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What is the DAVANGERE SUGAR COMPANY L (DAVANGERE) share price today?

DAVANGERE SUGAR COMPANY L (DAVANGERE) is trading at ₹3.49 on the NSE, down 0.57% on the day. Source: DocStoX.

What is the PE ratio of DAVANGERE SUGAR COMPANY L?

DAVANGERE SUGAR COMPANY L has a price-to-earnings (PE) ratio of 43.6 in the FMCG sector.

What is the market capitalisation of DAVANGERE SUGAR COMPANY L?

DAVANGERE SUGAR COMPANY L has a market capitalisation of approximately ₹524 crore.

DAVANGERE SUGAR COMPANY L

DAVANGERE·NSE·FMCG

₹3.49▼ -0.02 (-0.57%)

FMCG · Diversified FMCG

A steady, established business

Day₹3.47

₹3.52

52W₹3

₹619%

Open

₹3.51

High

₹3.52

Low

₹3.47

Prev Close

₹3.51

Volume

18.68L

VWAP

₹3.49

Snapshot

Key fundamentals

Market Cap

₹524 Cr

P/E Ratio

43.62Expensive

P/B Ratio

1.46

EPS

₹0.08

Book Value

₹2.45

ROE

3.13%Weak

ROCE

7.00%Weak

Dividend Yield

0.00%

Debt / Equity

0.50Moderate

Face Value

₹1.00

52W High

₹5.50

52W Low

₹3.03

Sector

FMCG

Industry

Diversified FMCG

Avoid

None moatMedium uncertainty

Fair value estimate

₹2

▼ 42.7%downside

Trading at ₹3 — 43% above our estimate

BearFair valueBull

₹2₹2₹2

/100

Business quality — Watch the fundamentals

Growth 4Profitability 9Efficiency 0Valuation 45

Plain English

Our view

A steady, established business
Weak returns on equity (3%)

Risks

Weak returns on equity (3%)
Fundamental red flags (Piotroski 3/9)

How we got there

Fair value methods

Residual income

3% ROE fading to 13% over ~3 yrs, on ₹2 book

₹2

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹2

Analyst target

No analyst coverage

—

Blended fair value₹2

What the numbers say

Investment thesis

Bull case

No standout positives from the current metrics.

Bear case

Weak returns on equity (3%)
Fundamental red flags (Piotroski 3/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

43.6Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

3.1%Weak

Above 15% is considered healthy for Indian equities

ROCE

7.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.50Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹524 Cr

P/B

1.46

EPS

₹0.08

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 43.6×

Growth

Shrinking

-5% rev CAGR

Profitability

Modest

3.1% ROE

Financial health

Comfortable

D/E 0.50

Momentum

N/A

No technicals

Today

Trading activity

Delivery %53.1%

Turnover₹65.11L Cr

Trades1,043

VWAP₹3.49

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-5.2%

+10.5%

10Y

—

Profit

-13.2%

+33.6%

10Y

—

EPS

—

10Y

—

Profile

Pros

Stock is trading at 0.99 times its book value

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 10.6% over past five years.
Company has a low return on equity of 2.88% over last 3 years.
Debtor days have increased from 44.4 to 53.5 days.
Promoter holding has decreased over last 3 years: -32.7%
Working capital days have increased from 216 days to 348 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

42%

Promoter

Promoters

41.8%0.00

Public

51.2%+0.01

FII / FPI

7.0%0.00

DII

0.0%0.00

Total shareholders

1,71,779-6,026 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter41.78%

FII6.99%

Public51.23%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1970, Davangere Sugar Company is in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power[1]