# Dalmia Bharat Sugar & Industries share price today (Dalmia Bharat Sugar & Industries Ltd, NSE: DALMIASUG)

> Dalmia Bharat Sugar & Industries share price today: ₹414.90 at the NSE close on 3 November 2026, up 20.6% in a year. Dalmia Bharat Sugar & Industries (NSE: DALMIASUG) is worth ₹3,354 crore, trades at a P/E of 16.3 and has closed between ₹274.10 and ₹497.95 over the past 52 weeks. > Dalmia Bharat Sugar & Industries Ltd's share price has risen faster than its earnings: +20.6% in a year, against −35.2% for earnings per share. DALMIASUG · Sugar · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/dalmia-bharat-sugar-industries-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹414.90 (+20.6% in a year)
- P/E: 16.3× (higher than 89% of the last 11 years)
- Revenue (Jun 2026): ₹848 Cr (−9.9% on a year ago)
- Profit (Jun 2026): ₹6.9 Cr (−82.4% on a year ago)
- Operating margin: 5.1% (−4.4 points on a year ago)
- ROCE: 8%, FY26
- ROIC: 4.3%, against a 12.0% cost of capital: −7.7 points

The main question: the share price moved +20.6% in a year while yearly earnings per share moved −35.2%. The difference came from the market paying a higher multiple. ## What is the Dalmia Bharat Sugar & Industries share price today? Dalmia Bharat Sugar & Industries Ltd's share price was ₹414.90 at the close on 3 November 2026. It has been rising for 13 weeks. That is 7.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹274 and ₹498, and at that close it sat 63% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row. Over the last 11 years the share price moved +279% while the NIFTY 500 moved +243%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Dalmia Bharat Sugar & Industries this quarter? Two changes stood out: lowest operating margin in 17 quarters and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row. 1. Lowest operating margin in 17 quarters Operating margin was 5.1% in the June 2026 quarter, against 9.5% a year earlier. 2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 0.1% to 0.3% of the company by the September 2026 quarter. ## What are Dalmia Bharat Sugar & Industries' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Dalmia Bharat Sugar & Industries reported revenue of ₹848 crore, down 9.9% from ₹941 crore a year earlier, and a profit of ₹6.91 crore, down 82.4% from ₹39.3 crore. ### Dalmia Bharat Sugar & Industries results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹848 crore | ₹941 crore | −9.9% |
| Profit | ₹6.91 crore | ₹39.3 crore | −82.4% |
| Earnings per share | ₹0.95 | ₹4.85 | −80.4% |
| Operating margin | 5.1% | 9.5% | −4.4 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Dalmia Bharat Sugar & Industries share price history? Dalmia Bharat Sugar & Industries closed at ₹414.90 on 3 November 2026, up 20.6% from ₹343.95 a year earlier (31 October 2025) and up 2.1% over five years. Its highest weekly close since April 2016 was ₹566.39 on 4 October 2024. ### Dalmia Bharat Sugar & Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹425.80 | −2.6% |
| 1 month ago · 1 Oct 2026 | ₹397.00 | +4.5% |
| 6 months ago · 30 Apr 2026 | ₹397.50 | +4.4% |
| 1 year ago · 31 Oct 2025 | ₹343.95 | +20.6% |
| 3 years ago · 3 Nov 2023 | ₹452.39 | −8.3% |
| 5 years ago · 4 Nov 2021 | ₹406.30 | +2.1% |
| 10 years ago · 4 Nov 2016 | ₹111.90 | +270.8% |
| Earliest weekly close in our records · 1 Apr 2016 | ₹109.49 | +278.9% |
| Highest weekly close since April 2016 · 4 Oct 2024 | ₹566.39 | −26.7% |
| Lowest weekly close since April 2016 · 27 Mar 2020 | ₹43.89 | +845.3% |
| 52-week high (weekly close) · 21 Aug 2026 | ₹497.95 | −16.7% |
| 52-week low (weekly close) · 1 Feb 2026 | ₹274.10 | +51.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 1 April 2016 to 3 November 2026.)

## What is the latest news on Dalmia Bharat Sugar & Industries? 3 Nov 2026: Dalmia Bharat Sugar & Industries closed at ₹414.90, down 2.6% on the week and up 4.5% on the month. 3 Jul 2026: ex-date for a dividend of ₹1.50 a share. ### Earlier

- Results for April to June 2026: Revenue down 9.9% and profit down 82.4% on a year earlier. - 11 Feb 2026: ex-date for an interim dividend of ₹4.50 a share. ## What dividend does Dalmia Bharat Sugar & Industries pay? Dalmia Bharat Sugar & Industries paid ₹6 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 1.45% at the ₹414.90 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 3 July 2026. ### Dalmia Bharat Sugar & Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 3 Jul 2026 | ₹1.50 | Dividend | same day |
| 11 Feb 2026 | ₹4.50 | Interim | same day |
| 30 Jun 2025 | ₹1.50 | Dividend | same day |
| 17 Feb 2025 | ₹4.50 | Interim | same day |
| 3 Jul 2024 | ₹1.25 | Dividend | same day |
| 16 Feb 2024 | ₹3.75 | Interim | same day |
| 4 Aug 2023 | ₹1 | Dividend | same day |
| 15 Feb 2023 | ₹3 | Interim | same day |
| 27 Jul 2022 | ₹1 | Dividend | 28 Jul 2022 |
| 15 Feb 2022 | ₹3 | Interim | 16 Feb 2022 |
| 13 Sep 2021 | ₹3 | Dividend | 14 Sep 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Dalmia Bharat Sugar & Industries Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Dalmia Bharat Sugar & Industries on? Dalmia Bharat Sugar & Industries is not on any of our India lists this week. ## Is Dalmia Bharat Sugar & Industries profitable? Dalmia Bharat Sugar & Industries Ltd earned ₹6.9 Cr of net profit in the Jun 2026 quarter, −82.4% on the same quarter a year earlier. Full-year FY26 profit was ₹236 Cr. Over 10 years profit has grown 15.1% a year on average. That is 0.8% of the quarter's revenue. The same quarter a year earlier earned ₹39.3 Cr. For the full year, FY26 profit was ₹236 Cr (−35.5% on the year before). Why profit moved: revenue changed −9.9% on a year earlier and the margin moved −4.4 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −44.5% and revenue −5.6%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Dalmia Bharat Sugar & Industries make, and is it growing? Dalmia Bharat Sugar & Industries Ltd reported ₹848 Cr of revenue in the Jun 2026 quarter, −9.9% on the same quarter a year earlier. Over 10 years it has grown 12.0% a year on average. The last full year, FY26, came in at ₹3,617 Cr. The last four reported quarters add to ₹3,525 Cr. FY26 revenue was ₹3,617 Cr, −2.9% on the year before. Recent pace: the last four quarters grew −5.6% on average, against 12.0% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −5.2%, against +7.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −44.1%, against −12.6% a year (rolling over). ## How much of every ₹100 of sales does Dalmia Bharat Sugar & Industries keep? Dalmia Bharat Sugar & Industries Ltd's operating margin was 5.1% in the Jun 2026 quarter, 4.4 percentage points lower than the same quarter a year ago. Across 13 years it has been between 9.0% and 22.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −4.4 percentage points on the year while gross margin changed −2.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Dalmia Bharat Sugar & Industries' profit turning into cash? Over the last 3 years, 45% of Dalmia Bharat Sugar & Industries Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹219 Cr of operating cash against ₹236 Cr of profit. After ₹124 Cr of spending on assets, ₹95.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 45% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Dalmia Bharat Sugar & Industries' cash go? Dalmia Bharat Sugar & Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 230 days in FY26, down from 237 days in FY21. It spent ₹552 Cr on assets over the last 3 years. Customers take 18 days to pay, and stock sits for 233 days on average. At FY26 sales of ₹3,617 Cr, each day of that cycle ties up about ₹9.9 Cr, so roughly ₹2,279 Cr is tied up in the business at any time. FY26: customers took 18 days to pay and stock sat for 233 days, about 7.7 months of sales sitting as stock, for a full cycle of 230 days, shorter than FY21's 237. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 233 days. Customers pay about 18 days after that. Suppliers are paid at 21 days. Together that makes the 230-day cycle. Spending on assets: ₹552 Cr over the last 3 years, against ₹394 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹47.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Dalmia Bharat Sugar & Industries' P/E ratio, and how does it compare with its own history? Dalmia Bharat Sugar & Industries Ltd's P/E is 16.3×, near the high end of its own history: higher than 89% of past readings. Its usual P/E (the middle reading) is 10.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −35.2% while the price moved +20.6%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +0.4% a year; about −5.6% a year came from earnings growth and about +6.0 percentage points from the multiple (the market paying more); over 10 years the price moved +14.0% a year; about +15.3% a year came from earnings growth and about −1.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Dalmia Bharat Sugar & Industries business getting better or worse? Dalmia Bharat Sugar & Industries Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −5.2% in the latest quarter, against +29.0% at its best in 12 quarters, with ROCE steady at 9.0%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Dalmia Bharat Sugar & Industries earn on its capital? Dalmia Bharat Sugar & Industries Ltd earned a ROCE of 8% in FY26. That is up from a low of 5% in FY15. Its return on capital used (ROIC) is 7.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.5% net margin and 0.66× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.5% net margin × 0.66× asset turnover × 1.70× leverage (assets divided by equity) ≈ 7.3% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.3% − 12.0% = −7.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 5.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Dalmia Bharat Sugar & Industries have too much debt? Dalmia Bharat Sugar & Industries Ltd has total debt of ₹1,803 Cr against shareholder equity of ₹3,235 Cr as of Jun 2026, so its debt is 0.56× its equity. Year by year, that ratio went from 0.35 in FY22 to 0.56 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Dalmia Bharat Sugar & Industries shareholding pattern? No group of Dalmia Bharat Sugar & Industries Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.1 points over the same period, to 0.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.3 points over 8 quarters, to 0.3%; Foreign institutions: −0.1 points over 8 quarters, to 0.9%; Promoters: +0.0 points over 8 quarters, to 74.9%. ## How far is Dalmia Bharat Sugar & Industries from balance-sheet trouble? For Dalmia Bharat Sugar & Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Dalmia Bharat Sugar & Industries rank in its industry? 49.6 out of 100, rank 11 of 21 in Sugar, with 96% of the evidence available. Dalmia Bharat Sugar & Industries Ltd scores 49.6 out of 100 against the 21 companies it is compared with in Sugar, ranking 11. Relative strength against the index is 17.3%, and revenue and profit growth are weak. The four parts add up to the total exactly: 10.4 + 10.2 + 11.8 + 17.2 = 49.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Dalmia Bharat Sugar & Industries compared with? Dalmia Bharat Sugar & Industries ranks 11 of 21 Sugar companies on the 4-Factor Sector Score, with 49.6 out of 100. 1. [Andhra Sugars Ltd](https://www.sectoralpha.in/stocks/andhra-sugars-ltd) ANDHRSUGAR · losing its lead · Most evidence points up · 96% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.8/35 · Revenue 16.5% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.8/25 · ROCE 8.4% · Operating margin 12% · 100% evidence Valuation 15.7/20 · P/E 9.1× · PEG 0.68 · 100% evidence Relative strength 6.1/20 · Lead over its industry -3% · Lead over NIFTY 500 -0.5% · 1 year -3.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 29.8 + 13.8 + 15.7 + 6.1 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -3% and the one-year return is -3.3%. 2. [Dhampur Sugar Mills Ltd](https://www.sectoralpha.in/stocks/dhampur-sugar-mills-ltd) DHAMPURSUG · breaking out · Evidence leans up · 96% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 1.3% · Profit 36.3% · Operating margin change 1.3 points · 88% evidence Capital efficiency 9.6/25 · ROCE 6.4% · Operating margin 5.7% · 100% evidence Valuation 11.9/20 · P/E 14.6× · PEG 0.51 · 100% evidence Relative strength 18.8/20 · Lead over its industry 15.4% · Lead over NIFTY 500 17.9% · 1 year 16.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.3 + 9.6 + 11.9 + 18.8 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [DCM Shriram Ltd](https://www.sectoralpha.in/stocks/dcm-shriram-ltd) DCMSHRIRAM · quiet · Evidence leans up · 100% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 13.8% · Profit 93.7% · Operating margin change -2 points · 100% evidence Capital efficiency 15.4/25 · ROCE 11.5% · Operating margin 7% · 100% evidence Valuation 18.1/20 · P/E 10.4× · PEG 0.44 · 100% evidence Relative strength 2.3/20 · Lead over its industry -18.9% · Lead over NIFTY 500 -16.1% · 1 year -31.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.4 + 15.4 + 18.1 + 2.3 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Dhampur Bio Organics Ltd](https://www.sectoralpha.in/stocks/dhampur-bio-organics-ltd) DBOL · breaking out · Evidence leans up · 78% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 8% · Profit 100% · Operating margin change -0.1 points · 65% evidence Capital efficiency 7.7/25 · ROCE 5% · Operating margin 1.7% · 100% evidence Valuation 10.3/20 · P/E 30.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 14% · Lead over NIFTY 500 16.4% · 1 year 48.7% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21 + 7.7 + 10.3 + 17.2 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [EID Parry (India) Ltd](https://www.sectoralpha.in/stocks/eid-parry-indialtd) EIDPARRY · quiet · Evidence leans up · 63% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 15.7% · Profit -38.9% · Operating margin change -1 points · 83% evidence Capital efficiency 17.9/25 · ROCE 17% · Operating margin 8% · 76% evidence Valuation 11.9/20 · P/E 13.2× · PEG n/a · 50% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.7% · 1 year -44% · 25% evidence · 2 of 12 weeks ahead Exact sum: 16.8 + 17.9 + 11.9 + 7.9 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [M.V.K. Agro Food Product Ltd](https://www.sectoralpha.in/stocks/mvk-agro-food-product-ltd) MVKAGRO · basing · Evidence leans up · 64% evidence 54.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Revenue 127.3% · Profit 267.2% · Operating margin change -7.5 points · 88% evidence Capital efficiency 16.8/25 · ROCE 14.4% · Operating margin 10.8% · 100% evidence Valuation 9.6/20 · P/E 23.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -48.8% · 1 year -56.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.5 + 16.8 + 9.6 + 7.5 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Ugar Sugar Works Ltd](https://www.sectoralpha.in/stocks/ugar-sugar-works-ltd) UGARSUGAR · breaking out · Evidence leans up · 76% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue -0.7% · Profit 100% · Operating margin change -0.7 points · 74% evidence Capital efficiency 11.0/25 · ROCE 9% · Operating margin -2.9% · 100% evidence Valuation 12.6/20 · P/E 16.7× · PEG 0.77 · 100% evidence Relative strength 10.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.2% · 1 year n/a · 25% evidence · 6 of 6 weeks ahead Exact sum: 19 + 11 + 12.6 + 10 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [DCM Shriram Industries Ltd](https://www.sectoralpha.in/stocks/dcm-shriram-industries-ltd) DCMSRIND · Evidence leans up · 76% evidence 51.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/43.75 · Revenue -3.7% · Profit -50% · Operating margin change -7.8 points · 88% evidence Capital efficiency 19.8/31.25 · ROCE 13.7% · Operating margin 0.9% · 100% evidence Valuation 15.7/25 · P/E 8.2× · PEG 0.5 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 16.4 + 19.8 + 15.7 = 51.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. [Balrampur Chini Mills Ltd](https://www.sectoralpha.in/stocks/balrampur-chini-mills-ltd) BALRAMCHIN · leader · Evidence leans up · 96% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 15% · Profit -11.2% · Operating margin change -2 points · 88% evidence Capital efficiency 13.3/25 · ROCE 9.3% · Operating margin 7% · 100% evidence Valuation 9.6/20 · P/E 33.6× · PEG 0.46 · 100% evidence Relative strength 12.8/20 · Lead over its industry 13% · Lead over NIFTY 500 15.4% · 1 year 28.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.5 + 13.3 + 9.6 + 12.8 = 51.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Triveni Engineering and Industries Ltd](https://www.sectoralpha.in/stocks/triveni-engineering-and-industries-ltd) TRIVENI · turning · Evidence leans up · 78% evidence 50.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 4% · Profit 29.1% · Operating margin change 1 points · 83% evidence Capital efficiency 12.2/25 · ROCE 9% · Operating margin 3.4% · 76% evidence Valuation 9.5/20 · P/E 19× · PEG n/a · 50% evidence Relative strength 8.3/20 · Lead over its industry -2.7% · Lead over NIFTY 500 0.1% · 1 year 4.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 20.7 + 12.2 + 9.5 + 8.3 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. Dalmia Bharat Sugar & Industries Ltd this page DALMIASUG · leader · Evidence leans down · 96% evidence 49.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.4/35 · Revenue -5.2% · Profit -44.1% · Operating margin change -4.4 points · 88% evidence Capital efficiency 10.2/25 · ROCE 8.2% · Operating margin 5.1% · 100% evidence Valuation 11.8/20 · P/E 15.6× · PEG 0.55 · 100% evidence Relative strength 17.2/20 · Lead over its industry 14.9% · Lead over NIFTY 500 17.3% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 10.4 + 10.2 + 11.8 + 17.2 = 49.6 · What this means: Relative strength against the index is 17.3%, and revenue and profit growth are weak. 12. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) AVADHSUGAR · leader · Evidence leans down · 88% evidence 49.2 out of 100 Growth Capital Valuation Relative
13. [Uttam Sugar Mills Ltd](https://www.sectoralpha.in/stocks/uttam-sugar-mills-ltd) UTTAMSUGAR · breaking out · Evidence leans down · 68% evidence 47.2 out of 100 Growth Capital Valuation Relative
14. [Dwarikesh Sugar Industries Ltd](https://www.sectoralpha.in/stocks/dwarikesh-sugar-industries-ltd) DWARKESH · breaking out · Evidence leans down · 84% evidence 45.2 out of 100 Growth Capital Valuation Relative
15. [Magadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/magadh-sugar-energy-ltd) MAGADSUGAR · breaking out · Evidence leans down · 88% evidence 38.8 out of 100 Growth Capital Valuation Relative
16. [Davangere Sugar Company Ltd](https://www.sectoralpha.in/stocks/davangere-sugar-company-ltd) DAVANGERE · Too little evidence to rank firmly · 59% evidence 38.5 out of 100 Growth Capital Valuation Relative
17. [Bajaj Hindusthan Sugar Ltd](https://www.sectoralpha.in/stocks/bajaj-hindusthan-sugar-ltd) BAJAJHIND · breaking out · Most evidence points down · 63% evidence 34.1 out of 100 Growth Capital Valuation Relative
18. [Shree Renuka Sugars Ltd](https://www.sectoralpha.in/stocks/shree-renuka-sugars-ltd) RENUKA · quiet · Most evidence points down · 71% evidence 33.4 out of 100 Growth Capital Valuation Relative
19. [Bannari Amman Sugars Ltd](https://www.sectoralpha.in/stocks/bannari-amman-sugars-ltd) BANARISUG · quiet · Most evidence points down · 96% evidence 29.7 out of 100 Growth Capital Valuation Relative
20. [Godavari Biorefineries Ltd](https://www.sectoralpha.in/stocks/godavari-biorefineries-ltd) GODAVARIB · quiet · Most evidence points down · 71% evidence 28.6 out of 100 Growth Capital Valuation Relative
21. [Zuari Industries Ltd](https://www.sectoralpha.in/stocks/zuari-industries-ltd) ZUARIIND · quiet · Too little evidence to rank firmly · 49% evidence 43.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Sugar](https://www.sectoralpha.in/sectors/sugar), all 21 compared on one page. ## Which companies are close to Dalmia Bharat Sugar & Industries in size? Dalmia Bharat Sugar & Industries is the 8th largest of 21 Sugar companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bajaj Hindusthan Sugar, Bannari Amman Sugars and Shree Renuka Sugars. Just below it: Avadh Sugar & Energy, Uttam Sugar Mills and M.V.K. Agro Food Product. ### Sugar companies close in size

1. [Bajaj Hindusthan Sugar Ltd](https://www.sectoralpha.in/stocks/bajaj-hindusthan-sugar-ltd) ₹4,122 crore
2. [Bannari Amman Sugars Ltd](https://www.sectoralpha.in/stocks/bannari-amman-sugars-ltd) ₹3,888 crore
3. [Shree Renuka Sugars Ltd](https://www.sectoralpha.in/stocks/shree-renuka-sugars-ltd) ₹3,693 crore
4. Dalmia Bharat Sugar & Industries Ltd ₹3,201 crore
5. [Avadh Sugar & Energy Ltd](https://www.sectoralpha.in/stocks/avadh-sugar-energy-ltd) ₹1,609 crore
6. [Uttam Sugar Mills Ltd](https://www.sectoralpha.in/stocks/uttam-sugar-mills-ltd) ₹1,248 crore
7. [M.V.K. Agro Food Product Ltd](https://www.sectoralpha.in/stocks/mvk-agro-food-product-ltd) ₹1,162 crore

[All 21 Sugar companies, largest first](https://www.sectoralpha.in/sectors/sugar#all-companies)

### Companies close in size in other industries

1. [Vindhya Telelinks Ltd](https://www.sectoralpha.in/stocks/vindhya-telelinks-ltd) ₹3,204 crore · Cables - Telecom
2. [Ind-Swift Laboratories Ltd](https://www.sectoralpha.in/stocks/ind-swift-laboratories-ltd) ₹3,202 crore · Pharma - API
3. Dalmia Bharat Sugar & Industries Ltd ₹3,201 crore
4. [Aye Finance Ltd](https://www.sectoralpha.in/stocks/aye-finance-ltd) ₹3,182 crore · NBFC - Others
5. [PNC Infratech Ltd](https://www.sectoralpha.in/stocks/pnc-infratech-ltd) ₹3,179 crore · Infra - Construction & Contracting

## What else do people ask about Dalmia Bharat Sugar & Industries? ### What is Dalmia Bharat Sugar & Industries's share price today? Dalmia Bharat Sugar & Industries Ltd's share price is ₹414.90, +20.6% over the past year. The whole company is worth ₹3,354 Cr on the market. In the last 52 weeks it traded between ₹274 to ₹498; today it is 63% of the way up from the low, 7.2% above its 200-day average (as of 3 November 2026). ### What were Dalmia Bharat Sugar & Industries's latest quarterly results? Dalmia Bharat Sugar & Industries Ltd reported revenue of ₹848 Cr and net profit of ₹6.9 Cr for the Jun 2026 quarter. Revenue fell 9.9% and profit fell 82.4% compared with a year earlier. Earnings per share were ₹0.95 (as of 3 November 2026). ### What is Dalmia Bharat Sugar & Industries's market cap? Dalmia Bharat Sugar & Industries Ltd's market capitalisation is ₹3,354 Cr at a share price of ₹414.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Dalmia Bharat Sugar & Industries performing? Dalmia Bharat Sugar & Industries Ltd's share price has been rising for 13 weeks. In its latest quarter, revenue fell 9.9% and profit fell 82.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 15 weeks running (as of 3 November 2026). ### Will Dalmia Bharat Sugar & Industries's share price go up? This page does not forecast Dalmia Bharat Sugar & Industries Ltd's share price. What it shows instead: the share price is ₹414.90, and it has been rising for 13 weeks. Its P/E of 16.3× is higher than 89% of its own last 11 years (as of 3 November 2026). ### Does Dalmia Bharat Sugar & Industries have too much debt? Dalmia Bharat Sugar & Industries Ltd has a moderate amount of debt: its debt is 0.56× its equity, and its operating profit is 7 times its interest bill. FY26 borrowings were ₹1,803 Cr against equity of ₹3,242 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Dalmia Bharat Sugar & Industries in its business cycle? Dalmia Bharat Sugar & Industries Ltd's FY26 operating margin was 12.0%, against a 13-year range of 9.0% to 22.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 5.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Dalmia Bharat Sugar & Industries story? The main question: the share price moved +20.6% in a year while yearly earnings per share moved −35.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Dalmia Bharat Sugar & Industries a stock worth studying right now? What the numbers show: Dalmia Bharat Sugar & Industries Ltd's share price has risen faster than its earnings: +20.6% in a year, against −35.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.