Dwarikesh Sugar Industries Ltd (DWARKESH) — shareholding pattern, promoter holding, financials and share price
About Dwarikesh Sugar Industries Ltd (DWARKESH)
Dwarikesh Sugar Industries Ltd operates in the Sugar industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as DWARKESH and on the BSE under scrip code 532610. Its ISIN is INE366A01041.
Dwarikesh Sugar Industries Ltd is primarily engaged in manufacturing of sugar and allied products. It has strong presence in fields such as sugar manufacturing, power and ethanol/ industrial alcohol production. [1] It is also a bio-energy company with supporting businesses of sugar manufacture and power co-generation.
Dwarikesh Sugar Industries Limited is an integrated sugar producer operating three Uttar Pradesh plants that manufacture sugar, co‑generate renewable power and produce industrial alcohol/ethanol; aggregate capacities include 21,500 TCD sugar crushing, ~94 MW cogeneration and combined distillery capacity of c.337.5 KLPD, supplying sugar, ethanol and surplus power to domestic markets.
Q3 FY26 showed a marked operational recovery: Total income of INR 3,281.6 million, EBITDA of INR 406.8 million and PAT of INR 154.4 million driven by resumption of crushing and higher domestic realizations, while 9M FY26 remained loss making (PAT -INR 265.7 million) due to earlier season cessation and under‑absorption of fixed overheads.
Listed peers in Sugar: Avadh Sugar & Energy Ltd, Dhampur Sugar Mills Ltd, Uttam Sugar Mills Ltd, Zuari Industries Ltd, Dhampur Bio Organics Ltd, Magadh Sugar & Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹42.69 a share on 10 Jul 2026, Dwarikesh Sugar Industries Ltd (DWARKESH) was valued at a price-to-earnings ratio of 25.64x against an industry P/E of 33.81x and a price-to-book of 0.98x on a book value of ₹43.51 per share as of Mar 2025. Solomo computes return on equity of -5.45% and return on capital employed of 0.7% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2009 to Sep 2010.
- P/E
- 25.64x
- Industry P/E
- 33.81x
- P/B
- 0.98x
- EPS (TTM)
- ₹-2.37
- Book value / share
- ₹43.51
- ROE
- -5.45%
- ROCE
- 0.7%
- ROA
- -3%
- Debt / equity
- 0.63x
- Dividend yield
- 1.17%
- EBITDA margin
- 6.71%
- 52-week range
- ₹32.14 – ₹53.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 5.61% | 0.34% | -11.77% | -20.51% |
| Profit growth | -5.54% | -20.49% | -46.83% | -72.05% |
| Stock price CAGR | 6% | -10% | -22% | -11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 42.14% of Dwarikesh Sugar Industries Ltd (DWARKESH) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.01% and domestic institutional investors (DII) hold 0.75%. Market capitalisation was ₹791 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2004.
Largest disclosed public shareholders in Jun 2026: HUF 1.66%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 42.14% | - | 1.01% | 0.75% | 57.86% |
| Mar 2026 | 42.14% | - | 1.68% | 0.22% | 57.86% |
| Dec 2025 | 42.1% | - | 1.69% | 0.11% | 57.9% |
| Sep 2025 | 42.1% | - | 1.74% | 0% | 57.9% |
| Jun 2025 | 42.1% | - | 1.9% | 0% | 57.9% |
| Mar 2025 | 42.1% | - | 2% | 0.03% | 57.9% |
| Dec 2024 | 42.1% | - | 1.64% | 0% | 57.9% |
| Sep 2024 | 42.1% | - | 2.32% | 0% | 57.9% |