Sukhjit Starch & Chemicals Ltd

Sukhjit Starch & Chemicals Ltd

₹ 197 -1.16%
11 Jun - close price
About

Incorporated in 1943, The Sukhjit Starch & Chemicals Ltd is an Agro-Processing company that manufactures starch & its derivatives[1]

Key Points

Business Overview:[1]
SSCL is a part of the Sardana family and associates. The company primarily manufactures starch, its derivatives, and
other by-products.

  • Market Cap 616 Cr.
  • Current Price 197
  • High / Low 324 / 172
  • Stock P/E 15.4
  • Book Value 174
  • Dividend Yield 2.03 %
  • ROCE 9.99 %
  • ROE 7.64 %
  • Face Value 5.00

Pros

  • Stock is trading at 1.13 times its book value
  • Company has been maintaining a healthy dividend payout of 17.5%

Cons

  • Company has a low return on equity of 10.3% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
353.02 361.78 346.93 346.60 391.26 322.85 321.21 361.37 369.92 395.13 367.81 375.26 359.75
303.73 321.67 309.67 314.51 353.63 294.67 291.78 324.35 336.53 361.41 336.06 345.96 342.83
Operating Profit 49.29 40.11 37.26 32.09 37.63 28.18 29.43 37.02 33.39 33.72 31.75 29.30 16.92
OPM % 13.96% 11.09% 10.74% 9.26% 9.62% 8.73% 9.16% 10.24% 9.03% 8.53% 8.63% 7.81% 4.70%
0.00 0.50 0.52 1.13 0.90 2.44 2.89 1.55 2.81 0.93 2.54 1.71 3.06
Interest 5.20 6.09 7.37 6.86 7.96 8.00 8.17 8.44 8.41 7.46 8.83 7.86 5.93
Depreciation 8.78 8.96 8.95 8.81 8.91 8.60 8.61 9.11 8.51 8.72 8.71 8.82 9.65
Profit before tax 35.31 25.56 21.46 17.55 21.66 14.02 15.54 21.02 19.28 18.47 16.75 14.33 4.40
Tax % 35.68% 25.04% 25.16% 23.93% 31.67% 23.89% 26.71% 23.79% 38.38% 25.18% 25.07% 24.77% 36.36%
22.71 19.16 16.06 13.35 14.80 10.67 11.39 16.02 11.88 13.82 12.55 10.78 2.80
EPS in Rs 7.28 6.14 5.15 4.28 4.74 3.42 3.65 5.13 3.81 4.43 4.02 3.45 0.90
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
506 532 565 652 701 742 799 699 1,159 1,447 1,375 1,498
457 468 505 602 638 650 743 634 1,001 1,299 1,247 1,386
Operating Profit 49 64 60 50 63 92 56 65 158 147 128 112
OPM % 10% 12% 11% 8% 9% 12% 7% 9% 14% 10% 9% 7%
3 2 3 2 5 3 10 8 3 3 10 8
Interest 17 18 15 13 18 16 19 23 24 28 33 30
Depreciation 12 13 12 12 15 13 14 22 35 36 35 36
Profit before tax 23 34 35 27 36 66 33 28 102 86 70 54
Tax % 32% 33% 36% 33% 37% 37% -1% 26% 29% 27% 28% 26%
16 23 22 18 23 42 33 21 73 63 50 40
EPS in Rs 5.35 7.74 7.59 6.20 7.66 14.11 11.23 7.09 23.35 20.31 16.01 12.79
Dividend Payout % 16% 16% 16% 20% 21% 27% 9% 21% 21% 20% 25% 8%
Compounded Sales Growth
10 Years: 11%
5 Years: 13%
3 Years: 9%
TTM: 9%
Compounded Profit Growth
10 Years: 6%
5 Years: 7%
3 Years: -18%
TTM: -13%
Stock Price CAGR
10 Years: 13%
5 Years: 18%
3 Years: -4%
1 Year: -14%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 10%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 7 7 7 7 7 15 15 15 16 16 16 16
Reserves 169 189 208 229 246 269 300 318 397 450 487 527
161 165 129 106 153 186 322 312 288 332 338 299
62 52 61 77 111 123 163 152 148 155 181 188
Total Liabilities 399 414 405 419 518 593 799 797 849 953 1,022 1,030
200 219 222 234 233 244 249 509 513 559 551 566
CWIP 10 5 9 11 32 128 282 74 64 17 31 19
Investments 14 9 19 33 47 77 11 9 66 78 83 53
175 181 154 141 205 144 257 205 206 300 356 392
Total Assets 399 414 405 419 518 593 799 797 849 953 1,022 1,030

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
31 65 86 40 11 126 -61 116 144 41 78 68
-22 -22 -30 -29 -43 -146 -92 -68 -85 -43 -39 -1
-4 -31 -59 -21 42 18 151 -50 -60 2 -36 -66
Net Cash Flow 6 12 -3 -10 11 -2 -2 -2 -0 0 3 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 39 39 38 34 37 30 25 33 21 20 21 28
Inventory Days 109 94 55 45 76 45 101 85 55 68 92 75
Days Payable 29 28 32 26 30 27 28 39 27 22 30 26
Cash Conversion Cycle 119 105 61 54 83 49 98 79 49 67 83 77
Working Capital Days 83 76 58 51 70 40 73 54 37 52 65 80
ROCE % 12% 15% 14% 12% 13% 19% 8% 7% 19% 15% 12% 10%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
66.14% 66.16% 66.18% 66.21% 66.21% 66.22% 66.24% 66.34% 66.34% 66.33% 66.01% 66.05%
0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.02% 0.01% 0.07% 0.06% 0.01% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.22% 0.00% 0.00% 0.00% 0.00% 0.00%
33.86% 33.84% 33.83% 33.78% 33.78% 33.78% 33.52% 33.66% 33.60% 33.62% 33.97% 33.94%
No. of Shareholders 6,4076,6237,1426,9858,0188,4538,76110,15010,2209,79510,29410,379

* 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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