Davangere Sugar

Market Cap: Micro Cap
Industry: Sugar
ISIN: INE179G01029
NSEID: DAVANGERE
BSEID: 543267

INR

3.65

0.14 (3.99%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 11.72 lacs

Click here to access the older version

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

11.72 lacs (-34.94%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 2 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

54.26%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 7.12%

Poor long term growth as Net Sales has grown by an annual rate of 11.10% and Operating profit at 6.34% over the last 5 years
Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.05 times

Stock is technically in a Bearish range

Underperformed the market in the last 1 year

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Sugar

Market cap

INR 343 Cr (Micro Cap)

P/E

24.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.80

Return on Equity

3.96%

Price to Book

0.97

Revenue and Profits (1 Year):

Net Sales:

73 Cr

(Quarterly Results - Dec 2024)

Net Profit:

7 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

6 Months

-46.17%

1 Year

-58.09%

2 Years

-37.09%

3 Years

125.31%

4 Years

136.55%

5 Years

0.0%

Davangere Sugar for the last several years.

Risk Adjusted Returns v/s Sensex

Returns Beta

Beta has not been calculated since enough price history is not available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

11.10%

EBIT Growth (5y)

6.34%

EBIT to Interest (avg)

1.39

Debt to EBITDA (avg)

5.53

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.38

Tax Ratio

10.91%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

5.87%

ROE (avg)

3.30%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.97

EV to EBIT

14.86

EV to EBITDA

11.41

EV to Capital Employed

0.98

EV to Sales

2.73

PEG Ratio

Dividend Yield

ROCE (Latest)

6.24%

ROE (Latest)

3.96%

Tecnicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2024

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.0%)

Promoter with highest holding

Ganesh S S (28.96%)

Highest Public shareholder

Davangere Sugar Company Limited (9.46%)

Individual Investors Holdings

31.91%

Financial

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  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
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        "suffix": " Growth in half year ended Sep 2024 is 13.73% vs -23.13% in Sep 2023",
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        "Sep'24",
        "Sep'23",
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          "field": "Interest",
          "val1": "15.72",
          "val2": "14.05",
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          "val1": "0.00",
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          "chgp_class": "neutral"
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "25.12%",
          "chgp": "3.24%",
          "chgp_class": "positive"
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      ]
    }
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    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 3.35% vs -20.26% in Dec 2023",
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        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.19% vs 65.52% in Dec 2023",
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        "Dec'24",
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "val2": "34.66",
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          "field": "Interest",
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "22.66%",
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Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ

Dec'24

Sep'24

Change(%)

Net Sales

73.18

39.33

86.07%

Operating Profit (PBDIT) excl Other Income

18.21

14.62

24.56%

Interest

8.16

10.24

-20.31%

Exceptional Items

0.00

Standalone Net Profit

6.77

1.29

424.81%

Operating Profit Margin (Excl OI)

24.88%

37.17%

-12.29%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2024 is 86.07% vs -13.69% in Sep 2024

Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 424.81% vs 37.23% in Sep 2024

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

84.90

74.65

13.73%

Operating Profit (PBDIT) excl Other Income

24.08

18.75

28.43%

Interest

15.72

14.05

11.89%

Exceptional Items

0.00

Standalone Net Profit

2.23

2.07

7.73%

Operating Profit Margin (Excl OI)

28.36%

25.12%

3.24%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2024 is 13.73% vs -23.13% in Sep 2023

Standalone Net Profit

Growth in half year ended Sep 2024 is 7.73% vs -11.54% in Sep 2023

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

158.08

152.96

3.35%

Operating Profit (PBDIT) excl Other Income

42.29

34.66

22.01%

Interest

23.88

20.69

15.42%

Exceptional Items

0.00

Standalone Net Profit

9.00

7.68

17.19%

Operating Profit Margin (Excl OI)

26.75%

22.66%

4.09%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2024 is 3.35% vs -20.26% in Dec 2023

Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 17.19% vs 65.52% in Dec 2023

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'24

Mar'24

Mar'23

Change(%)

Net Sales

216.53

279.94

-22.65%

Operating Profit (PBDIT) excl Other Income

45.33

55.72

-18.65%

Interest

25.35

27.13

-6.56%

Exceptional Items

0.00

Standalone Net Profit

12.24

13.22

-7.41%

Operating Profit Margin (Excl OI)

20.93%

19.90%

1.03%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2024 is -22.65% vs 125.34% in Mar 2023

Standalone Net Profit

YoY Growth in year ended Mar 2024 is -7.41% vs 132.75% in Mar 2023

All Annual Results

Company CV

About Davangere Sugar Company Ltd

Davangere Sugar Company Ltd

Micro Cap

Sugar

Davangere Sugar Company Ltd (DSCL) was incorporated in the year 1970 as Joint Sector Company by Karnataka Agro Industries Corporation Limited, Karnataka State Small Industries Development Corporation Limited, IDBI, ICICI, IFCI and local farmers with initial equity capital base of Rs 1.6 Crores. The Company is a prominent player in the sugar business, boasting a present capacity of 4750 TCD (Tonnes of Cane Crushed per Day) at its sugar plant.

Company Coordinates

No Company Details Available