1. India Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Davangere Sugar Company Limited

Davangere Sugar Company Limited

1.93
INR
-0.04
(-2.03%)
0.06EPS
61.90P/E
5.12BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
3.67
2.7
2.82
2.65
1.23
1.51
2.9
2.25
1.71
2.98
2.17
2.24
1.66
1.77
Basic EPS, GAAP
0.08
-0.26
0.16
-0.03
-0.17
0.05
0.03
0.04
0.09
0.14
0.13
0.12
0.06
0.06
Free Cash Flow per Basic Share
0.41
-0.58
-0.38
0.91
0.12
-0.48
0.9
0.08
-2.35
0.66
-0.48
-0.08
-0.33
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.52
1.38
1.54
1.51
1.38
3.74
3.77
3.81
3.84
3.21
3.5
3.6
3.53
- -
Tangible Book Value per Share
1.52
1.38
1.54
1.51
1.38
3.74
3.77
3.81
3.84
3.21
3.5
3.6
3.53
- -
Basic Weighted Avg Shares
652
652
652
652
519
645
645
643
645
922
972
911
1,418
1,408
Sales/Revenue/Turnover
2,397
1,760
1,837
1,731
637
974
1,872
1,445
1,100
2,745
2,107
2,044
2,353
2,494
Operating Margin (%)
6.13
-2.86
16.47
8.04
-17.92
22.75
12.9
11.37
23.19
16.12
18.48
19.84
15.92
14.3
Depreciation Expense
118
101
77
92
90
90
90
89
89
116
120
127
127
127
Net Income, GAAP
54
-170
102
-16
-86
32
21
25
57
132
122
109
85
81
Effective Tax Rate (%)
15.69
- -
20.14
311.12
- -
31.42
20.82
22.36
14.79
25.28
15.33
14.95
22.59
22.8
Profit Margin (%)
2.24
-9.66
5.55
-0.95
-13.52
3.31
1.11
1.73
5.16
4.82
5.81
5.35
3.62
3.26
Working Capital
193
-230
-62
-241
401
319
251
749
628
654
737
1,104
2,343
- -
LT Debt
473
480
541
347
924
71
262
507
1,648
1,092
1,154
1,331
865
- -
Total Equity
980
890
992
975
889
2,411
2,430
2,453
2,473
3,120
3,400
3,498
5,048
- -
Return on Invested Capital (%)
- -
- -
9.44
-12.21
- -
4.58
4.96
3.36
4.64
5.85
5.45
5.09
3.82
- -
Return on Capital (%)
- -
- -
9.51
-11.75
- -
4.51
4.88
3.81
4.5
5.78
5.31
4.96
3.78
- -
Return on Common Equity (%)
- -
-18.2
10.84
-1.67
-9.23
1.95
0.85
1.02
2.31
4.73
3.75
3.17
1.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,175
- -
LT Borrowings
- -
865
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,430
1,430
1,430
Market Capitalization
5,305
5,334
5,119

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,773
- -
Cash, Cash Equivalents & STI
- -
66
- -
Accounts Receivable, Net
- -
350
- -
Inventories
- -
2,105
- -
Total Current Liabilities
- -
2,429
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,175
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.55%
16.63%
44.31%
Free Cash Flow
-422.01%
-560.66%
517.53%
Net Income, GAAP
37.67%
43.93%
-22.22%
Sales/Revenue/Turnover
16.78%
22.89%
15.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
456
393
732
569
2,044
2026
241
482
827
838
2,353
2027
347
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.01
0.07
0.02
0.12
2026
0.01
0.02
0.02
0.01
0.06
2027
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ganesh Shivashankarappa Shamanur
Full Time Employees
382
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
No. 19, Shivashankar Plaza Bengaluru KA India 560027
IPO Date
Mar 19, 2021
Website
davangeresugar.com
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Business
Davangere Sugar Company Limited (DAVANGERE.NS) manufactures and sells sugar, molasses, bagasse, and co-products such as press mud and industrial alcohol. The company operates distilleries producing rectified spirit, extra neutral alcohol, and Indian Made Foreign Liquor (IMFL) under brands including Woodpecker Whisky, Three Star Whisky, and Leon Vodka; it also generates and sells power from bagasse-based cogeneration plants. Headquartered in Harihar, Karnataka, India, and founded in 1971, Davangere Sugar Company Limited serves domestic markets in the sugar, alcohol, and power sectors primarily within India. The company's operations encompass integrated sugar mills, distilleries, and cogeneration facilities located in Davangere, Karnataka. Its product portfolio includes white crystal sugar in various grades; liquid distillates like ethanol for industrial and fuel use; and organic manure derived from press mud. Davangere Sugar targets industrial buyers, distilleries, government ethanol programs, and regional power grids. In recent developments, the company expanded its distillery capacity with the commissioning of a 45 kilo liters per day grain-based facility in fiscal 2024, enhancing ethanol production for the national biofuel blending program. It reported improved financial performance in fiscal 2025, driven by higher sugar realizations and ethanol off-take under government policies. No major acquisitions, partnerships, or name changes have been noted in the last two years.