Davangere Sugar

What does Davangere Sugar do?

Davangere Sugar Company Ltd, established in 1970, operates in the sugar industry as a Micro Cap company with a market cap of Rs 347 Cr, reporting net sales of 57 Cr and a net profit of 2 Cr for the quarter ending March 2025. Key financial metrics include a P/E ratio of 31.00 and a debt-equity ratio of 0.80.

Overview:<BR>Davangere Sugar Company Ltd is a prominent player in the sugar industry, categorized as a Micro Cap company.<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 quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 57 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 347 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 31.00<BR>- Industry P/E: 25<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.80<BR>- Return on Equity: 3.20%<BR>- Price to Book: 1.01<BR><BR>Contact Details:<BR>Registrar Address: Not available.

When is the next results date for Davangere Sugar?

No Upcoming Board Meetings

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.

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.

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.

How big is Davangere Sugar?

As of 24th July, Davangere Sugar Company Ltd has a market capitalization of 335.00 Cr, with net sales of 214.99 Cr and a net profit of 10.94 Cr over the latest four quarters. Shareholder's funds are valued at 339.98 Cr, and total assets amount to 681.68 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Davangere Sugar Company Ltd has a market capitalization of 335.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 214.99 Cr, while the sum of Net Profit for the same period is 10.94 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 339.98 Cr, and Total Assets amount to 681.68 Cr.

Are Davangere Sugar latest results good or bad?

The latest results for Davangere Sugar are unfavorable, with a 55.2% decline in net sales and a 40.98% drop in profit after tax, despite an improved operating profit margin. Increased interest costs further indicate financial strain on the company.

The latest results for Davangere Sugar Company indicate a challenging financial period. While the operating profit margin improved to 47.32%, the company faced significant declines in net sales, which fell by 55.2% to Rs 24.07 crore, marking the lowest figure in the last five quarters. This decline in sales reflects a negative trend that could raise concerns about the company's near-term performance.<BR><BR>Additionally, the profit after tax (PAT) for the last six months decreased by 40.98% year-on-year, and interest costs surged by 60.88% quarter on quarter, suggesting increased financial strain due to higher borrowings. Overall, despite some operational efficiency improvements, the substantial drop in sales and profit indicates that the latest results are not favorable for Davangere Sugar.

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.

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.

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.

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

Which are the latest news on Davangere Sugar?

Why is Davangere Sugar Company Ltd falling/rising?

As of 18-Jan, Davangere Sugar Company Ltd's stock price is rising, currently at 5.09, reflecting a change of 0.05 (0.99%) upward. The stock shows strong short-term performance with a recent 30.18% return, but faces risks from weak long-term fundamentals and declining promoter confidence.

As of 18-Jan, Davangere Sugar Company Ltd's stock price is rising, currently at 5.09, reflecting a change of 0.05 (0.99%) upward. The stock has shown significant performance over the past week, with a return of +15.95%, while the benchmark Sensex has remained nearly flat at -0.01%. Over the past month, the stock has increased by +28.54%, contrasting with a decline of -1.31% in the Sensex.<BR><BR>The stock's recent upward trend is supported by a consecutive gain over the last five days, during which it has achieved a remarkable 30.18% return. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term momentum. Investor participation has also increased, with delivery volume rising by 128.27% compared to the 5-day average, suggesting heightened interest in the stock.<BR><BR>Despite these positive indicators, it is important to note that the company faces challenges, including weak long-term fundamental strength, as evidenced by a low Return on Capital Employed (ROCE) of 6.85% and a high Debt to EBITDA ratio of 4.65 times. Furthermore, the company has reported negative results for the last three consecutive quarters, which could impact future performance. Promoter confidence appears to be waning as well, with a decrease in their stake by 4.45% over the previous quarter.<BR><BR>In summary, while Davangere Sugar Company Ltd is currently experiencing a rise in stock price due to strong short-term performance and increased investor interest, underlying financial weaknesses and declining promoter confidence may pose risks for the future.