Is The Ugar Sugar Works the Best Stock in Its Sector? A Look at the Numbers
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
The Ugar Sugar Works CMP Rs 54.97 (09 Oct 2026). Market cap Rs 630 Cr. ROE 5.83%. P/E 21.86x versus Industry P/E 26.62x.
Quick Answer
The Ugar Sugar Works is one of the names investors compare when screening the Sugar sector, built on a 5.83% return on equity and a P/E of 21.86x against an Industry P/E of 26.62x. Whether The Ugar Sugar Works is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Sugar sector peers, so you can judge that for yourself.
Is The Ugar Sugar Works the best stock in its sector? The stock trades on the NSE at Rs 54.97 as of 09 October 2026, within its 52-week range of Rs 33.75 to Rs 66.77. The Ugar Sugar Works Ltd, incorporated in 1939 and part of the Shirgaokar Group, makes sugar, alcohol and power.
The Ugar Sugar Works sits in the Sugar sector, and its 5.83% ROE and 21.86x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About The Ugar Sugar Works
The Ugar Sugar Works Ltd, incorporated in 1939 and part of the Shirgaokar Group, makes sugar, alcohol and power. The stock trades in the BE series on the NSE, which means trade-for-trade settlement with no intraday trading. It is about 18 percent below its 52-week high and about 63 percent above its 52-week low. At a market capitalisation of Rs 630 Cr, it is tracked as part of the Sugar sector on Univest.
Is The Ugar Sugar Works the Best Stock in Its Sector?
The Ugar Sugar Works makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 5.83% ROE with a 21.86x P/E against the sector’s 26.62x Industry P/E. The Ugar Sugar Works’ 21.86x P/E is below the 26.62x Industry P/E, but a 5.83% ROE is weak and a debt to equity of 2.86 is high, so the discount does not come with a strong balance sheet.
| Metric | The Ugar Sugar Works |
|---|---|
| CMP (NSE) | Rs 54.97 |
| 52-Week High / Low | Rs 66.77 / Rs 33.75 |
| Market Cap | Rs 630 Cr |
| P/E (TTM) vs Industry P/E | 21.86x vs 26.62x |
| P/B | 2.69 |
| ROE | 5.83% |
| EPS (TTM) | Rs 2.56 |
| Dividend Yield | 0.18% |
| Debt to Equity | 2.86 |
Compare The Ugar Sugar Works Against Other Sugar Sector Stocks
How The Ugar Sugar Works Compares Against Its Sugar Sector Peers
The table below sets The Ugar Sugar Works against 2 other Sugar sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| The Ugar Sugar Works | 630 | 21.86 | 5.83% | 2.86 |
| Avadh Sugar and Energy | 1,870 | 28.35 | 5.10% | 1.25 |
| Magadh Sugar and Energy | 764 | 14.97 | 7.22% | 0.79 |
| Peer average (2 companies) | – | 21.66 | 6.16% | 1.02 |
Against this peer set, The Ugar Sugar Works’s 5.83% ROE is below the 6.16% peer average, and its P/E of 21.86x runs above the peer average of 21.66x. The Ugar Sugar Works’ 21.86x P/E is below the 26.62x Industry P/E, but a 5.83% ROE is weak and a debt to equity of 2.86 is high, so the discount does not come with a strong balance sheet.
What Makes The Ugar Sugar Works Worth Watching in Sugar
- Heavy leverage: A debt to equity ratio of 2.86 is high against the peers in this comparison.
- Low returns: A 5.83% ROE is modest for a company carrying this much debt.
- BE series trading: The stock trades in the BE series, which settles trade for trade, so liquidity and exit flexibility are limited.
The Ugar Sugar Works Valuation: Is It Justified?
The Ugar Sugar Works’ 21.86x P/E is below the 26.62x Industry P/E, but a 5.83% ROE is weak and a debt to equity of 2.86 is high, so the discount does not come with a strong balance sheet. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is TCI Express the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track The Ugar Sugar Works and other Sugar sector stocks.
How to Track The Ugar Sugar Works Before You Invest
Before deciding whether The Ugar Sugar Works deserves its label as the best stock in its sector for your own portfolio, compare it directly against Sugar sector peers using the steps below.
- Open the Univest Screener and search for The Ugar Sugar Works to view live price, valuation ratios, and peer comparisons within the Sugar sector.
- Compare its P/E, P/B, and ROE against other Sugar sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
The Ugar Sugar Works is worth researching mainly on valuation, with a P/E of 21.86x against a 26.62x Industry P/E, but a 5.83% ROE is modest, so the case for calling it the best stock in its sector rests on more than current returns. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is The Ugar Sugar Works the best stock in its sector?
Ans. The Ugar Sugar Works has a 5.83% ROE and trades at 21.86x P/E against a 26.62x Industry P/E, and compares below the peer average ROE of 6.16% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of The Ugar Sugar Works?
Ans. The Ugar Sugar Works was trading at Rs 54.97 on the NSE as of 09 October 2026, within its 52-week range of Rs 33.75 to Rs 66.77.
What sector does The Ugar Sugar Works belong to?
Ans. The Ugar Sugar Works is classified under the Sugar sector on Univest.
How does The Ugar Sugar Works compare to its sector peers on P/E?
Ans. The Ugar Sugar Works’s P/E of 21.86x is above the 21.66x average of the 2 named peers compared in this article.
What is The Ugar Sugar Works’s return on equity?
Ans. The Ugar Sugar Works reported a return on equity of 5.83%, which is below the 6.16% average of its named peers in this comparison.
Should I invest in The Ugar Sugar Works based on its sector position?
Ans. The Ugar Sugar Works’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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