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Top 5 Ethanol Stock in India

Ethanol Stock in India: Ethanol is made by processing the byproducts produced during sugar production. In this article, we will give you detailed information about Ethanol and the top 5 Ethanol Stock in India.

Recently, the Government of India had told many things about its manufacture to increase the percentage of ethanol in petrol. If we talk about the fuel used in vehicles, then it has to be imported from most Arab countries, for this, the government has to spend a lot of money for this. That is why the government has also set a target of mixing ethanol up to 20% in petrol by the year 2025.

This is also important because going forward the fuel of the vehicles will become so expensive that it cannot even be estimated if we look at the rising fuel prices today. If we talk about ethanol, it will now be made by sugar factories which are made after processing sugarcane.

Benefits of using ethanol?

There are many benefits of using ethanol in fuels, some of which are important to see.

  • It is much cheaper than other biofuels.
  • It can be very useful to reduce global warming.
  • This can provide employment to many people.
  • This will help the agriculture sector to get a boost.
  • It also helps in the formation of hydrogen.
  • It is counted in renewable energy.

Top 5 Ethanol Stock in Inida

There are many ethanol stock in India but in this artical we are going to discuss about top 5 ethanol stock in India.

1. Balrampur Chini Mills Ltd

  • Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power.
  • The company owns and operates 10 manufacturing plants in Eastern & Central Uttar Pradesh.
  • 77.96% Revenues from Sugar.

Fundametals


Market Cap₹ 8,230 Cr
Current Price₹ 403
ROE17.3%
ROCE16.1%
Face Value₹ 1.00

Profit & Loss


Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales4,3434,2864,7414,8124,846
Net Profit232576519480465

Shareholding


Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters41.2141.2141.4042.4242.42
FIIs21.5720.7920.8919.1017.00
DIIs15.0616.2415.1916.7919.25
Public22.1621.7622.5221.6921.33

2. Triveni Enginering & Industries

  • Triveni Engineering and Industries Ltd is predominantly an integrated sugar manufacturing company, which is also involved in manufacturing high-speed gears and project implementation in the fields of water and waste-water treatment and pollution control.
  • Sugar & allied businesses- (90% of revenue in FY21)
    Engineering business- (10% of revenue in FY21)

Fundametals


Market Cap₹ 6,640 Cr
Current Price₹ 275
ROE24.7%
ROCE21.1%
Face Value₹ 1.00

Profit & Loss


Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales3,3703,1524,4374,6744,291
Net Profit119216335295424

Shareholding


Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters68.4368.4368.4368.4368.43
FIIs2.782.632.964.515.28
DIIs4.075.285.135.154.70
Public24.7223.6623.4821.9121.59

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3. Dalmia Bharat Sugar & Industries

  • Dalmia Bharat Sugar & Industries is mainly engaged in manufacturing of sugar, generation of power, manufacturing of Industrial alcohol and manufacturing of refractory products.[
  • Sugar sales account for 77% of revenues, followed by Ethanol (15%) and Power (8%).
  • The company owns 5 manufacturing facilities. 3 of them are located in the state of Uttar Pradesh and 2 are located in Maharashtra.

Fundamentals


Market Cap₹ 3,019 Cr
Current Price₹ 373
ROE13.1%
ROCE13.2%
Face Value₹ 2.00

Profit & Loss


Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales2,2442,0182,1102,6863,018
Net Profit122175193270296

Shareholding


Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters74.9174.9174.9174.9174.91
FIIs0.831.000.960.901.15
DIIs0.070.070.070.060.07
Public24.0323.8623.9023.9723.71

4. EID Parry (India) ltd

  • EID Parry is engaged in Sugar, Nutraceuticals and ethanol production.
  • Nutrient and allied business : 66%
    Sugar: 20%
    Crop protection: 11%
    Other: 3 %

Fundamentals


Market Cap₹ 9,543 Cr
Current Price₹ 538
ROE18.4%
ROCE37.0%
Face Value₹ 1.00

Profit & Loss


Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales15,37316,55617,12918,58723,528
Net Profit256153468447907

Shareholding


Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters44.7444.7444.6844.6644.64
FIIs8.908.287.818.218.76
DIIs2.373.894.404.104.26
Public43.9843.0943.1143.0442.34

5. Praj Industries Ltd

  • Praj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries.
  • It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry.

Fundametals


Market Cap₹ 6,162 Cr
Current Price₹ 336
ROE17.5%
ROCE23.9%
Face Value₹ 2

Profit & Loss (cr)


Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales9171,1411,1021,3052,333
Net Profit39687081150

Share Holding


Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022
Promoters32.9132.8532.8332.8332.83
FIIs11.6213.1215.0014.9813.84
DIIs15.217.136.858.418.83
Public40.2646.9045.3243.7844.50

FAQ

What is Ethanol?

Ethanol is made by processing the byproducts produced during sugar production.

Best Ethanol Stock in India?

There are Mainly 5 best ethanol stock in India like Balrampur Chini Mills Ltd, Triveni Enginering & Industries, Dalmia Bharat Sugar & Industries, EID Parry (India) ltd & Praj Industries Ltd.

What are the Benefits of Using Ethanol?

Following are the benefits of using Ethanol:-
It can reduce global warming.
Cheaper than other biofuel.
Provide Employment.
Used for renewable energy.

I hope this artical best ethanol stock in India is helpful for you. If you have any queries regarding this then feel free to comment. Thank you.


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