Bajaj Hindusthan Sugar Ltd is one of India’s well-known sugar manufacturing companies with integrated operations including sugar production, ethanol manufacturing, and power co-generation. The company has historically been a major player in the sugar sector, closely linked to government policies, ethanol blending programs, and agricultural cycles.
In recent years, the Indian sugar industry has undergone structural changes due to ethanol blending mandates, improved pricing mechanisms, and export regulations. In this article, we analyze Bajaj Hindusthan Sugar Ltd share price targets from 2026 to 2030 based on current market data, sector outlook, shareholding pattern, and long-term business prospects.
| Detail | Value |
|---|---|
| Open | ₹16.09 |
| Previous Close | ₹16.09 |
| Day’s High | ₹16.54 |
| Day’s Low | ₹16.09 |
| VWAP | ₹16.33 |
| 52-Week High | ₹29.64 |
| 52-Week Low | ₹15.60 |
| All-Time High | ₹481.28 |
| All-Time Low | ₹2.35 |
| Market Capitalization | ₹2,101 Cr |
| Volume | 30,41,593 |
| Value (Lacs) | 500.34 |
| 20D Avg Volume | 42,44,849 |
| 20D Avg Delivery (%) | 44.47% |
| Face Value | ₹1 |
| Book Value Per Share | ₹29.76 |
| UC Limit | ₹19.30 |
| LC Limit | ₹12.88 |
| Beta | 1.76 |
Bajaj Hindusthan Sugar Ltd operates multiple sugar mills across Uttar Pradesh and has diversified into ethanol production and power generation through bagasse-based co-generation plants. The company’s fortunes are closely tied to sugar prices, cane availability, government policies, and ethanol procurement programs.
While the company has faced financial stress in the past, sector-wide reforms and rising ethanol demand have renewed interest in sugar stocks, including Bajaj Hindusthan.
Integrated sugar and ethanol operations
Beneficiary of India’s ethanol blending program
Large manufacturing capacity and land assets
Exposure to renewable power through co-generation
Strong brand recall in the sugar sector
Trading below book value, offering valuation comfort
The sugar sector has seen improved cash flows due to ethanol sales and better cane price management. However, Bajaj Hindusthan continues to face challenges related to debt levels and profitability consistency. Analysts tracking the company note that any sustainable turnaround will depend on balance sheet improvement and steady ethanol revenue growth.
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 65.36% |
| Promoters | 24.95% |
| Other Domestic Institutions | 7.83% |
| Foreign Institutions | 1.86% |
High retail participation makes the stock sensitive to market sentiment and sector-related news.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 18 | 24 |
| 2027 | 22 | 30 |
| 2028 | 28 | 38 |
| 2029 | 35 | 48 |
| 2030 | 45 | 60 |
These projections assume continued ethanol blending growth, supportive sugar policies, and gradual financial improvement.
By 2026, improved ethanol offtake and sector stability may support moderate upside.
Growth Drivers:
Ethanol blending demand
Stable sugar realizations
Better working capital management
Sector-wide policy support
Investment View: Suitable for high-risk, medium-term investors.
In 2027, ethanol capacity utilization could play a bigger role in revenue stability.
Growth Drivers:
Higher ethanol contribution
Improved cash flows
Controlled cane arrears
Better operational efficiency
Investment View: High-risk, turnaround-oriented opportunity.
By 2028, sustained sector reforms may help the company stabilize earnings.
Growth Drivers:
Expansion in ethanol blending targets
Improved balance sheet metrics
Better realization from by-products
Rising investor confidence
Investment View: Suitable for investors willing to tolerate volatility.
In 2029, valuation re-rating may occur if profitability becomes consistent.
Growth Drivers:
Strong ethanol-led margins
Reduced debt pressure
Favorable sugar cycle
Improved return ratios
Investment View: Favors investors seeking cyclical recovery plays.
By 2030, Bajaj Hindusthan could benefit from a mature ethanol ecosystem and sector consolidation.
Growth Drivers:
Long-term ethanol demand
Improved financial discipline
Asset monetisation opportunities
Stable sugar sector policies
Investment View: High-risk, high-reward long-term opportunity.
Bajaj Hindusthan Sugar Ltd remains a cyclical and high-risk stock. While sector reforms and ethanol blending offer long-term positives, company-specific financial challenges cannot be ignored.
Exposure to ethanol blending theme
Trading below book value
Potential turnaround opportunity
Strong sector tailwinds
High debt and interest burden
Cyclicality of sugar prices
Government policy dependence
Earnings volatility
This stock is best suited for investors with a high risk appetite.
Bajaj Hindusthan Sugar Ltd represents a turnaround-oriented investment linked to India’s sugar and ethanol story. While short-term volatility may persist, long-term prospects could improve if financial stability and ethanol revenues strengthen.
Analysts estimate that Bajaj Hindusthan Sugar share price could reach between ₹45 and ₹60 by 2030, assuming supportive policies and improved execution. Investors should approach this stock with caution and a long-term horizon.
1. What is the current share price of Bajaj Hindusthan Sugar Ltd?
It is around the levels mentioned in the latest market data table and fluctuates with market conditions.
2. What is the Bajaj Hindusthan share price target for 2026?
The expected range for 2026 is ₹18 to ₹24.
3. Is Bajaj Hindusthan Sugar a good long-term investment?
Only for high-risk investors comfortable with sector cyclicality.
4. What is the share price target for 2030?
The projected range for 2030 is ₹45 to ₹60.
5. What factors influence Bajaj Hindusthan share price the most?
Sugar prices, ethanol blending policy, debt reduction, and government regulations.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making any investment decisions.
