Is Shree Renuka Sugars Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shree Renuka Sugars Ltd (RENUKA.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Shree Renuka Sugars Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shree Renuka Sugars Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shree Renuka Sugars Ltd?

Muslim investors may consider investing in Shree Renuka Sugars Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Shree Renuka Sugars Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shree Renuka Sugars Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shree Renuka Sugars Ltd updated?

The Shariah compliance status of Shree Renuka Sugars Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shree Renuka Sugars Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Shree Renuka Sugars Ltd?

You can check the latest Shariah compliance status of Shree Renuka Sugars Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RENUKA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 20, 2026

Report Source: 2026 3rd Quarter Report

Shree Renuka Sugars Ltd. Stock Analysis RENUKA.NS

India Consumer Staples Small Cap Report: Q3, 2026

Shree Renuka Sugars Ltd. is an agribusiness and bioenergy company, which engages in the manufacture of sugar, ethyl alcohol, and ethanol. The company is headquartered in Mumbai, Maharashtra and currently employs 2,179 full-time employees. The company went IPO on 2005-10-30. The firm is engaged in the business of sugar, ethyl alcohol, ethanol, generation and sale of power. Its segments include sugar milling, sugar refinery, distillery, co-generation, trading, engineering and other. The sugar business produces white sugar and markets under its flagship brand, Madhur. The company also supplies its sugar to national and multinational companies manufacturing beverages, biscuits & snacks and confectionaries. The green energy business comprises ethanol (for blending into petrol) and electricity production. Ethanol is produced directly from cane juice or derived from molasses. The company produces three grades of Ethanol at distilleries: Absolute Alcohol (AA) or Ethanol for fuel blending, Extra Neutral Alcohol (ENA), and Rectified Spirit (RS). The company supplies its various grades of ethanol to its customers, the oil marketing industry, the potable alcohol industry, and the chemical industries.

Key Statistics of Shree Renuka Sugars Ltd (RENUKA.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹24.07₹24.95

Today's Open

₹24.46

Volume

8.31M

P/E Ratio (TTM)

52 Week Range

₹22.85₹35.85

Market Cap

61.90B

Avg. Volume

12.39M

Dividend Yield

Financial Metrics & Statements of Shree Renuka Sugars Ltd (RENUKA.NS)

FAQ's for Shree Renuka Sugars Ltd (RENUKA.NS)

According to Musaffa’s Shariah screening methodology, Shree Renuka Sugars Ltd (RENUKA.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.