List of the Top Sugar Stocks in India 2025
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. This article provides an overview of the best sugar stocks in 2025, highlighting key companies, sector benefits, risks, and factors investors should consider.
Top Sugar Stocks in India
Friday, 22 August, 2025
| 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 | 455.40 | 830.50 | 354.40 | 911.64 | 10.37 | 38.79 | 0.83 | 2.20 | 8.26 | -36.27 | -9.60 | 131.28 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -2.76 |
| BACH | Balrampur Chini Mills Ltd | BALRAMCHIN | /stocks/balrampur-chini-mills-BACH | Sugar | 584.50 | 691.80 | 419.05 | 11,803.62 | 27.02 | 38.79 | 3.11 | 0.51 | 12.14 | 4.37 | 70.91 | 269.12 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 0.06 |
| BANN | Bannari Amman Sugars Ltd | BANARISUG | /stocks/bannari-amman-sugars-BANN | Sugar | 3,763.00 | 4,444.00 | 3,000.30 | 4,718.69 | 45.08 | 38.79 | 2.65 | 0.33 | 6.04 | 19.51 | 38.05 | 186.57 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -0.21 |
| BJHN | Bajaj Hindusthan Sugar Ltd | BAJAJHIND | /stocks/bajaj-hindusthan-sugar-BJHN | Sugar | 21.40 | 44.84 | 16.50 | 2,729.74 | -115.81 | 38.79 | 0.64 | 0.00 | -0.54 | -48.85 | 120.62 | 242.40 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -1.21 |
| DAMS | Dhampur Sugar Mills Ltd | DHAMPURSUG | /stocks/dhampur-sugar-mills-DAMS | Sugar | 132.89 | 234.00 | 110.00 | 854.57 | 16.37 | 38.79 | 0.74 | 0.00 | 4.63 | -35.79 | -40.33 | -9.87 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -1.95 |
| DLMI | Dalmia Bharat Sugar and Industries Ltd | DALMIASUG | /stocks/dalmia-bharat-sugar-and-industries-DLMI | Sugar | 379.55 | 585.00 | 291.00 | 3,072.05 | 7.94 | 38.79 | 0.95 | 1.58 | 12.54 | -11.92 | 14.68 | 157.15 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | 0.50 |
| EIDP | E I D-Parry (India) Ltd | EIDPARRY | /stocks/eid-parry-india-EIDP | Sugar | 1,170.40 | 1,246.80 | 639.00 | 20,809.25 | 23.69 | 38.79 | 1.61 | 0.00 | 7.28 | 43.43 | 124.47 | 309.16 | Smallcap | Materials | Food Products | Fertilizers & Agricultural Chemicals | 0.65 |
| SRES | Shree Renuka Sugars Ltd | RENUKA | /stocks/shree-renuka-sugars-SRES | Sugar | 29.43 | 56.50 | 24.71 | 6,264.15 | -20.89 | 38.79 | -4.36 | 0.00 | 0.00 | -38.64 | -34.16 | 187.12 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -1.39 |
| TREI | Triveni Engineering and Industries Ltd | TRIVENI | /stocks/triveni-engineering-and-industries-TREI | Sugar | 341.55 | 536.00 | 313.10 | 7,476.46 | 30.10 | 38.79 | 2.41 | 0.73 | 8.28 | -24.40 | 52.65 | 336.49 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -0.44 |
| UTSM | Uttam Sugar Mills Ltd | UTTAMSUGAR | /stocks/uttam-sugar-mills-UTSM | Sugar | 267.25 | 396.00 | 171.51 | 1,019.24 | 11.54 | 38.79 | 1.46 | 0.94 | 20.78 | -22.54 | 4.21 | 191.92 | Smallcap | Food, Beverage & Tobacco | Food Products | Packaged Foods & Meats | -1.55 |
Disclaimer: Please note that the above list of best sugar stocks in 2025 is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of sugar stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
What 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. Tracking top sugar companies in India can provide insights into industry trends, revenue sources like ethanol production, and opportunities in this sector.
About the Top Sugar Companies in India
- E I D-Parry (India) Ltd: E I D-Parry produces sugar, ethanol, and co-generated power. It serves domestic and international markets and focuses on sustainable sugar production.
- Balrampur Chini Mills Ltd: Balrampur Chini Mills operates sugar mills and produces sugar, ethanol, and electricity from bagasse, and sells by-products like molasses.
- Triveni Engineering and Industries Ltd: Triveni Engineering and Industries manufactures sugar and provides engineering products for water management and high-speed gears, combining industrial operations with sugar production.
- Shree Renuka Sugars Ltd: Shree Renuka Sugars produces sugar, ethanol, and renewable energy. It exports sugar globally and maintains operational efficiency across its units.
- Bannari Amman Sugars Ltd: Bannari Amman Sugars produces sugar, ethanol, and power in Tamil Nadu. It emphasises efficiency and sustainability in its production processes.
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 top sugar stocks in India for beginners or seasoned investors:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the best sugar stocks 2025 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, and investors can choose the parameters to research the top sugar stock investments.
- Place a ‘Buy’ Order on the sugar stocks in India of your choosing.
Benefits of Investing in Sugar Stocks
- Government Support: Policies supporting ethanol production and sugar exports benefit the top 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 performance of sugar companies.
- 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: Government regulations on ethanol blending, sugar exports, and subsidies influence the profitability of sugar sector industry stocks in India.
- 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 2025.
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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. Are there any export opportunities for Indian sugar mills?
Yes, India has allocated export quotas for sugar, enabling mills to export their surplus. This helps support domestic prices and offers growth opportunities for sugar companies.
2. What is the role of government policies in the sugar sector?
Government policies that support ethanol production and sugar exports are crucial for the growth of the sugar sector. They help stabilise prices and create new revenue sources for sugar mills.
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. Investors should comprehend both the growth potential and challenges confronted by sugar companies.
5. Is it a good time to invest in sugar stocks?
The timing of investing in sugar stocks 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.
6. What are the sugar stocks with strong market capitalisation?
As of 20th August 2025, some of the sugar industry stocks sorted on market capitalisation are:
- E I D-Parry (India) Ltd
- Balrampur Chini Mills Ltd
- Triveni Engineering and Industries Ltd
- Shree Renuka Sugars Ltd
- Bannari Amman Sugars Ltd
7. What are sugar stocks with high dividend yield?
As of 20 August, some of the sugar stocks with more than 2% dividend yield are:
- Mawana Sugars Ltd
- Magadh Sugar & Energy Ltd
- Avadh Sugar & Energy Ltd
Disclaimer: This is not a stock recommendation. The information is for informative purposes only.
8. How to find sugar stocks with high CAGR and high ROE?
You can find the sugar stocks with high ROE and CAGR using Tickertape. Here is how
- Open the Tickertape Stock Screener.
- Select “Sugar” under the sector filter.
- Apply filters for “Return on Equity” and “5Y CAGR.”
- Sort the results from highest to lowest.
Disclaimer: This is not a stock recommendation. The information is for informative purposes only.
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