Dalmia Bharat Sugar and Industries Full Year 2024 Earnings: Misses Expectations
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Full Year 2024 Results
Key Financial Results
- Revenue: ₹29.0b (down 11% from FY 2023).
- Net income: ₹2.72b (up 9.7% from FY 2023).
- Profit margin: 9.4% (up from 7.6% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: ₹33.66 (up from ₹30.68 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dalmia Bharat Sugar and Industries Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 7.8%.
The primary driver behind last 12 months revenue was the Sugar segment contributing a total revenue of ₹23.8b (82% of total revenue). Notably, cost of sales worth ₹20.5b amounted to 71% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ₹2.04b (35% of total expenses). Explore how DALMIASUG's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Food industry in India.
Performance of the Indian Food industry.
The company's shares are up 2.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Dalmia Bharat Sugar and Industries you should be aware of, and 1 of them is potentially serious.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NSEI:DALMIASUG
Dalmia Bharat Sugar and Industries
Engages in the sugar business in India and internationally.
Excellent balance sheet and fair value.
