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Companies›Fast Moving Consumer Goods›Fast Moving Consumer Goods›Agricultural Food & other Products
NSE:VISHWARAJ

VISHWARAJ SUGAR IND LTD

Fast Moving Consumer Goods › Agricultural Food & other Products
₹5.36
at close · 8 Oct 2026
▼ 0.16 (-2.90%)
ThemesArtificial Intelligence· mention

Latest filings

  1. Voting Results and Scrutinizer Report filed for 31st AGM · Compliance
  2. Vishwaraj Sugar 31st AGM proceedings: 4 resolutions passed · Board & Shareholder Meetings
  3. Trading Window closure ahead of Sept 2026 quarter results · Compliance
All filings ↓
Ask Nexa about VISHWARAJ SUGAR IND LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures sugar from sugarcane at an integrated complex in Belagavi, Karnataka, with four reporting businesses. Sugar is the largest at 65.4% of FY26 segment revenue (Rs. 248.59 crore) but lost Rs. 142.34 crore at the EBIT level, hurt by the Karnataka government setting the sugarcane price at Rs. 50 per quintal above FRP. Distillery contributed 24.8% of segment revenue (Rs. 94.10 crore) and was the main profit earner with EBIT of Rs. 112.04 crore; a new 150 KLPD ethanol plant began commercial operations in January 2026. Co-generation (6.4% of segment revenue, Rs. 24.36 crore) sells electricity and the Vinegar unit (3.3%, Rs. 12.60 crore) makes vinegar, both of which run profitably. Raw materials (largely sugarcane) made up 88.4% of FY26 revenue at Rs. 333.16 crore. The company posted a net loss of Rs. 28.17 crore on revenue of Rs. 376.81 crore in FY26, a 17% revenue decline year-on-year.

Revenue mix · reported segments
Sugar65.4%
Distillery24.8%
Co-generation6.4%
Vinegar Unit3.3%
Other0.1%
Operating scale
Ethanol distillery capacity
150 KLPD (new plant commissioned January 2026)FY26
Manufacturing location
Belagavi, Karnataka
Who pays it
Buyers of sugar, ethanol, electricity and vinegar (specific counterparties not disclosed in the pack)
Biggest cost
Sugarcane raw material, which made up 88.4% of FY26 revenue
Kind of business
Cyclical, agro-commodity driven, integrated sugar-ethanol complex
Where it sits
Integrated sugar producer in Karnataka with sugar, distillery, co-generation and vinegar operations, governed by state-set sugarcane prices
Market Cap
₹117 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
-2.4%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
13.8%▲
ROCE (5y median)
ROE -9.2% (5y median) · margin -1.0%
Leverage
1.66·
Debt / Equity · high
Net debt ₹418 Cr
Revenue FY21→FY26
0.9×▼
Margin −9.4 pts
₹426 Cr → ₹377 Cr
Moves on a normal day
1.17%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 27 Sugar peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#6/26
ROCE#24/27
ROE#23/26
Debt / Equity#25/26
EBITDA margin#24/26
Revenue growth#23/25
Profit growth#17/27

Scorecard

Measured from the filed financials, judged against its Sugar peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−2% a year)
Carries more debt than its peers — 1.66× equity
higher than 96% of its 26 Sugar peers
Heavy working capital — 166 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

VISHWARAJ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VISHWARAJ SUGAR IND LTD's filed financials and exchange disclosures

What does VISHWARAJ SUGAR IND LTD do?

VISHWARAJ SUGAR IND LTD is a Agricultural Food & other Products company listed on NSE and BSE, trading under the symbol VISHWARAJ.

Is VISHWARAJ SUGAR IND LTD profitable?

No. Over the trailing twelve months VISHWARAJ SUGAR IND LTD reported a net loss of ₹52 Cr on revenue of ₹484 Cr.

Does VISHWARAJ SUGAR IND LTD pay a dividend?

Not in the latest reported year — VISHWARAJ SUGAR IND LTD's dividend payout for FY26 was nil.

Is VISHWARAJ SUGAR IND LTD debt-free?

No. It reported borrowings of ₹421 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹418 Cr after cash. Debt stands at 1.66× equity. That is higher than 96% of its 26 Sugar peers.

How much does the VISHWARAJ SUGAR IND LTD share price move in a day?

On a typical session VISHWARAJ SUGAR IND LTD moves 1.17% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VISHWARAJ SUGAR IND LTD's announcements?

Every NSE and BSE filing by VISHWARAJ SUGAR IND LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.