Davangere Sugar Company Limited (DAVANGERE) Stock Price & Analysis

DAVANGERE Stock Chart & Stats

₹1.96-₹0.04(-2.00%)

At close: Oct 30 3:30 PM GMT+5:30

Day’s Range: INR 1.95 - INR 2.05
52-Week Range: INR 1.74 - INR 5.48
Previous Close: INR 2.00
Volume: 1.05M
Average Volume (3M): 808.69K
Market Cap: INR 3.32B
Enterprise Value: INR 7.77B
Total Cash (Recent Filing): INR 65.67M
Total Debt (Recent Filing): INR 0
Price to Earnings (P/E): 36.6
Beta: 0.42
Next Earnings: Nov 05, 2026 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Revenue Rebound

The FY2026 revenue rebound shows that the company retained the ability to grow sales after the earlier downturn. If sustained, renewed top-line activity can improve operating absorption and provide a foundation for rebuilding earnings across the sugar and allied processing business.

Improved Leverage

A substantial reduction in debt-to-equity improves financial flexibility and lowers balance-sheet pressure relative to the prior year. The stronger capital structure can give Davangere more capacity to manage seasonal operations and fund business needs while limiting dependence on additional borrowing.

Positive Earnings

Positive net income indicates that Davangere remains profitable despite weaker margins and a difficult multi-year revenue pattern. Maintaining earnings provides an operating base for recovery, supports internal capital formation, and reduces the risk associated with relying entirely on external financing.

Bears Say

Weak Cash Generation

sharply negative operating and free cash flow shows that reported earnings are not consistently converting into cash. Persistent weak conversion can constrain reinvestment, increase reliance on available balance-sheet capacity, and make the business more vulnerable during periods of weaker sugar-sector cash generation.

Margin Compression

The sharp decline in gross and net margins reduces the amount of profit generated from each unit of revenue. Lower profitability leaves less protection against operating volatility and makes future earnings more sensitive to changes in costs, pricing, and the efficiency of sugar-processing operations.

Volatile Growth And Low Returns

A volatile multi-year revenue path combined with low return on equity indicates that the enlarged capital base is not yet producing strong economic returns. This weakens the quality of growth and suggests that sales recovery alone may not translate into durable shareholder profitability.

Davangere Sugar Company Limited News

Davangere Sugar Issues Corrigendum on Promoter Convertible Warrants

An announcement from Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) is now available. Davangere Sugar Company Limited, a listed sugar producer based in Karnataka and traded on BSE and NSE

3w ago

Davangere Sugar Files Scrutinizer’s Report on AGM Voting Results

The latest update is out from Davangere Sugar Company Limited ( ($IN:DAVANGERE) ). Davangere Sugar Company Limited has informed the stock exchanges that it has submitted the consolidated scrutinizer’s report

1M ago

Davangere Sugar details proceedings of its 55th AGM

Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) has shared an update. Davangere Sugar Company Limited held its 55th Annual General Meeting on September 9, 2026 in Davangere, attended by 340

1M ago

Davangere Sugar boosts equity capital via USD 10 million FCCB conversion

An update from Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) is now available. Davangere Sugar Company Limited’s board has approved the allotment of 26,59,05,000 fully paid equity shares of face

2M ago

Davangere Sugar Sets September 12 Date for 55th AGM

Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) has issued an update. Davangere Sugar Company Limited has scheduled its 55th Annual General Meeting for September 12, 2026, at Davangere, Karnataka, to

2M ago

Davangere Sugar clears USD 100 million FCCB issue for Afrinex listing

Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) has shared an announcement. Davangere Sugar Company has approved the issuance of unsecured Foreign Currency Convertible Bonds worth USD 100 million, structured as

4M ago

Davangere Sugar Discloses Voting Results of April 24 EGM

Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) has issued an update. Davangere Sugar Company Limited has released the scrutinizer’s report and disclosed the voting results of its Extraordinary General Meeting

6M ago

Davangere Sugar Calls Extraordinary General Meeting for April 24

The latest update is out from Davangere Sugar Company Limited ( ($IN:DAVANGERE) ). Davangere Sugar Company Limited has announced that it has dispatched the notice for an Extraordinary General Meeting

7M ago

Davangere Sugar Closes Trading Window Ahead of March 30 Board Meeting

Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) has shared an announcement. Davangere Sugar Company Limited has announced the closure of its trading window for designated and connected persons, as well

7M ago

Davangere Sugar Says Share Price Volatility Is Market-Driven, No Undisclosed Events

An update from Davangere Sugar Company Limited ( ($IN:DAVANGERE) ) is now available. Davangere Sugar Company Limited has clarified to both BSE and the National Stock Exchange of India that

9M ago

DAVANGERE FAQ

What was Davangere Sugar Company Limited’s price range in the past 12 months?

Davangere Sugar Company Limited lowest stock price was ₹1.74 and its highest was ₹5.48 in the past 12 months.

What is Davangere Sugar Company Limited’s market cap?

Davangere Sugar Company Limited’s market cap is ₹3.32B.

When is Davangere Sugar Company Limited’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Davangere Sugar Company Limited’s earnings last quarter?

Davangere Sugar Company Limited released its earnings results on Aug 14, 2026. The company reported ₹0.007 earnings per share for the quarter.

Is Davangere Sugar Company Limited overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Davangere Sugar Company Limited pay dividends?

Davangere Sugar Company Limited does not currently pay dividends.

What is Davangere Sugar Company Limited’s EPS estimate?

Davangere Sugar Company Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Davangere Sugar Company Limited have?

Davangere Sugar Company Limited has 1,695,895,800 shares outstanding.

What happened to Davangere Sugar Company Limited’s price movement after its last earnings report?

Davangere Sugar Company Limited reported an EPS of ₹0.007 in its last earnings report. Following the earnings report the stock price went up 0.669%.

Which hedge fund is a major shareholder of Davangere Sugar Company Limited?

Currently, no hedge funds are holding shares in IN:DAVANGERE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description