Is Davangere Sugar Company Ltd (DAVANGERE) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Davangere Sugar Company Ltd is a below average quality company .

Is Davangere Sugar Company Ltd (DAVANGERE) undervalued or overvalued?

The key valuation ratios of Davangere Sugar Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Davangere Sugar Company Ltd (DAVANGERE) share price return in the past 10 years?

Data is not available for this company

Is Davangere Sugar Company Ltd (DAVANGERE) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Davangere Sugar Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Davangere Sugar Company Ltd (DAVANGERE)?

Company share prices are keep on changing according to the market conditions. The current trading price of Davangere Sugar Company Ltd (DAVANGERE) on 17-Apr-2026 16:59:59 at 16:59 is 3.68.

What is the P/E ratio of Davangere Sugar Company?

The latest standalone P/E ratio of Davangere Sugar Company as of 17-Apr-2026 is 61.91.

What is the P/B ratio of Davangere Sugar Company Ltd (DAVANGERE)?

The latest standalone P/B ratio of Davangere Sugar Company Ltd (DAVANGERE) as of 17-Apr-2026 is 1.50.

What is the 52-week high and low of Davangere Sugar Company Ltd (DAVANGERE)?

The 52-week high of Davangere Sugar Company Ltd (DAVANGERE) is Rs. 5.48 and the 52-week low is Rs. 2.72.

Davangere Sugar Company Ltd (DAVANGERE) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Davangere Sugar Company Ltd (DAVANGERE)
Brand: Davangere Sugar Company

Davangere Sugar Company Ltd (DAVANGERE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 543267 NSE: DAVANGERE | Sugar | Small Cap

Key Metrics

Market Cap

₹526 Cr.

P/E Ratio

61.91

Price to Book (P/B)

1.50

Price to Sales (P/S)

2.48

EV/EBITDA

13.71

Return on Capital Employed (ROCE)

8.97%

Current Price

₹3.7

Return on Equity (ROE)

5.75%

Return on Assets (ROA)

1.54%

Operating Profit Margin

24.2%

Net Profit Margin

5.09%

Gross Profit Margin

11.9%

Book Value per Share

₹2.5

Sales Growth (YoY)

-0.71%

Sales Growth (3 Years)

20.06%

Operating Profit Growth (1 Year)

14.67%

Operating Profit Growth (3 Years)

14.75%

Net Profit Growth (1 Year)

-10.62%

52-Week Low / High

₹3 / 5

Net Profit Growth (3 Years)

24.41%

Dividend Yield

0.00%

Promoter Holding

41.78%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd revenue growth is -0.7% for FY-2025 , which is below its 5 year CAGR of 1.2% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Davangere Sugar Company Ltd?

Promoters hold 41.78% of the Davangere Sugar Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Davangere Sugar Company Ltd vs industry peers?

Davangere Sugar Company Ltd revenue CAGR is 1.17% , compared to the industry median CAGR of 2.84% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Davangere Sugar Company Ltd belong to?

Davangere Sugar Company Ltd belongs to the Agriculture & Allied activities sector, operating specifically within the Sugar segment.

Q.1 Stock return of Davangere Sugar Company Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 22.57% based on the current price.

DeciZen - make an informed investing decision on Davangere Sugar Co

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

Davangere Sugar Company stock performance

Key Ratios

Is Davangere Sugar Company Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.6%	6.1%	3.4%	10.1%	8.1%	5.4%	5.8%	9.8%	9.4%	9%	-
Value Creation Index ⓘ	-0.1	-0.6	-0.8	-0.3	-0.4	-0.6	-0.6	-0.3	-0.3	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	184	173	63.7	114	203	147	124	280	217	215	212
Sales YoY Gr.	-	-5.8%	-63.2%	78.5%	78.6%	-27.3%	-15.8%	125.3%	-22.7%	-0.7%	-
Adj EPS ⓘ	0.2	-0	-0.2	0.1	0	0	0.1	0.1	0.1	0.1	0.1
YoY Gr.	-	-115%	NA	NA	-40%	33.3%	125%	44.4%	0%	-15.4%	-
BVPS (₹) ⓘ	1.9	1.9	1.7	1.4	3.8	3.8	3.9	1.6	1.9	2	2.5
Adj Net Profit ⓘ	10.4	-1.7	-8.5	3.1	2.2	2.4	5.7	13.1	12.2	10.9	9
Cash Flow from Ops. ⓘ	-14.9	68.5	6.1	-30.5	59.4	5.5	-68.1	80.7	2.5	-4.6	-
Debt/CF from Ops. ⓘ	-11.2	1.5	19.6	-4.9	2	24	-3.8	3	106.7	-59.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.8%	1.2%	20.1%	-0.7%
Adj EPS ⓘ	-6.4%	29.7%	6.9%	-15.4%
BVPSⓘ	0.6%	-11.8%	-19.8%	5.2%
Share Price	-	22.6%	-17.9%	-6.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	11	-1.7	-9.2	3.5	1.3	1	2.3	4.6	3.8	3.2	2.7
Op. Profit Mgn % ⓘ	20.7	13.4	-3.8	27.4	16.3	19.2	27.7	19.9	20.9	24.2	23.5
Net Profit Mgn % ⓘ	5.7	-1	-13.4	2.8	1.1	1.6	4.6	4.7	5.7	5.1	4.1
Debt to Equity ⓘ	1.7	1.1	1.3	1.6	0.5	0.5	1	1.6	1.4	1.4	-
Working Cap Days ⓘ	315	287	706	540	323	389	535	297	467	594	335
Cash Conv. Cycle ⓘ	222	163	428	304	160	175	327	155	172	216	154

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.1	-
TTM Sales (₹ Cr.)	212	-
BVPS (₹) ⓘ	2.5	-
Reserves (₹ Cr.) ⓘ	208	-
P/BV ⓘ	1.50	-
PE ⓘ	61.91	-

From the Market
52 Week Low / High (₹)	2.72 / 5.48
All Time Low / High (₹)	1.21 / 11.62
Market Cap (₹ Cr.)	526
Equity (₹ Cr.)	143
Face Value (₹)	1
Industry PE ⓘ	20.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Davangere Sugar Co - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	184	173	64	114	203	147	124	280	217	215
Operating Expenses ⓘ +	146	150	66	82	170	119	90	224	171	163
Manufacturing Costs	15	5	5	10	8	8	10	13	13	21
Material Costs	116	134	52	61	148	99	67	192	139	119
Employee Cost	8	7	6	7	8	8	7	9	8	8
Other Costs ⓘ	7	4	3	5	6	4	5	11	11	15
Operating Profit ⓘ	38	23	-3	31	33	28	34	56	45	52
Operating Profit Margin (%)	20.5%	13.4%	-4.0%	27.4%	16.2%	19.2%	27.7%	19.9%	20.9%	24.2%
Other Income ⓘ +	1	0	18	0	0	0	0	1	6	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	18	14	14	18	22	17	19	27	25	28
Depreciation ⓘ	8	9	9	9	9	9	9	12	12	13
Profit Before Tax ⓘ	13	1	-7	5	3	3	7	18	14	13
Tax ⓘ	3	2	2	1	1	1	1	4	2	2
Profit After Tax	10	-2	-9	3	2	2	6	13	12	11
PAT Margin (%)	5.6%	-1.0%	-13.5%	2.8%	1.0%	1.7%	4.6%	4.7%	5.7%	5.1%
Adjusted EPS (₹)	0.2	-0.0	-0.2	0.1	0.0	0.0	0.1	0.1	0.1	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	99	98	89	92	243	245	251	312	340	350
Share Capital ⓘ	45	45	45	56	56	56	56	94	94	94
Reserves ⓘ	54	53	44	36	187	190	196	218	246	256
Debt +	149	91	104	141	111	122	241	221	234	244
Long Term Debt	43	31	14	7	4	51	112	95	68	47
Short Term Debt	106	60	90	134	107	71	130	126	165	196
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	26	3	2	5	3	0	4	15	22	28
Others Liabilities ⓘ	71	72	96	90	98	71	77	48	86	121
Total Liabilities ⓘ	346	264	291	328	454	439	574	597	682	743
Fixed Assets
Net Fixed Assets ⓘ +	159	145	136	128	280	271	262	329	338	329
Gross Block	290	285	286	285	446	446	446	524	545	548
Accumulated Depreciation	131	140	149	157	166	175	184	195	207	219
CWIP ⓘ	0	12	5	5	0	0	84	21	21	21
Investments ⓘ	0	0	0	1	2	2	4	4	5	5
Inventories	136	59	64	101	47	42	116	92	122	145
Trade Receivables	23	21	10	20	24	32	36	21	18	29
Cash Equivalents	5	4	6	1	7	17	8	3	3	3
Others Assets ⓘ	23	25	69	72	95	74	64	127	174	212
Total Assets ⓘ	346	264	291	328	454	439	574	597	682	743

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-15	68	6	-30	59	6	-68	81	2	-5
PBT ⓘ	13	1	-9	3	3	3	7	18	14	13
Adjustment ⓘ	5	9	9	9	9	9	9	12	12	13
Changes in Working Capital ⓘ	-33	58	6	-43	48	-7	-84	51	-24	-30
Tax Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ +	-10	-9	6	-2	-2	-1	-85	-20	-23	-3
Capex	-4	-9	0	-0	-1	-0	-84	-20	-22	-3
Net Investments	0	0	0	-1	-0	-1	-2	0	-1	-0
Others ⓘ	-6	0	6	0	0	0	-0	0	0	0
Cash Flow From Financing Activity ⓘ +	13	-61	-9	27	-52	6	144	-64	19	8
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	10	0	0
Net Proceeds from Borrowing ⓘ	23	-13	-17	-7	-3	47	61	0	-26	-21
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-10	-48	7	34	-49	-41	84	-73	46	29
Net Cash Flow ⓘ	-12	-2	2	-5	6	10	-9	-3	-1	-0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	10.84	-1.67	-9.23	3.56	1.24	1.02	2.29	6.47	7.15	5.75
ROCE (%)	12.57	6.14	3.38	10.1	8.11	5.36	5.8	9.82	9.35	8.97
Asset Turnover Ratio	0.57	0.6	0.23	0.37	0.52	0.33	0.25	0.48	0.34	0.3
PAT to CFO Conversion(x)	-1.5	N/A	N/A	-10	29.5	3	-11.33	6.23	0.17	-0.45
Working Capital Days
Receivable Days	43	43	88	48	39	69	99	37	34	40
Inventory Days	223	196	351	265	133	111	233	135	180	226
Payable Days	76	40	19	22	10	6	11	19	49	77

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Davangere Sugar Company Ltd FAQs

The current trading price of Davangere Sugar Co on 17-Apr-2026 16:59 is ₹3.68.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Davangere Sugar Co stood at ₹526.2 Cr

The latest P/E ratio of Davangere Sugar Co as of 16-Apr-2026 is 61.91.

The latest P/B ratio of Davangere Sugar Co as of 16-Apr-2026 is 1.50.

The 52-week high of Davangere Sugar Co is ₹5.48 and the 52-week low is ₹2.72.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Davangere Sugar Co is ₹212 ( Cr.) .

About Davangere Sugar Company Ltd

Davangere Sugar Company Limited (DSCL) was incorporated during 1970 in joint sector by Karnataka Agro Industries Corporation Limited, Karnataka State Small Industries Development Corporation Limited, IDBI, ICICI, IFCI and local farmers. DSCL commenced commercial production of Sugar in the year 1974.

The factory is located on a land area of 152 acres at Kukkuvada village, 15kms away from Davangere city, Karnataka state. The factory is surrounded by fully irrigated sugarcane growing belt of 30000 acres. The Sugarcane areas are located within a radius of 35kms surrounding the Factory.

Business area of the company

The company is exporter, supplier and manufacturer of sugar. The company also engaged in the business of Sugar, Power.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Davangere Sugar Company Ltd (DAVANGERE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Davangere Sugar Co Share Price