Rajshree Sugars & Chemicals Limited (RAJSREESUG) AI Stock Analysis

• Market Cap: ₹939.39M
• Dividend Yield: N/A
• Average Volume (3M): 5.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.56
• 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: 53 Neutral
• Price Target: ₹29.00 ▼(-13.95% Downside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is primarily supported by relatively strong cash flow generation within a mixed financial profile, but it is pulled down by weak technicals (price below key moving averages and negative MACD) and an unfavorable/less-informative valuation signal from a negative P/E with no dividend yield data.

Positive Factors

Consistent free cash flow generation

Sustained positive operating and free cash flow provides durable liquidity to fund working capital, maintenance capex and cane-season needs. Strong cash generation cushions cyclicality in sugar prices and supports reinvestment or deleveraging over the next several quarters.

Integrated sugarcane value chain

An integrated model spanning sugar, ethanol and cogenerated power captures margin across the value chain, spreads commodity risk, and enables operational flexibility. This structural positioning supports revenue diversification and operational resilience across sugar cycles over months.

Multiple by-product revenue streams (ethanol, power)

Ethanol production and bagasse-based cogeneration provide recurring, non-sugar revenue sources tied to fuel-blending and power markets. These by-products reduce reliance on sugar realizations and offer structurally steady cash conversion opportunities as ethanol and renewable power demand persists.

Negative Factors

Declining revenue trend

Material negative revenue growth reflects weakening top-line scale, which can erode operating leverage and compress margins. If volumes or realizations remain subdued, the company may face persistent pressure on absolute profitability and limited room for margin recovery over the next several quarters.

Volatile and weak profitability

Fluctuating net income and inconsistent revenue indicate earnings volatility and fragile margin sustainability. This undermines predictable cash available for reinvestment or debt service and complicates planning for capex or expansion over a multi-quarter horizon.

Moderate leverage and reliance on debt

Moderate leverage increases financial rigidity during commodity downturns and raises refinancing and interest-service risks. With cyclical revenue and profit volatility, elevated debt reliance can constrain capital allocation and limit strategic responsiveness over the coming quarters.

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

Overall financials are mixed: cash flow is a clear strength (consistent free cash flow and positive operating cash flow), while profitability and revenue stability are weaker (fluctuating net income, inconsistent revenue growth, and operational margin pressure). Balance sheet leverage is moderate with variable ROE.

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	5.13B	6.42B	7.64B	7.67B	4.68B	3.64B
Gross Profit	1.19B	995.36M	1.93B	1.99B	1.23B	1.01B
EBITDA	161.77M	505.03M	684.38M	591.25M	436.87M	377.62M
Net Income	-298.96M	80.91M	137.58M	-89.69M	-31.76M	-167.59M
Balance Sheet
Total Assets	6.51B	6.87B	8.06B	8.19B	9.38B	6.74B
Cash, Cash Equivalents and Short-Term Investments	101.06M	13.43M	49.73M	18.94M	25.36M	20.98M
Total Debt	3.35B	2.99B	3.93B	4.01B	4.27B	4.32B
Total Liabilities	4.08B	4.22B	5.41B	5.67B	6.77B	6.44B
Stockholders Equity	2.43B	2.64B	2.65B	2.51B	2.61B	305.14M
Cash Flow
Free Cash Flow	-202.99M	624.65M	343.87M	115.19M	231.37M	165.31M
Operating Cash Flow	-190.29M	669.70M	385.54M	155.44M	237.56M	178.72M
Investing Cash Flow	-12.70M	175.60M	-32.35M	467.32M	76.84M	189.12M
Financing Cash Flow	273.62M	-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: Negative
• 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 27.36, above the 50-day MA of 29.33, and below the 200-day MA of 38.41, indicating a neutral trend. The MACD of -0.56 indicates Negative momentum. The RSI at 46.26 is Neutral, neither overbought nor oversold. The STOCH value of 59.18 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	₹3.70B	19.63	―	―	8.41%	8.81%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
RAJSREESUG	53 Neutral	₹939.39M	-3.19	―	―	-27.56%	-734.03%
KOTARISUG	49 Neutral	₹1.96B	4.71	―	―	-39.31%	-110.49%
SAKHTISUG	45 Neutral	₹1.74B	-1.68	―	―	1.70%	-71.32%
VISHWARAJ	44 Neutral	₹1.07B	-5.57	―	2.88%	-3.45%	-858.71%
SVPGLOB	39 Underperform	₹335.23M	-0.22	―	―	-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.