Davangere Sugar Company LimitedDAVANGERECorporate

Sugar Latest results: Jun 2026 15 quarters of data
₹2.06
MCap ₹349 Cr · P/E 42.9
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹35 Cr
Sales · Jun 2026
+44.2% YoY
₹11 Cr
Operating Profit · Jun 2026
-2.0% YoY
32.1%
OPM % · Jun 2026
-32.1% YoY
₹1 Cr
Net Profit · Jun 2026
-28.0% YoY
₹0.01
EPS · Jun 2026
-95.0% YoY

📝 Davangere Sugar Company Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Davangere Sugar Company Limited reported revenue of ₹35 crore for the quarter ended June 2026 (Q1 FY27), up 44.2% from ₹24 crore in the same quarter last year, and down 58.6% sequentially over the March 2026 quarter.

Net profit fell 28.0% year-on-year to ₹1 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹0.01.

Operating profit stood at ₹11 crore — an operating margin (OPM) of 32.1%, compared with 47.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Davangere Sugar Company Limited posted revenue of ₹239 crore, a growth of 11.1% over FY25, with a net profit of ₹9 crore (down 22.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹249 crore with a net profit of ₹8 crore.

Valuation snapshot

At the current price of ₹2.06, DAVANGERE has a market capitalisation of ₹349 crore and a trailing P/E of about 42.9.

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 ?
42.91above ind
Industry P/E ?
18.30
P/B ?
0.69
P/S ?
1.40
P/FCF ?
-7.43
Enterprise Value ?
₹599 Cr
EV/EBITDA ?
12.39
PEG ?
N/A
Earnings Yield ?
6.0%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹249 Cr
OPM ?
19.4%
Profit after tax (TTM) ?
₹8 Cr
EPS (TTM) ?
₹0.05
ROCE ?
6.0%
ROE ?
1.6%
ROA ?
1.0%
Growth
Sales — latest qtr ?
₹35 Cr
PAT — latest qtr ?
₹1 Cr
YoY qtr sales growth ?
44.2%
YoY qtr profit growth ?
-28.0%
Sales growth (3y) ?
-5%
Sales growth (5y) ?
11%
Profit growth (3y) ?
-14%
Profit growth (5y) ?
28%
Financial Health
Debt ?
₹250 Cr
Debt to Equity ?
0.50
Interest Coverage ?
1.3
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 (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 938848277864463973572448838435 +44.2% -58.6%
Operating Profit 151871116119151810111513811 -2.0% +32.2%
Other Income 2-14012000101110 +5.4% -27.2%
Interest 9377755108479657 +3.4% +58.7%
Depreciation 523333333433333 +0.1% -0.1%
Profit Before Tax 3111275127223511 -25.7% -8.5%
Net Profit 291165117213321 -28.0% -51.9%
EPS 0.240.060.120.100.600.030.100.140.720.200.140.180.010.010.01 -95.0% -30.0%
OPM % 16.4% 20.9% 15.2% 42.7% 20.3% 16.8% 20.8% 37.2% 24.9% 17.0% 47.3% 31.9% 16.2% 10.1% 32.1% -32.1% +217.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹215 Cr ₹239 Cr ₹249 Cr +11.1%
Operating Profit ₹52 Cr ₹49 Cr ₹48 Cr -6.5%
OPM % 24.18% 20.36% 19.39% -15.8%
NPM % 5.09% 3.56% 3.26% -30.1%
Other Income ₹2 Cr ₹2 Cr ₹2 Cr +31.6%
Depreciation ₹13 Cr ₹13 Cr ₹13 Cr +0.1%
Interest ₹28 Cr ₹27 Cr ₹27 Cr -3.4%
EBIT ₹39 Cr ₹36 Cr ₹36 Cr -8.6%
PBT ₹13 Cr ₹11 Cr ₹11 Cr -14.6%
Tax ₹2 Cr ₹3 Cr ₹3 Cr +57.4%
Net Profit ₹11 Cr ₹9 Cr ₹8 Cr -22.2%
EPS ₹1.16 ₹0.34 ₹0.21 -70.7%
Material Cost ₹133 Cr ₹103 Cr ₹105 Cr -22.5%
Employee Cost ₹8 Cr ₹6 Cr ₹6 Cr -29.3%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 949494143 +52.1%
Reserves 218246256362 +41.4%
Borrowings 245264271250 -7.7%
Other Liabilities 407812284 -31.1%
Total Liabilities 597682743839 +12.9%
Fixed Assets 350359349337 -3.4%
CWIP 0000 —
Investments 4555 +0.0%
Other Assets 243318389497 +27.8%
Total Assets 597682743839 +12.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 812-5-47 -840.0%
Cash from Investing Activity -20-23-3-1 +66.7%
Cash from Financing Activity -6519851 +537.5%
Net Cash Flow -5-1-03 —
Free Cash Flow 61-20-8-47 -487.5%
CFO/OP 145%5%-9%-97% -977.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 28314954 +10.2%
Inventory Days 174320409530 +29.6%
Days Payable 29578040 -50.0%
Cash Conversion Cycle 172293378544 +43.9%
Working Capital Days 81118182348 +91.2%
ROCE % 8%7%7%6% -14.3%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 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 1,63,6601,77,1541,77,8051,71,7791,75,8361,76,276 +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 FY27?
Davangere Sugar Company Limited reported revenue of ₹35 crore for the quarter ended June 2026 (Q1 FY27), up 44.2% from ₹24 crore in the same quarter last year, and down 58.6% sequentially over the March 2026 quarter.
What was Davangere Sugar Company Limited's net profit in Q1 FY27?
Net profit fell 28.0% year-on-year to ₹1 crore, from ₹1 crore. Earnings per share (EPS) came in at ₹0.01.
What is DAVANGERE's market capitalisation and P/E ratio?
At the current price of ₹2.06, DAVANGERE has a market capitalisation of ₹349 crore and a trailing P/E of about 42.9.
Who owns Davangere Sugar Company Limited? (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.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI