Indian Sucrose Share Price Target 2025, 2026, 2030, 2040, 2050
Indian Sucrose makes sugar and its related products like molasses and bagasse byproducts of sugarcane processing, and also produces electricity. It was first set up with the help of Punjab Agro Industries Corporation and Mukerian Papers Ltd, and later became part of the Yadu Corporation. The company’s main factory is in the Hoshiarpur district of Punjab and can crush 9000 tonnes of sugarcane each day. Besides making sugar, it also produces about 22 megawatts (MW) of electricity, and around 6 MW of this extra power is sent to the state electricity boards.
- 1 What is Indian Sucrose Ltd NSE: INDSUCR?
- 2 Share Price Target Tomorrow
- 3 Indian Sucrose share price Target 2025
- 4 Indian Sucrose share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Indian Sucrose share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy Indian Sucrose stock?
- 12 Indian Sucrose earnings results
- 13 Is Indian Sucrose stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Indian Sucrose Ltd NSE: INDSUCR?
Indian Sucrose is an indian company established in 1990. It is located in Mukerian, Punjab, and is owned by the Yadu Corporation group. The company mainly makes and sells sugar and other sugar-related products like molasses, bagasse. It also makes jams, sauces, drinks, both alcoholic and non-alcoholic, medicines, and farm products such as sugarcane and sugar beet. In the year 2023–24, the company earned ₹528.62 crore and made a profit of ₹32.74 crore. It had a good return on investment and a stable balance between debt and equity.
The stock’s past performance is positive, as it showed very good movement in the stock market. But at the current time, the stock is in a range. From 2021 to 2024, the stock showed a very good rally, but after reaching its all-time high in 2024, the stock fell till now. So, for buying the stock, you should wait for now.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -3 | +7 |
At the start of the company, it built a factory in Punjab to make white crystal sugar. The factory was first set up with a capacity to crush 2500 tonnes of sugarcane per day, and it was planned so that this capacity could be increased up to 12,000 tonnes in the future. Right now, the factory can crush 9000 TCD. The factory also has some extra facilities, it produces up to 40 megawatts of electricity using cogeneration, which means generating power while making sugar. In 2025, its share price target would be ₹140.25, as per our analysis.
By our prediction, its share price would be between ₹71.45 to ₹140.25 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 71.45 | 140.25 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 97.60 | 119.85 |
February | 81.00 | 103.90 |
March | 79.00 | 106.90 |
April | 95.05 | 98.90 |
May | 76.44 | 109.14 |
June | 73.51 | 113.57 |
July | 71.45 | 116.54 |
August | 77.64 | 120.57 |
September | 87.64 | 129.64 |
October | 93.67 | 133.64 |
November | 115.47 | 137.33 |
December | 120.64 | 140.25 |
It has been making regular profits and uses its resources well, but its sales growth is slow, and it doesn’t give any dividends to its shareholders. The share price is lower than the value of its assets, which might mean it’s undervalued, but it is growing slowly than many other sugar companies. The company works efficiently, but its ups and downs in performance and no returns to investors make it a careful choice for investment. In 2026, its share price target would be ₹201.25, as per our prediction.
Its share price would be between ₹120.64 and ₹201.25 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 120.64 | 201.25 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 120.64 | 143.65 |
February | 124.57 | 148.34 |
March | 127.28 | 152.36 |
April | 126.68 | 158.11 |
May | 131.25 | 161.65 |
June | 134.47 | 164.62 |
July | 137.24 | 170.65 |
August | 142.84 | 178.66 |
September | 152.58 | 183.54 |
October | 166.64 | 185.66 |
November | 171.15 | 198.31 |
December | 180.64 | 201.25 |
The government’s Fair and Remunerative Price (FRP) rule makes sure farmers get a minimum price for their sugarcane. This can lower the company’s profits if sugar prices in the market go down. There are also other rules, like limits on sugar exports, how much sugar can be stored, and targets for mixing ethanol with fuel, which make the business more unpredictable. The company has stayed flexible and adjusted to these changing rules, while also working for better policies to help the industry. It also follows important rules about the environment, worker safety, and labour laws. In 2027, its share price target would be ₹270.45, as per our analysis.
By our prediction, its share price would be between ₹180.64 to ₹270.45 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 180.64 | 270.45 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 180.64 | 203.51 |
February | 184.42 | 209.65 |
March | 187.50 | 214.58 |
April | 190.68 | 220.66 |
May | 198.15 | 234.28 |
June | 205.64 | 240.84 |
July | 210.25 | 243.58 |
August | 218.66 | 250.68 |
September | 220.48 | 253.64 |
October | 224.37 | 261.68 |
November | 230.56 | 263.66 |
December | 239.66 | 270.45 |
Indian Sucrose is working hard for the environment and helping people in the community. The company uses bagasse, which is the leftover part of sugarcane, to make clean energy. This helps them use less oil and gas and keeps the air cleaner. They also try to save water and use fewer chemicals when making sugar. The company also helps with schools, hospitals, and village projects in the Gurdaspur area. They work with local people to make life better and create more jobs. These good actions help the company build trust with the people and the government. In 2028, its share price target would be ₹, as per our prediction.
Its share price would be between ₹239.66 and ₹337.41 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 239.66 | 337.41 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 239.66 | 274.65 |
February | 244.84 | 279.32 |
March | 250.32 | 284.62 |
April | 257.38 | 288.35 |
May | 268.51 | 291.58 |
June | 273.55 | 294.25 |
July | 270.58 | 298.33 |
August | 282.35 | 308.31 |
September | 288.54 | 312.57 |
October | 294.25 | 320.68 |
November | 309.54 | 327.24 |
December | 318.33 | 337.41 |
The company has become well-known in North India, especially in Punjab, because it is close to sugarcane farms. Its strong presence in the region and good relationships with local farmers help it to get a continuous supply of sugarcane and run smoothly. The company also benefits from government programs that help rural businesses, which makes it stronger in the market. Its ability to keep costs low and manage its supply chain well helps it grow and compete in both local and foreign markets. In 2029, its share price target would be ₹406.84, as per our analysis.
By our prediction, its share price would be between ₹318.33 and ₹406.84 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 318.33 | 406.84 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 318.33 | 340.66 |
February | 321.64 | 347.52 |
March | 325.67 | 353.84 |
April | 330.64 | 357.50 |
May | 339.61 | 360.66 |
June | 343.87 | 366.52 |
July | 340.25 | 370.74 |
August | 347.35 | 381.33 |
September | 351.74 | 383.54 |
October | 360.64 | 388.64 |
November | 374.64 | 392.14 |
December | 381.66 | 406.84 |
The company works closely with farmers, guiding them on crops, improving farming methods, and using good-quality seeds to increase both the amount and quality of their harvest. They make sure farmers get paid on time and help them during the harvest, which helps build trust and long-lasting loyalty. The company also keeps in touch with employees, investors, customers, and regulators. This way of working helps the business run smoothly and supports the growth of local communities, especially in rural areas where sugar farming is important. In 2030, its share price target would be ₹480.58, as per our prediction.
Its share price would be between ₹381.66 and ₹480.58 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 381.66 | 480.58 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 381.66 | 409.55 |
February | 385.64 | 413.54 |
March | 387.66 | 417.41 |
April | 391.27 | 421.74 |
May | 397.33 | 428.32 |
June | 400.67 | 431.57 |
July | 414.35 | 436.47 |
August | 420.48 | 442.74 |
September | 428.64 | 451.28 |
October | 434.25 | 460.87 |
November | 451.11 | 473.54 |
December | 457.45 | 480.58 |
In recent times, the comapny started using new technologies to improve its work. The company is also looking for better ways to save energy and treat waste to follow environmental rules. Its advanced testing labs and real-time checks fulfil both local and export standards. In the future, the company plans to invest more in data analysis, weather forecasts, and farmer support to manage supply changes and improve production. In 2040, its share price target would be ₹970.66, as per our analysis.
By our prediction, its share price would be between ₹857.74 and ₹970.66 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 857.74 | 970.66 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 857.74 | 880.45 |
February | 861.24 | 884.74 |
March | 868.70 | 890.63 |
April | 872.64 | 893.74 |
May | 874.25 | 897.63 |
June | 878.34 | 910.57 |
July | 886.74 | 918.56 |
August | 893.68 | 928.64 |
September | 898.74 | 938.54 |
October | 908.67 | 945.87 |
November | 919.64 | 967.87 |
December | 929.47 | 970.66 |
The board of directors and management team handle the company and keep track of its progress. They focus on running the company efficiently, controlling costs, and making sure it stays successful in the long term. This has helped the company manage the changing nature of the sugar industry. The management also works closely with local farmers, government officials, and industry groups. The company values honesty and good management. In 2050, its share price target would be ₹1588.66, as per our prediction.
Its share price would be between ₹1467.84 and ₹1588.66 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 1467.84 | 1588.66 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1467.84 | 1491.58 |
February | 1477.65 | 1500.68 |
March | 1488.64 | 1510.41 |
April | 1493.58 | 1517.14 |
May | 1497.27 | 1521.68 |
June | 1500.74 | 1527.45 |
July | 1511.84 | 1531.58 |
August | 1517.65 | 1538.64 |
September | 1524.36 | 1543.78 |
October | 1529.74 | 1558.84 |
November | 1539.67 | 1568.64 |
December | 1547.64 | 1588.66 |
Should I buy Indian Sucrose stock?
The company makes sugar and other products like molasses and electricity, and has been making regular profits. But it’s growing slower than some other companies in the sugar business and doesn’t pay dividends to its shareholders. The stock has been a bit down, but the company’s focus on being eco-friendly, running things efficiently, and working closely with local farmers could help it grow over time. If you’re okay with holding the stock for a while, it could increase slowly.
Indian Sucrose earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 532 | 431 | 443 | 452 | 529 | 494 |
Expenses + | 481 | 378 | 384 | 387 | 459 | 426 |
Operating Profit | 51 | 53 | 59 | 65 | 69 | 68 |
OPM % | 10% | 12% | 13% | 14% | 13% | 14% |
Other Income + | 2 | 4 | 7 | 11 | 13 | 15 |
Interest | 25 | 18 | 19 | 25 | 27 | 26 |
Depreciation | 8 | 8 | 7 | 8 | 11 | 11 |
Profit before tax | 19 | 31 | 40 | 42 | 44 | 46 |
Tax % | 36% | 27% | 8% | 29% | 26% | |
Net Profit + | 12 | 22 | 37 | 30 | 33 | 34 |
EPS in Rs | 7.94 | 14.47 | 21.86 | 17.27 | 18.84 | 19.84 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
4.47 | 0.72 | — | 46.21 | 9.34 | 1.62% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Indian Sucrose Ltd | 4.70 | 0.72 | — |
E I D-Parry (India) Ltd | 16.56 | 1.33 | 0.48% |
Balrampur Chini Mills Ltd | 19.85 | 3.12 | 0.57% |
Triveni Engineering and Industries Ltd | 22.55 | 3.07 | 1.41% |
Is Indian Sucrose stock good to buy? (bull case & bear case)

Bull Case:
- The government helps the sugar industry with subsidies and other support.
- The company is expanding into ethanol and biofuels, which could help it grow.
- The company manages costs well.
- The company has little debt and strong finances.
- The stock is cheap, trading at just 0.72 times its book value, which could mean it’s a good deal.
Bear Case:
- The sugar industry faces environmental issues, which could add costs or risks.
- There’s a lot of competition in the sugar business.
- Even though the company makes a profit, it doesn’t pay any dividends to shareholders.
- The company’s sales growth has been slow, with just 7.82% growth over the last five years.
Conclusion
The company has been making profits and focuses on being environmentally friendly. But the company is growing more slowly than some other companies, it is working on new projects like ethanol and biofuels, which could help it grow in the future. It doesn’t pay dividends and its sales growth has been slow, so it might not be the best choice for investors looking for quick returns. But for those who are willing to keep the stock for a long time, it could be a good investment.