Diversified Co-product Revenue (ethanol, Molasses, Bagasse/power)Vishwaraj's ability to monetize ethanol, molasses and bagasse alongside sugar gives durable revenue optionality. Structurally, the mill can shift output toward higher‑margin ethanol or power sales when sugar economics weaken, lowering commodity exposure over cycles.

Manageable Leverage And Solid Equity BaseA debt-to-equity around 1.39 and a maintained equity base provide financial headroom versus highly leveraged peers. This relative stability supports refinancing, working capital needs and capital spending during seasonal cycles common in sugar businesses.

Operating Cash Flow Shows Conversion EfficiencyDespite negative free cash flow, a healthy operating‑cash‑to‑net‑income ratio implies core operations can convert income to cash. That operational cash conversion is a durable strength for funding seasonal procurement and sustaining operations through cyclical downturns.

Bears Say

Declining Revenue TrendA ~17% year‑over‑year revenue decline erodes scale and weakens fixed cost absorption in a capital‑intensive mill business. Persistently falling top line reduces pricing leverage, limits reinvestment capacity and makes margin recovery harder over coming quarters.

Severe Margin Compression And UnprofitabilitySharp gross margin erosion to ~3% and a swing to net loss indicate structural cost or recovery issues (e.g., higher cane costs or lower recoveries). Sustained margin weakness undermines cash generation and constrains strategic investments and competitiveness long term.

Free Cash Flow DeteriorationA swing to deeply negative free cash flow reduces liquidity for debt service, working capital and capex. Over several months, persistent negative FCF can force asset sales, equity raises or higher leverage, impairing strategic flexibility and operational continuity.

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...

1M 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 83 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?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

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.