Dollex Agrotech Ltd (DOLLEX) Share Price & Fundamentals

What we do

Dollex Agrotech Ltd manufactures and trades sugar with captive power generation using bagasse, operating a 2500 TCD plant in Madhya Pradesh.

Founded in

2,013

Market share

Growing player in sugar manufacturing with integrated power cogeneration, directly selling sugar products without distributors.

Problem solved

Provides efficient sugar production and sustainable power generation using agricultural byproducts, supporting regional agriculture and energy needs.

Top clients or who we serve

Wholesale sugar buyers and industrial clients in India; operates B2B and B2C segments without distributors.

Key management

Founded by Mehmood Khan and Munni Bee Khan with strong industry experience.

Our journey and innovations

Started in 2013, operations began in 2018 in Indore with sugar and captive power production; recently went public in 2022.

Where we operate

Primarily Madhya Pradesh, India, with plans for distillery approval expanding operations.

Top products or what we offer

Sugar, molasses, pressmud, bagasse-based power (3 MW captive), and by-products from sugar manufacturing.

Top brands

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Raw materials needed

Sugarcane for sugar production; bagasse for power generation.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue mainly from cyclical sugar production and trading, with some recurring power generation income.

Our industry position

Emerging company with integrated sugar and power production capabilities.

Financial highlights

Revenue of Rs. 237.43 crore and net profit of Rs. 8.28 crore in FY 2024-25, showing growth over previous year.

Geographical revenue split

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Order book

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Whats driving growth

Expansion of sugar production, direct sales model, and captive power generation driving revenue growth.

Our future plans

Establish 200 KLPD distillery units and acquisition of Hindustan Tankers to diversify operations.

Our green promise

Utilizes bagasse for clean captive power generation; sustainability integrated in operations.

Our people and values

Committed to ethical governance, transparency, and cordial staff relations.

Key challenges ahead

Managing cyclical industry risks and expanding distillery approval processes.

Interesting facts

Direct sugar sales without distributors; public issue raised Rs. 24.39 crore in 2022.

Risks and strategy

Focus on risk mitigation in manufacturing and dealer management with oversight by experienced leadership.