Sukhjit Starch & Chemicals Ltd
NSE: SUKHJITS BSE: 524542
Incorporated in 1943, The Sukhjit Starch & Chemicals Ltd is an Agro-Processing company that manufactures starch & its derivatives[1]
₹184
52W: ₹137 — ₹238
PE 37.6 · Book ₹184 · +0% vs bookMarket Cap₹575 Cr
Stock P/E37.6Price to Earnings
ROCE9.09%Return on Capital
ROE6.58%Return on Equity
Div. Yield0.53%Face Value ₹5
Strengths
- +Stock is trading at 1.00 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of 10.4% over last 3 years.
Shareholding Pattern
Promoters66.08%
FIIs0%
DIIs0%
Public33.91%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66.34% | 66.33%▼0.0 | 66.01%▼0.3 | 66.05%▲0.0 | 66.05% | 66.05% | 66.08%▲0.0 | 66.08% |
| FIIs | 0.07% | 0.06%▼0.0 | 0.01%▼0.0 | 0%▼0.0 | 0% | 0% | 0.02%▲0.0 | 0%▼0.0 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.6% | 33.62%▲0.0 | 33.97%▲0.4 | 33.94%▼0.0 | 33.95%▲0.0 | 33.96%▲0.0 | 33.9%▼0.1 | 33.91%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 320.28 | 360.61 | 367.79 | 389.83 | 363.87 | 373.35 | 359.14 | 367.2 | 312.68 | 343.86 |
| Expenses | 290.39 | 323.93 | 337.09 | 358.38 | 333.98 | 346.49 | 344.38 | 350.17 | 296.53 | 325.08 |
| Operating Profit | 29.89 | 36.68 | 30.7 | 31.45 | 29.89 | 26.86 | 14.76 | 17.03 | 16.15 | 18.78 |
| OPM % | 9.33% | 10.17% | 8.35% | 8.07% | 8.21% | 7.19% | 4.11% | 4.64% | 5.17% | 5.46% |
| Net Profit | 13.66 | 17.46 | 11.46 | 13.61 | 12.63 | 10.8 | 2.44 | 4.75 | 4.07 | 4.04 |
| EPS ₹ | 4.38 | 5.6 | 3.67 | 4.36 | 4.05 | 3.46 | 0.78 | 1.52 | 1.3 | 1.29 |
AI Insights
Revenue Trend
TTM revenue at ₹1,383Cr, down 6.9% YoY. OPM at 5%.
Debt Position
Borrowings at ₹396Cr. Debt-to-equity ratio: 0.71x. Moderate leverage.
Capex Cycle
CWIP at ₹20Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (-0.01pp change). Promoters hold 66.08%.
Margin & Efficiency
ROCE declining from 11% (Mar 2014) to 9% (Mar 2025). Working capital days: 29.
Valuation
PE 37.6x with 9.09% ROCE. Price is 0% above book value of ₹184. Dividend yield: 0.53%.
Recent Announcements
- Corporate Action-Board to consider Dividend 2d - Board meeting on 27 May 2026 to consider audited FY2026 results and dividend.
- Board Meeting Intimation for Inter-Alia,Considering The Audited Financial Results And Dividend 2d - Board meeting on 27 May 2026 to approve FY2026 audited results and consider dividend.
- Shutdown For Annual Maintenance 6 May - Rehana Jattan unit shuts from 15/05/2026 for 10 days; it contributes 35% capacity and 40% sales.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr - Company says it is not a Large Corporate; outstanding long-term borrowing was Rs 87.18 crore on 31 March 2026.
- Disclosure Under Regulation 31(4) Of SEBI (SAST) Regulation, 2011 7 Apr - Promoters disclosed no encumbrance on shares for FY2025-26, as of 31 March 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse