Dalmia Bharat Sugar & Industries Ltd

₹ 371 -2.86%

12 May 4:01 p.m.

dalmiasugar.com BSE: 500097 NSE: DALMIASUG

About

Dalmia Bharat Sugar & Industries is mainly engaged in manufacturing of sugar, generation of power, manufacturing of Industrial alcohol and manufacturing of refractory products.^[1]The company is among the youngest and largest sugar companies in India. Its is the fastest-growing sugar company with its presence in UP and Maharashtra.

Key Points

Revenue Mix FY23
Sugar - 67%
Distillery - 23%
History**^[1]
DBSIL, a part of the Dalmia Bharat Group is a leading Indian sugar producer. In 1994, Company entered the sugarindustry by establishing 2500 TCD capacity sugar mill in UP.

Website BSE NSE

Market Cap ₹ 2,998 Cr.
Current Price ₹ 371
High / Low ₹ 465 / 261
Stock P/E 12.6
Book Value ₹ 401
Dividend Yield 1.62 %
ROCE 8.30 %
ROE 7.34 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Stock is trading at 0.93 times its book value

Cons

The company has delivered a poor sales growth of 6.14% over past five years.
Company has a low return on equity of 9.43% over last 3 years.
Dividend payout has been low at 10.8% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Sugar

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	1,149	834	732	584	750	960	920	838	1,016	941	989	698	991
	941	715	666	474	631	849	853	736	818	851	932	588	820
Operating Profit	208	118	65	109	119	111	67	101	197	90	56	109	171
OPM %	18%	14%	9%	19%	16%	12%	7%	12%	19%	10%	6%	16%	17%
	12	9	56	24	37	16	13	19	16	11	20	29	34
Interest	9	10	16	8	16	26	12	9	16	16	10	12	24
Depreciation	34	31	31	32	33	26	32	35	38	32	34	33	36
Profit before tax	176	87	74	93	107	75	36	76	160	53	31	93	145
Tax %	30%	30%	26%	33%	14%	27%	-48%	22%	-25%	25%	25%	25%	27%
	124	61	55	62	91	55	53	59	199	39	23	70	105
EPS in Rs	15.35	7.58	6.79	7.68	11.29	6.77	6.59	7.33	24.57	4.85	2.88	8.62	13.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,150	1,166	1,686	2,244	2,018	2,110	2,685	3,007	3,252	2,899	3,746	3,618
	1,037	939	1,307	2,010	1,781	1,772	2,213	2,539	2,815	2,487	3,276	3,192
Operating Profit	113	227	378	234	237	338	472	467	437	412	470	426
OPM %	10%	19%	22%	10%	12%	16%	18%	16%	13%	14%	13%	12%
	16	21	24	37	87	60	53	48	77	128	74	94
Interest	78	87	102	69	69	88	62	35	38	50	63	62
Depreciation	51	113	56	54	52	57	96	95	121	127	131	136
Profit before tax	0	47	244	148	204	252	368	386	355	363	350	322
Tax %	-429%	-23%	23%	9%	8%	21%	27%	24%	30%	25%	-11%	26%
	1	58	187	134	187	198	270	295	250	272	387	238
EPS in Rs	0.18	7.22	23.09	16.58	23.16	24.48	33.31	36.51	30.91	33.68	47.81	29.40
Dividend Payout %	0%	8%	9%	0%	7%	8%	9%	11%	13%	15%	13%	5%

Compounded Sales Growth
10 Years:	12%
5 Years:	6%
3 Years:	4%
TTM:	-3%

Compounded Profit Growth
10 Years:	17%
5 Years:	-2%
3 Years:	-1%
TTM:	-38%

Stock Price CAGR
10 Years:	14%
5 Years:	3%
3 Years:	1%
1 Year:	-8%

Return on Equity
10 Years:	11%
5 Years:	10%
3 Years:	9%
Last Year:	7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	16	16	16	16	16	16	16	16	16	16
Reserves	442	495	1,234	1,433	1,534	1,592	2,074	2,343	2,689	2,916	3,218	3,228
	931	1,138	1,214	776	1,037	1,277	958	819	454	1,430	1,044	1,740
	443	411	459	632	620	642	629	645	644	800	585	473
Total Liabilities	1,833	2,059	2,923	2,857	3,207	3,528	3,677	3,822	3,803	5,162	4,863	5,457
	746	752	1,280	1,293	1,316	1,353	1,308	1,531	1,652	1,847	1,804	1,753
CWIP	28	6	2	7	11	6	27	59	21	133	188	15
Investments	83	92	275	435	288	447	563	594	736	629	583	1,348
	976	1,209	1,366	1,122	1,592	1,722	1,778	1,639	1,393	2,554	2,289	2,341
Total Assets	1,833	2,059	2,923	2,857	3,207	3,528	3,677	3,822	3,803	5,162	4,863	5,457

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-11	-24	76	659	-220	209	346	567	583	-239	450	210
	-43	-77	-65	-131	-30	-329	36	-327	-192	-257	-108	-775
	42	112	2	-528	219	145	-364	-217	-419	902	-480	596
Net Cash Flow	-13	11	13	1	-31	25	18	23	-29	405	-137	31
Free Cash Flow	-61	-110	5	588	-327	119	274	234	365	-624	309	151
CFO/OP	-28%	-7%	32%	301%	-75%	75%	75%	133%	162%	-38%	96%	66%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	25	33	24	12	37	29	16	19	17	15	13	18
Inventory Days	310	476	367	161	284	345	274	213	163	329	222	233
Days Payable	133	125	62	92	109	102	54	43	33	71	27	20
Cash Conversion Cycle	202	384	329	81	212	272	237	188	147	273	208	232
Working Capital Days	4	50	34	20	82	45	64	67	81	45	98	57
ROCE %	5%	8%	17%	9%	11%	12%	14%	14%	12%	10%	9%	8%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Total Distillery Capacity
KLPD

xx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx	xxx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	xx.xx	xx.xx	xx.xx	xx.xx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx	x.xx
xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx

Please log in to see hidden values.

Cane Crushed
Lakh MT

Distillery Sales Volume
Cr Litres

Gross Sugar Recovery Rate
%

Sugar Sales Volume
Lakh MT

Total Sugar Crushing Capacity
TCD

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

28 Recently

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	74.91%	74.91%	74.92%	74.92%	74.92%	74.92%	74.92%	74.92%	74.92%	74.92%	74.92%	74.92%
	0.90%	0.97%	1.07%	1.03%	0.96%	1.02%	0.89%	0.75%	1.08%	0.97%	0.70%	0.72%
	0.06%	0.08%	0.08%	0.09%	0.09%	0.05%	0.05%	0.05%	0.05%	0.05%	0.09%	0.12%
	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%
	23.96%	23.88%	23.78%	23.81%	23.87%	23.85%	23.99%	24.11%	23.77%	23.89%	24.12%	24.07%
No. of Shareholders	41,491	41,485	45,070	47,026	47,906	45,953	45,934	46,076	43,981	46,427	46,543	45,646

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.91%	74.92%	74.92%	74.92%
	1.03%	0.88%	2.59%	0.39%	0.83%	1.15%	1.03%	1.03%	0.75%	0.72%
	2.12%	1.88%	1.89%	1.86%	0.07%	0.07%	0.06%	0.09%	0.05%	0.12%
	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%
	21.78%	22.17%	20.45%	22.68%	24.03%	23.71%	23.82%	23.81%	24.11%	24.07%
No. of Shareholders	18,228	21,583	19,418	19,814	18,605	41,039	43,368	47,026	46,076	45,646

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Dalmia Bharat Sugar & Industries Ltd

Dalmia Bharat Sugar & Industries Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls