Revenue Diversification From Co-productsVishwaraj’s business mixes sugar sales with ethanol, molasses and bagasse-based power, creating multiple cashflow channels. Over 2–6 months this structural diversification reduces single-commodity exposure, supports revenue stability across sugar cycles and aids margin recovery when sugar prices weaken.

Operational Flexibility To Shift To EthanolThe ability to switch cane/mollases output into ethanol rather than sugar is a durable strategic advantage. With India's mandated blending and steady ethanol demand, this flexibility can protect margins and cash generation over multiple seasons as management reallocates output when ethanol economics are stronger.

Manageable Leverage And Equity BaseA moderate debt-to-equity (~1.39) and a continued equity base provide financial resilience for seasonal working capital cycles and capital projects. This structural balance sheet profile supports access to financing and cushions operating volatility while the company works to restore cash flows.

Bears Say

Severe Cash Flow StressA large swing to negative free cash flow materially reduces the company's ability to fund working capital, service debt or invest in ethanol capacity without external financing. Persistently negative FCF over quarters undermines liquidity and raises refinancing or covenant risk over the medium term.

Sharp Margin CompressionA collapse in gross margin signals structural cost or pricing pressure (higher cane costs, lower sugar realizations). Such compression erodes the buffer for SG&A and interest, makes profitability highly sensitive to commodity swings, and limits the firm's ability to rebuild reserve margins over months.

Declining Revenues And Loss-makingA material revenue decline combined with a move to net losses reduces internal funding for operations and investment. Continued top-line shrinkage coupled with negative margins hinders debt coverage, weakens credit metrics and constrains capital allocation choices over the coming quarters.

Vishwaraj Sugar Industries Ltd. News

Vishwaraj Sugar Files SEBI Demat Compliance Certificate for December 2025 Quarter

Vishwaraj Sugar Industries Ltd. ( ($IN:VISHWARAJ) ) just unveiled an announcement. Vishwaraj Sugar Industries Ltd. has notified the...

29d ago

VISHWARAJ FAQ

What was Vishwaraj Sugar Industries Ltd.’s price range in the past 12 months?

Vishwaraj Sugar Industries Ltd. lowest stock price was ₹5.42 and its highest was ₹11.90 in the past 12 months.

What is Vishwaraj Sugar Industries Ltd.’s market cap?

Vishwaraj Sugar Industries Ltd.’s market cap is ₹1.22B.

When is Vishwaraj Sugar Industries Ltd.’s upcoming earnings report date?

Vishwaraj Sugar Industries Ltd.’s upcoming earnings report date is May 21, 2026 which is in 85 days.

How were Vishwaraj Sugar Industries Ltd.’s earnings last quarter?

Vishwaraj Sugar Industries Ltd. released its earnings results on Feb 12, 2026. The company reported -₹0.308 earnings per share for the quarter, missing the consensus estimate of N/A by -₹0.308.

Is Vishwaraj Sugar Industries Ltd. overvalued?

According to Wall Street analysts Vishwaraj Sugar Industries Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Vishwaraj Sugar Industries Ltd. pay dividends?

Vishwaraj Sugar Industries Ltd. pays a Notavailable dividend of ₹0.2 which represents an annual dividend yield of 2.88%. See more information on Vishwaraj Sugar Industries Ltd. dividends here

What is Vishwaraj Sugar Industries Ltd.’s EPS estimate?

Vishwaraj Sugar Industries Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Vishwaraj Sugar Industries Ltd. have?

Vishwaraj Sugar Industries Ltd. has 217,827,700 shares outstanding.

What happened to Vishwaraj Sugar Industries Ltd.’s price movement after its last earnings report?

Vishwaraj Sugar Industries Ltd. reported an EPS of -₹0.308 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.003%.

Which hedge fund is a major shareholder of Vishwaraj Sugar Industries Ltd.?

Currently, no hedge funds are holding shares in IN:VISHWARAJ

What is the TipRanks Smart Score and how is it calculated?

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Company Description

Vishwaraj Sugar Industries Ltd.

Vishwaraj Sugar Industries Limited manufactures and sells sugar and other related products in India. It operates through Sugar, Co-Generation, Distillery, IML, and Vinegar segments. The company also produces distillery products, including ethanol, and rectified and extra-neutral spirits; and bagasse, molasses, brewed vinegar, compost, press-mud, and carbon dioxide. In addition, it is involved in the co-generation of electricity with an installed capacity of 36.4 MW. The company was formerly known as Vishwanath Sugar and Steel Industries Limited and changed its name to Vishwaraj Sugar Industries Limited in November 2012. Vishwaraj Sugar Industries Limited was incorporated in 1995 and is based in Belgaum, India.