Skip to main content
Swing Capital

Mawana Sugars Ltd

NSE: MAWANASUG BSE: 523371Energy

Incorporated in 1989, Mawana Sugars Ltd is in the business of Sugar, Industrial Alcohol and Co-generation of Power[1]

₹103
52W: ₹75 — ₹124
PE 8.23 · Book ₹117 · -12% vs book
Market Cap₹403 Cr
Stock P/E8.23Price to Earnings
ROCE10.3%Return on Capital
ROE11.6%Return on Equity
Div. Yield3.88%Face Value ₹10

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Stock is trading at 0.87 times its book value
  • +Stock is providing a good dividend yield of 3.93%.
  • +Company has been maintaining a healthy dividend payout of 42.2%

Weaknesses

  • −The company has delivered a poor sales growth of 4.48% over past five years.
  • −Company has a low return on equity of 7.47% over last 3 years.
  • −Company's cost of borrowing seems high
  • −Working capital days have increased from 38.9 days to 69.6 days

Shareholding Pattern

Promoters63.49%
FIIs0.55%
DIIs0.06%
Public35.9%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%
FIIs0.59%0.88%▲0.30.43%▼0.50.44%▲0.00.96%▲0.50.58%▼0.40.44%▼0.10.55%▲0.1
DIIs0.31%0.07%▼0.20.07%0.07%0.07%0.07%0.07%0.06%▼0.0
Public35.62%35.56%▼0.135.99%▲0.435.99%35.48%▼0.535.86%▲0.436.01%▲0.135.9%▼0.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales380.77325.99322.19386.69382.5334.44341.46399.07427365.35
Expenses408.67284.03240.04371.64392.59305.42252.41399.54437.39338.01
Operating Profit-27.941.9682.1515.05-10.0929.0289.05-0.47-10.3927.34
OPM %-7.33%12.87%25.5%3.89%-2.64%8.68%26.08%-0.12%-2.43%7.48%
Net Profit-10.2918.9248.39-3.7-19.2932.5861.81-13.66-16.373.77
EPS ₹-2.634.8412.37-0.95-4.938.3315.8-3.49-4.180.96

AI Insights

Revenue Trend

TTM revenue at ₹1,533Cr, up 6.1% YoY. OPM at 7%.

Debt Position

Borrowings at ₹9Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.

Capex Cycle

CWIP at ₹22Cr (13% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.06% (-0.25pp change). FIIs: 0.55% (+0.54pp change). Promoters hold 63.49%.

Margin & Efficiency

ROCE improving from -16% (Sep 2013) to 10% (Mar 2025). Working capital days: 70.

Valuation

PE 8.23x with 10.3% ROCE. Price is -12% above book value of ₹117. Dividend yield: 3.88%.

Recent Announcements