Sukhjit Starch & Chemicals (SUKHJITS)₹142.25−3.32%Other Agricultural Products
In the Sep 2026 quarter (consolidated), Sukhjit Starch & Chemicals reported sales of ₹408 Cr, up 29.6% from Sep 2025, and net profit of ₹15.04 Cr, up 275.1% year on year. For the year to Mar 2026, sales were ₹1,431 Cr and net profit ₹27.04 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| 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 | 345 | 342 | 350 | 296 | 327 | 376 | 366 | 373 |
| Operating Profit | 36.90 | 32.95 | 33.93 | 31.94 | 28.94 | 16.96 | 18.95 | 17.97 | 19.96 | 25.94 | 29.93 | 34.91 |
| OPM % | 10.0% | 9.0% | 9.0% | 9.0% | 8.0% | 4.7% | 5.0% | 6.0% | 6.0% | 6.0% | 8.0% | 9.0% |
| Other Income | 2.01 | 3.01 | 1.01 | 3.01 | 2.01 | 3.01 | 3.01 | 5.01 | 2.01 | 9.02 | 1.01 | 2.01 |
| Interest | 7.98 | 7.98 | 6.99 | 8.99 | 7.98 | 5.99 | 6.98 | 8.98 | 7.98 | 6.98 | 6.99 | 7.99 |
| Depreciation | 9.01 | 9.01 | 8.99 | 8.99 | 9.01 | 9.99 | 8.99 | 9.01 | 9.01 | 6.99 | 9.01 | 9.01 |
| Profit before tax | 21.02 | 19.01 | 18.01 | 17.03 | 14.02 | 4.01 | 6.01 | 5.01 | 4.01 | 20.02 | 16.01 | 21.01 |
| Tax % | 24.0% | 38.0% | 24.9% | 24.9% | 25.0% | 36.0% | 17.0% | 12.0% | 25.0% | 29.0% | 23.0% | 26.0% |
| Net Profit | 16.05 | 12.04 | 14.03 | 13.03 | 11.03 | 3.01 | 5.01 | 4.01 | 3.01 | 15.02 | 12.03 | 15.04 |
| EPS (Rs) | 5.14 | 3.80 | 4.42 | 4.01 | 3.44 | 0.91 | 1.59 | 1.39 | 0.99 | 4.66 | 3.90 | 4.90 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 564 | 651 | 701 | 742 | 799 | 698 | 1,159 | 1,447 | 1,375 | 1,499 | 1,431 | 1,552 |
| Expenses | 504 | 602 | 638 | 650 | 742 | 633 | 1,000 | 1,299 | 1,245 | 1,384 | 1,348 | 1,440 |
| Operating Profit | 59.81 | 49.92 | 62.83 | 91.76 | 55.84 | 64.89 | 158 | 147 | 128 | 112 | 82.81 | 111 |
| OPM % | 11.0% | 8.0% | 9.0% | 12.0% | 7.0% | 9.0% | 14.0% | 10.0% | 9.0% | 7.0% | 6.0% | 7.1% |
| Other Income | 3.01 | 2.01 | 5.02 | 3.01 | 10.02 | 8.01 | 3.01 | 3.01 | 10.02 | 8.01 | 19.05 | 14.05 |
| Interest | 14.98 | 12.97 | 17.98 | 15.97 | 18.97 | 22.97 | 23.96 | 27.94 | 32.92 | 29.96 | 30.92 | 29.94 |
| Depreciation | 12.01 | 11.99 | 14.99 | 13.01 | 14.01 | 21.99 | 35.02 | 36.02 | 35.02 | 35.99 | 33.99 | 34.02 |
| Profit before tax | 35.03 | 27.05 | 36.07 | 66.05 | 33.06 | 28.03 | 102 | 86.11 | 70.05 | 54.04 | 36.03 | 61.05 |
| Tax % | 36.0% | 33.0% | 36.9% | 37.0% | −1.0% | 26.0% | 29.0% | 27.0% | 28.0% | 26.0% | 24.0% | — |
| Exceptional items | 0.00 | 0.00 | 2.01 | 1.01 | 5.02 | 2.01 | 0.00 | 1.01 | 4.02 | 6.02 | 19.05 | — |
| Net Profit | 22.05 | 18.03 | 23.05 | 42.09 | 33.05 | 21.04 | 73.16 | 63.18 | 50.15 | 40.06 | 27.04 | 45.10 |
| EPS (Rs) | 7.58 | 6.19 | 7.65 | 14.10 | 11.24 | 7.08 | 23.36 | 20.29 | 16.00 | 12.80 | 8.64 | 14.45 |
| Dividend payout % | 16.0% | 20.0% | 21.0% | 27.0% | 9.0% | 21.0% | 21.0% | 20.0% | 25.0% | 8.0% | 12.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.98 | 6.98 | 6.98 | 6.98 | 14.96 | 14.97 | 14.95 | 15.95 | 15.96 | 15.96 | 15.95 | 15.96 |
| Reserves | 189 | 208 | 229 | 246 | 269 | 300 | 318 | 397 | 450 | 487 | 527 | 553 |
| Borrowings | 165 | 129 | 106 | 153 | 186 | 322 | 312 | 288 | 332 | 338 | 299 | 345 |
| Other Liabilities | 51.75 | 60.71 | 76.63 | 110 | 122 | 162 | 151 | 147 | 154 | 180 | 187 | 176 |
| Total Liabilities | 414 | 405 | 418 | 518 | 593 | 799 | 796 | 848 | 952 | 1,021 | 1,029 | 1,089 |
| Fixed Assets | 218 | 221 | 233 | 232 | 243 | 248 | 507 | 511 | 557 | 549 | 564 | 541 |
| CWIP | 4.99 | 8.99 | 10.98 | 31.99 | 128 | 282 | 73.89 | 63.93 | 16.98 | 30.95 | 18.99 | 11.99 |
| Investments | 9.01 | 19.02 | 33.08 | 47.07 | 77.11 | 11.01 | 9.02 | 66.17 | 78.13 | 83.08 | 53.10 | 74.12 |
| Other Assets | 181 | 154 | 141 | 205 | 145 | 258 | 206 | 207 | 301 | 357 | 393 | 461 |
| Inventories | 79.99 | 57.06 | 55.05 | 92.09 | 54.02 | 152 | 102 | 108 | 179 | 230 | 227 | 302 |
| Trade receivables | 56.83 | 58.81 | 60.80 | 70.74 | 61.79 | 54.76 | 62.79 | 66.71 | 80.71 | 78.70 | 114 | 93.70 |
| Cash & equivalents | 20.98 | 17.97 | 6.99 | 17.98 | 15.98 | 13.97 | 11.98 | 11.98 | 12.98 | 15.98 | 15.96 | 15.96 |
| Total Assets | 414 | 405 | 418 | 518 | 593 | 799 | 796 | 848 | 952 | 1,021 | 1,029 | 1,089 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 65.12 | 86.04 | 40.07 | 11.01 | 126 | −61.03 | 116 | 144 | 41.05 | 78.14 | 68.04 | 4.01 |
| Cash from investing activity | −21.99 | −29.99 | −29.03 | −43.01 | −146 | −92.02 | −68.07 | −84.99 | −42.98 | −38.99 | −1.01 | −9.99 |
| Cash from financing activity | −30.98 | −58.97 | −20.99 | 41.92 | 17.97 | 151 | −49.93 | −59.91 | 1.99 | −35.97 | −65.94 | 5.99 |
| Net cash flow | 12.01 | −3.01 | −10.01 | 11.02 | −2.01 | −2.01 | −2.01 | 0.00 | 0.00 | 3.01 | 0.00 | 0.00 |
| Capex | 28.65 | 20.12 | 18.24 | 32.43 | 120 | 164 | 74.55 | 30.61 | 36.77 | 42.40 | 39.73 | 15.05 |
| Free cash flow | 36.88 | 65.82 | 22.93 | −17.94 | 6.97 | −217 | 44.85 | 116 | 9.98 | 41.85 | 33.89 | 10.96 |
| CFO / OP % | 112.0% | 155.0% | 94.0% | 29.0% | 156.1% | −85.9% | 188.0% | 106.1% | 41.0% | 72.0% | 71.1% | 19.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 39 | 38 | 34 | 37 | 30 | 25 | 33 | 21 | 20 | 21 | 28 | 24 |
| Inventory days | 95 | 56 | 46 | 77 | 46 | 102 | 86 | 56 | 69 | 93 | 79 | 109 |
| Days payable | 29 | 33 | 27 | 31 | 28 | 29 | 40 | 28 | 23 | 31 | 28 | 28 |
| Cash conversion cycle | 104 | 60 | 53 | 82 | 48 | 97 | 78 | 48 | 66 | 82 | 78 | 104 |
| Working capital days | 16 | 13 | 20 | 19 | 22 | 20 | 10 | −7 | 0 | 2 | 19 | 28 |
| ROCE % | 15.1% | 14.0% | 12.1% | 13.0% | 19.0% | 8.0% | 7.0% | 19.1% | 15.1% | 12.0% | 9.0% | 6.0% |
For the Sep 2026 quarter, Sukhjit Starch & Chemicals reported sales of ₹408 Cr, up 29.6% year on year and net profit of ₹15.04 Cr, up 275.1% year on year. The operating margin was 9.0%.
Sukhjit Starch & Chemicals' sales for the year to Mar 2026 were ₹1,431 Cr; over the last twelve months they were ₹1,552 Cr.
Net profit for the year to Mar 2026 was ₹27.04 Cr, and ₹45.10 Cr over the last twelve months. Earnings per share over the same trailing period were ₹14.45.
Sukhjit Starch & Chemicals reported borrowings of ₹345 Cr at Mar 2026, against cash and equivalents of ₹15.96 Cr.
Cash from operations was ₹4.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.96 Cr.