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Ugar Sugar Works UGARSUGAR.NS · INR

Consumer Staples · NSE · 🇮🇳 India

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41.88

+2.42%

Close of 9 Nov 2026, in INR

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About Ugar Sugar Works

Its shares trade on NSE under the ticker UGARSUGAR.NS. It has been listed since 20 August 2010. In the fiscal year to 31 March 2026, it reported revenue of ₹14.84bn and net income of ₹136.1m. At that date it held total assets of ₹13.20bn and shareholders' equity of ₹2.34bn.

The Ugar Sugar Works Ltd. engages in the manufacture and sale of sugar, industrial, and potable alcohol. The company employs 1,125 full-time employees The company went IPO on 2010-08-20. The firm is primarily engaged in the manufacturing and sale of sugar, industrial and potable alcohol, and the generation and distribution of electricity. The company is involved in the manufacture of sugar integrated with cogeneration of power and distillery operations and Indian-made foreign liquor (IMFL). The Company’s plants are located at Ugar Khurd in Belagavi District, and at Malli-Nagarhalli Village in Kalburgi District in the state of Karnataka. The firm crushes a total of 18,000 Tons of Cane per Day (tcd) of sugarcane daily. The firm is operating an over 44 megawatts (MW) bagasse-based cogeneration power plant. The firm has over two distilleries at Ugar, where many of its India Made Liquor (IML) brands, Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy and U.S. Gin are manufactured, and also manufacture ethanol.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Staples
Industry
Food Products
Listed since
20 Aug 2010
Employees
1,125

Leadership

Pay as last reported

  • Shri. Shishir ShirgaokarExecutive Chairman of the Board, Managing Director, since 2020₹5.8m
  • Shri. Rajendra ShirgaokarNon-Executive Chairman of the Board, since 2009₹1.2m
  • Mr. Tushar DeshpandeChief Compliance Officer, Company Secretary
  • Shri. Chandan ShirgaokarJoint Managing Director, Director, since 2011₹4.4m
  • Shri. Niraj ShirgaokarJoint Managing Director, Director, since 2011₹4.6m
  • Shri. Sohan ShirgaokarExecutive Director, since 2014
  • Shri. Sachin ShirgaokarNon-Executive Director
  • Mr. Hari AthawaleAdditional Independent Director
  • Mr. S. GangavatiIndependent Director
  • Mrs. Suneeta ThakurIndependent Director
  • Mr. Shreenath DeshpandeNon-Executive Independent Director
  • Mr. Ashish KamathNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The company operates integrated sugar and distillery plants in Karnataka.
  • It generates electricity using bagasse-based cogeneration technology.
  • Multiple IMFL brands are manufactured at its distillery facilities.

Weaknesses

  • The city location for the headquarters is listed as unknown.
  • The source description is explicitly treated as untrusted facts.
  • Specific financial performance metrics are not provided in the data.

Opportunities

  • The firm crushes 18,000 tons of cane per day for production.
  • It operates over 44 megawatts of power generation capacity.
  • Ethanol manufacturing complements its existing distillery operations.

Threats

  • The company relies on sugarcane which is subject to agricultural risks.
  • Regulatory changes can impact the production of industrial alcohol.
  • Market volatility affects the sale of sugar and liquor products.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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