Dwarikesh Sugar

Market Cap: Micro Cap
Industry: Sugar
ISIN: INE366A01041
NSEID: DWARKESH
BSEID: 532610

INR

38.68

0.34 (0.89%)

BSENSE

Dec 05

BSE+NSE Vol: 1.7 lacs

{
  "main_header": {
    "sid": 521481,
    "name": "Dwarikesh Sugar",
    "stock_name": "Dwarikesh Sugar",
    "full_name": "Dwarikesh Sugar Industries Ltd",
    "name_url": "stocks-analysis/dwarikesh-sugar",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "38.68",
    "chg": 0.34,
    "chgp": "0.89%",
    "dir": 1,
    "prev_price": "38.34",
    "mcapval": "716.75 Cr",
    "mcap": "Micro Cap",
    "scripcode": 532610,
    "symbol": "DWARKESH",
    "ind_name": "Sugar",
    "ind_code": 15,
    "indexname": "",
    "isin": "INE366A01041",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.7 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/dwarikesh-sugar-521481-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Is Dwarikesh Sugar technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dwarikesh-sugar-technically-bullish-or-bearish-3745363",
        "imagepath": "",
        "date": "2025-12-04 08:27:08",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Overview of Current Price Action and Trend</strong></p>\n<p>As of 3 December 2025, Dwarikesh Sugar’s technical trend shifted from mildly bearish to outright bearish, signalling increased selling pressure. The stock closed at ₹38.85, down from the previous close of ₹39.82, marking a decline of approximately 2.4% on the day. The intraday range was narrow, with a low of ₹38.72 and a high of ₹39.83, indicating limited volatility but a clear downward bias.</p>\n<p>Over the past 52 weeks, the stock has traded between ₹33.01 and ₹66.93, with the current price sitting closer to the lower end of this range. This proximity to the 52-week low underscores the stock’s vulnerability and the lack of sustained buying interest at higher levels.</p>\n<p><strong>Technical Indicators Paint a Bearish Picture</stron..."
      },
      {
        "title": "Dwarikesh Sugar Industries: Technical Momentum and Market Assessment Analysis",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dwarikesh-sugar-industries-faces-bearish-momentum-amid-technical-downturn-3745421",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DwarikeshSugarI_technicaldot_3745421.png",
        "date": "2025-12-04 08:06:39",
        "description": "Dwarikesh Sugar Industries has experienced a notable shift in its technical momentum, reflecting a more cautious market stance amid broader sector challenges. Recent evaluation adjustments highlight bearish trends across key technical indicators, while the stock’s performance continues to diverge from benchmark indices such as the Sensex."
      },
      {
        "title": "Why is Dwarikesh Sugar falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-dwarikesh-sugar-fallingrising-3744917",
        "imagepath": "",
        "date": "2025-12-04 00:39:02",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Persistent Underperformance Against Benchmarks</strong></p>\n<p>Dwarikesh Sugar’s recent price movement is part of a sustained period of underperformance relative to the Sensex. Over the past week, the stock has fallen by 5.54%, significantly lagging behind the Sensex’s modest decline of 0.59%. The one-month performance further emphasises this trend, with the stock dropping 8.97% while the Sensex gained 1.34%. Year-to-date figures reveal a stark contrast, as Dwarikesh Sugar has declined by 30.70%, whereas the Sensex has risen by 8.92%. This divergence extends over longer horizons as well, with the stock down 40.21% over the last year compared to a 5.27% gain in the Sensex, and a 61.19% fall over three years against a 35.37% rise in the benchmark. Even over five years, the stock’s 27.17% gain ..."
      },
      {
        "title": "Dwarikesh Sugar Industries: Analytical Perspective Shifts Amidst Valuation and Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/dwarikesh-sugar-industries-downgraded-to-sell-on-valuation-and-financial-concerns-3740587",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DwarikeshSugarI_mojoScore_3740587.png",
        "date": "2025-12-02 08:25:03",
        "description": "Dwarikesh Sugar Industries has experienced a notable shift in market assessment driven by changes across valuation, financial trends, quality metrics, and technical indicators. This article explores the underlying factors influencing the recent revision in the company’s evaluation, providing a comprehensive view of its current standing within the sugar sector."
      },
      {
        "title": "How has been the historical performance of Dwarikesh Sugar?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-dwarikesh-sugar-3739227",
        "imagepath": "",
        "date": "2025-12-01 23:09:34",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Examining the consolidated annual results from the fiscal years ending September 2009 and 2010, Dwarikesh Sugar's net sales increased from ₹461.88 crores to ₹555.07 crores, reflecting a notable rise in top-line revenue. However, this growth was accompanied by a significant increase in raw material costs, which surged from ₹201.25 crores to ₹487.50 crores within the same period. The company also experienced a negative change in stock levels in 2010, contrasting with a positive stock increase in 2009, which impacted the cost structure.</p>\n<p>Operating profit before depreciation, interest, and tax (PBDIT) declined sharply from ₹125.98 crores in 2009 to ₹65.00 crores in 2010, indicating pressure on operational efficiency. This was further reflect..."
      },
      {
        "title": "Is Dwarikesh Sugar overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dwarikesh-sugar-overvalued-or-undervalued-3732494",
        "imagepath": "",
        "date": "2025-11-27 08:26:07",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Understanding the Valuation Metrics</strong></p>\n<p>Dwarikesh Sugar currently trades at a price of ₹41.15, close to its recent trading range. The stock’s price-to-earnings (PE) ratio stands at 50.63, which is notably high compared to many peers in the sugar sector. A high PE ratio often signals that investors expect strong future earnings growth, but it can also indicate overvaluation if earnings do not materialise as anticipated.</p>\n<p>However, the company’s price-to-book (P/B) value is approximately 1.01, suggesting the stock is trading near its book value. This indicates that the market is not assigning a significant premium over the company’s net asset value, which tempers concerns about overvaluation.</p>\n<p>Enterprise value to EBITDA (EV/EBITDA) ratio is 6.71, a figure that is relativ..."
      },
      {
        "title": "Dwarikesh Sugar Industries: Analytical Revision Highlights Valuation and Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/dwarikesh-sugar-industries-downgraded-to-strong-sell-amid-valuation-and-financial-concerns-3730332",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DwarikeshSugarI_mojoScore_3730332.png",
        "date": "2025-11-26 08:08:44",
        "description": "Dwarikesh Sugar Industries has undergone a revision in its market assessment following a detailed evaluation of its valuation metrics, financial trends, quality indicators, and technical factors. This reassessment reflects the company’s current standing within the sugar sector amid challenging market conditions and evolving investor sentiment."
      },
      {
        "title": "Dwarikesh Sugar Industries Valuation Shift Highlights Price Attractiveness Changes",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/dwarikesh-sugar-industries-valuation-shifts-to-expensive-amidst-sector-challenges-3730116",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DwarikeshSugarI_valuationdot_3730116.png",
        "date": "2025-11-26 08:00:28",
        "description": "Dwarikesh Sugar Industries has experienced a notable revision in its valuation parameters, reflecting a shift in market assessment that impacts its price attractiveness relative to historical levels and peer comparisons. The company’s price-to-earnings (P/E) ratio and price-to-book value (P/BV) metrics now indicate a different valuation stance within the sugar sector, prompting investors to reassess its positioning amid sectoral and broader market trends."
      },
      {
        "title": "Is Dwarikesh Sugar overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-dwarikesh-sugar-overvalued-or-undervalued-3668659",
        "imagepath": "",
        "date": "2025-11-04 08:06:42",
        "description": "As of 3 November 2025, Dwarikesh Sugar's valuation grade has moved from very attractive to fair, indicating a shift in its market perception. The company is currently fairly valued, with a PE ratio of 52.58, a Price to Book Value of 0.10, and a PEG ratio of 0.03. In comparison, peers such as EID Parry and Balrampur Chini have PE ratios of 24.3 and 22.19, respectively, suggesting that Dwarikesh Sugar is trading at a significant premium relative to its industry counterparts.\n\nDespite the fair valuation, the company's financial metrics reveal notable concerns, including negative EV to EBIT and EV to EBITDA ratios of -21.06 and -10.49, respectively. Furthermore, the company's recent stock performance has been underwhelming, with a year-to-date return of -23.78%, contrasting sharply with the Sensex's gain of 7.47% over the same period. This underperformance, coupled with high valuation ratios, suggests that whil..."
      }
    ],
    "total": 562,
    "sid": "521481",
    "stock_news_url": "https://www.marketsmojo.com/news/dwarikesh-sugar-industries-521481"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "12-Nov-2025",
      "details": "As per Attached",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "11-Nov-2025",
      "details": "As per attached",
      "source": "BSE"
    },
    {
      "caption": "Shareholder Meeting / Postal Ballot-Notice of Postal Ballot",
      "datetime": "11-Nov-2025",
      "details": "As per attached",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Dwarikesh Sugar Industries Ltd has declared <strong>50%</strong> dividend, ex-date: 12 Aug 25",
          "dt": "2025-08-12",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Dwarikesh Sugar Industries Ltd has announced <strong>1:10</strong> stock split, ex-date: 10 Aug 17",
          "dt": "2017-08-10",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Dwarikesh Sugar technically bullish or bearish?

2025-12-04 08:27:08

Overview of Current Price Action and Trend

As of 3 December 2025, Dwarikesh Sugar’s technical trend shifted from mildly bearish to outright bearish, signalling increased selling pressure. The stock closed at ₹38.85, down from the previous close of ₹39.82, marking a decline of approximately 2.4% on the day. The intraday range was narrow, with a low of ₹38.72 and a high of ₹39.83, indicating limited volatility but a clear downward bias.

Over the past 52 weeks, the stock has traded between ₹33.01 and ₹66.93, with the current price sitting closer to the lower end of this range. This proximity to the 52-week low underscores the stock’s vulnerability and the lack of sustained buying interest at higher levels.

Technical Indicators Paint a Bearish PictureRead More

Dwarikesh Sugar Industries: Technical Momentum and Market Assessment Analysis
2025-12-04 08:06:39
Dwarikesh Sugar Industries has experienced a notable shift in its technical momentum, reflecting a more cautious market stance amid broader sector challenges. Recent evaluation adjustments highlight bearish trends across key technical indicators, while the stock’s performance continues to diverge from benchmark indices such as the Sensex.
Read More

Why is Dwarikesh Sugar falling/rising?
2025-12-04 00:39:02

Persistent Underperformance Against Benchmarks

Dwarikesh Sugar’s recent price movement is part of a sustained period of underperformance relative to the Sensex. Over the past week, the stock has fallen by 5.54%, significantly lagging behind the Sensex’s modest decline of 0.59%. The one-month performance further emphasises this trend, with the stock dropping 8.97% while the Sensex gained 1.34%. Year-to-date figures reveal a stark contrast, as Dwarikesh Sugar has declined by 30.70%, whereas the Sensex has risen by 8.92%. This divergence extends over longer horizons as well, with the stock down 40.21% over the last year compared to a 5.27% gain in the Sensex, and a 61.19% fall over three years against a 35.37% rise in the benchmark. Even over five years, the stock’s 27.17% gain ...
Read More
Dwarikesh Sugar Industries: Analytical Perspective Shifts Amidst Valuation and Financial Trends
2025-12-02 08:25:03
Dwarikesh Sugar Industries has experienced a notable shift in market assessment driven by changes across valuation, financial trends, quality metrics, and technical indicators. This article explores the underlying factors influencing the recent revision in the company’s evaluation, providing a comprehensive view of its current standing within the sugar sector.
Read More
How has been the historical performance of Dwarikesh Sugar?
2025-12-01 23:09:34

Revenue and Profitability Trends

Examining the consolidated annual results from the fiscal years ending September 2009 and 2010, Dwarikesh Sugar's net sales increased from ₹461.88 crores to ₹555.07 crores, reflecting a notable rise in top-line revenue. However, this growth was accompanied by a significant increase in raw material costs, which surged from ₹201.25 crores to ₹487.50 crores within the same period. The company also experienced a negative change in stock levels in 2010, contrasting with a positive stock increase in 2009, which impacted the cost structure.

Operating profit before depreciation, interest, and tax (PBDIT) declined sharply from ₹125.98 crores in 2009 to ₹65.00 crores in 2010, indicating pressure on operational efficiency. This was further reflect...
Read More
Is Dwarikesh Sugar overvalued or undervalued?
2025-11-27 08:26:07

Understanding the Valuation Metrics

Dwarikesh Sugar currently trades at a price of ₹41.15, close to its recent trading range. The stock’s price-to-earnings (PE) ratio stands at 50.63, which is notably high compared to many peers in the sugar sector. A high PE ratio often signals that investors expect strong future earnings growth, but it can also indicate overvaluation if earnings do not materialise as anticipated.

However, the company’s price-to-book (P/B) value is approximately 1.01, suggesting the stock is trading near its book value. This indicates that the market is not assigning a significant premium over the company’s net asset value, which tempers concerns about overvaluation.

Enterprise value to EBITDA (EV/EBITDA) ratio is 6.71, a figure that is relativ...
Read More
Dwarikesh Sugar Industries: Analytical Revision Highlights Valuation and Financial Trends
2025-11-26 08:08:44
Dwarikesh Sugar Industries has undergone a revision in its market assessment following a detailed evaluation of its valuation metrics, financial trends, quality indicators, and technical factors. This reassessment reflects the company’s current standing within the sugar sector amid challenging market conditions and evolving investor sentiment.
Read More
Dwarikesh Sugar Industries Valuation Shift Highlights Price Attractiveness Changes
2025-11-26 08:00:28
Dwarikesh Sugar Industries has experienced a notable revision in its valuation parameters, reflecting a shift in market assessment that impacts its price attractiveness relative to historical levels and peer comparisons. The company’s price-to-earnings (P/E) ratio and price-to-book value (P/BV) metrics now indicate a different valuation stance within the sugar sector, prompting investors to reassess its positioning amid sectoral and broader market trends.
Read More
Is Dwarikesh Sugar overvalued or undervalued?
2025-11-04 08:06:42
As of 3 November 2025, Dwarikesh Sugar's valuation grade has moved from very attractive to fair, indicating a shift in its market perception. The company is currently fairly valued, with a PE ratio of 52.58, a Price to Book Value of 0.10, and a PEG ratio of 0.03. In comparison, peers such as EID Parry and Balrampur Chini have PE ratios of 24.3 and 22.19, respectively, suggesting that Dwarikesh Sugar is trading at a significant premium relative to its industry counterparts. Despite the fair valuation, the company's financial metrics reveal notable concerns, including negative EV to EBIT and EV to EBITDA ratios of -21.06 and -10.49, respectively. Furthermore, the company's recent stock performance has been underwhelming, with a year-to-date return of -23.78%, contrasting sharply with the Sensex's gain of 7.47% over the same period. This underperformance, coupled with high valuation ratios, suggests that whil...
Read More
View All News