Sukhjit Starch & Chemicals Ltd. (SUKHJITS) AI Stock Analysis

• Market Cap: ₹5.37B
• Dividend Yield: 0.63%
• Average Volume (3M): 1.22K
• Price to Earnings (P/E): 46.3
• Beta (1Y): 1.36
• Revenue Growth: -5.05%
• EPS Growth: -57.82%
• Country: IN
• Employees: 1,262
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 1.00
• Shares Outstanding: 31,244,000
• 10 Day Avg. Volume: 747
• 30 Day Avg. Volume: 1,218
• PEG Ratio: -0.77
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 0.41
• P/FCF Ratio: 319.99
• 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: ₹157.00 ▼(-11.37% Downside)
• Action: Reiterated Date: 03/31/26
• Date: Action: Reiterated 03/31/26

The score is held back primarily by deteriorating margins and very weak free cash flow trends, alongside bearish technicals with the stock trading below major moving averages. A high P/E and low dividend yield further limit attractiveness despite improved leverage.

Positive Factors

B2B starch & derivatives manufacturing

A focused B2B manufacturing model selling starch and derivatives to food processors and industrial users creates durable demand from institutional customers. Long-term contracts, repeat volumes and embedded processing inputs underpin predictable revenue streams and higher switching costs versus commodity sellers.

Negative Factors

Sharp gross margin deterioration

A near-halving of gross margin implies persistent cost pressure or weaker pricing power in core products. If input-cost inflation or competitive pricing persists, margin recovery will be slow, reducing ability to fund capital upkeep and lowering long-term operating profitability.

Sukhjit Starch & Chemicals Ltd. Business Overview & Revenue Model

Company Description

The Sukhjit Starch & Chemicals Limited manufactures and distributes starch and its derivatives in India. It operates through four segments: Starch & Its Derivatives, Readymade Garments, Leasing & Hire Purchase Financing, and Manufacturing of Heavy...

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The Sukhjit Starch & Chemicals Limited manufactures and distributes starch and its derivatives in India. It operates through four segments: Starch & Its Derivatives, Readymade Garments, Leasing & Hire Purchase Financing, and Manufacturing of Heavy...

How the Company Makes Money

The company primarily makes money by manufacturing and selling starch and starch-derived products to business customers (B2B) across end-use industries. Revenue is generated from (i) sales of native starch and modified/derivative starch products u...

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The company primarily makes money by manufacturing and selling starch and starch-derived products to business customers (B2B) across end-use industries. Revenue is generated from (i) sales of native starch and modified/derivative starch products u...

Sukhjit Starch & Chemicals Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.19B	14.98B	13.75B	14.47B	11.59B	6.99B
Gross Profit	2.90B	1.31B	2.43B	4.57B	2.61B	1.37B
EBITDA	961.35M	1.20B	1.38B	1.49B	1.60B	727.26M
Net Income	228.90M	399.51M	499.62M	633.63M	728.45M	209.07M
Balance Sheet
Total Assets	11.54B	10.30B	10.22B	9.53B	8.49B	7.97B
Cash, Cash Equivalents and Short-Term Investments	893.50M	684.47M	953.43M	873.78M	753.40M	185.80M
Total Debt	4.09B	2.99B	3.38B	3.32B	2.88B	3.12B
Total Liabilities	6.04B	4.87B	5.19B	4.88B	4.36B	4.65B
Stockholders Equity	5.50B	5.43B	5.03B	4.66B	4.13B	3.33B
Cash Flow
Free Cash Flow	-803.30M	19.15M	351.95M	41.20M	1.14B	415.31M
Operating Cash Flow	-803.30M	417.54M	777.42M	409.80M	1.44B	1.16B
Investing Cash Flow	-21.30M	-33.21M	-392.09M	-429.00M	-846.26M	-679.08M
Financing Cash Flow	826.70M	-381.12M	-355.82M	24.10M	-597.21M	-502.50M

Sukhjit Starch & Chemicals Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 177.15
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SUKHJITS, the sentiment is Positive. The current price of 177.15 is above the 20-day moving average (MA) of 163.46, above the 50-day MA of 172.26, and above the 200-day MA of 169.37, indicating a neutral trend. The MACD of -3.15 indicates Negative momentum. The RSI at 53.65 is Neutral, neither overbought nor oversold. The STOCH value of 71.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SUKHJITS.

Sukhjit Starch & Chemicals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRAIL	67 Neutral	₹7.11B	14.28	―	0.41%	36.98%	-64.34%
NGLFINE	66 Neutral	₹14.44B	13.84	―	0.13%	9.83%	-50.02%
OCCL	64 Neutral	₹1.09B	18.71	―	10.99%	-76.65%	-76.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
INDOBORAX	57 Neutral	₹8.16B	24.50	―	0.38%	12.35%	6.79%
DICIND	56 Neutral	₹4.74B	25.63	―	0.82%	1.34%	283.51%
SUKHJITS	53 Neutral	₹5.37B	46.35	―	0.63%	-5.05%	-57.82%

Sukhjit Starch & Chemicals Ltd. Corporate Events