Dwarikesh Sugar Industries was originally incorporated as Dwarka Sugar vide certificate of incorporation no. 11-74815 dated November 1, 1993 with the Registrar of Companies, Maharashtra at Mumbai. The name of the company was changed to Dwarikesh Sugar Industries on April 18, 1994.

The registered office of the company has been shifted from the state of Maharashtra to the state of Uttar Pradesh (UP), confirmed by an order of the Company Law Board (Western Region) bench, Mumbai dated June 23, 1995. In this regard, Dwarikesh has received a Certificate of Registration bearing no. 20-18642 dated August 31, 1995 from Registrar of Companies, UP at Kanpur.  The company has been promoted by Gautam R Morarka with the main object of carrying out the activity of production of sugar and other sugar related activities. The company commenced its commercial production on December 5, 1995 by setting up a 2500 tcd sugar plant in the sugar rich belt of Uttar Pradesh at Dwarikesh Nagar unit, Bundki village in Bijnor District.

The plant now has a capacity of 6500 tcd. Beside this, the company has set up one 7500 tcd sugar plant in district Bijnor commencing production in 2006 and has set up another 7500 tcd sugar plant in the Bareilly district, commencing production in Dec 2007. Thus the total capacity of Dwarikesh is 21500 tcd.

Products

 * Sugar: Sugar production is an interesting process during which some useful bi-products are generated.  
 * White Crystal Sugar: Dwarikesh Sugar is known for its high quality, hygiene and good taste.
 * Ethanol: Ethanol is a good oxygenate, which is used as a blend with motor spirit to reduce emissions.
 * Captive Power: Dwarikesh is focusing on this sector as demand of captive power is continue to increase.
 * Molasses: Molasses plays an important part in Dwarikesh group's diversification plans.
 * Valuable Residue: Bagasse, the residue obtained from crushing cane in the mills, is used by the paper industry.

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Market Cap	1,764 Cr		EPS	7.2		High	99.35
Stock P/E	13.0		Net Profit Margin	-29.2		Low	96.6

Open Price	93.15	Volume	3,731
Prev. Close	93.15

DWARKESH