As of 6 Nov 2026, Sukhjit Starch & Chemicals trades at 10.0× trailing earnings, below the industry P/E of 22.1×, and the shares are 37% below their 52-week high. Sales and net profit fell 0.3% and 25% a year over 3 years; its ROCE of 8.8% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.55× equity, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹453 Cr, ranked 100th of 204 Specialty Chemicals companies by market cap; the shares fell 11% over the past year.
- ₹146.90
- ₹148.00
- ₹142.30
- ₹145.07
- 15.7K
Health check
- ReturnsBehind
−10.7% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.0 vs industry 22.1.
- GrowthShrinking
Sales −0.3%, profit −24.7% a year over 3 years.
- ProfitabilityWeak
ROCE 8.8% vs peer median 24.4%.
- Balance sheetFair
Debt 0.55× equity, interest covered 2.2×, Piotroski 4 of 9.
- Red flags3 to check
Return on equity is low at 7.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹453 Cr
- Small cap
- P/E
- 10.0
- Industry 22.1
- Price to book
- 0.76
- Peers 13.33
- Dividend yield
- 0.69%
- ROE
- 7.9%
- Peers 23.0%
- ROCE
- 8.8%
- Peers 24.4%
- Debt to equity
- 0.55
- Debt ₹325 Cr
- EPS (TTM)
- ₹14.45
- Face value ₹5
- OPM (TTM)
- 7.1%
- Net margin 2.9%
- Sales growth
- +29.7%
- Latest quarter vs a year ago
- Profit growth
- +255.1%
- Latest quarter vs a year ago
- Price to sales
- 0.29
- EV/EBITDA 5.6
Strengths and risks
Strengths
- Quarterly profit up 255.1% on a year ago.
- Quarterly sales up 29.7% on a year ago.
- P/E of 10.0 against an industry P/E of 22.1.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 7.9%.
- 37% below its 52-week high.
- Interest coverage of only 2.7×.
About Sukhjit Starch & Chemicals
The Sukhjit Starch & Chemicals Limited, an agro-processing company, engages in the production and sale of starch and its derivatives in India. It operates through four segments: Starch & Its Derivatives, Readymade Garments, Leasing & Hire Purchase Financing, and Manufacturing of Heavy Machinery. The company offers maize starch, dextrines, monohydrate dextrose, sorbitol, anhydrous dextrose, liquid glucose, high maltose syrup, pregel starch, malto dextrin…
- Headquarters
- Phagwara
- Employees
- 1,210
- Sector
- Basic Materials
- ISIN
- INE450E01029
- Website
- sukhjitgroup.com
Price range
- Avg volume (3M)
- 16.7K
- 1-year return
- minus 10.7%
- From 52-week high
- minus 37.2%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 16.5% | 0.09 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.4% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| SUKHJITSSukhjit Starch & Chemicals | 145.14 | plus 0.05% | 453 | 10.0 | 8.6 | 8.8% | 6.4% | 0.55 | −0.3% | minus 10.7% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.4% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 315 | 347 | 402 | 396 | 408 | |
| 296 | 327 | 376 | 366 | 373 | |
| 18.2 | 19.5 | 25.8 | 30.2 | 35.1 | |
| 5.8% | 5.6% | 6.4% | 7.6% | 8.6% | |
| 4.6 | 1.7 | 9 | 1 | 2.1 | |
| 8.8 | 8 | 7.1 | 6.7 | 7.5 | |
| 9.1 | 9.1 | 7.2 | 8.6 | 9.1 | |
| 4.9 | 4.2 | 20.4 | 15.9 | 20.6 | |
| 12.4% | 25.1% | 28.6% | 23.3% | 25.8% | |
| 4.3 | 3.1 | 14.6 | 12.2 | 15.3 | |
| 1.38 | 1.00 | 4.67 | 3.89 | 4.89 |
Profit & loss
- Sales CAGR 3Y
- −0.3%
- Profit CAGR 3Y
- −24.7%
- EPS CAGR 3Y
- −24.7%
- ROE
- 7.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,447 | 1,375 | 1,498 | 1,432 | |
| – | minus 4.9% | +8.9% | minus 4.4% | |
| 1,299 | 1,247 | 1,386 | 1,350 | |
| 147 | 128 | 112 | 82.6 | |
| 10.2% | 9.3% | 7.5% | 5.8% | |
| 1.6 | 2.9 | 3 | 3 | |
| 27.8 | 32.6 | 29.5 | 30.8 | |
| 35.6 | 34.8 | 35.9 | 34.4 | |
| 1 | 6.3 | 4.7 | 15.2 | |
| 86.2 | 69.9 | 54 | 35.6 | |
| 26.5% | 28.5% | 25.9% | 24.0% | |
| 63.4 | 50 | 40 | 27 | |
| – | minus 21.1% | minus 20.0% | minus 32.4% | |
| 20.28 | 15.99 | 12.79 | 8.65 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 15.6 | 15.6 | 15.6 | 15.6 | |
| 450 | 487 | 527 | 552 | |
| 332 | 338 | 299 | 345 | |
| 155 | 181 | 188 | 177 | |
| 953 | 1,022 | 1,030 | 1,089 | |
| 554 | 561 | 564 | 538 | |
| 16.5 | 31.4 | 18.9 | 12 | |
| 0 | 0 | 0 | 0 | |
| 87.4 | 95.3 | 65.4 | 87.2 | |
| 296 | 334 | 381 | 452 | |
| 953 | 1,022 | 1,030 | 1,089 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 41 | 77.7 | 67.8 | 3.8 | |
| −42.9 | −39.2 | −1.2 | −9.6 | |
| 2.4 | −35.6 | −66.2 | 5.5 | |
| 0.5 | 3 | 0.3 | −0.3 | |
| −36.9 | −42.5 | −39.8 | −15.1 | |
| 4.1 | 35.2 | 27.9 | −11.3 | |
| −12.6 | −12.3 | −0.1 | −3.3 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.