A deep dive into Dalmia Bharat Sugar and Industries Limited (DALMIASUG) — examining the financials, valuation picture, and who owns the stock.
Dalmia Bharat Sugar Revenue Trend
Revenue rose 23.7% to ₹3,746 Cr in FY2025 for Dalmia Bharat Sugar and Industries Limited, against ₹3,028 Cr the year before.
Dalmia Bharat Sugar and Industries Limited has compounded revenue at 12.5% over 10 years — good, consistent top-line expansion from ₹1,150 Cr to ₹3,746 Cr.
Dalmia Bharat Sugar and Industries Limited's ₹3,746 Cr revenue base puts it in the mid-sized bracket among sugar companies in India.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,746 Cr | +23.7% |
| FY2024 | ₹3,028 Cr | -9.0% |
| FY2023 | ₹3,328 Cr | +8.0% |
| FY2022 | ₹3,082 Cr | +14.8% |
| FY2021 | ₹2,686 Cr | — |
View Dalmia Bharat Sugar and Industries Limited's full 10-year revenue trend with CAGR analysis →
Dalmia Bharat Sugar Profitability
A 41.9% improvement in net profit took Dalmia Bharat Sugar and Industries Limited's bottom line to ₹387 Cr in FY2025.
Net profit margin improved to 10.3% in FY2025 from 9.0% in FY2024, indicating better cost control.
The diluted EPS figure moved up to ₹47.78 in FY2025, against ₹33.66 posted in FY2024.
Is Dalmia Bharat Sugar Undervalued
Running the numbers through the P/E Ratio model gives a fair value of ₹531 for Dalmia Bharat Sugar and Industries Limited.
Dalmia Bharat Sugar and Industries Limited shares are currently trading at ₹331.15.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹531 | 60.4% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Dalmia Bharat Sugar and Industries Limited with detailed assumptions →
Dalmia Bharat Sugar Shareholding Pattern
Promoters continue to hold 74.9% of the company, unchanged over recent quarters.
Foreign institutional investors (FIIs) held 0.7% as of March 2026, down from 1.1% a year ago.
As of March 2026, DIIs own 0.1% of the company — up from 0.1% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 74.9% | 0.7% | 0.1% | 24.1% |
| Dec 2025 | 74.9% | 0.7% | 0.1% | 24.1% |
| Sep 2025 | 74.9% | 1.0% | 0.1% | 23.9% |
| Jun 2025 | 74.9% | 1.1% | 0.1% | 23.8% |
Track quarterly shareholding changes for Dalmia Bharat Sugar and Industries Limited →
Dalmia Bharat Sugar Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹48.63B at the end of FY2025, down 5.8% from ₹51.62B a year earlier.
Property, Plant & Equipment is the largest block at 40.5%, followed by Inventories at 34.1% and Investments at 12.0%.
Equity makes up 66.5% of liabilities and equity, with debt at 21.5% and operating liabilities at 12.0%. Over the year, debt is down 27.0% and equity is up 10.3%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 3.33B |
| Receivables | 1.32B |
| Inventories | 16.57B |
| Property, Plant & Equipment | 19.72B |
| Investments | 5.83B |
| Intangibles & Goodwill | 199.20M |
| Other Assets | 1.67B |
| Category | Value |
|---|---|
| Equity | 32.35B |
| Short-term Debt | 5.30B |
| Long-term Debt | 5.14B |
| Trade Payables | 1.99B |
| Other Liabilities | 3.85B |
Dalmia Bharat Sugar — The Bottom Line
What should investors take away from Dalmia Bharat Sugar and Industries Limited's (DALMIASUG) latest numbers? Here's the summary.
Revenue of ₹3,746 Cr in FY2025, up 23.7% year-over-year.
Long-term revenue has been compounding at 12.5% annually over 10 years.
The company is profitable, with a net margin of 10.3% and net income of ₹387 Cr.
The P/E Ratio model implies 60.4% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Dalmia Bharat Sugar and Industries Limited includes three valuation models, decade-long financials, and insider activity.