Davangere Sugar Company Limited (IN:DAVANGERE)
:DAVANGERE
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Davangere Sugar Company Limited
(DAVANGERE)
Select Model
Select Model
Rating:57Neutral
Price Target:
₹4.00
▼(-9.50% Downside)
Action:ReiteratedDate:01/14/26
The score is held back primarily by weak and volatile cash flows and elevated leverage, despite supportive technical momentum with price above major moving averages. Valuation is a headwind given the high P/E and no dividend yield data.
Positive Factors
Business model diversification
Davangere's core sugar processing plus monetizable by-products and the potential for ethanol or cogeneration represent structural revenue diversification. Multiple production outputs can smooth cash flows across commodity cycles and provide durable earnings optionality if facilities are integrated or expanded.
Negative Factors
Elevated leverage
High leverage raises refinancing and interest-coverage risk in a capital-intensive sugar business. Elevated debt constrains capital allocation, limits ability to absorb adverse crop or price swings, and increases the chance that cyclical weakness translates into long-term structural pressure on liquidity and growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Business model diversification
Davangere's core sugar processing plus monetizable by-products and the potential for ethanol or cogeneration represent structural revenue diversification. Multiple production outputs can smooth cash flows across commodity cycles and provide durable earnings optionality if facilities are integrated or expanded.
Read all positive factors
Davangere Sugar Company Limited (DAVANGERE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.38B
Dividend YieldN/A
Average Volume (3M)385.59K
Price to Earnings (P/E)50.6
Beta (1Y)0.50
Revenue Growth-10.78%
EPS Growth-4.71%
CountryIN
Employees302
SectorConsumer Defensive
Sector Strength42
IndustryFood Confectioners
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,429,990,800
10 Day Avg. Volume249,334
30 Day Avg. Volume385,592
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.11
Price to Sales (P/S)0.17
P/FCF Ratio-4.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Davangere Sugar Company Limited Business Overview & Revenue Model
Company Description
Davangere Sugar Company Limited manufactures and markets sugar and molasses in India. The company engages in the co-generation of electricity; and production of ethanol products. It exports its products. In addition, the company is involved in the...
How the Company Makes Money
The company makes money primarily by processing sugarcane into sugar and selling the finished sugar into wholesale/industrial and other market channels; specific customer mix and pricing mechanisms are not available. A secondary source of revenue ...
Davangere Sugar Company Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
55
Neutral
Cash Flow
45
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.02B | 2.15B | 2.17B | 2.80B | 1.10B | 1.48B |
| Gross Profit | 965.56M | 858.48M | 654.80M | 1.10B | 409.13M | 489.20M |
| EBITDA | 555.94M | 519.81M | 503.00M | 558.05M | 343.97M | 286.00M |
| Net Income | 126.45M | 109.37M | 122.40M | 132.15M | 56.80M | 25.00M |
Balance Sheet | ||||||
| Total Assets | 7.73B | 7.43B | 6.82B | 5.97B | 5.74B | 4.39B |
| Cash, Cash Equivalents and Short-Term Investments | 119.72M | 33.82M | 34.30M | 33.15M | 79.96M | 170.30M |
| Total Debt | 2.00B | 3.57B | 3.11B | 2.59B | 3.13B | 1.32B |
| Total Liabilities | 2.70B | 3.93B | 3.42B | 2.85B | 3.26B | 1.93B |
| Stockholders Equity | 5.03B | 3.50B | 3.40B | 3.12B | 2.47B | 2.45B |
Cash Flow | ||||||
| Free Cash Flow | -162.91M | -76.66M | -199.03M | 313.10M | -1.52B | 53.80M |
| Operating Cash Flow | -162.32M | -45.74M | 24.76M | 514.57M | -680.59M | 55.10M |
| Investing Cash Flow | -2.29M | -31.52M | -228.89M | -201.48M | -854.14M | -9.30M |
| Financing Cash Flow | 250.50M | 76.86M | 191.54M | -652.46M | 1.44B | 58.00M |
Davangere Sugar Company Limited Technical Analysis
Negative
4.42
Price Trends
4.13
Negative
4.07
Negative
3.80
Negative
Market Momentum
-0.10
Negative
41.95
Neutral
15.42
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DAVANGERE, the sentiment is Negative. The current price of 4.42 is above the 20-day moving average (MA) of 3.85, above the 50-day MA of 4.13, and above the 200-day MA of 3.80, indicating a bearish trend. The MACD of -0.10 indicates Negative momentum. The RSI at 41.95 is Neutral, neither overbought nor oversold. The STOCH value of 15.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DAVANGERE.
Davangere Sugar Company Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹2.41B | 5.98 | ― | 1.13% | ― | ― | |
67 Neutral | ₹2.44B | 3.04 | ― | ― | 21.76% | 113.02% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
57 Neutral | ₹5.38B | 50.57 | ― | ― | -10.78% | -4.71% | |
52 Neutral | ₹2.80B | 10.94 | ― | 0.38% | -13.84% | -149.34% | |
49 Neutral | ₹2.03B | 4.71 | ― | ― | -39.31% | -110.49% | |
45 Neutral | ₹1.94B | -1.68 | ― | ― | 1.70% | -71.32% |
* Consumer Defensive Sector Average
IN:DAVANGERE
Davangere Sugar Company Limited
3.76
0.36
10.59%
IN:KCPSUGIND
KCP Sugar & Industries Corp. Ltd.
24.68
-9.61
-28.03%
IN:KMSUGAR
K.M. Sugar Mills Ltd.
26.57
-0.02
-0.08%
IN:KOTARISUG
Kothari Sugars & Chemicals Ltd.
24.54
-9.10
-27.05%
IN:PONNIERODE
Ponni Sugars (Erode) Ltd.
280.00
-22.09
-7.31%
IN:SAKHTISUG
Sakthi Sugars Limited
16.32
-5.41
-24.90%
Davangere Sugar Company Limited Corporate Events
Davangere Sugar Calls Extraordinary General Meeting for April 24
Apr 3, 2026
Davangere Sugar Company Limited has announced that it has dispatched the notice for an Extraordinary General Meeting scheduled for April 24, 2026, at 11:30 a.m. in India. The company has also published mandatory advertisements about this dispatch ...
Davangere Sugar Closes Trading Window Ahead of March 30 Board Meeting
Mar 25, 2026
Davangere Sugar Company Limited has announced the closure of its trading window for designated and connected persons, as well as their immediate relatives, in line with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company...
Davangere Sugar Says Share Price Volatility Is Market-Driven, No Undisclosed Events
Jan 17, 2026
Davangere Sugar Company Limited has clarified to both BSE and the National Stock Exchange of India that the recent significant movement in its share price is not driven by any undisclosed corporate developments or price-sensitive information. The ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.