Shree Renuka Sugars Ltd (Bombay Stock Exchange: 532670)


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Business Description
Shree Renuka Sugars Ltd is an India-based company engaged in agribusiness and bio-energy. The Company operates in four segments: sugar, trading, power and ethanol. The Company is a producer and manufacturer of sugar in India. The Company operates 11 mills globally with a total crushing capacity of 20.7 million tons per annum (MTPA), in which four are in Centre-South Brazil and seven in India, with integrated ethanol and power co-generation capacity. The Company manufactures fuel grade ethanol that can be blended with petrol with a capacity of 6,240 kilo liters per day (KLPD) with Indian distillery capacity at 930 KLPD and Brazil distillery capacity at 5,310 KLPD. The Company produces power from bagasse for captive consumption and sale to the state grid. Total Cogeneration capacity is 555MW while Indian operations produce 242 MW and Brazilian operations produce 313 MW. The Company’s subsidiaries include KBK Chem-Engineering, Renuka Vale do Ivai and Renuka do Brasil.