Dwarikesh Sugar Industries (BOM:532610) E10: ₹6.44 (As of Mar. 2026)


BOM:532610 Dwarikesh Sugar Industries Ltd BOM:532610
73 GF Score
Price ₹44.00
GF Value ₹64.81
Valuation Possible Value Trap
! 7 Warning Signs
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What is Dwarikesh Sugar Industries E10?

Dwarikesh Sugar Industries BOM:532610 +0.05% 73 E10 is ₹6.44 as of Mar. 2026. GuruFocus rates BOM:532610 with a GF Score™ of 73/100 and a GF Value™ of ₹64.81 (Possible Value Trap). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Dwarikesh Sugar Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹3.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dwarikesh Sugar Industries's average E10 Growth Rate was 1.60% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 14.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Dwarikesh Sugar Industries was 20.60% per year. The lowest was 9.10% per year. And the median was 16.60% per year.

As of today (2026-07-06), Dwarikesh Sugar Industries's current stock price is ₹44.00. Dwarikesh Sugar Industries's E10 for the quarter that ended in Mar. 2026 was ₹6.44. Dwarikesh Sugar Industries's Shiller PE Ratio of today is 6.83.

During the past 13 years, the highest Shiller PE Ratio of Dwarikesh Sugar Industries was 35.03. The lowest was 5.02. And the median was 15.23.


Dwarikesh Sugar Industries  (BOM:532610) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Dwarikesh Sugar Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.00/6.44
=6.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Dwarikesh Sugar Industries was 35.03. The lowest was 5.02. And the median was 15.23.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Dwarikesh Sugar Industries E10 Related Terms


Dwarikesh Sugar Industries E10 Historical Data

* Premium members only.

The historical data trend for Dwarikesh Sugar Industries's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dwarikesh Sugar Industries E10 Chart

Dwarikesh Sugar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 4.96 5.86 6.34 6.44

Dwarikesh Sugar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.34 6.94 6.49 6.60 6.44

BOM:532610 vs MDLZ, HSY, TR: E10 Comparison

For the Confectioners subindustry, Dwarikesh Sugar Industries's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dwarikesh Sugar Industries Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dwarikesh Sugar Industries's Shiller PE Ratio falls into.


BOM:532610
73GF Score
Dwarikesh Sugar Industries Ltd BOM:532610
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dwarikesh Sugar Industries E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Dwarikesh Sugar Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.1/164.2724*164.2724
=3.100

Current CPI (Mar. 2026) = 164.2724.

Dwarikesh Sugar Industries Quarterly Data

per share eps CPI Adj_EPS
201606 1.884 105.961 2.921
201609 2.240 105.961 3.473
201612 2.220 105.196 3.467
201703 2.440 105.196 3.810
201706 3.150 107.109 4.831
201709 1.600 109.021 2.411
201712 1.130 109.404 1.697
201803 -0.490 109.786 -0.733
201806 1.630 111.317 2.405
201809 0.430 115.142 0.613
201812 1.270 115.142 1.812
201903 1.720 118.202 2.390
201906 1.060 120.880 1.441
201909 0.250 123.175 0.333
201912 0.240 126.235 0.312
202003 2.350 124.705 3.096
202006 0.960 127.000 1.242
202009 0.940 130.118 1.187
202012 0.400 130.889 0.502
202103 2.560 131.771 3.191
202106 1.440 134.084 1.764
202109 2.100 135.847 2.539
202112 1.530 138.161 1.819
202203 3.160 138.822 3.739
202206 2.110 142.347 2.435
202209 0.420 144.661 0.477
202212 0.560 145.763 0.631
202303 2.480 146.865 2.774
202306 2.160 150.280 2.361
202309 0.550 151.492 0.596
202312 0.520 152.924 0.559
202403 1.220 153.035 1.310
202406 -0.520 155.789 -0.548
202409 -1.290 157.882 -1.342
202412 0.580 158.323 0.602
202503 2.500 157.552 2.607
202506 -0.510 159.755 -0.524
202509 -1.760 162.289 -1.782
202512 0.830 163.281 0.835
202603 3.100 164.272 3.100

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹6.44 mean?
Dwarikesh Sugar Industries (BOM:532610) has a E10 of ₹6.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dwarikesh Sugar Industries and its competitors.
Is Dwarikesh Sugar Industries' E10 too high?
Dwarikesh Sugar Industries' current E10 is ₹6.44. Overall, Dwarikesh Sugar Industries has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dwarikesh Sugar Industries' E10 compare to MDLZ and HSY?
Dwarikesh Sugar Industries' E10 of ₹6.44 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dwarikesh Sugar Industries and its competitors. Dwarikesh Sugar Industries's current E10 is ₹6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dwarikesh Sugar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dwarikesh Sugar Industries (BOM:532610) is currently considered Possible Value Trap. The stock's GF Value™ is ₹64.81, compared to a current price of ₹44.00 — trading 32.1% below its estimated fair value. The current E10 is ₹6.44. Dwarikesh Sugar Industries' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Dwarikesh Sugar Industries (BOM:532610), the current E10 is ₹6.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dwarikesh Sugar Industries (BOM:532610) Overvalued in 2026?

Based on GuruFocus' analysis, Dwarikesh Sugar Industries stock appears to be undervalued. The current stock price of ₹44.00 is trading 32.1% below its estimated GF Value™ of ₹64.81. GuruFocus considers Dwarikesh Sugar Industries to be Possible Value Trap.

Key valuation signals for BOM:532610:

  • E10: ₹6.44
  • GF Value™: ₹64.81 vs. price of ₹44.00 (32.1% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the BOM:532610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dwarikesh Sugar Industries Business Description

Other Exchanges DWARKESH:India
Address 511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar and allied products. The business activity of the group functions through Sugar & Co-generation, which derives key revenue, and the Distillery segments. The company's product portfolio includes sugar, ethanol, power, and sanitizers. Geographically, it derives a majority of its revenue from India.
73GF Score

Get the complete analysis for BOM:532610

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹44.00
Price
₹64.81
GF Value