₹39.7
▲ +0.43 +1.09%
17 Jul 2026
NSE Listed
The Ugar Sugar Works Ltd. (UGARSUGAR)
Volume: 84,895Avg Vol 1W: 75,161.8Avg Vol 1M: 1,50,323.252W Range:₹33.75₹50.28
Key Ratios
Checked 18h agoMarket Cap₹442 Cr
Current Price₹39.7
Previous Close₹39.27
High / Low (52w)₹50.28 / ₹33.75
Volume84,895
Avg Vol (1W)75,161.8
Avg Vol (1M)1,50,323.2
Stock P/E9.65
Book Value₹15.35
Dividend Yield0%
ROE39.64%
ROA10.87%
Revenue (TTM)₹1,343 Cr
Revenue Growth57.7%
Profit Margin388.7%
Total Debt₹140 Cr
Shares Outstanding11 Cr
Face Value₹1
EPS (TTM)₹6.08
P/B2.56
Debt / Equity3.21
50 DMA₹40.54
200 DMA₹40.4
Day change+1.09%
Price Chart
₹39.7▼ 19.06% · 1Y
2025-07-162026-07-15
20-day avg volume: 1.5L shares
Pros
- Healthy return on equity of 39.6%.
- Company is almost debt-free.
Quarterly Results
| Metric | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹299 Cr | ₹363 Cr | ₹335 Cr | ₹256 Cr | ₹594 Cr | ₹608 Cr | ₹188 Cr | ₹234 Cr |
| EBITDA | ₹62 Cr | ₹27 Cr | ₹23 Cr | ₹0 Cr | ₹73 Cr | ₹101 Cr | ₹1 Cr | ₹-23 Cr |
| Net Profit | ₹51 Cr | ₹15 Cr | ₹6 Cr | ₹-13 Cr | ₹46 Cr | ₹65 Cr | ₹-9 Cr | ₹-33 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ₹873 Cr | ₹961 Cr | ₹1,140 Cr | ₹1,801 Cr |
| EBITDA | ₹57 Cr | ₹61 Cr | ₹90 Cr | ₹197 Cr |
| Net Profit | ₹14 Cr | ₹17 Cr | ₹43 Cr | ₹103 Cr |
| EPS | 1.22 | 1.52 | 3.85 | 9.16 |
Balance Sheet
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Total Assets | ₹831 Cr | ₹893 Cr | ₹1,164 Cr | ₹916 Cr |
| Total Liabilities | ₹766 Cr | ₹813 Cr | ₹1,042 Cr | ₹696 Cr |
| Equity | ₹65 Cr | ₹80 Cr | ₹122 Cr | ₹221 Cr |
| Total Debt | — | — | — | — |
Cash Flow
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Operating | ₹45 Cr | ₹-78 Cr | ₹96 Cr | ₹423 Cr |
| Investing | ₹-1 Cr | ₹-6 Cr | ₹-131 Cr | ₹-48 Cr |
| Financing | ₹-37 Cr | ₹79 Cr | ₹39 Cr | ₹-346 Cr |
| Free Cash Flow | ₹45 Cr | ₹-78 Cr | ₹96 Cr | ₹423 Cr |
Shareholding
Promoter 44.54% Institutions 0.19% Public 55.27%
Efficiency & Working Capital
ROCE3.3%
Interest Coverage4.1
Dividend Payout—
Debtor Days35 d
Inventory Days69 d
Payable Days28 d
Cash Conversion Cycle76 d
Working Capital Days104 d
Shareholding Details
As of 2026-03-31
Promoter44.5%
FII0.2%
DII0%
Institutions0.2%
Public55.3%
Promoter Pledge0%
No. of Shareholders72,687
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 44.4% | 44.3% | 44.3% | 44.5% | 44.5% | 44.4% | 44.8% | 46.6% | 46.7% | 47% | 46.8% | 44.5% |
| FIIs | 2.3% | 3.6% | 2.6% | 2.1% | 1.6% | 0.6% | 0.5% | 0.4% | 0.7% | 0.2% | 0.2% | 0.2% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 53.4% | 52% | 53.1% | 53.5% | 54% | 55% | 54.7% | 53% | 52.6% | 52.8% | 53.1% | 55.3% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 53,802 | 58,988 | 63,471 | 66,327 | 65,482 | 61,830 | 61,146 | 61,788 | 62,151 | 63,874 | 72,337 | 72,687 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| S B Reshellers Private Limited | Shareholding of Promoter and Promoter Group | 17.5% | 1.97 Cr |
| Prabhakar Shirgaonkar Enterprises | Shareholding of Promoter and Promoter Group | 3% | 33,51,756 |
| V S Shirgaokar Enterprieses | Shareholding of Promoter and Promoter Group | 2.9% | 32,27,694 |
| Chandan Sanjeev Shirgaokar | Shareholding of Promoter and Promoter Group | 2.2% | 24,58,974 |
| Dm Shirgaonkar Enterprises | Shareholding of Promoter and Promoter Group | 1.9% | 21,65,988 |
| Radhika Sanjeev Shirgaonkar | Shareholding of Promoter and Promoter Group | 1.9% | 20,97,978 |
| Shishir Shirgaokar Enterprises | Shareholding of Promoter and Promoter Group | 1.8% | 20,25,762 |
| S S Shirgaokar Enterprises | Shareholding of Promoter and Promoter Group | 1.7% | 18,53,550 |
| Prafulla Shirgaokar Enterprises | Shareholding of Promoter and Promoter Group | 1.6% | 18,34,436 |
| Babasaheb Neelkanth Kalyani | Public Shareholding | 1.4% | 15,83,880 |
| Sunita Babasaheb Kalyani | Public Shareholding | 1.4% | 15,14,800 |
| Suresh Shirgaokar Enterprises | Shareholding of Promoter and Promoter Group | 1.3% | 14,67,020 |
| Sohan Sanjeev Shirgaokar | Shareholding of Promoter and Promoter Group | 1.2% | 13,34,945 |
| Sachin Rajendra Shirgaokar | Shareholding of Promoter and Promoter Group | 1% | 11,70,041 |
| Shirgaokar Prafulla Vinayak | Shareholding of Promoter and Promoter Group | 1% | 11,49,016 |
| Tarini Sanat Shirgaokar | Shareholding of Promoter and Promoter Group | 0.9% | 9,53,000 |
| Tara Tiles Pvt Ltd | Shareholding of Promoter and Promoter Group | 0.8% | 9,26,200 |
| Kunda Kumar Shirgaokar | Shareholding of Promoter and Promoter Group | 0.6% | 6,36,463 |
| Asawari Niraj Shirgaokar | Shareholding of Promoter and Promoter Group | 0.4% | 4,73,140 |
| Laxmi Sachin Shirgaokar | Shareholding of Promoter and Promoter Group | 0.4% | 3,95,659 |
| Shishir Suresh Shirgaokar | Shareholding of Promoter and Promoter Group | 0.3% | 3,38,342 |
| Rajeev Vijay Dalvi | Shareholding of Promoter and Promoter Group | 0.3% | 3,19,111 |
| Geetali Chandan Shirgaonkar | Shareholding of Promoter and Promoter Group | 0.3% | 2,95,256 |
| Madhavi Rajeev Dalvi | Shareholding of Promoter and Promoter Group | 0.3% | 2,81,000 |
| Shirgaokar Smita Prafulla | Shareholding of Promoter and Promoter Group | 0.2% | 2,75,400 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Aniket Jeevan Shirgoankar | 0 | 0% | 2026-03-31 |
| Anuja Jeevan Shirgaonkar | 0 | 0% | 2026-03-31 |
| Arjun Niraj Shirgaokar | 0 | 0% | 2026-03-31 |
| Asawari Niraj Shirgaokar | 0 | 0% | 2026-03-31 |
| Avinash Vasantrao Shirgaonkar | 0 | 0% | 2026-03-31 |
| Chandan Sanjeev Shirgaokar | 0 | 0% | 2026-03-31 |
| Harshada Avinash Shirgaonkar | 0 | 0% | 2026-03-31 |
| Jeevan Vasant Shirgaonkar | 0 | 0% | 2026-03-31 |
| Kunda Kumar Shirgaokar | 0 | 0% | 2026-03-31 |
| Laxmi Sachin Shirgaokar | 0 | 0% | 2026-03-31 |
| Niraj Shishir Shirgaokar | 0 | 0% | 2026-03-31 |
| Radhika Sanjeev Shirgaonkar | 0 | 0% | 2026-03-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| R V Shirgaokar | Chairman Emeritus | 2025 |
| Prafulla Vinayak Shirgaokar | Non Executive Director | 2025 |
| Shishir S Shirgaokar | Chairman (Non-Executive) | 2025 |
| Niraj S Shirgaokar | Managing Director | 2025 |
| Chandan Sanjeev Shirgaokar | Managing Director | 2025 |
| Sachin R. Shirgaokar | Non Executive Director | 2025 |
| Sohan S Shirgaokar | Executive Director | 2025 |
| Hari Y Athawale | Independent Director | 2025 |
| Shilpa Kumar | Non Executive Director | 2025 |
| S S Gangavati | Independent Director | 2025 |
| Suneeta Thakur | Independent Director | 2025 |
| Subhash Gundappa Kutte | Independent Director | 2025 |
| Shreenath Deshpande | Independent Director | 2025 |
| RAVI YESHWANT SHIRALKAR | Independent Director | 2025 |
| Ashish Kamath | Independent Director | 2025 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Sugar | ₹592 Cr | 42.1% |
| Electricity | ₹21 Cr | 1.5% |
| Petrol Pump | ₹41 Cr | 2.9% |
| Industrial Alcohol | ₹661 Cr | 46.9% |
| Potable Alcohol | ₹91 Cr | 6.5% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹1 | 20 | 11 | 11 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | — | Book Closure | AGM & 10% Final Dividend |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 15 | 6 | 22 |
| 2025 | 0 | 0 | 0 | 2 | 5 | 8 |
| 2025 | 0 | 0 | 0 | 13 | 1 | 14 |
Insider / Designated-Person Trades
30 recent disclosure(s)
GEETALI CHANDAN SHIRGAONKARAcquisition · 10
SOHAN SANJEEV SHIRGAOKARAcquisition · 2,25,515
SACHIN RAJENDRA SHIRGAOKARAcquisition · 13,408
TARINI SANAT SHIRGAOKARAcquisition · 15,000
TARINI SANAT SHIRGAOKARAcquisition · 15,000
V S SHIRGAOKAR ENTERPRISES LLPAcquisition · 12,300
Company Information
Incorporated1939
ChairmanShishir S Shirgaokar
AuditorKirtane & Pandit LLP
Investor Email[email protected]; [email protected]
📍 Mahaveer Nagar, Wakhar Bhag, Sangli, Maharashtra, 416416
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