Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Aug - Announcement under Regulation 30 and 47 of SEBI (LODR) for Newspaper Publication.
Source: Bse
Dalmia Bharat Sugar and Industries Limited (DALMIASUG)
Small CapConsumer stocks · Small cap · NSE
Dalmia Bharat Sugar and Industries Limited operates in Sugar, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:01 am IST
Score22 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
48NeutralMACD + · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 60
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
DALMIASUGD candles · FIT view+20.9%Latest close ₹455.20 on 2026-10-21
Bar
-1.8%
RSI
53
MACD hist
3.23
52W pos
75%
2026-10-21O ₹463.70H ₹463.70L ₹439.05C ₹455.20Vol 3.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DALMIASUGNifty Consumer DurablesNifty 500
- DALMIASUG
- +22.9%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- +29.4 pp
Chart stats
21 Oct 2026- From 52W high
- -12.5%
- 52W range position
- 75%
- ATR (14)
- 5.5%
- Volume vs 20D
- 0.63x
- Avg traded value
- ₹22.9 Cr
- 20D price channel
- ₹384.8 - ₹503.9
₹520
₹261.4 - ₹520
₹25.2
Latest completed session
20-session average
66.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED31
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -9.8% · PAT -82.4% YoY
Technical
Neutral48
Price trend and sector-relative-strength timing.
Valuation
Legacy model-206.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence61
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -10% YoY · PAT -82% YoY · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹848.2 Cr | -9.8% | -14.4% |
| EBITDA | ₹43.3 Cr | -51.7% | -74.6% |
| Operating margin | 5.1% | -443 bps | -1207 bps |
| PAT | ₹6.9 Cr | -82.4% | -93.3% |
| PAT margin | 0.8% | -336 bps | -964 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 17.00
- P/B
- 1.07
- EV/EBITDA
- 10.20
- Market Cap
- 3479.00Cr
Profitability
- ROE
- 7.30%
- ROCE
- 8.18%
- ROA
- 3.68%
- Dividend Y
- 1.39%
Growth (CAGR)
- Revenue 5Y
- 6.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- -2.00%
Balance Sheet
- Debt/Equity
- 0.56
- Interest Coverage
- 5.12×
- Altman Z
- 2.81
- Book Value
- 401.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- 219.00 Cr
- EPS TTM
- 25.35
Shareholding
- Promoter Hold
- 74.92%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 65%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 848-14.4% vs prev
Net Profit
₹ CrLatest: 6.9-93.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 53.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 53 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 12% off 52W high · 74% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation9/30
Growth3/25
Quality0/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
31
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
31/100 · legacy band OVERVALUED
Positive drivers
- Piotroski is strong at 7/9.
- Balance sheet contributes 10/15 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Fair-value margin of safety is negative at -206.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 3/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
17.0
PB
1.1
EV/EBITDA
10.2
ROE
7.3%
ROCE
8.2%
FCF Yield
—
Debt/Equity
0.6
MoS
-206.0%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 22 Oct 2026
v4.3-runtime-valuation
Final score
31
Previous: 31
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-206.0%
Previous: -206.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
22 Oct 2026
v4.3-runtime-valuation
33
33
27
27
27
27
27
27
27
31
31
31
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹478.25
+4.8% MoS
Growth-justified P/E
5.9
Growth-justified Value
₹148.8
-206.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BANARISUG
Small
Bannari Amman Sugars Limited
Agro Processing
match 96
30
34.0
7.3%
-74%
OVERVALUED
BAJAJHIND
Small
Bajaj Hindusthan Sugar Limited
Agro Processing
match 94
40
36.8
24.4%
-229%
WATCHLIST
DHAMPURSUG
Small
Dhampur Sugar Mills Limited
Agro Processing
match 91
28
16.2
5.5%
-736%
OVERVALUED
ANDHRSUGAR
Small
The Andhra Sugars Limited
Agro Processing
match 90
48
10.6
6.1%
-120%
FAIR VALUE
DWARKESH
Small
Dwarikesh Sugar Industries Limited
Agro Processing
match 90
23
56.3
3.8%
-2351%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Dalmia Bharat Sugar and Industries Limited operates in Sugar, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
61Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 32nd percentile of the scored universe and 34th percentile within Consumer. Main check: results consistency is weak at 15/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
11 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
32nd percentile
overall median 67 · Consumer: 34th pctile, median 66 · Small: 36th pctile, median 66
Evidence depth
Financial-only
11 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
52
watch · capital discipline
Results
15
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 74.9%.
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROE is low at 7.3%.
- ▸1/4 latest quarters had positive YoY revenue growth.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Dalmia Bharat Sugar and Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 14 Jul - Board approved Tanzania sugar project costing US$132 million and US$19.7 million additional EAHL investment on July 14, 2026.
Source: Bse
Annual reportJul 2026
Jul 2026 · Dispatch Of Notice Of Annual General Meeting & Annual Report And Web-Link Of The Integrated Annual Report For The Financial Year 2025-26 Of The Company. 17 Jun - FY2025-26 annual report dispatched; 74th AGM on 10 July 2026 via VC/OAVM.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 Jul - Board approved Tanzania integrated sugar project via EATL; estimated cost US$132 million.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Aug - Q1 FY27 results released; Tanzania project approved at US$132 million and Ramgarh distillery conversion approved.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Change in Management 30 Jun - Sanjeev Raghunathrao Desai, Unit Head of Ninaidevi Unit, retired effective June 30, 2026.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Change in Management 25 Jun - Kuldeep Kumar resigned as Jawaharpur Unit Head effective June 25, 2026, due to personal reasons.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 26 Jun - CARE reaffirmed Dalmia Bharat Sugar’s ratings: AA+ Stable on ₹1,901.89 crore long-term and A1+ on ₹200 crore short-term.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Jun
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 26 May - On May 26, 2026, board approved adding biofuels, renewable fuels and green hydrogen objects, subject to approvals.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.