Davangere Sugar Company Limited

NSE:DAVANGERE India Confectioners
Market Cap
$65.72 Million
₹5.69 Billion INR
Market Cap Rank
#25792 Global
#1356 in India
Share Price
₹3.98
Change (1 day)
+6.70%
52-Week Range
₹3.09 - ₹5.15
All Time High
₹5.15
About

Davangere Sugar Company Limited manufactures, markets, and sells sugar and molasses in India. The company operates through four segments: Sugar, Co-Generation, Aviation, and Distillery. It engages in the co-generation of electricity related activities with a capacity of 24.45 megawatt. The company is also involved in production of ethanol products, as well as aviation related business that consis… Read more

Davangere Sugar Company Limited (DAVANGERE) - Net Assets

Latest net assets as of September 2025: ₹5.03 Billion INR

Based on the latest financial reports, Davangere Sugar Company Limited (DAVANGERE) has net assets worth ₹5.03 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹7.73 Billion) and total liabilities (₹2.70 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹5.03 Billion
% of Total Assets 65.05%
Annual Growth Rate 12.26%
5-Year Change 42.6%
10-Year Change 252.68%
Growth Volatility 49.16

Davangere Sugar Company Limited - Net Assets Trend (2014–2025)

This chart illustrates how Davangere Sugar Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Davangere Sugar Company Limited (2014–2025)

The table below shows the annual net assets of Davangere Sugar Company Limited from 2014 to 2025.

Year Net Assets Change
2025-03-31 ₹3.50 Billion +2.89%
2024-03-31 ₹3.40 Billion +8.96%
2023-03-31 ₹3.12 Billion +26.20%
2022-03-31 ₹2.47 Billion +0.79%
2021-03-31 ₹2.45 Billion +0.97%
2020-03-31 ₹2.43 Billion +0.76%
2019-03-31 ₹2.41 Billion +171.09%
2018-03-31 ₹889.42 Million -8.82%
2017-03-31 ₹975.50 Million -1.65%
2016-03-31 ₹991.88 Million +11.46%
2015-03-31 ₹889.89 Million -9.20%
2014-03-31 ₹980.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Davangere Sugar Company 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 grown by 88824100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹888.24 Million 25.39%
Common Stock ₹940.85 Million 26.90%
Other Comprehensive Income ₹1.55 Billion 44.26%
Other Components ₹120.95 Million 3.46%
Total Equity ₹3.50 Billion 100.00%

Davangere Sugar Company Limited Competitors by Market Cap

The table below lists competitors of Davangere Sugar Company Limited ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Davangere Sugar Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,399,838,000 to 3,498,197,000, a change of 98,359,000 (2.9%).
  • Net income of 109,371,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 36,001.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹109.37 Million +3.13%
Other Comprehensive Income ₹-36.00K -0.0%
Other Changes ₹-10.98 Million -0.31%
Total Change ₹- 2.89%

Book Value vs Market Value Analysis

This analysis compares Davangere Sugar Company 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: 0.11x
  • 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 2.57x to 0.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-03-31 ₹1.55 ₹3.98 x
2015-03-31 ₹1.41 ₹3.98 x
2016-03-31 ₹1.57 ₹3.98 x
2017-03-31 ₹1.54 ₹3.98 x
2018-03-31 ₹1.77 ₹3.98 x
2019-03-31 ₹3.86 ₹3.98 x
2020-03-31 ₹4.36 ₹3.98 x
2021-03-31 ₹3.94 ₹3.98 x
2022-03-31 ₹3.96 ₹3.98 x
2023-03-31 ₹3.49 ₹3.98 x
2024-03-31 ₹3.61 ₹3.98 x
2025-03-31 ₹37.10 ₹3.98 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Davangere Sugar Company 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): 3.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.09%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 2.12x
  • Recent ROE (3.13%) is above the historical average (0.15%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 5.49% 2.24% 0.82x 2.98x ₹-44.23 Million
2015 -19.12% -9.66% 0.54x 3.66x ₹-259.14 Million
2016 10.28% 5.55% 0.53x 3.52x ₹2.80 Million
2017 -1.68% -0.95% 0.65x 2.72x ₹-113.93 Million
2018 -9.68% -13.52% 0.22x 3.27x ₹-175.02 Million
2019 1.34% 3.31% 0.20x 1.98x ₹-208.89 Million
2020 0.85% 1.02% 0.45x 1.87x ₹-222.26 Million
2021 1.02% 1.69% 0.34x 1.79x ₹-220.31 Million
2022 2.30% 5.16% 0.19x 2.32x ₹-190.45 Million
2023 4.24% 4.72% 0.47x 1.91x ₹-179.87 Million
2024 3.60% 5.65% 0.32x 2.01x ₹-217.58 Million
2025 3.13% 5.09% 0.29x 2.12x ₹-240.45 Million

Industry Comparison

This section compares Davangere Sugar Company Limited's net assets metrics with peer companies in the Confectioners industry.

Industry Context

  • Industry: Confectioners
  • Average net assets among peers: $10,780,852,444
  • Average return on equity (ROE) among peers: 13.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Davangere Sugar Company Limited (DAVANGERE) ₹5.03 Billion 5.49% 0.54x $18.73 Million
Avadh Sugar & Energy Limited (AVADHSUGAR) $3.91 Billion 22.55% 4.42x $25.36 Million
Bajaj Hindusthan Sugar Limited (BAJAJHIND) $27.77 Billion -4.92% 3.97x $166.10 Million
Balrampur Chini Mills Limited (BALRAMCHIN) $37.96 Billion 11.51% 0.88x $636.76 Million
Bannari Amman Sugars Limited (BANARISUG) $2.10 Billion 20.74% 2.16x $59.33 Million
Dalmia Bharat Sugar and Industries Limited (DALMIASUG) $4.30 Billion 19.91% 2.32x $45.16 Million
DCM Shriram Industries Limited (DCMSRIND) $2.23 Billion 17.81% 2.27x $16.54 Million
Dhampur Sugar Mills Limited (DHAMPURSUG) $12.26 Billion 20.48% 2.20x $36.59 Million
Dharani Sugars&Chemicals Limited (DHARSUGAR) $-892.40 Million 0.00% 0.00x $1.18 Million
Dwarikesh Sugar Industries Limited (DWARKESH) $7.40 Billion 14.16% 0.73x $41.62 Million