DWARKESH

Dwarikesh Sugar Industries Ltd.

NSE: DWARKESH

BSE: 532610

Sector: Fast Moving Consumer Goods

Industry Group: Agricultural Food & other Products

Industry: Sugar

41.56-0.1 (-0.29%)

12 Aug, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

51.3 / 100

Value Score

61.2 / 100

Price Momentum Score

69.4 / 100

QVM Score

70.2 / 100

Key Metrics

Market Cap

772.34

P/E (TTM)

33.38

P/B

0.93

P/S (TTM)

0.57

EV/EBITDA

19.13

CAPE (5Y)

11.34

ROE (TTM)

3.77

ROCE (TTM)

4.07

ROA (TTM)

2.23

Avg 3Y ROE

3.17

Earnings 3Y CAGR

-47.73

Sales 3Y CAGR

-12.58

Sales 5Y CAGR

-5.43

Debt/Equity

0.41

Consensus TP

62.00

Strong Buy %

Promoter Holding

42.14

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Dwarikesh Sugar Industries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.41 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.22 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 85.7 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

85.7 / 100

Negative

Expensive and at a premium to industry median P/E

PE TTM of 33.38 indicates that the stock is expensive on a standalone basis and is at a 97.16% premium to industry median P/E

What is P/E Ratio?

Median: 16.93

Value 33.38

4.27243.5

Low but stable ROE

The company reported low ROE of 3.77% for 12-month ended 30 Jun 2026 and ROE improved marginally by 89 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 1.84% for 12-month ended 30 Jun 2026 and operating margin declined by -282 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -4.81% for 12-month ended 30 Jun 2026 and the growth was 9.04 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 4.23

Value -4.81

-58.2854.01

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -37.05% for 12-month ended 30 Jun 2026 and the growth was 26.66 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.24%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Dwarikesh Sugar Industries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Dwarikesh Sugar Industries Ltd. Shareholding Pattern

Quarterly breakdown of Dwarikesh Sugar Industries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	42.08	42.08	42.08	42.08	42.08	42.08	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.10	42.10	42.10	42.10	42.10	42.10	42.14	42.14
Indian Promoter	42.08	42.08	42.08	42.08	42.08	42.08	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.09	42.10	42.10	42.10	42.10	42.10	42.10	42.14	42.14
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	3.79	3.63	3.59	3.58	4.42	6.41	6.80	8.13	11.07	10.54	10.39	9.06	7.77	7.91	5.50	4.16	4.49	3.98	2.45	1.77	2.13	2.03	1.87	1.93	2.03	1.89
Mutual Funds / UTI	3.32	3.32	3.32	3.32	3.91	3.91	3.91	3.91	3.25	3.25	3.25	3.25	3.25	3.25	0.05	0.07	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.32	0.12	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13
FII	0.02	0.06	0.14	0.12	0.38	2.24	2.76	4.09	7.70	7.16	7.01	5.66	4.37	4.53	5.31	3.97	4.36	3.85	2.31	1.64	2.00	1.90	1.74	1.68	1.68	1.01
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11	0.22	0.75
Non-Institution	54.13	54.29	54.33	54.34	53.50	51.51	51.11	49.78	46.83	47.36	47.52	48.84	50.13	50.00	52.40	53.75	53.42	53.92	55.45	56.13	55.76	55.87	56.03	55.97	55.83	55.96
Bodies Corporate	5.79	5.73	5.01	4.96	5.59	3.82	3.12	3.20	2.98	3.04	3.18	3.53	3.65	3.30	3.99	3.32	3.22	3.54	3.60	3.59	2.91	2.44	2.32	2.38	2.77	2.75
Others (incl. Retail) No. of shareholders	48.34 40,576	48.56 47,320	49.32 45,492	49.38 45,927	47.91 44,915	47.69 78,710	47.99 98,874	46.58 1,00,321	43.85 1,41,971	44.32 1,56,416	44.34 1,61,909	45.31 1,59,950	46.48 1,61,901	46.70 1,58,549	48.41 1,65,698	50.43 1,77,927	50.20 2,02,089	50.38 1,99,575	51.85 1,95,008	52.54 1,92,663	52.85 1,89,782	53.43 1,85,071	53.71 1,82,756	53.59 1,77,736	53.06 1,71,648	53.21 1,69,551

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Sugar	3.71%	11 / 14

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Dwarikesh Sugar Industries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Gautam Radheshyam Morarka Promoter & Director	March-2026	Market Purchase (Acquisition) 21st Mar 2026	15.21 %	₹ 39.59	12.50 k	₹ 4.95 lac
Gautam Radheshyam Morarka Promoter & Director	March-2026	Market Purchase (Acquisition) 18th Mar 2026	15.17 %	₹ 36.44	70.65 k	₹ 25.75 lac
Morarka Investments Private Limited Promoter Group	September-2024	Market Purchase (Acquisition) 5th Sep 2024	0.01 %	₹ 74.93	11.37 k	₹ 8.52 lac
Balkishan J. Maheshwari Director	August-2024	Market Purchase (Acquisition) 6th Aug 2024	0.00 %	₹ 69.23	100.00	₹ 6.92 k
Vijay S. Banka Director	August-2024	Market Purchase (Acquisition) 6th Aug 2024	0.00 %	₹ 69.38	100.00	₹ 6.94 k
Gautam Radheshyam Morarka Promoter	February-2022	Market Purchase (Acquisition) 17th Feb 2022	15.17 %	₹ 95.38	1.00 k	₹ 95.38 k
Morarka Investments Private Limited Promoter Group	August-2021	Market Purchase (Acquisition) 7th Aug 2021	0.00 %	₹ 69.78	28.00 k	₹ 19.54 lac

Corporate Actions

History of Dwarikesh Sugar Industries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.10/share
Record date: 30th Jul 2026Ex-date: 30th Jul 2026
Announced on: 14th May 2026
Dividend₹ 0.50/share
Record date: 12th Aug 2025Ex-date: 12th Aug 2025
Announced on: 22nd May 2025
Others
Ex-date: 20th Mar 2024Announced on: 8th Mar 2024
"On Market Tender Offer. Total Amount Returned INR 315000000. Share Capital 1.5930 percent currently. As of 20 April 2024 Shares repurchased 3000000."
Dividend₹ 2/share
Record date: 31st Mar 2023Ex-date: 31st Mar 2023
Announced on: 13th Mar 2023
Dividend₹ 2/share
Record date: 8th Apr 2022Ex-date: 7th Apr 2022
Announced on: 22nd Mar 2022

Company Profile

Overview of Dwarikesh Sugar Industries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Dwarikesh Sugar Industries Ltd is a sugar producer. It is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products. Its segments include Sugar and Distillery. It has approximately three fully automated sugar mills, located in ...

Key personnel

Mr. Sunil Kumar Goel

Chief Financial Officer

Shri. Gautam Radheshyam MorarkaD

Executive Chairman of the Board

Shri. Balkishan Jawarilal MaheshwariD

Compliance Officer, Managing Director, Executive Director, Company Secretary

Shri. Vijay Sitaram BankaD

Managing Director, Executive Director

Ms. Priyanka Gautam MorarkaD

Whole-Time Director

Mrs. Bharati BalajiD

Woman Independent Non-Executive Director

Mr. Gopal Bhimrao HosurD

Independent Non-Executive Director

Mr. Rajan Krishnanath MedhekarD

Independent Non-Executive Director

View all

Incorporated on

01 Nov 1993

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

772

IPO date

03 Jan 2005

Free Float

10,66,67,373

Website

https://www.dwarikesh.com/

Phone no.

+911343267057

Address

511, Maker Chambers V, 221,Nariman Point,, MUMBAI, 400021, India

Frequently Asked Questions

What is the current share price of Dwarikesh Sugar Industries Ltd.?

The current share price of Dwarikesh Sugar Industries Ltd. is ₹ 41.56 as of 12 Aug 2026.

What is the market capitalisation of Dwarikesh Sugar Industries Ltd.?

The market capitalisation of Dwarikesh Sugar Industries Ltd. stands at ₹ 772.34 Cr.

What is the PE ratio of Dwarikesh Sugar Industries Ltd.?

The Price-to-Earnings (PE) ratio of Dwarikesh Sugar Industries Ltd. is 33.38 as of the latest trailing twelve months data.

What is the ROE and ROCE of Dwarikesh Sugar Industries Ltd.?

Dwarikesh Sugar Industries Ltd. has a Return on Equity (ROE) of 3.77% and a Return on Capital Employed (ROCE) of 4.07% as per the latest financial reports.

What is the 52-week high and low of Dwarikesh Sugar Industries Ltd.?

The 52-week high of Dwarikesh Sugar Industries Ltd. is - and the 52-week low is -.

What is the dividend yield of Dwarikesh Sugar Industries Ltd.?

The dividend yield of Dwarikesh Sugar Industries Ltd. is 0.24% based on the current market price.

What is the FII and DII holding in Dwarikesh Sugar Industries Ltd.?

Foreign Institutional Investors (FII) hold 1.01%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 53.21% of Dwarikesh Sugar Industries Ltd. shares.

What sector does Dwarikesh Sugar Industries Ltd. belong to?

Dwarikesh Sugar Industries Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Dwarikesh Sugar Industries Ltd.?

The beta of Dwarikesh Sugar Industries Ltd. is 0.28, indicating its price volatility relative to the broader market. Over the past 1 year, Dwarikesh Sugar Industries Ltd. has delivered an absolute return of -0.02%.

What is the RSI of Dwarikesh Sugar Industries Ltd.?

The 14-day Relative Strength Index (RSI) of Dwarikesh Sugar Industries Ltd. is 50.20, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Dwarikesh Sugar Industries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Dwarikesh Sugar Industries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions