Kothari Sugars and Chemicals Ltd is a small-cap sugar and ethanol-focused company with operations spanning sugar manufacturing, cogeneration power, and distillery (ethanol) production. With India’s strong push toward ethanol blending, rising demand for renewable energy, and supportive government policies for the sugar sector, companies like Kothari Sugars are gradually gaining investor attention.
Despite being a micro-to-small-cap stock, Kothari Sugars has a high promoter holding, improving delivery percentage, and long-term optionality linked to ethanol and green energy. In this article, we analyze Kothari Sugars and Chemicals Ltd share price targets from 2026 to 2030 based on current market data, sector trends, fundamentals, and long-term outlook.
| Detail | Value |
|---|---|
| Open | ₹26.40 |
| Previous Close | ₹25.82 |
| Day’s High | ₹26.40 |
| Day’s Low | ₹25.50 |
| VWAP | ₹25.82 |
| 52-Week High | ₹41.44 |
| 52-Week Low | ₹23.51 |
| All-Time High | ₹144.00 |
| All-Time Low | ₹0.65 |
| Market Capitalization | ₹215 Cr |
| Volume | 17,381 |
| Value (Lacs) | ₹4.52 |
| 20D Avg Volume | 36,066 |
| 20D Avg Delivery (%) | 61.18% |
| Face Value | ₹10 |
| Book Value Per Share | ₹34.18 |
| Beta | 1.02 |
| UC Limit | ₹30.98 |
| LC Limit | ₹20.66 |
Kothari Sugars and Chemicals Ltd is engaged in:
Sugar manufacturing
Ethanol and distillery operations
Cogeneration of power
The company benefits directly from government policies supporting ethanol blending in petrol, which aims to reduce crude oil imports and promote renewable energy. Ethanol production has become a crucial profit driver for sugar companies, helping stabilize earnings even during volatile sugar price cycles.
Strong promoter holding indicating long-term commitment
Exposure to ethanol blending opportunity
Cogeneration power adds operational efficiency
Improving delivery percentage shows investor confidence
Book value higher than current market price suggests valuation comfort
India targets 20% ethanol blending, boosting demand for ethanol producers
Sugar companies with distillery capacity are less vulnerable to sugar price cycles
Ethanol pricing is government-backed, providing revenue visibility
Renewable energy and green fuel focus supports long-term sector growth
| Investor Category | Holding (%) |
|---|---|
| Promoters | 73.53% |
| Retail & Others | 25.68% |
| Other Domestic Institutions | 0.62% |
| Foreign Institutions | 0.17% |
High promoter ownership reflects confidence in the company’s future, though low institutional holding indicates limited coverage and liquidity.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 38 | 45 |
| 2027 | 48 | 58 |
| 2028 | 60 | 72 |
| 2029 | 75 | 90 |
| 2030 | 95 | 120 |
These targets assume stable ethanol policy support, gradual capacity utilization improvement, and better profitability over time.
By 2026, ethanol blending benefits may start reflecting more clearly in earnings.
Growth Drivers
Higher ethanol realization
Improved operational efficiency
Stable government pricing support
Investment View
Suitable for high-risk investors with a medium-term horizon.
In 2027, improved capacity utilization and better cash flow management may strengthen fundamentals.
Growth Drivers
Increased ethanol contribution to revenue
Reduced dependence on sugar prices
Better cost absorption
Investment View
Potential turnaround phase for patient investors.
By 2028, consistent ethanol demand could bring valuation re-rating.
Growth Drivers
Strong ethanol offtake
Better balance between sugar and ethanol revenue
Improved return ratios
Investment View
Attractive for investors seeking multibagger potential with high risk tolerance.
With policy continuity and stable margins, the company could witness sustained growth.
Growth Drivers
Renewable energy and green fuel focus
Higher operating margins
Improved investor perception
Investment View
Favors investors holding through volatility for long-term gains.
By 2030, Kothari Sugars may evolve into a stronger ethanol-led sugar company.
Growth Drivers
Mature ethanol operations
Long-term government policy support
Improved profitability consistency
Investment View
High-risk, high-reward opportunity for long-term wealth creation.
Kothari Sugars and Chemicals Ltd is a high-risk small-cap stock with strong promoter backing and exposure to India’s ethanol growth story. While volatility and liquidity risks remain, long-term investors who believe in ethanol and renewable energy themes may find value at lower levels.
Strong promoter holding
Ethanol blending tailwinds
Book value higher than current price
Potential turnaround candidate
High volatility due to small-cap nature
Dependence on government policy
Low institutional participation
Cyclicality of sugar sector
Tracking quarterly results and ethanol policy updates is essential.
Kothari Sugars and Chemicals Ltd offers long-term optionality driven by ethanol blending, renewable energy focus, and improving operational metrics. While short-term movements may remain volatile, the stock has potential to deliver meaningful returns if execution improves and sector tailwinds continue. Based on current trends, the share price could range between ₹95 and ₹120 by 2030.
This stock is best suited for investors with high risk appetite and long-term patience.
1. What is the current share price of Kothari Sugars and Chemicals Ltd?
It is around ₹25–₹26 based on the latest provided market data.
2. What is the share price target for 2026?
The estimated range is ₹38 to ₹45.
3. Is Kothari Sugars a good long-term investment?
It can be considered by high-risk investors focused on ethanol and renewable energy themes.
4. What is the share price target for 2030?
The projected range is ₹95 to ₹120.
5. What factors influence the stock price the most?
Ethanol policy, sugar prices, profitability, government support, and overall market sentiment.
Disclaimer: This article is for educational purposes only and not investment advice. Please consult a financial advisor before making any investment decisions.
