Incorporated in 1989, Mawana SugarsLtd is in the business of Sugar, IndustrialAlcohol and Co-generation of Power[1]
Business Overview:[1][2]MSL is an ISO 22000:2005 certified manufacturer and marketer of Sugar, Ethanol and Co- generation of Power
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Balrampur Chini | 421.05 | 21.02 | 8514.13 | 0.83 | 53.89 | -19.78 | 1670.76 | 28.72 | 10.16 | 5908.86 | 12.59 | 405.05 | 53.89 | 2.17 | 5.97 | 0.20 |
| 2. | Triven.Engg.Ind. | 333.65 | 27.95 | 7305.68 | 0.75 | 21.38 | 234.90 | 1706.15 | 14.43 | 8.65 | 6201.98 | 8.14 | 261.43 | 25.90 | 2.37 | 4.22 | 0.25 |
| 3. | Sh.Renuka Sugar | 25.33 | – | 5400.03 | 0.00 | -369.30 | -1552.91 | 2422.80 | -5.59 | 10.64 | 9727.40 | 0.23 | -743.60 | -368.60 | – | -3.08 | – |
| 4. | Bannari Amm.Sug. | 3590.80 | 37.09 | 4522.22 | 0.35 | 42.70 | 24.60 | 571.65 | 20.67 | 8.68 | 1905.57 | 11.86 | 121.92 | 42.70 | 2.47 | 4.49 | 0.01 |
| 5. | M.V.K. Agro | 690.20 | 345.47 | 3485.78 | 0.00 | 4.44 | 20.33 | 51.59 | -8.37 | 9.90 | 145.02 | 12.98 | 10.09 | 4.44 | 25.69 | 3.41 | 0.89 |
| 6. | Dalmia Bharat | 278.70 | 6.87 | 2256.98 | 2.15 | 23.32 | -56.29 | 988.72 | 7.43 | 9.48 | 3788.73 | 11.56 | 328.40 | 23.32 | 0.70 | 7.65 | 0.17 |
| 7. | Bajaj Hindusthan | 17.58 | – | 2244.34 | 0.00 | -105.25 | -39.63 | 1157.19 | -0.21 | 1.15 | 5435.02 | 3.32 | -162.05 | -105.07 | 0.59 | -0.16 | 0.87 |
| 8. | Mawana Sugars | 82.48 | 6.68 | 322.43 | 4.85 | -16.37 | 15.14 | 427.00 | 11.63 | 10.32 | 1501.97 | 7.14 | 48.27 | -16.37 | 0.70 | 4.74 | 0.02 |
| – | Median: 31 Co. | 71.4 | 11.44 | 444.62 | 0.0 | -6.59 | 4.4 | 245.93 | 2.69 | 7.67 | 1296.5 | 6.39 | 15.06 | -6.59 | 0.7 | 2.12 | 0.41 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 341 | 482 | 350 | 326 | 381 | 326 | 322 | 387 | 382 | 334 | 341 | 399 | 427 |
Expenses | 367 | 462 | 268 | 329 | 409 | 284 | 240 | 372 | 393 | 305 | 252 | 400 | 437 |
Operating Profit | -26 | 20 | 82 | -3 | -28 | 42 | 82 | 15 | -10 | 29 | 89 | -0 | -10 |
Other Income | 1 | 1 | 0 | 1 | 26 | 1 | 1 | 1 | 1 | 24 | 5 | 0 | 0 |
Profit before tax | -42 | 8 | 67 | -19 | -17 | 30 | 64 | -5 | -26 | 43 | 79 | -18 | -22 |
Tax % | -25% | 22% | 21% | -25% | -40% | 38% | 24% | -25% | -25% | 25% | 21% | -25% | -25% |
Net Profit | -32 | 6 | 53 | -14 | -10 | 19 | 48 | -4 | -19 | 33 | 62 | -14 | -16 |
EPS in Rs | -8.09 | 1.65 | 13.63 | -3.68 | -2.63 | 4.84 | 12.37 | -0.95 | -4.93 | 8.33 | 15.80 | -3.49 | -4.18 |
Standalone Figures in ₹ Crores / Yearly
| Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,283 | 1,399 | 1,484 | 1,191 | 1,344 | 1,165 | 1,161 | 1,469 | 1,478 | 1,482 | 1,355 | 1,445 | 1,502 |
Expenses | 1,337 | 1,451 | 1,377 | 1,028 | 1,313 | 1,049 | 1,107 | 1,371 | 1,371 | 1,401 | 1,262 | 1,322 | 1,395 |
Operating Profit | -53 | -51 | 107 | 163 | 32 | 116 | 54 | 98 | 108 | 80 | 94 | 123 | 107 |
Other Income | -94 | 9 | 9 | 359 | 27 | 12 | 18 | 92 | 3 | 2 | 29 | 31 | 30 |
Interest | 90 | 77 | 77 | 44 | 21 | 23 | 27 | 35 | 26 | 28 | 30 | 30 | 24 |
Depreciation | 50 | 61 | 38 | 30 | 24 | 33 | 56 | 48 | 40 | 36 | 35 | 34 | 32 |
Profit before tax | -288 | -181 | 2 | 447 | 14 | 71 | -10 | 107 | 45 | 19 | 58 | 91 | 82 |
Net Profit | -288 | -181 | 2 | 363 | 16 | 42 | -80 | 74 | 33 | 17 | 43 | 71 | 64 |
EPS in Rs | -73.64 | -46.17 | 0.56 | 92.77 | 4.15 | 10.85 | -20.37 | 19.01 | 8.46 | 4.41 | 10.89 | 18.25 | 16.46 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 35% | 68% | 37% | 22% | – |
Standalone figures in ₹ crores
| Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
Reserves | -242 | -423 | -420 | 301 | 317 | 360 | 278 | 353 | 374 | 378 | 409 | 453 | 419 |
Borrowings | 700 | 503 | 480 | 242 | 141 | 238 | 487 | 276 | 417 | 383 | 568 | 419 | 9 |
Other Liabilities | 394 | 817 | 958 | 581 | 597 | 771 | 680 | 733 | 245 | 260 | 195 | 183 | 98 |
Total Liabilities | 892 | 937 | 1,057 | 1,163 | 1,095 | 1,407 | 1,484 | 1,401 | 1,075 | 1,061 | 1,211 | 1,094 | 564 |
Fixed Assets | 529 | 474 | 441 | 321 | 313 | 296 | 298 | 231 | 211 | 197 | 204 | 195 | 175 |
Gross Block | – | 1,070.21 | 1,073.79 | 345.14 | 360.15 | 374.36 | 440.45 | 391.54 | 409.24 | 429.36 | 469.81 | 494.33 | – |
Accumulated Depreciation | – | 596.63 | 632.95 | 24.59 | 47.23 | 78.22 | 142.68 | 160.50 | 197.82 | 232.42 | 266.20 | 298.90 | – |
CWIP | 1 | 1 | 3 | 4 | 8 | 8 | 1 | 13 | 3 | 16 | 1 | 0 | 22 |
Investments | 29 | 29 | 33 | 34 | 42 | 68 | 78 | 81 | 84 | 84 | 85 | 4 | 4 |
Other Assets | 332 | 433 | 580 | 805 | 731 | 1,035 | 1,107 | 1,077 | 777 | 764 | 922 | 895 | 363 |
Total Assets | 892 | 937 | 1,057 | 1,163 | 1,095 | 1,407 | 1,484 | 1,401 | 1,075 | 1,061 | 1,211 | 1,094 | 564 |
Standalone Figures in ₹ Crores / Yearly
| Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -59 | 235 | 41 | 49 | 66 | -96 | -135 | 164 | -151 | 109 | -164 | 114 |
Cash from Investing Activity | 18 | -15 | -8 | 119 | 74 | -27 | -51 | 121 | -14 | -39 | 4 | 88 |
Cash from Financing Activity | 46 | -206 | -30 | -156 | -123 | 101 | 202 | -243 | 107 | -76 | 143 | -206 |
Net Cash Flow | 5 | 14 | 3 | 12 | 18 | -22 | 15 | 43 | -57 | -6 | -16 | -4 |
Standalone Figures in ₹ Crores / Yearly
| 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 | 12 | 13 | 18 | 13 | 14 | 12 | 15 | 10 | 10 | 8 | 11 | 9 |
Inventory Days | 87 | 100 | 156 | 221 | 155 | 388 | 312 | 229 | 196 | 190 | 280 | 266 |
Days Payable | 112 | 225 | 268 | 212 | 199 | 351 | 230 | 200 | 57 | 61 | 51 | 43 |
Cash Conversion Cycle | -14 | -112 | -94 | 21 | -30 | 48 | 97 | 38 | 149 | 137 | 240 | 232 |
Working Capital Days | -179 | -217 | -148 | -25 | -37 | -2 | 1 | 0 | 21 | 15 | 32 | 70 |
ROCE % | -16% | -34% | 72% | 42% | 4% | 16% | 2% | 7% | 10% | 6% | 7% | 10% |
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