Dwarikesh Sugar

Why is Dwarikesh Sugar Industries Ltd falling/rising?

As of 03-Aug, Dwarikesh Sugar Industries Ltd's stock price has risen to Rs 38.96, reflecting a 4.96% increase, but it has underperformed its sector and shows a significant decline over the past three years. The stock's recent rise is accompanied by decreased investor participation, indicating a mixed outlook.

As of 03-Aug, Dwarikesh Sugar Industries Ltd is experiencing a rise in its stock price, currently at Rs 38.96, which reflects an increase of Rs 1.84 or 4.96%. This upward movement follows a trend where the stock has gained for the last two consecutive days, accumulating a total return of 5.87% during this period. Additionally, the stock reached an intraday high of Rs 39.48, marking a rise of 6.36%.<BR><BR>Despite this recent increase, it is important to note that the stock has underperformed its sector by 1.68% today and has shown a significant decline over longer periods, such as a 57.30% drop over the last three years. Furthermore, Dwarikesh Sugar is trading below its moving averages across various time frames, indicating potential weakness in its price momentum.<BR><BR>The sugar sector overall has seen a gain of 6.33%, which may have contributed to the stock's recent rise. However, there is a concerning trend in investor participation, as the delivery volume has decreased by 37.9% compared to the five-day average, suggesting a decline in trading interest. Despite the current rise, the overall performance metrics indicate a mixed outlook for Dwarikesh Sugar Industries Ltd.

Which are the latest news on Dwarikesh Sugar?

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

How big is Dwarikesh Sugar?

As of 10th June, Dwarikesh Sugar Industries Ltd has a market capitalization of 837.00 Cr and reported net sales of 484.66 Cr with a loss of 43.90 Cr over the latest four quarters. Shareholder's Funds are 806.22 Cr and Total Assets are 1,462.87 Cr as of March 2025.

As of 10th June, Dwarikesh Sugar Industries Ltd has a market capitalization of 837.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Dwarikesh Sugar reported net sales of 484.66 Cr. However, the company experienced a loss of 43.90 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds are reported at 806.22 Cr and Total Assets amount to 1,462.87 Cr.

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 provides diverse expertise for the company's strategic direction and governance.

The management team of Dwarikesh Sugar includes the following key 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 diverse range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the Dwarikesh Sugar?

Dwarikesh Sugar's peers include Dalmia Bharat, Dhampur Sugar, Avadh Sugar, and others, with varying management risks and growth rates. Dhampur Bio leads in 1-year returns at 37.04%, while Dwarikesh Sugar has a return of -13.01%.

Peers: Dalmia Bharat, Dhampur Sugar, Avadh Sugar, Uttam Sug.Mills, Dhampur Bio, Zuari Industries, Magadh Sugar, Davangere Sugar, DCM Shriram Inds, M.V.K. Agro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dhampur Bio, while Average management risk is found at Dalmia Bharat, Dhampur Sugar, Avadh Sugar, Uttam Sug.Mills, Magadh Sugar, DCM Shriram Inds, and the rest. Below Average management risk is present at Zuari Industries, Davangere Sugar, and M.V.K. Agro. All peers exhibit Below Average growth except for M.V.K. Agro, which has Excellent growth, while Dwarikesh Sugar, Dalmia Bharat, Dhampur Sugar, Avadh Sugar, Uttam Sug.Mills, Dhampur Bio, Zuari Industries, Magadh Sugar, and DCM Shriram Inds show Below Average growth. Dwarikesh Sugar has Average capital structure, while Dalmia Bharat and DCM Shriram Inds have Good capital structure, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dhampur Bio at 37.04%, while the lowest is Magadh Sugar at -38.66%. Dwarikesh Sugar's 1-year return is -13.01%, which is better than Magadh Sugar but worse than Dhampur Bio. Additionally, peers such as Uttam Sug.Mills, Zuari Industries, Magadh Sugar, and DCM Shriram Inds have negative six-month returns.

What does Dwarikesh Sugar do?

Dwarikesh Sugar Industries Ltd manufactures and sells sugar, co-generates power, and produces industrial alcohol. As of March 2026, it reported net sales of ₹425 Cr and a net profit of ₹57 Cr, with a market cap of ₹837 Cr.

Overview:<BR>Dwarikesh Sugar Industries Ltd is engaged in the manufacture and sale of sugar, co-generation of power, and industrial alcohol, operating in the sugar industry within the micro-cap market segment.<BR><BR>History:<BR>Incorporated in 1993, Dwarikesh Sugar Industries Ltd has maintained its status as a manufacturer and seller in the sugar industry. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 425 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 57 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 837 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 26.00 <BR>Industry P/E: 19 <BR>Dividend Yield: 1.12% <BR>Debt-Equity: 0.39 <BR>Return on Equity: 3.72% <BR>Price to Book: 1.01 <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

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.