The Ugar Sugar Works Ltd

BSE: 530363 NSE: UGARSUGAR
The Ugar Sugar Works Ltd - agriculture in Sangli, Maharashtra, India. FY 2026 financials and compliance.
CIN L15421PN1939PLC006738 Incorporated 11 September 1939 ROC Pune HQ Sangli, Maharashtra, India
Active Listed - NSE: UGARSUGAR · BSE: 530363 Public Limited Company agriculture
Data last updated
Revenue · FY 2026
₹1,515.09 Cr
▲ 7.65% YoY
EBITDA · FY 2026
₹111.05 Cr
▲ 106.31% YoY
Net profit · FY 2026
₹13.61 Cr
▲ 183.44% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹11.25 Cr
Issued & subscribed
Open charges
₹1,252.36 Cr
Satisfied ₹562.14 Cr
Company age
87 yrs
Est. 1939
Last financials
Mar 2025
Balance sheet date

About The Ugar Sugar Works Ltd

Data last updated: 16 February 2026

The Ugar Sugar Works Ltd is a public limited company based in Sangli, Maharashtra, India. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 11 September 1939, the company has been in operation for over 87 years.

Registered with ROC Pune under CIN L15421PN1939PLC006738. Listed on BSE: 530363 and NSE: UGARSUGAR.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.25 Cr. It is led by directors including Shripad Sannacharya Gangavati and Sachin Rajendra Shirgaokar.

Last AGM: 05 August 2025. Financial statements filed for year ended 31 March 2025. Office: Mahaveer Nagar, Sangli, Maharashtra, India – 416416.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,420.81 Cr, a growth of 8% compared to the previous year.

Its group structure includes 1 subsidiary and 1 joint venture.

The company is associated with 1 brand - Ugar Sugar. As per MCA filings, the company has open charges of ₹1,252.36 Cr and satisfied charges of ₹562.14 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website web.ugarsugar.com.

Company Details of The Ugar Sugar Works Ltd
CIN L15421PN1939PLC006738
Registration Number 006738
Incorporation Date 11 September 1939
ROC Pune
Listing Status Listed (BSE: 530363, NSE: UGARSUGAR)
Company Status Active
Date of Last AGM 05 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Niraj Shishir Shirgaokar Managing Director Chandan Sanjeev Shirgaokar Managing Director Sohan Sanjeev Shirgaokar Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    web.ugarsugar.com
  • Social Media
    **************
  • Registered Address
    Mahaveer Nagar, Sangli, Maharashtra, India – 416416
  • Industry
    Agriculture, Sugar Processing
Company report
The Ugar Sugar Works Ltd - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for The Ugar Sugar Works Ltd in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd has one previous CIN (Corporate Identification Number): U15421MH1948PLC006738. The current CIN is L15421PN1939PLC006738, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L15421PN1939PLC006738 Current
U15421MH1948PLC006738 Previous

Associated Brands with The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd operates one associated brand: Ugar Sugar. These brands represent The Ugar Sugar Works Ltd's diversified market presence and brand portfolio.

Brand Description Website
Ugar Sugar
Sugar is manufactured by Ugar Sugar in Sangli, India. ugarsugar.com

Business Activity of The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd is engaged in principal business activities including manufacturing and electricity, gas, steam and air condition supply, with detailed activities including food, beverages and tobacco products, electric power generation, transmission and distribution. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C1 Food, beverages and tobacco products *********
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution *********

Auditor Details of The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd is audited by KIRTANE & PANDIT LLP (ICAI peer reviewed, certificate valid till 2026-12-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
KIRTANE & PANDIT LLP (ICAI peer reviewed, certificate valid till 2026-12-31) FY 2026 Declaration of unmodified opinion

Board of Directors of The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd is currently managed by 16 directors, with 27 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Shripad Sannacharya Gangavati
Also directs: The Ugar Sugar Works Ltd
Director 14 Aug 2019 6 Years 10 Months Current
Sachin Rajendra Shirgaokar
Also directs: The Ugar Sugar Works Ltd, D.M.Shirgaokar Enterprises Llp, Synergy Green Industries Limited and 4 more
Director 29 Jan 2014 12 Years 5 Months Current
Niraj Shishir Shirgaokar
Also directs: The Ugar Sugar Works Ltd, Suresh Shirgaokar Enterprises Llp, D.M.Shirgaokar Enterprises Llp and 5 more
Managing Director 01 Apr 2011 15 Years 3 Months Current
Ravi Yeshwant Shiralkar
Also directs: The Ugar Sugar Works Ltd, Kolhapur Agro Tech Services Limited, Sumangal Agro Solutions Private Limited
Director 29 Jul 2024 1 Years 11 Months Current
Chandan Sanjeev Shirgaokar
Also directs: The Ugar Sugar Works Ltd, S.S.Shirgaokar Enterprises Llp, Suresh Shirgaokar Enterprises Llp and 4 more
Managing Director 01 Apr 2011 15 Years 3 Months Current
Aashish Ramdas Kamat
Also directs: The Ugar Sugar Works Ltd, Jsw Cement Limited, Idfc First Bank Limited and 1 more
Director 29 Jul 2024 1 Years 11 Months Current
Showing 6 of 16 current directors. View all directors

Financials of The Ugar Sugar Works Ltd FY 2026 filings available

The Ugar Sugar Works Ltd reported revenue of ₹1,515.09 Cr (up 7.65% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹1,515.09 Cr ▲ 7.65%
Profit · FY 2026
₹13.61 Cr ▲ 183.44%
EBITDA · FY 2026
₹111.05 Cr ▲ 106.31%
Revenue₹ Cr · Standalone01,0002,000FY 2020: ₹966 Cr966FY 2020FY 2021: ₹1,118 Cr · +15.7% YoY1,118+15.7%FY 2021FY 2022: ₹1,302 Cr · +16.4% YoY1,302+16.4%FY 2022FY 2023: ₹1,940 Cr · +49.1% YoY1,940+49.1%FY 2023FY 2024: ₹1,277 Cr · -34.2% YoY1,277-34.2%FY 2024FY 2025: ₹1,407 Cr · +10.2% YoY1,407+10.2%FY 2025FY 2026: ₹1,515 Cr · +7.7% YoY1,515+7.7%FY 2026
Net Profit₹ Cr · Standalone-50050100150FY 2020: ₹14 Cr13.8FY 2020FY 2021: ₹17 Cr · +23.9% YoY17.1+23.9%FY 2021FY 2022: ₹43 Cr · +154.1% YoY43.3+154.1%FY 2022FY 2023: ₹103 Cr · +137.9% YoY103+137.9%FY 2023FY 2024: ₹21 Cr · -79.5% YoY21.1-79.5%FY 2024FY 2025: ₹16 Cr (loss) · -177.2% YoY-16.3FY 2025FY 2026: ₹14 Cr · +183.4% YoY13.6+183.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0200400600Q1'25: ₹345 Cr · +58.5% YoY345+58.5%Q1'25Q2'25: ₹263 Cr · -0.9% YoY263-0.9%Q2'25Q3'25: ₹275 Cr · -29.4% YoY275-29.4%Q3'25Q4'25: ₹524 Cr · +29.6% YoY524+29.6%Q4'25Q1'26: ₹364 Cr · +5.5% YoY364+5.5%Q1'26Q2'26: ₹425 Cr · +61.5% YoY425+61.5%Q2'26Q3'26: ₹329 Cr · +19.6% YoY329+19.6%Q3'26Q4'26: ₹397 Cr · -24.3% YoY397-24.3%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1,515.09 Cr ₹1,407.41 Cr ₹1,277.24 Cr ₹1,940.15 Cr ₹1,301.59 Cr ₹1,117.96 Cr ₹966.2 Cr
Other Income ₹7.52 Cr ₹13.39 Cr ₹33.08 Cr ₹6.41 Cr ₹2.23 Cr ₹5.85 Cr ₹47.62 Cr
Total Income ₹1,522.61 Cr ₹1,420.81 Cr ₹1,310.32 Cr ₹1,946.56 Cr ₹1,303.82 Cr ₹1,123.82 Cr ₹1,013.82 Cr
Cost of Materials Consumed ₹1,327.7 Cr ₹1,059.51 Cr ₹942.42 Cr ₹924.32 Cr ₹984.14 Cr ₹775.73 Cr ₹572.44 Cr
Purchases of Stock-in-Trade ₹43.15 Cr ₹40.21 Cr ₹64.23 Cr ₹73.53 Cr ₹46.71 Cr ₹39.31 Cr ₹35.21 Cr
Changes in Inventories -₹214.98 Cr ₹13.96 Cr -₹105.58 Cr ₹402.58 Cr -₹136.53 Cr -₹43.21 Cr ₹71.1 Cr
Employee Benefit Expense ₹89.27 Cr ₹88.47 Cr ₹94.52 Cr ₹107.93 Cr ₹78.43 Cr ₹69.48 Cr ₹69.98 Cr
Finance Costs ₹61.07 Cr ₹48.43 Cr ₹44.4 Cr ₹48.35 Cr ₹43.54 Cr ₹42.61 Cr ₹43.13 Cr
Depreciation & Amortisation ₹33.24 Cr ₹27.5 Cr ₹29.08 Cr ₹18.07 Cr ₹11.47 Cr ₹12.42 Cr ₹13.74 Cr
Other Expenses ₹166.42 Cr ₹164.84 Cr ₹211.44 Cr ₹223.4 Cr ₹229.71 Cr ₹208.88 Cr ₹194.31 Cr
Total Expenses ₹1,505.88 Cr ₹1,442.92 Cr ₹1,280.51 Cr ₹1,798.17 Cr ₹1,257.46 Cr ₹1,105.22 Cr ₹999.91 Cr
Profit Before Exceptional Items & Tax ₹16.74 Cr -₹22.11 Cr ₹29.8 Cr ₹148.39 Cr ₹46.36 Cr ₹18.6 Cr ₹13.91 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹16.74 Cr -₹22.11 Cr ₹29.8 Cr ₹148.39 Cr ₹46.36 Cr ₹18.6 Cr ₹13.91 Cr
Total Tax Expense ₹3.12 Cr -₹5.8 Cr ₹8.66 Cr ₹45.34 Cr ₹3.04 Cr ₹1.55 Cr ₹13.85 Lakh
Net Profit ₹13.61 Cr -₹16.31 Cr ₹21.14 Cr ₹103.05 Cr ₹43.32 Cr ₹17.05 Cr ₹13.77 Cr
Other Comprehensive Income ₹4.07 Cr ₹15.83 Lakh -₹1.39 Cr -₹1.17 Cr ₹17.32 Lakh -₹14.19 Lakh -₹1.28 Cr
Total Comprehensive Income ₹17.68 Cr -₹16.15 Cr ₹19.75 Cr ₹101.87 Cr ₹43.5 Cr ₹16.91 Cr ₹12.48 Cr
EBITDA (computed) ₹111.05 Cr ₹53.82 Cr ₹103.29 Cr ₹214.8 Cr ₹101.37 Cr ₹73.63 Cr ₹70.78 Cr
Basic EPS ₹1.21 ₹-1.45 ₹1.88 ₹9.16 ₹3.94 ₹1.52 ₹1.22
Diluted EPS ₹1.21 ₹-1.45 ₹1.88 ₹9.16 ₹3.94 ₹1.52 ₹1.22
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,320.28 Cr ₹1,085.25 Cr ₹1,085.25 Cr ₹915.07 Cr
Non-current Assets ₹403.29 Cr ₹355.39 Cr ₹355.39 Cr ₹280.67 Cr
Current Assets ₹916.99 Cr ₹729.86 Cr ₹729.86 Cr ₹634.4 Cr
Property, Plant & Equipment ₹339.07 Cr ₹253.65 Cr ₹253.65 Cr ₹221.88 Cr
Inventories ₹700.76 Cr ₹485.07 Cr ₹485.07 Cr ₹365.3 Cr
Trade Receivables ₹137.01 Cr ₹142.1 Cr ₹142.1 Cr ₹187.25 Cr
Cash & Equivalents ₹1.95 Cr ₹93.84 Lakh ₹93.84 Lakh ₹5.71 Cr
Equity (Net Worth) ₹233.68 Cr ₹234.97 Cr ₹234.97 Cr ₹219.71 Cr
Equity Share Capital ₹11.25 Cr ₹11.25 Cr ₹11.25 Cr ₹11.25 Cr
Borrowings (Non-current) ₹62.18 Cr ₹83.65 Cr ₹83.65 Cr ₹140.04 Cr
Borrowings (Current) ₹605.76 Cr ₹430.19 Cr ₹430.19 Cr ₹207.14 Cr
Total Debt (computed) ₹667.95 Cr ₹513.84 Cr ₹513.84 Cr ₹347.18 Cr
Current Liabilities ₹1,011.69 Cr ₹752.49 Cr ₹752.49 Cr ₹541.18 Cr
Total Liabilities ₹1,086.6 Cr ₹850.28 Cr ₹850.28 Cr ₹695.36 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹43.73 Cr ₹21.31 Cr -₹37.32 Cr ₹394.05 Cr ₹52.01 Cr
Investing Cash Flow -₹24.66 Cr -₹72.58 Cr -₹98.26 Cr -₹48.42 Cr -₹92.43 Cr
Financing Cash Flow -₹18.8 Cr ₹52.03 Cr ₹130.76 Cr -₹346.11 Cr ₹39.73 Cr
Capital Expenditure ₹25.87 Cr ₹77.45 Cr ₹102.85 Cr ₹59.24 Cr ₹92.06 Cr
Free Cash Flow (computed) ₹17.86 Cr -₹56.14 Cr -₹140.16 Cr ₹334.81 Cr -₹40.05 Cr
Dividends Paid ₹0 ₹2.81 Cr ₹5.63 Cr ₹2.81 Cr ₹2.25 Cr
Net Change in Cash ₹26.66 Lakh ₹74.94 Lakh -₹4.82 Cr -₹48.21 Lakh -₹68.32 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹397.02 Cr ₹328.93 Cr ₹425.26 Cr ₹363.88 Cr ₹524.21 Cr ₹274.98 Cr ₹263.28 Cr ₹344.95 Cr ₹404.35 Cr ₹389.44 Cr ₹265.79 Cr ₹217.67 Cr
Other Income ₹3.77 Cr ₹36.07 Lakh ₹2.29 Cr ₹1.1 Cr ₹5.11 Cr ₹2.36 Cr ₹3.62 Cr ₹2.31 Cr ₹25.86 Cr ₹1.07 Cr ₹3.98 Cr ₹2.18 Cr
Total Income ₹400.78 Cr ₹329.29 Cr ₹427.56 Cr ₹364.98 Cr ₹529.32 Cr ₹277.34 Cr ₹266.89 Cr ₹347.25 Cr ₹430.21 Cr ₹390.5 Cr ₹269.76 Cr ₹219.84 Cr
Cost of Materials Consumed ₹537.49 Cr ₹455.52 Cr ₹148.37 Cr ₹186.33 Cr ₹517.09 Cr ₹354.74 Cr ₹84.2 Cr ₹103.48 Cr ₹440.15 Cr ₹427.8 Cr ₹32.77 Cr ₹41.69 Cr
Purchases of Stock-in-Trade ₹15.43 Cr ₹14.85 Cr ₹6.03 Cr ₹6.84 Cr ₹16.53 Cr ₹13.75 Cr ₹4.33 Cr ₹5.61 Cr ₹10.59 Cr ₹16.49 Cr ₹30.74 Cr ₹6.4 Cr
Changes in Inventories -₹297.88 Cr -₹239.61 Cr ₹213.03 Cr ₹109.47 Cr -₹126.64 Cr -₹170.21 Cr ₹147.46 Cr ₹163.35 Cr -₹163.66 Cr -₹188.38 Cr ₹144.31 Cr ₹102.15 Cr
Employee Benefit Expense ₹26.96 Cr ₹25.18 Cr ₹18.62 Cr ₹18.52 Cr ₹24.26 Cr ₹24 Cr ₹19.53 Cr ₹20.68 Cr ₹31.66 Cr ₹23.57 Cr ₹22.12 Cr ₹17.18 Cr
Finance Costs ₹17.95 Cr ₹11.53 Cr ₹17.72 Cr ₹13.87 Cr ₹10.69 Cr ₹12.14 Cr ₹12.21 Cr ₹13.4 Cr ₹18.07 Cr ₹8.09 Cr ₹9.19 Cr ₹9.05 Cr
Depreciation & Amortisation ₹10.17 Cr ₹9.23 Cr ₹7.2 Cr ₹6.64 Cr ₹7 Cr ₹6.88 Cr ₹6.83 Cr ₹6.79 Cr ₹8.17 Cr ₹7.1 Cr ₹6.94 Cr ₹6.87 Cr
Other Expenses ₹44.25 Cr ₹36.47 Cr ₹48.28 Cr ₹37.41 Cr ₹35.39 Cr ₹32.39 Cr ₹52.08 Cr ₹44.98 Cr ₹61.99 Cr ₹49.23 Cr ₹56.09 Cr ₹44.13 Cr
Total Expenses ₹354.38 Cr ₹313.16 Cr ₹459.25 Cr ₹379.09 Cr ₹484.32 Cr ₹273.69 Cr ₹326.64 Cr ₹358.28 Cr ₹406.98 Cr ₹343.91 Cr ₹302.16 Cr ₹227.47 Cr
Profit Before Exceptional Items & Tax ₹46.41 Cr ₹16.13 Cr -₹31.69 Cr -₹14.11 Cr ₹45 Cr ₹3.65 Cr -₹59.75 Cr -₹11.02 Cr ₹23.23 Cr ₹46.59 Cr -₹32.4 Cr -₹7.62 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹46.41 Cr ₹16.13 Cr -₹31.69 Cr -₹14.11 Cr ₹45 Cr ₹3.65 Cr -₹59.75 Cr -₹11.02 Cr ₹23.23 Cr ₹46.59 Cr -₹32.4 Cr -₹7.62 Cr
Total Tax Expense ₹64.46 Lakh ₹2.37 Cr ₹48.03 Lakh -₹37.36 Lakh -₹6.02 Cr -₹87.07 Lakh ₹28.54 Lakh ₹80.45 Lakh ₹5.87 Cr ₹47.11 Lakh ₹80.28 Lakh ₹1.51 Cr
Net Profit ₹45.76 Cr ₹13.76 Cr -₹32.17 Cr -₹13.73 Cr ₹51.02 Cr ₹4.53 Cr -₹60.03 Cr -₹11.83 Cr ₹17.36 Cr ₹46.12 Cr -₹33.2 Cr -₹9.14 Cr
Other Comprehensive Income ₹1.44 Cr ₹1.14 Cr ₹1.38 Cr ₹12.15 Lakh -₹37.7 Lakh ₹41.12 Lakh -₹83.48 Lakh ₹70.6 Lakh -₹91.51 Lakh -₹27.08 Lakh ₹53.29 Lakh -₹52.69 Lakh
Total Comprehensive Income ₹47.2 Cr ₹14.89 Cr -₹30.8 Cr -₹13.61 Cr ₹50.64 Cr ₹4.94 Cr -₹60.87 Cr -₹11.12 Cr ₹16.45 Cr ₹45.85 Cr -₹32.67 Cr -₹9.66 Cr
EBITDA (computed) ₹74.53 Cr ₹36.89 Cr -₹6.77 Cr ₹6.41 Cr ₹62.69 Cr ₹22.67 Cr -₹40.71 Cr ₹9.16 Cr ₹49.47 Cr ₹61.78 Cr -₹16.27 Cr ₹8.3 Cr
Basic EPS ₹4.07 ₹1.22 ₹2.86 ₹-1.22 ₹4.54 ₹0.40 ₹-5.34 ₹-1.05 ₹1.54 ₹4.10 ₹-2.95 ₹-0.81
Diluted EPS ₹4.07 ₹1.22 ₹2.86 ₹-1.22 ₹4.54 ₹0.40 ₹-5.34 ₹-1.05 ₹1.54 ₹4.10 ₹-2.95 ₹-0.81
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Sugar ₹321.29 Cr ₹79.12 Cr ₹678.98 Cr ₹330.9 Cr
Co-generation ₹76.77 Cr ₹11.49 Cr ₹64.3 Cr ₹15.66 Cr
Industrial Alcohol ₹138 Cr -₹16.76 Cr ₹425.52 Cr ₹25.01 Cr
Potable Alcohol ₹8.75 Cr -₹70.17 Lakh ₹17.38 Cr ₹3.85 Cr
Unallocated ₹15.59 Cr ₹26.99 Lakh ₹118.04 Cr ₹17.81 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Sugar ₹823.67 Cr ₹80.37 Cr - -
Co-generation ₹193.11 Cr ₹24.71 Cr - -
Industrial Alcohol ₹788.63 Cr ₹20.27 Cr - -
Potable Alcohol ₹36.22 Cr -₹3.25 Cr - -
Unallocated ₹44.09 Cr ₹73.09 Lakh - -
Metrics FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1,940.15 Cr ₹1,301.59 Cr ₹1,117.96 Cr ₹966.2 Cr
Other Income ₹6.42 Cr ₹2.24 Cr ₹5.87 Cr ₹47.63 Cr
Total Income ₹1,946.57 Cr ₹1,303.83 Cr ₹1,123.83 Cr ₹1,013.82 Cr
Cost of Materials Consumed ₹924.32 Cr ₹984.14 Cr ₹775.73 Cr ₹572.44 Cr
Purchases of Stock-in-Trade ₹73.53 Cr ₹46.71 Cr ₹39.31 Cr ₹35.21 Cr
Changes in Inventories ₹402.58 Cr -₹136.53 Cr -₹43.21 Cr ₹71.1 Cr
Employee Benefit Expense ₹107.94 Cr ₹78.44 Cr ₹69.5 Cr ₹69.98 Cr
Finance Costs ₹48.35 Cr ₹43.54 Cr ₹42.61 Cr ₹43.13 Cr
Depreciation & Amortisation ₹18.08 Cr ₹11.48 Cr ₹12.43 Cr ₹13.75 Cr
Other Expenses ₹223.39 Cr ₹229.69 Cr ₹208.87 Cr ₹194.3 Cr
Total Expenses ₹1,798.18 Cr ₹1,257.47 Cr ₹1,105.23 Cr ₹999.92 Cr
Profit Before Exceptional Items & Tax ₹148.39 Cr ₹46.37 Cr ₹18.6 Cr ₹13.91 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹148.39 Cr ₹46.37 Cr ₹18.6 Cr ₹13.91 Cr
Total Tax Expense ₹45.34 Cr ₹3.04 Cr ₹1.55 Cr ₹14 Lakh
Net Profit ₹103.05 Cr ₹43.33 Cr ₹17.05 Cr ₹13.77 Cr
  attributable to Owners - - ₹0 -
  attributable to NCI - - ₹0 -
Other Comprehensive Income -₹1.16 Cr ₹18.37 Lakh -₹29.28 Lakh -₹1.27 Cr
Total Comprehensive Income ₹101.88 Cr ₹43.51 Cr ₹16.76 Cr ₹12.5 Cr
EBITDA (computed) ₹214.82 Cr ₹101.39 Cr ₹73.64 Cr ₹70.78 Cr
Basic EPS ₹9.16 ₹3.94 ₹1.52 ₹1.22
Diluted EPS ₹9.16 ₹3.94 ₹1.52 ₹1.22
Metrics FY 2023
Total Assets ₹916.38 Cr
Non-current Assets ₹281.87 Cr
Current Assets ₹634.51 Cr
Property, Plant & Equipment ₹223.56 Cr
Inventories ₹365.3 Cr
Trade Receivables ₹187.3 Cr
Cash & Equivalents ₹5.76 Cr
Equity (Net Worth) ₹220.83 Cr
Equity Share Capital ₹11.25 Cr
Borrowings (Non-current) ₹140.04 Cr
Borrowings (Current) ₹207.14 Cr
Total Debt (computed) ₹347.18 Cr
Current Liabilities ₹541.17 Cr
Total Liabilities ₹695.55 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2023 FY 2022
Operating Cash Flow ₹394.05 Cr ₹53.51 Cr
Investing Cash Flow -₹48.42 Cr -₹92.43 Cr
Financing Cash Flow -₹346.11 Cr ₹39.73 Cr
Capital Expenditure ₹59.24 Cr ₹92.06 Cr
Free Cash Flow (computed) ₹334.81 Cr -₹38.54 Cr
Dividends Paid ₹2.81 Cr ₹2.25 Cr
Net Change in Cash -₹48.21 Lakh ₹82.17 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q2 FY24 Q1 FY24 Q4 FY23 Q3 FY23 Q2 FY23 Q1 FY23 Q4 FY22 Q3 FY22 Q2 FY22 Q1 FY22 Q4 FY21 Q3 FY21
Revenue from Operations ₹265.79 Cr ₹217.67 Cr ₹647.24 Cr ₹630.24 Cr ₹289.9 Cr ₹372.78 Cr ₹408.48 Cr ₹340.06 Cr ₹295.5 Cr ₹257.57 Cr ₹384.04 Cr ₹262.23 Cr
Other Income ₹3.98 Cr ₹2.18 Cr ₹2.2 Cr ₹2.11 Cr ₹36.52 Lakh ₹1.76 Cr ₹95.14 Lakh ₹61.56 Lakh ₹27.74 Lakh ₹39.04 Lakh ₹3.77 Cr ₹14.24 Cr
Total Income ₹269.76 Cr ₹219.85 Cr ₹649.43 Cr ₹632.34 Cr ₹290.26 Cr ₹374.54 Cr ₹409.43 Cr ₹340.67 Cr ₹295.77 Cr ₹257.96 Cr ₹387.81 Cr ₹276.46 Cr
Cost of Materials Consumed ₹32.77 Cr ₹41.69 Cr ₹458.3 Cr ₹427.3 Cr ₹5.67 Cr ₹33.06 Cr ₹528.78 Cr ₹423.82 Cr ₹27.11 Cr ₹4.43 Cr ₹390.67 Cr ₹376.99 Cr
Purchases of Stock-in-Trade ₹30.74 Cr ₹6.4 Cr ₹44.23 Cr ₹16.97 Cr ₹5.1 Cr ₹7.23 Cr ₹19.61 Cr ₹16.66 Cr ₹5.62 Cr ₹4.81 Cr ₹15.22 Cr ₹15.53 Cr
Changes in Inventories ₹144.31 Cr ₹102.15 Cr -₹66.08 Cr ₹17.25 Cr ₹208.84 Cr ₹242.57 Cr -₹265.03 Cr -₹243.93 Cr ₹180.9 Cr ₹191.53 Cr -₹149.4 Cr -₹238.38 Cr
Employee Benefit Expense ₹22.12 Cr ₹17.18 Cr ₹42.14 Cr ₹33.53 Cr ₹16.28 Cr ₹16 Cr ₹28.5 Cr ₹21.21 Cr ₹15.56 Cr ₹13.17 Cr ₹22.27 Cr ₹20.96 Cr
Finance Costs ₹9.19 Cr ₹9.05 Cr ₹12.53 Cr ₹9.05 Cr ₹12.45 Cr ₹14.31 Cr ₹10.84 Cr ₹9.52 Cr ₹10.55 Cr ₹12.63 Cr ₹12.49 Cr ₹9.65 Cr
Depreciation & Amortisation ₹6.94 Cr ₹6.87 Cr ₹6.16 Cr ₹5.06 Cr ₹3.54 Cr ₹3.33 Cr ₹2.91 Cr ₹2.9 Cr ₹2.86 Cr ₹2.82 Cr ₹3.16 Cr ₹3.11 Cr
Other Expenses ₹56.08 Cr ₹44.13 Cr ₹63.59 Cr ₹59.72 Cr ₹50.6 Cr ₹49.48 Cr ₹68.02 Cr ₹57.87 Cr ₹59.42 Cr ₹44.39 Cr ₹81.36 Cr ₹54.37 Cr
Total Expenses ₹302.16 Cr ₹227.47 Cr ₹560.87 Cr ₹568.88 Cr ₹302.47 Cr ₹365.96 Cr ₹393.61 Cr ₹288.07 Cr ₹302.02 Cr ₹273.77 Cr ₹375.78 Cr ₹242.23 Cr
Profit Before Exceptional Items & Tax -₹32.4 Cr -₹7.62 Cr ₹88.56 Cr ₹63.47 Cr -₹12.21 Cr ₹8.58 Cr ₹15.82 Cr ₹52.61 Cr -₹6.25 Cr -₹15.82 Cr ₹12.03 Cr ₹34.23 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹32.4 Cr -₹7.62 Cr ₹88.56 Cr ₹63.47 Cr -₹12.21 Cr ₹8.58 Cr ₹15.82 Cr ₹52.61 Cr -₹6.25 Cr -₹15.82 Cr ₹12.03 Cr ₹34.23 Cr
Total Tax Expense ₹80.28 Lakh ₹1.51 Cr ₹23.3 Cr ₹17.94 Cr ₹1.27 Cr ₹2.84 Cr ₹97.56 Lakh ₹1.44 Cr -₹43.39 Lakh ₹1.06 Cr ₹1.69 Cr ₹1.36 Cr
Net Profit -₹33.2 Cr -₹9.14 Cr ₹65.26 Cr ₹45.53 Cr -₹13.48 Cr ₹5.74 Cr ₹14.84 Cr ₹51.17 Cr -₹5.81 Cr -₹16.87 Cr ₹10.34 Cr ₹32.87 Cr
  attributable to Owners - - - - - - - - - - ₹0 -
  attributable to NCI - - - - - - - - - - ₹0 -
Other Comprehensive Income ₹53.29 Lakh -₹52.69 Lakh ₹5.89 Lakh -₹2.03 Cr ₹25.66 Lakh ₹70.81 Lakh -₹7.86 Lakh ₹3.78 Lakh -₹3.49 Lakh ₹25.03 Lakh ₹57.68 Lakh -₹25.47 Lakh
Total Comprehensive Income -₹32.67 Cr -₹9.66 Cr ₹65.32 Cr ₹43.49 Cr -₹13.22 Cr ₹6.45 Cr ₹14.76 Cr ₹51.2 Cr -₹5.85 Cr -₹16.62 Cr ₹10.92 Cr ₹32.62 Cr
EBITDA (computed) -₹16.26 Cr ₹8.3 Cr ₹107.26 Cr ₹77.57 Cr ₹3.77 Cr ₹26.21 Cr ₹29.56 Cr ₹65.03 Cr ₹7.17 Cr -₹37.45 Lakh ₹27.69 Cr ₹46.99 Cr
Basic EPS ₹-2.95 ₹-0.81 ₹5.80 ₹4.05 ₹-1.20 ₹0.51 ₹1.41 ₹4.55 ₹-0.52 ₹-1.50 ₹0.92 ₹2.92
Diluted EPS ₹-2.95 ₹-0.81 ₹5.80 ₹4.05 ₹-1.20 ₹0.51 ₹1.41 ₹4.55 ₹-0.52 ₹-1.50 ₹0.92 ₹2.92
Latest 12 quarters shown of 15 on record.
Segment · FY 2023 (annual) Revenue Result (PBIT) Assets Liabilities
Co-generation ₹167.04 Cr ₹34.91 Cr - -
Industrial Alcohol ₹563.19 Cr ₹115.76 Cr - -
Potable Alcohol ₹175.82 Cr -₹7.15 Cr - -
Sugar ₹1,596.12 Cr ₹120.22 Cr - -
Unallocated ₹48.4 Cr ₹40.32 Lakh - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for The Ugar Sugar Works Ltd. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of The Ugar Sugar Works Ltd

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 44.54%, foreign institutional investors hold 0.19%, retail and other public shareholders hold 55.27% of The Ugar Sugar Works Ltd. The company had 72,687 shareholders on record.

Promoters: 44.54%FII (Foreign Institutional): 0.19%Retail & Others: 55.27%
Mar 2026
QUARTER
44.54% Promoters
0.19% FII (Foreign Institutional)
55.27% Retail & Others
Promoter holding - history
Now 44.54% · Mar 2026High 47.03% · Sep 2025Low 44.34% · Sep 2023
43%44.5%46%47.5%49%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 46.52%Mar 2016: 46.54%Jun 2016: 45.79%Sep 2016: 45.14%Dec 2016: 45.19%Mar 2017: 44.95%Jun 2017: 44.98%Sep 2017: 44.98%Dec 2017: 44.98%Mar 2018: 44.97%Jun 2018: 44.97%Sep 2018: 44.99%Dec 2018: 44.99%Mar 2019: 45.01%Jun 2019: 45.01%Sep 2019: 45.03%Dec 2019: 45.16%Mar 2020: 45.22%Jun 2020: 45.22%Sep 2020: 45.22%Dec 2020: 45.23%Mar 2021: 45.23%Jun 2021: 45.38%Sep 2021: 45.42%Dec 2021: 45.42%Mar 2022: 44.61%Jun 2022: 44.52%Sep 2022: 44.52%Dec 2022: 44.35%Mar 2023: 44.35%Jun 2023: 44.35%Sep 2023: 44.34%Dec 2023: 44.34%Mar 2024: 44.45%Jun 2024: 44.45%Sep 2024: 44.41%Dec 2024: 44.82%Mar 2025: 46.57%Jun 2025: 46.73%Sep 2025: 47.03%Dec 2025: 46.75%Mar 2026: 44.54%47.03%44.34%44.54%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters44.54%46.75%47.03%46.73%46.57%44.82%
Public55.46%53.25%52.97%53.27%53.43%55.18%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters44.54%46.57%44.45%44.35%44.61%45.23%45.22%45.01%44.97%44.95%46.54%
Public55.46%53.43%55.55%55.65%55.39%54.77%54.78%54.99%55.03%55.05%53.46%
Promoter change (YoY, %pts)-2.03+2.12+0.10-0.26-0.62+0.01+0.21+0.04+0.02-1.59-

Board & Governance of The Ugar Sugar Works Ltd

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of The Ugar Sugar Works Ltd has 14 directors - 7 independent and 3 executive. The board is chaired by Shishir S. Shirgaokar.

DirectorPositionOn board sinceListed boards
Shishir S. Shirgaokar Non-Executive - Non Independent Director · Chairperson 1994-08-05 2
P V Shirgaokar Non-Executive - Non Independent Director 1994-08-05 1
Niraj S Shirgaokar Executive Director · MD 2011-04-01 2
Chandan S Shirgaokar Executive Director · MD 2011-04-01 2
Hari Yashwant Athawale Non-Executive - Independent Director 2015-11-06 1
Sachin R Shirgaokar Non-Executive - Non Independent Director 2014-01-29 2
Sohan S Shirgaokar Executive Director 2017-09-25 2
Shilpa Naval Kumar Non-Executive - Non Independent Director 2015-02-10 1
Shripad S Gangavati Non-Executive - Independent Director 2019-08-14 1
Suneeta S Thakur Non-Executive - Independent Director 2019-08-14 1
Subhash Kutte Non-Executive - Independent Director 2024-07-29 4
Aashish Kamat Non-Executive - Independent Director 2024-07-29 2
Shreenath Deshpande Non-Executive - Independent Director 2024-07-29 1
Ravi Shiralkar Non-Executive - Independent Director 2024-07-29 1
Board Committees
CommitteeMembers
Audit Committee Hari Yashwant Athawale (Chairperson), Sachin R Shirgaokar, Subhash Kutte, Aashish Kamat
Nomination and remuneration committee Hari Yashwant Athawale (Chairperson), Sachin R Shirgaokar, Shripad S Gangavati
Stakeholders Relationship Committee Shripad S Gangavati (Chairperson), Shreenath Deshpande, Sachin R Shirgaokar
Risk Management Committee Shripad S Gangavati, Sachin R Shirgaokar, Niraj S Shirgaokar, Chandan S Shirgaokar, Sohan S Shirgaokar
Corporate Social Responsibility Committee Shreenath Deshpande (Chairperson), Hari Yashwant Athawale, Suneeta S Thakur

Group Structure of The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The corporate group structure reflects The Ugar Sugar Works Ltd's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Joint ventures
Key Subsidiaries
Company Name CIN Shares Held
Ugar Theatre Private Limited U33205PN1977PTC199900 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of The Ugar Sugar Works Ltd

Open charges
₹1,252.36 Cr
Satisfied charges
₹562.14 Cr
Breakdown by lending institutions
Others₹1,103.74 Cr
Central Bank of India₹126.12 Cr
Indian Bank₹20.00 Cr
President of India₹2.50 Cr
Latest charge details
DateLenderAmountStatus
15 Sep 2025 Others ₹40 Cr Open
03 Sep 2025 Others ₹15 Cr Open
08 Aug 2025 Others ₹42 Cr Open
02 Aug 2025 Indian Bank ₹20 Cr Open
28 Aug 2024 Others ₹53.8 Cr Open

Total charge records: 51 View all charges

Employees and EPFO Compliance at The Ugar Sugar Works Ltd

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of The Ugar Sugar Works Ltd

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
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GST Compliance of The Ugar Sugar Works Ltd

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of The Ugar Sugar Works Ltd

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for The Ugar Sugar Works Ltd

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of The Ugar Sugar Works Ltd

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
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Group company & common directorship litigation
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Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by The Ugar Sugar Works Ltd

MSME Payment Delays by The Ugar Sugar Works Ltd

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of The Ugar Sugar Works Ltd

Subsidiaries & Group Companies of The Ugar Sugar Works Ltd

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of The Ugar Sugar Works Ltd

MCA Filings & Documents of The Ugar Sugar Works Ltd

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on The Ugar Sugar Works Ltd

Charges
17 Jan 2026
A charge with Others of Rs. 14.50 Cr registered on 31 Mar 2018 with Charge ID 100172187 was modified on 17 Jan 2026.
Charges
15 Sep 2025
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101158566 was registered on 15 Sep 2025.
Charges
03 Sep 2025
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101147686 was registered on 03 Sep 2025.
Charges
30 Aug 2025
A charge registered on 02 Jul 2021 via Charge ID 100455457 with Others was fully satisfied on 30 Aug 2025.
Charges
08 Aug 2025
A charge with Others amounted to Rs. 42.00 Cr with Charge ID 101138943 was registered on 08 Aug 2025.
Activity
05 Aug 2025
The Ugar Sugar Works Ltd last Annual general meeting of members was held on 05 Aug 2025 as per latest MCA records.

Recent News on The Ugar Sugar Works Ltd

Frequently Asked Questions about The Ugar Sugar Works Ltd

The Ugar Sugar Works Ltd is an active public limited company in the agriculture sector based in Sangli, Maharashtra, India. It was incorporated on 11 September 1939 (87+ years old) and is registered under CIN L15421PN1939PLC006738. Listed on BSE: 530363 and NSE: UGARSUGAR.

The Ugar Sugar Works Ltd reported revenue of ₹1,420.81 Cr for FY 2025 (up 8.00% YoY).

The current directors of The Ugar Sugar Works Ltd are:

The primary industry of The Ugar Sugar Works Ltd is agriculture. The company specifically operates in sugar processing. The company is currently active in this sector.

Yes. The Ugar Sugar Works Ltd is listed on both BSE (code: 530363) and NSE (symbol: UGARSUGAR).

The Ugar Sugar Works Ltd can be reached at the registered office: Mahaveer Nagar, Sangli, Maharashtra, India – 416416, or through the website web.ugarsugar.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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