Riga Sugar Company Ltd.
Snapshot View

10.21 -0.07 ▼-0.7%

20 May 2022, 04:01:00 PM
Volume: 11,056

Overview View Details

Sector Agriculture Compare with Sector peers
Industry Sugar Compare with Industry peers
Website http://www.rigasugar.com
Market Cap 14.75 Cr.
Enterprise Value(EV) 111.78 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -32.85 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 20.82 Trailing Twelve Months Ending 2021-12
Book Value / Share -115.08 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.09 Calculated using Price: 10.21
Dividend Yield 0.00 Period Ending 2021-03
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
-0.68%
1 Week
+13.44%
1 Month
-5.72%
3 Month
+1.19%
6 Month
+27.78%
1 Year
+82.32%
2 Year
+206.61%
5 Year
-66.02%
10 Year
-36.98%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -16.44 -16.73 -84.90 -31.44
Return on Capital Employed (%) 7.40 6.50 1.08 6.29 7.52 -2.54 -33.34 -27.24
Return on Assets (%) -1.10 -0.98 -3.10 -0.66 -1.49 -6.38 -14.15 -8.44 -21.24

Balance Sheet View Details

Particulars 10 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. 2021-09* Rs. Cr.
Shh. Funds 67 66 88 88 71 50 3 -22 -69 -81
Non Curr. Liab. 37 37 26 26 27 20 6 -4 6 5
Curr. Liab. 182 213 242 222 201 285 293 294 241 248
Minority Int.
Equity & Liab. 286 316 356 336 299 354 302 269 177 172
Non Curr. Assets 120 119 151 149 172 166 169 175 168 165
Curr. Assets 166 197 205 187 127 188 133 94 10 7
Misc. Exp. not W/O
Total Assets 286 316 356 336 299 354 302 269 177 172

Profit Loss View Details

Particulars 10 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. 2021-12 Rs. Cr. TTM
Net Sales 198 163 186 180 182 96 155 153 79 3
Other Income 0 0 0 1 4 3 5 4 13 2
Total Income 198 163 186 181 186 99 160 157 92 5
Total Expenditure -178 -147 -181 -168 -170 -97 -182 -161 -108 -21
PBIDT 20 16 6 13 15 2 -22 -4 -15 -17
Interest -16 -13 -16 -14 -15 -18 -20 -15 -18 -16
Depreciation -7 -6 -4 -4 -4 -5 -5 -5 -5 -5
Taxation 0 0 4 3 -1 0 -9 -9
Exceptional Items -1
PAT -3 -3 -10 -2 -5 -21 -46 -24 -47 -47
Adjusted EPS -3 -3 -10 -2 -3 -14 -32 -17 -33 -33

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. -3 20 13 26 7 30 23 34 32 7
Cash Fr. Inv. -4 -2 -5 -4 -2 -14 -5 -4 -9 -1
Cash Fr. Finan. 6 -19 -8 -23 -5 -16 -17 -28 -24 -7
Net Change -2 -1 0 -1 0 0 0 2 -1 0
Cash & Cash Eqvt 3 2 2 1 1 1 0 2 1 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 69.19 69.19 69.19 68.47 68.47 68.47 68.47 68.47 68.47
Public 30.81 30.81 30.81 31.53 31.53 31.53 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

Wed, 11 May 2022
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that Sixth meeting of Committee of Creditors of the company was convened on Tuesday May 10 2022.The CoC discussed various matters relating to the CIRP. Further the three resolution applicants presented their resolution plans.Further developments in this regard shall be intimated to your good office on a regular basis.
Mon, 02 May 2022
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that Mr. Jitendra Kumar Pachisia has tendered his resignation from the post of Chief Financial Officer of the Company with effect from May 01 2022.
Sat, 30 Apr 2022
Reg. 7(3) - Compliance Certificate For The Period Ended 31St March 2022
Pursuant to Regulation (Reg. 7 (3) SEBI (LODR) Regulations 2015) please find the Compliance Certificate for 31st March 2022.

Technical Scans View Details

Fri, 20 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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