Ugar Sugar Works Ltd
Ugar Sugar Works Ltd (UGARSUGAR)

Ugar Sugar Works Ltd (UGARSUGAR)

₹58.66.09%

Key Stats

₹58.1
Day's Price Range
₹63.4
₹25.2
52-Week Price Range
₹86.75
1 Month Return9.76 %
3 Month Return28.52 %
1 Year Return132.83 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 103
10.64
EPS
Rank 180
₹5.86
BVPS
Rank 407
₹10.82
Dividend Yield
Rank 94
1.14%
ROE
Rank 20
43.31%
Price To Book Ratio
Rank 255
5.76
Debt To Asset
Rank 73
0.91

Company Information

Ugar Sugar Works USWL was incorporated in 1939. This Company was promoted by S S Shirgaokar and R V Shirgaokar. The company produces sugar at its plant in Belgaum district Karnataka. USWL has diversified into power cogeneration and distilleries. It has set up a 45000ltr unit to produce rectified spirit. USWL also has thought of cogenerating power however the project was delayed due to unavoidable circumstances. As a Diversification cum Tax Saving Measure the Company has decided to set up Four Wind Mills in Tamilnadu for Wind Power Generation.During 199899 the company has expanded the crushing capacity upto 7500 MT crushing per day. The company has successfully implemented the 1st phase of 18 MW Cogeneration project and power generation.The companys expansion of existing crushing capacity from 7500 TCD to 10000 TCD was completed. The Cogeneration capacity from 28 MW to 44 MW is under progress. It has sold 4 wind mills situated in Tamil Nadu.It has entered into an agreement with UDV India Ltd a subsidiary of United Distilleries and Vinters Ltd UK for bottling their products at the companys ditillery. It also made arrangements to bottle its own IML with K S Distilleries and Super Star Distilleries in Kerala and Paramount Distilleries at Goa. To provide consultancy services to sugar industries the company had set up a subsidiary company viz Ugar Power Generation and Consultancy Services Ltd and it is getting good response.
OrganisationUgar Sugar Works Ltd
HeadquartersSangli
IndustrySugar