Ponni Sugars (Erode) Ltd
₹ 432
-1.82%
24 Apr
- close price
About
Incorporated in 1986, Ponni Sugars (Erode)
Ltd manufactures sugar and co-generates
power[1]
Key Points
- Market Cap ₹ 371 Cr.
- Current Price ₹ 432
- High / Low ₹ 497 / 344
- Stock P/E 9.25
- Book Value ₹ 692
- Dividend Yield 1.51 %
- ROCE 11.7 %
- ROE 9.34 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.62 times its book value
- Debtor days have improved from 44.9 to 18.9 days.
- Company's working capital requirements have reduced from 78.2 days to 54.0 days
Cons
- Company has a low return on equity of 8.93% over last 3 years.
- Earnings include an other income of Rs.15.2 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
Upcoming result date: tomorrow
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
269 | 212 | 169 | 160 | 169 | 251 | 196 | 185 | 310 | 256 | 288 | 435 | 449 | |
237 | 186 | 170 | 165 | 168 | 213 | 175 | 165 | 269 | 226 | 253 | 395 | 406 | |
Operating Profit | 32 | 27 | -1 | -5 | 2 | 38 | 21 | 20 | 41 | 30 | 36 | 40 | 44 |
OPM % | 12% | 13% | -1% | -3% | 1% | 15% | 11% | 11% | 13% | 12% | 12% | 9% | 10% |
-1 | 0 | 8 | 11 | 12 | -6 | -9 | 2 | 5 | 6 | 7 | 15 | 15 | |
Interest | 1 | 4 | 7 | 5 | 6 | 5 | 2 | 3 | 3 | 1 | 0 | 0 | 0 |
Depreciation | 3 | 12 | 3 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 6 | 8 | 8 |
Profit before tax | 26 | 12 | -3 | -5 | 3 | 22 | 4 | 12 | 36 | 29 | 36 | 48 | 51 |
Tax % | 32% | -57% | -70% | 33% | 27% | 28% | 12% | 30% | 14% | 10% | 19% | 19% | |
18 | 19 | -5 | -4 | 2 | 16 | 3 | 8 | 31 | 26 | 29 | 38 | 40 | |
EPS in Rs | 20.69 | 22.23 | -5.56 | -4.24 | 2.21 | 18.52 | 3.88 | 9.80 | 35.98 | 29.84 | 34.02 | 44.59 | 46.67 |
Dividend Payout % | 12% | 7% | -11% | 0% | 54% | 14% | 26% | 20% | 11% | 17% | 16% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 12% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 23% |
3 Years: | 8% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 27% |
3 Years: | 39% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 103 | 121 | 115 | 112 | 113 | 248 | 264 | 284 | 239 | 318 | 360 | 444 | 586 |
50 | 82 | 83 | 78 | 77 | 49 | 7 | 35 | 20 | 0 | 0 | 0 | 0 | |
66 | 52 | 45 | 51 | 50 | 32 | 48 | 63 | 48 | 50 | 50 | 62 | 76 | |
Total Liabilities | 228 | 263 | 252 | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 671 |
44 | 133 | 133 | 128 | 123 | 118 | 120 | 114 | 109 | 104 | 112 | 118 | 118 | |
CWIP | 84 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 7 |
Investments | 21 | 21 | 21 | 21 | 21 | 141 | 156 | 169 | 95 | 151 | 170 | 225 | 367 |
78 | 109 | 97 | 100 | 105 | 79 | 53 | 108 | 111 | 120 | 133 | 170 | 179 | |
Total Assets | 228 | 263 | 252 | 249 | 249 | 338 | 328 | 391 | 315 | 376 | 419 | 515 | 671 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
54 | -9 | 9 | 11 | 6 | 35 | 51 | -22 | 16 | 29 | 11 | 11 | |
-85 | -14 | -3 | -0 | 0 | -0 | -5 | 2 | 1 | 3 | -13 | 1 | |
30 | 24 | -7 | -11 | -6 | -34 | -46 | 23 | -19 | -24 | -4 | -5 | |
Net Cash Flow | -1 | 1 | -1 | -0 | 0 | 1 | -1 | 3 | -3 | 7 | -6 | 7 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 29 | 25 | 34 | 61 | 35 | 34 | 75 | 82 | 58 | 57 | 19 |
Inventory Days | 92 | 198 | 225 | 226 | 177 | 113 | 93 | 243 | 69 | 111 | 143 | 106 |
Days Payable | 62 | 74 | 79 | 99 | 85 | 34 | 109 | 138 | 51 | 76 | 66 | 48 |
Cash Conversion Cycle | 46 | 153 | 171 | 162 | 153 | 114 | 18 | 180 | 100 | 93 | 135 | 77 |
Working Capital Days | 24 | 90 | 108 | 106 | 92 | 60 | 8 | 98 | 80 | 77 | 104 | 54 |
ROCE % | 21% | 9% | -1% | -5% | -1% | 13% | 6% | 6% | 13% | 10% | 10% | 12% |
Documents
Announcements
- Disclosure Under Regulation 31A (8) Of SEBI (LODR) Regulation, 2015 18 Apr
- Compliance Certificate Under Regulation 40 (10) 16 Apr
- Board Meeting Intimation for To Consider And Approve Audited Financial Results For The Quarter And Year Ended 31-March-2024 And Also Consider Declaration Or Passing Over Of Dividend For FY 2023-24 10 Apr
- Compliance Certificate For The Period Ended 31St March 2024 Under Regulation 7 (3) 5 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Apr
Annual reports
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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
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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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.