Ugar Sugar Works Ltd (UGARSUGAR) AI Stock Analysis

• Market Cap: ₹4.49B
• Dividend Yield: 0.6%
• Average Volume (3M): 7.00K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 1.49
• Revenue Growth: 20.40%
• EPS Growth: N/A
• Country: IN
• Employees: 905
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 1.22
• Shares Outstanding: 112,500,000
• 10 Day Avg. Volume: 5,799
• 30 Day Avg. Volume: 6,999
• PEG Ratio: 0.18
• Price to Book (P/B): 2.45
• Price to Sales (P/S): 0.40
• P/FCF Ratio: -9.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: ₹39.00 ▼(-14.27% Downside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is held back primarily by weak financial fundamentals (declining revenue, loss-making year, high leverage, and inconsistent/negative free cash flow). Technicals are mixed with a longer-term downtrend despite some near-term stabilization, while the relatively low P/E provides partial valuation support.

Positive Factors

Vertical integration (cane cultivation + processing)

Owning or controlling both cane cultivation and sugar processing gives durable supply security and cost control. This vertical integration reduces dependence on third-party cane supply, supports factory utilization, and helps stabilize margins versus peers reliant wholly on purchased cane.

Negative Factors

Declining revenue and loss-making year

Sharp revenue declines and a turn to net losses are structural red flags: they erode scale, reduce bargaining power with buyers and suppliers, and make it harder to cover fixed factory costs. Persistent top-line weakness undermines long-term margin recovery and reinvestment capacity.

Ugar Sugar Works Ltd Business Overview & Revenue Model

Company Description

The Ugar Sugar Works Limited manufactures and sells sugar, and industrial and potable alcohol primarily in India. The company offers white crystal sugar and its byproducts, including bagasse, filter cake, and final molasses. It also provides vario...

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The Ugar Sugar Works Limited manufactures and sells sugar, and industrial and potable alcohol primarily in India. The company offers white crystal sugar and its byproducts, including bagasse, filter cake, and final molasses. It also provides vario...

How the Company Makes Money

UGARSUGAR generates revenue primarily through the sale of sugar produced from processed sugarcane. The company’s revenue model is multi-faceted, consisting of key streams such as the direct sale of sugar to wholesalers, retailers, and industrial c...

Read more

UGARSUGAR generates revenue primarily through the sale of sugar produced from processed sugarcane. The company’s revenue model is multi-faceted, consisting of key streams such as the direct sale of sugar to wholesalers, retailers, and industrial c...

Ugar Sugar Works Ltd Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	15.47B	13.30B	11.51B	17.94B	11.14B	9.10B
Gross Profit	1.94B	1.63B	1.96B	3.58B	1.88B	1.16B
EBITDA	849.99M	538.25M	1.03B	2.11B	1.01B	703.56M
Net Income	97.03M	-162.50M	211.43M	1.03B	433.28M	170.53M
Balance Sheet
Total Assets	7.84B	11.31B	10.85B	9.16B	11.64B	8.93B
Cash, Cash Equivalents and Short-Term Investments	188.06M	217.01M	259.38M	177.94M	72.70M	64.01M
Total Debt	4.40B	6.11B	5.66B	4.00B	7.00B	6.10B
Total Liabilities	6.12B	9.15B	8.50B	6.96B	10.42B	8.13B
Stockholders Equity	1.72B	2.16B	2.35B	2.21B	1.22B	805.00M
Cash Flow
Free Cash Flow	2.00B	-561.42M	-1.40B	3.35B	-385.42M	-838.75M
Operating Cash Flow	2.17B	213.06M	-373.18M	3.94B	930.02M	-777.66M
Investing Cash Flow	-159.04M	-725.84M	-982.60M	-484.19M	-1.31B	-55.06M
Financing Cash Flow	-2.02B	520.28M	1.31B	-3.46B	391.51M	787.17M

Ugar Sugar Works Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UGARSUGAR, the sentiment is Positive. The current price of 45.49 is above the 20-day moving average (MA) of 37.97, above the 50-day MA of 37.36, and above the 200-day MA of 42.03, indicating a neutral trend. The MACD of 0.61 indicates Negative momentum. The RSI at 62.93 is Neutral, neither overbought nor oversold. The STOCH value of 78.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UGARSUGAR.

Ugar Sugar Works Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAWANASUG	71 Outperform	₹3.97B	22.43	―	4.69%	6.31%	161.73%
PONNIERODE	68 Neutral	₹2.41B	5.98	―	1.13%	―	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
UGARSUGAR	50 Neutral	₹4.49B	8.79	―	0.60%	20.40%	―
KOTARISUG	49 Neutral	₹1.99B	4.71	―	―	-39.31%	-110.49%
SAKHTISUG	45 Neutral	₹1.89B	-1.68	―	―	1.70%	-71.32%
VISHWARAJ	44 Neutral	₹1.10B	-5.57	―	2.88%	-3.45%	-858.71%

Ugar Sugar Works Ltd Corporate Events