Rajshree Sugars & Chemicals Ltd

Rajshree Sugars & Chemicals Ltd

₹ 65.5 2.58%
24 Apr 2:33 p.m.
About

Incorporated in 1985, Rajshree Sugars & Chemicals Ltd is in the business of Sugar, Distillery, Power and Biotechnology[1]

Key Points

Business Divisions:[1]
a) Sugar
b) Co-Generation of Power
c) Alcohol
d) Bio Products

  • Market Cap 217 Cr.
  • Current Price 65.5
  • High / Low 102 / 36.2
  • Stock P/E 8.24
  • Book Value 46.7
  • Dividend Yield 0.00 %
  • ROCE 11.0 %
  • ROE 22.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 37.5% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -10.3% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 5.06% over last 3 years.
  • Promoters have pledged 100% of their holding.
  • Earnings include an other income of Rs.63.4 Cr.
  • Promoter holding has decreased over last 3 years: -7.17%

* 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.

Peer comparison

Sector: Sugar Industry: Sugar

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
416 381 433 584 738 836 951 923 711 713 667 552
356 372 348 447 671 735 828 860 708 673 527 518
Operating Profit 60 8 84 136 67 102 123 64 3 40 140 34
OPM % 14% 2% 20% 23% 9% 12% 13% 7% 0% 6% 21% 6%
-4 -6 1 9 -23 -7 4 4 7 32 3 63
Interest 20 18 31 51 57 67 85 79 72 72 72 60
Depreciation 12 12 16 25 25 28 37 38 32 28 26 25
Profit before tax 25 -28 38 70 -38 0 5 -50 -95 -28 45 12
Tax % 15% 19% 33% 34% 11% 134% -14% 31% 31% 31% 35% -120%
21 -22 26 46 -34 -0 6 -34 -66 -19 29 27
EPS in Rs -14.11 -0.06 2.32 -14.44 -27.61 -7.73 10.46 9.42
Dividend Payout % 38% 0% 9% 15% 0% 0% 0% 0% 0% 0% 10% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: -10%
3 Years: -8%
TTM: -17%
Compounded Profit Growth
10 Years: 15%
5 Years: 38%
3 Years: 34%
TTM: -10%
Stock Price CAGR
10 Years: 7%
5 Years: 22%
3 Years: 53%
1 Year: 58%
Return on Equity
10 Years: -1%
5 Years: -28%
3 Years: 5%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Equity Capital 23 23 23 23 24 24 24 24 24 25 28 28
Reserves 77 55 78 117 88 88 93 59 -10 -27 77 103
244 344 438 486 536 636 639 713 736 780 615 458
162 210 154 177 160 219 299 318 223 171 393 170
Total Liabilities 506 631 692 803 808 966 1,055 1,113 974 949 1,112 760
242 248 477 448 481 504 636 621 588 562 551 528
CWIP 25 178 5 8 27 139 15 3 2 2 2 2
Investments 0 0 0 0 0 0 0 0 0 0 0 0
240 206 210 347 300 323 404 490 384 386 560 230
Total Assets 506 631 692 803 808 966 1,055 1,113 974 949 1,112 760

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
42 85 21 12 73 122 136 21 12 15 204 129
-89 -177 -52 7 -42 -163 -51 -10 2 -0 1 32
66 72 44 -4 -45 34 -87 71 -100 -16 -151 -215
Net Cash Flow 19 -20 12 16 -14 -7 -2 82 -86 -2 55 -54

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 27 20 11 16 19 33 23 13 19 28 31 31
Inventory Days 158 161 167 239 112 106 161 170 183 186 285 129
Days Payable 123 206 114 93 53 55 74 100 126 84 157 118
Cash Conversion Cycle 62 -25 64 161 78 84 110 83 75 130 159 42
Working Capital Days 77 19 65 117 30 18 12 30 35 30 -8 -35
ROCE % 0% 15% 21% 7% 12% 12% 4% -3% 2% 16% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.83% 40.66% 40.66% 40.66% 40.66% 40.65% 40.65% 40.65% 40.65% 40.65% 40.65% 40.65%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.04%
0.02% 15.01% 15.01% 15.01% 15.01% 15.01% 15.01% 14.52% 12.38% 11.80% 4.90% 2.88%
52.14% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.82% 46.94% 47.49% 54.43% 56.42%
No. of Shareholders 18,13018,63021,79922,15822,57322,24322,86923,15524,11725,21925,59630,879

* 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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