Share Price and Basic Stock Data
Last Updated: December 19, 2025, 8:27 pm
| PEG Ratio | -1.22 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Dwarikesh Sugar Industries Ltd operates in the sugar sector, a domain characterized by cyclical demand and regulatory challenges. As of the latest data, the company reported a market capitalization of ₹681 Cr, with its stock price hovering around ₹36.8. Over the past fiscal year, sales peaked at ₹2,103 Cr in March 2023, reflecting a robust performance compared to ₹1,979 Cr in March 2022. However, the subsequent fiscal year appears to have brought a decline, with revenues expected to drop to ₹1,710 Cr by March 2024. This dip raises questions about the sustainability of growth, particularly as the company grapples with fluctuating sugar prices and changing government policies. The trailing twelve months (TTM) revenue stands at ₹1,423 Cr, indicating a potential recovery phase, although the trend suggests a need for strategic pivots in operations to maintain competitiveness.
Profitability and Efficiency Metrics
When analyzing Dwarikesh’s profitability, the figures paint a mixed picture. The company’s operating profit margin (OPM) for the trailing twelve months is just 8.82%, a decline from 12.67% the previous year, signaling tightening margins in a challenging environment. The return on equity (ROE) stands at a modest 2.89%, while return on capital employed (ROCE) is significantly lower at 7.19%. This highlights that despite generating revenue, the efficiency in utilizing equity and capital to generate profits is lacking. Moreover, the interest coverage ratio (ICR) of 6.47x suggests that the company is comfortably managing its debt obligations, a positive sign in a capital-intensive industry. However, the operating profit has seen fluctuations, with a notable drop to just 2.29% in June 2024, raising concerns about the company’s ability to maintain profitability amid rising costs and competitive pressures.
Balance Sheet Strength and Financial Ratios
Dwarikesh Sugar’s balance sheet exhibits a blend of strengths and vulnerabilities. The company reported total borrowings of ₹175 Cr against reserves of ₹736 Cr, translating to a debt-to-equity ratio of approximately 0.62. This relatively low leverage indicates financial prudence, allowing for potential growth without overextending itself. However, the cash conversion cycle (CCC) of 277 days points to inefficiencies in inventory and receivables management, which could tie up capital that might be better utilized elsewhere. Furthermore, the current ratio of 1.90 reflects a healthy liquidity position, ensuring that the company can meet its short-term obligations. Nevertheless, the price-to-book value (P/BV) ratio of 0.84x suggests that the stock may be undervalued relative to its net assets, presenting a potential entry point for discerning investors.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Dwarikesh Sugar reveals a stable yet fragmented ownership structure. Promoters hold 42.10% of the company, indicating a strong alignment of interests with operational management. However, foreign institutional investors (FIIs) have seen their stake decrease to 1.74%, while domestic institutional investors (DIIs) hold no shares, which could be a red flag for potential investors looking for institutional confidence. The public holds a significant 56.03%, a testament to the retail investor interest in the company. The number of shareholders has also seen fluctuations, with 183,124 shareholders reported recently. This broad base is a positive indicator of retail engagement, but the lack of institutional backing may raise concerns regarding the stock’s stability during market volatility.
Outlook, Risks, and Final Insight
Looking ahead, Dwarikesh Sugar faces both opportunities and risks that could influence its stock performance. The sugar industry is poised for growth with rising domestic demand and favorable government policies, yet it remains susceptible to price volatility and regulatory changes. The company’s ability to enhance operational efficiencies and manage costs will be crucial in navigating these challenges. Additionally, fluctuations in global sugar prices could impact profitability, especially if domestic prices do not keep pace. Investors should weigh the potential for recovery against the backdrop of these risks, considering both the company’s financial health and the broader market conditions. Ultimately, while Dwarikesh Sugar Industries presents a compelling narrative with its strong retail shareholder base and manageable debt levels, the path forward requires strategic agility to harness growth in a volatile sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gayatri Sugars Ltd | 82.3 Cr. | 11.1 | 16.7/7.02 | 294 | 16.8 | 0.00 % | 36.6 % | % | 10.0 |
| Dhampure Speciality Sugars Ltd | 78.0 Cr. | 89.3 | 128/82.0 | 19.8 | 45.3 | 0.00 % | 11.6 % | 8.88 % | 10.0 |
| Dhampur Bio Organics Ltd | 502 Cr. | 75.6 | 122/57.3 | 294 | 145 | 1.65 % | 3.97 % | 1.56 % | 10.0 |
| DCM Shriram Industries Ltd | 1,420 Cr. | 163 | 198/141 | 23.3 | 105 | 1.22 % | 13.7 % | 11.8 % | 2.00 |
| Davangere Sugar Company Ltd | 631 Cr. | 4.41 | 12.4/3.03 | 49.9 | 3.52 | 0.00 % | 6.70 % | 3.17 % | 1.00 |
| Industry Average | 1,752.41 Cr | 261.18 | 44.50 | 225.56 | 0.69% | 8.62% | 7.89% | 6.37 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 646.46 | 540.11 | 383.84 | 532.55 | 571.21 | 445.50 | 312.91 | 379.94 | 341.25 | 246.06 | 312.72 | 458.85 | 405.47 |
| Expenses | 573.16 | 511.80 | 357.34 | 446.12 | 494.14 | 416.78 | 286.93 | 306.76 | 338.96 | 269.07 | 285.51 | 351.87 | 401.55 |
| Operating Profit | 73.30 | 28.31 | 26.50 | 86.43 | 77.07 | 28.72 | 25.98 | 73.18 | 2.29 | -23.01 | 27.21 | 106.98 | 3.92 |
| OPM % | 11.34% | 5.24% | 6.90% | 16.23% | 13.49% | 6.45% | 8.30% | 19.26% | 0.67% | -9.35% | 8.70% | 23.31% | 0.97% |
| Other Income | 1.95 | 2.31 | 7.89 | 1.89 | 0.33 | 3.18 | 6.05 | 2.12 | 0.60 | 1.94 | 3.68 | 0.22 | 0.50 |
| Interest | 7.76 | 6.16 | 6.00 | 5.92 | 5.51 | 3.50 | 4.26 | 6.86 | 5.58 | 2.65 | 2.62 | 7.68 | 5.39 |
| Depreciation | 10.79 | 13.27 | 13.37 | 12.81 | 12.80 | 13.47 | 13.59 | 12.64 | 12.30 | 12.32 | 12.41 | 11.89 | 12.06 |
| Profit before tax | 56.70 | 11.19 | 15.02 | 69.59 | 59.09 | 14.93 | 14.18 | 55.80 | -14.99 | -36.04 | 15.86 | 87.63 | -13.03 |
| Tax % | 30.00% | 29.94% | 29.96% | 32.91% | 31.24% | 31.28% | 30.75% | 58.96% | -35.09% | -33.41% | 32.35% | 47.13% | -28.01% |
| Net Profit | 39.70 | 7.84 | 10.52 | 46.69 | 40.62 | 10.26 | 9.81 | 22.89 | -9.73 | -24.00 | 10.73 | 46.33 | -9.38 |
| EPS in Rs | 2.11 | 0.42 | 0.56 | 2.48 | 2.16 | 0.54 | 0.52 | 1.22 | -0.53 | -1.30 | 0.58 | 2.50 | -0.51 |
Last Updated: August 20, 2025, 11:20 am
Below is a detailed analysis of the quarterly data for Dwarikesh Sugar Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 405.47 Cr.. The value appears to be declining and may need further review. It has decreased from 458.85 Cr. (Mar 2025) to 405.47 Cr., marking a decrease of 53.38 Cr..
- For Expenses, as of Jun 2025, the value is 401.55 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 351.87 Cr. (Mar 2025) to 401.55 Cr., marking an increase of 49.68 Cr..
- For Operating Profit, as of Jun 2025, the value is 3.92 Cr.. The value appears to be declining and may need further review. It has decreased from 106.98 Cr. (Mar 2025) to 3.92 Cr., marking a decrease of 103.06 Cr..
- For OPM %, as of Jun 2025, the value is 0.97%. The value appears to be declining and may need further review. It has decreased from 23.31% (Mar 2025) to 0.97%, marking a decrease of 22.34%.
- For Other Income, as of Jun 2025, the value is 0.50 Cr.. The value appears strong and on an upward trend. It has increased from 0.22 Cr. (Mar 2025) to 0.50 Cr., marking an increase of 0.28 Cr..
- For Interest, as of Jun 2025, the value is 5.39 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 7.68 Cr. (Mar 2025) to 5.39 Cr., marking a decrease of 2.29 Cr..
- For Depreciation, as of Jun 2025, the value is 12.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.89 Cr. (Mar 2025) to 12.06 Cr., marking an increase of 0.17 Cr..
- For Profit before tax, as of Jun 2025, the value is -13.03 Cr.. The value appears to be declining and may need further review. It has decreased from 87.63 Cr. (Mar 2025) to -13.03 Cr., marking a decrease of 100.66 Cr..
- For Tax %, as of Jun 2025, the value is -28.01%. The value appears to be improving (decreasing) as expected. It has decreased from 47.13% (Mar 2025) to -28.01%, marking a decrease of 75.14%.
- For Net Profit, as of Jun 2025, the value is -9.38 Cr.. The value appears to be declining and may need further review. It has decreased from 46.33 Cr. (Mar 2025) to -9.38 Cr., marking a decrease of 55.71 Cr..
- For EPS in Rs, as of Jun 2025, the value is -0.51. The value appears to be declining and may need further review. It has decreased from 2.50 (Mar 2025) to -0.51, marking a decrease of 3.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:25 am
| Metric | Sep 2013 | Mar 2015n n 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 928 | 1,128 | 794 | 1,190 | 1,430 | 1,084 | 1,336 | 1,839 | 1,979 | 2,103 | 1,710 | 1,359 | 1,423 |
| Expenses | 869 | 1,043 | 686 | 917 | 1,287 | 955 | 1,200 | 1,638 | 1,688 | 1,888 | 1,505 | 1,245 | 1,326 |
| Operating Profit | 59 | 86 | 108 | 273 | 142 | 129 | 136 | 201 | 291 | 215 | 205 | 113 | 97 |
| OPM % | 6% | 8% | 14% | 23% | 10% | 12% | 10% | 11% | 15% | 10% | 12% | 8% | 7% |
| Other Income | 13 | 10 | 13 | 18 | 17 | 36 | 5 | 7 | 3 | 14 | 12 | 6 | 7 |
| Interest | 71 | 75 | 52 | 52 | 25 | 21 | 33 | 48 | 32 | 26 | 20 | 19 | 17 |
| Depreciation | 33 | 47 | 31 | 30 | 32 | 33 | 37 | 41 | 44 | 50 | 52 | 49 | 49 |
| Profit before tax | -32 | -27 | 39 | 209 | 102 | 111 | 72 | 120 | 219 | 152 | 144 | 52 | 38 |
| Tax % | -39% | -37% | 1% | 25% | 1% | 14% | -3% | 24% | 29% | 31% | 42% | 56% | |
| Net Profit | -19 | -17 | 39 | 156 | 101 | 95 | 73 | 92 | 155 | 105 | 84 | 23 | 15 |
| EPS in Rs | -1.19 | -1.03 | 2.39 | 8.29 | 5.39 | 5.05 | 3.90 | 4.86 | 8.24 | 5.56 | 4.44 | 1.26 | 0.81 |
| Dividend Payout % | 0% | 0% | 0% | 12% | 0% | 20% | 26% | 26% | 24% | 36% | 0% | 0% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 300.00% | -35.26% | -5.94% | -23.16% | 26.03% | 68.48% | -32.26% | -20.00% | -72.62% |
| Change in YoY Net Profit Growth (%) | 0.00% | -335.26% | 29.32% | -17.22% | 49.19% | 42.45% | -100.74% | 12.26% | -52.62% |
Dwarikesh Sugar Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2016-2017 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 0% |
| 3 Years: | -12% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | -21% |
| 3 Years: | -47% |
| TTM: | -29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 8% |
| 3 Years: | -25% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 13% |
| 3 Years: | 9% |
| Last Year: | 3% |
Last Updated: September 5, 2025, 3:15 am
Balance Sheet
Last Updated: December 4, 2025, 1:11 am
| Month | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 73 | 56 | 70 | 267 | 347 | 445 | 465 | 560 | 654 | 721 | 803 | 788 | 736 |
| Borrowings | 423 | 655 | 687 | 533 | 342 | 656 | 846 | 609 | 524 | 375 | 456 | 507 | 175 |
| Other Liabilities | 148 | 271 | 229 | 200 | 276 | 246 | 279 | 257 | 222 | 166 | 137 | 149 | 99 |
| Total Liabilities | 660 | 999 | 1,001 | 1,019 | 984 | 1,365 | 1,609 | 1,445 | 1,420 | 1,280 | 1,415 | 1,463 | 1,028 |
| Fixed Assets | 440 | 399 | 356 | 331 | 341 | 319 | 430 | 410 | 388 | 582 | 583 | 547 | 524 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 16 | 2 | 1 | 142 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Other Assets | 220 | 600 | 644 | 687 | 642 | 1,029 | 1,177 | 1,035 | 889 | 697 | 831 | 915 | 500 |
| Total Assets | 660 | 999 | 1,001 | 1,019 | 984 | 1,365 | 1,609 | 1,445 | 1,420 | 1,280 | 1,415 | 1,463 | 1,028 |
Below is a detailed analysis of the balance sheet data for Dwarikesh Sugar Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 19.00 Cr..
- For Reserves, as of Sep 2025, the value is 736.00 Cr.. The value appears to be declining and may need further review. It has decreased from 788.00 Cr. (Mar 2025) to 736.00 Cr., marking a decrease of 52.00 Cr..
- For Borrowings, as of Sep 2025, the value is 175.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 507.00 Cr. (Mar 2025) to 175.00 Cr., marking a decrease of 332.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 99.00 Cr.. The value appears to be improving (decreasing). It has decreased from 149.00 Cr. (Mar 2025) to 99.00 Cr., marking a decrease of 50.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,028.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,463.00 Cr. (Mar 2025) to 1,028.00 Cr., marking a decrease of 435.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 524.00 Cr.. The value appears to be declining and may need further review. It has decreased from 547.00 Cr. (Mar 2025) to 524.00 Cr., marking a decrease of 23.00 Cr..
- For CWIP, as of Sep 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
- For Other Assets, as of Sep 2025, the value is 500.00 Cr.. The value appears to be declining and may need further review. It has decreased from 915.00 Cr. (Mar 2025) to 500.00 Cr., marking a decrease of 415.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,028.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,463.00 Cr. (Mar 2025) to 1,028.00 Cr., marking a decrease of 435.00 Cr..
Notably, the Reserves (736.00 Cr.) exceed the Borrowings (175.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2015n n 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 86.00 | -579.00 | -260.00 | -200.00 | -527.00 | -710.00 | -408.00 | -233.00 | -160.00 | -251.00 | -394.00 | -364.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 14 | 30 | 17 | 14 | 20 | 27 | 13 | 6 | 12 | 8 | 17 |
| Inventory Days | 89 | 195 | 333 | 286 | 172 | 388 | 330 | 223 | 191 | 128 | 222 | 272 |
| Days Payable | 45 | 80 | 89 | 36 | 70 | 86 | 75 | 49 | 24 | 13 | 13 | 12 |
| Cash Conversion Cycle | 44 | 129 | 273 | 267 | 116 | 322 | 281 | 187 | 173 | 128 | 216 | 277 |
| Working Capital Days | -69 | -40 | -11 | 21 | 10 | 71 | 52 | 56 | 53 | 60 | 87 | 93 |
| ROCE % | 7% | 8% | 11% | 32% | 17% | 14% | 9% | 13% | 21% | 15% | 14% | 5% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Microcap 250 Index Fund | 120,885 | 0.19 | 1.1 | 120,885 | 2025-04-22 06:41:30 | 0% |
| Groww Nifty Total Market Index Fund | 308 | 0.01 | 0 | 308 | 2025-04-22 17:25:37 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 1.26 | 4.44 | 5.57 | 8.24 | 4.86 |
| Diluted EPS (Rs.) | 1.26 | 4.44 | 5.57 | 8.24 | 4.86 |
| Cash EPS (Rs.) | 3.90 | 7.22 | 8.23 | 10.56 | 7.03 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 43.51 | 43.66 | 39.29 | 35.76 | 30.74 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 43.51 | 43.66 | 39.29 | 35.76 | 30.74 |
| Dividend / Share (Rs.) | 0.50 | 0.00 | 2.00 | 2.00 | 1.25 |
| Revenue From Operations / Share (Rs.) | 73.33 | 90.79 | 111.68 | 104.84 | 97.65 |
| PBDIT / Share (Rs.) | 6.47 | 11.50 | 12.14 | 15.61 | 11.06 |
| PBIT / Share (Rs.) | 3.83 | 8.72 | 9.47 | 13.29 | 8.89 |
| PBT / Share (Rs.) | 2.83 | 7.65 | 8.10 | 11.61 | 6.36 |
| Net Profit / Share (Rs.) | 1.26 | 4.44 | 5.57 | 8.24 | 4.86 |
| PBDIT Margin (%) | 8.82 | 12.67 | 10.86 | 14.89 | 11.33 |
| PBIT Margin (%) | 5.22 | 9.59 | 8.48 | 12.68 | 9.10 |
| PBT Margin (%) | 3.86 | 8.42 | 7.25 | 11.07 | 6.51 |
| Net Profit Margin (%) | 1.71 | 4.88 | 4.98 | 7.86 | 4.97 |
| Return on Networth / Equity (%) | 2.89 | 10.15 | 14.16 | 23.05 | 15.81 |
| Return on Capital Employeed (%) | 7.19 | 15.89 | 18.16 | 27.87 | 22.33 |
| Return On Assets (%) | 1.59 | 5.90 | 8.18 | 10.93 | 6.33 |
| Long Term Debt / Equity (X) | 0.11 | 0.17 | 0.28 | 0.29 | 0.25 |
| Total Debt / Equity (X) | 0.62 | 0.54 | 0.50 | 0.77 | 0.96 |
| Asset Turnover Ratio (%) | 0.94 | 1.27 | 1.56 | 1.38 | 1.20 |
| Current Ratio (X) | 1.90 | 2.16 | 2.30 | 1.62 | 1.41 |
| Quick Ratio (X) | 0.32 | 0.21 | 0.41 | 0.17 | 0.18 |
| Inventory Turnover Ratio (X) | 1.82 | 2.19 | 2.16 | 1.70 | 1.55 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 35.93 | 39.42 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 24.28 | 30.77 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 64.07 | 60.58 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 75.72 | 69.23 | 0.00 |
| Interest Coverage Ratio (X) | 6.47 | 10.76 | 8.84 | 9.29 | 4.37 |
| Interest Coverage Ratio (Post Tax) (X) | 2.26 | 5.15 | 5.05 | 5.90 | 2.92 |
| Enterprise Value (Cr.) | 1104.19 | 1725.65 | 1938.62 | 2843.43 | 1135.57 |
| EV / Net Operating Revenue (X) | 0.81 | 1.01 | 0.92 | 1.44 | 0.61 |
| EV / EBITDA (X) | 9.21 | 7.97 | 8.48 | 9.67 | 5.45 |
| MarketCap / Net Operating Revenue (X) | 0.50 | 0.76 | 0.76 | 1.20 | 0.31 |
| Retention Ratios (%) | 0.00 | 0.00 | 64.06 | 60.57 | 0.00 |
| Price / BV (X) | 0.84 | 1.59 | 2.17 | 3.51 | 1.00 |
| Price / Net Operating Revenue (X) | 0.50 | 0.76 | 0.76 | 1.20 | 0.31 |
| EarningsYield | 0.03 | 0.06 | 0.06 | 0.06 | 0.15 |
After reviewing the key financial ratios for Dwarikesh Sugar Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.26. This value is below the healthy minimum of 5. It has decreased from 4.44 (Mar 24) to 1.26, marking a decrease of 3.18.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.26. This value is below the healthy minimum of 5. It has decreased from 4.44 (Mar 24) to 1.26, marking a decrease of 3.18.
- For Cash EPS (Rs.), as of Mar 25, the value is 3.90. This value is within the healthy range. It has decreased from 7.22 (Mar 24) to 3.90, marking a decrease of 3.32.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 43.51. It has decreased from 43.66 (Mar 24) to 43.51, marking a decrease of 0.15.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 43.51. It has decreased from 43.66 (Mar 24) to 43.51, marking a decrease of 0.15.
- For Dividend / Share (Rs.), as of Mar 25, the value is 0.50. This value is below the healthy minimum of 1. It has increased from 0.00 (Mar 24) to 0.50, marking an increase of 0.50.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 73.33. It has decreased from 90.79 (Mar 24) to 73.33, marking a decrease of 17.46.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 6.47. This value is within the healthy range. It has decreased from 11.50 (Mar 24) to 6.47, marking a decrease of 5.03.
- For PBIT / Share (Rs.), as of Mar 25, the value is 3.83. This value is within the healthy range. It has decreased from 8.72 (Mar 24) to 3.83, marking a decrease of 4.89.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.83. This value is within the healthy range. It has decreased from 7.65 (Mar 24) to 2.83, marking a decrease of 4.82.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.26. This value is below the healthy minimum of 2. It has decreased from 4.44 (Mar 24) to 1.26, marking a decrease of 3.18.
- For PBDIT Margin (%), as of Mar 25, the value is 8.82. This value is below the healthy minimum of 10. It has decreased from 12.67 (Mar 24) to 8.82, marking a decrease of 3.85.
- For PBIT Margin (%), as of Mar 25, the value is 5.22. This value is below the healthy minimum of 10. It has decreased from 9.59 (Mar 24) to 5.22, marking a decrease of 4.37.
- For PBT Margin (%), as of Mar 25, the value is 3.86. This value is below the healthy minimum of 10. It has decreased from 8.42 (Mar 24) to 3.86, marking a decrease of 4.56.
- For Net Profit Margin (%), as of Mar 25, the value is 1.71. This value is below the healthy minimum of 5. It has decreased from 4.88 (Mar 24) to 1.71, marking a decrease of 3.17.
- For Return on Networth / Equity (%), as of Mar 25, the value is 2.89. This value is below the healthy minimum of 15. It has decreased from 10.15 (Mar 24) to 2.89, marking a decrease of 7.26.
- For Return on Capital Employeed (%), as of Mar 25, the value is 7.19. This value is below the healthy minimum of 10. It has decreased from 15.89 (Mar 24) to 7.19, marking a decrease of 8.70.
- For Return On Assets (%), as of Mar 25, the value is 1.59. This value is below the healthy minimum of 5. It has decreased from 5.90 (Mar 24) to 1.59, marking a decrease of 4.31.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.11. This value is below the healthy minimum of 0.2. It has decreased from 0.17 (Mar 24) to 0.11, marking a decrease of 0.06.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.62. This value is within the healthy range. It has increased from 0.54 (Mar 24) to 0.62, marking an increase of 0.08.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.94. It has decreased from 1.27 (Mar 24) to 0.94, marking a decrease of 0.33.
- For Current Ratio (X), as of Mar 25, the value is 1.90. This value is within the healthy range. It has decreased from 2.16 (Mar 24) to 1.90, marking a decrease of 0.26.
- For Quick Ratio (X), as of Mar 25, the value is 0.32. This value is below the healthy minimum of 1. It has increased from 0.21 (Mar 24) to 0.32, marking an increase of 0.11.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.82. This value is below the healthy minimum of 4. It has decreased from 2.19 (Mar 24) to 1.82, marking a decrease of 0.37.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 6.47. This value is within the healthy range. It has decreased from 10.76 (Mar 24) to 6.47, marking a decrease of 4.29.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.26. This value is below the healthy minimum of 3. It has decreased from 5.15 (Mar 24) to 2.26, marking a decrease of 2.89.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,104.19. It has decreased from 1,725.65 (Mar 24) to 1,104.19, marking a decrease of 621.46.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.81. This value is below the healthy minimum of 1. It has decreased from 1.01 (Mar 24) to 0.81, marking a decrease of 0.20.
- For EV / EBITDA (X), as of Mar 25, the value is 9.21. This value is within the healthy range. It has increased from 7.97 (Mar 24) to 9.21, marking an increase of 1.24.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.50. This value is below the healthy minimum of 1. It has decreased from 0.76 (Mar 24) to 0.50, marking a decrease of 0.26.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 0.84. This value is below the healthy minimum of 1. It has decreased from 1.59 (Mar 24) to 0.84, marking a decrease of 0.75.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.50. This value is below the healthy minimum of 1. It has decreased from 0.76 (Mar 24) to 0.50, marking a decrease of 0.26.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 24) to 0.03, marking a decrease of 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Dwarikesh Sugar Industries Ltd:
- Net Profit Margin: 1.71%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 7.19% (Industry Average ROCE: 8.62%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 2.89% (Industry Average ROE: 7.89%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.26
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.32
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 45.3 (Industry average Stock P/E: 44.5)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.62
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 1.71%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Sugar | Dwarikesh Nagar, Bijnor District Uttar Pradesh 246762 | investors@dwarikesh.com http://www.dwarikesh.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Gautam Radheshyam Morarka | Executive Chairman |
| Mr. Vijay Sitaram Banka | Managing Director |
| Mr. Balkishan J Maheshwari | Managing Director |
| Mr. Prithviraj Natrajan Kokkarne | Ind. Non-Executive Director |
| Mr. Rajan Krishnanath Medhekar | Ind. Non-Executive Director |
| Mr. Arun Kumar Tulsian | Ind. Non-Executive Director |
| Ms. Nina Chatrath | Ind. Non-Executive Woman Director |
| Mrs. Bharati Balaji | Ind. Non-Executive Woman Director |
FAQ
What is the intrinsic value of Dwarikesh Sugar Industries Ltd?
Dwarikesh Sugar Industries Ltd's intrinsic value (as of 19 December 2025) is 42.75 which is 15.54% higher the current market price of 37.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 682 Cr. market cap, FY2025-2026 high/low of 61.2/33.0, reserves of ₹736 Cr, and liabilities of 1,028 Cr.
What is the Market Cap of Dwarikesh Sugar Industries Ltd?
The Market Cap of Dwarikesh Sugar Industries Ltd is 682 Cr..
What is the current Stock Price of Dwarikesh Sugar Industries Ltd as on 19 December 2025?
The current stock price of Dwarikesh Sugar Industries Ltd as on 19 December 2025 is 37.0.
What is the High / Low of Dwarikesh Sugar Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Dwarikesh Sugar Industries Ltd stocks is 61.2/33.0.
What is the Stock P/E of Dwarikesh Sugar Industries Ltd?
The Stock P/E of Dwarikesh Sugar Industries Ltd is 45.3.
What is the Book Value of Dwarikesh Sugar Industries Ltd?
The Book Value of Dwarikesh Sugar Industries Ltd is 40.7.
What is the Dividend Yield of Dwarikesh Sugar Industries Ltd?
The Dividend Yield of Dwarikesh Sugar Industries Ltd is 1.35 %.
What is the ROCE of Dwarikesh Sugar Industries Ltd?
The ROCE of Dwarikesh Sugar Industries Ltd is 5.48 %.
What is the ROE of Dwarikesh Sugar Industries Ltd?
The ROE of Dwarikesh Sugar Industries Ltd is 2.86 %.
What is the Face Value of Dwarikesh Sugar Industries Ltd?
The Face Value of Dwarikesh Sugar Industries Ltd is 1.00.