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Ponni Sugars (Erode) Ltd

(PONNIERODE)

₹468.73.34%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹459.85
    ₹485.35
  • 52 Week's Low

    52 Week's High

    ₹363.25
    ₹598.9
1 Month Return-10.09 %
3 Month Return+ 7.17 %
1 Year Return+ 8.52 %
Previous Close₹484.90
Open₹484.90
Volume84.01K
Upper Circuit-
Lower Circuit-
Market Cap₹417.01Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹417.01 Cr
P/B Ratio0.63
EPS0
Dividend Yield0
SectorSugar
ROE9.33

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹417.01 Cr71.72%0.50NANA
NA₹16.41 Cr60.18%0.63NANA
SELL₹1,464.29 Cr12.33%0.74₹134 Cr₹2,168 Cr
NA₹176.50 Cr104.79%0.67NANA
NA₹979.99 Cr112.16%0.84₹103 Cr₹1,794 Cr

Company Information

Ponni Sugars Erode Limited was established in the year 1996, as an offspring of the Ponni Sugars and Chemicals Ltd (PSCL), under a demerger scheme sanctioned by the Honble High Court of Madras. It has a 1250 TCD capacity mill, with an expansion to 2500 TCD in 1994. The mill set a milestone as it declared its first dividend of 10 within a year of its commencement of operations, a record in sugar industry. The company setup a lift irrigation system to bring dry lands under sugarcane cultivation, which benefited both the farmers and companies. Also, a coal and multi fuel boiler was installed for efficient production of sugar. The company is one of the quality producers of sugar with a cordial employee relationship and believes in fair dealings with all its stakeholders with sound corporate governance.

Share Price: ₹468.70 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹417.01Cr as of today
Listing date: 16 Apr, 2002
Chairperson Name: N Gopala Ratnam
OrganisationPonni Sugars (Erode) Ltd
Headquarters
IndustrySugar
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Key events for Ponni Sugars (Erode) Ltd

  • Mixed Returns for Sugar Stocks, Ponni Sugars (Erode) Yielded Single-Digit Returns - 11 Jul, 2024

    Sugar stocks like Bajaj Hindustan Sugar, EID Parry, KCP Sugar Industries Corporation and Simbhaoli Sugar delivered double-digit returns between 12% and 16%. However, Ponni Sugars (Erode), along with other sugar stocks such as Balrampur Chini Mills, Rana Sugars, Ugar Sugar, and Triveni Engineering Industries yielded single-digit returns. Piccadily Sugar, Ravalgaon Sugar, and Uttam Sugar Mills saw their prices erode by up to 17%.

  • DII Buys Stake in Ponni Sugars (Erode) Ltd, Stock Jumps 3% - 20 Jun, 2024

    Rational Equity Flagship Fund I bought a 0.65% stake in Ponni Sugars (Erode) Ltd for Rs 2.77 crores via open market transactions. The stock has delivered around 25% returns to shareholders in six months. The company operates a sugar mill at Erode, Tamil Nadu with an installed capacity to crush 3500 tons of sugarcane per day and generates 19 MW of power.

Insights on Ponni Sugars (Erode) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 42.36% to 47.26% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.96% to 39.15% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PONNIERODE has outperformed top 5 stocks with highest market-cap in Food Processing

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Patanjali Foods Ltd has given 49.8% return, outperforming this stock by 41.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.15% to 12.89% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, PONNIERODE stock has moved down by -5.5%

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹393.23Cr (-)₹434.82Cr (↑10.58%)₹514.51Cr (↑18.33%)₹604.74Cr (↑17.54%)
Total Liabilities₹66.82Cr (-)₹66.34Cr (↓0.72%)₹61.62Cr (↓7.11%)₹52.82Cr (↓14.28%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹15.61Cr (-)₹28.76Cr (↑84.24%)₹10.88Cr (↓62.17%)₹11.37Cr (↑4.50%)₹16.08Cr (↑41.42%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
47.26%
11.56
Foreign Institutions
12.89%
-32.65
Mutual Funds
0.05%
0.00
Retail Investors
39.15%
12.01
Others
0.65%
-81.50

Key Indicators

Details20202021202220232024
Return On Equity %11.468.948.429.349.33

Earnings and Dividends

  • Ponni Sugars (Erode) Ltd Earnings Results

    Ponni Sugars (Erode) Ltd’s net profit fell -87.84% since last year same period to ₹0.81Cr in the Q1 2024-2025. On a quarterly growth basis, Ponni Sugars (Erode) Ltd has generated -94.03% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Ponni Sugars (Erode) Ltd Dividends April,2024

    In the quarter ending March 2024, Ponni Sugars (Erode) Ltd has declared dividend of ₹7 - translating a dividend yield of 2.88%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Ponni Sugars (Erode) Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Ponni Sugars (Erode) Ltd (PONNIERODE) share price today is ₹468.7

Ponni Sugars (Erode) Ltd is listed on NSE

Ponni Sugars (Erode) Ltd is listed on BSE

  • Today’s highest price of Ponni Sugars (Erode) Ltd is ₹485.35.
  • Today’s lowest price of Ponni Sugars (Erode) Ltd is ₹459.85.

Today’s traded volume of Ponni Sugars (Erode) Ltd(PONNIERODE) is 84.01K.

Today’s market capitalisation of Ponni Sugars (Erode) Ltd(PONNIERODE) is ₹417.01Cr.

Ponni Sugars (Erode) Ltd(PONNIERODEPrice
52 Week High
₹598.9
52 Week Low
₹363.25

Ponni Sugars (Erode) Ltd(PONNIERODE) share price is ₹468.7. It is down -21.74% from its 52 Week High price of ₹598.9

Ponni Sugars (Erode) Ltd(PONNIERODE) share price is ₹468.7. It is up 29.03% from its 52 Week Low price of ₹363.25

Ponni Sugars (Erode) Ltd(PONNIERODEReturns
1 Day Returns
-16.2%
1 Month Returns
-10.09%
3 Month Returns
7.17%
1 Year Returns
8.52%