Andhra Sugars Share Price

Andhra Sugars Limited is a diversified industrial conglomerate headquartered in Tanuku, Andhra Pradesh. Founded in 1947, the company has evolved from a traditional sugar mill into a multi-product entity with a significant presence in the sugar, chlor-alkali, industrial chemicals, and power generation sectors. Its unique product portfolio includes not only conventional items like sugar, industrial alcohol, caustic soda, and sulphuric acid but also specialty chemicals such as salicylic acid, aspirin, and advanced propellants. The Andhra Sugars share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Andhra Sugars stock price often mirrors shifts in sugar prices, global chemical demand, and investor views on the industrial sector’s growth prospects. Factors such as the pace of capacity expansion, competitive intensity from domestic and international players, raw material cost inflation, and government policies on sugarcane pricing and chemical manufacturing influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Andhra Sugars stock price movements.

Andhra Sugars live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Andhra Sugars live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Andhra Sugars share price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Andhra Sugars Limited Company Fundamentals

a. Company Background

Andhra Sugars Limited was incorporated in 1947. The company’s registered office is located in Tanuku, Andhra Pradesh, India. It was originally established as a sugar manufacturing company, with its first factory at Tanuku. The company’s primary activity involves the production and distribution of sugar, organic and inorganic chemicals, fertilizers, non-conventional power, edible oils, and pharmaceutical ingredients. It has since diversified into a broad range of products, including industrial alcohol, chlor alkali products, aspirin, sulfuric acid, and advanced propellants. Over the decades, the company has expanded its manufacturing capabilities with multiple production facilities across Andhra Pradesh, including plants in Kovvur, Taduvai, Bhimadole, and Guntur. The company also generates power through renewable and non-renewable resources. Andhra Sugars operates through a mix of direct distribution and established dealer networks. It also exports products to international markets. The company has invested in product diversification and brand building, adapting to changing industrial and consumer demands. It operates within India’s growing chemical and sugar sectors, driven by industrialisation and rising demand for specialty products.

b. Product Lines

• Sugar products including Grade S31 and Sugar-Grade M31 for consumer and industrial use

• Industrial alcohol for chemical and pharmaceutical applications

• Chlor alkali products including caustic soda, chlorine, and hydrochloric acid

• Salicylic acid and aspirin (acetylsalicylic acid) for pharmaceutical use

• Sulphuric acid for industrial applications

• Liquid and solid propellants for aerospace applications, including supply to ISRO

• Non-conventional power generation through renewable resources

• Edible oils and hydrogenated oils from the oil seed processing plant in Guntur

• Specialty chemicals including Poly Aluminum Chloride (PAC), super phosphate, and urea phosphate

• Bulk drugs and pharmaceutical ingredients

• Advanced chemicals including monomethyl hydrazine (MMH) and hydroxyl-terminated polybutadiene (HTPB)

c. Company Revenue Model

• Primary revenue from the sale of sugar and industrial chemicals to domestic and international customers

• Volume-driven revenue based on the quantity of sugar, alcohol, and chemicals sold

• Revenue from the Chlor Alkali segment, which includes the sale of caustic soda, chlorine, and related products

• Income from power generation through renewable and non-renewable resources, including sale to state grids

• Revenue from specialty chemicals including salicylic acid and aspirin for pharmaceutical clients

• Income from the supply of advanced propellants and chemicals to government agencies like ISRO

• Revenue from exports to international markets through distribution networks

• Processing fees and service charges from contract manufacturing and custom chemical production

• Seasonal variations in demand for sugar and fertilizers affecting revenue patterns throughout the year

• Government policy changes on sugarcane pricing, chemical manufacturing, and infrastructure spending influencing revenue stability

d. Geographic Presence

• Strong presence across India with manufacturing facilities located at Tanuku, Kovvur, Taduvai, Bhimadole, and Guntur in Andhra Pradesh

• Registered office and headquarters located in Tanuku, Andhra Pradesh

• Extensive distribution network covering major industrial hubs and states across India

• Export presence in international markets through distribution networks

• Focus on expanding capacity and product portfolio across all manufacturing facilities

• Digital platform enabling customer acquisition across domestic and international markets

• Operations primarily concentrated in India, serving domestic markets across all states

e. Key Milestones

• 1947: Incorporated at Tanuku, Andhra Pradesh

• 1966: The Caustic Soda & Chlorine Plant achieved more than 100% capacity utilisation

• 1994: Came out with second public issue of ₹11.30 lac

• 2001: Celebrated Golden Jubilee

• Recent: Supplies rocket propellants to ISRO for space missions

f. Industry Perspective

Andhra Sugars Limited operates in the diversified chemicals and sugar industries. Globally, the specialty chemicals market was valued at approximately USD 600 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5-6% from 2025 to 2030. In India, the chemical industry is a key driver of economic growth. India’s chemical market is currently valued at USD 220 billion and is projected to reach USD 383 billion by 2030, reflecting a CAGR of 8.1% from 2021 to 2030. The Indian sugar industry, on the other hand, is the second-largest producer globally, with annual production of approximately 35-40 million tonnes. The Indian government’s focus on ethanol blending (target of 20% by 2025) has created significant opportunities for sugar companies to diversify into fuel ethanol. The specialty chemicals segment, where Andhra Sugars has a strong presence in salicylic acid and aspirin, is growing at a CAGR of 12-14%. The aerospace propellant market in India is expected to grow at a CAGR of 15-20% over the next decade, driven by increased space missions and defence spending. Key challenges include raw material price volatility (sugarcane, crude oil derivatives), intense competition from domestic and international players, and regulatory changes on chemical manufacturing and sugar pricing.

Andhra Sugars Limited Stock Market Presence: Listings & Index Representation

Andhra Sugars is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol ANDHRSUGAR and on the Bombay Stock Exchange (BSE) with the scrip code 590062. The company’s ISIN number is INE715B01021. Its listing on both exchanges ensures that the Andhra Sugars price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company has been listed on stock exchanges for several decades. The company forms part of several benchmark indices that represent broad market segments. Andhra Sugars is included in indices such as BSE 500, BSE AllCap, BSE SmallCap, BSE Commodities, and Nifty 500 on the NSE. Being represented in multiple indices enhances the visibility and liquidity of the Andhra Sugars stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s chemical and sugar industry landscape. The inclusion of Andhra Sugars in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

Andhra Sugars Limited Stock Performance and Share Price History

The Andhra Sugars price has exhibited significant volatility over the past decade, shaped by the company’s diversification from sugar to specialty chemicals and broader industrial cycles. The Andhra Sugars share price recorded a 1-year total return of approximately 3.5% to 10.25% depending on the source, underperforming the BSE Commodities index which returned 9.2% to 20.1% during the same period. The Andhra Sugars share price delivered a 10-year total return of 10.4% to 11.3%, demonstrating moderate long-term wealth creation. The Andhra Sugars share price reached a 52-week high of ₹86.70 and a 52-week low of ₹65.10, indicating a wide trading range and substantial price fluctuations of approximately ₹21 from peak to trough. The Andhra Sugars share price recorded a strong rally in 2021, delivering a substantial positive annual return of 110.4%, while the subsequent period has seen the Andhra Sugars stock price correct significantly from its peak levels. The Andhra Sugars share price has shown a 1-month return of approximately -5.2% to 0.4% and a 3-month return of -7.9% to 1.2% as of April 2026, indicating recent consolidation.

The Andhra Sugars price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a strong recovery in profitability in recent quarters, the Andhra Sugars stock price showed a positive reaction. The Andhra Sugars share price has shown a pattern of positive momentum in years when the company’s earnings exceeded expectations, while periods of earnings moderation or concerns over regulatory headwinds have contributed to consolidation in the Andhra Sugars stock price. Corporate developments, including strategic announcements such as the supply of propellants to ISRO, the temporary suspension of sugar operations at certain plants, and the permanent closure of the Tanuku sugar plant, have also influenced short-term fluctuations in the Andhra Sugars share price. The Andhra Sugars share price has shown a 5-year total return of 2.5% to 4.5% according to some sources, while others indicate a 5-year CAGR, reflecting the volatility in the stock. The Andhra Sugars share price has shown a 10-year aggregate net profit of ₹1,221.85 crore, reflecting the company’s sustained profitability over the long term. The Andhra Sugars share price reached its 52-week high of ₹86.70 before declining to its 52-week low of ₹65.10, reflecting the volatility inherent in the commodity chemicals space. The Andhra Sugars share price has shown a year-to-date return of approximately -6.2% to -1.0% as of April 2026, indicating pressure in the current fiscal year. Comprehending these patterns in the Andhra Sugars price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Andhra Sugars stock price movements illustrate how industry fundamentals, raw material cycles, and investor expectations converge in market pricing.

The Andhra Sugars price has shown distinct seasonal patterns over the past decade. In terms of annual performance, the Andhra Sugars share price delivered its strongest annual return of 110.4% in 2021, followed by a positive return of 112.93% in 2020 according to market cap data. The stock recorded negative annual returns in 2025 (-22.3%), 2024 (-13.6%), 2023 (-16.4%), 2022 (-1.3%), and 2019 (-13.4%). The Andhra Sugars price has demonstrated that the stock tends to perform better in periods of strong chemical demand and favourable sugar pricing, while underperforming during phases of input cost inflation and intense competition.

Andhra Sugars Limited Investor Relevance and Role in Portfolio

Andhra Sugars holds a significant position for portfolio investors who seek exposure to India’s diversified industrial sector with a focus on specialty chemicals. The company’s transformation from a traditional sugar mill to a multi-product chemical manufacturer with high-value applications in aerospace aligns it with investment strategies that value diversification and niche capabilities. The Andhra Sugars price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor chemical pricing trends, ISRO contract announcements, and capacity expansion metrics when evaluating allocation decisions.

Institutional stakeholders play a significant role in Andhra Sugars’ ownership profile, with notable long term investment entities such as Dimensional Fund Advisors LP among key shareholders identified in institutional holdings data. Mutual fund holders of Andhra Sugars include Dimensional Emerging Markets Value Fund and other funds as per shareholding data. As of December 2025, promoters hold 50.49% of the company, Mutual Funds hold 0%, Insurance companies hold 0%, Foreign Institutional Investors (FIIs) hold 2.69%, Domestic Institutional Investors (DIIs) hold 0%, and Retail holds 46.81% of Andhra Sugars. Promoters have increased holdings from 49.94% to 50.49% in the December 2025 quarter. FII/FPI holdings remain stable at 2.69%, while retail holdings decreased from 47.52% to 46.81% over the same period. These investors represent a blend of domestic and institutional perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

The beta analysis of Andhra Sugars across multiple time periods highlights its changing volatility in relation to the overall market. Based on data, the 5-year monthly beta stands at approximately 0.70 to 0.81, indicating that the stock is generally less volatile than the broader market over an extended period. In short-term analysis, beta values over the 1-month range of 1.33 show higher sensitivity to recent market fluctuations, while the 3-month range indicates moderate responsiveness. Based on data from Fintel, the beta is 0.46. Based on data from Business Today, the beta is 0.81. Based on data from Economic Times, the beta is 1.3259. The stock’s weekly volatility of approximately 4% has been stable over the past year, while its three-month price volatility is lower. The average weekly movement of Andhra Sugars stock is approximately 4%, compared to the chemical industry average of 5-6% and the market average of 5-6%, indicating lower volatility than both its industry and the broader market. The daily price range percentages indicate moderate intra-period volatility. The Andhra Sugars share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Andhra Sugars stock price’s beta reflects that the company’s diversified business model and established market position may provide some stability, though the industrial chemicals sector remains sensitive to raw material cost fluctuations and government policy cycles.

Andhra Sugars Limited Sectoral Relevance and Peer Positioning

The sector relevance of Andhra Sugars is anchored in its role within the broader Indian diversified chemicals and sugar industry, where it competes with other manufacturing companies. As part of this industry, the company’s strategic positioning connects sugar, industrial chemicals, and specialty chemicals to downstream industries including pharmaceuticals, agriculture, and aerospace. Competitors in the diversified chemicals and sugar segment include companies such as Pidilite Industries Limited, SRF Limited, Solar Industries India Limited, Linde India Limited, Tata Chemicals Limited, Deepak Fertilisers and Petrochemicals Corporation Limited, Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC), and other players. Firms with parallels in either product portfolio scale or specialty chemical capabilities are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Andhra Sugars P/E ratio have shown variations over different periods. The mean historical P/E ratio over the last ten years has varied, with the current P/E ratio of approximately 11.3 to 12.0 times representing a 43-50% discount to its peers’ median range of 21.13 to 22.61 times. The Andhra Sugars P/E ratio has shown fluctuations over the past several years, with the ratio at 12.01 in April 2026, 14.90 in January 2026, 17.42 in March 2023, and lower levels of 5.85 in earlier periods, reflecting changing investor perceptions of the company’s earnings potential.

Similarly, the Andhra Sugars EPS narrative has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from diversification into specialty chemicals and high-value products like propellants supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material inflation and softer demand phases have moderated EPS momentum. Andhra Sugars earnings have shown a trajectory that responded to both revenue growth and margin pressures over the analysed period. Andhra Sugars market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving chemical market.

Over the last ten years, the market capitalisation of Andhra Sugars has followed a pattern of significant growth followed by moderation. From fiscal year 2015 onwards, the company’s market cap showed an increasing trend, reflecting strong investor confidence during the industrial chemicals boom. The market cap increased from ₹378.17 crore in 2015 to ₹564.58 crore in 2016 (+49.29%), ₹1,435.58 crore in 2017 (+154.28%), and reached a peak of ₹1,810.40 crore in 2021 (+112.93%). Subsequently, from fiscal year 2022 through the most recent period, the market cap has shown a declining trend, contracting to ₹1,786.93 crore in 2022 (-1.30%), ₹1,494.58 crore in 2023 (-16.36%), ₹1,286.72 crore in 2024 (-13.91%), ₹1,014.90 crore in 2025 (-21.13%), and further to approximately ₹958-1,013 crore as of April 2026. This decrease mirrors the correction in the Andhra Sugars share price and the broader underperformance of the commodity chemicals sector relative to broader market indices.

The earnings history of Andhra Sugars over the past five years (FY2021 to FY2025) has been characterised by a period of growth followed by significant moderation. Net income showed a generally increasing trend from 2021 to 2022, with reported net profit rising from ₹141.29 crore in FY2021 to ₹245.54 crore in FY2022 (+73.8%), and ₹190.57 crore in FY2023 (-22.4%). Subsequently, earnings have shown a sharp moderating trend, with net profit decreasing to ₹76 crore in FY2024 (-60.1%) and further to ₹26.57 crore in FY2025 (-65.0%). For the trailing twelve months, net profit stands at approximately ₹84 crore, showing some recovery from FY2025 levels. Quarterly performance in Q3 FY26 showed a PAT of ₹22.33 crore, a 31.66% decline year-on-year. Total income in Q3 FY26 stood at ₹636.27 crore, up 5.29% sequentially. This recent earnings moderation reflects the impact of demand normalization, increased competitive intensity, and raw material cost pressures on the company’s profitability.

The Earnings Per Share (EPS) history for Andhra Sugars has shown significant variation over the past decade. The diluted EPS growth rate has shown variation, with EPS at ₹49.79 in FY2021 (adjusted for pre-split values), ₹17.87 in FY2022, ₹13.72 in FY2023, ₹5.54 in FY2024, and ₹1.91 in FY2025. The current TTM EPS stands at approximately ₹6.80 to ₹8.11 depending on the source. Over a ten-year period, the company demonstrated strong EPS performance in earlier years followed by a significant decline. The highest EPS was recorded in FY2021 at ₹49.79, while recent quarters have shown a recovery with EPS of ₹1.65 in Q3 FY26.

Andhra Sugars Limited P/E History

The Price-to-Earnings (P/E) ratio history of Andhra Sugars has shown fluctuations over the ten-year period. At the end of recent fiscal years, the P/E ratio varied, with 2019 at 2.38, 2020 at 4.98, 2021 at 8.58, 2022 at 7.89, 2023 at 16.73, 2024 at higher levels, and recent data at 11.3-12.0. The mean historical P/E ratio over the last ten years has been around 8-10 times. The current P/E ratio stands at a discount to the industry peer median of 21.13-22.61 times, reflecting that investor expectations are adjusting to near-term earnings headwinds. The Andhra Sugars share price has been influenced by these valuation metrics. The Andhra Sugars stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Andhra Sugars is a diversified industrial and specialty chemicals company in India listed on both the NSE and BSE, where the Andhra Sugars share price reflects industrial demand cycles, raw material cost dynamics, and niche capabilities within the chemical sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader industrial manufacturing themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s chemical and sugar industry.