Friday, April 20, 2012

Market Share of Sugar Producing Companies in India


After Brazil India is the largest sugarcane producer in the world. Presently, about 4 million hectares of land is under sugarcane with an average yield of 70 tonnes per hectare. 

While India scores second in sugarcane production, it is the largest producer of sugar including traditional cane sugar sweeteners, khandsari and Gur equivalent to 26 million tonnes raw value. Even in respect of white crystal sugar, India has ranked No.1 position in 7 out of last 10 years. 

Sugar production in India is highly concentrated in the Uttar Pradesh due to abundant supply of raw material in the state. Bajaj Hindustan, India's largest sugar producer is also based out of U.P. 

In India there are many large as well as small players in the industry. But for the sake of calculation of market share we are taking into account only the listed players in sugar space.

Following is the table and pie chart representing the market share of individual companies in the sugar industry.


Companies
Revenue
(Rs. Crore)
Market Share
(by Revenue)
Shree Renuka Sugars
4,685
22%
Bajaj Hindusthan
4510
21%
Triveni Engineering and Industries
2162.22
10%
Balrampur Chini Mills
2056.01
9%
Saraswati Industrial Syndicate
1951.88
9%
Eid parry
1435.5
7%
Dhampur Sugar Mills
1214.7
6%
Sakthi Sugars
1211.03
6%
Mawana Sugars
1200.48
5%
Bannari Amman Sugars Ltd.
1088.4
5%
TOTAL
21515.52

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