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.

INDUSTRY	ADDRESS	CONTACT
Sugar	P. O. Hargaon, Sitapur Dist. Uttar Pradesh 261121	magadhsugar@birlasugar.org http://www.birla-sugar.com

Management
Name	Position Held
Mr. Chandra Shekhar Nopany	Chairperson & Non Executive Director
Mr. Chandra Mohan	Whole Time Director
Mr. Padam Kumar Khaitan	Independent Director
Mr. Yashwant Kumar Daga	Independent Director
Mr. Ishwari Prosad Singh Roy	Independent Director
Mr. Raj Kumar Bagri	Independent Director
Mrs. Shashi Sharma	Independent Director
Mr. Rajan Arvind Dalal	Addnl. & Non Exe.Director

Basic Stock Data of Magadh Sugar & Energy Ltd

Last Updated: July 26, 2024, 10:23 pm

Market Cap	1,109 Cr.
Current Price	786
High / Low	866/455
Stock P/E	9.50
Book Value	529
Dividend Yield	1.27 %
ROCE	14.6 %
ROE	16.8 %
Face Value	10.0
PEG Ratio	2.01

Data Source: screener.in

Competitors of Magadh Sugar & Energy Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Dhampure Speciality Sugars Ltd	73.6 Cr.	92.8	116/42.0	74.4	33.6	0.00 %	3.15 %	3.78 %	10.0
Dhampur Bio Organics Ltd	895 Cr.	135	189/112	26.4	152	1.85 %	5.02 %	3.67 %	10.0
DCM Shriram Industries Ltd	1,905 Cr.	219	242/110	16.6	93.7	0.91 %	16.1 %	14.9 %	2.00
Davangere Sugar Company Ltd	718 Cr.	7.65	12.0/6.72	59.5	3.61	0.00 %	6.86 %	3.75 %	1.00
Piccadily Agro Industries Ltd	7,431 Cr.	788	903/65.8	84.8	36.0	0.03 %	29.6 %	30.7 %	10.0
Industry Average	2,109.27 Cr	284.52		29.56	196.44	0.74%	9.97%	13.37%	6.43

Kothari Sugars & Chemicals Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	222	326	253	198	202	343	246	199	210	299	301	289	219
Expenses	182	274	242	187	160	281	230	197	164	230	263	256	157
Operating Profit	41	52	10	11	42	62	15	2	45	68	38	33	61
OPM %	18%	16%	4%	5%	21%	18%	6%	1%	22%	23%	13%	11%	28%
Other Income	0	1	0	0	1	1	0	0	0	1	0	0	1
Interest	13	14	12	10	7	10	9	7	5	9	11	7	4
Depreciation	5	5	5	5	5	6	6	6	6	6	6	6	6
Profit before tax	22	34	-6	-4	31	46	0	-10	34	53	21	21	52
Tax %	34%	36%	35%	31%	35%	29%	43%	35%	36%	34%	25%	27%	25%
Net Profit	15	22	-4	-3	20	33	0	-7	22	35	16	15	39
EPS in Rs	10.38	15.48	-2.80	-2.15	14.18	23.43	0.06	-4.75	15.48	24.87	11.03	10.70	27.61

Last Updated: July 14, 2024, 11:44 am

Magadh Sugar & Energy Ltd Quarterly Chart

Magadh Sugar & Energy Ltd Profit & Loss

Last Updated: July 10, 2024, 7:23 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	0	0	681	717	739	916	952	995	953	1,107
Expenses	0	0	520	654	638	761	837	870	822	906
Operating Profit	0	-0	160	64	101	155	115	125	131	201
OPM %			24%	9%	14%	17%	12%	13%	14%	18%
Other Income	0	0	2	8	6	19	2	3	2	2
Interest	0	0	41	43	35	48	55	40	30	31
Depreciation	0	0	20	19	18	18	19	21	25	25
Profit before tax	0	-0	102	10	54	108	42	66	77	147
Tax %		0%	43%	-145%	36%	23%	36%	31%	35%
Net Profit	0	-0	58	25	34	83	27	46	50	105
EPS in Rs			41.02	17.67	24.27	58.93	19.22	32.66	35.67	74.21
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:	8%
3 Years:	5%
TTM:	15%

Compounded Profit Growth
10 Years:	%
5 Years:	28%
3 Years:	62%
TTM:	132%

Stock Price CAGR
10 Years:	%
5 Years:	52%
3 Years:	35%
1 Year:	71%

Return on Equity
10 Years:	%
5 Years:	11%
3 Years:	11%
Last Year:	17%

Last Updated: July 25, 2024, 5:40 am

Magadh Sugar & Energy Ltd Balance Sheet

Last Updated: July 10, 2024, 7:23 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	0	10	10	10	14	14	14	14	14
Reserves	-0	391	414	446	522	544	584	625	646
Borrowings	0	462	519	539	641	632	637	583	214
Other Liabilities	0	247	204	391	367	240	113	187	98
Total Liabilities	0	1,111	1,147	1,386	1,544	1,430	1,348	1,409	971
Fixed Assets	0	649	653	657	670	691	807	790	775
CWIP	0	1	2	2	7	15	1	2	7
Investments	0	0	0	0	0	0	0	0	0
Other Assets	0	461	492	727	867	724	540	617	189
Total Assets	0	1,111	1,147	1,386	1,544	1,430	1,348	1,409	971

Magadh Sugar & Energy Ltd Reserves and Borrowings Chart

Magadh Sugar & Energy Ltd Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	0	-0	89	21	41	-17	125	147	115	31
Cash from Investing Activity	0	0	-13	-24	-24	-36	-52	-106	-21	-43
Cash from Financing Activity	0	0	-75	3	-17	53	-73	-41	-94	12
Net Cash Flow	0	-0	0	-1	-0	0	-0	-0	-0	0

Magadh Sugar & Energy Ltd Financial Efficiency Indicators

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days		6	10	10	4	6	18	13
Inventory Days		358	297	456	451	337	231	309
Days Payable		88	111	244	184	85	19	58
Cash Conversion Cycle		276	196	222	271	258	229	264
Working Capital Days		103	125	154	196	179	170	185
ROCE %	-25%	33%	5%	9%	13%	8%	9%	9%

Magadh Sugar & Energy Ltd Financial Efficiency Indicators Chart

Magadh Sugar & Energy Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%
FIIs	0.00%	0.00%	0.12%	0.00%	0.10%	0.03%	0.07%	0.05%	0.22%	0.47%	0.49%	0.43%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.11%	0.11%	0.01%	0.03%	0.01%	0.01%	0.01%
Public	38.97%	38.97%	38.85%	38.97%	38.88%	38.86%	38.82%	38.93%	38.72%	38.52%	38.49%	38.55%
No. of Shareholders	9,781	10,149	11,389	12,723	12,538	12,065	11,153	9,991	9,933	11,418	11,180	11,118

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

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	82.61	35.67	32.66	19.22	58.93
Diluted EPS (Rs.)	82.61	35.67	32.66	19.22	58.93
Cash EPS (Rs.)	100.65	53.55	47.50	32.83	71.71
Book Value[Excl.RevalReserv]/Share (Rs.)	529.11	453.72	424.59	395.72	380.59
Book Value[Incl.RevalReserv]/Share (Rs.)	529.11	453.72	424.59	395.72	380.59
Dividend / Share (Rs.)	15.00	7.00	6.50	4.00	4.00
Revenue From Operations / Share (Rs.)	778.18	676.59	706.13	675.54	650.14
PBDIT / Share (Rs.)	152.31	94.13	90.23	82.89	112.15
PBIT / Share (Rs.)	134.27	76.25	75.38	69.27	99.37
PBT / Share (Rs.)	111.12	54.71	47.16	30.02	76.39
Net Profit / Share (Rs.)	82.61	35.67	32.66	19.22	58.93
PBDIT Margin (%)	19.57	13.91	12.77	12.26	17.25
PBIT Margin (%)	17.25	11.26	10.67	10.25	15.28
PBT Margin (%)	14.28	8.08	6.67	4.44	11.74
Net Profit Margin (%)	10.61	5.27	4.62	2.84	9.06
Return on Networth / Equity (%)	15.61	7.86	7.69	4.85	15.48
Return on Capital Employeed (%)	21.76	13.16	13.68	14.47	20.49
Return On Assets (%)	7.22	3.56	3.41	1.89	5.37
Long Term Debt / Equity (X)	0.09	0.19	0.23	0.15	0.22
Total Debt / Equity (X)	0.85	0.91	1.06	1.06	1.14
Asset Turnover Ratio (%)	0.72	0.69	0.71	0.64	0.62
Current Ratio (X)	1.08	1.04	0.94	0.94	1.00
Quick Ratio (X)	0.06	0.08	0.11	0.07	0.10
Inventory Turnover Ratio (X)	1.37	1.41	0.95	0.84	1.05
Dividend Payout Ratio (NP) (%)	8.47	18.22	12.24	20.81	2.92
Dividend Payout Ratio (CP) (%)	6.95	12.13	8.42	12.18	2.40
Earning Retention Ratio (%)	91.53	81.78	87.76	79.19	97.08
Cash Earning Retention Ratio (%)	93.05	87.87	91.58	87.82	97.60
Interest Coverage Ratio (X)	6.58	4.37	3.20	2.11	3.27
Interest Coverage Ratio (Post Tax) (X)	4.57	2.66	2.16	1.49	2.39
Enterprise Value (Cr.)	1389.56	1030.80	1079.46	735.53	704.31
EV / Net Operating Revenue (X)	1.27	1.08	1.08	0.77	0.76
EV / EBITDA (X)	6.47	7.77	8.49	6.30	4.46
MarketCap / Net Operating Revenue (X)	0.68	0.47	0.44	0.14	0.10
Retention Ratios (%)	91.52	81.77	87.75	79.18	97.07
Price / BV (X)	1.01	0.70	0.74	0.25	0.17
Price / Net Operating Revenue (X)	0.68	0.47	0.44	0.14	0.10
EarningsYield	0.15	0.11	0.10	0.18	0.87

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

Fair Value: 855.01

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.

Undervalued: 8.78% compared to the current price 786

Intrinsic Value: 895.35

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 13.91% compared to the current price 786

Last 5 Year EPS CAGR: 4.72%

*Investments are subject to market risks

Strength and Weakness of Magadh Sugar & Energy Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (595.40 cr) and profit (60.60 cr) over the years.	The stock has a low average ROCE of 6.78%, which may not be favorable. The stock has a high average Working Capital Days of 123.56, which may not be favorable. The stock has a high average Cash Conversion Cycle of 190.67, which may not be favorable. The company has higher borrowings (465.00) compared to reserves (425.80), which may suggest financial risk.

FAQ

What is the latest fair value of Magadh Sugar & Energy Ltd?

The latest fair value of Magadh Sugar & Energy Ltd is ₹855.01.

What is the Market Cap of Magadh Sugar & Energy Ltd?

The Market Cap of Magadh Sugar & Energy Ltd is 1,109 Cr..

What is the current Stock Price of Magadh Sugar & Energy Ltd as on 26 July 2024?

The current stock price of Magadh Sugar & Energy Ltd as on 26 July 2024 is 786.

What is the High / Low of Magadh Sugar & Energy Ltd stocks in FY 2024?

In FY 2024, the High / Low of Magadh Sugar & Energy Ltd stocks is 866/455.

What is the Stock P/E of Magadh Sugar & Energy Ltd?

The Stock P/E of Magadh Sugar & Energy Ltd is 9.50.

What is the Book Value of Magadh Sugar & Energy Ltd?

The Book Value of Magadh Sugar & Energy Ltd is 529.

What is the Dividend Yield of Magadh Sugar & Energy Ltd?

The Dividend Yield of Magadh Sugar & Energy Ltd is 1.27 %.

What is the ROCE of Magadh Sugar & Energy Ltd?

The ROCE of Magadh Sugar & Energy Ltd is 14.6 %.

What is the ROE of Magadh Sugar & Energy Ltd?

The ROE of Magadh Sugar & Energy Ltd is 16.8 %.

What is the Face Value of Magadh Sugar & Energy Ltd?

The Face Value of Magadh Sugar & Energy Ltd is 10.0.