Why is Indian Sucrose Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.59% and Operating profit at 4.85% over the last 5 years
- NET SALES(Q) At Rs 50.96 cr has Fallen at -39.10%
- PBT LESS OI(Q) At Rs -6.00 cr has Fallen at -1975.00%
- PAT(Q) At Rs 0.36 cr has Fallen at -81.7%
2
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -19.47% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Sugar)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indian Sucrose for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Sucrose
-19.47%
-0.50
38.61%
Sensex
-9.29%
-0.69
13.52%
Quality key factors
Factor
Value
Sales Growth (5y)
1.59%
EBIT Growth (5y)
4.85%
EBIT to Interest (avg)
2.41
Debt to EBITDA (avg)
5.07
Net Debt to Equity (avg)
0.35
Sales to Capital Employed (avg)
1.22
Tax Ratio
28.63%
Dividend Payout Ratio
0
Pledged Shares
8.79%
Institutional Holding
0.03%
ROCE (avg)
12.61%
ROE (avg)
21.07%
Valuation Key Factors 
Factor
Value
P/E Ratio
3
Industry P/E
21
Price to Book Value
0.45
EV to EBIT
3.88
EV to EBITDA
3.21
EV to Capital Employed
0.59
EV to Sales
0.49
PEG Ratio
0.28
Dividend Yield
NA
ROCE (Latest)
16.92%
ROE (Latest)
14.29%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
Technical Movement
5What is working for the Company
ROCE(HY)
Highest at 17.24%
DEBT-EQUITY RATIO(HY)
Lowest at 0.66 times
PAT(9M)
Higher at Rs 45.39 Cr
-11What is not working for the Company
NET SALES(Q)
At Rs 50.96 cr has Fallen at -39.10%
PBT LESS OI(Q)
At Rs -6.00 cr has Fallen at -1975.00%
PAT(Q)
At Rs 0.36 cr has Fallen at -81.7%
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.17 times
NON-OPERATING INCOME(Q)
is 1,253.85 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Indian Sucrose
Debt-Equity Ratio - Half Yearly
Lowest at 0.66 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Indian Sucrose
Net Sales - Quarterly
At Rs 50.96 cr has Fallen at -39.10%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -6.00 cr has Fallen at -1975.00%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 0.36 cr has Fallen at -81.7%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 1,253.85 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 3.17 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 6.52 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






