Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:53 am
Author: Getaka|Social: XLinkedIn

Uttam Sugar Mills Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹166.40Overvalued by 32.08%vs CMP ₹245.00

P/E (8.1) × ROE (12.4%) × BV (₹205.00) × DY (1.02%)

₹305.03Undervalued by 24.50%vs CMP ₹245.00
MoS: +19.7% (Adequate)Confidence: 48/100 (Moderate)Models: 5 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹161.1922%Over (-34.2%)
Graham NumberEarnings₹373.1016%Under (+52.3%)
Earnings PowerEarnings₹202.3613%Over (-17.4%)
DCFCash Flow₹250.2213%Fair (+2.1%)
Net Asset ValueAssets₹205.617%Over (-16.1%)
EV/EBITDAEnterprise₹486.329%Under (+98.5%)
Earnings YieldEarnings₹301.807%Under (+23.2%)
ROCE CapitalReturns₹579.649%Under (+136.6%)
Revenue MultipleRevenue₹470.835%Under (+92.2%)
Consensus (9 models)₹305.03100%Undervalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -3.1%

*Investments are subject to market risks

Investment Snapshot

63
Uttam Sugar Mills Ltd scores 63/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health59/100 · Moderate
ROCE 11.8% AverageROE 12.4% GoodD/E 1.09 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 74.4% Stable
Earnings Quality50/100 · Moderate
OPM stable around 13% Steady
Quarterly Momentum80/100 · Strong
Revenue (4Q): +29% YoY AcceleratingProfit (4Q): +77% YoY StrongOPM: 11.0% (down 4.0% YoY) Margin pressure
Industry Rank80/100 · Strong
P/E 8.1 vs industry 20.7 Cheaper than peersROCE 11.8% vs industry 8.6% Above peersROE 12.4% vs industry 7.9% Above peers3Y sales CAGR: -4% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:53 am

Market Cap 933 Cr.
Current Price 245
Intrinsic Value₹305.03
High / Low 331/181
Stock P/E8.10
Book Value 205
Dividend Yield1.02 %
ROCE11.8 %
ROE12.4 %
Face Value 10.0
PEG Ratio-2.59

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

View Share Price Target for Uttam Sugar Mills Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Uttam Sugar Mills Ltd 933 Cr. 245 331/1818.10 2051.02 %11.8 %12.4 % 10.0
Avadh Sugar & Energy Ltd 942 Cr. 470 586/30612.5 5292.13 %9.19 %8.24 % 10.0
Dhampur Sugar Mills Ltd 905 Cr. 141 162/10913.2 1750.00 %5.86 %4.44 % 10.0
Dwarikesh Sugar Industries Ltd 861 Cr. 46.5 52.6/32.143.6 40.71.08 %5.48 %2.86 % 1.00
Dhampur Bio Organics Ltd 754 Cr. 114 127/65.031.8 1451.10 %3.97 %1.56 % 10.0
Industry Average2,024.68 Cr265.4020.73225.550.76%8.62%7.89%6.37

All Competitor Stocks of Uttam Sugar Mills Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 472527460604518465454386404550605560494
Expenses 420416394561444383419382342435554536439
Operating Profit 511126643748235462115512355
OPM % 11%21%14%7%14%18%8%1%15%21%8%4%11%
Other Income 2322223112121
Interest 9121814817181181719115
Depreciation 99910101111111111111112
Profit before tax 3593412259579-17448921240
Tax % 26%25%25%28%26%26%25%-10%26%24%25%37%25%
Net Profit 2670311643426-16336816130
EPS in Rs 6.8318.358.124.1011.4011.051.69-4.108.5217.814.180.397.80

Last Updated: March 3, 2026, 1:58 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 8:16 am

MetricJun 2014n n 15mJun 2015Mar 2016n n 9mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 8717588071,0851,2431,2281,6451,8192,0342,0592,0471,7932,209
Expenses 8247727268691,1271,0561,4631,6011,7641,8141,7811,5781,965
Operating Profit 47-1581217117172182218271245266215244
OPM % 5%-2%10%20%9%14%11%12%13%12%13%12%11%
Other Income 324-1119107149976
Interest 99755074808079867552565452
Depreciation 41231723242729293336404546
Profit before tax -90-11218119247484110177165179124152
Tax % -39%-21%13%10%28%21%39%46%24%25%26%26%
Net Profit -55-88151071758526013512413291115
EPS in Rs -14.50-23.124.0627.954.4615.2413.5415.6735.3832.4134.6723.9230.18
Dividend Payout % -0%-0%-0%-0%-0%-0%-0%-0%6%8%7%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-84.11%241.18%-10.34%15.38%125.00%-8.15%6.45%-31.06%
Change in YoY Net Profit Growth (%)0.00%325.29%-251.52%25.73%109.62%-133.15%14.60%-37.51%

Uttam Sugar Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:2%
3 Years:-4%
TTM:-5%
Compounded Profit Growth
10 Years:14%
5 Years:12%
3 Years:-12%
TTM:-6%
Stock Price CAGR
10 Years:39%
5 Years:25%
3 Years:0%
1 Year:-22%
Return on Equity
10 Years:24%
5 Years:21%
3 Years:18%
Last Year:12%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: December 10, 2025, 3:36 am

MonthJun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 38383838383838383838383838
Reserves -21-26-11121138196247300425538658736745
Borrowings 814740693717771725810820640594761775228
Other Liabilities 311478396446491780671622467452327477206
Total Liabilities 1,1431,2301,1161,3211,4381,7401,7661,7801,5701,6221,7852,0261,217
Fixed Assets 460539531538564582570553673673777774752
CWIP 26111611171145127471131
Investments 000000030052962
Other Assets 6576805707738571,1461,1511,0988929431,0021,222371
Total Assets 1,1431,2301,1161,3211,4381,7401,7661,7801,5701,6221,7852,0261,217

Reserves and Borrowings Chart

Cash Flow

MonthJun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1081331235511431517932015833113
Cash from Investing Activity + -8-10-8-25-50-46-46-88-28-50-137-60
Cash from Financing Activity + -115-146-10336-21-10019-83-286-110102-53
Net Cash Flow -15-221216-21-3-1386-2-20
Free Cash Flow 98123112-21097-3294289108-9168
CFO/OP 229%-909%153%2%48%84%18%82%119%80%28%64%

Free Cash Flow

MonthJun 2014n n 15mJun 2015Mar 2016n n 9mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow47.00-755.0081.00-500.00-654.00-553.00-628.00-602.00-369.00-349.00-495.00-560.00

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

MonthJun 2014Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 712261814161110119714
Inventory Days 265253216306272414277252196203227316
Days Payable 13121517314214527115212372673984
Cash Conversion Cycle 1415068182142159137138134145195246
Working Capital Days -131-207-66-29-49-24-15-14-341726
ROCE %1%-4%9%25%11%16%16%17%22%19%18%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.84%72.84%72.84%73.18%73.70%74.39%74.39%74.39%74.39%74.39%74.39%74.39%
FIIs 0.56%0.69%0.39%0.30%0.07%0.03%0.10%0.03%0.26%0.13%0.07%0.04%
DIIs 0.04%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 26.55%26.46%26.76%26.51%26.22%25.58%25.51%25.59%25.36%25.48%25.55%25.58%
No. of Shareholders 23,70621,09220,63324,54027,81129,90931,88032,45031,74929,93230,42129,388

Shareholding Pattern Chart

No. of Shareholders

Uttam Sugar Mills Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 10.0010.00
Basic EPS (Rs.) 23.1634.67
Diluted EPS (Rs.) 23.1634.67
Cash EPS (Rs.) 34.7245.10
Book Value[Excl.RevalReserv]/Share (Rs.) 206.20182.50
Book Value[Incl.RevalReserv]/Share (Rs.) 206.20182.50
Revenue From Operations / Share (Rs.) 484.03536.70
PBDIT / Share (Rs.) 58.0171.93
PBIT / Share (Rs.) 45.7961.50
PBT / Share (Rs.) 30.9446.88
Net Profit / Share (Rs.) 22.5034.66
NP After MI And SOA / Share (Rs.) 23.1634.66
PBDIT Margin (%) 11.9813.40
PBIT Margin (%) 9.4511.45
PBT Margin (%) 6.398.73
Net Profit Margin (%) 4.646.45
NP After MI And SOA Margin (%) 4.786.45
Return on Networth / Equity (%) 11.2218.99
Return on Capital Employeed (%) 17.0526.20
Return On Assets (%) 4.117.40
Long Term Debt / Equity (X) 0.090.09
Total Debt / Equity (X) 1.061.09
Current Ratio (X) 1.121.11
Quick Ratio (X) 0.090.06
Dividend Payout Ratio (NP) (%) 10.790.00
Dividend Payout Ratio (CP) (%) 7.060.00
Earning Retention Ratio (%) 89.210.00
Cash Earning Retention Ratio (%) 92.940.00
Interest Coverage Ratio (X) 3.914.92
Interest Coverage Ratio (Post Tax) (X) 2.523.37
Enterprise Value (Cr.) 1841.161943.27
EV / Net Operating Revenue (X) 0.990.94
EV / EBITDA (X) 8.327.08
MarketCap / Net Operating Revenue (X) 0.530.58
Retention Ratios (%) 89.200.00
Price / BV (X) 1.251.71
Price / Net Operating Revenue (X) 0.530.58
EarningsYield 0.080.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Uttam Sugar Mills Ltd. is a Public Limited Listed company incorporated on 04/10/1993 and has its registered office in the State of Uttarakhand/Uttaranchal, India. Company's Corporate Identification Number(CIN) is L99999UR1993PLC032518 and registration number is 032518. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company's Total Operating Revenue is Rs. 1793.41 Cr. and Equity Capital is Rs. 38.14 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
SugarVillage Libberheri, Haridwar District Uttarakhand/Uttaranchal 247667Contact not found
Management
NamePosition Held
Mr. Raj Kumar AdlakhaManaging Director
Mr. Shankar Lal SharmaExecutive Director
Mr. Gurbachan Singh MattaNon Executive Director
Mr. Narendra Kumar SawhneyIndependent Director
Mrs. Rutuja Rajendra MoreIndependent Director
Mr. Jasbir SinghIndependent Director
Mr. Ravi KumarIndependent Director
Mrs. Anju SethiIndependent Director

FAQ

What is the intrinsic value of Uttam Sugar Mills Ltd and is it undervalued?

As of 09 April 2026, Uttam Sugar Mills Ltd's intrinsic value is ₹305.03, which is 24.50% higher than the current market price of ₹245.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (12.4 %), book value (₹205), dividend yield (1.02 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Uttam Sugar Mills Ltd?

Uttam Sugar Mills Ltd is trading at ₹245.00 as of 09 April 2026, with a FY2026-2027 high of ₹331 and low of ₹181. The stock is currently in the middle of its 52-week range. Market cap stands at ₹933 Cr..

How does Uttam Sugar Mills Ltd's P/E ratio compare to its industry?

Uttam Sugar Mills Ltd has a P/E ratio of 8.10, which is below the industry average of 20.73. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Uttam Sugar Mills Ltd financially healthy?

Key indicators for Uttam Sugar Mills Ltd: ROCE of 11.8 % is moderate. Dividend yield is 1.02 %.

Is Uttam Sugar Mills Ltd profitable and how is the profit trend?

Uttam Sugar Mills Ltd reported a net profit of ₹91 Cr in Mar 2025 on revenue of ₹1,793 Cr. Compared to ₹135 Cr in Mar 2022, the net profit shows a declining trend.

Does Uttam Sugar Mills Ltd pay dividends?

Uttam Sugar Mills Ltd has a dividend yield of 1.02 % at the current price of ₹245.00. The company pays dividends, though the yield is modest.

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 Uttam Sugar Mills 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
Explore Industry-wise Stock Analysis Reports