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	722.80	15,294.27	9.14	11.12	0.77	10.36	10.02	41.22	3.66	16.98
Triveni Engineering & Industries	251.15	5,534.42	8.03	12.30	0.64	3.85	-10.21	19.69	1.66	16.62
Bajaj Hindusthan Sugar	21.27	5,084.95	15.25	2.09	4.27	-4.88	1.41	43.95	1.40	19.01
Shree Renuka Sugars	22.14	4,712.48	0.00	-16.88	-2.67	0.54	NM	NM	NM	83.11
Bannari Amman Sugars	3,305.30	4,144.75	7.73	8.78	0.00	-8.79	1.04	34.04	2.18	19.59
Dalmia Bharat Sugar and Industries	480.40	3,888.32	7.30	9.58	0.55	3.62	-1.81	18.95	1.20	8.95
Avadh Sugar & Energy	990.25	1,982.32	5.09	10.48	1.25	-1.26	-16.00	30.06	1.76	10.35
Uttam Sugar Mills	371.45	1,416.64	11.44	17.70	0.82	NM	NM	16.29	1.61	7.00
MVK Agro Food Product	256.50	1,295.43	10.35	10.16	0.67	50.80	131.17	8.25	0.96	38.96
Dhampur Sugar Mills	197.45	1,291.08	5.43	9.16	0.73	-7.17	-25.51	18.37	1.07	9.05
Dhampur Bio Organics	140.80	934.74	2.45	7.93	1.03	-4.31	-39.03	11.13	0.88	10.95
Dwarikesh Sugar Industries	46.38	859.43	3.72	5.89	0.40	-12.64	-33.49	59.31	1.07	12.42
Magadh Sugar & Energy	602.00	848.32	7.21	10.73	0.79	9.29	8.58	16.61	0.98	9.05
Zuari Industries	264.20	786.82	3.03	2.98	0.72	3.04	-27.39	7.32	0.22	15.40
Mawana Sugars	167.45	655.01	7.06	14.39	0.80	1.97	43.50	23.79	1.31	6.90
Ugar Sugar Works	56.00	630.63	46.66	52.43	1.57	29.53	95.62	9.20	2.85	6.36
DCM Shriram Industries	39.81	346.32	11.28	17.06	0.58	-1.14	15.28	5.68	0.38	7.98
Ponni Sugars (Erode)	374.90	322.35	8.45	6.37	0.00	-1.59	NM	6.51	0.57	3.75
SBEC Sugar	64.16	305.75	11.14	-7.30	1.63	-5.91	28.84	5.68	1.73	NM
KCP Sugar & Industries Corporation	25.50	289.13	2.42	4.41	0.28	-3.50	-34.94	7.56	0.57	11.95
KM Sugar Mills	28.50	262.20	13.63	20.55	0.64	4.59	32.03	5.45	0.66	4.45
Sakthi Sugars	18.60	221.06	-68.54	-10.18	2.21	-14.17	NM	8.07	0.86	NM
Kothari Sugars & Chemicals	25.78	213.69	1.64	9.11	0.74	-5.50	79.22	39.30	1.53	3.52
Rana Sugars	13.25	203.48	4.16	4.55	0.48	2.32	NM	35.81	0.04	6.21
Dollex Agrotech	36.00	143.82	6.78	5.43	1.27	26.80	11.30	18.10	1.15	15.23

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

Oct 16, 2026, 04:01 PM IST

1 of 2 pages

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 4,712.48 cr. Over the previous 12 months, Shree Renuka Sugars’s share price declined 25.38%.

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.

Disclaimer: Analysis and Recommendations are provided by various stock brokerage firms and from various Stock Market Experts. Financialexpress.com's/IE Online Media Services Pvt. Ltd (IEOMSPL) does not provide individual or customized investment services.

Since each individual's situation is unique, a qualified professional should be consulted before making financial decisions.

Financialexpress.com / IEOMSPL makes no guarantees as to the accuracy, thoroughness, or quality of the information provided, which is provided only on an “AS AVAILABLE” basis at visitor's sole risk. Financialexpress.com/IEOMSPL shall not be responsible or liable for any errors, omissions or inaccuracies in the content. The information and investment, accounting, or legal information provided here are neither comprehensive nor appropriate for every individual. The visitor is advised to verify any information before using it for any personal, financial, accounting, legal, or business purpose. In addition, the opinions and views expressed in any article on Financialexpress.com's/ IEOMSPL are solely those of the author(s) of the article received as is from Stock Brokerage Firm and Stock Market Experts and do not reflect the opinions of financialexpress.com/IEOMSPL or its management. Financialexpress.com/ IEOMSPL 's content herein may be modified at any time by us, without advance notice or reason, and financialexpress.com/IEOMSPL shall have no obligation to notify you of any corrections or changes to any Site content.

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 Fund	2.81	Balrampur Chini Mills	0.90
Bank of India Flexi Cap Fund	2.51	Balrampur Chini Mills	7.52
HSBC Value Fund	2.33	Balrampur Chini Mills	0.39
Tata Small Cap Fund	2.14	Balrampur Chini Mills	-0.74