# Sukhjit Starch & Chemicals share price (Sukhjit Starch & Chemicals Ltd, NSE: SUKHJITS) > Sukhjit Starch & Chemicals share price: ₹160.00 at the NSE close on 14 August 2026, the latest close in our records; down 5.1% in the year to that date. Sukhjit Starch & Chemicals (NSE: SUKHJITS) is worth ₹499 crore, trades at a P/E of 14.6 and has closed between ₹140.65 and ₹216.55 over the past 52 weeks. > Sukhjit Starch & Chemicals Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SUKHJITS · Agricultural Processing - Maize · data as of 14 August 2026. Page: https://www.sectoralpha.in/stocks/sukhjit-starch-chemicals-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: ₹160.00 (−5.1% in a year) - P/E: 14.6× (higher than 60% of the last 10 years) - Revenue (Jun 2026): ₹396 Cr (+7.3% on a year ago) - Profit (Jun 2026): ₹12.0 Cr (+140.0% on a year ago) - Operating margin: 8.0% (+3.0 points on a year ago) - ROCE: 6%, FY26 - ROIC: 7.4%, against a 12.0% cost of capital: −4.6 points The main question: the share price moved −5.1% in a year while yearly earnings per share moved −32.4%. The difference came from the market paying a higher multiple. ## What is the Sukhjit Starch & Chemicals share price? Sukhjit Starch & Chemicals Ltd's share price was ₹160.00 at the close on 14 August 2026. It has been falling for 4 weeks. That is 8.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 9 weeks running. In the last 52 weeks it traded between ₹141 and ₹217, and at that close it sat 25% of the way up from that low. Over the last 10 years the share price moved +179% while the NIFTY 500 moved +276%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sukhjit Starch & Chemicals this quarter? One change stood out: operating margin up 3 points on a year earlier. 1. Operating margin up 3 points on a year earlier 8% in the June 2026 quarter, from 5%. ## What are Sukhjit Starch & Chemicals' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Sukhjit Starch & Chemicals reported revenue of ₹396 crore, up 7.3% from ₹369 crore a year earlier, and a profit of ₹12.0 crore, up 140.0% from ₹5.00 crore. ### Sukhjit Starch & Chemicals results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹396 crore | ₹369 crore | +7.3% | | Profit | ₹12.0 crore | ₹5.00 crore | +140.0% | | Earnings per share | ₹3.89 | ₹1.60 | +143.1% | | Operating margin | 8.0% | 5.0% | +3.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 13 November 2025, about July to September 2025; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Sukhjit Starch & Chemicals share price history? Sukhjit Starch & Chemicals closed at ₹160.00 on 14 August 2026, down 5.1% from ₹168.60 a year earlier (14 August 2025) and up 20.8% over five years. Its highest weekly close since March 2016 was ₹296.48 on 18 October 2024. ### Sukhjit Starch & Chemicals share price: then and now | When | Close | Change to 14 Aug 2026 | | --- | --- | --- | | 1 week ago · 7 Aug 2026 | ₹161.95 | −1.2% | | 1 month ago · 17 Jul 2026 | ₹161.30 | −0.8% | | 6 months ago · 13 Feb 2026 | ₹166.05 | −3.6% | | 1 year ago · 14 Aug 2025 | ₹168.60 | −5.1% | | 3 years ago · 11 Aug 2023 | ₹212.13 | −24.6% | | 5 years ago · 13 Aug 2021 | ₹132.45 | +20.8% | | 10 years ago · 12 Aug 2016 | ₹78.74 | +103.2% | | Earliest weekly close in our records · 4 Mar 2016 | ₹57.35 | +179.0% | | Highest weekly close since March 2016 · 18 Oct 2024 | ₹296.48 | −46.0% | | Lowest weekly close since March 2016 · 23 Mar 2016 | ₹56.23 | +184.5% | | 52-week high (weekly close) · 27 Feb 2026 | ₹216.55 | −26.1% | | 52-week low (weekly close) · 27 Mar 2026 | ₹140.65 | +13.8% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 14 Aug 2026 close. A day's intraday high or low can go beyond these weekly closes. (551 weekly closes from 4 March 2016 to 14 August 2026.) ## What is the latest news on Sukhjit Starch & Chemicals? 20 Aug 2026: ex-date for a dividend of ₹1 a share. 14 Aug 2026: Sukhjit Starch & Chemicals closed at ₹160.00, down 1.2% on the week and down 0.8% on the month. ### Earlier - Results for April to June 2026: Revenue up 7.3% and profit up 140.0% on a year earlier. - 13 Nov 2025: Sukhjit Starch & Chemicals held its results call for July to September 2025. - 25 Oct 2024: Share split: face value cut from ₹10 to ₹5 a share (ex-date). ## What dividend does Sukhjit Starch & Chemicals pay? Sukhjit Starch & Chemicals paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.63% at the ₹160.00 close on 14 August 2026. The last was a dividend of ₹1 a share, ex-date 20 August 2026. ### Sukhjit Starch & Chemicals dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 20 Aug 2026 | ₹1 | Dividend | | 20 Aug 2025 | ₹1 | Dividend | | 15 Jan 2024 | ₹8 | Interim | | 15 Dec 2022 | ₹8 | Interim | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 3 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Sukhjit Starch & Chemicals Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Sukhjit Starch & Chemicals management say on the latest results call? On the call for July to September 2025, held on 13 November 2025, Sukhjit Starch & Chemicals' management spoke about the quarter; the main points are below. > “Maize cost in India is at a level which is equal to or equivalent to what our competitors in other countries would be getting at. So I think it is a very good sign and I think for the short term, we will start seeing export activity, and it will build up in the medium term” > Management, on the call for July to September 2025 Source: [the call transcript](https://stockdiscovery.s3.amazonaws.com/insight/india/2704/Conference Call/CC-Nov25.pdf). (From the call for July to September 2025, 13 November 2025. The April to June 2026 results are out since, so this part may be out of date until we update it.) ## Which stock lists is Sukhjit Starch & Chemicals on? Sukhjit Starch & Chemicals is not on any of our India lists this week. ## Is Sukhjit Starch & Chemicals profitable? Sukhjit Starch & Chemicals Ltd earned ₹12.0 Cr of net profit in the Jun 2026 quarter, +140.0% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹27.0 Cr. Over 10 years profit has grown 2.1% a year on average. That is 3.0% of the quarter's revenue. The same quarter a year earlier earned ₹5.0 Cr. For the full year, FY26 profit was ₹27.0 Cr (−32.5% on the year before). Why profit moved: revenue changed +7.3% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +99.5% and revenue −0.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Sukhjit Starch & Chemicals make, and is it growing? Sukhjit Starch & Chemicals Ltd reported ₹396 Cr of revenue in the Jun 2026 quarter, +7.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 9.7% a year on average. The last full year, FY26, came in at ₹1,432 Cr. The last four reported quarters add to ₹1,460 Cr. FY26 revenue was ₹1,432 Cr, −4.4% on the year before. Recent pace: the last four quarters grew −0.7% on average, against 9.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −0.8%, against +0.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +6.3%, against −19.9% a year (accelerating). ## How much of every ₹100 of sales does Sukhjit Starch & Chemicals keep? Sukhjit Starch & Chemicals Ltd's operating margin was 8.0% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 6.0% and 14.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +2.5 percentage points on the year while gross margin changed +4.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Sukhjit Starch & Chemicals' profit turning into cash? Over the last 3 years, 128% of Sukhjit Starch & Chemicals Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹4.0 Cr of operating cash against ₹27.0 Cr of profit. After ₹4.0 Cr of spending on assets, ₹0.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 128% of profit came in as cash: the cash cycle got 26 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Sukhjit Starch & Chemicals' cash go? Sukhjit Starch & Chemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 105 days in FY26, up from 79 days in FY21. It spent ₹84.0 Cr on assets over the last 3 years. Customers take 24 days to pay, and stock sits for 108 days on average. At FY26 sales of ₹1,432 Cr, each day of that cycle ties up about ₹3.9 Cr, so roughly ₹412 Cr is tied up in the business at any time. FY26: customers took 24 days to pay and stock sat for 108 days, about 3.6 months of sales sitting as stock, for a full cycle of 105 days, longer than FY21's 79. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 108 days. Customers pay about 24 days after that. Suppliers are paid at 27 days. Together that makes the 105-day cycle. Spending on assets: ₹84.0 Cr over the last 3 years, against ₹105 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹12.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Sukhjit Starch & Chemicals' P/E ratio, and how does it compare with its own history? Sukhjit Starch & Chemicals Ltd's P/E is 14.6×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 13.4×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −32.4% while the price moved −5.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +3.9% a year; about +0.4% a year came from earnings growth and about +3.5 percentage points from the multiple (the market paying more); over 10 years the price moved +7.3% a year; about +3.8% a year came from earnings growth and about +3.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Sukhjit Starch & Chemicals share price assume? Worked out from its price on 13 June 2026, Sukhjit Starch & Chemicals Ltd's share price assumed profit growth of about 13.5% a year. Over the past 10 years its profit actually grew 2.1% a year. Today its P/E is 14.6×, higher than 60% of its own last 10 years. This is a one-day reading, taken on 13 June 2026. Every other number on this page, the multiple included, uses the latest price as of 14 August 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Sukhjit Starch & Chemicals business getting better or worse? Sukhjit Starch & Chemicals Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 10.2%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Sukhjit Starch & Chemicals earn on its capital? Sukhjit Starch & Chemicals Ltd earned a ROCE of 6% in FY26. Its return on capital used (ROIC) is 4.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 1.9% net margin and 1.31× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 1.9% net margin × 1.31× asset turnover × 1.92× leverage (assets divided by equity) ≈ 4.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 7.4% − 12.0% = −4.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 7.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 4.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Sukhjit Starch & Chemicals have too much debt? Sukhjit Starch & Chemicals Ltd has total debt of ₹325 Cr against shareholder equity of ₹594 Cr as of Sep 2026, so its debt is 0.55× its equity. Year by year, that ratio went from 0.70 in FY22 to 0.61 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Sukhjit Starch & Chemicals shareholding pattern? No group of Sukhjit Starch & Chemicals Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.1 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −0.2 points over 8 quarters, to 66.2%; Foreign institutions: −0.1 points over 8 quarters, to 0.0%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Sukhjit Starch & Chemicals from balance-sheet trouble? For Sukhjit Starch & Chemicals Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sukhjit Starch & Chemicals rank in its industry? 45.3 out of 100, rank 3 of 4 in Agricultural Processing - Maize, with 77% of the evidence available. Sukhjit Starch & Chemicals Ltd scores 45.3 out of 100 against the 4 companies it is compared with in Agricultural Processing - Maize, ranking 3. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. The three scored parts add up to the total exactly: 22.1 + 10.6 + 12.6 = 45.3 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sukhjit Starch & Chemicals compared with? Sukhjit Starch & Chemicals ranks 3 of 4 Agricultural Processing - Maize companies on the 4-Factor Sector Score, with 45.3 out of 100. 1. [AVT Natural Products Ltd](https://www.sectoralpha.in/stocks/avt-natural-products-ltd) AVTNPL · leader · Sector-leading setup · 93% evidence 84.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/35 · Revenue 40.6% · Profit 53.7% · Operating margin change 5 points · 88% evidence Capital efficiency 13.5/25 · ROCE 14.2% · Operating margin 17% · 100% evidence Valuation 18.0/20 · P/E 16× · PEG 0.48 · 85% evidence Relative strength 20.0/20 · Lead over its industry 20.4% · Lead over NIFTY 500 27.4% · 1 year 18.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 32.8 + 13.5 + 18 + 20 = 84.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Gujarat Ambuja Exports Ltd](https://www.sectoralpha.in/stocks/gujarat-ambuja-exports-ltd) GAEL · quiet · Evidence leans up · 97% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 33.5/35 · Revenue 15.8% · Profit 100% · Operating margin change 9 points · 100% evidence Capital efficiency 11.3/25 · ROCE 12.5% · Operating margin 14% · 100% evidence Valuation 13.5/20 · P/E 12.5× · PEG 1.02 · 85% evidence Relative strength 2.2/20 · Lead over its industry -5.9% · Lead over NIFTY 500 -0.6% · 1 year 31.8% · 100% evidence · 5 of 12 weeks ahead Exact sum: 33.5 + 11.3 + 13.5 + 2.2 = 60.5 · What this means: Earnings are strong; relative strength in its sector is -5.9% and the one-year return is 31.8%. 3. Sukhjit Starch & Chemicals Ltd this page SUKHJITS · Evidence leans down · 77% evidence 45.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/43.75 · Revenue -0.8% · Profit 6.3% · Operating margin change 0.8 points · 100% evidence Capital efficiency 10.6/31.25 · ROCE 5.9% · Operating margin 6.8% · 100% evidence Valuation 12.6/25 · P/E 14.6× · PEG 1.5 · 85% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.1 + 10.6 + 12.6 = 45.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Sanstar Ltd](https://www.sectoralpha.in/stocks/sanstar-ltd) SANSTAR · quiet · Most evidence points down · 61% evidence 34.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.6/35 · Revenue -0.1% · Profit 63.2% · Operating margin change 8 points · 62% evidence Capital efficiency 6.8/25 · ROCE 5.8% · Operating margin 7.5% · 76% evidence Valuation 10.0/20 · P/E 43.2× · PEG n/a · 0% evidence Relative strength 2.8/20 · Lead over its industry -5.2% · Lead over NIFTY 500 0.5% · 1 year 0% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14.6 + 6.8 + 10 + 2.8 = 34.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Agricultural Processing - Maize](https://www.sectoralpha.in/sectors/agricultural-processing-maize), all 4 compared on one page. ## Which companies are close to Sukhjit Starch & Chemicals in size? Sukhjit Starch & Chemicals is the 4th largest of 4 Agricultural Processing - Maize companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Gujarat Ambuja Exports, Sanstar and AVT Natural Products. It is the smallest. ### Agricultural Processing - Maize companies close in size 1. [Gujarat Ambuja Exports Ltd](https://www.sectoralpha.in/stocks/gujarat-ambuja-exports-ltd) ₹6,388 crore 2. [Sanstar Ltd](https://www.sectoralpha.in/stocks/sanstar-ltd) ₹1,901 crore 3. [AVT Natural Products Ltd](https://www.sectoralpha.in/stocks/avt-natural-products-ltd) ₹1,338 crore 4. Sukhjit Starch & Chemicals Ltd ₹499 crore [All 4 Agricultural Processing - Maize companies, largest first](https://www.sectoralpha.in/sectors/agricultural-processing-maize#all-companies) ### Companies close in size in other industries 1. [IL&FS Engineering & Construction Co Ltd](https://www.sectoralpha.in/stocks/il-fs-engineering-construction-co-ltd) ₹499 crore · Construction - Civil/Turnkey 2. [RMC Switchgears Ltd](https://www.sectoralpha.in/stocks/rmc-switchgears-ltd) ₹499 crore · Capital Goods - Switchgear 3. Sukhjit Starch & Chemicals Ltd ₹499 crore 4. [Supreme Infrastructure India Ltd](https://www.sectoralpha.in/stocks/supreme-infrastructure-india-ltd) ₹499 crore · Engineering - Turnkey Services 5. [Transchem Ltd](https://www.sectoralpha.in/stocks/transchem-ltd) ₹499 crore · Trading ## What else do people ask about Sukhjit Starch & Chemicals? ### What were Sukhjit Starch & Chemicals's latest quarterly results? Sukhjit Starch & Chemicals Ltd reported revenue of ₹396 Cr and net profit of ₹12.0 Cr for the Jun 2026 quarter. Revenue rose 7.3% and profit rose 140.0% compared with a year earlier. Earnings per share were ₹3.89 (as of 14 August 2026). ### What is Sukhjit Starch & Chemicals's market cap? Sukhjit Starch & Chemicals Ltd's market capitalisation is ₹499 Cr at a share price of ₹160.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 14 August 2026). ### How is Sukhjit Starch & Chemicals performing? Sukhjit Starch & Chemicals Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 7.3% and profit rose 140.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 9 weeks running (as of 14 August 2026). ### Will Sukhjit Starch & Chemicals's share price go up? This page does not forecast Sukhjit Starch & Chemicals Ltd's share price. What it shows instead: the share price is ₹160.00, and it has been falling for 4 weeks. Its P/E of 14.6× is higher than 60% of its own last 10 years (as of 14 August 2026). ### Who owns Sukhjit Starch & Chemicals? Promoters own 66.2% of Sukhjit Starch & Chemicals Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 33.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 14 August 2026). ### Does Sukhjit Starch & Chemicals have too much debt? Sukhjit Starch & Chemicals Ltd has a moderate amount of debt: its debt is 0.61× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹345 Cr against equity of ₹568 Cr. Keep that borrowing in mind when reading the returns on this page (as of 14 August 2026). ### Where is Sukhjit Starch & Chemicals in its business cycle? Sukhjit Starch & Chemicals Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 14.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 14 August 2026). ### What could break the Sukhjit Starch & Chemicals story? The main question: the share price moved −5.1% in a year while yearly earnings per share moved −32.4%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 14 August 2026). ### Is Sukhjit Starch & Chemicals a stock worth studying right now? What the numbers show: Sukhjit Starch & Chemicals Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 14 August 2026). This is research, not advice. We’re not SEBI-registered.