Date: 28 Jun 2024

Sugar

Sector	Market Cap	No of Companies
Sugar	71142.88	38

 

NetWorth	27185.34	TTM Sales	71699.14	TTM Sales Var (%)	-6.34
Debt	23439.40	TTM OP	6143.34	TTM NP Var (%)	-3.57
Capital Employed	58196.89	TTM OPM (%)	11.58	EV/TM Sales	0.99
Net Block	29113.80	TTM PATM (%)	3.49	EV/TTM EBITDA	14.65
Current Assets	41080.73	Debt / Equity	0.86	P/E	28.40
ROCE (%)	23.05	RONW (%)	9.21	P/B	2.62

The above figures are in Rs. Crores as of 28 Jun 2024

TTM ended March 2024

	28 Jun 2024	31 May 2023	31 May 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	71136.24	52612.38	55021.01	35.21	29.29
Total Marketcap	44240598.14	28483979.84	24489912.48	55.32	80.65
Sector's share	0.16	0.18	0.22	-0.02	-0.06
Sector No of companies	37	36	34	1	3
Total Listed companies	4672	4301	4108	371	564
Sector's share	0.79	0.84	0.83	-0.05	-0.04
Nifty 50	24010.6	22530.7	19189.05	6.57	25.13

 

Gainers
Company Name	28/06/2024	28/05/2024	Var%
Shree Hanuman Sg	16.90	6.56	157.62
Indian Sucrose	114.12	80.37	41.99
Kesar Enterprise	178.45	134.75	32.43
Sir Shadi Lal	367.45	283.45	29.63
Bannari Amm.Sug.	3133.60	2422.65	29.35
Losers
Company Name	28/06/2024	28/05/2024	Var%
Davangere Sugar	8.41	10.22	-17.71
Dhampur.Spl.Sug.	91.41	97.95	-6.68
DCM Shriram Inds	213.75	214.15	-0.19

 

During the month of June 2024, Sugar sector’s Marketcap increased 35.21% to Rs 71136.24 crore, compared to 55.32% rise in total listed marketcap to Rs 44240598.14 crore.

Sector’s share of total listed marketcap moved to 0.16% in June 2024 from 0.18% in May 2023 and 0.22% in May 2022.

In terms of price appreciation in the sector, there were 31 gainers and 3 losers in the month of Jun 2024. The gainers accounted for 81.58% of sector companies, losers accounted for 7.89% of sector companies, while 4% remained unchanged.

The top 3 gainers were Shree Hanuman Sg (157.62% gain), Indian Sucrose (41.99% gain) and Kesar Enterprise (32.43% gain).

The 3 losers at the bottom were Davangere Sugar (-17.71% fall), Dhampur.Spl.Sug. (-6.68% fall) and DCM Shriram Inds (-0.19% fall).

During the month Naraingarh Sugar Mills Ltd announced their results. Companies like Naraingarh Sugar Mills Ltd reported fall in net profit attributable to shareholders.

Dhampur Bio Organics Ltd and Mawana Sugars Ltd became ex-dividend.

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, Godavari Biorefineries 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 Balrampur Chini Mills Ltd from 10.49% to 11.27%, Bajaj Hindusthan Sugar Ltd from 1.80% to 2.57%, DCM Shriram Industries Ltd from 1.40% to 2.01%, Triveni Engineering and Industries Ltd from 4.42% to 4.91%, Dwarikesh Sugar Industries Ltd from 3.96% to 4.36%, Vishwaraj Sugar Industries Ltd from 0.00% to 0.26%, KM Sugar Mills Ltd from 0.00% to 0.25%, Shree Renuka Sugars Ltd from 3.22% to 3.36%, EID Parry (India) Ltd from 8.71% to 8.85% and Mawana Sugars Ltd from 0.34% to 0.44%. FIIs reduced their shareholding in Dalmia Bharat Sugar & Industries Ltd from 1.06% to 1.02%, Avadh Sugar & Energy Ltd from 4.19% to 4.13%, Dhampur Sugar Mills Ltd from 6.21% to 6.02%, Uttam Sugar Mills Ltd from 0.30% to 0.07%, KCP Sugar & Industries Corporation Ltd from 0.28% to 0.04%, Ugar Sugar Works Ltd from 2.57% to 2.05%, Dhampur Bio Organics Ltd from 3.42% to 1.95% and Ponni Sugars (Erode) Ltd from 22.85% to 19.15%.

DIIs increased their shareholding in EID Parry (India) Ltd from 4.44% to 11.43% and Triveni Engineering and Industries Ltd from 8.46% to 8.49%. DIIs reduced their shareholding in Shree Renuka Sugars Ltd from 10.10% to 10.09%, Dwarikesh Sugar Industries Ltd from 0.07% to 0.00%, Kothari Sugars & Chemicals Ltd from 0.83% to 0.67%, Bajaj Hindusthan Sugar Ltd from 9.45% to 8.60%, Balrampur Chini Mills Ltd from 21.55% to 20.65% and Rajshree Sugars & Chemicals Ltd from 4.90% to 2.88%.

Promoters increased their shareholding in Uttam Sugar Mills Ltd from 73.18% to 73.70%, Dhampur Bio Organics Ltd from 50.63% to 50.78%, Ugar Sugar Works Ltd from 44.34% to 44.45% and Dhampur Sugar Mills Ltd from 49.08% to 49.12%. Promoters reduced their shareholding in Davangere Sugar Company Ltd from 74.35% to 70.70% and Sir Shadi Lal Enterprises Ltd from 61.77% to 36.34%.

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, Willard India 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, Dewan Sugar 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, Golden Sandhar Mills 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, Mahakaushal Sugar & Power Industries Ltd, Delta Sugars Ltd, Indian Cane Power Ltd, Gangamai Industries & Constructions 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, NSL Sugars (Tungabhadra) 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.