About
Mawana Sugars Limited manufactures and sells sugar products in India. It operates through Sugar, Power, and Distillery segments. The company produces plantation white, refined, and specialty sugars, as well as IP grade sugar for pharmaceutical applications. It is also involved in the cogeneration of power from bagasse; and manufacturing and sale of anhydrous and hydrous ethanol, including denatured spirit, green ethanol, organic manure, potash rich ash, and fusel oil. It also exports its products. The company was formerly known as Siel Limited and changed its name to Mawana Sugars Limited in January 2008. Mawana Sugars Limited was incorporated in 1961 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap569 Cr
P/E16.80
Div Yield2.75 %
Book Value₹134.00
52w High₹164.00
52w Low₹75.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 416.00 | 374.00 | 367.00 | 429.00 | 401.00 | 343.00 | 334.00 | 382.00 | 387.00 | 322.00 | 326.00 | 381.00 | 326.00 |
| Expenses | 432.00 | 287.00 | 339.00 | 439.00 | 401.00 | 254.00 | 305.00 | 393.00 | 372.00 | 241.00 | 285.00 | 409.00 | 330.00 |
| Operating Profit | -17.00 | 88.00 | 28.00 | -10.00 | -1.00 | 89.00 | 29.00 | -10.00 | 15.00 | 81.00 | 41.00 | -29.00 | -3.00 |
| OPM % | -4.00 | 23.00 | 8.00 | -2.40 | -0.10 | 26.00 | 9.00 | -2.70 | 3.80 | 25.00 | 13.00 | -8.00 | -1.10 |
| Other Income | 1.00 | 11.00 | -14.00 | 0.00 | 1.00 | 5.00 | 64.00 | 0.00 | 1.00 | 1.00 | 0.00 | 26.00 | 1.00 |
| Depreciation | 7.00 | 8.00 | 8.00 | 7.00 | 7.00 | 9.00 | 9.00 | 8.00 | 8.00 | 10.00 | 9.00 | 8.00 | 8.00 |
| Interest | 8.00 | 6.00 | 1.00 | 4.00 | 11.00 | 7.00 | 1.00 | 8.00 | 13.00 | 10.00 | 3.00 | 7.00 | 10.00 |
| Profit before tax | -31.00 | 84.00 | 5.00 | -22.00 | -18.00 | 78.00 | 83.00 | -27.00 | -6.00 | 63.00 | 29.00 | -18.00 | -20.00 |
| Tax % | -25.00 | 25.00 | 28.00 | -25.00 | -25.00 | 21.00 | 13.00 | -24.00 | -21.00 | 25.00 | 39.00 | -38.00 | -24.00 |
| Net Profit | -23.00 | 63.00 | 4.00 | -16.00 | -14.00 | 62.00 | 73.00 | -20.00 | -5.00 | 47.00 | 18.00 | -11.00 | -16.00 |
| EPS in Rs | -5.90 | 16.06 | 1.00 | -4.12 | -3.46 | 15.77 | 18.54 | -5.16 | -1.17 | 12.04 | 4.50 | -2.92 | -3.99 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,571.00 | 1,446.00 | 1,355.00 | 1,482.00 | 1,478.00 | 1,469.00 | 1,161.00 | 1,165.00 | 1,344.00 | 1,191.00 | 1,485.00 | 1,399.00 |
| Expenses | 1,466.00 | 1,324.00 | 1,265.00 | 1,405.00 | 1,373.00 | 1,372.00 | 1,109.00 | 1,050.00 | 1,301.00 | 1,022.00 | 1,379.00 | 1,452.00 |
| Operating Profit | 105.00 | 122.00 | 90.00 | 77.00 | 105.00 | 96.00 | 52.00 | 115.00 | 43.00 | 169.00 | 106.00 | -52.00 |
| OPM % | 7.00 | 8.00 | 7.00 | 5.00 | 7.00 | 7.00 | 4.50 | 10.00 | 3.20 | 14.00 | 7.00 | -3.80 |
| Other Income | -2.00 | 70.00 | 28.00 | 2.00 | -2.00 | 92.00 | 17.00 | 11.00 | 27.00 | 356.00 | 10.00 | 9.00 |
| Interest | 22.00 | 30.00 | 30.00 | 28.00 | 26.00 | 35.00 | 27.00 | 24.00 | 38.00 | 51.00 | 77.00 | 77.00 |
| Depreciation | 31.00 | 34.00 | 35.00 | 36.00 | 40.00 | 48.00 | 56.00 | 33.00 | 24.00 | 30.00 | 38.00 | 61.00 |
| Profit before tax | 50.00 | 129.00 | 53.00 | 15.00 | 38.00 | 105.00 | -13.00 | 69.00 | 7.00 | 443.00 | 1.00 | -181.00 |
| Tax % | 26.00 | 15.00 | 29.00 | 14.00 | 31.00 | 31.00 | 521.00 | 41.00 | -33.00 | 19.00 | 0.00 | 0.00 |
| Net Profit | 37.00 | 109.00 | 38.00 | 13.00 | 26.00 | 73.00 | -83.00 | 40.00 | 10.00 | 359.00 | 1.00 | -181.00 |
| EPS in Rs | 9.48 | 27.97 | 9.62 | 3.36 | 6.69 | 18.73 | -21.19 | 10.32 | 2.49 | 91.78 | 0.20 | -46.37 |
| Dividend Payout % | 42.00 | 14.00 | 42.00 | 89.00 | 45.00 | 16.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 |
| Reserves | 486.00 | 453.00 | 371.00 | 345.00 | 345.00 | 331.00 | 257.00 | 342.00 | 302.00 | 292.00 | -426.00 | -427.00 |
| Borrowings | 420.00 | 419.00 | 568.00 | 383.00 | 417.00 | 276.00 | 488.00 | 239.00 | 143.00 | 244.00 | 482.00 | 504.00 |
| Other Liabilities | 177.00 | 185.00 | 200.00 | 266.00 | 250.00 | 735.00 | 689.00 | 788.00 | 622.00 | 588.00 | 958.00 | 818.00 |
| Total Liabilities | 1,123.00 | 1,096.00 | 1,179.00 | 1,033.00 | 1,051.00 | 1,380.00 | 1,474.00 | 1,408.00 | 1,105.00 | 1,163.00 | 1,053.00 | 934.00 |
| Fixed Assets | 188.00 | 198.00 | 204.00 | 197.00 | 212.00 | 232.00 | 298.00 | 296.00 | 313.00 | 321.00 | 441.00 | 474.00 |
| CWIP | 1.00 | 0.00 | 1.00 | 16.00 | 3.00 | 13.00 | 1.00 | 8.00 | 8.00 | 4.00 | 3.00 | 1.00 |
| Investments | 0.00 | 0.00 | 3.00 | 3.00 | 4.00 | 10.00 | 13.00 | 15.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 934.00 | 897.00 | 972.00 | 817.00 | 832.00 | 1,126.00 | 1,161.00 | 1,089.00 | 784.00 | 838.00 | 609.00 | 460.00 |
| Total Assets | 1,123.00 | 1,096.00 | 1,179.00 | 1,033.00 | 1,051.00 | 1,380.00 | 1,474.00 | 1,408.00 | 1,105.00 | 1,163.00 | 1,053.00 | 934.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 73.00 | 114.00 | -164.00 | 108.00 | -151.00 | 160.00 | -139.00 | -100.00 | 63.00 | 49.00 | 38.00 | 235.00 |
| Cash from Investing Activity | -31.00 | 92.00 | 5.00 | -39.00 | -13.00 | 129.00 | -42.00 | -17.00 | 83.00 | 121.00 | -4.00 | -15.00 |
| Cash from Financing Activity | -25.00 | -206.00 | 143.00 | -76.00 | 107.00 | -245.00 | 195.00 | 94.00 | -127.00 | -157.00 | -30.00 | -206.00 |
| Net Cash Flow | 17.00 | -1.00 | -16.00 | -6.00 | -57.00 | 43.00 | 14.00 | -23.00 | 19.00 | 13.00 | 4.00 | 15.00 |
| Free Cash Flow | 41.00 | 87.00 | -166.00 | 74.00 | -162.00 | 135.00 | -182.00 | -125.00 | 42.00 | 30.00 | 27.00 | 230.00 |
| CFO/OP % | 82.00 | 101.00 | -180.00 | 143.00 | -144.00 | 166.00 | -238.00 | -79.00 | 169.00 | 30.00 | 36.00 | -448.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12.00 | 8.00 | 11.00 | 8.00 | 10.00 | 10.00 | 15.00 | 12.00 | 14.00 | 13.00 | 18.00 | 13.00 |
| Inventory Days | 235.00 | 266.00 | 300.00 | 208.00 | 214.00 | 246.00 | 333.00 | 417.00 | 176.00 | 238.00 | 165.00 | 108.00 |
| Days Payable | 34.00 | 44.00 | 52.00 | 61.00 | 57.00 | 201.00 | 231.00 | 355.00 | 204.00 | 217.00 | 268.00 | 225.00 |
| Cash Conversion Cycle | 214.00 | 231.00 | 259.00 | 155.00 | 167.00 | 55.00 | 117.00 | 74.00 | -14.00 | 34.00 | -85.00 | -104.00 |
| Working Capital Days | 69.00 | 69.00 | 46.00 | 26.00 | 34.00 | 14.00 | 14.00 | 9.00 | -30.00 | -18.00 | -142.00 | -211.00 |
| ROCE % | 8.00 | 10.00 | 7.00 | 6.00 | 10.00 | 7.00 | 2.00 | 17.00 | 6.00 | 44.00 | 73.00 | -34.00 |
Corporate Actions
20 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 25 Jun 2026 | 27 Jun 2026 | — | 4.00 | |
| Dividend | 20 Jun 2025 | 21 Jun 2025 | — | 1.00 | |
| Dividend | 22 Nov 2024 | 23 Nov 2024 | — | 3.00 | |
| Dividend | 28 Jun 2024 | 29 Jun 2024 | — | 4.00 | |
| Dividend | 07 Jul 2023 | 07 Jul 2023 | — | 3.00 | |
| Dividend | 21 Sep 2022 | — | — | 3.00 | |
| Dividend | 16 Sep 2021 | 17 Sep 2021 | — | 3.00 | |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 31 Jul 2020 | — | — | — | Annual General Meeting |
| Other | 25 Jul 2019 | — | — | — | Annual General Meeting |
| Other | 09 Aug 2018 | — | — | — | Annual General Meeting |
| Other | 19 Jul 2017 | — | — | — | Annual General Meeting |
| Other | 03 Jun 2016 | — | — | — | Annual General Meeting |
| Other | 18 Mar 2015 | — | — | — | Annual General Meeting |
| Other | 11 Dec 2013 | — | — | — | Annual General Meeting |
| Other | 14 Dec 2012 | — | — | — | Annual General Meeting |
| Other | 18 Aug 2011 | — | — | — | Annual General Meeting |
| Other | 22 Feb 2010 | — | — | — | Annual General Meeting |
| Other | 24 Oct 2007 | 31 Oct 2007 | — | — | Scheme of Arrangement |
| Other | 22 Oct 2003 | 30 Oct 2003 | — | — | Scheme of Arrangement |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update4 Aug from icra
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Rating update18 May from care
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Rating update6 Apr from icra
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Rating update15 Jul 2025 from icra
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Rating update14 Jul 2025 from care
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Rating update27 Jun 2024 from care