Ugar Sugar Works Ltd. (UGARSUGAR)
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Ugar Sugar Works Ltd. Profile
| Food Products Industry | Consumer Staples Sector | Mr. Niraj Shishir Shirgaokar B.E. CEO | MSE Exchange | INE071E01023 ISIN |
| IN Country | 968 Employees | 29 Jul 2026 Last Dividend | 29 Jun 2005 Last Split | - IPO Date |
Overview
The Ugar Sugar Works Limited is a well-established company founded in 1939, located in Belgaum, India. This company has carved a niche in the agricultural and alcoholic beverage industry primarily within India, focusing on the manufacture and sale of sugar, industrial alcohol, and potable alcohol. Through its long-standing presence, The Ugar Sugar Works Limited has diversified its product offerings to include a wide array of products ranging from white crystal sugar, various distillery products, to confectionery goods. It also engages in electricity generation and distribution, showcasing its multi-faceted operations. Moreover, the company holds a stance in the export market, further expanding its business reach beyond domestic boundaries.
Products and Services
- White Crystal Sugar and Byproducts
- Distillery Products
- Distillery Byproducts
- Confectionery Products
- Warehousing Facilities
- Electricity Generation and Distribution
Produces white crystal sugar along with byproducts such as bagasse, used in paper and biofuel production; filter cake, utilized as a fertilizer; and final molasses, a primary feedstock for ethanol production.
Offers a range of alcoholic beverages under various brands including Old Castle Premium Whisky, U.S. Whisky, U.S. Brandy, U.S. Gin, Ugar XXX Rum, Gokak Falls Whisky, Milan Whisky, Hawk Gin, and Gagarin Vodka. Additionally, the company produces ethanol, rectified spirit, malt spirit, and extra neutral alcohol for various industrial and beverage purposes.
Manufactures distillery byproducts like fermentation sludge for poultry feeds; fusel oil, used in amyl alcohols and perfumes; and carbon dioxide for industrial use. They also produce low-grade potash, which aids in sugarcane crop growth.
Engages in the production of various confectionery goods, diversifying its product offerings beyond its core products of sugar and alcohol.
Provides warehousing solutions, showcasing its capability in offering logistical support alongside its manufacturing activities.
Generates and distributes electricity, indicating the company's involvement in the energy sector alongside its traditional agricultural and beverage production operations. This activity underscores the company’s commitment to sustainability and efficient use of byproducts.
