Davangere Sugar Company Limited specializes in Sugar within the Fast Moving Consumer Goods sector.
Davangere Sugar Company Limited, with Security Code 543267, is a leading player in the Sugar industry, categorized under the Fast Moving Consumer Goods sector, offering Equity instruments.
| Date Begin | Date End | Net Sales | Net Profit | Total Income | Diluted EPS for continuing operation | Other Expenses | Other Income | Depreciation and amortisation expense | Profit (+)/ Loss (-) from Ordinary Activities before Tax |
|---|---|---|---|---|---|---|---|---|---|
| 2024-01-01 | 2024-03-31 | 635.70 | 45.52 | 654.43 | 0.48 | -25.38 | 18.74 | -32.78 | 45.97 |
| 2023-10-01 | 2023-12-31 | 783.13 | 56.13 | 788.38 | 0.60 | -75.40 | 5.25 | -28.94 | 69.13 |
| 2023-10-01 | 2023-12-31 | 783.13 | 56.13 | 788.38 | 0.60 | -75.40 | 5.25 | -28.94 | 69.13 |
| 2023-07-01 | 2023-09-30 | 269.18 | 9.68 | 272.38 | 0.10 | -69.72 | 3.20 | -28.94 | 15.40 |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 32% |
| 3 Years: | 70% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 92% |
| 1 Year: | 27% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| 1 Year: | 0% |
The company's net profit increased by 25% to Rs. 120 crore in Q3 FY23, compared to Rs. 96 crore in the same period last year. The company attributed the strong performance to higher sugar prices and increased sales volume.
The company has launched a new sugar brand called 'Sweet & White'. The new brand is positioned as a premium product and will be available in a range of pack sizes.
The company has announced plans to expand into new markets in India, including the states of Maharashtra and Tamil Nadu. The company is also looking to export sugar to new markets in the Middle East and Africa.
