Dwarikesh Sugar Industries Ltd Company Profile: Products, Promoters and Clients
Dwarikesh Sugar Industries Ltd
Dwarikesh Sugar Industries Ltd. was established in 1995 and has become well-known in the sugar sector. The company has grown to encompass the production of ethanol and power in addition to its well-known high-quality sugar production. Dwarikesh Sugar has been leveraging its experience in power cogeneration, industrial alcohol production, and sugar processing to position itself as a leading bio-energy player in recent times.
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Q1. What are the Products and Service offerings of Dwarikesh Sugar Industries?
Product Portfolio
- Sugar: The main product of the company, produced with high efficiency and superior quality.
- Ethanol and Industrial Alcohol: Essential to the company’s bio-energy segment, these products are increasingly important.
- Power Generation: The company generates power through cogeneration, using byproducts from sugar manufacturing to enhance sustainability.
Q2. Who are the promoters of the Company?
Gautam R. Morarka - Executive Chairman
With more than twenty years of expertise in the sugar sector, Mr. Gautam R. Morarka is the founder and promoter of Dwarikesh Sugar Industries Ltd. He has finished the ICWA intermediate and has a degree in business. He was the Managing Director at first, but owing to health concerns, he was forced to resign in April 2018.
Following his recuperation, he resumed his role as board mentor, and in January 2019, he was named Executive Chairman. Due to his services, Mr. Morarka has received multiple honours, such as the Swami Krishnanand Saraswati Purashkar, the Bhamasha Award, the Indira Gandhi Sadbhavna Award, and the Indira Gandhi Priyadarshini Award for Management.
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K. N. Prithviraj - Board Member
Mr. K. N. Prithviraj is a renowned scholar and ex-banker who specialises in banking, management, and economics. He was a research fellow at the University of Madras and received his degree in economics from Madras University. He has occupied prominent roles in a number of financial organisations, most notably that of Oriental Bank of Commerce's chairman and managing director.
He currently sits on the boards of multiple businesses, including Axis Bank, Brickwork Ratings India Pvt. Ltd., Falcon Tyres Ltd., Surana Industries Ltd., and SUTI as an administrator.
Q3. Who are the Clients of the Company?
Major Clients
Strong ties bind Dwarikesh Sugar Industries Ltd to significant Indian clients, such as:
- Sugar Mills Saraswati (13,500 TCD)
- 12,000–15,000 TCD is Bajaj Hindustan Ltd.
- Chini Mills at Balrampur (8,000 TCD)
- Bharat Sugar Mills in Dalmia (8,000 TCD)
- (7,000 TCD) Dwarikesh Sugar and Chemical Ltd.
- Globally, the business has finished work for:
- In Sudan, White Nile Sugar Company Ltd. (24,000 TCD)
- San Diego SA (15,000 TCD) in Guatemala
- Thailand's Eastern Sugar and Cane Public Company (8,000 TCD)
While growing into the bio-energy sector, Dwarikesh Sugar Industries Ltd. keeps up its legacy in the sugar industry. The company maintains its position as a major participant in both domestic and international markets thanks to its commitment to quality, sustainability, and innovation.
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