Madhya Pradesh-based sugar manufacturer expanding into ethanol production via a new distillery project.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 20 | 20 | 25 | 25 | 25 | 40 | 40 |
| Reserves | 2 | 3 | 6 | 25 | 33 | 41 | 78 | 84 |
| Borrowings | 52 | 50 | 45 | 43 | 105 | 172 | 168 | 157 |
| Other Liabilities | 25 | 32 | 42 | 75 | 107 | 45 | 13 | 133 |
| Total Liabilities | 89 | 105 | 114 | 168 | 271 | 283 | 299 | 414 |
| AssetsFixed Assets | 46 | 44 | 39 | 35 | 32 | 29 | 27 | 27 |
| CWIP | 0 | 1 | 1 | 1 | 8 | 55 | 79 | 86 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 43 | 60 | 73 | 133 | 231 | 199 | 192 | 302 |
| Total Assets | 89 | 105 | 114 | 168 | 271 | 283 | 299 | 414 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | — | -9 | 0 | 10 | -20 | -43 | -25 | -7 |
| Cash from Investing | — | -8 | -2 | 3 | 3 | -7 | -47 | -31 |
| Cash from Financing | — | 15 | 6 | -10 | 13 | 59 | 63 | 39 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | -18 | -2 | 10 | -23 | -54 | -76 | -38 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
DOLLEX · CYCLICAL_UNMODELABLE
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