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Last Updated on: 25 June, 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

Basic Stock Data of Magadh Sugar & Energy Ltd

Last Updated: June 25, 2024, 10:32 pm

Market Cap 1,085 Cr.
Current Price 770
High / Low866/403
Stock P/E9.32
Book Value 529
Dividend Yield0.91 %
ROCE14.5 %
ROE16.8 %
Face Value 10.0
PEG Ratio1.98

Competitors of Magadh Sugar & Energy Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bannari Amman Sugars Ltd 4,169 Cr. 3,3163,417/2,18927.4 1,3460.38 %11.9 %9.40 % 10.0
Dalmia Bharat Sugar & Industries Ltd 3,439 Cr. 425490/33812.7 3620.94 %11.0 %9.64 % 2.00
Dhampur Sugar Mills Ltd 1,498 Cr. 229326/19111.2 1682.18 %12.1 %12.5 % 10.0
Davangere Sugar Company Ltd 835 Cr. 8.9112.0/6.7268.3 3.610.00 %6.86 %3.75 % 1.00
Shree Renuka Sugars Ltd 10,964 Cr. 51.557.2/36.6 6.760.00 %10.1 %% 1.00
Industry Average1,974.71 Cr292.2624.64197.750.71%10.01%11.99%6.43

Magadh Sugar & Energy Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales222326253198202343246199210299301289219
Expenses182274242187160281230197164230263256157
Operating Profit4152101142621524568383361
OPM %18%16%4%5%21%18%6%1%22%23%13%11%28%
Other Income0100110001001
Interest1314121071097591174
Depreciation5555566666666
Profit before tax2234-6-431460-103453212152
Tax %34%36%35%31%35%29%43%35%36%34%25%27%25%
Net Profit1522-4-320330-72235161539
EPS in Rs10.3815.48-2.80-2.1514.1823.430.06-4.7515.4824.8711.0310.7027.61

Last Updated: June 6, 2024, 7:16 am

Magadh Sugar & Energy Ltd Quarterly Chart

Magadh Sugar & Energy Ltd Profit & Loss

Last Updated: May 28, 2024, 9:00 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales006817177399169529959531,107
Expenses00520654638761837870822906
Operating Profit0-016064101155115125131201
OPM %24%9%14%17%12%13%14%18%
Other Income00286192322
Interest004143354855403031
Depreciation002019181819212525
Profit before tax0-01021054108426677147
Tax %0%43%-145%36%23%36%31%35%
Net Profit0-058253483274650105
EPS in Rs41.0217.6724.2758.9319.2232.6635.6774.21
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:131%
Stock Price CAGR
10 Years:%
5 Years:43%
3 Years:38%
1 Year:87%
Return on Equity
10 Years:%
5 Years:11%
3 Years:11%
Last Year:17%

Last Updated: June 25, 2024, 5:02 pm

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

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 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)82.6135.6732.6619.2258.93
Diluted EPS (Rs.)82.6135.6732.6619.2258.93
Cash EPS (Rs.)100.6553.5547.5032.8371.71
Book Value[Excl.RevalReserv]/Share (Rs.)529.11453.72424.59395.72380.59
Book Value[Incl.RevalReserv]/Share (Rs.)529.11453.72424.59395.72380.59
Dividend / Share (Rs.)15.007.006.504.004.00
Revenue From Operations / Share (Rs.)778.18676.59706.13675.54650.14
PBDIT / Share (Rs.)152.3194.1390.2382.89112.15
PBIT / Share (Rs.)134.2776.2575.3869.2799.37
PBT / Share (Rs.)111.1254.7147.1630.0276.39
Net Profit / Share (Rs.)82.6135.6732.6619.2258.93
PBDIT Margin (%)19.5713.9112.7712.2617.25
PBIT Margin (%)17.2511.2610.6710.2515.28
PBT Margin (%)14.288.086.674.4411.74
Net Profit Margin (%)10.615.274.622.849.06
Return on Networth / Equity (%)15.617.867.694.8515.48
Return on Capital Employeed (%)21.7613.1613.6814.4720.49
Return On Assets (%)7.223.563.411.895.37
Long Term Debt / Equity (X)0.090.190.230.150.22
Total Debt / Equity (X)0.850.911.061.061.14
Asset Turnover Ratio (%)0.720.690.710.640.62
Current Ratio (X)1.081.040.940.941.00
Quick Ratio (X)0.060.080.110.070.10
Inventory Turnover Ratio (X)1.381.410.950.841.05
Dividend Payout Ratio (NP) (%)0.0018.2212.2420.812.92
Dividend Payout Ratio (CP) (%)0.0012.138.4212.182.40
Earning Retention Ratio (%)0.0081.7887.7679.1997.08
Cash Earning Retention Ratio (%)0.0087.8791.5887.8297.60
Interest Coverage Ratio (X)6.584.373.202.113.27
Interest Coverage Ratio (Post Tax) (X)4.572.662.161.492.39
Enterprise Value (Cr.)1389.561030.801079.46735.53704.31
EV / Net Operating Revenue (X)1.271.081.080.770.76
EV / EBITDA (X)6.477.778.496.304.46
MarketCap / Net Operating Revenue (X)0.680.470.440.140.10
Retention Ratios (%)0.0081.7787.7579.1897.07
Price / BV (X)1.010.700.740.250.17
Price / Net Operating Revenue (X)0.680.470.440.140.10
EarningsYield0.150.110.100.180.87

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: 835.82

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: 8.55% compared to the current price 770

Intrinsic Value: 875.27

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: 13.67% compared to the current price ₹770

Last 5 Year EPS CAGR: 4.72%

*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 (60.60 cr) over the years.
  1. The stock has a low average ROCE of 6.78%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 123.56, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 190.67, which may not be favorable.
  4. The company has higher borrowings (422.70) compared to reserves (417.20), 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 ₹835.82.

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

The Market Cap of Magadh Sugar & Energy Ltd is 1,085 Cr..

What is the current Stock Price of Magadh Sugar & Energy Ltd as on 25 June 2024?

The current stock price of Magadh Sugar & Energy Ltd as on 25 June 2024 is ₹770.

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 866/403.

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

The Stock P/E of Magadh Sugar & Energy Ltd is 9.32.

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 0.91 %.

What is the ROCE of Magadh Sugar & Energy Ltd?

The ROCE of Magadh Sugar & Energy Ltd is 14.5 %.

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.

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