Best Sugar Stocks

Track sugar-producing companies involved in manufacturing sugar, ethanol, and power from by-products.

Name	Price (Rs)	Market Cap (Rs Cr)	ROE (%)	ROCE (%)	Debt/Eq (x)	Sales var 3yrs (%)	Profit var 3yrs (%)	P/E (x)	P/BV (x)	EV/EBITDA (x)
Balrampur Chini Mills	553.90	11,702.09	9.14	11.12	0.77	10.36	10.02	30.92	2.83	16.98
Triveni Engineering & Industries	404.00	8,902.67	8.03	12.30	0.64	3.85	-10.21	31.58	2.66	16.62
Shree Renuka Sugars	23.22	4,942.35	0.00	-16.87	-2.67	0.54	NM	NM	NM	83.07
Bajaj Hindusthan Sugar	19.40	4,637.89	3.32	2.09	0.93	-4.88	1.41	36.63	1.22	19.01
Bannari Amman Sugars	3,620.00	4,539.37	7.73	8.78	0.00	-8.79	1.04	30.69	2.37	19.59
Dalmia Bharat Sugar and Industries	340.20	2,753.56	7.30	9.58	0.55	3.62	-1.81	1,163.47	0.85	8.95
MVK Agro Food Product	398.75	2,013.84	10.35	10.16	0.67	50.80	131.17	13.66	1.49	38.96
Dhampur Sugar Mills	140.90	921.31	5.43	9.16	0.73	-7.17	-25.51	14.15	0.77	9.05
Avadh Sugar & Energy	458.55	917.94	5.09	10.48	1.25	-1.26	-16.00	16.02	0.82	10.35
Uttam Sugar Mills	240.00	915.31	11.44	17.70	0.82	NM	NM	9.13	1.04	7.00
Dwarikesh Sugar Industries	43.92	813.84	3.72	5.89	0.40	-12.64	-33.49	26.39	0.98	12.42
Zuari Industries	267.40	796.35	2.98	2.98	0.72	3.04	-27.39	7.45	0.22	15.50
Dhampur Bio Organics	114.80	762.13	2.45	7.93	1.03	-4.31	-39.03	30.27	0.74	10.95
Magadh Sugar & Energy	461.45	650.26	7.21	10.73	0.79	9.29	8.58	10.24	0.74	9.05
Ugar Sugar Works	39.83	448.53	46.66	52.43	1.57	29.53	95.62	6.55	2.03	6.36
Mawana Sugars	107.56	420.74	7.06	14.39	0.80	1.97	43.50	11.34	0.80	6.90
SBEC Sugar	84.61	403.20	11.14	-7.30	1.63	-5.91	28.84	21.62	2.41	NM
DCM Shriram Industries	38.84	337.88	11.28	17.06	0.58	-1.14	15.28	5.54	0.37	7.98
Ponni Sugars (Erode)	317.25	272.78	8.45	6.37	0.00	-1.59	NM	5.68	0.48	3.75
KM Sugar Mills	27.20	250.24	13.63	20.55	0.64	4.59	32.03	4.68	0.64	4.45
KCP Sugar & Industries Corporation	22.05	250.01	2.42	4.41	0.28	-3.50	-34.94	22.46	0.54	11.95
Kothari Sugars & Chemicals	26.21	217.25	1.64	9.11	0.74	-5.50	79.22	32.89	1.56	3.52
Sakthi Sugars	18.03	214.28	-68.54	-10.18	2.21	-14.17	NM	7.62	0.83	NM
Rana Sugars	12.95	198.87	0.39	0.45	0.54	2.32	NM	8.35	0.04	63.74
Oswal Overseas	122.15	157.84	0.00	-61.36	-2.74	-73.28	NM	NM	NM	NM

Data Source: Dion Global
Note: Company data is consolidated; Exceptional items, minority interest excluded

Jun 18, 2026, 04:01 PM IST

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The largest company, by revenues, in the Sugar sector is Shree Renuka Sugars. Its revenues for the most recent year ended is Rs 9,168.90 cr.

Shree Renuka Sugars has a market capitalisation of Rs 4,942.35 cr. Over the previous 12 months, Shree Renuka Sugars’s share price declined 26.98%.

You can get the latest share price and detailed financials of Shree Renuka Sugars here.

Also, you can see the latest share price performance of all sugar stocks here.

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Why Use This Screener?

This screener helps you discover companies benefiting from both sweetener demand and clean energy initiatives.

Core Agri-Based Product

Sugar companies like Dhampur Sugar Mills, Balrampur Chini Mills, Triveni Engineering & Industries, and others rely on sugarcane availability, a key cash crop in India.

Ethanol Blending is a Growth Driver

The government’s ethanol blending targets create a new revenue stream from molasses.

Seasonal but Diversified

Companies also generate revenue from power cogeneration and distilleries.

Price Control and MSP Support

The sugar sector is partially regulated, with Minimum Support Prices (MSPs) ensuring cane procurement. Even the selling price of sugar, for instance, is partially regulated.

FAQs on Best Sugar Stocks

What is ethanol blending?

The government sets MSPs for cane, export quotas, and ethanol purchase prices.

How does seasonality affect the sugar sector?

Sugar production peaks during cane harvesting months (Oct–Apr), impacting earnings seasonally.

What is the role of the government in sugar pricing?

Mixing ethanol with petrol to reduce import dependence and pollution. Sugar mills supply this ethanol from cane by-products.

Source: Dion Global

Best Mutual Funds Invested in the Sugar Sector

Mutual Fund Name	Weightage (%)	Top Stock Holding	1Y Return (%)
Bank of India ELSS Tax Saver	3.10	Balrampur Chini Mills	4.47
SBI Comma Fund	2.97	Balrampur Chini Mills	14.23
Bank of India Flexi Cap Fund	2.44	Balrampur Chini Mills	9.70
Bank of India Mid & Small Cap Equity & Debt Fund	2.00	Balrampur Chini Mills	9.72