Sukhjit Starch & Chemicals Limited (SUKHJITS) - Net Assets
Based on the latest financial reports, Sukhjit Starch & Chemicals Limited (SUKHJITS) has net assets worth Rs5.50 Billion INR (≈ $59.46 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.54 Billion ≈ $124.78 Million USD) and total liabilities (Rs6.04 Billion ≈ $65.32 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Sukhjit Starch & Chemicals Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.50 Billion |
| % of Total Assets | 47.65% |
| Annual Growth Rate | 13.62% |
| 5-Year Change | 63.25% |
| 10-Year Change | 152.54% |
| Growth Volatility | 8.88 |
Sukhjit Starch & Chemicals Limited - Net Assets Trend (2004–2024)
This chart illustrates how Sukhjit Starch & Chemicals Limited's net assets have evolved over time, based on quarterly financial data. Also explore SUKHJITS total assets for the complete picture of this company's asset base.
Annual Net Assets for Sukhjit Starch & Chemicals Limited (2004–2024)
The table below shows the annual net assets of Sukhjit Starch & Chemicals Limited from 2004 to 2024. For live valuation and market cap data, see market value of Sukhjit Starch & Chemicals Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | Rs5.43 Billion ≈ $58.73 Million |
+8.05% |
| 2023-09-30 | Rs5.03 Billion ≈ $54.36 Million |
+7.97% |
| 2022-09-30 | Rs4.66 Billion ≈ $50.35 Million |
+12.83% |
| 2021-09-30 | Rs4.13 Billion ≈ $44.62 Million |
+24.02% |
| 2020-09-30 | Rs3.33 Billion ≈ $35.98 Million |
+5.74% |
| 2019-09-30 | Rs3.15 Billion ≈ $34.02 Million |
+11.23% |
| 2018-09-30 | Rs2.83 Billion ≈ $30.59 Million |
+5.27% |
| 2017-09-30 | Rs2.69 Billion ≈ $29.06 Million |
+17.53% |
| 2016-09-30 | Rs2.29 Billion ≈ $24.72 Million |
+6.30% |
| 2015-09-30 | Rs2.15 Billion ≈ $23.26 Million |
+9.42% |
| 2014-09-30 | Rs1.97 Billion ≈ $21.25 Million |
+11.59% |
| 2013-09-30 | Rs1.76 Billion ≈ $19.05 Million |
+7.85% |
| 2012-09-30 | Rs1.63 Billion ≈ $17.66 Million |
+11.23% |
| 2011-09-30 | Rs1.47 Billion ≈ $15.88 Million |
+13.18% |
| 2010-09-30 | Rs1.30 Billion ≈ $14.03 Million |
+31.74% |
| 2009-09-30 | Rs984.75 Million ≈ $10.65 Million |
+10.30% |
| 2008-09-30 | Rs892.76 Million ≈ $9.65 Million |
+11.65% |
| 2007-09-30 | Rs799.64 Million ≈ $8.65 Million |
+23.29% |
| 2006-09-30 | Rs648.57 Million ≈ $7.01 Million |
+39.85% |
| 2005-09-30 | Rs463.75 Million ≈ $5.02 Million |
+9.84% |
| 2004-09-30 | Rs422.18 Million ≈ $4.57 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sukhjit Starch & Chemicals Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12950299900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs129.50 Million | 2.38% |
| Common Stock | Rs156.22 Million | 2.88% |
| Other Comprehensive Income | Rs4.89 Billion | 90.13% |
| Other Components | Rs250.08 Million | 4.60% |
| Total Equity | Rs5.43 Billion | 100.00% |
Sukhjit Starch & Chemicals Limited Competitors by Market Cap
The table below lists competitors of Sukhjit Starch & Chemicals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halmont Properties Corporation
V:HMT
|
$60.72 Million |
|
PJ Metal Co. Ltd
KQ:128660
|
$60.76 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$60.79 Million |
|
Evertex Fabrinology Ltd
TW:1470
|
$60.80 Million |
|
KB SPAC 7
KQ:214270
|
$60.69 Million |
|
Gujarat Apollo Industries Limited
NSE:GUJAPOLLO
|
$60.69 Million |
|
Borgestad A
OL:BOR
|
$60.69 Million |
|
Jade Gas Holdings Ltd
AU:JGH
|
$60.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sukhjit Starch & Chemicals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,026,439,000 to 5,430,787,000, a change of 404,348,000 (8.0%).
- Net income of 399,511,000 contributed positively to equity growth.
- Dividend payments of 1,150,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,829,472,000.
- Other factors decreased equity by 4,823,485,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs399.51 Million | +7.36% |
| Dividends Paid | Rs1.15 Million | -0.02% |
| Other Comprehensive Income | Rs4.83 Billion | +88.93% |
| Other Changes | Rs-4.82 Billion | -88.82% |
| Total Change | Rs- | 8.04% |
Book Value vs Market Value Analysis
This analysis compares Sukhjit Starch & Chemicals Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.69x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-09-30 | Rs14.16 | Rs179.69 | x |
| 2005-09-30 | Rs15.60 | Rs179.69 | x |
| 2006-09-30 | Rs43.75 | Rs179.69 | x |
| 2007-09-30 | Rs54.04 | Rs179.69 | x |
| 2008-09-30 | Rs60.37 | Rs179.69 | x |
| 2009-09-30 | Rs66.62 | Rs179.69 | x |
| 2010-09-30 | Rs87.82 | Rs179.69 | x |
| 2011-09-30 | Rs99.41 | Rs179.69 | x |
| 2012-09-30 | Rs110.58 | Rs179.69 | x |
| 2013-09-30 | Rs119.27 | Rs179.69 | x |
| 2014-09-30 | Rs133.15 | Rs179.69 | x |
| 2015-09-30 | Rs145.70 | Rs179.69 | x |
| 2016-09-30 | Rs154.88 | Rs179.69 | x |
| 2017-09-30 | Rs182.03 | Rs179.69 | x |
| 2018-09-30 | Rs191.63 | Rs179.69 | x |
| 2019-09-30 | Rs213.15 | Rs179.69 | x |
| 2020-09-30 | Rs225.39 | Rs179.69 | x |
| 2021-09-30 | Rs264.10 | Rs179.69 | x |
| 2022-09-30 | Rs298.00 | Rs179.69 | x |
| 2023-09-30 | Rs321.75 | Rs179.69 | x |
| 2024-09-30 | Rs173.82 | Rs179.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sukhjit Starch & Chemicals Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.67%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.90x
- Recent ROE (7.36%) is below the historical average (13.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.08% | 2.68% | 0.98x | 2.31x | Rs-16.39 Million |
| 2005 | 13.02% | 4.70% | 1.26x | 2.20x | Rs13.90 Million |
| 2006 | 30.34% | 11.70% | 1.14x | 2.28x | Rs131.35 Million |
| 2007 | 24.29% | 10.30% | 1.09x | 2.16x | Rs113.97 Million |
| 2008 | 12.23% | 5.15% | 1.20x | 1.97x | Rs19.85 Million |
| 2009 | 14.58% | 5.36% | 1.29x | 2.10x | Rs45.08 Million |
| 2010 | 29.18% | 10.95% | 1.36x | 1.95x | Rs248.58 Million |
| 2011 | 14.21% | 5.82% | 1.21x | 2.02x | Rs61.81 Million |
| 2012 | 12.75% | 4.93% | 1.15x | 2.25x | Rs44.80 Million |
| 2013 | 9.00% | 3.12% | 1.27x | 2.27x | Rs-17.54 Million |
| 2014 | 11.66% | 4.30% | 1.29x | 2.11x | Rs32.63 Million |
| 2015 | 10.45% | 3.97% | 1.40x | 1.88x | Rs9.63 Million |
| 2016 | 7.87% | 2.75% | 1.58x | 1.81x | Rs-48.64 Million |
| 2017 | 8.44% | 3.23% | 1.35x | 1.93x | Rs-41.97 Million |
| 2018 | 14.56% | 5.56% | 1.25x | 2.10x | Rs129.01 Million |
| 2019 | 10.53% | 4.15% | 1.00x | 2.54x | Rs16.70 Million |
| 2020 | 6.28% | 2.99% | 0.88x | 2.40x | Rs-123.60 Million |
| 2021 | 17.66% | 6.29% | 1.37x | 2.06x | Rs315.87 Million |
| 2022 | 13.61% | 4.38% | 1.52x | 2.05x | Rs168.10 Million |
| 2023 | 9.94% | 3.63% | 1.35x | 2.03x | Rs-3.02 Million |
| 2024 | 7.36% | 2.67% | 1.45x | 1.90x | Rs-143.57 Million |
Industry Comparison
This section compares Sukhjit Starch & Chemicals Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $5,414,418,966
- Average return on equity (ROE) among peers: 19.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sukhjit Starch & Chemicals Limited (SUKHJITS) | Rs5.50 Billion | 6.08% | 1.10x | $60.72 Million |
| Aarti Industries Limited (AARTIIND) | $5.93 Billion | 17.40% | 1.80x | $1.99 Billion |
| Aarti Surfactants Limited (AARTISURF) | $1.68 Billion | 7.56% | 1.39x | $37.34 Million |
| ABM International Limited (ABMINTLLTD) | $161.33 Million | 4.08% | 2.02x | $4.23 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $1.71 Billion | 11.54% | 1.37x | $420.87 Million |
| Aether Industries Limited (AETHER) | $782.77 Million | 51.04% | 2.84x | $1.68 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $12.38 Billion | 19.18% | 0.88x | $1.45 Billion |
| Alkali Metals Limited (ALKALI) | $658.97 Million | 9.93% | 0.56x | $7.38 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $5.37 Billion | 40.12% | 0.46x | $838.56 Million |
| Ami Organics Limited (AMIORG) | $389.92 Million | 30.90% | 1.80x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $25.08 Billion | 7.21% | 0.51x | $1.65 Billion |
About Sukhjit Starch & Chemicals Limited
The Sukhjit Starch & Chemicals Limited, an agro-processing company, engages in the production and sale of starch and its derivatives in India. It operates through four segments: Starch & Its Derivatives, Readymade Garments, Leasing & Hire Purchase Financing, and Manufacturing of Heavy Machinery. The company offers maize starch, dextrines, monohydrate dextrose, sorbitol, anhydrous dextrose, liquid… Read more