Is Sukhjit Starch & Chemicals a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sukhjit Starch & Chemicals Ltd is a average quality company .

Is Sukhjit Starch & Chemicals undervalued or overvalued?

The key valuation ratios of Sukhjit Starch & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Sukhjit Starch & Chemicals share price return in the past 10 years?

Sukhjit Starch & Chemicals Ltd share price has appreciated 13.3% annually (CAGR) over the past ten years.

Is Sukhjit Starch & Chemicals a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sukhjit Starch & Chemicals Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Sukhjit Starch & Chemicals?

The latest standalone P/E ratio of Sukhjit Starch & Chemicals as of 24-Apr-2025 is 14.32.

What is the P/B ratio of Sukhjit Starch & Chemicals?

The latest standalone P/B ratio of Sukhjit Starch & Chemicals as of 24-Apr-2025 is 1.23.

Sukhjit Starch & Chemicals Ltd - Stock Valuation and Financial Performance

Name: Sukhjit Starch & Chemicals
Brand: Sukhjit Starch & Chemicals

BSE: 524542 | NSE: SUKHJITS | Consumer Food | Small Cap

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Sukhjit Starch &Chem Share Price

₹219.65 -2.65 -1.19%
as on 24-Apr'25 16:59

10 Year X-Ray of Sukhjit Starch &Chem:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	14.5%	14.3%	11.8%	14.1%	19.3%	9.7%	8.4%	20.2%	16.3%	13.3%	-
Value Creation Index ⓘ	0.0	0.0	-0.2	0.0	0.4	-0.3	-0.4	0.4	0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	532	566	652	701	741	797	699	1,157	1,435	1,371	1,495
Sales YoY Gr.	-	6.3%	15.2%	7.5%	5.7%	7.6%	-12.4%	65.7%	24%	-4.5%	-
Adj EPS ⓘ	7.9	7.8	6.3	8	13.9	9.8	6.9	24.6	22.2	16.4	15.5
YoY Gr.	-	-1.6%	-19.1%	27.1%	73%	-29.2%	-29.9%	256.7%	-9.7%	-26.3%	-
BVPS (₹) ⓘ	68	74.4	82	87.7	97.9	108.6	115.3	136	155.1	168.8	181.3
Adj Net Profit ⓘ	23.4	23.1	18.7	23.7	41	29.1	20.4	76.9	69.5	51.2	48
Cash Flow from Ops. ⓘ	63.4	87.3	39.9	13	127	-51.1	90.3	141	28.2	66.3	-
Debt/CF from Ops. ⓘ	2.6	1.5	2.7	11.8	1.2	-5.7	2.9	1.7	10.5	4.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.1%	13.1%	25.2%	-4.5%
Adj EPS ⓘ	8.4%	3.4%	33.4%	-26.3%
BVPSⓘ	10.6%	11.5%	13.5%	8.8%
Share Price	13.3%	23.7%	-9%	-12%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	12.3	11	8.1	9.5	15	9.5	6.2	20.1	15.3	10.1	8.9
Op. Profit Mgn % ⓘ	12	10.7	7.7	9.6	12.5	7.1	9.2	13.1	10	9.2	8
Net Profit Mgn % ⓘ	4.4	4.1	2.9	3.4	5.5	3.6	2.9	6.7	4.8	3.7	3.2
Debt to Equity ⓘ	0.8	0.6	0.4	0.6	0.5	0.9	0.8	0.6	0.6	0.6	-
Working Cap Days ⓘ	114	100	83	95	95	104	140	82	84	111	59
Cash Conv. Cycle ⓘ	72	56	42	52	50	57	73	36	39	55	20

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.20%

Net Profit is growing at healthy rate in last 3 years 33.43%

Debt to equity has declined versus last 3 years average to 0.58

Return on Equity has declined versus last 3 years average to 8.90%

Sales growth is not so good in last 4 quarters at 8.05%

Latest Financials - Sukhjit Starch & Chemicals Ltd.

	Standalone	Consolidated
TTM EPS (₹)	15.5	15.7
TTM Sales (₹ Cr.)	1,495	1,508
BVPS (₹.) ⓘ	181.3	173.4
Reserves (₹ Cr.) ⓘ	549	526
P/BV ⓘ	1.23	1.28
PE ⓘ	14.32	14.17

From the Market
52 Week Low / High (₹)	175.00 / 324.15
All Time Low / High (₹)	4.21 / 324.15
Market Cap (₹ Cr.)	695
Equity (₹ Cr.)	15.6
Face Value (₹)	5
Industry PE ⓘ	64.7

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	368	-6	390	21	364	13.6	373	3.5
Adj EPS (₹) ⓘ	7.3	-26.9	8.7	4.3	4	-7.6	3.5	-38.1
Op. Profit Mgn % ⓘ	8.35	-73 bps	8.07	-88 bps	8.21	-112 bps	7.19	-298 bps
Net Profit Mgn % ⓘ	3.12	-89 bps	3.49	-56 bps	3.47	-80 bps	2.89	-195 bps

Management X-Ray of Sukhjit Starch &Chem:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sukhjit Starch &Chem

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Sukhjit Starch &Chem

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Hatsun Agro Product	936.9	-20 (-2.1%)	Small Cap	7,990	12.9	3.2	74	12.7
LT Foods	365.2	-2.7 (-0.7%)	Small Cap	7,772	17.1	7.7	21.5	3.4
KRBL	316.4	-0.1 (-0%)	Small Cap	5,385	19	10.9	16.6	1.4
Avanti Feeds	901.9	27.2 (3.1%)	Small Cap	5,369	35.3	7.2	24.8	4.5
HMA Agro Indus	34.7	-0.2 (-0.5%)	Small Cap	4,665	1	2.1	36.4	2.2
Heritage Foods	416.3	-6.3 (-1.5%)	Small Cap	3,734	18.4	2.6	22.9	4.2
Parag Milk Foods	190.9	0.5 (0.3%)	Small Cap	3,139	8.6	2.6	22.2	2.3
Devyani Internatl.	179.4	4 (2.3%)	Small Cap	2,998	0.2	9.2	954.5	18.3
Dodla Dairy	1,146.6	16.1 (1.4%)	Small Cap	2,907	37.8	5.3	29.9	5.5
Sapphire Foods India	340.1	1.5 (0.4%)	Small Cap	2,594	0.6	2	548.2	7.9

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	532	566	652	701	741	797	699	1,157	1,435	1,371
Operating Expenses ⓘ	469	505	601	637	648	741	634	1,005	1,292	1,245
Manufacturing Costs	111	109	108	123	139	121	125	188	235	224
Material Costs	312	347	439	444	436	550	439	719	950	911
Employee Cost	27	32	36	38	40	42	41	50	56	58
Other Costs ⓘ	18	17	19	32	33	29	30	49	51	52
Operating Profit ⓘ	63	61	50	64	93	57	64	152	143	126
Operating Profit Margin (%)	11.9%	10.7%	7.7%	9.1%	12.5%	7.1%	9.2%	13.1%	10.0%	9.2%
Other Income ⓘ	2	3	2	5	2	8	4	1	2	8
Interest ⓘ	18	15	13	18	16	18	21	21	25	30
Depreciation ⓘ	13	12	12	15	13	13	18	25	27	27
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	34	36	28	36	66	33	30	107	93	77
Tax ⓘ	11	13	9	13	24	0	8	30	23	22
Profit After Tax	23	23	19	23	42	34	23	77	70	56
PAT Margin (%)	4.4%	4.1%	2.9%	3.3%	5.6%	4.2%	3.2%	6.7%	4.9%	4.1%
Adjusted EPS (₹)	7.9	7.8	6.4	7.8	14.1	11.4	7.7	24.7	22.5	17.8
Dividend Payout Ratio (%)	16%	16%	19%	21%	27%	9%	20%	20%	18%	22%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	201	220	242	259	289	321	340	425	485	527
Share Capital ⓘ	7	7	7	7	15	15	15	16	16	16
Reserves ⓘ	193	212	235	252	274	306	326	409	469	512
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	152	127	104	151	151	277	240	224	276	281
Long Term Debt	63	56	47	51	113	160	154	116	101	84
Short Term Debt	89	71	57	100	39	117	86	108	175	197
Trade Payables	24	33	31	37	29	41	41	47	53	70
Others Liabilities ⓘ	54	48	64	81	105	114	128	134	160	161
Total Liabilities ⓘ	430	428	441	528	575	753	750	830	973	1,040
Fixed Assets
Gross Block	304	320	337	336	367	379	541	551	607	632
Accumulated Depreciation	86	98	110	125	137	151	168	190	195	221
Net Fixed Assetsⓘ	218	221	227	211	229	228	373	360	412	412
CWIP ⓘ	5	9	10	14	66	181	67	64	16	29
Investmentsⓘ	14	25	39	64	93	49	47	104	116	121
Inventories	79	57	54	92	53	152	101	96	168	218
Trade Receivables	55	57	60	70	61	55	62	67	80	79
Cash Equivalents	21	18	7	8	11	12	12	12	12	15
Others Assetsⓘ	38	40	44	69	61	76	89	127	168	165
Total Assets ⓘ	430	428	441	528	575	753	750	830	973	1,040

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	63	87	40	13	127	-51	90	141	28	66
PBT ⓘ	34	36	28	36	66	33	30	107	93	77
Adjustment ⓘ	29	25	22	31	27	23	33	44	50	49
Changes in Working Capital ⓘ	6	33	-3	-47	51	-95	32	13	-95	-44
Tax Paid ⓘ	-6	-7	-7	-7	-17	-12	-5	-23	-19	-15
Cash Flow From Investing Activity ⓘ	-20	-31	-29	-38	-94	-73	-41	-103	-41	-36
Capex	-29	-20	-16	-13	-68	-115	-45	-25	-29	-33
Net Investments	7	-13	-14	-26	-28	41	3	-79	-12	-5
Others ⓘ	2	2	2	1	1	2	1	1	1	2
Cash Flow From Financing Activityⓘ	-32	-60	-21	25	-29	125	-49	-38	13	-27
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	26	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-17	-15	-12	-17	-16	-17	-20	-20	-24	-30
Dividend Paid ⓘ	-3	-9	0	-4	-12	0	-3	-19	-13	-12
Others ⓘ	-12	-36	-9	47	-1	143	-27	-25	50	14
Net Cash Flow ⓘ	12	-3	-10	0	3	1	0	0	0	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	12.15	10.97	8.23	9.2	15.21	10.99	6.84	20.2	15.43	10.99
ROCE (%)	14.45	14.27	11.75	14.13	19.3	9.72	8.38	20.2	16.29	13.33
Asset Turnover Ratio	1.33	1.39	1.57	1.46	1.34	1.2	0.93	1.46	1.59	1.36
PAT to CFO Conversion(x)	2.74	3.78	2.11	0.57	3.02	-1.5	3.91	1.83	0.4	1.18
Working Capital Days
Receivable Days	35	35	31	34	32	26	31	20	19	21
Inventory Days	56	42	30	38	36	47	66	31	34	51
Payable Days	28	30	27	28	27	23	34	22	19	25

Sukhjit Starch & Chemicals Ltd Stock News

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Sukhjit Starch & Chemicals Ltd FAQs

What is the share price of Sukhjit Starch &Chem?

Company share prices are keep on changing according to the market conditions. The closing price of Sukhjit Starch &Chem on 24-Apr-2025 16:59 is ₹219.7.

What is the market cap of Sukhjit Starch &Chem?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2025 16:59 the market cap of Sukhjit Starch &Chem stood at ₹694.5.

What is the P/E ratio of Sukhjit Starch &Chem?

The latest P/E ratio of Sukhjit Starch &Chem as of 24-Apr-2025 16:59 is 14.32.

What is the P/B ratio of Sukhjit Starch &Chem?

The latest P/B ratio of Sukhjit Starch &Chem as of 24-Apr-2025 16:59 is 1.23.

What is the 52-week high and low of Sukhjit Starch &Chem?

The 52-week high of Sukhjit Starch &Chem is ₹324.1 and the 52-week low is ₹175.0.

What is the TTM revenue of Sukhjit Starch &Chem?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sukhjit Starch &Chem is ₹1,495 ( Cr.) .

About Sukhjit Starch & Chemicals Ltd

Sukhjit Starch & Chemicals Ltd was established in 1944 by a group of young engineers who recognized the potential of the wonder grain known as Maize.

Making a beginning in Phagware, Punjab (1944) with a tiny capacity fo 5000 tons per annum the company has seen a rapid growth rate. Apart form raising the capacity at Phagwara to 5000 tons per annum. The company has establish two more facilities, 2nd at Nizamabad Andhra Pradesh (1985) and the 3rd at malda west bengol (2003)

Sukhjit is the only muti locational group in India as of now with a combined installed capacity of 15000 tons corn grind per annum,

In order to sustain its development capacity the company aquired (1982) an engineering workshop contiguous to the phagwara plant.

Sukhjit Starch has also diversified into the textile sector with the establishing of a backward integrated independent RMG unit at Ludhiana in 1998.

Product range of the company includes:

Starches