Dalmia Bharat Sugar & Industries Ltd. (DALMIASUG) AI Stock Analysis

• Market Cap: ₹30.79B
• Dividend Yield: 1.55%
• Average Volume (3M): 11.63K
• Price to Earnings (P/E): 8.5
• Beta (1Y): 1.60
• Revenue Growth: 23.22%
• EPS Growth: 39.31%
• Country: IN
• Employees: 2,357
• Sector: Consumer Defensive
• Sector Strength: 48
• Industry: Food Confectioners
• EPS (TTM): 4.74
• Shares Outstanding: 80,939,300
• 10 Day Avg. Volume: 18,149
• 30 Day Avg. Volume: 11,625
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹436.00
• Price Target Upside: 14.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ₹436.00 ▲(14.63% Upside)

Dalmia Bharat Sugar & Industries Ltd. achieves a strong overall stock score driven by robust financial performance and favorable valuation. The technical analysis indicates positive momentum, although the stock is near resistance levels. The absence of earnings call data and corporate events does not impact the score significantly.

Dalmia Bharat Sugar & Industries Ltd. Business Overview & Revenue Model

Company Description

Dalmia Bharat Sugar & Industries Ltd. (DALMIASUG) is a prominent player in the Indian sugar industry, engaged in the manufacturing and sale of sugar, along with its by-products such as molasses and bagasse. The company operates in sectors including sugar, power, and ethanol, leveraging its integrated business model to optimize resources and expand its market presence. With multiple sugar manufacturing units across India, Dalmia Bharat Sugar & Industries Ltd. is committed to sustainable growth and innovation in its operations, catering to both domestic and international markets.

How the Company Makes Money

Dalmia Bharat Sugar & Industries Ltd. primarily generates revenue through the production and sale of sugar and its by-products. The company capitalizes on its fully integrated operations, which include sugar manufacturing, power generation, and ethanol production. Sugar sales form the core revenue stream, while bagasse, a by-product of sugarcane processing, is used for power generation, providing an additional revenue channel through the sale of electricity. Moreover, the company produces ethanol, which is sold for blending with petrol, further diversifying its income sources. Strategic partnerships and government policies promoting ethanol blending and renewable energy contribute significantly to the company's financial performance.

Dalmia Bharat Sugar & Industries Ltd. Financial Statement Overview

Summary

Dalmia Bharat Sugar & Industries Ltd. exhibits strong financial health with significant revenue growth of 29.19%, improved profitability metrics, and robust cash flow generation. The low leverage and high equity ratio further bolster its financial stability, with recent improvements in cash flow signaling effective management.

Income Statement

Dalmia Bharat Sugar & Industries Ltd. demonstrated strong growth with a revenue growth rate of 29.19% from 2024 to 2025. The gross profit margin is healthy at 27.15%, and the net profit margin improved to 10.32%, indicating effective cost management. EBIT and EBITDA margins are also robust at 21.16% and 12.52%, respectively, showcasing operational efficiency. The overall income statement reflects a consistent upward trajectory in profitability and revenue, enhancing the company's financial stability.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.32, indicating prudent financial leverage. The return on equity stands at 11.95%, reflecting efficient use of shareholder funds. The equity ratio of 66.52% underscores strong financial solvency and stability. Although total liabilities increased, the company's equity growth and low leverage mitigate potential risks.

Cash Flow

Strong free cash flow growth is evident, recovering from a negative position in 2024 to positive in 2025. The operating cash flow to net income ratio of 1.17 indicates effective cash generation relative to profitability. The free cash flow to net income ratio of 0.80 suggests substantial cash retained post-investment activities. Despite past volatility, the recent positive cash flow trends enhance the company's liquidity position.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	37.46B	37.46B	32.45B	28.99B	29.16B	24.96B
Gross Profit	9.43B	10.17B	9.03B	8.48B	7.82B	6.67B
EBITDA	5.18B	4.69B	5.12B	5.40B	5.28B	5.26B
Net Income	3.87B	3.87B	2.50B	2.72B	2.95B	2.70B
Balance Sheet
Total Assets	48.63B	48.63B	38.03B	51.62B	38.22B	37.33B
Cash, Cash Equivalents and Short-Term Investments	3.57B	3.57B	1.68B	5.30B	4.03B	3.88B
Total Debt	10.44B	10.44B	4.54B	14.30B	8.19B	9.58B
Total Liabilities	16.29B	16.29B	10.98B	22.30B	14.63B	15.90B
Stockholders Equity	32.35B	32.35B	27.05B	29.32B	23.59B	21.43B
Cash Flow
Free Cash Flow	0.00	3.09B	3.65B	-6.06B	2.34B	2.74B
Operating Cash Flow	0.00	4.50B	5.83B	-2.39B	5.67B	3.46B
Investing Cash Flow	0.00	-1.08B	-1.92B	-2.80B	-3.27B	371.30M
Financing Cash Flow	0.00	-4.80B	-4.19B	9.02B	-2.17B	-3.64B

Dalmia Bharat Sugar & Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 380.35
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DALMIASUG, the sentiment is Positive. The current price of 380.35 is above the 20-day moving average (MA) of 365.69, below the 50-day MA of 381.77, and below the 200-day MA of 381.43, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 61.20 is Neutral, neither overbought nor oversold. The STOCH value of 63.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DALMIASUG.

Dalmia Bharat Sugar & Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DALMIASUG	75 Outperform	₹30.79B	8.48		1.55%	23.22%	39.31%
BANARISUG	63 Neutral	₹46.37B	40.86		0.34%	-17.59%	-21.81%
Sector *	63 Neutral	$20.49B	14.78	-2.88%	3.11%	1.86%	-5.76%
BALRAMCHIN	62 Neutral	₹114.42B	27.35		0.54%	-1.59%	-21.28%
TRIVENI	59 Neutral	₹78.93B	36.49		0.68%	12.47%	-39.71%
BAJAJHIND	47 Neutral	₹27.14B	―		―	-11.30%	-73.75%
RENUKA	46 Neutral	₹69.05B	―		―	-21.05%	39.29%

Dalmia Bharat Sugar & Industries Ltd. Corporate Events

Dalmia Bharat Sugar Reports Q1 2025 Financial Results

Dalmia Bharat Sugar & Industries Ltd. announced the publication of its unaudited financial results for the quarter ending June 30, 2025. The company reported a total income from operations of ₹956.78 crore, with a net profit of ₹38.37 crore after tax. This financial update is crucial for stakeholders as it reflects the company’s current financial health and operational performance, potentially impacting investor confidence and market positioning.

Dalmia Bharat Sugar Announces Quarterly Financials and Strategic Appointments

Dalmia Bharat Sugar & Industries Ltd. announced the approval of its unaudited financial results for the quarter ending June 30, 2025, during a board meeting. Additionally, the company appointed Shri Sanjeev Raghunathrao Desai as the Unit Head of the Ninaidevi Unit, and approved a request from Birla Tyres Limited to reclassify from ‘Promoter and Promoter Group’ to ‘Public’ category, reflecting strategic management and stakeholder alignment decisions.