Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Rajshree Sugars & Chemicals Ltd

About the Company - Rajshree Sugars & Chemicals Ltd

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, 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

Rajshree Sugars & Chemicals Ltd. Share Price Update

Share PriceValue
Today₹88.96
Previous Day₹92.13

Basic Stock Data of Rajshree Sugars & Chemicals Ltd

Market Cap 263 Cr.
Current Price 79.4
High / Low102/32.6
Stock P/E12.3
Book Value 83.6
Dividend Yield0.00 %
ROCE4.61 %
ROE4.06 %
Face Value 10.0

Data Source: screener.in

Competitors of Rajshree Sugars & Chemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Simbhaoli Sugars Ltd 137 Cr. 33.238.5/17.8 41.10.00 %0.48 %% 10.0
Uttam Sugar Mills Ltd 1,360 Cr. 357536/2168.51 1610.70 %19.1 %23.8 % 10.0
KM Sugar Mills Ltd 325 Cr. 35.439.4/22.815.4 31.80.00 %8.84 %8.76 % 2.00
Rana Sugars Ltd 391 Cr. 25.430.4/19.47.57 33.40.00 %12.6 %12.5 % 10.0
Triveni Engineering & Industries Ltd 7,456 Cr. 341417/25017.6 1230.95 %17.5 %23.3 % 1.00
Industry Average1,933.80 Cr158.409.8278.060.33%11.70%13.67%6.60

Rajshree Sugars & Chemicals Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales915012710511077175225185139218228213
Expenses894910710910986132226179152158210185
Operating Profit2020-41-944-16-13601828
OPM %2%1%16%-4%1%-12%25%-0%3%-10%28%8%13%
Other Income0092109023211
Interest1616-176555524345
Depreciation6666666666666
Profit before tax-20-2141-15-9-2041-110-2153917
Tax %0%0%2%0%0%0%1%0%0%0%56%0%0%
Net Profit-20-2140-15-9-2041-110-2123917
EPS in Rs-7.16-7.6114.10-5.21-2.81-5.9612.24-3.440.07-6.397.062.575.18

Rajshree Sugars & Chemicals Ltd Quarterly Chart

Rajshree Sugars & Chemicals Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales709841830574570667552399327364468767798
Expenses617722766566532526518385319336436715706
Operating Profit91119649381413414928325292
OPM %13%14%8%1%7%21%6%4%3%8%7%7%12%
Other Income-666103232433101276
Interest62797365657260585829221417
Depreciation26343530262625252524242424
Profit before tax-212-39-76-2146-27-65-70-16-32158
Tax %19%12%31%31%31%34%54%36%30%-6%-22%143%
Net Profit-210-27-53-1430-13-42-49-17-3-928
EPS in Rs-0.744.33-11.21-22.18-5.7410.67-4.47-14.85-17.52-5.95-0.96-2.718.42
Dividend Payout %0%0%0%0%0%9%0%0%0%0%0%0%

Rajshree Sugars & Chemicals Ltd Profit & Loss Yearly Chart

Rajshree Sugars & Chemicals Ltd Growth

Compounded Sales Growth
10 Years:-1%
5 Years:7%
3 Years:33%
TTM:21%
Compounded Profit Growth
10 Years:%
5 Years:11%
3 Years:21%
TTM:190%
Stock Price CAGR
10 Years:17%
5 Years:37%
3 Years:82%
1 Year:113%
Return on Equity
10 Years:-24%
5 Years:-21%
3 Years:-8%
Last Year:-4%

Rajshree Sugars & Chemicals Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital24242424252828282828333333
Reserves9610679241211610362112228218244
Borrowings592585654675691615458403358432427401396
Other Liabilities19226027214514533017025028321324916698
Total Liabilities9039751,0298678731,089760743680676938819771
Fixed Assets433558544513489551528505483427612589579
CWIP1321321122211101
Investments484855676700000000
Other Assets291355427285315537230236196248325229191
Total Assets9039751,0298678731,089760743680676938819771

Rajshree Sugars & Chemicals Ltd Reserves and Borrowings Chart

Rajshree Sugars & Chemicals Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1111302115351321487146182416
Cash from Investing Activity -149-45-14-617314-2-819847
Cash from Financing Activity 29-8774-93-38-150-216-69-36-40-31-63
Net Cash Flow-9-281-84-255-54-03-30-1

Rajshree Sugars & Chemicals Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days342614223531315748312417
Inventory Days10415114516019228512914410917519696
Days Payable506288939215711821822220818087
Cash Conversion Cycle87115718913515942-17-64-14026
Working Capital Days211535482613-35-164-339-281416
ROCE %11%13%5%-2%2%16%2%-1%-3%2%3%5%

Rajshree Sugars & Chemicals Ltd Financial Efficiency Indicators Chart

Rajshree Sugars & Chemicals Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters47.83%47.83%40.66%40.66%40.66%40.66%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%0.00%0.00%0.00%0.03%0.00%
DIIs0.02%0.02%15.01%15.01%15.01%15.01%15.01%15.01%14.52%12.38%11.80%4.90%
Public52.14%52.14%44.33%44.33%44.33%44.33%44.33%44.33%44.82%46.94%47.49%54.43%
No. of Shareholders17,65318,13018,63021,79922,15822,57322,24322,86923,15524,11725,21925,596

Rajshree Sugars & Chemicals Ltd Shareholding Pattern Chart

No. of Rajshree Sugars & Chemicals Ltd Shareholders

This stock is not held by any mutual fund

Rajshree Sugars & Chemicals Ltd ROCE Trend

Rajshree Sugars & Chemicals Ltd EPS Trend

Rajshree Sugars & Chemicals Ltd 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

Rajshree Sugars & Chemicals Ltd Profitability Ratios (%)

Rajshree Sugars & Chemicals Ltd Liquidity Ratios

Rajshree Sugars & Chemicals Ltd Liquidity Ratios (%)

Rajshree Sugars & Chemicals Ltd Interest Coverage Ratios (X)

Rajshree Sugars & Chemicals Ltd Valuation Ratios

Fair Value / Intrinsic Value of Rajshree Sugars & Chemicals Ltd

Fair Value: ₹42.58

The stock is overvalued by 46.37% compared to the current price ₹79.4

*Investments are subject to market risks

Strength and Weakness of Rajshree Sugars & Chemicals Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of -31.50, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of 10.96 and average Dividend Yield of 4.37%.
  2. The stock has a low average ROCE of 4.42%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 56.83, which may not be favorable.
  4. The company has higher borrowings (514.38) compared to reserves (100.08), which may suggest financial risk.
  5. The company has not shown consistent growth in sales (605.08) and profit (-14.00).

Should I Buy Rajshree Sugars & Chemicals Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Rajshree Sugars & Chemicals Ltd:
    1. Net Profit Margin: 4.80%
      • 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: 14.23%)
      • 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. 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.
    4. Quick Ratio: 0.20
      • 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.
    5. ✗ Stock P/E: 11.6 (Industry average Stock P/E: 9.73)
      • 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.
    6. ✗ 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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