Davangere Sugar Company Ltd Stock Price Today (NSE: DAVANGERE)

Davangere Sugar Company Ltd

3.600.04 (1.10%)
Market Closed

Fundamental Score

...

Davangere Sugar Company Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Davangere Sugar Company Ltd share price today is 3.60, down 1.10% on NSE/BSE as of 5 June 2026. Davangere Sugar Company Ltd (DAVANGERE) is a Small-cap company in the Diversified FMCG sector with a market capitalisation of 586.29 (Cr). The 52-week high for DAVANGERE share price is 5.50 and the 52-week low is 3.03. At a P/E ratio of 46.38x, DAVANGERE is currently trading above its industry average P/E of 46.38x. The company has a Return on Equity (ROE) of 3.17% and a debt-to-equity ratio of 0.40.

Davangere Sugar Company Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
4.59
Low
3.52
Volume
2.2Cr
Change
+13.77%

Davangere Sugar Company Ltd share price chart: 13.77% return over the past month. 52-week high ₹5.50, 52-week low ₹3.03.

Davangere Sugar Company Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
3.903.903.643.69259.17L (Cr)
4.084.123.783.81252.65L (Cr)
4.164.254.024.02123.03L (Cr)
4.134.134.134.130.00 (Cr)
4.104.164.024.13324.53L (Cr)
4.094.193.924.07749.10L (Cr)
4.594.593.984.101234.95L (Cr)
4.314.444.294.40237.69L (Cr)
4.224.344.204.26156.36L (Cr)
4.154.194.154.15106.40L (Cr)

Davangere Sugar Company Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
4.084.123.643.69-9.56%
3.754.593.524.02+7.20%
3.784.003.593.64-3.70%
4.004.253.613.72-7.00%
4.175.053.964.07-2.40%
3.715.503.664.29+15.63%
4.304.673.423.71-13.72%
3.854.223.494.07+5.71%
3.794.173.033.85+1.58%
3.484.303.483.77+8.33%
3.293.553.063.48+5.90%
3.503.773.163.19-8.88%

AI Research Briefing

Powered by Gemini · 2026-04-10

Ethanol play with too much leverage and cyclical risk; small-cap liquidity a killer.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown: 6M performance is -41.2%.Fair: P/E of 46.38x, same as the industry P/E.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Davangere Sugar approved an addition to its existing distillery capacity on March 30, 2026. The company plans to add 85 KLDP to the existing 65 KLDP facility, which is currently operating at 96% capacity utilization. The expansion is expected to be completed within 18 months and will cost million, funded through FCCB. An EGM is scheduled for April 24, 2026.

CORE STORY (THE REAL GAME)

Davangere Sugar is betting on increased ethanol demand driven by supportive government policies. This isn't just about sugar; it's a play on ethanol blending mandates and the potential for higher realization from distillery operations.

Why Now
  • Distillery expansion approved
  • Ethanol blending tailwinds
  • Upcoming EGM on April 24, 2026
Potential Catalysts
  • Successful distillery expansion
  • Increase in ethanol prices
  • Favorable government policies on ethanol blending
Key Risks
  • Small-cap: liquidity risk
  • High debt/equity ratio of 0.4
  • Negative free cash flow of ₹-113.39 Cr over 5 years
Institutional Activity

Promoter holding decreased by 6.23%, a negative signal.

Macro Context

El Niño threatens rural demand and could impact sugarcane yields.

Order Book / Expansion

₹1,275 million distillery expansion approved on March 30, 2026.

Cash Flow Quality

No: Negative free cash flow of ₹-113.39 Cr over 5 years.

3–6 Month Outlook

3-6 months: Monitor ethanol demand, expansion progress, and sugar price trends. Key will be successful execution of the distillery expansion and favorable government policies.

Primary Thesis Risk

Ethanol demand falters, expansion delayed, or sugar prices crash.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.17%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

6.70%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

20.14%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Davangere Sugar Company Ltd Valuation Check

Average

Price to Earnings (P/E)

46.38x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

46.38x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

41.64%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

103.88%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

22.53%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

1.17%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

36.66%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

36.67%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.40x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.51x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-113.39 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Davangere Sugar Company Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DAVANGERE across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Strong Operating Margins (20.14%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (103.88%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (22.53%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (36.66% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (36.67% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (3.17%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (6.70%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 46.38x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Growth History (1.17% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (1.51x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-113.39 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Davangere Sugar Company Ltd vs Diversified FMCG Peers

Peer Comparison - Diversified FMCG

Compare Davangere Sugar Company Ltd with 4 other companies in the same sector

5 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
51.4/100
4
₹586.29
46.4
Average
3.17%
Poor
6.70%
Poor
0.4
Excellent
36.67%
Excellent
1.17%
Average
0.00%
50.6/100
2198
₹578962.88
54.7
Average
20.72%
Excellent
27.85%
Excellent
0.0
Excellent
8.63%
Good
9.67%
Good
1.74%
ITC Ltd...
ITC500875
46.7/100
292
₹506287.45
25.1
Average
27.32%
Excellent
36.79%
Excellent
0.0
Excellent
5.04%
Good
8.81%
Good
3.55%
61.5/100
532
₹6333.17
50.1
Average
13.97%
Average
14.34%
Average
0.9
Good
37.42%
Excellent
35.80%
Excellent
0.00%
44/100
284
₹1253.58
26.9
Average
-3.79%
Poor
5.79%
Poor
0.7
Good
5.09%
Good
0.00%

Davangere Sugar Company Ltd PE Ratio History

Historical price-to-earnings ratio for DAVANGERE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.30₹5.294.1x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Davangere Sugar Company Ltd Quarterly Performance

Latest quarterly metrics for DAVANGERE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

22.53%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

103.88%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

1.17%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

36.67%

Compounded annual net profit growth over 5 years

Davangere Sugar Company Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DAVANGERE — calculated from daily price history

66RSI 14
Neutral — RSI 66

Momentum is balanced — neither overbought nor oversold.

SMA 50
4
▼ Price below SMA 50 — Short-term bearish
SMA 200
4
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
20185K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Davangere Sugar Company Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Davangere Sugar Company Ltd (DAVANGERE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Davangere Sugar Company Ltd

About DAVANGERE (Davangere Sugar Company Ltd)

Davangere Sugar Company Ltd is a multifaceted enterprise deeply rooted in the Indian Fast-Moving Consumer Goods (FMCG) landscape, extending its influence beyond its foundational id...entity. While sugar production remains a cornerstone, the company exhibits a strategic diversification that encompasses power generation, distillery operations, and even ventures into the aviation sector. This multi-pronged approach positions Davangere as a dynamic player, capable of adapting to evolving market demands and capitalizing on synergistic opportunities across its various divisions. The company's commitment to innovation and sustainable practices is evident in its co-generation initiatives, aiming to reduce reliance on traditional energy sources and contribute to a more environmentally conscious future. The company's operational structure is organized into distinct segments, each contributing to its overall revenue and strategic objectives. The core Sugar segment manages the cultivation, processing, and distribution of sugar products, while the Co-Generation segment focuses on harnessing renewable energy sources to generate electricity. The Distillery segment is dedicated to the production of ethanol and other value-added products derived from sugarcane molasses, catering to the growing demand for biofuels and industrial alcohol. Further demonstrating its diverse interests, the Aviation segment operates a fleet of helicopters, offering specialized services to various industries and contributing to the company's overall portfolio. Established in 1970, Davangere Sugar Company Ltd has built a rich legacy of serving the Indian market. It has consistently strived to meet the evolving needs of consumers and businesses alike. With its integrated business model, the company is positioned to leverage its expertise in the FMCG sector and explore new avenues for growth. Davangere remains committed to delivering value to its stakeholders, driving innovation, and contributing to the economic development of the regions in which it operates. Its enduring presence in the Indian market underscores its resilience, adaptability, and commitment to long-term sustainability.

Company Details

Symbol:DAVANGERE
Industry:Diversified FMCG
Sector:Diversified FMCG

Key Leadership

Mr. Shamanur Shivashankarappa Ganesh
Chairman & MD
Mr. Abhijith Ganesh Shamanur
Executive Director
Mr. P Onkrappa
Chief Financial Officer

DAVANGERE Share Price: Frequently Asked Questions

What is the current share price of Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd (DAVANGERE) trades at ₹3.60 on NSE and BSE. Market cap ₹586.29 (Cr). Educational data only.

What is the P/E ratio of Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd has a P/E of 46.38x vs industry average 46.38x.

What is the Bull Run score for Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd has a Bull Run score of 51.4/100 based on 25+ financial parameters.

Does Davangere Sugar Company Ltd pay dividends?

Davangere Sugar Company Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd has ROE of 3.17%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Davangere Sugar Company Ltd?

Davangere Sugar Company Ltd has debt-to-equity of 0.40.

Is Davangere Sugar Company Ltd a good investment?

Bull Run gives Davangere Sugar Company Ltd a score of 51.4/100. This is not investment advice — consult a SEBI-registered advisor.