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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

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

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:56 am

Market Cap 292 Cr.
Current Price 19.0
High / Low 27.8/18.0
Stock P/E20.4
Book Value 34.4
Dividend Yield0.00 %
ROCE7.46 %
ROE6.21 %
Face Value 10.0
PEG Ratio-0.56

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gayatri Sugars Ltd 98.0 Cr. 15.0 27.9/14.5 20.00.00 %93.2 %% 10.0
Dhampure Speciality Sugars Ltd 99.4 Cr. 125 142/75.767.6 35.60.00 %3.15 %3.78 % 10.0
Dhampur Bio Organics Ltd 793 Cr. 119 164/11275.4 1462.09 %5.02 %3.67 % 10.0
DCM Shriram Industries Ltd 1,658 Cr. 191 242/15013.6 1001.05 %16.1 %14.9 % 2.00
Davangere Sugar Company Ltd 525 Cr. 5.58 11.5/5.0142.4 3.640.00 %6.86 %3.75 % 1.00
Industry Average2,316.78 Cr312.1630.81224.520.65%13.00%13.21%6.37

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales513373277264486427378370452500340337415
Expenses425308254236425404370346394467345319379
Operating Profit8865232862238255833-51836
OPM %17%17%8%11%13%5%2%7%13%7%-1%5%9%
Other Income000-15294194636
Interest445416544108659
Depreciation117777777988811
Profit before tax735412340201144821-13722
Tax %-0%0%0%0%59%21%0%89%5%26%-12%26%0%
Net Profit73541231716124515-15622
EPS in Rs4.773.520.770.171.081.020.050.102.951.00-0.950.361.41

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
Sales7046486988561,0919771,0921,3131,2221,4001,6271,593
Expenses5925646747171,0129401,0491,2291,0951,2221,5141,510
Operating Profit11284241397937428412617811383
OPM %16%13%3%16%7%4%4%6%10%13%7%5%
Other Income-1-081271523177-132318
Interest738087959099942218292328
Depreciation333327282831333427283135
Profit before tax5-30-8217-38-87-692591581098237
Tax %1%19%33%-0%-19%1%-8%-3%-0%22%23%24%
Net Profit5-24-5517-45-86-75266158856328
EPS in Rs0.35-1.56-3.581.09-2.94-5.63-4.8817.3010.275.554.131.82
Dividend Payout %0%0%0%0%0%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 (%)-580.00%-129.17%130.91%-364.71%-91.11%12.79%454.67%-40.60%-46.20%-25.88%-55.56%
Change in YoY Net Profit Growth (%)0.00%450.83%260.08%-495.61%273.59%103.90%441.88%-495.27%-5.60%20.32%-29.67%

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:9%
5 Years:8%
3 Years:9%
TTM:-4%
Compounded Profit Growth
10 Years:13%
5 Years:19%
3 Years:-29%
TTM:-70%
Stock Price CAGR
10 Years:20%
5 Years:44%
3 Years:-7%
1 Year:-20%
Return on Equity
10 Years:%
5 Years:19%
3 Years:14%
Last Year:6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:47 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital154154154154154154154154154154154154154
Reserves6743-125-54-169-24323181267331359374
Borrowings703810824864841865874303207222412443245
Other Liabilities325330344417258537562583594648566548355
Total Liabilities1,2491,3361,3101,4401,1991,3871,3461,0641,1361,2901,4621,5031,127
Fixed Assets454453439447455450431378421452521579556
CWIP403234292821303828571467
Investments0000000000000
Other Assets755851836964717916886648688781926918564
Total Assets1,2491,3361,3101,4401,1991,3871,3461,0641,1361,2901,4621,5031,127

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +543929311316010532914692-8444
Cash from Investing Activity +-24-17-15-27-36-63-28-36-62-123-98-51
Cash from Financing Activity +-3326-96-52-87-103-85-246-76-31708
Net Cash Flow-213-1914-10-7-8478-34-121

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-591.00-726.00-800.00-725.00-762.00-828.00-832.00-219.00-81.00-44.00-299.00-360.00

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 Days303330322452464041282932
Inventory Days411516387401168231207104151196180176
Days Payable14315012916359196202157201201132130
Cash Conversion Cycle2983992882701338851-12-9237778
Working Capital Days199262217184118906216277076
ROCE %9%5%1%11%5%1%3%9%20%26%13%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters22.64%22.64%22.64%22.64%22.64%22.64%22.64%22.64%22.64%22.64%22.64%22.64%
FIIs1.90%2.80%2.32%1.96%0.14%0.01%0.00%1.73%0.00%0.03%0.01%0.00%
DIIs0.02%0.01%0.02%0.00%0.10%0.10%0.00%0.00%0.00%0.00%0.00%0.00%
Government1.66%1.66%1.67%1.67%1.67%1.67%1.66%1.66%1.66%1.66%1.66%1.66%
Public73.78%72.89%73.36%73.75%75.46%75.59%75.70%73.97%75.70%75.66%75.69%75.69%
No. of Shareholders89,0091,14,0961,20,2431,18,5131,20,5491,19,4141,16,0791,15,4681,17,6821,21,8631,23,1471,24,717

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.824.135.5510.2717.29
Diluted EPS (Rs.)1.824.135.5510.2717.29
Cash EPS (Rs.)4.126.177.3612.0319.50
Book Value[Excl.RevalReserv]/Share (Rs.)33.3731.5427.4121.8211.44
Book Value[Incl.RevalReserv]/Share (Rs.)33.3731.5427.4121.8211.44
Revenue From Operations / Share (Rs.)103.73106.0091.2079.5985.36
PBDIT / Share (Rs.)6.568.9011.848.575.93
PBIT / Share (Rs.)4.256.8610.036.813.72
PBT / Share (Rs.)2.415.377.1010.2616.83
Net Profit / Share (Rs.)1.824.135.5510.2717.30
PBDIT Margin (%)6.328.4012.9710.766.94
PBIT Margin (%)4.106.4710.998.554.35
PBT Margin (%)2.325.067.7812.8919.71
Net Profit Margin (%)1.753.896.0812.9020.26
Return on Networth / Equity (%)5.4513.0920.2447.07151.22
Return on Capital Employeed (%)9.4115.3625.2921.6716.08
Return On Assets (%)1.864.336.6013.8724.85
Long Term Debt / Equity (X)0.130.180.220.270.70
Total Debt / Equity (X)0.730.720.390.471.49
Asset Turnover Ratio (%)1.071.181.151.111.09
Current Ratio (X)1.071.111.111.050.90
Quick Ratio (X)0.330.350.350.470.48
Inventory Turnover Ratio (X)2.042.332.532.942.15
Interest Coverage Ratio (X)3.555.976.307.154.06
Interest Coverage Ratio (Post Tax) (X)1.993.774.525.692.86
Enterprise Value (Cr.)668.18681.88585.60249.95260.72
EV / Net Operating Revenue (X)0.410.410.410.200.19
EV / EBITDA (X)6.644.993.221.902.87
MarketCap / Net Operating Revenue (X)0.180.200.310.120.03
Price / BV (X)0.570.691.040.440.28
Price / Net Operating Revenue (X)0.180.200.310.120.03
EarningsYield0.090.180.191.075.24

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 44.45

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 21, 2024, is Undervalued by 133.95% compared to the current share price 19.00

Intrinsic Value of as of December 21, 2024 is: 28.33

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 21, 2024, is Undervalued by 49.11% compared to the current share price 19.00

Last 5 Year EPS CAGR: -36.26%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (324.17 cr) and profit (30.08 cr) over the years.
  1. The stock has a low average ROCE of 9.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 109.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 140.33, which may not be favorable.
  4. The company has higher borrowings (585.62) compared to reserves (90.15), which may suggest financial risk.
  • 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 :
    1. Net Profit Margin: 1.75%
      • 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: 9.41% (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%: 5.45% (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): 1.99
      • 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: 0.33
      • 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: 20.4 (Industry average Stock P/E: 23.62)
      • 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: 0.73
      • 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

Rana Sugars Ltd. is a Public Limited Listed company incorporated on 30/07/1991 and has its registered office in the State of Chandigarh, India. Company’s Corporate Identification Number(CIN) is L15322CH1991PLC011537 and registration number is 011537. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company’s Total Operating Revenue is Rs. 1400.29 Cr. and Equity Capital is Rs. 153.54 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarSCO 49-50, Sector 8-C, Chandigarh Chandigarh 160009info@ranagroup.com
http://www.ranasugars.com
Management
NamePosition Held
Mr. Rana Ranjit SinghChairman & Non-Exe.Director
Mr. Rana Veer Pratap SinghManaging Director
Mr. Surjeet KaushalInd. Non-Executive Director
Ms. Navpreet KaurInd. Non-Executive Director
Mr. Harneet Singh OberoiInd. Non-Executive Director
Mr. Basant Kumar BajajIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹44.45, which is 133.95% higher than the current market price of ₹19.00. The stock has a market capitalization of 292 Cr. and recorded a high/low of 27.8/18.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹374 Cr and total liabilities of ₹1,127 Cr.

What is the Market Cap of ?

The Market Cap of is 292 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 19.0.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 27.8/18.0.

What is the Stock P/E of ?

The Stock P/E of is 20.4.

What is the Book Value of ?

The Book Value of is 34.4.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 7.46 %.

What is the ROE of ?

The ROE of is 6.21 %.

What is the Face Value of ?

The Face Value of 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 . 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