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KOTARISUG

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About

KOTARISUG

Sugar

40.9

0.00 (0.00%)

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Market Cap342 CrEPS5.4High42.5
Stock P/E7.6Net Profit MarginNALow42.1
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About the Company

Kothari Sugars and Chemicals, incorporated in 1960, is engaged in manufacturing of sugar, industrial alcohol and bio-compost.

Being the flagship company of HC Kothari Group, the company started with initial production of 1250 TCD.  Besides manufacturing of sugar, HC Kothari Group is engaged in business of petrochemicals and safe deposits.

Currently, the company runs three manufacturing facilities located at Tamil Nadu and Karnataka. The company’s manufacturing units have received ISO 9001-2000 and ISO 14001-2004 for quality management system and environmental management system respectively.

The company exports sugar to countries namely Sri Lanka, Indonesia and UAE. Kothari International Trading is a subsidiary of the company.

The company supplies rectified spirit and extra neutral alcohol to major liquor manufacturing/bottling plants. Kothari Sugars also supplies ethanol to major oil companies.

Manufacturing facilities

Kattur Unit- This unit is located in Tamil Nadu and is one of the earliest sugar factories to be set up. Its initial crushing capacity was 1250 TCD, which was later increased to 1500 TCD. Currently its crushing capacity is 2900 TCD. The company has also set up 11 MW captive power plant. It distillery plant has production capacity of 60 KLPD. This plant also manufactures bio-compost.

Sathamangalam Unit- This plant was set up in 2007 and is located in the state of Tamil Nadu. The crushing capacity of the sugar plant is 3000TCD.

Pandavapura Unit- This plant, located in Karnataka, is set up on leased land from Pandavapura Sahakare Sakkare Karkhane.

Together, all three manufacturing plants have a crushing capacity of 10000 TCD.

Green-belt development programme

The company has started green-belt program as a part of its corporate social responsibility initiative that aims at plantation of various types of trees. Till date under this program it has planted over 25000 tress of various varieties such as Teak, Eucalyptus, Aachan, Pungan, Thadasu, Poovarasu, Neer Maruthu, Punnai, Delonix, Mahagani, Cassia, Neem, Rain Tree, Ashoka (Nettilingam), Vaagai, Uthiyan, Maramalli, Nuna, Sivagundalam, Eluppai, Bhauhinia, Arasu, and Vadhanaran among others.

Outlook

Kothari Sugars plans to expand the capacity of its Sathamangalam unit to 5000TCD and will also set up a 22 MW of captive power plant in future.

Parent OrganisationKothari Sugars And Chemicals Ltd.Managing DirectorArjun B Kothari
Founded1960NSE SymbolKOTARISUG