Davangere Sugar

Why is Davangere Sugar Company Ltd falling/rising?

As of 10-Jun, Davangere Sugar Company Ltd's stock price is at 3.57, down 3.51%, and is underperforming the sector. The stock shows a bearish trend, trading below all key moving averages, with a year-to-date decline of 3.77%, despite increased investor participation.

As of 10-Jun, Davangere Sugar Company Ltd's stock price is falling, currently at 3.57, reflecting a decrease of 0.13 or 3.51%. This decline is evident in its performance today, where it underperformed the sector by 2.44%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.19%, while its performance over the past month shows a decline of 2.99%. Year-to-date, the stock has fallen by 3.77%, although it has shown a slight increase of 0.57% over the past year. <BR><BR>Despite a significant rise in investor participation, with delivery volume increasing by 38.98% compared to the 5-day average, the overall trend remains negative. Additionally, the stock's liquidity is adequate for trading, but the persistent decline in price suggests that investor sentiment is currently unfavorable.

What does Davangere Sugar do?

Davangere Sugar Company Ltd operates in the sugar industry with a capacity of 4,750 Tonnes of Cane Crushed per Day. As of March 2026, it reported net sales of ₹84 Cr and a net profit of ₹2 Cr, with a market cap of ₹526 Cr.

Overview:<BR>Davangere Sugar Company Ltd operates in the sugar industry as a micro-cap company, with a significant capacity of 4750 Tonnes of Cane Crushed per Day at its sugar plant.<BR><BR>History:<BR>The company was incorporated in 1970 as a Joint Sector Company involving various stakeholders including Karnataka Agro Industries Corporation Limited and local farmers. The latest reported financial results are for the quarter ending March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 84 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 526 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 60.00<BR>- Industry P/E: 19<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.48<BR>- Return on Equity: 1.68%<BR>- Price to Book: 1.05<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

Which are the latest news on Davangere Sugar?

How big is Davangere Sugar?

As of 10th June, Davangere Sugar Company Ltd has a market capitalization of 526.00 Cr, with recent net sales of 238.77 Cr and a net profit of 8.50 Cr. Shareholder's funds are 349.82 Cr and total assets amount to 742.57 Cr.

As of 10th June, Davangere Sugar Company Ltd has a market capitalization of 526.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Davangere Sugar reported Net Sales of 238.77 Cr and a Net Profit of 8.50 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 349.82 Cr and Total Assets of 742.57 Cr.

Should I buy, sell or hold Davangere Sugar Company Ltd?

When is the next results date for Davangere Sugar Company Ltd?

The next results date for Davangere Sugar Company Ltd is 29 May 2026.

The next results date for Davangere Sugar Company Ltd is scheduled for 29 May 2026.

Are Davangere Sugar Company Ltd latest results good or bad?

Davangere Sugar Company Ltd's latest results are largely negative, with a 61.30% decline in net profit to ₹2.62 crore despite a 13.00% revenue growth to ₹82.69 crore in Q3 FY26. The company faces significant operational challenges, as indicated by falling operating margins and rising interest costs.

The latest results for Davangere Sugar Company Ltd indicate a mixed performance, but overall, they lean towards the negative side. In Q3 FY26, the company reported a net profit of ₹2.62 crore, which is a significant decline of 61.30% year-on-year. This sharp drop in profitability raises concerns about the company's operational efficiency.<BR><BR>On the positive side, the revenue for the same quarter was ₹82.69 crore, reflecting a year-on-year growth of 13.00%. This marks the highest quarterly sales figure in recent periods, driven by seasonal factors as sugarcane crushing typically peaks during this time. However, despite this revenue growth, the operating margin fell to 16.21%, down from 24.88% a year ago, indicating that the company is struggling to manage costs effectively.<BR><BR>Additionally, the nine-month performance for FY26 shows a net profit of ₹6.55 crore, representing a decline of 34.86% compared to the previous year, while revenue remained relatively stable at ₹154.95 crore. The rising interest costs, which increased by nearly 40% in the first nine months of FY26, further complicate the profitability picture.<BR><BR>In summary, while Davangere Sugar has achieved revenue growth, the substantial decline in net profit and operating margins suggests serious operational challenges. The company is facing critical profitability concerns, making the latest results appear unfavorable overall.

Is Davangere Sugar technically bullish or bearish?

As of November 26, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly OBV, despite a mildly bullish weekly MACD, while monthly indicators remain bearish and the RSI shows no strong signals.

As of 26 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly OBV showing a mildly bearish trend. The weekly MACD is mildly bullish, providing some counterbalance, but the overall indicators suggest weakness. The Bollinger Bands are sideways on the weekly chart, while the monthly indicators, including the KST and moving averages, remain bearish. The lack of strong signals from the RSI further supports a neutral to bearish outlook.

Is Davangere Sugar overvalued or undervalued?

As of November 25, 2025, Davangere Sugar is fairly valued with a PE ratio of 40.50 and an EV to EBITDA of 12.80, despite a 39.02% decline in stock performance over the past year, indicating a premium valuation compared to its peers.

As of 25 November 2025, the valuation grade for Davangere Sugar has moved from very attractive to fair. The company is currently fairly valued, with a PE ratio of 40.50, an EV to EBITDA of 12.80, and a ROCE of 6.02%. In comparison to its peers, EID Parry is considered very expensive with a PE of 20.22, while Balrampur Chini is also fairly valued with a PE of 22.44.<BR><BR>Despite the recent stock performance showing a decline of 39.02% over the past year, which contrasts sharply with the Sensex's gain of 5.59%, the current valuation metrics suggest that Davangere Sugar is not undervalued. The company's ratios indicate a premium valuation relative to its peers, reinforcing the fair valuation assessment.

How has been the historical performance of Davangere Sugar?

Davangere Sugar's historical performance shows declining net sales and profits from March 2023 to March 2025, despite an increase in total assets. Cash flow turned negative in March 2025, indicating challenges in revenue generation.

Answer:<BR>The historical performance of Davangere Sugar shows fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Davangere Sugar's net sales have seen a decline from INR 279.94 crore in March 2023 to INR 214.99 crore in March 2025, with a peak in March 2023. Total operating income followed a similar trend, dropping from INR 279.94 crore in March 2023 to INR 214.99 crore in March 2025. The total expenditure, excluding depreciation, decreased from INR 224.22 crore in March 2023 to INR 163.00 crore in March 2025. Operating profit (PBDIT) fluctuated, peaking at INR 56.36 crore in March 2023 and settling at INR 53.76 crore in March 2025. Profit before tax also decreased from INR 17.68 crore in March 2023 to INR 12.86 crore in March 2025, while profit after tax showed a similar decline from INR 13.22 crore to INR 10.94 crore over the same period. The company's total assets increased from INR 596.72 crore in March 2023 to INR 742.57 crore in March 2025, reflecting growth in total liabilities as well, which rose from INR 596.72 crore to INR 742.57 crore. Cash flow from operating activities turned negative in March 2025 at INR -4.00 crore, contrasting with a positive cash flow of INR 80.00 crore in March 2023. Overall, while Davangere Sugar has experienced growth in assets and some profitability metrics, it has faced challenges in revenue generation and cash flow in recent years.

Who are the top shareholders of the Davangere Sugar?

The top shareholders of Davangere Sugar include Ganesh S S with 27.02%, Davangere Sugar Company Limited at 9.42%, and individual investors holding 33.13%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Davangere Sugar include the promoters, with Ganesh S S holding the largest share at 27.02%. Additionally, the highest public shareholder is Davangere Sugar Company Limited, which holds 9.42%. Individual investors collectively own 33.13% of the shares. There are also three foreign institutional investors (FIIs) involved, but they hold a negligible percentage of the total shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

Who are in the management team of Davangere Sugar?

As of March 2023, the management team of Davangere Sugar includes Shamanur Shivashankarappa Ganesh (Chairman & Managing Director), Rekha Ganesh (Non Executive Director), Abhijith Ganesh Shamanur (Executive Director), and three Independent Directors: Tumbegere Rudrappa, Thappagondanahally Rajashekarappa, and Veena Umapathy, along with Nidhi Hitesh Vaswani (Company Secretary & Compliance Officer).

As of March 2023, the management team of Davangere Sugar includes the following individuals:<BR><BR>1. Shamanur Shivashankarappa Ganesh - Chairman & Managing Director<BR>2. Rekha Ganesh - Non Executive Director<BR>3. Abhijith Ganesh Shamanur - Executive Director<BR>4. Tumbegere Rudrappa - Independent Director<BR>5. Thappagondanahally Rajashekarappa - Independent Director<BR>6. Veena Umapathy - Independent Director<BR>7. Nidhi Hitesh Vaswani - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and management of the company.

Has Davangere Sugar declared dividend?

No Dividend History Available

Who are the peers of the Davangere Sugar?

Davangere Sugar's peers include Balrampur Chini, Triven. Engg. Ind., Sh. Renuka Sugar, and others. It has the lowest 1-year return at -62.89%, while Balrampur Chini leads with 52.26%.

Peers: The peers of Davangere Sugar are Balrampur Chini, Triven.Engg.Ind., Sh.Renuka Sugar, Piccadily Agro, Bannari Amm.Sug., Sakthi Sugars, Ponni Sug.Erode, KM Sugar Mills, Rana Sugars, and Kothari Sugars.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ponni Sug.Erode and Kothari Sugars, while Average management risk is found at Piccadily Agro, Bannari Amm.Sug., and Rana Sugars, and the rest have Below Average management risk. Good growth is seen at Piccadily Agro, while Below Average growth is noted at Balrampur Chini, Triven.Engg.Ind., Sh.Renuka Sugar, Bannari Amm.Sug., Davangere Sugar, Sakthi Sugars, KM Sugar Mills, and the rest. Capital Structure is Excellent at Ponni Sug.Erode and Kothari Sugars, Average at Balrampur Chini, Triven.Engg.Ind., Piccadily Agro, Bannari Amm.Sug., and Rana Sugars, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Balrampur Chini at 52.26%, while the lowest is Davangere Sugar at -62.89%. Davangere Sugar's 1-year return is significantly lower than all its peers. Additionally, the peers with negative six-month returns include Sh.Renuka Sugar, Piccadily Agro, Bannari Amm.Sug., Sakthi Sugars, KM Sugar Mills, and Davangere Sugar.