Ponni Sugars (Erode) Ltd
₹ 328
2.49%
02 Nov
1:12 p.m.
About
Incorporated in 1986, Ponni Sugars (Erode)
Ltd manufactures sugar and co-generates
power[1]
Key Points
- Market Cap ₹ 282 Cr.
- Current Price ₹ 328
- High / Low ₹ 455 / 252
- Stock P/E 7.33
- Book Value ₹ 677
- Dividend Yield 1.52 %
- ROCE 7.27 %
- ROE -2.14 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.47 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 26.5 to 19.3 days.
- Promoter holding has increased by 3.50% over last quarter.
Cons
- The company has delivered a poor sales growth of 10.1% over past five years.
- Company has a low return on equity of 3.41% over last 3 years.
- Earnings include an other income of Rs.60.5 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.
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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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 160 | 169 | 251 | 196 | 185 | 310 | 256 | 288 | 435 | 421 | 359 | 415 | 492 | |
| 165 | 168 | 213 | 175 | 165 | 269 | 226 | 253 | 395 | 378 | 333 | 378 | 433 | |
| Operating Profit | -5 | 2 | 38 | 21 | 20 | 41 | 30 | 36 | 40 | 43 | 26 | 36 | 59 |
| OPM % | -3.4% | 1.0% | 15% | 11% | 11% | 13% | 12% | 12% | 9% | 10% | 7% | 9% | 12% |
| 11 | 12 | -6 | -9 | 2 | 5 | 6 | 7 | 15 | 18 | 12 | 65 | 61 | |
| Interest | 5 | 6 | 5 | 2 | 3 | 3 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 6 | 8 | 9 | 10 | 11 | 12 |
| Profit before tax | -5 | 3 | 22 | 4 | 12 | 36 | 29 | 36 | 48 | 52 | 28 | 90 | 107 |
| 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 | 57 | |
| 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 | 65.84 |
| 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: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 204% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 7% |
| 3 Years: | -8% |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | -2% |
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 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 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 | 574 |
| 78 | 77 | 49 | 7 | 35 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 51 | 50 | 32 | 48 | 63 | 48 | 50 | 50 | 62 | 53 | 48 | 84 | 94 | |
| Total Liabilities | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 605 | 580 | 652 | 676 |
| 128 | 123 | 118 | 120 | 114 | 109 | 104 | 112 | 118 | 123 | 130 | 143 | 144 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 2 | 11 | 2 | 4 |
| Investments | 21 | 21 | 141 | 156 | 169 | 95 | 151 | 170 | 225 | 290 | 255 | 244 | 242 |
| 100 | 105 | 79 | 53 | 108 | 111 | 120 | 133 | 170 | 189 | 183 | 263 | 286 | |
| Total Assets | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 605 | 580 | 652 | 676 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -192% | 369% | 105% | 254% | -107% | 51% | 112% | 44% | 48% | 59% | 56% | 103% |
Ratios
| 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 | 179 |
| Days Payable | 99 | 85 | 34 | 109 | 138 | 51 | 76 | 66 | 48 | 30 | 26 | 30 |
| Cash Conversion Cycle | 162 | 153 | 114 | 18 | 180 | 100 | 93 | 135 | 78 | 121 | 192 | 168 |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Average Crushing Rate TCD (tonnes per day) |
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| Cane Crushed tonnes |
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| Crushing Days days |
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| Power Production lakh kWh |
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| Sugar Produced tonnes |
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| Sugar Recovery Rate % |
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| Average Power Realisation ₹ per unit |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Unaudited Financial Results for the quarter and six months ended 30th September 2026
-
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Six Months Ended 30Th September 2026
- Ponni Sugars posted Q2 FY27 revenue of ₹16157 lakh and profit after tax of ₹2169 lakh.
-
Unaudited Financial Results For The Quarter And Six Months Ended 30Th September 2026
- Ponni Sugars reported Q2 FY27 revenue of ₹161.57 crore and net profit of ₹21.69 crore.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
-
Board Meeting Intimation for Unaudited Financial Results
- Board to meet on 23 October 2026 to approve Q2 and H1 FY2026-27 results.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
from bse
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Annual Report 2012
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).