Caustic Soda Installed Capacity
TPD
Total Wind Power Capacity
MW
Sulphuric Acid Capacity
TPD
Thermal Power Capacity (Saggonda)
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
47.08% 47.08% 47.08% 47.19% 47.19% 46.98% 47.26% 47.28% 47.28% 49.94% 50.49% 50.49%
3.55% 3.38% 3.28% 3.02% 2.92% 2.89% 2.71% 2.69% 2.62% 2.54% 2.69% 2.53%
0.00% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
49.37% 49.50% 49.64% 49.79% 49.89% 50.13% 50.03% 50.03% 50.10% 47.52% 46.81% 46.97%
No. of Shareholders 45,09047,14247,85348,79953,40655,55054,92454,28954,61355,45554,37152,819

* 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.

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