Ethanol stocks to watch ( BAJAJ HINDUSTAN SUGAR LTD., SHREE RENUKA SUGAR, DWRIKESH SUGAR INDUSTRIES LTD., GlOBUS SPIRITS LTD., BALRAMPUR CHINI MILS LTD,)
What is Ethanol called?
Ethanol, also known as ethyl alcohol, is a colorless flammable liquid that has a pungent taste. Produced by fermentation, it is the alcohol found in alcoholic beverages and used as a solvent. … Ethanol is also known as ethyl alcohol because it is commonly known as the alcohol found in alcoholic beverages.
Is ethanol alcohol?
Liquor (ethanol or ethyl liquor) is the fixing found in lager, wine, and spirits that causes intoxication. Liquor is shaped when yeast matures (separates without oxygen) the sugars in various food.
What is the difference between alcohol and ethanol?
Alcohols are natural particles gathered from carbon (C), oxygen (O), and hydrogen (H) iotas. At the point when 2 carbons are available, the liquor is called ethanol (otherwise called ethyl liquor). Ethanol is the type of liquor contained in refreshments including brew, wine, and alcohol. … The liquor in cocktails is ethanol.
ETHANOL STOCKS TO WATCH IN 2022.
BAJAJ HINDUSTAN SUGAR LTD.
Bajaj Hindusthan Sugar Limited (BHSL) is a sugar producer in India, Asia’s Number 1 and World’s Number 4 integrated sugar company It has an aggregated sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD), and an alcohol distillation capacity of 800-kilo liters per day (KLD) across 14 locations in the north Indian State of Uttar Pradesh (UP). The company is a leader in the Asian and Indian sugar industry and is also one of the largest producers of green fuel ethanol in India. Ethanol stocks
In 1967, another Company – Sharda Sugar and Industries Limited – was set up as an auxiliary of Hindusthan Sugar Mills Limited. Under this new auxiliary, a sugar plant with a stick pulverizing limit of 1400 TCD was set up in 1972 at Palia Kalan, a huge stick providing focus a ways off of around 70 kilometers from Golagokarannath. The target of this new Unit was principal to assist the stick cultivators of the area with providing their products to the new area nearer to their fields, consequently reducing transportation expenses. The limit was hence expanded in stages to arrive at the present 11,000 TCD.
In the year 1988, The Hindusthan Sugar Mills Limited was renamed Bajaj Hindusthan Sugar Limited, and presently in 1990, Sharda Sugar and Industries Limited was amalgamated with Bajaj Hindusthan Sugar Limited.
Our solidarity is the aftereffect of eighty years of involvement The Bajaj Group is the main presence with expanded interests in the sugar and developing Infrastructure area including Power, Coal mining, Real Estate, and FMCG. The Company has fourteen sugar plants, which are totally situated in the northern Indian territory of Uttar Pradesh.
Bajaj Hindusthan Sugar Limited; Committed to Corporate Social Responsibility (CSR)
The CSR philosophy of Bajaj Hindusthan Sugar Limited is driven by the consistent and unflinching commitment of the Company’s businesses to function ethically and to contribute to the economic and social development of the community it operates. This improves the quality of life of the workforce and employees’ families as well as that of the local population, including sugarcane growers, and society in general. It also contributes to enhancing the quality of the physical environment.
BHSL’s establishment of the “Bajaj Public school” at its Maqsoodapur (district Shahjahanpur) manufacturing Unit in UP is in pursuit of this philosophy, Bajaj Hindusthan Sugar Limited has plans to impart high-quality education at an affordable cost to the children of its employees and its cane growers, members of the local community and society at large through this School.
SHREE RENUKA SUGAR
The treatment facility business of Renuka Sugars is a product arranged business. The organization imports crude sugar and products white sugar to various regions of the planet. In the year 2020-21, the organization depended on getting crude sugar from the homegrown market to substitute for its imports.
It made an open proposal in June to raise its holding further to 58.34 percent with a total venture of ₹1,200 crores. Wilmar likewise gave an assurance of ₹2,700 crores as a feature of the obligation goal. Renuka Sugars’ independent obligation toward the finish of September 2019 was ₹2,117 crore.
To be among the top three integrated sugar and ethanol companies in the world by harnessing our strengths and realizing synergies through our global presence.
Shree Renuka Sugars is a global agribusiness and bio-energy corporation. The Company is one of the largest sugar producers in the world, the leading manufacturer of sugar in India, and one of the largest sugar refiners in the world. The company has its Corporate office in Mumbai (Maharashtra, India) and Head Office in Belgaum (Karnataka, India).
The Company operates seven sugar mills in India with a total crushing capacity of 7.1 MTPA or 35,000 TCD and two port-based sugar refineries with a capacity of 1.7 MTPA.
The Company manufactures fuel-grade ethanol that can be blended with petrol. Distillery capacity is 930 KLPD (630 KLPD from molasses to ethanol and 300 KLPD from rectified spirit to ethanol)
KBK Chem-Engineering (100% subsidiary) facilitates turnkey distillery, ethanol and bio-fuel plant solutions.
The Company produces power from bagasse (a sugar cane by-product) for captive consumption and sale to the state grid in India. The total Cogeneration capacity is 242 MW with an exportable surplus of 135 MW.
The Company’s Indian operations are present in the sugar-rich belt of South and West India, ensuring high sugarcane yields and sugar recovery from cane. The strategically located port-based refineries in Gujarat and West Bengal states of India cover India, South Asia, and Middle-East markets competitively.
Cogenerated Power from Sugar manufacturing Process
The Company has witnessed a strong Revenue CAGR of 55% and an EBITDA CAGR of 58% from FY2006 to FY2012. The strong financial performance has ensured consistent returns for shareholders with an average Return on Equity of approx. 20% from FY 2006 to FY 2012. The Company’s strong management team has delivered consistently to ensure growth through the successful completion of strategic acquisitions.
The shares of the Company are listed on the Bombay Stock Exchange Ltd (BSE) and the National Stock Exchange of India Ltd (NSE)
DWRIKESH SUGAR INDUSTRIES LTD.
Dwarikesh Sugar Industries Limited is an India-based organization that is occupied with the matter of production and offer of sugar co-age of force and modern liquor. The Company works under the brand name Bundi. The Company works in three portions: sugar co-age and refinery. Dwarikesh Sugar Industries Limited is an incorporated aggregate basically occupied with the assembling of sugar and unified items. From an unassuming start in 1993 when they appointed our first plant of 2500 TCD in Bijnor locale of Uttar Pradesh Dwarikesh is today a complex quickly developing modern gathering with a solid presence in enhanced fields, for example, sugar fabricating power and ethanol/modern liquor creation.
As of September 30, 2010, the Company had two sugar-producing units in Bijnor District of Uttar Pradesh and one Sugar Unit in Bareilly District. During the financial year finished on September 30, 2010, the Company delivered 1831707 units of sugar 905605 units of molasses, and 212637950-kilowatt long stretches of force. As of September 30, 2010, the Company had an introduced limit of 21500 TCD of sugarcane 30 KLPD of modern liquor/ethanol, and 86 megawatt of force.
During the monetary year finished on September 30, 2010, the Company created 1831707 units of sugar 905605 units of molasses, and 212637950-kilowatt long stretches of force. As of September 30, 2010, the Company had an introduced limit of 21500 TCD of sugarcane 30 KLPD of modern liquor/ethanol, and 86 megawatt of force.
Globus SPIRITS LTD.
Globus Spirits Limited was fused in 1993. Today, with a mix of involvement-driven astuteness and young abundance, Globus Spirits works with elevated requirements of value in the spirits business, headed to make an incentive for every one of our partners. Our presence in different sections and price tags of the worth chain is obviously noticeable, with all-around coordinated tasks supporting guaranteeing quality and cost control.
Globus Spirits distilleries are located in Rajasthan, Haryana, West Bengal, and Bihar. Our fully integrated plants facilitate the production of Rectified Spirit, Grain Neutral Alcohol (ENA), Value-priced Spirits, and Premium Spirits.
Our business segments are largely divided into manufacturing and consumer business, giving us a strong presence across the value chain.
Globus Spirits Limited is an India-based alcoholic beverages company. The Company is engaged in manufacturing, marketing, and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, and contracts to bottle for established IMFL brands is its Limited manufactures, markets, and sells industrial alcohol comprising rectified spirit and extra-neutral alcohol, country liquor, and Indian made foreign liquor.
The Company has its very own brand arrangement in the country alcohol section like Rana Rajasthan No 1 Ghoomar Samalkha No 1 Samalkha ki Saunfi, and in IMFL fragment like White Lace Gin White Lace Vodka Samurai Gold Extra Rich Blend Whisky Samurai Premium Whisky 20-20 Premium Whisky GR 8 Times Whisky and Hannibal Legendary Rum. They likewise take into account the Indian brands in the IMFL portion, for example, Officer’s Choice Prestige Whisky Officer’s Choice Classic Whisky Officer’s Choice No 1 Brandy, and Officer’s Choice XXX Rum. Globus Spirits Ltd was consolidated on February 16 1993 as Globus Agronomics Ltd.
Globus Spirits’ facilities are also enabling a clean environment with a zero-pollution footprint and cogeneration of power using renewable biomass as fuel.
PRAJ INDUSTRIES LTD
Praj Industries Limited (PIL) was incorporated on 8th November of the year 1985 with the objective of providing cutting-edge solutions to the Distillery Industry. Praj is a knowledge-based company with expertise and experience in Bioprocesses and engineering. It delivers know-how license engineering design plant & equipment project management commissioning and customer care and turnkey projects. The company is engaged in the business of process and project engineering.
five large-sized ethanol plants of the company in Colombia are on stream for commercial production from March 2006 onwards. During the same year, 2006 PIL had inked an alliance with Meura for High-Performance Brewery Mash Filters Praj expanded Brewery Business Skid Mounted Ethanol Plant designed manufactured and shipped to CSR Australia, and also the company had acquired US Engineering Company C.J. Schneider Inc. The Company made a Joint Venture with Aker Kvaerner in the year 2007 and established a JV Company under the name of BioCnergy Europa B.B in the Netherlands.
Which got going as a pioneering adventure thirty years prior, is today India’s best organization in the field of bio-based advancements and designing with a presentation from one side of the planet to the other. The enthusiasm of running after making the world a superior spot has remained with us till today and will keep on doing as such.
With a modest start as a provider of ethanol plants, today Praj is an internationally driven organization with a bundle of practical answers for bioenergy, high virtue water, basic interaction gear, bottling works, and modern wastewater treatment. Settled in Pune, India, Praj has spread its presence across the globe with 1000++ References in 100+ nations across every one of the 5 landmasses.
Around 80% of the ethanol produced globally is used as a vehicular fuel. With the increasing demand for cleaner fuels and an attempt to reduce dependence on crude oil, more than 60 countries in the world are at different stages of ethanol blending mandate.
High Purity Systems
Addressing the pharmaceutical, biotech, cosmetics, and wellness sector, Praj Hipurity Systems, a wholly-owned subsidiary, is engaged in providing high purity water and hygienic systems to the pharma industry.
Critical Process Equipment and Skids
This vertical serves a wider sectoral requirement for high-end equipment & systems finding applications in the oil & gas, petrochemical, fertilizer, and chemical industry.
Praj offers coordinated wastewater treatment frameworks and has a laid-out name in the modern area with a wide scope of arrangements. This upward addresses modern applications for great water
Brewery and Beverages
This synergistic business appeared in the mid-90s. Right from conceptualization, innovation, plan, and plant designing up to project establishment and charging – Praj offers total arrangement upheld by mastery and experience.
BALRAMPUR CHINI MILS LTD
Chairman Emeritus : Kamal Nayan Saraogi
Managing Director : Vivek Saraogi
Whole-time Director: Arvind Krishna Saxena
Non-Exec. & Independent Dir. : D K Mittal
Balrampur Chini Mills Limited (BCML) was consolidated in the year fourteenth of July 1975. It is one of the second-biggest coordinated sugars producing organizations in India. The essential movement of the Company is assembling and offer of sugar. Other than this the united business exercises attempted by the organization essentially comprise assembling and advertising of Ethyl Alcohol and Ethanol age and selling of force and assembling of agrarian manures. The organization has 8 plants in Eastern U.P. also 2 in Central U.P. adding up to sugar plants and having a total squashing limit of 76500 tons of stick each day (TCD).
The March quarter income of Balrampur Chini Mills Ltd illustrates the sharp corner sugar factories end up in, particularly those in Uttar Pradesh. By all accounts, the outcomes are not terrible. Net deals declined by 6% in the March quarter from the year-prior period, however working benefits bounced by a tremendous 92.7.
An increment in shutting stock assumed a huge part in this improvement, with the increment in stock at ₹ 1,318.5 crores during the quarter, contrasted and ₹ 1,185 crores in the year-sooner period. Factories produce sugar during the devastating season (pulverizing in Uttar Pradesh was attracting to a nearby in April) and the stock is loaded and sold through the remainder of the year.
The stock has had a significant influence in supporting the organization’s results during the quarter. One figure shows why sugar plants are in a tough situation. Balrampur Chini’s sugar stock on 31 March remained at 577,000 tons and is esteemed at ₹ 31.96 per kg, which is the expense of creation. In any case, the normal value it procured during the March quarter was ₹ 28.90 per kg. In this way, the sugar division all alone isn’t in a situation to bring in cash except if costs climb.
The Board of Directors of the Company at their gathering hung on 23rd June 2020 supported the repurchase of 10000000 value portions of the Company through the Tender Offer course involving the Stock Exchange Mechanism for a total measure of up to Rs 18000.00 lakhs at a cost of Rs 80/ – per value share and the settlement in regard of offers repurchased have been finished on fifth August 2020. Customs relating to the extinguishment of the offers repurchased have been finished on the twelfth of August 2020.
Consequent to the said buy-back the Equity Share capital has been reduced by Rs 100.00 lakhs and Capital Redemption Reserve of an equivalent amount has therefore been created and the differential amount of Rs 17900.00 lakhs has been adjusted from Other Equity of the Company. The Company has issued listed commercial papers of Rs 20000.00 lakhs during the quarter ended December 2020. The repayment of the same is due on 10th March 2021.