Sakthi Sugars Ltd
SAKH

Sakthi Sugars Ltd (SAKHTISUG)

₹16.1--

Key Stats

₹16.05
Day's Price Range
₹16.55
₹13.3
52-Week Price Range
₹21.6
1 Month Return-2.43 %
3 Month Return-2.13 %
1 Year Return-5.85 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 20
2.41
EPS
Rank 166
₹6.66
BVPS
Rank 336
₹21.74
Dividend Yield
Rank 185
ROE
Rank 592
Price To Book Ratio
Rank 57
0.74
Debt To Asset
Rank 80
0.88

Company Information

Sakthi Sugars is into the business of Sugar and industrial alcohol and Soya products. It is being spearheaded by M.Manickam Vice Chairman and Managing Director and he is also the son of Dr. N Mahalingam who is the Chairman of Sakthi Sugars. The company has 3 units with crushing capacities of 6000 TCD4000 TCD and 2500 TCD respectively.SSL took over a 1250tcd sugar unit on a 10year management contract basis from the Badamba Cooperative Sugar Industries in 1991 with an option to extend the contract for a further period of 10 years. It has also established a modern sugar unit with a crushing capacity of 2500 tcd which commenced operations during 199495. Apart from the four sugar units Sakthi Sugars has two distilleries and a foundry. The capacity of the foundry was expanded to 24000 tpa. The company entered into technical collaboration with George Fischer Foundry Switzerland to supply stateoftheart manufacturing technology. Sakthi Soyas a group company was merged into SSL with effect from 1st Apr.93. The unit has an installed capacity of 100000 tpa to produce refined oil deoiled cake fullfat soya meal soya flour flakes and texturised vegetable protein. SSL has installed a new unit at Haripur for industrial alcohol with an installed capacity of 10000 KL pa. During 1997 the new disamatic foundry wing commenced its production with SG Iron Casting and Graded Iron Casting with a annual capacity of 2600 MT and 1000 MT p.a. The capacities of both the products was increased 14400 MT and 9600 MT p.a respectively. As a restructuring measure the company has hived off its foundry division to wholly owned subsidiary viz Sakhti Auto Components Ltd from April2000.The crushing capacity of Sakthi Nagar Unit was increased 6000 TPD in October 1998.The company has taken up implementation of cogeneration project at Sakthinagar Sugar Unit. The installed capacity of the proposed cogeneration plant is 35 MW. The Cogeneration project could not be started off as per schedule and the same is expected to be commissioned in October2003. An incidental 2 MW cogeneration at Sivaganga Sugar unit has commenced its operations from April2002. The process for setting up a beverage project with Hindustan CocaCola Beverages is complete and the plant is ready for operation. Necessary permission from the State Government is expected to commence commercial production. It has entered into JV with TNPL under which the bagasse produced by the company will be exchanged for steam required for operation of the mill and the boilers at Sakthinagar.The Sakthinagar Distillery Division has intalled Ethanol plant with an annual capacity of 50000 ltrs per day and trial production commenced on June2003 and supply of ethanol to oil companies is expected to commence shortly.
OrganisationSakthi Sugars Ltd
HeadquartersErode
IndustrySugar