Uttam Sugar Mills Limited (UTTAMSUGAR) AI Stock Analysis

• Market Cap: ₹9.00B
• Dividend Yield: 1.06%
• Average Volume (3M): 3.17K
• Price to Earnings (P/E): 9.3
• Beta (1Y): 1.81
• Revenue Growth: -0.97%
• EPS Growth: -9.33%
• Country: IN
• Employees: 852
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Food Confectioners
• EPS (TTM): 3.82
• Shares Outstanding: 38,138,120
• 10 Day Avg. Volume: 1,447
• 30 Day Avg. Volume: 3,165
• PEG Ratio: -0.34
• Price to Book (P/B): 1.28
• Price to Sales (P/S): 0.55
• P/FCF Ratio: 18.43
• 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: 65 Neutral
• Price Target: ₹271.00 ▲(9.67% Upside)

Uttam Sugar Mills Limited's overall stock score is driven by its solid financial performance, characterized by strong profitability and a balanced capital structure. However, technical indicators suggest bearish momentum, which is a significant risk. The valuation is reasonable, providing some support to the stock's attractiveness.

Uttam Sugar Mills Limited Business Overview & Revenue Model

Company Description

Uttam Sugar Mills Limited (UTTAMSUGAR) is a prominent player in the Indian sugar industry, primarily engaged in the production of sugar and its by-products. The company operates sugar mills in various regions, focusing on the processing of sugarcane into high-quality sugar products. In addition to sugar, UTTAMSUGAR also produces ethanol and power, utilizing bagasse, a by-product of sugarcane processing, as a renewable energy source. The company is committed to sustainable practices and plays a crucial role in the agricultural ecosystem, supporting local farmers and contributing to rural development.

How the Company Makes Money

Uttam Sugar Mills Limited generates revenue through several key streams: the sale of sugar, which constitutes the largest portion of its income, followed by the production and sale of ethanol, which is increasingly significant due to rising demand for biofuels. The company also earns income from selling power generated from bagasse, contributing to its diversification strategy. UTTAMSUGAR may engage in partnerships with local farmers for sugarcane supply, which ensures a steady supply chain and enhances its production capacity. Additionally, fluctuations in sugar prices, government policies, and demand for ethanol as a fuel alternative significantly impact the company's earnings.

Uttam Sugar Mills Limited Financial Statement Overview

Summary

Uttam Sugar Mills Limited exhibits solid financial health with strong profitability margins and a balanced capital structure. However, the decline in revenue and moderate leverage are areas of concern. Positive cash flow trends are promising, but consistency is crucial for long-term stability.

Income Statement

Uttam Sugar Mills Limited shows a strong gross profit margin of 27.0% for the most recent year, alongside a stable net profit margin of 4.8%. However, the company experienced a decline in revenue from 2024 to 2025, indicating a potential challenge in maintaining growth. EBIT and EBITDA margins remain healthy at 9.0% and 12.0% respectively, suggesting effective control over operating expenses.

Balance Sheet

The debt-to-equity ratio stands at 1.06, indicating moderate leverage, which is manageable but requires monitoring. Return on Equity (ROE) is reasonable at 11.2%, reflecting decent profitability from shareholders' investments. The equity ratio is 36.7%, showing a balanced capital structure with a fair proportion of assets financed by equity.

Cash Flow

The company witnessed a significant improvement in free cash flow from 2024 to 2025, reversing from negative to positive. Operating cash flow to net income ratio is healthy, highlighting efficient cash generation from operations. However, free cash flow to net income ratio suggests some volatility in cash retention.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.21B	18.46B	20.47B	20.59B	20.34B	18.19B
Gross Profit	5.26B	3.38B	5.52B	4.13B	3.07B	3.90B
EBITDA	2.35B	2.21B	2.72B	2.51B	2.82B	2.20B
Net Income	970.70M	883.10M	1.32B	1.24B	1.35B	597.58M
Balance Sheet
Total Assets	0.00	21.48B	17.85B	16.22B	15.70B	17.80B
Cash, Cash Equivalents and Short-Term Investments	122.80M	217.40M	46.23M	63.99M	89.31M	55.10M
Total Debt	0.00	8.33B	7.61B	5.94B	6.40B	8.20B
Total Liabilities	-8.23B	13.25B	10.89B	10.46B	11.07B	14.42B
Stockholders Equity	8.23B	7.88B	6.96B	5.76B	4.63B	3.38B
Cash Flow
Free Cash Flow	0.00	546.00M	-907.59M	1.07B	2.85B	860.26M
Operating Cash Flow	0.00	1.02B	333.46M	1.58B	3.20B	1.79B
Investing Cash Flow	0.00	-619.60M	-1.37B	-500.43M	-280.70M	-876.01M
Financing Cash Flow	0.00	-404.90M	1.02B	-1.10B	-2.86B	-831.63M

Uttam Sugar Mills Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 247.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UTTAMSUGAR, the sentiment is Negative. The current price of 247.1 is below the 20-day moving average (MA) of 250.53, below the 50-day MA of 256.78, and below the 200-day MA of 258.67, indicating a bearish trend. The MACD of -4.32 indicates Positive momentum. The RSI at 32.88 is Neutral, neither overbought nor oversold. The STOCH value of 5.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UTTAMSUGAR.

Uttam Sugar Mills Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAGADSUGAR	74 Outperform	₹7.67B	7.80	―	2.37%	12.18%	-12.51%
UTTAMSUGAR	65 Neutral	₹9.00B	9.27	―	1.06%	-0.97%	-9.33%
AVADHSUGAR	64 Neutral	₹8.21B	11.59	―	2.44%	-2.77%	-38.21%
KOTARISUG	60 Neutral	₹2.53B	20.77	―	―	-33.14%	10.36%
DHAMPURSUG	59 Neutral	₹8.56B	16.80	―	―	4.43%	-42.52%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
SAKHTISUG	56 Neutral	₹2.36B	8.79	―	―	1.70%	-71.32%

Uttam Sugar Mills Limited Corporate Events

Uttam Sugar Mills Announces Trading Window Closure

Uttam Sugar Mills Limited announced the closure of its trading window in compliance with SEBI’s Insider Trading Regulations, effective from October 1, 2025, until 48 hours after the announcement of its financial results for the quarter ending September 30, 2025. This measure is part of the company’s commitment to maintaining transparency and regulatory compliance, potentially impacting stakeholders by limiting trading activities during this period.

Uttam Sugar Mills Announces 30th AGM via Virtual Conference

Uttam Sugar Mills Limited has announced the scheduling of its 30th Annual General Meeting (AGM) for shareholders, set to take place on September 19, 2025, through a virtual conferencing facility. The notice of the AGM was published in prominent newspapers, indicating the company’s commitment to transparency and shareholder engagement. This meeting is a significant event for stakeholders as it provides insights into the company’s performance and future strategies.