The Ugar Sugar Works Limited (UGARSUGAR) - Net Assets

Latest as of September 2025: Rs1.72 Billion INR ≈ $18.56 Million USD

Based on the latest financial reports, The Ugar Sugar Works Limited (UGARSUGAR) has net assets worth Rs1.72 Billion INR (≈ $18.56 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.84 Billion ≈ $84.76 Million USD) and total liabilities (Rs6.12 Billion ≈ $66.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of The Ugar Sugar Works Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.72 Billion
% of Total Assets	21.89%
Annual Growth Rate	2.88%
5-Year Change	168.32%
10-Year Change	137.75%
Growth Volatility	32.33

The Ugar Sugar Works Limited - Net Assets Trend (2007–2025)

This chart illustrates how The Ugar Sugar Works Limited's net assets have evolved over time, based on quarterly financial data. Also explore The Ugar Sugar Works Limited balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for The Ugar Sugar Works Limited (2007–2025)

The table below shows the annual net assets of The Ugar Sugar Works Limited from 2007 to 2025. For live valuation and market cap data, see market cap of The Ugar Sugar Works Limited.

Year	Net Assets	Change
2025-03-31	Rs2.16 Billion ≈ $23.36 Million	-8.07%
2024-03-31	Rs2.35 Billion ≈ $25.41 Million	+6.40%
2023-03-31	Rs2.21 Billion ≈ $23.88 Million	+81.37%
2022-03-31	Rs1.22 Billion ≈ $13.17 Million	+51.26%
2021-03-31	Rs805.00 Million ≈ $8.71 Million	+24.12%
2020-03-31	Rs648.55 Million ≈ $7.01 Million	+26.84%
2019-03-31	Rs511.33 Million ≈ $5.53 Million	+12.79%
2018-03-31	Rs453.34 Million ≈ $4.90 Million	-60.13%
2017-03-31	Rs1.14 Billion ≈ $12.30 Million	+25.15%
2016-03-31	Rs908.51 Million ≈ $9.83 Million	+9.52%
2015-03-31	Rs829.54 Million ≈ $8.97 Million	-4.19%
2014-03-31	Rs865.79 Million ≈ $9.36 Million	-25.58%
2013-03-31	Rs1.16 Billion ≈ $12.58 Million	+14.60%
2012-03-31	Rs1.02 Billion ≈ $10.98 Million	+15.76%
2011-03-31	Rs876.96 Million ≈ $9.48 Million	+4.80%
2010-03-31	Rs836.80 Million ≈ $9.05 Million	-19.32%
2009-03-31	Rs1.04 Billion ≈ $11.22 Million	+39.90%
2008-03-31	Rs741.38 Million ≈ $8.02 Million	-42.79%
2007-03-31	Rs1.30 Billion ≈ $14.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to The Ugar Sugar Works Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 167464500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs1.67 Billion	77.53%
Common Stock	Rs112.50 Million	5.21%
Other Comprehensive Income	Rs215.37 Million	9.97%
Other Components	Rs157.50 Million	7.29%
Total Equity	Rs2.16 Billion	100.00%

The Ugar Sugar Works Limited Competitors by Market Cap

The table below lists competitors of The Ugar Sugar Works Limited ranked by their market capitalization.

Company	Market Cap
ImageneBio, Inc. NASDAQ:IMA	$53.13 Million
Binh Duong Trade and Development JSC VN:TDC	$53.17 Million
EgnsINVEST Ejendomme Tyskland A/S CO:EGNETY	$53.17 Million
Nuintek Co.Ltd KQ:012340	$53.19 Million
Etherstack Plc AU:ESK	$53.08 Million
Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS IS:IHLGM	$53.08 Million
Yesil Gayrimenkul Yatirim Ortakligi AS IS:YGYO	$53.06 Million
CENIT Aktiengesellschaft XETRA:CSH	$53.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in The Ugar Sugar Works Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,349,681,000 to 2,160,011,000, a change of -189,670,000 (-8.1%).
Net loss of 162,495,000 reduced equity.
Dividend payments of 28,125,000 reduced retained earnings.
Other comprehensive income increased equity by 947,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs-162.50 Million	-7.52%
Dividends Paid	Rs28.12 Million	-1.3%
Other Comprehensive Income	Rs947.00K	+0.04%
Other Changes	Rs3.00K	+0.0%
Total Change	Rs-	-8.07%

Book Value vs Market Value Analysis

This analysis compares The Ugar Sugar Works Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.29x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.45x to 2.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	Rs12.67	Rs43.66	x
2008-03-31	Rs8.24	Rs43.66	x
2009-03-31	Rs10.76	Rs43.66	x
2010-03-31	Rs7.44	Rs43.66	x
2011-03-31	Rs7.80	Rs43.66	x
2012-03-31	Rs9.02	Rs43.66	x
2013-03-31	Rs10.34	Rs43.66	x
2014-03-31	Rs7.70	Rs43.66	x
2015-03-31	Rs7.37	Rs43.66	x
2016-03-31	Rs8.08	Rs43.66	x
2017-03-31	Rs10.11	Rs43.66	x
2018-03-31	Rs4.03	Rs43.66	x
2019-03-31	Rs4.55	Rs43.66	x
2020-03-31	Rs5.76	Rs43.66	x
2021-03-31	Rs7.16	Rs43.66	x
2022-03-31	Rs10.82	Rs43.66	x
2023-03-31	Rs19.63	Rs43.66	x
2024-03-31	Rs20.89	Rs43.66	x
2025-03-31	Rs19.09	Rs43.66	x

Capital Efficiency Dashboard

This dashboard shows how efficiently The Ugar Sugar Works Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -7.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.22%
• Asset Turnover: 1.18x
• Equity Multiplier: 5.23x
Recent ROE (-7.52%) is below the historical average (1.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	2.64%	0.93%	0.29x	9.76x	Rs-95.39 Million
2008	19.42%	3.48%	0.78x	7.13x	Rs69.80 Million
2009	14.34%	3.63%	0.77x	5.12x	Rs44.97 Million
2010	-23.94%	-4.51%	0.73x	7.31x	Rs-284.04 Million
2011	4.58%	0.68%	0.98x	6.95x	Rs-47.54 Million
2012	16.84%	2.60%	0.99x	6.54x	Rs69.40 Million
2013	15.00%	2.43%	1.10x	5.62x	Rs58.16 Million
2014	-34.37%	-4.63%	1.05x	7.05x	Rs-384.17 Million
2015	-3.92%	-0.50%	1.00x	7.82x	Rs-115.46 Million
2016	12.42%	1.35%	1.10x	8.36x	Rs21.98 Million
2017	22.84%	4.44%	0.95x	5.43x	Rs146.02 Million
2018	-150.42%	-10.49%	0.76x	18.98x	Rs-727.24 Million
2019	8.50%	0.58%	0.85x	17.27x	Rs-7.68 Million
2020	21.23%	1.67%	0.99x	12.82x	Rs72.81 Million
2021	21.18%	1.87%	1.02x	11.10x	Rs90.03 Million
2022	35.58%	3.89%	0.96x	9.56x	Rs311.52 Million
2023	46.66%	5.74%	1.96x	4.15x	Rs809.65 Million
2024	9.00%	1.84%	1.06x	4.62x	Rs-23.54 Million
2025	-7.52%	-1.22%	1.18x	5.23x	Rs-378.50 Million

Industry Comparison

This section compares The Ugar Sugar Works Limited's net assets metrics with peer companies in the Confectioners industry.

Industry Context

Industry: Confectioners
Average net assets among peers: $4,680,651,588
Average return on equity (ROE) among peers: 6.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
The Ugar Sugar Works Limited (UGARSUGAR)	Rs1.72 Billion	2.64%	3.57x	$53.12 Million
Avadh Sugar & Energy Limited (AVADHSUGAR)	$8.10 Billion	15.35%	2.00x	$110.26 Million
Bannari Amman Sugars Limited (BANARISUG)	$13.56 Billion	6.79%	0.76x	$489.42 Million
Dalmia Bharat Sugar and Industries Limited (DALMIASUG)	$4.60 Billion	0.32%	2.99x	$337.22 Million
DCM Shriram Industries Limited (DCMSRIND)	$2.19 Billion	2.71%	3.30x	$43.81 Million
Dhampur Sugar Mills Limited (DHAMPURSUG)	$8.85 Billion	16.28%	1.45x	$105.19 Million
Dharani Sugars&Chemicals Limited (DHARSUGAR)	$-892.40 Million	0.00%	0.00x	$3.07 Million
Dwarikesh Sugar Industries Limited (DWARKESH)	$1.35 Billion	-8.38%	4.57x	$94.17 Million
KCP Sugar and Industries Corporation Limited (KCPSUGIND)	$1.59 Billion	15.36%	1.26x	$33.08 Million
Kothari Sugars And Chemicals Limited (KOTARISUG)	$1.06 Billion	10.53%	2.82x	$24.52 Million
Magadh Sugar & Energy Limited (MAGADSUGAR)	$6.39 Billion	7.86%	1.20x	$78.06 Million

About The Ugar Sugar Works Limited

NSE:UGARSUGAR India Confectioners

Market Cap

$53.12 Million

Rs4.91 Billion INR

Market Cap Rank

#21707 Global

#1200 in India

Share Price

Rs43.66

Change (1 day)

-2.96%

52-Week Range

Rs35.36 - Rs51.27

All Time High

Rs134.04