Comparison · NSE · data 2026-11-02
Modi Naturals Limited vs Ugar Sugar Works Ltd
In plain words
Size: Ugar Sugar Works Ltd is about 1.1 times the market value of Modi Naturals Limited.
Valuation (P/E): Ugar Sugar Works Ltd 16.9 vs Modi Naturals Limited 8.6.
Return on equity: Modi Naturals Limited 34.2% vs Ugar Sugar Works Ltd 6.1%.
Profit growth over 3 years: Modi Naturals Limited 261% a year vs Ugar Sugar Works Ltd -49.1% a year.
Debt to equity: Ugar Sugar Works Ltd 3.11 vs Modi Naturals Limited 0.94.
Differences in the numbers, not a recommendation of either stock.
Side by side
| MODINATUR | UGARSUGAR | |
|---|---|---|
| Price | ₹337.8 | ₹41.4 |
| Market cap | ₹432 cr | ₹464 cr |
| P/E | 8.6 | 16.9 |
| P/B | — | 2.3 |
| ROE | 34.2% | 6.1% |
| ROCE | 26.3% | 22.2% |
| Debt / equity | 0.94 | 3.11 |
| Operating margin | 9.6% | 5.6% |
| Dividend yield | 0.00% | 0.24% |
| Sales growth, 3 years (yearly) | 19.8% | -6.1% |
| Profit growth, 3 years (yearly) | 261.0% | -49.1% |
| 1-year return | -11.4% | -4.0% |
| Revenue, last 12 months | ₹720 cr | ₹1,537 cr |
| Net profit, last 12 months | ₹52 cr | ₹28 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹13 cr | ₹-33 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 69.09% | 44.54% |
| Health check | Strong (7.5/10) | Weak (3.6/10) |
Common questions
Which has a higher P/E, Modi Naturals Limited or Ugar Sugar Works Ltd?
Ugar Sugar Works Ltd trades at the higher P/E (16.9 against 8.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Modi Naturals Limited (34.2% against 6.1%).
Which carries more debt?
Ugar Sugar Works Ltd has the higher debt-to-equity ratio (3.11 against 0.94).