The Ugar Sugar Works Limited (UGARSUGAR.NS) NSE

Currency In INR

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The Ugar Sugar Works Limited

Address

Ugarkhurd

Belgaum, KA 591316

India

Phone

91 83 3927 4000

Sector

Consumer Defensive

Industry

Food Confectioners

Employees

905

First IPO Date

August 23, 2010

Key Executives

NameTitlePayYear Born
Sohan Sanjeev ShirgaokarExecutive Director24.94M1982
Chandan Sanjeev ShirgaokarMD & Director58.51M1977
Niraj Shishir ShirgaokarMD & Director58.51M1972
Tushar Vasudev DeshpandeCompany Secretary & Compliance Officer0N/A
Shrikanta V. BhatChief Financial Officer & Manager of Finance0N/A
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Description

Operating predominantly in India, The Ugar Sugar Works Limited is a key producer and vendor of sugar, alongside a diverse range of industrial and consumable alcoholic products. Its core offerings feature white crystal sugar, accompanied by significant byproducts like bagasse, filter cake, and final molasses. The distillery division extends its portfolio to include a variety of Indian Made Liquor (IML) brands, namely 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, it supplies ethanol, rectified spirit, malt spirit, and extra neutral alcohol. From its distillation processes, valuable byproducts emerge, such as fermentation sludge (useful for poultry feed), fusel oil (an ingredient in amyl alcohols and perfumes), carbon dioxide for industrial applications, and low-grade potash, particularly advantageous for sugarcane and other agricultural crops. Moreover, the company engages in electricity generation and distribution, and also produces confectionery goods. Its manufactured goods are also sold globally through export channels. Established in 1939, The Ugar Sugar Works Limited is headquartered in Belgaum, India.

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