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Sugar Stocks: Top Sugar Shares in India (2026)

India remains one of the world’s largest sugar producers, with sugarcane output reaching about 500 MMT in 2025-26. Sugar production is estimated at around 306 lakh tonnes, below the earlier 343 lakh tonne estimate due to crop disease and excess rainfall. India also exported about 8 lakh tonnes during the season. Investors tracking sugar share price today can also assess how ethanol diversion, cane costs and government stock measures influence listed sugar companies.

List of the Top Sugar Stocks in India (2026)

Sugar Stock Screener

Sugar Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 35 results

last updated at 9:45 PM IST 
NameStocks (35)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Balrampur Chini Mills LtdBALRAMCHINSugarSugar12,696.3912,696.39599.90599.9033.5533.551.761.76-9.81-9.8114.3014.3029.9229.923.073.079.549.5411.8011.800.560.560.770.772.752.75
2.E I D-Parry (India) LtdEIDPARRYSugarSugar11,045.7111,045.71620.70620.7012.7112.713.373.37-8.45-8.45-27.28-27.28-41.46-41.460.740.744.094.0915.9815.98--0.240.241.881.88
3.Piccadily Agro Industries LtdPICCADILSugarSugar5,503.785,503.78552.60552.6040.0340.03-1.03-1.03-4.90-4.90-11.08-11.08-21.87-21.876.116.1117.4017.4020.0820.080.180.180.590.592.622.62
4.Triveni Engineering and Industries LtdTRIVENISugarSugar5,179.415,179.41235.04235.0426.2026.204.334.33-1.20-1.20-43.64-43.64-34.01-34.011.551.558.268.2611.9111.911.161.160.650.653.803.80
5.Bajaj Hindusthan Sugar LtdBAJAJHINDSugarSugar4,221.164,221.1617.6717.6730.0130.012.492.49-10.03-10.03-13.00-13.00-21.29-21.291.111.116.356.351.931.93--0.930.932.822.82
6.Bannari Amman Sugars LtdBANARISUGSugarSugar3,962.043,962.043,159.603,159.6026.7926.791.911.91-5.05-5.05-12.27-12.27-12.23-12.232.072.078.018.018.788.780.400.400.000.001.591.59
7.Shree Renuka Sugars LtdRENUKASugarSugar3,769.563,769.5617.7117.71-4.76-4.762.072.07-19.79-19.79-39.22-39.22-40.43-40.43-1.41-1.41---16.97-16.97----2.382.38
8.Dalmia Bharat Sugar and Industries LtdDALMIASUGSugarSugar3,300.303,300.30407.75407.7513.9413.943.103.100.930.932.332.3323.6023.601.021.027.527.529.599.591.471.470.560.563.133.13
9.Avadh Sugar & Energy LtdAVADHSUGARSugarSugar1,612.381,612.38805.45805.4527.4827.480.220.222.612.6164.3964.3988.0888.081.431.435.155.1510.3510.351.241.241.251.253.213.21
10.Uttam Sugar Mills LtdUTTAMSUGARSugarSugar1,323.961,323.96347.15347.1513.0713.076.086.0823.9423.9431.6231.6241.5241.521.491.4911.7111.7117.5817.580.720.720.810.813.593.59
11.Dhampur Sugar Mills LtdDHAMPURSUGSugarSugar1,048.971,048.97163.12163.1216.1116.112.212.21-7.23-7.234.504.5019.8919.890.880.885.545.549.169.161.231.230.750.752.742.74
12.Dhampur Bio Organics LtdDBOLSugarSugar805.53805.53122.77122.7725.6025.604.574.571.461.46-4.15-4.1553.3953.390.780.782.472.477.937.931.241.241.031.033.173.17
13.Dwarikesh Sugar Industries LtdDWARKESHSugarSugar772.89772.8941.7141.7125.0625.061.731.73-3.45-3.45-11.95-11.95-2.18-2.180.930.933.773.775.895.890.240.240.410.413.193.19
14.Magadh Sugar & Energy LtdMAGADSUGARSugarSugar729.17729.17517.45517.4511.3711.372.472.47-2.92-2.92-1.71-1.71-5.11-5.110.830.837.417.4110.6610.662.422.420.790.792.652.65
15.Mawana Sugars LtdMAWANASUGSugarSugar585.34585.34149.64149.6414.2414.240.890.894.914.9133.0833.0871.7071.701.121.127.307.3013.3713.372.672.670.800.803.203.20
16.Ugar Sugar Works LtdUGARSUGARSugarSugar460.58460.5840.9440.9433.8433.84-0.44-0.44-28.16-28.16-5.23-5.23-4.21-4.211.971.976.056.0525.2225.220.240.242.862.863.123.12
17.Davangere Sugar Company LtdDAVANGERESugarSugar330.70330.701.951.9538.8638.860.000.00-14.47-14.47-46.28-46.28-47.86-47.860.660.661.991.996.376.37--0.500.503.693.69
18.K M Sugar Mills LtdKMSUGARSugarSugar293.02293.0231.8531.855.495.494.264.2619.7419.74-0.96-0.9614.5714.570.750.7514.6314.6320.5520.55--0.640.642.992.99
19.KCP Sugar and Industries Corp LtdKCPSUGINDSugarSugar284.48284.4825.0925.0925.5625.562.412.41-7.07-7.07-4.09-4.09-18.96-18.960.620.622.442.444.414.41--0.280.283.033.03
20.Ponni Sugars (Erode) LtdPONNIERODESugarSugar282.16282.16328.15328.1513.5313.532.552.55-14.33-14.337.597.597.577.570.500.508.738.7314.7714.771.521.520.000.002.482.48

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Sugar | Market Cap: Sorted from Highest to Lowest

How to Invest in Sugar Stocks?

Investing in sugar stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in sugar stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. 

  3. Search for Sugar Stocks: Go to Tickertape Stock Screener and search for ethanol-related stocks.
  4. 

  5. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top sugar-related stocks.
  6. 

  7. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in-depth.
  8. 

  9. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  10. 

  11. Invest Through Your Broker: Once you’ve identified sugar stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.
  12. 


You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Best Sugar Stocks

E I D-Parry (India) Ltd

Founded in 1788, E I D-Parry (India) Ltd is one of the oldest sugar-producing companies in India and a leading player in the sugar industry. It operates under the Murugappa Group and is involved in the production of sugar, biopesticides, and nutraceuticals. The company is also engaged in the manufacture of alcohol and has investments in renewable energy. As one of the major sugar investment stocks, its market presence remains significant.

Balrampur Chini Mills Ltd

Established in 1975, Balrampur Chini Mills Ltd is one of the largest integrated sugar industry stocks in India. The company is engaged in the production of sugar, ethanol, and power generation, playing a key role in the sugar stock market. It operates 10 sugar mills across Uttar Pradesh and has been a consistent performer in the sugar sector. Furthermore, the company also has a sugar stocks dividend yield of 0.56.

Triveni Engineering and Industries Ltd

Triveni Engineering and Industries Ltd, founded in 1932, is a diversified industrial conglomerate primarily involved in the sugar sector stocks and engineering sectors. The company operates multiple sugar mills and is also engaged in the manufacturing of gears and water treatment equipment. The company has strong linkages with ethanol production, making it relevant for investors tracking the FMCG sugar stocks and ethanol link.

Shree Renuka Sugars Ltd

Incorporated in 1998, Shree Renuka Sugars Ltd is one of the integrated sugar refinery stocks with a strong presence in ethanol and power generation. It is one of the largest sugar refiners in the world and has operations spread across India and Brazil. Its prominence in ethanol blending programs makes it a crucial player when tracking sugar stock trends.

Piccadily Agro Industries Ltd

Piccadily Agro Industries Ltd, established in 1994, is engaged in the production of sugar, alcohol, and power. The company has diversified into distilleries and holds a significant presence in the agro-based industry in India.

What are Sugar Stocks?

Sugar stocks are shares of companies primarily engaged in sugar production and related activities within India's sugar industry. These companies typically operate sugar mills that crush sugarcane to produce white sugar, raw sugar, and various by-products. The sector has evolved beyond traditional sugar manufacturing to include integrated operations in ethanol production, cogeneration of power, and distillery operations.

Overview of the Sugar industry in India

India remains one of the world’s largest sugar producers and consumers, with the sector supporting nearly 5 cr farmers and about 5 lakh workers. Sugarcane production reached around 500 MMT in 2025-26, while sugar output is estimated at about 306 lakh tonnes. Domestic consumption generally remains around 280–290 lakh tonnes annually, while exports reached about 8 lakh tonnes in 2025-26. The industry is increasingly linked with ethanol production, power generation and other by-products, making integrated sugar companies less dependent on sugar alone.

Advantages of Investing in Sugar Stocks

Integrated Revenue

Balrampur Chini combines sugar with ethanol and power generation. Its distillation capacity has expanded to about 1,050 KLPD, giving earnings exposure beyond sugar prices and helping diversify operating revenue across related businesses.

Ethanol Linkage

Sugar companies participate in India’s ethanol programme alongside conventional sugar sales. India reached 20% ethanol blending in 2025-26, creating an additional demand channel for mills with established distillery operations.

Export Access

India exported around 8 lakh tonnes of sugar in 2025-26. Companies such as Shree Renuka Sugars, which operate refining and trading businesses, can therefore be influenced by both domestic and international sugar markets.

Cane Monetisation

Balrampur Chini’s multi-feed distilleries can process sugarcane-based feedstock during the crushing season and grains during off-season periods, allowing installed distillation assets to operate beyond the traditional sugar production cycle.

Risks of Investing in Sugar Stocks in India

Cane Costs

The government raised sugarcane FRP to ₹365 per quintal for 2026-27 from ₹355 in 2025-26. Higher cane costs can squeeze margins if sugar or ethanol realisations do not rise in tandem.

Weather Exposure

Sugar production for 2025-26 was estimated at around 306 lakh tonnes, below earlier expectations, with weather damage cited as a reason. Lower cane availability can reduce crushing volumes and sugar mills' operating utilisation.

Price Controls

Sugar remains regulated through production, monthly releases, trade controls and minimum selling-price mechanisms. These policies can affect how companies such as Balrampur Chini monetise output even when underlying demand or global prices strengthen.

Segment Losses

EID Parry’s sugar segment reported a ₹89 cr loss for the nine months ended December 2025, showing how weak realisations, cane economics, and operating costs can hurt profitability despite diversified operations.

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Factors to Consider Before Investing in Sugar Stocks

Sugar Prices

Retail sugar prices rose from ₹48.18 to ₹55.70 per kg between 20th July and 20th August 2026. Such movements can influence mill realisations, although government intervention may limit full transmission to producers.

Recovery Rates

The 2026-27 FRP of ₹365 per quintal is based on 10.25% sugar recovery, with adjustments for higher or lower recovery. Recovery efficiency therefore directly affects cane economics and mill profitability.

Ethanol Mix

Only around 9% of sugar was diverted to ethanol in 2025-26, down from roughly 12% in 2022-23. Changes in permitted diversion can alter revenue mix across integrated producers.

Global Supply

The global sugar deficit for 2026-27 was estimated near 33 lakh tonnes, while international prices rose over 16% between late June and 20 August 2026, affecting export economics and domestic price expectations.

Conclusion

India’s sugar industry supports nearly 5 cr farmers and around 5 lakh workers. Sugarcane production reached about 500 MMT in 2025-26, while sugar output is estimated at 306 lakh tonnes. India also exported 8 lakh tonnes of sugar during the season, while ethanol diversion, domestic demand and government policy continue to influence industry economics. Investors reviewing a sugar company share list can use the Tickertape Stock Screener to compare revenue growth, debt, return ratios and other financial metrics.

Frequently Asked Questions on Sugar Stocks

  1. Which is the biggest sugar company in India?

    Based on market capitalisation, Balrampur Chini Mills Ltd is the largest sugar stock in India, with a market capitalisation of ₹15,259.35 cr as of 21st October 2026.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing in anything.

  2. What are the best sugar stocks?

    Based on a 5-year CAGR, the top 5 sugar stocks in India in India are:
    1. Khaitan (India) Ltd
    2. SBEC Sugar Ltd
    3. Gayatri Sugars Ltd
    4. Shree Hanuman Sugar & Industries Ltd
    5. Avadh Sugar & Energy Ltd

    Disclaimer: Please note that this sugar stocks list is not a recommendation. Please do your own research or consult your financial advisor before investing in anything.

  3. What are some key disadvantages of the sugar sector?

    Key risks for sugar stocks include weather dependence, oversupply, regulated cane prices and volatility in domestic and global sugar prices. These factors can affect mill realisations, margins and company earnings across different sugar cycles.

  4. How does the ethanol blending policy impact sugar stocks?

    The ethanol blending programme can affect sugar stocks or ethanol exposure by creating another revenue stream for integrated sugar companies. However, profitability also depends on feedstock costs, ethanol procurement prices, blending targets and permitted sugar diversion.

  5. Who is the largest producer of sugarcane in India?

    Uttar Pradesh remains one of India’s largest sugarcane-producing states and contributes a significant share of national output. This makes regional crop conditions relevant to the broader sugar share market and companies with mills concentrated there.

  6. Is it good to invest in sugar?

    The suitability of sugar stocks today depends on factors such as sugar prices, cane costs, ethanol economics, weather conditions and regulation. The sector is cyclical and can experience significant swings in earnings and valuations.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing in anything.

  7. How to invest in sugar stocks?

    Here’s how you can invest in sugar stocks list with share price -
    1. Go to the Tickertape Stock Screener
    2. Click on 'Ethanol Stocks'.
    3. Analyse and sort the Sugar Stocks using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
    4. Review the filtered sugar share list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Sugar Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.