Dwarikesh Sugar Industries Ltd
Dwarikesh Sugar Industries Ltd is primarily engaged in manufacturing of sugar and allied products. It has strong presence in fields such as sugar manufacturing, power and ethanol/ industrial alcohol production.[1]
- Market Cap ₹ 1,763 Cr.
- Current Price ₹ 93.6
- High / Low ₹ 148 / 79.0
- Stock P/E 13.0
- Book Value ₹ 38.3
- Dividend Yield 2.14 %
- ROCE 21.0 %
- ROE 24.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 25.2%
- Company's working capital requirements have reduced from 146 days to 112 days
Cons
- 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Sep 2010 | Sep 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
555 | 593 | 699 | 928 | 1,128 | 794 | 1,190 | 1,430 | 1,084 | 1,336 | 1,839 | 1,974 | 2,263 | |
492 | 519 | 605 | 869 | 1,043 | 686 | 917 | 1,287 | 955 | 1,200 | 1,638 | 1,683 | 2,004 | |
Operating Profit | 63 | 75 | 94 | 59 | 86 | 108 | 273 | 142 | 129 | 136 | 201 | 291 | 259 |
OPM % | 11% | 13% | 13% | 6% | 8% | 14% | 23% | 10% | 12% | 10% | 11% | 15% | 11% |
2 | 0 | 2 | 13 | 10 | 13 | 18 | 17 | 36 | 5 | 7 | 3 | 6 | |
Interest | 46 | 60 | 79 | 71 | 75 | 52 | 52 | 25 | 21 | 33 | 48 | 32 | 23 |
Depreciation | 32 | 33 | 33 | 33 | 47 | 31 | 30 | 32 | 33 | 37 | 41 | 44 | 47 |
Profit before tax | -13 | -18 | -16 | -32 | -27 | 39 | 209 | 102 | 111 | 72 | 120 | 219 | 195 |
Tax % | 32% | 26% | 28% | 39% | 37% | 1% | 25% | 1% | 14% | -3% | 24% | 29% | |
Net Profit | -9 | -13 | -11 | -19 | -17 | 39 | 156 | 101 | 95 | 73 | 92 | 155 | 136 |
EPS in Rs | -0.56 | -0.81 | -0.69 | -1.19 | -1.03 | 2.39 | 8.29 | 5.39 | 5.05 | 3.90 | 4.86 | 8.24 | 7.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 0% | 20% | 26% | 26% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 11% |
3 Years: | 22% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 0% |
3 Years: | 18% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 40% |
5 Years: | 17% |
3 Years: | 34% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 22% |
3 Years: | 20% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Sep 2010 | Sep 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 32 | 32 | 47 | 47 | 47 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | |
Reserves | 117 | 104 | 93 | 73 | 56 | 70 | 267 | 347 | 445 | 465 | 560 | 654 | 702 |
453 | 467 | 525 | 392 | 624 | 656 | 533 | 342 | 656 | 846 | 609 | 524 | 312 | |
122 | 66 | 118 | 179 | 302 | 260 | 200 | 276 | 246 | 279 | 257 | 222 | 97 | |
Total Liabilities | 709 | 653 | 752 | 660 | 999 | 1,001 | 1,019 | 984 | 1,365 | 1,609 | 1,445 | 1,420 | 1,130 |
525 | 496 | 470 | 440 | 399 | 356 | 331 | 341 | 319 | 430 | 410 | 388 | 580 | |
CWIP | 1 | 5 | 0 | 0 | 0 | 0 | 1 | 0 | 16 | 2 | 1 | 142 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
183 | 153 | 282 | 220 | 600 | 644 | 687 | 642 | 1,029 | 1,177 | 1,035 | 889 | 545 | |
Total Assets | 709 | 653 | 752 | 660 | 999 | 1,001 | 1,019 | 984 | 1,365 | 1,609 | 1,445 | 1,420 | 1,130 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Sep 2010 | Sep 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 53 | 8 | 203 | -151 | 37 | 141 | 298 | -250 | 11 | 296 | 352 | |
-2 | -10 | -3 | -4 | -4 | -13 | -5 | -41 | -44 | -111 | -18 | -175 | |
-42 | -43 | -4 | -199 | 154 | -20 | -140 | -256 | 292 | 101 | -280 | -178 | |
Net Cash Flow | -5 | 0 | 1 | 1 | -1 | 4 | -4 | 2 | -2 | 1 | -2 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Sep 2010 | Sep 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 13 | 1 | 14 | 30 | 17 | 14 | 20 | 27 | 13 | 6 |
Inventory Days | 137 | 113 | 169 | 89 | 195 | 333 | 286 | 172 | 388 | 330 | 223 | 192 |
Days Payable | 64 | 6 | 7 | 45 | 80 | 89 | 36 | 70 | 86 | 75 | 49 | 24 |
Cash Conversion Cycle | 73 | 107 | 175 | 44 | 129 | 273 | 267 | 116 | 322 | 281 | 187 | 174 |
Working Capital Days | 58 | 30 | 53 | -9 | 75 | 152 | 131 | 79 | 238 | 178 | 148 | 112 |
ROCE % | 5% | 7% | 10% | 7% | 8% | 11% | 32% | 17% | 14% | 9% | 13% | 21% |
Documents
Announcements
- Board Meeting Intimation for CONVENING OF MEETING OF Board 23 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jan - Depositories and Participants) Regulations, 2018, we are pleased to forward herewith the Certificate received from M/s. Universal Capital Securities Private Limited, Registrar and Share Transfer …
- Closure of Trading Window 30 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Dec 2022 - Was discussed/disseminated at these meetings are already available on the website of the Company and had been filed with the stock exchanges vide our letter …
- Regulation 23(9) - Disclosure Of Related Party Transactions For The Half Year Ended September 30, 2022 3 Nov 2022
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Oct 2022TranscriptPPT
-
Jul 2022TranscriptPPT
-
May 2022TranscriptPPT
-
Feb 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Feb 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jun 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Nov 2018Transcript PPT
-
Aug 2018Transcript PPT
-
May 2018Transcript PPT
-
Jan 2018Transcript PPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
-
May 2017Transcript PPT
-
Feb 2017Transcript PPT
-
Oct 2016Transcript PPT
-
Aug 2016Transcript PPT
-
Jun 2016Transcript PPT
Revenue Breakup
Presently, Sugar accounts for ~80% revenues of the company, followed by Cogen Power (13%) and Distillery (Ethanol and industrial alcohol) business (7%).
Sales from distillery business tripled in FY21 when compared to FY20.[1]