Bajaj Hindustan
Bajaj Hindusthan Sugar Limited is an Indian sugar and ethanol manufacturer, part of the Bajaj Group, producing sugar and ethanol from sugarcane across mills in Uttar Pradesh and supplying ethanol to Oil Marketing Companies under India's Ethanol Blending Programme.
- Company typePublic
- Founded1931
- HeadquartersKheri, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Bajaj Hindustan does
Bajaj Hindusthan Sugar Limited is one of India's largest sugar and ethanol manufacturers, founded in 1931 and headquartered in Kheri, Uttar Pradesh, as part of the Bajaj Group conglomerate. The company operates an integrated sugar-ethanol production model across a network of mills in Uttar Pradesh (Pilibhit, Bareilly, Kheri), processing sugarcane into refined/white/raw sugar and C-heavy molasses-derived ethanol. It supplies ethanol directly to Oil Marketing Companies under India's Ethanol Blending Programme (EBP), supporting the government's E20 and higher-blend fuel mandates, while selling sugar into the domestic wholesale market. The company is publicly listed on BSE (ticker: BAJAJHIND) and NSE, employs 10,000+ people, and reported FY26 (year ended March 2026) annual sales of Rs 5,454.76 crore and a return to net profitability of Rs 126.63 crore from a prior-year net loss.
The company's revenue model is structurally split between government-administered ethanol pricing (fixed by OMC procurement rates) and market-determined sugar pricing, leaving it highly exposed to commodity cycles and policy decisions such as sugar export bans and ethanol price revisions. Operational stress has been visible in early 2026: the Pilibhit Sugar Mill and a Pratappur mill were shut down due to cane shortages, with Rs 152.9 crore in unpaid cane dues and district arrears of Rs 220 crore. The company also faces an unresolved SEBI investigation into an alleged Rs 1,189.1 crore fund diversion through related entities (Ojas Industries and Bajaj Power Generation) between FY11 and FY22; the regulator rejected the company's jurisdiction plea in May 2026. The company does not disclose any proprietary technology beyond conventional sugar processing and distillery operations, and there is no evidence of AI/ML, software, or digital product capabilities.
Bajaj Hindustan firmographics
Firmographics- Name
- Bajaj Hindustan
- Legal name
- Bajaj Hindusthan Sugar Limited
- Website
- https://bajajhindusthan.com
- Company type
- Public
- Founded year
- 1931
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Bajaj Hindusthan Sugar Limited is an Indian sugar and ethanol manufacturer, part of the Bajaj Group, producing sugar and ethanol from sugarcane across mills in Uttar Pradesh and supplying ethanol to Oil Marketing Companies under India's Ethanol Blending Programme.
- Ownership category
- akta.pro rank
Bajaj Hindustan industry classification
Industry- Product category
- Sugar and Ethanol Manufacturing
- NAICS
- Cane Sugar Manufacturing (311314), Sugar Manufacturing (31131), Ethyl Alcohol Manufacturing (325193)
- SIC
- Sugar & Confectionery Products (2060)
- akta.pro primary industry
- Cane Sugar (Raw & Refined) (AFAJAAAA)
- akta.pro secondary industry
- Grain & Sugar-Based Ethanol Production (EUAAAHAA)
Keywords
Where Bajaj Hindustan is headquartered
LocationHeadquarters
- HQ city
- Kheri
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Bajaj Hindustan business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D
Bajaj Hindustan product offering
Product offeringCore offering
Bajaj Hindusthan Sugar manufactures refined, white, and raw sugar from sugarcane processing at its mills in Uttar Pradesh, with primary sales into the Indian domestic market. The company also produces ethanol from C-heavy molasses in its distilleries and supplies it to Oil Marketing Companies (OMCs) for blending with petrol under India's Ethanol Blending Programme targeting E20 and higher blends. Sugar and ethanol are the two core, integrated revenue streams, with sugarcane serving as the single primary raw material.
Product overview
Bajaj Hindusthan Sugar operates as an integrated sugar and bio-energy company with a portfolio spanning sugar production (refined, white, and raw sugar) and ethanol manufacturing. The company supplies ethanol to Oil Marketing Companies for India's Ethanol Blending Programme, supporting government mandates of E20 and higher blends. Sugar and ethanol are the core products, with sugarcane serving as the primary raw material processed through the company's mills in Uttar Pradesh.
Differentiator
Problem solved
Functional benefit
Products and services
- Sugar
- Ethanol
Companies that use Bajaj Hindustan
Customer profileSegments1 record
Ideal customer profiles2 records
Bajaj Hindustan technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Bajaj Hindustan partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights4 records
Bajaj Hindustan competitors and assessment
Company assessmentDirect peers
- Uttam Sugar Mills: Mid-sized Indian sugar and ethanol producer with UP operations. Directly comparable on integrated sugar-distillery model and OMC ethanol supply participation.
- Shree Renuka Sugars: Major Indian sugar and ethanol manufacturer with mills in Maharashtra and Karnataka. Comparable on integrated sugar-ethanol model and OMC ethanol contracts, though geographically concentrated in western India.
- Dalmia Bharat Sugar: Integrated sugar and ethanol manufacturer with UP mills. Closely comparable on product mix (sugar + ethanol for OMCs), scale, and exposure to India's EBP programme.
- Triveni Engineering & Industries: UP-based sugar and ethanol producer with both commodity sugar and industrial alcohol (including ethanol for fuel blending) operations. Same regulatory and cane-supply dynamics as Bajaj Hindusthan.
- EID Parry (E.I.D.-Parry India): Murugappa Group sugar company producing sugar, ethanol, and distillery products. Directly comparable on product portfolio and Indian ethanol blending programme participation.
- Dhampur Sugar Mills: UP-based integrated sugar and ethanol manufacturer. Same cane sourcing region, similar scale, and similar exposure to sugarcane farmer relationships as Bajaj Hindusthan.
- Balrampur Chini Mills: One of India's largest integrated sugar and ethanol producers, headquartered in UP. Directly comparable to Bajaj Hindusthan on cane sourcing geography, sugar + distillery mix, and OMC ethanol supply business.
Regional players
- Coromandel International: Indian agri-inputs company with sugar and ethanol adjacencies. Broader agricultural exposure but comparable Indian commodity-cycle dynamics relevant to the sugar business.
Emerging players
- Praj Industries: Engineering and technology supplier that builds ethanol plants and bio-refinery equipment for Indian sugar mills. Adjacent rather than direct — overlaps with Bajaj Hindusthan through the ethanol production value chain.
Others
- Indian Oil Corporation: Largest Oil Marketing Company procuring ethanol under India's EBP. Functions as the primary customer for Bajaj Hindusthan's ethanol output rather than a competitor, but defines the regulatory demand framework the company operates in.
Market position
Strengths4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Bajaj Hindustan financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bajaj Hindustan leadership team
Management profileNumber of profiles
Profiles3 records
Bajaj Hindustan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bajaj Hindustan M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bajaj Hindustan
What does Bajaj Hindustan do?
Bajaj Hindusthan Sugar manufactures refined, white, and raw sugar from sugarcane processing at its mills in Uttar Pradesh, with primary sales into the Indian domestic market. The company also produces ethanol from C-heavy molasses in its distilleries and supplies it to Oil Marketing Companies (OMCs) for blending with petrol under India's Ethanol Blending Programme targeting E20 and higher blends. Sugar and ethanol are the two core, integrated revenue streams, with sugarcane serving as the single primary raw material.
Is Bajaj Hindustan a public or private company?
Bajaj Hindustan is a public company. It is classified as public and is currently operating.
When was Bajaj Hindustan founded?
Bajaj Hindustan was founded in 1931. It employs 5,001 to 10,000 people.
Where is Bajaj Hindustan based?
Bajaj Hindustan is headquartered in Kheri, India, in the Asia region.
Who are Bajaj Hindustan's main competitors?
Direct peers on record are Uttam Sugar Mills, Shree Renuka Sugars, Dalmia Bharat Sugar, Triveni Engineering & Industries, EID Parry (E.I.D.-Parry India), Dhampur Sugar Mills and Balrampur Chini Mills. Coromandel International is listed as a regional player. Praj Industries is listed as an emerging player. Indian Oil Corporation is listed as an others.
Does Bajaj Hindustan have an API?
No public API is recorded for Bajaj Hindustan.
What industry is Bajaj Hindustan in?
Bajaj Hindustan's product category is Sugar and Ethanol Manufacturing. Its primary akta.pro industry code is AFAJAAAA, Cane Sugar (Raw & Refined), with a secondary code of EUAAAHAA, Grain & Sugar-Based Ethanol Production. Its NAICS code is 311314 and its SIC code is 2060.