- Business
- The Andhra Sugars Limited manufactures sugar, chlor-alkali products, industrial alcohol, aspirin, sulphuric acid, liquid and solid propellants, fertilizers, organic and inorganic chemicals, and generates captive and wind power. The company produces caustic soda (112,000 MT annual capacity), caustic potash flakes, liquid chlorine, sodium hypochlorite, poly aluminium chloride, ethanol, bulk drugs including aspirin (first Indian firm with indigenous technology), aluminium chloride, and leverages by-products like molasses and bagasse for alcohol and co-generation; operations span six integrated complexes at Tanuku, Kovvur, Guntur, Taduvai, Saggonda, and Bhimadole in Andhra Pradesh, plus wind farms in Andhra Pradesh and Tamil Nadu. Founded in 1947 and headquartered in West Godavari district, Andhra Pradesh, India (ticker: ANDHRSUGAR.BO), it serves industries including pharmaceuticals (APIs, custom synthesis, contract manufacturing, regulatory services), water treatment, paper, textiles, and insecticides, with subsidiaries like JOCIL Ltd (vegetable oils), The Andhra Farm Chemicals Corporation Limited, The Andhra Petrochemicals Limited (oxo-alcohols), and Sree Akkamamba Textiles Limited (yarns). Recent developments include the March 2024 commissioning of a 500 TPD sulphuric acid plant at Saggonda by DMCC Speciality Chemicals (guarantee test run in May 2024), a 33 MW coal-based captive thermal power plant at Saggonda operational since 2017, suspension of sugar operations in FY2025 due to cane shortages (Tanuku plant shut down, Taduvai and Bhimadole halted for FY2026), debt reduction to near debt-free status, board changes with appointment of independent director Sri Kanuri Rama Seshayya and cessation of Dr. V.N. Rao in September 2025, and consistent dividend payments since 1954-55.