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Davangere Sugar Company Limited (DAVANGERE)

Small Cap

Consumer stocks · Small cap · NSE

Davangere Sugar Company 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.

₹2.08
+0.02 · +0.97%
Market cap ₹387 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST
Details
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 06:17 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 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

34Bearish

full bear SMA stack · SMA20 +2.4% / mo · MACD − · near 52W low · sector -3.7pp vs Nifty 500 (3M)

Stock trend: 33
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

DAVANGERED candles · FIT view-42.9%
Latest close ₹2.08 on 2026-10-19
Bar
+0.0%
RSI
39
MACD hist
-0.01
52W pos
9%
Visible chart range
Candle interval
2026-10-19O ₹2.08H ₹2.13L ₹2.01C ₹2.08Vol 57.5L sh
₹1.60₹2.38₹3.17₹3.95₹4.7352L₹2.082026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
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

DAVANGERENifty Consumer DurablesNifty 500
-53%-33%-12%+8%20 Jul1 Sept19 Oct19 Oct 2026DAVANGERE -38.5%Nifty Consumer Durabl… -9.7%Nifty 500 -5.6%
DAVANGERE
-38.5%
Nifty 500
-5.6%
Nifty Consumer Durables
-9.7%
Vs Nifty 500
-32.9 pp
Chart stats
19 Oct 2026
From 52W high
-62.2%
₹5.5
52W range position
9%
₹1.7 - ₹5.5
ATR (14)
6.6%
₹0.1
Volume vs 20D
0.61x
Latest completed session
Avg traded value
₹2.2 Cr
20-session average
20D price channel
₹2 - ₹2.6
57.8% 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 argues for patience, 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 · OVERVALUED
29

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
0

Revenue +44.3% · PAT -27.7% YoY

Technical
Bearish
34

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-4.1%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
55

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

PAT -28% YoY · margin compression · Rev +44% YoY

Filed 14 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹34.7 Cr+44.3%-58.6%
EBITDA₹11.2 Cr-2.0%+32.2%
Operating margin32.1%-1518 bps+2207 bps
PAT₹0.9 Cr-27.7%-51.8%
PAT margin2.7%-269 bps+38 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
47.50
P/B
0.65
EV/EBITDA
10.44
Market Cap
387.00Cr

Profitability

ROE
1.99%
ROCE
5.52%
ROA
0.95%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
11.00%
EPS 5Y
28.00%
Revenue 3Y
-5.00%
EPS 3Y
-14.00%

Balance Sheet

Debt/Equity
0.50
Interest Coverage
1.78×
Altman Z
2.00
Book Value
3.53

Cash Flow

FCF Yield
—
FCF Positive Y
5/5
OCF
-47.00 Cr
EPS TTM
0.06

Shareholding

Promoter Hold
35.10%
Promoter Pledge
0.00%
Momentum 52W
15%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 34.7-58.6% vs prev
083.8Sep 2023: 26.9Dec 2023: 78.3Mar 2024: 63.6Jun 2024: 45.6Sep 2024: 39.3Dec 2024: 73.2Mar 2025: 56.9Jun 2025: 24.1Sep 2025: 48.2Dec 2025: 82.7Mar 2026: 83.8Jun 2026: 34.7Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: 0.9-51.8% vs prev
06.8Sep 2023: 1.0Dec 2023: 5.6Mar 2024: 4.5Jun 2024: 0.9Sep 2024: 1.3Dec 2024: 6.8Mar 2025: 1.9Jun 2025: 1.3Sep 2025: 2.6Dec 2025: 2.6Mar 2026: 1.9Jun 2026: 0.9Q2 23Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
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

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 39. Wait for confirmation.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 rising (~2.3% over last month) — short-term momentum positive.
  • RSI(14) at 39 — falling, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 62% off 52W high · 20% 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.

Nifty 500 leadership

Relative Strength & Trend Stage

5
RS percentile
Stage 4 Downtrend
1M return
+1.0%
3M return
-38.5%
6M return
-43.0%
1Y return
-44.8%
RS 1D
0
RS 20D
+2
Sector rank
#9
Industry rank
#35
Stage evidence
  • Price is 35.6% below the 30-week proxy.
  • The 50-DMA is below the 30-week proxy and its slope is falling -6.7%.
  • Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 56.4+2.01%
416590114139Sept 25Feb 26Jun 26Oct 2656
RS vs Nifty 50056

Valuation & peers

U-Score 29 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

29U-SCORE
OVERVALUED

Fundamental score breakdown

U band · OVERVALUED
Valuation5/30
Growth16/25
Quality0/20
Balance Sheet4/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
-2
Raw sum
29

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

29/100 · legacy band OVERVALUED

Positive drivers

  • Growth contributes 16/25 to the score.
  • Cash flow contributes 3/10 to the score.
  • Balance sheet contributes 4/15 to the score.

Main drags

  • Penalty bucket subtracts 2 points.
  • Fair-value margin of safety is negative at -4.1%.
  • Quality is weaker at 0/20; 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.

Cyclical normalized
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
47.5
PB
0.7
EV/EBITDA
10.4
ROE
2.0%
ROCE
5.5%
FCF Yield
—
Debt/Equity
0.5
MoS
-4.1%
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: 20 Oct 2026
v4.3-runtime-valuation
Final score
29
Previous: 29
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-4.1%
Previous: -4.1%

Score history

12 stored score snapshots. Latest stored move: -2 points.

20 Oct 2026
v4.3-runtime-valuation
28
28
28
28
28
28
28
29
31
31
31
29

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
₹2.18
+4.7% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹2
-4.1% MoS
PEG
1.70

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.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
DCMSRIND
Small
DCM Shriram Industries Limited
Agro Processing
match 90
59
5.6
11.8%
+15%
FAIR VALUE
KAKATCEM
Small
Kakatiya Cement Sugar & Industries Limited
Agro Processing
match 89
11
—
-8.5%
—
OVERVALUED
DWARKESH
Small
Dwarikesh Sugar Industries Limited
Agro Processing
match 86
23
56.3
3.8%
-2261%
OVERVALUED
MAGADSUGAR
Small
Magadh Sugar & Energy Limited
Agro Processing
match 86
56
14.7
7.4%
+53%
FAIR VALUE
DBOL
Small
Dhampur Bio Organics Limited
Agro Processing
match 84
62
32.3
2.6%
+69%
UNDERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Davangere Sugar Company 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
55Limited 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 16th percentile of the scored universe and 18th percentile within Consumer. Main check: financial discipline is weak at 40/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
4 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
16th percentile

overall median 67 · Consumer: 18th pctile, median 66 · Small: 18th pctile, median 66

Evidence depth
Financial-only

4 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 confidence
What 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
Needs extra due diligence; demand valuation comfort and recent improvement.

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
78
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
59
watch · leverage and solvency
Discipline
40
weak · capital discipline
Results
43
weak · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸5 years of positive FCF.
  • ▸4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • ▸Operating cash flow is negative at ₹-47 Cr.
  • ▸2 latest quarters had PAT decline worse than 25% YoY.
  • ▸Interest coverage is 1.8x.
  • ▸ROCE is low at 5.6%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

12 shown
AnnouncementSep 2026

Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Intimation for Newspaper Publication of Notice of the Annual General Meeting ("AGM") of the Company scheduled to be held on September 12, 2026 at 11:00 …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Intimation regarding publication of corrigendum to the Notice of AGM in Newspaper.

Source: Bse

Open source ↗
AnnouncementAug 2026

Aug 2026 · Announcement under Regulation 30 (LODR)-Allotment 25 Aug - August 25, 2026: Board allotted 26.59 crore shares on USD 10 million FCCB conversion.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Change in Management 5 Aug - Board approved reappointment of D G M S & Co. as statutory auditor for 2026-27 to 2030-31.

Source: Bse

Open source ↗
AnnouncementJun 2026

Jun 2026 · Announcement Under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Newspaper publication of the Unaudited Financial Results for the quarter ended June 30, 2026

Source: Bse

Open source ↗
AnnouncementMar 2026

Mar 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun - Newspaper publication of the Audited Financial Results for the quarter and year ended March 31, 2026.

Source: Bse

Open source ↗
AnnouncementMar 2026

Mar 2026 · Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May - Submitted Annual Secretarial Compliance Report for year ended 31 March 2026.

Source: Bse

Open source ↗
Investor presentationAug 2025

Aug 2025 · PPT

Source: Bse

Open source ↗
Investor presentationAug 2025

Aug 2025 · PPT

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.