Best Ethanol Stocks in July 2025: Triveni Engineering, Balrampur Chini and More Based on 5Y CAGR

The National Policy on Biofuels – 2018, as amended in 2022, inter-alia advanced the target of 20% blending of ethanol in petrol to Ethanol Supply Year (ESY) 2025-26 from 2030.

Driven by India’s biofuel push and rising demand for cleaner energy, ethanol-focused companies have seen notable stock performance in recent years. In this blog, we look at the top ethanol-related stocks in July 2025 based on their 5-year compound annual growth rate (CAGR), highlighting key players like Triveni Engineering, Balrampur Chini, and more.

Best Ethanol Stocks in July 2025 Based on 5-Year CAGR 

Note: The list of best ethanol stocks above is sorted based on 5-year CAGR and reflects data as of June 25, 2025. 

Overview of the Best Ethanol Stocks in July 2025 

1. Triveni Engineering and Industries Ltd

Triveni Engineering & Industries Ltd. delivered a solid performance in Q4 FY25, posting a 16.2% year-on-year rise in net profit to ₹187.1 crore. Its revenue from operations also grew by 24.4%, reaching ₹1,925.3 crore. Operational efficiency improved as EBITDA rose 21.5%, reflecting better profitability.

The company remains a major player in the Indian sugar and ethanol sectors. It is one of the top three sugar producers nationwide and holds the position of the second-largest ethanol supplier in India.

Key metrics:

• ROCE: 12.27%

• ROE: 14.2%

   

2. Balrampur Chini Mills Ltd

Balrampur Chini Mills posted a 12.65% year-on-year increase in consolidated net profit for Q4 FY25, reaching ₹229.12 crore. Revenue from operations also saw a moderate rise of 4.48%, climbing to ₹1,503.68 crore from ₹1,439.22 crore in the same quarter last year.

As one of India’s largest integrated sugar producers, Balrampur Chini Mills has a strong presence in related sectors. The company’s core operations are supported by its distillery business, making it a key player in the ethanol space.

Key metrics:

• ROCE: 16.53%
• ROE: 16.98%

3. E I D-Parry (India) Ltd

E.I.D. Parry (India) Ltd reported a consolidated profit after tax of ₹539.44 crore for the quarter ending March 31, 2025, marking a sharp rise from ₹294.30 crore in the same quarter of the previous financial year.

 Headquartered in Chennai, EID Parry is a publicly listed company engaged in the production and sale of sugar and bio-products. Established in 1788, it is one of the oldest continuously operating business entities in the city.

Key metrics:

• ROCE: 23.26%
• ROE: 8.67%

4. Dalmia Bharat Ltd

Dalmia Bharat Sugar & Industries, despite being one of the younger players in the industry, has quickly become one of India’s largest sugar producers, with operations spanning key sugar-producing states like Uttar Pradesh and Maharashtra.

In Q4 FY25, the company reported a strong 37% year-on-year jump in profit, reaching ₹439 crore—surpassing market estimates. Alongside declaring a ₹5 dividend, Dalmia Bharat also announced significant expansion plans across India.

Key metrics:

• ROCE: 4.87%
• ROE: 4.02%

5. Dwarikesh Sugar Industries

Dwarikesh Sugar Industries reported a sharp 101% year-on-year surge in net profit for Q4 FY25, reaching ₹46.33 crore compared to ₹23 crore in the same quarter last year.

Headquartered in the Bijnor district of Uttar Pradesh, Dwarikesh Sugar has steadily expanded its presence in sugar manufacturing, as well as ethanol and industrial alcohol production, establishing itself as a key player in India’s sugar and biofuel ecosystem.

Key metrics:

• ROCE: 6.87%
• ROE: 10.7%

Best Ethanol Stocks in July 2025 Based on Net Profit Margin

Note: The list of best ethanol sector stocks above is sorted based on net profit margin and reflects data as of June 25, 2025. 

Best Ethanol Stocks in July 2025 Based on Debt to Equity Ratio

Note: The list of best ethanol stocks above is sorted based on debt to equity ratio and reflects data as of June 25, 2025. 

Read More: Best Semiconductor Stocks in India in June 2025: Tata Elxsi, Dixon Tech & More Based on 5-Year CAGR.

Conclusion

This overview presents the current performance of leading ethanol-related companies in India as of July 2025. Based on parameters such as 5-year CAGR, net profit margin, and debt-to-equity ratio, the data provides a factual snapshot of how these companies are positioned within the sector. It serves as a reference point for understanding recent trends and financial metrics in the ethanol space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.