Sugar Mills

In short

For private and co-operative sugar mills, with or without a distillery or co-generation plant.
A sugar mill buys cane at a price set by the government and sells sugar under a monthly release quota.
It makes the rest of its money from molasses, ethanol, bagasse and power. Costing has to carry all of them at once.

Fixed costs are spread over the cane crushed in a short season.
Sugar, molasses, bagasse, ethanol and power come from the same cane. How the common cost is shared decides what each appears to earn.
Tamil Nadu adds a State incentive to the central price. Cane cost has to come from the season's government order, not from the central figure alone.
Cane is paid for long before the sugar is sold.

We work out the cost per quintal of sugar after by-product credit.
We track recovery, crushing days and capacity use against the season's plan.
We cost joint products and by-products on a stated, consistent basis, with transfer prices between the sugar unit, distillery and power plant.
We value stock at the lower of cost and net realisable value.
We deal with cost records, and a cost audit where the rules require one.
We track cane dues against the payment schedule, and cash flow against the monthly release quota.

We work from your own records, and we show you how each figure was worked out.