Sukhjit Starch

Who are the top shareholders of the Sukhjit Starch?

The top shareholders of Sukhjit Starch include promoters, with Bhavdeep Sardana holding the largest individual stake at 8.06%. Individual investors own 27.2% of the shares, while foreign institutional investors have a negligible stake.

The top shareholders of Sukhjit Starch primarily consist of promoters, with Bhavdeep Sardana holding the highest individual stake at 8.06%. There are no pledged promoter holdings, and the company does not have any mutual fund schemes invested in it. Additionally, two foreign institutional investors (FIIs) hold shares, but their combined stake is negligible at 0.0%. Individual investors collectively hold 27.2% of the company's shares.

What does Sukhjit Starch do?

Sukhjit Starch & Chemicals Ltd manufactures maize starch and related products, operating as a Micro Cap company. As of March 2025, it reported net sales of ₹360 Cr and a net profit of ₹3 Cr.

Overview:<BR>Sukhjit Starch & Chemicals Ltd is engaged in the manufacturing of maize starch and related products, operating within the Other Agricultural Products industry and classified as a Micro Cap company.<BR><BR>History:<BR>Established in 1943 as a private limited company, Sukhjit Starch & Chemicals Ltd went public in 1944. The company was initially promoted by B K Sardana to set up a maize starch manufacturing plant. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 360 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 610 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 15.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.42 <BR>Return on Equity: 7.36% <BR>Price to Book: 1.08 <BR><BR>Contact Details:<BR>Address: Sarai Road, Phagwara Kapurthala Punjab : 144401 <BR>Tel: 91-1824-468800/260216/260314 <BR>Email: sukhjit@sukhjitgroup.com <BR>Website: http://www.sukhjitgroup.com

What is the bonus history of the Sukhjit Starch?

Sukhjit Starch has issued bonuses twice, with a 1:1 bonus announced on March 27, 2019, and another 1:1 bonus on November 8, 2006, demonstrating a consistent approach to rewarding shareholders.

Sukhjit Starch has a history of issuing bonuses, with two notable instances. The most recent bonus was a 1:1 issue announced on March 27, 2019, with a record date of March 28, 2019. Prior to that, the company also issued a 1:1 bonus on November 8, 2006, with a record date of November 10, 2006. This indicates a consistent approach to rewarding shareholders through bonus shares.

Has Sukhjit Starch declared dividend?

Sukhjit Starch & Chemicals Ltd has declared an 80% dividend, amounting to ₹8 per share, with an ex-date of January 15, 2024. Despite this dividend, recent total returns have been negative over the last 6 months and 1 year, though longer-term performance shows more favorable returns.

Sukhjit Starch & Chemicals Ltd has declared an 80% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 80%<BR>- Amount per share: 8 per share<BR>- Ex-date: 15 Jan 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -33.96%, the dividend return was 0%, resulting in a total return of -33.96%.<BR><BR>Over the past year, the price return was -9.21%, with a dividend return of 0%, leading to a total return of -9.21%.<BR><BR>In the 2-year period, the price return was -8.14%, the dividend return was 3.68%, giving a total return of -4.46%.<BR><BR>For the 3-year period, the price return was -10.04%, the dividend return was 7.54%, resulting in a total return of -2.5%.<BR><BR>In the last 4 years, the price return was 74.87%, with a dividend return of 23.11%, culminating in a total return of 97.98%.<BR><BR>Finally, over the past 5 years, the price return was 125.8%, the dividend return was 36.88%, leading to a total return of 162.68%.<BR><BR>Overall, while Sukhjit Starch has declared a significant dividend, the recent total returns indicate a challenging performance in the short term, with negative returns over the last 6 months and 1 year, but a more favorable outlook over longer periods.

Who are the peers of the Sukhjit Starch?

Sukhjit Starch's peers include L T Foods, KRBL, Kaveri Seed Co., Guj. Ambuja Exp, GRM Overseas, Mangalam Global, Nath Bio-Genes, Aelea, Indo US Bio-Tech, and Tierra Agrotech. In terms of performance, Sukhjit Starch has a 1-year return of -13.25%, ranking higher than Guj. Ambuja Exp but lower than its other peers.

Peers: The peers of Sukhjit Starch are L T Foods, KRBL, Kaveri Seed Co., Guj. Ambuja Exp, GRM Overseas, Mangalam Global, Nath Bio-Genes, Aelea, Indo US Bio-Tech, and Tierra Agrotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaveri Seed Co. and Indo US Bio-Tech, while Good management risk is found at L T Foods and Sukhjit Starch. Average management risk is present at KRBL, Guj. Ambuja Exp, Aelea, and the rest. For Growth, Excellent growth is noted at Mangalam Global and Aelea, while Good growth is seen at L T Foods and Indo US Bio-Tech. Below Average growth is reported at KRBL, Kaveri Seed Co., Guj. Ambuja Exp, GRM Overseas, Sukhjit Starch, Nath Bio-Genes, and the rest. In terms of Capital Structure, Excellent capital structure is found at KRBL, Kaveri Seed Co., and Guj. Ambuja Exp, while Good capital structure is observed at Nath Bio-Genes, and Average capital structure is present at Sukhjit Starch, GRM Overseas, Mangalam Global, Aelea, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is L T Foods at 111.87%, while the lowest is Guj. Ambuja Exp at -18.10%. Sukhjit Starch's 1-year return is -13.25%, which is higher than Guj. Ambuja Exp but lower than all other peers. Additionally, the six-month return is negative for Guj. Ambuja Exp, Sukhjit Starch, Mangalam Global, Aelea, Indo US Bio-Tech, and Tierra Agrotech.

Is Sukhjit Starch overvalued or undervalued?

As of May 30, 2025, Sukhjit Starch is considered very attractive and undervalued, with a PE ratio of 15.16, an EV to EBITDA of 7.48, and a Price to Book Value of 1.12, significantly lower than peers like Solar Industries and Godrej Industries, despite recent stock performance lagging behind the Sensex.

As of 30 May 2025, the valuation grade for Sukhjit Starch has moved from attractive to very attractive, indicating a significant improvement in its valuation outlook. The company is currently assessed as undervalued, supported by key ratios such as a PE ratio of 15.16, an EV to EBITDA of 7.48, and a Price to Book Value of 1.12. These metrics suggest that Sukhjit Starch is trading at a favorable valuation compared to its peers.<BR><BR>In comparison to its industry peers, Sukhjit Starch's PE ratio is notably lower than that of Solar Industries at 123.77 and Godrej Industries at 46.63, both categorized as very expensive. Additionally, Sukhjit Starch's EV to EBITDA of 7.48 is significantly more attractive than the industry average, reinforcing its undervalued status. While the company's recent stock performance has lagged behind the Sensex over various time frames, its long-term return of 248.63% over ten years highlights its potential for growth.

Who are in the management team of Sukhjit Starch?

As of March 2022, the management team of Sukhjit Starch includes K K Sardana (Managing Director), Aman Setia (Company Secretary), M G Sharma (CFO), and several independent directors, including Ranbir Singh Seehra and Vikas Uppal, among others, overseeing the company's operations and strategy.

As of March 2022, the management team of Sukhjit Starch includes the following individuals:<BR><BR>1. K K Sardana - Managing Director<BR>2. Aman Setia - Company Secretary & Compliance Officer<BR>3. M G Sharma - Director (Finance) & CFO<BR>4. Ranbir Singh Seehra - Independent Director<BR>5. Manjoo Sardana - Chairperson<BR>6. Vikas Uppal - Independent Director<BR>7. Shalini Chablani - Director<BR>8. Tarsem Singh Lally - Independent Director<BR>9. Saravjit Singh Hothi - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

How big is Sukhjit Starch?

As of 24th July, Sukhjit Starch & Chemicals Ltd has a market capitalization of 541.00 Cr, with recent net sales of 1497.95 Cr and a net profit of 39.95 Cr. The latest balance sheet shows shareholder's funds of 502.64 Cr and total assets of 1,021.70 Cr.

As of 24th July, Sukhjit Starch & Chemicals Ltd has a market capitalization of 541.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 1497.95 Cr and a Net Profit of 39.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 502.64 Cr and Total Assets of 1,021.70 Cr.

When is the next results date for Sukhjit Starch?

The next results date for Sukhjit Starch is 12 August 2025.

The next results date for Sukhjit Starch is scheduled for 12 August 2025.

Are Sukhjit Starch latest results good or bad?

Sukhjit Starch's latest results show mixed performance; while cash reserves and liquidity have improved, profitability has significantly declined with a 76.2% drop in Profit Before Tax and nearly 50% in Profit After Tax, raising concerns about sustainability. Overall, the results are challenging despite some positive indicators.

Sukhjit Starch's latest results present a mixed picture. On one hand, there are some positive indicators, such as a slight improvement in the financial score, an increase in cash and cash equivalents to Rs 15.88 crore, and a lower debt-equity ratio of 0.55, which suggests better liquidity and reduced borrowing.<BR><BR>However, the company has faced significant challenges in profitability. Profit Before Tax (PBT) has dropped by 76.2%, and Profit After Tax (PAT) decreased by nearly 50%. The operating profit to interest ratio has also declined, indicating a worsening ability to manage interest payments. Additionally, a large portion of the PBT is coming from non-operating income, which raises concerns about the sustainability of earnings.<BR><BR>While there was a slight growth in net sales and consolidated net profit compared to the previous quarter, the overall performance remains concerning due to the substantial declines in profitability metrics. Thus, while there are some signs of improvement, the overall results can be viewed as challenging.

Is Sukhjit Starch technically bullish or bearish?

As of November 7, 2025, the technical trend has shifted to a bearish stance with moderate strength, driven by bearish daily moving averages and indicators like Bollinger Bands and MACD, despite some mild bullishness in the weekly KST.

As of 7 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and both the Bollinger Bands and MACD on the monthly timeframe indicating bearish conditions. The weekly KST shows mild bullishness, but overall, the bearish signals dominate. Additionally, the stock has underperformed significantly compared to the Sensex over various periods, reinforcing the bearish outlook.

How has been the historical performance of Sukhjit Starch?

Sukhjit Starch's historical performance shows increased net sales from 1,375.35 Cr in Mar'24 to 1,497.95 Cr in Mar'25, but profitability metrics declined, with profit after tax falling from 49.96 Cr to 39.95 Cr due to rising raw material costs and total expenditures. Overall, while sales grew, challenges in cost management impacted profitability.

Answer:<BR>The historical performance of Sukhjit Starch shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Sukhjit Starch's net sales increased from 1,375.35 Cr in Mar'24 to 1,497.95 Cr in Mar'25, reflecting a positive growth trend. However, the total operating income also saw a rise, reaching 1,497.95 Cr in Mar'25, up from 1,375.35 Cr in the previous year. The raw material cost surged to 1,140.33 Cr in Mar'25 from 966.43 Cr in Mar'24, contributing to a total expenditure of 1,386.26 Cr, which was higher than the 1,247.33 Cr recorded in Mar'24. Consequently, the operating profit (PBDIT) decreased to 111.69 Cr in Mar'25 from 128.02 Cr in Mar'24. Profit before tax also declined to 53.95 Cr in Mar'25 from 69.86 Cr in Mar'24, leading to a profit after tax of 39.95 Cr, down from 49.96 Cr. The earnings per share (EPS) fell to 12.79 in Mar'25 from 15.99 in Mar'24. On the balance sheet, total assets increased to 1,030.02 Cr in Mar'25 from 1,021.70 Cr in Mar'24, while total liabilities slightly rose to 1,030.02 Cr from 1,021.70 Cr. The cash flow from operating activities decreased to 67.00 Cr in Mar'25 from 77.00 Cr in Mar'24, indicating a decline in cash generation capabilities. Overall, while Sukhjit Starch experienced growth in sales, profitability metrics showed a downward trend, reflecting challenges in managing costs and expenses.

Should I buy, sell or hold Sukhjit Starch & Chemicals Ltd?

Why is Sukhjit Starch & Chemicals Ltd falling/rising?

As of 18-Jan, Sukhjit Starch & Chemicals Ltd's stock is declining by 1.24% after two days of gains, underperforming its sector. The company has faced significant profit losses and low investor confidence, contributing to its overall poor performance.

As of 18-Jan, Sukhjit Starch & Chemicals Ltd's stock price is currently falling, evidenced by a change of -2.25, which represents a decline of 1.24%. This downward movement follows a trend reversal after two consecutive days of gains. Additionally, the stock has underperformed its sector by 0.8% today.<BR><BR>Despite a recent intraday high of Rs 187, the stock's overall performance has been concerning. Over the past year, it has generated a return of -27.50%, while its profits have significantly decreased by 57.8%. The company's ability to service its debt is also low, indicated by a high Debt to EBITDA ratio of 2.52 times. Furthermore, the company has reported negative results for the last four consecutive quarters, with a notable decline in operating profit of -24.91%.<BR><BR>Investor participation has also diminished, as seen in the delivery volume, which has decreased by 58.89% compared to the five-day average. This lack of investor confidence, combined with the company's poor long-term growth prospects and consistent underperformance against benchmarks, contributes to the stock's current decline.

Which are the latest news on Sukhjit Starch?