Dalmia Bharat Sugar and IndustriesNSE:DALMIASUG -0.98%66 Net Current Asset Value is ₹16.80 as of Mar. 2026, which is 100% below its 10-year median of 10.67. GuruFocus rates NSE:DALMIASUG with a GF Score™ of 66/100 and a GF Value™ of ₹418.33 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,050 Consumer Packaged Goods companies, Dalmia Bharat Sugar and Industries ranks worse than 89.24% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
The historical rank and industry rank for Dalmia Bharat Sugar and Industries's Net Current Asset Value or its related term are showing as below:
NSE:DALMIASUG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.39 Med: 10.67 Max: 35.96
Current: 21.21
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dalmia Bharat Sugar and Industries was 35.96. The lowest was 3.39. And the median was 10.67.
NSE:DALMIASUG's Price-to-Net-Current-Asset-Value is ranked worse than 89.24% of 1050
companies
in the Consumer Packaged Goods industry
Industry Median: 4.175
vs NSE:DALMIASUG: 21.21
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Dalmia Bharat Sugar and Industries Net Current Asset Value Related Terms
Dalmia Bharat Sugar and Industries Net Current Asset Value Historical Data
* 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.
Dalmia Bharat Sugar and Industries Net Current Asset Value Chart
NSE:DALMIASUG vs MDLZ, HSY, TR: Net Current Asset Value Comparison
For the Confectioners subindustry, Dalmia Bharat Sugar and Industries's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.
Dalmia Bharat Sugar and Industries Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Dalmia Bharat Sugar and Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Dalmia Bharat Sugar and Industries's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of ₹16.80 mean?
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) has a Net Current Asset Value of ₹16.80 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Dalmia Bharat Sugar and Industries and its competitors. This is 57% above median its historical median of 10.67. Over the past decade, Dalmia Bharat Sugar and Industries' Net Current Asset Value has ranged from 3.39 to 35.96. According to the industry distribution chart, Dalmia Bharat Sugar and Industries ranks #937 out of 1050 companies in the Consumer Packaged Goods industry, placing it in the top 89.2%.
Is Dalmia Bharat Sugar and Industries' Net Current Asset Value too high?
Dalmia Bharat Sugar and Industries' current Net Current Asset Value of ₹16.80 is 57% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 35.96. Based on the distribution chart, Dalmia Bharat Sugar and Industries ranks #937 out of 1050 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dalmia Bharat Sugar and Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat Sugar and Industries' Net Current Asset Value compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dalmia Bharat Sugar and Industries ranks #937 out of 1050 companies for Net Current Asset Value. This places Dalmia Bharat Sugar and Industries in the lower half of its industry. The industry median Net Current Asset Value is 4.18. Historically, Dalmia Bharat Sugar and Industries' own Net Current Asset Value has ranged from 3.39 to 35.96 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.18, based on 1,050 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Dalmia Bharat Sugar and Industries and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat Sugar and Industries's current Net Current Asset Value is ₹16.80, which is 57% above median its own 10-year median of 10.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat Sugar and Industries stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹418.33, compared to a current price of ₹357.00 — trading 14.7% below its estimated fair value. The current Net Current Asset Value is ₹16.80, which is 57% above median its 10-year median of 10.67. Dalmia Bharat Sugar and Industries' overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Dalmia Bharat Sugar and Industries (NSE:DALMIASUG), the current Net Current Asset Value is ₹16.80 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Overvalued in 2026?
Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries stock appears to be undervalued.
The current stock price of ₹357.00 is trading 14.7% below its estimated GF Value™ of ₹418.33.
GuruFocus considers Dalmia Bharat Sugar and Industries to be Modestly Undervalued.
Key valuation signals for NSE:DALMIASUG:
Net Current Asset Value: ₹16.80 (57% above median its 10-year median of 10.67)
GF Value™: ₹418.33 vs. price of ₹357.00 (14.7% below fair value)
No single metric tells the full story. See the NSE:DALMIASUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dalmia Bharat Sugar and Industries Business Description
Dalmia Bharat Sugar and Industries Ltd is mainly engaged in the manufacturing of sugar, generation of power, manufacturing of Industrial alcohol, and manufacturing of refractory products. The group's operating segments are Own Manufactured Sugar, Distillery, and Others. The Own Manufactured Sugar segment of the company derives the majority of its revenue and includes the manufacture and marketing of sugar. The Distillery segment includes the production and sale of ethanol and ENA, and the Others segment includes magnesite, travel, and electronics activities of the company. Geographically, the group has its presence in both domestic and overseas markets, of which the maximum revenue is generated from the domestic market, representing the sale of its products to customers located in India.
66GF Score
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