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    Dalmia Bharat Sugar and Industries Limited

    Integrated sugar, ethanol and power producer running six mills across Uttar Pradesh and Maharashtra.

    Fast Moving Consumer Goods
    Fast Moving Consumer Goods
    ₹367.4
    +5.58% from avg

    Overview

    Price

    ₹367.4

    Market Cap

    ₹2.9k Cr

    Sector

    Fast Moving Consumer Goods

    Fast Moving Consumer Goods

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY25FY26FY26
    LiabilitiesEquity Capital1616161616161616
    Reserves2.1k2.3k2.7k2.9k3.0k3.0k3.2k3.2k
    Borrowings9588194541.4k3631.0k5471.7k
    Other Liabilities629645644800577541462473
    Total Liabilities3.7k3.8k3.8k5.2k4.0k4.6k4.2k5.5k
    AssetsFixed Assets1.3k1.5k1.7k1.8k1.8k1.7k1.6k1.8k
    CWIP27592113319918621215
    Investments5635947366296565831.0k1.3k
    Other Assets1.8k1.6k1.4k2.6k1.3k2.2k1.4k2.3k
    Total Assets3.7k3.8k3.8k5.2k4.0k4.6k4.2k5.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-220209346567583-239410210
    Cash from Investing-30-32936-327-192-257-113-775
    Cash from Financing219145-364-217-419902-480596
    SummaryCapital Expenditure
    Free Cash Flow-327119274234365-624267151
    FCF Margin

    Valuation

    Assumptions

    Current — DALMIASUG
    Price
    ₹367
    EPS (TTM)
    ₹29.39
    PE (TTM)
    12.5
    Profit growth
    -1.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (11.0×) and current (12.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹367
    vs
    Fair value · 15% return
    ₹120
    67%Overvalued

    At -1.8% growth and a 11× exit, ₹367 only delivers your return if you pay ₹120. The price is currently baking in 20% growth.

    EPS grows -1.8%/yr for 5 years, then fades to 6% over 2, exits at 11×.

    YearGrowthEPS (₹)
    FY27-1.8%28.86
    FY28-1.8%28.34
    FY29-1.8%27.83
    FY30-1.8%27.33
    FY31-1.8%26.84
    FY322.1% ·fade27.40
    FY336.0% ·fade29.05

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Dalmia Bharat Sugar and Industries Limited

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