In , Dhampur Bio Organics Ltd (Sugar) is outperforming Nifty 500 with +20.9% relative strength. Fundamentals: Average. On a 12-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Apr 18, 2026
What: Sugar Realization: ₹ 41,316/Ton
Impact: 815 bps EBIT margin improvement
“The company intends to enhance production of niche, processed and value-added sugar; and moderate exposure to conventional sugar exposed to commodity price risks”
What: Long Term Debt : Equity Ratio: 0.27x
“The Company repaid long term loans of ₹ 17.59 crores during Q3 FY25. Long Term Debt : Equity Ratio 0.27 times.”
What: EBITDA growth of 181% YoY to ₹ 47.37 Crores
“Sugar segment sales at 376 Crores, witnessed increase in sugar sales realisation by 6.72% which is partially offset by reduction of sugar sales volume.”
Earnings deceleration risks from management commentary
Trigger: Exposure to conventional sugar commodity price risks and volume fluctuations.
Management view: Enhancing production of niche and value-added sugar to moderate exposure.
Monitor: commodity
Key quotes from recent conference calls
“Revenue reported a growth of 12.89% owing to positive performance in Bio-fuel & Spirits and Country Liquor segments [Previous Revenue Growth guidance]”
“The company intends to enhance production of niche, processed and value-added sugar; and moderate exposure to conventional sugar exposed to commodity price risks [Initiative: Sugar Premiumization]”
“Sugar segment sales at 376 Crores... partially offset by reduction of sugar sales volume by 17.90%. Bio-Fuels segment sales... witnessed decline in volume, and average realisation. [Risk (commodity): HIGH]”
“The company intends to enhance production of niche, processed and value-added sugar; and moderate exposure to conventional sugar exposed to commodity price risks [Catalyst (value_added_product_mix_shift): ACTIVE]”
Headline numbers from the latest earnings call
Revenue
₹ 440.51 Crores
Why: Revenue reported a decline mainly on account of lower sugar sales quantity during the quarter.
The decline in revenue was primarily driven by a 17.90% reduction in sugar sales volume.
EBITDA
₹ 47.37 Crores
Why: Profitability was positively impacted due to higher margins in the Sugar segment despite lower volumes.
EBITDA margins expanded significantly from 2.28% to 6.72% YoY due to better realizations.
PAT
₹ 13.87 Crores
Why: The company turned profitable at the PAT level compared to a loss in the previous year's quarter due to improved sugar realizations.
PAT margin stood at 3.15% for Q3 FY26 against a negative margin of 1.28% in Q3 FY25.
Other Highlights
• Sugar realizations increased by 6.72% YoY to ₹ 41,316 per Ton.
• Country Liquor sales volume remained steady at ₹ 29 Crores YoY.
• Repaid long term loans of ₹ 17.59 crores during Q3 FY25.
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Sugar Sales Volume
73,282 Tons
Why: Lower sugar sales quantity during the quarter.
Average Sugar Realisation
₹ 41,316/Ton
Why: Witnessed increase in sugar sales realisation.
Ethanol Production
14.45 Mn BL
Why: Bio-Fuels segment sales witnessed decline in volume.
Ethanol Average Realisation
₹ 61.99/BL
Why: Bio-Fuels segment witnessed decline in average realisation YoY.
Country Liquor Sales
11,47,686 Cases
Why: Country Liquor sales (net of excise) remained at ₹ 29 Crores YoY.
Sugar Inventory
1,11,873 Tons
Why: Inventory levels increased significantly QoQ as crushing season progressed.
Power Generation
84.31 Mn Units
Why: Seasonal increase in power generation during crushing season.
Net Sugar Recovery
10.03%
Why: Improvement in recovery rates YoY.
Forward-looking targets from management
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +5% | +6% | Stable |
| PAT (Net Profit) | +343% | -47% | Accelerating |
| OPM | 9.0% | +600 bps | Volatile |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Dhampur Bio Organics Ltd's latest quarterly results (Dec 2025) show
Dhampur Bio Organics Ltd's profit is growing with an accelerating trend.
Dhampur Bio Organics Ltd's revenue growth trend is stable.
Dhampur Bio Organics Ltd's operating margin is volatile.
Dhampur Bio Organics Ltd's long-term compounding rates
Dhampur Bio Organics Ltd's earnings growth is accelerating with improving on a sequential basis.
Dhampur Bio Organics Ltd's trailing twelve month (TTM) performance
Dhampur Bio Organics Ltd appears significantly overvalued based on our fair value analysis.
Dhampur Bio Organics Ltd's current PE ratio is 35.0x.
Dhampur Bio Organics Ltd's current PE is 35.0x.
Dhampur Bio Organics Ltd's price-to-book ratio is 0.9x.
Dhampur Bio Organics Ltd is rated Average with a fundamental score of 48.56/100. This score is calculated from objective financial metrics
Dhampur Bio Organics Ltd has a debt-to-equity ratio of N/A.
Dhampur Bio Organics Ltd's return ratios over recent years
Dhampur Bio Organics Ltd's operating cash flow is positive (FY2025).
Dhampur Bio Organics Ltd's current dividend yield is 1.00%.
Dhampur Bio Organics Ltd's shareholding pattern (Mar 2026)
Dhampur Bio Organics Ltd's promoter holding has remained stable recently.
Dhampur Bio Organics Ltd has been outperforming Nifty 500 for 12 consecutive weeks, indicating strong sustained outperformance.
Dhampur Bio Organics Ltd is an established outperformer with 12 weeks of consecutive Nifty 500 outperformance.
Dhampur Bio Organics Ltd has 3 key growth catalysts identified from recent earnings analysis
Dhampur Bio Organics Ltd has 1 key risk worth monitoring
In Q3 FY26, Dhampur Bio Organics Ltd's management highlighted
Dhampur Bio Organics Ltd's management has provided the following forward guidance
Dhampur Bio Organics Ltd's most important sub-sector-specific KPIs from the latest concall
Based on quantitative research signals, here is why Dhampur Bio Organics Ltd may be worth studying
Dhampur Bio Organics Ltd investment thesis summary:
Dhampur Bio Organics Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
