{"id":311465,"date":"2026-10-15T17:21:30","date_gmt":"2026-10-15T11:51:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=311465"},"modified":"2026-10-15T17:21:30","modified_gmt":"2026-10-15T11:51:30","slug":"ethanol-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/","title":{"rendered":"3 Top Ethanol Stocks to Watch for Future Multibagger Potential: Balrampur Chini, EID Parry and Triveni Engineering"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Balrampur Chini Rs 720.10. EID Parry Rs 702.80. Triveni Engineering Rs 248.70. Market caps from Rs 5,649 crore to Rs 15,114 crore. Data as of 15 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Balrampur Chini, EID Parry and Triveni Engineering are the 3 picks in this ethanol stocks watchlist, with market caps between Rs 5,649 crore and Rs 15,114 crore. Balrampur Chini stands out for the biggest five-year price gain at 84.62%, while EID Parry offers the lowest PE of the group at 10.03. PE ratios run from 10.03 to 40.72, so compare each one with its industry PE before investing. All figures are as of 15 October 2026.<\/p>\n<\/p><\/div>\n<p>Ethanol stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Balrampur Chini, EID Parry and Triveni Engineering meet that test, with market caps from Rs 5,649 crore to Rs 15,114 crore and Balrampur Chini offering the biggest five-year price gain at 84.62%. The government&#8217;s ethanol blending programme gives sugar producers a second, policy-backed revenue stream beyond sugar itself.<\/p>\n<p>This list covers listed sugar and ethanol producers with distillery capacity and complete, verifiable financials, ranked by market capitalisation. Not every name here is a largecap, so the list takes the leading companies of the sector by market capitalisation. Investors screening ethanol stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 15 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=ethanol-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#What_Are_Ethanol_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Ethanol Stocks and Why Do They Attract Multibagger Interest?\">What Are Ethanol Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Ethanol_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Ethanol Stocks at a Glance: Price, Market Cap, PE and ROE\">Ethanol Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Balrampur_Chini_Market_Cap_of_Rs_15114_Crore\" title=\"Balrampur Chini: Market Cap of Rs 15,114 Crore\">Balrampur Chini: Market Cap of Rs 15,114 Crore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#EID_Parry_Revenue_Up_2163_in_FY26\" title=\"EID Parry: Revenue Up 21.63% in FY26\">EID Parry: Revenue Up 21.63% in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Triveni_Engineering_Quarterly_Profit_Up_7381\" title=\"Triveni Engineering: Quarterly Profit Up 73.81%\">Triveni Engineering: Quarterly Profit Up 73.81%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Ethanol_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Ethanol Stocks: Financial Comparison on Growth and Margins\">Ethanol Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\" title=\"Institutional Holding in Balrampur Chini, EID Parry and Triveni Engineering\">Institutional Holding in Balrampur Chini, EID Parry and Triveni Engineering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Ethanol_Stocks\" title=\"Risks to Weigh in Ethanol Stocks\">Risks to Weigh in Ethanol Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Ethanol_Stocks\" title=\"How to Choose Between Ethanol Stocks\">How to Choose Between Ethanol Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Ethanol_Stocks_to_Watch\" title=\"Frequently Asked Questions on Ethanol Stocks to Watch\">Frequently Asked Questions on Ethanol Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Which_are_the_best_ethanol_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best ethanol stocks to watch for multibagger potential?\">Which are the best ethanol stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Is_EID_Parry_a_good_stock_for_long-term_investors\" title=\"Is EID Parry a good stock for long-term investors?\">Is EID Parry a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Can_Balrampur_Chini_become_a_multibagger_from_here\" title=\"Can Balrampur Chini become a multibagger from here?\">Can Balrampur Chini become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\" title=\"What is the market cap of Balrampur Chini, EID Parry and Triveni Engineering?\">What is the market cap of Balrampur Chini, EID Parry and Triveni Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_ethanol_stocks\" title=\"What are the risks of investing in ethanol stocks?\">What are the risks of investing in ethanol stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#Why_is_Balrampur_Chini_trading_at_a_PE_of_4072\" title=\"Why is Balrampur Chini trading at a PE of 40.72?\">Why is Balrampur Chini trading at a PE of 40.72?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\" title=\"How much do institutions hold in Balrampur Chini, EID Parry and Triveni Engineering?\">How much do institutions hold in Balrampur Chini, EID Parry and Triveni Engineering?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Ethanol_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Ethanol Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ethanol stocks are mostly sugar companies that convert cane juice, molasses and grain into ethanol, which oil marketing companies buy for blending with petrol. Distilleries give them a revenue stream that is less tied to the sugar cycle.<\/p>\n<p>India&#8217;s blending targets, support for biofuels and efforts to cut crude imports are the main drivers behind ethanol demand. Companies that expand distillery capacity while keeping debt in check stand to gain the most, which is why investors compare capacity across ethanol stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ethanol_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Ethanol Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are as of 15 October 2026, mid-session. EID Parry combines the lowest PE of the group, 10.03, with the highest return on equity, 9.91%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/balramchin\/balrampur-chini-mills-ltd-share-price-today\">Balrampur Chini Mills<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">720.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15,114<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">40.72<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.15%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.77<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">393.55 to 780.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/eidparry\/eid--share-price-today\">EID Parry India<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">702.80<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12,314<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.03<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.91%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.40<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">672.30 to 1,118.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/triveni\/triveni-engineering-and-industries-ltd-share-price-today\">Triveni Engineering and Industries<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">248.70<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5,649<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.91<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.91%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.65<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">220.05 to 490.10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Balrampur_Chini_Market_Cap_of_Rs_15114_Crore\"><\/span><strong>Balrampur Chini: Market Cap of Rs 15,114 Crore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Balrampur Chini Mills is one of India&#8217;s largest integrated sugar producers, with ethanol and distillery capacity. It reported FY26 revenue of Rs 6,307.96 crore, up 14.60% year on year, and net profit of Rs 378.46 crore. Revenue has compounded at 6.63% a year since FY22. Operating margin was 12.99% in FY26.<\/p>\n<p>Revenue for the June 2026 quarter rose 6.66% to Rs 1,651.70 crore, at an operating margin of 8.27%. The share price has gained 84.62% over five years and 53.34% over the past year. Domestic institutions raised their holding from 27.60% in September 2025 to 30.93% in September 2026. The stock trades at a PE of 40.72 against an industry PE of 21.27.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"EID_Parry_Revenue_Up_2163_in_FY26\"><\/span><strong>EID Parry: Revenue Up 21.63% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>EID Parry India makes sugar and ethanol, nutraceuticals and bio-pesticides, and holds a stake in Coromandel International. It reported FY26 revenue of Rs 38,883.44 crore, up 21.63% year on year, and net profit of Rs 1,380.45 crore. Revenue has compounded at 13.09% a year since FY22. Operating margin was 9.48% in FY26. The debt-to-equity ratio is 0.40.<\/p>\n<p>The stock trades at a PE of 10.03 against an industry PE of 21.27, below the sector average. Revenue for the June 2026 quarter rose 2.70% to Rs 9,047.45 crore, at an operating margin of 8.66%. Domestic institutions raised their holding from 14.46% in June 2025 to 16.67% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Triveni_Engineering_Quarterly_Profit_Up_7381\"><\/span><strong>Triveni Engineering: Quarterly Profit Up 73.81%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Triveni Engineering and Industries produces sugar and ethanol and also makes gears, power transmission equipment and water treatment solutions. It reported FY26 revenue of Rs 6,366.67 crore, up 10.78% year on year, and net profit of Rs 268.71 crore, up 12.78%. Revenue has compounded at 10.22% a year since FY22. Operating margin was 7.98% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 1.73% to Rs 1,960.58 crore and net profit grew 73.81% to Rs 3.65 crore. Foreign investors raised their holding from 6.21% in June 2025 to 7.69% in June 2026. The stock trades at a PE of 20.91 against an industry PE of 21.27, below the sector average.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ethanol_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Ethanol Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these ethanol stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Balrampur Chini<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6,307.96<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">378.46<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.60%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.63%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.66%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">EID Parry<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">38,883.44<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,380.45<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.63%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.09%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2.70%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.66%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Triveni Engineering<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6,366.67<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">268.71<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.78%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.22%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.73%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3.48%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these ethanol stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\"><\/span><strong>Institutional Holding in Balrampur Chini, EID Parry and Triveni Engineering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these ethanol stocks alongside the promoter. The table uses the latest reported quarter for each. Balrampur Chini has the deepest institutional backing, with FII and DII together holding 39.89% as of September 2026. Domestic institutions increased their holding over the past year in Balrampur Chini (from 27.60% to 30.93%) and EID Parry (from 14.46% to 16.67%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Balrampur Chini<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.93%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.33%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">EID Parry<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41.28%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.21%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.67%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.85%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Triveni Engineering<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">60.58%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.69%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.64%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.09%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Ethanol_Stocks\"><\/span><strong>Risks to Weigh in Ethanol Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with ethanol stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Sugarcane output depends on the monsoon, which affects both sugar and ethanol volumes.<\/li>\n<li>Ethanol prices and blending allocations are set by the government, so policy changes affect earnings.<\/li>\n<li><strong>Valuation:<\/strong> Balrampur Chini trades at a PE of 40.72 against an industry PE of 21.27, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Ethanol_Stocks\"><\/span><strong>How to Choose Between Ethanol Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from ethanol stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (21.27) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track distillery capacity, ethanol realisation and the operating margin each quarter.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Balrampur Chini, EID Parry and Triveni Engineering live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among ethanol stocks, Balrampur Chini stands out for the biggest five-year price gain at 84.62%, EID Parry for the lowest PE of the group at 10.03 and Triveni Engineering for the strongest latest-quarter profit growth at 73.81%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing ethanol stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Ethanol_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Ethanol Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_ethanol_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best ethanol stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Balrampur Chini, EID Parry and Triveni Engineering are the 3 names this list highlights, with market caps of Rs 15,114 crore, Rs 12,314 crore and Rs 5,649 crore respectively. Balrampur Chini is notable for the biggest five-year price gain at 84.62%. EID Parry stands out for the lowest PE of the group at 10.03. Triveni Engineering offers the strongest latest-quarter profit growth at 73.81%. These are watchlist names for ethanol stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_EID_Parry_a_good_stock_for_long-term_investors\"><\/span><strong>Is EID Parry a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> EID Parry has a return on equity of 9.91%, a PE of 10.03 against an industry PE of 21.27 and a market cap of Rs 12,314 crore. FY26 revenue rose 21.63%, and June 2026 quarter revenue grew 2.70%. Long-term returns in ethanol stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Balrampur_Chini_become_a_multibagger_from_here\"><\/span><strong>Can Balrampur Chini become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Balrampur Chini has already gained 84.62% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in ethanol stocks requires earnings to keep growing faster than the market for several years. FY26 revenue rose 14.60%, and June 2026 quarter revenue grew 6.66%. At a PE of 40.72 against an industry PE of 21.27, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\"><\/span><strong>What is the market cap of Balrampur Chini, EID Parry and Triveni Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 15 October 2026, Balrampur Chini has a market cap of Rs 15,114 crore, EID Parry has a market cap of Rs 12,314 crore and Triveni Engineering has a market cap of Rs 5,649 crore. Balrampur Chini is the largest of the group. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on ethanol stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_ethanol_stocks\"><\/span><strong>What are the risks of investing in ethanol stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are monsoon-linked cane supply, government pricing and debt. Ethanol prices and procurement quotas are fixed under policy, and a weak cane crop can lower output. Choosing companies with expanding distilleries and lower debt reduces these risks. Balrampur Chini trades at a PE of 40.72 against an industry PE of 21.27, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Balrampur_Chini_trading_at_a_PE_of_4072\"><\/span><strong>Why is Balrampur Chini trading at a PE of 40.72?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Balrampur Chini&#8217;s PE of 40.72 compares with an industry PE of 21.27. The market is paying a premium for its market position and earnings record, which also means the stock is more sensitive if growth slows. Investors in ethanol stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Balrampur_Chini_EID_Parry_and_Triveni_Engineering\"><\/span><strong>How much do institutions hold in Balrampur Chini, EID Parry and Triveni Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 39.89% of Balrampur Chini (8.96% and 30.93%), 27.88% of EID Parry (11.21% and 16.67%) and 15.33% of Triveni Engineering (7.69% and 7.64%). Rising institutional holding is a useful signal in ethanol stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best ethanol stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Balrampur Chini, EID Parry and Triveni Engineering are the 3 names this list highlights, with market caps of Rs 15,114 crore, Rs 12,314 crore and Rs 5,649 crore respectively. Balrampur Chini is notable for the biggest five-year price gain at 84.62%. EID Parry stands out for the lowest PE of the group at 10.03. Triveni Engineering offers the strongest latest-quarter profit growth at 73.81%. 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Rising institutional holding is a useful signal in ethanol stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>3 top ethanol stocks compared on market cap, PE, ROE, growth and institutional holding: Balrampur Chini, EID Parry and Triveni Engineering.<\/p>\n","protected":false},"author":33,"featured_media":311464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[12493,1167],"class_list":["post-311465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-ethanol-stocks","tag-sugar-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["311464"],"rank_math_title":["Ethanol Stocks 2026: Balrampur Chini, EID Parry"],"rank_math_description":["Ethanol stocks to watch for multibagger potential: Balrampur Chini, EID Parry and Triveni Engineering. 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