The Ugar Sugar Works Limited (UGARSUGAR) - Net Assets

Latest as of March 2026: Rs2.34 Billion INR ≈ $25.27 Million USD

Based on the latest financial reports, The Ugar Sugar Works Limited (UGARSUGAR) has net assets worth Rs2.34 Billion INR (≈ $25.27 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.20 Billion ≈ $142.78 Million USD) and total liabilities (Rs10.87 Billion ≈ $117.51 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 UGARSUGAR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.34 Billion
% of Total Assets	17.7%
Annual Growth Rate	3.15%
5-Year Change	91.92%
10-Year Change	105.53%
Growth Volatility	31.47

The Ugar Sugar Works Limited - Net Assets Trend (2007–2026)

This chart illustrates how The Ugar Sugar Works Limited's net assets have evolved over time, based on quarterly financial data. See how many days can The Ugar Sugar Works Limited fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for The Ugar Sugar Works Limited (2007–2026)

The table below shows the annual net assets of The Ugar Sugar Works Limited from 2007 to 2026. For live valuation and market cap data, see market cap of The Ugar Sugar Works Limited.

Year	Net Assets	Change
2026-03-31	Rs2.34 Billion ≈ $25.27 Million	+8.19%
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs112.50 Million	4.81%
Other Components	Rs2.22 Billion	95.19%
Total Equity	Rs2.34 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
Sprint Bioscience AB ST:SPRINT	$48.26 Million
Humpuss Intermoda Transportasi JK:HITS	$48.27 Million
QTC Energy Public Company Limited BK:QTC	$48.27 Million
Vietnam National Seed Group JSC VN:NSC	$48.28 Million
Nan Yang Dyeing & Finishing Co Ltd TW:1410	$48.25 Million
Bizim Toptan Satis Magazalari AS IS:BIZIM	$48.23 Million
Banswara Syntex Limited NSE:BANSWRAS	$48.23 Million
JR HOLDING SA BC ZY -10 F:8JA	$48.20 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 2025 to 2026, total equity changed from 2,160,011,000 to 2,336,826,000, a change of 176,815,000 (8.2%).
Net income of 136,120,000 contributed positively to equity growth.
Other comprehensive income decreased equity by 215,366,000.
Other factors increased equity by 256,061,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs136.12 Million	+5.82%
Other Comprehensive Income	Rs-215.37 Million	-9.22%
Other Changes	Rs256.06 Million	+10.96%
Total Change	Rs-	8.19%

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: 1.91x
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 3.13x to 1.91x 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	Rs39.66	x
2008-03-31	Rs8.24	Rs39.66	x
2009-03-31	Rs10.76	Rs39.66	x
2010-03-31	Rs7.44	Rs39.66	x
2011-03-31	Rs7.80	Rs39.66	x
2012-03-31	Rs9.02	Rs39.66	x
2013-03-31	Rs10.34	Rs39.66	x
2014-03-31	Rs7.70	Rs39.66	x
2015-03-31	Rs7.37	Rs39.66	x
2016-03-31	Rs8.08	Rs39.66	x
2017-03-31	Rs10.11	Rs39.66	x
2018-03-31	Rs4.03	Rs39.66	x
2019-03-31	Rs4.55	Rs39.66	x
2020-03-31	Rs5.76	Rs39.66	x
2021-03-31	Rs7.16	Rs39.66	x
2022-03-31	Rs10.82	Rs39.66	x
2023-03-31	Rs19.63	Rs39.66	x
2024-03-31	Rs20.89	Rs39.66	x
2025-03-31	Rs19.09	Rs39.66	x
2026-03-31	Rs20.77	Rs39.66	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): 5.82%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.92%
• Asset Turnover: 1.12x
• Equity Multiplier: 5.65x
Recent ROE (5.82%) is above the historical average (1.79%), indicating improving 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
2026	5.82%	0.92%	1.12x	5.65x	Rs-97.56 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: $5,206,706,125
Average return on equity (ROE) among peers: 5.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
The Ugar Sugar Works Limited (UGARSUGAR)	Rs2.34 Billion	2.64%	4.65x	$48.25 Million
Avadh Sugar & Energy Limited (AVADHSUGAR)	$10.28 Billion	12.46%	1.78x	$98.63 Million
Bannari Amman Sugars Limited (BANARISUG)	$9.52 Billion	0.11%	1.53x	$476.60 Million
Dalmia Bharat Sugar and Industries Limited (DALMIASUG)	$12.76 Billion	11.06%	2.54x	$295.60 Million
DCM Shriram Industries Limited (DCMSRIND)	$3.65 Billion	11.41%	2.89x	$36.21 Million
Dhampur Sugar Mills Limited (DHAMPURSUG)	$4.85 Billion	6.11%	3.21x	$98.30 Million
Dharani Sugars&Chemicals Limited (DHARSUGAR)	$-757.75 Million	0.00%	0.00x	$3.07 Million
Dwarikesh Sugar Industries Limited (DWARKESH)	$1.21 Billion	-16.05%	4.48x	$87.15 Million
KCP Sugar and Industries Corporation Limited (KCPSUGIND)	$1.58 Billion	4.86%	1.19x	$27.09 Million
Kothari Sugars And Chemicals Limited (KOTARISUG)	$2.58 Billion	16.28%	0.68x	$22.99 Million
Magadh Sugar & Energy Limited (MAGADSUGAR)	$6.39 Billion	7.86%	1.20x	$70.47 Million

About The Ugar Sugar Works Limited

NSE:UGARSUGAR India Confectioners

Market Cap

$48.25 Million

Rs4.46 Billion INR

Market Cap Rank

#22061 Global

#1227 in India

Share Price

Rs39.66

Change (1 day)

+0.05%

52-Week Range

Rs35.36 - Rs50.62

All Time High

Rs134.04