Debut Plus

₹1.98

▼ -0.05 -2.46%

27 Oct 2026

NSE Listed

LT-ASM · ASM 1
What does LT-ASM · ASM 1 mean?
BSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-10-13
NSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-10-13

Davangere Sugar Company Limited (DAVANGERE)

Volume: 50,39,963Avg Vol 1W: 68,19,200.4Avg Vol 1M: 78,61,407.6552W Range:₹1.62₹5.5
Market Cap₹336 Cr
Current Price₹1.98
Previous Close₹2.03
High / Low (52w)₹5.5 / ₹1.62
Volume50,39,963
Avg Vol (1W)68,19,200.4
Avg Vol (1M)78,61,407.65
Stock P/E39.6
Book Value₹2.63
Dividend Yield0%
ROE168.5%
ROA97%
Revenue (TTM)₹241 Cr
Revenue Growth—
Profit Margin326.4%
Total Debt—
Shares Outstanding170 Cr
Face Value₹1
EPS (TTM)₹0.05
P/B0.75
Debt / Equity0.96
50 DMA₹2.29
200 DMA₹3.43
Day change-2.46%
SurveillanceLT-ASM · ASM 1
Price Chart
₹1.98▼ 42.27% · 1Y
₹5₹221.2Cr
2025-10-27
2026-10-27

20-day avg volume: 78.6L shares

Pros
  • Healthy return on equity of 168.5%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
  • Stock trades below its book value.
Cons
  • Revenue fell 44% YoY.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹39 Cr₹73 Cr₹57 Cr₹24 Cr₹48 Cr₹83 Cr₹84 Cr₹35 Cr
EBITDA₹12 Cr₹16 Cr₹7 Cr₹9 Cr₹13 Cr₹11 Cr₹6 Cr₹8 Cr
Net Profit₹1 Cr₹7 Cr₹2 Cr₹1 Cr₹3 Cr₹3 Cr₹2 Cr₹1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹114 Cr₹203 Cr₹148 Cr₹124 Cr₹281 Cr₹223 Cr₹217 Cr₹241 Cr
EBITDA₹23 Cr₹24 Cr₹3 Cr₹26 Cr₹45 Cr₹40 Cr₹41 Cr₹38 Cr
Net Profit₹3 Cr₹2 Cr₹2 Cr₹6 Cr₹13 Cr₹12 Cr₹11 Cr₹9 Cr
EPS0.580.370.450.911.410.130.120.06
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹328 Cr₹454 Cr₹439 Cr₹574 Cr₹597 Cr₹682 Cr₹743 Cr₹839 Cr
Total Liabilities₹236 Cr₹211 Cr₹193 Cr₹322 Cr₹285 Cr₹342 Cr₹393 Cr₹335 Cr
Equity₹92 Cr₹243 Cr₹245 Cr₹251 Cr₹312 Cr₹340 Cr₹350 Cr₹505 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹6 Cr₹-68 Cr₹81 Cr₹2 Cr₹-5 Cr₹-47 Cr
Investing₹-1 Cr₹-85 Cr₹-20 Cr₹-23 Cr₹-3 Cr₹-1 Cr
Financing₹6 Cr₹144 Cr₹-65 Cr₹19 Cr₹8 Cr₹51 Cr
Free Cash Flow₹6 Cr₹-68 Cr₹81 Cr₹2 Cr₹-5 Cr₹-47 Cr
Shareholding
Promoter 41.63% Institutions 0.66% Public 57.7%
About Davangere Sugar Company Limited

Consumer Defensive · Confectioners

Davangere Sugar Company Limited manufactures, markets, and sells sugar and molasses in India. The company operates through four segments: Sugar, Co-Generation, Aviation, and Distillery. It engages in the co-generation of electricity related activities with a capacity of 24.45 megawatt. The company is also involved in production of ethanol products, as well as aviation related business that consists of a fleet of helicopters. Davangere Sugar Company Limited was incorporated in 1970 and is based in Bengaluru, India.

www.davangeresugar.com ↗
Efficiency & Working Capital
ROCE4.7%
Interest Coverage1.4
Dividend Payout—
Debtor Days54 d
Inventory Days322 d
Payable Days24 d
Cash Conversion Cycle351 d
Working Capital Days375 d
Shareholding Details

As of 2026-09-30

Promoter41.6%
FII0.7%
DII0%
Institutions0.7%
Public57.7%
Promoter Pledge0%
No. of Shareholders1,86,489
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Aug 2026Sept 2026
Promoters70.7%60.9%54.3%54.3%52.3%47.9%41.6%41.8%41.8%41.6%35.1%41.6%
FIIs0%0%0%0%0%0%0%7%7%0%15.9%0.7%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public29.3%39.1%45.7%45.7%47.7%52.1%58.4%51.2%51.2%58.3%49%57.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders12,89748,9591,46,8061,55,1431,61,5921,63,6601,77,1541,77,8051,71,7791,75,8361,76,2761,86,489
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Ganesh S SShareholding of Promoter and Promoter Group25%35.74 Cr
Davangere Sugar Company LimitedPublic Shareholding6.2%8.81 Cr
Mafatlal Plywood Industries Private LimitedShareholding of Promoter and Promoter Group5.6%8.00 Cr
Abhijith Ganesh ShamanurShareholding of Promoter and Promoter Group4.8%6.91 Cr
Rekha Ganesh .Shareholding of Promoter and Promoter Group4.4%6.28 Cr
Bavaguthu Raghuram ShettyPublic Shareholding1.4%2.00 Cr
Citadel Securities India Markets Pvt LtdPublic Shareholding1.3%1.86 Cr
Anchal Ganesh ShamanurShareholding of Promoter and Promoter Group1.1%1.50 Cr
Akhil G ShamanurShareholding of Promoter and Promoter Group0.7%1.00 Cr
Indian Cane Power LimitedShareholding of Promoter and Promoter Group0.1%9,34,790
Board of Directors
NameDesignationYear
SHAMANUR SHIVASHANKARAPPA GANESHChairman / Executive Director / M D / Promoter2026
Swathi SharnarurNon Executive Director2026
S. Hima BinduIndependent Non Exe. Director2026
Vinita Dilip ModakIndependent Non Exe. Director2026
Achal KapoorIndependent Non Exe. Director2026
Vishwanath PatilCompany Sec. & Compli. Officer2026
ABHIJITH GANESH SHAMANURExecutive Director2026
Segments — Product
SegmentRevenueShare
Sugar₹99 Cr41%
Co-Generation₹7 Cr2.9%
Aviation₹1 Cr0.4%
Distillery₹134 Cr55.4%
Others₹1 Cr0.2%
Segments — Geography
RegionRevenueShare
Domestic₹116 Cr78.9%
Overseas₹31 Cr21.1%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹1150143143
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings—
forthcoming2026-07-28Board Meetings—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2024000044
2024000044
2024000044
Substantial Acquisitions (SAST)

4 disclosure(s)

Market28/01/2026 · 1,72,75,157
Market20/01/2026 · 1,05,88,445
Market14/01/2026 - 16/01/2026 · 3,75,67,109
Market09/01/2026 · 1,85,45,346
Company Information
Incorporated1970
ChairmanSHAMANUR SHIVASHANKARAPPA GANESH
AuditorDGMS & Co
Investor Email[email protected]; accounts@davangeresugar
🌐 www.davangeresugar.com ↗

📍 73/1 Post Box No 312, Shamanur Road, Davangere, Karnataka, 577004

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