Why is Indian Sucrose Ltd ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.03 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.03 times
2
Poor long term growth as Net Sales has grown by an annual rate of 6.21% over the last 5 years
3
The company has declared positive results in Dec'2025 after 2 consecutive negative quarters
- PAT(Latest six months) At Rs 3.06 cr has Grown at 828.57%
- PBT LESS OI(Q) At Rs 2.89 cr has Grown at 404.21%
- DEBT-EQUITY RATIO(HY) Lowest at 0.81 times
4
With ROCE of 13.4, it has a Very Attractive valuation with a 0.7 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -13.04%, its profits have risen by 19.1% ; the PEG ratio of the company is 0.2
5
Majority shareholders : Promoters
6
Below par performance in long term as well as near term
- Along with generating -13.04% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Indian Sucrose should be less than 10%
- Overall Portfolio exposure to Sugar should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Sugar)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Indian Sucrose for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indian Sucrose
-12.51%
-0.31
42.57%
Sensex
5.24%
0.46
11.95%
Quality key factors
Factor
Value
Sales Growth (5y)
6.21%
EBIT Growth (5y)
25.20%
EBIT to Interest (avg)
2.38
Debt to EBITDA (avg)
5.58
Net Debt to Equity (avg)
0.77
Sales to Capital Employed (avg)
1.25
Tax Ratio
27.16%
Dividend Payout Ratio
0
Pledged Shares
8.79%
Institutional Holding
0.03%
ROCE (avg)
11.67%
ROE (avg)
23.11%
Valuation Key Factors 
Factor
Value
P/E Ratio
3
Industry P/E
19
Price to Book Value
0.52
EV to EBIT
5.13
EV to EBITDA
4.38
EV to Capital Employed
0.73
EV to Sales
0.64
PEG Ratio
0.17
Dividend Yield
NA
ROCE (Latest)
13.35%
ROE (Latest)
16.03%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
Mildly Bullish
Technical Movement
18What is working for the Company
PAT(Latest six months)
At Rs 3.06 cr has Grown at 828.57%
PBT LESS OI(Q)
At Rs 2.89 cr has Grown at 404.21%
DEBT-EQUITY RATIO(HY)
Lowest at 0.81 times
NET SALES(Q)
At Rs 79.74 cr has Grown at 54.30%
-1What is not working for the Company
NON-OPERATING INCOME(Q)
is 60.84 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Indian Sucrose
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.89 cr has Grown at 404.21%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 6.73 cr has Grown at 135.3%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 79.74 cr has Grown at 54.30%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.81 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
Non Operating Income - Quarterly
is 60.84 % 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






