Shree Renuka Sugars Ltd

₹ 51.8 5.71%
31 Jan - close price
About

Shree Renuka Sugars Ltd is an agribusiness and bioenergy corporation present across the sugar value-chain. It produces sugar, ethanol, power etc. [1]

Key Points

Sugar: [1]
Co. has state-of-the-art fully integrated sugar mills to manufacture sugar. Molasses, bagasse and press mud, produced as by-products, are further used to manufacture value added products.
Co. has six mills in India with a total capacity of 36,500 TCD and two port-based sugar refineries with a total capacity of 5,500 TPD.

  • Market Cap 11,026 Cr.
  • Current Price 51.8
  • High / Low 68.8 / 30.4
  • Stock P/E
  • Book Value -4.37
  • Dividend Yield 0.00 %
  • ROCE 6.23 %
  • ROE %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -11.5% over past five 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.

Peer comparison

Sector: Sugar Industry: Sugar

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
1,407 990 1,432 1,344 1,596 1,388 1,320 831 1,414 2,014 2,173 1,953 2,188
1,460 990 1,366 1,228 1,466 1,280 1,070 919 1,380 1,843 1,898 1,901 2,142
Operating Profit -53 1 66 116 130 108 250 -88 35 171 274 52 46
OPM % -4% 0% 5% 9% 8% 8% 19% -11% 2% 9% 13% 3% 2%
3,058 13 5 10 139 25 -133 5 34 11 18 17 16
Interest 123 125 111 104 88 92 100 105 97 91 100 124 134
Depreciation 54 54 53 51 52 52 52 54 54 48 52 58 60
Profit before tax 2,829 -165 -93 -30 128 -12 -35 -241 -82 44 141 -113 -132
Tax % 3% -41% -56% -18% 18% -1,106% -28% 0% -20% 0% -13% -1% -7%
Net Profit 2,740 -233 -145 -35 105 -141 -45 -241 -98 43 159 -114 -142
EPS in Rs 14.70 -1.09 -0.76 -0.18 0.50 -0.66 -0.21 -1.13 -0.46 0.20 0.73 -0.53 -0.66
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Sep 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
7,669 12,369 10,358 11,546 10,088 9,849 11,844 6,250 4,504 4,876 5,645 6,431 8,328
6,506 10,562 8,836 10,622 10,290 10,132 11,474 8,865 5,879 4,816 5,074 6,030 7,784
Operating Profit 1,163 1,807 1,522 925 -202 -284 370 -2,614 -1,376 60 571 401 544
OPM % 15% 15% 15% 8% -2% -3% 3% -42% -31% 1% 10% 6% 7%
194 186 -257 -568 27 80 377 528 111 2,823 74 61 62
Interest 238 1,038 868 959 922 976 958 519 560 511 384 393 448
Depreciation 246 1,022 887 1,076 991 776 955 240 221 211 209 208 218
Profit before tax 874 -67 -490 -1,679 -2,089 -1,956 -1,166 -2,846 -2,046 2,161 52 -139 -61
Tax % 19% 55% 24% 12% 13% 8% 1% 23% 0% 10% 325% 1%
Net Profit 704 -30 -374 -1,479 -1,814 -1,809 -1,152 -2,204 -2,037 1,950 -117 -137 -53
EPS in Rs 10.49 -0.46 -5.57 -22.02 -19.52 -19.48 -12.19 -8.89 -7.56 10.95 -0.54 -0.65 -0.26
Dividend Payout % 10% -216% -9% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -6%
5 Years: -12%
3 Years: 13%
TTM: 68%
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: 24%
TTM: 79%
Stock Price CAGR
10 Years: 6%
5 Years: 29%
3 Years: 90%
1 Year: 60%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Sep 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
67 67 67 67 93 93 95 192 714 476 213 213 213
Reserves 2,281 1,815 1,393 -564 -2,435 -1,856 -3,437 -1,899 -3,199 -1,074 -875 -821 -1,143
6,508 10,158 8,477 9,560 8,897 9,104 9,875 7,851 2,380 2,808 4,447 5,234 5,420
3,827 3,430 5,674 3,887 4,412 6,174 6,060 3,854 10,252 4,745 3,122 2,477 2,027
Total Liabilities 12,682 15,470 15,610 12,951 10,967 13,515 12,592 9,998 9,624 6,670 6,907 7,103 6,517
7,282 8,838 8,471 7,970 6,008 7,702 7,587 6,192 4,023 3,886 3,776 4,004 3,912
CWIP 703 365 225 32 33 37 35 29 100 142 7 217 451
Investments 119 194 235 167 85 86 121 108 19 19 60 43 43
4,579 6,074 6,678 4,782 4,841 5,690 4,849 3,669 5,482 2,623 3,063 2,839 2,111
Total Assets 12,682 15,470 15,610 12,951 10,967 13,515 12,592 9,998 9,624 6,670 6,907 7,103 6,517

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
1,637 -125 3,672 224 734 488 1,118 -22 255 561 -1,564 -135
-6,610 -2,086 -377 -0 91 -224 -864 -8 201 138 -108 -336
5,084 1,686 -3,051 -408 -898 -272 -246 26 -473 -665 1,641 454
Net Cash Flow 111 -525 244 -185 -73 -9 7 -4 -18 34 -32 -16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 2010 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 25 9 9 20 22 27 31 44 23 10 10 16
Inventory Days 114 134 191 86 93 86 51 57 172 151 208 150
Days Payable 176 72 213 99 137 176 139 215 280 243 229 148
Cash Conversion Cycle -37 72 -14 7 -22 -63 -57 -114 -85 -82 -12 19
Working Capital Days 14 30 -59 -48 -102 -215 -178 -419 -604 -219 -11 21
ROCE % 17% 9% 6% -1% -15% -14% -3% -45% -46% 230% 16% 6%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
58.34 58.34 62.48 62.48 62.48 62.48 62.48 62.48 62.48 62.48 62.48 62.48
1.55 1.53 1.38 1.39 1.42 1.84 1.61 2.06 2.12 2.66 4.08 4.19
25.22 24.92 21.55 20.98 18.27 12.34 11.05 10.98 10.53 9.68 10.50 10.44
14.89 15.21 14.59 15.15 17.83 23.34 24.86 24.48 24.87 25.18 22.94 22.88

* 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.

Documents