Dhampur Sugar Mills Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Sugar: 43.0% • Potable Spirits: 33.3% • Ethanol: 14.4%
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
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.59x)
CONS
- Recent results are weak - TTM profit is down 31.3% versus prior year
- A large part of profit comes from other income (30.7% of PBT)
- Company has a low return on capital employed of 8.4%
- Company has a low return on equity of 7.5% over last 3 years
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BALRAMCHIN | 692.55 | 39.50 | 14654.18 | 0.51 | 44.15 | -14.40 | 1636.79 | 6.13 | 9.29 | 7.36 |
| EIDPARRY | 720.25 | 27.57 | 12817.26 | 0.00 | 311.50 | -32.93 | 9017.52 | 3.37 | 23.60 | 8.33 |
| TRIVENI | 255.60 | 20.04 | 5632.48 | 1.08 | 3.65 | 73.81 | 1950.14 | -0.22 | 8.92 | 2.94 |
| RENUKA | 24.87 | 0.00 | 5293.55 | 0.00 | -251.50 | 4.59 | 2120.20 | 5.61 | -3.84 | -3.60 |
| BAJAJHIND | 20.95 | 43.28 | 5008.45 | 0.00 | -1847.00 | -961.49 | 11259.70 | 801.92 | 2.86 | -10.64 |
| BANARISUG | 3542.25 | 36.48 | 4441.88 | 0.35 | -10.92 | -171.57 | 172.45 | -58.81 | 9.33 | -3.00 |
| DALMIASUG | 417.25 | 14.27 | 3377.19 | 1.44 | 6.91 | — | 848.19 | -16.48 | 8.38 | 5.10 |
| AVADHSUGAR | 771.95 | 23.43 | 1545.32 | 1.30 | 0.23 | 102.78 | 779.25 | 8.74 | 6.50 | 4.68 |
| GODAVARIB | 235.20 | 5349.60 | 1203.66 | 0.00 | -19.32 | -20.62 | 557.88 | 4.62 | 5.79 | 0.09 |
| UTTAMSUGAR | 280.65 | 12.31 | 1070.35 | 0.89 | 1.30 | -91.05 | 606.37 | -3.56 | 11.62 | 4.32 |
| DHAMPURSUG | 163.65 | 14.97 | 1052.38 | 1.22 | 60.90 | 6592.31 | 7861.70 | 961.42 | 6.63 | 3.98 |
| DWARKESH | 44.75 | 57.23 | 829.22 | 0.22 | -257.31 | -2642.01 | 3581.31 | 783.26 | 4.64 | -7.18 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 915 | 580 | 482 | 667 | 678 | 580 | 587 | 810 | 741 | 711 | 667 | 687 | 785 | |
| 820 | 559 | 429 | 571 | 651 | 581 | 546 | 709 | 718 | 703 | 612 | 602 | 784 | |
| Operating Profit | 94 | 21 | 53 | 96 | 27 | -1 | 41 | 100 | 23 | 9 | 56 | 85 | 2 |
| OPM % | 10.30% | 3.63% | 11.05% | 14.41% | 3.99% | -0.10% | 7.06% | 12.37% | 3.05% | 1.20% | 8.37% | 12.36% | 0.20% |
| 1 | 5 | 16 | 4 | 4 | 6 | 7 | 3 | 8 | 2 | 6 | 7 | 6 | |
| Interest | 14 | 7 | 6 | 15 | 16 | 12 | 10 | 12 | 16 | 10 | 8 | 14 | 16 |
| Depreciation | 13 | 12 | 16 | 17 | 13 | 13 | 16 | 19 | 14 | 14 | 16 | 18 | 13 |
| Profit before Tax | 68 | 7 | 48 | 69 | 2 | -20 | 22 | 72 | 1 | -13 | 37 | 60 | 7 |
| Tax % | 33.37% | 31.64% | 33.54% | 24.67% | 32.31% | 32.97% | 30.37% | 30.99% | 35.14% | 34.94% | 28.73% | 23.66% | 28.82% |
| Net Profit | 45 | 4 | 32 | 52 | 1 | -14 | 15 | 49 | 1 | -9 | 26 | 46 | 5 |
| 6.81 | 0.67 | 4.75 | 7.85 | 0.20 | -2.07 | 2.29 | 7.56 | 0.11 | -1.36 | 4.10 | 7.08 | 0.83 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,534 | 3,279 | 2,754 | 3,353 | 2,158 | 1,939 | 2,412 | 2,166 | 1,955 | 1,966 | 2,851 | |
| 2,013 | 2,915 | 2,277 | 2,991 | 1,881 | 1,645 | 2,115 | 1,902 | 1,787 | 1,794 | 2,700 | |
| Operating Profit | 521 | 364 | 478 | 362 | 277 | 294 | 296 | 265 | 168 | 172 | 151 |
| OPM % | 20.55% | 11.09% | 17.35% | 10.80% | 12.83% | 15.18% | 12.28% | 12.22% | 8.60% | 8.75% | 5.30% |
| 29 | 29 | 16 | 36 | 15 | 11 | 17 | 32 | 23 | 26 | 21 | |
| Interest | 171 | 125 | 103 | 120 | 42 | 51 | 46 | 47 | 54 | 51 | 49 |
| Depreciation | 54 | 57 | 70 | 75 | 51 | 50 | 52 | 59 | 62 | 62 | 61 |
| Profit before Tax | 325 | 211 | 321 | 203 | 199 | 204 | 215 | 190 | 75 | 85 | 91 |
| Tax % | 27.70% | 25.41% | 20.56% | -4.13% | 27.81% | 28.14% | 30.13% | 30.22% | 30.32% | 24.24% | 24.48% |
| Net Profit | 235 | 157 | 255 | 211 | 143 | 147 | 150 | 133 | 52 | 64 | 69 |
| EPS | 36.13 | 23.67 | 38.40 | 31.84 | 32.97 | 22.13 | 22.64 | 20.33 | 7.98 | 9.96 | — |
| Dividend Payout % | 16.96% | 12.67% | 16.92% | 18.84% | 27.76% | 27.10% | 26.50% | 0.00% | 0.00% | 20.07% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -1%
- 5 Years:
- -2%
- 3 Years:
- -7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 7%
- 5 Years:
- -15%
- 3 Years:
- -25%
STOCK PRICE CAGR
- 10 Years:
- 4%
- 5 Years:
- -11%
- 3 Years:
- -16%
- 1 Year:
- 21%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 10%
- 3 Years:
- 8%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 65 | 65 | 64 |
| 845 | 950 | 1,177 | 1,309 | 1,496 | 822 | 972 | 1,030 | 1,082 | 1,127 | |
| 1,805 | 1,358 | 1,692 | 1,647 | 1,161 | 872 | 727 | 897 | 863 | 794 | |
| Trade Payables | 253 | 502 | 561 | 565 | 594 | 231 | 181 | 104 | 141 | 158 |
| 485 | 336 | 386 | 283 | 414 | 366 | 361 | 354 | 279 | 284 | |
| Total Liabilities | 3,454 | 3,212 | 3,882 | 3,870 | 3,732 | 2,359 | 2,308 | 2,450 | 2,431 | 2,427 |
| 1,492 | 1,592 | 1,593 | 1,635 | 1,612 | 1,000 | 1,046 | 1,151 | 1,133 | 1,095 | |
| Capital Work in Progress | 27 | 24 | 34 | 7 | 21 | 29 | 103 | 17 | 9 | 13 |
| 3 | 7 | 33 | 27 | 13 | 5 | 2 | 47 | 27 | 264 | |
| 1,477 | 1,146 | 1,656 | 1,604 | 1,293 | 818 | 667 | 917 | 899 | 858 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 148 | 114 | |
| Cash & Bank | 18 | 10 | 10 | 9 | 67 | 55 | 51 | 19 | 123 | 12 |
| 436 | 432 | 557 | 587 | 726 | 452 | 438 | 139 | 92 | 72 | |
| Total Assets | 3,454 | 3,212 | 3,882 | 3,870 | 3,732 | 2,359 | 2,308 | 2,450 | 2,431 | 2,427 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 861 | -121 | 404 | 914 | 31 | 419 | -48 | 200 | 243 | |
| Cash from Investing | -56 | -166 | -88 | -71 | -83 | -91 | -144 | -92 | 22 | -244 |
| Cash from Financing | 106 | -648 | 265 | -285 | -738 | 77 | -242 | 109 | -111 | -109 |
| -0 | -9 | 0 | 0 | 56 | -17 | -7 | -31 | 111 | -109 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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
2026-08-27 - Dhampur Sugar Mills Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026. Further, the company has informed the Exchange regarding voting results.
2026-08-26 - Dhampur Sugar Mills Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026
2026-08-03 - Dhampur Sugar Mills Limited has informed the Exchange about Credit Rating- Revision
2026-08-01 - Dhampur Sugar Mills Limited has informed the Exchange about Copy of Newspaper Publication
2026-07-31 - Dhampur Sugar Mills Limited has informed the Exchange about General Updates
2026-07-31 - Dhampur Sugar Mills Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-31 - Dhampur Sugar Mills Limited has informed the Exchange about Copy of Newspaper Publication
2026-07-30 - Dhampur Sugar Mills Limited has informed the Exchange regarding 'Redemption of Commercial Paper'.
2026-07-30 - Dhampur Sugar Mills Limited has informed the Exchange regarding 'Redemption of Commercial Paper'.
News
Recent coverage and analyst commentary for DHAMPURSUG
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Dhampur Sugar Mills Ltd.
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