Dwarikesh Sugar Industries Limited

NSE: DWARKESH · Unclassified

₹42.61-1.89%06 Nov 2026

Ask the data

Instant answers about Dwarikesh Sugar Industries Limited — computed from its filings, no language model

Market cap₹790 cr

Current price₹42.61

High / Low₹55 / ₹33

P/E23.2

P/B1.00

Book value₹42.5

ROE4.3%

ROCE7.5%

Debt / equity0.15

Dividend yield1.17%

EPS (TTM)₹1.83

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 18 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	338	573	574	568	852	858	722	799	1,214	1,458	1,084	1,336	1,839	1,974	2,103	1,710	1,359	1,402
EBITDA	90	113	74	40	101	61	47	112	271	142	129	136	201	291	215	205	113	87
Operating margin	26.5%	19.7%	12.8%	7.1%	11.8%	7.1%	6.5%	14.1%	22.3%	9.8%	11.9%	10.2%	10.9%	14.7%	10.2%	12.0%	8.4%	6.2%
Interest	66	47	53	68	77	63	50	52	42	25	21	33	48	32	26	20	19	15
Depreciation	35	32	33	33	33	33	31	31	30	32	33	37	41	44	50	52	49	37
Profit before tax	-10	35	-9	-48	0	-30	-33	39	212	102	111	72	120	219	153	144	52	43
Tax	-4	12	-3	-15	1	-11	-12	0	54	1	16	-2	28	63	48	60	29	12
Net profit	-6	23	-6	-34	-0	-20	-21	39	158	101	95	73	92	155	105	84	23	31
EPS ₹	—	—	—	—	—	—	—	—	—	5.39	5.05	3.90	4.86	8.24	5.57	4.44	1.26	1.66
Operating cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—	352	314	13	61	129
Capex	—	—	—	—	—	—	—	—	—	—	—	—	—	-0	99	51	12	7
Dividend paid	—	—	—	—	—	—	—	—	—	—	—	—	—	61	38	0	0	9
Total assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1,280	1,415	1,463	1,298
Equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	740	822	806	829

Quarterly performance

last 77 quarters · ₹ crore

showing latest 8 of 77 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	44	61	87	51	74	122	91	154	95	165	159	144	87	174	170	133	107	135	192	167	201	237	246	246	198	183	231	263	100	154	205	197	158	213	230	286	243	221	465	520	317	273	349	376	265	232	211	379	176	320	462	440	417	381	600	392	506	601	475	646	540	384	533	571	446	313	380	341	246	313	459	405	246	325	425	358	257
Operating profit	-2	-5	25	8	21	30	31	38	26	50	-1	28	-14	14	46	6	-0	-13	48	18	38	22	22	27	-13	-13	59	24	4	-6	24	-40	60	20	72	52	45	55	120	94	35	26	-12	45	20	11	53	36	18	26	56	50	46	23	82	59	75	55	102	77	28	26	86	77	29	26	73	2	-23	27	107	4	-41	38	87	-26	-15
Operating margin	-5.5%	-7.5%	28.5%	16.3%	28.1%	24.3%	33.9%	24.6%	27.4%	30.1%	-0.4%	19.5%	-16.2%	8.0%	27.0%	4.4%	-0.2%	-9.7%	24.9%	11.0%	18.8%	9.4%	9.0%	11.1%	-6.5%	-7.2%	25.7%	9.2%	4.5%	-3.7%	11.7%	-20.3%	38.0%	9.5%	31.3%	18.3%	18.5%	24.8%	25.7%	18.1%	11.0%	9.6%	-3.5%	11.9%	7.5%	4.8%	25.2%	9.6%	10.4%	8.0%	12.1%	11.4%	10.9%	6.1%	13.7%	14.9%	14.8%	9.2%	21.6%	11.8%	5.2%	6.9%	16.2%	13.5%	6.4%	8.3%	19.3%	0.7%	-9.4%	8.7%	23.3%	1.0%	-16.8%	11.6%	20.3%	-7.2%	-5.7%
Other income	0	0	0	0	0	0	1	0	0	0	1	1	0	2	0	1	6	3	2	0	0	10	0	1	2	1	0	0	0	1	0	8	0	0	-4	2	11	2	-5	2	2	8	5	1	1	32	3	2	1	1	1	0	1	4	1	1	1	1	1	2	2	8	2	0	3	6	2	1	2	4	0	0	2	3	1	2	6
Interest	5	5	12	15	16	16	18	16	11	9	11	13	13	11	16	17	16	15	20	24	20	17	16	21	17	12	14	13	11	11	16	16	12	9	14	15	11	7	10	11	4	3	7	7	2	3	9	10	7	5	10	15	13	10	10	14	9	4	5	11	6	6	6	6	4	4	7	6	3	3	8	5	2	1	6	3	1
Depreciation	3	3	8	9	9	9	8	8	8	8	8	8	8	8	8	8	8	9	8	8	8	9	8	8	8	8	8	8	8	8	8	8	9	8	6	7	7	8	7	7	8	9	8	8	8	8	9	8	8	10	10	10	10	10	10	10	11	11	12	11	13	13	13	13	13	14	13	12	12	12	12	12	12	12	-0	8	7
Profit before tax	-11	-13	4	-16	-4	5	6	14	7	33	-19	7	-35	-4	22	-18	-18	-33	21	-14	10	7	-2	-1	-35	-32	37	4	-14	-23	1	-56	40	3	53	32	37	42	100	78	25	22	-23	30	11	32	39	19	4	12	37	26	24	7	63	36	56	41	86	57	11	15	70	59	15	14	56	-15	-36	16	88	-13	-53	27	82	-34	-18
Tax	-8	0	-2	0	-2	0	-2	0	8	0	4	0	-8	0	5	0	-9	0	-5	0	1	0	-0	0	-12	0	2	0	0	0	-12	0	0	0	0	0	0	0	54	19	-5	1	-14	-1	2	8	6	-1	-1	7	-7	7	6	-0	15	9	17	12	26	17	3	4	23	18	5	4	33	-5	-12	5	41	-4	-20	11	24	-9	-4
Net profit	-4	-13	6	-16	-2	5	8	14	-1	33	-23	7	-27	-4	18	-18	-9	-33	27	-14	9	7	-2	-1	-23	-32	36	4	-14	-23	12	-56	40	3	53	32	37	42	47	59	30	21	-9	31	8	24	32	20	5	5	44	18	18	7	48	27	40	29	60	40	8	11	47	41	10	10	23	-10	-24	11	46	-9	-33	15	57	-26	-13
EPS ₹	-2.34	-8.59	3.98	-9.77	-1.35	2.80	4.68	8.75	-1.82	20.49	-14.15	4.46	-17.31	-2.23	10.75	-11.20	-6.33	-20.41	16.38	-8.30	4.46	4.12	-1.72	-0.98	-14.56	-19.76	21.40	1.75	-8.76	-14.83	7.18	-34.94	23.73	1.25	31.91	19.11	22.32	22.09	24.46	31.08	1.60	1.13	-0.49	1.63	0.43	1.27	1.72	2.12	0.25	0.24	2.35	0.96	0.94	0.40	2.56	1.44	2.10	1.53	3.17	2.11	0.42	0.56	2.48	2.16	0.55	0.52	1.22	-0.52	-1.29	0.58	2.50	-0.51	-1.76	0.83	3.10	-1.39	-0.71
Revenue YoY	—	—	—	—	68.4%	98.9%	5.2%	203.1%	28.4%	35.1%	74.9%	-6.6%	-8.1%	5.3%	6.5%	-7.1%	23.0%	-22.1%	13.1%	25.0%	88.2%	75.2%	28.3%	47.3%	-1.6%	-22.7%	-6.2%	7.1%	-49.8%	-16.1%	-11.1%	-25.1%	58.7%	38.4%	12.3%	45.1%	53.7%	3.6%	101.7%	81.5%	30.4%	23.7%	-24.9%	-27.6%	-16.4%	-15.0%	-39.5%	0.7%	-33.5%	37.7%	118.6%	16.2%	137.3%	19.3%	29.9%	-10.9%	21.1%	57.8%	-20.8%	64.8%	6.8%	-36.2%	12.1%	-11.6%	-17.5%	-18.5%	-28.7%	-40.3%	-44.8%	-0.1%	20.8%	18.8%	-0.1%	4.0%	-7.3%	-11.7%	4.3%
Profit YoY	—	—	—	—	—	—	19.7%	—	—	631.7%	-402.1%	-49.0%	—	-110.9%	—	-351.0%	—	—	52.3%	—	—	—	-108.2%	—	-361.0%	-568.9%	—	—	—	—	-64.9%	-1665.5%	—	—	322.6%	—	-5.4%	1391.2%	-11.4%	85.6%	-19.5%	-49.7%	-119.7%	-48.1%	-73.1%	12.3%	—	-35.2%	-41.5%	-81.1%	36.8%	-9.2%	275.1%	64.9%	8.9%	49.7%	123.4%	286.6%	23.6%	46.5%	-80.2%	-63.6%	-21.6%	2.3%	30.9%	-6.7%	-51.0%	-124.0%	-333.9%	9.4%	102.4%	—	—	43.9%	23.9%	—	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 74 periods

	JUN '08	SEP '08	DEC '08	MAR '09	JUN '09	SEP '09	DEC '09	MAR '10	JUN '10	SEP '10	DEC '10	MAR '11	JUN '11	SEP '11	DEC '11	MAR '12	JUN '12	SEP '12	DEC '12	MAR '13	JUN '13	SEP '13	DEC '13	MAR '14	JUN '14	SEP '14	DEC '14	MAR '15	JUN '15	SEP '15	DEC '15	MAR '16	JUN '16	SEP '16	DEC '16	MAR '17	JUN '17	SEP '17	DEC '17	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18.9%	16.3%	14.2%	14.3%	13.7%	13.6%	10.2%	4.0%	-0.1%	-0.0%	2.9%	2.9%	2.0%	2.6%	3.7%	1.7%	4.3%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	21.5%	19.2%	16.4%	16.1%	17.1%	16.8%	12.9%	7.1%	4.0%	4.0%	5.4%	5.6%	5.9%	7.0%	4.9%	2.9%	7.5%
Net margin	-10.9%	-9.1%	-2.1%	-1.7%	5.6%	5.4%	10.7%	4.1%	2.9%	-1.6%	-8.2%	-1.0%	-5.5%	-2.3%	-7.8%	-5.9%	-4.8%	-1.6%	3.6%	-0.0%	1.3%	-2.1%	-6.6%	-2.3%	-1.7%	-0.7%	0.3%	-2.9%	-12.3%	-3.9%	-0.2%	4.9%	14.3%	12.8%	16.8%	13.0%	12.8%	11.7%	10.0%	7.0%	5.5%	4.0%	4.4%	8.8%	7.8%	8.1%	5.7%	5.5%	5.1%	5.2%	5.1%	5.0%	5.6%	6.5%	6.9%	7.9%	7.5%	6.0%	5.8%	5.0%	5.2%	5.6%	5.8%	4.9%	2.2%	-0.1%	-0.0%	1.7%	1.7%	1.1%	1.4%	2.2%	1.1%	2.5%
EBITDA margin	10.7%	18.0%	25.0%	26.5%	27.0%	26.9%	28.6%	19.7%	18.3%	11.4%	4.8%	12.8%	9.1%	11.2%	7.0%	7.1%	8.8%	13.1%	15.8%	11.8%	11.8%	6.3%	2.7%	7.1%	6.6%	9.6%	11.0%	6.5%	-2.6%	5.4%	8.3%	14.1%	23.1%	19.5%	22.9%	22.3%	21.6%	19.9%	17.4%	9.8%	7.1%	6.2%	5.2%	11.9%	11.1%	11.9%	12.3%	10.2%	10.7%	10.8%	10.3%	10.9%	11.7%	12.7%	12.9%	14.7%	13.9%	11.6%	11.4%	10.4%	10.8%	11.3%	11.7%	12.0%	8.8%	6.1%	6.2%	8.4%	8.1%	6.8%	7.5%	6.2%	4.2%	6.1%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.43	0.43	0.50	0.50	0.33	0.33	0.55	0.55	0.29	0.29	0.62	0.62	0.23	0.23	0.40	0.40	0.15
Interest coverage	0.07	0.41	0.81	0.85	1.31	1.51	2.12	1.74	1.63	0.71	-0.03	0.84	0.40	0.71	0.25	0.29	0.41	0.80	1.30	1.01	1.18	0.55	-0.08	0.52	0.53	0.92	1.08	0.35	-0.74	0.28	0.76	1.76	3.56	3.58	4.61	6.06	7.83	8.88	9.11	5.10	3.50	3.01	3.52	6.22	5.13	4.16	3.31	3.17	3.06	3.27	2.96	3.51	3.81	4.86	6.40	7.91	9.28	8.34	6.89	6.24	7.57	8.58	9.22	8.15	4.46	1.98	2.16	3.83	3.97	3.15	3.98	3.88	2.71	5.86
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.00	1.81	1.64	1.58	1.69	1.63	1.21	1.05	1.22	1.22	0.93	0.97	1.38	1.40	1.08	1.04	1.35

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	19	19	19	19	19	19	19	19	19
Other equity / reserves	702	721	772	803	731	788	736	810	770
Total equity	721	740	791	822	749	806	755	829	788
Borrowings	307	371	262	451	219	503	171	334	117
Current liabilities	125	298	138	383	136	477	135	326	113
Non-current liabilities	284	242	214	211	164	180	139	143	113
Total assets	1,130	1,280	1,143	1,415	1,050	1,463	1,028	1,298	1,014
Property, plant & equipment	576	579	579	578	559	543	521	526	515
Capital work-in-progress	4	0	18	0	6	0	4	0	2
Investments	0	0	0	1	1	1	1	1	1
Inventories	103	561	159	741	242	751	193	678	128
Receivables	17	72	26	36	0	62	1	50	3
Cash & equivalents	390	1	336	1	214	82	284	13	54

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	352	314	13	61	129
Cash from investing	-175	-92	-41	-7	-4
Cash from financing	-178	-222	27	27	-194
Capex	-0	99	51	12	7
Free cash flow	353	215	-37	48	122
Dividends paid	61	38	0	0	9

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹515 cr51%

CWIP

₹2 cr0%

Investments

₹1 cr0%

Inventories

₹128 cr13%

Receivables

₹3 cr0%

Cash & equivalents

₹54 cr5%

Other assets

₹312 cr31%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Dwarikesh Sugar Industries Limited	790	42.61	23.2	1.00	4.3%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-9.0%

6 months-12.3%

1 year-7.4%

3Y CAGR-22.8%

5Y CAGR-10.7%

10Y CAGR+5.2%

50-day avg₹44.87

200-day avg₹42.63

RSI (14)39

FAQs

What is the share price of Dwarikesh Sugar Industries Limited?

Dwarikesh Sugar Industries Limited (DWARKESH) closed at ₹42.61 on NSE on 06 Nov 2026.

What is the market cap of Dwarikesh Sugar Industries Limited?

₹790 crore at the latest close.

What is the P/E ratio of Dwarikesh Sugar Industries Limited?

23.2, on trailing-twelve-month earnings from its filings.

How fast is Dwarikesh Sugar Industries Limited growing?

Dwarikesh Sugar Industries Limited: revenue has compounded at -12.6% a year over three years; net profit at -33.5% a year. Latest-quarter revenue is up 4.3% year on year.

How profitable is Dwarikesh Sugar Industries Limited?

On a trailing-twelve-month basis return on equity is 4.3%, return on capital employed 7.5%, operating margin 6.1%, net margin 2.5%.

How much debt does Dwarikesh Sugar Industries Limited have?

Dwarikesh Sugar Industries Limited is lightly geared: debt to equity is 0.15 with borrowings of ₹117 cr against cash of ₹54 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.9 times.

Financials parsed from Dwarikesh Sugar Industries Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from SEP '07, annual from FY09, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). † = the company's standalone results as published on BSE, used for quarters before MAR '18 (full years marked † are summed from them); cross-checked against the NSE filings where both exist. Information only, not investment advice.