What we do Vishwaraj Sugar Industries Ltd is an integrated manufacturer of sugar, ethanol, power, Indian Made Foreign Liquor, and vinegar based in Karnataka, India. |
Founded in 1,995 |
Market share Operates in a high recovery sugar zone recognized by the Government of India with a strong regional presence. |
Problem solved Provides sustainable sugar production, ethanol for fuel, power generation, and diversified alcoholic beverages addressing energy and agro-product demands. |
Top clients or who we serve Supplies sugar, ethanol, power to industrial and energy sectors; serves B2B and B2C segments including beverage consumers and power utilities. |
Key management Nikhil Katti (Managing Director), Kush Katti, Sneha Nitin Dev, Mallikarjun Kadayya Pujar (Whole-Time Directors) |
Our journey and innovations Founded in 1995, expanded into distillery (2001), co-generation and sugar segments (2006), IML (2008), vinegar (2016), with ongoing capacity expansions in ethanol and sugar. |
Where we operate Primarily operates in Karnataka, India with power exported to regional electricity supply companies. |
Top products or what we offer Sugar, ethanol, co-generated power, Indian Made Foreign Liquor, vinegar produced at integrated facilities. |
Top brands - |
Raw materials needed Sugarcane is the primary raw material for sugar, ethanol, power, and allied products production. |
Raw materials supplier Local sugarcane farmers and suppliers in Belgaum District and surrounding agricultural areas. |
Recurring vs cyclical contribution Revenue is largely cyclical, dependent on sugarcane harvest and commodity prices, with some recurring power and ethanol sales. |
Our industry position Key regional player in sugar and allied segments within one of India's 'High Recovery' zones. |
Financial highlights FY 2024-25 revenue Rs. 453.92 crore; Net loss of Rs. 37.02 crore; EBITDA Rs. 19.32 crore; capacity expansions underway. |
Geographical revenue split Revenue primarily from Karnataka with power sales to regional electricity companies; no significant exports. |
Order book - |
Whats driving growth Capacity expansions in sugarcane crushing and ethanol production, government incentives for ethanol blending, and power generation drive growth. |
Our future plans Ethanol capacity to increase to 250 KLPD by Nov 2025; ongoing investments in sugar and power segments. |
Our green promise Utilizes renewable energy from bagasse-based power generation; energy conservation measures in sugar processing. |
Our people and values Led by experienced directors with focus on technical excellence and sustainability; employee relations stable and cordial. |
Key challenges ahead Volatile commodity prices, weather dependency of sugarcane crops, and financial losses pose challenges. |
Interesting facts Produces bacteria-free sugar using innovative technology; power plant exports surplus renewable energy to multiple regional utilities. |
Risks and strategy Mitigates agrarian risks via diversification into power and ethanol; focuses on capacity growth to improve scale and profitability. |
