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Mawana Sugars Limited (523371) Fair Value & Analysis

Consumer Goods · IN · Market cap ₹921M

MS Mawana Sugars Limited 523371 · BSE
Price₹105.20
Fair Value₹23.41
Upside-77.7%
Quality65/100
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Evidence: High Range ₹16.33 – ₹35.96

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price +14.0% over the past month.

Price vs Fair Value (12 months)

₹115.25 ₹73.44 Fair Value ₹23.41 Jun 2025 Jul 2026

12‑month range ₹73.44 – ₹115.25 · fair‑value band ₹16.33 – ₹35.96 · the ₹105.20 price screens above the ₹23.41 fair value. As of Jul 4, 2026.

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Analysis

Mawana Sugars Limited (523371) currently trades at ₹105.20, while our model-based Fair Value estimate is ₹23.41 — implying the stock looks roughly 77.7% overvalued today. We read business quality at 65/100 (solid quality), in the Consumer Goods sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Mawana Sugars Limited generated revenue of ₹16.8B at a net margin of -5.8%. Revenue grew 75.7% year over year. It earns a return on equity of -31.0%. The stock trades on a trailing P/E of 0.2. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹16.8B
Revenue growth (YoY) +75.7%
Net margin -5.8%
Return on equity -31.0%
P/E ratio 0.2
Operating margin -0.3%
More key figures
EPS (TTM) ₹115.82
Dividend yield 1.4%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Mawana Sugars Limited manufactures and markets sugar under the Mawana brand in India. The company operates through Sugar, Power, Chemicals, and Distillery segments. It produces plantation white, refined, and specialty sugars, as well as IP grade sugar for pharmaceutical use. The company also offers chemical products, such as caustic soda, chlorine, stable bleaching powder, hydrogen, and hydrochloric acid. In addition, it is involved in the cogeneration of power from bagasse; and manufacture and sale of anhydrous and hydrous ethanol, including rectified spirit, denatured spirit, fuel ethanol, organic manure, and fusel oil to oil marketing companies. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mawana Sugars Limited reported revenue of ₹14.5B in FY2025 versus ₹14.7B in FY2021, a compound −0.4%/yr. Reported net income was ₹1.1B in FY2025, compounding +10.5%/yr from FY2021.

Revenue −0.4%/yr
FY21 ₹14.7B
FY22 ₹14.8B
FY23 ₹14.8B
FY24 ₹13.6B
FY25 ₹14.5B
Net income +10.5%/yr
FY21 ₹733M
FY22 ₹262M
FY23 ₹131M
FY24 ₹377M
FY25 ₹1.1B

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Frequently asked questions

Is Mawana Sugars Limited (523371) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹23.41 versus a price of ₹105.20 — about −78% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 523371?
Our model-based fair value for Mawana Sugars Limited is ₹23.41 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹105.20.
What is the quality score of 523371?
Mawana Sugars Limited has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mawana Sugars Limited (523371)?
Mawana Sugars Limited reported trailing-twelve-month revenue of about ₹16.8B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 523371?
The net profit margin of Mawana Sugars Limited is about -5.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Mawana Sugars Limited pay a dividend?
Mawana Sugars Limited currently shows a dividend yield of about 1.42% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.