Davangere Sugar Company Ltd (DAVANGERE) — shareholding pattern, promoter holding, financials and share price
About Davangere Sugar Company Ltd (DAVANGERE)
Davangere Sugar Company Ltd operates in the Diversified FMCG industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as DAVANGERE and on the BSE under scrip code 543267. Its ISIN is INE179G01029.
Incorporated in 1970, Davangere Sugar Company is in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power [1]
Davangere Sugar Company Ltd (DSCL) is a leading sugar manufacturer, with a current crushing capacity of 4750 TCD. The company operates extensive facilities, including a 24.5-MW cogeneration unit, illustrating a well-integrated production system.
DSCL faced significant financial challenges, being declared a sick unit in 1986-87, but recovered through restructuring by 1996, showcasing resilience and strategic turnaround.
Listed peers in Diversified FMCG: Godavari Biorefineries Ltd, Sacheerome Ltd, Encompass Design India Ltd, On Door Concepts Ltd, Shanthala FMCG Products Ltd, Vasa Retail and Overseas Ltd.
Valuation & Returns
10 Jul 2026At ₹3.52 a share on 10 Jul 2026, Davangere Sugar Company Ltd (DAVANGERE) was valued at a price-to-earnings ratio of 59.22x against an industry P/E of 23.87x and a price-to-book of 1.44x on a book value of ₹2.45 per share as of Mar 2025. Solomo computes return on equity of 2.43% and return on capital employed of 6.16% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 59.22x
- Industry P/E
- 23.87x
- P/B
- 1.44x
- EPS (TTM)
- ₹0.06
- Book value / share
- ₹2.45
- ROE
- 2.43%
- ROCE
- 6.16%
- ROA
- 1.14%
- Debt / equity
- 0.77x
- Dividend yield
- 0%
- EBITDA margin
- 21.33%
- 52-week range
- ₹3.03 – ₹5.48
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Davangere Sugar Company Ltd (DAVANGERE) reported revenue of ₹239 crore, net profit of ₹9 crore and earnings per share of ₹0.06. That compares with revenue of ₹215 crore and net profit of ₹11 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹83.82 crore and net profit ₹1.95 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 124 | 280 | 217 | 215 | 239 |
| Net profit (₹ cr) | 6 | 13 | 12 | 11 | 9 |
| EPS (₹) | 0.04 | 0.09 | 0.09 | 0.08 | 0.06 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 1.17% | 20.06% | -0.71% |
| Profit growth | 39.51% | 24.41% | -10.62% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 41.63% of Davangere Sugar Company Ltd (DAVANGERE) (down 0.15 pp QoQ), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0.02%. Market capitalisation was ₹503 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2021.
Largest disclosed public shareholders in Jun 2026: Unclaimed or Suspense or Escrow Account 6.16%, DAVANGERE SUGAR COMPANY LIMITED 6.16%, ARIHANT CAPITAL MARKETS LIMITED 3.77%, CHUNGATH KARUNAKARAN PADMA KUMAR 3.42%, L7 SECURITIES PRIVATE LIMITED 2.48%, RAVI SEEDS AND RESEARCH PRIVATE LIMITED 2.24%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 41.63% | - | 0% | 0.02% | 58.37% |
| Mar 2026 | 41.78% | - | 6.99% | - | 58.22% |
| Dec 2025 | 41.78% | - | 6.99% | - | 58.22% |
| Sep 2025 | 41.64% | - | 0% | - | 58.36% |
| Jun 2025 | 47.87% | - | 0.02% | - | 52.13% |
| Mar 2025 | 52.32% | - | 0% | - | 47.68% |
| Dec 2024 | 54.26% | - | 0% | - | 45.74% |
| Sep 2024 | 54.26% | - | 0% | - | 45.74% |