What we do Simbhaoli Sugars Ltd is an Indian agri-business and FMCG company engaged in sugar production, specialty sugars, alcohol, ethanol, bio-manure, and clean energy. |
Founded in 1,933 |
Market share Leading sugar producer in Western Uttar Pradesh with multiple sugar complexes and diversified product lines. |
Problem solved Provides high-quality sugar products and eco-friendly agricultural inputs addressing food production and environmental sustainability. |
Top clients or who we serve B2B and B2C, serving retail consumers, industrial clients, and farmers across India and some international markets. |
Key management - |
Our journey and innovations Established in 1933; expanded sugar mills, bio-manure production, alcohol brands, and clean energy joints; introduced new sugar refining technologies. |
Where we operate Primarily in Uttar Pradesh and Gujarat, India, with a subsidiary for international trading in Dubai. |
Top products or what we offer Refined sugar, specialty sugars, ethanol, extra neutral alcohol, bio-manure, and non-alcoholic beverages. |
Top brands Xing Vodka, SIPP fruit drinks, SOM Bio-Organic Manure; recognized for quality and innovation in sugar segments. |
Raw materials needed Sugarcane, molasses, biomass, agricultural inputs. |
Raw materials supplier Local farmers and agricultural producers in Uttar Pradesh region. |
Recurring vs cyclical contribution Revenue is mostly cyclical, influenced by sugarcane harvest and commodity prices. |
Our industry position Well-established sugar manufacturer with niche products and presence in clean energy and beverages sectors. |
Financial highlights FY24 consolidated revenue approx. Rs. 1331 crore; net loss of Rs. 12 crore; improving loss trend versus previous years. |
Geographical revenue split Major revenue from Indian operations, particularly Uttar Pradesh; limited international trading exposure. |
Order book - |
Whats driving growth Diversification into ethanol, specialty sugars, bio-manure, and beverage segments; technology upgrades; agricultural programs. |
Our future plans Expand clean energy projects, enhance sugar refining capacity, and strengthen FMCG portfolio. |
Our green promise Bio-manure production and biomass-based power generation contribute to sustainability goals. |
Our people and values Approx. 1450 employees focused on innovation, agricultural support, and sustainable business practices. |
Key challenges ahead Managing cyclical commodity prices, financial restructuring under insolvency process, and operational efficiency. |
Interesting facts One of the earliest sugar plants in Western Uttar Pradesh established during British India in 1933. |
Risks and strategy Facing insolvency resolution with plans to improve financial health through operational turnaround and strategic initiatives. |