Sector Alpha Week of 2026-08-05
20-quarter listed-company comparison

Sugar Stocks in India

Sugar: EID Parry (India) Ltd owns the largest revenue base; Andhra Sugars Ltd has the fastest current growth.

01 · the index people search for

Nifty Sugar Index — Constituents & Performance

The Sugar companies below are the listed Indian Sugar universe this page tracks — the same constituent set people search for as the Nifty Sugar index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Sugar moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 11% behind NIFTY 500. Earnings across its companies grew 18% on average over the last four reported quarters.

ASLEEP · 1y −6.8%~Moving with the index1 of 18 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 6/18 >200d (−3) · 1/18 lead (−3) · EPS 9/16↑

20030020262025202420232022 307333 TRAILING 12-MONTH EPS · 100 AT THE START0100Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 43.9% on a year ago · 11 reportingDec 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 53.2% on a year ago · 11 reportingMar 2024 · trailing 12-month earnings per share at 90, against 100 at the start · up 6.2% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 10.5% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 59, against 100 at the start · down 22.9% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 49, against 100 at the start · down 46.2% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 60, against 100 at the start · down 31.3% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 53, against 100 at the start · down 30.0% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 85, against 100 at the start · down 6.5% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 84, against 100 at the start · up 27.7% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 73, against 100 at the start · up 12.9% on a year ago · 13 reportingJun 2026 · trailing 12-month earnings per share at 72, against 100 at the start · up 38.7% on a year ago · 4 reporting · thin coverageNot reported yet — earnings trail price by a quarter or two72No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20030020262025202420232022 307333 TRAILING 12-MONTH EPS · 100 AT THE START0100Jun 24Jun 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 43.9% on a year ago · 11 reportingDec 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 53.2% on a year ago · 11 reportingMar 2024 · trailing 12-month earnings per share at 90, against 100 at the start · up 6.2% on a year ago · 12 reportingJun 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 10.5% on a year ago · 13 reportingSep 2024 · trailing 12-month earnings per share at 59, against 100 at the start · down 22.9% on a year ago · 13 reportingDec 2024 · trailing 12-month earnings per share at 49, against 100 at the start · down 46.2% on a year ago · 13 reportingMar 2025 · trailing 12-month earnings per share at 60, against 100 at the start · down 31.3% on a year ago · 13 reportingJun 2025 · trailing 12-month earnings per share at 53, against 100 at the start · down 30.0% on a year ago · 13 reportingSep 2025 · trailing 12-month earnings per share at 85, against 100 at the start · down 6.5% on a year ago · 13 reportingDec 2025 · trailing 12-month earnings per share at 84, against 100 at the start · up 27.7% on a year ago · 13 reportingMar 2026 · trailing 12-month earnings per share at 73, against 100 at the start · up 12.9% on a year ago · 13 reportingJun 2026 · trailing 12-month earnings per share at 72, against 100 at the start · up 38.7% on a year ago · 4 reporting · thin coverageNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Sugar, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 18 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Sugar outperforming NIFTY 500?

Sugar has underperformed NIFTY 500 by 9.6% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 15.1%. 6 of 20 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. M.V.K. Agro Food Product Ltd is the strongest against the sector itself at +33.8%. Readings are as of 2026-07-19.

-15.1%Sector vs NIFTY 500 · 13 weeks
-9.6%Sector vs NIFTY 500 · 52 weeks
6/20Stocks leading NIFTY 500
8/19Stocks leading sector

Sector metric: 16.7 as of 2026-07-19 · NARROWING · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Sugar has underperformed NIFTY 500 by 9.6% over 52 weeks and 15.1% over 13 weeks. 6 of 20 covered companies beat NIFTY on Mansfield relative strength, while 8 of 19 beat the sector itself. EID Parry (India) Ltd leads with revenue of ₹38,542 crore, based on 19 of 20 comparable companies through Mar 2026.

Companies
20
complete canonical membership
Combined market value
₹73.4K Cr
DCM Shriram Ltd
Revenue growing
14/19
positive TTM year-on-year growth
Beating NIFTY 500
6/20
positive Mansfield relative strength
Comparing 5 of 20
04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Andhra Sugars Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82.8% evidence confidence.
Dalmia Bharat Sugar & Industries Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Dalmia Bharat Sugar & Industries Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Andhra Sugars LtdANDHRSUGAR 65.7/100Favorable setup83% evidence FADING 26.7/35 Revenue 22.1% · PAT 100% · OPM change -1.8 pp 83% evidence 12.9/25 ROCE 8.5% · OPM 7.5% 95% evidence 13.0/20 P/E 11.2× · PEG — 50% evidence 13.1/20 RS sector 8.6% · RS bench 1.9% · 1Y 2.2%6 of 12 weeks ahead 100% evidence
Exact sum: 26.7 + 12.9 + 13 + 13.1 = 65.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2DCM Shriram LtdDCMSHRIRAM 60.5/100Mixed-positive evidence100% evidence ASLEEP 23.8/35 Revenue 11.1% · PAT 100% · OPM change 0 pp 100% evidence 13.0/25 ROCE 11.5% · OPM 9% 100% evidence 16.8/20 P/E 11.8× · PEG 0.44 100% evidence 6.9/20 RS sector -6.5% · RS bench -12% · 1Y -26%0 of 12 weeks ahead 100% evidence
Exact sum: 23.8 + 13 + 16.8 + 6.9 = 60.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -6.5% and the one-year return is -26%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
3Uttam Sugar Mills LtdUTTAMSUGAR 58.4/100Mixed-positive evidence70% evidence ASLEEP 23.1/35 Revenue 19.2% · PAT 17.4% · OPM change 1 pp 83% evidence 17.1/25 ROCE 11.5% · OPM 21% 95% evidence 11.2/20 P/E 8.4× · PEG — 15% evidence 7.0/20 RS sector -9.1% · RS bench -8.2% · 1Y -17.3%5 of 10 weeks ahead 70% evidence
Exact sum: 23.1 + 17.1 + 11.2 + 7 = 58.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4M.V.K. Agro Food Product LtdMVKAGRO 56.6/100Thin evidence · provisional52% evidence ASLEEP 18.2/35 Revenue — · PAT — · OPM change 17 pp 32% evidence 17.6/25 ROCE 14.4% · OPM 22% 95% evidence 8.8/20 P/E 35.8× · PEG — 15% evidence 12.0/20 RS sector 33.8% · RS bench -37.8% · 1Y 47.2%0 of 10 weeks ahead 70% evidence
Exact sum: 18.2 + 17.6 + 8.8 + 12 = 56.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Bannari Amman Sugars LtdBANARISUG 55.0/100Mixed-positive evidence96% evidence BASING 17.9/35 Revenue 6.9% · PAT 42.3% · OPM change -9.7 pp 88% evidence 14.9/25 ROCE 9.3% · OPM 1.3% 100% evidence 9.6/20 P/E 29.5× · PEG 1.75 100% evidence 12.6/20 RS sector 0.9% · RS bench -5% · 1Y -7.8%0 of 12 weeks ahead 100% evidence
Exact sum: 17.9 + 14.9 + 9.6 + 12.6 = 55 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Dalmia Bharat Sugar & Industries LtdDALMIASUG 54.2/100Mixed-positive evidence96% evidence ASLEEP 9.6/35 Revenue -3.2% · PAT -37.7% · OPM change -2 pp 88% evidence 13.1/25 ROCE 8.2% · OPM 17% 100% evidence 14.3/20 P/E 12.3× · PEG 0.48 100% evidence 17.2/20 RS sector 9.6% · RS bench 2.8% · 1Y -7.3%4 of 12 weeks ahead 100% evidence
Exact sum: 9.6 + 13.1 + 14.3 + 17.2 = 54.2 · Decision use: Price leads the evidence: RS versus the benchmark is 2.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7Dhampur Sugar Mills LtdDHAMPURSUG 52.4/100Mixed-positive evidence87% evidence ASLEEP 20.5/35 Revenue 1.3% · PAT 36.3% · OPM change 1.3 pp 95% evidence 8.5/25 ROCE 6.4% · OPM 5.7% 95% evidence 9.0/20 P/E 12.4× · PEG — 50% evidence 14.4/20 RS sector 7% · RS bench 0.4% · 1Y -6.8%5 of 12 weeks ahead 100% evidence
Exact sum: 20.5 + 8.5 + 9 + 14.4 = 52.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8EID Parry (India) LtdEIDPARRY 50.9/100Mixed-positive evidence72% evidence ASLEEP 19.9/35 Revenue 21.9% · PAT -22.2% · OPM change 0 pp 83% evidence 16.9/25 ROCE 17% · OPM 8% 76% evidence 9.6/20 P/E 20.6× · PEG — 50% evidence 4.5/20 RS sector -20.5% · RS bench -18.4% · 1Y -35.3%0 of 10 weeks ahead 70% evidence
Exact sum: 19.9 + 16.9 + 9.6 + 4.5 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Balrampur Chini Mills LtdBALRAMCHIN 50.3/100Mixed-positive evidence96% evidence BREAKING OUT 15.3/35 Revenue 15.8% · PAT -13.1% · OPM change -6 pp 88% evidence 13.2/25 ROCE 9.3% · OPM 18% 100% evidence 2.4/20 P/E 32.7× · PEG 2.21 100% evidence 19.4/20 RS sector 24% · RS bench 16.5% · 1Y -0.5%8 of 12 weeks ahead 100% evidence
Exact sum: 15.3 + 13.2 + 2.4 + 19.4 = 50.3 · Decision use: Price leads the evidence: RS versus the benchmark is 16.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
10Dhampur Bio Organics LtdDBOL 48.1/100Mixed-negative evidence72% evidence ASLEEP 21.0/35 Revenue 8% · PAT 100% · OPM change -0.1 pp 71% evidence 6.1/25 ROCE 5% · OPM 1.7% 95% evidence 9.7/20 P/E 25.4× · PEG — 15% evidence 11.3/20 RS sector 7.7% · RS bench 1% · 1Y 10.7%5 of 12 weeks ahead 100% evidence
Exact sum: 21 + 6.1 + 9.7 + 11.3 = 48.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Avadh Sugar & Energy LtdAVADHSUGAR 47.7/100Mixed-negative evidence83% evidence BREAKING OUT 8.9/35 Revenue 2.2% · PAT -34.8% · OPM change -4 pp 83% evidence 11.6/25 ROCE 6.8% · OPM 18% 95% evidence 8.1/20 P/E 16.1× · PEG — 50% evidence 19.1/20 RS sector 24.1% · RS bench 16.2% · 1Y 8.5%7 of 12 weeks ahead 100% evidence
Exact sum: 8.9 + 11.6 + 8.1 + 19.1 = 47.7 · Decision use: Price leads the evidence: RS versus the benchmark is 16.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
12Bajaj Hindusthan Sugar LtdBAJAJHIND 47.6/100Mixed-negative evidence90% evidence ASLEEP 22.4/35 Revenue -2.2% · PAT 100% · OPM change 4 pp 88% evidence 9.4/25 ROCE 2.3% · OPM 22% 100% evidence 11.1/20 P/E 28.5× · PEG 1.32 100% evidence 4.7/20 RS sector -21% · RS bench -12.7% · 1Y -33.2%6 of 11 weeks ahead 70% evidence
Exact sum: 22.4 + 9.4 + 11.1 + 4.7 = 47.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Godavari Biorefineries LtdGODAVARIB 44.3/100Mixed-negative evidence76% evidence ASLEEP 20.1/35 Revenue 6.3% · PAT 100% · OPM change -4 pp 83% evidence 9.2/25 ROCE 6.5% · OPM 15% 95% evidence 8.7/20 P/E 39.7× · PEG — 15% evidence 6.3/20 RS sector -2.3% · RS bench -8.3% · 1Y -17.1%2 of 12 weeks ahead 100% evidence
Exact sum: 20.1 + 9.2 + 8.7 + 6.3 = 44.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Zuari Industries LtdZUARIIND 43.1/100Mixed-negative evidence62% evidence ASLEEP 18.8/35 Revenue 7.7% · PAT 100% · OPM change 1 pp 62% evidence 8.1/25 ROCE 5.5% · OPM 11% 95% evidence 11.5/20 P/E 6.6× · PEG — 15% evidence 4.7/20 RS sector -26.8% · RS bench -10.8% · 1Y -2.4%2 of 10 weeks ahead 70% evidence
Exact sum: 18.8 + 8.1 + 11.5 + 4.7 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Triveni Engineering and Industries LtdTRIVENI 36.7/100Mixed-negative evidence82% evidence ASLEEP 18.0/35 Revenue 4% · PAT 29.1% · OPM change 1 pp 95% evidence 9.6/25 ROCE 6.8% · OPM 3.4% 76% evidence 6.8/20 P/E 18.6× · PEG — 50% evidence 2.3/20 RS sector -33.2% · RS bench -3.8% · 1Y -39.6%0 of 12 weeks ahead 100% evidence
Exact sum: 18 + 9.6 + 6.8 + 2.3 = 36.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Davangere Sugar Company LtdDAVANGERE 36.3/100Mixed-negative evidence70% evidence 14.4/35 Revenue 11.1% · PAT -22.3% · OPM change -6.9 pp 83% evidence 8.9/25 ROCE 5.6% · OPM 10.1% 95% evidence 8.5/20 P/E 58.6× · PEG — 15% evidence 4.5/20 RS sector -25% · RS bench -12.6% · 1Y -47%1 of 8 weeks ahead 70% evidence
Exact sum: 14.4 + 8.9 + 8.5 + 4.5 = 36.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Magadh Sugar & Energy LtdMAGADSUGAR 36.0/100Mixed-negative evidence77% evidence ASLEEP 6.4/35 Revenue -5.9% · PAT -41.3% · OPM change -5 pp 83% evidence 11.9/25 ROCE 7.8% · OPM 27% 95% evidence 10.1/20 P/E 11.1× · PEG — 50% evidence 7.6/20 RS sector -19.1% · RS bench -0.8% · 1Y -11.1%2 of 10 weeks ahead 70% evidence
Exact sum: 6.4 + 11.9 + 10.1 + 7.6 = 36 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Dwarikesh Sugar Industries LtdDWARKESH 35.1/100Thin evidence · provisional54% evidence ASLEEP 16.7/35 Revenue 20.1% · PAT -80% · OPM change -8.2 pp 31% evidence 3.7/25 ROCE 5% · OPM -7.2% 80% evidence 9.5/20 P/E 25.6× · PEG — 15% evidence 5.2/20 RS sector -5.6% · RS bench -11.4% · 1Y -17.8%5 of 12 weeks ahead 100% evidence
Exact sum: 16.7 + 3.7 + 9.5 + 5.2 = 35.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
19Shree Renuka Sugars LtdRENUKA 17.1/100Adverse evidence76% evidence ASLEEP 2.4/35 Revenue -15.2% · PAT -80% · OPM change -9.5 pp 88% evidence 0.6/25 ROCE -3.1% · OPM 1.5% 100% evidence 10.0/20 P/E — · PEG — 0% evidence 4.1/20 RS sector -12.9% · RS bench -18.2% · 1Y -29.2%0 of 12 weeks ahead 100% evidence
Exact sum: 2.4 + 0.6 + 10 + 4.1 = 17.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20DCM Shriram Industries LtdDCMSRIND 43.1/100Thin evidence · provisional48% evidence 12.3/35 Revenue -3.7% · PAT -50% · OPM change -6.8 pp 45% evidence 14.0/25 ROCE 13.7% · OPM 1.8% 71% evidence 8.8/20 P/E 8.2× · PEG — 50% evidence 8.0/20 RS sector — · RS bench -16.3% · 1Y — 25% evidence
Exact sum: 12.3 + 14 + 8.8 + 8 = 43.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 20 companies
05 · what price has already done

Market action

M.V.K. Agro Food Product Ltd has the strongest one-year price move in Sugar at +47.2%. Balrampur Chini Mills Ltd leads on Mansfield relative strength against NIFTY at +16.5%. 6 of 20 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

EID Parry (India) Ltd has the highest Revenue among the 20 Sugar companies compared here, at ₹38,542 crore. DCM Shriram Ltd is next at ₹13,840 crore. Andhra Sugars Ltd has the highest Revenue growth at 22.1%, so level and change sit with different companies. 19 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: EID Parry (India) Ltd is the scale leader at ₹38,542 crore, 178.5% ahead of DCM Shriram Ltd. Andhra Sugars Ltd's growth is 22.1% from a ₹2,466 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderEID Parry (India) Ltd · ₹38,542 crore
Gap178.5% versus #2 · DCM Shriram Ltd
Persistence7/8 recent comparable periods
Coverage19/20 companies · 285 observations

Investor read: EID Parry (India) Ltd is the scale benchmark; Andhra Sugars Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: EID Parry (India) Ltd's growth falls below Andhra Sugars Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1EID Parry (India) Ltd EIDPARRY₹38.5K Cr
2DCM Shriram Ltd DCMSHRIRAM₹13.8K Cr
3Shree Renuka Sugars Ltd RENUKA₹9.3K Cr
4Balrampur Chini Mills Ltd BALRAMCHIN₹6.3K Cr
5Triveni Engineering and Industries Ltd TRIVENI₹6.2K Cr
Revenue growthfastest growers
1Andhra Sugars Ltd ANDHRSUGAR⚠ unverified22%
2EID Parry (India) Ltd EIDPARRY22%
3Dwarikesh Sugar Industries Ltd DWARKESH⚠ unverified20%
4Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified19%
5Balrampur Chini Mills Ltd BALRAMCHIN16%
Revenue · company comparison
19/20 level · 19/20 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
EID Parry (India) Ltd EIDPARRY₹7.9K Cr16%Mar 2026
DCM Shriram Ltd DCMSHRIRAM₹3.6K Cr9.3%Jun 2026
Shree Renuka Sugars Ltd RENUKA₹2.5K Cr-5.3%Mar 2026
Bajaj Hindusthan Sugar Ltd BAJAJHIND₹1.7K Cr7.4%Mar 2026
Balrampur Chini Mills Ltd BALRAMCHIN₹1.6K Cr6.7%Mar 2026
Triveni Engineering and Industries Ltd TRIVENI₹1.6K Cr2.1%Jun 2026
Dalmia Bharat Sugar & Industries Ltd DALMIASUG₹991 Cr-2.5%Mar 2026
Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified₹671 Cr-1.2%Mar 2026
Andhra Sugars Ltd ANDHRSUGAR⚠ unverified₹637 Cr27%Mar 2026
Godavari Biorefineries Ltd GODAVARIB⚠ unverified₹564 Cr-2.8%Mar 2026
Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified₹553 Cr6.0%Jun 2026
Dhampur Bio Organics Ltd DBOL⚠ unverified₹533 Cr8.3%Jun 2026
DCM Shriram Industries Ltd DCMSRIND₹527 Cr-1.2%Sep 2025
Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified₹470 Cr-17%Mar 2026
Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified₹291 Cr-18%Mar 2026
Zuari Industries Ltd ZUARIIND⚠ unverified₹284 Cr4.4%Mar 2026
Bannari Amman Sugars Ltd BANARISUG₹282 Cr-43%Mar 2026
M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified₹134 Cr97%Mar 2026
Davangere Sugar Company Ltd DAVANGERE₹84 Cr47%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

—
—
—
—
—
₹559 Cr
₹539 Cr
₹492 Cr
₹518 Cr
₹451 Cr
₹433 Cr
₹480 Cr
₹528 Cr
₹511 Cr
₹500 Cr
₹600 Cr
₹597 Cr
₹631 Cr
₹637 Cr
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

—
—
—
—
—
₹675 Cr
₹846 Cr
₹682 Cr
₹798 Cr
₹594 Cr
₹620 Cr
₹708 Cr
₹632 Cr
₹617 Cr
₹679 Cr
₹717 Cr
₹668 Cr
₹638 Cr
₹671 Cr
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

₹1.3K Cr
₹1.3K Cr
₹1.6K Cr
₹1.5K Cr
₹1.3K Cr
₹1.4K Cr
₹2.1K Cr
₹1.4K Cr
₹1.1K Cr
₹1.7K Cr
₹1.9K Cr
₹1.4K Cr
₹1.2K Cr
₹1.5K Cr
₹1.6K Cr
₹1.2K Cr
₹1.2K Cr
₹1.4K Cr
₹1.7K Cr
—

Balrampur Chini Mills Ltd · BALRAMCHIN

₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.1K Cr
₹1.1K Cr
₹981 Cr
₹1.5K Cr
₹1.4K Cr
₹1.5K Cr
₹1.2K Cr
₹1.4K Cr
₹1.4K Cr
₹1.3K Cr
₹1.2K Cr
₹1.5K Cr
₹1.5K Cr
₹1.7K Cr
₹1.5K Cr
₹1.6K Cr
—

Bannari Amman Sugars Ltd · BANARISUG

₹447 Cr
₹714 Cr
₹464 Cr
₹427 Cr
₹510 Cr
₹932 Cr
₹656 Cr
₹431 Cr
₹600 Cr
₹768 Cr
₹421 Cr
₹404 Cr
₹474 Cr
₹421 Cr
₹494 Cr
₹419 Cr
₹572 Cr
₹644 Cr
₹282 Cr
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

₹728 Cr
₹616 Cr
₹856 Cr
₹938 Cr
₹579 Cr
₹600 Cr
₹1.1K Cr
₹834 Cr
₹732 Cr
₹584 Cr
₹750 Cr
₹960 Cr
₹926 Cr
₹838 Cr
₹1.0K Cr
₹941 Cr
₹989 Cr
₹698 Cr
₹991 Cr
—

DCM Shriram Ltd · DCMSHRIRAM

₹2.1K Cr
₹2.7K Cr
₹2.8K Cr
₹2.9K Cr
₹2.7K Cr
₹3.2K Cr
₹2.7K Cr
₹2.8K Cr
₹2.7K Cr
₹3.0K Cr
₹2.4K Cr
₹2.9K Cr
₹3.0K Cr
₹3.4K Cr
₹2.9K Cr
₹3.3K Cr
₹3.3K Cr
₹3.8K Cr
₹3.2K Cr
₹3.6K Cr

EID Parry (India) Ltd · EIDPARRY

—
—
—
—
—
₹9.9K Cr
₹6.9K Cr
₹7.0K Cr
₹9.1K Cr
₹7.8K Cr
₹5.6K Cr
₹6.7K Cr
₹9.3K Cr
₹8.7K Cr
₹6.8K Cr
₹8.7K Cr
₹11.6K Cr
₹10.3K Cr
₹7.9K Cr
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
₹239 Cr
₹398 Cr
₹615 Cr
₹523 Cr
₹321 Cr
₹447 Cr
₹580 Cr
₹533 Cr
₹431 Cr
₹460 Cr
₹564 Cr
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
₹27 Cr
₹68 Cr
—
₹42 Cr
₹112 Cr
₹134 Cr
—

Shree Renuka Sugars Ltd · RENUKA

₹1.4K Cr
₹2.0K Cr
₹2.2K Cr
₹2.0K Cr
₹2.2K Cr
₹2.6K Cr
₹2.3K Cr
₹2.3K Cr
₹2.6K Cr
₹3.1K Cr
₹3.4K Cr
₹3.1K Cr
₹2.6K Cr
₹2.6K Cr
₹2.7K Cr
₹2.0K Cr
₹2.4K Cr
₹2.3K Cr
₹2.5K Cr
—

Triveni Engineering and Industries Ltd · TRIVENI

—
—
—
—
—
₹1.5K Cr
₹1.6K Cr
₹1.2K Cr
₹1.4K Cr
₹1.3K Cr
₹1.3K Cr
₹1.3K Cr
₹1.5K Cr
₹1.3K Cr
₹1.6K Cr
₹1.5K Cr
₹1.7K Cr
₹1.5K Cr
₹1.4K Cr
₹1.6K Cr

Revenue growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

—
—
—
—
—
—
—
—
—
-19%
-20%
-2.4%
2.0%
13%
15%
25%
13%
24%
27%
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

—
—
—
—
—
—
—
—
—
-12%
-27%
3.8%
-21%
3.9%
9.5%
1.3%
5.7%
3.4%
-1.2%
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

—
—
—
13%
-1.6%
14%
27%
-11%
-14%
22%
-9.0%
1.9%
2.4%
-15%
-17%
-10.0%
-0.3%
-6.5%
7.4%
—

Balrampur Chini Mills Ltd · BALRAMCHIN

—
—
—
-5.3%
-8.3%
-19%
17%
29%
38%
25%
-3.9%
2.3%
-16%
-3.1%
4.9%
8.4%
29%
22%
6.7%
—

Bannari Amman Sugars Ltd · BANARISUG

—
—
—
14%
14%
31%
41%
0.9%
18%
-18%
-36%
-6.3%
-21%
-45%
17%
3.7%
21%
53%
-43%
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

—
—
—
15%
-20%
-2.6%
34%
-11%
26%
-2.7%
-35%
15%
27%
43%
35%
-2.0%
6.8%
-17%
-2.5%
—

DCM Shriram Ltd · DCMSHRIRAM

—
—
—
46%
28%
19%
-2.7%
-2.5%
-1.2%
-6.2%
-12%
3.5%
9.2%
11%
20%
13%
11%
13%
11%
9.3%

EID Parry (India) Ltd · EIDPARRY

—
—
—
—
—
—
—
—
—
-22%
-19%
-4.0%
3.0%
12%
23%
29%
25%
18%
16%
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
34%
12%
-5.7%
1.9%
34%
2.9%
-2.8%
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
315%
97%
—

Shree Renuka Sugars Ltd · RENUKA

—
—
—
135%
55%
27%
7.1%
17%
17%
20%
45%
34%
0.4%
-15%
-20%
-34%
-5.6%
-13%
-5.3%
—

Triveni Engineering and Industries Ltd · TRIVENI

—
—
—
—
—
—
—
—
—
-10%
-18%
8.6%
5.8%
-3.3%
25%
19%
14%
17%
-14%
2.1%
07 · compare level, then change

Operating Economics & Margin Trend

Magadh Sugar & Energy Ltd has the highest OPM among the 20 Sugar companies compared here, at 27%. Bajaj Hindusthan Sugar Ltd is next at 22%. M.V.K. Agro Food Product Ltd has the highest Margin change at +17 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.

What the numbers say: Magadh Sugar & Energy Ltd leads opm at 27%; M.V.K. Agro Food Product Ltd leads margin change at +17 percentage points.

LeaderMagadh Sugar & Energy Ltd · 27%
Gap22.7% versus #2 · Bajaj Hindusthan Sugar Ltd
Persistence2/8 recent comparable periods
Coverage20/20 companies · 365 observations

Investor read: Magadh Sugar & Energy Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified27%
2Bajaj Hindusthan Sugar Ltd BAJAJHIND22%
3M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified22%
4Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified21%
5Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified18%
Margin changefastest expanders
1M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified+17.0 pp
2Bajaj Hindusthan Sugar Ltd BAJAJHIND+4.0 pp
3Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified+1.3 pp
4Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified+1.0 pp
5Zuari Industries Ltd ZUARIIND⚠ unverified+1.0 pp
Operating margin · company comparison
20/20 level · 20/20 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified27%−5.0 ppMar 2026
Bajaj Hindusthan Sugar Ltd BAJAJHIND22%+4.0 ppMar 2026
M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified22%+17.0 ppMar 2026
Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified21%+1.0 ppMar 2026
Balrampur Chini Mills Ltd BALRAMCHIN18%−6.0 ppMar 2026
Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified18%−4.0 ppMar 2026
Dalmia Bharat Sugar & Industries Ltd DALMIASUG17%−2.0 ppMar 2026
Godavari Biorefineries Ltd GODAVARIB⚠ unverified15%−4.0 ppMar 2026
Zuari Industries Ltd ZUARIIND⚠ unverified11%+1.0 ppMar 2026
Davangere Sugar Company Ltd DAVANGERE10%−6.9 ppMar 2026
DCM Shriram Ltd DCMSHRIRAM9.0%0.0 ppJun 2026
EID Parry (India) Ltd EIDPARRY8.0%0.0 ppMar 2026
Andhra Sugars Ltd ANDHRSUGAR⚠ unverified7.5%−1.8 ppMar 2026
Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified5.7%+1.3 ppJun 2026
Triveni Engineering and Industries Ltd TRIVENI3.4%+1.0 ppJun 2026
DCM Shriram Industries Ltd DCMSRIND1.8%−6.8 ppSep 2025
Dhampur Bio Organics Ltd DBOL⚠ unverified1.7%−0.1 ppJun 2026
Shree Renuka Sugars Ltd RENUKA1.5%−9.5 ppMar 2026
Bannari Amman Sugars Ltd BANARISUG1.3%−9.7 ppMar 2026
Dwarikesh Sugar Industries Ltd DWARKESH⚠ unverified-7.2%−8.2 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

11%
13%
16%
16%
12%
12%
9.9%
8.2%
5.4%
3.3%
7.0%
2.3%
3.9%
3.2%
9.3%
8.6%
9.2%
7.6%
7.5%
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

12%
9.8%
11%
9.3%
0.1%
7.0%
17%
11%
10%
10%
20%
8.0%
5.0%
6.0%
22%
3.9%
2.7%
9.0%
18%
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

0.1%
-4.2%
9.5%
2.2%
-6.0%
6.0%
11%
1.6%
-4.9%
6.0%
9.0%
2.0%
0.1%
-1.7%
18%
-2.1%
-4.7%
5.0%
22%
—

Balrampur Chini Mills Ltd · BALRAMCHIN

11%
8.2%
26%
4.1%
-1.4%
8.0%
27%
12%
11%
9.0%
24%
12%
3.8%
10%
24%
9.0%
7.0%
14%
18%
—

Bannari Amman Sugars Ltd · BANARISUG

12%
9.2%
15%
8.2%
13%
10%
16%
10%
15%
16%
12%
7.0%
14%
15%
11%
9.0%
13%
13%
1.3%
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

12%
14%
15%
8.7%
-3.6%
19%
18%
14%
9.0%
19%
16%
12%
7.0%
12%
19%
10%
6.0%
16%
17%
—

DCM Shriram Ltd · DCMSHRIRAM

14%
21%
22%
15%
9.9%
17%
13%
6.0%
4.2%
15%
11%
9.0%
6.0%
15%
14%
9.0%
9.0%
14%
11%
9.0%

EID Parry (India) Ltd · EIDPARRY

11%
9.4%
11%
9.7%
8.4%
9.0%
9.0%
9.0%
12%
5.0%
8.0%
7.0%
10%
8.0%
8.0%
9.0%
10%
8.0%
8.0%
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
-13%
11%
18%
-2.3%
-10%
8.0%
19%
1.1%
-1.8%
9.0%
15%
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
17%
—
22%
—
13%
—
18%
22%
5.0%
—
19%
13%
22%
—

Shree Renuka Sugars Ltd · RENUKA

2.5%
8.5%
13%
2.7%
2.1%
8.0%
11%
3.1%
2.5%
8.0%
8.0%
2.7%
9.0%
-0.1%
11%
-4.3%
-8.0%
11%
1.5%
—

Triveni Engineering and Industries Ltd · TRIVENI

10%
18%
16%
9.3%
3.4%
13%
17%
10%
4.5%
15%
19%
6.6%
0.3%
6.1%
19%
2.4%
3.9%
10%
17%
3.4%

Margin change · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

−4.7 pp
+1.3 pp
+1.5 pp
+1.7 pp
+0.9 pp
−0.6 pp
−5.7 pp
−7.4 pp
−6.3 pp
−8.7 pp
−2.9 pp
−5.9 pp
−1.5 pp
−0.1 pp
+2.3 pp
+6.3 pp
+5.3 pp
+4.4 pp
−1.8 pp
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

+3.4 pp
+3.6 pp
−1.7 pp
−2.0 pp
−12.0 pp
−2.8 pp
+5.8 pp
+1.7 pp
+9.9 pp
+3.0 pp
+3.0 pp
−3.0 pp
−5.0 pp
−4.0 pp
+2.0 pp
−4.1 pp
−2.3 pp
+3.0 pp
−4.0 pp
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

+2.8 pp
−0.0 pp
−1.2 pp
−2.9 pp
−6.1 pp
+10.2 pp
+1.5 pp
−0.6 pp
+1.1 pp
0.0 pp
−2.0 pp
+0.4 pp
+5.0 pp
−7.7 pp
+9.0 pp
−4.1 pp
−4.8 pp
+6.7 pp
+4.0 pp
—

Balrampur Chini Mills Ltd · BALRAMCHIN

+1.2 pp
+4.8 pp
−6.8 pp
−7.6 pp
−12.5 pp
−0.2 pp
+1.2 pp
+7.9 pp
+12.4 pp
+1.0 pp
−3.0 pp
0.0 pp
−7.2 pp
+1.0 pp
0.0 pp
−3.0 pp
+3.2 pp
+4.0 pp
−6.0 pp
—

Bannari Amman Sugars Ltd · BANARISUG

−2.8 pp
−4.8 pp
+3.0 pp
+0.7 pp
+1.8 pp
+0.9 pp
+0.8 pp
+1.8 pp
+1.6 pp
+6.0 pp
−4.0 pp
−3.0 pp
−1.0 pp
−1.0 pp
−1.0 pp
+2.0 pp
−1.0 pp
−2.0 pp
−9.7 pp
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

−0.8 pp
+4.8 pp
−11.0 pp
−8.5 pp
−15.6 pp
+5.0 pp
+3.0 pp
+5.3 pp
+12.6 pp
0.0 pp
−2.0 pp
−2.0 pp
−2.0 pp
−7.0 pp
+3.0 pp
−2.0 pp
−1.0 pp
+4.0 pp
−2.0 pp
—

DCM Shriram Ltd · DCMSHRIRAM

+2.7 pp
+2.4 pp
+5.6 pp
+0.8 pp
−3.7 pp
−4.1 pp
−9.1 pp
−9.3 pp
−5.7 pp
−2.0 pp
−2.0 pp
+3.0 pp
+1.8 pp
0.0 pp
+3.0 pp
0.0 pp
+3.0 pp
−1.0 pp
−3.0 pp
0.0 pp

EID Parry (India) Ltd · EIDPARRY

−4.3 pp
−2.6 pp
+3.9 pp
−0.3 pp
−2.3 pp
−0.4 pp
−1.9 pp
−0.7 pp
+3.6 pp
−4.0 pp
−1.0 pp
−2.0 pp
−2.0 pp
+3.0 pp
0.0 pp
+2.0 pp
0.0 pp
0.0 pp
0.0 pp
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
+3.0 pp
−3.0 pp
+1.0 pp
+3.4 pp
+8.2 pp
+1.0 pp
−4.0 pp
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
−4.0 pp
—
−3.3 pp
—
−8.1 pp
—
+0.8 pp
−9.0 pp
+17.0 pp
—

Shree Renuka Sugars Ltd · RENUKA

−5.7 pp
+0.7 pp
−6.3 pp
+13.2 pp
−0.4 pp
−0.5 pp
−1.6 pp
+0.4 pp
+0.4 pp
0.0 pp
−3.0 pp
−0.4 pp
+6.5 pp
−8.1 pp
+3.0 pp
−7.0 pp
−17.0 pp
+11.1 pp
−9.5 pp
—

Triveni Engineering and Industries Ltd · TRIVENI

+3.5 pp
+3.9 pp
+3.0 pp
−5.1 pp
−6.7 pp
−5.2 pp
+0.7 pp
+1.1 pp
+1.1 pp
+1.7 pp
+1.9 pp
−3.8 pp
−4.1 pp
−8.6 pp
+0.1 pp
−4.3 pp
+3.6 pp
+4.1 pp
−2.1 pp
+1.0 pp
08 · compare level, then change

Profit Scale & Acceleration

DCM Shriram Ltd has the highest Net profit among the 20 Sugar companies compared here, at ₹1,436 crore. EID Parry (India) Ltd is next at ₹1,380 crore. Andhra Sugars Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: DCM Shriram Ltd leads with ₹1,436 crore of TTM profit, 4.1% above EID Parry (India) Ltd. Andhra Sugars Ltd shows ≥100% on the scoring scale (228% uncapped) growth from a ₹87 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderDCM Shriram Ltd · ₹1,436 crore
Gap4.1% versus #2 · EID Parry (India) Ltd
Persistence7/8 recent comparable periods
Coverage19/20 companies · 285 observations

Investor read: DCM Shriram Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1DCM Shriram Ltd DCMSHRIRAM₹1.4K Cr
2EID Parry (India) Ltd EIDPARRY₹1.4K Cr
3Balrampur Chini Mills Ltd BALRAMCHIN₹379 Cr
4Triveni Engineering and Industries Ltd TRIVENI₹270 Cr
5Dalmia Bharat Sugar & Industries Ltd DALMIASUG₹236 Cr
Profit growthfastest growers
1Andhra Sugars Ltd ANDHRSUGAR⚠ unverified100%
2Bajaj Hindusthan Sugar Ltd BAJAJHIND100%
3DCM Shriram Ltd DCMSHRIRAM100%
4Godavari Biorefineries Ltd GODAVARIB⚠ unverified100%
5Bannari Amman Sugars Ltd BANARISUG42%
Net profit · company comparison
19/20 level · 16/20 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
DCM Shriram Ltd DCMSHRIRAM₹693 Cr508%Jun 2026
Bajaj Hindusthan Sugar Ltd BAJAJHIND₹391 Cr78%Mar 2026
Balrampur Chini Mills Ltd BALRAMCHIN₹160 Cr-30%Mar 2026
Dalmia Bharat Sugar & Industries Ltd DALMIASUG₹104 Cr-48%Mar 2026
Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified₹56 Cr-22%Mar 2026
Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified₹55 Cr-14%Mar 2026
Godavari Biorefineries Ltd GODAVARIB⚠ unverified₹53 Cr-26%Mar 2026
Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified₹49 Cr-32%Mar 2026
Bannari Amman Sugars Ltd BANARISUG₹42 Cr20%Mar 2026
Dhampur Bio Organics Ltd DBOL⚠ unverified₹37 Cr2.2%Jun 2026
M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified₹31 Cr520%Mar 2026
Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified₹6 Cr569%Jun 2026
Andhra Sugars Ltd ANDHRSUGAR⚠ unverified₹6 Cr-4.4%Mar 2026
Triveni Engineering and Industries Ltd TRIVENI₹4 Cr74%Jun 2026
Davangere Sugar Company Ltd DAVANGERE₹2 Cr0.5%Mar 2026
DCM Shriram Industries Ltd DCMSRIND₹-3 Cr-114%Sep 2025
Zuari Industries Ltd ZUARIIND⚠ unverified₹-32 Cr-133%Mar 2026
Shree Renuka Sugars Ltd RENUKA₹-121 Cr-230%Mar 2026
EID Parry (India) Ltd EIDPARRY₹-287 Cr-153%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

—
—
—
—
—
₹40 Cr
₹34 Cr
₹22 Cr
₹20 Cr
₹9 Cr
₹26 Cr
₹16 Cr
₹5 Cr
₹-0 Cr
₹6 Cr
₹25 Cr
₹34 Cr
₹23 Cr
₹6 Cr
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

—
—
—
—
—
₹18 Cr
₹79 Cr
₹22 Cr
₹29 Cr
₹22 Cr
₹55 Cr
₹9 Cr
₹1 Cr
₹7 Cr
₹72 Cr
₹-8 Cr
₹-7 Cr
₹17 Cr
₹56 Cr
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

₹-113 Cr
₹-165 Cr
₹60 Cr
₹-45 Cr
₹-162 Cr
₹-58 Cr
₹131 Cr
₹-75 Cr
₹-123 Cr
₹20 Cr
₹91 Cr
₹-67 Cr
₹-76 Cr
₹-102 Cr
₹220 Cr
₹-174 Cr
₹-105 Cr
₹15 Cr
₹391 Cr
—

Balrampur Chini Mills Ltd · BALRAMCHIN

₹83 Cr
₹64 Cr
₹240 Cr
₹12 Cr
₹-29 Cr
₹46 Cr
₹254 Cr
₹74 Cr
₹166 Cr
₹91 Cr
₹203 Cr
₹70 Cr
₹67 Cr
₹70 Cr
₹229 Cr
₹52 Cr
₹54 Cr
₹113 Cr
₹160 Cr
—

Bannari Amman Sugars Ltd · BANARISUG

₹21 Cr
₹30 Cr
₹24 Cr
₹26 Cr
₹27 Cr
₹41 Cr
₹50 Cr
₹14 Cr
₹49 Cr
₹68 Cr
₹22 Cr
₹6 Cr
₹34 Cr
₹29 Cr
₹35 Cr
₹15 Cr
₹43 Cr
₹48 Cr
₹42 Cr
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

₹59 Cr
₹57 Cr
₹56 Cr
₹49 Cr
₹12 Cr
₹65 Cr
₹124 Cr
₹61 Cr
₹55 Cr
₹65 Cr
₹91 Cr
₹55 Cr
₹66 Cr
₹59 Cr
₹199 Cr
₹39 Cr
₹23 Cr
₹70 Cr
₹104 Cr
—

DCM Shriram Ltd · DCMSHRIRAM

₹159 Cr
₹350 Cr
₹401 Cr
₹254 Cr
₹128 Cr
₹342 Cr
₹187 Cr
₹57 Cr
₹32 Cr
₹240 Cr
₹118 Cr
₹100 Cr
₹63 Cr
₹262 Cr
₹179 Cr
₹114 Cr
₹159 Cr
₹213 Cr
₹371 Cr
₹693 Cr

EID Parry (India) Ltd · EIDPARRY

—
—
—
—
—
₹482 Cr
₹287 Cr
₹325 Cr
₹782 Cr
₹217 Cr
₹294 Cr
₹226 Cr
₹592 Cr
₹416 Cr
₹539 Cr
₹464 Cr
₹766 Cr
₹437 Cr
₹-287 Cr
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
₹-65 Cr
₹38 Cr
₹65 Cr
₹-26 Cr
₹-75 Cr
₹6 Cr
₹72 Cr
₹-16 Cr
₹-42 Cr
₹8 Cr
₹53 Cr
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
₹3 Cr
₹5 Cr
—
₹2 Cr
₹10 Cr
₹31 Cr
—

Shree Renuka Sugars Ltd · RENUKA

₹-98 Cr
₹43 Cr
₹159 Cr
₹-114 Cr
₹-142 Cr
₹14 Cr
₹45 Cr
₹-139 Cr
₹-206 Cr
₹-172 Cr
₹-111 Cr
₹-166 Cr
₹-23 Cr
₹-204 Cr
₹93 Cr
₹-264 Cr
₹-369 Cr
₹-38 Cr
₹-121 Cr
—

Triveni Engineering and Industries Ltd · TRIVENI

—
—
—
—
—
₹147 Cr
₹190 Cr
₹68 Cr
₹29 Cr
₹137 Cr
₹161 Cr
₹31 Cr
₹-22 Cr
₹43 Cr
₹187 Cr
₹2 Cr
₹21 Cr
₹78 Cr
₹167 Cr
₹4 Cr

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

—
—
—
—
—
—
—
—
—
-78%
-23%
-27%
-74%
-105%
-76%
56%
567%
—
-4.4%
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

—
—
—
—
—
—
—
—
—
22%
-30%
-59%
-97%
-68%
31%
-189%
-800%
143%
-22%
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

—
—
—
—
—
—
118%
—
—
—
-31%
—
—
-610%
142%
—
—
—
78%
—

Balrampur Chini Mills Ltd · BALRAMCHIN

—
—
—
-84%
-135%
-28%
5.8%
517%
—
98%
-20%
-5.4%
-60%
-23%
13%
-26%
-19%
61%
-30%
—

Bannari Amman Sugars Ltd · BANARISUG

—
—
—
420%
29%
37%
108%
-46%
81%
66%
-56%
-57%
-31%
-57%
59%
150%
26%
66%
20%
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

—
—
—
-60%
-80%
14%
121%
24%
358%
0.0%
-27%
-9.8%
20%
-9.2%
119%
-29%
-65%
19%
-48%
—

DCM Shriram Ltd · DCMSHRIRAM

—
—
—
61%
-20%
-2.3%
-53%
-78%
-75%
-30%
-37%
75%
97%
9.2%
52%
14%
152%
-19%
107%
508%

EID Parry (India) Ltd · EIDPARRY

—
—
—
—
—
—
—
—
—
-55%
2.4%
-30%
-24%
92%
83%
105%
29%
5.1%
-153%
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
-84%
11%
—
—
33%
-26%
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
233%
520%
—

Shree Renuka Sugars Ltd · RENUKA

—
—
—
—
—
-67%
-72%
—
—
-1,329%
-347%
—
—
—
—
—
—
—
-230%
—

Triveni Engineering and Industries Ltd · TRIVENI

—
—
—
—
—
—
—
—
—
-6.5%
-15%
-54%
-177%
-69%
16%
-93%
—
83%
-11%
74%
09 · compare level, then change

Return On Capital Employed

EID Parry (India) Ltd has the highest ROCE among the 20 Sugar companies compared here, at 17%. M.V.K. Agro Food Product Ltd is next at 14.4%. Dhampur Bio Organics Ltd has the highest ROCE change at +8.1 percentage points, so level and change sit with different companies. 20 of 20 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: EID Parry (India) Ltd leads ROCE at 17%, 2.6 percentage points above M.V.K. Agro Food Product Ltd. Dhampur Bio Organics Ltd has the strongest latest improvement at +8.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderEID Parry (India) Ltd · 17%
Gap18.1% versus #2 · M.V.K. Agro Food Product Ltd
PersistenceNot enough history
Coverage20/20 companies · 223 observations

Investor read: EID Parry (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1EID Parry (India) Ltd EIDPARRY17%
2M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified14%
3DCM Shriram Industries Ltd DCMSRIND · older report14%
4DCM Shriram Ltd DCMSHRIRAM12%
5Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified12%
ROCE changefastest improvers
1Dhampur Bio Organics Ltd DBOL⚠ unverified+8.1 pp
2Andhra Sugars Ltd ANDHRSUGAR⚠ unverified+4.9 pp
3Godavari Biorefineries Ltd GODAVARIB⚠ unverified+1.2 pp
4Bajaj Hindusthan Sugar Ltd BAJAJHIND+1.0 pp
5Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified+0.6 pp
Return on capital · company comparison
20/20 level · 20/20 change

Withheld from this chart: EID Parry (India) Ltd (EIDPARRY) — its two data sources disagree by up to 66% on reported income across 14 comparable periods, so its derived ratios are withheld; Triveni Engineering and Industries Ltd (TRIVENI) — its two data sources disagree by up to 96% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified17%+0.6 ppMar 2026
Dhampur Bio Organics Ltd DBOL⚠ unverified12%+8.1 ppJun 2026
Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified11%−3.9 ppMar 2026
Balrampur Chini Mills Ltd BALRAMCHIN10%−1.2 ppMar 2026
Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified10%−6.8 ppMar 2026
DCM Shriram Ltd DCMSHRIRAM9.6%−0.3 ppJun 2026
Bannari Amman Sugars Ltd BANARISUG8.8%−0.2 ppMar 2026
Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified7.6%−0.1 ppJun 2026
Dalmia Bharat Sugar & Industries Ltd DALMIASUG7.1%−2.3 ppMar 2026
M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified7.0%−3.2 ppMar 2026
Andhra Sugars Ltd ANDHRSUGAR⚠ unverified6.3%+4.9 ppMar 2026
Godavari Biorefineries Ltd GODAVARIB⚠ unverified6.2%+1.2 ppMar 2026
Dwarikesh Sugar Industries Ltd DWARKESH⚠ unverified5.0%−1.4 ppJun 2026
Shree Renuka Sugars Ltd RENUKA3.6%−16.1 ppMar 2026
Bajaj Hindusthan Sugar Ltd BAJAJHIND1.8%+1.0 ppMar 2026
Zuari Industries Ltd ZUARIIND⚠ unverified0.8%+0.2 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

8.8%
—
11%
—
15%
—
13%
—
6.5%
5.8%
2.1%
4.4%
0.1%
3.0%
1.4%
3.0%
5.3%
6.6%
6.3%
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

20%
—
20%
—
15%
—
16%
—
21%
24%
20%
20%
16%
14%
15%
13%
12%
13%
11%
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

-0.1%
—
-0.6%
—
-2.4%
—
0.5%
0.6%
0.7%
1.6%
0.3%
0.7%
1.0%
-0.5%
0.8%
0.4%
-0.4%
1.0%
1.8%
—

Balrampur Chini Mills Ltd · BALRAMCHIN

18%
—
20%
—
11%
—
11%
—
18%
26%
16%
22%
13%
16%
12%
15%
12%
16%
10%
—

Bannari Amman Sugars Ltd · BANARISUG

7.9%
—
9.5%
—
9.9%
—
13%
—
15%
17%
13%
13%
11%
8.7%
9.0%
9.9%
9.9%
12%
8.8%
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

8.6%
—
14%
—
8.1%
—
11%
—
12%
15%
7.8%
12%
7.6%
10%
9.4%
10%
8.4%
10%
7.1%
—

DCM Shriram Ltd · DCMSHRIRAM

18%
—
22%
—
22%
—
17%
—
11%
11%
7.8%
10%
8.8%
11%
9.9%
12%
11%
13%
9.6%
—

Dhampur Sugar Mills Ltd · DHAMPURSUG⚠ unverified

10%
—
21%
—
16%
—
19%
—
19%
19%
15%
13%
9.1%
9.4%
7.7%
8.9%
7.8%
10%
7.6%
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
6.2%
7.1%
7.9%
9.7%
5.0%
9.0%
8.8%
8.8%
6.2%
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
8.6%
17%
13%
16%
13%
12%
—
10%
—
6.8%
—
7.0%
—

Shree Renuka Sugars Ltd · RENUKA

7.4%
—
9.5%
—
18%
—
17%
—
18%
23%
21%
18%
31%
18%
20%
13%
-13%
8.0%
3.6%
—

Uttam Sugar Mills Ltd · UTTAMSUGAR⚠ unverified

32%
—
35%
—
33%
—
29%
—
29%
—
25%
25%
16%
16%
16%
20%
20%
21%
17%
—

ROCE change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

—
—
—
—
+6.0 pp
—
+1.7 pp
—
−8.3 pp
—
−10.7 pp
—
−6.4 pp
−2.8 pp
−0.7 pp
−1.4 pp
+5.2 pp
+3.6 pp
+4.9 pp
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

—
—
—
—
−5.0 pp
—
−3.9 pp
—
+6.4 pp
—
+3.7 pp
—
−5.7 pp
−9.5 pp
−5.6 pp
−6.6 pp
−3.9 pp
−1.0 pp
−3.9 pp
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

—
—
—
—
−2.3 pp
—
+1.1 pp
—
+3.1 pp
—
−0.2 pp
+0.1 pp
+0.3 pp
−2.1 pp
+0.5 pp
−0.3 pp
−1.4 pp
+1.5 pp
+1.0 pp
—

Balrampur Chini Mills Ltd · BALRAMCHIN

—
—
—
—
−7.2 pp
—
−8.5 pp
—
+6.8 pp
—
+4.3 pp
—
−5.2 pp
−9.7 pp
−4.0 pp
−7.6 pp
−1.0 pp
0.0 pp
−1.2 pp
—

Bannari Amman Sugars Ltd · BANARISUG

—
—
—
—
+2.0 pp
—
+3.4 pp
—
+5.1 pp
—
+0.5 pp
—
−3.7 pp
−8.7 pp
−4.4 pp
−3.4 pp
−1.4 pp
+2.8 pp
−0.2 pp
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

—
—
—
—
−0.5 pp
—
−2.3 pp
—
+4.1 pp
—
−3.5 pp
—
−4.6 pp
−4.5 pp
+1.6 pp
−2.2 pp
+0.8 pp
+0.3 pp
−2.3 pp
—

DCM Shriram Ltd · DCMSHRIRAM

—
—
—
—
+4.4 pp
—
−5.7 pp
—
−11.4 pp
—
−8.7 pp
—
−2.0 pp
0.0 pp
+2.1 pp
+1.7 pp
+2.4 pp
+1.6 pp
−0.3 pp
—

Dhampur Sugar Mills Ltd · DHAMPURSUG⚠ unverified

—
—
—
—
+5.5 pp
—
−1.6 pp
—
+3.2 pp
—
−3.8 pp
—
−9.9 pp
−9.3 pp
−7.6 pp
−3.6 pp
−1.3 pp
+1.0 pp
−0.1 pp
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
−1.2 pp
+1.9 pp
+0.9 pp
−0.9 pp
+1.2 pp
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
+4.8 pp
−4.7 pp
—
−6.1 pp
—
−5.6 pp
—
−3.2 pp
—

Shree Renuka Sugars Ltd · RENUKA

—
—
—
—
+10.3 pp
—
+7.1 pp
—
+0.7 pp
—
+4.1 pp
—
+12.1 pp
−4.4 pp
−1.0 pp
−4.7 pp
−43.3 pp
−10.3 pp
−16.1 pp
—

Uttam Sugar Mills Ltd · UTTAMSUGAR⚠ unverified

—
—
—
—
+0.5 pp
—
−6.4 pp
—
−4.0 pp
—
−3.5 pp
—
−13.1 pp
—
−8.9 pp
−5.6 pp
+4.4 pp
+4.9 pp
+0.6 pp
—
10 · compare level, then change

Valuation Against Growth & Quality

DCM Shriram Ltd has the lowest PEG among the 20 Sugar companies compared here, at 0.44×. Dalmia Bharat Sugar & Industries Ltd is next at 0.48×. Zuari Industries Ltd has the lowest P/E at 6.64×, so level and change sit with different companies. 5 of 20 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: DCM Shriram Ltd has the lowest comparable PEG at 0.44×, 8.3% below Dalmia Bharat Sugar & Industries Ltd. Only 5 of 20 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderDCM Shriram Ltd · 0.44×
Gap8.3% versus #2 · Dalmia Bharat Sugar & Industries Ltd
Persistence0/8 recent comparable periods
Coverage5/20 companies · 30 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1DCM Shriram Ltd DCMSHRIRAM0.4
2Dalmia Bharat Sugar & Industries Ltd DALMIASUG0.5
3Bajaj Hindusthan Sugar Ltd BAJAJHIND1.3
4Bannari Amman Sugars Ltd BANARISUG1.8
5Balrampur Chini Mills Ltd BALRAMCHIN2.2
P/Elowest P/E
1Zuari Industries Ltd ZUARIIND⚠ unverified6.6
2DCM Shriram Industries Ltd DCMSRIND · older report8.2
3Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified8.4
4Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified11.1
5Andhra Sugars Ltd ANDHRSUGAR⚠ unverified11.2
Valuation · company comparison
5/20 level · 19/20 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Balrampur Chini Mills Ltd BALRAMCHIN2.222.4Mar 2026
Bannari Amman Sugars Ltd BANARISUG1.831.9Mar 2026
Bajaj Hindusthan Sugar Ltd BAJAJHIND1.330.5Mar 2026
Dalmia Bharat Sugar & Industries Ltd DALMIASUG0.511.6Mar 2026
DCM Shriram Ltd DCMSHRIRAM0.418.9Jun 2026
EID Parry (India) Ltd EIDPARRY—13.4Mar 2026
Triveni Engineering and Industries Ltd TRIVENI—27.4Jun 2026
Shree Renuka Sugars Ltd RENUKA—-19.6Mar 2026
M.V.K. Agro Food Product Ltd MVKAGRO⚠ unverified—121.3Mar 2026
Godavari Biorefineries Ltd GODAVARIB⚠ unverified—28.7Mar 2026
Andhra Sugars Ltd ANDHRSUGAR⚠ unverified—9.6Mar 2026
Avadh Sugar & Energy Ltd AVADHSUGAR⚠ unverified—12.1Mar 2026
Dhampur Sugar Mills Ltd DHAMPURSUG⚠ unverified—13.5Jun 2026
Uttam Sugar Mills Ltd UTTAMSUGAR⚠ unverified—8.1Mar 2026
Zuari Industries Ltd ZUARIIND⚠ unverified—5.0Mar 2026
Magadh Sugar & Energy Ltd MAGADSUGAR⚠ unverified—7.4Mar 2026
Dwarikesh Sugar Industries Ltd DWARKESH⚠ unverified—27.6Jun 2026
Dhampur Bio Organics Ltd DBOL⚠ unverified—29.5Jun 2026
Davangere Sugar Company Ltd DAVANGERE—63.5Mar 2026
DCM Shriram Industries Ltd DCMSRIND—5.2Sep 2025
Full 20-quarter history · every available company

PEG · reported quarter history

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.3
—

Balrampur Chini Mills Ltd · BALRAMCHIN

—
—
—
—
—
—
—
—
—
—
—
—
0.5
—
2.2
—
—
—
—
—

Bannari Amman Sugars Ltd · BANARISUG

—
—
—
—
1.8
1.0
—
—
0.8
0.5
—
4.2
3.0
—
—
—
—
—
1.8
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

—
0.2
—
0.9
1.0
0.7
—
0.4
—
—
—
—
0.8
—
—
0.2
—
0.5
—
—

DCM Shriram Ltd · DCMSHRIRAM

0.6
0.5
0.5
0.2
0.3
0.3
—
—
—
—
—
—
—
—
5.9
0.7
1.1
0.7
0.9
0.4

P/E · reported quarter history

Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Andhra Sugars Ltd · ANDHRSUGAR⚠ unverified

9.6
9.7
9.2
6.9
7.1
7.1
6.2
7.8
11.5
13.2
15.0
20.1
20.6
21.9
18.7
26.7
18.6
12.7
9.6
—

Avadh Sugar & Energy Ltd · AVADHSUGAR⚠ unverified

9.7
8.7
11.2
8.5
8.0
13.1
12.0
10.8
13.4
9.1
7.0
9.9
14.0
12.0
12.6
11.5
12.0
11.7
12.1
—

Bajaj Hindusthan Sugar Ltd · BAJAJHIND

—
—
-6.6
—
—
—
-11.9
—
—
-74.7
-41.8
—
—
—
-102.8
—
—
-52.7
30.5
—

Balrampur Chini Mills Ltd · BALRAMCHIN

18.1
18.3
21.8
16.4
17.8
28.0
29.8
27.3
25.5
15.3
12.5
16.2
24.9
24.3
26.9
27.2
21.8
21.9
22.4
—

Bannari Amman Sugars Ltd · BANARISUG

32.1
42.0
36.8
33.7
35.4
32.9
28.9
24.1
25.3
20.9
16.0
25.9
31.3
35.1
49.9
47.1
40.3
37.1
31.9
—

Dalmia Bharat Sugar & Industries Ltd · DALMIASUG

12.4
11.4
13.8
8.5
9.0
10.6
9.4
10.3
12.5
11.4
9.4
13.8
16.2
10.8
10.8
12.4
10.4
8.9
11.6
—

DCM Shriram Ltd · DCMSHRIRAM

20.9
18.6
18.4
13.6
13.4
12.4
10.4
15.5
23.8
26.0
25.8
37.3
32.9
32.6
31.0
30.5
29.1
27.2
24.8
18.9

EID Parry (India) Ltd · EIDPARRY

13.0
15.7
12.8
9.8
10.2
9.7
7.9
8.8
11.9
10.0
11.3
15.1
17.0
21.7
17.2
25.2
20.4
18.7
13.4
—

Godavari Biorefineries Ltd · GODAVARIB⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
541.7
420.8
—
—
31.9
28.7
—

M.V.K. Agro Food Product Ltd · MVKAGRO⚠ unverified

—
—
—
—
—
—
—
—
—
—
8.9
7.7
8.7
7.7
8.8
25.1
80.8
169.7
121.3
—

Shree Renuka Sugars Ltd · RENUKA

—
-18.9
-54.7
—
—
-148.2
-47.7
—
—
—
—
—
—
—
-19.6
—
—
—
—
—

Triveni Engineering and Industries Ltd · TRIVENI

8.4
8.9
11.3
8.1
9.2
11.0
10.1
8.5
11.2
10.8
9.7
13.2
17.3
21.2
22.9
20.8
21.7
21.1
17.4
27.4
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Sugar comparison names 7 specific ways its own evidence can mislead, all listed below. 1 of the 20 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 10 draw at least one figure from a second feed with too little overlap to cross-check.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
  • 10 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 20 Sugar companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing6 cross-checked · 12 unverified · 2 withheld, of 20 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Sugar company comparison FAQs

These 24 answers restate the Sugar comparison above in question form. Every one is computed from the same 20 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the Sugar sector outperforming NIFTY 500?

Sugar has underperformed NIFTY 500 by 9.6% over 52 weeks and 15.1% over 13 weeks. 6 of 20 covered companies beat NIFTY on Mansfield relative strength, while 8 of 19 beat the sector itself.

Which Sugar company is largest by revenue?

EID Parry (India) Ltd leads with revenue of ₹38,542 crore, based on 19 of 20 comparable companies through Mar 2026.

Which Sugar company is growing fastest?

Andhra Sugars Ltd has the fastest current revenue growth at 22.1%, across 19 of 20 comparable companies.

Which Sugar company has the strongest 4-Factor Sector Score?

Andhra Sugars Ltd ranks first at 65.7/100 with 82.8% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Sugar company has the lowest comparable PEG?

DCM Shriram Ltd has the lowest comparable PEG at 0.44, among 5 of 20 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Sugar comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty Sugar index?

The Nifty Sugar index tracks India's listed Sugar companies as a single basket. This page follows the same 20 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Sugar sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Sugar stocks in India?

Ranked by this page's four-factor score, Andhra Sugars Ltd places first among 20 listed Sugar companies, followed by DCM Shriram Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Sugar stocks are listed in India?

This comparison covers 20 listed Sugar companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Sugar company is the biggest?

EID Parry (India) Ltd is the largest, with trailing-twelve-month revenue of ₹38,542 crore, ahead of DCM Shriram Ltd at ₹13,840 crore. That covers 19 of 20 companies with comparable reporting through Mar 2026.

Which Sugar company has the best profit margins?

Magadh Sugar & Energy Ltd has the highest operating margin at 27%, from 20 of 20 comparable companies. M.V.K. Agro Food Product Ltd shows the biggest recent improvement, at +17 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Sugar company makes the most profit?

DCM Shriram Ltd earns the most, at ₹1,436 crore of trailing-twelve-month net profit, from 19 of 20 comparable companies. Andhra Sugars Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Sugar company earns the highest return on capital?

EID Parry (India) Ltd leads on return on capital employed at 17%, across 20 of 20 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Sugar stock is the cheapest?

On PEG — where a LOWER number is cheaper — DCM Shriram Ltd screens cheapest at 0.44×. Only 5 of 20 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Sugar sector beating the market?

Sugar has underperformed NIFTY 500 by 9.6% over the last 52 weeks and 15.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 6 of 20 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Sugar stock has the strongest price momentum?

Balrampur Chini Mills Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Sugar company scores highest for research priority?

Andhra Sugars Ltd scores 65.7 out of 100 with 82.8% evidence confidence, from 26.7 points on growth and earnings, 12.9 on capital efficiency, 13 on valuation and 13.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Sugar companies does this comparison cover, and over what period?

It compares 20 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Sugar sector?

The 20 Sugar companies on this page carry ₹73,423 crore of combined market value. DCM Shriram Ltd is the largest at ₹16,123 crore, about 22% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

What is the Sugar sector's P/E ratio?

The median price-to-earnings ratio across the 20 Sugar companies on this page is 18.6×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-05.

How is the Sugar sector performing?

6 of the 20 covered Sugar companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 9.6% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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