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Mawana Sugars Limited (MAWANASUG)

Sugar & Ethanol · NSE · end-of-day 2026-10-19
Close
₹169.44
Day change
+0.23%
1-year
+87.7%
From 52-week high
-6.6%
Weinstein stage
Stage 2
Minervini template
8/8
Mawana Sugars Limited closed at ₹169.44 on 2026-10-19, up 88% over the past year, 7% below its 52-week high. It meets 8 of 8 conditions of Minervini's trend template - a full pass; Weinstein's stage analysis reads stage 2 - advancing; on earnings, it passes 0 of 3 SEPA checks. Over the year its annualised volatility was about 48%, with a largest fall of 19% from a peak.

About Mawana Sugars Limited

Mawana Sugars Limited operates sugar manufacturing, ethanol and power-generation businesses using sugarcane and its by-products. Its performance depends on sugarcane availability, sugar prices, ethanol demand and government policies. Ethanol blending and renewable-energy opportunities can diversify its revenue base. Cane costs, sugar realizations, ethanol prices, weather conditions, plant utilization and regulatory policies remain important factors.

Price, RSI and MACD

Price · +62.1% over the period
80107133160187Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 63.6
305070
MACD (12, 26, 9) · histogram +2.32
-4.5-0.63.27.110.9
Price · +87.8% over the period
7099129158188Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 63.6
305070
MACD (12, 26, 9) · histogram +2.32
-4.5-0.63.27.110.9
Price · +42.3% over the period
71100129158188Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 63.6
305070
MACD (12, 26, 9) · histogram +2.32
-5.3-1.22.86.911
Price · +52.9% over the period
7097124151178Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 63.6
305070
MACD (12, 26, 9) · histogram +2.32
-5.3-1.22.86.911
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹663 cr₹1,586 cr₹28 cr24.07.051.267.3%24.3%7.8%0.80₹41 cr10.20.11

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 2026416-23-5.90—+3.8%-5.6%
Mar 20263746316.06+1.8%+9.2%16.8%
Dec 202536741.01-94.5%+9.7%1.1%
Sep 2025429-16-4.12—+12.2%-3.8%
Jun 2025400-14-3.46—+3.6%-3.4%
Mar 20253436215.77+21.9%+6.4%18.0%
Dec 20243347218.54+312.0%+2.6%21.7%
Sep 2024382-20-5.16—+0.4%-5.3%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 0 of 3 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago— Not assessable
EPS growth accelerating over 3 quarters— Not assessable
Sales up 25%+, or sales growth accelerating✗ Fail
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✗ Fail

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✓ Close above the 50-day
✓ At least 25% above the 52-week low · low 76.08
✓ Within 25% of the 52-week high · high 181.37
✓ RS percentile 70 or more · RS 95
Trend template - the gate, measured: a modest 21-day edge.
8/8Pass
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
— C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 181.37
✓ S more volume on up days than down days (50 sessions) · 2.21x
✓ L RS percentile 80 or more · RS 95
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
4/5Strong
Darvas
✗ Box top confirmed (3 sessions below the new high) · top 189.50
— Box bottom confirmed (3 sessions holding)
✗ Close above the box top · close 169.44
✗ Volume at least 1.5x its 50-day average · 0.3x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
54/100Forming
Turtle
✗ Close above the prior 55-session high · 189.50
✗ Close above the prior 20-session high · 189.50
✗ Close below the prior 20-session low · 123.50
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 9.8%
— Return on capital (ROCE) · 7.8%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
38/100Weak
Graham
✗ Price at or below the Graham number · Graham number 146.05
✗ P/E 15 or less · P/E 24.0
✓ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 1.26
✗ Current ratio 2 or more · 1.56
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
86/100Fair
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✓ Current ratio rising · 1.56
✓ No new shares issued
✗ Margin rising (net margin)
✓ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
7/9Strong
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Sugar & Ethanol sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
MAWANASUG this stock+32.2+51.2+62.1+97.7+60.0+92.724.01.267.37.8—0.8010.26631,586287.00.11
DBOL+13.2+22.4+16.7+68.9-19.5—10.30.852.54.9—1.0312.28743,2688412.80.35
INDIAGLYCO+21.1+31.5+56.7+53.5+333.5+249.7—0.7311.311.6—0.545.82,14010,31231649.40.98
BALRAMCHIN+4.3+17.0+36.1+51.1+66.4+89.738.23.589.58.8—0.7723.614,8286,36637118.40.49
UTTAMSUGAR+38.4+53.5+47.7+45.3-20.3+89.515.81.5712.011.4—0.829.01,3742,1798722.80.76
DHAMPURSUG+21.3+30.3+32.8+37.5-35.7-40.417.41.025.56.5—0.7310.91,2192,8537010.90.26
ABDL+14.3+18.1+29.1+34.2——94.512.4514.218.4—0.6938.920,6977,6042107.81.01
DALMIASUG+18.8+27.9+18.7+30.1+2.2+6.619.11.167.38.2—0.5510.33,754——25.10.54
PONNIERODE-0.6+9.2+21.7+28.5-13.8+47.06.20.548.716.5—0.003.13054465057.50.57
UGARSUGAR-4.5+37.1+36.2+28.2-47.3+89.022.02.615.89.4—2.8611.7610——2.50.54
KMSUGAR+10.6+10.8+13.5+15.1-9.6+19.0—0.7414.613.3—0.64—291640486.10.46
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

Sugar & Ethanol stocks of a similar size

The Ugar Sugar Works LimitedDwarikesh Sugar Industries LimitedBclindDhampur Bio Organics LimitedThe Andhra Sugars LimitedDhampursugUttam Sugar Mills LimitedPonni Sugars (Erode) Limited
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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.