Dwarikesh Sugar Industries Limited (DWARKESH) - Net Assets
Based on the latest financial reports, Dwarikesh Sugar Industries Limited (DWARKESH) has net assets worth Rs7.55 Billion INR (≈ $81.64 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs10.28 Billion ≈ $111.20 Million USD) and total liabilities (Rs2.73 Billion ≈ $29.56 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 DWARKESH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.55 Billion |
| % of Total Assets | 73.42% |
| Annual Growth Rate | 9.12% |
| 5-Year Change | 39.26% |
| 10-Year Change | 588.99% |
| Growth Volatility | 38.73 |
Dwarikesh Sugar Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Dwarikesh Sugar Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Dwarikesh Sugar Industries Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Dwarikesh Sugar Industries Limited (2006–2025)
The table below shows the annual net assets of Dwarikesh Sugar Industries Limited from 2006 to 2025. For live valuation and market cap data, see Dwarikesh Sugar Industries Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs8.06 Billion ≈ $87.19 Million |
-1.93% |
| 2024-03-31 | Rs8.22 Billion ≈ $88.91 Million |
+11.12% |
| 2023-03-31 | Rs7.40 Billion ≈ $80.01 Million |
+9.88% |
| 2022-03-31 | Rs6.73 Billion ≈ $72.81 Million |
+16.30% |
| 2021-03-31 | Rs5.79 Billion ≈ $62.61 Million |
+19.68% |
| 2020-03-31 | Rs4.84 Billion ≈ $52.31 Million |
+4.34% |
| 2019-03-31 | Rs4.64 Billion ≈ $50.14 Million |
+26.73% |
| 2018-03-31 | Rs3.66 Billion ≈ $39.56 Million |
+15.55% |
| 2017-03-31 | Rs3.17 Billion ≈ $34.24 Million |
+170.56% |
| 2016-03-31 | Rs1.17 Billion ≈ $12.65 Million |
+12.67% |
| 2015-03-31 | Rs1.04 Billion ≈ $11.23 Million |
-9.53% |
| 2014-03-31 | Rs1.15 Billion ≈ $12.41 Million |
-4.82% |
| 2013-03-31 | Rs1.21 Billion ≈ $13.04 Million |
-10.64% |
| 2012-03-31 | Rs1.35 Billion ≈ $14.60 Million |
-0.96% |
| 2011-03-31 | Rs1.36 Billion ≈ $14.74 Million |
-8.81% |
| 2010-03-31 | Rs1.49 Billion ≈ $16.16 Million |
-5.71% |
| 2009-03-31 | Rs1.58 Billion ≈ $17.14 Million |
+13.70% |
| 2008-03-31 | Rs1.39 Billion ≈ $15.08 Million |
-11.36% |
| 2007-03-31 | Rs1.57 Billion ≈ $17.01 Million |
+2.48% |
| 2006-03-31 | Rs1.53 Billion ≈ $16.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dwarikesh Sugar 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 grown by 602768400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.03 Billion | 74.77% |
| Common Stock | Rs185.30 Million | 2.30% |
| Other Comprehensive Income | Rs380.37 Million | 4.72% |
| Other Components | Rs1.47 Billion | 18.22% |
| Total Equity | Rs8.06 Billion | 100.00% |
Dwarikesh Sugar Industries Limited Competitors by Market Cap
The table below lists competitors of Dwarikesh Sugar Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Bailian Group Co Ltd B
SHG:900923
|
$94.17 Million |
|
Rani Therapeutics Holdings Inc
NASDAQ:RANI
|
$94.19 Million |
|
Quantum Corporation
NASDAQ:QMCO
|
$94.20 Million |
|
La Kaffa International Co Ltd
TWO:2732
|
$94.21 Million |
|
CYGNUS Metals Ltd
AU:CY5
|
$94.16 Million |
|
Terracom Ltd
AU:TER
|
$94.14 Million |
|
PT Surya Pertiwi Tbk
JK:SPTO
|
$94.13 Million |
|
Indo Borax & Chemicals Limited
NSE:INDOBORAX
|
$94.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dwarikesh Sugar Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,220,817,000 to 8,062,164,000, a change of -158,653,000 (-1.9%).
- Net income of 233,357,000 contributed positively to equity growth.
- Share repurchases of 391,534,000 reduced equity.
- Other comprehensive income increased equity by 813,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs233.36 Million | +2.89% |
| Share Repurchases | Rs391.53 Million | -4.86% |
| Other Comprehensive Income | Rs813.00K | +0.01% |
| Other Changes | Rs-1.29 Million | -0.02% |
| Total Change | Rs- | -1.93% |
Book Value vs Market Value Analysis
This analysis compares Dwarikesh Sugar 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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.56x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs10.31 | Rs46.99 | x |
| 2007-03-31 | Rs9.94 | Rs46.99 | x |
| 2008-03-31 | Rs8.17 | Rs46.99 | x |
| 2009-03-31 | Rs9.57 | Rs46.99 | x |
| 2010-03-31 | Rs9.16 | Rs46.99 | x |
| 2011-03-31 | Rs8.35 | Rs46.99 | x |
| 2012-03-31 | Rs8.27 | Rs46.99 | x |
| 2013-03-31 | Rs7.39 | Rs46.99 | x |
| 2015-03-31 | Rs6.43 | Rs46.99 | x |
| 2016-03-31 | Rs7.17 | Rs46.99 | x |
| 2017-03-31 | Rs18.00 | Rs46.99 | x |
| 2018-03-31 | Rs19.43 | Rs46.99 | x |
| 2019-03-31 | Rs24.62 | Rs46.99 | x |
| 2020-03-31 | Rs25.69 | Rs46.99 | x |
| 2021-03-31 | Rs30.74 | Rs46.99 | x |
| 2022-03-31 | Rs35.76 | Rs46.99 | x |
| 2023-03-31 | Rs39.29 | Rs46.99 | x |
| 2024-03-31 | Rs43.66 | Rs46.99 | x |
| 2025-03-31 | Rs43.59 | Rs46.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dwarikesh Sugar 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): 2.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.72%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.81x
- Recent ROE (2.89%) is below the historical average (4.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.58% | 8.88% | 0.66x | 2.32x | Rs54.98 Million |
| 2007 | -3.99% | -2.77% | 0.31x | 4.68x | Rs-220.09 Million |
| 2008 | -17.78% | -9.09% | 0.33x | 5.86x | Rs-387.20 Million |
| 2009 | 15.82% | 5.43% | 0.68x | 4.32x | Rs92.27 Million |
| 2010 | -6.06% | -1.63% | 0.78x | 4.74x | Rs-239.99 Million |
| 2011 | -9.66% | -2.25% | 0.89x | 4.84x | Rs-267.91 Million |
| 2012 | -8.38% | -1.62% | 0.93x | 5.57x | Rs-248.02 Million |
| 2013 | -16.05% | -2.09% | 1.40x | 5.48x | Rs-314.21 Million |
| 2014 | -5.06% | -0.75% | 1.24x | 5.43x | Rs-172.93 Million |
| 2015 | -89.39% | -13.92% | 0.67x | 9.62x | Rs-1.03 Billion |
| 2016 | 33.30% | 4.91% | 0.79x | 8.56x | Rs272.65 Million |
| 2017 | 50.05% | 13.31% | 1.13x | 3.33x | Rs1.27 Billion |
| 2018 | 27.73% | 7.09% | 1.45x | 2.70x | Rs648.66 Million |
| 2019 | 20.51% | 8.77% | 0.79x | 2.94x | Rs487.46 Million |
| 2020 | 15.19% | 5.50% | 0.83x | 3.33x | Rs250.83 Million |
| 2021 | 15.81% | 4.98% | 1.27x | 2.50x | Rs336.47 Million |
| 2022 | 23.05% | 7.86% | 1.39x | 2.11x | Rs878.87 Million |
| 2023 | 14.16% | 4.98% | 1.64x | 1.73x | Rs307.66 Million |
| 2024 | 10.16% | 4.89% | 1.21x | 1.72x | Rs13.09 Million |
| 2025 | 2.89% | 1.72% | 0.93x | 1.81x | Rs-572.86 Million |
Industry Comparison
This section compares Dwarikesh Sugar Industries Limited's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $6,740,540,223
- Average return on equity (ROE) among peers: 7.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dwarikesh Sugar Industries Limited (DWARKESH) | Rs7.55 Billion | 13.58% | 0.36x | $94.17 Million |
| Avadh Sugar & Energy Limited (AVADHSUGAR) | $11.01 Billion | 7.99% | 1.62x | $110.26 Million |
| Bannari Amman Sugars Limited (BANARISUG) | $14.23 Billion | 5.62% | 0.80x | $489.42 Million |
| Dalmia Bharat Sugar and Industries Limited (DALMIASUG) | $4.60 Billion | 0.32% | 2.99x | $337.22 Million |
| DCM Shriram Industries Limited (DCMSRIND) | $6.17 Billion | 10.50% | 1.72x | $43.81 Million |
| Dhampur Sugar Mills Limited (DHAMPURSUG) | $11.01 Billion | 12.20% | 1.14x | $105.19 Million |
| Dharani Sugars&Chemicals Limited (DHARSUGAR) | $434.63 Million | -18.10% | 4.03x | $3.07 Million |
| KCP Sugar and Industries Corporation Limited (KCPSUGIND) | $2.29 Billion | 17.85% | 0.95x | $33.08 Million |
| Kothari Sugars And Chemicals Limited (KOTARISUG) | $2.58 Billion | 16.28% | 0.68x | $24.52 Million |
| Magadh Sugar & Energy Limited (MAGADSUGAR) | $8.34 Billion | 13.12% | 1.03x | $78.06 Million |
About Dwarikesh Sugar Industries Limited
Dwarikesh Sugar Industries Limited engages in the manufacture and sale of sugar and ethanol in India and internationally. It is also involved in the co-generation and sale of power; manufacture of industrial alcohol and ethanol; and production of hand sanitizers. The company was formerly known as Dwarka Sugar Limited and changed its name to Dwarikesh Sugar Industries Limited in April 1994. Dwarik… Read more