Dwarikesh Sugar Industries quarterly results and financials

Dwarikesh Sugar Industries (DWARKESH)₹42.95−0.37%(9 Nov 2026 close)Sugar

Key facts

In the Jun 2026 quarter (standalone), Dwarikesh Sugar Industries reported sales of ₹359 Cr, down 11.6% from Jun 2025, and net profit of −₹26.01 Cr. For the year to Mar 2026, sales were ₹1,404 Cr and net profit ₹31.01 Cr.

Sales (Jun 2026): ₹359 Cr
Net profit (Jun 2026): −₹26.01 Cr
Sales (FY Mar 2026): ₹1,404 Cr
Net profit (FY Mar 2026): ₹31.01 Cr
EPS (Jun 2026): ₹−1.40
Borrowings (Mar 2026): ₹335 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

Dwarikesh Sugar Industries quarterly results

₹ crore unless stated; each column is a quarter.

Dwarikesh Sugar Industries Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	447	314	381	342	247	314	460	406	247	326	426	359
Expenses	418	288	308	340	270	287	353	403	288	288	340	385
Operating Profit	28.91	25.91	72.79	1.99	−22.92	26.93	107	3.99	−40.88	37.89	86.81	−25.94
OPM %	6.0%	8.0%	19.0%	0.7%	−9.0%	9.0%	23.0%	1.0%	−17.0%	12.0%	20.0%	−7.0%
Other Income	3.01	6.02	2.01	1.01	2.01	4.01	0.00	0.00	2.01	3.01	1.01	2.01
Interest	4.01	4.01	7.02	6.01	3.01	3.01	8.02	5.01	2.01	1.01	6.01	3.01
Depreciation	13.03	14.04	13.04	12.03	12.03	12.04	12.04	12.04	12.04	12.03	0.00	8.03
Profit before tax	15.05	14.04	56.22	−15.05	−36.10	16.06	88.32	−13.05	−53.20	27.10	82.26	−34.13
Tax %	31.1%	31.0%	59.1%	−34.9%	−33.0%	32.1%	47.1%	−27.9%	−38.0%	42.0%	30.1%	−24.9%
Net Profit	10.01	10.01	23.02	−10.01	−24.01	11.01	46.05	−9.01	−33.01	15.01	57.02	−26.01
EPS (Rs)	0.55	0.53	1.23	−0.54	−1.31	0.59	2.51	−0.52	−1.77	0.84	3.11	−1.40

Dwarikesh Sugar Industries profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Dwarikesh Sugar Industries Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	796	1,194	1,434	1,086	1,338	1,843	1,984	2,107	1,715	1,362	1,404	1,357
Expenses	688	920	1,290	957	1,204	1,644	1,693	1,894	1,510	1,249	1,319	1,301
Operating Profit	108	272	142	129	136	200	290	214	204	113	86.81	57.88
OPM %	14.0%	23.0%	10.0%	12.0%	10.0%	11.0%	15.0%	10.0%	12.0%	8.0%	6.0%	4.3%
Other Income	13.04	18.08	17.07	36.14	5.01	7.03	3.01	14.05	12.05	6.02	7.03	8.04
Interest	52.06	52.10	25.03	21.04	33.03	48.06	32.04	26.05	20.05	19.04	15.02	12.04
Depreciation	31.09	30.10	32.07	33.10	37.10	41.07	44.13	50.16	52.17	49.16	37.07	32.10
Profit before tax	39.16	210	102	111	72.22	120	220	152	145	52.19	43.13	22.03
Tax %	1.0%	25.1%	1.0%	14.1%	−3.0%	24.0%	29.0%	31.0%	42.1%	56.1%	27.1%	—
Exceptional items	4.63	2.42	0.11	0.17	−0.05	−0.09	−0.05	−0.24	0.00	0.06	0.07	—
Net Profit	38.99	156	101	95.05	72.98	92.08	155	105	84.06	23.03	31.01	13.01
EPS (Rs)	2.40	8.30	5.40	5.06	3.91	4.87	8.25	5.57	4.45	1.27	1.67	0.78
Dividend payout %	0.0%	12.0%	0.0%	20.0%	26.0%	26.0%	24.0%	36.0%	0.0%	40.0%	6.0%	—

Dwarikesh Sugar Industries balance sheet

₹ crore, at each year end.

Dwarikesh Sugar Industries Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15.94	15.97	18.96	18.96	18.96	18.97	18.94	18.96	18.94	18.93	18.93	18.94
Reserves	55.83	69.92	267	347	445	465	559	653	719	801	786	808
Borrowings	653	686	532	341	655	844	608	523	374	455	505	335
Other Liabilities	270	228	199	275	245	278	256	221	165	136	148	132
Total Liabilities	996	998	1,017	982	1,362	1,606	1,441	1,417	1,276	1,411	1,458	1,294
Fixed Assets	397	355	330	340	318	429	409	387	579	581	545	526
CWIP	0.00	0.00	0.99	0.00	15.98	1.99	0.99	142	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01	1.01	1.01
Other Assets	598	643	686	641	1,027	1,175	1,032	887	696	829	912	767
Inventories	493	539	612	533	827	915	859	761	563	743	754	681
Trade receivables	42.85	63.82	54.81	52.83	59.79	97.70	67.78	34.88	71.75	35.88	57.82	49.81
Cash & equivalents	1.01	5.01	1.01	3.01	1.01	3.01	1.01	39.12	40.10	34.09	83.17	16.03
Total Assets	996	998	1,017	982	1,362	1,606	1,441	1,417	1,276	1,411	1,458	1,294

Dwarikesh Sugar Industries cash flow

₹ crore, for each year.

Dwarikesh Sugar Industries Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−151	37.06	141	298	−250	11.02	296	340	314	13.02	61.14	129
Cash from investing activity	−4.01	−13.03	−5.01	−41.12	−44.11	−111	−18.05	−199	−92.23	−41.10	−7.02	−4.01
Cash from financing activity	155	−20.05	−140	−257	293	101	−281	−141	−223	27.07	27.07	−194
Net cash flow	−0.99	3.99	−3.99	1.99	−1.99	0.99	−1.99	0.00	0.00	0.00	80.66	−68.78
Capex	4.95	13.27	5.49	41.77	48.20	112	19.53	161	98.93	50.88	12.45	7.05
Free cash flow	−154	23.90	136	256	−297	−99.66	275	177	215	−36.83	47.83	121
CFO / OP %	−176.0%	34.0%	66.0%	240.0%	−178.0%	19.0%	147.0%	129.0%	160.0%	19.0%	64.0%	159.0%

Dwarikesh Sugar Industries ratios

Working-capital days and returns, by year.

Dwarikesh Sugar Industries Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	13	29	16	13	19	26	12	5	11	7	15	12
Inventory days	194	332	285	171	387	329	222	190	127	221	271	230
Days payable	81	90	37	71	87	76	50	25	14	14	13	5
Cash conversion cycle	129	273	267	116	322	281	187	173	128	216	276	240
Working capital days	−39	−10	22	11	72	53	57	54	61	88	94	110
ROCE %	8.0%	11.0%	32.0%	17.0%	14.0%	9.0%	13.0%	21.0%	15.0%	14.0%	5.0%	5.0%

Dwarikesh Sugar Industries: frequently asked questions

What are the latest quarterly results of Dwarikesh Sugar Industries?

For the Jun 2026 quarter, Dwarikesh Sugar Industries reported sales of ₹359 Cr, down 11.6% year on year and net profit of −₹26.01 Cr. The operating margin was −7.0%.

What is the annual revenue of Dwarikesh Sugar Industries?

Dwarikesh Sugar Industries' sales for the year to Mar 2026 were ₹1,404 Cr; over the last twelve months they were ₹1,357 Cr.

What is the net profit of Dwarikesh Sugar Industries?

Net profit for the year to Mar 2026 was ₹31.01 Cr, and ₹13.01 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.78.

How much debt does Dwarikesh Sugar Industries have?

Dwarikesh Sugar Industries reported borrowings of ₹335 Cr at Mar 2026, against cash and equivalents of ₹16.03 Cr.

What is the free cash flow of Dwarikesh Sugar Industries?

Cash from operations was ₹129 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹121 Cr.

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