Financials The Sukhjit Starch & Chemicals Limited

Equities

SUKHJITS

INE450E01011

Food Processing

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
488.3 INR -1.76% Intraday chart for The Sukhjit Starch & Chemicals Limited +4.32% -0.29%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,468 3,782 1,967 2,968 8,271 5,868
Enterprise Value (EV) 1 4,392 4,754 5,251 5,906 10,396 8,317
P/E ratio 15.3 x 9.18 x 5.94 x 14.2 x 11.4 x 9.26 x
Yield 1.38% 1.46% 1.5% 1.49% 1.89% 2.13%
Capitalization / Revenue 0.49 x 0.51 x 0.25 x 0.42 x 0.71 x 0.41 x
EV / Revenue 0.63 x 0.64 x 0.66 x 0.84 x 0.9 x 0.57 x
EV / EBITDA 6.45 x 5.07 x 9.2 x 8.54 x 6.5 x 5.59 x
EV / FCF -10.9 x -39.9 x -2.17 x 29.8 x 12.6 x -22 x
FCF Yield -9.19% -2.51% -46% 3.36% 7.91% -4.54%
Price to Book 1.29 x 1.34 x 0.63 x 0.89 x 2 x 1.26 x
Nbr of stocks (in thousands) 14,760 14,760 14,760 14,760 15,622 15,622
Reference price 2 235.0 256.2 133.3 201.1 529.4 375.6
Announcement Date 8/8/18 7/10/19 7/16/20 7/9/21 7/15/22 7/15/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 7,026 7,435 8,008 7,036 11,615 14,486
EBITDA 1 681.4 938.6 570.8 691.9 1,600 1,488
EBIT 1 534.1 810 430.2 475.4 1,252 1,135
Operating Margin 7.6% 10.9% 5.37% 6.76% 10.78% 7.84%
Earnings before Tax (EBT) 1 358.2 656.4 326.9 281.8 1,019 862.2
Net income 1 226.7 411.8 331.3 209.1 728.5 633.6
Net margin 3.23% 5.54% 4.14% 2.97% 6.27% 4.37%
EPS 2 15.36 27.90 22.45 14.17 46.63 40.56
Free Cash Flow 1 -403.8 -119.2 -2,418 198.2 822.9 -377.7
FCF margin -5.75% -1.6% -30.2% 2.82% 7.08% -2.61%
FCF Conversion (EBITDA) - - - 28.65% 51.44% -
FCF Conversion (Net income) - - - 94.8% 112.96% -
Dividend per Share 2 3.250 3.750 2.000 3.000 10.00 8.000
Announcement Date 8/8/18 7/10/19 7/16/20 7/9/21 7/15/22 7/15/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 924 972 3,284 2,937 2,125 2,449
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.356 x 1.036 x 5.753 x 4.246 x 1.329 x 1.646 x
Free Cash Flow 1 -404 -119 -2,418 198 823 -378
ROE (net income / shareholders' equity) 8.97% 15.4% 11.1% 6.46% 19.5% 14.4%
ROA (Net income/ Total Assets) 7.12% 9.12% 3.86% 3.72% 9.51% 7.87%
Assets 1 3,182 4,516 8,581 5,616 7,659 8,047
Book Value Per Share 2 182.0 192.0 213.0 225.0 264.0 298.0
Cash Flow per Share 2 7.450 4.880 2.430 1.170 0.9100 1.020
Capex 1 325 1,203 1,641 748 307 369
Capex / Sales 4.63% 16.17% 20.49% 10.63% 2.64% 2.54%
Announcement Date 8/8/18 7/10/19 7/16/20 7/9/21 7/15/22 7/15/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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