About Mawana Sugars Limited
Data last updated:
Mawana Sugars Limited is a public limited company based in New Delhi, Delhi, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 27 March 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74100DL1961PLC003413. Its GSTIN is 09AAACS4902Q2ZX (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523371 and NSE: MAWANASUG.
The company has an authorised share capital of ₹175 Cr and a paid-up capital of ₹39.12 Cr. It was formerly known as Siel Limited and India Refrigeration Industries Limited. It is led by directors including Rakesh Kumar Gangwar (Managing Director) and Mukesh Chauhan.
Its last annual general meeting (AGM) was held on 28 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 5th Floor Kirti Mahal 19 Rajendra Place, New Delhi, Delhi, India – 110125.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,570.94 Cr, a growth of 8.6% compared to the previous year. For the same year it recorded a net profit of ₹41.12 Cr (net margin 2.6%) and EBITDA of ₹99.26 Cr (EBITDA margin 6.3%). The net worth stands at ₹524.67 Cr (up 6.7% YoY). Total assets are valued at ₹958.27 Cr (up 4% YoY).
The company has about 42 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹603 Cr and satisfied charges of ₹5,302.3 Cr on record. Court records list 192 cases involving the company, including 139 filed by the company and 53 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mawanasugars.com.
Company details
Name history
Mawana Sugars has undergone 2 name changes throughout its history. The company was previously known as Siel Limited, and India Refrigeration Industries Limited. The current legal name is Mawana Sugars Limited.
| Company Name | Status |
|---|---|
| Mawana Sugars Limited | Current |
| Siel Limited | Previous |
| India Refrigeration Industries Limited | Previous |
Contact details
Mawana Sugars Limited's registered office is in New Delhi, Delhi. Its website is mawanasugars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Kirti Mahal 19 Rajendra Place, New Delhi, Delhi, India – 110125
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Mawana Sugars Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Mawana Sugars Limited
FY 2025-26 filings availableMawana Sugars Limited reported revenue of ₹1,570.94 Cr (up 8.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,571 | 1,446 | 1,355 | 1,482 | 1,478 | 1,469 | 1,161 |
| Revenue growth | +8.6% | +6.7% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| EBITDA | 99.26 | 121 | 90.47 | 75.71 | 98.44 | 74.65 | 52.05 |
| EBITDA margin | +6.3% | +8.3% | +6.7% | +5.1% | +6.7% | +5.1% | +4.5% |
| Profit before tax | 49.79 | 129 | 53.04 | 15.23 | 37.90 | 105 | (13.35) |
| Net profit | 41.12 | 38.71 | 21.35 | 13.68 | 30.52 | (5.13) | (78.92) |
| Net profit margin | +2.6% | +2.7% | +1.6% | +0.9% | +2.1% | -0.4% | -6.8% |
| EPS (₹) | 9.48 | 27.97 | 9.62 | 3.36 | 6.68 | 18.73 | (21.19) |
| Balance sheet | |||||||
| Total assets | 958 | 922 | 988 | 777 | 812 | 660 | 807 |
| Net worth | 525 | 492 | 410 | 384 | 384 | 370 | 296 |
| Total debt | 420 | 419 | 568 | 383 | 417 | 276 | 488 |
| Cash & bank | 39.54 | 23.14 | 24.97 | 39.15 | 46.04 | 99.07 | 62.62 |
| Net working capital | 755 | 715 | 765 | 521 | 558 | 356 | 401 |
| Cash flow | |||||||
| Cash from operations | 73.31 | 114 | (164) | 108 | (151) | 160 | (139) |
| Cash from investing | (30.83) | 91.85 | 4.63 | (38.60) | (13.27) | 129 | (41.95) |
| Cash from financing | (25.12) | (206) | 143 | (75.82) | 107 | (245) | 195 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 416 | 374 | 367 | 429 | 401 | 343 | 334 | 382 |
| Revenue growth (YoY) | +3.8% | +9.2% | +9.7% | +12.2% | +3.6% | - | - | - |
| Other income | 0.68 | 10.94 | 1.12 | 0.36 | 0.73 | 5.10 | 64.25 | 0.44 |
| EBITDA | (16.60) | 87.72 | 12.83 | (10.13) | (0.59) | 88.83 | 29.08 | (10.46) |
| EBITDA margin | -4.0% | +23.4% | +3.5% | -2.4% | -0.1% | +25.9% | +8.7% | -2.7% |
| Depreciation | 7.04 | 8.41 | 7.97 | 7.41 | 7.24 | 8.80 | 8.66 | 8.13 |
| Interest | 7.89 | 6.16 | 0.52 | 4.44 | 11.04 | 6.67 | 1.43 | 8.39 |
| Profit before tax | (30.85) | 84.09 | 5.46 | (21.62) | (18.14) | 78.46 | 83.24 | (26.54) |
| Tax | (7.76) | 21.26 | 1.53 | (5.49) | (4.60) | 16.79 | 10.73 | (6.35) |
| Net profit | (23.09) | 62.83 | 3.93 | (16.13) | (13.54) | 61.67 | 72.51 | (20.19) |
| EPS (₹) | (5.90) | 16.06 | 1.01 | (4.12) | (3.46) | 15.77 | 18.54 | (5.16) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,564 | 1,445 | 1,355 | 1,482 | 1,478 | 1,469 | 1,161 |
| Revenue growth | +8.2% | +6.6% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| EBITDA | 99.03 | 121 | 93.58 | 78.87 | 102 | 78.66 | 53.99 |
| EBITDA margin | +6.3% | +8.4% | +6.9% | +5.3% | +6.9% | +5.4% | +4.7% |
| Profit before tax | 49.32 | 91.34 | 57.98 | 19.34 | 44.83 | 107 | (10.12) |
| Net profit | 40.60 | 45.33 | 25.72 | 18.10 | 34.76 | (0.40) | (74.11) |
| Net profit margin | +2.6% | +3.1% | +1.9% | +1.2% | +2.4% | -0.0% | -6.4% |
| EPS (₹) | 9.39 | 18.25 | 10.89 | 4.41 | 8.46 | 19.02 | (20.37) |
| Balance sheet | |||||||
| Total assets | 958 | 921 | 1,026 | 811 | 841 | 683 | 826 |
| Net worth | 524 | 492 | 448 | 418 | 413 | 392 | 317 |
| Total debt | 420 | 419 | 568 | 383 | 417 | 276 | 487 |
| Cash & bank | 38.90 | 20.01 | 24.85 | 38.71 | 45.24 | 98.88 | 61.84 |
| Net working capital | 754 | 714 | 713 | 474 | 508 | 301 | 356 |
| Cash flow | |||||||
| Cash from operations | 75.67 | 114 | (164) | 109 | (151) | 164 | (135) |
| Cash from investing | (30.92) | 88.42 | 4.10 | (38.74) | (13.80) | 121 | (51.24) |
| Cash from financing | (24.90) | (206) | 143 | (75.82) | 107 | (243) | 202 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 414 | 373 | 365 | 427 | 399 | 341 | 334 | 382 |
| Revenue growth (YoY) | +3.8% | +9.2% | +9.2% | +11.6% | +3.2% | - | - | - |
| Other income | 0.53 | 10.92 | 1.04 | 0.35 | 0.45 | 4.98 | 24.38 | 0.95 |
| Total expenses | 431 | 285 | 353 | 437 | 400 | 252 | 305 | 393 |
| EBITDA | (16.64) | 87.87 | 12.59 | (10.39) | (0.47) | 89.05 | 29.02 | (10.09) |
| EBITDA margin | -4.0% | +23.6% | +3.4% | -2.4% | -0.1% | +26.1% | +8.7% | -2.6% |
| Depreciation | 6.99 | 8.38 | 7.94 | 7.38 | 7.20 | 8.76 | 8.66 | 8.12 |
| Interest | 7.89 | 6.15 | 0.51 | 4.44 | 11.04 | 6.67 | 1.43 | 8.38 |
| Profit before tax | (30.99) | 84.26 | 5.18 | (21.86) | (18.26) | 78.60 | 43.31 | (25.64) |
| Tax | (7.78) | 21.28 | 1.41 | (5.49) | (4.60) | 16.79 | 10.73 | (6.35) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 416 | 374 | 367 | 429 | 401 | 343 | 334 | 382 |
| Revenue growth (YoY) | +3.8% | +9.2% | +9.7% | +12.2% | +3.6% | - | - | - |
| Other income | 0.68 | 10.94 | 1.12 | 0.36 | 0.73 | 5.10 | 64.25 | 0.44 |
| EBITDA | (16.60) | 87.72 | 12.83 | (10.13) | (0.59) | 88.83 | 29.08 | (10.46) |
| EBITDA margin | -4.0% | +23.4% | +3.5% | -2.4% | -0.1% | +25.9% | +8.7% | -2.7% |
| Depreciation | 7.04 | 8.41 | 7.97 | 7.41 | 7.24 | 8.80 | 8.66 | 8.13 |
| Interest | 7.89 | 6.16 | 0.52 | 4.44 | 11.04 | 6.67 | 1.43 | 8.39 |
| Profit before tax | (30.85) | 84.09 | 5.46 | (21.62) | (18.14) | 78.46 | 83.24 | (26.54) |
| Tax | (7.76) | 21.26 | 1.53 | (5.49) | (4.60) | 16.79 | 10.73 | (6.35) |
| Net profit | (23.09) | 62.83 | 3.93 | (16.13) | (13.54) | 61.67 | 72.51 | (20.19) |
| EPS (₹) | (5.90) | 16.06 | 1.01 | (4.12) | (3.46) | 15.77 | 18.54 | (5.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,571 | 1,446 | 1,355 | 1,482 | 1,478 | 1,469 | 1,161 |
| Revenue growth | +8.6% | +6.7% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| Other income | 3.72 | 71.84 | 27.62 | 3.06 | 4.89 | 114 | 17.14 |
| Total expenses | 1,472 | 1,326 | 1,265 | 1,406 | 1,380 | 1,394 | 1,109 |
| Employee cost | 95.75 | 88.12 | 80.73 | 78.21 | 69.36 | 68.75 | 63.91 |
| EBITDA | 99.26 | 121 | 90.47 | 75.71 | 98.44 | 74.65 | 52.05 |
| EBITDA margin | +6.3% | +8.3% | +6.7% | +5.1% | +6.7% | +5.1% | +4.5% |
| Depreciation | 31.03 | 33.56 | 35.35 | 35.64 | 39.67 | 47.57 | 55.55 |
| Interest | 22.16 | 29.56 | 29.70 | 27.90 | 25.76 | 35.33 | 26.99 |
| Profit before tax | 49.79 | 129 | 53.04 | 15.23 | 37.90 | 105 | (13.35) |
| Tax | 12.70 | 19.94 | 15.39 | 2.10 | 11.75 | 32.25 | 69.57 |
| Net profit | 41.12 | 38.71 | 21.35 | 13.68 | 30.52 | (5.13) | (78.92) |
| Net profit margin | +2.6% | +2.7% | +1.6% | +0.9% | +2.1% | -0.4% | -6.8% |
| EPS (₹) | 9.48 | 27.97 | 9.62 | 3.36 | 6.68 | 18.73 | (21.19) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 |
| Reserves & surplus | 486 | 453 | 371 | 345 | 345 | 331 | 257 |
| Shareholders' funds (net worth) | 525 | 492 | 410 | 384 | 384 | 370 | 296 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 |
| Secured loans | 420 | 418 | 568 | 382 | 416 | 276 | 485 |
| Unsecured loans | 0.97 | 1.02 | 0.59 | 1.04 | 0.75 | 0.00 | 3.86 |
| Total debt | 420 | 419 | 568 | 383 | 417 | 276 | 488 |
| Total liabilities | 958 | 922 | 988 | 777 | 812 | 660 | 807 |
| Assets | |||||||
| Gross block | 515 | 497 | 471 | 430 | 410 | 393 | 440 |
| Net block | 188 | 198 | 204 | 197 | 212 | 232 | 298 |
| Capital work in progress | 0.86 | 0.32 | 0.55 | 15.82 | 2.55 | 12.52 | 1.28 |
| Investments | 0.00 | 0.00 | 2.68 | 2.83 | 4.45 | 9.73 | 13.16 |
| Inventories | 804 | 821 | 878 | 688 | 700 | 805 | 854 |
| Sundry debtors | 53.41 | 33.63 | 39.21 | 32.54 | 38.86 | 38.73 | 48.75 |
| Cash & bank balances | 39.54 | 23.14 | 24.97 | 39.15 | 46.04 | 99.07 | 62.62 |
| Loans & advances | 22.43 | 11.71 | 12.90 | 17.82 | 12.68 | 133 | 104 |
| Total current assets | 919 | 890 | 955 | 777 | 798 | 1,076 | 1,069 |
| Total current liabilities | 164 | 174 | 190 | 256 | 239 | 720 | 667 |
| Net working capital | 755 | 715 | 765 | 521 | 558 | 356 | 401 |
| Total assets | 958 | 922 | 988 | 777 | 812 | 660 | 807 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.23 | 10.09 | 26.41 | 32.41 | 89.83 | 46.69 | 32.27 |
| Net cash from operating activities | 73.31 | 114 | (164) | 108 | (151) | 160 | (139) |
| Net cash from investing activities | (30.83) | 91.85 | 4.63 | (38.60) | (13.27) | 129 | (41.95) |
| Net cash from financing activities | (25.12) | (206) | 143 | (75.82) | 107 | (245) | 195 |
| Net change in cash | 17.36 | (0.86) | (16.32) | (6.00) | (57.42) | 43.14 | 14.42 |
| Closing cash | 39.54 | 23.14 | 24.97 | 39.15 | 46.04 | 99.07 | 62.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.6% | +6.7% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| EBITDA growth | -17.7% | +33.4% | +19.5% | -23.1% | +31.9% | +43.4% | - |
| PBT growth | -61.5% | +143.9% | +248.3% | -59.8% | -64.1% | +9998.0% | - |
| Net income growth | +6.2% | +81.3% | +56.1% | -55.2% | +694.9% | +93.5% | - |
| Revenue CAGR (3Y) | +2.0% | -0.7% | -2.7% | +8.5% | +8.3% | +3.0% | -0.8% |
| EBITDA CAGR (3Y) | +9.5% | +7.0% | +6.6% | +13.3% | -5.0% | +24.8% | -32.1% |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | +7.6% | +2.8% | +0.9% | +1.8% | +5.0% | -7.1% |
| Return on capital employed | +8.2% | +10.2% | +6.8% | +5.4% | +9.5% | +7.1% | 0.0% |
| Return on net worth | +8.1% | +8.6% | +5.4% | +3.4% | +8.1% | -1.6% | 0.0% |
| Debt / equity | 0.83 | 1.09 | 1.20 | 1.04 | 0.92 | 1.15 | 1.07 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.06 | 0.15 | 0.41 | 0.55 |
| Interest cover | 32.48 | 33.95 | 53.88 | 69.63 | 43.83 | 130.47 | -771.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.11 | 2.99 | 3.01 | 3.53 | 3.68 | 3.53 | 2.85 |
| Inventory turnover | 1.93 | 1.70 | 1.73 | 2.14 | 1.96 | 1.77 | 1.41 |
| Debtors turnover | 36.10 | 39.72 | 37.77 | 41.50 | 38.10 | 33.58 | 26.99 |
| EPS (₹) | 9.48 | 27.97 | 9.62 | 3.36 | 6.68 | 18.73 | (21.19) |
| Dividend per share (₹) | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 0.00 |
| Book value per share (₹) | 134.12 | 125.75 | 104.87 | 98.24 | 98.23 | 94.51 | 75.74 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 414 | 373 | 365 | 427 | 399 | 341 | 334 | 382 |
| Revenue growth (YoY) | +3.8% | +9.2% | +9.2% | +11.6% | +3.2% | - | - | - |
| Other income | 0.53 | 10.92 | 1.04 | 0.35 | 0.45 | 4.98 | 24.38 | 0.95 |
| Total expenses | 431 | 285 | 353 | 437 | 400 | 252 | 305 | 393 |
| EBITDA | (16.64) | 87.87 | 12.59 | (10.39) | (0.47) | 89.05 | 29.02 | (10.09) |
| EBITDA margin | -4.0% | +23.6% | +3.4% | -2.4% | -0.1% | +26.1% | +8.7% | -2.6% |
| Depreciation | 6.99 | 8.38 | 7.94 | 7.38 | 7.20 | 8.76 | 8.66 | 8.12 |
| Interest | 7.89 | 6.15 | 0.51 | 4.44 | 11.04 | 6.67 | 1.43 | 8.38 |
| Profit before tax | (30.99) | 84.26 | 5.18 | (21.86) | (18.26) | 78.60 | 43.31 | (25.64) |
| Tax | (7.78) | 21.28 | 1.41 | (5.49) | (4.60) | 16.79 | 10.73 | (6.35) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,564 | 1,445 | 1,355 | 1,482 | 1,478 | 1,469 | 1,161 |
| Revenue growth | +8.2% | +6.6% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| Other income | 3.33 | 32.92 | 29.30 | 3.85 | 7.83 | 111 | 18.09 |
| Total expenses | 1,465 | 1,324 | 1,262 | 1,403 | 1,376 | 1,390 | 1,107 |
| Employee cost | 92.82 | 87.35 | 80.73 | 78.21 | 69.36 | 68.75 | 63.91 |
| EBITDA | 99.03 | 121 | 93.58 | 78.87 | 102 | 78.66 | 53.99 |
| EBITDA margin | +6.3% | +8.4% | +6.9% | +5.3% | +6.9% | +5.4% | +4.7% |
| Depreciation | 30.90 | 33.50 | 35.30 | 35.58 | 39.59 | 47.57 | 55.55 |
| Interest | 22.14 | 29.51 | 29.60 | 27.80 | 25.66 | 35.16 | 26.65 |
| Profit before tax | 49.32 | 91.34 | 57.98 | 19.34 | 44.83 | 107 | (10.12) |
| Tax | 12.60 | 19.94 | 15.39 | 2.10 | 11.75 | 32.25 | 69.57 |
| Net profit | 40.60 | 45.33 | 25.72 | 18.10 | 34.76 | (0.40) | (74.11) |
| Net profit margin | +2.6% | +3.1% | +1.9% | +1.2% | +2.4% | -0.0% | -6.4% |
| EPS (₹) | 9.39 | 18.25 | 10.89 | 4.41 | 8.46 | 19.02 | (20.37) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 | 39.12 |
| Reserves & surplus | 485 | 453 | 409 | 378 | 374 | 353 | 278 |
| Shareholders' funds (net worth) | 524 | 492 | 448 | 418 | 413 | 392 | 317 |
| Secured loans | 420 | 418 | 568 | 382 | 416 | 276 | 485 |
| Unsecured loans | 0.84 | 0.85 | 0.59 | 1.04 | 0.75 | 0.00 | 2.29 |
| Total debt | 420 | 419 | 568 | 383 | 417 | 276 | 487 |
| Total liabilities | 958 | 921 | 1,026 | 811 | 841 | 683 | 826 |
| Assets | |||||||
| Gross block | 511 | 494 | 470 | 429 | 409 | 392 | 440 |
| Net block | 185 | 195 | 204 | 197 | 211 | 231 | 298 |
| Capital work in progress | 0.86 | 0.32 | 0.55 | 15.82 | 2.55 | 12.52 | 1.28 |
| Investments | 3.65 | 3.65 | 85.34 | 83.78 | 83.95 | 80.53 | 78.39 |
| Inventories | 803 | 820 | 820 | 630 | 642 | 748 | 800 |
| Sundry debtors | 52.69 | 35.38 | 39.21 | 32.54 | 38.86 | 38.73 | 48.75 |
| Cash & bank balances | 38.90 | 20.01 | 24.85 | 38.71 | 45.24 | 98.88 | 61.84 |
| Loans & advances | 21.70 | 11.19 | 13.93 | 23.64 | 16.11 | 134 | 104 |
| Total current assets | 917 | 887 | 898 | 724 | 742 | 1,019 | 1,014 |
| Total current liabilities | 163 | 173 | 185 | 250 | 234 | 718 | 658 |
| Net working capital | 754 | 714 | 713 | 474 | 508 | 301 | 356 |
| Total assets | 958 | 921 | 1,026 | 811 | 841 | 683 | 826 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.10 | 9.98 | 26.38 | 32.22 | 89.65 | 46.42 | 31.12 |
| Net cash from operating activities | 75.67 | 114 | (164) | 109 | (151) | 164 | (135) |
| Net cash from investing activities | (30.92) | 88.42 | 4.10 | (38.74) | (13.80) | 121 | (51.24) |
| Net cash from financing activities | (24.90) | (206) | 143 | (75.82) | 107 | (243) | 202 |
| Net change in cash | 19.85 | (3.88) | (16.40) | (5.84) | (57.43) | 43.23 | 15.30 |
| Closing cash | 38.90 | 20.01 | 24.85 | 38.71 | 45.24 | 98.88 | 61.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.2% | +6.6% | -8.6% | +0.2% | +0.6% | +26.5% | - |
| EBITDA growth | -18.5% | +29.8% | +18.7% | -22.9% | +30.0% | +45.7% | - |
| PBT growth | -46.0% | +57.5% | +199.8% | -56.9% | -58.0% | +9998.0% | - |
| Net income growth | -10.4% | +76.2% | +42.1% | -47.9% | +8790.0% | +99.5% | - |
| Revenue CAGR (3Y) | +1.8% | -0.8% | -2.7% | +8.5% | +8.3% | +3.0% | -0.8% |
| EBITDA CAGR (3Y) | +7.9% | +5.9% | +6.0% | +13.5% | -4.0% | +42.4% | -30.8% |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | +4.9% | +3.1% | +1.2% | +2.2% | +5.1% | -6.9% |
| Return on capital employed | +8.2% | +10.2% | +7.0% | +5.7% | +9.3% | +7.1% | +2.2% |
| Return on net worth | +8.0% | +9.6% | +5.9% | +4.2% | +8.2% | -0.1% | -22.3% |
| Debt / equity | 0.83 | 1.05 | 1.10 | 0.96 | 0.86 | 1.08 | 1.01 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.06 | 0.18 | 0.42 | 0.52 |
| Interest cover | 32.50 | 33.56 | 50.79 | 64.22 | 40.95 | 113.09 | -1,708.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.11 | 3.00 | 3.01 | 3.53 | 3.69 | 3.53 | 2.85 |
| Inventory turnover | 1.93 | 1.76 | 1.87 | 2.33 | 2.13 | 1.90 | 1.51 |
| Debtors turnover | 35.52 | 38.75 | 37.77 | 41.50 | 38.10 | 33.58 | 26.99 |
| EPS (₹) | 9.39 | 18.25 | 10.89 | 4.41 | 8.46 | 19.02 | (20.37) |
| Dividend per share (₹) | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 134.06 | 125.78 | 114.62 | 106.73 | 105.67 | 100.18 | 81.13 |
To see the full year-wise statements and ratios of Mawana Sugars Limited, buy the company report.
Board of directors of Mawana Sugars Limited
Mawana Sugars has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Chauhan | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Arun Kumar Kaul Also directs: Mawana Foods Private Limited | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Satish Agrawal Also directs: Srka Foundation | Director | 09 Dec 2020 | 5 Years 10 Months | Current |
| Krishna Shriram | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Rakesh Kumar Gangwar Also directs: Mawana Foods Private Limited | Managing Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Anuradha Dutt Also directs: Dunmorr Sett Law LLP, Honda India Power Products Limited, Morrisett Agro Forestry Ventures Private Limited and 5 more | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
Auditor
Mawana Sugars Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 63.50%, foreign institutional investors hold 0.40%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 36.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 63.50% | 63.50% | 63.50% | 63.50% |
| Public | 36.50% | 36.50% | 36.50% | 36.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2024 | 101021273 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 27 Mar 2019 | 100261893 | Others | ₹198.5 Cr | Open | |
| 27 Mar 2019 | 100261896 | Others | ₹384.5 Cr | Open | |
| 03 Jun 2025 | 101115023 | State Bank of India | ₹22 Cr | Satisfied | |
| 04 Dec 2024 | 101021489 | Others | ₹384.5 Cr | Satisfied |
To see the full charge records of Mawana Sugars Limited, buy the company report.
Total charge records: 77 View all charges
Legal cases
Mawana Sugars Limited has 192 court cases on record: 139 filed by Mawana Sugars, 53 filed against it. 7 cases are pending and 185 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 119 | 21 | 4 |
| District courts | 43 | 13 | 3 |
| Supreme Court | 19 | 9 | 0 |
| NCLAT | 11 | 10 | 0 |
Cases on record (5 of 192)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Simbhaoli Sugars Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by The Andhra Sugars Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by The Avadh Sugar & Energy Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Balrampur Chini Mills Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by K.M Sugar Mills Limited | Disposed |
To see the full case history of Mawana Sugars Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mawana Sugars Limited was last rated by Care on 05 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Oct 2020 |
To see the full credit ratings and regulatory alerts of Mawana Sugars Limited, buy the company report.
MSME payment delays
Mawana Sugars Limited has 12 MSME Form 1 returns on record between 2019 and 2022, listing 3,282 overdue payments to 187 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 187)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamal Bearings Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mawana Sugars Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mawana Sugars has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Siel Industrial Estate Limited | U45209DL1994PLC057359 | |
| Siel Infrastructure & Estate Developers Private Limited | U74899DL1985PTC021191 |
To see the full group structure of Mawana Sugars Limited, buy the company report.
Employees & EPFO
Mawana Sugars Limited has a workforce of 42 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Mawana Sugars has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACS4902Q2ZX | Uttar Pradesh | Active | 30 Jun 2017 |
| 06AAACS4902Q1Z4 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mawana Sugars Limited, buy the company report.
Recent activity
Mawana Sugars Limited has 43 board changes on record since 1992: 25 appointments and 18 cessations. The latest: Rakesh Kumar Gangwar was appointed as Managing Director on 13 Aug 2024.
229 earlier events are in the company report.
News
Frequently asked questions
Mawana Sugars is an active public limited company based in New Delhi, Delhi, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 27 March 1961 (65+ years old) and is registered under CIN L74100DL1961PLC003413. Listed on BSE: 523371 and NSE: MAWANASUG.
Mawana Sugars reported revenue of ₹1,570.94 Cr for FY 2025-26 (up 8.6% YoY) based on consolidated financials.
Mawana Sugars has 6 current directors:
- Rakesh Kumar Gangwar - Managing Director
- Mukesh Chauhan - Director
- Arun Kumar Kaul - Director
- Satish Agrawal - Director
- Krishna Shriram - Director
- Anuradha Dutt - Director
The latest financial statements of Mawana Sugars on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mawana Sugars is 09AAACS4902Q2ZX, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAACS4902Q1Z4 (Haryana).
The CIN (Corporate Identification Number) of Mawana Sugars is L74100DL1961PLC003413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mawana Sugars is a listed company as per MCA records. Its shares are listed on both BSE (code: 523371) and NSE (symbol: MAWANASUG).
Mawana Sugars has 192 court cases on record: 139 filed by the company and 53 filed against it. 7 are pending. Most are in the high courts.
Mawana Sugars was incorporated on 27 March 1961, making it 65+ years old. It is registered with the Registrar of Companies, Delhi.
Rakesh Kumar Gangwar was appointed as Managing Director on 13 Aug 2024. Dharam Pal Sharma ceased to be Whole-Time Director on 12 Aug 2024. Manju Vira Gupta ceased to be Director on 25 Dec 2023. Mawana Sugars has 43 board changes on record in total.
Mawana Sugars has 12 MSME Form 1 returns on record between 2019 and 2022, listing 3,282 overdue payments to 187 micro and small suppliers. The latest return was filed on 14 Sep 2023.
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