Rajshree Sugars & Chemicals Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2018 • Sugar: 77.1% • Distillery: 18.1% • Cogen: 4.8%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Company has delivered good profit growth of 36.9% CAGR over last 5 years
- Operating margins have improved to 17.3% from 1.3%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 9.49x)
- Working capital cycle has improved - days down from -53 to -86
- Company generates healthy free cash flow
CONS
- Company has a high debt-to-equity of 3.49x
- A large part of profit comes from other income (526.6% of PBT)
- Company has a low return on equity of -76.2% over last 3 years
- Company has a low return on capital employed of 10.8%
- Interest coverage is weak at 1.2x - earnings barely cover interest
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BALRAMCHIN | 692.55 | 39.50 | 14654.18 | 0.51 | 44.15 | -14.40 | 1636.79 | 6.13 | 9.29 | 7.36 |
| EIDPARRY | 720.25 | 27.57 | 12817.26 | 0.00 | 311.50 | -32.93 | 9017.52 | 3.37 | 23.60 | 8.33 |
| TRIVENI | 255.60 | 20.04 | 5632.48 | 1.08 | 3.65 | 73.81 | 1950.14 | -0.22 | 8.92 | 2.94 |
| RENUKA | 24.87 | 0.00 | 5293.55 | 0.00 | -251.50 | 4.59 | 2120.20 | 5.61 | -3.84 | -3.60 |
| BAJAJHIND | 20.95 | 43.28 | 5008.45 | 0.00 | -1847.00 | -961.49 | 11259.70 | 801.92 | 2.86 | -10.64 |
| BANARISUG | 3542.25 | 36.48 | 4441.88 | 0.35 | -10.92 | -171.57 | 172.45 | -58.81 | 9.33 | -3.00 |
| DALMIASUG | 417.25 | 14.27 | 3377.19 | 1.44 | 6.91 | — | 848.19 | -16.48 | 8.38 | 5.10 |
| AVADHSUGAR | 771.95 | 23.43 | 1545.32 | 1.30 | 0.23 | 102.78 | 779.25 | 8.74 | 6.50 | 4.68 |
| GODAVARIB | 235.20 | 5349.60 | 1203.66 | 0.00 | -19.32 | -20.62 | 557.88 | 4.62 | 5.79 | 0.09 |
| UTTAMSUGAR | 280.65 | 12.31 | 1070.35 | 0.89 | 1.30 | -91.05 | 606.37 | -3.56 | 11.62 | 4.32 |
| DHAMPURSUG | 163.65 | 14.97 | 1052.38 | 1.22 | 60.90 | 6592.31 | 7861.70 | 961.42 | 6.63 | 3.98 |
| RAJSREESUG | 32.81 | 4.10 | 108.72 | 0.00 | -233.30 | -1549.70 | 1532.25 | 987.25 | 2.84 | -9.14 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
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Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| 738 | 836 | 951 | 923 | 711 | 713 | 667 | 552 | |
| 671 | 734 | 828 | 860 | 708 | 673 | 529 | 518 | |
| Operating Profit | 67 | 102 | 123 | 64 | 3 | 40 | 138 | 34 |
| OPM % | 9.09% | 12.22% | 12.93% | 6.88% | 0.37% | 5.58% | 20.68% | 6.16% |
| -23 | -7 | 4 | 4 | 7 | 32 | 6 | 63 | |
| Interest | 57 | 67 | 85 | 79 | 72 | 72 | 72 | 60 |
| Depreciation | 25 | 28 | 37 | 38 | 32 | 28 | 26 | 25 |
| Profit before Tax | -38 | 0 | 5 | -50 | -95 | -28 | 45 | 12 |
| Tax % | 10.82% | 132.93% | -13.76% | 30.90% | 30.70% | 30.90% | 34.93% | -120.28% |
| Net Profit | -34 | -0 | 6 | -34 | -66 | -19 | 29 | 27 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.56% | 0.00% |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- -10%
- 3 Years:
- -8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 37%
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -4%
- 5 Years:
- 4%
- 3 Years:
- -15%
- 1 Year:
- -21%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- -80%
- 3 Years:
- -76%
- Last Year:
- 23%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 24 | 25 | 28 | 28 |
| 88 | 88 | 93 | 59 | -10 | -27 | 76 | 103 | |
| 447 | 548 | 537 | 687 | 659 | 653 | 496 | 368 | |
| Trade Payables | 81 | 91 | 134 | 192 | 197 | 124 | 172 | 128 |
| 168 | 215 | 267 | 151 | 103 | 165 | 340 | 125 | |
| Total Liabilities | 808 | 966 | 1,055 | 1,113 | 973 | 940 | 1,112 | 752 |
| 481 | 504 | 636 | 621 | 588 | 562 | 551 | 528 | |
| Capital Work in Progress | 27 | 139 | 15 | 3 | 2 | 2 | 2 | 2 |
| 171 | 177 | 292 | 328 | 286 | 275 | 313 | 140 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 19 | 12 | 10 | 92 | 5 | 3 | 57 | 3 |
| 110 | 134 | 103 | 70 | 92 | 98 | 190 | 80 | |
| Total Assets | 808 | 966 | 1,055 | 1,113 | 973 | 940 | 1,112 | 752 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| 99 | 137 | 138 | 20 | 12 | -13 | 204 | 140 | |
| Cash from Investing | -42 | -163 | -51 | -10 | 2 | -0 | 1 | 32 |
| Cash from Financing | -45 | 34 | -87 | 71 | -100 | -16 | -151 | -215 |
| -14 | -7 | -2 | 82 | -86 | -2 | 55 | -54 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-07 - Operational data of our sugar factories for the month of August 2026
2026-08-14 - Rajshree Sugars & Chemicals Limited has informed the Exchange about Credit Rating- Revision
2026-08-07 - Operational data of our sugar factories for the month of July 2026
2026-07-23 - Rajshree Sugars & Chemicals Limited has informed the Exchange regarding Appointment of Mr R. Varadarajan as Executive Director of the company w.e.f. Jun 05, 2026.
2026-07-23 - Rajshree Sugars & Chemicals Limited has informed the Exchange regarding Change in Auditors of the company.
2026-07-23 - Appointment of Statutory Auditors and Re-appointment of Mr. R. Varadarajan as Director and Wholetime Director.
2026-07-23 - The Company has submitted the voting results of the 40th Annual General Meeting held on 23rd July 2026 along with the Scrutinizer's report
2026-07-23 - Proceedings of the 40th Annual General Meeting held on 23rd July 2026
2026-07-22 - Submission of a copy of the newspaper publication of the unaudited financial results for the quarter ended 30th June 2026
News
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