Rajshree Sugars & Chemicals Limited (RAJSREESUG) AI Stock Analysis

• Market Cap: ₹865.83M
• Dividend Yield: N/A
• Average Volume (3M): 5.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.81
• Revenue Growth: -27.56%
• EPS Growth: -734.03%
• Country: IN
• Employees: 989
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): -2.77
• Shares Outstanding: 33,135,605
• 10 Day Avg. Volume: 5,041
• 30 Day Avg. Volume: 5,762
• PEG Ratio: -0.39
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 2.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹28.00 ▼(-16.91% Downside)
• Action: Reiterated Date: 02/21/26
• Date: Action: Reiterated 02/21/26

The score is held back primarily by weak technicals (price below all major DMAs with negative MACD and low RSI/Stoch). Financials are mixed but supported by relatively strong cash flow generation, while valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Integrated sugar-ethanol-cogeneration model

A vertically integrated model captures value across sugar, molasses-to-ethanol and bagasse-based power. This diversification reduces reliance on a single commodity price, allows multiple revenue streams, and supports long-term margin resilience when cane availability and policy support remain stable.

Consistent free cash flow generation

Sustained positive operating and free cash flow provides durable liquidity to fund working capital through seasonal cycles, service debt, and invest in cogeneration or ethanol capacity. Strong cash generation is a structural cushion through commodity cycles and supports financial flexibility over months.

Healthy gross profit margins

Relatively healthy gross margins indicate efficient processing and cost control at the core sugar business. That underlying operational efficiency offers a persistent buffer against commodity volatility and helps preserve operating cash flow even when net income swings.

Negative Factors

Declining revenue trend

Material year-over-year revenue decline reduces scale economics and can pressure margins and cash conversion. If revenue contraction persists, the company faces tougher profitability recovery, reduced bargaining power with suppliers, and constrained reinvestment capacity over the medium term.

Severely negative EPS growth

Large negative EPS growth reflects volatile or materially reduced profitability, eroding retained earnings and shareholder returns. Persistent earnings deterioration undermines the firm’s ability to self-fund capex, meet covenants, and absorb commodity or regulatory shocks over several quarters.

Moderate leverage and debt reliance

Dependence on debt financing raises refinancing and interest-rate risk, especially across cyclical sugar seasons. Moderate leverage limits strategic flexibility to expand ethanol or power projects and increases vulnerability to cash-flow volatility and tighter credit conditions over the medium term.

Rajshree Sugars & Chemicals Limited Business Overview & Revenue Model

Company Description

Rajshree Sugars and Chemicals Limited engages in the sugar, power, distillery, and biotechnology businesses in India. The company operates through three segments: Sugar, Cogeneration, and Distillery. It provides white crystal sugar, demerara sugar, white sugar sachets, and demerara sugar sachets. The company also offers distillery products, such as rectified spirit, anhydrous alcohol, and extra neutral alcohol; and organic manure. In addition, it generates power through cogeneration plants. The company was incorporated in 1985 and is based in Coimbatore, India.

How the Company Makes Money

Rajshree Sugars & Chemicals Limited generates revenue primarily through the sale of sugar, which constitutes its core business. The company produces different types of sugar, including white sugar and raw sugar, which are sold to wholesalers, retailers, and industrial customers. In addition to sugar, significant revenue is derived from by-products such as molasses, which is utilized in the production of alcoholic beverages and animal feed. The ethanol segment also contributes to the revenue stream, as the company supplies ethanol for both industrial and fuel applications, capitalizing on government mandates for biofuels. Moreover, Rajshree Sugars earns from power generation through its co-generation facilities, selling surplus electricity to the grid. Strategic partnerships with suppliers and distributors further enhance its market reach and efficiency, ultimately driving profitability.

Rajshree Sugars & Chemicals Limited Financial Statement Overview

Summary

Mixed fundamentals: cash flow strength (Cash Flow Score 70) supports liquidity, but income statement profitability and revenue consistency are weaker (Income Statement Score 55) and leverage is moderate (Balance Sheet Score 60).

Income Statement

Rajshree Sugars & Chemicals Limited demonstrates mixed performance in its income statement metrics. Gross profit margins have been healthy, but net income has fluctuated, showing modest profitability concerns. Revenue growth has been inconsistent, with declines noted in recent periods. The EBIT and EBITDA margins suggest operational efficiency challenges.

Balance Sheet

The company's balance sheet indicates moderate leverage with a debt-to-equity ratio that suggests reliance on debt financing. However, the equity ratio is relatively stable, indicating a decent proportion of equity financing. Return on equity has been variable, reflecting the company's uneven profitability.

Cash Flow

The cash flow situation is relatively strong, with consistent free cash flow generation and positive operating cash flow. The company has shown an ability to generate cash relative to net income, which is a positive sign for liquidity and operational cash generation.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Jun 2021
Income Statement
Total Revenue	5.43B	6.42B	7.64B	7.67B	4.68B	3.64B
Gross Profit	1.27B	995.36M	1.93B	1.99B	1.23B	1.01B
EBITDA	245.25M	505.03M	684.38M	591.25M	436.87M	377.62M
Net Income	-119.91M	80.91M	137.58M	-89.69M	-31.76M	-167.59M
Balance Sheet
Total Assets	0.00	6.87B	8.06B	8.19B	9.38B	6.74B
Cash, Cash Equivalents and Short-Term Investments	13.39M	13.43M	49.73M	18.94M	25.36M	20.98M
Total Debt	0.00	2.99B	3.93B	4.01B	4.27B	4.32B
Total Liabilities	-2.64B	4.22B	5.41B	5.67B	6.77B	6.44B
Stockholders Equity	2.64B	2.64B	2.65B	2.51B	2.61B	305.14M
Cash Flow
Free Cash Flow	0.00	624.65M	343.87M	115.19M	231.37M	165.31M
Operating Cash Flow	0.00	669.70M	385.54M	155.44M	237.56M	178.72M
Investing Cash Flow	0.00	175.60M	-32.35M	467.32M	76.84M	189.12M
Financing Cash Flow	0.00	-881.65M	-322.41M	-629.18M	-310.03M	-397.57M

Rajshree Sugars & Chemicals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 33.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RAJSREESUG, the sentiment is Negative. The current price of 33.7 is above the 20-day moving average (MA) of 28.49, above the 50-day MA of 31.04, and below the 200-day MA of 39.68, indicating a bearish trend. The MACD of -1.38 indicates Positive momentum. The RSI at 35.17 is Neutral, neither overbought nor oversold. The STOCH value of 44.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RAJSREESUG.

Rajshree Sugars & Chemicals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANOMAY	69 Neutral	₹3.96B	22.05	―	―	8.41%	8.81%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SAKHTISUG	56 Neutral	₹1.85B	11.73	―	―	1.70%	-71.32%
RAJSREESUG	52 Neutral	₹865.83M	-4.64	―	―	-27.56%	-734.03%
KOTARISUG	49 Neutral	₹1.98B	37.48	―	―	-39.31%	-110.49%
VISHWARAJ	45 Neutral	₹1.21B	-3.41	―	2.88%	-3.45%	-858.71%
SVPGLOB	39 Underperform	₹371.91M	-0.04	―	―	-85.84%	-93.11%

Rajshree Sugars & Chemicals Limited Corporate Events

Rajshree Sugars & Chemicals Reports November 2025 Operational Data

Rajshree Sugars & Chemicals Limited released its operational data for November 2025, highlighting sugar sales of 1,665 MTs for the month and 2,161 MTs up to November. Additionally, the company reported molasses sales of 519 MTs for November and 1,091 MTs up to November. The data reflects the company’s ongoing operations in sugar production and sales, as well as its engagement in molasses and power cogeneration, which are integral to its business model.