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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

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Balrampur Chini
Mawana Sugars
KM Sugar Mills
EID Parry
Ponni Sug.Erode
Triven.Engg.Ind.
Piccadily Agro
Davangere Sugar
Kothari Sugars
Sakthi Sugars
Sh.Renuka Sugar
Why is Davangere Sugar Company Ltd ?
1
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
2
Stock is technically in a Bearish range
  • The technical trend has deteriorated from Mildly Bearish on 06-Mar-25 and has generated -25% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band, KST and OBV
3
Underperformed the market in the last 1 year
  • Even though the market (BSE 500) generated negative returns of -0.91% in the last 1 year, its fall in the stock was much higher with a return of -58.32%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Sugar)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Davangere Sugar for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Davangere Sugar
-58.09%
-1.28
45.60%
SENSEX
0.45%
0.04
14.48%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

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)
0
Sales to Capital Employed (avg)
0.38
Tax Ratio
10.91%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
5.87%
ROE (avg)
3.30%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
24
Industry P/E
20
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
NA
Dividend Yield
NA
ROCE (Latest)
6.24%
ROE (Latest)
3.96%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bearish
Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company
PAT(Q)

At Rs 6.77 cr has Grown at 118.6 %

NET SALES(Q)

At Rs 73.18 cr has Grown at 29.1 %

PBDIT(Q)

Highest at Rs 18.21 cr.

PBT LESS OI(Q)

Highest at Rs 7.05 cr.

EPS(Q)

Highest at Rs 0.07

-6What is not working for the Company
INTEREST(HY)

At Rs 18.40 cr has Grown at 81.64 %

Loading Valuation Snapshot...
Here's what is working for Davangere Sugar
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 7.05 cr has Grown at 146.1 %
over average PBT of the previous four quarters of Rs 2.87 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 6.77 cr has Grown at 118.6 %
over average PAT of the previous four quarters of Rs 3.10 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
At Rs 73.18 cr has Grown at 29.1 %
over average Net Sales of the previous four quarters of Rs 56.70 Cr
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 18.21 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 7.05 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 6.77 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 0.07
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Davangere Sugar
Interest - Half Yearly
At Rs 18.40 cr has Grown at 81.64 %
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)