Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) ROE %: 12.89% (As of Mar. 2026) — 10% Above Median


NSE:DALMIASUG Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
67 GF Score
Price ₹324.95
GF Value ₹418.05
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dalmia Bharat Sugar and Industries ROE %?

Dalmia Bharat Sugar and Industries NSE:DALMIASUG -0.98% 67 ROE % is 12.89% as of Mar. 2026, which is 10% above its 10-year median of 11.70. GuruFocus rates NSE:DALMIASUG with a GF Score™ of 67/100 and a GF Value™ of ₹418.05 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Dalmia Bharat Sugar and Industries ranks better than 52.04% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dalmia Bharat Sugar and Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹4,179 Mil. Dalmia Bharat Sugar and Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹32,424 Mil. Therefore, Dalmia Bharat Sugar and Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 12.89%.

The historical rank and industry rank for Dalmia Bharat Sugar and Industries's ROE % or its related term are showing as below:

NSE:DALMIASUG' s ROE % Range Over the Past 10 Years
Min: 7.29   Med: 11.7   Max: 16.76
Current: 7.29

During the past 13 years, Dalmia Bharat Sugar and Industries's highest ROE % was 16.76%. The lowest was 7.29%. And the median was 11.70%.

NSE:DALMIASUG's ROE % is ranked better than
52.04% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs NSE:DALMIASUG: 7.29

Dalmia Bharat Sugar and Industries  (NSE:DALMIASUG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4178.8/32424.2
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4178.8 / 39629.2)*(39629.2 / 55210.1)*(55210.1 / 32424.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.54 %*0.7178*1.7027
=ROA %*Equity Multiplier
=7.57 %*1.7027
=12.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4178.8/32424.2
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4178.8 / 5706.4) * (5706.4 / 5331.2) * (5331.2 / 39629.2) * (39629.2 / 55210.1) * (55210.1 / 32424.2)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7323 * 1.0704 * 13.45 % * 0.7178 * 1.7027
=12.89 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dalmia Bharat Sugar and Industries ROE % Related Terms


Dalmia Bharat Sugar and Industries ROE % Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat Sugar and Industries's ROE % 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.

Dalmia Bharat Sugar and Industries ROE % Chart

Dalmia Bharat Sugar and Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.12 9.88 9.67 11.85 7.31

Dalmia Bharat Sugar and Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 24.58 4.75 2.89 8.63 12.89

NSE:DALMIASUG vs MDLZ, HSY, TR: ROE % Comparison

For the Confectioners subindustry, Dalmia Bharat Sugar and Industries's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dalmia Bharat Sugar and Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat Sugar and Industries's ROE % falls into.


NSE:DALMIASUG
67GF Score
Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dalmia Bharat Sugar and Industries ROE % Calculation

Dalmia Bharat Sugar and Industries's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2367.1/( (32345.2+32424.2)/ 2 )
=2367.1/32384.7
=7.31 %

Dalmia Bharat Sugar and Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=4178.8/( (0+32424.2)/ 1 )
=4178.8/32424.2
=12.89 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.89% mean?
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) has a ROE % of 12.89% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dalmia Bharat Sugar and Industries and its competitors. This is 10% above median its historical median of 11.70. Over the past decade, Dalmia Bharat Sugar and Industries' ROE % has ranged from 7.29 to 16.76. According to the industry distribution chart, Dalmia Bharat Sugar and Industries ranks #919 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Dalmia Bharat Sugar and Industries' ROE % too high?
Dalmia Bharat Sugar and Industries' current ROE % of 12.89% is 10% above median its 10-year median of 11.70. Over the past 10 years, this metric has ranged from a low of 7.29 to a high of 16.76. The Consumer Packaged Goods industry median ROE % is 6.72. Dalmia Bharat Sugar and Industries' value of 12.89% is 91.8% above this industry median. Based on the distribution chart, Dalmia Bharat Sugar and Industries ranks #919 out of 1916 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Dalmia Bharat Sugar and Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat Sugar and Industries' ROE % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dalmia Bharat Sugar and Industries ranks #919 out of 1916 companies for ROE %. This puts Dalmia Bharat Sugar and Industries in the upper half of its industry. The industry median ROE % is 6.72. Dalmia Bharat Sugar and Industries' value of 12.89% is 91.8% above this benchmark. Historically, Dalmia Bharat Sugar and Industries' own ROE % has ranged from 7.29 to 16.76 over the past decade. While the company's 10-year median is 11.70 vs. the industry median of 6.72, Dalmia Bharat Sugar and Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dalmia Bharat Sugar and Industries's current ROE % of 12.89% is 91.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dalmia Bharat Sugar and Industries and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat Sugar and Industries's current ROE % is 12.89%, which is 10% above median its own 10-year median of 11.70. 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 ₹418.05, compared to a current price of ₹324.95 — trading 22.3% below its estimated fair value. The current ROE % is 12.89%, which is 10% above median its 10-year median of 11.70 and 91.8% above the Consumer Packaged Goods industry median of 6.72. Dalmia Bharat Sugar and Industries' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dalmia Bharat Sugar and Industries (NSE:DALMIASUG), the current ROE % is 12.89% 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 ₹324.95 is trading 22.3% below its estimated GF Value™ of ₹418.05. GuruFocus considers Dalmia Bharat Sugar and Industries to be Modestly Undervalued.

Key valuation signals for NSE:DALMIASUG:

  • ROE %: 12.89% (10% above median its 10-year median of 11.70)
  • GF Value™: ₹418.05 vs. price of ₹324.95 (22.3% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 91.8% above the Consumer Packaged Goods median (#919 of 1916)

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

Other Exchanges 500097:India
Address 15, Barakhamba Road, 4th Floor, Corporate Office, Hansalaya Building, New Delhi, IND, 110001
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.
67GF Score

Get the complete analysis for NSE:DALMIASUG

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

₹324.95
Price
₹418.05
GF Value