Dwarikesh Sugar Industries Limited

NSEI:DWARKESH Stock Report

Market Cap: ₹7.8b

Dwarikesh Sugar Industries Valuation

Is DWARKESH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DWARKESH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹6.69
Fair Value
522.5% overvalued intrinsic discount
1
Number of Analysts

Below Fair Value: DWARKESH (₹41.64) is trading above our estimate of fair value (₹6.69)

Significantly Below Fair Value: DWARKESH is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DWARKESH?

Key metric: As DWARKESH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DWARKESH. This is calculated by dividing DWARKESH's market cap by their current earnings.
What is DWARKESH's PE Ratio?
PE Ratio51.6x
Earnings₹150.51m
Market Cap₹7.76b

Price to Earnings Ratio vs Peers

How does DWARKESH's PE Ratio compare to its peers?

The above table shows the PE ratio for DWARKESH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.4x
MUKKA Mukka Proteins
16.5xn/a₹7.9b
500119 Dhampur Sugar Mills
14.8xn/a₹8.5b
APEX Apex Frozen Foods
39.8x52.80%₹9.0b
AVADHSUGAR Avadh Sugar & Energy
10.6xn/a₹7.6b
DWARKESH Dwarikesh Sugar Industries
51.2x83.50%₹7.8b

Price-To-Earnings vs Peers: DWARKESH is expensive based on its Price-To-Earnings Ratio (51.2x) compared to the peer average (20.4x).

Price to Earnings Ratio vs Industry

How does DWARKESH's PE Ratio compare vs other companies in the IN Food Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
539594 Mishtann Foods
1.6xn/aUS$61.18m
523371 Mawana Sugars
3.2xn/aUS$37.29m
500319 Indian Sucrose
4xn/aUS$16.86m
538564 James Warren Tea
1.3xn/aUS$13.28m
DWARKESH 51.6xIndustry Avg. 19.9xNo. of Companies28PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DWARKESH is expensive based on its Price-To-Earnings Ratio (51.2x) compared to the Indian Food industry average (19.9x).

Price to Earnings Ratio vs Fair Ratio

What is DWARKESH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DWARKESH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.6x
Fair PE Ratio132.8x

Price-To-Earnings vs Fair Ratio: DWARKESH is good value based on its Price-To-Earnings Ratio (51.2x) compared to the estimated Fair Price-To-Earnings Ratio (132.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

₹52.02
Fair Value
20.0% undervalued intrinsic discount
1
Number of Analysts

Analyst Forecast: Insufficient data to show price forecast.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 10:51
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Dwarikesh Sugar Industries Limited is covered by 5 analysts. 1 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