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Last Updated on: 21 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Dalmia Bharat Sugar & Industries Ltd

About the Company - Dalmia Bharat Sugar & Industries Ltd

Dalmia Bharat Sugar and Industries Ltd. is a Public Limited Listed company incorporated on 01/11/1951 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L15100TN1951PLC000640 and registration number is 000640. Currently Company is involved in the business activities of Manufacture or refining of sugar (sucrose) from sugercane. Company’s Total Operating Revenue is Rs. 3018.25 Cr. and Equity Capital is Rs. 16.19 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarDalmiapuram, Tiruchirapalli Dist. Tamil Nadu 621651sec.corp@dalmiasugar.com
http://www.dalmiasugar.com
Management
NamePosition Held
Mr. Rajeev BakshiChairman
Mr. Gautam DalmiaManaging Director
Mr. Bharat Bhushan MehtaWholeTime Director & CEO
Ms. Amita MisraDirector
Mr. P KannanDirector
Mr. T VenkatesanDirector

Dalmia Bharat Sugar and Industries Ltd. Share Price Update

Share PriceValue
Today₹362.15
Previous Day₹362.05

Basic Stock Data of Dalmia Bharat Sugar & Industries Ltd

Last Updated: April 21, 2024, 12:24 pm

Market Cap 2,940 Cr.
Current Price 363
High / Low490/338
Stock P/E9.68
Book Value 363
Dividend Yield1.10 %
ROCE12.2 %
ROE9.73 %
Face Value 2.00

Data Source: screener.in

Competitors of Dalmia Bharat Sugar & Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Shree Renuka Sugars Ltd 9,078 Cr. 42.657.2/39.3 5.590.00 %9.41 %% 1.00
Uttam Sugar Mills Ltd 1,265 Cr. 332536/2507.90 1610.75 %19.1 %23.8 % 10.0
Ponni Sugars (Erode) Ltd 362 Cr. 421503/3449.02 6921.55 %11.7 %9.34 % 10.0
KCP Sugar & Industries Corporation Ltd 415 Cr. 36.654.0/23.28.29 38.00.55 %4.98 %2.99 % 1.00
Dwarikesh Sugar Industries Ltd 1,365 Cr. 72.5110/67.412.7 42.02.76 %15.5 %14.9 % 1.00
Industry Average2,497.00 Cr180.947.58187.721.12%12.14%10.21%4.60

Dalmia Bharat Sugar & Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6064898197266168469245796001,149834732584
Expenses550361677640527705815572488941715666474
Operating Profit561271418688141109711220811865109
OPM %9%26%17%12%14%17%12%1%19%18%14%9%19%
Other Income1412521219241231295624
Interest1110128691189910168
Depreciation14522121242928283234313132
Profit before tax44771137979112721393176877493
Tax %16%34%-10%25%29%51%32%8%31%30%30%26%33%
Net Profit3751124595655491265124615562
EPS in Rs4.596.3015.357.326.906.836.091.458.0215.357.586.797.68

Last Updated: April 11, 2024, 8:40 am

Dalmia Bharat Sugar & Industries Ltd Quarterly Chart

Dalmia Bharat Sugar & Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7119971,1901,1501,1661,6862,2442,0182,1102,6853,0073,2523,315
Expenses6508471,0831,0379391,3072,0101,7811,7722,2132,5392,8152,811
Operating Profit61150108113227378234237338472467437504
OPM %9%15%9%10%19%22%10%12%16%18%16%13%15%
Other Income3272016212437876053487799
Interest506676788710269698862353845
Depreciation42734951113565452579695121127
Profit before tax1193047244148204252368386355431
Tax %-48%3%-17%-429%-23%23%9%8%21%27%24%30%
Net Profit1183158187134187198270295250305
EPS in Rs0.112.270.370.187.2223.0916.5823.1624.4833.3136.5130.9137.74
Dividend Payout %-0%11%-0%-0%8%9%-0%7%8%9%11%13%

Dalmia Bharat Sugar & Industries Ltd Profit & Loss Yearly Chart

Dalmia Bharat Sugar & Industries Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:8%
3 Years:16%
TTM:12%
Compounded Profit Growth
10 Years:29%
5 Years:13%
3 Years:7%
TTM:63%
Stock Price CAGR
10 Years:35%
5 Years:26%
3 Years:17%
1 Year:0%
Return on Equity
10 Years:12%
5 Years:12%
3 Years:12%
Last Year:10%

Last Updated: April 17, 2024, 2:33 am

Dalmia Bharat Sugar & Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital16161616161616161616161616
Reserves4244414454424951,2341,4331,5341,5922,0742,3432,6892,920
Borrowings7107868129311,1381,2147761,0371,277958819454419
Other Liabilities324426444443411459632620642629645644543
Total Liabilities1,4751,6691,7161,8332,0592,9232,8573,2073,5283,6773,8223,8033,899
Fixed Assets5746357677467521,2801,2931,3161,3531,3081,5311,6521,627
CWIP1171328627116275921174
Investments4160788392275435288447563594736817
Other Assets8599568589761,2091,3661,1221,5921,7221,7781,6391,3931,281
Total Assets1,4751,6691,7161,8332,0592,9232,8573,2073,5283,6773,8223,8033,899

Dalmia Bharat Sugar & Industries Ltd Reserves and Borrowings Chart

Dalmia Bharat Sugar & Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3598267-11-2476659-220209346567583
Cash from Investing Activity -13-160-185-43-77-65-131-30-32936-327-192
Cash from Financing Activity 112-61421122-528219145-364-217-419
Net Cash Flow22-5021-1311131-31251823-29

Dalmia Bharat Sugar & Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days39216253324123729161917
Inventory Days419383252310476367161284345274213163
Days Payable1401331131331256292109102544333
Cash Conversion Cycle31927114420238432981212272237188147
Working Capital Days209159851161721917617517816412595
ROCE %4%7%6%5%8%17%9%11%12%14%14%12%

Dalmia Bharat Sugar & Industries Ltd Financial Efficiency Indicators Chart

Dalmia Bharat Sugar & Industries Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%
FIIs0.55%0.83%1.00%0.96%0.90%1.15%1.42%1.17%1.01%1.03%0.90%0.97%
DIIs1.82%0.07%0.07%0.07%0.06%0.07%0.07%0.04%0.07%0.06%0.06%0.08%
Government0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%
Public22.55%24.03%23.86%23.90%23.97%23.71%23.44%23.73%23.84%23.82%23.96%23.88%
No. of Shareholders20,77718,60525,72635,75637,63241,03944,06346,46546,12843,36841,49141,485

Dalmia Bharat Sugar & Industries Ltd Shareholding Pattern Chart

No. of Dalmia Bharat Sugar & Industries Ltd Shareholders

Dalmia Bharat Sugar & Industries Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund206050.170.95
Groww Nifty Total Market Index Fund520.010

Dalmia Bharat Sugar & Industries Ltd ROCE Trend

Dalmia Bharat Sugar & Industries Ltd EPS Trend

Dalmia Bharat Sugar & Industries Ltd Key Financial Ratios

MonthMar 22Mar 21Mar 20Mar 19Mar 18
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)36.5433.4023.8721.6415.11
Diluted EPS (Rs.)36.5433.4023.8721.6415.11
Cash EPS (Rs.)48.2345.2030.9328.0021.75
Book Value[Excl.RevalReserv]/Share (Rs.)291.42264.69187.62189.22185.86
Book Value[Incl.RevalReserv]/Share (Rs.)291.42264.69187.62189.22185.86
Revenue From Operations / Share (Rs.)372.85331.76260.75249.35277.25
PBDIT / Share (Rs.)63.2065.0348.5638.5132.05
PBIT / Share (Rs.)51.5053.2341.4932.1425.41
PBT / Share (Rs.)47.2045.5830.5723.6716.82
Net Profit / Share (Rs.)36.5333.4023.8721.6415.11
NP After MI And SOA / Share (Rs.)36.5333.4023.8721.6415.11
PBDIT Margin (%)16.9519.6018.6215.4411.56
PBIT Margin (%)13.8116.0415.9112.889.16
PBT Margin (%)12.6513.7411.729.496.06
Net Profit Margin (%)9.7910.069.158.675.44
NP After MI And SOA Margin (%)9.7910.069.158.675.44
Return on Networth / Equity (%)12.5312.6112.7211.438.12
Return on Capital Employeed (%)14.3516.8416.0612.2010.12
Return On Assets (%)7.737.245.615.494.19
Long Term Debt / Equity (X)0.140.100.270.300.24
Total Debt / Equity (X)0.340.440.780.630.47
Asset Turnover Ratio (%)0.800.750.620.650.77
Current Ratio (X)2.081.731.431.521.44
Quick Ratio (X)0.720.560.440.480.58
Inventory Turnover Ratio (X)1.471.391.351.881.68
Dividend Payout Ratio (NP) (%)16.410.0018.180.0015.93
Dividend Payout Ratio (CP) (%)12.430.0014.020.0011.06
Earning Retention Ratio (%)83.590.0081.820.0084.07
Cash Earning Retention Ratio (%)87.570.0085.980.0088.94
Interest Coverage Ratio (X)14.698.514.454.543.73
Interest Coverage Ratio (Post Tax) (X)9.545.383.193.552.76
Enterprise Value (Cr.)4615.192388.231521.351942.841181.84
EV / Net Operating Revenue (X)1.530.880.720.960.52
EV / EBITDA (X)9.024.543.876.234.55
MarketCap / Net Operating Revenue (X)1.290.560.180.490.23
Retention Ratios (%)83.580.0081.810.0084.06
Price / BV (X)1.650.700.260.640.34
Price / Net Operating Revenue (X)1.290.560.180.490.23
EarningsYield0.070.170.480.170.23

Dalmia Bharat Sugar & Industries Ltd Profitability Ratios (%)

Dalmia Bharat Sugar & Industries Ltd Liquidity Ratios

Dalmia Bharat Sugar & Industries Ltd Liquidity Ratios (%)

Dalmia Bharat Sugar & Industries Ltd Interest Coverage Ratios (%)

Dalmia Bharat Sugar & Industries Ltd Valuation Ratios

Fair Value of Dalmia Bharat Sugar & Industries Ltd Stock

Fair Value: 345.66

The stock is overvalued by 4.78% compared to the current price ₹363

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of Dalmia Bharat Sugar & Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (1,389.69 cr) compared to borrowings (871.62 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (133.00 cr) and profit (189.08 cr) over the years.
  1. The stock has a low average ROCE of 9.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 145.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 232.17, which may not be favorable.

FAQ

What is the latest fair value of Dalmia Bharat Sugar & Industries Ltd?

The latest fair value of Dalmia Bharat Sugar & Industries Ltd is 345.66.

What is the Market Cap of Dalmia Bharat Sugar & Industries Ltd?

The Market Cap of Dalmia Bharat Sugar & Industries Ltd is 2,940 Cr..

What is the current Stock Price of Dalmia Bharat Sugar & Industries Ltd as on 21 April 2024?

The current stock price of Dalmia Bharat Sugar & Industries Ltd as on 21 April 2024 is 363.

What is the High / Low of Dalmia Bharat Sugar & Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Dalmia Bharat Sugar & Industries Ltd stocks is ₹490/338.

What is the Stock P/E of Dalmia Bharat Sugar & Industries Ltd?

The Stock P/E of Dalmia Bharat Sugar & Industries Ltd is 9.68.

What is the Book Value of Dalmia Bharat Sugar & Industries Ltd?

The Book Value of Dalmia Bharat Sugar & Industries Ltd is 363.

What is the Dividend Yield of Dalmia Bharat Sugar & Industries Ltd?

The Dividend Yield of Dalmia Bharat Sugar & Industries Ltd is 1.10 %.

What is the ROCE of Dalmia Bharat Sugar & Industries Ltd?

The ROCE of Dalmia Bharat Sugar & Industries Ltd is 12.2 %.

What is the ROE of Dalmia Bharat Sugar & Industries Ltd?

The ROE of Dalmia Bharat Sugar & Industries Ltd is 9.73 %.

What is the Face Value of Dalmia Bharat Sugar & Industries Ltd?

The Face Value of Dalmia Bharat Sugar & Industries Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Dalmia Bharat Sugar & Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE