Sakuma Exports Limited (SAKUMA) AI Stock Analysis

• Market Cap: ₹2.41B
• Dividend Yield: 0.46%
• Average Volume (3M): 275.78K
• Price to Earnings (P/E): 137.7
• Beta (1Y): 0.30
• Revenue Growth: -22.06%
• EPS Growth: -79.52%
• Country: IN
• Employees: 62
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): <0.01
• Shares Outstanding: 1,567,718,600
• 10 Day Avg. Volume: 196,342
• 30 Day Avg. Volume: 275,781
• PEG Ratio: -0.37
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.18
• P/FCF Ratio: -1.94
• 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: 46 Neutral
• Price Target: ₹1.50 ▼(-30.56% Downside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is held down primarily by weak profitability trends and negative operating/free cash flow, which raise liquidity and execution risk. Technicals also remain bearish with price below key moving averages and a negative MACD. Valuation adds pressure with a relatively high P/E and no dividend yield provided.

Positive Factors

Healthy equity base and manageable debt

A relatively healthy equity base and a manageable debt-to-equity ratio provide durable financial flexibility. This supports ongoing cane procurement, maintenance of processing capacity and reduces near-term refinancing pressure, improving resilience across seasonal sugar cycles.

Multiple revenue streams from sugar and by-products

Having core sugar sales plus by-product streams (molasses, bagasse) diversifies cash generation within the agro-processing value chain. This structural mix cushions commodity price swings and supports recovery of processing costs across harvest cycles.

Low equity volatility (beta ~0.30)

A low historical beta indicates the stock has exhibited lower market sensitivity. For stakeholders, this suggests more predictable equity-level risk and may reflect steadier operational exposure to cyclical swings, aiding planning and risk management over months.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow undermines the company's ability to self-fund working capital, capex and debt servicing. Over a multi-month horizon this raises liquidity and execution risk, potentially forcing external financing or curtailing investments.

Declining profitability and margins

Material margin erosion and a sharp net income decline signal weakening operational efficiency or adverse input/realization dynamics. Sustained margin pressure reduces reinvestment capacity and competitiveness, threatening long-term profitability unless costs or pricing improve.

Weak revenue and EPS growth trends

Negative top-line and severe EPS contraction point to demand, production or pricing challenges. Over a medium-term horizon, weak growth constrains scale benefits and makes it harder to rebuild margins and cash flows, increasing strategic and financing pressure.

Sakuma Exports Limited Business Overview & Revenue Model

Company Description

Sakuma Exports Limited engages in the trading of agro commodities in India. The company act as a buyer, processor, marketer, exporter, and importer of agricultural commodities, such as sugar and by-products; sesame seeds, groundnut kernels, sunflower seeds, safflower seeds, etc.; rice, wheat, corn, barley, millet, and sorghum; pulses and beans; coriander seeds, cumin seeds, turmeric, kalonji, fenugreek seeds, fennel, ajwain, nutmeg, mustard, cardamom, black pepper, dill seeds, ginger, various grounded spices, and curry powder; animal feed products, such as de-oiled cakes including soya bean meal, rapeseed meal, ground nut meal, castor meal etc.; and cotton. It also offers financial structured products that are linked to physical commodities. The company also exports its products to the Middle East, South and South East Asia, the Far East, Australia, Europe, and Africa. Sakuma Exports Limited was founded in 1998 and is based in Mumbai, India.

How the Company Makes Money

SAKUMA primarily makes money by selling sugar produced from sugarcane processing. Revenue is generated through (1) domestic and/or export sales of sugar (the main product), and (2) sales of by-products from the sugar manufacturing process (e.g., molasses, bagasse, and other process-linked outputs) where applicable. The company’s earnings are typically influenced by sugar realizations (market prices), production volumes, the recovery rate from cane to sugar, and regulatory/industry factors that affect cane procurement costs and sugar pricing. Specific details on segment-wise revenue mix, customer concentration, or named partnerships are null.

Sakuma Exports Limited Financial Statement Overview

Summary

Mixed fundamentals: profitability and margins weakened with a sharp net income drop and declining EBIT/EBITDA margins, while the balance sheet remains relatively stable with a healthy equity base despite rising liabilities. Cash flow is a key concern due to negative operating and free cash flow, indicating potential liquidity and cash-conversion issues.

Income Statement

Sakuma Exports Limited has shown a mixed performance in its income statement. The company experienced a significant drop in net income from 2024 to 2025, impacting the net profit margin negatively. The revenue growth rate was stable from 2024 to 2025, but the gross profit margin saw a decline, indicating potential cost management issues. Additionally, the EBIT and EBITDA margins have also decreased, reflecting reduced operational efficiency.

Balance Sheet

The balance sheet of Sakuma Exports Limited shows a relatively healthy equity base with a debt-to-equity ratio that remains manageable. However, the increase in total liabilities from 2024 to 2025 signifies rising financial obligations. The return on equity has declined due to the drop in net income, but the company maintains a strong equity ratio, indicating a stable financial position overall.

Cash Flow

Cash flow analysis reveals challenges for Sakuma Exports Limited, with negative operating and free cash flows in the latest year. This trend suggests potential liquidity issues and a need for improved cash management. The operating cash flow to net income ratio suggests inefficiency in converting income into cash, and the free cash flow margin indicates limited cash available for reinvestment or debt reduction.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	18.39B	22.90B	21.25B	31.67B	28.48B	13.27B
Gross Profit	897.09M	1.17B	1.18B	3.51B	3.28B	1.66B
EBITDA	189.28M	263.83M	519.73M	462.72M	395.56M	212.09M
Net Income	102.59M	147.94M	399.74M	284.46M	274.43M	110.31M
Balance Sheet
Total Assets	8.96B	9.13B	6.76B	5.71B	6.69B	4.30B
Cash, Cash Equivalents and Short-Term Investments	874.89M	261.70M	254.61M	243.20M	63.06M	175.49M
Total Debt	448.66M	1.06B	990.54M	173.30M	868.36M	52.80M
Total Liabilities	1.71B	2.06B	1.93B	1.59B	2.89B	808.39M
Stockholders Equity	7.24B	7.07B	4.83B	4.13B	3.80B	3.49B
Cash Flow
Free Cash Flow	1.24B	-2.07B	-850.39M	907.67M	-832.85M	-768.22M
Operating Cash Flow	1.24B	-1.40B	-849.89M	908.09M	-574.25M	-767.46M
Investing Cash Flow	-236.39M	-627.92M	120.64M	11.70M	-151.67M	473.07M
Financing Cash Flow	-617.10M	2.03B	770.73M	-769.71M	756.57M	71.53M

Sakuma Exports Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SAKUMA, the sentiment is Negative. The current price of 2.16 is above the 20-day moving average (MA) of 1.78, above the 50-day MA of 1.92, and below the 200-day MA of 2.48, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 19.64 is Positive, neither overbought nor oversold. The STOCH value of 10.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SAKUMA.

Sakuma Exports Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAWANASUG	78 Outperform	₹2.98B	22.43	―	4.69%	6.31%	161.73%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
KCPSUGIND	52 Neutral	₹2.57B	10.94	―	0.38%	-13.84%	-149.34%
UGARSUGAR	50 Neutral	₹4.13B	8.79	―	0.60%	20.40%	―
KOTARISUG	49 Neutral	₹1.94B	4.71	―	―	-39.31%	-110.49%
SAKUMA	46 Neutral	₹2.41B	137.71	―	0.46%	-22.06%	-79.52%
SAKHTISUG	45 Neutral	₹1.65B	-1.68	―	―	1.70%	-71.32%

Sakuma Exports Limited Corporate Events

Sakuma Exports Affirms Board Approval and Signatory Authority for Q3 FY2025 Results

Sakuma Exports Limited clarified to the National Stock Exchange of India that its financial results for the quarter ended 31 December 2025 were duly signed by authorised director Shipra Malhotra, supported by a board resolution. The company emphasised that the audit committee had recommended the standalone and consolidated unaudited results, which were reviewed with a clean limited review report and formally approved by the board.

The board resolution authorised director Shipra Malhotra to sign the quarterly financial results on behalf of the board, and empowered chairman Saurabh Malhotra and company secretary and compliance officer Pooja Malhotra to file the results with stock exchanges and handle mandated publication. The clarification helps address regulatory queries under SEBI listing rules, reinforcing the company’s compliance posture and governance framework in relation to its quarterly financial disclosures.