Riga Sugar Company Ltd.
Snapshot View

13.02 ▼0%

16 July 2021, 04:00:00 P.M.

Overview View Details

Sector Agriculture Compare with Sector peers
Industry Sugar Compare with Industry peers
Website http://www.rigasugar.com
Financial Indicators
Market Cap 18.81 Cr.
Earnings per share (EPS) -32.80 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 24.27 Trailing Twelve Months Ending 2021-03
Book Value / Share -103.07 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.13 Calculated using Price: 13.02
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.44 Cr. 14,443,405 Shares
FaceValue 10
Company Profile
Riga Sugar Company, the flagship company of Dhanuka Group has Sugar (4500/5000 TCD), Distillery(50 KLPD), Ethanol (45 KLPD) & DAP/Organic Fertiliser factories in North Bihar (India) is located at village and railway station, Riga, on Narkatiaganj- Samastipur meter gauge section of Northern Eastern Railway. 

SUGAR: Company’s sugar factory is one of the oldest sugar factory in India which was set-up in 1933 by The Belsund Sugar & Industries limited under British Management which was taken over by Dhanukas in 1950. Under the Scheme of Arrangement as sanctioned by Hon’ble Calcutta High Court the sugar factory was transferred w.e.f.1.10.1981 to Riga Sugar Company. The initial installed capacity of the sugar plant was 800 TCD which was increased to 1200 TCD in 1956 than increased to 2000 TCD in 1987-88. In 1995-96 the company undertaken Expansion-cum-Diversification scheme whereby the capacity of sugar plant was increases to    2500 TCD and New Distillery Plant of 50 KLPD was set-up. 

In 1999-2000 the company implemented the scheme of  Sugar Technology Mission (STM) project for Technological Upgradation-cum-Capacity Optimisation Scheme of Sugar Unit as approved by STM, Government of India at the Projected cost of 2675 Lacs and simultaneously undertaken  expansion scheme for increasing the capacity to 3500, which was completed in the season 1999-2000. Consequent to said STM Scheme the Major machineries of the sugar plant was newly installed like replacement of entire Mills, addition of Boiler, Turbine and Equipments in Boiling/Manufacturing House. 

Again in 2006-07 the company undertaken project of expansion of sugar plant to 5,000 TCD for estimated cost of Rs. 25 Crores and expansion project to 4500/5000 TCD has been completed in season 07-08 and expected to stabilize the production at enhanced capacity of 5000 TCD in 08-09.   

Distillery: The company’s 50 KLPD Distillery Plant was set-up in September, 1995 for manufacturing and marketing of Molasses based Alcohol which is of high quality and well regarded in the market.

Ethanol: The New Ethanol Plant of 45 KLPD commenced commercial operation from 4th April, 2007 and has been supplying Ethanol to Oil companies at different locations in Bihar and Jharkhand for admixing with Petrol.  

Fertiliser: The company manufacture NPK Manure under the Brand name of Harabhara Fertiliser. The company is also manufacturing Bio-Compost in the name of Krishi-Labh by using Distillery Effluents on press mud of sugar which is very useful for foodgrains, vegetable, fruits, sugarcane, tea plant etc.

Product range of the company includes:
  • Sugar 
  • Rectified Spirit 
  • Denatured Spirit
Achievements/ recognition:
  • An ISO 9001-2000 & ISO14001:2004 Certified Company


Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
+25.43%
3 Month
+242.63%
6 Month
+166.80%
1 Year
+180.0%
2 Year
+132.50%
5 Year
-60.18%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -21.39 -16.44 -16.73 -84.90 -31.44
Return on Capital Employed (%) 6.63 7.40 6.50 1.08 6.29 7.52 -2.54 -33.34 -27.24
Return on Assets (%) -1.74 -1.10 -0.98 -3.10 -0.66 -1.49 -6.38 -14.15 -8.44

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 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.
Shh. Funds 70 67 66 88 88 71 50 3 -22
Non Curr. Liab. 31 37 37 26 26 27 20 6 6
Curr. Liab. 196 182 213 242 222 201 285 293 285
Minority Int.
Equity & Liab. 296 286 316 356 336 299 354 302 269
Non Curr. Assets 125 120 119 151 149 172 166 169 175
Curr. Assets 171 166 197 205 187 127 188 133 94
Misc. Exp. not W/O
Total Assets 296 286 316 356 336 299 354 302 269

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 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.
Net Sales 148 198 163 186 180 182 96 155 153
Other Income 1 0 0 0 1 4 3 5 4
Total Income 149 198 163 186 181 186 99 160 157
Total Expenditure -132 -178 -147 -181 -168 -170 -97 -182 -161
PBIDT 17 20 16 6 13 15 2 -22 -4
Interest -16 -16 -13 -16 -14 -15 -18 -20 -15
Depreciation -7 -7 -6 -4 -4 -4 -5 -5 -5
Taxation 1 0 0 4 3 -1 0
Exceptional Items -1
PAT -5 -3 -3 -10 -2 -5 -21 -46 -24

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 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.
Cash Fr. Operatn. -3 20 13 26 7 30 23 34 32
Cash Fr. Inv. -4 -2 -5 -4 -2 -14 -5 -4 -9
Cash Fr. Finan. 6 -19 -8 -23 -5 -16 -17 -28 -24
Net Change -2 -1 0 -1 0 0 0 2 -1
Cash & Cash Eqvt 3 2 2 1 1 1 0 2 1

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 69.19 69.19 69.19 69.19 69.19 69.19 68.47 68.47 68.47
Public 30.81 30.81 30.81 30.81 30.81 30.81 31.53 31.53 31.53
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

Thu, 22 Jul 2021
Board Meeting Intimation for Please Note That A Meeting Of The Board Of Directors Of The Company Will Be Held On Thursday The 29Th July 2021 .<BR>
RIGA SUGAR COMPANY LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2021 inter alia to consider and approve Please note that a Meeting of the Board of Directors of the Company will be held on Thursday the 29th July 2021 to:

1. Consider Convening of the 40th Annual General Meeting of the Members of the Company for the year ended 31st March 2021.

2. Appoint Independent woman Director

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Riga Sugar Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Sat, 17 Jul 2021
Revised Audited Financial Results For Year And Quarter Ended 31St March 2021 As Per BSE Mail Dated 14.07.2021
Please note that the Audited Financial Results for the year and quarter ended 31.03.2021 was submitted on 23.06.2021 under BSE ref. 2911574.
We received BSE mail dated 14.07.2021 for Discrepancies in Audited Financial Results therefore submitting the revised Audited Financial Results for the year and quarter ended on 31st March 2021.

Technical Scans View Details

Fri, 16 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
Close Within 2 Year High Zone Close Within 2 Year High Zone

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