Ugar Sugar Works Ltd
Incorporated in 1939, The Ugar Sugar Works Ltd. is engaged in the manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. [1]
- Market Cap ₹ 1,010 Cr.
- Current Price ₹ 89.8
- High / Low ₹ 136 / 76.8
- Stock P/E 14.8
- Book Value ₹ 15.2
- Dividend Yield 0.54 %
- ROCE 27.3 %
- ROE 60.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 28.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 47.8%
- Company's working capital requirements have reduced from 139 days to 57.4 days
Cons
- Debtor days have increased from 28.5 to 38.1 days.
- Company's cost of borrowing seems high
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
657 | 718 | 642 | 652 | 837 | 585 | 650 | 750 | 870 | 956 | 1,137 | 1,794 | 1,624 | |
577 | 650 | 621 | 631 | 787 | 521 | 671 | 700 | 802 | 888 | 1,038 | 1,586 | 1,458 | |
Operating Profit | 80 | 67 | 21 | 21 | 50 | 65 | -21 | 50 | 68 | 68 | 99 | 208 | 166 |
OPM % | 12% | 9% | 3% | 3% | 6% | 11% | -3% | 7% | 8% | 7% | 9% | 12% | 10% |
2 | 6 | 10 | 3 | 9 | 8 | 3 | 9 | 3 | 6 | 2 | 6 | 10 | |
Interest | 30 | 29 | 33 | 15 | 29 | 30 | 29 | 38 | 43 | 43 | 44 | 48 | 40 |
Depreciation | 25 | 25 | 26 | 15 | 16 | 15 | 19 | 15 | 14 | 12 | 11 | 18 | 25 |
Profit before tax | 27 | 19 | -28 | -6 | 15 | 28 | -66 | 5 | 14 | 19 | 46 | 148 | 112 |
Tax % | 38% | 10% | -8% | 45% | 24% | 7% | -3% | 21% | 1% | 8% | 7% | 31% | |
17 | 17 | -30 | -3 | 11 | 26 | -68 | 4 | 14 | 17 | 43 | 103 | 68 | |
EPS in Rs | 1.52 | 1.55 | -2.65 | -0.29 | 1.00 | 2.31 | -6.06 | 0.39 | 1.22 | 1.52 | 3.85 | 9.16 | 6.09 |
Dividend Payout % | 13% | 13% | 0% | 0% | 25% | 9% | 0% | 0% | 8% | 13% | 6% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 23% |
3 Years: | 27% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 29% |
3 Years: | 96% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 48% |
3 Years: | 83% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 41% |
3 Years: | 48% |
Last Year: | 61% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 90 | 105 | 75 | 72 | 80 | 102 | 34 | 40 | 52 | 68 | 109 | 208 | 160 |
285 | 357 | 246 | 190 | 278 | 364 | 474 | 554 | 514 | 610 | 700 | 400 | 225 | |
278 | 181 | 278 | 376 | 390 | 140 | 341 | 278 | 252 | 202 | 341 | 295 | 232 | |
Total Liabilities | 664 | 654 | 610 | 649 | 759 | 617 | 860 | 883 | 830 | 892 | 1,162 | 915 | 628 |
150 | 172 | 159 | 170 | 158 | 164 | 163 | 152 | 136 | 127 | 117 | 222 | 249 | |
CWIP | 7 | 4 | 1 | 2 | 3 | 4 | 1 | 0 | 1 | 3 | 112 | 38 | 33 |
Investments | 0 | 2 | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
507 | 476 | 444 | 471 | 592 | 444 | 691 | 726 | 689 | 759 | 929 | 651 | 343 | |
Total Assets | 664 | 654 | 610 | 649 | 759 | 617 | 860 | 883 | 830 | 892 | 1,162 | 915 | 628 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
53 | 5 | 164 | 75 | -38 | -13 | 37 | -46 | 45 | -78 | 93 | 394 | |
-10 | -47 | -15 | -26 | -4 | -20 | -13 | -2 | -1 | -6 | -131 | -48 | |
-39 | 33 | -146 | -60 | 38 | 44 | -15 | 30 | -37 | 79 | 39 | -346 | |
Net Cash Flow | 3 | -10 | 3 | -10 | -4 | 11 | 8 | -19 | 6 | -5 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17 | 7 | 21 | 12 | 62 | 7 | 25 | 14 | 5 | 19 | 28 | 38 |
Inventory Days | 351 | 283 | 251 | 318 | 229 | 381 | 408 | 432 | 330 | 314 | 331 | 98 |
Days Payable | 134 | 55 | 97 | 175 | 98 | 8 | 186 | 134 | 96 | 57 | 96 | 40 |
Cash Conversion Cycle | 235 | 235 | 175 | 154 | 194 | 380 | 248 | 312 | 239 | 276 | 263 | 96 |
Working Capital Days | 112 | 137 | 81 | 50 | 79 | 166 | 119 | 152 | 141 | 192 | 169 | 57 |
ROCE % | 15% | 11% | 1% | 3% | 14% | 14% | -7% | 8% | 10% | 10% | 12% | 27% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17h
-
Announcement under Regulation 30 (LODR)-Credit Rating
17 Nov - Submission of Credit Rating received from CARE
- Submission Of Revised Outcome Of Board Meeting 13 Nov
- Un-Audited Financial Results (Standalone & Consolidated) For The Quarter And Half Year Ended 30Th September 2023 8 Nov
- Board Meeting Outcome for Outcome Of Board Meeting 8 Nov
Annual reports
-
Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Segments
Sugar: The main product of the sugar manufacturing process is White Crystal Sugar. The Co. is also engaged in the manufacturing of Bagasse, Filter Cake and Final Molasses.
[1]
Power: The Co. is also engaged in the Co-generation of electricity. It has the capacity generating 44 MW of power, of which 15 MW is used for captive consumption and the balance 28 MW is fed to the grid (KPTCL). [2]
Distillery: The Co has two distilleries and Indian Made Liquor (IML) units. The 2 distilleries have a combined capacity of 75000 LPD. The distillery division is engaged in the production of Ethanol (Absolute Alcohol), Rectified Spirit, Malt Spirit, Extra Neutral Alcohol. [3]