Dwarikesh Sugar Industries Ltd

Dwarikesh Sugar Industries Ltd

Next 500 2024
+ 9 More
+ 9 More
OVERVIEW
FINANCIALS

About

As a key player in the Indian sugar industry, Dwarikesh Sugar Industries manufactures fine grains of sugar and allied products. The company’s key offerings include sugar, ethanol, power, sanitisers, and payment instructions. Dwarikesh started as a single plant in Bijnor, Uttar Pradesh, with a crushing capacity of 2500 tonnes of canes per day. Now, it has a combined production capacity of 21,500 tonnes of sugar every day with 3 manufacturing plants in Uttar Pradesh. Through utilisation of sugar byproducts like molasses, Dwarikesh’s distillery can manufacture up to 30 kilolitres of industrial alcohol per day. Additionally, the company’s power cogeneration business vertical is supported by power plants at each of its sugar manufacturing facilities with a combined power capacity of 89 MW. The Dwarikesh Research Institute is focused on adopting new technologies and techniques like sugarcane breeding stocks to improve the yield and quality of sugarcane.

Incorporation Year: 1993
Headquarters: Mumbai
Top Management: Gautam R. Morarka
Industry: Sugar

Featured In Fortune India Ranking

Next 500 India
#277(2024)#146(2023)#29(2022)#106(2021)#165(2020)#130(2019)#167(2018)#384(2017)#265(2016)#367(2015)
#277(2024)#146(2023)#29(2022)#106(2021)#165(2020)#130(2019)#167(2018)#384(2017)#265(2016)#367(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
1,899
(INR Cr)
Net Operating Income
1,710
(INR Cr)
Assets
1,306
(INR Cr)
Profit
84
(INR Cr)
Net Worth
822
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201320122011201020092008
Revenue
(INR Cr)
1899
-0.9%
1916
1.9%
1879
5.5%
1782
24.8%
1428
1.2%
1412
0.8%
1400
9.5%
1278
52.8%
836
-41.1%
1421
58.7%
896
11.9%
800
39.1%
575
-7.0%
618
67.0%
370
9.7%
338
-
Net Operating Income
(INR Cr)
1710
-18.71%
2103
6.28%
1979
7.61%
1839
37.63%
1336
23.25%
1084
-24.18%
1430
20.12%
1190
49.86%
794
-29.60%
1128
21.64%
928
32.78%
699
17.78%
593
6.86%
555
20.18%
462
72.93%
267
19.87%
Profit
(INR Cr)
84
-20.3%
105
-32.5%
155
69.6%
92
24.6%
73
-22.8%
95
-6.3%
101
-35.0%
156
300.6%
39
-
-17
-
-19
-
-11
-
-13
-
-9
-
25
-
-25
-
Assets
(INR Cr)
1306
14.6%
1139
-6.7%
1220
0.7%
1211
-10.5%
1354
18.3%
1145
58.2%
724
-13.3%
835
6.3%
785
5.6%
743
41.5%
525
-21.8%
672
9.5%
613
1.7%
603
-0.8%
608
-16.7%
730
-
Net Worth
(INR Cr)
822
11.1%
740
9.9%
673
16.3%
579
19.7%
484
4.3%
464
26.7%
366
27.9%
286
232.9%
86
18.1%
73
-18.7%
90
-24.7%
119
-1.1%
120
-9.9%
133
-6.4%
142
15.5%
123
-11.9%
Employee Cost
(INR Cr)
119
0.4%
118
22.6%
96
3.8%
93
17.7%
79
11.2%
71
2.2%
69
-3.1%
72
44.1%
50
-30.5%
71
77.3%
40
5.9%
38
7.4%
35
15.0%
31
15.8%
27
12.9%
24
-
Interest Cost
(INR Cr)
20263248332125535275717960466249
Cash & Bank Balance
(INR Cr)
3440391313151211164
Total Debt
(INR Cr)
456375524609846656342533656624392525467453449590

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201320122011201020092008
Profit As % Of Revenues 4.4%5.5%8.3%5.1%5.1%6.7%7.3%12.2%4.7%-----6.8%-
Profit As % Of Assets 6.4%9.2%12.7%7.6%5.4%8.3%14.0%18.7%5.0%-----4.1%-
Profit As % Of Networth 10.2%14.2%23.1%15.8%15.2%20.5%27.7%54.6%45.4%-----17.6%-
Interest Cost to EBITDA % 9.8%12.1%10.9%23.7%24.3%16.5%17.8%19.2%47.7%87.9%120.1%83.9%80.3%73.6%49.5%100.9%
Debt to Equity Ratio 0.550.510.781.051.751.410.941.867.638.584.384.423.883.403.164.79
RONW 10.7%14.8%24.8%17.2%15.5%22.9%31.1%77.7%36.5%-----16.9%-
ROCE 13.4%15.1%20.6%13.1%8.4%14.2%16.4%31.7%11.1%0.0%0.0%0.0%0.0%0.0%13.9%0.0%