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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Bajaj Hindusthan Sugar Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:49 am

Market Cap 3,971 Cr.
Current Price 31.1
High / Low 46.1/24.8
Stock P/E
Book Value 33.9
Dividend Yield0.00 %
ROCE0.80 %
ROE1.90 %
Face Value 1.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gayatri Sugars Ltd 98.0 Cr. 15.0 27.9/14.5 20.00.00 %93.2 %% 10.0
Dhampure Speciality Sugars Ltd 99.4 Cr. 125 142/75.767.6 35.60.00 %3.15 %3.78 % 10.0
Dhampur Bio Organics Ltd 793 Cr. 119 164/11275.4 1462.09 %5.02 %3.67 % 10.0
DCM Shriram Industries Ltd 1,658 Cr. 191 242/15013.6 1001.05 %16.1 %14.9 % 2.00
Davangere Sugar Company Ltd 525 Cr. 5.58 11.5/5.0142.4 3.640.00 %6.86 %3.75 % 1.00
Industry Average2,316.78 Cr312.1630.81224.520.65%13.00%13.21%6.37

All Competitor Stocks of

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,5701,7631,9991,3531,3441,2571,6221,5301,3231,4312,0541,3601,133
Expenses1,6131,8361,7851,2831,3431,3101,4671,4971,4061,3431,8291,3381,189
Operating Profit-44-73214691-5315433-838822522-55
OPM %-3%-4%11%5%0%-4%10%2%-6%6%11%2%-5%
Other Income749534138735330
Interest69676170636259333295504542
Depreciation54545353545453535454535556
Profit before tax-160-191109-50-113-16556-45-162-58127-75-123
Tax %-0%-0%-3%0%0%0%-7%0%-0%-0%-3%0%0%
Net Profit-160-191112-50-113-16560-45-162-58131-75-123
EPS in Rs-1.41-1.680.99-0.44-0.88-1.290.47-0.35-1.27-0.461.02-0.58-0.96

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthSep 2011Sep 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5,0634,3446,6454,5354,6904,3995,8476,8066,6696,6665,5766,3386,288
Expenses4,1773,8856,7424,7043,9063,5485,5756,5106,2166,5035,4036,0755,985
Operating Profit887459-97-168785851272297454163172263302
OPM %18%11%-1%-4%17%19%5%4%7%2%3%4%5%
Other Income129202961249096101961122252243
Interest6646671,129889848802680322301264254210176
Depreciation323362556258242243197204216216215213220
Profit before tax28-368-1,686-1,191-216-98-505-134-52-294-272-138-50
Tax %24%25%-1%-0%2%6%1%-2%5%1%1%2%
Net Profit21-321-1,626-1,192-212-92-500-137-50-291-268-135-47
EPS in Rs0.34-5.01-25.41-14.72-1.90-0.81-4.41-1.20-0.44-2.57-2.09-1.05-0.36
Dividend Payout %43%-2%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)26.69%82.21%56.60%-443.48%72.60%63.50%-482.00%7.90%49.63%
Change in YoY Net Profit Growth (%)0.00%55.52%-25.61%-500.08%516.08%-9.10%-545.50%489.90%41.72%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-1%
5 Years:-2%
3 Years:-3%
TTM:3%
Compounded Profit Growth
10 Years:7%
5 Years:7%
3 Years:20%
TTM:84%
Stock Price CAGR
10 Years:5%
5 Years:37%
3 Years:30%
1 Year:11%
Return on Equity
10 Years:-10%
5 Years:-5%
3 Years:-5%
Last Year:-2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:38 am

MonthSep 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital646481108110110110110110124124124124
Reserves3,9272,3051,4393,4703,3552,8322,6822,5872,2622,1354,3004,3514,209
Borrowings8,5136,2757,2856,9147,0106,7966,0265,4935,4094,8174,3033,8403,570
Other Liabilities1,9093,7073,0013,0953,8614,3124,9875,3585,3545,9747,2127,5915,683
Total Liabilities14,41212,35011,80613,58814,33714,04913,80613,54813,13613,05015,93915,90613,587
Fixed Assets5,5005,0594,9447,9747,7367,5437,3977,1946,9936,8057,8007,5827,426
CWIP1,81917182946752653358589
Investments1,2232,3342,4511,3021,2781,2251,1911,1361,0851,9184,4804,5964,596
Other Assets5,8704,9404,3934,2835,2775,2065,1925,1655,0224,3183,6543,7201,556
Total Assets14,41212,35011,80613,58814,33714,04913,80613,54813,13613,05015,93915,90613,587

Reserves and Borrowings Chart

Cash Flow

MonthSep 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-5591,063-3653797009531,118910332619792644
Cash from Investing Activity +-2,605-4,185-179-2-14-29-4-21221312-0
Cash from Financing Activity +2,9512,741476-386-707-918-1,098-839-384-654-833-615
Net Cash Flow-213-380-68-9-2061650-30-22-2929

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2011Sep 2012
Free Cash Flow-103.00-175.00779.00844.00266.00291.00449.00158.00168.00259.00887.00451.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthSep 2012Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days161213221211119121489
Inventory Days61170192206366212175182169228184204
Days Payable26179246235339251264299297340321272
Cash Conversion Cycle513-41-739-29-78-107-116-98-129-59
Working Capital Days631779623732-3-11-5-81-134-156
ROCE %2%-5%-4%7%7%2%2%3%-0%-0%1%1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters24.95%24.95%24.95%24.96%24.96%24.96%24.96%24.96%24.96%24.96%24.96%24.96%
FIIs0.94%1.20%1.38%1.59%1.60%1.69%1.60%1.64%1.80%2.57%2.63%4.32%
DIIs26.49%21.54%19.05%15.64%15.27%15.27%15.26%12.41%9.45%8.60%8.43%8.14%
Public47.48%52.17%54.48%57.67%58.03%57.94%58.05%60.87%63.67%63.73%63.84%62.46%
Others0.14%0.14%0.14%0.14%0.14%0.14%0.14%0.14%0.14%0.14%0.14%0.14%
No. of Shareholders3,30,0904,07,2094,22,1144,48,5074,64,0644,60,7994,51,0995,12,1555,56,6506,35,4486,73,5857,45,336

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund890,7320.492.812,2802024-12-1738967.19%
Samco Active Momentum Fund360,0000.241.142,2802024-12-1715689.47%
Groww Nifty Total Market Index Fund2,2800.020.012,2802024-12-170%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-0.69-1.08-2.23-2.64-0.45
Diluted EPS (Rs.)-0.69-1.08-2.23-2.64-0.45
Cash EPS (Rs.)1.090.63-0.42-0.681.51
Book Value[Excl.RevalReserv]/Share (Rs.)35.2434.9017.4820.2223.17
Book Value[Incl.RevalReserv]/Share (Rs.)35.2434.9017.4820.2223.17
Revenue From Operations / Share (Rs.)49.0550.9344.8060.5660.59
PBDIT / Share (Rs.)2.322.291.631.694.22
PBIT / Share (Rs.)0.530.57-0.09-0.272.26
PBT / Share (Rs.)-0.76-1.11-2.18-2.67-0.47
Net Profit / Share (Rs.)-0.69-1.08-2.15-2.64-0.45
NP After MI And SOA / Share (Rs.)-0.69-1.08-2.15-2.64-0.45
PBDIT Margin (%)4.734.493.642.786.97
PBIT Margin (%)1.091.13-0.20-0.453.72
PBT Margin (%)-1.55-2.17-4.86-4.40-0.78
Net Profit Margin (%)-1.42-2.12-4.79-4.36-0.74
NP After MI And SOA Margin (%)-1.41-2.12-4.79-4.36-0.74
Return on Networth / Equity (%)-1.97-3.10-12.29-13.06-1.95
Return on Capital Employeed (%)0.700.74-0.15-0.382.90
Return On Assets (%)-0.54-0.84-2.05-2.21-0.36
Long Term Debt / Equity (X)0.810.881.952.162.02
Total Debt / Equity (X)0.870.992.212.172.02
Asset Turnover Ratio (%)0.380.440.410.490.47
Current Ratio (X)0.560.551.031.101.19
Quick Ratio (X)0.130.130.560.610.64
Inventory Turnover Ratio (X)1.861.901.742.021.96
Interest Coverage Ratio (X)1.791.360.800.701.55
Interest Coverage Ratio (Post Tax) (X)0.460.35-0.02-0.100.83
Enterprise Value (Cr.)7410.425893.256528.195421.415329.25
EV / Net Operating Revenue (X)1.210.921.170.810.79
EV / EBITDA (X)25.6220.6732.1129.2211.46
MarketCap / Net Operating Revenue (X)0.590.250.310.100.04
Price / BV (X)0.820.370.810.300.11
Price / Net Operating Revenue (X)0.590.250.310.100.04
EarningsYield-0.02-0.08-0.15-0.42-0.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 9.85

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 68.33% compared to the current share price 31.10

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of as of December 21, 2024 is: 10.00

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 67.85% compared to the current share price 31.10

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 1.55%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -8.33, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -47.58, which is a positive sign.
  1. The stock has a low average ROCE of 1.33%, which may not be favorable.
  2. The company has higher borrowings (5,865.46) compared to reserves (3,065.69), which may suggest financial risk.
  3. The company has not shown consistent growth in sales (5.15) and profit (-161.62).
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: -1.42%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 0.7% (Industry Average ROCE: 13%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: -1.97% (Industry Average ROE: 13.21%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.46
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.13
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 30.81)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.87
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Bajaj Hindusthan Sugar Ltd. is a Public Limited Listed company incorporated on 24/11/1931 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L15420UP1931PLC065243 and registration number is 065243. Currently Company is involved in the business activities of Distilling, rectifying and blending of spirits; ethyl alcohol production from fermented materials. Company’s Total Operating Revenue is Rs. 5569.09 Cr. and Equity Capital is Rs. 124.45 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarSugar mills, Distillery & Co-Generation: Kheri District Uttar Pradesh 262802investor.complaints@bajajhindusthan.com
http://www.bajajhindusthan.com
Management
NamePosition Held
Mr. Kushagra BajajChairman & Non-Exe.Director
Mr. Ajay Kumar SharmaManaging Director
Mr. Shyam Sunder JangidIndependent Director
Mrs. Shalu BhandariIndependent Director
Mr. Atul Hasmukhrai MehtaIndependent Director
Mr. Vinod C SampatIndependent Director
Mr. Ashok MukandNominee Director
Mr. Ramani Ranjan MishraNominee Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹9.85, which is 68.33% lower than the current market price of ₹31.10. The stock has a market capitalization of 3,971 Cr. and recorded a high/low of 46.1/24.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹4,209 Cr and total liabilities of ₹13,587 Cr.

What is the Market Cap of ?

The Market Cap of is 3,971 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 31.1.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 46.1/24.8.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 33.9.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 0.80 %.

What is the ROE of ?

The ROE of is 1.90 %.

What is the Face Value of ?

The Face Value of is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE