List of Top 20 Sugar Companies in India

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Supporting as many as 50 million farmers and with 0.6 million skilled and semi-skilled workers finding direct employment here, the sugar industry is India’s second-largest agro-based industry. We bring the leading sugar companies in India that is listed in stock market like NSE and BSE. We bring you in this article giving you an insight into India’s sugar industry. India happens to be the largest sugar producer in the world and is also the largest market for it.

Here is a list of top Sugar Manufacturing Companies in the country:

EID Parry (India) Ltd

EID Parry India Limited is a part of the giant INR 369 billion Murugappa Group. As a listed company, EID Parry deals in sugar and nutraceuticals. The company is based out of Chennai and its office is located in ‘Dare House’ a heritage building. The company was founded as Parry in the year 1788. The first sugar plant of India at Nellikuppam is a feather in the cap of Parry India. With 9 sugar plants in south India, the company has a total capacity of crushing 43,400 TCD of sugarcane.

  • Market Cap (Rs Cr.): 5,131.97
  • Book Value (Rs): 96.82
  • Face Value (RS): 1.00
  • Dividend Yield.(%): Nil
  • Total assets(Rs Cr.): 15,024.02

Profit and loss (in Rs. Cr.):

  • March 2020: 891.21
  • March 2019: 437.42
  • March 2018: 517.48
  • March 2017: 707.99

Balrampur Chini Mills Ltd

With a cumulative crushing capacity of 76,500 tonnes of sugarcane each day, Balarampur Chini Mills is India’s second-largest manufacturer of sugar. The plant has a total of ten plants, eight in eastern Uttar Pradesh and two in central Uttar Pradesh, all of them in the state’s major cane growing areas. What makes Balarampur Chini Mills stand out is the company being involved in its ancillary business of manufacturing ethanol and co-generation. The company is headquartered in Kolkata.

  • Market Cap (Rs Cr.): 3,248.70
  • Book Value (Rs): 112.83
  • Face Value (RS): 1.00
  • Dividend Yield.(%): 1.40
  • Total assets(Rs Cr.): 4,747.87

Profit and loss (in Rs. Cr.):

  • March 2020: 511.55
  • March 2019: 569.07
  • March 2018: 221.25
  • March 2017: 591.49

Shree Renuka Sugars Ltd.

Shree Renuka Sugars is not just India’s, but one of the world’s largest producers of sugar. It’s a global company engaged in agribusiness and bio-energy. Shree Renuka is also one of the world’s largest refiners of sugar in the world. The company has its corporate office in Mumbai. It has a total crushing capacity of 94,520 tonnes each day. The company also has a strong presence in Brazil where its subsidiary has a combined crushing capacity of 13.6 MTPA.

  • Market Cap (Rs Cr.): 1,903.40
  • Book Value (Rs): -0.63
  • Face Value (RS): 1.00
  • Dividend Yield.(%): N/A
  • Total assets (Rs Cr.): 6,218.84

Profit and loss (in Rs. Cr.):

  • March 2020: 1,949.76
  • March 2019: -2,037.40
  • March 2018: -2,203.75
  • March 2017: -1,152.02

Triveni Engineering and Industries Ltd.

Apart from being one of the largest sugar manufacturing companies in India, Triveni Engineering and Industries Ltd. is also focused on engineering. The company has 7 sugar mills with 6 co-generation units and 1 distillery in different locations in the state of Uttar Pradesh. The company has engaged more than 250,000 farmers in its cane marketing and development initiatives. Triveni Engineering and Industries Ltd. also owns 21.8% equity capital in Triveni Turbine Limited.

  • Market Cap (Rs Cr.): 1,879.42
  • Book Value (Rs): 51.25
  • Face Value (RS): 1.00
  • Dividend Yield.(%): 1.45
  • Total assets (Rs Cr.): 3,936.02

Profit and loss (in Rs. Cr.):

  • March 2020: 314.73
  • March 2019: 196.05
  • March 2018: 100.92
  • March 2017: 230.28

Bannariamman Sugars Ltd.

Bannari Amman Sugars Limited started off in the year 1986 with its first sugar unit near Sathyamangalam in Tamil Nadu’s Erode district. It had an initial capacity of 1250 tonnes per day and its present crushing capacity is 4000 TCD. Its second unit came up near Nanjangud in Karnataka’s Mysore district in 1992 which has a present cane crushing capacity of 7500 TCD. The company’s third unit is at Kunthur Village close to Kollegal in Karnataka. Its crushing capacity has been raised to 3600 TCD. The fourth unit is at Kolundampattu Village, Thandarampattu Taluk, Tiruvannamalai District which came up in 2010 and has a capacity of 5000 TCD.

  • Market Cap (Rs Cr.): 1,705.40
  • Book Value (Rs): 1016.72
  • Face Value (RS): 10.00
  • Dividend Yield.(%): 0.68
  • Total assets (Rs Cr.): 2,434.39

Profit and loss (in Rs. Cr.):

  • March 2020: 95.64
  • March 2019: 75.94
  • March 2018: 87.27
  • March 2017: 145.17

Dalmia Bharat Sugar and Industries Ltd.

The Dalmia Bharat Group made its foray into sugar manufacturing in the mid-nineties with its first unit coming up in Uttar Pradesh’s Ramgarh, Sitapur district. The plant has a capacity of 2500 TCD. 2006-07 was a landmark year for the company when it set up two Greenfield plants at UP’s Jawaharpur and Nigohi in the Sitapur and Shahjahanpur districts respectively. The company also expanded the Ramgarh plant marking a major push for growth.

  • Market Cap (Rs Cr.): 1,081.35
  • Book Value (Rs): 200.77
  • Face Value (RS): 2.00
  • Dividend Yield.(%): 1.37
  • Total assets (Rs Cr.): 3,527.66

Profit and loss (in Rs. Cr.):

  • March 2020: 193.19
  • March 2019: 175.15
  • March 2018: 122.30
  • March 2017: 186.26

Dhampur Sugar Mills Ltd.

Dhampur Sugar Mills sells its refined sugar in packages of one and five kilograms under the brand name of Dhampure Sulphurless Sugar. With a crushing capacity of 45,500 metric tonnes of cane each day, the company is capable of producing 1700 MT of refined sugar per day. Dhampur is credited with having manufactured India’s first sulphurless sugar. Dhampur stands out from its competitors as it can produce refined sulphurless sugar both during the season and off-season.

  • Market Cap (Rs Cr.): 973.24
  • Book Value (Rs): 207.12
  • Face Value (RS): 10.00
  • Dividend Yield.(%): 3.32
  • Total assets (Rs Cr.): 2173.45

Profit and loss (in Rs. Cr.):

  • March 2020: 215.63
  • March 2019: 250.92
  • March 2018: 151.26
  • March 2017: 229.53

Andhra Sugars Ltd.

Andhra Sugars Ltd. commenced its operations at Tanuku with a     modest unit having a production capacity of 600TCD crushing in the year 1952. The company has seen steady growth and has now expanded its total crushing capacity to 16,000TCD. The company has made a mark by adopting the diffusion technology in sugar manufacturing successfully. The company is also involved in chemicals and pharma. It has three units at Tanuku, Taduvai and Bhimadole.

  • Market Cap (Rs Cr.): 831.47
  • Book Value (Rs): 374.17
  • Face Value (RS): 10.00
  • Dividend Yield. (%): 6.06
  • Total assets (Rs Cr.): 604.52

Profit and loss (in Rs. Cr.):

  • March 2020: 205.88
  • March 2019: 168.04
  • March 2018: 102.63
  • March 2017: 127.29

Dwarikesh Sugar Industries Ltd.

With its headquarters in Mumbai, Maharashtra, the Dwarikesh Sugar Industries Ltd. is an industrial group with diversified interests in manufacturing sugar with the finest grains. After a modest beginning with a plant having a crushing capacity of 2500TCD in Bijnor district, Uttar Pradesh, the company has also expanded into the production of ethanol and industrial alcohol. The company today stands tall as one of India’s largest sugar manufacturers.

  • Market Cap (Rs Cr.): 570.55
  • Book Value (Rs): 25.69
  • Face Value (RS): 1.00
  • Dividend Yield. (%): 3.07
  • Total assets (Rs Cr.): 1176.79

Profit and loss (in Rs. Cr.):

  • March 2020: 73.45
  • March 2019: 95.11
  • March 2018: 101.45
  • March 2017: 156.10

Avadh Sugar & Energy Ltd.

The company was incorporated on the 19th of March 2015 and is a part of the mammoth Birla Group. The company deals in sugar, sugar products, denatured spirits, and alcohol of all strengths as well as other products that arise out of the sugar manufacturing process. With a combined capacity of 31,200TCD, Avadh Sugar and Energy Ltd. has its manufacturing units at Hargaon, Seohara, Hata, and Rosa, all in the state of Uttar Pradesh.

  • Market Cap (Rs Cr.): 381.85
  • Book Value (Rs): 295.62
  • Face Value (RS): 10.00
  • Dividend Yield. (%): 1.82
  • Total assets (Rs Cr.): 2,859.08

Profit and loss (in Rs. Cr.):

  • March 2020: 88.62
  • March 2019: 119.87
  • March 2018: 88.16
  • March 2017: 203.32

Uttam Sugar Mills Ltd.

After being founded in 1960 with just one unit, the company has shown phenomenal growth and established itself as a corporate giant. It has emerged as the leading producer of double refined sugar in India. The company has shown tremendous growth raising its capacity from 2,000TCD in 2001 to 20,000TCD in 2011, a span of just ten years. The company uses cutting edge DRP technology and an ion-exchange process that produces ultra-white sugar.

  • Market Cap (Rs Cr.): 336.76
  • Book Value (Rs): 74.77
  • Face Value (RS): 10.00
  • Dividend Yield. (%): N/A
  • Total assets (Rs Cr.): 1,765.97

Profit and loss (in Rs. Cr.):

  • March 2020: 51.62
  • March 2019: 58.12
  • March 2018: 17.00
  • March 2017: 106.58

Vishwaraj Sugar Industries Ltd.

  • Market Cap (Rs Cr.): 334.25
  • Book Value (Rs): 59.07
  • Face Value (RS): 10.00
  • Dividend Yield. (%): N/A
  • Total assets (Rs Cr.): 71,954.96

Profit and loss (in Rs. Cr.):

  • March 2020: -7.88

KCP Sugar Ind Corp Ltd.

They have total 02 units located in Andhra Pradesh, and is one of the leading sugar manufacturing companies in India. The two units have a combined crushing capacity of 11,500 tonnes per day. After a humble beginning with a production capacity of 600 TCD in 1941, the company has shown steady growth and is today a multi-faceted conglomerate with diversified businesses. Manufacture of rectified spirit, calcium lactate, organic manure, extra neutral alcohol are some of the company’s allied businesses.

  • Market Cap (Rs Cr.): 174.61
  • Book Value (Rs): 22.21
  • Face Value (RS): 1.00
  • Dividend Yield.(%): 0.60
  • Total assets (Rs Cr.): 622.05

Profit and loss (in Rs. Cr.):

  • March 2020: -11.15
  • March 2019: 10.20
  • March 2018: 8.37
  • March 2017: 54.89

Magadh Sugar & Energy Ltd.

Founded in the year 2015, Magadh Sugar and Energy Limited is a new entrant in the sugar industry, yet a prominent one. Its parent company is the Upper Ganges Sugar and Industries Limited. It’s a part of the Birla Group, one of India’s leading industrial conglomerates. The company has seen a steady rise in its production capacity to 242 lakh quintal in FY2020 from 165 lakh quintal in FY2017. MSEL’s sugar mills are in Bihar, a state with a deficit in sugar which makes sure that the company only faces limited competition from sugar factories nearby giving it a distinct advantage.

  • Market Cap (Rs Cr.): 172.27
  • Book Value (Rs): 380.59
  • Face Value (RS): 10.00
  • Dividend Yield. (%): 3.37
  • Total assets (Rs Cr.): 1,544.31

Profit and loss (in Rs. Cr.):

  • March 2020: 107.64
  • March 2019: 53.87
  • March 2018: 10.16
  • March 2017: 101.63

Ugar Sugar Works Ltd.

Engaged in manufacturing white crystal sugar for the last 75 years the Ugar Sugar Works Ltd. is the Shirgaokar Group of Companies’ flagship organization. The company has two manufacturing units at Ugar and Jewargi both in Karnataka. The units have a combined crushing capacity of 18,000 TCD per day. Ugar Sugar Works Limited has also been operating a 44 MW cogeneration power plant based on bagasse which happens to be the largest of its kind in India. The company also has a distillery in Ugar and is also engaged in manufacturing ethanol.

  • Market Cap (Rs Cr.): 171.79
  • Book Value (Rs): 5.65
  • Face Value (RS): 1.00
  • Dividend Yield.(%): 0.58
  • Total assets (Rs Cr.): 829.60

Profit and loss (in Rs. Cr.):

  • March 2020: 13.77
  • March 2019: 4.35

Ponni Sugars (Erode) Ltd.

Founded by the late S Vishwanathan, a leading industrialist and a renowned freedom fighter from the south of India, Ponni Sugars (Erode) Ltd. has established itself a leading sugar manufacturer in the country. Ponni Sugars has the distinction of being the first sugar mill in the country using alternative fuel that releases bagasse that helps paper manufacture. This has helped realize S Vishwanathan’s mission of preventing deforestation. The company’s production capacity rose from 1250 TCD in 1984 to 2500 TCD in 1994. The company is also a pioneer in implementing lift irrigation in India.

  • Market Cap (Rs Cr.): 137.53
  • Book Value (Rs): 287.80
  • Face Value (RS): 10.00
  • Dividend Yield. (%): 2.34
  • Total assets (Rs Cr.): 315.26

Profit and loss (in Rs. Cr.):

  • March 2020: 30.94
  • March 2019: 8.43
  • March 2018: 3.34
  • March 2017: 15.92

Kothari Sugars and Chemicals Ltd.

The flagship company of the HC Kothari Group, Kothari Sugars and Chemicals Limited was founded in 1961. It started its operations with a single manufacturing unit in Kattur village of Tamil Nadu. Today it has another unit at Sathamangalam village in Tamil Nadu itself. Apart from manufacturing sugar, the company is also engaged in power cogeneration, producing industrial alcohol from molasses and bio compost as well. The company has a distillery also. It has a total crushing capacity of 6400 TCD and a power cogeneration capacity of 33 MW.

  • Market Cap (Rs Cr.): 16.58
  • Book Value (Rs): 20.09
  • Face Value (RS): 10.00
  • Dividend Yield.(%): N/A
  • Total assets (Rs Cr.): 373.27

Profit and loss (in Rs. Cr.):

  • March 2020: 19.42
  • March 2019: 12.71
  • March 2018: 0.48
  • March 2017: 10.48

Mawana Sugars Ltd.

Mawana Sugars Limited started as an independent entity in 1989, a result of the erstwhile DCM Group being restructured in 1989. Today the company is Rs. 700 crore conglomerate. The company also manufactures chemicals, ethanol, and edible oil apart from sugar. The company has experience of over 60 years in the industry and uses the latest technology in collaboration with Tate and Lyle of the UK. As the sixth-largest manufacturer of sugar in India, the company has a total installed capacity of 29,500 TCD with its units located at Mawana and Nanglamal in Western Uttar Pradesh.

  • Market Cap (Rs Cr.): 112.27
  • Book Value (Rs): 81.13
  • Face Value (RS): 10.00
  • Dividend Yield. (%): N/A
  • Total assets (Rs Cr.): 1,484.40

Profit and loss (in Rs. Cr.):

  • March 2020: -82.91
  • March 2019: 40.61
  • March 2018: 9.76
  • March 2017: 359.13

KM Sugar Mills Ltd.

Based out of Faizabad in UP, KM Sugar Mills Limited is involved in manufacturing sugar, distillery products, and power generation. The company now has a total crushing capacity of 9000 TCD. It also has a distillery plant with a production capacity of 45KLPD and a power cogeneration plant of 25MW. The company has also made a mark in the import and export of sugar as well as its domestic trading. It also produces ethanol and denatured spirit. The company has major expansion plans of setting up a renewable energy plant and a brewery.

  • Market Cap (Rs Cr.): 109.94
  • Book Value (Rs): 20.36
  • Face Value (RS): 2.00
  • Dividend Yield. (%): N/A
  • Total assets (Rs Cr.): 526.88

Profit and loss (in Rs. Cr.):

  • March 2020: 17.75
  • March 2019: 24.25
  • March 2018: 18.87
  • March 2017: 28.24

Sakthi Sugars Ltd.

Things started in the year 1921 from Pollachi village in Tamil Nadu. What was once a transport company transformed into a leading producer of sugar with the setting up of a sugar plant at Sakthinagar in 1964. The company now operates with four sugar plants with three plants in Tamil Nadu and another in Orissa. Sakthi Sugars Limited has a manufacturing capacity of 19,000 TCD which makes it one of India’s leading sugar manufacturers. The company made its foray into manufacturing industrial alcohol in 1972 with a plant in Tamil Nadu and another in Orissa was set up in 1996. Soya products and power cogeneration are other activities its involved in.

  • Market Cap (Rs Cr.): 106.25
  • Book Value (Rs): -13.51
  • Face Value (RS): 10.00
  • Dividend Yield. (%): N/A
  • Total assets (Rs Cr.): 1,832.47

Profit and loss (in Rs. Cr.):

  • March 2020: -205.92
  • March 2019: -214.01
  • March 2018: -177.10
  • March 2017: 30.35

List of Top 20 Sugar Companies in India

Sl. No. Company Establishment Head office Employees Website
1 EID Parry (India) Ltd. 1788 Chennai 50,000 http://www.eidparry.com/
2 Balrampur Chini Mills Ltd. 1975 Kolkata 5,001 – 10,000 https://chini.com/
3 Shree Renuka Sugars Ltd. 1998 Mumbai 10,000+ http://www.renukasugars.com/
4 Triveni Engineering and Industries Ltd. 1932 Noida 3,600 http://www.trivenigroup.com/
5 Bannariamman Sugars Ltd. Coimbatore 1,893 http://www.bannari.com/
6 Dalmia Bharat Sugar and Industries Ltd. 1935 New Delhi 2,589 https://www.dalmiasugar.com/
7 Dhampur Sugar Mills Ltd. 1933 New Delhi 2,810 https://www.dhampur.com/
8 Andhra Sugars Ltd. 1947 Tanuku 2,136 http://www.theandhrasugars.com/
9 Dwarikesh Sugar Industries Ltd. 1993 Mumbai 1,001-5,000 https://www.dwarikesh.com/
10 Avadh Sugar & Energy Ltd. 2015 Sitapur Dist. N/A http://www.birla-sugar.com/
11 Uttam Sugar Mills Ltd. 1960 Noida 1,483 http://www.uttamsugar.in/
12 Vishwaraj Sugar Industries Ltd. 1995 Belgaum 850 https://vsil.co.in/
13 KCP Sugar Ind Corp Ltd. 1941 Chennai 382 https://www.kcpsugar.com/
14 Magadh Sugar & Energy Ltd. 2015 Sitapur Dist. 663 http://www.birla-sugar.com/
15 Ugar Sugar Works Ltd. 1939 Belagavi, Karnataka 2,214 http://www.ugarsugar.com/
16 Ponni Sugars (Erode) Ltd. 1960 Erode 601 http://www.ponnisugars.com/
17 Kothari Sugars and Chemicals Ltd. 1961 Chennai 494 https://hckotharigroup.com/kscl/
18 Mawana Sugars Ltd. 1961 New Delhi 1,001-5,000 https://www.mawanasugars.com/
19 KM Sugar Mills Ltd. 1942 Kanpur 361 https://www.kmsugar.com/
20 Sakthi Sugars Ltd. 1961 Erode 1,581 http://www.sakthisugars.com/

Conclusion

Our article gives you a detailed account of the sugar industry in India. It’s a well compiled article with important information about the top 20 sugar companies in India including their financial details and production capacities. All these companies have made India the largest producer of sugar in the world pushing Brazil into the second spot. We have sought to give you a thorough and comprehensive insight into India’s booming sugar manufacturing industry that’ll keep you well informed.

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