DAVANGERE

Davangere Sugar Company Share Price

₹7.32
+ 0.63 (9.42%)
  • Advice
  • Hold
18 September, 2024 02:35 BSE: 543267 NSE: DAVANGERE ISIN: INE179G01029

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Davangere Sugar Company Performance

Day Range

  • Low 7
  • High 8
₹ 7

52 Week Range

  • Low 7
  • High 12
₹ 7
  • Open Price7
  • Previous Close7
  • Volume24491588

Davangere Sugar Company Chart

  • Over 1 Month + 1.39%
  • Over 3 Month -24.07%
  • Over 6 Month + 5.78%
  • Over 1 Year -33.21%

Davangere Sugar Company Key Statistics

P/E Ratio 57
PEG Ratio -5.4
Market Cap Cr
Price to Book Ratio 2
EPS 0.1
Dividend 0
Relative Strength Index 53.65
Money Flow Index 66.68
MACD Signal -0.18
Average True Range 0.33

Davangere Sugar Company Investment Rating

  • Master Rating:
  • Davangere Sugar Company has an operating revenue of Rs. 214.37 Cr. on a trailing 12-month basis. An annual revenue de-growth of -21% needs improvement, Pre-tax margin of 7% is okay, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 20%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 2 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 48 indicates it belongs to a fair industry group of Agricultural Operations and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Davangere Sugar Company Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 466478274888
Operating Expenses Qtr Cr 365362154070
Operating Profit Qtr Cr 9111611718
Depreciation Qtr Cr 333332
Interest Qtr Cr 557773
Tax Qtr Cr 001103
Net Profit Qtr Cr 156119
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 223281
Operating Expenses Annual Cr 171224
Operating Profit Annual in Cr 4556
Depreciation Cr 1212
Interest Annual Cr 2527
Tax Annual Cr 24
Net Profit Annual Cr 1213
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -1181
Cash from Investing Activity Annual Cr -23-20
Cash from Financing Annual Activity Cr 32-65
Net Cash Flow Annual Cr -1-5
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 340312
Fixed Assets Annual Cr 359350
Total Non Current Assets Annual Cr 383358
Total Current Assets Annual Cr 298239
Total Assets Annual Cr 682597
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 3633
ROE Annual % 44
ROCE Annual % 911
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2420
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Davangere Sugar Company Technicals

EMA & SMA

Current Price
₹7.32
+ 0.63 (9.42%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹7.08
  • 50 Day
  • ₹7.53
  • 100 Day
  • ₹8.09
  • 200 Day
  • ₹8.41
  • 20 Day
  • ₹7.05
  • 50 Day
  • ₹7.53
  • 100 Day
  • ₹8.54
  • 200 Day
  • ₹8.82

Davangere Sugar Company Resistance and Support

PIVOT
₹7.22
Resistance
First Resistance 7.66
Second Resistance 8.00
Third Resistance 8.44
RSI 53.65
MFI 66.68
MACD Single Line -0.18
MACD -0.16
Support
First Support 6.88
Second Support 6.44
Third Supoort 6.10

Davangere Sugar Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 29,325,299 1,357,468,091 46.29
Week 11,426,209 628,784,270 55.03
1 Month 10,494,196 541,815,342 51.63
6 Month 8,824,306 468,129,441 53.05

Davangere Sugar Company Result Highlights

Davangere Sugar Company Synopsis

BSE-Agricultural Operations

Davangere Sugar is involved in the business activities of Manufacture of pulp, paper and paperboard. Company’s Total Operating Revenue is Rs. 216.53 Cr. and Equity Capital is Rs. 94.08 Cr. for the Year ended 31/03/2024. Davangere Sugar Company Ltd. is a Public Limited Listed company incorporated on 28/09/1970 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L37100KA1970PLC001949 and registration number is 001949.
Market Cap 629
Sales 214
Shares in Float 36.69
No of funds 2
Yield
Book Value 1.85
U/D Vol ratio 0.8
LTDebt / Equity 20
Alpha -0.19
Beta 0.5

Davangere Sugar Company Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 60.89%70.7%74.35%74.45%
Foreign Portfolio Investors 0.02%0.04%
Individual Investors 20.4%12.08%8.3%8.13%
Others 18.69%17.18%17.35%17.42%

Davangere Sugar Company Management

Name Designation
Mr. Shamanur Shivashankarappa Ganesh Managing Director
Mr. Abhijith Ganesh Shamanur Executive Director
Ms. Rekha Ganesh Non Executive Director
Mr. Tumbegere Rudrappa Independent Director
Mr. Thappagondanahally Rajashekarappa Independent Director
Mrs. Veena Umapathy Independent Director

Davangere Sugar Company Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Davangere Sugar Company Corporate Action

Date Purpose Remarks
2024-07-15 Quarterly Results
2024-05-24 Audited Results
2024-04-19 Stock Split
2024-02-14 Quarterly Results
2023-11-06 Quarterly Results
Date Purpose Remarks
2024-05-31 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

Davangere Sugar Company MF Shareholding

Name Amount(cr)

Davangere Sugar Company FAQs

What is Share Price of Davangere Sugar Company ?

Davangere Sugar Company share price is ₹7 As on 18 September, 2024 | 02:21

What is the Market Cap of Davangere Sugar Company ?

The Market Cap of Davangere Sugar Company is ₹688.7 Cr As on 18 September, 2024 | 02:21

What is the P/E ratio of Davangere Sugar Company ?

The P/E ratio of Davangere Sugar Company is 57 As on 18 September, 2024 | 02:21

What is the PB ratio of Davangere Sugar Company ?

The PB ratio of Davangere Sugar Company is 2 As on 18 September, 2024 | 02:21

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