Why is Shakarganj Ltd. ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 14.70 times
2
Negative results in Mar 25
- NET SALES(Q) At PKR 5,395.12 has Fallen at -42.18%
- ROCE(HY) Lowest at -44.36%
- RAW MATERIAL COST(Y) Grown by 513.99% (YoY)
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 0%, its profits have fallen by -34.2%
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 FMCG)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Shakarganj Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Shakarganj Ltd.
97.18%
1.41
73.17%
Pakistan KSE 100 Share
26.26%
2.81
22.77%
Quality key factors
Factor
Value
Sales Growth (5y)
-9.83%
EBIT Growth (5y)
-189.46%
EBIT to Interest (avg)
-1.42
Debt to EBITDA (avg)
14.70
Net Debt to Equity (avg)
0.23
Sales to Capital Employed (avg)
2.25
Tax Ratio
12.33%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.50%
ROE (avg)
0.45%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.76
EV to EBIT
-2.83
EV to EBITDA
-4.32
EV to Capital Employed
1.63
EV to Sales
0.63
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-57.49%
ROE (Latest)
-69.27%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PKR 451.2 MM
NET PROFIT(HY)
Higher at PKR -1,360.33 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 12.93 %
DEBTORS TURNOVER RATIO(HY)
Highest at 132.68 times
-8What is not working for the Company
NET SALES(9M)
At PKR 7,898.47 MM has Grown at -29.99%
ROCE(HY)
Lowest at -45.68%
RAW MATERIAL COST(Y)
Grown by 156.96% (YoY
CASH AND EQV(HY)
Lowest at PKR 149.45 MM
INVENTORY TURNOVER RATIO(HY)
Lowest at 6.45 times
Here's what is working for Shakarganj Ltd.
Operating Cash Flow
Highest at PKR 451.2 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PKR MM)
Net Profit
Higher at PKR -1,360.33 MM
than preceding 12 month period ended Dec 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (PKR MM)
Debt-Equity Ratio
Lowest at 12.93 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 132.68 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Depreciation
Highest at PKR 294.09 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (PKR MM)
Here's what is not working for Shakarganj Ltd.
Net Sales
At PKR 7,898.47 MM has Grown at -29.99%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (PKR MM)
Cash and Eqv
Lowest at PKR 149.45 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Inventory Turnover Ratio
Lowest at 6.45 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Raw Material Cost
Grown by 156.96% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






