Dwarikesh Sugar

Why is Dwarikesh Sugar Industries Ltd falling/rising?

As of 02-Sep, Dwarikesh Sugar Industries Ltd's stock price is at 48.70, down 0.61%, and has declined 7.17% over the last two days and 9.81% over the past week. Despite a strong monthly gain of 31.20%, recent losses and a significant drop in profits are contributing to the current downward trend.

As of 02-Sep, Dwarikesh Sugar Industries Ltd's stock price is currently at 48.70, reflecting a decrease of 0.3, or 0.61%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 7.17% during this period. Additionally, over the past week, the stock has experienced a significant drop of 9.81%, contrasting with the Sensex, which only fell by 1.17%.<BR><BR>Despite a strong performance over the past month, where the stock rose by 31.20%, the recent downturn indicates a shift in momentum. The stock is currently trading below its 5-day moving average, although it remains above the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some volatility in the short term. <BR><BR>Investor participation has increased, with a delivery volume of 12.68 lacs on September 1, which is up by 6.74% compared to the 5-day average. However, the stock's performance today has underperformed its sector by 0.5%. <BR><BR>Overall, while Dwarikesh Sugar Industries Ltd has shown positive returns over the longer term, the recent price decline can be attributed to short-term volatility and recent consecutive losses, alongside a notable drop in profits by 38.8% over the past year, despite a return of 7.67%. This combination of factors is contributing to the current downward trend in the stock price.

Which are the latest news on Dwarikesh Sugar?

Who are in the management team of Dwarikesh Sugar?

The management team of Dwarikesh Sugar includes B J Maheshwari (Managing Director & Company Secretary), Vijay S Banka (Managing Director), Gautam R Morarka (Executive Chairman), and four Independent Directors: K N Prithviraj, Nina Chatrath, Gopal B Hosur, and Rajan Krishnanath Medhekar. This team combines leadership with independent oversight.

The management team of Dwarikesh Sugar includes the following individuals:<BR><BR>1. **B J Maheshwari** - Managing Director & Company Secretary<BR>2. **Vijay S Banka** - Managing Director<BR>3. **Gautam R Morarka** - Executive Chairman<BR>4. **K N Prithviraj** - Independent Director<BR>5. **Nina Chatrath** - Independent Director<BR>6. **Gopal B Hosur** - Independent Director<BR>7. **Rajan Krishnanath Medhekar** - Independent Director<BR><BR>This team brings a mix of leadership and independent oversight to the company.

What does Dwarikesh Sugar do?

Dwarikesh Sugar Industries Ltd manufactures and sells sugar, co-generates power, and produces industrial alcohol. As of June 2026, it reported net sales of ₹358 Cr and a net loss of ₹26 Cr, with a market cap of ₹954 Cr.

Overview:<BR>Dwarikesh Sugar Industries Ltd is engaged in the manufacture and sale of sugar, co-generation of power, and industrial alcohol, operating within the sugar industry as a micro-cap company.<BR><BR>History:<BR>Incorporated in 1993, Dwarikesh Sugar Industries Ltd has been operational since then. The latest quarterly results reported are for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 358 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -26 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 954 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 67.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.20% <BR>Debt-Equity: 0.39 <BR>Return on Equity: 1.75% <BR>Price to Book: 1.16 <BR><BR>Contact Details:<BR>Address: Dwarikesh Nagar, Bijnor, Uttar Pradesh: 246762 <BR>Tel: 91-1342-267057-64 <BR>Fax: 91-1342-267065 <BR>Website: http://www.dwarikesh.com

Who are the peers of the Dwarikesh Sugar?

Dwarikesh Sugar's peers include Bannari Amm. Sug., Dalmia Bharat, Avadh Sugar, and others, with varying management risks and growth rates. Avadh Sugar leads with a 1-year return of 108.16%, while Dwarikesh Sugar has a return of 33.05%.

Peers: The peers of Dwarikesh Sugar are Bannari Amm.Sug., Dalmia Bharat, Avadh Sugar, Uttam Sug.Mills, Dhampur Sugar, Dhampur Bio, Zuari Industries, Magadh Sugar, and Ugar Sugar Works.<BR><BR>Quality Snapshot: Excellent management risk is observed at M.V.K. Agro, while Average management risk is found at Bannari Amm.Sug., Dalmia Bharat, Avadh Sugar, Uttam Sug.Mills, Dhampur Sugar, Dhampur Bio, and Ugar Sugar Works, and the rest. Below Average management risk is noted at Zuari Industries. In terms of growth, Excellent growth is seen at M.V.K. Agro, while Average growth is present at Zuari Industries, and Below Average growth is found at Bannari Amm.Sug., Dalmia Bharat, Avadh Sugar, Uttam Sug.Mills, Dhampur Sugar, Dhampur Bio, Magadh Sugar, and Ugar Sugar Works, and the rest. For capital structure, Good capital structure is noted at Bannari Amm.Sug. and Dalmia Bharat, while Average capital structure is observed at Dwarikesh Sugar, and Below Average capital structure is seen at Avadh Sugar, Uttam Sug.Mills, Dhampur Sugar, Dhampur Bio, Zuari Industries, Magadh Sugar, and Ugar Sugar Works, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Avadh Sugar at 108.16%, while Zuari Industries has the lowest at -12.65%. Dwarikesh Sugar's own 1-year return is 33.05%, which is higher than Zuari Industries but lower than Avadh Sugar. Additionally, Zuari Industries is the only peer with a negative six-month return.

How big is Dwarikesh Sugar?

As of 31st August, Dwarikesh Sugar Industries Ltd has a market capitalization of 954.00 Cr, with recent net sales of 484.66 Cr and a net loss of 43.90 Cr. Shareholder's funds are 828.71 Cr, and total assets amount to 1,297.71 Cr as of March 2026.

As of 31st August, Dwarikesh Sugar Industries Ltd has a market capitalization of 954.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Dwarikesh Sugar reported Net Sales of 484.66 Cr. However, the company experienced a loss of 43.90 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 828.71 Cr and Total Assets amounting to 1,297.71 Cr.

Should I buy, sell or hold Dwarikesh Sugar Industries Ltd?

When is the next results date for Dwarikesh Sugar Industries Ltd?

The next results date for Dwarikesh Sugar Industries Ltd is 14 May 2026.

The next results date for Dwarikesh Sugar Industries Ltd is scheduled for 14 May 2026.

Are Dwarikesh Sugar Industries Ltd latest results good or bad?

Dwarikesh Sugar Industries Ltd's latest results show a 310% increase in net profit to ₹15.44 crores, but revenue declined by 8.6% to ₹325.12 crores, raising concerns about long-term growth due to ongoing challenges in the sugar industry and low return on equity. Investors should be cautious given the mixed performance indicators.

Dwarikesh Sugar Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, which surged by 310% compared to the previous four-quarter average, reaching ₹15.44 crores. This profit growth is encouraging and indicates effective cost management and operational efficiencies.<BR><BR>However, this positive profit figure comes alongside a decline in revenue, which fell by 8.6% to ₹325.12 crores during the same period. This revenue drop reflects ongoing challenges in the company's top-line performance, as it has faced persistent revenue declines over the past few years, with a 20.5% year-on-year decrease in FY25.<BR><BR>Additionally, the operating margin has stabilized at 8.3%, but this is significantly lower than historical levels, indicating ongoing pressure on profitability. The company's return on equity (ROE) has also deteriorated sharply, falling to just 2.00%, which raises concerns about its ability to generate returns for shareholders.<BR><BR>Overall, while the profit increase is a positive sign, the underlying issues of declining revenue and compressed margins suggest that the company's long-term outlook remains uncertain. Investors should be cautious, as the structural challenges in the sugar industry and the company's performance metrics indicate a need for significant improvement to ensure sustainable growth.

Is Dwarikesh Sugar technically bullish or bearish?

As of December 3, 2025, Dwarikesh Sugar's technical trend has shifted to a moderate bearish stance, supported by bearish indicators from MACD, moving averages, and Bollinger Bands, despite a mildly bullish monthly KST.

As of 3 December 2025, the technical trend for Dwarikesh Sugar has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include the weekly MACD being bearish, daily moving averages indicating a bearish trend, and both weekly and monthly Bollinger Bands also showing bearish signals. The Dow Theory reflects a mildly bearish stance on both weekly and monthly time frames, further supporting the bearish outlook. Despite the monthly KST being mildly bullish, the overall technical picture remains negative, particularly in the short term.

How has been the historical performance of Dwarikesh Sugar?

Dwarikesh Sugar's historical performance has shown significant fluctuations, with a notable decline in profitability in the fiscal year ending September 2010, resulting in a loss after tax of -9.05 crore and a drop in EPS to -0.56, despite increased net sales. The company faced rising costs, leading to a challenging financial year overall.

Answer:<BR>The historical performance of Dwarikesh Sugar shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>In the fiscal year ending September 2010, Dwarikesh Sugar reported net sales of 555.07 crore, an increase from 461.88 crore in the previous year. However, the total operating income also rose to 555.07 crore from 461.88 crore, driven by a substantial increase in raw material costs, which surged to 487.50 crore from 201.25 crore. This led to a total expenditure of 491.97 crore, up from 337.44 crore, resulting in an operating profit (PBDIT) of 65.00 crore, down from 125.98 crore the prior year. The company faced a loss before tax of 13.36 crore, contrasting with a profit of 31.38 crore in September 2009, leading to a profit after tax of -9.05 crore compared to 25.08 crore previously. The earnings per share (EPS) reflected this downturn, dropping to -0.56 from 1.54. The operating profit margin decreased to 10.93% from 25.68%, and the profit after tax margin fell to -1.57% from 5.17%. On the balance sheet, total liabilities increased to 1,462.87 crore from 1,415.31 crore, while total assets also rose to 1,462.87 crore from 1,415.31 crore. The total debt stood at 503.21 crore, up from 450.51 crore. In terms of cash flow, the company reported a net cash inflow of 81.00 crore in March 2025, a recovery from previous years where cash flows were stagnant or negative. Overall, the financial performance indicates a challenging year for Dwarikesh Sugar, marked by rising costs and declining profitability.

Is Dwarikesh Sugar overvalued or undervalued?

As of November 26, 2025, Dwarikesh Sugar is fairly valued with a PE ratio of 50.63 and an EV to EBITDA of 6.71, despite underperforming against the Sensex with a year-to-date return of -26.60%.

As of 26 November 2025, the valuation grade for Dwarikesh Sugar has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 50.63, an EV to EBITDA of 6.71, and a PEG ratio of 0.03, indicating a potential for growth relative to its price.<BR><BR>In comparison to its peers, Dwarikesh Sugar's PE ratio is significantly higher than EID Parry's 20.48 and Balrampur Chini's 22.55, both of which are also rated as fair. However, Dwarikesh's EV to EBITDA is lower than Balrampur Chini's 13.31, suggesting a more favorable valuation in terms of earnings before interest, taxes, depreciation, and amortization. Notably, Dwarikesh Sugar has underperformed against the Sensex over various periods, particularly with a year-to-date return of -26.60% compared to the Sensex's 9.56%.

Who are the top shareholders of the Dwarikesh Sugar?

The top shareholder of Dwarikesh Sugar is promoter Gautam Radheshyam Morarka, holding 15.17% of shares, while individual investors own 49.58%. Additionally, 39 foreign institutional investors hold 2.0%, with no mutual funds or pledged promoter holdings.

The top shareholders of Dwarikesh Sugar include Gautam Radheshyam Morarka, who is the promoter with the highest holding at 15.17%. Additionally, individual investors hold a significant portion of the shares, accounting for 49.58%. The company also has 39 foreign institutional investors (FIIs) that collectively hold 2.0% of the shares. There are no mutual funds currently holding shares in the company, and there are no pledged promoter holdings.

Has Dwarikesh Sugar declared dividend?

Dwarikesh Sugar Industries Ltd has declared a 200% dividend, amounting to ₹2 per share, with an ex-date of March 31, 2023. Despite this dividend, the company's total returns have shown significant losses in the short to medium term, but a strong recovery over the long term.

Dwarikesh Sugar Industries Ltd has declared a 200% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 2 per share<BR>- Ex-date: 31 Mar 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.62%, with a dividend return of 0%, resulting in a total return of -23.62%.<BR><BR>Over the past year, the price return was -28.81%, the dividend return was 0%, leading to a total return of -28.81%.<BR><BR>In the 2-year period, the price return was -44.9%, with a dividend return of 0%, resulting in a total return of -44.9%.<BR><BR>For the 3-year period, the price return was -55.32%, while the dividend return was 2.09%, culminating in a total return of -53.23%.<BR><BR>In the 4-year period, the price return was -13.32%, with a dividend return of 6.64%, resulting in a total return of -6.68%.<BR><BR>Over the last 5 years, the price return was 132.03%, and the dividend return was 21.21%, leading to a total return of 153.24%.<BR><BR>Overall, while Dwarikesh Sugar has declared a significant dividend, the total returns over various periods indicate a mixed performance, with substantial losses in the short to medium term but a strong recovery in the long term.