1. Dwari kesh Sugar Ind
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50% Buy

Dwari kesh Sugar Ind Share Price

DWARKESH

₹65.07-₹1.23 (-1.86%) TodayLast updated on 02 Dec, 2024 | 14:16 IST

Dwari kesh Sugar Ind Share Price Chart

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  • About Dwari kesh Sugar Ind
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About Dwari kesh Sugar Ind

Dwari kesh Sugar Ind Financials

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Market cap
Market Cap Switch₹1,229 Crs
Open
₹66.50
Close
₹66.30
Circuit range
₹79.56 - ₹53.04
Day range
₹64.50 - ₹66.50
Year range
₹58.50 - ₹93.80
Volume
5,20,379
Avg. traded
₹65.24
Revenue (12m)
₹1,280 Crs
Dwari kesh Sugar Ind

Dwarikesh Sugar Industries Ltd is a Uttar Pradesh-based diversified industrial group engaged in the manufacturing of sugar as well as allied products. The company has three manufacturing facilities equipped with a combined capacity of 21,500 tonnes of sugar per day. Two of its plants are located in Najibabad and Afzalgarh in Bijnor district, and one is located in Bareilly district.

Dwarikesh Sugar Industries Ltd was originally incorporated as Dwarka Sugar Ltd on November 1, 1993, in Mumbai. The company's name was changed to Dwarikesh Sugar Industries Ltd on April 18, 1994.

In 1995, the company commissioned its first sugar plant in the village Bundki (Najibabad) of Uttar Pradesh. In 2004, it commissioned its second plant in the village of Afzalgarh, while the third plant was commissioned in the village Bhagwanpur Phulwa in Faridpur, Bareilly, in 2007.

The shares of Dwarikesh Sugar Industries were listed on both BSE and the National Stock Exchange of India (NSE) on December 31, 2004. As of January 2, 2024, the company’s market capitalisation stood at ₹1,653 crore. Dwarikesh Sugar share price has shot up by over 180% in the last three years.

Business operations

The company’s operations can be broadly divided into three segments – sugar, cogeneration and distillery.

Sugar: The sugar business accounted for 71% of the revenue in FY23. Dwarikesh Sugar has a combined cane-crushing capacity of 21,500 tonnes per day as of March 31, 2023.

The company crushed 382.13 lakh quintals of cane in 2022-23 compared to 373.92 lakh quintals of cane in the previous year. This resulted in total sugar production of 32.98 lakh quintals in FY23, generating sugar revenue of ₹2,080 crore.

Distillery: The distillery business made up 18% of Dwarikesh Sugar’s overall revenue in FY23. The company commissioned a 175 kilo litres per day distillery, dedicated to ethanol manufacturing, at its Bareilly plant in FY23. Besides that, Dwarikesh Sugar operates a distillery at its Bijnor plant. Besides industrial alcohol, it has also started manufacturing sanitizer from its product spirit.

Power: The power segment contributed 11% to Dwarikesh Sugar’s revenue in FY23. The company ventured into cogeneration when it commissioned a 6 MW power plant in 1995 using the byproduct bagasse. In 2002, the company grew this capacity to 9 MW and the cumulative cogeneration capacity was 96 megawatts as of March 31, 2023. The company is supplying power (the quantum that remains after captive consumption) to the Uttar Pradesh state grid.

Financial highlights

  • Dwarikesh Sugar’s revenue increased by 6.27% to ₹2,103 crore in 2022-23 compared with the previous year.
  • The EBITDA fell almost 22% to ₹229 crore in FY23 compared with ₹294 crore in FY22 on account of higher raw material cost.
  • The company reported a decline of almost 4 percentage points in EBITDA margin to 10.87% during FY23 from 14.86% in FY22.
  • Dwarikesh Sugar reported a 32% decrease in net profit in FY23 to ₹105 crore on account of higher cane costs.
  • The company expects ethanol to contribute to around 30% of turnover from FY24, strengthening margins.

Dwari Kesh Sugar Ind Key indicators

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52 week high
₹93.80
52 week low
₹58.50
P/E ratio
P/B ratio
ROE
10.7%
ROCE
13.77%
Dividend yield
--
Debt/Equity ratio
0.55
EPS
4.44

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Investment checklist: (2/6)
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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

50%

Hold

50%

Sell

0%

This analysis is based on the reviews of 2 experts in the last 7 days

Dwari kesh Sugar Ind Fundamentals

Dwari kesh Sugar Ind Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

12.67%

Net profit margin

4.89%

ROE

10.7%

ROA

5.74%

ROCE

13.77%

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Dwari kesh Sugar Ind Shareholder returns

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1 day
+6.25%
1 week
+10.85%
1 month
+11.88%
3 months
-9.91%
1 year
-26.62%
3 years
+1.77%
5 years
+171.72%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Dwari Kesh Sugar Ind Share Price history

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DayOpenCloseChange %
Fri, Nov 29 2024
₹62.55
₹66.30
+6.25%
Thu, Nov 28 2024
₹62.73
₹62.40
-0.18%
Wed, Nov 27 2024
₹62.00
₹62.51
+1.39%
Tue, Nov 26 2024
₹60.69
₹61.65
+1.63%
Mon, Nov 25 2024
₹60.99
₹60.66
+1.42%
Fri, Nov 22 2024
₹58.99
₹59.81
+1.48%
Thu, Nov 21 2024
₹60.75
₹58.94
-2.98%
Tue, Nov 19 2024
₹61.30
₹60.75
-0.21%

Dwari kesh Sugar Ind Shareholding Pattern

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Promoters (42.1%)

Mutual Funds (0%)

Retail and other (55.45%)

Foreign institutions-FII (2.31%)

Other domestic institutions (0.14%)

Retail and other

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Events

Corporate actions

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  • Dividend • ₹2/share

    Ex date 31 Mar 2023

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  • Dividend • ₹2/share

    Ex date 07 Apr 2022

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FAQs on Dwari kesh Sugar Ind

What is the Dwari Kesh Sugar Ind share price today?

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Dwari Kesh Sugar Ind share price is ₹ 65.07 today.

What is today’s high & low share price of Dwari Kesh Sugar Ind?

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Dwari Kesh Sugar Ind share price high: ₹ 66.50 and low: ₹ 64.50

What is the Dwari Kesh Sugar Ind share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 93.80 and Low Price is ₹ 58.50

What is the Dwari Kesh Sugar Ind Stock Symbol?

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The Dwari Kesh Sugar Ind Stock symbol is DWARKESH.

Can I buy Dwari Kesh Sugar Ind shares on Holidays?

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No, shares of Dwari Kesh Sugar Ind or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Dwari Kesh Sugar Ind shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.