₹ 78.07 -0.52 (-0.66%)
- NSE
- BSE
Overview
- BSE Code 590062
- NSE Symbol ANDHRSUGAR
- ISIN Demat INE715B01021
- Book Value (₹) 98.38
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 1,126.84
- P/E (TTM) 22.47
- EPS (TTM) 3.70
- Div Yield (%) 0.96
Performance
Corporate Actions
The Andhra Sugars Limited - General Updates
Apr 09, 2025The Andhra Sugars Limited has informed the Exchange about General Updates
About Andhra Sugars Ltd
Andhra Sugars,incorporated in 1947, is engaged in the manufacture and sale of sugar,Organic and Inorganic Chemcials.Edible & Non-Edible Vegetable Oils and Non-Conventional Power Generation at Tanuku,Kovvur,Guntur,Taduvai,Saggonda and Ramagiri in Andhra Pradesh.
The Tanuku plant manufactures 5000 TCD of Sugars and Taduvai plant 2500 TCD. Its by-product Molasses which is the raw material for Sugar is being produced @ 15 KL per day capacity in the initial stage in the Alcohol plant at Tanuku. Later this was increased to 30 KL per day.Bagasse is being used for Co-generation of Electricity.
The Caustic Soda plant is having production capacity of about 112,000 MT per annum. The by-products for Caustic Soda plants are Hydrogen and Chlorine. The production capacities of Caustic Soda at Saggonda plant were increased from 100 TPD to 175 TPD to meet the future demand for Caustic Soda and other Chloro-alkali Industry products. Andhra Sugars also operates 2.025 MW Wind power at Ramagiri and a Co-generation power plant at Taduvai. Since the company owns 2 Caustic Soda plant where Electricity is the raw material along with salt,it is necessary to have access to power at economical costs.
In 1994, the company came out with the second public issue of Rs. 11.30 lac. The company modernised the plant to incorporate the DCDA process in its sulphuric acid plant and commissioned an aspirin granulation plant built with indigenous technology.
A sulphuric acid plant of 250 tpd was created and deployed at the new chemical complex at Saggonda. It came out with a rights issue of NCDs to part-finance the project. In Feb, 2000 and Feb, 2001 the company as per its Letter of Offer redeemed the first and second installement of NCD. JOCIL, Andhra Farm Chemicals Corporation and Hindustan Allied Chemicals are the subsidiaries of the company.
The company has been selected by ISRO for setting up a plant for the manufacture of HTPB. This plant is expected to be commissioned in the current financial year.
Founded | : 1947 |
Chairman | : P Narendranath Chowdary |
Managing Director | : P Narendranath Chowdary |
Address | : Venkatarayapuram, Tanuku, West Godavari, Andhra Pradesh, 534215, |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)