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Last Updated on: 30 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Rajshree Sugars & Chemicals Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 29, 2024, 9:12 pm

Market Cap 192 Cr.
Current Price 57.9
High / Low 102/54.2
Stock P/E40.6
Book Value 85.0
Dividend Yield0.00 %
ROCE6.77 %
ROE5.22 %
Face Value 10.0
PEG Ratio0.47

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

View Share Price Target for Rajshree Sugars & Chemicals Ltd

Competitors of Rajshree Sugars & Chemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gayatri Sugars Ltd 93.5 Cr. 14.4 27.9/13.3 20.00.00 %93.2 %% 10.0
Dhampure Speciality Sugars Ltd 100 Cr. 127 142/75.768.4 35.60.00 %3.15 %3.78 % 10.0
Dhampur Bio Organics Ltd 760 Cr. 115 164/11272.3 1462.18 %5.02 %3.67 % 10.0
DCM Shriram Industries Ltd 1,574 Cr. 181 242/15012.9 1001.11 %16.1 %14.9 % 2.00
Davangere Sugar Company Ltd 500 Cr. 5.31 11.5/5.0140.3 3.640.00 %6.86 %3.75 % 1.00
Industry Average2,271.29 Cr311.5631.02224.520.67%13.00%13.21%6.37

All Competitor Stocks of Rajshree Sugars & Chemicals Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales12710511077175225185139218228213137186
Expenses10710910986132226179152158210185155158
Operating Profit20-41-944-16-13601828-1828
OPM %16%-4%1%-12%25%-0%3%-10%28%8%13%-13%15%
Other Income92109023211011
Interest-176555524345410
Depreciation6666666666666
Profit before tax41-15-9-2041-110-2153917-2823
Tax %2%0%0%0%1%0%0%0%56%0%0%0%32%
Net Profit40-15-9-2041-110-2123917-2816
EPS in Rs14.10-5.21-2.81-5.9612.24-3.440.07-6.397.062.575.18-8.374.77

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales841830574570667552399327364468767764
Expenses722766566532526518385319336436715708
Operating Profit119649381413414928325256
OPM %14%8%1%7%21%6%4%3%8%7%7%7%
Other Income661032324331012713
Interest797365657260585829221424
Depreciation343530262625252524242424
Profit before tax12-39-76-2146-27-65-70-16-32121
Tax %12%31%31%31%34%54%36%30%-6%-22%143%35%
Net Profit10-27-53-1430-13-42-49-17-3-914
EPS in Rs4.33-11.21-22.18-5.7410.67-4.47-14.85-17.52-5.95-0.96-2.714.15
Dividend Payout %0%0%0%0%9%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-370.00%-96.30%73.58%314.29%-143.33%-223.08%-16.67%65.31%82.35%-200.00%255.56%
Change in YoY Net Profit Growth (%)0.00%273.70%169.88%240.70%-457.62%-79.74%206.41%81.97%17.05%-282.35%455.56%

Rajshree Sugars & Chemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-1%
5 Years:14%
3 Years:28%
TTM:-11%
Compounded Profit Growth
10 Years:10%
5 Years:18%
3 Years:38%
TTM:-83%
Stock Price CAGR
10 Years:9%
5 Years:22%
3 Years:19%
1 Year:-1%
Return on Equity
10 Years:-18%
5 Years:-9%
3 Years:0%
Last Year:5%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital24242425282828282833333333
Reserves10781241211610362112228218232248
Borrowings585654675691615458403358432427401393381
Other Liabilities25927014514533017025028321324917014848
Total Liabilities9751,0298678731,089760743680676938822806710
Fixed Assets558544513489551528505483427612589569559
CWIP13211222111012
Investments48556767000000000
Other Assets355427285315537230236196248325232236149
Total Assets9751,0298678731,089760743680676938822806710

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +130211535132148714618241639
Cash from Investing Activity +-45-14-617314-2-819847-3
Cash from Financing Activity +-8774-93-38-150-216-69-36-40-31-63-32
Net Cash Flow-281-84-255-54-03-30-13

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-466.00-590.00-666.00-653.00-474.00-424.00-389.00-349.00-404.00-395.00-349.00-337.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days261422353131574831241915
Inventory Days15114516019228512914410917519696113
Days Payable628893921571182182222081808778
Cash Conversion Cycle115718913515942-17-64-1402750
Working Capital Days1535482613-35-164-339-28141632
ROCE %13%5%-2%2%16%2%-1%-3%2%3%5%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters40.66%40.66%40.66%40.65%40.65%40.65%40.65%40.65%40.65%40.65%40.65%40.65%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.00%0.04%0.00%0.29%
DIIs15.01%15.01%15.01%15.01%15.01%14.52%12.38%11.80%4.90%2.88%2.88%2.88%
Public44.33%44.33%44.33%44.33%44.33%44.82%46.94%47.49%54.43%56.42%56.45%56.15%
No. of Shareholders21,79922,15822,57322,24322,86923,15524,11725,21925,59630,87932,31632,660

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 18Mar 17Mar 16Mar 15Mar 14
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.4210.56-5.98-27.61-14.44
Diluted EPS (Rs.)9.4210.56-5.09-27.61-14.44
Cash EPS (Rs.)18.4019.743.50-14.231.73
Book Value[Excl.RevalReserv]/Share (Rs.)46.7337.20-0.695.9935.39
Book Value[Incl.RevalReserv]/Share (Rs.)46.7337.20-0.695.9935.39
Revenue From Operations / Share (Rs.)196.07236.66285.49298.69388.12
PBDIT / Share (Rs.)12.8951.1317.623.8628.34
PBIT / Share (Rs.)3.9141.856.39-9.5212.18
PBT / Share (Rs.)-17.4216.28-11.19-39.83-20.90
Net Profit / Share (Rs.)9.4210.46-7.73-27.61-14.44
NP After MI And SOA / Share (Rs.)9.4210.46-7.73-27.61-14.44
PBDIT Margin (%)6.5721.606.171.297.30
PBIT Margin (%)1.9917.682.23-3.183.13
PBT Margin (%)-8.886.88-3.91-13.33-5.38
Net Profit Margin (%)4.804.42-2.70-9.24-3.72
NP After MI And SOA Margin (%)4.804.42-2.70-9.24-3.72
Return on Networth / Equity (%)20.1528.120.00-460.75-40.80
Return on Capital Employeed (%)2.6425.453.62-4.554.58
Return On Assets (%)3.492.64-2.05-6.85-3.08
Long Term Debt / Equity (X)2.163.36-258.4533.966.17
Total Debt / Equity (X)2.794.73-374.0846.258.16
Asset Turnover Ratio (%)0.580.650.620.570.79
Current Ratio (X)0.610.840.730.781.00
Quick Ratio (X)0.200.360.180.160.32
Inventory Turnover Ratio (X)1.051.611.721.502.36
Interest Coverage Ratio (X)0.602.000.610.120.85
Interest Coverage Ratio (Post Tax) (X)0.421.420.340.080.56
Enterprise Value (Cr.)451.53614.15745.71699.22658.60
EV / Net Operating Revenue (X)0.810.921.050.980.71
EV / EBITDA (X)12.434.2616.9576.159.77
MarketCap / Net Operating Revenue (X)0.150.260.130.060.06
Price / BV (X)0.651.67-55.233.180.74
Price / Net Operating Revenue (X)0.150.260.130.060.06
EarningsYield0.300.16-0.20-1.45-0.54

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Rajshree Sugars & Chemicals Ltd as of December 30, 2024 is: 183.75

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 30, 2024, Rajshree Sugars & Chemicals Ltd is Undervalued by 217.36% compared to the current share price 57.90

Intrinsic Value of Rajshree Sugars & Chemicals Ltd as of December 30, 2024 is: 343.02

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 30, 2024, Rajshree Sugars & Chemicals Ltd is Undervalued by 492.44% compared to the current share price 57.90

Last 5 Year EPS CAGR: 86.68%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -30.58, which is a positive sign.
  1. The stock has a low average ROCE of 4.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 53.83, which may not be favorable.
  3. The company has higher borrowings (497.92) compared to reserves (111.08), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (593.58) and profit (-18.08).

Stock Analysis

  • 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 Rajshree Sugars & Chemicals Ltd:
    1. Net Profit Margin: 4.8%
      • 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: 2.64% (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%: 20.15% (Industry Average ROE: 11.89%)
      • 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): 0.42
      • 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: 0.2
      • 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: 40.6 (Industry average Stock P/E: 23.78)
      • 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: 2.79
      • 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

Rajshree Sugars & Chemicals Ltd. is a Public Limited Listed company incorporated on 13/12/1985 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L01542TZ1985PLC001706 and registration number is 001706. Currently Company is involved in the business activities of Manufacture of sugar. Company’s Total Operating Revenue is Rs. 467.67 Cr. and Equity Capital is Rs. 33.14 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarThe Uffizi, 338/8, Coimbatore Tamil Nadu 641004investor@rajshreesugars.com
http://www.rajshreesugars.com
Management
NamePosition Held
Ms. Rajshree PathyChairperson
Mr. R VaradarajanWhole Time Director
Mr. K IlangoIndependent Director
Mr. Sheilendra BhansaliIndependent Director
Mr. S VasudevanIndependent Director
Mr. S KrishnaswamiIndependent Director

FAQ

What is the latest intrinsic value of Rajshree Sugars & Chemicals Ltd?

The latest intrinsic value of Rajshree Sugars & Chemicals Ltd as on 30 December 2024 is ₹183.75, which is 217.36% higher than the current market price of ₹57.90. The stock has a market capitalization of 192 Cr. and recorded a high/low of 102/54.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹248 Cr and total liabilities of ₹710 Cr.

What is the Market Cap of Rajshree Sugars & Chemicals Ltd?

The Market Cap of Rajshree Sugars & Chemicals Ltd is 192 Cr..

What is the current Stock Price of Rajshree Sugars & Chemicals Ltd as on 30 December 2024?

The current stock price of Rajshree Sugars & Chemicals Ltd as on 30 December 2024 is 57.9.

What is the High / Low of Rajshree Sugars & Chemicals Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Rajshree Sugars & Chemicals Ltd stocks is 102/54.2.

What is the Stock P/E of Rajshree Sugars & Chemicals Ltd?

The Stock P/E of Rajshree Sugars & Chemicals Ltd is 40.6.

What is the Book Value of Rajshree Sugars & Chemicals Ltd?

The Book Value of Rajshree Sugars & Chemicals Ltd is 85.0.

What is the Dividend Yield of Rajshree Sugars & Chemicals Ltd?

The Dividend Yield of Rajshree Sugars & Chemicals Ltd is 0.00 %.

What is the ROCE of Rajshree Sugars & Chemicals Ltd?

The ROCE of Rajshree Sugars & Chemicals Ltd is 6.77 %.

What is the ROE of Rajshree Sugars & Chemicals Ltd?

The ROE of Rajshree Sugars & Chemicals Ltd is 5.22 %.

What is the Face Value of Rajshree Sugars & Chemicals Ltd?

The Face Value of Rajshree Sugars & Chemicals 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 Rajshree Sugars & Chemicals 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