Sukhjit Starch

Why is Sukhjit Starch & Chemicals Ltd falling/rising?

As of 13-Aug, the stock price of Sukhjit Starch & Chemicals Ltd is currently at 162.20, reflecting a slight increase despite recent underperformance compared to the sector. The stock has shown mixed results, with a short-term rise in price and trading volume, but it remains below its longer-term moving averages.

As of 13-Aug, the stock price of Sukhjit Starch & Chemicals Ltd is rising, currently at 162.20, reflecting an increase of 0.7 (0.43%). This upward movement occurs despite the stock's recent underperformance compared to the sector, where it has lagged by 2.87%. <BR><BR>In the context of broader market performance, the stock has shown mixed results over various periods. For instance, over the past week, it has gained 0.68% while the Sensex has declined by 1.11%. However, on a longer-term basis, the stock has experienced a decline of 12.61% year-to-date, contrasting with the Sensex's drop of 8.38%. <BR><BR>Today's trading activity indicates a rise in investor participation, with a delivery volume of 6.51k on August 12, which is up by 9.73% compared to the 5-day average. This increase in trading volume could be contributing to the stock's current price rise. Additionally, while the stock is above its 5-day moving averages, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while there is some short-term momentum, it has not yet regained its longer-term strength.<BR><BR>Overall, the combination of a slight price increase today, increased trading volume, and relative outperformance against the Sensex in the past week are factors contributing to the current rise in Sukhjit Starch & Chemicals Ltd's stock price.

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

Which are the latest news on Sukhjit Starch?

Are Sukhjit Starch & Chemicals Ltd latest results good or bad?

Sukhjit Starch & Chemicals Ltd's latest results show strong year-on-year net profit growth of 142.51% and improved operating margins, but concerns arise from a 1.50% sequential sales decline and a 16.72% drop in net profit compared to the last quarter, indicating potential operational challenges. Investors should approach with caution due to these mixed signals.

Sukhjit Starch & Chemicals Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year net profit growth of 142.51%, reaching ₹12.15 crores, which is a strong recovery from the previous year's ₹5.01 crores. Additionally, the operating margin improved to 7.62%, the highest in recent quarters, indicating better cost management.<BR><BR>However, there are notable concerns. The net sales grew only 7.18% year-on-year but saw a sequential decline of 1.50% from the previous quarter, suggesting a potential softening in demand. Furthermore, the net profit decreased by 16.72% compared to the last quarter, highlighting volatility in earnings.<BR><BR>Longer-term trends are also troubling, with a five-year EBIT growth of just 2.46% annually, significantly lagging behind the 15.44% sales growth. The return on capital employed (ROCE) has deteriorated to 5.86%, down from an average of 12.36%, indicating challenges in generating adequate returns on capital.<BR><BR>In summary, while there are positive aspects such as profit growth and improved margins, the sequential declines in sales and profit, along with deteriorating return metrics, suggest that the company is facing significant operational challenges. Investors may want to approach with caution, considering these mixed signals.

How big is Sukhjit Starch?

As of 10th June, Sukhjit Starch & Chemicals Ltd has a market capitalization of 528.00 Cr, with recent net sales of 1432.43 Cr and a net profit of 27.03 Cr.

As of 10th June, Sukhjit Starch & Chemicals Ltd has a market capitalization of 528.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1432.43 Cr and a Net Profit of 27.03 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 543.08 Cr and Total Assets of 1,030.02 Cr.

Who are in the management team of Sukhjit Starch?

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. They are responsible for the company's strategic direction and regulatory compliance.

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 plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulations.

Who are the peers of the Sukhjit Starch?

Sukhjit Starch's peers include Bombay Super Hyb, Regaal Resources, Mangalam Global, Modi Naturals, Sarveshwar Foods, Sayaji Industr, Nath Bio-Genes, and KN Agri Resource. In terms of performance, Mangalam Global leads with a 25.92% return, while Sukhjit Starch has a -13.38% return, better than Sarveshwar Foods at -54.78%.

Peers: The peers of Sukhjit Starch are Bombay Super Hyb, Regaal Resources, Mangalam Global, Modi Naturals, Sarveshwar Foods, Sayaji Industr, Nath Bio-Genes, and KN Agri Resource.<BR><BR>Quality Snapshot: Excellent management risk is observed at Regaal Resources, while Average management risk is found at Bombay Super Hyb, Modi Naturals, Sarveshwar Foods, and Sukhjit Starch, and the rest. Below Average management risk is noted for Mangalam Global, Sayaji Industr, Nath Bio-Genes, and KN Agri Resource, and the rest. Growth is Excellent at Regaal Resources and Mangalam Global, Good at Modi Naturals and Sarveshwar Foods, Average at Bombay Super Hyb and Sukhjit Starch, and Below Average at Sayaji Industr, Nath Bio-Genes, and KN Agri Resource, and the rest. Capital Structure is Good at Nath Bio-Genes and KN Agri Resource, Below Average at Regaal Resources, Mangalam Global, Modi Naturals, Sarveshwar Foods, and Sukhjit Starch, and Average at Bombay Super Hyb.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mangalam Global at 25.92%, while the peer with the lowest is Sarveshwar Foods at -54.78%. Sukhjit Starch's own 1-year return is -13.38%, which is better than Sarveshwar Foods but worse than Mangalam Global. Additionally, Sarveshwar Foods and Modi Naturals have negative six-month returns.

What does Sukhjit Starch do?

Sukhjit Starch & Chemicals Ltd manufactures maize starch and related products, operating as a Micro Cap company. As of March 2026, it reported net sales of ₹402 Cr and a net profit of ₹15 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 has expanded its operations over the years, including the commissioning of a liquid glucose plant in 1967 and a dextrose monohydrate facility in 1982. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 402 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 15 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 528 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 19.00<BR>- Industry P/E: 42<BR>- Dividend Yield: 0.59%<BR>- Debt Equity: 0.45<BR>- Return on Equity: 4.76%<BR>- Price to Book: 0.93<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

When is the next results date for Sukhjit Starch & Chemicals Ltd?

The next results date for Sukhjit Starch & Chemicals Ltd is 12 February 2026.

The next results date for Sukhjit Starch & Chemicals Ltd is scheduled for 12 February 2026.

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.

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.

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 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 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.