indexPe

Nifty Sugar & Ethanol PE Ratio

Fairly ValuedOtherNSELast updated: 1 Oct 2026
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Current PE Ratio
24.84
3M Median PE
26.37
vs 3M Median
-5.80%

Valuation Percentile

Not enough history yet for a percentile.

The Nifty Sugar & Ethanol PE ratio is 24.84 as of 1 October 2026, about 6% below its 3-month median of 26.37, which places it in fairly valued territory on a historical basis.

PE Ratio vs Historical Medians

PeriodMedian PECurrent vs Median
3 Months26.37-5.80%

Historical PE Ratio

Series start. P/E is published from 17 Jun 2026. Index values go back to 31 Mar 2021.

Earnings

Index earnings are the profits behind the index level: the closing value divided by the P/E ratio, in index points. The line moves in steps because it changes only when trailing four-quarter profits are updated or the constituents change. Compare it with price to see whether a move came from earnings or from a change in what investors pay for them.

Nifty Sugar & Ethanol index earnings (EPS, index points)

Earnings growth is annualised from the last trading day at or before the start of each window. Price growth uses the index level over the same two dates, excluding dividends. EPS is undefined on days with no published P/E, so those days are skipped. Past growth, not a forecast.

Performance and risk

1Y total return
+7.74%
5Y total return (p.a.)
+6.48%
Volatility (1Y std dev)
21.86%
Beta vs Nifty 50 (1Y)
0.85

View full performance and risk

Returns as of September 2026, from the NSE factsheet for the Nifty Sugar & Ethanol. 1-year returns are absolute; 5-year returns are annualized.

Stocks in the Nifty Sugar & Ethanol

The Nifty Sugar & Ethanol contains 15 constituents. Its largest sectors by weight are Fast Moving Consumer Goods (91.3%) and Capital Goods (5.3%).

Fast Moving Consumer Goods: 91.3%Capital Goods: 5.3%Healthcare: 3.4%
SymbolCompanyIndustryWeight(%)
EIDPARRYE.I.D. Parry (India) Ltd.Fast Moving Consumer Goods15.11
BALRAMCHINBalrampur Chini Mills Ltd.Fast Moving Consumer Goods15.01
KRBLKRBL Ltd.Fast Moving Consumer Goods10.07
GAELGujarat Ambuja Exports Ltd.Fast Moving Consumer Goods7.56
TRIVENITriveni Engineering & Industries Ltd.Fast Moving Consumer Goods7.03
BAJAJHINDBajaj Hindusthan Sugar Ltd.Fast Moving Consumer Goods6.04
RENUKAShree Renuka Sugars Ltd.Fast Moving Consumer Goods5.98
PICCADILPiccadily Agro Industries Ltd.Fast Moving Consumer Goods5.38
GLOBUSSPRGlobus Spirits Ltd.Fast Moving Consumer Goods4.53
ASALCBRAssociated Alcohols and Breweries Ltd.Fast Moving Consumer Goods
BCLINDBCL Industries Ltd.Fast Moving Consumer Goods
DALMIASUGDalmia Bharat Sugar and Industries Ltd.Fast Moving Consumer Goods
DHAMPURSUGDhampur Sugar Mills Ltd.Fast Moving Consumer Goods
GODAVARIBGodavari Biorefineries Ltd.Fast Moving Consumer Goods
INDIAGLYCOIndia Glycols Ltd.Fast Moving Consumer Goods

Constituent list as of 4 October 2026, sourced from NSE Indices. Weights as of 30 September 2026, from the NSE factsheet.

How this index works

Selection
The Nifty Sugar & Ethanol Index aims to track the performance of 15 securities from the FMCG sector that are directly involved in the manufacturing/production of sugar or ethanol. The weight of each security in the index is based on free float market capitalization subject to a cap of 15%.
Weight cap
At the time of rebalancing of shares/ change in index constituents/ change in investable weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%.

Summarised from NSE's official methodology document (PDF) for the Nifty Sugar & Ethanol; the PDF is authoritative.

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Frequently Asked Questions

What is the current Nifty Sugar & Ethanol PE ratio?

As of 1 October 2026, the Nifty Sugar & Ethanol PE ratio is 24.84. That is about 6% below its 3-month median of 26.37.

What is a normal PE ratio for the Nifty Sugar & Ethanol?

Over the past three months its median PE has been 26.37, compared with today's 24.84.

How many stocks are in the Nifty Sugar & Ethanol?

The Nifty Sugar & Ethanol contains 15 stocks. By number of companies, its largest sectors are Fast Moving Consumer Goods (15 stocks).

What returns has the Nifty Sugar & Ethanol delivered?

As of September 2026, the Nifty Sugar & Ethanol total return (with dividends reinvested) is +7.74% over the past year and +6.48% annualized over the past five years. One-year figures are absolute; multi-year figures are annualized (CAGR). Data from the NSE factsheet.

How volatile is the Nifty Sugar & Ethanol?

Over the year to September 2026, the Nifty Sugar & Ethanol had an annualized volatility (standard deviation of daily returns) of 21.86%. Its beta versus the Nifty 50 is 0.85, meaning it has moved less than the broad market.

Last updated: 1 October 2026.