Date: 30 Jan 2024

Sugar

Sector	Market Cap	No of Companies
Sugar	62935.55	37

 

NetWorth	21931.22	TTM Sales	73843.05	TTM Sales Var (%)	10.56
Debt	16247.89	TTM OP	6599.71	TTM NP Var (%)	24.54
Capital Employed	44952.43	TTM OPM (%)	10.39	EV/TM Sales	0.85
Net Block	26990.91	TTM PATM (%)	2.83	EV/TTM EBITDA	11.28
Current Assets	25000.24	Debt / Equity	0.74	P/E	30.10
ROCE (%)	23.19	RONW (%)	9.53	P/B	2.87

The above figures are in Rs. Crores as of 30 Jan 2024

TTM ended September 2023

	30 Jan 2024	31 Dec 2022	31 Dec 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	62935.55	60794.85	45645.8	3.52	37.88
Total Marketcap	37753281.25	28374455.84		33.05
Sector's share	0.17	0.21		-0.04
Sector No of companies	37	36	33	1	4
Total Listed companies	4525	4237	0	288	4525
Sector's share	0.82	0.85	0	-0.03	0.82
Nifty 50	21737.6		17662.15		23.07

 

Gainers
Company Name	30/01/2024	29/12/2023	Var%
Rajshree Sugars	80.45	56.20	43.15
Zuari Industries	270.20	198.50	36.12
DCM Shriram Inds	188.35	153.90	22.38
Indian Sucrose	95.97	79.71	20.40
Sir Shadi Lal	156.80	133.15	17.76
Losers
Company Name	30/01/2024	29/12/2023	Var%
Uttam Sug.Mills	356.65	405.90	-12.13
Dhampur Bio	137.35	153.05	-10.26
Magadh Sugar	625.00	681.20	-8.25
Parvati Sweetner	11.96	13.01	-8.07
Avadh Sugar	624.35	668.00	-6.53

 

During the month of January 2024, Sugar sector’s Marketcap increased 3.52% to Rs 62935.55 crore, compared to 33.05% rise in total listed marketcap to Rs 37753281.25 crore.

Sector’s share of total listed marketcap moved to 0.17% in January 2024 from 0.21% in December 2022 and % in December 2021.

In terms of price appreciation in the sector, there were 19 gainers and 15 losers in the month of Jan 2024. The gainers accounted for 51.35% of sector companies, losers accounted for 40.54% of sector companies, while 3% remained unchanged.

The top 3 gainers were Rajshree Sugars (43.15% gain), Zuari Industries (36.12% gain) and DCM Shriram Inds (22.38% gain).

The 3 losers at the bottom were Uttam Sug.Mills (-12.13% fall), Dhampur Bio (-10.26% fall) and Magadh Sugar (-8.25% fall).

During the month Dwarikesh Sugar Industries Ltd, Triveni Engineering and Industries Ltd, Ponni Sugars (Erode) Ltd and Dhampur Bio Organics Ltd announced their results. Of these Ponni Sugars (Erode) Ltd reported rise in net profit attributable to shareholders. Companies like Triveni Engineering and Industries Ltd and Dwarikesh Sugar Industries Ltd reported fall in net profit attributable to shareholders.

Dhampur Bio Organics Ltd reported profit to loss.

Dhampur Sugar Mills Ltd announced buyback.

During the month Bannari Amman Sugars Ltd, Dalmia Bharat Sugar & Industries Ltd, EID Parry (India) Ltd, Bajaj Hindusthan Sugar Ltd, Kothari Sugars & Chemicals Ltd, Zuari Industries Ltd, Sakthi Sugars Ltd, Kesar Enterprises Ltd, Dharani Sugars & Chemicals Ltd, Rajshree Sugars & Chemicals Ltd, Balrampur Chini Mills Ltd, DCM Shriram Industries Ltd, Mawana Sugars Ltd, Dhampur Sugar Mills Ltd, Rana Sugars Ltd, Indian Sucrose Ltd, Riga Sugar Company Ltd, Eastern Sugar & Industries Ltd, Ugar Sugar Works Ltd, Oswal Overseas Ltd, Sir Shadi Lal Enterprises Ltd, Dhampure Speciality Sugars Ltd, KCP Sugar & Industries Corporation Ltd, SBEC Sugar Ltd, Naraingarh Sugar Mills Ltd, Dwarikesh Sugar Industries Ltd, Gayatri Sugars Ltd, Davangere Sugar Company Ltd, Triveni Engineering and Industries Ltd, Ponni Sugars (Erode) Ltd, Shree Renuka Sugars Ltd, Uttam Sugar Mills Ltd, Shree Hanuman Sugar & Industries Ltd, KM Sugar Mills Ltd, Simbhaoli Sugars Ltd, Vishwaraj Sugar Industries Ltd, Magadh Sugar & Energy Ltd, Avadh Sugar & Energy Ltd, Parvati Sweetners and Power Ltd, Dollex Agrotech Ltd, Dhampur Bio Organics Ltd and M.V.K. Agro Food Product Ltd filed their shareholding patterns.

FIIs increased their shareholding in DCM Shriram Industries Ltd from 0.99% to 1.40%, Avadh Sugar & Energy Ltd from 3.88% to 4.19%, Magadh Sugar & Energy Ltd from 0.22% to 0.46%, Bajaj Hindusthan Sugar Ltd from 1.64% to 1.80%, Zuari Industries Ltd from 1.36% to 1.49%, Triveni Engineering and Industries Ltd from 4.32% to 4.42%, Dalmia Bharat Sugar & Industries Ltd from 0.96% to 1.06% and Shree Renuka Sugars Ltd from 3.16% to 3.22%. FIIs reduced their shareholding in KCP Sugar & Industries Corporation Ltd from 0.65% to 0.28%, Mawana Sugars Ltd from 0.92% to 0.34%, KM Sugar Mills Ltd from 0.85% to 0.00%, Ugar Sugar Works Ltd from 3.62% to 2.57%, Sakthi Sugars Ltd from 1.16% to 0.00%, Dwarikesh Sugar Industries Ltd from 5.31% to 3.96%, Dhampur Sugar Mills Ltd from 7.57% to 6.21%, Dhampur Bio Organics Ltd from 4.83% to 3.42%, Rana Sugars Ltd from 1.73% to 0.00% and Balrampur Chini Mills Ltd from 14.19% to 10.49%.

DIIs increased their shareholding in Balrampur Chini Mills Ltd from 20.72% to 21.55%, EID Parry (India) Ltd from 4.22% to 4.44%, Triveni Engineering and Industries Ltd from 8.28% to 8.46%, Shree Renuka Sugars Ltd from 10.08% to 10.10% and Dwarikesh Sugar Industries Ltd from 0.05% to 0.07%. DIIs reduced their shareholding in Avadh Sugar & Energy Ltd from 0.28% to 0.23%, Bajaj Hindusthan Sugar Ltd from 12.38% to 9.45% and Rajshree Sugars & Chemicals Ltd from 11.80% to 4.90%.

Promoters increased their shareholding in Uttam Sugar Mills Ltd from 72.85% to 73.18%, Dhampur Bio Organics Ltd from 50.44% to 50.63% and Dhampure Speciality Sugars Ltd from 56.10% to 56.27%. Promoters reduced their shareholding in EID Parry (India) Ltd from 44.51% to 42.23% and Gayatri Sugars Ltd from 59.58% to 53.82%.

During the month Annual reports of Bannari Amman Sugars Ltd, Dalmia Bharat Sugar & Industries Ltd, EID Parry (India) Ltd, Bajaj Hindusthan Sugar Ltd, Kothari Sugars & Chemicals Ltd, Modi Industries Ltd, Zuari Industries Ltd, Sakthi Sugars Ltd, Kesar Enterprises Ltd, Dharani Sugars & Chemicals Ltd, Vishnu Sugar Mills Ltd, Rajshree Sugars & Chemicals Ltd, Sri Chamundeswari Sugars Ltd, Balrampur Chini Mills Ltd, DCM Shriram Industries Ltd, Mawana Sugars Ltd, Empee Sugars & Chemicals Ltd, Dhampur Sugar Mills Ltd, Sri Sarvaraya Sugars Ltd, Rana Sugars Ltd, Indian Sucrose Ltd, Ugar Sugar Works Ltd, Oswal Overseas Ltd, Sir Shadi Lal Enterprises Ltd, Dhampure Speciality Sugars Ltd, KCP Sugar & Industries Corporation Ltd, Nizam Sugars Ltd, Saraswati Sugar Mills Ltd, SBEC Sugar Ltd, Naraingarh Sugar Mills Ltd, Dwarikesh Sugar Industries Ltd, Gayatri Sugars Ltd, Harinagar Sugar Mills Ltd, Prudential Ammana Sugars Ltd, Narkatiganj Farms Ltd, Rajpur Farms Ltd, Davangere Sugar Company Ltd, United Provinces Sugar Co Ltd, Triveni Engineering and Industries Ltd, Shamanur Sugars Ltd, Ponni Sugars (Erode) Ltd, Shree Changdeo Sugar Mills Ltd, KCP Sugars & Agricultural Research Farms Ltd, Shakumbari Sugar & Allied Industries Ltd, Kanoria Sugar & General Mfg. Co. Ltd, Mewar Sugar Mills Ltd, Shervani Sugar Syndicate Ltd, Shree Ambika Sugars Ltd, Shree Renuka Sugars Ltd, Tikaula Sugar Mills Ltd, Uttam Sugar Mills Ltd, J H V Sugar Ltd, Dhanashree Agro Products Pvt Ltd, Rai Bahadur Narain Singh Sugar Mills Ltd, Wahid Sandhar Sugars Ltd, Rajasthan State Ganganagar Sugar Mills Ltd, Perambalur Sugar Mills Ltd, Shree Hanuman Sugar & Industries Ltd, KM Sugar Mills Ltd, Natural Sugar & Allied Industries Ltd, The Seksaria Biswan Sugar Factory Ltd, Shri Prabhulingeshwar Sugars & Chemicals Ltd, KBD Sugars & Distilleries Ltd, Cosmos Industries Ltd, NSL Sugars Ltd, Mahakaushal Sugar & Power Industries Ltd, Delta Sugars Ltd, Indian Cane Power Ltd, Coromandel Sugars Ltd, Godavari Biorefineries Ltd, Natural Growers Pvt Ltd, Nirani Sugars Ltd, Matoshri Laxmi Sugar & Co-Generation IndustriesLtd, Simbhaoli Sugars Ltd, Parry Sugars Refinery India Pvt Ltd, Balrampur Agro Industries Pvt Ltd, Core Green Sugar And Fuels Pvt Ltd, Maharajganj Agro Industries Pvt Ltd, IPL Sugars & Allied Industries Ltd, Chadha Sugars & Industries Pvt Ltd, Vishwaraj Sugar Industries Ltd, Magadh Sugar & Energy Ltd, Avadh Sugar & Energy Ltd, HPCL Biofuels Ltd, Parrys Sugar Ltd, Majhaulia Sugar Industries Pvt Ltd, Parvati Sweetners and Power Ltd, Vitthal Corporation Ltd, Progressive Sales Pvt Ltd, Dollex Agrotech Ltd, Dhampur Bio Organics Ltd, B V G Hitech Agro Ltd, Swaraj Green Power & Fuel Ltd, Nikhil Sugar Pvt Ltd, Superior Food Grains Pvt Ltd, Phenil Sugars Ltd, Shivashakti Sugars Ltd, S P R Sugars Pvt Ltd, Bhalkeshwar Sugars Ltd, G M Sugar & Energy Ltd, Chhatrapati Sambhaji Raje Sakhar Udyog Ltd, Dharashiv Sakhar Karkhana Ltd, Aakriti Sugar Mills Pvt Ltd, Vanshika Sugar & Power Inds. Ltd, Sidhanath Sugar Mills Ltd, Bhairavnath Sugar Works Ltd, Baliraja Sakhar Karkhana Ltd, Jaywant Sugars Ltd, Daund Sugar Pvt Ltd, Sadguru Sri Sri Sakhar Karkhana Ltd, Indreshwar Sugar Mills Ltd, Utopian Sugars Ltd, Jarandeshwar Sugar Mills Pvt Ltd, Sar Senapati Santaji Ghorpade Sugar Factory Ltd, Kichha Sugar Co. Ltd, Ganpati Sugar Inds. Ltd, Anamika Sugar Mills Pvt Ltd, Bhimashankar Sugar Mills Pvt Ltd, Tirupati Sugars Ltd, Mylar Sugars Ltd, Samrudhi Sugars Ltd, Jagruti Sugar & Allied Inds. Ltd, Ashti Sugar Ltd, Eco Cane Sugar Energy Ltd, Shri Gurudatt Sugars Ltd, Mukteshwar Sugar Mills Ltd, Udagiri Sugar & Power Ltd, Novel Sugar Ltd, Vijayanagar Sugar Pvt Ltd, Shiraguppi Sugar Works Ltd, Gokak Sugars Ltd, Bilagi Sugar Mill Ltd, Shri Sai Priya Sugars Ltd, Shri Ambalika Sugar Pvt Ltd, Sharayu Agro Inds. Ltd, P B S Foods (Sugar) Pvt Ltd, Mornisa Bioorganics Pvt Ltd, Jai Hind Sugar Pvt Ltd, Loknete Baburao Patil Agro Inds. Ltd, Lakshmiji Sugar Mills Co. Ltd, Yadu Sugar Ltd, N C S Sugars (Nellore) Ltd, Gem Sugars Ltd and M.V.K. Agro Food Product Ltd were updated in Capitaline.