Best Ethanol Stocks in India: Are These Stocks Profitable?

The table below represents the Best Ethanol Stocks In India based on the Highest Market Capitalization.

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Ethanol Stocks In India

Delve into the realm of ethanol stocks in India, where companies lead the charge toward sustainable fuel solutions. Explore investment potentials in this dynamic sector, from established pioneers to emerging innovators shaping India’s renewable energy landscape.

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Shree Renuka Sugars

Shree Renuka Sugars Limited, an India-based agri-business and bio-energy company, operates in segments including Sugar milling, Sugar refinery, Distillery, Co-generation, Trading, Engineering, and Others. Its products comprise sugar, ethanol, power, and organic manure. With 11 operational mills across India and Brazil, it produces white sugar, molasses, bagasse, and generates electricity and steam. The Trading segment deals in various commodities including sugar, coal, and molasses.

Praj Industries Ltd

Praj Industries Limited, an Indian biotechnology company, operates in BioEnergy, Praj HiPurity Systems (PHS), Critical Process Equipment & Skids (CPES), Wastewater Treatment, and Brewery & Beverages. Its BioEnergy portfolio includes solutions for conventional and advanced biofuels, while PHS offers high-purity water systems and fermentation-based solutions. CPES specializes in modular process packages for energy transition sectors, and it serves the brewing and beverage industry with customized plants and equipment.

Balrampur Chini Mills Ltd

Balrampur Chini Mills Limited, an India-based sugar manufacturing company, primarily engages in sugar production and sale. Its segments encompass Sugar, Distillery, and Others. The Sugar segment focuses on sugar and its by-products, while the Distillery segment sells industrial alcohol, including ethanol, to oil marketing companies. Other products include rectified spirit, extra-neutral alcohol, and agricultural fertilizers. The company also generates and sells co-generated power and offers agri-inputs like PAUDH-SHAKTI, JAIV-SHAKI, and DEVDOOT.

ISGEC Heavy Engineering Ltd

Isgec Heavy Engineering Limited is an India-based company with diversified operations in manufacturing and project businesses. Its segments include machinery and equipment manufacturing, and engineering, procurement, and construction (EPC). The former involves manufacturing process plant equipment, presses, castings, and boiler tubes, while the latter focuses on turnkey solutions for various projects like sugar plants, power plants, and air pollution control equipment. Isgec also offers EPC services for setting up industrial facilities.

Triveni Engineering and Industries Ltd

Triveni Engineering and Industries Limited, based in India, operates in sugar manufacturing and engineering sectors. Its segments include Sugar and Allied Businesses, and Engineering Businesses. The company produces white crystal sugar across seven plants in Uttar Pradesh and utilizes molasses for ethanol and alcohol production. Its engineering arm specializes in power transmission, water treatment solutions, and defense equipment, offering gearboxes, retrofit services, and custom process equipment.

Bajaj Hindusthan Sugar

Bajaj Hindusthan Sugar Limited, based in India, operates in sugar, distillery, power, and other segments. It manufactures sugar, industrial alcohol, and generates power from bagasse. The sugar products are graded as large, medium, and small, with byproducts including molasses, bagasse, and press mud. The company also produces bio-compost from press mud and spent wash, operating 14 sugar factories, six distilleries, and cogeneration facilities.

Bannari Amman Sugars Ltd

Bannari Amman Sugars Limited, based in India, operates in sugar, power generation, distillery, and granite products segments. It runs five sugar factories with a total crushing capacity of 23,700 metric tons per day and 129.80 MW of cogeneration power. Additionally, it has two distillery units with a total production capacity of 217.50 KLPD, along with agricultural fertilizer and granite processing units. The company also operates seven windmills with a combined capacity of 8.75 MW, located in Tamil Nadu.

Piccadily Agro Industries Ltd

Piccadily Agro Industries Limited, an India-based company, operates in sugar and distillery sectors. Its Sugar segment includes sugar, molasses, power, and bagasse. In the Distillery segment, it produces liquor, malt, carbon dioxide gas, and ethanol. The company’s products range from various types of whisky and rum to molasses and carbon dioxide gas.

Globus Spirits

Globus Spirits Limited, an India-based company, specializes in manufacturing and selling Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, Hand Sanitizer, and Franchise Bottling. Its product range includes various brands such as Ghoomar, Heer Ranjha, and Globus Special Series GR8 Times. With manufacturing facilities in West Bengal, Bihar, Haryana, and Rajasthan, it produces grain-neutral alcohol, bioethanol, and other spirits.

Dhampur Sugar Mills

Dhampur Sugar Mills Limited is an integrated sugarcane processing company in India. It manufactures and sells sugar, chemicals, ethanol, and generates power through co-generation. The company utilizes by-products like bagasse and molasses in its distillery operations. Its segments include Sugar, Power, Ethanol, Chemicals, Potable Spirits, and Others. Subsidiaries include Ehaat Limited and DETS Limited.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time.