Mawana Sugars Ltd
Incorporated in 1989, Mawana Sugars
Ltd is in the business of Sugar, Industrial
Alcohol and Co-generation of Power[1]
- Market Cap ₹ 360 Cr.
- Current Price ₹ 92.0
- High / Low ₹ 137 / 78.4
- Stock P/E 7.65
- Book Value ₹ 126
- Dividend Yield 4.35 %
- ROCE 10.3 %
- ROE 12.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.73 times its book value
- Stock is providing a good dividend yield of 4.35%.
- Company has delivered good profit growth of 22.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 48.4%
Cons
- The company has delivered a poor sales growth of 4.50% over past five years.
- Company has a low return on equity of 7.51% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.70.5 Cr.
- Working capital days have increased from 47.2 days to 69.0 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Sep 2013 | Dec 2014 15m | Mar 2016 15m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,342 | 1,399 | 1,485 | 1,191 | 1,344 | 1,165 | 1,161 | 1,469 | 1,478 | 1,482 | 1,355 | 1,446 | 1,460 | |
1,398 | 1,452 | 1,379 | 1,022 | 1,301 | 1,050 | 1,109 | 1,372 | 1,373 | 1,405 | 1,265 | 1,324 | 1,353 | |
Operating Profit | -57 | -52 | 106 | 169 | 43 | 115 | 52 | 96 | 105 | 77 | 90 | 122 | 107 |
OPM % | -4% | -4% | 7% | 14% | 3% | 10% | 4% | 7% | 7% | 5% | 7% | 8% | 7% |
30 | 9 | 10 | 356 | 27 | 11 | 17 | 92 | -2 | 2 | 28 | 70 | 71 | |
Interest | 91 | 77 | 77 | 51 | 38 | 24 | 27 | 35 | 26 | 28 | 30 | 30 | 28 |
Depreciation | 50 | 61 | 38 | 30 | 24 | 33 | 56 | 48 | 40 | 36 | 35 | 34 | 33 |
Profit before tax | -168 | -181 | 1 | 443 | 7 | 69 | -13 | 105 | 38 | 15 | 53 | 129 | 117 |
Tax % | 1% | 0% | 0% | 19% | -33% | 41% | 521% | 31% | 31% | 14% | 29% | 15% | |
-170 | -181 | 1 | 359 | 10 | 40 | -83 | 73 | 26 | 13 | 38 | 109 | 100 | |
EPS in Rs | -43.15 | -46.37 | 0.20 | 91.78 | 2.49 | 10.32 | -21.19 | 18.73 | 6.69 | 3.36 | 9.62 | 27.97 | 25.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 16% | 45% | 89% | 42% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 5% |
3 Years: | -1% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 22% |
3 Years: | 24% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 29% |
3 Years: | 1% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
Reserves | -245 | -427 | -426 | 292 | 302 | 342 | 257 | 331 | 345 | 345 | 371 | 453 |
702 | 504 | 482 | 244 | 143 | 239 | 488 | 276 | 417 | 383 | 568 | 419 | |
394 | 818 | 958 | 588 | 622 | 788 | 689 | 735 | 250 | 266 | 200 | 185 | |
Total Liabilities | 890 | 934 | 1,053 | 1,163 | 1,105 | 1,408 | 1,474 | 1,380 | 1,051 | 1,033 | 1,179 | 1,096 |
529 | 474 | 441 | 321 | 313 | 296 | 298 | 232 | 212 | 197 | 204 | 198 | |
CWIP | 1 | 1 | 3 | 4 | 8 | 8 | 1 | 13 | 3 | 16 | 1 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 15 | 13 | 10 | 4 | 3 | 3 | 0 |
360 | 460 | 609 | 838 | 784 | 1,089 | 1,161 | 1,126 | 832 | 817 | 972 | 897 | |
Total Assets | 890 | 934 | 1,053 | 1,163 | 1,105 | 1,408 | 1,474 | 1,380 | 1,051 | 1,033 | 1,179 | 1,096 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-59 | 235 | 38 | 49 | 63 | -100 | -139 | 160 | -151 | 108 | -164 | 114 | |
14 | -15 | -4 | 121 | 83 | -17 | -42 | 129 | -13 | -39 | 5 | 92 | |
45 | -206 | -30 | -157 | -127 | 94 | 195 | -245 | 107 | -76 | 143 | -206 | |
Net Cash Flow | 0 | 15 | 4 | 13 | 19 | -23 | 14 | 43 | -57 | -6 | -16 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 11 | 13 | 18 | 13 | 14 | 12 | 15 | 10 | 10 | 8 | 11 | 8 |
Inventory Days | 90 | 108 | 165 | 238 | 176 | 417 | 333 | 246 | 214 | 208 | 300 | 266 |
Days Payable | 107 | 225 | 268 | 217 | 204 | 355 | 231 | 201 | 57 | 61 | 52 | 44 |
Cash Conversion Cycle | -5 | -104 | -85 | 34 | -14 | 74 | 117 | 55 | 167 | 155 | 259 | 231 |
Working Capital Days | -165 | -211 | -142 | -18 | -30 | 9 | 14 | 14 | 34 | 26 | 46 | 69 |
ROCE % | -19% | -34% | 73% | 44% | 6% | 17% | 2% | 7% | 10% | 6% | 7% | 10% |
Documents
Announcements
- Outcome Of Board Meeting / Submission Of Unaudited Financial Results (Both Standalone And Consolidated) For The Quarter Ended 30Th June, 2025 1d
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 2.8.2025
1d - Q1 FY2026 results approved; scheme to merge wholly owned subsidiary Mawana Foods into Mawana Sugars.
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Board Meeting Intimation for The Approval Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended On 30.06.2025 And Scheme Of Amalgamation Of Mawana Foods Pvt. Ltd. (The Wholly Owned Subsidiary) With Mawana Sugars Limited (The Holding Company).
24 Jul - Board meeting on Aug 2 for Q1 results and approval of subsidiary amalgamation scheme.
-
Announcement under Regulation 30 (LODR)-Credit Rating
15 Jul - ICRA upgrades Mawana Sugars' bank facilities rating to BBB+ Stable for Rs. 350 crore.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Certificate confirming timely dematerialization compliance for quarter ended June 30, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2009
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Business Overview:[1][2]
MSL is an ISO 22000:2005 certified manufacturer and marketer of Sugar, Ethanol and Co- generation of Power