Dalmia Bharat Sugar Q1FY17 Results

Dalmia Bharat Sugar share price rose 4.09 per cent on 11th August 2016 to Rs 124.60 at
13:36 hours on BSE after the company registered net profit of Rs 48.31 crore in Q1 June 2016
as against net loss of Rs 9.57 crore in Q1 June 2015. However once the market opened today
(12th August 2016) dropped by 5.52 per cent and is currently trading at Rs 113.90 apiece at
11:00 hours.The result was announced after market hours on 10th August 2016.
On NSE Dalmia Bharat Sugar share price is trading at Rs 112.05, down by 6.31 per cent. So
far 2,97,112 shares have been traded on the counter of NSE since this morning. The stock hit
a high of Rs 121.95 and a low of Rs 108.25 so far during the day. The stock hit a 52-week high
of Rs 168.00 on 2nd August 2016. The stock hit a 52-week low of Rs 20.05 on 25th August
2015.
Dalmia Bharat Sugar & Industries' net sales rose 29.3 per cent to Rs 342.51 crore in Q1 June
2016 over Q1 June 2015.The company announced that its earnings before interest, taxes,

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depreciation and amortization (EBITDA) zoomed up by 309.52 per cent to Rs 86 crore for the
quarter ended 30th June 2016 over quarter ended 30th June 2015. EBITDA surged as a result
of improved realisations for integrated operations and improved sales volume for distillery. The
company has registered 31 per cent increase in sugar realisations coupled with 14 per cent
increase in distillery realisations in the June Quarter of 2016 over June Quarter of 2015.
The distillery sales volume increased 67 per cent to 9,008 kiloliters (KL) in the June quarter of
2016 over June quarter of 2015 due to the additional sales volumes generated in Q1 June
2016 from Kolhapur, Maharashtra as distillery unit was commissioned at the end of financial
year ended March 2016 (FY 2016).
Dalmia Bharat Sugar announced that it is focused towards building sustainable business
model. The company with a risk mitigating intent diversified into new higher productivity region,
Maharashtra, and has developed capabilities by building an efficient operational platform by
increasing the share of contribution of Maharashtra to 30 per cent of the total capacity in near
term.Dalmia Bharat Sugar is Dynamic Levels recommended Multibagger stock. Get the
important support and resistance level of the share at Dalmia Bharat Sugar share price
forecast.

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Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways
are solely the personal views of the research team. Users are advised to use the data for the
purpose of information and rely on their own judgment while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
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Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst:
DYNAMIC/its Associates/ Research Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject
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making activity for the subject company

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