Ponni Sugars (Erode) Ltd
₹ 446
-2.18%
31 Oct
- close price
About
Incorporated in 1986, Ponni Sugars (Erode)
Ltd manufactures sugar and co-generates
power[1]
Key Points
- Market Cap ₹ 383 Cr.
- Current Price ₹ 446
- High / Low ₹ 599 / 344
- Stock P/E 10.2
- Book Value ₹ 691
- Dividend Yield 1.57 %
- ROCE 10.4 %
- ROE 9.33 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.64 times its book value
- Company has delivered good profit growth of 38.0% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 9.08% over last 3 years.
- Earnings include an other income of Rs.15.3 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.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
212 | 169 | 160 | 169 | 251 | 196 | 185 | 310 | 256 | 288 | 435 | 421 | 345 | |
186 | 170 | 165 | 168 | 213 | 175 | 165 | 269 | 226 | 253 | 395 | 378 | 310 | |
Operating Profit | 27 | -1 | -5 | 2 | 38 | 21 | 20 | 41 | 30 | 36 | 40 | 43 | 35 |
OPM % | 13% | -1% | -3% | 1% | 15% | 11% | 11% | 13% | 12% | 12% | 9% | 10% | 10% |
0 | 8 | 11 | 12 | -6 | -9 | 2 | 5 | 6 | 7 | 15 | 18 | 15 | |
Interest | 4 | 7 | 5 | 6 | 5 | 2 | 3 | 3 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 12 | 3 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 6 | 8 | 9 | 9 |
Profit before tax | 12 | -3 | -5 | 3 | 22 | 4 | 12 | 36 | 29 | 36 | 48 | 52 | 41 |
Tax % | -57% | 70% | -33% | 27% | 28% | 12% | 30% | 14% | 10% | 19% | 19% | 10% | |
19 | -5 | -4 | 2 | 16 | 3 | 8 | 31 | 26 | 29 | 38 | 47 | 38 | |
EPS in Rs | 22.23 | -5.56 | -4.24 | 2.21 | 18.52 | 3.88 | 9.80 | 35.98 | 29.84 | 34.02 | 44.59 | 54.50 | 43.67 |
Dividend Payout % | 7% | -11% | 0% | 54% | 14% | 26% | 20% | 11% | 17% | 16% | 15% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 18% |
3 Years: | 18% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 38% |
3 Years: | 22% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 30% |
3 Years: | 24% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 121 | 115 | 112 | 113 | 248 | 264 | 284 | 239 | 318 | 360 | 444 | 543 | 586 |
82 | 83 | 78 | 77 | 49 | 7 | 35 | 20 | 0 | 0 | 0 | 0 | 0 | |
52 | 45 | 51 | 50 | 32 | 48 | 63 | 48 | 50 | 50 | 62 | 53 | 60 | |
Total Liabilities | 263 | 252 | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 605 | 654 |
133 | 133 | 128 | 123 | 118 | 120 | 114 | 109 | 104 | 112 | 118 | 123 | 127 | |
CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 2 | 6 |
Investments | 21 | 21 | 21 | 21 | 141 | 156 | 169 | 95 | 151 | 170 | 225 | 290 | 336 |
109 | 97 | 100 | 105 | 79 | 53 | 108 | 111 | 120 | 133 | 170 | 189 | 185 | |
Total Assets | 263 | 252 | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 605 | 654 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 9 | 11 | 6 | 35 | 51 | -22 | 16 | 29 | 11 | 11 | 16 | |
-14 | -3 | -0 | 0 | -0 | -5 | 2 | 1 | 3 | -13 | 1 | -12 | |
24 | -7 | -11 | -6 | -34 | -46 | 23 | -19 | -24 | -4 | -5 | -6 | |
Net Cash Flow | 1 | -1 | -0 | 0 | 1 | -1 | 3 | -3 | 7 | -6 | 7 | -2 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 29 | 25 | 34 | 61 | 35 | 34 | 75 | 82 | 58 | 57 | 19 | 29 |
Inventory Days | 198 | 225 | 226 | 177 | 113 | 93 | 243 | 69 | 111 | 143 | 107 | 122 |
Days Payable | 74 | 79 | 99 | 85 | 34 | 109 | 138 | 51 | 76 | 66 | 48 | 35 |
Cash Conversion Cycle | 153 | 171 | 162 | 153 | 114 | 18 | 180 | 100 | 93 | 135 | 78 | 116 |
Working Capital Days | 90 | 108 | 106 | 92 | 60 | 8 | 98 | 80 | 77 | 104 | 54 | 84 |
ROCE % | 9% | -1% | -5% | -1% | 13% | 6% | 6% | 13% | 10% | 10% | 12% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Oct
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Oct - Announcement under Regulation 30 of LODR - Newspaper Publication - UAFR 30.09.2024
- Unaudited Financial Results For The Quarter And Six Months Ended September 30, 2024 18 Oct
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under SEBI regulations for Q2 2024.
-
Board Meeting Intimation for Considering And Approving The Unaudited Financial Results For The Quarter Ended 30Th September 2024
1 Oct - Board meeting to approve unaudited financial results.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from nse
Business Overview:[1][2]
PSEL is a part of Seshasayee Paper & Boards. It has an ISO 9001:2015 certification for Quality Management system and ISO 14001 :2015 certification for Environmental Management system. Company manufactures Sugar in Tamil Nadu. Its operations are partially integrated with a 19 MW co -generation plant. Company also derives income from sale of bagasse (to paper manufacturing companies) and molasses (to animal feed companies). They donot have a distillery unit to produce ethanol.