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

Fundamental Analysis of Dhampur Sugar Mills Ltd

About the Company - Dhampur Sugar Mills Ltd

Dhampur Sugar Mills Ltd. is a Public Limited Listed company incorporated on 22/05/1933 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L15249UP1933PLC000511 and registration number is 000511. Currently Company is involved in the business activities of Electric power generation using other non conventional sources. Company’s Total Operating Revenue is Rs. 2198.16 Cr. and Equity Capital is Rs. 66.38 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarSugar, Co-generation and Distillery Unit: Bijnor District Uttar Pradesh 246761investordesk@dhampursugar.com
https://www.dhampursugar.com
Management
NamePosition Held
Mr. Ashok Kumar GoelChairman & Wholetime Director
Mr. Gaurav GoelManaging Director
Mr. Anant PandeWholeTime Director & CEO
Mr. Mahesh Prasad MehrotraIndependent Director
Mr. Yashwardhan PoddarIndependent Director
Mr. Satpal Kumar AroraIndependent Director
Mr. Anuj KhannaIndependent Director
Ms. Pallavi KhandelwalIndependent Director

Dhampur Sugar Mills Ltd. Share Price Update

Share PriceValue
Today₹223.15
Previous Day₹222.85

Basic Stock Data of Dhampur Sugar Mills Ltd

Last Updated: April 21, 2024, 12:23 pm

Market Cap 1,478 Cr.
Current Price 223
High / Low326/206
Stock P/E10.4
Book Value 159
Dividend Yield2.25 %
ROCE15.2 %
ROE16.6 %
Face Value 10.0

Data Source: screener.in

Competitors of Dhampur Sugar Mills Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bannari Amman Sugars Ltd 3,307 Cr. 2,6372,975/2,20118.3 1,2750.47 %11.9 %9.64 % 10.0
Rajshree Sugars & Chemicals Ltd 206 Cr. 62.2102/36.29.64 83.60.00 %4.61 %4.06 % 10.0
Zuari Industries Ltd 1,074 Cr. 361374/120121 8610.28 %10.7 %11.4 % 10.0
Simbhaoli Sugars Ltd 117 Cr. 28.238.5/20.9 41.10.00 %0.48 %% 10.0
Ugar Sugar Works Ltd 847 Cr. 75.3136/64.012.3 15.20.66 %27.3 %60.6 % 1.00
Industry Average1,110.20 Cr632.7432.25455.180.28%11.00%17.14%8.20

Dhampur Sugar Mills Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1,089631811400562467703541544671783459364
Expenses979538708346461399621510458567689437311
Operating Profit110931035310068823186104942254
OPM %10%15%13%13%18%15%12%6%16%16%12%5%15%
Other Income146320757041516
Interest1310261291417115111476
Depreciation22122010131412101416131216
Profit before tax77117603379475717678268748
Tax %29%22%27%25%26%37%32%31%31%26%33%28%33%
Net Profit5591442558303912466145532
EPS in Rs8.2513.776.563.768.754.485.921.726.989.096.830.814.78

Last Updated: April 4, 2024, 3:09 pm

Dhampur Sugar Mills Ltd Quarterly Chart

Dhampur Sugar Mills Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,5381,4811,8231,7772,2332,5843,3522,8923,4842,1581,9042,4602,458
Expenses1,2861,2601,6931,6442,0232,0682,9972,4333,1321,8791,6132,1522,151
Operating Profit251221130134210516354460353279292308307
OPM %16%15%7%8%9%20%11%16%10%13%15%12%12%
Other Income-44112117352527183196101110
Interest951161591501591671229010139504438
Depreciation68777655555458707651505255
Profit before tax4539-84-5431320203317207284202223224
Tax %34%42%7%76%18%28%25%21%-4%19%29%29%
Net Profit3023-78-1326230151251216229144158158
EPS in Rs5.504.21-13.70-2.194.3034.4222.8537.8132.6134.5221.6923.7223.71
Dividend Payout %23%30%0%0%0%17%13%17%18%17%28%25%

Dhampur Sugar Mills Ltd Profit & Loss Yearly Chart

Dhampur Sugar Mills Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:-6%
3 Years:-11%
TTM:1%
Compounded Profit Growth
10 Years:22%
5 Years:1%
3 Years:-9%
TTM:13%
Stock Price CAGR
10 Years:18%
5 Years:2%
3 Years:7%
1 Year:-7%
Return on Equity
10 Years:14%
5 Years:17%
3 Years:15%
Last Year:17%

Last Updated: April 17, 2024, 7:59 am

Dhampur Sugar Mills Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital54545759606666666666666666
Reserves4224043613476358369351,1581,2951,494819976988
Preference Capital982317150000000
Borrowings9921,4391,3351,6091,6571,9151,4491,8241,7521,158886744384
Other Liabilities5757609811,013843514685877755753394335203
Total Liabilities2,0442,6572,7353,0283,1963,3313,1363,9273,8693,4712,1652,1221,641
Fixed Assets9851,0731,0861,2541,4961,4941,5971,5971,6381,6149991,0451,132
CWIP351920718282724347212910331
Investments912113212235249
Other Assets1,0151,5641,4401,7551,6711,8071,5122,2842,2221,8331,132971429
Total Assets2,0442,6572,7353,0283,1963,3313,1363,9273,8693,4712,1652,1221,641

Dhampur Sugar Mills Ltd Reserves and Borrowings Chart

Dhampur Sugar Mills Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 52-149481-81168-48805-203338880-0383
Cash from Investing Activity -52-53-247-46-42-56-140-90-49-80-105-146
Cash from Financing Activity -11221-239125-117106-647268-293-73877-243
Net Cash Flow-1119-5-29219-26-363-28-6

Dhampur Sugar Mills Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days513624464131274936503129
Inventory Days227469311327265315158302216293230129
Days Payable138221179176995673120811356335
Cash Conversion Cycle140283157196207289113231171209198123
Working Capital Days7916570116981688016414217713696
ROCE %10%9%4%5%8%19%12%15%10%11%11%15%

Dhampur Sugar Mills Ltd Financial Efficiency Indicators Chart

Dhampur Sugar Mills Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters49.08%49.08%49.08%49.08%49.08%49.08%49.09%49.09%49.09%49.09%49.09%49.09%
FIIs2.85%5.81%5.28%5.91%8.68%7.16%5.57%5.09%4.77%6.45%7.57%6.21%
DIIs0.68%0.79%0.59%0.60%0.59%0.49%0.48%0.51%0.50%0.45%0.47%0.45%
Public47.38%44.31%45.05%44.40%41.65%43.27%44.87%45.32%45.65%44.02%42.88%44.24%
No. of Shareholders42,71160,86966,24168,41164,74377,85982,62580,07678,35171,18072,71979,510

Dhampur Sugar Mills Ltd Shareholding Pattern Chart

No. of Dhampur Sugar Mills Ltd Shareholders

This stock is not held by any mutual fund

Dhampur Sugar Mills Ltd ROCE Trend

Dhampur Sugar Mills Ltd EPS Trend

Dhampur Sugar Mills Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)23.8021.7034.5232.6137.81
Diluted EPS (Rs.)23.8021.7034.5232.6137.81
Cash EPS (Rs.)31.6529.2746.1543.8948.41
Book Value[Excl.RevalReserv]/Share (Rs.)157.13133.32234.77204.95184.47
Book Value[Incl.RevalReserv]/Share (Rs.)157.13133.32234.77204.95184.47
Revenue From Operations / Share (Rs.)432.96325.85636.79530.63444.55
PBDIT / Share (Rs.)48.0345.5071.1659.0372.42
PBIT / Share (Rs.)40.1837.9259.4647.5961.77
PBT / Share (Rs.)33.5630.3747.4432.4548.03
Net Profit / Share (Rs.)23.8021.7034.4632.4537.76
NP After MI And SOA / Share (Rs.)23.7321.7034.4932.5837.78
PBDIT Margin (%)11.0913.9611.1711.1216.28
PBIT Margin (%)9.2811.639.338.9613.89
PBT Margin (%)7.759.317.456.1110.80
Net Profit Margin (%)5.496.655.416.118.49
NP After MI And SOA Margin (%)5.486.655.416.148.49
Return on Networth / Equity (%)15.1016.2714.6915.9020.49
Return on Capital Employeed (%)19.8021.5220.0817.1822.19
Return On Assets (%)7.426.656.605.596.39
Long Term Debt / Equity (X)0.200.260.200.310.43
Total Debt / Equity (X)0.690.990.661.201.37
Asset Turnover Ratio (%)1.340.781.150.870.79
Current Ratio (X)1.241.121.201.081.08
Quick Ratio (X)0.380.260.340.280.27
Inventory Turnover Ratio (X)2.221.521.961.521.69
Dividend Payout Ratio (NP) (%)0.0027.6517.3733.2611.15
Dividend Payout Ratio (CP) (%)0.0020.4912.9724.628.70
Earning Retention Ratio (%)0.0072.3582.6366.7488.85
Cash Earning Retention Ratio (%)0.0079.5187.0375.3891.30
Interest Coverage Ratio (X)7.266.025.923.905.27
Interest Coverage Ratio (Post Tax) (X)4.603.873.873.233.75
Enterprise Value (Cr.)2152.924371.242166.692169.193205.46
EV / Net Operating Revenue (X)0.742.020.510.611.09
EV / EBITDA (X)6.7514.474.585.536.66
MarketCap / Net Operating Revenue (X)0.511.640.280.150.52
Retention Ratios (%)0.0072.3482.6266.7388.84
Price / BV (X)1.424.010.770.401.26
Price / Net Operating Revenue (X)0.511.640.280.150.52
EarningsYield0.100.040.180.390.16

Dhampur Sugar Mills Ltd Profitability Ratios (%)

Dhampur Sugar Mills Ltd Liquidity Ratios

Dhampur Sugar Mills Ltd Liquidity Ratios (%)

Dhampur Sugar Mills Ltd Interest Coverage Ratios (%)

Dhampur Sugar Mills Ltd Valuation Ratios

Fair Value of Dhampur Sugar Mills Ltd Stock

Fair Value: 280.67

The stock is undervalued by 25.86% compared to the current price ₹223

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 Dhampur Sugar Mills Ltd Stock

StrengthWeakness
  1. The company has higher reserves (820.77 cr) compared to borrowings (5.54 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (1.77 cr) and profit (150.54 cr) over the years.
  1. The stock has a low average ROCE of 10.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 124.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 193.08, which may not be favorable.

FAQ

What is the latest fair value of Dhampur Sugar Mills Ltd?

The latest fair value of Dhampur Sugar Mills Ltd is 280.67.

What is the Market Cap of Dhampur Sugar Mills Ltd?

The Market Cap of Dhampur Sugar Mills Ltd is 1,478 Cr..

What is the current Stock Price of Dhampur Sugar Mills Ltd as on 21 April 2024?

The current stock price of Dhampur Sugar Mills Ltd as on 21 April 2024 is 223.

What is the High / Low of Dhampur Sugar Mills Ltd stocks in FY 2024?

In FY 2024, the High / Low of Dhampur Sugar Mills Ltd stocks is ₹326/206.

What is the Stock P/E of Dhampur Sugar Mills Ltd?

The Stock P/E of Dhampur Sugar Mills Ltd is 10.4.

What is the Book Value of Dhampur Sugar Mills Ltd?

The Book Value of Dhampur Sugar Mills Ltd is 159.

What is the Dividend Yield of Dhampur Sugar Mills Ltd?

The Dividend Yield of Dhampur Sugar Mills Ltd is 2.25 %.

What is the ROCE of Dhampur Sugar Mills Ltd?

The ROCE of Dhampur Sugar Mills Ltd is 15.2 %.

What is the ROE of Dhampur Sugar Mills Ltd?

The ROE of Dhampur Sugar Mills Ltd is 16.6 %.

What is the Face Value of Dhampur Sugar Mills Ltd?

The Face Value of Dhampur Sugar Mills Ltd is 10.0.

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 Dhampur Sugar Mills 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