Shree Renuka Sugars Ltd is one of India’s leading sugar and ethanol manufacturing companies, with integrated operations across sugar production, refining, power generation, and ethanol blending. The company plays a key role in India’s ethanol blending program and benefits from government policies supporting renewable energy and biofuels.

Despite financial stress and negative book value, Shree Renuka Sugars Ltd remains an actively traded stock due to its exposure to the sugar cycle and ethanol growth story. In this article, we analyze Shree Renuka Sugars Ltd Share Price Target from 2026 to 2030 based on current market data, industry outlook, and long-term growth drivers.

Shree Renuka Sugars Ltd Share Price Today (Latest Market Data)

The stock is currently trading near its lower yearly range, reflecting weakness in the sugar cycle and broader small-cap volatility.

About the Company

Shree Renuka Sugars Ltd operates in:

• Sugar manufacturing and refining

• Ethanol production

• Power generation from bagasse

• Export and international sugar operations

The company is a major participant in India’s ethanol blending program (EBP), which aims to increase ethanol blending in fuel to reduce crude oil imports.

Key Business Strengths

• Strong presence in sugar and ethanol segment

• Integrated operations (sugar + ethanol + power)

• Beneficiary of ethanol blending policy

• High trading liquidity

• Promoter holding above 60%

Financial Concerns

• Negative book value per share (₹-10.90)

• Cyclical nature of sugar industry

• High sensitivity to government policy and sugar prices

• Relatively high beta (1.32) indicating volatility

The company’s performance heavily depends on sugar prices, ethanol margins, and policy stability.

Shareholding Pattern

Promoter holding remains strong, while institutional participation is moderate.

Shree Renuka Sugars Ltd Share Price Target 2026 to 2030

These projections assume steady ethanol demand growth, favorable sugar cycles, and improved financial restructuring.

Year-Wise Share Price Analysis

Share Price Target 2026: ₹30 – ₹36

By 2026, improved ethanol blending targets and better sugar realizations could support price recovery.

Growth Drivers:

• Increased ethanol blending in petrol

• Stable domestic sugar prices

• Operational efficiency improvements

Investment Outlook: Suitable for investors with moderate-to-high risk appetite.

Share Price Target 2027: ₹38 – ₹46

If sugar cycle strengthens, 2027 may see stronger upward momentum.

Growth Drivers:

• Higher ethanol production capacity

• Export opportunities

• Better cash flow management

Investment Outlook: Attractive for medium-term holding during positive sugar cycle.

Share Price Target 2028: ₹48 – ₹58

By 2028, sustained policy support and capacity expansion may improve valuations.

Growth Drivers:

• Government renewable fuel initiatives

• Improved profitability margins

• Reduced financial stress

Investment Outlook: Good opportunity during bullish commodity cycle.

Share Price Target 2029: ₹62 – ₹75

If debt levels improve and profitability stabilizes, investor confidence may increase.

Growth Drivers:

• Strong ethanol demand

• Higher domestic fuel blending targets

• Stable export policies

Investment Outlook: Growth phase with higher institutional participation potential.

Share Price Target 2030: ₹80 – ₹95

By 2030, Shree Renuka Sugars Ltd could significantly benefit from India’s renewable fuel expansion.

Growth Drivers:

• Long-term ethanol blending policy success

• Improved financial stability

• Balanced sugar and ethanol revenue mix

Investment Outlook: Suitable for long-term investors who understand commodity cycle risks.

Should You Invest in Shree Renuka Sugars Ltd for the Long Term?

Shree Renuka Sugars Ltd is a cyclical stock closely tied to sugar prices and ethanol policy. While the long-term ethanol story remains promising, financial health and industry volatility must be considered.

Reasons to Consider Investment

• Beneficiary of ethanol blending program

• Integrated sugar and renewable energy model

• Strong promoter holding

• High liquidity

Risks to Monitor

• Commodity price fluctuations

• Negative net worth

• Government policy dependency

• High volatility

Investors should track quarterly results, sugar price trends, and ethanol blending targets before making large investments.

Conclusion

Shree Renuka Sugars Ltd operates in a strategically important sector linked to renewable energy and biofuels. While financial stress remains a concern, improving ethanol demand and sugar cycle recovery could support long-term growth.

If policy support continues and profitability improves, the stock may potentially reach ₹80 to ₹95 by 2030. However, this remains a cyclical and moderately high-risk investment.

Frequently Asked Questions (FAQs)

1. What is the current share price of Shree Renuka Sugars Ltd?
It is trading around ₹24–25 based on the latest market data.

2. What is the 2026 share price target?
The expected range is ₹30 to ₹36.

3. Is Shree Renuka Sugars Ltd a good long-term investment?
It can be suitable for investors comfortable with cyclical commodity stocks.

4. What is the 2030 share price target?
The projected range is ₹80 to ₹95.

5. What affects the share price the most?
Sugar prices, ethanol blending policy, export regulations, and financial restructuring.

Disclaimer: This article is for educational purposes only. Stock market investments are subject to risk. Please consult a financial advisor before making investment decisions.