Magadh Sugar & Energy Limited (MAGADSUGAR)

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Magadh Sugar & Energy Limited (MAGADSUGAR) · mywealthgrid

About

Magadh Sugar & Energy operates sugar production in Consumer Staples sector. Mid-cap (₹766 Cr market cap, price ₹561.2) with quarterly revenue stable ₹290–355 Cr. Business shows pronounced seasonality: March peaks with 26–32% OPM, while June and September trough at 0.23–6.44% OPM.

Face value: ₹10

Market cap

₹722 Cr

P/E

14.1×

P/B

0.8×

Dividend yield

4.9%

ROE

7.4%

ROCE

11.1%

Debt / equity

0.79

OPM

11.8%

EPS (TTM)

₹36.2

Book value

₹624.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme margin volatility: OPM 0.23%–32.49%, profitability swings -₹12.2 to +₹71.5 Cr. Indicates heavy input-cost or crushing-capacity exposure—verify sugarcane pricing cycles and hedging posture.
Seasonal off-season losses each June/September (Jun 2026 -₹12.2 Cr, Sep 2025 -₹10.35 Cr); verify whether inherent cash-flow stress affects debt-service capability.
Minimal institutional backing (FII 0.06%, DII 0.01%); liquidity and analyst-coverage risk.
Debt/Equity 0.79 moderate but untested in sustained loss cycle; verify debt maturity and covenants given cyclicality.

Generated analysis · source review pending

Growth drivers

Stable revenue ₹290–355 Cr across 8 quarters reflects established market position—verify whether volume or pricing tailwinds possible in commodity-cycle upturn.
Historical OPM ranges 0.23%–32.49%; most quarters 6–17%, March consistently 26–32%. If mid-range sustains, significant profit uplift—verify cost drivers and whether operational improvements underway.
Dividends continue in profitable quarters (Mar ₹48.5 Cr, Dec ₹25.1 Cr); cash availability evident—verify distribution policy and retained-earnings usage.
Debt headroom (D/E 0.79) if growth capex required—verify capital-allocation priorities.

Generated analysis · source review pending

2,263 historical price candles were omitted because the exchange source has not been verified.

₹511.8-4.6%1Y

Quick read

rule-based

Pros

+Profit CAGR of 18.6% over the last 5 years
+Dividend yield of 4.9%
+Dividend payout of 69% of profit
+High promoter holding of 61% with no pledge

Cons

−Modest revenue growth of 5.5% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

42/100

Business quality: 26
Growth: 16
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	219	219	739	916	952	995	953	1,097	1,322	1,245
COGS	117	117	521	622	712	746	668	702	905	900
Gross profit	102	102	218	294	240	250	285	395	417	345
	41	41	117	139	125	125	154	182	207	198
	61	61	101	155	115	124	131	213	211	147
OPM %	27.8%	27.8%	13.7%	16.9%	12%	12.5%	13.7%	19.4%	16%	11.8%
Depreciation	6	6	18	18	19	21	25	25	27	30
Interest	11	11	35	48	55	40	30	33	38	36
	0	0	6	19	2	3	2	2	3	3
Profit before tax	45	45	54	108	42	66	77	157	148	85
Tax	19	19	20	25	15	20	27	40	38	22
Tax %	42.7%	42.7%	36.5%	22.9%	36%	30.7%	34.8%	25.7%	25.9%	25.5%
	26	26	34	83	27	46	50	116	109	64
PAT margin %	11.8%	11.8%	4.6%	9.1%	2.8%	4.6%	5.3%	10.6%	8.3%	5.1%
EPS (₹)	25.7	25.7	34	58.9	19.2	32.7	35.7	82.6	77.7	45.1
EPS adjusted (₹)	18.3	18.3	24.3	58.9	19.2	32.7	35.7	82.6	77.7	45.1
	0%	3.9%	5.9%	6.8%	20.8%	19.9%	19.6%	18.2%	16.1%	27.7%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	10	10	10	14	14	14	14	14	14	14
Reserves	334	414	446	522	544	584	625	732	820	866
	451	463	497	610	631	636	582	637	707	691
	292	260	433	398	241	114	187	229	148	108
Total equity & liabilities	1,088	1,147	1,386	1,544	1,430	1,348	1,409	1,611	1,689	1,680
	648	653	657	670	691	807	790	792	896	939
CWIP	8	2	2	7	15	1	2	5	40	30
Investments	0	0	0	0	0	0	0	0	0	0
	432	492	727	867	724	540	617	815	753	711
Total assets	1,088	1,147	1,386	1,544	1,430	1,348	1,409	1,611	1,689	1,680

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
SUGAR	1,091.05	84.68	1,208.4	36.39	1,172.01	7.23
DISTILLERY	297.92	33.98

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	29.5%	32.1%	25.2%	25.1%	29.9%	36%	31.6%	27.7%
EBITDA margin %	13.7%	16.9%	12%	12.5%	13.7%	19.4%	16%	11.8%
EBIT margin %	11.3%	14.9%	10%	10.4%	11.1%	17.1%	13.9%	9.4%
PAT margin %	4.6%	9.1%	2.8%	4.6%	5.3%	10.6%	8.3%	5.1%
Working capital
Receivable days	10	4	6	18	13	12	6	6
Inventory days	456	451	337	231	309	390	282	260
Payable days	244	184	85	19	58	79	25	9
NWC days	222	271	258	229	264	323	263	257
Leverage
Current ratio	0.88	1	0.95	0.94	1.04	1.08	1.19	1.25
Debt to EBITDA	4.91	3.94	5.51	5.11	4.45	2.99	3.35	4.7
Debt to equity	1.09	1.14	1.13	1.06	0.91	0.85	0.85	0.79
Interest coverage	2.5	2.9	1.8	2.7	3.5	5.8	4.8	3.4
Asset turnover	0.53	0.59	0.67	0.74	0.68	0.68	0.78	0.74
Return ratios
Return on assets %	2.5%	5.4%	1.9%	3.4%	3.6%	7.2%	6.5%	3.8%
Return on capital employed %	15.9%	22.6%	14.4%	14.6%	13.5%	22.4%	19.2%	11.1%
Return on equity %	7.5%	15.5%	4.9%	7.7%	7.9%	15.6%	13.1%	7.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%	61.02%
	0.22%	0.46%	0.49%	0.43%	0.43%	0.26%	0.16%	0.16%	0.15%	0.15%	0.18%	0.06%
	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	38.73%	38.51%	38.48%	38.54%	38.54%	38.71%	38.81%	38.81%	38.82%	38.82%	38.79%	38.91%
No. of shareholders	—	—	—	—	—	—	—	—	12,566	12,186	12,215	12,561

Promoter holding up 0 percentage points since Sep 2023.

2 deals · 30 Aug 2024 – 30 Aug 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
30 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	1,05,123	₹958.96	₹10.08 Cr
30 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	1,05,123	₹957.06	₹10.06 Cr

1–2 of 2

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Chandra Shekhar NopanyNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Yashwant Kumar DagaNon-Executive - Independent Director
Ms. Shashi SharmaNon-Executive - Independent Director
Mr. Padam Kumar KhaitanNon-Executive - Independent Director
Mr. Ishwari Prosad Singh RoyNon-Executive - Independent Director
Mr. Raj Kumar BagriNon-Executive - Independent Director
Mr. Rajan Arvind DalalNon-Executive - Independent Director
Ms. Shalini NopanyNon-Executive - Non Independent Director
Mr. Pankaj SinghExecutive Director
Mr. Rakesh KapoorNon - Executive Independent Director
Mr. Aditya BahetiChief Financial Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Magadh Sugar & Energy Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

10

Final dividend17 Jul 2026 · ex-date₹12.5
Final dividend18 Jul 2025 · ex-date₹12.5
Dividend dividend25 Jul 2024 · ex-date₹10
Special dividend25 Jul 2024 · ex-date₹5
Dividend dividend13 Jul 2023 · ex-date₹7
Dividend dividend13 Jul 2022 · ex-date₹6.5
Dividend dividend13 Aug 2021 · ex-date₹4
Final dividend14 Sept 2020 · ex-date₹4
Dividend dividend3 Jun 2019 · ex-date₹2
Dividend dividend14 Sept 2018 · ex-date₹1

1

Board meeting to consider results4 Aug 2026

1

Bonus 4:1027 Jun 2019 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

15 announcementsExport CSV

8 Jul 2026, 5:28 pmCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	29.5%	32.1%	25.2%	25.1%	29.9%	36%	31.6%	27.7%
EBITDA margin %	13.7%	16.9%	12%	12.5%	13.7%	19.4%	16%	11.8%
EBIT margin %	11.3%	14.9%	10%	10.4%	11.1%	17.1%	13.9%	9.4%
PAT margin %	4.6%	9.1%	2.8%	4.6%	5.3%	10.6%	8.3%	5.1%
Working capital
Receivable days	10	4	6	18	13	12	6	6
Inventory days	456	451	337	231	309	390	282	260
Payable days	244	184	85	19	58	79	25	9
NWC days	222	271	258	229	264	323	263	257
Leverage
Current ratio	0.88	1	0.95	0.94	1.04	1.08	1.19	1.25
Debt to EBITDA	4.91	3.94	5.51	5.11	4.45	2.99	3.35	4.7
Debt to equity	1.09	1.14	1.13	1.06	0.91	0.85	0.85	0.79
Interest coverage	2.5	2.9	1.8	2.7	3.5	5.8	4.8	3.4
Asset turnover	0.53	0.59	0.67	0.74	0.68	0.68	0.78	0.74
Return ratios
Return on assets %	2.5%	5.4%	1.9%	3.4%	3.6%	7.2%	6.5%	3.8%
Return on capital employed %	15.9%	22.6%	14.4%	14.6%	13.5%	22.4%	19.2%	11.1%
Return on equity %	7.5%	15.5%	4.9%	7.7%	7.9%	15.6%	13.1%	7.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Balrampur Chini Mills LimitedBALRAMCHINBALRAMCHIN	₹13,714 Cr	₹16,884 Cr	₹6,366 Cr	₹721 Cr	11.8%	₹371 Cr	6%	12%	9.5%	236
Triveni Engineering & Industries LimitedTRIVENITRIVENI	₹5,055 Cr	₹7,202 Cr	₹7,617 Cr	₹547 Cr	7.2%	₹281 Cr	3.5%	12.5%	8.3%	229
Bajaj Hindusthan Sugar LimitedBAJAJHINDBAJAJHIND	₹4,556 Cr	₹8,101 Cr	₹5,332 Cr	₹273 Cr	6.7%	₹116 Cr	2.3%	2%	3.2%	-58
Shree Renuka Sugars LimitedRENUKARENUKA	₹4,542 Cr	₹11,693 Cr	₹9,365 Cr	₹29 Cr	0.2%	₹-780 Cr	-8.6%	-10.6%	—	17
Bannari Amman Sugars LimitedBANARISUGBANARISUG	₹4,126 Cr	₹4,134 Cr	₹1,671 Cr	₹156 Cr	10.3%	₹122 Cr	7.7%	9%	8%	137
Dalmia Bharat Sugar And Industries LimitedDALMIASUGDALMIASUG	₹3,209 Cr	₹5,000 Cr	₹3,378 Cr	₹421 Cr	11.8%	₹240 Cr	6.5%	10.1%	7.7%	230
Avadh Sugar & Energy LimitedAVADHSUGARAVADHSUGAR	₹1,529 Cr	₹2,935 Cr	₹2,756 Cr	₹229 Cr	8.2%	₹66 Cr	2.1%	10.7%	5.2%	225
Dhampur Sugar Mills LimitedDHAMPURSUGDHAMPURSUG	₹1,100 Cr	₹1,979 Cr	₹2,853 Cr	₹182 Cr	6.2%	₹70 Cr	2.3%	9.3%	5.5%	183
Uttam Sugar Mills LimitedUTTAMSUGARUTTAMSUGAR	₹1,052 Cr	₹1,774 Cr	₹2,179 Cr	₹205 Cr	10.4%	₹87 Cr	4.6%	18.1%	12%	180
Zuari Industries LimitedZUARIINDZUARIIND	₹840 Cr	₹3,438 Cr	₹1,099 Cr	₹60 Cr	6.8%	₹109 Cr	10.1%	2.5%	2.5%	356
Dhampur Bio Organics LimitedDBOLDBOL	₹803 Cr	₹1,857 Cr	₹3,268 Cr	₹138 Cr	4.2%	₹84 Cr	0.8%	7.9%	2.5%	213
Dwarikesh Sugar Industries LimitedDWARKESHDWARKESH	₹778 Cr	₹1,111 Cr	₹1,355 Cr	₹57 Cr	6.2%	₹15 Cr	2.2%	5.9%	3.8%	235

Date	Category	Subject	Filing
8 Jul 2026, 5:28 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF
8 Jul 2026, 5:15 pm	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating	PDF
8 Jul 2026, 12:40 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Jul 2026, 9:36 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
7 Jul 2026, 9:27 pm	AGM/EGM AGM	Notice Of 12Th Annual Genral Meeting Of The Company For The Financial Year 2025-26	PDF
7 Jul 2026, 5:11 pm	Company Update General	Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015	PDF
4 Jul 2026, 10:15 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	89	21	41	-17	125	147	115	31	139	148
	-13	-24	-24	-36	-52	-106	-21	-43	-150	-78
	-75	3	-17	53	-73	-41	-94	12	10	-70
Net cash flow	0	-1	-0	0	-0	-0	-0	0	-0	0
Free cash flow	74	-4	13	-53	72	40	93	-17	-13	63
CFO / Operating profit %	146%	34.3%	40%	-10.7%	109.3%	118%	87.7%	14.6%	66.1%	100.9%

Magadh Sugar & Energy Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends10

Board meetings1

Bonus issues1

Announcements

Dividends10

Board meetings1

Bonus issues1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

CO-GENERATION · revenue

10

1

1

10

1

1