Ponni Sugars (Erode) Ltd

Ponni Sugars (Erode) Ltd

₹ 303 -0.41%
26 May - close price
About

Incorporated in 1986, Ponni Sugars (Erode)
Ltd manufactures sugar and co-generates
power[1]

Key Points

Business Profile[1]
Ponni Sugars (Erode) processes sugarcane into sugar and its byproducts. It also generates electricity by utilizing bagasse (a sugarcane byproduct) for power generation. Bagasse is also sold to associated companies like Seshasayee Paper and Boards Ltd (SPB).

  • Market Cap 260 Cr.
  • Current Price 303
  • High / Low 369 / 252
  • Stock P/E 12.5
  • Book Value 661
  • Dividend Yield 1.65 %
  • ROCE 7.13 %
  • ROE 3.79 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.46 times its book value
  • Debtor days have improved from 26.5 to 19.3 days.

Cons

  • The company has delivered a poor sales growth of 10.1% over past five years.
  • Company has a low return on equity of 5.46% over last 3 years.
  • Earnings include an other income of Rs.66.1 Cr.
  • Dividend payout has been low at 11.7% of profits 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

Figures in Rs. Crores

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
99 98 128 124 71 55 95 116 94 60 114 151 90
89 98 110 110 61 57 82 112 83 69 96 142 72
Operating Profit 11 0 18 15 10 -2 13 4 12 -9 17 9 18
OPM % 11% 0% 14% 12% 14% -4% 13% 4% 13% -14% 15% 6% 20%
2 10 2 2 4 6 4 1 2 8 2 4 52
Interest 0 0 0 0 0 0 -0 0 0 0 0 0 1
Depreciation 2 2 2 2 2 2 2 2 3 3 3 3 3
Profit before tax 10 8 18 15 12 1 14 3 11 -3 17 10 66
Tax % 34% 13% 16% 21% -16% 13% 16% 8% 58% -15% 15% 8% 60%
7 7 15 12 14 1 12 2 5 -3 15 9 27
EPS in Rs 7.94 7.75 17.43 13.55 15.77 0.94 13.41 2.80 5.27 -3.12 16.93 11.01 31.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
160 169 251 196 185 310 256 288 435 421 359 415
165 168 213 175 165 269 226 253 395 378 333 379
Operating Profit -5 2 38 21 20 41 30 36 40 43 26 36
OPM % -3% 1% 15% 11% 11% 13% 12% 12% 9% 10% 7% 9%
11 12 -6 -9 2 5 6 7 15 18 12 66
Interest 5 6 5 2 3 3 1 0 0 0 0 1
Depreciation 6 6 6 6 6 7 7 6 8 9 10 11
Profit before tax -5 3 22 4 12 36 29 36 48 52 28 90
Tax % -33% 27% 28% 12% 30% 14% 10% 19% 19% 10% 31% 47%
-4 2 16 3 8 31 26 29 38 47 19 48
EPS in Rs -4.24 2.21 18.52 3.88 9.80 35.98 29.84 34.02 44.59 54.50 22.42 55.86
Dividend Payout % 0% 54% 14% 26% 20% 11% 17% 16% 15% 13% 13% 9%
Compounded Sales Growth
10 Years: 9%
5 Years: 10%
3 Years: -2%
TTM: 15%
Compounded Profit Growth
10 Years: 16%
5 Years: -4%
3 Years: -18%
TTM: 8%
Stock Price CAGR
10 Years: 5%
5 Years: 10%
3 Years: -8%
1 Year: -10%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 5%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

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 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 112 113 248 264 284 239 318 360 444 543 524 560
78 77 49 7 35 20 0 0 0 0 0 0
51 50 32 48 63 48 50 50 62 53 48 84
Total Liabilities 249 249 338 328 391 315 376 419 515 605 580 652
128 123 118 120 114 109 104 112 118 123 130 143
CWIP 0 0 0 0 0 0 0 4 1 2 11 2
Investments 21 21 141 156 169 95 151 170 225 290 255 244
100 105 79 53 108 111 120 133 170 189 183 263
Total Assets 249 249 338 328 391 315 376 419 515 605 580 652

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
11 6 35 51 -22 16 29 11 11 16 10 31
-0 0 -0 -5 2 1 3 -13 1 -12 -5 -31
-11 -6 -34 -46 23 -19 -24 -4 -5 -6 -6 -3
Net Cash Flow -0 0 1 -1 3 -3 7 -6 7 -2 -1 -4
Free Cash Flow 10 6 34 43 -23 13 27 -7 0 2 -17 16
CFO/OP -192% 369% 105% 254% -107% 51% 112% 44% 48% 59% 56% 106%

Ratios

Figures in Rs. Crores

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 34 61 35 34 75 82 58 57 19 29 31 19
Inventory Days 226 177 113 93 243 69 111 143 107 122 187 174
Days Payable 99 85 34 109 138 51 76 66 48 30 26 29
Cash Conversion Cycle 162 153 114 18 180 100 93 135 78 121 192 164
Working Capital Days 27 37 41 5 29 64 77 104 54 84 125 110
ROCE % -5% -1% 13% 6% 6% 13% 10% 10% 12% 10% 5% 7%

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
Power Exported
Lakh Units

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Power Generated
Lakh Units
Sugar Produced
Tonnes
Sugar Recovery Rate
%
Sugarcane Crushed
Tonnes
Sugarcane Crushing Capacity
TCD
Cogen Plant Capacity
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
42.36% 42.36% 42.36% 42.36% 47.26% 47.26% 47.26% 47.34% 47.34% 47.34% 47.34% 47.34%
23.27% 22.91% 22.85% 22.64% 12.89% 10.90% 9.50% 9.52% 9.48% 9.46% 9.46% 9.60%
0.05% 0.05% 0.05% 0.05% 0.70% 0.93% 0.93% 0.93% 0.93% 0.93% 0.22% 0.05%
34.32% 34.70% 34.74% 34.96% 39.16% 40.91% 42.31% 42.22% 42.26% 42.27% 42.99% 43.01%
No. of Shareholders 16,66017,43417,33517,04418,45618,39618,30718,26418,21818,01117,75017,411

* 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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