Ugar Sugar Works Ltd (UGARSUGAR) — shareholding pattern, promoter holding, financials and share price
About Ugar Sugar Works Ltd (UGARSUGAR)
Ugar Sugar Works Ltd operates in the Sugar industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as UGARSUGAR and on the BSE under scrip code 530363. Its ISIN is INE071E01023.
Incorporated in 1939, The Ugar Sugar Works Ltd manufactures and sells sugar, industrial and potable alcohol, and does generation and distribution of electricity [1]
Ugar Sugar Works Limited (USWL) is a prominent sugar manufacturer in Karnataka, India, specializing in the production and sale of sugar, alcohol, and electricity.
The company operates two sugar plants with significant co-generation capacities, making it a notable player in the sustainable energy sector.
Listed peers in Sugar: Mawana Sugars Ltd, DCM Shriram Industries Ltd, SBEC Sugar Ltd, Ponni Sugars (Erode) Ltd, KM Sugar Mills Ltd, KCP Sugar & Industries Corporation Ltd.
Valuation & Returns
10 Jul 2026At ₹40.4 a share on 10 Jul 2026, Ugar Sugar Works Ltd (UGARSUGAR) was valued at a price-to-earnings ratio of 6.64x against an industry P/E of 33.81x and a price-to-book of 2.06x on a book value of ₹19.63 per share as of Mar 2023. Solomo computes return on equity of 31% and return on capital employed of 26.73% from filed results. Earnings ratios use consolidated results for the twelve months Dec 2022 to Sep 2023.
- P/E
- 6.64x
- Industry P/E
- 33.81x
- P/B
- 2.06x
- EPS (TTM)
- ₹6.08
- Book value / share
- ₹19.63
- ROE
- 31%
- ROCE
- 26.73%
- ROA
- 7.47%
- Debt / equity
- 1.57x
- Dividend yield
- 1.24%
- EBITDA margin
- 10.04%
- 52-week range
- ₹33.11 – ₹50.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2023In the year ended Mar 2023, Ugar Sugar Works Ltd (UGARSUGAR) reported revenue of ₹1,794 crore, net profit of ₹103 crore and earnings per share of ₹9.16. That compares with revenue of ₹1,137 crore and net profit of ₹43 crore in Mar 2022. Figures are consolidated, as filed with the exchanges.
In the quarter ended Sep 2023, revenue was ₹234 crore and net profit ₹-33 crore (consolidated).
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 750 | 870 | 956 | 1,137 | 1,794 |
| Net profit (₹ cr) | 4 | 14 | 17 | 43 | 103 |
| EPS (₹) | 0.39 | 1.22 | 1.52 | 3.85 | 9.16 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.43% | 6.84% | 2.64% | 57.74% |
| Profit growth | - | - | - | 137.83% |
| Stock price CAGR | -3% | 3% | -32% | -19% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.54% of Ugar Sugar Works Ltd (UGARSUGAR) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.09%. Market capitalisation was ₹455 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: BABASAHEB NEELKANTH KALYANI 1.41%, SUNITA BABASAHEB KALYANI 1.35%, Investor Education and Protection Fund (IEPF) 1.28%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.54% | - | 0.09% | - | 55.46% |
| Mar 2026 | 44.54% | - | 0.19% | - | 55.46% |
| Dec 2025 | 46.75% | - | 0.17% | - | 53.25% |
| Sep 2025 | 47.03% | - | 0.19% | - | 52.97% |
| Jun 2025 | 46.73% | - | 0.67% | - | 53.27% |
| Mar 2025 | 46.57% | - | 0.39% | - | 53.43% |
| Dec 2024 | 44.82% | - | 0.5% | - | 55.18% |
| Sep 2024 | 44.41% | - | 0.61% | - | 55.59% |