Dhampur Sugar Mills Experiences Quality Grade Change Amidst Sales and EBIT Declines

Dhampur Sugar Mills has recently undergone an evaluation revision, reflecting a shift in its quality assessment. The company, operating within the sugar industry, has reported a five-year sales growth of -11.91% and an EBIT growth of -18.90%. Despite these declines, it maintains a solid EBIT to interest ratio of 4.21, indicating a reasonable ability to cover interest expenses.
Financial metrics reveal a debt to EBITDA ratio of 2.68 and a net debt to equity ratio of 0.32, suggesting a manageable level of debt relative to its earnings and equity. The company's sales to capital employed stands at 1.36, while its tax ratio is recorded at 29.85%. Notably, Dhampur Sugar has a dividend payout ratio of 0.00% and an institutional holding of 2.53%.

In comparison to its peers, Dhampur Sugar's performance metrics show it is on par with several competitors, such as Dwarikesh Sugar and Avadh Sugar, both of which also hold an average quality assessment. However, other companies in the sector, like Davangere Sugar and Dhampur Bio, are rated below average, highlighting Dhampur's relatively stronger position within the industry.