Ponni Sugars (Erode) Ltd.
Snapshot View

299.85 -6.20 ▼-2.0%

30 July 2021, 04:00:00 P.M.
Volume: 2,116

Overview View Details

Sector Agriculture Compare with Sector peers
Industry Sugar Compare with Industry peers
Website http://www.ponnisugars.com
Financial Indicators
Market Cap 251.07 Cr.
Earnings per share (EPS) 29.30 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 9.97 Trailing Twelve Months Ending 2021-06
Industry PE 25.13 Trailing Twelve Months Ending 2021-06
Book Value / Share 384.93 Trailing Twelve Months Ending 2021-06
Price to Book Value 0.76 Calculated using Price: 292.00
Dividend Yield 1.71 Period Ending 2021-03
No. of Shares Subscribed 0.86 Cr. 8,598,418 Shares
FaceValue 10
Company Profile

Ponni Sugars (Erode) Ltd was incorporated in 1996, it is an offspring of Ponni Sugars and Chemicals (PSCL) under a Demerger Scheme sanctioned by the Hon’ble High Court of Madras on September 10, 2001. In terms of the scheme, the company took over the business of Erode Undertaking with concurrent transfer of major part of stakeholders’ interest in PSCL to the company. Ponni Sugars is the brainchild of late S Viswanathan, a renowned industrialist of the South. The Erode sugar mill was set up with 1250 TCD capacity in 1984 in a record time of 12 months. It achieved full capacity crushing during the very first year of its commercial operation that enabled declaration of a maiden dividend of 10% in that very first year, a record in the annals of sugar industry. It was a trendsetter in mobilising surplus cane during its infancy stage from neighbouring sugar mills and extending crushing season to well above industry average. Its capacity was expanded to 2500 TCD in 1994.

The Erode sugar mill has successfully implemented an innovative Lift Irrigation Scheme by bringing in dry lands under cane cultivation, utilizing the effluent discharge of the neighbouring paper mill. This has helped secure multitudinal benefits – providing a dependable and perennial source of irrigation to farmers in the neighbourhood, increase of land value manifold in the region, transforming the livelihood of local rural population, resolving the raw material needs of sugar and paper mills and addressing ecological concerns in effluent discharge.

Right at its inception, Ponni was structured on the concept of total diversion of bagasse for paper. Accordingly it installed a coal fired boiler and later added a multi fuel boiler in place of conventional bagasse fired boilers. It has a bagasse tie up arrangement with Seshasayee Paper and Boards Ltd for a mutually beneficial and rewarding long term relationship.

Ponni is an efficient and quality producer of sugar, catering to both domestic and international markets. It is a venerable partner for villagers growing sugarcane in its neighbourhood. It enjoys cordial relationship with employees. It firmly believes in transparent and fair dealings with all its stakeholders by following sound corporate governance norms both in letter and spirit.

Other group companies:

  • Seshasayee Paper and Boards Limited
  • High Energy Batteries (India) Limited
  • SPB Projects and Consultancy Limited
  • Esvin Advanced Technologies Limited

Business area of the company:

  • The company is engaged in the manufacturing of sugar and its by products. It manufactures cane sugar, cane molasses and bagasse.

Major events:

  • 26-12-1996 - The company incorporated under the name SPB Sugars and Chemicals Limited 
  • 25-01-2000 - Name of the company changed to Ponni Sugars (Erode) Limited 
  • 10-09-2001 - Demerger Scheme for the transfer of Erode Undertaking of Ponni Sugars and Chemicals Ltd established in 1984 to the company effective 01.04.1999. Sanctioned by High Court of Madras.
  • 18-10-2001 - Completion date of Demerger Scheme which comes into effect from 01.04.1999. 

Achievements/ recognition:

  • ISO 9001:2000 for quality Management System Standard
  • ISO 14001:2004 Environmental Management System Standard

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.03%
1 Week
+3.86%
1 Month
-13.38%
3 Month
+69.55%
6 Month
+91.90%
1 Year
+101.24%
2 Year
+185.71%
5 Year
+6.82%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 15.88 -3.78 -2.99 1.57 8.42 1.26 2.98 11.46 8.94
Return on Capital Employed (%) 8.44 1.87 -0.15 4.29 10.69 1.97 5.09 12.96 9.81
Return on Assets (%) 7.79 -1.86 -1.46 0.76 5.43 1.00 2.34 8.76 7.42

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 129 124 120 122 257 273 293 247 326
Non Curr. Liab. 31 52 44 43 33 7 9 12 7
Curr. Liab. 103 76 85 84 48 49 89 56 43
Minority Int.
Equity & Liab. 263 252 249 249 338 328 391 315 376
Non Curr. Assets 157 157 151 147 260 277 283 205 257
Curr. Assets 106 94 98 102 78 52 107 111 119
Misc. Exp. not W/O
Total Assets 263 252 249 249 338 328 391 315 376

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 212 169 160 169 251 196 185 310 256
Other Income 2 2 2 2 1 3 3 4 6
Total Income 215 171 162 171 252 199 188 315 263
Total Expenditure -186 -164 -165 -168 -213 -176 -165 -269 -226
PBIDT 29 7 -4 3 39 23 23 45 36
Interest -4 -7 -5 -6 -5 -2 -3 -3 -1
Depreciation -12 -8 -6 -6 -6 -6 -6 -7 -7
Taxation 7 -2 2 -1 -6 0 -4 -5 -3
Exceptional Items -2 5 9 11 -7 -11 -1 1
PAT 19 -5 -4 2 16 3 8 31 26

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -9 9 11 6 35 51 -22 16 29
Cash Fr. Inv. -14 -3 0 0 0 -5 2 1 3
Cash Fr. Finan. 24 -7 -11 -6 -34 -46 23 -19 -24
Net Change 1 -1 0 0 1 -1 3 -3 7
Cash & Cash Eqvt 1 0 0 1 2 0 3 0 8

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 42.36 42.36 42.36 42.36 42.36 42.36 42.36 42.36 42.36
Public 57.64 57.64 57.64 57.64 57.64 57.64 57.64 57.64 57.64
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of unaudited financial results for the Quarter ended 30th June 2021 attached
Wed, 21 Jul 2021
Proceedings Of 25Th Annual General Meeting Of The Company Held On 20Th July 2021
Proceedings of 25th Annual General Meeting of the Company held on 20th July 2021
Wed, 21 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Ponni Sugars (Erode) Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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