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Sukhjit Starch & Chemicals Ltd. (India)

Main Activities: Basic Chemical Manufacturing
Full name: Sukhjit Starch & Chemicals Ltd. Profile Updated: May 10, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sukhjit Starch & Chemicals Ltd. is a company located in Phagwara, Punjab, India. It was incorporated in 1943 by two entrepreneurs who recognized the potential of maize and established a Corn Wet Milling Facility in Phagwara. Over the years, Sukhjit has grown from processing 1800 TPA of corn grind to around 600,000 TPA across four manufacturing locations in India. The company is a leader in its field and is known for its technical expertise and innovative approach. Sukhjit manufactures a range of products including Native Starch, Modified Starches, Dextrines, Liquid Glucose, HMS, Malto-Dextrin, Mono-Hydrate Dextrose, Anyhydrose Dextrose, Sorbitol-70% Solution, and various by-products. These products cater to a wide range of industries. The company is managed by an experienced Board of Directors and skilled professionals. Sukhjit's philosophy combines state-of-the-art technology with indigenous potential to produce high-quality products that meet customer requirements in a cost-effective manner. The company has a strong creditworthiness in the market and has been awarded high credit ratings by CRISIL Ratings Limited. Looking ahead, Sukhjit aims to continue its quest for growth and excellence by exploring new possibilities such as working with alternate commodities like wheat and rice, and expanding its portfolio of value-added products including HFCS, Sorbitol Powder, Functional Starches, Grain-based Alcohol, Feeds, Pet Food, and Bio-Fuel. Sukhjit is committed to the environment and has invested in state-of-the-art facilities to convert its bio-degradable waste into valuable energy. This has resulted in significant savings of petroleum products and a reduction in the company's carbon footprint.

Legal Address
Sarai Road,, Phagwara,
Phagwara; Punjab; Postal Code: 144401

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Website: http://www.sukhjitgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1943
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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60.22%
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27.27%
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6.39%
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6.12%
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0.01%
Subsidiaries
Scott Industries Limited
100%
Sukhjit Mega Food Park & Infra Ltd.
100%
Sukhjit Mega Food Park & Infra Limited
99.97%
Company Performance
Financial values in the chart are available after Sukhjit Starch & Chemicals Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-4.73%
Total operating revenue
-4.73%
Operating profit (EBIT)
-17.44%
EBITDA
-13.55%
Net Profit (Loss) for the Period
-21.6%
Total equity
0%
Operating Profit Margin (ROS)
-1.05%
Net Profit Margin
-0.81%
Return on Equity (ROE)
-67.16%

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