Davangere Sugar Company Limited
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.
| Company | Market Cap |
|---|---|
|
ORTOMA AB B
F:82Y
|
$18.73 Million |
|
APPIA RARE EARTH+U O.N.
F:A0I0
|
$18.74 Million |
|
TGAUF
PINK:TGAUF
|
$18.74 Million |
|
Train Alliance Sweden AB Series B
ST:TRAIN-B
|
$18.74 Million |
|
Hangzhou IECHO Science & Technology Co. Ltd. A
SHG:688092
|
$18.73 Million |
|
Automotive Stampings and Assemblies Limited
NSE:ASAL
|
$18.73 Million |
|
KH Group Oyj
HE:KHG
|
$18.73 Million |
|
Zinnwald Lithium Plc
PINK:ZNWLF
|
$18.73 Million |
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 |