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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Magadh Sugar & Energy Ltd

About the Company - Magadh Sugar & Energy Ltd

Magadh Sugar & Energy Ltd. is a Public Limited Listed company incorporated on 19/03/2015 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L15122UP2015PLC069632 and registration number is 069632. Currently Company is involved in the business activities of Manufacture of sugar. Company’s Total Operating Revenue is Rs. 995.06 Cr. and Equity Capital is Rs. 14.09 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarP. O. Hargaon, Sitapur Dist. Uttar Pradesh 261121magadhsugar@birlasugar.org
http://www.birla-sugar.com
Management
NamePosition Held
Mr. Chandra Shekhar NopanyChairman
Mr. Chandra MohanWhole Time Director
Mr. Padam Kumar KhaitanDirector
Mr. Yashwant Kumar DagaDirector
Mr. Ishwari Prosad Singh RoyDirector
Mr. Raj Kumar BagriDirector
Mrs. Shashi SharmaDirector

Magadh Sugar & Energy Ltd. Share Price Update

Share PriceValue
Today₹645.00
Previous Day₹637.50

Basic Stock Data of Magadh Sugar & Energy Ltd

Market Cap 918 Cr.
Current Price 652
High / Low866/287
Stock P/E8.80
Book Value 468
Dividend Yield1.04 %
ROCE8.76 %
ROE8.14 %
Face Value 10.0

Data Source: screener.in

Competitors of Magadh Sugar & Energy Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Mawana Sugars Ltd 397 Cr. 102121/77.69.22 88.32.95 %5.58 %3.56 % 10.0
Vishwaraj Sugar Industries Ltd 362 Cr. 19.322.3/13.1 14.30.51 %8.40 %8.71 % 2.00
KM Sugar Mills Ltd 332 Cr. 36.139.4/22.815.8 31.80.00 %8.84 %8.76 % 2.00
Bajaj Hindusthan Sugar Ltd 4,753 Cr. 37.240.5/11.4 33.10.00 %0.91 %4.04 % 1.00
Ugar Sugar Works Ltd 939 Cr. 83.5136/76.013.6 15.20.61 %27.3 %60.6 % 1.00
Industry Average406.8 Cr55.627.7236.540.81%10.21%17.13%3.2

Magadh Sugar & Energy Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales212222326253198202343246199210299301289
Expenses207182274242187160281230197164230263256
Operating Profit441521011426215245683833
OPM %2%18%16%4%5%21%18%6%1%22%23%13%11%
Other Income0010011000100
Interest15131412107109759117
Depreciation4555556666666
Profit before tax-142234-6-431460-1034532121
Tax %34%34%36%35%31%35%29%43%35%36%34%25%27%
Net Profit-101522-4-320330-722351615
EPS in Rs-6.7910.3815.48-2.80-2.1514.1823.430.06-4.7515.4824.8711.0310.70

Magadh Sugar & Energy Ltd Quarterly Chart

Magadh Sugar & Energy Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales006817177399169529959531,098
Expenses00520654638761837870822914
Operating Profit0-016064101155115125131185
OPM %24%9%14%17%12%13%14%17%
Other Income00286192322
Interest004143354855403032
Depreciation002019181819212525
Profit before tax0-01021054108426677129
Tax %0%43%-145%36%23%36%31%35%
Net Profit0-05825348327465087
EPS in Rs41.0217.6724.2758.9319.2232.6635.6762.08
Dividend Payout %0%3%4%6%7%21%20%20%

Magadh Sugar & Energy Ltd Profit & Loss Yearly Chart

Magadh Sugar & Energy Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:6%
3 Years:1%
TTM:11%
Compounded Profit Growth
10 Years:%
5 Years:20%
3 Years:-11%
TTM:117%
Stock Price CAGR
10 Years:%
5 Years:52%
3 Years:80%
1 Year:98%
Return on Equity
10 Years:%
5 Years:9%
3 Years:7%
Last Year:8%

Magadh Sugar & Energy Ltd Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital001010101414141414
Reserves0-0391414446522544584625646
Borrowings00462519539641632637583214
Other Liabilities0024720439136724011318798
Total Liabilities001,1111,1471,3861,5441,4301,3481,409971
Fixed Assets00649653657670691807790775
CWIP00122715127
Investments0000000000
Other Assets00461492727867724540617189
Total Assets001,1111,1471,3861,5441,4301,3481,409971

Magadh Sugar & Energy Ltd Reserves and Borrowings Chart

Magadh Sugar & Energy Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0-0892141-17125147115
Cash from Investing Activity 00-13-24-24-36-52-106-21
Cash from Financing Activity 00-753-1753-73-41-94
Net Cash Flow0-00-1-00-0-0-0

Magadh Sugar & Energy Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days61010461813
Inventory Days358297456451337231309
Days Payable88111244184851958
Cash Conversion Cycle276196222271258229264
Working Capital Days103125154196179170185
ROCE %-25%33%5%9%13%8%9%9%

Magadh Sugar & Energy Ltd Financial Efficiency Indicators Chart

Magadh Sugar & Energy Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters60.95%60.95%60.95%61.02%61.02%61.02%61.02%61.02%61.02%61.02%61.02%61.02%
FIIs0.00%0.00%0.02%0.00%0.00%0.12%0.00%0.10%0.03%0.07%0.05%0.22%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.11%0.11%0.01%0.03%
Public39.04%39.04%39.03%38.97%38.97%38.85%38.97%38.88%38.86%38.82%38.93%38.72%
No. of Shareholders7,9907,9079,7889,78110,14911,38912,72312,53812,06511,1539,9919,933

Magadh Sugar & Energy Ltd Shareholding Pattern Chart

No. of Magadh Sugar & Energy Ltd Shareholders

This stock is not held by any mutual fund

Magadh Sugar & Energy Ltd ROCE Trend

Magadh Sugar & Energy Ltd EPS Trend

Magadh Sugar & Energy Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)35.6732.6619.2258.9333.99
Diluted EPS (Rs.)35.6732.6619.2258.9333.99
Cash EPS (Rs.)53.5547.5032.8371.7151.85
Book Value[Excl.RevalReserv]/Share (Rs.)453.72424.59395.72380.59453.49
Book Value[Incl.RevalReserv]/Share (Rs.)453.72424.59395.72380.59453.49
Dividend / Share (Rs.)7.006.504.004.002.00
Revenue From Operations / Share (Rs.)676.59706.13675.54650.14734.35
PBDIT / Share (Rs.)94.1390.2382.89112.15106.56
PBIT / Share (Rs.)76.2575.3869.2799.3788.70
PBT / Share (Rs.)54.7147.1630.0276.3953.52
Net Profit / Share (Rs.)35.6732.6619.2258.9333.99
PBDIT Margin (%)13.9112.7712.2617.2514.51
PBIT Margin (%)11.2610.6710.2515.2812.07
PBT Margin (%)8.086.674.4411.747.28
Net Profit Margin (%)5.274.622.849.064.62
Return on Networth / Equity (%)7.867.694.8515.487.49
Return on Capital Employeed (%)13.1613.6814.4720.4915.89
Return On Assets (%)3.563.411.895.372.46
Long Term Debt / Equity (X)0.190.230.150.220.18
Total Debt / Equity (X)0.911.061.061.141.09
Asset Turnover Ratio (%)0.690.710.640.620.58
Current Ratio (X)1.040.940.941.000.87
Quick Ratio (X)0.080.110.070.100.08
Inventory Turnover Ratio (X)1.410.950.841.051.30
Dividend Payout Ratio (NP) (%)18.2212.2420.812.922.94
Dividend Payout Ratio (CP) (%)12.138.4212.182.401.92
Earning Retention Ratio (%)81.7887.7679.1997.0897.06
Cash Earning Retention Ratio (%)87.8791.5887.8297.6098.08
Interest Coverage Ratio (X)4.373.202.113.273.03
Interest Coverage Ratio (Post Tax) (X)2.662.161.492.391.97
Enterprise Value (Cr.)1030.801079.46735.53704.31612.45
EV / Net Operating Revenue (X)1.081.080.770.760.82
EV / EBITDA (X)7.778.496.304.465.71
MarketCap / Net Operating Revenue (X)0.470.440.140.100.15
Retention Ratios (%)81.7787.7579.1897.0797.05
Price / BV (X)0.700.740.250.170.25
Price / Net Operating Revenue (X)0.470.440.140.100.15
EarningsYield0.110.100.180.870.29

Magadh Sugar & Energy Ltd Profitability Ratios (%)

Magadh Sugar & Energy Ltd Liquidity Ratios

Magadh Sugar & Energy Ltd Liquidity Ratios (%)

Magadh Sugar & Energy Ltd Interest Coverage Ratios (%)

Magadh Sugar & Energy Ltd Valuation Ratios

Fair Value of Magadh Sugar & Energy Ltd Stock

Fair Value: ₹338.72

The stock is overvalued by 48.05% compared to the current price ₹652

*Investments are subject to market risks

Strength and Weakness of Magadh Sugar & Energy Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (595.40 cr) and profit (58.80 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 97.19 and average Dividend Yield of 11.91%.
  2. The stock has a low average ROCE of 6.78%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 123.56, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 190.67, which may not be favorable.
  5. The company has higher borrowings (422.70) compared to reserves (417.20), which may suggest financial risk.

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 Magadh Sugar & Energy Ltd. 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