Sukhjit Starch & Chemicals Ltd
Incorporated in 1943, The Sukhjit Starch & Chemicals Ltd is an Agro-Processing company that manufactures starch & its derivatives[1]
- Market Cap ₹ 540 Cr.
- Current Price ₹ 173
- High / Low ₹ 238 / 137
- Stock P/E 20.7
- Book Value ₹ 189
- Dividend Yield 0.58 %
- ROCE 7.24 %
- ROE 4.51 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.92 times its book value
Cons
- Company has a low return on equity of 6.95% over last 3 years.
- Dividend payout has been low at 10.1% of profits over last 3 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 531 | 565 | 652 | 701 | 741 | 797 | 699 | 1,157 | 1,435 | 1,371 | 1,486 | 1,426 | |
| 467 | 504 | 601 | 637 | 648 | 741 | 634 | 1,005 | 1,292 | 1,245 | 1,383 | 1,351 | |
| Operating Profit | 64 | 61 | 50 | 64 | 93 | 57 | 64 | 152 | 143 | 126 | 103 | 75 |
| OPM % | 12% | 11% | 8% | 9% | 13% | 7% | 9% | 13% | 10% | 9% | 7% | 5% |
| 2 | 3 | 2 | 5 | 2 | 8 | 4 | 1 | 2 | 8 | 7 | 17 | |
| Interest | 18 | 15 | 13 | 18 | 16 | 18 | 21 | 21 | 25 | 30 | 29 | 30 |
| Depreciation | 13 | 12 | 12 | 15 | 13 | 13 | 18 | 25 | 27 | 27 | 28 | 28 |
| Profit before tax | 34 | 36 | 28 | 36 | 66 | 33 | 30 | 107 | 93 | 77 | 53 | 34 |
| Tax % | 33% | 35% | 33% | 36% | 37% | -1% | 25% | 28% | 24% | 28% | 25% | 23% |
| 23 | 23 | 19 | 23 | 42 | 34 | 23 | 77 | 70 | 56 | 39 | 26 | |
| EPS in Rs | 7.84 | 7.79 | 6.42 | 7.78 | 14.13 | 11.36 | 7.66 | 24.77 | 22.48 | 17.83 | 12.64 | 8.35 |
| Dividend Payout % | 16% | 16% | 19% | 21% | 27% | 9% | 20% | 20% | 18% | 22% | 8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 0% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 5% |
| 3 Years: | -28% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 8% |
| 3 Years: | -6% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 11% |
| 3 Years: | 7% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 193 | 212 | 235 | 252 | 274 | 306 | 326 | 409 | 469 | 512 | 552 | 575 |
| 165 | 129 | 106 | 151 | 151 | 281 | 244 | 248 | 301 | 313 | 282 | 329 | |
| 52 | 61 | 77 | 96 | 92 | 107 | 122 | 109 | 120 | 147 | 155 | 143 | |
| Total Liabilities | 418 | 410 | 425 | 507 | 533 | 709 | 706 | 783 | 905 | 987 | 1,005 | 1,062 |
| 218 | 221 | 234 | 232 | 234 | 233 | 377 | 381 | 434 | 432 | 454 | 437 | |
| CWIP | 5 | 9 | 10 | 14 | 68 | 181 | 67 | 64 | 16 | 29 | 17 | 9 |
| Investments | 14 | 25 | 39 | 64 | 93 | 49 | 47 | 104 | 116 | 121 | 91 | 113 |
| 181 | 154 | 142 | 196 | 138 | 246 | 215 | 234 | 339 | 404 | 443 | 503 | |
| Total Assets | 418 | 410 | 425 | 507 | 533 | 709 | 706 | 783 | 905 | 987 | 1,005 | 1,062 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 63 | 87 | 40 | 13 | 127 | -51 | 90 | 141 | 28 | 66 | 56 | ||
| -20 | -31 | -29 | -38 | -94 | -73 | -41 | -103 | -41 | -36 | -0 | ||
| -32 | -60 | -21 | 25 | -29 | 125 | -49 | -38 | 13 | -27 | -56 | ||
| Net Cash Flow | 12 | -3 | -10 | 0 | 3 | 1 | -0 | 0 | 0 | 3 | 0 | |
| Free Cash Flow | 35 | 67 | 23 | -3 | 58 | -173 | 42 | 114 | -7 | 27 | 17 | |
| CFO/OP | 109% | 155% | 93% | 32% | 155% | -68% | 149% | 108% | 33% | 64% | 66% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 38 | 37 | 34 | 37 | 30 | 25 | 33 | 21 | 20 | 21 | 28 | 24 |
| Inventory Days | 93 | 55 | 45 | 76 | 45 | 101 | 84 | 49 | 64 | 87 | 74 | 99 |
| Days Payable | 28 | 32 | 26 | 30 | 24 | 27 | 34 | 24 | 20 | 28 | 25 | 24 |
| Cash Conversion Cycle | 103 | 60 | 53 | 82 | 50 | 99 | 82 | 46 | 65 | 80 | 77 | 100 |
| Working Capital Days | 15 | 12 | 20 | 19 | 22 | 22 | 22 | 1 | 9 | 14 | 29 | 56 |
| ROCE % | 15% | 14% | 12% | 13% | 19% | 9% | 8% | 20% | 16% | 12% | 9% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Employees Number |
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| Total Maize Grinding Capacity TPD |
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| Manufacturing Units Number |
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| Maize Grind Volume Metric Tons |
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| Capacity Utilization (Group) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 May - Sukhjit Starch reported Q4 FY26 revenue of Rs 401.94 crore, PAT Rs 13.23 crore, and FY26 results.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
27 May - Board approved FY26 audited results, recommended 20% dividend, shifted registered office, and reappointed Executive Director.
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Announcement under Regulation 30 (LODR)-Change in Management
27 May - Board approves reappointment of Executive Director Madan Gopal Sharma for 5 years and cost auditor for FY27.
- Corporate Action-Board approves Dividend 27 May
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2025TranscriptPPT
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Aug 2025TranscriptPPT
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Jun 2025TranscriptPPT
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Nov 2024TranscriptPPTREC
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Aug 2024TranscriptPPTREC
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Aug 2024TranscriptPPT
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Jun 2024TranscriptPPT
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Jun 2024TranscriptPPTREC
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Nov 2023TranscriptPPTREC
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Jun 2023Transcript PPT REC
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Dec 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
Business Overview:[1]
SSCL is a part of the Sardana family and associates. The company primarily manufactures starch, its derivatives, and
other by-products.