Dalmia Bharat Sugar And Industries Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Sugar: 70.7% • Distillery: 29.1% • Others: 0.2%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Company has consistently been profitable over the last 5 years
- Working capital cycle has improved - days down from 129 to 89
- Company has a consistent dividend-paying track record
- Company comfortably covers its interest (6.0x coverage)
CONS
- Receivables are growing faster than sales - a possible quality concern
- A large part of profit comes from other income (29.3% of PBT)
- Company has a low return on capital employed of 9.7%
- Recent results are weak - TTM profit is down 11.4% versus prior year
- Company has a low return on equity of 9.8% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.45x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BALRAMCHIN | 699.20 | 39.87 | 14794.90 | 0.50 | 44.15 | -14.40 | 1636.79 | 6.13 | 9.29 | 7.36 |
| EIDPARRY | 756.00 | 28.94 | 13453.45 | 0.00 | 311.50 | -32.93 | 9017.52 | 3.37 | 23.60 | 8.33 |
| TRIVENI | 268.90 | 21.08 | 5925.56 | 1.02 | 3.65 | 73.81 | 1950.14 | -0.22 | 8.92 | 2.94 |
| RENUKA | 24.36 | 0.00 | 5185.00 | 0.00 | -251.50 | 4.59 | 2120.20 | 5.61 | -3.84 | -3.60 |
| BAJAJHIND | 21.37 | 44.14 | 5108.85 | 0.00 | -1847.00 | -961.49 | 11259.70 | 801.92 | 2.86 | -10.64 |
| BANARISUG | 3682.15 | 37.92 | 4617.31 | 0.34 | -10.92 | -171.57 | 172.45 | -58.81 | 9.33 | -3.00 |
| DALMIASUG | 432.85 | 14.80 | 3503.46 | 1.39 | 6.91 | — | 848.19 | -16.48 | 8.38 | 5.10 |
| AVADHSUGAR | 821.70 | 24.94 | 1644.91 | 1.22 | 0.23 | 102.78 | 779.25 | 8.74 | 6.50 | 4.68 |
| GODAVARIB | 238.95 | 5434.89 | 1222.85 | 0.00 | -19.32 | -20.62 | 557.88 | 4.62 | 5.79 | 0.09 |
| DHAMPURSUG | 170.85 | 15.63 | 1098.68 | 1.17 | 60.90 | 6592.31 | 7861.70 | 961.42 | 6.63 | 3.98 |
| UTTAMSUGAR | 282.65 | 12.40 | 1077.97 | 0.88 | 1.30 | -91.05 | 606.37 | -3.56 | 11.62 | 4.32 |
| DWARKESH | 46.73 | 59.76 | 865.91 | 0.21 | -257.31 | -2642.01 | 3581.31 | 783.26 | 4.64 | -7.18 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,149 | 834 | 732 | 584 | 750 | 960 | 926 | 838 | 1,016 | 941 | 698 | 991 | 848 | |
| 941 | 715 | 666 | 474 | 631 | 849 | 861 | 736 | 818 | 899 | 588 | 821 | 866 | |
| Operating Profit | 208 | 118 | 65 | 109 | 119 | 111 | 66 | 101 | 197 | 42 | 109 | 170 | -18 |
| OPM % | 18.08% | 14.21% | 8.95% | 18.72% | 15.83% | 11.58% | 7.08% | 12.08% | 19.40% | 4.43% | 15.68% | 17.17% | -2.09% |
| 13 | 9 | 56 | 27 | 37 | 16 | 16 | 19 | 16 | 11 | 29 | 34 | 28 | |
| Interest | 9 | 10 | 16 | 8 | 16 | 26 | 12 | 9 | 16 | 16 | 12 | 25 | 27 |
| Depreciation | 34 | 31 | 31 | 32 | 33 | 26 | 32 | 35 | 38 | 32 | 33 | 37 | 34 |
| Profit before Tax | 177 | 87 | 74 | 96 | 107 | 75 | 38 | 76 | 160 | 53 | 93 | 143 | 10 |
| Tax % | 29.37% | 29.66% | 25.83% | 32.13% | 14.29% | 27.03% | -74.66% | 21.51% | -24.61% | 25.45% | 25.16% | 27.44% | 29.70% |
| Net Profit | 0 | 0 | 0 | 65 | 91 | 55 | 66 | 60 | 0 | 39 | 70 | 104 | 7 |
| 15.48 | 7.58 | 6.78 | 8.02 | 11.28 | 6.76 | 8.18 | 7.33 | 24.55 | 4.85 | 8.59 | 12.79 | 0.85 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,686 | 2,244 | 2,019 | 2,111 | 2,686 | 3,018 | 3,252 | 2,899 | 3,725 | 3,618 | 3,478 | |
| 1,308 | 2,010 | 1,781 | 1,774 | 2,213 | 2,592 | 2,816 | 2,488 | 3,247 | 3,193 | 3,174 | |
| Operating Profit | 378 | 234 | 237 | 337 | 472 | 426 | 437 | 412 | 477 | 426 | 304 |
| OPM % | 22.41% | 10.43% | 11.74% | 15.95% | 17.59% | 14.11% | 13.42% | 14.20% | 12.82% | 11.76% | 8.73% |
| 24 | 25 | 75 | 56 | 54 | 86 | 76 | 129 | 61 | 94 | 102 | |
| Interest | 102 | 69 | 69 | 88 | 62 | 35 | 38 | 50 | 63 | 63 | 80 |
| Depreciation | 56 | 54 | 52 | 57 | 96 | 95 | 121 | 127 | 131 | 136 | 136 |
| Profit before Tax | 244 | 136 | 192 | 247 | 369 | 382 | 353 | 363 | 345 | 320 | 298 |
| Tax % | 23.53% | 10.19% | 8.57% | 21.93% | 26.55% | 22.18% | 29.69% | 25.02% | -5.87% | 26.25% | 26.45% |
| Net Profit | 186 | 122 | 175 | 193 | 271 | 297 | 248 | 272 | 366 | 236 | 219 |
| EPS | 23.01 | 15.11 | 21.64 | 23.87 | 33.40 | 36.54 | 30.90 | 33.66 | 45.15 | 29.24 | — |
| Dividend Payout % | 8.69% | 0.00% | 7.39% | 8.38% | 8.98% | 10.95% | 12.95% | 14.85% | 13.29% | 20.52% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 12%
- 5 Years:
- 6%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 15%
- 5 Years:
- -3%
- 3 Years:
- -2%
STOCK PRICE CAGR
- 10 Years:
- 15%
- 5 Years:
- 1%
- 3 Years:
- -1%
- 1 Year:
- 14%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 10%
- 3 Years:
- 10%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| 1,245 | 1,488 | 1,516 | 1,503 | 2,126 | 2,343 | 2,689 | 2,916 | 3,047 | 3,226 | |
| 1,230 | 785 | 1,057 | 1,293 | 970 | 826 | 456 | 1,382 | 979 | 1,730 | |
| Trade Payables | 173 | 429 | 420 | 394 | 268 | 261 | 208 | 383 | 196 | 155 |
| 270 | 195 | 268 | 364 | 512 | 585 | 710 | 716 | 656 | 733 | |
| Total Liabilities | 2,935 | 2,913 | 3,277 | 3,570 | 3,893 | 4,032 | 4,079 | 5,413 | 4,895 | 5,853 |
| 1,280 | 1,293 | 1,316 | 1,353 | 1,308 | 1,531 | 1,652 | 1,847 | 1,657 | 1,784 | |
| Capital Work in Progress | 2 | 7 | 11 | 6 | 27 | 59 | 21 | 133 | 186 | 47 |
| 366 | 626 | 417 | 359 | 620 | 594 | 736 | 629 | 583 | 1,339 | |
| 1,021 | 750 | 1,095 | 1,329 | 1,375 | 1,242 | 1,037 | 1,773 | 1,647 | 1,693 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 | 121 | 180 | |
| Cash & Bank | 59 | 60 | 29 | 67 | 80 | 104 | 69 | 530 | 311 | 332 |
| 207 | 178 | 409 | 456 | 482 | 502 | 563 | 382 | 390 | 480 | |
| Total Assets | 2,935 | 2,913 | 3,277 | 3,570 | 3,893 | 4,032 | 4,079 | 5,413 | 4,895 | 5,853 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 201 | 752 | -177 | 104 | 353 | 624 | 705 | -239 | 410 | 219 | |
| Cash from Investing | -144 | -178 | -29 | -179 | 37 | -327 | -192 | -257 | -113 | -851 |
| Cash from Financing | 2 | -528 | 219 | 145 | -364 | -217 | -419 | 902 | -480 | 664 |
| 13 | 1 | -31 | 25 | 18 | 23 | -29 | 405 | -182 | 32 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-10 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-07 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding a press release dated August 07, 2026, titled "Press Release".
2026-08-07 - Dalmia Bharat Sugar and Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-14 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding a press release dated July 14, 2026, titled "Press Release".
2026-07-14 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange about change in Management
2026-07-14 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange about General Updates
2026-07-14 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on July 14, 2026.
2026-07-10 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 10, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
2026-07-10 - Dalmia Bharat Sugar and Industries Limited has informed the Exchange about Shareholders meeting
News
Recent coverage and analyst commentary for DALMIASUG
Loading news…
AI Stock Analyst
Dalmia Bharat Sugar And Industries Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account