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Sakthi Sugars Ltd share Price Today

Company details

33.55
34.60
21.30
46.75
6M Return 8.64%
1Y Return 59.02%
Mkt Cap.(Cr) 403.49
Volume 168,802
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 168,802

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Sakthi Sugars Ltd shares SWOT Analysis

Strengths (3)

  • Strong Annual EPS Growth
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • FII / FPI or Institutions increasing their shareholding

Weakness (8)

  • Promoters increased pledged shares QoQ
  • Red Flag: High Interest Payments Compared to Earnings
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (3)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 34.5
R2 35.1
R3 35.6
Pivot

34.03

S1 33.5
S2 33.0
S3 32.4
EMA SMA
34.6
34.6
33.7
31.6
35.1
34.2
33.6
31.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-08 44.3 1805508 NSE
JAYANT MARU Bulk Purchase 2024-02-08 44.35 650000 NSE
QE SECURITIES LLP Bulk Purchase 2024-02-08 44.13 624946 NSE
Name Category Shares
Dr.M.Manickam PROMOTER 1.61%
A B T Investments India Private Limited PROMOTER 55.93%
Sri Chamundeswari Sugars Limited PROMOTER 1.05%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sakthi Sugars Ltd Stocks COMPARISON

Financials( in Cr) Sakthi Sugars Ltd EID Parry (India) Ltd Shree Renuka Sugars Ltd Balrampur Chini Mills Ltd Triveni Engineering and Industries Ltd
Price 33.95 626.15 41.70 388.45 344.65
% Change 0.89 -3.19 -0.36 3.01 -0.42
Mcap Cr 403.49 11,115.29 8,875.80 7,836.94 7,544.32
Revenue TTM Cr 1,053.76 35,243.80 9,020.75 4,665.86 5,616.84
Net Profit TTM Cr 417.82 1,827.74 -196.67 284.17 1,791.81
PE TTM 0.00 12.34 0.00 14.66 19.10
1 Year Return 59.02 26.70 -3.70 0.37 29.30
ROCE 8.02 39.86 0.00 10.41 17.30
ROE -244.62 32.04 0.00 10.03 23.28
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -10.83 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31

Sakthi Sugars Ltd Information

Stock PE (TTM)
0
Promoter Holding
59.83%
Book Value
4.5557
ROCE
8.02%
ROE
-244.62%
Description
  • Sakthi Sugars Limited (SSL) was established in May 12, 1961. The Company is engaged in the business of manufacture of sugar, industrial alcohol, power and soya products. The installed capacity of sugar division is 19000 tons of cane crush per day (TCD). Its power division has co-generation power plants at Sakthinagar, Sivaganga and Modakurichi, and the aggregate power generation capacity of all three plants is 92 MW. Its distillery produces rectified spirit, extra neutral alcohol and ethanol, and has a distillation capacity of 150 kiloliters per day (KLPD) and ethanol plant capacity of over 50 KLPD. The Company has the capacity to process 90,000 tons soya beans per annum. SSL took over a 1250-tcd sugar unit on a 10-year management contract basis from the Badamba Co-operative Sugar Industries in 1991 with an option to extend the contract for a further period of 10 years. It has also established a modern sugar unit with a crushing capacity of 2500 tcd which commenced operations during 1994-95. Apart from the four sugar units, Sakthi Sugars has two distilleries and a foundry. The capacity of the foundry was expanded to 24,000 tpa. The company entered into technical collaboration with George Fischer Foundry, Switzerland, to supply state-of-the-art manufacturing technology. Sakthi Soyas, a group company, was merged into SSL with effect from 1st, Apr.`93. The unit has an installed capacity of 1,00,000 tpa to produce refined oil, de-oiled cake, full-fat soya meal, soya flour flakes and texturised vegetable protein. SSL has installed a new unit at Haripur for industrial alcohol with an installed capacity of 10000 KL pa. During 1997 the new disamatic foundry wing commenced its production with SG Iron Casting and Graded Iron Casting with a annual capacity of 2600 MT and 1000 MT p.a. The capacities of both the products was increased 14400 MT and 9600 MT p.a respectively. As a restructuring measure the company has hived off its foundry division to wholly owned subsidiary viz Sakhti Auto Components Ltd from April,2000. The crushing capacity of Sakthi Nagar Unit was increased 6000 TPD in October, 1998. The company has taken up implementation of co-generation project at Sakthinagar Sugar Unit. The installed capacity of the proposed co-generation plant is 35 MW. The Co-generation project could not be started off as per schedule and the same is expected to be commissioned in October,2003. An incidental 2 MW co-generation at Sivaganga Sugar unit has commenced its operations from April,2002. The process for setting up a beverage project with Hindustan Coca-Cola Beverages is complete and the plant is ready for operation. Necessary permission from the State Government is expected to commence commercial production. It has entered into JV with TNPL under which the bagasse produced by the company will be exchanged for steam required for operation of the mill and the boilers at Sakthinagar. The Sakthinagar Distillery Division has intalled Ethanol plant with an annual capacity of 50000 ltrs per day and trial production commenced on June,2003 and supply of ethanol to oil companies is expected to commence shortly. The 32MW Co-Generation plant at Sakthi Nagar Sugar Unit was commissioned on 11 November, 2003. The Ethanol plant with a capacity to produce anhydrous alcohol of 12500 KL per annum at Sakthinagar Distillery unit started its commercial production effective from 17 April, 2004 for supply to oil companies. The Company had issued and allotted 36,41,000 equity shares of Rs.10 each to Foreign Institutional Investors on preferential basis, which aggregated to Rs. 18.21 crores. The installed capacity of Sakthinagar Sugar Unit, which enhanced to 9000 TCD and the new sugar mill with 3500 TCD at Poonthurai Semur, Modakurichi, Erode District commenced its operation on 7th September 2007. The Company`s second Co-generation plant with 25 MW in the new sugar mill premises at Poonthurai Semur, Erode District commenced operations from 7th September 2007. The Company acquired the entire equity share capital of Tilan Sugar Limited and accordingly, Tilan Sugar Ltd became the wholly owned subsidiary of the Company in 2007. Sakthi Auto Component Limited (SACL), the wholly owned subsidiary of the Company acquired the entire share capital of Orlandofin B.V., Netherlands. The Company implemented the 35 MW cogeneration plant at Sivaganga Sugar mill premises and it commenced its operation from onward February 1st, 2008. Sakthi Auto Component Limited, the wholly owned subsidiary of the Company, through its European subsidiary, Orlandofin BV, acquired Arvika Gjuteri AB, in Sweden having a foundry unit with a production capacity of 30,000 MT per annum in February 2008. In March 2013, the investment in Sakthi Portugal SA was revalued at Euro 136.55 million and the shares held by Sakthi Netherlands BV in Sakthi Services GmbH were transferred to Orlandofin BV in April 2013. Sakthi Auto Component Limited allotted equity shares aggregating to Rs. 54.39 crores at par by converting 54,38,616 Participatory Convertible Preference Shares of Rs. 100 each to the holders of the said Preference Shares, including equity shares of nominal value of Rs. 20 crores to the Company and accordingly, shareholding percentage of the Company in Sakthi Auto Component Limited reduced to 65%. During the financial year 2013-14, the Company issued and allotted 5,94,05,940 equity shares at a price of Rs.30.30 per share on preferential basis to AB T Limited, a company belonging to the Promoter Group, against the sum of Rs.180 crores brought in by that company, and consequently after this allotment the Company became subsidiary of AB T Limited. With effect from 24th May 2016, ABT Investments (India) Private Limited became the Holding Company in view of vesting the entire equity shareholding of ABT Limited in the Company with ABT Investments (India) Private Limited, pursuant to the Scheme of Demerger of ABT Limited approved by the Honourable High Court of Judicature at Madras. On 17th October 2018, the Company`s shareholding in the share capital of Sakthi Auto Component Limited (SACL) came down to 19.81% from 22.67% and as such SACL ceased to be an Associate Company with effect from the aforesaid date. In 2022, the Board of Directors approved sale of Dhenkanal Sugar and Distillery Units in Orissa State and the Soya Unit at Marchinaickenpalayam, Pollachi at Coimbatore.

Registered Address

Sakthi Nagar, Bhavani (Taluk), Erode, Tamil Nadu, 638315

Tel : 91-04256246241
Email : baskar_shares:sakthisugars.com
Website : http://www.sakthisugars.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 507315
NSE Code : SAKHTISUG
Book Closure Date (Month) :
BSE Group : B
ISIN : INE623A01011

FAQ’s on Sakthi Sugars Ltd Shares

You can buy Sakthi Sugars Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sakthi Sugars Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:59 PM the closing price of Sakthi Sugars Ltd was Rs.33.95.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:59 PM, the market cap of Sakthi Sugars Ltd stood at Rs. 403.49.

The latest PE ratio of Sakthi Sugars Ltd as of May 24, 2024 03:59 PM is 0.00

The latest PB ratio of Sakthi Sugars Ltd as of May 24, 2024 03:59 PM is 0.13

The 52-week high of Sakthi Sugars Ltd share price is Rs. 46.75 while the 52-week low is Rs. 21.30

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