Looking for the top sugar companies in India? Well, you have come to the right place. As we all know, India is the largest consumer as well as producer of sugar across the globe.
Compared to all the other industries in India, the sugar industry is considered the second-largest agro-based industry in India.
In India, around 5 lakh workers are working in sugar production, and with an estimated 50 million farmers engaged in sugar farming, the sugar industry is a significant agricultural sector that affects rural livelihoods on a large scale.
You may also like – Ethanol Producing Companies In India
Sugar Industry In India: Updated 2022
The sugar industry is one of the largest businesses in India. Leaving behind Brazil, India has become the largest producer of sugar in the world.
As per recent data, India’s 525 sugar mills produced around 30 million tonnes of sugar in the recent season.
The annual output of the Indian sugar industry today is somewhat around 80,000 crores. According to the government record, there are around 732 sugar factories that are installed in India that produce 339 lakh MT of sugar.
Top Sugar Stocks In India Updated 2022 List
As I already mentioned that sugar is the largest industry in India and India is the world’s largest producer of sugar. There are several firms engaged in India’s sugar sector because of its vastness.
Here, we examine some of India’s top sugar stocks.
|Stock||Mar. Cap.||P/E||Div Yld%|
|EID Parry||9,848 Cr.||10.8||1.98|
|Balrampur Chini||7,972 Cr.||17.2||0.63|
|Bannari Amman Sug.||3,150 Cr.||39.4||0.39|
|Dalmia Bharat||2,926 Cr.||13.4||1.11|
|Dhampur Sugar||1,216 Cr.||9.87||2.66|
|Dwarikesh Sugar||2,159 Cr.||12.8||1.71|
25+ Sugar Companies In India List 2022
1. EID Parry: Largest Producer of Sugar In India
Engaged in the business of Nutraceuticals and sugar, this company was founded in 1788. EID Parry was the first to set up a sugar plant in India at Nelikuppam in 1842.
EID Parry is one of the largest sugar brands in India that manufactures sugar on a large scale. As per today’s data, this company has a total of nine sugar manufacturing plants across the nation.
Tamil Nadu, Karnataka, Andhra Pradesh, and Puducherry are some of the places in South India where this company has set up several sugar plants.
- Revenue: Rs 16.167 Cr
- Market Cap: 3,234 Cr
- Profit: 595 Cr
- Book Value: 0.98
2. Shree Renuka Sugars Ltd: The second-largest sugar manufacturer in India
Established in the year 1998, Shree Renuka Sugars Ltd is said to be the second-largest sugar manufacturer in India.
Currently, the company has seven active sugar mills covering the southwest region of India. The headquarter of this company is located in Mumbai however, the head office of Shree Renuka Sugars Ltd is situated in Belgaum, Karnataka.
With a total crushing capacity of 43,400 TCD, its sugar plants help this company to sustain a high production rate throughout the year.
- Book Value:52.15
- Profit:595 Cr
3. Bajaj Hindustan Sugar Limited: Leading sugar brands in India
Bajaj Hindustan Sugar Ltd was founded in November 1931 by the late Shri Jamnalal Bajaj, this company is considered Asia’s number 1 integrated sugar corporation and the fourth-best in the world.
With its headquarters being situated in Mumbai, Bajaj Hindustan Sugar Ltd is one of the biggest producers of ethanol-based green fuel in India and is seen as the leader in the Asian and Indian sugar industries.
The company has ten active sugar plants across the nation with a cruising capacity of 136,000 tonnes per day.
- Revenue: 6806 Cr
- Profit: 137 CR
- Book Value:14.15
4. Balrampur Chini Mills Ltd
Being one of the largest sugar brands in India, Balrampur Chini Mills Limited was started in 1975 and has one of the largest sugar plants in India.
Spread across the nation, Balrampur Chini Mills has ten sugar manufacturing mills that provide a crushing capacity of 77500 tonnes, a distillery capacity of 560 KL/ day, and a co-generation capacity of 176 MW.
For the seamless operations of work and to make the production more cost-effective all of its sugar mills are located close to each other.
- Revenue:4074 Cr
- Profit: 240.48 Cr
- Book Value:408
5. Triveni Engineering and Industries Ltd
Being seen as a market leader, Triveni Engineering and Industries Ltd is one of the largest ethanol-producing sugar companies in India.
Founded in 1932 Triveni Engineering and Industries Ltd is among the well-known and top sugar brands in India with diverse operations in engineering and agriculture.
The company has 17 world-class facilities and is also engaged in some other businesses related to engineering including gearboxes, water treatment solutions, defense, spanning power transmission, and high-speed gears.
- Revenue: 3631 Cr
- Profit: 262 Cr
- Book Value: 282.50
6. Dhampur Sugar Mills Ltd: Oldest sugar brand in India
Established in 1933, Dhampur Sugar Mills Limited is India’s largest sugarcane processing company as well as the highest ethanol-producers in India.
To be able to crush 23,500 MT sugar per day to produce 2,500 MT sugar per day, generate 121 MW of renewable energy, produce 250,000 liters of alcohol/fuel alcohol per day, and produce 140 tonnes of ethyl acetate per day, this company-owned two integrated crushing complexes.
Refined sugar, white sugar, and retail sugar are some of the products this company deals in.
- Revenue: 3318 Cr
- Profit:251 Cr
- Book Value:264.70
7. Bannari Amman Sugars
Starting in 1986, Bannari Amman Sugars installed its first sugar plant in Tamil Nadu, in Sathyamangalam.
Today date, Bannari corporation has four sugar plants across the nation with a cruising capacity of 4000 TCD.
Being among the top ethanol-producing sugar companies in India, Bannari also trades in granite, liquor, sugar, alcohol, and so on.
- Revenue: 1344 Cr
- Profit: 215.45 Cr
- Book Value:2487
20 More Sugar Company List
List of some of the top sugar manufacturers in India.
- Oswal Overseas
- Riga Sugar
- Khaitan India
- Uttam Sugar Mills
- Kesar Enterprises
- Ravalgaon Sugar Farm
- Dhampure Splty.Sugar
- SBEC Sugar
- E.I.D. Parry (I)
- Dalmia Bharat Sugar
- Parvati Sweeteners
- Dharan Sugars & Chem
- Rajshree Sugars&Chem
- Banna Amman Sugars
- Mawana Sugars
- Bajaj Hindusthan Sug
- Sir Shadi Lal Enter
- DCM Shriram Inds.
- Vishwaraj Sugar Ind
Frequently Asked Questions (FAQs)
How many sugar industries are there in India?
According to the government record, there are around 732 sugar factories that are installed in India that produce 339 lakh MT of sugar. Some of the top sugar industries in India are:
EID Parry (India) Ltd
Shree Renuka Sugars Ltd
Bajaj Hindusthan Sugar Ltd
Balrampur Chini Mills Ltd
Triveni Engineering and Industries Ltd
Dhampur Sugar Mills Ltd
How many sugar shares are there in India?
There are a number of sugar shares in India. Some of the top performing and top returns shares in India are
Balrampur Chini Mill
Shree Hanuman Sugar
Who is the biggest sugar supplier?
As per recent data, Brazil is the biggest sugar supplier in the world followed by:
Which country is No 1 in sugar production?
Currency Brazil rank as the number one sugar-producing country in the world.
India’s sugar industry is the fastest-growing industry. In the above article, I have provided in-depth knowledge about some of the top sugar manufacturers as well as top sugar brands in India.
You can use this data and information to learn more about India’s sugar industry and can even find out the top stocks in India related to the sugar industry.
I hope you find this article knowledgeable. For any doubt or query, you can leave a comment in the comment section.