DBOL
Dhampur Bio financials
- Market cap
- ₹787 Cr
- Sector
- Fast Moving Consumer Goods
- Calls analysed
- 3
Dhampur Bio Q1 FY26
What went well
- Revenue from operations for Q1 FY26 stood at ₹821 crores, reflecting a growth of 28.75% year-on-year.
- Biofuels and Spirit segment revenue reached ₹127.66 crores, an 83.55% increase YoY.
- Country liquor segment gross revenue grew 50.72% YoY to ₹286.34 crores, with EBIT up 72.5% to ₹4.33 crores.
What to watch
- The company reported a loss after tax of ₹19.37 crores in Q1 FY26, compared to a profit of ₹1.11 crores in Q1 FY25.
- Gross sugar recovery declined to 11.03% (from 12.01% in Q1 FY25) and net recovery to 9.54% (from 11.73% in Q1 FY25) due to red rot and pest infestation.
What Dhampur Bio does
Dhampur Bio Organics runs three integrated manufacturing complexes in western Uttar Pradesh (Asmoli, Mansurpur and Meerganj) that crush sugarcane into raw, refined, white, retail and pharma-grade sugar. The Asmoli distillery converts syrup and B-heavy/C-heavy molasses into ethanol, including via a dual-feed (sugarcane and grain) plant, and part of that distillery capacity is also used to make country liquor (IMIL) sold in Tetra packs and bottles. Bagasse and other by-products from crushing are used to generate renewable power and CO2 across the three sites.
Segments
- Sugar
- Biofuels & Spirits
- Country Liquor
- Power
- Manufacturing complexes
- 3 (Asmoli, Mansurpur, Meerganj, Uttar Pradesh)
- Consolidated sugarcane crushing capacity
- 29,500 TCD
- Sugar refinery capacity
- 2,000 TPD
- Pharma-grade sugar capacity
- 700 TPD
- Biofuels & Spirits capacity (BH molasses)
- 312,500 LPD (312.5 KLPD)
- Dual-feed distillery capacity (molasses & grain)
- 100 KLPD
Guidance record · Q1 FY26
what the last two calls moved 5 tracked 2 delivered 0 missed 3 open- Grain-based distillery operational timeline delivered said Q3 FY25 Promised: We should start its operation somewhere in end April, early May. Q1 FY26: Conversion into a dual-feed facility was completed in June 2025.
- Country Liquor Market Share in UP on track said Q4 FY25 Promised: We hope to get to 5% to 6% in the coming year is what our internal target are. Q1 FY26: Revenue grew 50.72%, indicating strong market penetration, though exact share % was not explicitly updated.
All 5 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 4.5%, net profit up 300.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 466 | 486 | 464 | 530 | 526 +13% | 441 −9% | 472 +2% | 554 +5% |
| EBITDA | -9 | 16 | 98 | 12 | -7 +22% | 39 +144% | 80 −18% | 11 −8% |
| Net profit | -22 | -6 | 40 | -19 | -16 +27% | 14 +333% | 46 +15% | 38 +300% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +39.4% 1Y
1Y: ₹85.02 on 10 Sept 2025 → ₹118.55. High ₹135.61 (20 Aug 2026), low ₹69.44 (18 Nov 2025).
Financials, as filed
Revenue fell 6.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.4k Cr | ₹1.8k Cr | ₹1.9k Cr | ₹2.0k Cr |
| Operating profit | ₹202 Cr | ₹138 Cr | ₹139 Cr | ₹124 Cr |
| Operating margin | 8.4% | 7.5% | 7.4% | 6.3% |
| Interest | ₹40 Cr | ₹46 Cr | ₹67 Cr | ₹58 Cr |
| Depreciation | ₹40 Cr | ₹49 Cr | ₹54 Cr | ₹55 Cr |
| Net profit | ₹113 Cr | ₹49 Cr | ₹13 Cr | ₹25 Cr |
| Net margin | 4.7% | 2.7% | 0.7% | 1.3% |
| Cash from operations | ₹386 Cr | ₹-122 Cr | ₹132 Cr | ₹218 Cr |
| Free cash flow | ₹176 Cr | ₹-266 Cr | ₹-13 Cr | ₹176 Cr |
| ROCE | 10.0% | 5.0% | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr | ₹66 Cr |
| Reserves | ₹715 Cr | ₹819 Cr | ₹929 Cr | ₹954 Cr | ₹895 Cr | ₹963 Cr |
| Borrowings | ₹403 Cr | ₹835 Cr | ₹810 Cr | ₹1.1k Cr | ₹562 Cr | ₹1.1k Cr |
| Other liabilities | ₹355 Cr | ₹280 Cr | ₹272 Cr | ₹236 Cr | ₹121 Cr | ₹231 Cr |
| Total liabilities | ₹1.5k Cr | ₹2.0k Cr | ₹2.1k Cr | ₹2.3k Cr | ₹1.6k Cr | ₹2.3k Cr |
| Fixed assets | ₹628 Cr | ₹689 Cr | ₹909 Cr | ₹1.0k Cr | ₹1.1k Cr | ₹1.1k Cr |
| Capital work in progress | ₹7 Cr | ₹78 Cr | ₹36 Cr | ₹13 Cr | ₹8 Cr | ₹1 Cr |
| Investments | ₹11 Cr | ₹7 Cr | ₹27 Cr | ₹28 Cr | ₹2 Cr | ₹26 Cr |
| Other assets | ₹893 Cr | ₹1.2k Cr | ₹1.1k Cr | ₹1.2k Cr | ₹498 Cr | ₹1.2k Cr |
| Total assets | ₹1.5k Cr | ₹2.0k Cr | ₹2.1k Cr | ₹2.3k Cr | ₹1.6k Cr | ₹2.3k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −1.25 pp while others added +1.02 pp. The shareholder count shrank 9% to 44,537.
- Promoters
- 50.8%
- FIIs
- 0.3%
- DIIs
- 0.8%
- Public
- 47.1%
- Others
- 1.0%
Since Jun 2025
- Public −1.25 pp
- Others +1.02 pp
- DIIs +0.37 pp
How it drifted, 12 quarters
Over this window FIIs fell from 4.8% to 0.3% — −4.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 50.5%, FIIs 4.8%, DIIs 0.5%, Public 44.3%.Dec '23: Promoters 50.6%, FIIs 3.4%, DIIs 0.5%, Public 45.5%.Mar '24: Promoters 50.8%, FIIs 1.9%, DIIs 0.5%, Public 46.8%.Jun '24: Promoters 50.8%, FIIs 1.3%, DIIs 0.5%, Public 47.5%.Sep '24: Promoters 50.8%, FIIs 0.8%, DIIs 1.4%, Public 47.0%.Dec '24: Promoters 50.8%, FIIs 0.7%, DIIs 0.5%, Public 48.1%.Mar '25: Promoters 50.8%, FIIs 0.5%, DIIs 0.5%, Public 48.2%.Jun '25: Promoters 50.8%, FIIs 0.4%, DIIs 0.5%, Public 48.3%.Sep '25: Promoters 50.6%, FIIs 0.3%, DIIs 0.5%, Public 47.7%, Others 0.9%.Dec '25: Promoters 50.6%, FIIs 0.5%, DIIs 0.8%, Public 47.2%, Others 0.9%.Mar '26: Promoters 50.6%, FIIs 0.5%, DIIs 0.8%, Public 47.1%, Others 0.9%.Jun '26: Promoters 50.8%, FIIs 0.3%, DIIs 0.8%, Public 47.1%, Others 1.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Shudh Edible Products Private Limited +0.13 pp 17.03% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Dhampur Bio above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sonitron Limited | 17.28% | unchanged |
| Shudh Edible Products Private Limited | 17.03% | +0.13 pp |
| Gautam Goel | 11.84% | unchanged |
| Anil Kumar Goel | 9.04% | unchanged |
| Deepa Goel | 4.52% | unchanged |
| Seema Goel | 3.70% | unchanged |
| Bhavook Tripathi | 2.33% | unchanged |
| Brahm Precision Materials Pvt Ltd | 1.76% | unchanged |
| Bindu Vashist Goel | 0.12% | unchanged |
| Intensive IT Solutions Private Limited | 0.00% | unchanged |
| Minerva Impex Private Limited | 0.00% | unchanged |
| Palash Infotech Private Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (3)
Read the Q1 FY26 call →Learn to analyse Dhampur Bio
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