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The Ugar Sugar Works

The Ugar Sugar Works

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Cash Flows ( Figures in Rs. Crores.)

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Historical Growths

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Compounded Expense Growth
Stock Price CAGR
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Ratios ()

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Major Shareholders

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Shareholders more than 1%

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Fund houses invested in the stock (Figures in % Equity Capital )

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Corporate Action

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Documents

Presentation & Earning Calls

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Credit Rating

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Overview

Incorporated on September 11, 1939, Ugar Sugar Works is one of the leading sugar factories in Karnataka. The registered office of the company is located at Mahaveernagar, Sangli. The company is engaged in manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. The company also manufacture Ethanol for the sale to oil companies and Industrial Alcohol for the local market.

The Ugar Sugar Works is the flagship organization of the Shirgaokar Group of Companies. The company has been involved in the manufacture of white crystal sugar. The company operates through the following key business divisions: Sugar Division, Power (Co-generation) Division, Indian Made Liquor (IML) Division, Industrial Alcohol Division, and Ethanol Division.

Business area of the company

The company is engaged in manufacture and sale of sugar, industrial and potable alcohol, and generation and distribution of electricity. The company also manufactures Ethanol for the sale to oil companies and Industrial Alcohol for the local market.

Products of the company

  • White crystal sugar
  • Rectified spirit
  • Malt spirit
  • Industrial alcohol
  • Ethanol
  • Indian Made Liquor (IML)
  • Bagasse-based Power
  • Molasses and other sugar by-products

History and milestones

  • 1939: The company was incorporated on September 11, 1939.
  • 1942: A 500 TCD sugar plant was installed and the first crushing season began on 21 April 1942.
  • 2021: Ugar Sugar Works was incorporated a subsidiary Company namely ‘USW Spirits’ on February 17, 2021.
  • 2022: The company was received Environmental Clearance for expansion for 645 KLPD on sugarcane juice / syrup to Ethanol. Totaling capacity up to 845 KLPD under ethanol blending progammme.
  • 2022: Ugar Sugar Works completed the establishment of 200 KLPD distillery.
  • 2024: Ugar Sugar Works has entered into a Lease Agreement with S.G.Z & S.G.A. Sugars (J.V.).

Brands Of The Ugar Sugar Works

Brands Of The Ugar Sugar Works

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