Company Valuation: Shree Renuka Sugars Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 8,913 19,476 75,774 93,866 84,501 58,704
Change - 118.5% 289.07% 23.88% -9.98% -30.53%
Enterprise Value (EV) 1 32,529 63,559 127,888 147,883 142,062 116,968
Change - 95.39% 101.21% 15.63% -3.94% -17.66%
P/E 0.42x -16.1x -54.7x -47.4x -13.5x -19.6x
PBR -1.01x -2.94x -12.5x -10.7x -5.88x -3.5x
PEG - 0x -3.9x -1.1x -0x 0.4x
Capitalization / Revenue 0.18x 0.34x 1.18x 1.04x 0.75x 0.55x
EV / Revenue 0.67x 1.13x 1.99x 1.64x 1.26x 1.1x
EV / EBITDA 16x 11.8x 30.5x 23.3x 20.4x 18.5x
EV / EBIT 716x 18.5x 57.1x 37.1x 32.1x 32x
EV / FCF -0.68x -3.37x -18.2x -601x 155x 474x
FCF Yield -148% -29.7% -5.49% -0.17% 0.64% 0.21%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 10.95 -0.57 -0.6509 -0.93 -2.95 -1.41
Distribution rate - - - - - -
Net sales 1 48,812 56,485 64,326 90,207 113,190 105,891
EBITDA 1 2,029 5,394 4,187 6,358 6,968 6,318
EBIT 1 45.45 3,435 2,241 3,987 4,422 3,658
Net income 1 20,992 -1,148 -1,385 -1,970 -6,271 -2,998
Net Debt 1 23,616 44,083 52,114 54,016 57,561 58,264
Reference price 2 4.65 9.15 35.60 44.10 39.70 27.58
Nbr of stocks (in thousands) 1,916,819 2,128,490 2,128,490 2,128,490 2,128,490 2,128,490
Announcement Date 8/16/20 8/11/21 8/25/22 9/2/23 9/2/24 9/1/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 551M
31.79x0.53x7.21x1.29% 2.99B
21.36x1.75x11.21x5.05% 2.02B
-259.04x1.72x8.48x3.17% 1.59B
33.27x2.74x22.08x0.52% 1.48B
15.45x1.8x4.01x2.08% 1.16B
Average -31.44x 1.70x 10.60x 2.42% 1.63B
Weighted average by Cap. -22.39x 1.51x 10.28x 2.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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