Sundrop Brands Ltd

Sundrop Brands Ltd

₹ 860 7.57%
22 May 3:11 p.m.
About

Agro Tech Foods Ltd is primarily engaged in the business of manufacturing and trading of edible oils and food products.[1]

Key Points

Product Segments
1) Foods Business (55% in FY24 vs 44%in FY22): [1] [2] The foods portfolio of the company comprises of five categories – Ready to Cook Snacks, Ready to Eat Snacks, Spreads, Breakfast Cereals, and Chocolates under its brands like Act II Popcorn and Sundrop Peanut Butter. The foods business grew by 11% between FY22 and FY24, backed by volume growth in ACT II products in the ready-to-eat snacks segment and new segments, like chocolate confectionery and breakfast cereals. [1] [3]

  • Market Cap 3,242 Cr.
  • Current Price 860
  • High / Low 1,152 / 644
  • Stock P/E 88.5
  • Book Value 382
  • Dividend Yield 0.37 %
  • ROCE 0.29 %
  • ROE 3.78 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company's working capital requirements have reduced from 69.5 days to 46.8 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -17.8%
  • The company has delivered a poor sales growth of 1.47% over past five years.
  • Promoter holding is low: 33.9%
  • Company has a low return on equity of 3.13% 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
213 186 236 225 202 187 201 193 178 181 206 208 304
200 180 226 209 189 176 193 184 173 175 200 194 304
Operating Profit 12 6 10 15 13 11 9 9 5 6 6 14 -0
OPM % 6% 3% 4% 7% 7% 6% 4% 5% 3% 3% 3% 7% -0%
2 0 0 0 0 1 0 0 3 0 0 -3 -141
Interest 1 1 1 1 1 1 1 0 0 1 0 0 0
Depreciation 5 5 6 6 6 5 5 5 5 5 6 6 9
Profit before tax 9 0 4 9 7 6 3 3 2 0 0 5 -151
Tax % 26% 8% 26% 27% 25% 27% 26% 26% 33% 29% 76% 25% -25%
6 0 3 7 5 5 2 3 1 0 0 4 -114
EPS in Rs 2.59 0.09 1.24 2.80 2.06 1.86 0.77 1.03 0.61 0.08 0.02 1.60 -30.25
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
764 760 782 805 812 824 835 893 917 850 760 899
694 699 725 744 746 759 777 830 862 804 725 873
Operating Profit 70 61 57 61 66 65 59 62 54 46 34 26
OPM % 9% 8% 7% 8% 8% 8% 7% 7% 6% 5% 5% 3%
-0 0 0 5 1 4 3 1 4 -0 4 -144
Interest 2 1 6 5 0 0 2 2 2 3 3 2
Depreciation 11 15 16 17 18 17 19 19 21 22 21 26
Profit before tax 57 45 35 45 49 51 41 43 35 20 14 -146
Tax % 25% 18% 35% 38% 35% 33% 17% 27% 26% 26% 27% -25%
43 37 23 28 32 34 34 31 26 15 10 -110
EPS in Rs 17.49 15.15 9.52 11.35 12.95 14.05 13.89 12.83 10.61 6.19 4.27 -29.15
Dividend Payout % 11% 13% 21% 18% 19% 18% 22% 23% 28% 48% 70% -0%
Compounded Sales Growth
10 Years: 2%
5 Years: 1%
3 Years: -1%
TTM: 18%
Compounded Profit Growth
10 Years: 0%
5 Years: 3%
3 Years: 17%
TTM: 330%
Stock Price CAGR
10 Years: 3%
5 Years: 11%
3 Years: -1%
1 Year: 12%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 3%
Last Year: 4%

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 24 24 24 24 24 24 24 24 24 24 24 38
Reserves 258 289 313 282 315 352 384 412 438 462 476 1,401
15 26 96 18 -0 -0 21 14 50 62 42 14
78 85 75 85 96 91 75 93 104 88 98 334
Total Liabilities 376 425 508 409 436 468 505 543 616 636 641 1,787
125 152 178 197 193 180 213 295 301 305 320 1,299
CWIP 38 47 43 16 15 12 55 8 11 26 30 2
Investments -0 -0 -0 -0 -0 35 14 6 -0 -0 -0 0
212 226 286 196 227 240 223 235 304 305 291 487
Total Assets 376 425 508 409 436 468 505 543 616 636 641 1,787

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
35 41 -18 99 60 31 43 62 -30 22 63 84
-47 -42 -43 -14 -38 -37 -43 -43 -11 -43 -37 -20
7 4 59 -82 -14 1 1 -13 34 22 -19 -45
Net Cash Flow -5 3 -3 3 8 -4 1 7 -6 1 6 20

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 10 12 20 18 22 36 33 15 32 30 32 40
Inventory Days 70 88 103 89 72 61 55 80 105 127 136 124
Days Payable 29 33 29 41 49 46 34 41 45 41 55 114
Cash Conversion Cycle 52 67 94 66 45 51 54 55 92 116 113 50
Working Capital Days 31 35 68 41 36 52 53 47 70 82 79 47
ROCE % 22% 14% 11% 12% 15% 14% 10% 10% 7% 5% 3% 0%

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 33.92%
7.67% 7.84% 7.92% 7.88% 7.89% 7.85% 7.89% 7.85% 0.70% 0.79% 1.26% 0.57%
4.66% 8.92% 9.62% 9.98% 10.43% 10.76% 11.27% 11.32% 7.93% 7.94% 7.93% 5.13%
33.63% 29.58% 30.20% 29.91% 29.39% 29.09% 28.63% 29.05% 39.60% 39.49% 39.04% 60.39%
2.26% 1.88% 0.48% 0.44% 0.52% 0.51% 0.43% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 15,89215,96315,19218,33214,75414,28414,14114,97016,77716,28715,96015,869

* 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

Concalls