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Dhampur Bio Organics Ltd (IN:DBOL)
:DBOL
India Market
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Dhampur Bio Organics Ltd (DBOL) AI Stock Analysis

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IN:DBOL

Dhampur Bio Organics Ltd

(DBOL)

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Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
₹132.00
▲(67.87% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by volatile financial performance—especially materially compressed margins and historically inconsistent operating/free cash flow—alongside moderate-to-elevated leverage and weakened ROE. Offsetting this, technicals indicate a steady uptrend with neutral momentum, and valuation is supportive given the low P/E and a modest dividend yield.
Positive Factors
Integrated revenue streams
DBOL’s integrated sugarcane model supports multiple monetization channels beyond core sugar sales, including ethanol and co-products. This broadens the ways the company can capture value from each unit of cane and provides a structural platform for operating flexibility.
Negative Factors
Compressed margins
Materially thinner net and gross margins leave DBOL with less earnings protection when sugarcane costs, realization levels or operating conditions move unfavorably. The reduced margin base also limits the company’s ability to absorb volatility while sustaining reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated revenue streams
DBOL’s integrated sugarcane model supports multiple monetization channels beyond core sugar sales, including ethanol and co-products. This broadens the ways the company can capture value from each unit of cane and provides a structural platform for operating flexibility.
Read all positive factors

Dhampur Bio Organics Ltd (DBOL) vs. iShares MSCI India ETF (INDA)

Dhampur Bio Organics Ltd Business Overview & Revenue Model

Company Description
Dhampur Bio Organics Ltd., founded in 2020 and headquartered in New Delhi, India, functions as a holistic sugarcane processing enterprise. The company's operations in India involve the manufacturing and distribution of various products, such as re...
How the Company Makes Money
DBOL makes money primarily by selling products derived from sugarcane processing through multiple revenue streams: (1) Sugar sales: The core revenue stream comes from manufacturing sugar and selling it to institutional buyers (such as wholesalers,...

Dhampur Bio Organics Ltd Financial Statement Overview

Summary
Financials are mixed: revenue rebounded in 2026 (~4.8% growth) but has been uneven over multiple years. Profitability has compressed materially (net margin ~1.2% in 2026 vs ~4.6% in 2023; gross margin down to ~16.1% from ~25.6% in 2025). Cash flow is the main weak spot due to inconsistency (OCF negative in 2024 and 2022), despite positive OCF and improved FCF in 2026. Balance sheet leverage is moderate-to-elevated (debt-to-equity ~1.03) with sharply lower ROE (~2.5% in 2026 vs ~11–12% in 2022–2023).
Income Statement
55
Neutral
Balance Sheet
58
Neutral
Cash Flow
46
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue21.17B21.09B18.62B18.39B24.08B15.54B
Gross Profit4.40B3.39B4.76B3.65B5.50B2.20B
EBITDA1.70B1.63B1.38B1.59B2.13B1.90B
Net Income839.70M251.80M146.90M464.90M1.11B1.02B
Balance Sheet
Total Assets0.0023.22B23.98B23.13B20.77B20.01B
Cash, Cash Equivalents and Short-Term Investments87.10M361.60M389.80M293.90M1.04B229.80M
Total Debt0.0010.60B11.62B10.57B8.10B8.35B
Total Liabilities-10.27B12.95B13.86B13.01B10.89B11.23B
Stockholders Equity10.27B10.27B10.12B10.11B9.89B8.77B
Cash Flow
Free Cash Flow6.69B1.15B-161.70M-2.72B1.45B-4.08B
Operating Cash Flow6.89B1.59B1.30B-1.01B3.55B-2.46B
Investing Cash Flow-178.20M-422.00M-1.46B-1.66B-1.96B-1.38B
Financing Cash Flow-6.52B-1.17B187.90M1.70B-781.20M3.94B

Dhampur Bio Organics Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price78.63
Price Trends
50DMA
114.82
Positive
100DMA
113.34
Positive
200DMA
101.42
Positive
Market Momentum
MACD
3.97
Positive
RSI
57.82
Neutral
STOCH
42.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DBOL, the sentiment is Positive. The current price of 78.63 is below the 20-day moving average (MA) of 125.21, below the 50-day MA of 114.82, and below the 200-day MA of 101.42, indicating a bullish trend. The MACD of 3.97 indicates Positive momentum. The RSI at 57.82 is Neutral, neither overbought nor oversold. The STOCH value of 42.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:DBOL.

Dhampur Bio Organics Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
₹124.14B27.821.96%8.58%-1.86%
63
Neutral
₹2.82B5.840.73%-8.26%15.48%
61
Neutral
₹8.28B9.831.17%10.24%
56
Neutral
₹2.34B8.6016.25%30.67%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
₹2.48B45.201.53%-8.21%-55.42%
47
Neutral
₹51.06B-6.603.19%-2.60%-96.37%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:DBOL
Dhampur Bio Organics Ltd
127.40
43.61
52.04%
IN:GODREJAGRO
Godrej Agrovet Limited
665.65
-55.05
-7.64%
IN:KMSUGAR
K.M. Sugar Mills Ltd.
30.68
2.17
7.61%
IN:KOTARISUG
Kothari Sugars & Chemicals Ltd.
30.13
-1.96
-6.11%
IN:RENUKA
Shree Renuka Sugars Limited
25.14
-6.74
-21.14%
IN:SAKHTISUG
Sakthi Sugars Limited
20.00
-2.73
-12.01%

Dhampur Bio Organics Ltd Corporate Events

Dhampur Bio Organics files AGM voting results and scrutinizer’s report
Jul 26, 2026
Dhampur Bio Organics Limited has reported the voting results of its sixth Annual General Meeting held on July 24, 2026, conducted via video conferencing and other audio-visual means. The company submitted the consolidated scrutinizer’s repor...
Dhampur Bio Organics Posts Q1 FY27 Results, Holds Back Interim Dividend
Jul 14, 2026
Dhampur Bio Organics Ltd reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following approval by the board of directors at a meeting held on July 14, 2026. The results, accompanied by a limit...
Dhampur Bio Organics Confirms Fully Dematerialized Shareholding for Q1 FY27
Jul 10, 2026
Dhampur Bio Organics Ltd. has notified the stock exchanges that it has obtained a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026, from its registrar...
Dhampur Bio Organics Completes Rs. 305 Crore Slump Sale of Meerganj Sugar Unit
Jun 18, 2026
Dhampur Bio Organics Ltd. has completed the slump sale of its Meerganj sugar unit in Bareilly, Uttar Pradesh, transferring the business as a going concern to Forever Global Enterprises Ltd. The transaction, executed under a previously announced bu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026