Dalmia Bharat Sugar: My top sugar pick

 

  • Dalmia Bharat Sugar: My top sugar pick 
  • DBSIL reports resilient financial performance amidst ban on export of sugar and limited diversion of sugar for ethanol production with PAT of Rs. 272 Cr in FY 24 against Rs. 250 Cr in FY23 an increase of 9%. 
  • Industry leading Operating EBIDTA margin of 14.9%. 
  • Cane crushed qty has increased by 11.2% compared to FY23. 
  • Sugar production has increased by 32.8% reaching to 6.35 LMT. 
  • Increase in domestic sugar sales volume by 8.4% by reaching to 4.24 LMT. 
  • Average Sugar sales realization improved by 2.3% on a blended basis (including exports) 
  • Highest ever distillery sales volumes of 17.7 Cr liters, 7% increase over last year. 
  • Commercial production at wholly owned subsidiary, Baghauli Sugar and Distillery Limited has commenced in Q4 in record time. 
  • Grain distillery capacity increased to 250 KLPD from 110 KLPD. 

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