The table below shows the sugar stocks with high ROCE based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | ROCE % |
E I D-Parry (India) Ltd | 13607.6 | 780.2 | 20.3 |
Shree Renuka Sugars Ltd | 10687.1 | 51.0 | 19.0 |
Balrampur Chini Mills Ltd | 9024.2 | 461.3 | 20.8 |
Triveni Engineering and Industries Ltd | 8874.1 | 409.5 | 19.1 |
Piccadily Agro Industries Ltd | 7078.7 | 787.7 | 52.9 |
Bannari Amman Sugars Ltd | 3904.4 | 3107.4 | 14.3 |
Dalmia Bharat Sugar and Industries Ltd | 3217.3 | 403.3 | 11.6 |
Dhampur Sugar Mills Ltd | 1435.1 | 219.9 | 17.4 |
Dwarikesh Sugar Industries Ltd | 1371.2 | 74.5 | 15.9 |
Uttam Sugar Mills Ltd | 1246.7 | 328.1 | 32.3 |
Content:
- What Are The Sugar Stocks with High ROCE?
- Features Of Sugar Stocks with High ROCE
- Best Sugar Stocks with High ROCE
- Top Sugar Stocks with High ROCE in India
- Factors To Consider When Investing In Sugar Stocks with High ROCE
- How To Invest In Sugar Stocks with High ROCE?
- Advantages Of Investing In Sugar Stocks with High ROCE
- Risks Of Investing In Sugar Stocks with High ROCE
- Introduction to Sugar Stocks with High ROCE
- Top Sugar Stocks with High ROCE – FAQs
What Are The Sugar Stocks with High ROCE?
Sugar stocks with high ROCE refer to shares of companies in the sugar industry that exhibit strong financial performance. ROCE (Return on Capital Employed) indicates how efficiently a company uses its capital to generate profits. High ROCE in sugar stocks suggests robust operational efficiency, profitability, and a strong competitive position within the industry.
Features Of Sugar Stocks with High ROCE
The feature of sugar stocks with high ROCE is efficient capital utilization, indicating that these companies effectively turn their investments into profitable returns.
- Strong Profit Margins: These companies maintain high-profit margins, indicating cost-effective operations and strong pricing power.
- Efficient Asset Utilization: High ROCE companies use their assets efficiently, maximizing output with minimal investment.
- Low Debt Levels: They typically have low debt levels, reducing financial risk and interest expenses.
- Competitive Advantage: These companies possess competitive advantages such as brand strength or superior technology, leading to sustained profitability.
- Consistent Revenue Growth: High ROCE sugar stocks often exhibit consistent revenue growth, indicating stable demand and effective market strategies.
Best Sugar Stocks with High ROCE
The table below shows the best sugar stocks with high ROCE based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Shree Renuka Sugars Ltd | 51.0 | 24798719.0 |
Balrampur Chini Mills Ltd | 461.3 | 2054033.0 |
Dwarikesh Sugar Industries Ltd | 74.5 | 1994780.0 |
Dhampur Sugar Mills Ltd | 219.9 | 434662.0 |
Triveni Engineering and Industries Ltd | 409.5 | 343790.0 |
Piccadily Agro Industries Ltd | 787.7 | 271070.0 |
E I D-Parry (India) Ltd | 780.2 | 243512.0 |
Dalmia Bharat Sugar and Industries Ltd | 403.3 | 111476.0 |
Uttam Sugar Mills Ltd | 328.1 | 104892.0 |
Bannari Amman Sugars Ltd | 3107.4 | 2452.0 |
Top Sugar Stocks with High ROCE in India
The table below shows the top sugar stocks with high ROCE in India based on 1-Year Return.
Name | Close Price | 1Y Return % |
Piccadily Agro Industries Ltd | 787.7 | 1025.3 |
E I D-Parry (India) Ltd | 780.2 | 54.1 |
Triveni Engineering and Industries Ltd | 409.5 | 32.1 |
Bannari Amman Sugars Ltd | 3107.4 | 12.5 |
Balrampur Chini Mills Ltd | 461.3 | 10.7 |
Shree Renuka Sugars Ltd | 51.0 | 7.2 |
Dalmia Bharat Sugar and Industries Ltd | 403.3 | 4.1 |
Uttam Sugar Mills Ltd | 328.1 | -13.9 |
Dwarikesh Sugar Industries Ltd | 74.5 | -21.8 |
Dhampur Sugar Mills Ltd | 219.9 | -22.0 |
Factors To Consider When Investing In Sugar Stocks with High ROCE
The factors to consider when investing in sugar stocks with high ROCE include understanding market trends and assessing the company’s historical financial performance.
- Market Demand: Evaluate the global demand for sugar and its impact on stock performance.
- Government Policies: Review regulations and subsidies that affect sugar production and pricing.
- Production Costs: Analyze cost-efficiency in raw materials and production processes.
- Company’s Debt Levels: Examine the company’s debt-to-equity ratio to ensure financial stability.
- Management Efficiency: Consider the expertise and track record of the company’s management team.
How To Invest In Sugar Stocks with High ROCE?
To invest in sugar stocks with high ROCE, start by researching companies with strong financials and consistent ROCE performance. Open a trading account with a reliable brokerage such as Alice Blue. Diversify your portfolio to mitigate risks.
Advantages Of Investing In Sugar Stocks with High ROCE
The primary advantage of investing in sugar stocks with high ROCE is the potential for stable returns due to efficient capital utilization.
- High Profitability: Companies with high ROCE typically generate better profits relative to their capital employed.
- Strong Financial Health: Indicates a company’s ability to manage resources effectively, ensuring sustainability.
- Attractive Valuations: Such stocks often trade at reasonable valuations due to their consistent performance.
- Competitive Edge: High ROCE companies are usually market leaders with strong competitive positions.
- Dividend Potential: These companies are more likely to distribute regular dividends to shareholders.
Risks Of Investing In Sugar Stocks with High ROCE
The main risk of investing in sugar stocks with high ROCE is the volatility in sugar prices, which can significantly impact profitability.
- Market Volatility: Fluctuations in sugar prices can affect revenue and profits.
- Regulatory Changes: New policies or tariffs can impact production and export dynamics.
- Climate Risks: Weather conditions and natural disasters can disrupt sugar production.
- Currency Fluctuations: Changes in exchange rates can affect international sales and profits.
- Operational Risks: Inefficiencies or disruptions in the supply chain can impact production costs and margins.
Introduction to Sugar Stocks with High ROCE
E I D-Parry (India) Ltd
The Market Cap of E I D-Parry (India) Ltd is Rs. 13,607.61 crore. The stock’s monthly return is -0.62%. Its one-year return is 54.10%. The stock is 6.77% away from its 52-week high.
E.I.D.- Parry (India) Limited, an India-based company, operates in the sweeteners and nutraceuticals business. The company’s business divisions include Nutrient and allied business, Crop protection, Sugar, Co-generation, Distillery, and Nutraceuticals.
The company markets sugar and nutraceuticals both domestically and internationally, targeting trade, institutions, and retail consumers through distributors, direct sales, and digital marketing channels. It caters to industries such as pharmaceuticals, confectionery, beverages, soft drink manufacturing, dairy, and food ingredients.
Shree Renuka Sugars Ltd
The Market Cap of Shree Renuka Sugars Ltd is Rs. 10,687.15 crores. The stock’s monthly return is -2.69%. Its one-year return is 7.17%. The stock is 12.34% away from its 52-week high.
Shree Renuka Sugars Limited, an agri-business and bio-energy company based in India, is involved in the production of sugar, ethyl alcohol, ethanol, and power generation.
Its business segments consist of Sugar milling, Sugar refinery, Engineering, and Other, offering a range of products including sugar, ethanol, power, and organic manure. The company operates 11 mills across India and Brazil, with capabilities in ethanol and power co-generation.
Balrampur Chini Mills Ltd
The Market Cap of Balrampur Chini Mills Ltd is Rs. 9,024.24 crore. The stock’s monthly return is 1.52%. Its one-year return is 10.73%. The stock is 5.33% away from its 52-week high.
Balrampur Chini Mills Limited, headquartered in India, is a sugar manufacturing company that is also involved in the production and sale of ethanol, ethyl alcohol, co-generated power, and agricultural fertilizers.
The company operates through three segments: Sugar, Distillery, and Others. The Sugar segment focuses on selling sugar and its by-products, while the Distillery segment sells industrial alcohol, including ethanol to oil marketing companies, as well as other products to institutional buyers.
Triveni Engineering and Industries Ltd
The Market Cap of Triveni Engineering and Industries Ltd is Rs. 8874.12 crore. The stock’s monthly return is 0.85%. Its one-year return is 32.10%. The stock is 6.19% away from its 52-week high.
Triveni Engineering and Industries Ltd is a prominent player in the sugar stocks sector, engaging in the production and sale of sugar and related by-products. The company operates multiple sugar mills across India, contributing significantly to its production capacity.
Beyond sugar, Triveni Engineering diversifies its operations into engineering, manufacturing industrial gears, water treatment solutions, and defense equipment, which stabilize its revenue streams against the cyclicality of the sugar industry.
Piccadily Agro Industries Ltd
The Market Cap of Piccadily Agro Industries Ltd is Rs. 8138.18 crores. The stock’s monthly return is 27.54%. Its one-year return is 1119.29%. The stock is 5.57% away from its 52-week high.
Piccadily Agro Industries Limited, headquartered in India, specializes in the manufacturing of sugar and distillery products. The company has two main divisions: Sugar and Distillery.
The Sugar segment includes sugar, molasses, power, and bagasse among its products. The Distillery segment offers liquor, malt, carbon dioxide gas, and ethanol. In terms of production, the Sugar Mill has generated about 667,800 quintals of sugar and approximately 318,982 quintals of molasses.
Bannari Amman Sugars Ltd
The Market Cap of Bannari Amman Sugars Ltd is Rs 3904.36 crores. The stock’s monthly return is -6.13%. Its one-year return is 12.50%. The stock is 12.31% away from its 52-week high.
Bannari Amman Sugars Limited, an India-based company, is involved in the manufacturing of sugar, power generation through co-generation, and production of industrial alcohol, and granite products.
The company operates in segments including Sugar, Power, Distillery, and Granite Products. It operates five sugar factories with a combined capacity of 23,700 metric tons (MT) of sugarcane crushing per day and 129.80 megawatts (MW) of Cogen power.
Dalmia Bharat Sugar and Industries Ltd
The Market Cap of Dalmia Bharat Sugar and Industries Ltd is Rs. 3,217.34 crores. The stock’s monthly return is -7.35%. Its one-year return is 4.14%. The stock is 21.51% away from its 52-week high.
Dalmia Bharat Sugar and Industries Limited, an Indian company, is primarily involved in the production of sugar, generation of power, manufacturing of industrial alcohol, and production of refractory products.
The company operates across four segments. The Sugar Manufacturing Segment focuses on the production and marketing of sugar. The Power Generation Segment involves generating and selling power, with some of it being used for internal consumption. The Distillery Segment is responsible for manufacturing and selling ethanol, extra-neutral alcohol, and sanitizer.
Dhampur Sugar Mills Ltd
The Market Cap of Dhampur Sugar Mills Ltd is Rs. 1435.06 crores. The stock’s monthly return is -4.74%. Its one-year return is -21.97%. The stock is 48.14% away from its 52-week high.
Dhampur Sugar Mills Limited, an Indian company, is involved in the comprehensive processing of sugarcane. The company manufactures and sells sugar, chemicals, and ethanol, and generates power through co-generation.
Additionally, it utilizes by-products such as bagasse and molasses in its distillery and power generation operations. The company’s business segments include Sugar, Power, Ethanol, Chemicals, Potable Spirits, and Others.
Dwarikesh Sugar Industries Ltd
The Market Cap of Dwarikesh Sugar Industries Ltd is Rs. 1371.23 crore. The stock’s monthly return is -3.73%. Its one-year return is -21.78%. The stock is 47.34% away from its 52-week high.
Dwarikesh Sugar Industries Limited is an Indian industrial company with diversified operations. The company specializes in the production of sugar and related products like ethanol and co-generated power.
They have developed a broad product range and focus on manufacturing sugar, ethanol, and power. Dwarikesh Sugar Industries Limited collaborates with around 154,000 farmers who cultivate sugarcane across 117,000 hectares in three different locations. The company procures approximately 3.82 million quintals of sugarcane.
Uttam Sugar Mills Ltd
The Market Cap of Uttam Sugar Mills Ltd is Rs. 1246.73 crores. The stock’s monthly return is -6.87%. Its one-year return is -13.94%. The stock is 63.30% away from its 52-week high.
Uttam Sugar Mills Limited, an India-based company, specializes in the production of sugar, industrial alcohol, and power generation. The company is divided into three segments: Sugar, Cogeneration, and Distillery.
Its industrial product range includes Liquid Sugar, Pharma Sugar, Natural Brown, Sulphur-free Sugar, Double Refined Sugar, Invert Sugar Syrup, Plantation White Sugar, Sulphur-free Bura, and more.
Top Sugar Stocks with High ROCE – FAQs
Top Sugar Stocks with High ROCE #1:E I D-Parry (India) Ltd
Top Sugar Stocks with High ROCE #2:Shree Renuka Sugars Ltd
Top Sugar Stocks with High ROCE #3:Balrampur Chini Mills Ltd
Top Sugar Stocks with High ROCE #4:Triveni Engineering and Industries Ltd
Top Sugar Stocks with High ROCE #5:Piccadily Agro Industries Ltd
The top 5 stocks are based on market capitalization.
The Best Sugar Stocks with High ROCE based on one-year returns are Piccadily Agro Industries Ltd, E I D-Parry (India) Ltd, Triveni Engineering and Industries Ltd, Bannari Amman Sugars Ltd, and Balrampur Chini Mills Ltd.
Investing in sugar stocks with high Return on Capital Employed (ROCE) can be beneficial as it indicates efficient use of capital and potentially higher profitability. However, consider industry risks, market conditions, and company-specific factors before making any investment decision.
Yes, you can buy sugar stocks with high ROCE. High ROCE suggests effective capital utilization and robust performance. Ensure to conduct thorough research, assess the company’s financial health, and consider market trends before purchasing these stocks.
To invest in sugar stocks with high ROCE, research companies within the industry, analyze their financials, and compare ROCE metrics. Open a brokerage account, such as through Alice Blue, by completing the KYC process at Alice Blue KYC.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.