| Sector |
Fast Moving Consumer Goods
|
Compare with Sector peers |
| Industry |
Consumer Food
|
Compare with Industry peers |
| Website | http://www.maizeproducts.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 182.36 Cr. | |
| Earnings per share (EPS) | 43.73 | Trailing Twelve Months Ending 2021-06 |
| Price-Earning Ratio (PE) | 6.60 | Trailing Twelve Months Ending 2021-06 |
| Industry PE | 57.81 | Trailing Twelve Months Ending 2021-06 |
| Book Value / Share | 156.49 | Trailing Twelve Months Ending 2021-06 |
| Price to Book Value | 1.84 | Calculated using Price: 288.55 |
| Dividend Yield | 0.35 | Period Ending 2020-03 |
| No. of Shares Subscribed | 0.63 Cr. | 6,320,000 Shares |
| FaceValue | 5 | |
| Company Profile | ||
|
Established in 1941, Sayaji Industries Limited (SIL) is the flagship company of the Sayaji Group. SIL started as corn wet milling Unit with a modest corn crushing capacity of one Ton/Day in Ahmedabad, mainly to cater to its own textile Units besides the other textile units located in the city. It has gradually developed facilities to manufacture modified starches and other derivatives like liquid glucose, dextrose monohydrate, dextrose anhydrous, sorbitol etc and is amongst the front runners in the corn wet milling business. The company’s Research & Development (R&D) have also saved substantial amount of foreign exchange for the country by developing import substitute products. The Board of awards for import substitution recognizing this contribution and awarded Maize Products with the National Award for import substation in the year 1976. SIL has been awarded ISO 9001:2008 certification for its commitment to quality. The company was also granted Export House Status by the Joint Director General of Foreign Trade, Government of India for the exports done which helps the company to obtain a lower credit against the exports and reduces the procedural requirements for the exports done by the company. SIL is the largest exporter in the Indian starch industry. To cater to the domestic demand, SIL has office at Ahmedabad, Mumbai, Delhi, Chennai, and Kolkata. Business area of the company: The company functions under the Consumer food sector. They cater their business in to following industries: Textiles, Paper and gypsum, , Consumer products, Food & beverages, Functional ingredients, Animal nutrition, Breweries & distilleries, Industry packaging solutions and Real estate. Group companies:
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Company Profile
Established in 1941, Sayaji Industries Limited (SIL) is the flagship company of the Sayaji Group. SIL started as corn wet milling Unit with a modest corn crushing capacity of one Ton/Day in Ahmedabad, mainly to cater to its own textile Units besides the other textile units located in the city. It has gradually developed facilities to manufacture modified starches and other derivatives like liquid glucose, dextrose monohydrate, dextrose anhydrous, sorbitol etc and is amongst the front runners in the corn wet milling business.
The company’s Research & Development (R&D) have also saved substantial amount of foreign exchange for the country by developing import substitute products. The Board of awards for import substitution recognizing this contribution and awarded Maize Products with the National Award for import substation in the year 1976.
SIL has been awarded ISO 9001:2008 certification for its commitment to quality. The company was also granted Export House Status by the Joint Director General of Foreign Trade, Government of India for the exports done which helps the company to obtain a lower credit against the exports and reduces the procedural requirements for the exports done by the company. SIL is the largest exporter in the Indian starch industry. To cater to the domestic demand, SIL has office at Ahmedabad, Mumbai, Delhi, Chennai, and Kolkata.
Business area of the company:
The company functions under the Consumer food sector. They cater their business in to following industries: Textiles, Paper and gypsum, , Consumer products, Food & beverages, Functional ingredients, Animal nutrition, Breweries & distilleries, Industry packaging solutions and Real estate.
Group companies:
| 1 Day |
|
-4.99% |
| 1 Week |
|
+8.93% |
| 1 Month |
|
+21.67% |
| 3 Month |
|
+60.31% |
| 6 Month |
|
+89.46% |
| 1 Year |
|
+138.37% |
| 2 Year |
|
+94.97% |
| 5 Year |
|
| 5 years | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | |
| Return on Equity (%) | 7.90 | 7.00 | 9.80 | 35.03 | -1.83 | |
| Return on Capital Employed (%) | 11.08 | 10.65 | 12.58 | 21.79 | 5.47 | |
| Return on Assets (%) | 1.65 | 1.60 | 2.40 | 8.52 | -0.43 |
| Particulars | 5 years | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Shh. Funds | 53 | 59 | 64 | 80 | 77 | |
| Non Curr. Liab. | 65 | 43 | 48 | 75 | 61 | |
| Curr. Liab. | 137 | 136 | 151 | 173 | 207 | |
| Minority Int. | 0 | 1 | 1 | 0 | ||
| Equity & Liab. | 255 | 238 | 264 | 329 | 346 | |
| Non Curr. Assets | 155 | 145 | 172 | 215 | 223 | |
| Curr. Assets | 101 | 94 | 92 | 114 | 122 | |
| Misc. Exp. not W/O | ||||||
| Total Assets | 255 | 238 | 264 | 329 | 346 |
| Particulars | 5 years | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Net Sales | 503 | 531 | 586 | 644 | 639 | |
| Other Income | 1 | 5 | 3 | 5 | 4 | |
| Total Income | 504 | 537 | 590 | 649 | 643 | |
| Total Expenditure | -479 | -511 | -559 | -615 | -619 | |
| PBIDT | 25 | 26 | 31 | 34 | 24 | |
| Interest | -11 | -11 | -12 | -12 | -17 | |
| Depreciation | -8 | -9 | -8 | -10 | -11 | |
| Taxation | -2 | -2 | -4 | -8 | 3 | |
| Exceptional Items | 0 | 21 | ||||
| PAT | 4 | 4 | 6 | 25 | -1 |
| Particulars | 5 years | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Cash Fr. Operatn. | 20 | 20 | 29 | 23 | 43 | |
| Cash Fr. Inv. | -22 | -10 | -34 | -35 | -23 | |
| Cash Fr. Finan. | 1 | -9 | 4 | 12 | -21 | |
| Net Change | 0 | 0 | 0 | 0 | 0 | |
| Cash & Cash Eqvt | 1 | 1 | 1 | 1 | 0 |
|
Mon, 02 Aug 2021
Board Meeting Outcome for Revised Outcome Of Board Meeting This is with reference to our letter dated 31st July 2021 submitting the Unaudited Standalone and Consolidated Financial results for the quarter ended 30th June 2021 and Outcome of Board Meeting. We bring to your kind notice that signature of auditor is missing on page 2 of limited review report on Consolidated Financial results and this has happened while scanning the relevant pages. We now submit the rectified Unaudited Standalone and Consolidated Financial results for the quarter ended 30th June 2021 with the signature of auditor on page 2 of their limited review report on Consolidated Financial results. We also bring to your kind notice that except the change mentioned above there is no other change in the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 2021 and all other figures and maters remains the same. |
|
Mon, 02 Aug 2021
Results - Financial Results For The Quarter Ended 30.06.2021 This is with reference to our letter dated 31st July 2021 submitting the Unaudited Standalone and Consolidated Financial results for the quarter ended 30th June 2021 and Outcome of Board Meeting. We bring to your kind notice that signature of auditor is missing on page 2 of limited review report on Consolidated Financial results and this has happened while scanning the relevant pages. We now submit the rectified Unaudited Standalone and Consolidated Financial results for the quarter ended 30th June 2021 with the signature of auditor on page 2 of their limited review report on Consolidated Financial results. We also bring to your kind notice that except the change mentioned above there is no other change in the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 2021 and all other figures and maters remains the same. |
|
Sat, 31 Jul 2021
Results - Financial Results For The Quarter Ended 30.06.2021 The Board of Directors at its meeting held on 31st July 2021 has taken along with other decisions the following decisions: Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended 30th June 2021 along with unmodified limited review report from statutory auditors duly reviewed by the audit committee. |
| Wed, 04 Aug 2021 |
High Delivery Percentage
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Higher Delivery Quantity
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Higher Delivery Quantity and Percentage
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Higher Trade Quantity
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Higher Trade and Delivery Quantity
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