Sukhjit Starch & Chemicals Ltd
- Market cap
- ₹ 462 Cr.
- P/E
- 9.9x
- P/B
- 0.77x
- 52-week range
- 137.3 – 231.1
- ROE
- 1%
- ROCE
- 6%
- Dividend yield
- 0.7%
- Debt / equity
- 0.61
- Sector
- Agricultural Food & other Products
- Industry
- Other Agricultural Products
- Listed on
- NSE, BSE
About
The Sukhjit Starch and Chemicals Limited is an India-based agro-processing company, which is engaged in the production of starch and its derivatives. The Company operates through four segments: Starch & its Derivatives, Mega Food Park, and Heavy Machinery. Its products include maize starch, monohydrate dextrose, sorbitol 70%, anhydrous dextrose, liquid glucose, high maltose syrup, malto dextrin powder, modified starch, maize gluten, maize germ, maize oil, and maize bran (cattle feed). Its products cater to a range of industries, such as food and beverages, personal care, pharmaceuticals, textiles, and fast-moving consumer goods (FMCG). The Company has multi-locational manufacturing units at Phagwara (Punjab), Nizamabad (Telangana), Malda (West Bengal), and Gurplah (Himachal Pradesh).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Agricultural Products: 90 companies →Sukhjit Starch & Chemicals Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.9 against a typical 14.5: cheaper than most peers (1st = cheapest).25th of 88
- Sales growth+29.5% against a typical +19.1% from a year earlier.26th of 68
- Profit growth+275% against a typical +5.4% from a year earlier.5th of 59
- Share price, 3 months−9.4% against a typical −1.7%.50th of 81
- Size₹ 462.4 Cr. market value against a typical ₹ 63 Cr. (1st = largest).14th of 85
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue up ~30% and profit up ~3x puts full-year profit on track to double.
Sukhjit Starch reported strong Q2 FY27 results with standalone revenue of Rs 408.5 crore, up from Rs 312.7 crore last year, and net profit of Rs 15.8 crore versus Rs 4.1 crore. For the half year, revenue was Rs 803.6 crore and net profit Rs 28.4 crore, nearly triple last year's first half. The jump reflects higher volumes and better margins, putting the company on track for sharply higher full-year sales and profit.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A by CRISIL- CRISIL lowered its rating on 12 Jun 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 12 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 12 Jun 2026 | ▼ Downgrade1 notch | Crisil A+ → Crisil A | — | CRISIL | ₹ 495 Cr. | |
| 8 Aug 2025 | Rating action | Crisil A+ | — | CRISIL | ₹ 495 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 23 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 29 Jul 2026 | Financial Results | Meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, the 29th day of July, 2026 to, inter-alia, consider the Unaudited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended 30/06/2026. |
| 7 Jul 2026 | Other business matters | To consider other business matters 1. Fix the date of Annual General Meeting of the Company and record date/book closure for the said purpose.2. Approve the notice / agenda for the Annual General Meeting and the Directors Report for the Audited Financial Results for the Financial Year ended 31/03/2026.3. To consider the appointment of two new Independent Directors in place of the retiring Independent Directors, on expiry of their tenure and recommend to the Shareholders accordingly. |
| 27 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the unaudited financial results (standalone & consolidated) for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 370 | 395 | 368 | 375 | 360 | 369 | 315 | 347 | 402 | 396 | 408 |
| Expenses | 324 | 337 | 361 | 336 | 346 | 343 | 350 | 296 | 327 | 376 | 366 | 373 |
| Operating Profit | 37 | 33 | 34 | 32 | 29 | 17 | 19 | 18 | 20 | 26 | 30 | 35 |
| OPM % | 10% | 9% | 9% | 9% | 8% | 4.7% | 5% | 6% | 6% | 6% | 8% | 9% |
| Other Income | 2 | 3 | 1 | 3 | 2 | 3 | 3 | 5 | 2 | 9 | 1 | 2 |
| Interest | 8 | 8 | 7 | 9 | 8 | 6 | 7 | 9 | 8 | 7 | 7 | 8 |
| Depreciation | 9 | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 9 | 7 | 9 | 9 |
| Profit before tax | 21 | 19 | 18 | 17 | 14 | 4 | 6 | 5 | 4 | 20 | 16 | 21 |
| Tax % | 24% | 38% | 25% | 25% | 25% | 36% | 17% | 12% | 25% | 29% | 23% | 26% |
| Net Profit | 16 | 12 | 14 | 13 | 11 | 3 | 5 | 4 | 3 | 15 | 12 | 15 |
| EPS in Rs | 5.13 | 3.81 | 4.43 | 4.02 | 3.45 | 0.9 | 1.6 | 1.38 | 1 | 4.67 | 3.89 | 4.89 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 15%
- 3 Years
- 0%
- TTM
- 9%
- 10 Years
- −10%
- 5 Years
- −15%
- 3 Years
- −49%
- TTM
- 97%
- 10 Years
- 4%
- 5 Years
- 2%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sukhjit Starch & Chemicals Ltd | ₹ 143.04 | ₹ 462 Cr. | 9.9x | 0.8x | 1% | — |
| Nestle India | ₹ 1,173.45 | ₹ 2,26,278 Cr. | 80.4x | 53.4x | 76.3% | 15.1% |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
Management
- Rakesh Chawla
- Chief Financial Officer, Senior Vice President
- Aman Setia
- Compliance Officer, Vice President - Finance, Company Secretary
- Kuldip Krishan Sardana
- Managing Director, Executive Director
- Madan Gopal Sharma
- Executive Director
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