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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Mawana Sugars Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:11 am

Market Cap 393 Cr.
Current Price 100
High / Low 137/83.0
Stock P/E9.84
Book Value 94.6
Dividend Yield3.98 %
ROCE6.84 %
ROE5.37 %
Face Value 10.0
PEG Ratio0.10

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mawana Sugars Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gayatri Sugars Ltd 98.0 Cr. 15.0 27.9/14.5 20.00.00 %93.2 %% 10.0
Dhampure Speciality Sugars Ltd 99.4 Cr. 125 142/75.767.6 35.60.00 %3.15 %3.78 % 10.0
Dhampur Bio Organics Ltd 793 Cr. 119 164/11275.4 1462.09 %5.02 %3.67 % 10.0
DCM Shriram Industries Ltd 1,658 Cr. 191 242/15013.6 1001.05 %16.1 %14.9 % 2.00
Davangere Sugar Company Ltd 525 Cr. 5.58 11.5/5.0142.4 3.640.00 %6.86 %3.75 % 1.00
Industry Average2,316.78 Cr312.1630.81224.520.65%13.00%13.21%6.37

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales345355360336488294308341482350326381326
Expenses346277348339454232305368462269330409285
Operating Profit-17812-333623-271981-3-2941
OPM %-0%22%3%-1%7%21%1%-8%4%23%-1%-8%13%
Other Income11111-22-2-01101260
Interest99684799461073
Depreciation1212101010109899889
Profit before tax-21168-2-232142-15-43766-20-1829
Tax %0%24%15%21%26%27%22%24%26%21%24%38%39%
Net Profit-21127-2-181531-12-32552-16-1118
EPS in Rs-5.4732.58-0.52-4.613.887.94-3.04-8.291.3613.33-3.99-2.924.50

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2011Sep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,7151,7991,3421,3991,4851,1911,3441,1651,1611,4691,4781,4821,383
Expenses1,6381,7791,3981,4521,3791,0221,3011,0501,1091,3721,3731,4051,293
Operating Profit7621-57-521061694311552961057790
OPM %4%1%-4%-4%7%14%3%10%4%7%7%5%7%
Other Income54-263091035627111792-2227
Interest1131249177775138242735262826
Depreciation79775061383024335648403635
Profit before tax-62-206-168-1811443769-13105381557
Tax %-1%1%-1%-0%0%19%-33%41%-521%31%31%14%
Net Profit-63-204-170-18113591040-8373261343
EPS in Rs-17.95-58.35-43.15-46.370.2091.782.4910.32-21.1918.736.693.3610.92
Dividend Payout %0%0%0%0%0%0%0%0%0%16%45%89%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2011-20122016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-223.81%35800.00%-97.21%300.00%-307.50%187.95%-64.38%-50.00%
Change in YoY Net Profit Growth (%)0.00%36023.81%-35897.21%397.21%-607.50%495.45%-252.34%14.38%

Mawana Sugars Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2011-2012 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:0%
5 Years:3%
3 Years:-3%
TTM:-8%
Compounded Profit Growth
10 Years:8%
5 Years:-12%
3 Years:83%
TTM:30%
Stock Price CAGR
10 Years:25%
5 Years:26%
3 Years:11%
1 Year:5%
Return on Equity
10 Years:%
5 Years:-1%
3 Years:6%
Last Year:5%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:33 pm

MonthSep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital35393939393939393939393939
Reserves-72-245-427-426292302342257331345345371331
Borrowings571702504482244143239488276417383568182
Other Liabilities370394818958588622788689735250266200122
Total Liabilities9038909341,0531,1631,1051,4081,4741,3801,0511,0331,179675
Fixed Assets574529474441321313296298232212197204190
CWIP1113488113316113
Investments2000001513104333
Other Assets3273604606098387841,0891,1611,126832817972469
Total Assets9038909341,0531,1631,1051,4081,4741,3801,0511,0331,179675

Reserves and Borrowings Chart

Cash Flow

MonthSep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +372-59235384963-100-139160-151108-164
Cash from Investing Activity +-014-15-412183-17-42129-13-395
Cash from Financing Activity +-36845-206-30-157-12794195-245107-76143
Net Cash Flow401541319-231443-57-6-16

Free Cash Flow

MonthDec 2014Mar 2011Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2012Sep 2013
Free Cash Flow-556.0076.00-376.00-75.00-100.00-124.00-436.00-180.00-312.00-306.00-550.00-759.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthSep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days6111318131412151010811
Inventory Days5690108165238176417333246214208300
Days Payable76107225268217204355231201576152
Cash Conversion Cycle-14-5-104-8534-147411755167155259
Working Capital Days-52-63-159-131-18-3096764126119199
ROCE %-5%-19%-34%73%44%6%17%2%7%10%6%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%63.49%
FIIs0.00%0.00%0.00%0.09%0.32%1.66%1.71%1.11%0.08%0.01%0.01%0.93%
DIIs1.59%1.58%1.15%1.14%1.13%0.46%0.32%0.31%0.31%0.31%0.31%0.31%
Public34.92%34.92%35.36%35.28%35.06%34.39%34.48%35.09%36.12%36.18%36.18%35.27%
No. of Shareholders46,68044,78244,74444,97544,68351,59155,08557,10456,95556,15155,12554,659

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.633.366.6918.73-21.19
Diluted EPS (Rs.)9.633.366.6918.73-21.19
Cash EPS (Rs.)18.7012.5516.5130.98-6.59
Book Value[Excl.RevalReserv]/Share (Rs.)104.8798.2498.2494.5175.77
Book Value[Incl.RevalReserv]/Share (Rs.)104.8798.2498.2494.5175.77
Revenue From Operations / Share (Rs.)346.39378.76377.88375.53296.80
PBDIT / Share (Rs.)30.2220.5527.7725.5515.73
PBIT / Share (Rs.)21.1911.4417.6313.391.53
PBT / Share (Rs.)13.603.989.3732.64-5.37
Net Profit / Share (Rs.)9.663.446.3718.82-20.79
NP After MI And SOA / Share (Rs.)9.623.366.6818.73-21.19
PBDIT Margin (%)8.725.427.346.805.30
PBIT Margin (%)6.113.024.663.560.51
PBT Margin (%)3.921.052.478.69-1.80
Net Profit Margin (%)2.780.901.685.01-7.00
NP After MI And SOA Margin (%)2.770.881.764.98-7.14
Return on Networth / Equity (%)9.173.416.8019.81-27.98
Return on Capital Employeed (%)19.7311.1215.8211.411.16
Return On Assets (%)3.191.272.485.30-5.62
Long Term Debt / Equity (X)0.000.010.100.200.65
Total Debt / Equity (X)1.380.991.080.661.22
Asset Turnover Ratio (%)1.231.421.201.020.80
Current Ratio (X)1.261.231.301.171.11
Quick Ratio (X)0.100.140.150.290.22
Inventory Turnover Ratio (X)1.591.711.491.431.24
Dividend Payout Ratio (NP) (%)31.1589.3344.870.000.00
Dividend Payout Ratio (CP) (%)16.0624.0517.820.000.00
Earning Retention Ratio (%)68.8510.6755.130.000.00
Cash Earning Retention Ratio (%)83.9475.9582.180.000.00
Interest Coverage Ratio (X)3.982.884.222.832.28
Interest Coverage Ratio (Post Tax) (X)2.271.532.220.56-2.36
Enterprise Value (Cr.)872.85698.20890.78288.33386.75
EV / Net Operating Revenue (X)0.640.470.600.190.33
EV / EBITDA (X)7.388.698.202.886.28
MarketCap / Net Operating Revenue (X)0.240.230.350.090.07
Retention Ratios (%)68.8410.6655.120.000.00
Price / BV (X)0.800.921.360.380.29
Price / Net Operating Revenue (X)0.240.230.350.090.07
EarningsYield0.110.030.050.51-0.93

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mawana Sugars Ltd as of December 21, 2024 is: 51.98

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, Mawana Sugars Ltd is Overvalued by 48.02% compared to the current share price 100.00

Intrinsic Value of Mawana Sugars Ltd as of December 21, 2024 is: 104.67

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, Mawana Sugars Ltd is Undervalued by 4.67% compared to the current share price 100.00

Last 5 Year EPS CAGR: 101.37%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 10.92, which is a positive sign.
  2. The company has shown consistent growth in sales (1.00 cr) and profit (8.08 cr) over the years.
  1. The stock has a low average ROCE of 9.50%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 53.25, which may not be favorable.
  3. The company has higher borrowings (399.92) compared to reserves (134.31), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mawana Sugars Ltd:
    1. Net Profit Margin: 2.78%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 19.73% (Industry Average ROCE: 13%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 9.17% (Industry Average ROE: 11.89%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.27
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.1
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 9.84 (Industry average Stock P/E: 23.62)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.38
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Mawana Sugars Ltd. is a Public Limited Listed company incorporated on 27/03/1961 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74100DL1961PLC003413 and registration number is 003413. Currently Company is involved in the business activities of Manufacture of sugar. Company’s Total Operating Revenue is Rs. 1478.13 Cr. and Equity Capital is Rs. 39.12 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Sugar5th Floor, Kirti Mahal, 19, Rajendra Place, New Delhi Delhi 110125corporate@mawanasugars.com
http://www.mawanasugars.com
Management
NamePosition Held
Mr. Krishna ShriramChairman & Non-Exe.Director
Prof. Dharam Pal SharmaWhole Time Director
Mr. Mukesh ChauhanNon Exe.Non Ind.Director
Ms. Anuradha DuttInd. Non-Executive Director
Mr. Satish AgrawalInd. Non-Executive Director
Mr. Arun Kumar KaulInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Mawana Sugars Ltd?

The latest intrinsic value of Mawana Sugars Ltd as on 21 December 2024 is ₹51.98, which is 48.02% lower than the current market price of ₹100.00. The stock has a market capitalization of 393 Cr. and recorded a high/low of 137/83.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹331 Cr and total liabilities of ₹675 Cr.

What is the Market Cap of Mawana Sugars Ltd?

The Market Cap of Mawana Sugars Ltd is 393 Cr..

What is the current Stock Price of Mawana Sugars Ltd as on 21 December 2024?

The current stock price of Mawana Sugars Ltd as on 21 December 2024 is 100.

What is the High / Low of Mawana Sugars Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Mawana Sugars Ltd stocks is 137/83.0.

What is the Stock P/E of Mawana Sugars Ltd?

The Stock P/E of Mawana Sugars Ltd is 9.84.

What is the Book Value of Mawana Sugars Ltd?

The Book Value of Mawana Sugars Ltd is 94.6.

What is the Dividend Yield of Mawana Sugars Ltd?

The Dividend Yield of Mawana Sugars Ltd is 3.98 %.

What is the ROCE of Mawana Sugars Ltd?

The ROCE of Mawana Sugars Ltd is 6.84 %.

What is the ROE of Mawana Sugars Ltd?

The ROE of Mawana Sugars Ltd is 5.37 %.

What is the Face Value of Mawana Sugars Ltd?

The Face Value of Mawana Sugars Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mawana Sugars Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE