Sukhjit Starch & Chemicals' Q1 FY 2025-26 Quarterly Results

Result Summary

• Sukhjit Starch & Chemicals Ltd reported a 0.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 6.0%.
• Its expenses for the quarter were up by 3.7% QoQ and down 3.0% YoY.
• The net profit decreased 57.8% QoQ and decreased 63.7% YoY.
• The earnings per share (EPS) of Sukhjit Starch & Chemicals Ltd stood at 1.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sukhjit Starch & Chemicals Ltd is a company engaged in the production and sale of starch and related chemicals. The company operates within the broader chemical industry, with its products primarily serving the needs of various sectors including food, pharmaceuticals, textiles, and paper. Starch and derivatives are essential in these industries for applications ranging from thickening agents in food production to binders in paper manufacturing. Recent major developments specific to the company are not available, but it is positioned within a competitive market environment that is influenced by factors such as raw material prices, regulatory changes, and demand fluctuations in its end-use industries.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Sukhjit Starch & Chemicals Ltd reported total income of ₹372.43 crores. This represents a slight decrease of 0.1% from the previous quarter (Q4FY25), where total income was ₹372.73 crores. When compared to the same quarter in the previous year (Q1FY25), where total income stood at ₹396.06 crores, there is a year-over-year decline of 6.0%. This decline in revenue over the year could reflect various market conditions or company-specific factors. The revenue figures are crucial in assessing the company's ability to generate sales and its overall market presence.

Profitability

The profitability of Sukhjit Starch & Chemicals Ltd saw significant changes over the recent quarters. The profit before tax (PBT) for Q1FY26 was ₹6.02 crores, marking a substantial decline of 68.8% from the previous quarter's ₹19.28 crores. Compared to Q1FY25, where PBT was ₹18.47 crores, the year-over-year decrease is 67.4%. Profit after tax (PAT) also declined to ₹5.01 crores in Q1FY26 from ₹11.88 crores in Q4FY25, representing a 57.8% reduction, and a 63.7% decrease from ₹13.82 crores in Q1FY25. Earnings per share (EPS) followed a similar trend, dropping from ₹7.60 in Q4FY25 to ₹1.60 in Q1FY26, an 81.8% year-over-year reduction from ₹8.80 in Q1FY25. These figures indicate the company's reduced profitability over both the quarterly and annual periods.

Operating Metrics

The total expenses for Sukhjit Starch & Chemicals Ltd in Q1FY26 were ₹366.41 crores, a 3.7% increase from the previous quarter (Q4FY25) where expenses were ₹353.45 crores. Compared to Q1FY25, where expenses were ₹377.59 crores, there was a year-over-year decrease in expenses by 3.0%. The taxation for the company also saw a significant reduction, with Q1FY26 tax payments amounting to ₹1.01 crores, down 86.4% from ₹7.40 crores in Q4FY25 and 78.3% from ₹4.65 crores in Q1FY25. These operating metrics provide insights into the company's cost structure and tax obligations, which are vital for understanding its operational efficiency and financial health.