About
Dalmia Bharat Sugar and Industries Limited engages in the sugar business in India and internationally. It operates through Own Manufactured Sugar, Distillery, and Others segments. The company offers refined sugar and double sulphitation sugars; by-products, such as bagasse and molasses to generate power; alcohol-based hand sanitizers; and sulphur free white crystal sugar and natural brown sugar under the Dalmia Utsav brand name. It also provides alcohol, including rectified spirits, extra neutral alcohol/hydrous alcohol, denatured spirits, and ethanol or anhydrous ethanol, as well as refractory and organic manure products. In addition, the company generates renewable energy through co-generation plants with a capacity of 138 MW; and operates wind farms with capacity of 16.5 MW. Further, it engages in the magnesite, travel, and electronics activities. The company was incorporated in 1951 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap3,550 Cr
P/E17.30
Div Yield1.37 %
Book Value₹401.00
52w High₹520.00
52w Low₹261.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 848.19 | 990.73 | 697.75 | 988.72 | 940.88 | 1,015.52 | 837.67 | 926.39 | 960.26 | 750.04 | 583.59 | 731.85 | 833.89 |
| Expenses | 804.90 | 820.58 | 588.31 | 932.49 | 851.17 | 818.47 | 736.50 | 860.84 | 849.06 | 631.32 | 474.35 | 666.36 | 715.41 |
| Operating Profit | 43.29 | 170.15 | 109.44 | 56.23 | 89.71 | 197.05 | 101.17 | 65.55 | 111.20 | 118.72 | 109.24 | 65.49 | 118.48 |
| OPM % | 5.10 | 17.17 | 15.68 | 5.69 | 9.53 | 19.40 | 12.08 | 7.08 | 11.58 | 15.83 | 18.72 | 8.95 | 14.21 |
| Other Income | 27.52 | 34.33 | 28.69 | 19.72 | 10.94 | 16.27 | 18.89 | 15.98 | 15.57 | 37.20 | 26.53 | 55.65 | 9.15 |
| Depreciation | 34.40 | 36.87 | 32.95 | 34.46 | 32.02 | 37.61 | 35.25 | 31.99 | 25.81 | 33.40 | 32.26 | 30.74 | 30.56 |
| Interest | 26.58 | 24.95 | 12.23 | 10.23 | 15.97 | 16.21 | 9.25 | 11.65 | 25.96 | 15.98 | 7.86 | 16.38 | 9.87 |
| Profit before tax | 9.83 | 142.66 | 92.95 | 31.26 | 52.66 | 159.50 | 75.56 | 37.89 | 75.00 | 106.54 | 95.65 | 74.02 | 87.20 |
| Tax % | 29.70 | 27.44 | 25.16 | 25.40 | 25.45 | -24.61 | 21.51 | -74.66 | 27.03 | 14.29 | 32.13 | 25.83 | 29.66 |
| Net Profit | 6.91 | 103.52 | 69.56 | 23.32 | 39.26 | 198.76 | 59.31 | 66.18 | 54.73 | 91.32 | 64.92 | 54.90 | 61.34 |
| EPS in Rs | 0.95 | 12.91 | 8.61 | 2.88 | 4.85 | 24.57 | 7.33 | 8.18 | 6.77 | 11.29 | 8.02 | 6.79 | 7.58 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,617.00 | 3,725.00 | 2,899.00 | 3,252.00 | 3,018.00 | 2,685.00 | 2,110.00 | 2,018.00 | 2,244.00 | 1,686.00 | 1,166.00 | 1,150.00 |
| Expenses | 3,192.00 | 3,247.00 | 2,487.00 | 2,815.00 | 2,572.00 | 2,203.00 | 1,774.00 | 1,781.00 | 2,010.00 | 1,308.00 | 939.00 | 1,037.00 |
| Operating Profit | 426.00 | 478.00 | 412.00 | 437.00 | 446.00 | 482.00 | 337.00 | 237.00 | 234.00 | 378.00 | 227.00 | 113.00 |
| OPM % | 12.00 | 13.00 | 14.00 | 13.00 | 15.00 | 18.00 | 16.00 | 12.00 | 10.00 | 22.00 | 19.00 | 10.00 |
| Other Income | 94.00 | 60.00 | 128.00 | 77.00 | 64.00 | 44.00 | 56.00 | 75.00 | 25.00 | 24.00 | 22.00 | 16.00 |
| Interest | 63.00 | 63.00 | 50.00 | 38.00 | 35.00 | 62.00 | 88.00 | 69.00 | 69.00 | 102.00 | 87.00 | 78.00 |
| Depreciation | 136.00 | 131.00 | 127.00 | 121.00 | 95.00 | 96.00 | 57.00 | 52.00 | 54.00 | 56.00 | 113.00 | 51.00 |
| Profit before tax | 320.00 | 345.00 | 363.00 | 355.00 | 380.00 | 368.00 | 247.00 | 192.00 | 136.00 | 244.00 | 47.00 | 0.00 |
| Tax % | 26.00 | -6.00 | 25.00 | 30.00 | 22.00 | 27.00 | 22.00 | 9.00 | 10.00 | 24.00 | -23.00 | -414.00 |
| Net Profit | 236.00 | 366.00 | 272.00 | 250.00 | 296.00 | 270.00 | 193.00 | 175.00 | 122.00 | 186.00 | 58.00 | 1.00 |
| EPS in Rs | 29.26 | 45.18 | 33.68 | 30.91 | 36.56 | 33.42 | 23.88 | 21.65 | 15.12 | 23.02 | 7.22 | 0.18 |
| Dividend Payout % | 21.00 | 13.00 | 15.00 | 13.00 | 11.00 | 9.00 | 8.00 | 7.00 | 13.00 | 9.00 | 8.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
| Reserves | 3,226.00 | 3,047.00 | 2,916.00 | 2,689.00 | 2,343.00 | 2,126.00 | 1,503.00 | 1,516.00 | 1,488.00 | 1,245.00 | 496.00 | 444.00 |
| Borrowings | 1,803.00 | 1,044.00 | 1,430.00 | 454.00 | 819.00 | 958.00 | 1,277.00 | 1,037.00 | 776.00 | 1,214.00 | 1,138.00 | 931.00 |
| Other Liabilities | 475.00 | 541.00 | 800.00 | 644.00 | 645.00 | 632.00 | 642.00 | 621.00 | 633.00 | 459.00 | 411.00 | 443.00 |
| Total Liabilities | 5,521.00 | 4,648.00 | 5,162.00 | 3,803.00 | 3,822.00 | 3,733.00 | 3,438.00 | 3,189.00 | 2,913.00 | 2,935.00 | 2,061.00 | 1,834.00 |
| Fixed Assets | 1,784.00 | 1,657.00 | 1,847.00 | 1,652.00 | 1,531.00 | 1,308.00 | 1,353.00 | 1,316.00 | 1,293.00 | 1,280.00 | 752.00 | 746.00 |
| CWIP | 47.00 | 186.00 | 133.00 | 21.00 | 59.00 | 27.00 | 6.00 | 11.00 | 7.00 | 2.00 | 7.00 | 28.00 |
| Investments | 1,339.00 | 583.00 | 629.00 | 736.00 | 594.00 | 620.00 | 359.00 | 417.00 | 626.00 | 366.00 | 94.00 | 84.00 |
| Other Assets | 2,352.00 | 2,223.00 | 2,554.00 | 1,393.00 | 1,639.00 | 1,777.00 | 1,720.00 | 1,445.00 | 987.00 | 1,287.00 | 1,208.00 | 976.00 |
| Total Assets | 5,521.00 | 4,648.00 | 5,162.00 | 3,803.00 | 3,822.00 | 3,733.00 | 3,438.00 | 3,189.00 | 2,913.00 | 2,935.00 | 2,061.00 | 1,834.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 219.00 | 410.00 | -239.00 | 583.00 | 567.00 | 346.00 | 59.00 | -220.00 | 706.00 | 155.00 | -24.00 | -11.00 |
| Cash from Investing Activity | -843.00 | -113.00 | -257.00 | -192.00 | -327.00 | 37.00 | -179.00 | -29.00 | -178.00 | -144.00 | -77.00 | -43.00 |
| Cash from Financing Activity | 664.00 | -480.00 | 902.00 | -419.00 | -217.00 | -364.00 | 145.00 | 219.00 | -528.00 | 2.00 | 112.00 | 42.00 |
| Net Cash Flow | 41.00 | -182.00 | 405.00 | -29.00 | 23.00 | 18.00 | 25.00 | -31.00 | 1.00 | 13.00 | 11.00 | -13.00 |
| Free Cash Flow | 95.00 | 267.00 | -606.00 | 365.00 | 234.00 | 274.00 | -31.00 | -327.00 | 635.00 | 83.00 | -110.00 | -61.00 |
| CFO/OP % | 68.00 | 86.00 | -38.00 | 162.00 | 140.00 | 73.00 | 31.00 | -75.00 | 321.00 | 53.00 | -7.00 | -28.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18.00 | 12.00 | 15.00 | 17.00 | 20.00 | 16.00 | 29.00 | 37.00 | 12.00 | 24.00 | 33.00 | 25.00 |
| Inventory Days | 233.00 | 221.00 | 329.00 | 163.00 | 213.00 | 274.00 | 345.00 | 284.00 | 161.00 | 367.00 | 476.00 | 310.00 |
| Days Payable | 21.00 | 26.00 | 71.00 | 33.00 | 45.00 | 54.00 | 102.00 | 109.00 | 92.00 | 62.00 | 125.00 | 133.00 |
| Cash Conversion Cycle | 230.00 | 207.00 | 273.00 | 147.00 | 188.00 | 237.00 | 272.00 | 212.00 | 81.00 | 329.00 | 384.00 | 202.00 |
| Working Capital Days | 46.00 | 99.00 | 45.00 | 81.00 | 71.00 | 64.00 | 44.00 | 55.00 | -2.00 | 17.00 | 50.00 | 4.00 |
| ROCE % | 8.00 | 10.00 | 10.00 | 12.00 | 13.00 | 15.00 | 12.00 | 10.00 | 9.00 | 17.00 | 8.00 | 5.00 |
Corporate Actions
38 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 03 Jul 2026 | 03 Jul 2026 | — | 1.50 | |
| Dividend | 11 Feb 2026 | 11 Feb 2026 | — | 4.50 | |
| Other | 31 Oct 2025 | 31 Oct 2025 | — | — | Spin Off |
| Other | 31 Oct 2025 | 31 Oct 2025 | — | — | Demerger |
| Dividend | 30 Jun 2025 | 30 Jun 2025 | — | 1.50 | |
| Dividend | 17 Feb 2025 | 17 Feb 2025 | — | 4.50 | |
| Dividend | 03 Jul 2024 | 03 Jul 2024 | — | 1.25 | |
| Dividend | 16 Feb 2024 | 16 Feb 2024 | — | 3.75 | |
| Dividend | 04 Aug 2023 | 04 Aug 2023 | — | 1.00 | |
| Dividend | 15 Feb 2023 | 15 Feb 2023 | — | 3.00 | |
| Dividend | 27 Jul 2022 | 28 Jul 2022 | — | 1.00 | |
| Dividend | 15 Feb 2022 | 16 Feb 2022 | — | 3.00 | |
| Dividend | 13 Sep 2021 | 14 Sep 2021 | — | 3.00 | |
| Other | 10 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 25 Feb 2020 | 26 Feb 2020 | — | 2.00 | |
| Dividend | 20 Aug 2019 | — | — | 1.60 | |
| Other | 06 Sep 2018 | — | — | — | Annual General Meeting |
| Dividend | 23 Aug 2017 | — | — | 2.00 | |
| Other | 01 Sep 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 23 Mar 2016 | — | 0.60 | |
| Other | 14 Aug 2015 | — | — | — | Annual General Meeting |
| Other | 22 Aug 2014 | — | — | — | Annual General Meeting |
| Dividend | 14 Aug 2013 | — | — | 0.25 | |
| Other | 10 Aug 2012 | — | — | — | Annual General Meeting |
| Dividend | 17 Aug 2011 | — | — | 0.25 | |
| Other | 24 Sep 2010 | 27 Sep 2010 | — | — | Scheme of Arrangement |
| Dividend | 17 Aug 2010 | — | — | 1.00 | |
| Dividend | 11 Feb 2010 | 15 Feb 2010 | — | 1.00 | |
| Dividend | 14 Sep 2009 | — | — | 2.00 | |
| Dividend | 12 Feb 2009 | 14 Feb 2009 | — | 1.00 | |
| Dividend | 14 Jul 2008 | — | — | 1.50 | |
| Dividend | 14 Feb 2008 | 15 Feb 2008 | — | 2.50 | |
| Dividend | 14 Jun 2007 | — | — | 1.00 | |
| Dividend | 22 Mar 2007 | 24 Mar 2007 | — | 2.00 | |
| Dividend | 15 Jun 2006 | — | — | 2.00 | |
| Dividend | 11 Aug 2005 | — | — | 1.00 | |
| Dividend | 03 Sep 2001 | — | — | 5.00 | |
| Other | 21 Jun 2001 | 06 Jul 2001 | — | — | Right Issue of Non Convertible Debentures |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update24 Jul from care
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Rating update22 Jul from fitch
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Rating update7 Jul from care
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Rating update25 Mar from fitch
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Rating update12 Dec 2025 from icra
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Rating update24 Nov 2025 from icra