Davangere Sugar Company Limited

BSE: DAVANGERE543267ISIN INE179G01029

Fast Moving Consumer Goods
Diversified FMCG
BSE Fast Moving Consumer Goods

Share price

₹1.98+0.01 (+0.51%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹5.48
52W low: ₹1.74
Off 52W high: -63.87%
1M return: -13.54%
3M return: -36.54%
6M return: -46.77%
1Y return: -46.92%
20D avg volume: 4,62,081
50 DMA: ₹2.16
200 DMA: ₹3.40

Key ratios Standalone

Market cap: ₹335.79 Cr
Current price: ₹1.98
52W high / low: ₹5.48 / ₹1.74
Face value: ₹1.00
P/E: 33.00
P/B: 0.83
EPS (TTM): ₹0.06
Book value / share: ₹2.39
ROE: 2.38%
ROCE: 6.40%
Operating margin: 33.55%
Net margin: 2.70%
Debt / equity: 0.50
Net debt: ₹243.48 Cr
Interest cover: 1.40
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 351.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	34.72	83.82	82.69	48.19	24.07	56.91	73.18	39.33	45.57	63.57	78.31	26.92
	0.49	0.67	0.62	0.58	0.46	0.57	0.41	0.45	0.35	1.87	0.53	0.32
	35.20	84.49	83.31	48.77	24.53	57.48	73.58	39.78	45.92	65.44	78.84	27.24
	33.92	83.08	78.78	45.44	22.81	55.23	66.12	37.99	44.56	60.85	71.92	25.70
	12.30	47.70	86.30	6.50	10.65	42.56	52.69	29.78	8.46	9.76	80.76	16.75
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.95	2.32	2.23	1.78	1.90	1.29	2.60	2.11	2.36	1.66	2.81	1.97
	7.19	4.53	6.33	9.44	6.95	4.32	8.16	10.24	5.47	4.66	6.64	7.37
	3.18	3.18	3.17	3.18	3.18	3.68	3.00	3.03	2.98	3.28	2.89	2.89
	6.11	6.25	11.41	14.79	4.63	11.29	6.33	7.45	3.14	2.54	7.54	6.97
	1.28	1.41	4.53	3.33	1.73	2.25	7.46	1.79	1.36	4.60	6.91	1.54
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	1.28	1.41	4.53	3.33	1.73	2.25	7.46	1.79	1.36	4.60	6.91	1.54
	0.34	-0.54	1.90	0.70	0.42	0.30	0.69	0.50	0.42	0.04	1.30	0.57
	0.94	1.95	2.62	2.63	1.30	1.94	6.77	1.28	0.94	4.55	5.61	0.97
	0.01	0.01	0.01	0.18	0.14	0.22	0.72	0.14	0.10	0.48	0.60	0.10
Key metrics
	11.65	9.12	14.03	15.95	11.86	10.25	18.62	15.06	9.81	12.54	16.44	11.80
	33.60%	10.90%	17.00%	33.10%	49.30%	18.00%	25.40%	38.30%	21.50%	19.70%	21.00%	43.80%
	2.70%	2.30%	3.20%	5.50%	5.40%	3.40%	9.30%	3.30%	2.10%	7.20%	7.20%	3.60%
	—	1.00%	—	2.10%	—	1.40%	—	—	—	—	—	—
	44.20%	47.30%	13.00%	22.50%	-47.20%	-10.50%	-6.60%	46.10%	—	—	—	—
	-27.70%	0.50%	-61.30%	105.50%	38.30%	-57.40%	20.70%	32.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	249.42	238.77	214.99	216.53	279.94	124.23
	2.36	2.33	1.77	6.44	0.64	0.23
	251.77	241.10	216.76	222.97	280.58	124.47
	241.22	230.11	203.90	208.51	262.90	117.80
	152.80	151.15	133.49	107.53	136.32	130.22
	0.00	0.00	0.00	—	—	—
	8.28	8.23	8.36	8.46	8.53	7.48
	27.49	27.25	28.19	25.35	27.13	19.09
	12.71	12.70	12.70	11.96	11.56	8.88
	38.56	37.08	35.57	23.54	26.46	14.95
	10.55	10.99	12.86	14.45	17.68	6.67
	0.00	0.00	0.00	—	—	—
	10.55	10.99	12.86	14.45	17.68	6.67
	2.40	2.48	1.92	2.21	4.46	0.99
	8.14	8.51	10.94	12.24	13.21	5.68
	0.21	0.05	1.15	1.30	1.48	1.02
Key metrics
	50.75	50.94	53.75	51.76	56.37	34.64
	20.35%	21.30%	25.00%	23.90%	20.10%	27.90%
	3.26%	3.60%	5.10%	5.70%	4.70%	4.60%
	—	6.40%	8.50%	—	—	—
	28.91%	11.10%	-0.70%	-22.70%	125.30%	—
	-27.90%	-22.20%	-10.60%	-7.30%	132.60%	—
	—	-70.94	-7.01	—	—	—
	—	-8.31	-0.36	—	—	—
	—	0.50	0.77	—	—	—
	—	243.48	267.37	—	—	—
	—	351.2	246.5	—	—	—
Balance sheet
	—	839.35	742.68	—	—	—
	—	477.27	368.77	—	—	—
	—	6.57	3.38	—	—	—
	—	35.01	28.82	—	—	—
	—	210.45	144.53	—	—	—
	—	336.80	349.40	—	—	—
	—	15.71	28.15	—	—	—
	—	242.92	258.33	—	—	—
	—	250.05	270.75	—	—	—
	—	217.55	223.37	—	—	—
	—	32.50	47.38	—	—	—
	—	504.81	349.82	—	—	—
Cash flow
	—	-70.74	-3.92	—	—	—
	—	-0.97	3.15	—	—	—
	—	51.29	0.74	—	—	—
	—	0.20	-3.09	—	—	—

Compounded growth

Sales CAGR 3Y: -5.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: -13.63%
Profit CAGR 5Y: —
Sales YoY (TTM): +28.91%
Profit YoY (TTM): -27.90%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 41.63%

Quarter	September 2026	June 2026
Promoter %	41.63%	35.11%

Holder	Type	Holding	Previous	Change
GANESH S S	Promoter	24.99%	21.08%	+3.91%
DAVANGERE SUGAR COMPANY LIMITED	Public	6.16%	—	—
MAFATLAL PLYWOOD INDUSTRIES PRIVATE LIMITED	Promoter Group	5.59%	4.72%	+0.87%
ABHIJITH GANESH SHAMANUR	Promoter	4.84%	4.08%	+0.76%
REKHA GANESH .	Promoter	4.39%	3.70%	+0.69%
BAVAGUTHU RAGHURAM SHETTY	Public	1.40%	1.18%	+0.22%
CITADEL SECURITIES INDIA MARKETS PVT LTD	Public	1.30%	—	—
ANCHAL GANESH SHAMANUR	Promoter	1.05%	0.88%	+0.17%
AKHIL G SHAMANUR	Promoter	0.70%	0.59%	+0.11%
INDIAN CANE POWER LIMITED	Promoter Group	0.07%	0.06%	+0.01%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hindustan Unilever Ltd.	4,63,574	1,973.00	30.76	22.20%	+6.41% TTM	+37.96% TTM	-19.34%
ITC Ltd	3,50,518	279.70	18.23	36.00%	+24.11% TTM	-45.61% TTM	-31.55%
Hindustan Foods Ltd.	6,879	567.10	44.20	13.90%	+17.98% TTM	+36.41% TTM	+6.22%
Godavari Biorefineries Limited	1,148	224.30	5,079.14	4.60%	+7.00% TTM	+101.65% TTM	-16.93%
Davangere Sugar Company Limited S	336	1.98	33.00	6.40%	+28.91% TTM	-27.90% TTM	-46.92%

Filings & corporate actions

Recent announcements

Intimation of receipt of in-principle approval for issue of warrants on preferential basis23 Oct 2026 · Company Update / General
Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018.14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure of Corrigendum/clarification to the Notice of the 55th Annual General Meeting7 Oct 2026 · Company Update / General
Intimation of Closure of Trading window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Consolidated Report of Scrutinizer on votes cast through remote e-voting and voting at the Annual General Meeting.15 Sep 2026 · AGM/EGM / AGM
Summary of 55th Annual General Meeting of the Company.12 Sep 2026 · AGM/EGM / AGM
Intimation regarding publication of corrigendum to the Notice of AGM in Newspaper.9 Sep 2026 · Company Update / Newspaper Publication
Corrigendum to the Notice of AGM dated 14th August, 2026.7 Sep 2026 · AGM/EGM / AGM
Allotment of Equity shares upon conversion of Unsecured Foreign Currency Convertible Bonds (FCCBs'')25 Aug 2026 · Company Update / Allotment of Equity Shares
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 A.M. (IST).21 Aug 2026 · Company Update / Newspaper Publication
Annual Report for FY 2025-26.20 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 55th Annual General Meeting to be held on September 12, 2026.20 Aug 2026 · AGM/EGM / AGM
Newspaper publication of the Unaudited Financial Results for the quarter ended June 30, 202615 Aug 2026 · Company Update / General
Unaudited financial results for the quarter ended June 30, 2026 as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.14 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on August 14, 2026 for consideration and approval of unaudited financial results for the quarter ended June 30, 2026 and issue of convertible warrants.14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Davangere Sugar Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve the Unaudited Financial ....11 Aug 2026 · Board Meeting / Board Meeting
Reappointment of M/s. DGMS & Co. as Statutory Auditor of the Company.5 Aug 2026 · Company Update / Change in Management
Re-appointment of M/s. D G M S and Co., Chartered Accountants, as Statutory Auditors of the Company for a period of five consecutive years commencing from the conclusion of 55th Annual ....5 Aug 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform ....28 Jul 2026 · Board Meeting / Outcome of Board Meeting
Investment in Wholly Owned Subsidiary.25 Jul 2026 · Others / Outcome without intimation
Davangere Sugar Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve the proposal for raising ....23 Jul 2026 · Board Meeting / Board Meeting
Attached the letter informing that the company has listed its FCCB on the Afrinex Stock Exchange, Mauritius.9 Jul 2026 · Company Update / General
Outcome of Board Meeting- Allotment of Unsecured Foreign Currency Convertible Bonds.9 Jul 2026 · Company Update / Allotment of Equity Shares
FCCB offering was fully subscribed in terms of offering circular8 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Out come Board Meeting held on 03rd July 2026 for Approval of Issue of FCCB3 Jul 2026 · Board Meeting / Outcome of Board Meeting
Out come Board Meeting held on 03rd July 2026 for Approval of Issue of FCCB3 Jul 2026 · Board Meeting / Outcome of Board Meeting
The Board Meeting to be held on 02/07/2026 has been revised to 03/07/2026 The Board Meeting to be held on 02/07/2026 has been revised to 03/07/202630 Jun 2026 · Company Update / Board Meeting Rescheduled
Davangere Sugar Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/07/2026 ,inter alia, to consider and approve the proposal for the ....29 Jun 2026 · Board Meeting / Board Meeting
Intimation of closure of trading window for the quarter ended June 30, 2026.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform that the Company has received in-Principle approval for FCCBs. Further, the company has Incorporated a 100% ....24 Jun 2026 · Company Update / General
Newspaper publication of the Audited Financial Results for the quarter and year ended March 31, 2026.1 Jun 2026 · Company Update / Newspaper Publication
Please find attached the Annual Secretarial Compliance Report for the Financial year ending March 31, 2026.30 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Audited Financial Results for the quarter and year ended March 31, 2026.29 May 2026 · Result / Financial Results
Board Meeting held for approval of Audited Financial Results for the quarter and year ended March 31, 2026.29 May 2026 · Board Meeting / Outcome of Board Meeting
Davangere Sugar Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve To consider and approve ....25 May 2026 · Board Meeting / Board Meeting
Appointment of Mr. Vishwanath Patil as the Company secretary and Compliance Officer of the Company wef 18th May, 2026.18 May 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Resignation of Ms. Uma Singh from the position of Company Secretary and Compliance Officer of the Company w.e.f. 15th May, 2026.15 May 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Voting Results of the EOGM along with Scrutinizer''s Report27 Apr 2026 · AGM/EGM / EGM
Submission of Summary of the proceedings of the Extra-Ordinary General Meeting held on 24th April, 2026.24 Apr 2026 · AGM/EGM / EGM

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	6 Aug 2025	6 Aug 2025	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results