Dwarikesh Sugar Key Ratios
NSE: DWARKESH | BSE: 532610
₹49.32
As on 03-Sep-2026 15:57IST
Market cap
₹914 Cr
Revenue (TTM)
₹1,355 Cr
P/E Ratio
63.1
P/B Ratio
1.1
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -15.82 | -11.67 | -4.81 | -12.58 | -5.47 |
| EBIT | -138.50 | -309.68 | -62.45 | -46.84 | -31.76 |
| Net Profit | -144.82 | -174.21 | -38.80 | -48.43 | -32.12 |
| EPS | -144.82 | -174.23 | -38.81 | -48.16 | -31.90 |
| Book Value | -- | -- | 2.79 | 4.42 | 7.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.75 | 7.51 | 1.84 | 3.58 | 4.75 |
| Net Margin
| 2.92 | 4.31 | 1.06 | 2.19 | 1.71 |
| Return on equity
| 5.78 | 11.39 | 1.83 | 3.77 | 2.87 |
| Return on Capital
| 7.97 | 12.08 | -- | 4.64 | 5.50 |
| Return on Assets
| 3.16 | 5.35 | 1.05 | 2.19 | 1.54 |
| Debt to Equity (x)
| -- | -- | 0.07 | 0.40 | 0.62 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
4.64
|
5.50
|
13.77
|
15.47
|
|
Peer Median
|
--
|
7.76
|
12.18
|
--
|
--
|
ROE
1.83
Lower than Peers by 6.29
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
1.83
|
3.77
|
2.87
|
10.70
|
14.83
|
|
Peer Median
|
8.12
|
7.30
|
10.18
|
--
|
--
|
ROA
1.05
Lower than Peers by 2.14
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
1.05
|
2.19
|
1.54
|
5.74
|
7.16
|
|
Peer Median
|
3.19
|
2.41
|
5.28
|
--
|
--
|
EBIT Margin
1.84
Lower than Peers by 3.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
1.84
|
3.58
|
4.75
|
8.92
|
7.81
|
|
Peer Median
|
4.88
|
4.88
|
4.27
|
--
|
--
|
Net Margin
1.06
Lower than Peers by 2.17
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
1.06
|
2.19
|
1.71
|
4.85
|
4.95
|
|
Peer Median
|
3.23
|
3.57
|
5.49
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
4.82
|
5.32
|
7.96
|
7.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-4.81
Lower than Peers by 3.31
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
-4.81
|
3.17
|
-20.51
|
-18.71
|
6.28
|
|
Peer Median
|
-1.50
|
1.37
|
-0.69
|
--
|
--
|
EBIT Growth
-62.45
Lower than Peers by 53.36
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
-62.45
|
-22.32
|
-57.66
|
-7.22
|
-33.50
|
|
Peer Median
|
-9.09
|
0.81
|
-16.20
|
--
|
--
|
Net Profit Growth
-38.80
Lower than Peers by 27.48
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
-38.80
|
32.15
|
-72.06
|
-20.27
|
-32.52
|
|
Peer Median
|
-11.32
|
7.28
|
-37.51
|
--
|
--
|
EPS Growth
-38.81
Lower than Peers by 33.68
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
-38.81
|
32.15
|
-71.61
|
-20.27
|
-32.52
|
|
Peer Median
|
-5.13
|
15.48
|
-14.31
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
2.79
|
-1.93
|
11.14
|
9.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.07
Lower than Peers by 0.04
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
0.07
|
0.40
|
0.62
|
0.55
|
0.50
|
|
Peer Median
|
0.10
|
0.73
|
0.80
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
0.29
|
0.44
|
0.29
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.33
Higher than Peers by 1.12
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
2.33
|
2.30
|
1.89
|
2.10
|
2.21
|
|
Peer Median
|
1.21
|
1.19
|
1.18
|
--
|
--
|
Quick Ratio
0.25
Lower than Peers by 0.12
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
0.25
|
0.27
|
0.34
|
0.26
|
0.46
|
|
Peer Median
|
0.38
|
0.29
|
0.46
|
--
|
--
|
Interest Coverage
2.71
Lower than Peers by 0.21
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
2.71
|
3.88
|
3.83
|
8.15
|
6.90
|
|
Peer Median
|
2.93
|
3.11
|
3.47
|
--
|
--
|
Operating Efficiency
Debtors to sales
3.68
Lower than Peers by 0.32
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
3.68
|
3.56
|
4.30
|
2.09
|
3.40
|
|
Peer Median
|
4.01
|
4.18
|
4.42
|
--
|
--
|
Asset Turnover
0.98
Higher than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
0.98
|
1.00
|
0.90
|
1.17
|
1.44
|
|
Peer Median
|
0.97
|
0.76
|
0.97
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
14.09
|
12.63
|
11.44
|
9.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
185.96
|
200.32
|
138.95
|
114.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
7.16
|
13.58
|
14.70
|
17.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
--
|
192.89
|
199.37
|
135.69
|
106.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
63.06
Higher than Peers by 43.82
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
63.06
|
27.57
|
29.31
|
15.67
|
15.35
|
|
Peer Median
|
19.24
|
21.01
|
23.68
|
--
|
--
|
Price / Book Value
1.14
Higher than Peers by 0.08
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
1.14
|
1.03
|
0.85
|
1.59
|
2.17
|
|
Peer Median
|
1.06
|
1.06
|
1.05
|
--
|
--
|
Dividend Yield
0.20
Higher than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
0.20
|
0.22
|
1.35
|
--
|
2.34
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
EV/EBITDA
18.73
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
18.73
|
12.42
|
9.21
|
7.97
|
8.48
|
|
Peer Median
|
--
|
17.46
|
16.90
|
--
|
--
|
Market Cap
914
Higher than Peers by 290
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Dwarikesh Sugar
|
914
|
850
|
684
|
1,309
|
1,608
|
|
Peer Median
|
624
|
607
|
470
|
--
|
--
|