DWARKESH - Dwarikesh Sugar Industries Ltd. Share Price

Agricultural Food & otherProducts

₹38.06-0.96(-2.46%)

Market Closed as of Dec 17, 2025, 15:24 IST

Valuation
Market Cap	723.04 Cr
Price/Earnings (Trailing)	48.17
Price/Sales (Trailing)	0.51
EV/EBITDA	5.89
Price/Free Cashflow	16.88
MarketCap/EBT	19.27
Enterprise Value	610.47 Cr

Fundamentals
Revenue (TTM)	1.43 kCr
Rev. Growth (Yr)	0.10%
Earnings (TTM)	15.05 Cr
Earnings Growth (Yr)	-36%

Profitability
Operating Margin	3%
EBT Margin	3%
Return on Equity	1.99%
Return on Assets	1.46%
Free Cashflow Yield	5.92%

Price to Sales Ratio

Latest reported: 0.5

Revenue (Last 12 mths)

Latest reported: 1.4 kCr

Net Income (Last 12 mths)

Latest reported: 15.1 Cr

Growth & Returns
Price Change 1W	4%
Price Change 1M	-6.7%
Price Change 6M	-14.9%
Price Change 1Y	-36.7%
3Y Cumulative Return	-27.4%
5Y Cumulative Return	3.6%
7Y Cumulative Return	8.2%
10Y Cumulative Return	15.9%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-6.55 Cr
Cash Flow from Operations (TTM)	60.68 Cr
Cash Flow from Financing (TTM)	27.33 Cr
Cash & Equivalents	283.79 Cr
Free Cash Flow (TTM)	48.26 Cr
Free Cash Flow/Share (TTM)	2.6

Balance Sheet
Total Assets	1.03 kCr
Total Liabilities	273.33 Cr
Shareholder Equity	754.89 Cr
Current Assets	492.54 Cr
Current Liabilities	134.71 Cr
Net PPE	520.87 Cr
Inventory	193.14 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.17
Debt/Equity	0.23
Interest Coverage	1.15
Interest/Cashflow Ops	4.31

Dividend & Shareholder Returns
Dividend/Share (TTM)	0.5
Dividend Yield	1.28%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	-1.6%

Pros

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Technicals: Bullish SharesGuru indicator.

Cons

Smart Money: Smart money is losing interest in the stock.

Size: It is a small market cap company and can be volatile.

Past Returns: Underperforming stock! In past three years, the stock has provided -27.4% return compared to 12.3% by NIFTY 50.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	1.28%
Dividend/Share (TTM)	0.5
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	0.81

Financial Health
Current Ratio	3.66
Debt/Equity	0.23

Technical Indicators
RSI (14d)	40.66
RSI (5d)	62.97
RSI (21d)	41.08
MACD Signal	Buy
Stochastic Oscillator Signal	Hold
Grufity Signal	Buy
RSI Signal	Hold
RSI5 Signal	Hold
RSI21 Signal	Hold
SMA 5 Signal	Sell
SMA 10 Signal	Buy
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Earnings Outlook

Last updated:

Q&A Session

Last updated:

No revenue data available.

Share Holdings

Understand Dwarikesh Sugar Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
GAUTAM RADHESHYAM MORARKA	15.17%
DWARIKESH TRADING COMPANY LTD	13.94%
MORARKA FINANCE LTD	11.47%
PRANAY GAUTAM MORARKA	0.66%
SMRITI GAUTAM MORARKA	0.53%
PRIYANKA GAUTAM MORARKA	0.27%
GAUTAM R MORARKA HUF	0.03%
MORARKA INVESTMENTS PRIVATE LIMITED	0.02%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BALRAMCHIN	Balrampur Chini Mills	8.96 kCr	5.94 kCr	-4.70%	-24.60%	22.11	1.51	-	-
TRIVENI	Triveni Engineering & Industries	8.17 kCr	7.57 kCr	+2.20%	-17.90%	31.93	1.08	-	-
RENUKA	Shree Renuka Sugars	5.62 kCr	9.87 kCr	-6.50%	-37.20%	-7.54	0.57	-	-

Category	DWARKESH	Agricultural
PE	48.17	48.97
PS	0.51	0.75
Growth	10.8 %	1.2 %

Key Insights

1. DWARKESH is NOT among the Top 10 largest companies in Sugar.
2. The company holds a market share of 2.3% in Sugar.
3. In last one year, the company has had an above average growth that other Sugar companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	-20.5%	1,359	1,710	2,103	1,974	1,839	1,336
Other Income	-50.5%	6.44	12	14	3.16	7.1	5.4
Total Income	-20.7%	1,365	1,721	2,117	1,977	1,846	1,342
Cost of Materials	-27.6%	1,032	1,426	1,424	1,372	1,367	1,116
Purchases of stock-in-trade	-30.5%	7.95	11	8.97	0	0	0
Employee Expense	-7.6%	110	119	118	96	93	79
Finance costs	-5.3%	19	20	26	32	48	33
Depreciation and Amortization	-5.9%	49	52	50	44	41	37
Other expenses	-19.8%	102	127	136	112	114	92
Total Expenses	-16.8%	1,313	1,577	1,964	1,759	1,726	1,270
Profit Before exceptional items and Tax	-64.3%	52	144	153	219	120	72
Total profit before tax	-64.3%	52	144	153	219	120	72
Current tax	-64.2%	9.6	25	27	39	21	13
Deferred tax	-44.1%	20	35	21	25	7.15	-14.47
Total tax	-52.5%	29	60	48	63	28	-1.88
Total profit (loss) for period	-73.5%	23	84	105	155	92	73
Other comp. income net of taxes	25%	-0.44	-0.92	-0.64	0.36	3.67	-7.94
Total Comprehensive Income	-73.2%	23	83	104	156	95	66
Earnings Per Share, Basic	-92.4%	1.26	4.44	5.57	8.24	4.86	3.9
Earnings Per Share, Diluted	-92.4%	1.26	4.44	5.57	8.24	4.86	3.9
Debt equity ratio	-	-	055	05	077	-	-
Debt service coverage ratio	-	-	0.0182	0.0256	0.0343	-	-
Interest service coverage ratio	-	-	0.0776	-	0.0714	-	-

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-39.4%	246	405	459	313	246	341
Other Income	360%	2.3	0.5	0.22	3.68	1.94	0.6
Total Income	-39%	248	406	459	316	248	342
Cost of Materials	-102.6%	0.49	21	573	456	0.68	2.24
Purchases of stock-in-trade	-110.4%	0.56	5.23	2.19	0.19	-0.65	6.23
Employee Expense	4.2%	26	25	28	33	25	24
Finance costs	-82.9%	1.75	5.39	7.68	2.62	2.65	5.58
Depreciation and Amortization	0%	12	12	12	12	12	12
Other expenses	-3.8%	26	27	27	25	25	25
Total Expenses	-28.2%	301	419	371	301	284	357
Profit Before exceptional items and Tax	-284.5%	-52.94	-13.03	88	16	-36.04	-14.99
Total profit before tax	-284.5%	-52.94	-13.03	88	16	-36.04	-14.99
Current tax	-	0	0	9.59	0	0	0
Deferred tax	-358.5%	-20.32	-3.65	32	5.13	-12.05	-5.26
Total tax	-358.5%	-20.32	-3.65	41	5.13	-12.05	-5.26
Total profit (loss) for period	-223.9%	-32.62	-9.38	46	11	-24	-9.73
Other comp. income net of taxes	-	0	0	-0.44	0	0	0
Total Comprehensive Income	-223.9%	-32.62	-9.38	46	11	-24	-9.73
Earnings Per Share, Basic	-82.8%	-1.76	-0.51	2.5	0.58	-1.29	-0.52
Earnings Per Share, Diluted	-82.8%	-1.76	-0.51	2.5	0.58	-1.29	-0.52
Debt equity ratio	-	-	-	-	0	-	-
Debt service coverage ratio	-	-	-	-	0	-	-
Interest service coverage ratio	-	-	-	-	0	-	-

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	249.4%	284	82	214	0.57	336	0.67
Current investments	1.3%	0.24	0.23	0.25	0.21	0	0
Loans, current	-	0	0	0	0	0	0
Total current financial assets	100.7%	290	145	218	70	368	112
Inventories	-74.4%	193	751	242	741	159	561
Current tax assets	-	0.69	0	0.59	0	0	0
Total current assets	-45.6%	493	906	475	825	540	686
Property, plant and equipment	-4.1%	521	543	559	578	579	579
Capital work-in-progress	-	3.61	0	5.96	0.4	18	0
Non-current investments	0%	0.32	0.32	0.34	0.34	0.42	0
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	-67.4%	1.47	2.44	1.82	3	1.84	3.45
Total non-current assets	-3.8%	536	557	575	590	603	594
Total assets	-29.8%	1,028	1,463	1,050	1,415	1,143	1,280
Borrowings, non-current	-20.7%	74	93	117	147	177	214
Total non-current financial liabilities	-20%	77	96	121	151	182	217
Provisions, non-current	6.7%	33	31	29	28	25	25
Total non-current liabilities	-22.9%	139	180	164	211	214	242
Borrowings, current	-76.6%	97	411	102	303	84	157
Total current financial liabilities	-73.2%	124	460	129	369	126	283
Provisions, current	-2.5%	6.42	6.56	5.49	5.47	4.72	4.95
Current tax liabilities	-240.8%	0	1.71	0	4.34	3.8	4.17
Total current liabilities	-71.8%	135	477	136	383	138	298
Total liabilities	-58.5%	273	657	301	593	352	540
Equity share capital	0%	19	19	19	19	19	19
Total equity	-6.3%	755	806	749	822	791	740
Total equity and liabilities	-29.8%	1,028	1,463	1,050	1,415	1,143	1,280

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-5.3%	19	20	26	32	-	-
Change in inventories	94.1%	-9.75	-180.22	197	98	-	-
Depreciation	-5.9%	49	52	50	44	-	-
Impairment loss / reversal	203.2%	1.65	0.37	0	0	-	-
Adjustments for interest income	-58.3%	4.61	9.66	0	2.46	-	-
Net Cashflows from Operations	89.5%	73	39	343	389	-	-
Income taxes paid (refund)	-54.2%	12	25	29	37	-	-
Net Cashflows From Operating Activities	400%	61	13	314	352	-	-
Proceeds from sales of PPE	-15.2%	0.09	0.21	0.78	0	-	-
Purchase of property, plant and equipment	-78%	12	51	99	-0.16	-	-
Proceeds from sales of investment property	-	0	0	0	-175.34	-	-
Purchase of investment property	-23.5%	0	0.19	0	0	-	-
Interest received	-58.1%	4.64	9.68	8.74	0.53	-	-
Other inflows (outflows) of cash	123.7%	1.14	0.41	-2.35	0	-	-
Net Cashflows From Investing Activities	81.9%	-6.55	-40.67	-91.51	-174.65	-	-
Payments to acquire or redeem entity's shares	-78.1%	7.78	32	0	0	-	-
Proceeds from borrowings	-19%	120	148	81	-85.01	-	-
Repayments of borrowings	-2.9%	67	69	233	0	-	-
Payments of lease liabilities	-238.9%	0	1.72	1.84	0	-	-
Dividends paid	-	0	0	38	61	-	-
Interest paid	-11.8%	16	18	31	31	-	-
Other inflows (outflows) of cash	-	-1.58	0	0	0	-	-
Net Cashflows from Financing Activities	0%	27	27	-221.92	-177.72	-	-
Net change in cash and cash eq.	7372.7%	81	-0.1	0.44	0.08	-	-

Dwarikesh Sugar Industries Limited engages in the manufacture and sale of sugar and ethanol in India and internationally. It is also involved in the co-generation of power; manufacture of industrial alcohol and ethanol; and production of hand sanitizers. The company was formerly known as Dwarka Sugar Limited and changed its name to Dwarikesh Sugar Industries Limited in April 1994. Dwarikesh Sugar Industries Limited was incorporated in 1993 and is based in Mumbai, India.

Industry Group:Agricultural Food & otherProducts

Employees:1,443

Website:www.dwarikesh.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Valuation

Market Cap

723.04 Cr

Price/Earnings (Trailing)

48.17

Price/Sales (Trailing)

0.51

EV/EBITDA

5.89

Price/Free Cashflow

16.88

MarketCap/EBT

19.27

Enterprise Value

610.47 Cr

Fundamentals

Revenue (TTM)

1.43 kCr

Rev. Growth (Yr)

0.10%

Earnings (TTM)

15.05 Cr

Earnings Growth (Yr)

-36%

Profitability

Operating Margin

EBT Margin

Return on Equity

1.99%

Return on Assets

1.46%

Free Cashflow Yield

5.92%

Growth & Returns

Price Change 1W

Price Change 1M

-6.7%

Price Change 6M

-14.9%

Price Change 1Y

-36.7%

3Y Cumulative Return

-27.4%

5Y Cumulative Return

3.6%

7Y Cumulative Return

8.2%

10Y Cumulative Return

15.9%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)

-6.55 Cr

Cash Flow from Operations (TTM)

60.68 Cr

Cash Flow from Financing (TTM)

27.33 Cr

Cash & Equivalents

283.79 Cr

Free Cash Flow (TTM)

48.26 Cr

Free Cash Flow/Share (TTM)

2.6

Balance Sheet

Total Assets

1.03 kCr

Total Liabilities

273.33 Cr

Shareholder Equity

754.89 Cr

Current Assets

492.54 Cr

Current Liabilities

134.71 Cr

Net PPE

520.87 Cr

Inventory

193.14 Cr

Goodwill

0.00

Capital Structure & Leverage

Debt Ratio

0.17

Debt/Equity

0.23

Interest Coverage

1.15

Interest/Cashflow Ops

4.31

Dividend & Shareholder Returns

Dividend/Share (TTM)

0.5

Dividend Yield

1.28%

Shares Dilution (1Y)

0.00%

Shares Dilution (3Y)

-1.6%

Investor Care

Dividend Yield

1.28%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.00%

Earnings/Share (TTM)

0.81

Financial Health

Current Ratio

3.66

Debt/Equity

0.23

Technical Indicators

RSI (14d)

40.66

RSI (5d)

62.97

RSI (21d)

41.08

MACD Signal

Buy

Stochastic Oscillator Signal

Hold

Grufity Signal

Buy

RSI Signal

Hold

RSI5 Signal

Hold

RSI21 Signal

Hold

SMA 5 Signal

Sell

SMA 10 Signal

Buy

SMA 20 Signal

Sell

SMA 50 Signal

Sell

SMA 100 Signal

Sell

Shareholder Name

Holding %

GAUTAM RADHESHYAM MORARKA

15.17%

DWARIKESH TRADING COMPANY LTD

13.94%

MORARKA FINANCE LTD

11.47%

PRANAY GAUTAM MORARKA

0.66%

SMRITI GAUTAM MORARKA

0.53%

PRIYANKA GAUTAM MORARKA

0.27%

GAUTAM R MORARKA HUF

0.03%

MORARKA INVESTMENTS PRIVATE LIMITED

0.02%

Ticker

Name

Mkt Cap

Revenue

Price %, 1M

Returns, 1Y

P/E

P/S

Rev 1-Yr

Inc 1-Yr

BALRAMCHIN

Balrampur Chini Mills

8.96 kCr

5.94 kCr

-4.70%

-24.60%

22.11

1.51

TRIVENI

Triveni Engineering & Industries

8.17 kCr

7.57 kCr

+2.20%

-17.90%

31.93

1.08

RENUKA

Shree Renuka Sugars

5.62 kCr

9.87 kCr

-6.50%

-37.20%

-7.54

0.57

DWARKESH - Dwarikesh Sugar Industries Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Dwarikesh Sugar Industries Ltd. do?

Important Disclosure & Data Context

DWARKESH - Dwarikesh Sugar Industries Ltd. Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Sharesguru Stock Score for DWARKESH

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Dwarikesh Sugar Industries Ltd. do?

Important Disclosure & Data Context

Sharesguru Stock Score for DWARKESH