SmallCap stock engaged in the business of Buying, Processing, Marketing, and Exporting bulk agricultural commodities and many more jumped 6 percent in the day’s trade following a proposal for the bonus issue of equity shares of the company. 

With a market capitalization of Rs. 1,138.79 Crores, the shares of Sakuma Exports Limited closed at Rs. 36.32 per equity share, up 0.72 percent from its previous day’s close price of Rs. 36.06. 

As per the latest filing on BSE, The Board of Directors of Sakuma Exports Limited has scheduled a meeting on July 1, 2024, Monday to consider and approve the proposal for the issue of bonus shares to the equity shareholders of the company and consider any other line of business. 

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Sakuma Exports Limited is engaged in the business of Buying, Processing, Marketing, and Exporting bulk agricultural commodities like Sugar, Edible Oils, Oil Seeds, Pulses, Cotton, and many more. It also offers innovative financial structured products linked to physical commodities. 

Sakuma Exports Limited operates its business in four vertices namely, International Trade of Agro Commodities, Petrochemicals, Petroleum, and Minerals Renewable Energy Distribution, and Supply Chain Management 

Its Revenue from Operations declined by 50.21 percent from Rs. 1,005.24 Crores in Q4YF23 to Rs. 500.55 Crores in Q4FY24, accompanied by profits of Rs. 10.11 Crores to Rs. 26.01 Crores. 

In terms of Return ratios, it has reported a return on equity (ROE) of 8.93 percent, and a return on capital employed (ROCE) of 10 percent. It has reported a debt-to-equity ratio of 0.21. 

Written by: Bharath K.S 


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