Dalmia Bharat Sugar and Industries Limited (DALMIASUG) - Net Assets
Based on the latest financial reports, Dalmia Bharat Sugar and Industries Limited (DALMIASUG) has net assets worth Rs32.35 Billion INR (≈ $349.85 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs55.21 Billion ≈ $597.08 Million USD) and total liabilities (Rs22.86 Billion ≈ $247.22 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Dalmia Bharat Sugar and Industries Limit tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs32.35 Billion |
| % of Total Assets | 58.59% |
| Annual Growth Rate | 11.01% |
| 5-Year Change | 37.13% |
| 10-Year Change | 365.61% |
| Growth Volatility | 34.71 |
Dalmia Bharat Sugar and Industries Limited - Net Assets Trend (2005–2026)
This chart illustrates how Dalmia Bharat Sugar and Industries Limited's net assets have evolved over time, based on quarterly financial data. See Dalmia Bharat Sugar and Industries Limit (DALMIASUG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dalmia Bharat Sugar and Industries Limited (2005–2026)
The table below shows the annual net assets of Dalmia Bharat Sugar and Industries Limited from 2005 to 2026. For live valuation and market cap data, see DALMIASUG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs32.35 Billion ≈ $349.85 Million |
+0.01% |
| 2025-03-31 | Rs32.35 Billion ≈ $349.80 Million |
+10.31% |
| 2024-03-31 | Rs29.32 Billion ≈ $317.10 Million |
+8.40% |
| 2023-03-31 | Rs27.05 Billion ≈ $292.53 Million |
+14.66% |
| 2022-03-31 | Rs23.59 Billion ≈ $255.13 Million |
+10.10% |
| 2021-03-31 | Rs21.43 Billion ≈ $231.72 Million |
+41.08% |
| 2020-03-31 | Rs15.19 Billion ≈ $164.25 Million |
-0.85% |
| 2019-03-31 | Rs15.32 Billion ≈ $165.65 Million |
+1.80% |
| 2018-03-31 | Rs15.05 Billion ≈ $162.71 Million |
+116.55% |
| 2017-03-31 | Rs6.95 Billion ≈ $75.14 Million |
+35.54% |
| 2016-03-31 | Rs5.13 Billion ≈ $55.44 Million |
+11.42% |
| 2015-03-31 | Rs4.60 Billion ≈ $49.75 Million |
-0.47% |
| 2014-03-31 | Rs4.62 Billion ≈ $49.99 Million |
+0.77% |
| 2013-03-31 | Rs4.59 Billion ≈ $49.61 Million |
+3.90% |
| 2012-03-31 | Rs4.42 Billion ≈ $47.75 Million |
+0.13% |
| 2011-03-31 | Rs4.41 Billion ≈ $47.69 Million |
-69.09% |
| 2010-03-31 | Rs14.27 Billion ≈ $154.29 Million |
+11.78% |
| 2009-03-31 | Rs12.76 Billion ≈ $138.02 Million |
+8.95% |
| 2008-03-31 | Rs11.71 Billion ≈ $126.69 Million |
+55.07% |
| 2007-03-31 | Rs7.55 Billion ≈ $81.70 Million |
+75.70% |
| 2006-03-31 | Rs4.30 Billion ≈ $46.50 Million |
+19.24% |
| 2005-03-31 | Rs3.61 Billion ≈ $39.00 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dalmia Bharat Sugar and Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs161.90 Million | 0.50% |
| Other Components | Rs32.26 Billion | 99.50% |
| Total Equity | Rs32.42 Billion | 100.00% |
Dalmia Bharat Sugar and Industries Limited Competitors by Market Cap
The table below lists competitors of Dalmia Bharat Sugar and Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$297.20 Million |
|
Computer Direct
TA:CMDR
|
$297.53 Million |
|
Bleichroeder Acquisition Corp. II Class A Ordinary Shares
NASDAQ:BBCQ
|
$297.56 Million |
|
Jiangsu Fengshan Group Co Ltd
SHG:603810
|
$297.59 Million |
|
Ajmera Realty & Infra India Limited
NSE:AJMERA
|
$297.13 Million |
|
Newron Pharmaceuticals SpA
SW:NWRN
|
$297.11 Million |
|
Duopharma Biotech Bhd
KLSE:7148
|
$297.06 Million |
|
Vardhman Special Steels Limited
NSE:VSSL
|
$296.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dalmia Bharat Sugar and Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 32,345,100,000 to 32,424,200,000, a change of 79,100,000 (0.2%).
- Net income of 2,367,100,000 contributed positively to equity growth.
- Dividend payments of 485,600,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,658,500,000.
- Other factors increased equity by 2,856,100,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.37 Billion | +7.3% |
| Dividends Paid | Rs485.60 Million | -1.5% |
| Other Comprehensive Income | Rs-4.66 Billion | -14.37% |
| Other Changes | Rs2.86 Billion | +8.81% |
| Total Change | Rs- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares Dalmia Bharat Sugar and Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.92x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs57.35 | Rs339.45 | x |
| 2006-03-31 | Rs59.71 | Rs339.45 | x |
| 2007-03-31 | Rs96.27 | Rs339.45 | x |
| 2008-03-31 | Rs146.44 | Rs339.45 | x |
| 2009-03-31 | Rs157.74 | Rs339.45 | x |
| 2010-03-31 | Rs176.26 | Rs339.45 | x |
| 2011-03-31 | Rs54.48 | Rs339.45 | x |
| 2012-03-31 | Rs54.55 | Rs339.45 | x |
| 2013-03-31 | Rs56.67 | Rs339.45 | x |
| 2014-03-31 | Rs57.11 | Rs339.45 | x |
| 2015-03-31 | Rs56.84 | Rs339.45 | x |
| 2016-03-31 | Rs63.33 | Rs339.45 | x |
| 2017-03-31 | Rs85.84 | Rs339.45 | x |
| 2018-03-31 | Rs185.89 | Rs339.45 | x |
| 2019-03-31 | Rs189.24 | Rs339.45 | x |
| 2020-03-31 | Rs187.64 | Rs339.45 | x |
| 2021-03-31 | Rs264.73 | Rs339.45 | x |
| 2022-03-31 | Rs291.46 | Rs339.45 | x |
| 2023-03-31 | Rs334.19 | Rs339.45 | x |
| 2024-03-31 | Rs362.27 | Rs339.45 | x |
| 2025-03-31 | Rs399.60 | Rs339.45 | x |
| 2026-03-31 | Rs398.88 | Rs339.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dalmia Bharat Sugar and Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.54%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.70x
- Recent ROE (7.30%) is below the historical average (11.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.05% | 7.25% | 0.42x | 2.98x | Rs-34.33 Million |
| 2006 | 19.91% | 15.04% | 0.40x | 3.32x | Rs426.17 Million |
| 2007 | 30.32% | 23.22% | 0.41x | 3.15x | Rs1.53 Billion |
| 2008 | 31.60% | 24.90% | 0.43x | 2.97x | Rs2.52 Billion |
| 2009 | 11.06% | 8.05% | 0.39x | 3.54x | Rs135.46 Million |
| 2010 | 12.42% | 8.23% | 0.42x | 3.59x | Rs345.55 Million |
| 2011 | 0.85% | 0.57% | 0.50x | 3.01x | Rs-403.26 Million |
| 2012 | 0.21% | 0.13% | 0.48x | 3.35x | Rs-432.31 Million |
| 2013 | 4.00% | 1.84% | 0.60x | 3.64x | Rs-275.01 Million |
| 2014 | 0.66% | 0.26% | 0.69x | 3.72x | Rs-431.75 Million |
| 2015 | 0.32% | 0.13% | 0.63x | 3.99x | Rs-445.16 Million |
| 2016 | 11.39% | 5.01% | 0.57x | 4.02x | Rs71.39 Million |
| 2017 | 26.22% | 10.81% | 0.73x | 3.33x | Rs1.13 Billion |
| 2018 | 8.13% | 5.46% | 0.77x | 1.94x | Rs-281.55 Million |
| 2019 | 11.44% | 8.68% | 0.63x | 2.08x | Rs219.80 Million |
| 2020 | 12.72% | 9.49% | 0.59x | 2.26x | Rs413.15 Million |
| 2021 | 12.62% | 10.83% | 0.67x | 1.74x | Rs560.71 Million |
| 2022 | 12.52% | 10.13% | 0.76x | 1.62x | Rs594.52 Million |
| 2023 | 9.24% | 7.71% | 0.85x | 1.41x | Rs-204.25 Million |
| 2024 | 9.29% | 9.40% | 0.56x | 1.76x | Rs-207.46 Million |
| 2025 | 11.96% | 10.32% | 0.77x | 1.50x | Rs632.99 Million |
| 2026 | 7.30% | 6.54% | 0.66x | 1.70x | Rs-875.32 Million |
Industry Comparison
This section compares Dalmia Bharat Sugar and Industries Limited's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $4,012,848,730
- Average return on equity (ROE) among peers: 10.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dalmia Bharat Sugar and Industries Limited (DALMIASUG) | Rs32.35 Billion | 9.05% | 0.71x | $297.13 Million |
| Avadh Sugar & Energy Limited (AVADHSUGAR) | $5.09 Billion | 23.57% | 4.13x | $98.07 Million |
| Bannari Amman Sugars Limited (BANARISUG) | $2.10 Billion | 20.74% | 2.16x | $488.42 Million |
| DCM Shriram Industries Limited (DCMSRIND) | $7.17 Billion | 8.39% | 1.72x | $36.53 Million |
| Dhampur Sugar Mills Limited (DHAMPURSUG) | $11.01 Billion | 12.20% | 1.14x | $100.56 Million |
| Dharani Sugars&Chemicals Limited (DHARSUGAR) | $-1.66 Billion | 0.00% | 0.00x | $3.07 Million |
| Dwarikesh Sugar Industries Limited (DWARKESH) | $1.15 Billion | -5.06% | 4.43x | $90.12 Million |
| KCP Sugar and Industries Corporation Limited (KCPSUGIND) | $2.51 Billion | 13.20% | 1.04x | $27.75 Million |
| Kothari Sugars And Chemicals Limited (KOTARISUG) | $1.30 Billion | 8.61% | 1.86x | $24.16 Million |
| Magadh Sugar & Energy Limited (MAGADSUGAR) | $7.46 Billion | 15.61% | 1.16x | $69.43 Million |
About Dalmia Bharat Sugar and Industries Limited
Dalmia Bharat Sugar and Industries Limited engages in the sugar business in India and internationally. It operates through Own Manufactured Sugar, Distillery, and Others segments. The company offers refined sugar and double sulphitation sugars; by-products, such as bagasse and molasses to generate power; alcohol-based hand sanitizers; and sulphur free white crystal sugar and natural brown sugar u… Read more