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Dwarikesh Sugar Industries DWARKESH.NS · INR

Consumer Staples · NSE · 🇮🇳 India

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42.95

+0.80%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹14.02bn

FY2017FY2026

Net income

₹308.4m

FY2017FY2026

Free cash flow

₹1.13bn

FY2017FY2026

Shareholders' equity

₹8.29bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹14.02bn₹13.59bn₹17.10bn₹21.03bn₹19.74bn₹18.39bn₹13.36bn₹10.84bn₹14.30bn₹11.90bn
Research and development——₹12.6m₹15.3m₹11.3m₹9.4m——₹18.1m₹23.6m
Operating income₹501.4m₹645.4m₹1.52bn₹1.63bn₹2.49bn₹1.64bn₹1.31bn₹1.30bn₹1.13bn₹2.56bn
Net income₹308.4m₹233.4m₹835.2m₹1.05bn₹1.55bn₹915.4m₹734.5m₹951.1m₹1.01bn₹1.58bn
Diluted earnings per share1.671.264.525.568.244.853.935.045.388.41

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹12.98bn₹14.63bn₹14.15bn₹12.80bn₹14.20bn₹14.45bn₹16.09bn₹13.65bn₹9.86bn₹10.56bn
Cash and short-term investments₹158.3m₹832.0m₹7.7m₹6.7m₹2.3m₹3.5m₹19.2m₹5.1m₹24.7m₹9.6m
Total liabilities₹4.69bn₹6.57bn₹5.93bn₹5.40bn₹7.46bn₹8.67bn₹11.26bn₹9.02bn₹6.20bn₹7.39bn
Debt₹3.36bn₹5.07bn₹4.56bn₹3.75bn₹5.23bn₹6.07bn₹8.28bn₹6.52bn₹3.40bn₹5.18bn
Shareholders' equity₹8.29bn₹8.06bn₹8.22bn₹7.40bn₹6.73bn₹5.79bn₹4.84bn₹4.64bn₹3.66bn₹3.17bn
Shares outstanding185m185m185m188m188m189m187m189m188m189m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹1.20bn₹494.3m₹133.7m₹3.14bn₹3.52bn₹2.96bn₹113.0m−₹2.50bn₹2.98bn₹1.55bn
Capital spending−₹70.4m−₹124.2m−₹507.8m−₹986.8m−₹1.75bn−₹194.8m−₹1.12bn−₹480.5m−₹416.4m−₹54.8m
Free cash flow₹1.13bn₹370.1m−₹374.1m₹2.15bn₹1.77bn₹2.76bn−₹1.01bn−₹2.98bn₹2.57bn₹1.50bn
Dividends paid−₹92.7m——−₹376.6m−₹612.0m−₹235.4m−₹454.0m−₹415.3m−₹226.6m−₹182.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹3.58bn₹4.25bn₹3.25bn₹2.46bn₹4.05bn₹4.59bn₹3.13bn₹2.46bn
Operating income−₹333.4m₹865.8m₹251.9m−₹534.9m−₹81.4m₹950.9m₹184.8m−₹334.0m
Net income−₹257.3m₹574.1m₹154.3m−₹326.2m−₹93.8m₹463.3m₹107.3m−₹240.0m
Diluted earnings per share-1.393.100.83-1.76-0.512.500.58-1.30
Cash from operations———₹5.59bn—₹606.0m—₹4.72bn
Capital spending———−₹47.0m—−₹124.0m—−₹107.0m
Free cash flow———₹5.54bn—₹482.0m—₹4.61bn
Total assets—₹12.98bn—₹10.28bn—₹14.63bn—₹10.50bn
Cash and short-term investments₹133.0m₹158.3m₹2.87bn₹2.89bn₹822.5m₹832.0m₹2.16bn₹2.16bn
Debt—₹3.35bn—₹1.75bn—₹5.09bn—₹2.23bn
Shareholders' equity₹8.29bn₹8.29bn₹7.55bn₹7.55bn₹8.06bn₹8.06bn₹7.49bn₹7.49bn

Financial ratios

Data as of 11 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2018FY2017
Operating margin4.1%5.2%9.6%8.4%12.5%8.8%——
Net margin2.2%1.7%4.9%5.0%7.9%5.0%——
Return on equity3.7%2.9%10.2%14.2%23.1%15.8%——
Return on assets2.4%1.6%5.9%8.2%10.9%6.3%——
Free cash flow yield15.4%7.5%7.8%49.1%62.8%37.4%——
Revenue growth3.2%-20.5%-18.7%6.5%7.4%37.6%——
Earnings growth32.1%-72.1%-20.3%-32.5%69.6%24.6%——
Current ratio2.33x1.90x2.16x2.30x1.62x1.41x——
Debt to equity0.41x0.63x0.55x0.50x0.78x1.05x——
Equity ratio63.9%55.1%58.1%57.8%47.4%40.1%——
Interest coverage3.88x3.83x8.12x6.67x9.00x3.82x——
R&D as a share of sales——0.1%0.1%0.1%0.1%0.1%0.2%
Buybacks as a share of market value0.1%-0.2%1.8%0.0%0.2%-1.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-12.6%-5.3%5.8%
Operating income-32.5%-21.1%-4.5%
Net income-33.5%-19.6%-2.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.2%6.5%8.1%9.6%
Net margin2.0%3.7%4.7%5.9%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings26.530.112.415.612.714.77.96.64.15.6
Price to sales0.60.50.60.81.00.70.40.60.30.8

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 12 Aug 2025.

FY2026FY2023FY2022FY2020FY2018FY2010FY2007FY2006
Paid in the year0.502.003.252.001.000.150.600.60
  • 10-for-1 split · 10 Aug 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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