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 ₹ 530 Cr.
- Current Price ₹ 170
- High / Low ₹ 231 / 137
- Stock P/E 19.6
- Book Value ₹ 182
- Dividend Yield 0.59 %
- ROCE 7.62 %
- ROE 4.87 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.93 times its book value
Cons
- Company has a low return on equity of 6.99% over last 3 years.
- Dividend payout has been low at 10.9% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 532 | 565 | 652 | 701 | 742 | 799 | 699 | 1,159 | 1,447 | 1,375 | 1,498 | 1,432 | |
| 468 | 505 | 602 | 638 | 650 | 743 | 634 | 1,001 | 1,299 | 1,247 | 1,386 | 1,350 | |
| Operating Profit | 64 | 60 | 50 | 63 | 92 | 56 | 65 | 158 | 147 | 128 | 112 | 83 |
| OPM % | 12% | 11% | 8% | 9% | 12% | 7% | 9% | 14% | 10% | 9% | 7% | 6% |
| 2 | 3 | 2 | 5 | 3 | 10 | 8 | 3 | 3 | 10 | 8 | 19 | |
| Interest | 18 | 15 | 13 | 18 | 16 | 19 | 23 | 24 | 28 | 33 | 30 | 31 |
| Depreciation | 13 | 12 | 12 | 15 | 13 | 14 | 22 | 35 | 36 | 35 | 36 | 34 |
| Profit before tax | 34 | 35 | 27 | 36 | 66 | 33 | 28 | 102 | 86 | 70 | 54 | 36 |
| Tax % | 33% | 36% | 33% | 37% | 37% | -1% | 26% | 29% | 27% | 28% | 26% | 24% |
| 23 | 22 | 18 | 23 | 42 | 33 | 21 | 73 | 63 | 50 | 40 | 27 | |
| EPS in Rs | 7.74 | 7.59 | 6.20 | 7.66 | 14.11 | 11.23 | 7.09 | 23.35 | 20.31 | 16.01 | 12.79 | 8.65 |
| Dividend Payout % | 16% | 16% | 20% | 21% | 27% | 9% | 21% | 21% | 20% | 25% | 8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 15% |
| 3 Years: | 0% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 8% |
| 3 Years: | -24% |
| TTM: | -26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 8% |
| 3 Years: | -9% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 7% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 189 | 208 | 229 | 246 | 269 | 300 | 318 | 397 | 450 | 487 | 527 | 552 |
| 165 | 129 | 106 | 153 | 186 | 322 | 312 | 288 | 332 | 338 | 299 | 345 | |
| 52 | 61 | 77 | 111 | 123 | 163 | 152 | 148 | 155 | 181 | 188 | 177 | |
| Total Liabilities | 414 | 405 | 419 | 518 | 593 | 799 | 797 | 849 | 953 | 1,022 | 1,030 | 1,089 |
| 219 | 222 | 234 | 233 | 244 | 249 | 509 | 513 | 559 | 551 | 566 | 543 | |
| CWIP | 5 | 9 | 11 | 32 | 128 | 282 | 74 | 64 | 17 | 31 | 19 | 12 |
| Investments | 9 | 19 | 33 | 47 | 77 | 11 | 9 | 66 | 78 | 83 | 53 | 74 |
| 181 | 154 | 141 | 205 | 144 | 257 | 205 | 206 | 300 | 356 | 392 | 460 | |
| Total Assets | 414 | 405 | 419 | 518 | 593 | 799 | 797 | 849 | 953 | 1,022 | 1,030 | 1,089 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65 | 86 | 40 | 11 | 126 | -61 | 116 | 144 | 41 | 78 | 68 | 4 | |
| -22 | -30 | -29 | -43 | -146 | -92 | -68 | -85 | -43 | -39 | -1 | -10 | |
| -31 | -59 | -21 | 42 | 18 | 151 | -50 | -60 | 2 | -36 | -66 | 6 | |
| Net Cash Flow | 12 | -3 | -10 | 11 | -2 | -2 | -2 | -0 | 0 | 3 | 0 | -0 |
| Free Cash Flow | 37 | 66 | 23 | -18 | 7 | -218 | 45 | 116 | 10 | 42 | 34 | -11 |
| CFO/OP | 112% | 155% | 94% | 29% | 156% | -86% | 188% | 106% | 41% | 72% | 71% | 19% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 39 | 38 | 34 | 37 | 30 | 25 | 33 | 21 | 20 | 21 | 28 | 24 |
| Inventory Days | 94 | 55 | 45 | 76 | 45 | 101 | 85 | 55 | 68 | 92 | 78 | 105 |
| Days Payable | 28 | 32 | 26 | 30 | 27 | 28 | 39 | 27 | 22 | 30 | 27 | 26 |
| Cash Conversion Cycle | 105 | 61 | 54 | 83 | 49 | 98 | 79 | 49 | 67 | 83 | 79 | 102 |
| Working Capital Days | 15 | 12 | 19 | 18 | 21 | 19 | 9 | -8 | -0 | 1 | 18 | 46 |
| ROCE % | 15% | 14% | 12% | 13% | 19% | 8% | 7% | 19% | 15% | 12% | 9% | 8% |
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.