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Davangere Sugar Company Ltd

Davangere Sugar Company Ltd

DAVANGERE | 543267

3.11

+0.02 (0.65%)

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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High3.15
    Today's Low3.08
    Open3.08
    Previous Close3.11
    Volume1584439
    Total Traded Value High4913852.04

    Overview

    Davangere Sugar Company Limited (DSCL) was incorporated in the year 1970 as Joint Sector Company by Karnataka Agro Industries Corporation Limited, Karnataka State Small Industries Development Corporation Limited, IDBI, ICICI, IFCI and local farmers with initial equity capital base of Rs 1.6 Crores. The Company is a prominent player in the sugar business, boasting a present capacity of 4750 TCD (Tonnes of Cane Crushed per Day) at its sugar plant. The Company's sugar unit buildings span an extensive area of approximately 2,83,874 square feet. Additionally, the company has established 5 large warehouses, with a combined capacity to store 6 lakh quintals of sugar, ensuring efficient storage and distribution capabilities. The company commenced commercial operations in October 1974 with an installed capacity of 1250 TCD. Owing to continuous losses, the company was declared a sick unit during the year 1986-87. Subsequently, with the debt restructuring and support from financial institutions, the company came out of BIFR in 1996. In the year 1995, Shamanur group along with persons acting in concert took over the controlling stake in the company. From the year 1998 till 2004, the company had expanded their capacities from 1250 TCD to current level of 3500 TCD. In the year 2003, the company installed their 24.5-MW cogeneration unit with an investment of Rs 80 crore. This was completed within a year - the lowest time period achieved in India. Also, the company is the first in Karnataka to install a high-pressure/ temperature configuration of 86.5 kg/ sq cm pressure and 515 degree celcius temperature in a sugar cogeneration unit. During the year 2003-04, the company increased the production capacity of sugar by 1,000 TCD to 3,500 TCD. In March 24, 2004, they started commercial operation of power. During 2006-2012, the Company expanded cane-crushing capacity from 2,500 TCD to 4,750 TCD. Also, the Refined sugar manufacturing unit was expanded with 500 TCD in 2012. The Management commenced commissioning of Molasses based Ethanol unit in April 2021 and started the commercial production on June 1, 2022. The Crushing Operations commenced from 09.10.2021. In 2022, Company installed molasses/sugar syrup and grain-based Ethanol unit with installed capacity of 65 KLPD and started commercial production from Q1FY23. Company is undertaking a major expansion of the grain distillery operations, expanding existing 65 KLPD to 80 KLPD. It is adding an additional 45 KLPD grain-based unit at a project cost of Rs. 54 crores. In addition to our distillery expansion, the Company is also committed to revolutionize the sugarcane cultivation in the regions of operations.

    Sector & Industry

    FMCG - Sugar - Integrated

    Listing Exchange

    National Stock Exchange (NSE)

    Bombay Stock Exchange (BSE)

    Fundamentals

    Financial strength and ownership structure

    Shareholding Pattern

    41.64%
    41.78%
    41.78%
    41.63%
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Technicals

    Price-based indicators and levels

    Indicators

    INDICATORVALUESIGNAL
    Relative Strength Index (RSI)+31.23Neutral
    MACD-0.12Bearish

    Support and Resistance Levels

    R33.32
    R23.27
    R13.18
    S13.04
    S22.99
    S32.90

    Moving Averages

    PERIODSMAEMA
    20D Moving Average3.293.27
    50D Moving Average3.493.45
    200D Moving Average3.843.80

    News

    Corporate News

    Davangere Sugar Company re-appointed D G M S & Co. as auditor for five years

    5 Aug 2026

    Davangere Sugar Company Limited announced that its board of directors has re-appointed M/s. D G M S & Co., Chartered Accountants, as the company's statutory auditor for a period of five consecutive years, commencing from the conclusion of the 55th Annual General Meeting and concluding at the 60th AGM, subject to shareholder approval. The re-appointment is for the financial years 2026-27 to 2030-31, marking a second consecutive term for the firm, which provides statutory audits, internal audits, and financial certification services.

    Davangere Sugar Company re-appointed D G M S & Co. as auditor for five years

    5 Aug 2026

    Davangere Sugar Company Limited announced that its board of directors has re-appointed M/s. D G M S & Co., Chartered Accountants, as the company's statutory auditor for a period of five consecutive years, commencing from the conclusion of the 55th Annual General Meeting and concluding at the 60th AGM, subject to shareholder approval. The re-appointment is for the financial years 2026-27 to 2030-31, marking a second consecutive term for the firm, which provides statutory audits, internal audits, and financial certification services.

    Davangere Sugar Company to conduct board meeting

    24 Jul 2026

    On 28 July 2026

    Davangere Sugar Company will hold a meeting of the Board of Directors of the Company on 28 July 2026.

    Davangere Sugar Company revises board meeting date

    1 Jul 2026

    To 3 July 2026

    Davangere Sugar Company has revised the meeting of the Board of Directors which was scheduled to be held on 2 July 2026. The meeting will now be held on 3 July 2026.

    Davangere Sugar Company to conduct board meeting

    30 Jun 2026

    On 2 July 2026

    Davangere Sugar Company will hold a meeting of the Board of Directors of the Company on 2 July 2026.

    Davangere Sugar Company schedules board meeting

    27 May 2026

    On 29 May 2026

    Davangere Sugar Company will hold a meeting of the Board of Directors of the Company on 29 May 2026.

    Davangere Sugar Company to hold EGM

    3 Apr 2026

    On 24 April 2026

    Davangere Sugar Company announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 April 2026.

    Davangere Sugar Company schedules board meeting

    26 Mar 2026

    On 30 March 2026

    Davangere Sugar Company will hold a meeting of the Board of Directors of the Company on 30 March 2026.

    Results - Announcements

    Davangere Sugar Company standalone net profit rises 0.52% in the March 2026 quarter

    30 May 2026

    Sales rise 47.29% to Rs 83.82 crore

    Net profit of Davangere Sugar Company rose 0.52% to Rs 1.95 crore in the quarter ended March 2026 as against Rs 1.94 crore during the previous quarter ended March 2025. Sales rose 47.29% to Rs 83.82 crore in the quarter ended March 2026 as against Rs 56.91 crore during the previous quarter ended March 2025. For the full year,net profit declined 22.21% to Rs 8.51 crore in the year ended March 2026 as against Rs 10.94 crore during the previous year ended March 2025. Sales rose 11.06% to Rs 238.77 crore in the year ended March 2026 as against Rs 214.99 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 83.82 56.91 47 238.77 214.99 11 OPM % 10.08 16.99 - 20.36 24.18 - PBDT 4.59 5.92 -22 23.69 25.57 -7 PBT 1.41 2.24 -37 10.99 12.87 -15 NP 1.95 1.94 1 8.51 10.94 -22 Powered by Capital Market - Live News

    Davangere Sugar Company standalone net profit declines 61.30% in the December 2025 quarter

    11 Feb 2026

    Sales rise 13.00% to Rs 82.69 crore

    Net profit of Davangere Sugar Company declined 61.30% to Rs 2.62 crore in the quarter ended December 2025 as against Rs 6.77 crore during the previous quarter ended December 2024. Sales rose 13.00% to Rs 82.69 crore in the quarter ended December 2025 as against Rs 73.18 crore during the previous quarter ended December 2024. Particulars Quarter Ended Dec. 2025 Dec. 2024 % Var. Sales 82.69 73.18 13 OPM % 16.21 24.90 - PBDT 7.69 10.47 -27 PBT 4.52 7.47 -39 NP 2.62 6.77 -61 Powered by Capital Market - Live News