The Ugar Sugar Works Limited

NSEI:UGARSUGAR Stock Report

Market Cap: ₹7.0b

Ugar Sugar Works Management

Management criteria checks 2/4

Ugar Sugar Works' CEO is Niraj Shirgaokar, appointed in Apr 2011, has a tenure of 13.75 years. total yearly compensation is ₹101.23M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth ₹13.82M. The average tenure of the management team and the board of directors is 3.9 years and 11 years respectively.

Key information

Niraj Shirgaokar

Chief executive officer

₹101.2m

Total compensation

CEO salary percentage7.4%
CEO tenure13.8yrs
CEO ownership0.2%
Management average tenure3.9yrs
Board average tenure11yrs

Recent management updates

Recent updates

Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Smaller Dividend Than Last Year

Jul 18
Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Smaller Dividend Than Last Year

Why Ugar Sugar Works' (NSE:UGARSUGAR) Shaky Earnings Are Just The Beginning Of Its Problems

Jun 05
Why Ugar Sugar Works' (NSE:UGARSUGAR) Shaky Earnings Are Just The Beginning Of Its Problems

The Trend Of High Returns At Ugar Sugar Works (NSE:UGARSUGAR) Has Us Very Interested

Mar 14
The Trend Of High Returns At Ugar Sugar Works (NSE:UGARSUGAR) Has Us Very Interested

Here's Why We Think Ugar Sugar Works (NSE:UGARSUGAR) Is Well Worth Watching

Feb 08
Here's Why We Think Ugar Sugar Works (NSE:UGARSUGAR) Is Well Worth Watching

We Think Ugar Sugar Works (NSE:UGARSUGAR) Can Stay On Top Of Its Debt

Dec 09
We Think Ugar Sugar Works (NSE:UGARSUGAR) Can Stay On Top Of Its Debt

Shareholders Would Enjoy A Repeat Of Ugar Sugar Works' (NSE:UGARSUGAR) Recent Growth In Returns

Oct 24
Shareholders Would Enjoy A Repeat Of Ugar Sugar Works' (NSE:UGARSUGAR) Recent Growth In Returns

Ugar Sugar Works (NSE:UGARSUGAR) Could Become A Multi-Bagger

Dec 17
Ugar Sugar Works (NSE:UGARSUGAR) Could Become A Multi-Bagger

Is Now The Time To Put Ugar Sugar Works (NSE:UGARSUGAR) On Your Watchlist?

Oct 11
Is Now The Time To Put Ugar Sugar Works (NSE:UGARSUGAR) On Your Watchlist?

Does Ugar Sugar Works (NSE:UGARSUGAR) Have A Healthy Balance Sheet?

Sep 07
Does Ugar Sugar Works (NSE:UGARSUGAR) Have A Healthy Balance Sheet?

Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.25

Aug 22
Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.25

Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?

May 26
Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?

The Returns At Ugar Sugar Works (NSE:UGARSUGAR) Aren't Growing

Mar 24
The Returns At Ugar Sugar Works (NSE:UGARSUGAR) Aren't Growing

Ugar Sugar Works' (NSE:UGARSUGAR) Upcoming Dividend Will Be Larger Than Last Year's

Sep 01
Ugar Sugar Works' (NSE:UGARSUGAR) Upcoming Dividend Will Be Larger Than Last Year's

Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.20

Aug 14
Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.20

Ugar Sugar Works (NSE:UGARSUGAR) Has No Shortage Of Debt

Aug 05
Ugar Sugar Works (NSE:UGARSUGAR) Has No Shortage Of Debt

The Ugar Sugar Works Limited's (NSE:UGARSUGAR) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 04
The Ugar Sugar Works Limited's (NSE:UGARSUGAR) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Should You Buy The Ugar Sugar Works Limited (NSE:UGARSUGAR) For Its Dividend?

Feb 09
Should You Buy The Ugar Sugar Works Limited (NSE:UGARSUGAR) For Its Dividend?

Should You Use Ugar Sugar Works's (NSE:UGARSUGAR) Statutory Earnings To Analyse It?

Jan 11
Should You Use Ugar Sugar Works's (NSE:UGARSUGAR) Statutory Earnings To Analyse It?

Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?

Dec 14
Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?

How Much is Ugar Sugar Works' (NSE:UGARSUGAR) CEO Getting Paid?

Nov 16
How Much is Ugar Sugar Works' (NSE:UGARSUGAR) CEO Getting Paid?

CEO Compensation Analysis

How has Niraj Shirgaokar's remuneration changed compared to Ugar Sugar Works's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹84m

Jun 30 2024n/an/a

₹185m

Mar 31 2024₹101m₹7m

₹211m

Dec 31 2023n/an/a

₹690m

Sep 30 2023n/an/a

₹685m

Jun 30 2023n/an/a

₹882m

Mar 31 2023₹39m₹7m

₹1b

Dec 31 2022n/an/a

₹526m

Sep 30 2022n/an/a

₹583m

Jun 30 2022n/an/a

₹659m

Mar 31 2022₹23m₹7m

₹433m

Dec 31 2021n/an/a

₹501m

Sep 30 2021n/an/a

₹205m

Jun 30 2021n/an/a

₹125m

Mar 31 2021₹20m₹7m

₹171m

Dec 31 2020n/an/a

₹353m

Sep 30 2020n/an/a

₹392m

Jun 30 2020n/an/a

₹378m

Mar 31 2020₹14m₹7m

₹138m

Dec 31 2019n/an/a

₹167m

Sep 30 2019n/an/a

₹7m

Jun 30 2019n/an/a

-₹131m

Mar 31 2019₹11m₹8m

₹43m

Dec 31 2018n/an/a

-₹403m

Sep 30 2018n/an/a

-₹471m

Jun 30 2018n/an/a

-₹629m

Mar 31 2018₹9m₹6m

-₹682m

Compensation vs Market: Niraj's total compensation ($USD1.18M) is above average for companies of similar size in the Indian market ($USD41.98K).

Compensation vs Earnings: Niraj's compensation has increased whilst the company is unprofitable.

CEO

Niraj Shirgaokar (52 yo)

13.8yrs

Tenure

₹101,226,000

Compensation

Mr. Niraj Shishir Shirgaokar, B.E. (Com. Engg.), has been Managing Director of Ugar Sugar Works Ltd. since April 1, 2011 and served as its Vice President and is responsible for overseeing the operation & a...

Leadership Team

NamePositionTenureCompensationOwnership
Niraj Shirgaokar
MD & Director13.8yrs₹101.23m0.20%
₹ 13.8m
Chandan Shirgaokar
MD & Director13.8yrs₹155.63m1.03%
₹ 71.9m
Sohan Shirgaokar
Executive Directorless than a year₹4.58m0.26%
₹ 18.3m
Shrikanta Bhat
CFO & Manager of Finance3.9yrs₹1.44m0.0022%
₹ 154.7k
Tushar Deshpande
Company Secretary & Compliance Officerless than a year₹452.00kno data

3.9yrs

Average Tenure

47yo

Average Age

Experienced Management: UGARSUGAR's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Niraj Shirgaokar
MD & Director13.8yrs₹101.23m0.20%
₹ 13.8m
Chandan Shirgaokar
MD & Director13.8yrs₹155.63m1.03%
₹ 71.9m
Sohan Shirgaokar
Executive Director11yrs₹4.58m0.26%
₹ 18.3m
Rajendra Shirgaokar
Chairman Emeritusno data₹100.00k1.39%
₹ 96.9m
Prafulla Shirgaokar
Non-Executive Director30.4yrs₹5.28m0.73%
₹ 51.0m
Shishir Shirgaokar
Chairman of the Board30.4yrs₹921.00k0.35%
₹ 24.4m
Mallappa Desai
Non Executive Independent Director24.6yrs₹379.00k0.062%
₹ 4.3m
Shilpa Kumar
Non Executive Woman Director9.8yrs₹256.00k0.14%
₹ 9.5m
Sachin Shirgaokar
Non Executive Director11yrs₹1.05m1.34%
₹ 93.0m
Haribhau Athawale
Non Executive Independent Director9.2yrs₹324.00k0.043%
₹ 3.0m
Shripad Gangavati
Non-Executive Independent Director5.4yrs₹243.00kno data
Suneeta Thakur
Non-Executive Woman Independent Director5.4yrs₹177.00k0.0052%
₹ 359.5k

11.0yrs

Average Tenure

73.5yo

Average Age

Experienced Board: UGARSUGAR's board of directors are seasoned and experienced ( 11 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 01:38
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

The Ugar Sugar Works Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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