DS

Dwarikesh Sugar Industries Ltd

Q2 FY24Agricultural Food & other Products

Dwarikesh Sugar Industries Q2 FY24 earnings call: Revenue & Margins

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹41
Market cap₹763 Cr
P/E52.6
Updated24 Sept 2026
Read4 min read

Based on Dwarikesh Sugar Industries Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Industrial Alcohol: - Q2FY24 sales volume: 28,736 KL vs. Q2 FY24 EBITDA: ₹319.0 million; Q2 FY23 EBITDA: ₹306.2 million; Margin improved from 5.7% to 7.2% - Q2 FY24 Profit After Tax (PAT): ₹102.6 million; Q2 FY23 PAT: ₹78.4 million; PAT margin improved fr

From Dwarikesh Sugar Industries Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Industrial Alcohol:
  • Q2FY24 sales volume: 28,736 KL vs. 22,257 KL in Q2FY23 (29% increase)
  • Half-year sales volume H1FY24: 59,090 KL vs. 37,892 KL in H1FY23 (56% increase)
  • Q2FY24 revenue from operations: ₹1,759.9 million vs ₹1,367.3 million in Q2FY23 (29% increase)
  • H1FY24 revenue: ₹3,681.9 million vs ₹2,298.4 million in H1FY23 (60% increase)
  • Sugar Business:
  • Q2FY24 sugar sold: 719,000 quintals vs 1,148,700 quintals in Q2FY23 (37% decrease)
  • H1FY24 sugar sold: 1,689,300 quintals vs 2,677,900 quintals in H1FY23 (37% decrease)
  • Q2FY24 revenue from sugar operations: ₹4,455 million vs ₹5,401 million in Q2FY23 (18% decrease)
  • H1FY24 revenue: ₹10,167 million vs ₹11,866 million in H1FY23 (14% decrease)

2 more points management made on revenue & sales performance

Profitability & Margins

See what Dwarikesh Sugar Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Commissioned a new Distillery Plant of 175 KLPD capacity at Dwarikesh Dham unit; commenced commercial production on July 7, 2022 (Page 12, 9).
  • 2017: Completed 100 KLPD Distillery capacity expansion project; operations started December 2019 (Page 12).
  • Distillery capacity stabilized at 130 KLPD in 2019 and 162.5 KLPD in 2020 (Page 12).
  • Dwarikesh Nagar plant crushing capacity increased from 2,500 TCD at commissioning (1995) to 6,500 TCD; cogeneration capacity expanded from 6 MW to 22 MW with surplus power supply to grid (Page 12, 9).
  • Dwarikesh Puram plant commissioned with 7,500 TCD crushing capacity & 9 MW cogeneration (2005), increased cogeneration capacity to 33 MW (Page 12, 9).

2 more points management made on capital expenditure plans

Top-ranked in Agricultural Food & other Products

Ranked on what management guided this quarter

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3
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5
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Dwarikesh Sugar Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation "863.pdf" does not report or mention any details related to: - Order book - Order inflow - Pending orders No specific information or data regarding orders, order backlogs, or inflows is provided anywhere in the presentation. The content mainly focuses on financial performance, operational trends, segment performance (sugar, distillery, power generation), revenues, and EBITDA figures for Q2 and H1 FY24 periods. There is no reference to any order-related metrics or status.

Dwarikesh Sugar Industries Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹425 Cr, net profit ₹57 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Dwarikesh Sugar Industries Ltd Q2 FY24 results?

Industrial Alcohol: - Q2FY24 sales volume: 28,736 KL vs. Q2 FY24 EBITDA: ₹319.0 million; Q2 FY23 EBITDA: ₹306.2 million; Margin improved from 5.7% to 7.2% - Q2 FY24 Profit After Tax (PAT): ₹102.6 million; Q2 FY23 PAT: ₹78.4 million; PAT margin improved fr

What is Dwarikesh Sugar Industries Ltd share price analysis?

Dwarikesh Sugar Industries Ltd currently shows a neutral. The stock trades at a P/E of 52.6 with a market cap of ₹763 Cr. Investors should review the full earnings analysis for detailed insights.

Is Dwarikesh Sugar Industries Ltd planning capital expenditure?

Commissioned a new Distillery Plant of 175 KLPD capacity at Dwarikesh Dham unit; commenced commercial production on July 7, 2022 (Page 12, 9). - 2017: Completed 100 KLPD Distillery capacity expansion project; operations started December 2019 (Page 12). - Distillery capacity stabilized at 130 KLPD in 2019 and 162.5 KLPD in 2020 (Page 12). - Dwarikesh Nagar plant crushing capacity increased from 2,500 TCD at commissioning (1995) to 6,500 TCD; cogeneration capacity expanded from 6 MW to 22 MW with surplus power supply to grid (Page 12, 9). - Dwarikesh Puram plant commissioned with 7,500 TCD crushing capacity & 9 MW cogeneration (2005), increased cogeneration capacity to 33 MW (Page 12, 9). - Dwarikesh Dham plant commission in 2016 with 7,500 TCD crushing and 36 MW cogeneration capacity (surplus c.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.