Rajshree Sugars & Chemicals Limited (RAJSREESUG) AI Stock Analysis

Rajshree Sugars & Chemicals Limited

(NSE:RAJSREESUG)

Select Model

Rating:41Neutral

Price Target:INR 25.00▼(-4.76% Downside)

Action:reiterated

Date:10/13/26

The overall score is very low, driven primarily by a significant deterioration in financial performance, particularly the shift to negative free cash flow. This is compounded by weak technical momentum and a negative P/E ratio, indicating a lack of current earnings power. The primary risk is the company's inability to generate cash, which threatens its financial stability.

Positive Factors

Integrated Sugarcane Value ChainThe integrated model can diversify monetization across sugar, alcohol or ethanol, power, and by-products rather than relying on one output alone. Using residues and derivatives from the same sugarcane feedstock may improve resource utilization and provide operational flexibility as product economics change.

Negative Factors

Severely Thin and Declining MarginsVery thin net profitability leaves little cushion against adverse changes in operating costs, sugar realizations, or other business conditions. The decline in gross and EBITDA margins from FY2024 also suggests that recent revenue growth has not translated into durable operating leverage or resilient earnings power.

Rajshree Sugars & Chemicals Limited (RAJSREESUG) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 873.12M
Dividend Yield: ―
Average Volume (3M): 6,827
Price to Earnings (P/E): -10.8
Beta (1Y): 1.61
Revenue Growth: 2.64%
EPS Growth: 32.85%
Country: India
Employees: 998
Sector: General
Sector Strength: 55
Industry: Agricultural - Commodities/Milling

Rajshree Sugars & Chemicals Limited Business Overview & Revenue Model

Company Description

Rajshree Sugars & Chemicals Ltd. engages in the manufacture of sugar, distillery, power, and biotechnology products. The firm's products include crystal white sugar, demerara sugar, white sugar sachets,. and demerara sugar sachet. It operates through...

How the Company Makes Money

RAJSREESUG makes money primarily through an integrated sugarcane-processing model that monetizes multiple outputs from the same feedstock. Key revenue streams include: (1) Sugar sales: Revenue is generated from selling manufactured sugar into domesti...

Rajshree Sugars & Chemicals Limited Financial Statement Overview

Summary

Financial performance is weak. The Income Statement shows declining revenue, thin net margins (0.2%), and an 86% drop in net income. The Balance Sheet has a manageable debt-to-equity of 1.26x but low returns on equity. Critically, the Cash Flow Statement reveals a swing to negative operating and free cash flow in FY2026, raising significant concerns about financial flexibility.

Income Statement

25Negative

Balance Sheet

35Negative

Cash Flow

20Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.57B	5.45B	6.42B	7.64B	7.67B	4.68B
Gross Profit	1.22B	964.40M	995.36M	1.93B	1.99B	1.23B
EBITDA	301.83M	374.95M	505.03M	684.38M	591.29M	436.91M
Net Income	-80.52M	11.36M	80.91M	137.58M	-89.69M	-31.76M
Balance Sheet
Total Assets	0	7.06B	6.87B	8.06B	8.19B	9.38B
Cash, Cash Equivalents and Short-Term Investments	69.66M	69.70M	13.43M	49.73M	18.94M	25.36M
Total Debt	0	3.32B	2.99B	3.93B	4.01B	4.27B
Total Liabilities	-2.63B	4.43B	4.22B	5.41B	5.67B	6.77B
Stockholders Equity	2.63B	2.63B	2.64B	2.65B	2.51B	2.61B
Cash Flow
Free Cash Flow	-202.99M	-382.75M	624.65M	343.87M	115.19M	231.37M
Operating Cash Flow	-190.29M	-343.57M	669.70M	385.54M	155.44M	237.56M
Investing Cash Flow	-12.70M	86.29M	175.60M	-32.35M	467.32M	76.84M
Financing Cash Flow	273.62M	313.56M	-881.65M	-322.41M	-629.18M	-310.03M

Rajshree Sugars & Chemicals Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price26.25

Price Trends

50DMA32.17Negative

100DMA31.94Negative

200DMA31.46Negative

Market Momentum

MACD-1.30Positive

RSI37.60Neutral

STOCH17.60Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RAJSREESUG, the sentiment is Negative. The current price of 26.25 is below the 20-day moving average (MA) of 28.48, below the 50-day MA of 32.17, and below the 200-day MA of 31.46, indicating a bearish trend. The MACD of -1.30 indicates Positive momentum. The RSI at 37.60 is Neutral, neither overbought nor oversold. The STOCH value of 17.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RAJSREESUG.

Rajshree Sugars & Chemicals Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:RAJSREESUG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:RANASUG	58Neutral	INR 1.80B	30.61	―	―	-5.87%	-84.48%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SAKHTISUG	46Neutral	INR 1.92B	6.99	―	―	16.25%	30.67%
IN:KOTARISUG	45Neutral	INR 1.86B	34.05	―	―	-8.21%	-55.42%
IN:SIMBHALS	41Neutral	INR 270.79M	-0.55	―	―	―	―
IN:VISHWARAJ	41Neutral	INR 1.02B	-2.87	―	―	-27.77%	-1.41%
IN:RAJSREESUG	41Neutral	INR 869.81M	-10.84	―	―	2.64%	32.85%

* General Sector Average

Performance Comparison

IN:RAJSREESUG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:RAJSREESUG	Rajshree Sugars & Chemicals Limited	26.25	-14.05	-34.86%
IN:KOTARISUG	Kothari Sugars & Chemicals Ltd.	22.47	-8.25	-26.86%
IN:RANASUG	Rana Sugars Limited	11.70	-2.80	-19.31%
IN:SAKHTISUG	Sakthi Sugars Limited	16.17	-4.50	-21.77%
IN:SIMBHALS	Simbhaoli Sugars Ltd	6.56	-4.74	-41.95%
IN:VISHWARAJ	Vishwaraj Sugar Industries Ltd.	4.70	-3.24	-40.81%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 13, 2026

Rajshree Sugars & Chemicals Limited AI Stock Analysis