Dwarikesh Sugar Industries Limited

NSEI:DWARKESH Stock Report

Market Cap: ₹10.7b

Dwarikesh Sugar Industries Management

Management criteria checks 2/4

Dwarikesh Sugar Industries' CEO is Balkishan Maheshwari, appointed in Apr 2009, has a tenure of 15.75 years. total yearly compensation is ₹15.82M, comprised of 90.5% salary and 9.5% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹5.34K. The average tenure of the management team and the board of directors is 6.1 years and 7.9 years respectively.

Key information

Balkishan Maheshwari

Chief executive officer

₹15.8m

Total compensation

CEO salary percentage90.5%
CEO tenure15.8yrs
CEO ownership0.00005%
Management average tenure6.1yrs
Board average tenure7.9yrs

Recent management updates

Here's Why Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) CEO Compensation Is The Least Of Shareholders' Concerns

Jul 14
Here's Why Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) CEO Compensation Is The Least Of Shareholders' Concerns

A Look At Dwarikesh Sugar Industries' (NSE:DWARKESH) CEO Remuneration

Dec 10
A Look At Dwarikesh Sugar Industries' (NSE:DWARKESH) CEO Remuneration

Recent updates

Dwarikesh Sugar Industries Limited (NSE:DWARKESH) Could Be Riskier Than It Looks

Nov 30
Dwarikesh Sugar Industries Limited (NSE:DWARKESH) Could Be Riskier Than It Looks

Calculating The Fair Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)

Oct 23
Calculating The Fair Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)

These 4 Measures Indicate That Dwarikesh Sugar Industries (NSE:DWARKESH) Is Using Debt Reasonably Well

Mar 29
These 4 Measures Indicate That Dwarikesh Sugar Industries (NSE:DWARKESH) Is Using Debt Reasonably Well

Estimating The Intrinsic Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)

Oct 24
Estimating The Intrinsic Value Of Dwarikesh Sugar Industries Limited (NSE:DWARKESH)

Should You Be Adding Dwarikesh Sugar Industries (NSE:DWARKESH) To Your Watchlist Today?

Dec 20
Should You Be Adding Dwarikesh Sugar Industries (NSE:DWARKESH) To Your Watchlist Today?

Investors Could Be Concerned With Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital

Jun 15
Investors Could Be Concerned With Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital

Here's Why I Think Dwarikesh Sugar Industries (NSE:DWARKESH) Might Deserve Your Attention Today

May 27
Here's Why I Think Dwarikesh Sugar Industries (NSE:DWARKESH) Might Deserve Your Attention Today

Dwarikesh Sugar Industries (NSE:DWARKESH) Will Be Hoping To Turn Its Returns On Capital Around

Mar 03
Dwarikesh Sugar Industries (NSE:DWARKESH) Will Be Hoping To Turn Its Returns On Capital Around

I Ran A Stock Scan For Earnings Growth And Dwarikesh Sugar Industries (NSE:DWARKESH) Passed With Ease

Feb 14
I Ran A Stock Scan For Earnings Growth And Dwarikesh Sugar Industries (NSE:DWARKESH) Passed With Ease

Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?

Jan 04
Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?

Here's What's Concerning About Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital

Oct 04
Here's What's Concerning About Dwarikesh Sugar Industries' (NSE:DWARKESH) Returns On Capital

Here's Why Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) CEO Compensation Is The Least Of Shareholders' Concerns

Jul 14
Here's Why Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) CEO Compensation Is The Least Of Shareholders' Concerns

Dwarikesh Sugar Industries (NSE:DWARKESH) Knows How To Allocate Capital

Jun 28
Dwarikesh Sugar Industries (NSE:DWARKESH) Knows How To Allocate Capital

We Think Dwarikesh Sugar Industries' (NSE:DWARKESH) Healthy Earnings Might Be Conservative

May 19
We Think Dwarikesh Sugar Industries' (NSE:DWARKESH) Healthy Earnings Might Be Conservative

Investors Will Want Dwarikesh Sugar Industries' (NSE:DWARKESH) Growth In ROCE To Persist

Mar 25
Investors Will Want Dwarikesh Sugar Industries' (NSE:DWARKESH) Growth In ROCE To Persist

Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?

Feb 23
Does Dwarikesh Sugar Industries (NSE:DWARKESH) Have A Healthy Balance Sheet?

Shareholders Of Dwarikesh Sugar Industries (NSE:DWARKESH) Must Be Happy With Their 175% Total Return

Feb 08
Shareholders Of Dwarikesh Sugar Industries (NSE:DWARKESH) Must Be Happy With Their 175% Total Return

Should You Be Excited About Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) 16% Return On Equity?

Jan 09
Should You Be Excited About Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) 16% Return On Equity?

What Can The Trends At Dwarikesh Sugar Industries (NSE:DWARKESH) Tell Us About Their Returns?

Dec 25
What Can The Trends At Dwarikesh Sugar Industries (NSE:DWARKESH) Tell Us About Their Returns?

A Look At Dwarikesh Sugar Industries' (NSE:DWARKESH) CEO Remuneration

Dec 10
A Look At Dwarikesh Sugar Industries' (NSE:DWARKESH) CEO Remuneration

Is Dwarikesh Sugar Industries (NSE:DWARKESH) A Risky Investment?

Nov 25
Is Dwarikesh Sugar Industries (NSE:DWARKESH) A Risky Investment?

Dwarikesh Sugar Industries (NSE:DWARKESH) Has Gifted Shareholders With A Fantastic 256% Total Return On Their Investment

Nov 10
Dwarikesh Sugar Industries (NSE:DWARKESH) Has Gifted Shareholders With A Fantastic 256% Total Return On Their Investment

Is Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) 3.6% Dividend Worth Your Time?

Oct 26
Is Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) 3.6% Dividend Worth Your Time?

Is Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) ROE Of 15% Impressive?

Oct 05
Is Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) ROE Of 15% Impressive?

Can Dwarikesh Sugar Industries (NSE:DWARKESH) Continue To Grow Its Returns On Capital?

Sep 14
Can Dwarikesh Sugar Industries (NSE:DWARKESH) Continue To Grow Its Returns On Capital?

There's No Escaping Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) Muted Earnings

Aug 24
There's No Escaping Dwarikesh Sugar Industries Limited's (NSE:DWARKESH) Muted Earnings

CEO Compensation Analysis

How has Balkishan Maheshwari's remuneration changed compared to Dwarikesh Sugar Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹11m

Jun 30 2024n/an/a

₹332m

Mar 31 2024₹16m₹14m

₹835m

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹14m₹13m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹13m₹12m

₹2b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹12m₹11m

₹915m

Dec 31 2020n/an/a

₹876m

Sep 30 2020n/an/a

₹846m

Jun 30 2020n/an/a

₹716m

Mar 31 2020₹13m₹11m

₹735m

Dec 31 2019n/an/a

₹615m

Sep 30 2019n/an/a

₹809m

Jun 30 2019n/an/a

₹843m

Mar 31 2019₹13m₹13m

₹951m

Dec 31 2018n/an/a

₹536m

Sep 30 2018n/an/a

₹509m

Jun 30 2018n/an/a

₹729m

Mar 31 2018₹11m₹11m

₹1b

Compensation vs Market: Balkishan's total compensation ($USD184.51K) is above average for companies of similar size in the Indian market ($USD41.99K).

Compensation vs Earnings: Balkishan's compensation has increased whilst the company is unprofitable.


CEO

Balkishan Maheshwari (64 yo)

15.8yrs

Tenure

₹15,820,000

Compensation

Mr. Balkishan Jawarilal Maheshwari has been the Managing Director of Dwarikesh Sugar Industries Limited since May 7, 2018, serves as its Company Secretary and Chief Compliance Officer since 2009. Mr. Mahes...


Leadership Team

NamePositionTenureCompensationOwnership
Gautam Morarka
Founder & Executive Chairman6yrs₹74.27m15.74%
₹ 1.7b
Balkishan Maheshwari
MD, Company Secretary & Chief Compliance Officer15.8yrs₹15.82m0.000050%
₹ 5.3k
Vijay Banka
MD & Executive Director6.7yrs₹31.57m0.000050%
₹ 5.3k
Sunil Goel
Chief Financial Officer3.3yrs₹5.26mno data
Priyanka Morarka
President of Corporate Affairs5.5yrs₹5.89m0.94%
₹ 99.9m
Sharvan Sharma
General Manager of Human Resources Departmentno datano datano data
Salil Arya
Senior Executive Vice President (Corporate)2yrsno datano data
R. Gupta
Senior Executive Vice President of Works – Dwarikesh Dhamno datano datano data

6.1yrs

Average Tenure

61.5yo

Average Age

Experienced Management: DWARKESH's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gautam Morarka
Founder & Executive Chairman6yrs₹74.27m15.74%
₹ 1.7b
Balkishan Maheshwari
MD, Company Secretary & Chief Compliance Officer15.7yrs₹15.82m0.000050%
₹ 5.3k
Vijay Banka
MD & Executive Director15.7yrs₹31.57m0.000050%
₹ 5.3k
Prithviraj Kokarrane
Independent Non-Executive Director9.3yrs₹541.00kno data
Nina Chatrath
Independent Non-Executive Director7.9yrs₹472.00kno data
Rajan Medhekar
Independent Non-Executive Director4.2yrs₹472.00kno data
Gopal Hosur
Independent Non-Executive Director4.2yrs₹472.00kno data

7.9yrs

Average Tenure

66yo

Average Age

Experienced Board: DWARKESH's board of directors are considered experienced (7.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 11:54
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dwarikesh Sugar Industries Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh MajumdarBatlivala & Karani Securities India Pvt. Ltd.
Nandan ChakrabortyDAM Capital Advisors
Sanjay ManyalDAM Capital Advisors