Dwarikesh Sugar Industries vs Avadh Sugar: Share Price, PE, ROE Compared

Dwarikesh Sugar Industries vs Avadh Sugar is a comparison sugar sector investors look up when evaluating two mid-size listed Indian sugar companies in Uttar Pradesh. Dwarikesh Sugar Industries, a Bijnor-based company, operates integrated sugar mills with cogeneration power and distillery in western UP. Avadh Sugar and Energy, a Lucknow-based company, operates sugar mills, distillery and co-generation power plants in eastern UP. Comparing Dwarikesh Sugar and Avadh Sugar shows two similar UP sugar companies with different valuations.

This Dwarikesh Sugar Industries vs Avadh Sugar article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.

Reach and Market Position

In this Dwarikesh Sugar Industries vs Avadh Sugar comparison, Dwarikesh Sugar operates three integrated sugar mills in Bijnor, Muzaffarnagar and Hapur districts of western UP, producing sugar, ethanol and electricity. Market capitalisation is Rs 783 Cr.

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Avadh Sugar operates three sugar mills with distillery and co-generation power in eastern UP (Faizabad, Sultanpur), producing sugar, ethanol and power. Market capitalisation is Rs 1,266 Cr.

Key Products and Business Mix

For the Dwarikesh Sugar Industries vs Avadh Sugar product breakdown, Dwarikesh Sugar Industries: Dwarikesh earns from sugar, ethanol and cogeneration power. EPS is Rs 0.78 (thin earnings!). PE is 54.14x (expensive for thin earnings), ROE 3.72 percent, D/E 0.41.

Avadh Sugar: Avadh Sugar earns from sugar, ethanol and co-gen power. EPS is Rs 32.95. PE is 19.19x (more affordable), ROE 5.10 percent, D/E 1.25, Div 1.58 percent.

Latest Results and Financial Data

On the Dwarikesh Sugar Industries vs Avadh Sugar results front: Dwarikesh Sugar has a market cap of Rs 783 Cr and PE of 54.14x. Thin earnings (EPS only Rs 0.78) make the PE distorted. ROE is 3.72 percent.

Avadh Sugar has a market cap of Rs 1,266 Cr and PE of 19.19x. ROE is 5.10 percent. Avadh Sugar is 1.6 times larger and more affordable on PE.

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Stock Performance and Valuation

Investors tracking the Dwarikesh Sugar Industries vs Avadh Sugar comparison should verify current prices on NSE or BSE before trading. The Dwarikesh Sugar Industries vs Avadh Sugar stock data below reflects the latest available figures from Groww and public company filings.

Dwarikesh Sugar versus Avadh Sugar: Dwarikesh (PE 54.14x, ROE 3.72%, thin earnings) vs Avadh (PE 19.19x, ROE 5.10%, Div 1.58%). Comparing Dwarikesh and Avadh Sugar, Avadh is cheaper on PE and pays a dividend. Both have thin ROE reflecting the current sugar cycle.

Dwarikesh Sugar Industries vs Avadh Sugar: Quick Comparison Table

The comparison table below summarises the key metrics side by side.

Parameter	Dwarikesh Sugar Industries	Avadh Sugar
Sector	Integrated sugar mills + ethanol + cogen power (western UP, Bijnor)	Integrated sugar mills + ethanol + cogen power (eastern UP, Lucknow)
Market Cap	Rs 783 Cr	Rs 1,266 Cr
P/E Ratio	54.14x (thin earnings)	19.19x
ROE	3.72% (thin)	5.10% (thin)
Debt to Equity	0.41	1.25
Sugar Mills	3 integrated mills (western UP)	3 integrated mills (eastern UP)
Dividend Yield	0.24%	1.58% (good)

Conclusion

The Dwarikesh Sugar Industries vs Avadh Sugar comparison above covers reach, products, results and valuation. Dwarikesh Sugar Industries versus Avadh Sugar covers two small-to-mid size UP sugar companies with integrated ethanol operations. Both have thin current ROE reflecting the sugar sector cycle. Avadh Sugar is more affordable on PE and pays a higher dividend. The Dwarikesh Sugar and Avadh Sugar comparison shows similar businesses at different valuations. Sugar sector investors should track sugarcane prices, ethanol blending targets and state government support. Consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does Dwarikesh Sugar Industries make?

Ans. Dwarikesh Sugar produces white sugar from sugarcane at its UP mills, manufactures ethanol from molasses for government blending, and generates electricity from bagasse in its co-generation power plants.

What does Avadh Sugar and Energy make?

Ans. Avadh Sugar produces sugar, manufactures ethanol from molasses and generates power from bagasse at its eastern UP sugar mills. It also operates a distillery for extra-neutral alcohol (ENA).

What is ethanol blending in India?

Ans. India's ethanol blending programme requires OMCs (oil marketing companies) to blend ethanol derived from molasses and sugarcane directly into petrol. Sugar companies earn better prices for ethanol than for molasses.

Which is larger, Dwarikesh or Avadh Sugar?

Ans. Avadh Sugar at Rs 1,266 Cr is approximately 1.6 times larger than Dwarikesh Sugar at Rs 783 Cr.

Does Avadh Sugar pay dividends?

Ans. Yes. Avadh Sugar and Energy pays a dividend yield of approximately 1.58 percent.

Are Dwarikesh and Avadh Sugar in Nifty 50?

Ans. Neither is in Nifty 50.

What is co-generation power in sugar mills?

Ans. Co-generation (cogen) refers to producing electricity from the same fuel used for another purpose. Sugar mills burn bagasse (sugarcane fibre) to run boilers for sugar processing and simultaneously generate surplus electricity sold to the grid.