India's Dalmia Bharat Sugar posts quarterly profit fall on lower sugar production

Dalmia Bharat Sugar And Industries

05/08/2025 15:47

Aug 5 (Reuters) - India's Dalmia Bharat Sugar and Industries DLMI.NS posted a near 30% fall in first-quarter profit on Tuesday, dragged by lower sugar production.

The company reported a net profit after tax of 383.7 million rupees ($4.37 million) for the quarter ended June 30, compared with 547.3 million rupees a year ago.

The New Delhi-based firm, which supplies sugar to companies such as Coca-Cola KO.N, Britannia BRIT.NS and Dabur DABU.NS, posted a 2% fall in quarterly revenue.

For further earnings highlights, click [here]

KEY CONTEXT

     India's sugar output for the 2025 marketing year, ending in September, is projected to fall below domestic consumption for the first time in eight years.

     This decline is primarily attributed to reduced sugarcane availability in key producing states, driven by the adverse effects of El Niño and limited groundwater.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
Profit growth (%)
Mean rating*
No. of analysts
Stock to price target**
Div yield (%)
Dalmia Bharat Sugar and Industries
DLMI.NS
11.68
6.48
6.61
0.08
Hold
1
0.61
1.58
E I D-Parry (India)
EIDP.NS
19.14
7.68
32.93
97.53
Strong Buy
1
1.08
0.34
Dwarikesh Sugar Industries
DWAR.NS
9.45
6.46
20.91
106.09
Strong Buy
2
0.65
1.16
Balrampur Chini Mills
BACH.NS
20.66
14.52
10.87
15.90
Strong Buy
5
0.83
0.53

* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

APRIL-JUNE STOCK PERFORMANCE

-- All data from LSEG IBES

-- $1 = 87.7950 Indian rupees

Dalmia Bharat Sugar JUNE -QTR https://tmsnrt.rs/4oleGsX

 (Reporting by Yagnoseni Das in Bengaluru; Editing by Harikrishnan Nair and Sahal Muhammed)

 ((Yagnoseni.Das@thomsonreuters.com;))