Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Dollex Agrotech Limited

NSE: DOLLEXSugar

Share price

₹37.21

-0.75% close of 8 Oct 2026

Market cap ₹149 CrP/E 18.7

Business score

How strong the business is, in one number. The parts behind it are in Pro.

37

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹149 Cr

P/E ratio

18.7

P/B ratio

1.2

ROCE

5.4%

ROE

8.4%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹39.7552-week low ₹30.45

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Fewer than three years of filings — too early to judge growth.

Whether it grew faster than its sector

It grew -4.1% a year against a sector median of 9.9% — 14.0 percentage points slower.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 1.7 times its growth rate, on earnings growth of 11%.

Profit growthPrice per ₹1 profitPer 1% growth
Dollex Agrotech Limited — this one11%/yr18.7×₹1.7
Balrampur Chini Mills Limited10%/yr37.2×₹3.7
Triveni Engineering & Industries Limited-19%/yr20.0×—
Bajaj Hindusthan Sugar Limited45%/yr36.5×₹0.81
Shree Renuka Sugars Limited———
Bannari Amman Sugars Limited-2%/yr35.2×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Sugar), it ranks 17 of 26 on returns, 24 of 25 on growth, 13 of 26 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 5.4% on capital, ahead of 35% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹85 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 7 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 93 days for its cash to waiting 167 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹149 Cr
Prev close
₹37.21
52w High
₹40.0
52w Low
₹29.8
Enterprise value
₹314 Cr
Beta
—
Price CAGR 1y
-8.0%
Price CAGR 3y
1.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
1.9%
PEG ratio
1.7
P/E ratio
18.7
P/B ratio
1.2
EV / EBITDA
18.5
Industry P/E
16.9
ROCE
5.4%
ROCE 5y average
8.8%
ROE
8.4%
Debt / Equity
1.3
Interest coverage
3.8
Dividend yield
0.0%
ROE 3y average
11.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹225 Cr
Annual profit
₹8 Cr
Operating margin
8.0%
Net profit margin
3.6%
EBITDA margin
7.6%
Sales growth 3y
26.9%
Sales growth 5y
23.9%
Profit growth 3y
11.0%
Profit growth 5y
41.0%
EPS
₹2.1
Sales growth TTM
-3.0%
Profit growth TTM
127.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹40 Cr
Profit latest quarter
₹1 Cr
YoY quarterly sales growth
10.3%
YoY quarterly profit growth
-26.9%
OPM latest quarter
8.5%

Balance Sheet

Book Value
₹31.0
Face Value
₹10.0
Total debt
₹165 Cr
Total cash
₹2 Cr
Borrowings
₹165 Cr
Reserves / Equity
2.1

Cash Flow

Operating cash flow
-₹7 Cr
Free cash flow
-₹41 Cr
FCF yield
-30.2%
Net cash flow
₹1 Cr

Shareholding

Promoter holding
54.2%
FII holding
—
DII holding
—
Public holding
45.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Balrampur Chini702.5540.014,8660.4944.2-14.41,636.86.19.3
Triven.Engg.Ind.241.3020.45,3171.113.7155.11,580.52.19.0
Bajaj Hindusthan20.2937.44,8510.00-184.8-6.41,126.0-9.83.1
Sh.Renuka Sugar22.164,7170.00-251.54.52,120.25.5-3.1
Bannari Amm.Sug.3,325.2034.24,1700.37-10.9-171.6172.5-58.88.8
Dalmia Bharat433.6517.13,5101.396.9-80.3848.2-9.88.2
Avadh Sugar929.3527.71,8601.060.2102.7779.38.76.8
Dollex Agrotech35.4417.81420.001.3-26.940.010.35.4
Median94.5817.14550.090.3-23.7302.12.97.5

Competes with: Avadh Sugar & Energy Limited, Bajaj Hindusthan Sugar Limited, Balrampur Chini Mills Limited, Bannari Amman Sugars Limited, Dalmia Bharat Sugar and Industries Limited, Shree Renuka Sugars Limited, Triveni Engineering & Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2022Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8.3938433811936532710940
Expenses5.0930423511633512410137
Material Cost115007.63380
Change in Inventories-22194712-3011
Purchases of Stock-in-Trade45110.5008623
Employee Cost3.721.141.582.541.971.00
Other Expenses7.041.231.711.904.320.91
Operating Profit3.3080.553.382.793.532.113.597.823.41
OPM %39211.288.902.359.753.97137.208.54
Other Income0.020.010.010.010.010.010.2300.030
Interest0.610.840.680.651.180.830.941.080.850.86
Depreciation0.570.620.620.640.630.710.780.770.740.78
Profit before tax2.146.55-0.742.100.9920.621.746.261.77
Tax %2924-19-3.818313424.602628
Net Profit1.514.95-0.602.180.171.750.361.674.641.28
EPS in Rs0.471.24-0.150.550.040.440.090.421.160.32
Diluted EPS in Rs1.150.620.130.591.250.32

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales18257779110135237225229
Expenses1721707198122221208212
Material Cost11546
Change in Inventories1648
Purchases of Stock-in-Trade7397
Employee Cost6.187.23
Other Expenses109.19
Operating Profit24791314161717
OPM %9189111210787
Other Income011000000
Interest022223344
Depreciation022233333
Profit before tax113488101110
Tax %4655362323142121
Net Profit112367888
EPS in Rs0.840.360.521.021.531.762.082.111.99
Diluted EPS in Rs3.322.27
Dividend Payout %00000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
24%
3 years
27%
TTM
-3%

Compounded profit growth

10 years
—
5 years
41%
3 years
11%
TTM
127%

Stock price CAGR

10 years
—
5 years
—
3 years
1%
1 year
-8%

Return on equity

10 years
—
5 years
12%
3 years
11%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital510202025252540
Reserves123625334184
Borrowings952504543105172165
Other Liabilities562532427510745126
Total Liabilities7189105114168271283414
Fixed Assets2846443935322927
CWIP11011185586
Investments00000000
Other Assets32436073133231199302
Total Assets7189105114168271283414

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-9010-20-43-25-7
Cash from Investing Activity-8-233-7-47-31
Cash from Financing Activity156-1013596339
Net Cash Flow-243-59-91
Free Cash Flow-18-210-23-54-76-41

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0162394633721186
Inventory Days641649532260185
Days Payable43655733367213
Cash Conversion Cycle01622718663235214159
Working Capital Days-321809993137165144167
ROCE %871013975

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemMar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72727272725454545454
Public28282828284646464646
No. of Shareholders8806576686777071,0571,015967953951

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +22.0% (₹30.50 → ₹37.21)Brick size ₹2.40 (fixed)Bricks 3
₹25.00₹30.00₹35.00₹40.00₹37.2120 Aug8 Sep
Price moved up one brickPrice moved down one brickLast close ₹37.21 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Dollex Agrotech Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Fast Moving Consumer Goods
Industry
Sugar
Classification
Fast Moving Consumer Goods › Sugar
ISIN
INE0JHH01011

Business segments

  • Revenue from operations · 100%

News impact

Big market events that reach Dollex Agrotech Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Bulk & block deals

DateWhoBought / soldSharesPrice
10 Aug 2026SANTAN INVESTMENT ADVISORY LLPSELL2,20,000₹31.78
10 Aug 2026SANTAN INVESTMENT ADVISORY LLPBUY92,000₹32.60

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.