Shree Renuka Sugars Ltd

Shree Renuka Sugars Ltd

₹ 46.9 0.13%
04 Mar 4:01 p.m.
About

Incorporated in 1995, Shree Renuka Sugars Ltd does manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power[1]

Key Points

Business Overview:[1][2]
SRSL is a subsidiary of Wilmar Sugar Holdings Pte Limited, which in turn is a wholly-owned subsidiary of the Wilmar Group’s holding company, Wilmar International Limited. Company deals in Sugar, Ethanol and Power. Company operates integrated sugar mills and port based refineries in India

  • Market Cap 9,972 Cr.
  • Current Price 46.9
  • High / Low 57.2 / 39.4
  • Stock P/E
  • Book Value -5.59
  • Dividend Yield 0.00 %
  • ROCE 9.41 %
  • ROE %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1,388 1,320 831 1,414 2,014 2,173 1,953 2,188 2,552 2,328 2,284 2,555 3,014
1,280 1,070 919 1,380 1,843 1,898 1,901 2,142 2,344 2,070 2,213 2,491 2,822
Operating Profit 108 250 -88 35 171 274 52 46 207 259 71 64 192
OPM % 8% 19% -11% 2% 9% 13% 3% 2% 8% 11% 3% 2% 6%
25 -133 5 34 11 18 17 16 12 42 71 10 48
Interest 92 100 105 97 91 100 124 134 144 190 214 217 244
Depreciation 52 52 54 54 48 52 58 60 60 60 64 64 69
Profit before tax -12 -35 -241 -82 44 141 -113 -132 15 50 -137 -207 -74
Tax % -1,106% -28% 0% -20% 0% -13% -1% -7% 4% 12% -1% 1% -133%
-141 -45 -241 -98 43 159 -114 -142 14 45 -139 -206 -172
EPS in Rs -0.66 -0.21 -1.13 -0.46 0.20 0.73 -0.53 -0.66 0.07 0.20 -0.65 -0.96 -0.81
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
12,369 10,358 11,546 10,088 9,849 11,844 6,250 4,504 4,876 5,645 6,431 9,017 10,181
10,562 8,836 10,622 10,290 10,132 11,474 8,865 5,879 4,816 5,074 6,030 8,427 9,596
Operating Profit 1,807 1,522 925 -202 -284 370 -2,614 -1,376 60 571 401 590 585
OPM % 15% 15% 8% -2% -3% 3% -42% -31% 1% 10% 6% 7% 6%
186 -257 -568 27 80 377 528 111 2,823 74 61 59 170
Interest 1,038 868 959 922 976 958 519 560 511 384 393 591 865
Depreciation 1,022 887 1,076 991 776 955 240 221 211 209 208 238 257
Profit before tax -67 -490 -1,679 -2,089 -1,956 -1,166 -2,846 -2,046 2,161 52 -139 -180 -367
Tax % 55% 24% 12% 13% 8% 1% 23% 0% 10% 325% 1% -10%
-30 -374 -1,479 -1,814 -1,809 -1,152 -2,204 -2,037 1,950 -117 -137 -197 -472
EPS in Rs -0.46 -5.57 -22.02 -19.52 -19.48 -12.19 -8.89 -7.56 10.95 -0.54 -0.65 -0.93 -2.22
Dividend Payout % -216% -9% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 8%
3 Years: 23%
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: %
TTM: -465%
Stock Price CAGR
10 Years: 8%
5 Years: 32%
3 Years: 64%
1 Year: 4%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 67 67 67 93 93 95 192 192 192 213 213 213 213
Reserves 1,815 1,393 -564 -2,435 -1,856 -3,437 -1,899 -3,199 -1,074 -875 -821 -1,094 -1,402
Preference Capital 0 0 0 0 0 0 0 522 284 0 0 0
10,158 8,477 9,560 8,897 9,104 9,875 7,851 2,380 2,808 4,447 5,234 5,569 5,198
3,430 5,674 3,887 4,412 6,174 6,060 3,854 10,252 4,745 3,122 2,477 2,917 3,017
Total Liabilities 15,470 15,610 12,951 10,967 13,515 12,592 9,998 9,624 6,670 6,907 7,103 7,604 7,026
8,838 8,471 7,970 6,008 7,702 7,587 6,192 4,023 3,886 3,776 4,004 4,296 4,291
CWIP 365 225 32 33 37 35 29 100 142 7 217 114 76
Investments 194 235 167 85 86 121 108 19 19 60 43 42 42
6,074 6,678 4,782 4,841 5,690 4,849 3,669 5,482 2,623 3,063 2,839 3,151 2,617
Total Assets 15,470 15,610 12,951 10,967 13,515 12,592 9,998 9,624 6,670 6,907 7,103 7,604 7,026

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-125 3,672 224 734 488 1,118 -22 255 561 -1,564 -134 926
-2,086 -377 -0 91 -224 -864 -8 201 138 -108 -337 -450
1,686 -3,051 -408 -898 -272 -246 26 -473 -665 1,641 454 -332
Net Cash Flow -525 244 -185 -73 -9 7 -4 -18 34 -32 -16 145

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 9 9 20 22 27 31 44 23 10 10 16 8
Inventory Days 134 191 86 93 86 51 57 172 151 208 148 118
Days Payable 72 213 99 137 176 139 215 280 243 229 145 120
Cash Conversion Cycle 72 -14 7 -22 -63 -57 -114 -85 -82 -12 19 6
Working Capital Days 30 -59 -48 -102 -215 -178 -419 -604 -219 -11 21 7
ROCE % 9% 6% -1% -15% -14% -3% -53% -182% 16% 6% 9%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48%
1.42% 1.84% 1.61% 2.06% 2.12% 2.66% 4.08% 4.19% 4.34% 2.93% 3.16% 3.22%
18.27% 12.34% 11.05% 10.98% 10.53% 9.68% 10.50% 10.44% 10.10% 10.10% 10.12% 10.10%
17.83% 23.34% 24.86% 24.48% 24.87% 25.18% 22.94% 22.88% 23.07% 24.49% 24.23% 24.20%
No. of Shareholders 1,65,3792,43,0453,21,0813,41,8493,71,7994,73,8954,57,2124,79,4955,00,8585,15,8236,03,7076,78,153

* 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.

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Documents

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