The government is confident and says it is on track to achieve the 20% ethanol blending target by October 2025. This step is likely to benefit the top ethanol producers in the country. Here’s a list of the key ethanol-producing stocks to watch out for in 2025-
EID Parry
The company engaged in the business of sugar and other related products can produce 60 million litres of ethanol annually. In FY24, this ethanol generated around Rs 799 crore revenue for the company. EID Parry has the largest market capitalisation among the ethanol-producing stocks of Rs 13,831 crore.
Balrampur Chini Mills
The company is also majorly engaged in sugar and sugar-related operations. It has a distillery capacity of 1.05 million litres per day. It is one of the largest distilleries in Uttar Pradesh, with a market capitalisation of Rs 8,854 crore.
Triveni Engineering and Industries
Triveni Engineering is one of India’s largest sugar manufacturers with 8 sugar plants. It has distillery capacity of 6.60 lakh litres per day. The company has a market capitalisation of Rs 8,037 crore. Triveni Engineering’s share price has fallen 4% in the previous five days.
Shree Renuka Sugar
Shree Renuka Sugars is one of the largest sugar and ethanol producers. The company has an ethanol production capacity of 1.25 million litres daily. The company has a market capitalisation of Rs 6,826 crore. The share price of Shree Renuka Sugar has fallen almost 12% in the last five trading days.
Bajaj Hindusthan Sugar
Bajaj Hindusthan Sugar has an ethanol distillation capacity of 80,000 litres per day. The Mumbai-headquartered company has a market capitalisation of Rs 3,027 crore. The company is engaged in the business of sugar, alcohol, ethanol, and other things. The share price of Bajaj Hindusthan Sugar fell 12.6% in the past five days.
Performance of Ethanol stocks in last one year
The share price of EID Parry has given a return of 34% in the last one year. Balrampur Chini’s share price has risen by 17.5% in the past one year. Shree Renuka Sugars’ share price has fallen over 31% in the same time frame. The share price of Triveni Engineering has risen by 9.4% in the previous one year.
| Ethanol producing companies | Market Capitalisation in Rs crore | Return in 1-yr |
| EID Parry | Rs 13,831 | 34% |
| Balrampur Chini Mills | Rs 8,854 | 17.5% |
| Triveni Engineering and Industries | Rs 8,037 | -31% |
| Shree Renuka Sugar | Rs 6,826 | 9.4% |
| Bajaj Hindusthan Sugar | Rs 3,027 | -34% |