Oswal Overseas Ltd Summary
Oswal Overseas Limited was incorporated on May 31, 1984 in the name of ANK Impex Private Limited. Subsequently, on October 9, 1984, it changed the name from ANK Impex Private Limited to ANK Impex Limited and again on May 6, 1992 under the fresh Certificate of Incorporation, it was changed to Oswal Overseas Limited.The Company is an established player in the sugar industry with an installed capacity of 3500 TCD at its plant situated at Aurangabad, Nawabganj, Bareilly. The Company possesses an experience of more than 2 decades in sugar manufacturing.
The unit is strategically situated in cane rich belt of central Uttar Pradesh. Being the Seasonal Industry, OOLs growth plan & profitability depends on various cyclic constraints. Cane price is administered by State Government which may affect profitability and cash flow of Company.
Quality of raw material largely depends upon natural and seasonal factors.The Company is having operations in State of Uttar Pradesh and is engaged in manufacturing of sugar, which is mainly sold in Uttar Pradesh. About 50 million sugarcane farmers, their dependents and a large mass of agricultural laborer are involved in sugarcane cultivation, harvesting and ancillary activities.Sugarcane serves as a significant agricultural biomass energy source, yielding two types of biomass: sugarcane trash and bagasse. Bagasse, comprising fibrous material left post-milling with 45-50% moisture content, consists of a blend of hard fibers and soft tissue with high water absorbing capacity.
Sugar factories, processing 100 Tonnes of sugarcane, typically generate around 30 Tonnes of wet bagasse. This fibrous residue is commonly employed as the main fuel source for sugar mills.In FY 2025, due to issues with cane variety and cane related disease, cane yield is lower in many pockets in the state of U.P. affecting overall cane availability in the state.