Dhampur Sugar Mills Ltd

₹ 214 2.15%
30 Sep - close price
About

Dhampur Sugar Mills (Dhampur) is one of the leading integrated sugarcane processing companies in India. Our continuous and often pioneering efforts to harness the full potential of sugarcane has enabled us to expand our portfolio beyond sugar to include renewable power, fuel ethanol, alcohol, extra neutral alcohol, alcohol based chemicals and bio fertilizers. [1]

Key Points

71% revenue from Sugar
Presently, Company's sugar business accounts for about 71% of its revenues, followed by ethanol/chemicals business (15%) & Power business (9%). [1]

  • Market Cap 1,421 Cr.
  • Current Price 214
  • High / Low 528 / 198
  • Stock P/E 9.26
  • Book Value 134
  • Dividend Yield 2.80 %
  • ROCE 11.3 %
  • ROE 11.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 21.4%

Cons

  • The company has delivered a poor sales growth of -5.21% over past five years.
  • Company might be capitalizing the interest cost

* 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

Sector: Sugar Industry: Sugar

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
880 655 772 1,047 1,067 917 1,077 631 811 763 562 502 694
761 620 679 927 953 844 963 538 707 695 462 431 616
Operating Profit 120 34 92 120 114 73 114 93 104 67 100 71 78
OPM % 14% 5% 12% 11% 11% 8% 11% 15% 13% 9% 18% 14% 11%
12 12 -12 -1 4 2 1 32 3 2 0 7 5
Interest 34 21 20 25 26 21 13 10 26 18 9 14 17
Depreciation 18 18 19 21 20 16 22 12 20 16 13 14 12
Profit before tax 81 8 42 73 72 38 80 102 62 36 78 50 54
Tax % 22% 26% 5% -42% 24% 24% 27% 25% 26% 25% 26% 35% 34%
Net Profit 63 6 39 103 55 29 58 77 45 27 58 33 36
EPS in Rs 9.49 0.87 5.92 15.56 8.24 4.35 8.79 11.58 6.84 4.07 8.70 4.96 5.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
2,329 1,536 1,481 1,822 1,776 2,183 2,534 3,279 2,754 3,353 2,158 1,939 2,520
2,121 1,334 1,260 1,690 1,639 1,961 2,013 2,915 2,272 2,987 1,879 1,645 2,204
Operating Profit 208 202 221 132 137 222 521 364 482 365 279 295 317
OPM % 9% 13% 15% 7% 8% 10% 21% 11% 18% 11% 13% 15% 13%
26 4 11 21 28 36 25 25 -1 13 85 10 15
Interest 127 95 116 159 162 166 167 121 90 100 39 50 58
Depreciation 96 68 77 76 55 55 54 57 70 75 51 50 55
Profit before tax 10 44 39 -81 -52 37 325 211 321 203 274 204 219
Tax % 17% 35% 42% 7% 80% 15% 28% 25% 21% -4% 20% 28%
Net Profit 9 29 23 -75 -10 32 235 157 255 211 219 147 153
EPS in Rs 1.61 5.29 4.22 -13.18 -1.76 5.31 35.37 23.67 38.40 31.83 32.96 22.13 23.11
Dividend Payout % 62% 24% 30% -0% -0% -0% 17% 13% 17% 19% 18% 27%
Compounded Sales Growth
10 Years: 2%
5 Years: -5%
3 Years: -11%
TTM: -27%
Compounded Profit Growth
10 Years: 18%
5 Years: -9%
3 Years: -18%
TTM: -27%
Stock Price CAGR
10 Years: 13%
5 Years: -2%
3 Years: 4%
1 Year: -22%
Return on Equity
10 Years: 14%
5 Years: 17%
3 Years: 15%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
63 63 83 80 76 75 66 66 66 66 66 66
Reserves 446 423 404 364 352 647 845 950 1,177 1,309 1,496 822
895 992 1,439 1,335 1,608 1,656 1,915 1,447 1,818 1,752 1,158 886
529 575 760 974 1,013 829 500 660 767 716 750 391
Total Liabilities 1,924 2,044 2,657 2,730 3,032 3,192 3,325 3,123 3,827 3,843 3,471 2,165
976 985 1,073 1,086 1,252 1,494 1,492 1,592 1,593 1,635 1,612 1,000
CWIP 18 35 19 207 18 28 27 24 34 7 21 29
Investments 45 9 12 12 12 12 3 7 33 27 13 5
885 1,015 1,553 1,426 1,751 1,658 1,803 1,499 2,168 2,173 1,824 1,131
Total Assets 1,924 2,044 2,657 2,730 3,032 3,192 3,325 3,123 3,827 3,843 3,471 2,165

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
64 52 -149 486 -78 164 -50 805 -177 356 878 -4
-113 -50 -64 -246 -46 -43 -56 -166 -88 -71 -83 -92
35 -11 221 -239 124 -117 106 -648 265 -285 -738 77
Net Cash Flow -14 -10 8 1 -0 4 -0 -9 0 0 56 -18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 13 51 36 22 46 43 32 27 42 34 52 38
Inventory Days 134 227 469 311 327 281 322 162 320 226 293 215
Days Payable 90 138 221 178 176 99 55 71 108 80 135 61
Cash Conversion Cycle 58 140 283 155 196 225 299 118 253 180 211 192
Working Capital Days 34 79 165 70 116 102 174 83 172 147 178 134
ROCE % 10% 10% 9% 4% 6% 9% 19% 13% 16% 10% 11% 11%

Shareholding Pattern

Numbers in percentages

21 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
49.08 49.08 49.08 49.08 49.08 49.08 49.08 49.08 49.08 49.08 49.08 49.08
3.97 2.80 2.38 1.77 1.73 2.71 2.85 5.81 5.28 5.91 8.68 7.16
2.16 2.75 2.85 0.88 0.35 0.79 0.68 0.79 0.59 0.60 0.59 0.49
0.25 0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
44.54 45.08 45.69 48.27 48.84 47.42 47.38 44.31 45.05 44.40 41.65 43.27

Documents

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