Davangere Sugar Company LimitedDAVANGERECorporate

Sugar Latest results: Jun 2024 2 quarters of data

₹2.06

MCap ₹349 Cr

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🏭 FMCG sector

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₹46 Cr

Sales · Jun 2024

₹9 Cr

Operating Profit · Jun 2024

20.8%

OPM % · Jun 2024

₹1 Cr

Net Profit · Jun 2024

₹0.10

EPS · Jun 2024

📝 Davangere Sugar Company Limited — results explained

Quarter ended June 2024 (Q1 FY25)

Davangere Sugar Company Limited reported revenue of ₹46 crore for the quarter ended June 2024 (Q1 FY25).

Net profit stood at ₹1 crore. Earnings per share (EPS) came in at ₹0.10.

Operating profit stood at ₹9 crore — an operating margin (OPM) of 20.8%.

Valuation snapshot

At the current price of ₹2.06, DAVANGERE has a market capitalisation of ₹349 crore.

Within the Sugar industry, it is the 17th-largest of the 40 companies we track by market value.

Shareholding pattern

As of Aug 2026, promoters held 35.10%, foreign institutional investors (FIIs) 15.88%, public shareholders 49.02% of Davangere Sugar Company Limited.

Promoter holding slipped from 41.63% to 35.10% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹349 Cr

Current Price ?

₹2.1

P/E ?

N/A

Industry P/E ?

18.30

P/B ?

0.69

P/S ?

N/A

P/FCF ?

-7.43

Enterprise Value ?

₹599 Cr

EV/EBITDA ?

N/A

PEG ?

N/A

Earnings Yield ?

N/A

Dividend Yield ?

N/A

Profitability & Returns

Sales (TTM) ?

N/A

OPM ?

N/A

Profit after tax (TTM) ?

N/A

EPS (TTM) ?

N/A

ROCE ?

6.0%

ROE ?

N/A

ROA ?

N/A

Growth

Sales — latest qtr ?

₹46 Cr

PAT — latest qtr ?

₹1 Cr

YoY qtr sales growth ?

N/A

YoY qtr profit growth ?

N/A

Sales growth (3y) ?

N/A

Sales growth (5y) ?

N/A

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹250 Cr

Debt to Equity ?

0.50

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

35.10%

Change in promoter holding ?

-12.77%

Pledged percentage ?

N/A

Market

Return 3 months ?

-41.0%

Return 6 months ?

-44.0%

🗓️ Quarterly results (2 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2023	Jun 2024	YoY %	QoQ %
Sales	88	46	—	—
Operating Profit	18	9	—	—
Other Income	-1	0	—	—
Interest	3	5	—	—
Depreciation	2	3	—	—
Profit Before Tax	11	1	—	—
Net Profit	9	1	—	—
EPS	0.91	0.10	—	—
OPM %	20.9%	20.8%	—	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	94	94	94	143	+52.1%
Reserves	218	246	256	362	+41.4%
Borrowings	245	264	271	250	-7.7%
Other Liabilities	40	78	122	84	-31.1%
Total Liabilities	597	682	743	839	+12.9%
Fixed Assets	350	359	349	337	-3.4%
CWIP	0	0	0	0	—
Investments	4	5	5	5	+0.0%
Other Assets	243	318	389	497	+27.8%
Total Assets	597	682	743	839	+12.9%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	81	2	-5	-47	-840.0%
Cash from Investing Activity	-20	-23	-3	-1	+66.7%
Cash from Financing Activity	-65	19	8	51	+537.5%
Net Cash Flow	-5	-1	-0	3	—
Free Cash Flow	61	-20	-8	-47	-487.5%
CFO/OP	145%	5%	-9%	-97%	-977.8%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	28	31	49	54	+10.2%
Inventory Days	174	320	409	530	+29.6%
Days Payable	29	57	80	40	-50.0%
Cash Conversion Cycle	172	293	378	544	+43.9%
Working Capital Days	81	118	182	348	+91.2%
ROCE %	8%	7%	7%	6%	-14.3%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Aug 2026	% Chg
Promoters	47.87%	41.64%	41.78%	41.78%	41.63%	35.10%	-15.7%
FIIs	0.01%	0.00%	6.99%	6.99%	—	15.88%	—
Public	52.11%	58.36%	51.22%	51.23%	58.35%	49.02%	-16.0%
No. of Shareholders	1,63,660	1,77,154	1,77,805	1,71,779	1,75,836	1,76,276	+0.3%
DIIs	—	—	—	—	0.02%	—	—

⚖️ Peer comparison

Industry: Sugar · top 25 of 40 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	BALRAMCHIN Balrampur Chini	₹688.85	14,576	37.5	6,366	371	11.3%	5.8%	15.8%	-13.4%	6.1%	-14.4%
2	TRIVENI Triveni Engineering	₹239.45	5,277	18.5	7,154	282	7.6%	3.9%	7.5%	13.5%	-18.3%	-4.6%
3	BAJAJHIND Bajaj Hindusthan	₹20.46	4,888	141.9	5,333	116	5.1%	2.2%	-2.2%	614.5%	-9.8%	-6.1%
4	RENUKA Shree Renuka	₹21.77	4,634	—	9,365	-780	0.3%	-8.3%	-15.0%	-164.2%	5.5%	4.6%
5	BANARISUG Bannari Amman	₹3,452.20	4,329	35.6	1,670	122	9.4%	7.3%	6.9%	42.3%	-58.8%	-172.8%
6	DALMIASUG Dalmia Bharat	₹393.10	3,182	15.1	3,526	204	10.7%	5.8%	-3.0%	-38.8%	-9.9%	-82.4%
7	AVADHSUGAR Avadh Sugar	₹753.70	1,509	22.9	2,756	66	8.3%	2.4%	2.2%	-34.8%	8.7%	102.9%
8	GODAVARIB Godavari Biorefineries	₹236.94	1,213	—	2,013	-0	6.0%	-0.0%	6.3%	114.0%	4.7%	-20.7%
9	UTTAMSUGAR Uttam Sugar	₹281.00	1,072	12.8	2,094	84	9.4%	4.0%	17.7%	8.2%	-2.7%	-94.7%
10	DHAMPURSUG Dhampur Sugar	₹152.74	982	14.0	2,232	71	8.2%	3.2%	0.6%	24.2%	50.9%	569.2%
11	DWARKESH Dwarikesh Sugar	₹43.97	815	61.3	1,354	13	4.3%	1.0%	3.1%	30.4%	-11.6%	-185.9%
12	ZUARIIND ZUARI INDUSTRIES	₹263.00	783	0.6	1,100	106	4.3%	9.6%	7.8%	211.1%	21.2%	110.7%
13	DBOL Dhampur Bio	₹113.41	746	8.9	2,503	84	5.6%	3.3%	13.4%	75.0%	74.6%	289.9%
14	MAGADSUGAR Magadh Sugar	₹490.90	692	13.5	1,221	51	10.5%	4.2%	-5.9%	-41.5%	-6.8%	-5593.8%
15	UGARSUGAR Ugar Sugar	₹53.50	602	n/m	1,405	1	-0.3%	0.1%	-30.4%	-96.2%	83.5%	-31.4%
16	MAWANASUG Mawana Sugars	₹125.85	492	17.9	1,586	28	5.6%	1.7%	8.6%	-65.9%	3.8%	-70.5%
17	DAVANGERE Davangere Sugar	₹2.14	363	51.3	249	8	19.4%	3.3%	11.1%	-22.2%	44.2%	-28.0%
18	DCMSRIND DCM Shriram	₹38.68	336	10.3	1,161	33	6.7%	2.8%	-13.5%	-20.1%	-41.1%	-91.3%
19	KCPSUGIND KCP Sugar	₹29.37	336	8.7	279	38	1.3%	13.8%	-16.2%	-21.3%	31.4%	141.5%
20	PONNIERODE Ponni Sugars	₹379.20	326	6.6	447	50	9.4%	11.1%	14.6%	145.8%	53.1%	59.0%
21	532102 SBEC Sugar	₹66.99	305	5.9	528	54	3.0%	10.3%	-12.9%	205.6%	-17.5%	135.2%
22	MVKAGRO M.V.K. Agro	₹57.15	289	6.6	292	44	17.0%	15.1%	—	—	-16.7%	-40.1%
23	KMSUGAR K.M.Sugar Mills	₹28.62	263	5.5	640	48	12.0%	7.5%	-0.9%	50.3%	-8.8%	-40.4%
24	RANASUG Rana Sugars	₹14.82	228	36.5	1,677	6	1.4%	0.4%	1.8%	-40.8%	-12.5%	-715.7%
25	KOTARISUG Kothari Sugars	₹26.45	219	33.1	247	7	-5.3%	2.7%	-20.4%	-36.6%	16.4%	191.3%

❓ Frequently asked questions

What was Davangere Sugar Company Limited's revenue in Q1 FY25?