Dwarikesh Sugar Industries Ltd Q4 FY25 Share Price & Earnings Call Analysis

Financials of Dwarikesh Sugar Industries Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Dwarikesh Sugar Industries Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +533571446313380341246313459405246325425
Expenses +446494417287307339269286352402287287339
Operating Profit86772926732-23271074-413887
OPM %16%13%6%8%19%1%-9%9%23%1%-17%12%20%
Other Income +2036212400231
Interest6644763385216
Depreciation131313141312121212121212-0
Profit before tax7059151456-15-361688-13-532782
Tax %33%31%31%31%59%-35%-33%32%47%-28%-38%42%30%
Net Profit +4741101023-10-241146-9-331557
EPS in Rs2.482.160.540.521.22-0.53-1.300.582.50-0.51-1.760.833.10

Financials of Dwarikesh Sugar Industries Ltd

Profit & Loss

Annual income statement trend

Mar 2015 18mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1,1287941,1901,4301,0841,3361,8391,9792,1031,7101,3591,402
Expenses +1,0436869171,2879551,2001,6381,6881,8881,5051,2451,315
Operating Profit8610827314212913620129121520511387
OPM %8%14%23%10%12%10%11%15%10%12%8%6%
Other Income +1013181736573141267
Interest755252252133483226201915
Depreciation473130323337414450524937
Profit before tax-2739209102111721202191521445243
Tax %-37%1%25%1%14%-3%24%29%31%42%56%27%
Net Profit +-1739156101957392155105842331
EPS in Rs-1.032.398.295.395.053.904.868.245.564.441.261.66
Dividend Payout %0%0%12%0%20%26%26%24%36%0%0%0%

Financials of Dwarikesh Sugar Industries Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161619191919191919191919
Reserves5670267347445465560654721803788810
Borrowings +655687533342656846609524375456507336
Other Liabilities +271229200276246279257222166137149133
Total Liabilities9991,0011,0199841,3651,6091,4451,4201,2801,4151,4631,298
Fixed Assets +399356331341319430410388582583547528
CWIP001016211420000
Investments000000000111
Other Assets +6006446876421,0291,1771,035889697831915769
Total Assets9991,0011,0199841,3651,6091,4451,4201,2801,4151,4631,298

Financials of Dwarikesh Sugar Industries Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-15137141298-250112963393141361129
Cash from Investing Activity +-4-13-5-41-44-111-18-198-92-41-7-4
Cash from Financing Activity +154-20-140-256292101-280-141-2222727-194
Net Cash Flow-14-42-21-200-081-69
Free Cash Flow-15524136257-298-100276178216-3748122
CFO/OP-176%34%66%240%-178%19%147%129%160%19%64%159%

Financials of Dwarikesh Sugar Industries Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1430171420271361281713
Inventory Days195333286172388330223191128222272225
Days Payable80893670867549241313123
Cash Conversion Cycle129273267116322281187173128216277235
Working Capital Days-40-11211071525653608793109
ROCE %8%11%32%17%14%9%13%21%15%14%5%5%