Industry analysis
Sugar
Read from what its listed companies are showing. Valuations are compared within this industry.
Mixed
40 listed companies · ₹ 48,037 Cr. total market value- ▼44% of companies grew sales by more than 8% from a year earlier; the typical company's profit fell 21%. 43% made a loss.
- ▲3 credit rating upgrades and 1 downgrade in the last 90 days.
- –10 good and 1 bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
- ●The typical share is up 3.7% in 3 months; 41% of shares trade above their 200-day average (their usual level).
- –Typical P/E 16.4, 62% above these companies' usual level (pricier than normal).
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Sugar share against the typical share on the market, both starting at 100. Now 90 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Price against growth
Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
| Details | ||||
|---|---|---|---|---|
| Ponni Sugars (Erode) PONNIERODE | 7.4 vs 16.455% cheaper | +40.4% / +46.7% | ₹ 285.21 Cr. |
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Rajshree Sugars & ChemicalsStrong results
- Ugar Sugar WorksStrong results
- Ponni Sugars (Erode)Strong results
- Dhampur Bio OrganicsRating outlook raised
- Zuari IndustriesRating outlook raised
Warning signs
- Shree Renuka SugarsCredit rating cut
- Triveni Engineering & Industries LtdAction by a regulator
Best shares, 3 months
- C K K RETAIL MART LIMITED+84.3%
- Kesar Enterprises+63.1%
- Avadh Sugar & Energy+59.3%
- Uttam Sugar Mills+46.2%
- DCM Shriram Industries+43.6%
Worst shares, 3 months
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| Balrampur Chini Mills BALRAMCHIN | Sugar | ₹ 13,533.21 Cr. | +6.2% | −15.4% | 36.5 | +4.1% | |
| Sir Shadi Lal 532879 | Sugar | ₹ 5,868.21 Cr. | +36.8% | Loss | 4.1 | — | |
| Bajaj Hindusthan Sugar BAJAJHIND | Sugar | ₹ 4,367.74 Cr. | −9.8% | Loss | 33.4 | +5.7% | |
| Shree Renuka Sugars RENUKA | Sugar | ₹ 3,976.02 Cr. | +5.5% | Loss | 155.7 | −15.4% | Credit rating cut |
| Bannari Amman Sugars BANARISUG | Sugar | ₹ 3,975.4 Cr. | −58.9% | Loss | 33 | −9.9% | |
| Dalmia Bharat Sugar and Industries DALMIASUG | Sugar | ₹ 3,463.41 Cr. | −9.9% | −82.4% | 16.8 | +13.3% | Expansion or acquisition |
| Avadh Sugar & Energy AVADHSUGAR | Sugar | ₹ 1,719.85 Cr. | +8.7% | — | 25.6 | +59.3% | |
| Uttam Sugar Mills UTTAMSUGAR | Sugar | ₹ 1,345.64 Cr. | −3.6% | −91.1% | 15.3 | +46.2% | |
| Dhampur Sugar Mills DHAMPURSUG | Sugar | ₹ 1,117.42 Cr. | +6% | +569.2% | 16 | +20.3% | |
| M V K Agro Food Product MVKAGRO | Sugar | ₹ 1,055.53 Cr. | +105.9% | +84.9% | 21.3 | −46.9% | Expansion or acquisition |
| Dhampur Bio Organics DBOL | Sugar | ₹ 853.67 Cr. | +8.3% | — | 32 | +26.3% | Rating outlook raised |
| Dwarikesh Sugar Industries DWARKESH | Sugar | ₹ 785.68 Cr. | −11.6% | Loss | 10.5 | +7% | |
| Magadh Sugar & Energy MAGADSUGAR | Sugar | ₹ 719.46 Cr. | −6.6% | Loss | 14 | +4.3% | |
| Zuari Industries ZUARIIND | Sugar | ₹ 703.73 Cr. | +21.2% | — | 6.1 | −8.5% | Rating outlook raised |
| Mawana Sugars MAWANASUG | Sugar | ₹ 627.87 Cr. | +3.7% | Loss | 18.4 | +41.8% | |
| C K K RETAIL MART LIMITED CKKRETAIL | Sugar | ₹ 577.07 Cr. | — | — | 54.5 | +84.3% | |
| Ugar Sugar Works UGARSUGAR | Sugar | ₹ 523.91 Cr. | +34.1% | — | 7.7 | +41.6% | Strong results |
| DCM Shriram Industries DCMSRIND | Sugar | ₹ 437.74 Cr. | +0.1% | −85.5% | 7.2 | +43.6% | |
| SBEC Sugar Ltd 532102 | Sugar | ₹ 292.59 Cr. | −17.4% | — | 5.3 | −2.6% | |
| Ponni Sugars (Erode) PONNIERODE | Sugar | ₹ 285.21 Cr. | +40.4% | +46.7% | 7.4 | +9.1% | Strong results |
| K M Sugar Mills KMSUGAR | Sugar | ₹ 273.24 Cr. | −8.8% | −40.4% | 5.6 | +11.4% | |
| Kothari Sugars and Chemicals KOTARISUG | Sugar | ₹ 198.77 Cr. | +25.1% | −93.6% | 26.3 | −3.7% | |
| Sakthi Sugars SAKHTISUG | Sugar | ₹ 197.83 Cr. | +24.6% | Loss | 3.9 | +3.3% | |
| Rana Sugars RANASUG | Sugar | ₹ 180.41 Cr. | −12.6% | Loss | 72.2 | −2% | |
| Dhampure Specialty Sugars Ltd 531923 | Sugar | ₹ 119.61 Cr. | +74.7% | +76.3% | 18.6 | +17.2% | |
| Indian Sucrose 500319 | Sugar | ₹ 118.71 Cr. | −39.1% | −81.7% | 2.8 | −3.8% | |
| Dollex Agrotech DOLLEX | Sugar | ₹ 115.82 Cr. | +10.3% | −26.9% | 14.1 | +22.1% | |
| Kesar Enterprises 507180 | Sugar | ₹ 108.66 Cr. | −100% | Loss | 11 | +63.1% | |
| Vishwaraj Sugar Industries VISHWARAJ | Sugar | ₹ 107.77 Cr. | −19.5% | Loss | 74.5 | −8.2% | |
| Parvati Sweetners and Power 541347 | Sugar | ₹ 102.91 Cr. | +1,218.5% | — | 194.9 | +1.7% | |
| Rajshree Sugars & Chemicals RAJSREESUG | Sugar | ₹ 89.46 Cr. | +8.5% | Loss | 3.4 | −11% | Strong results |
| Piccadily Sugar & Allied Industries Ltd 507498 | Sugar | ₹ 72.72 Cr. | — | — | 22.7 | −12.9% | |
| Gayatri Sugars 532183 | Sugar | ₹ 58.01 Cr. | −14.3% | Loss | 111.6 | +2.5% | |
| Simbhaoli Sugars SIMBHALS | Sugar | ₹ 29.35 Cr. | +18.6% | Loss | 22.2 | +0.3% | |
| The Ravalgaon Sugar Farm Ltd 507300 | Sugar | ₹ 28.67 Cr. | — | Loss | 17.1 | −15.1% | |
| Shree Hanuman Sugar & Industries 537709 | Sugar | ₹ 5.73 Cr. | — | Loss | 5.1 | −2.9% | |
| KCP Sugar & Industries Corporation Ltd KCPSUGIND | Sugar | — | +32.2% | +142.1% | 6.9 | −26.4% | |
| Oswal Overseas 531065 | Sugar | — | −100% | Loss | 9.9 | — | |
| Prudential Sugar Corporation Ltd PRUDMOULI | Sugar | — | +222.3% | +7.9% | 8 | +15.1% | |
| Triveni Engineering & Industries Ltd TRIVENI | Sugar | — | +2.1% | +73.8% | 19.1 | −2.7% | Action by a regulator |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.