What we do Kesar Enterprises Ltd produces sugar, spirit, ethanol, and bagasse-based power in Uttar Pradesh. It also undertakes real estate development in Mumbai. |
Founded in 1,933 |
Market share A longstanding player in Uttar Pradesh's sugar and power sectors facing competitive challenges due to pricing and supply issues. |
Problem solved Provides sugar, alcohol, and renewable power, addressing energy and agricultural processing needs in the region. |
Top clients or who we serve Supplies sugar and power mainly to industries and utilities; spirit products target domestic markets. B2B and B2C segments involved. |
Key management Harsh R Kilachand, Chairman & Managing Director with extensive industry experience. |
Our journey and innovations Incorporated in 1933, diversified into power cogeneration in 2012, and real estate development since 1999. |
Where we operate Primarily operates in Uttar Pradesh with real estate projects in Mumbai, Maharashtra. |
Top products or what we offer Sugar, industrial alcohol, ethanol, country liquor, and bagasse-based power generation. |
Top brands - |
Raw materials needed Sugarcane and molasses are primary raw materials. |
Raw materials supplier Local sugarcane farmers and suppliers in Uttar Pradesh. |
Recurring vs cyclical contribution Revenue is largely cyclical, dependent on sugarcane harvests and market conditions. |
Our industry position Facing challenges from high cane prices and low sugar prices; competitive in UP sugar and power sectors. |
Financial highlights FY 2024-25 loss of ₹72.62 Crores; past years saw profitability. Revenue primarily from sugar and power segments. |
Geographical revenue split Mostly from Uttar Pradesh operations; some income from Maharashtra real estate activities. |
Order book - |
Whats driving growth Growth constrained by cane price policies and power tariffs; expected improvement with industry stabilization. |
Our future plans Resumption of full sugarcane crushing and cogeneration aligned to seasonal cycles; real estate projects ongoing. |
Our green promise Bagasse-based power cogeneration contributes to renewable energy goals. |
Our people and values Focus on compliance, governance and sustained employee engagement. |
Key challenges ahead High input costs, regulatory challenges, and competition causing operational and financial stresses. |
Interesting facts Established in 1933; one of UP's older sugar manufacturers with diversified business lines. |
Risks and strategy Facing risks from regulatory and market volatility; mitigating via operational efficiencies and real estate diversification. |
