What we do Dhampur Sugar Mills Ltd is an Indian diversified sugar company producing sugar, ethanol, chemicals, co-generated power, and potable spirits with strong integrated operations. |
Founded in 1,933 |
Market share Prominent player in India’s organized sugar industry with expanding ethanol and power segments. |
Problem solved Provides sustainable solutions in sugar production, renewable power from co-generation, ethanol for fuel blending, and potable spirits, addressing energy and agricultural waste utilization. |
Top clients or who we serve Primarily B2B customers including sugarcane farmers, state power utilities, ethanol buyers, and beverage distributors; also B2C for potable spirits. |
Key management Mr. Ashok Kumar Goel (Chairman), Mr. Gaurav Goel (Vice Chairman and Managing Director) with extensive sugar industry expertise and global business education. |
Our journey and innovations Founded in 1933; pioneered private sector surplus power generation; expanded sugar crushing and distillery capacities; introduced sulphurless sugar 'Dhampure'; embraced zero liquid discharge technology. |
Where we operate Operations primarily in Uttar Pradesh and Punjab, India; formerly had subsidiaries in Singapore and diversified presence. |
Top products or what we offer Sugar, ethanol, co-generated power, chemicals, and potable spirits under brands such as 'Dhampure' and 'Mishti by Dhampur'. |
Top brands Dhampure sulphur-less sugar, Mishti by Dhampur potable spirits (whiskey, rum, vodka, gin). |
Raw materials needed Sugarcane, biomass residues for cogeneration, molasses for ethanol and chemicals production. |
Raw materials supplier Local sugarcane farmers and agricultural suppliers in India’s sugar belt. |
Recurring vs cyclical contribution Revenue is cyclical due to seasonal cane crushing but ethanol and power provide more stable, recurring income streams. |
Our industry position One of India's leading sugar producers with strong integration into ethanol and power generation segments. |
Financial highlights FY23-24 revenue approximately ₹2671 crore, PAT ₹133 crore; steady EBITDA margins around 7-9%. |
Geographical revenue split Over 99% revenue from India, focused on Uttar Pradesh and Punjab regions. |
Order book - |
Whats driving growth Increasing ethanol blending mandates, co-generation power sales, expansion in potable spirits, and rising sugar production efficiency. |
Our future plans Capex on grain-based distillery expansion, further capacity increases, potable spirits packaging modernization, and NBFC diversification. |
Our green promise Zero Liquid Discharge distilleries, biomass boilers, and environmental compliance underpin sustainable operations. |
Our people and values Committed workforce with emphasis on employee skill development, diversity, and rural community welfare. |
Key challenges ahead Sugarcane availability fluctuations, price volatility, regulatory changes, and competitive market pressures. |
Interesting facts First private sector sugar unit in India to generate surplus power and supply to the grid; early adopter of zero liquid discharge technology. |
Risks and strategy Mitigates cane pricing risk through diversification into ethanol and power; strategy emphasizes expansion in renewable energy and spirits markets. |
