Davangere Sugar

Why is Davangere Sugar Company Ltd falling/rising?

As of 01-Sep, Davangere Sugar Company Ltd's stock price is rising to 2.10, indicating a potential shift in market sentiment after a decline. However, the stock has significantly underperformed over the year, with a 43.40% year-to-date decline, and faces long-term challenges due to weak fundamentals and high debt levels.

As of 01-Sep, Davangere Sugar Company Ltd's stock price is rising, currently at 2.10, with a change of 0.02 (0.96%) upward. This increase follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has outperformed its sector by 4.57% today, suggesting a relative strength compared to other companies in the sugar industry, which has seen a decline of 3.49%.<BR><BR>Despite this short-term rise, the stock has experienced significant underperformance over longer periods, with a year-to-date decline of 43.40% and a one-year drop of 46.15%. The stock is trading below all major moving averages, which typically signals a bearish trend. Furthermore, the company has reported a substantial decrease in profits, with a 28% drop over the past year, and a negative return on capital employed (ROCE) of 4.8, indicating weak long-term fundamentals.<BR><BR>Investor participation has increased, with a delivery volume rise of 20.3% against the five-day average, which may contribute to the current upward movement in price. However, the overall sentiment remains cautious due to the company's high debt-to-EBITDA ratio and the recent decline in institutional investor stakes, which fell by 6.97% in the previous quarter. This combination of factors suggests that while there is a temporary rise in stock price, the long-term outlook remains challenging for Davangere Sugar Company Ltd.

Which are the latest news on Davangere Sugar?

Who are in the management team of Davangere Sugar?

The management team of Davangere Sugar includes Shamanur Shivashankarappa Ganesh (Chairman & Managing Director), Rekha Ganesh (Non-Executive Director), Abhijith Ganesh Shamanur (Executive Director), and several independent directors: Tumbegere Rudrappa, Thappagondanahally Rajashekarappa, and Veena Umapathy, along with Nidhi Hitesh Vaswani as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Davangere Sugar includes the following members:<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 plays a crucial role in overseeing the operations and strategic direction of the company.

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 INR 356 Cr. As of June 2026, it reported net sales of 35 Cr and a net profit of 1 Cr, with a P/E ratio of 44.00.

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 net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 35 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 356 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 44.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.48 <BR>Return on Equity: 1.61% <BR>Price to Book: 0.71 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Davangere Sugar?

Davangere Sugar's peers include Magadh Sugar, Ugar Sugar Works, Mawana Sugars, DCM Shriram Inds, KCP Sugar & Inds., Ponni Sug. Erode, SBEC Sugar, KM Sugar Mills, and Sakthi Sugars. While most peers have Below Average growth and management risk, Mawana Sugars leads in 1-year returns at 69.47%, whereas Davangere Sugar has the lowest return at -40.40%.

Peers: The peers of Davangere Sugar are Magadh Sugar, Ugar Sugar Works, Mawana Sugars, DCM Shriram Inds, KCP Sugar &Inds., Ponni Sug.Erode, SBEC Sugar, KM Sugar Mills, and Sakthi Sugars.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ponni Sug.Erode, while Average management risk is found at Magadh Sugar, Ugar Sugar Works, Mawana Sugars, DCM Shriram Inds, KCP Sugar &Inds., and Kothari Sugars. Below Average management risk is noted for Davangere Sugar, SBEC Sugar, KM Sugar Mills, and Sakthi Sugars. All peers exhibit Below Average growth except for Sakthi Sugars, which has Average growth, and Ponni Sug.Erode, which has Excellent capital structure, while the rest have Below Average capital structure.<BR><BR>Return Snapshot: Mawana Sugars has the highest 1-year return at 69.47%, while Davangere Sugar has the lowest at -40.40%. This indicates that Davangere Sugar's performance is significantly worse than its peers. Additionally, the six-month returns for Davangere Sugar and Kothari Sugars are negative.

How big is Davangere Sugar?

As of 31st August, Davangere Sugar Company Ltd has a market capitalization of 356.00 Cr, with recent net sales of 249.42 Cr and a net profit of 8.14 Cr over the last four quarters. Shareholder's funds are reported at 349.82 Cr, and total assets stand at 742.57 Cr as of March 2025.

As of 31st August, Davangere Sugar Company Ltd has a market capitalization of 356.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In terms of recent quarterly performance, the sum of Net Sales for the latest four quarters amounts to 249.42 Cr, while the sum of Net Profit for the same period is 8.14 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds are reported at 349.82 Cr and Total Assets stand at 742.57 Cr.

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

Are Davangere Sugar Company Ltd latest results good or bad?

Davangere Sugar Company Ltd's latest results show strong revenue growth of 47.29% year-on-year, reaching ₹83.82 crores; however, net profit fell by 25.57% to ₹1.95 crores, and operating margins dropped to 10.08%, indicating significant profitability challenges. Overall, the results are concerning due to the decline in profitability despite the revenue increase.

The latest results for Davangere Sugar Company Ltd present a mixed picture. On one hand, the company achieved a significant revenue growth of 47.29% year-on-year, reaching net sales of ₹83.82 crores, which is the highest in seven quarters. However, this positive revenue growth is overshadowed by a sharp decline in profitability metrics.<BR><BR>Net profit for the quarter ended March 2026 fell to ₹1.95 crores, down 25.57% from the previous quarter. Operating margins also deteriorated significantly, dropping to 10.08%, the lowest level in seven quarters, compared to 16.21% in the previous quarter. This margin compression indicates operational challenges that have negatively impacted profitability despite the revenue increase.<BR><BR>Overall, while the revenue growth is commendable, the substantial decline in net profit and operating margins suggests that the company's financial health is under pressure. Therefore, the latest results can be viewed as concerning, particularly due to the erosion of profitability.

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

The next results date for Davangere Sugar Company Ltd is 14 August 2026.

The next results date for Davangere Sugar Company Ltd is scheduled for 14 August 2026.

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.

Has Davangere Sugar declared dividend?

No Dividend History Available