Karnataka-based integrated sugar, ethanol and power co-generation manufacturer, also producing pharma-grade ethanol/sugar and natural alcohol vinegar.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 38 | 38 | 38 | 38 | 38 | 44 | 44 | 44 |
| Reserves | 184 | 188 | 245 | 218 | 231 | 237 | 206 | 209 |
| Borrowings | 347 | 376 | 370 | 356 | 366 | 391 | 307 | 421 |
| Other Liabilities | 103 | 110 | 117 | 115 | 165 | 148 | 82 | 154 |
| Total Liabilities | 672 | 712 | 770 | 726 | 799 | 819 | 639 | 828 |
| AssetsFixed Assets | 288 | 282 | 300 | 298 | 287 | 276 | 270 | 481 |
| CWIP | 0 | 0 | 0 | 4 | 124 | 201 | 226 | 22 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 |
| Other Assets | 382 | 429 | 469 | 423 | 387 | 340 | 140 | 323 |
| Total Assets | 672 | 712 | 770 | 726 | 799 | 819 | 639 | 828 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 25 | 49 | 56 | 35 | 52 | 146 | 50 | 37 |
| Cash from Investing | -18 | -27 | -9 | -33 | -18 | -125 | -83 | -45 |
| Cash from Financing | -12 | -16 | -6 | -38 | -44 | -22 | 41 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 7 | 22 | 47 | 2 | 34 | 21 | -32 | -6 |
| 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.
VISHWARAJ · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.