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
- 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
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 |
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| Sugar Produced Tonnes |
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| Sugar Recovery Rate % |
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| Sugarcane Crushed Tonnes |
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| Sugarcane Crushing Capacity TCD |
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| Cogen Plant Capacity MW |
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Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 - Receipt Of Interim Order From Hon'Ble High Court Of Madras
49m - Madras HC interim order on 27 Apr 2026 in bagasse transfer-pricing writ; impact subject to petition outcome.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication on 30th Annual General Meeting of the Company is enclosed.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Newspaper Publication on transfer of unclaimed dividend and shares to IEPF is enclosed
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Compliances-Reg.24(A)-Annual Secretarial Compliance
21 May - Secretarial compliance report for FY ended 31 March 2026 shows full compliance and no violations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 May - Newspaper Publication on Audited Financial Results for the quarter and year ended 31st March 2026
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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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 2012
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Financial Year 2011
from bse
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).