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Join NowCompany Overview: Ugar Sugar Works Ltd
Dhampur Bio Organics Ltd is a leading sugar and ethanol manufacturing company in India. The company is involved in sugar production, ethanol production, biofuels, and power generation from bagasse. With factories located mainly in Uttar Pradesh, the company benefits from strong cane availability. In recent years, Dhampur Bio Organics has focused more on ethanol growth for improving long-term revenue stability and reducing dependency on sugar price cycles.

Table of Contents
Ugar Sugar Works Share Price Target (2026-2050)
Forecast is based on fundamentals, ethanol demand, financial performance and future business outlook.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹87 | ₹108 |
| 2027 | ₹102 | ₹125 |
| 2028 | ₹118 | ₹148 |
| 2030 | ₹150 | ₹210 |
| 2040 | ₹260 | ₹410 |
| 2050 | ₹400 | ₹700 |
Year-wise Forecast & Growth Analysis
Ugar Sugar Works Share Price Target 2026
| Parameters | Min | Max |
|---|---|---|
| 2026 Target | ₹87 | ₹108 |
Margins expected to improve due to ethanol growth and efficient capacity utilization.
Ugar Sugar Works Share Price Target 2027
| Parameters | Min | Max |
|---|---|---|
| 2027 Target | ₹102 | ₹125 |
If sugar output and power generation remain strong, stock may show continued upward performance.
Ugar Sugar Works Share Price Target 2028
| Parameters | Min | Max |
|---|---|---|
| 2028 Target | ₹118 | ₹148 |
Ethanol revenue will play a major role in earnings expansion by this time.
Ugar Sugar Works Share Price Target 2030
| Parameters | Min | Max |
|---|---|---|
| 2030 Target | ₹150 | ₹210 |
Assuming profitability remains increasing and debt stays manageable, valuation could improve strongly.
Ugar Sugar Works Share Price Target 2040
| Parameters | Min | Max |
|---|---|---|
| 2040 Target | ₹260 | ₹410 |
Over long term, sugar consumption growth and ethanol blending expansion may support steady compounding.
Ugar Sugar Works Share Price Target 2050
| Parameters | Min | Max |
|---|---|---|
| 2050 Target | ₹400 | ₹700 |
In very long term, demand for biofuel and renewable energy may drive high growth if the company continues expansion.
Business Strengths
- Strong production capacity in Karnataka
- Expanding ethanol business
- Power cogeneration supports steady revenue
- Long industry history and market presence
Risk Factors
- Sugar price fluctuations
- Seasonal dependency on raw materials
- Debt management and liquidity pressure
- Policy changes in ethanol and sugar sector
Peer Comparison
| Company | Market Cap (Approx) | Strength |
|---|---|---|
| Balrampur Chini | High | High profitability and efficiency |
| EID Parry | High | Strong R&D and premium sugar |
| Triveni Engineering | High | Diversified business |
| Ugar Sugar Works | Small | High growth visibility with ethanol but more volatile |
Shareholding Pattern
| Shareholder Type | Holding |
|---|---|
| Promoters | 24% |
| Retail & Public | 69% |
| FIIs | 1% |
| DIIs | 6% |
Financial Performance Snapshot
Long-Term Investment View
Ugar Sugar Works is a promising ethanol-focused sugar stock, but it comes with higher risk and higher volatility compared to top industry leaders. The company’s future performance depends on ethanol expansion, raw material management and long-term profitability. Suitable for long-term investors willing to take moderate risk for strong potential returns.
FAQs
Is Ugar Sugar Works a good buy for long term?
It can be good for long-term investors who can take moderate risk and wait for ethanol-driven expansion.
Is Ugar Sugar Works debt free?
No. The company has debt, but it is manageable.
Which sector does Ugar Sugar Works operate in?
It operates in the Sugar and Ethanol manufacturing sector.
What drives Ugar Sugar Works’ growth?
Expansion of ethanol production, power generation from bagasse and operational efficiency.
What is the price target of Ugar Sugar Works?
Share price targets from 2026 to 2050 are mentioned in the forecast table above.
Conclusion
Ugar Sugar Works has a positive growth outlook driven by ethanol demand and operational improvements. The stock may provide good long-term returns if the company maintains profitability and reduces volatility. Investors should track quarterly results and government policies affecting sugar and ethanol.
Disclaimer
This article is for educational purposes only. Price targets are based on market research and should not be considered investment advice. Please consult your financial advisor before investing.


