KM Sugar Mills Ltd

KM Sugar Mills Ltd

₹ 35.2 -0.57%
26 Feb - close price
About

Incorporated in 1971, KM Sugar Mills Ltd manufactures and trades sugar, ethanol, ethyl alcohol, and generation of power using bagasse[1]

Key Points

Business Overview:[1]
KMSML is in the business of manufacturing Sugar, Distillery Products and in Generation of Electricity. It also exports and does domestic sugar trading along with manufacturing activities

  • Market Cap 323 Cr.
  • Current Price 35.2
  • High / Low 39.4 / 22.8
  • Stock P/E 15.4
  • Book Value 31.8
  • Dividend Yield 0.00 %
  • ROCE 8.84 %
  • ROE 8.76 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.10 times its book value

Cons

  • The company has delivered a poor sales growth of 4.46% over past five years.
  • Company has a low return on equity of 13.1% over last 3 years.
  • Dividend payout has been low at 1.48% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -8.28%

* 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: Sugar Industry: Sugar

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
123.79 63.67 170.45 201.90 70.12 105.87 136.99 159.77 188.20 90.57 251.17 169.17 113.89
112.79 50.21 145.31 178.77 55.89 95.38 126.40 152.69 160.97 85.77 224.52 154.12 105.35
Operating Profit 11.00 13.46 25.14 23.13 14.23 10.49 10.59 7.08 27.23 4.80 26.65 15.05 8.54
OPM % 8.89% 21.14% 14.75% 11.46% 20.29% 9.91% 7.73% 4.43% 14.47% 5.30% 10.61% 8.90% 7.50%
0.61 1.38 1.33 0.77 2.43 5.38 1.68 2.81 2.49 4.38 1.11 1.61 2.74
Interest 1.48 3.72 4.31 2.85 1.77 2.86 3.93 4.16 2.14 3.62 5.32 3.99 2.27
Depreciation 3.76 3.88 3.43 3.72 3.96 4.07 3.62 3.42 3.79 5.05 5.72 5.46 5.69
Profit before tax 6.37 7.24 18.73 17.33 10.93 8.94 4.72 2.31 23.79 0.51 16.72 7.21 3.32
Tax % 33.91% 15.33% 25.36% 23.66% 32.11% 23.49% 28.39% 32.90% 25.85% -25.49% 27.09% 23.02% 18.98%
4.21 6.13 13.98 13.23 7.42 6.84 3.38 1.55 17.64 0.64 12.19 5.55 2.69
EPS in Rs 0.46 0.67 1.52 1.44 0.81 0.74 0.37 0.17 1.92 0.07 1.32 0.60 0.29
Raw PDF

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 TTM
550 346 340 463 390 531 503 548 576 625
520 316 290 446 352 482 447 475 526 570
Operating Profit 30 30 50 17 38 50 56 73 50 55
OPM % 6% 9% 15% 4% 10% 9% 11% 13% 9% 9%
7 6 9 37 14 11 4 10 11 10
Interest 14 17 8 11 8 18 11 12 14 15
Depreciation 14 9 12 13 12 15 15 15 16 22
Profit before tax 9 10 38 29 32 28 34 56 31 28
Tax % 17% -17% 26% 35% 24% 34% 23% 26% 26%
7 12 28 19 24 19 26 41 23 21
EPS in Rs 0.81 1.27 3.07 2.05 2.63 2.01 2.85 4.51 2.52 2.28
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 4% 0%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 3%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: 8%
TTM: -28%
Stock Price CAGR
10 Years: 41%
5 Years: 33%
3 Years: 46%
1 Year: 36%
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 13%
Last Year: 9%

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 Sep 2023
Equity Capital 18 18 18 18 18 18 18 18 18 18
Reserves -1 10 39 66 150 169 195 234 257 275
146 95 166 99 109 174 201 224 268 125
164 154 179 130 216 166 210 166 160 39
Total Liabilities 327 277 402 313 493 527 625 643 703 457
65 63 125 94 158 160 158 159 214 205
CWIP 0 0 0 0 7 0 8 0 5 8
Investments 0 0 4 7 7 27 24 30 63 10
262 214 273 212 321 339 434 454 421 234
Total Assets 327 277 402 313 493 527 625 643 703 457

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
11 70 15 72 6 -3 7 5 73
-23 -12 -73 -11 -22 -28 -21 -12 -105
17 -53 60 -58 10 30 16 9 30
Net Cash Flow 5 4 2 2 -5 -1 2 3 -3

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
Debtor Days 21 28 19 18 26 14 14 10 4
Inventory Days 160 217 345 151 338 248 362 350 298
Days Payable 104 133 141 102 235 111 177 123 110
Cash Conversion Cycle 77 112 223 67 128 152 200 238 192
Working Capital Days 57 43 91 44 88 104 164 169 144
ROCE % 18% 26% 20% 17% 14% 12% 15% 9%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.80% 64.56% 64.56% 64.56% 64.56% 64.56% 56.52% 56.52% 56.52% 56.52% 56.51% 56.51%
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.07% 0.00% 0.00% 0.00% 0.85% 0.00%
35.20% 35.44% 35.44% 35.44% 35.44% 35.41% 43.41% 43.48% 43.48% 43.48% 42.64% 43.49%
No. of Shareholders 17,91539,40839,96339,36945,17347,82047,12846,04545,76144,47745,88046,453

* 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.

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