Shree Renuka Sugars Limited is a leading agribusiness and bio-energy company. It is engaged in production and supply of sugar, power and ethanol. It was founded by Narendra Murkumbi and Vidya Murkumbi in 1998.
The company is one of India's major producers of sugar and green energy. Shree Renuka Sugars owns popular sugar brand Madhur and caters to the markets in Europe and Africa. It also produces ethanol and bio fertilisers.
The market capitalisation of Shree Renuka Sugars Limited stood at over ₹10,000 crore as of December 16, 2023. Renuka Sugars share price has gained over 290% in the last three years.
Business operations
Renuka Sugars runs cutting-edge sugar mills, several of which are equipped with ethanol and power cogeneration facilities. It also manages two of India's largest refineries situated at the ports.
Shree Renuka Sugars Ltd has eight sugar mills in the sugarcane-rich regions of Uttar Pradesh, Maharashtra and Karnataka. Madhur, owned by Renuka Sugars, has become one of India’s top-selling packaged sugar brands since its inception in 2007. It holds a dominant position with a 33% market share in the packaged sugar segment.
Renuka Sugars is one of India's largest exporters of refined sugar, handling over 1.38 million metric tons of raw sugar at its advanced refineries. The white refined sugar is exported to international markets such as the Middle East, North Africa, East Africa and more. The company’s total sugar production in FY 2022-23 stood at 431,167 MT.
Renuka Sugars is one of the largest green bio-energy producers in India. Renuka's green energy division includes ethanol production, utilised for blending with petrol and electricity generation. The company is a major contributor to the Government of India's Ethanol blending program.
Shree Renuka Sugars Ltd has nearly doubled its ethanol production capacities from 720 kilolitres per day to 1,250 kilolitres per day. For its operations, the company uses more than 75% of power derived from renewable sources. It produces three grades of ethanol— absolute alcohol, extra neutral alcohol and rectified spirit.
Renuka Sugars also generates power from bagasse, a sugarcane byproduct. It constitutes renewable energy which cuts down greenhouse gas emissions. This renewable energy powers the company's distilleries and mills. The excess electricity is sold through government grids.
The company is also a major player in the engineering, procurement, and construction (EPC) segment. KBK Chem-Engineering Private Limited is a wholly-owned subsidiary of Shree Renuka Sugars Limited. It specialises in offering high-end EPC solutions for fermentation and distillation industries. It has a strong foothold across Asian, Southeast Asian and African countries. It has succeeded in establishing EPC plants across three continents. KBK specialises in projects within the ethanol and distillery sectors.
Shree Renuka Sugars Financial Highlights
- Revenue: Shree Renuka Sugars reported revenue of ₹9,305.30 crore in FY26 vs ₹11,040.90 crore in FY25. It showed a decrease of 15.72% on a yearly basis.
- Operating Profit: Shree Renuka Sugars reported an operating loss of ₹872.30 crore in FY26 vs ₹362.60 crore in FY25. It showed a decrease of 140.57% on a year-on-year basis.
- Net Profit: Shree Renuka Sugars reported a net loss of ₹792.40 crore in FY26 vs ₹299.90 crore in FY25. It showed a decrease of 164.22% on a yearly basis.
Shree Renuka Sugars Quarterly Result Highlights
- Shree Renuka Sugars reported revenue of ₹2,131.30 crore in Jun 2026, compared with ₹2,610.70 crore in Mar 2026, representing a decrease of 18.36% on a quarter-on-quarter (QoQ) basis.
- Shree Renuka Sugars reported an operating loss of ₹315.90 crore in Jun 2026, compared with ₹153.20 crore in Mar 2026, representing a decrease of 106.20% on a quarter-on-quarter (QoQ) basis.
- Shree Renuka Sugars reported a loss of ₹251.50 crore in Jun 2026, compared with ₹121.40 crore in Mar 2026, reflecting a decrease of 107.17% on a QoQ basis.
- The earnings per share (EPS) of Shree Renuka Sugars stood at ₹3.72 during Jun 2026.
Data Source: BSE, Company announcements
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