UTTAMSUGARFast Moving Consumer Goods

Uttam Sugar Mills Limited

Sugar · ISIN INE786F01031 · BSE 532729 · NSE EQ · FV ₹10
Last price
₹367
+6.14%today
What this company does

Uttam Sugar Mills Limited operates in Sugar, part of the Fast Moving Consumer Goods sector. It booked ₹494 cr of revenue in its latest quarter (Q2 FY27) and kept 0.9% of sales as profit. It is the 9th largest of 9 Sugar companies we track, by market value.

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of companies in Fast Moving Consumer Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 123–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns20

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Valuation35

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Profit up 357% vs last year
✓ Promoters hold 75%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 0.9% net margin
! Sales down 15% vs last year
! Low 2.1% return on equity

What if I invest in UTTAMSUGAR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹367▲ +6.14%
latest close · 2026-11-04
1-year return
+92.0%
52-wk low ₹15452-wk high ₹401
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio77.7High
LowAverageHigh
P/B ratio1.60Moderate
Below bookModerateHigh
EV / EBITDA14.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.1%Weak
WeakFairStrong ▸15%
Return on capital4.4%Weak
WeakFairStrong
Net margin0.9%Thin
ThinDecentStrong
EBITDA margin4.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover2.1×Okay
RiskyOkayStrong ▸5×
Current ratio2.10Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,398 cr
Book value
₹229
EPS
₹1.18
latest quarter
Net debt
₹34 cr
owes more than its cash
Enterprise value
₹1,433 cr
EBITDA
₹97 cr
annualised
EBIT
₹47 cr
annualised
Operating margin
2.4%
Return on assets
1.5%
Earnings yield
1.29%
P/S
0.71
Sales / share
₹518.1
Tax rate
27.2%
Face value
₹10
Shares
3.8 cr
Working capital
₹133 cr
Current assets
₹254 cr
Current liabilities
₹120 cr
Delivery %
28.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The models value it far above the market price — almost always a data quirk or a value trap, so we won't call it a bargain.
Models span ₹345–₹420, midpoint ₹383

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹494 cr
Other Income₹2 cr
Total Income₹496 cr
Cost of Materials₹55 cr
Purchases of Stock-in-Trade₹18 L
Inventory Change (±)₹349 cr
Employee Benefit Expense₹31 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹13 cr
Other Expenses₹36 cr
Total Expenses₹489 cr
Profit before Tax₹6 cr
Tax Expense₹2 cr
Net Profit₹5 cr
Net margin on total income0.9%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹404 cr81.5%
Employee benefit expense₹31 cr6.3%
Finance costs₹5 cr1.1%
Depreciation & amortisation₹13 cr2.5%
Other expenses₹36 cr7.4%
Tax expense₹2 cr0.3%
Profit for the period₹5 cr0.9%
Total income ₹496 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue470 cr606 cr494 cr
Total income472 cr608 cr496 cr
Expenses397 cr606 cr489 cr
Profit before tax74 cr2 cr6 cr
Tax19 cr37 L2 cr
Net profit (owners' share)55 cr1 cr4 cr
Net margin (owners' share, on revenue)11.6%0.2%0.9%
EPS (₹)14.360.321.18
YoY (latest quarter): total income -15.3% · net profit +357.1%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹1,178 cr
Shareholder equity
₹874 cr
parent shareholders
Total debt
₹72 cr
Cash
₹37 cr
Cash flow · H1 FY27
Operating
₹757 cr
Investing
₹-49 cr
Financing
₹-680 cr
Peer comparison
Sugar · by market value
CompanyPriceMarket capP/E
Bajaj Hindusthan Sugar Limited₹18₹14,511 cr—
Balrampur Chini Mills Limited₹655₹13,834 cr75.8
Triveni Engineering & Industries Limited₹242₹5,338 cr14.2
Bannari Amman Sugars Limited₹3,436₹4,308 cr—
Shree Renuka Sugars Limited₹18₹3,796 cr—
Dalmia Bharat Sugar and Industries Limited₹415₹3,359 cr122.0
Dhampur Bio Organics Limited₹125₹2,198 cr—
Avadh Sugar & Energy Limited₹830₹1,662 cr1,729.4
Uttam Sugar Mills Limitedthis company₹345₹1,317 cr73.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.68%
trailing 12 months
Dividend / share (TTM)
₹2.5
Last dividend
₹2.5
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹2.5 / share11 Sep 2026
Dividend₹2.5 / share12 Sep 2025
Dividend₹2.5 / share11 Sep 2024
Dividend₹2.5 / share15 Sep 2023
Dividend₹2 / share15 Sep 2022
Rights issue25:125 Sep 2012
Who owns it · 2026-09-30
No pledge
Promoter
74.7%
FII / Foreign
0.3%
DII / Domestic
0.2%
Retail / others
24.8%
Promoter stake up 1.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRAJNI BABBAR · Promoter Group1.22 L · ₹2.5 cr10 Mar 26
BoughtRAJ KUMAR ADLAKHA · Promoters90,00023 Sep 24
SoldRANJANA CHOPRA · Promoter Group90,00023 Sep 24
Bulk / block deals
BoughtMUGI CONSTRUCTIONS PRIVATE LIMITED · NSE1.95 L @ ₹356.6713 Oct 26
SoldALPHAGREP SECURITIES PRIVATE LIMITED · NSE2.06 L @ ₹360.2113 Oct 26
BoughtALPHAGREP SECURITIES PRIVATE LIMITED · NSE2.06 L @ ₹360.2513 Oct 26
Stake changes
SoldRanjana Chopra · promoter→ 0.98% · 90,00023 Sep 24
BoughtRaj kumar Adlakha · promoter→ 5.60% · 90,00023 Sep 24
BoughtRanjana Chopra · promoter→ 1.22% · 2.62 L27 May 24
Promoter pledges
ReleasedIDBI Bank27.50 L · 7.21% held12 Aug 22
ReleasedIDBI Bank3.00 L · 0.79% held12 Aug 22
ReleasedIDBI Bank29.50 L · 7.74% held12 Aug 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Sep 2026
See the official result
1
Adoption of Audited Standalone Financial Statements for the year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
2.05 L votes for, 353 against · 0% of mutual funds and other big investors said no
2
Adoption of Audited Consolidated Financial Statements for the year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
2.05 L votes for, 353 against · 0% of mutual funds and other big investors said no
3
Declaration of Final Dividend on Equity Shares for the Financial Year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
2.05 L votes for, 353 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr. Shankar Lal Sharma (DIN: 09018381) as a Director liable to Retire by Rotation
Backed by 100% of shareholders other than promotersneeded 50%
2.05 L votes for, 369 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 20 named members
owning 74.7% between them · as of 2026-09-30
Uttam Adlakha & Sons Holdings Private Limited42.74%
Lipi Boilers Private Limited9.22%
Uttam Industrial Engineering Private Limited7.21%
Raj Kumar Adlakha5.60%
Ranjan Adlakha3.91%
Shomna Adlakha2.28%
New Castle Finance And Leasing Private Limited1.00%
Ranjana Chopra0.98%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.