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List of Sugar Stocks in India 2026
India is the second-largest sugar producer in the world, producing over 34 mn. metric tons in FY2024–25. About 3.5 mn. metric tons of sugar were diverted to ethanol, supporting the government’s renewable energy push. With steady domestic demand and supportive policies, sugar stocks in India show strong growth signs in FY2025-26.
Top Sugar Stocks in India
Thursday, 5 November, 2026
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVAD | Avadh Sugar & Energy Ltd | AVADHSUGAR | /stocks/avadh-sugar-and-energy-AVAD | Sugar | 905.30 | 1,023.15 | 306.05 | 1,791.25 | 30.53 | 35.95 | 1.59 | 1.12 | 5.15 | 113.61 | 19.43 | 107.54 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 1.01 |
| BACH | Balrampur Chini Mills Ltd | BALRAMCHIN | /stocks/balrampur-chini-mills-BACH | Sugar | 673.00 | 780.95 | 393.55 | 14,257.25 | 37.67 | 35.95 | 3.45 | 0.50 | 9.54 | 49.59 | 56.49 | 99.76 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 2.16 |
| BANN | Bannari Amman Sugars Ltd | BANARISUG | /stocks/bannari-amman-sugars-BANN | Sugar | 3,450.00 | 4,338.00 | 3,100.00 | 4,337.61 | 29.32 | 35.95 | 2.27 | 0.36 | 8.01 | -4.12 | 33.40 | 55.65 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 0.34 |
| BJHN | Bajaj Hindusthan Sugar Ltd | BAJAJHIND | /stocks/bajaj-hindusthan-sugar-BJHN | Sugar | 18.85 | 26.00 | 14.85 | 4,498.27 | 31.98 | 35.95 | 1.18 | 0.00 | 6.35 | -14.08 | -44.56 | 36.59 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 1.43 |
| DAMS | Dhampur Sugar Mills Ltd | DHAMPURSUG | /stocks/dhampur-sugar-mills-DAMS | Sugar | 170.95 | 219.70 | 110.00 | 1,096.75 | 16.85 | 35.95 | 0.92 | 1.17 | 5.54 | 26.18 | -35.92 | -36.64 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 1.47 |
| DLMI | Dalmia Bharat Sugar and Industries Ltd | DALMIASUG | /stocks/dalmia-bharat-sugar-and-industries-DLMI | Sugar | 478.00 | 520.00 | 261.40 | 3,913.82 | 16.53 | 35.95 | 1.21 | 1.24 | 7.52 | 42.94 | 3.23 | 19.12 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 0.28 |
| EIDP | E I D-Parry (India) Ltd | EIDPARRY | /stocks/eid-parry-india-EIDP | Sugar | 653.10 | 1,081.00 | 594.35 | 11,546.66 | 13.29 | 35.95 | 0.77 | 0.00 | 4.09 | -38.05 | 35.40 | 34.99 | Smallcap | Materials | Food Products | Fertilizers & Agricultural Chemicals | 1.77 |
| SRES | Shree Renuka Sugars Ltd | RENUKA | /stocks/shree-renuka-sugars-SRES | Sugar | 18.57 | 30.30 | 17.14 | 3,935.58 | -4.97 | 35.95 | -1.47 | 0.00 | 0.00 | -36.74 | -65.05 | -31.65 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 1.41 |
| TREI | Triveni Engineering and Industries Ltd | TRIVENI | /stocks/triveni-engineering-and-industries-TREI | Sugar | 244.65 | 490.10 | 220.05 | 5,412.34 | 27.38 | 35.95 | 1.62 | 1.11 | 8.26 | -31.07 | -32.49 | 21.45 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -0.04 |
| UTSM | Uttam Sugar Mills Ltd | UTTAMSUGAR | /stocks/uttam-sugar-mills-UTSM | Sugar | 365.15 | 401.00 | 181.10 | 1,398.33 | 13.81 | 35.95 | 1.57 | 0.68 | 11.71 | 49.80 | -20.13 | 106.62 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 0.30 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data in the above table is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
Selection Criteria – Sub-sector: Sugar | Market Cap: Sorted from Highest to Lowest
Explore screensWhat are Sugar Stocks?
Sugar stocks are shares of companies engaged in the production, processing, and distribution of sugar and sugar-based products. These include firms operating domestically as well as companies with global reach, offering exposure to the sugar sector in India.
About the Top Sugar Companies in India
- Balrampur Chini Mills Ltd: Balrampur Chini Mills Ltd manufactures sugar and ethanol and generates electricity. Its integrated operations connect sugar production with distillery and power generation activities, allowing the company to earn revenue from both sugar and the by-products of sugarcane processing.
- E I D-Parry (India) Ltd: E I D-Parry (India) Ltd manufactures sugar, ethanol and nutritional products. Part of the Murugappa Group, it supplies sugar to households and industries such as food, beverages and pharmaceuticals. Its nutrition business produces microalgae-based ingredients for dietary supplements and health foods.
- Piccadily Agro Industries Ltd: Piccadily Agro Industries Ltd operates sugar and distillery businesses. It produces white crystal sugar from sugarcane and alcoholic products using agricultural raw materials. Its distillery range includes malt spirits, whiskies, rectified spirit and extra neutral alcohol, which manufacturers use to make alcoholic beverages.
- Triveni Engineering and Industries Ltd: Triveni Engineering and Industries Ltd operates across sugar, ethanol and engineering. Alongside sugar manufacturing and distillery operations, its engineering interests cover power transmission equipment and water treatment. This gives the company exposure to both agricultural processing and industrial infrastructure.
- Bajaj Hindusthan Sugar Ltd: Bajaj Hindusthan Sugar Ltd manufactures sugar and ethanol, with sugar mills located across Uttar Pradesh. It also generates electricity as part of its operations. Its business combines sugarcane processing with distillery activities and power generation, serving food, fuel and energy requirements.
Latest Updates in the Sugar Sector in India
- Ethanol Diversion: Around 3.5 mn metric tons of sugar are being diverted for ethanol production in FY 2025, up from 2.15 mn metric tons last year. This initiative strengthens the sugar sector investment in India by supporting renewable energy goals.
- Export Trends: India has exported approximately 6.5 to 7 lakh tons of sugar so far in the 2025 season. Exports could reach 8 to 9 lakh tn by September if global prices improve.
- Carry-Forward Stocks: Industry estimates suggest that opening stocks for 2025–26 will be about 5.4 mn tonnes. This should ensure adequate domestic supply through October and November, even with ongoing exports.
How to Invest in Sugar Stocks?
Here is how one can invest in the sugar sector stocks in India:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the best sugar stocks in India that are of interest to you. Investors can use tools like the Tickertape Stock Screener to do this. The screener offers 200+ built-in filters to choose from, to help investors come up with a sugar stocks list based on various parameters.
- Place a ‘Buy’ Order on the sugar sector stocks in India
Benefits of Investing in Sugar Sector Stocks
- Government Support: Policies supporting ethanol production and sugar exports benefit the sugar companies in India, helping stabilise revenue and profitability.
- Ethanol Production: An increased focus on ethanol diversion helps sugar mills stabilise their revenue, especially when sugar prices face volatility.
- Export Opportunities: Export quotas of 1 mn. metric tons provide additional revenue avenues, which can increase the growth potential of the sugar sector investment in India.
- Rising Demand: Steady domestic sugar demand and increasing biofuel consumption create long-term growth opportunities for sugar industry stocks.
Risks Associated with Investing in Sugar Stocks in India
- Weather Risk: Weather directly affects sugarcane yields, making it one of the biggest risks for sugar stocks in India. Poor monsoons or droughts can reduce production and impact the sugar share price.
- Commodity Prices: Sugar is a commodity, and its prices can fluctuate depending on supply and demand. Therefore, investors need to keep a close eye on international market trends to understand how they might impact sugar stocks with export potential.
- Government Regulations and Support:The government sets sugarcane procurement prices, export/import rules, export subsidies, ethanol blending targets, and other regulations. Sudden changes in these policies can impact margins and business models.
- Volatility of Sugar Prices: Sugar prices can fluctuate due to supply-demand shifts, geopolitical events, or weather conditions. Even the top sugar companies in India are not immune to such volatility.
Factors to Consider When Investing in Sugar Stocks
- Production Outlook: Sugarcane yields and company production capacity directly affect revenue. Weather events, such as inadequate rainfall or droughts, can reduce output and influence the performance of sugar stocks in India.
- Global Market Trends: International sugar prices and supply-demand dynamics impact the Indian sugar industry. So it becomes crucial to keep track of the global market demand for sugar before making any investment decisions.
- Environmental and Sustainability Practices: Water usage, energy efficiency, and environmental policies shape long-term operational costs. Companies with better sustainability measures may maintain better efficiency and offer stable growth.
- Industry Performance: Domestic demand, export potential, and policy support determine sector health. Monitoring overall industry trends can help investors pick the best sugar stocks in India.
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To Wrap It Up…
The sugar sector benefits significantly from supportive government policies and growing demand for ethanol, offering growth opportunities. However, investors should be aware of the challenges posed by weather-dependent production. Adverse weather conditions can lead to fluctuations in sugarcane yields, which in turn impact production levels. Additionally, global market dynamics, including changing sugar prices and international trade policies, can have a significant impact on the sector.
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Frequently Asked Questions About Sugar Stocks
1. What are sugar stocks in India?
Sugar industry stocks in India are shares of companies that produce, refine, and distribute sugar. These companies are typically listed on Indian stock exchanges and include both sugar mills and companies involved in by-products like ethanol, biofuels, and power generation.
2. What are the best sugar sector stocks?
As of 22nd October 2026, some of the sugar industry stocks sorted by market capitalisation are:
- Balrampur Chini Mills Ltd
- E I D-Parry (India) Ltd
- Piccadily Agro Industries Ltd
- Triveni Engineering and Industries Ltd
- Bajaj Hindusthan Sugar Ltd
Disclaimer: The above list of sugar stocks is not a recommendation. The sugar stocks list is for informational purposes only.
3. Why sugar stocks are growing?
Sugar stocks are growing due to government support for ethanol production, with the target of 20% ethanol blending by 2025. Export quotas of 1 mn. metric tons help manage surplus stocks. Despite production declines, the outlook remains positive with a stable supply, driving growth in sugar stocks with government support.
4. Can sugar stocks be profitable for investors?
Statistical projections indicate that the sugar market is projected to achieve a 6.5% CAGR by 2030. However, sugar stocks can be influenced by several factors, including government policies, weather conditions, fluctuations in raw material prices, and regulatory changes.
Disclaimer: Investors must consult a financial advisor before making any investment decisions.
5. Is it a good idea to invest in sugar stocks?
Whether it is good to invest in sugar stocks or not depends on various factors, including government policies, global commodity prices, and production trends. Investors must consider their investment goals and risk appetite before investing in sugar stocks with ethanol production.
Disclaimer: Investors must consult a financial advisor before making any investment decisions.
6. What are sugar stocks with high dividend yield?
As of 22nd October 2026, some of the sugar stocks with more than a 2% dividend yield are:
- Mawana Sugars Ltd
- Magadh Sugar & Energy Ltd
Disclaimer: The above sugar sector stocks list is not a stock recommendation. The information is for informational purposes only.
7. How to get a sugar share list with price?
To check the sugar share price today, open Tickertape’s Stock Screener and select Sugar under the Sector filter. You can view sugar stocks with their latest available prices and compare their market capitalisation, returns and other financial metrics.
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