Davangere Sugar Company Ltd (DAVANGERE) Share Price & Fundamentals

What we do

Davangere Sugar Company Ltd is an integrated sugar, ethanol, and renewable power producer based in Karnataka, focusing on sustainable growth from sugarcane processing.

Founded in

1,970

Market share

A key player in Karnataka with 4,750 TCD crushing capacity and growing ethanol and power segments.

Problem solved

Provides sustainable sugar production, renewable energy, and biofuels, empowering farmers and reducing energy dependency.

Top clients or who we serve

Serves domestic and overseas sugar and ethanol markets; supports about 5,000 farmers; B2B and B2C segments.

Key management

Chairman cum Managing Director: Shamanur Shivashankarappa Ganesh; Non-Executive Directors include Abhijith Ganesh Shamanur and independent directors with strong industry experience.

Our journey and innovations

Started commercial operations in 1974; expanded sugar capacity to 4,750 TCD; pioneer in Karnataka for high-pressure cogeneration; ethanol production since 2022; ongoing expansions.

Where we operate

Operates mainly in Karnataka, India, with export markets overseas.

Top products or what we offer

Refined white crystal sugar, ethanol from molasses and grain, co-generation renewable power, and related by-products like press mud and CO₂.

Top brands

No specific brand names; flagship products include sugar, ethanol, and 24.45 MW co-generation power.

Raw materials needed

Sugarcane, molasses, sugar syrup, grains for ethanol production.

Raw materials supplier

Primarily local farmers within 5 to 100 km radius supplying sugarcane and grains.

Recurring vs cyclical contribution

Revenue mix includes cyclical sugar production and recurring ethanol and power sales.

Our industry position

Strong regional leader in sugar and ethanol with integrated operations and modern capacity.

Financial highlights

FY25 revenue ₹216.76 crore, EBITDA ₹52.28 crore, net profit ₹10.94 crore.

Geographical revenue split

About 79% Domestic, 21% Overseas revenue contribution.

Order book

-

Whats driving growth

Government ethanol blending mandates, capacity expansions in ethanol and distillery, sustainable farming initiatives, and power cogeneration efficiencies.

Our future plans

Expand grain-based ethanol to 125 KLPD, invest in CO₂ plant, increase sugarcane cultivation by 15,000 acres, and reduce debt via rights issue.

Our green promise

Focus on renewable power generation, effluent treatment, CO₂ capture, and sustainable agriculture practices.

Our people and values

Team of 433 employees fostering innovation and community welfare, supporting 5,000 farmers around operations.

Key challenges ahead

Raw material supply variability, climatic risks, regulatory changes, and market price fluctuations.

Interesting facts

First in Karnataka with advanced high-pressure cogeneration; completed 24.5 MW plant in record one year; integrated sugar-ethanol-power business model.

Risks and strategy

Mitigating raw material and regulatory risks through capacity diversification, sustainable farming, and debt reduction strategies.