Magadh Sugar & Energy

What Magadh Sugar & Energy does

Magadh Sugar & Energy Limited is an Indian public-listed sugar and energy manufacturer incorporated in 2015 as part of the K.K. Birla Group's restructuring of its sugar vertical. The company operates three sugar mills in Bihar — New Swadeshi Sugar Mills (Narkatiaganj), Bharat Sugar Mills (Sidhwalia), and Hasanpur Sugar Mills (Hasanpur) — producing white crystal cane sugar as its core product, with corporate headquarters at Birla Building, Kolkata. Its core technology is vertically integrated sugar manufacturing: sugarcane is crushed to extract sugar and generate bagasse, bagasse is burned to co-generate renewable electricity (group capacity 112 MW), molasses is fermented and distilled into ethanol and industrial alcohol (group capacity 260 KLPD across five distilleries), and spent wash is processed into branded organic bio-compost fertiliser ('Uttam Jaivik Khad', 'Oudh Shakti Jaivik Khad').

The company makes money through four revenue streams: (1) wholesale and retail sugar sales across India, (2) ethanol sales to oil marketing companies under the government-mandated Ethanol Blended Petrol program, (3) surplus power sales to the Uttar Pradesh and Bihar state electricity grids, and (4) bio-compost sales. Pricing for sugar and ethanol is materially influenced by government regulation and the cyclical nature of Indian sugar economics. Raw material procurement is anchored by direct relationships with over 321,000 sugarcane farmers across Uttar Pradesh and Bihar, supported by demonstration camps, technical seminars, and subsidised seed distribution. The group as a whole directly employs approximately 6,000 workers and provides indirect employment to an estimated 10,000 people.

FY2026 standalone revenue was Rs 1,249 crore (down 5.8% from Rs 1,323 crore in FY2025), with standalone net profit of Rs 63 crore versus Rs 109 crore the prior year. The company maintained a Rs 12.50 per share final dividend with a 28% payout ratio, and is led by chairman Chandra Shekhar Nopany as part of the broader K.K. Birla Group, which has operated in Indian industry since 1932. Sister listed entities include Avadh Sugar & Energy, Upper Ganges Sugar & Industries, Palash Securities, and Ganges Securities; Magadh itself holds no disclosed subsidiaries.

Name

Magadh Sugar & Energy

Legal name

Magadh Sugar & Energy Limited

Website

https://birla-sugar.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Magadh Sugar & Energy, a listed K.K. Birla Group company, operates three Bihar sugar mills producing white crystal cane sugar, ethanol, bagasse-based renewable power, and branded bio-compost, selling to wholesale sugar buyers, oil marketing companies, and state electricity grids.

Ownership category

akta.pro rank

Product category

Sugar Manufacturing

NAICS

Cane Sugar Manufacturing (311314), Sugar Manufacturing (31131), Distilleries (312140)

SIC

Sugar & Confectionery Products (2060)

akta.pro primary industry

Cane Sugar (Raw & Refined) (AFAJAAAA)

akta.pro secondary industries

Grain & Sugar-Based Ethanol Production (EUAAAHAA), Fermentation Substrates & Sugars (Molasses, Glucose Syrups, Lactose, Malt Extract) (AFAJAJAI), Sugar & Sweeteners Trading/Wholesale (AFAIAKAB)

Keywords

• Sugar manufacturing
• Ethanol production
• Bagasse cogeneration
• Bio-compost fertilizer
• Sugarcane processing

Headquarters

HQ city

Sitapur

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Revenue model

1. Sugar Sales: Production and sale of white crystal cane sugar through seven manufacturing units. Sugar is the primary revenue driver.
2. Ethanol and Industrial Alcohol: Ethanol production from molasses for fuel blending (5% mandatory blending) and industrial alcohol sales. The group has distilleries with aggregate capacity of 260 KLPD.
3. Power Co-generation: Surplus power generated from bagasse is sold to UP and Bihar state grids. The group has combined power generation capacity of 112 MW.
4. Bio-compost Sales: Organic fertilizer produced from spent wash and press mud, marketed under brand names 'Uttam Jaivik Khad' and 'Oudh Shakti Jaivik Khad'.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Magadh Sugar & Energy manufactures and sells white crystal cane sugar from three sugar mills in Bihar under the K.K. Birla Group of sugar companies. It also produces molasses-derived industrial alcohol and ethanol from its 260 KLPD distillery capacity, generates renewable electricity from bagasse cogeneration (112 MW combined capacity), and markets bio-compost organic fertilizer. The operations are vertically integrated, with by-products from sugar manufacturing feeding ethanol distillation, power generation, and fertilizer production.

Product overview

Magadh Sugar & Energy Limited is part of the K.K. Birla Group of Sugar Companies, operating three sugar mills in Bihar (New Swadeshi Sugar Mills, Bharat Sugar Mills, and Hasanpur Sugar Mills) with integrated manufacturing operations. The company produces white crystal cane sugar as its core product, alongside diversified revenue streams from by-products including Molasses (used for Industrial Alcohol/Ethanol production), Bagasse (for co-generation of renewable energy), and Bio-Compost (organic fertilizer). The manufacturing operations are vertically integrated, where sugarcane crushing produces sugar and bagasse; bagasse generates power; molasses feeds distilleries producing ethanol; and spent wash from distillation creates organic fertilizer. This integrated model maximizes resource utilization across the sugar manufacturing cycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Sugar (White Crystal Cane Sugar)

Quantifiable outcome

• 47,000 tonnes of sugarcane crushed per day across seven factories
• +2 more outcomes

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• 321,000 Farmers (Sugarcane Suppliers)coreOthersThe group purchases sugarcane from over 321,000 farmers across Uttar Pradesh and Bihar, representing a critical supplier partnership for raw material procurement. The company supports farmers through demonstration camps, technical seminars, subsidized seeds, and research into high-yielding sugarcane varieties.

Scale indicators6 records

Recent moves2 records

Expansion highlights4 records

Direct peers

• Dhampur Sugar Mills: Listed Indian sugar company with integrated sugar, ethanol, and power operations in UP. Direct comparable on product portfolio, geographic footprint, and revenue mix.
• EID Parry (India): Murugappa Group's sugar and ethanol producer with integrated sugar mills and distilleries across South and East India. Comparable product portfolio (sugar, ethanol, co-generation) though geographically distinct.
• Triveni Engineering & Industries: Major Indian sugar and ethanol producer with integrated sugar mills, distilleries, and co-generation plants concentrated in UP. Comparable scale and product mix to Magadh, including significant ethanol blending program exposure.
• Avadh Sugar & Energy: Direct sister-company within the K.K. Birla Group with overlapping sugar, ethanol, and co-generation operations across UP and Bihar. Listed separately on Indian exchanges with substantially the same business model and parent backing.
• Balrampur Chini Mills: One of India's largest integrated sugar producers with significant distillery and co-generation capacity in UP. Closely comparable to Magadh in product mix (sugar, ethanol, power) and North-Indian geographic footprint.
• Dalmia Bharat Sugar & Industries: Listed Indian sugar and ethanol producer part of the Dalmia Group, with integrated sugar, distillery, and co-generation operations in UP. Closely comparable to Magadh on integrated model and North-Indian footprint.
• Upper Ganges Sugar & Industries: K.K. Birla Group sister company with sugar and ethanol operations in UP. Effectively a direct peer within the same corporate family, sharing group-level resources and cane procurement networks.
• Shree Renuka Sugars: Large Indian sugar producer with sugar mills, distilleries, and co-generation across multiple states. Comparable in vertical integration and ethanol exposure, though somewhat larger and more geographically diversified than Magadh.
• Bajaj Hindusthan Sugar: Largest sugar producer in India by capacity, with substantial distillery operations in UP. Comparable vertically integrated model though materially larger scale than Magadh.
• Uttam Sugar Mills: Indian integrated sugar producer with mills in UP and Uttarakhand, plus distillery and co-generation operations. Comparable scale and product mix to Magadh's Bihar/UP-focused operations.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magadh Sugar & Energy