THE UGAR SUGAR WORKS LTD·PROCESSED SUGAR 70.18·Agricultural Food & other Products Companies

Price

56.5

+0.76%
O:56.07
H:56.98
L:54
C:56.5

52W Range

33.7557.64
+67%/-2%

Market Cap

₹635.63 Cr

Traded: ₹9.65 Cr (1.52%) 0.0x

Free Float: ₹343.11 Cr (2.81% of FF traded)

Volume · 60D trend

17.32 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+39% 3M:+43% 6M:+40% 12M:+26%

Valuation

P/E9.3
P/B3.7
P/S0.4
EV/EBIT3.6

Business Strength

ROE60.2%
ROCE27.3%
OPM11.6%
NPM5.7%

Growth (3Y CAGR)

EPS+137.9%
Sales+27.0%
Profit+96.0%
3Y Return-28.0%

Balance Sheet

Debt/Equity1.3
Debt225 Cr
Pledge0.0%
CWIP/Fixed Asset13.2%

Cash Position

CFO/NP382.5%
FCF335 Cr
FCF 3Y Avg212 Cr
Cash/MCap3.0%

Others

Div Yield0.5%
Div Payout5.0%
Cash Conv. Cycle96 days
Tradeable Free Float54.0%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 88.25 L
0.26% FF
60d high
₹ 88.25 L
60d low
₹ 51.19 L
60d mean
₹ 68.03 L
vs mean
▲ 29.72%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
--
--
+27.0%
--
+30.0%
Accelerating
ROE
--
+40.0%
+47.0%
--
--
Accelerating
Return
+3.0%
+6.0%
-28.0%
-17.0%
--
Stable
Profit
--
--
+96.0%
--
+17.0%
Decelerating

Quarterly Results

Sep 2023

PDF
Rev
234 Cr
-9% YoY+24% QoQ
OPM-9.0%
NPM-14.1%
PAT
-146% YoY-33 Cr
EPS
-146% YoY-3.0

Jun 2023

PDF
Rev
188 Cr
-44% YoY-69% QoQ
OPM3.2%
NPM-4.8%
PAT
-259% YoY-9 Cr
EPS
-259% YoY-0.8

Mar 2023

PDF
Rev
608 Cr
+67% YoY+2% QoQ
OPM17.0%
NPM10.7%
PAT
+340% YoY65 Cr
EPS
+339% YoY5.8

Dec 2022

PDF
Rev
594 Cr
+99% YoY+132% QoQ
OPM13.0%
NPM7.7%
PAT
-11% YoY46 Cr
EPS
-11% YoY4.0

Sep 2022

PDF
Rev
256 Cr
+1% YoY-24% QoQ
OPM1.3%
NPM-5.1%
PAT
-132% YoY-13 Cr
EPS
-131% YoY-1.2

Jun 2022

PDF
Rev
335 Cr
+51% YoY-8% QoQ
OPM7.0%
NPM1.8%
PAT
+134% YoY6 Cr
EPS
+134% YoY0.5

Mar 2022

PDF
Rev
363 Cr
+14% YoY+21% QoQ
OPM8.0%
NPM4.1%
PAT
+44% YoY15 Cr
EPS
+43% YoY1.3

Dec 2021

PDF
Rev
299 Cr
+27% YoY+18% QoQ
OPM22.0%
NPM17.1%
PAT
+56% YoY51 Cr
EPS
+56% YoY4.5

Sep 2021

PDF
Rev
253 Cr
+32% YoY+14% QoQ
OPM2.7%
NPM-2.4%
PAT
+58% YoY-6 Cr
EPS
+58% YoY-0.5

Jun 2021

PDF
Rev
222 Cr
+6% YoY-31% QoQ
OPM-0.3%
NPM-7.7%
PAT
-37% YoY-17 Cr
EPS
---1.5

Mar 2021

PDF
Rev
320 Cr
+41% YoY+36% QoQ
OPM7.0%
NPM3.1%
PAT
-74% YoY10 Cr
EPS
--0.9

Dec 2020

PDF
Rev
235 Cr
-9% YoY+23% QoQ
OPM19.0%
NPM14.0%
PAT
+29% YoY33 Cr
EPS
--2.9

Sep 2020

PDF
Rev
191 Cr
+15% YoY--
OPM-1.5%
NPM-7.3%
PAT
+9% YoY-14 Cr
EPS
---1.2

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.31
Interest Coverage3.4x
Promoter Pledge0.0%
Borrowings225 Cr

Efficiency

Receivable Days38 days
Inventory Days98 days
Payable Days40 days
Cash Conversion cycle96 days

Cash Position

Operating Cash Flow394 Cr
Investing Cash Flow-48 Cr
Financing Cash Flow-346 Cr
Free Cash Flow335 Cr

Detailed Financials

Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022PDF ↗
Sep 2022PDF ↗
Jun 2022PDF ↗
Mar 2022PDF ↗
Dec 2021PDF ↗
Sep 2021PDF ↗
Jun 2021PDF ↗
Mar 2021PDF ↗
Dec 2020PDF ↗
Sep 2020PDF ↗
Sales234188608594256335363299253222320235191
Expenses254182503518253311335234246223296189194
Operating Profit-2061057532429647-12446-3
OPM %-9.0%3.2%17.0%13.0%1.3%7.0%8.0%22.0%2.7%-0.3%7.0%19.0%-1.5%
Other Income4222021100411
Interest9913912141110111312109
Depreciation7765433333333
Profit Before Tax-32-88963-1291653-6-161234-14
Tax %2.0%20.0%26.0%28.0%10.0%33.0%6.0%3.0%-7.0%7.0%14.0%4.0%-4.0%
Net Profit-33-96546-1361551-6-171033-14
Exceptional Items--------------------------
EPS (Rs)-3.0-0.85.84.0-1.20.51.34.5-0.5-1.50.92.9-1.2
Sales Growth (YoY)-8.7%-43.9%67.5%98.7%1.4%50.8%13.6%27.0%32.1%6.4%41.5%-9.4%15.4%
Sales Growth (QoQ)24.5%-69.1%2.4%132.0%-23.6%-7.7%21.4%18.2%14.0%-30.6%36.2%23.0%--
OP Growth (YoY)-766.7%-75.0%262.1%17.2%-57.1%2500.0%20.8%39.1%333.3%--------
OP Growth (QoQ)-433.3%-94.3%40.0%2400.0%-87.5%-17.2%-54.7%814.3%800.0%-104.2%-47.8%1633.3%--
Profit Growth (YoY)-146.0%-259.0%340.0%-11.0%-132.0%134.0%44.0%56.0%58.0%-37.0%-74.0%29.0%9.0%
EPS Growth (YoY)-145.8%-258.8%339.4%-11.0%-130.8%134.0%43.5%55.8%57.7%--------
EPS Growth (QoQ)-264.2%-114.0%43.2%437.5%-335.3%-61.4%-71.0%975.0%65.3%-263.0%-68.5%337.4%--
OP Margin-8.6%3.2%17.3%12.6%1.2%7.2%8.0%21.4%2.8%-0.5%7.5%19.6%-1.6%
Net Margin-14.1%-4.8%10.7%7.7%-5.1%1.8%4.1%17.1%-2.4%-7.7%3.1%14.0%-7.3%
Material Cost %89.0%80.0%72.0%78.0%86.0%84.0%78.0%66.0%85.0%90.0%80.0%66.0%88.0%
Employee Cost %9.0%9.0%7.0%6.0%6.0%5.0%8.0%7.0%6.0%6.0%7.0%9.0%8.0%
P/S0.39------------------------
P/E9.28------------------------
P/B3.70------------------------

Shareholding Pattern

Shareholders:72.7K (+35.5%)
Current MixMar 2026

Exchange Filings

50
Company Update13 Aug 2026

Submission of press release of Care Ratings with upgrade in Credit ratings. Current ratings given is CARE BBB_; Stable

Company Update12 Aug 2026

Cessation of Mr. Hari Athawale Independent Director after completion of Teneure as Independent Director. Mr. Prafulla Shirgaokar has given his resignation as Non Executive Director w.e.f.11th ....

Company Update11 Aug 2026

Shri Hari Athawal Indepemndent Director cease to be Independent Director w.e.f. 11th Aug 2026 after completion of tenuere and Shri P V Shirgakar has given his resignation as Non executive ....

Company Update11 Aug 2026

Shri Hari Y Athawale is ceased to be Independnet director w.e.f.11th Aug 2026 after completion of his tenuer as Independent Director.

Company Update11 Aug 2026

Shri P. V. Shirgaokar, non-executive director, has given his resignation w.e.f.11th Aug 2026

AGM/EGM06 Aug 2026

Submission of Voting result along with scrutinizer report and AGM Minutes

Result05 Aug 2026

Submission of unaudited financial results for quarter ended 30th June 2026

Board Meeting05 Aug 2026

Outcome of Board Meeting - approval of unaudited financial statements

AGM/EGM05 Aug 2026

Proceedings of AGM

AGM/EGM05 Aug 2026

Proceedings of AGM

Board Meeting25 Jul 2026

Ugar Sugar Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve NOTICE is hereby given that, ....

Company Update16 Jul 2026

Submission of Certificate under DP reg 74 (5)

Others13 Jul 2026

Submission of Annual Report of 2025-26

AGM/EGM13 Jul 2026

Shareholders Meeting on 5th August 2026

Insider Trading / SAST30 Jun 2026

Trading Window closure from 1st July 2026 till the conclusion of BM to, inter alia, consider the result for Quarter ended on 30th June 2026.

Corp. Action19 Jun 2026

The company has fixed Book closure from 30th July 2026 to 5th August 2026 for E-Voting & dividend purposes.

Corp. Action19 Jun 2026

The Company has fixed Wednesday 29th July 2026 as record date for payment of Dividend.

Result22 May 2026

Resubmission of financial as per email from exchange

Company Update13 May 2026

Declaration of Unmodified opinion by Auditors on Financial Results

Result12 May 2026

Submission of Result for March 2026

Board Meeting12 May 2026

Submission of Financial Result for March 2026

Board Meeting04 May 2026

Ugar Sugar Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2026 ,inter alia, to consider and approve NOTICE is hereby given that, ....

Company Update15 Apr 2026

Submission of compliance certificate under Reg. 74(5) of SEBI DP Regulations.

Insider Trading / SAST01 Apr 2026

Closure of trading window from 1st April 2026 till declaration of financial results for quarter and year ended 31st March 2026

Company Update16 Mar 2026

Intimation regarding end of crushing season at Both Units

Result13 Feb 2026

Submission of Unaudited Financial Result for Quarter ended 31st December 2025

Board Meeting13 Feb 2026

Outcome of Board Meeting

Board Meeting05 Feb 2026

Ugar Sugar Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve to approve and take on record ....

Company Update04 Feb 2026

Submission of approval letter for promoter reclassification from BSE & NSE

Company Update04 Feb 2026

Approval of Promoter reclassification

Company Update19 Jan 2026

Intimation of submission of application of promoter reclassification under regulation 31 (a)

Company Update10 Jan 2026

Submission of Certificate under Reg. 74(5) of SEBI DP Regulations

Company Update03 Jan 2026

Please find attached the approval of waiver application for your reference.

Insider Trading / SAST31 Dec 2025

Trading window closure notice

Company Update24 Nov 2025

Start of Crushing season at jewargi unit

Result12 Nov 2025

Submission of Financial Result of September 2025

Board Meeting12 Nov 2025

Approval of Un-audited Financial Statement for Half year ended on 30th September 2025

Company Update11 Nov 2025

Start of Crushing Season at Ugar Unit

Board Meeting03 Nov 2025

Ugar Sugar Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve to approve and take on record ....

Insider Trading / SAST30 Sept 2025

Intimation of Closure of Trading Window from 1st October 2025 till conclusion of Board Meeting

AGM/EGM06 Aug 2025

Submission of Scrutinizer Report along with e-voting result and AGM Minutes of 85th AGM

AGM/EGM05 Aug 2025

Submission of Proceedings of the AGM

Result05 Aug 2025

Submission of Unaudited Financial Result of June 2025

Board Meeting05 Aug 2025

Submission of Financial Result for June 2025

AGM/EGM31 Jul 2025

Corrigendum to the Notice of 85th Annual General Meeting

Board Meeting29 Jul 2025

Ugar Sugar Works Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2025 ,inter alia, to consider and approve NOTICE is hereby given that, ....

Company Update21 Jul 2025

Submission of SEBI DP Certificate under Reg. 74 (5)

Others14 Jul 2025

Submission of BRSR Report of March 2025

AGM/EGM12 Jul 2025

Notice of Annual General Meeting to be held on 5th August 2025 through VC

Others12 Jul 2025

Submission of Annual Report for 2024-2025

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
careRating update
21 May 2025Report
careRating update
03 Jan 2025Report
careRating update
17 Nov 2023Report
crisilRating update
26 Sept 2023Report
careRating update
19 Jul 2023Report
crisilRating update
05 Apr 2023Report