Ugar Sugar Works
Ugar Sugar Works Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Ugar Sugar Works Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Ugar Sugar Works Ltd trades at a P/E of 32.64× and P/B of 1.90×, against the Consumer Defensive sector median P/E of 33.39×.
Valuation
Profitability
Growth
Financial Health
Ugar Sugar Works Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Ugar Sugar Works Ltd, switchable between annual and quarterly views, consolidated or standalone.
Ugar Sugar Works Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹462.82 Cr and reported EPS of ₹1.21.
| Period | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue from Operations | 966 | 1,118 | 1,302 | 1,940 |
| Other Income | 48 | 6 | 2 | 6 |
| Total Income | 1,014 | 1,124 | 1,304 | 1,947 |
| Cost of Goods Sold (COGS) | 679 | 772 | 894 | 1,400 |
| Gross Profit | 287 | 346 | 407 | 540 |
| +Operating Expenses | 264 | 278 | 308 | 331 |
| EBITDA | 23 | 68 | 99 | 208 |
| +Non-Operating Expenses | 57 | 55 | 55 | 66 |
| Profit Before Tax (PBT) | 14 | 19 | 46 | 148 |
| +Tax Expense | 0 | 2 | 3 | 45 |
| Profit After Tax (PAT) | 14 | 17 | 43 | 103 |
| Earnings Per Share (EPS) | 1.22 | 1.52 | 3.85 | 9.16 |
| Diluted Shares Outstanding (Nos.) | 11 | 11 | 11 | 11 |
| +Additional Disclosures | 1,677 | 1,877 | 2,152 | 3,197 |
| Sales Growth % | — | 15.71 | 16.42 | 49.06 |
| YoY Sales Growth % | — | 15.71 | 16.42 | 49.06 |
| Material Cost % | 59 | 69 | 76 | 48 |
| Employee Cost % | 7 | 6 | 6 | 6 |
| Other Cost % | 20 | 19 | 18 | 12 |
| OPM % | 2 | 6 | 8 | 11 |
| Tax % | 1 | 8 | 7 | 31 |
| Profit Growth % | — | 23.87 | 154.12 | 137.83 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 9 | 55 | 88 | 190 |
Ugar Sugar Works segment analysis: revenue and profit mix.
Disclosed business segments at Ugar Sugar Works with their share of revenue and profit, switchable between consolidated and standalone reporting.
Ugar Sugar Works discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Ugar Sugar Works Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Ugar Sugar Works Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Ugar Sugar Works Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust Return on Capital Employed (ROCE) at 27.30%.
Substantial promoter holding of 46.7% indicates management confidence.
Vertically integrated business model optimizes sugar and byproduct utilization.
Diversified product portfolio includes sugar, alcohol, power, confectionery.
Leveraging byproducts like ethanol and CO2 for additional revenue.
What can break it.
Significant quarterly profit decline of -146.00% raises sustainability concerns.
High debt-to-equity ratio of 3.11 indicates elevated financial leverage.
Negative Return on Equity (-4.73%) and Earnings Per Share (-1.65).
Very low Operating Profit Margin (0.91%) suggests poor cost management.
Quarterly sales declined by -8.69%, impacting revenue generation.
What would change my mind.
Trim if P/E re-rates above 42 (~1.3× the sector multiple of 33.4). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 286.34. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Ugar Sugar Works Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ugar Sugar Works Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Ugar Sugar Works Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Ugar Sugar Works Ltd — derived from the live tape, not yesterday's close.
Ugar Sugar Works Ltd last traded at ₹41.03 with an intraday range of ₹40.23–₹42.8 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹41.03| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 47.62 | +6.59 | +16.05% |
| R3 | 45.05 | +4.02 | +9.79% |
| R2 | 43.92 | +2.89 | +7.05% |
| R1 | 42.48 | +1.45 | +3.53% |
| PIVOT | 41.35 | 0.32 | 0.79% |
| CURRENT | 41.03 | — | — |
| S1 | 34.77 | -6.26 | -15.27% |
| S2 | 37.34 | -3.69 | -9.00% |
| S3 | 38.78 | -2.25 | -5.48% |
| S4 | 39.91 | -1.12 | -2.74% |
UGARSUGAR is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 40.23 ~ 41.93
Trading Above opening range, showing Bullishness
Ugar Sugar Works Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Ugar Sugar Works Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Ugar Sugar Works Ltd stood at 36.0% of traded volume, against a 20-day average of 49.1%.
Ugar Sugar Works announcements: results, concalls, ratings, M&A.
Filings Ugar Sugar Works sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Ugar Sugar Works files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 30 documents below.
Updates
The Ugar Sugar Works Limited has informed the Exchange regarding 'Declaration of Unmodified Opinion by Auditors'.
Outcome of Board Meeting
The Ugar Sugar Works Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
The Ugar Sugar Works Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Trading Window
The Ugar Sugar Works Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…
Updates
The Ugar Sugar Works Limited has informed the Exchange regarding 'End of Crushing Season'.
Ugar Sugar Works insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Ugar Sugar Works as reported to SEBI — buying and selling signals from the people who know the business best.
Ugar Sugar Works insider activity below tracks 39 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| SOHAN SANJEEV SHIRGAOKAR | Insider | 23 Mar 2026 | buy | +2.26 L | ₹82.45 L | ₹36.56 |
| SOHAN SANJEEV SHIRGAOKAR | Insider | 23 Mar 2026 | buy | +2.26 L | ₹82.45 L | ₹36.56 |
| SOHAN SANJEEV SHIRGAOKAR | Insider | 23 Mar 2026 | buy | +2.26 L | ₹82.45 L | ₹36.56 |
| SOHAN SANJEEV SHIRGAOKAR | Insider | 23 Mar 2026 | buy | +2.26 L | ₹82.45 L | ₹36.56 |
| SACHIN RAJENDRA SHIRGAOKAR | Insider | 17 Mar 2026 | buy | +13.4 K | ₹4.98 L | ₹37.16 |
| SACHIN RAJENDRA SHIRGAOKAR | Insider | 17 Mar 2026 | buy | +13.4 K | ₹4.98 L | ₹37.16 |
| SACHIN RAJENDRA SHIRGAOKAR | Insider | 17 Mar 2026 | buy | +13.4 K | ₹4.98 L | ₹37.16 |
| SACHIN RAJENDRA SHIRGAOKAR | Insider | 17 Mar 2026 | buy | +13.4 K | ₹4.98 L | ₹37.16 |
| TARINI SANAT SHIRGAOKAR | Insider | 09 Mar 2026 | buy | +15.0 K | ₹5.63 L | ₹37.56 |
| TARINI SANAT SHIRGAOKAR | Insider | 09 Mar 2026 | buy | +15.0 K | ₹5.63 L | ₹37.56 |
Ugar Sugar Works dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Ugar Sugar Works has declared, sequenced by announce and record date.
Ugar Sugar Works corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Ugar Sugar Works Ltd: business, sector, key facts.
What Ugar Sugar Works Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Ugar Sugar Works Ltd operates in the Consumer Defensive, listed as NSE: UGARSUGAR, BSE: 530363.
Ugar Sugar Works Limited is an Indian company primarily engaged in the manufacturing and sale of sugar and alcoholic beverages. Its core business revolves around sugar production, encompassing the creation of white crystal sugar and the utilization of byproducts such as bagasse, filter cake, and molasses. This foundational sugar production forms the basis for several interconnected business segments, showcasing a vertically integrated business model.
Beyond sugar, a significant portion of Ugar Sugar's operations centers on the production and sale of industrial and potable alcohol. The company boasts a diverse portfolio of alcoholic beverages under various brand names, including Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy, U.S. Gin, Ugar XXX Rum, Gokak Falls Whisky, Milan Whisky, Hawk Gin, and Gagarin Vodka. In addition to these branded products, Ugar Sugar also produces and supplies ethanol, rectified spirit, malt spirit, and extra neutral alcohol to various industrial and commercial clients.
Further diversifying its revenue streams, Ugar Sugar also leverages byproducts from its sugar and alcohol production processes. Distillery byproducts like fermentation sludge (used in poultry feed), fusel oil (used in amyl alcohols and perfumes), and carbon dioxide (for industrial use) are effectively repurposed, minimizing waste and generating additional income. The company also produces low-grade potash, further demonstrating its commitment to resource optimization.
The company's operations extend to include co-generation, whereby electricity is generated and distributed, potentially using byproducts from its other operations. This adds another layer of efficiency and profitability to its overall business model. Additionally, Ugar Sugar offers confectionery products and warehousing facilities, suggesting a degree of vertical integration and diversification into related markets. Finally, the company utilizes merchant exporters to facilitate the sale of its products in international markets.
Questions investors ask about Ugar Sugar Works Ltd (UGARSUGAR).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Ugar Sugar Works Ltd (UGARSUGAR)?
The current share price of Ugar Sugar Works Ltd (UGARSUGAR) is ₹41.03. Today, the stock has gained by ₹1.44 (3.64%), trading in a range of ₹40.23 to ₹42.8. The stock opened at ₹40.23 with a trading volume of 4,28,675 shares.
02Is Ugar Sugar Works Ltd stock a good investment for long-term?
Ugar Sugar Works Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹462.82 crores, P/E ratio of 32.64, ROE of 6.05%, and ROCE of 27.30%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Ugar Sugar Works Ltd stock?
The 52-week high price of Ugar Sugar Works Ltd (UGARSUGAR) is ₹52.5, while the 52-week low is ₹33.75. Currently trading at ₹41.03, the stock is 38.8% away from its 52-week low and 21.8% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Ugar Sugar Works Ltd stock at the current price?
Whether to buy Ugar Sugar Works Ltd stock at ₹41.03 depends on multiple factors. The stock is currently trading with a P/E ratio of 32.64 and P/B ratio of 1.90. Today's performance shows a gain of 3.64%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Ugar Sugar Works Ltd and when is the next dividend?
Ugar Sugar Works Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹41.03, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Ugar Sugar Works Ltd?
Ugar Sugar Works Ltd's key financial metrics include: P/E Ratio: 32.64, P/B Ratio: 1.90, ROE: 6.05%, ROCE: 27.30%, Dividend Yield: 0.00%, EPS: ₹1.21, Book Value: ₹20.78, and Debt-to-Equity: 285.84. The company's market cap stands at ₹462.82 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Ugar Sugar Works Ltd stock performing today in the market?
Ugar Sugar Works Ltd stock opened at ₹40.23 and is currently trading at ₹41.03, showing a gain of ₹1.44 (3.64%). The intraday high is ₹42.8 and low is ₹40.23. The trading volume stands at 4,28,675 shares, indicating moderate market participation today.
08What is the P/E ratio of Ugar Sugar Works Ltd and what does it indicate?
Ugar Sugar Works Ltd has a Price-to-Earnings (P/E) ratio of 32.64, which means investors are willing to pay ₹32.64 for every ₹1 of earnings. With an EPS of ₹1.21, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Ugar Sugar Works Ltd (UGARSUGAR) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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