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Mawana Sugars Limited (MAWANASUG) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹3.9B

MS Mawana Sugars Limited MAWANASUG · NSE
Price₹105.58
Fair Value₹197.13
Upside+86.7%
Quality57/100
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Evidence: High Range ₹116.78 – ₹248.90

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +13.5% over the past month.

Price vs Fair Value (12 months)

₹115.10 ₹73.40 Fair Value ₹197.13 Jul 2025 Jul 2026

12‑month range ₹73.40 – ₹115.10 · fair‑value band ₹116.78 – ₹248.90 · the ₹105.58 price screens below the ₹197.13 fair value. As of Jul 3, 2026.

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Analysis

Mawana Sugars Limited (MAWANASUG) currently trades at ₹105.58, while our model-based Fair Value estimate is ₹197.13 — implying the stock looks roughly 86.7% undervalued today. We read business quality at 57/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Mawana Sugars Limited generated revenue of ₹15.7B at a net margin of 2.4%. Revenue grew 8.0% year over year. It earns a return on equity of 7.3%. Net debt stands at ₹3.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹15.7B
Revenue growth (YoY) +8.0%
Net margin 2.4%
Return on equity 7.3%
Free cash flow ₹210M FY2026
P/E ratio 10.6
More key figures
Operating margin 21.4%
EPS (TTM) ₹9.48
Dividend yield 3.9%
EPS growth (YoY) +1.9%
Net debt ₹3.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mawana Sugars Limited reported revenue of ₹15.7B in FY2026 versus ₹14.6B in FY2022, a compound +1.8%/yr. Reported net income was ₹371M in FY2026, compounding +9.1%/yr from FY2022.

Revenue +1.8%/yr
FY22 ₹14.6B
FY23 ₹14.8B
FY24 ₹13.6B
FY25 ₹14.4B
FY26 ₹15.7B
Net income +9.1%/yr
FY22 ₹262M
FY23 ₹131M
FY24 ₹377M
FY25 ₹1.1B
FY26 ₹371M

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Frequently asked questions

Is Mawana Sugars Limited (MAWANASUG) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹197.13 versus a price of ₹105.58 — about +87% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MAWANASUG?
Our model-based fair value for Mawana Sugars Limited is ₹197.13 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹105.58.
What is the quality score of MAWANASUG?
Mawana Sugars Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mawana Sugars Limited (MAWANASUG)?
Mawana Sugars Limited reported trailing-twelve-month revenue of about ₹15.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MAWANASUG?
The net profit margin of Mawana Sugars Limited is about 2.4%, meaning it keeps roughly 2.4% of revenue as net income. Based on the latest reported figures.
Does Mawana Sugars Limited pay a dividend?
Mawana Sugars Limited currently shows a dividend yield of about 3.92% relative to its recent price (as of Jul 3, 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.