Sukhjit Starch & Chemicals Limited has informed the Exchange about Transcript
SUKHJITS · price
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Sukhjit Starch & Chemicals reported Q1 FY26 revenue of Rs. 367.20 crores, with EBITDA at Rs. 19.89 crores (up 14.1% quarter-on-quarter) at a margin of 5.42%. Net profit jumped 94.7% sequentially to Rs. 4.75 crores, with management confirming no inventory loss was booked. Management highlighted price stabilization in starch products, a correction in maize raw material costs, and rising offtake from food, paper, textile, pharma, and FMCG customers. The company has completed 200 tons of capacity expansion out of a planned 400 tons, funded entirely through internal accruals, with the balance expected over the next two quarters. Capacity utilization is targeted at 80-85% for the year. Management expressed optimism about H2 FY26 on improving demand and government support for maize cultivation.
The strong sequential jump in profit and improving margins suggest a recovery in the starch business after a soft phase, which is positive for the stock. However, management declined to share customer concentration, contract details, or industry volume data, limiting visibility into underlying business quality.