Debut Plus

₹3.49

▼ -0.02 -0.57%

18 Jul 2026

NSE Listed · Consumer Defensive

Davangere Sugar Company Limited (DAVANGERE)

Volume: 18,67,737Avg Vol 1W: 89,56,984Avg Vol 1M: 48,89,51652W Range:₹3.03₹5.5
NSE BSE www.davangeresugar.com
Key Ratios
Checked just now
Market Cap₹502 Cr
Current Price₹3.49
Previous Close₹3.51
High / Low (52w)₹5.5 / ₹3.03
Volume18,67,737
Avg Vol (1W)89,56,984
Avg Vol (1M)48,89,516
Stock P/E349
Book Value₹3.53
Dividend Yield0%
ROE168.51%
ROA101.27%
Revenue (TTM)₹239 Cr
Revenue Growth—
Profit Margin—
Total Debt₹304 Cr
Shares Outstanding143 Cr
Face Value₹1
EPS (TTM)₹0.01
P/B0.99
Debt / Equity1.41
50 DMA₹3.58
200 DMA₹3.78
Day change-0.57%
Price Chart
₹3.49▼ 2.79% · 1Y
₹5₹321.2Cr
2025-11-25
2026-07-17

20-day avg volume: 52.5L shares

Pros
  • Healthy return on equity of 168.5%.
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 349.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹46 Cr₹39 Cr₹73 Cr₹57 Cr₹24 Cr₹48 Cr₹83 Cr₹84 Cr
EBITDA₹7 Cr₹12 Cr₹16 Cr₹7 Cr₹9 Cr₹13 Cr₹11 Cr₹6 Cr
Net Profit₹1 Cr₹1 Cr₹7 Cr₹2 Cr₹1 Cr₹3 Cr₹3 Cr₹2 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹82 Cr₹114 Cr₹203 Cr₹148 Cr₹124 Cr₹281 Cr₹223 Cr₹217 Cr
EBITDA₹7 Cr₹23 Cr₹24 Cr₹3 Cr₹26 Cr₹45 Cr₹40 Cr₹41 Cr
Net Profit₹-9 Cr₹3 Cr₹2 Cr₹2 Cr₹6 Cr₹13 Cr₹12 Cr₹11 Cr
EPS-1.920.580.370.450.911.410.130.12
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———————₹250 Cr
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₹-97,33,000 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 41.78% Institutions 6.99% Public 51.23%
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 Coverage1.5
Dividend Payout—
Debtor Days49 d
Inventory Days245 d
Payable Days48 d
Cash Conversion Cycle246 d
Working Capital Days294 d
Shareholding Details

As of 2026-03-31

Promoter41.8%
FII7%
DII0%
Institutions7%
Public51.2%
Promoter Pledge0%
No. of Shareholders1,71,779
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Jan 2024Jan 2024Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters74.4%74.4%74.4%70.7%60.9%54.3%54.3%52.3%47.9%41.6%41.8%41.8%
FIIs0%0%0%0%0%0%0%0%0%0%7%7%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public25.6%25.6%25.6%29.3%39.1%45.7%45.7%47.7%52.1%58.4%51.2%51.2%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders10,40710,43410,43412,89748,9591,46,8061,55,1431,61,5921,63,6601,77,1541,77,8051,71,779
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Ganesh S SShareholding of Promoter and Promoter Group25%35.74 Cr
Davangere Sugar Company LimitedPublic Shareholding6.2%8.82 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 GaneshShareholding of Promoter and Promoter Group4.4%6.28 Cr
Beacon Stone Capital Vcc - Beacon Stone IPublic Shareholding3.5%5.00 Cr
Chungath Karunakaran Padma KumarPublic Shareholding3.4%4.90 Cr
Arihant Capital Markets LimitedPublic Shareholding3.3%4.78 Cr
L7 Hitech Private LimitedPublic Shareholding3.1%4.38 Cr
L7 Securities Private LimitedPublic Shareholding2.5%3.52 Cr
Craft Emerging Market Fund Pcc- Elite Capital FundPublic Shareholding1.4%2.00 Cr
Bavaguthu Raghuram Shetty .Public Shareholding1.4%2.00 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
S S MallikarjunShareholding of Promoter and Promoter Group0.2%20,81,740
Indian Cane Power LimitedShareholding of Promoter and Promoter Group0.1%9,34,790
S B MurugeshShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Ganesh S S00%2026-03-31
S S Mallikarjun00%2026-03-31
Rekha Ganesh00%2026-03-31
Abhijith Ganesh Shamanur00%2026-03-31
Anchal Ganesh Shamanur00%2026-03-31
Akhil G Shamanur00%2026-03-31
Mafatlal Plywood Industries Private Limited00%2026-03-31
Indian Cane Power Limited00%2026-03-31
S B Murugesh00%2026-03-31
Beacon Stone Capital Vcc - Beacon Stone I00%2026-03-31
Craft Emerging Market Fund Pcc- Elite Capital Fund00%2026-03-31
Bavaguthu Raghuram Shetty .00%2026-03-31
Board of Directors
NameDesignationYear
SHAMANUR SHIVASHANKARAPPA GANESHChairman / Executive Director / M D / Promoter2025
ABHIJITH GANESH SHAMANURNon Executive Director2025
Swathi SharnarurNon Executive Director2025
S. Hima BinduIndependent Non Exe. Director2025
Vinita Dilip ModakIndependent Non Exe. Director2025
Achal KapoorIndependent Non Exe. Director2025
Segments — Product
SegmentRevenueShare
Sugar₹51 Cr23.5%
Co-Generation₹6 Cr2.9%
Aviation₹7 Cr3.5%
Distillery₹150 Cr69.4%
Others₹2 Cr0.8%
Segments — Geography
RegionRevenueShare
Domestic₹116 Cr78.9%
Overseas₹31 Cr21.1%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹11509494
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2024000044
2024000044
2024000044
Substantial Acquisitions (SAST)

7 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
Market26/02/2024 - 27/02/2024 · 10,27,755
Market19/02/2024 · 14,00,000
Company Information
Incorporated1970
ChairmanSHAMANUR SHIVASHANKARAPPA GANESH
AuditorD G M S & Co
Investor Email[email protected]; accounts@davangeresugar
🌐 www.davangeresugar.com ↗

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

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

DAM Capital Advisors Ltd.Damodar Industries Ltd.Dangee Dums LimitedDanish Power LimitedDatamatics Global Ser Ltd.Data Patterns India Ltd.D.B.Corp Ltd.Deepak Builders & Eng I LimitedDilip Buildcon LimitedDhampur Bio Organics Ltd.Valor Estate LimitedDB (Int) Stock BrokersAll “D” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search