Magadh Sugar & Energy Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Sugar: 74.6% • Distillery: 20.4% • Co-generation: 5.1%
AI Sector View
AI GENERATEDFast Moving Consumer Goods
Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.10x)
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 45.1% versus prior year
- Company has a low return on capital employed of 11.7%
- Valuation is stretched - P/E of 15.5 is well above its own 5-year median (7.7)
- Company has delivered a poor sales growth of 5.5% over past five years
- Growth is decelerating - 3Y profit CAGR (8.1%) trails the 5Y trend (18.6%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BALRAMCHIN | 699.20 | 39.87 | 14794.90 | 0.50 | 44.15 | -14.40 | 1636.79 | 6.13 | 9.29 | 7.36 |
| EIDPARRY | 756.00 | 28.94 | 13453.45 | 0.00 | 311.50 | -32.93 | 9017.52 | 3.37 | 23.60 | 8.33 |
| TRIVENI | 268.90 | 21.08 | 5925.56 | 1.02 | 3.65 | 73.81 | 1950.14 | -0.22 | 8.92 | 2.94 |
| RENUKA | 24.36 | 0.00 | 5185.00 | 0.00 | -251.50 | 4.59 | 2120.20 | 5.61 | -3.84 | -3.60 |
| BAJAJHIND | 21.37 | 44.14 | 5108.85 | 0.00 | -1847.00 | -961.49 | 11259.70 | 801.92 | 2.86 | -10.64 |
| BANARISUG | 3682.15 | 37.92 | 4617.31 | 0.34 | -10.92 | -171.57 | 172.45 | -58.81 | 9.33 | -3.00 |
| DALMIASUG | 432.85 | 14.80 | 3503.46 | 1.39 | 6.91 | — | 848.19 | -16.48 | 8.38 | 5.10 |
| AVADHSUGAR | 821.70 | 24.94 | 1644.91 | 1.22 | 2.34 | 127.81 | 7792.51 | 987.42 | 6.50 | 4.68 |
| GODAVARIB | 238.95 | 5434.89 | 1222.85 | 0.00 | -19.32 | -20.62 | 557.88 | 4.62 | 5.79 | 0.09 |
| DHAMPURSUG | 170.85 | 15.63 | 1098.68 | 1.17 | 60.90 | 6592.31 | 7861.70 | 961.42 | 6.63 | 3.98 |
| UTTAMSUGAR | 282.65 | 12.40 | 1077.97 | 0.88 | 1.30 | -91.05 | 606.37 | -3.56 | 11.62 | 4.32 |
| MAGADSUGAR | 560.05 | 15.45 | 789.20 | 2.23 | -12.22 | -5653.64 | 310.54 | -6.76 | 7.76 | 0.23 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 301 | 289 | 219 | 288 | 359 | 324 | 284 | 355 | 333 | 324 | 296 | 291 | 311 | |
| 263 | 256 | 157 | 208 | 324 | 303 | 245 | 240 | 314 | 323 | 248 | 213 | 328 | |
| Operating Profit | 38 | 33 | 61 | 80 | 35 | 21 | 39 | 115 | 19 | 2 | 48 | 78 | -17 |
| OPM % | 12.69% | 11.47% | 28.06% | 27.91% | 9.81% | 6.44% | 13.85% | 32.49% | 5.73% | 0.55% | 16.28% | 26.82% | -5.49% |
| 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | -1 | 3 | 1 | |
| Interest | 11 | 7 | 4 | 11 | 13 | 7 | 5 | 13 | 12 | 8 | 5 | 10 | 10 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 7 | 8 |
| Profit before Tax | 21 | 21 | 52 | 63 | 16 | 7 | 28 | 96 | 0 | -14 | 35 | 64 | -16 |
| Tax % | 25.22% | 26.58% | 25.36% | 25.75% | 28.11% | 27.53% | 25.21% | 25.67% | 15.38% | 24.34% | 28.20% | 23.81% | 25.05% |
| Net Profit | 16 | 15 | 39 | 47 | 11 | 5 | 21 | 72 | 0 | -10 | 25 | 49 | -12 |
| 11.03 | 10.70 | 27.61 | 33.27 | 8.11 | 3.81 | 15.00 | 50.75 | 0.16 | -7.35 | 17.80 | 34.46 | -8.67 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 681 | 717 | 739 | 916 | 952 | 995 | 953 | 1,097 | 1,322 | 1,245 | 1,222 | |
| 520 | 654 | 638 | 761 | 837 | 871 | 823 | 884 | 1,111 | 1,097 | 1,111 | |
| Operating Profit | 160 | 63 | 101 | 155 | 115 | 124 | 131 | 212 | 211 | 147 | 111 |
| OPM % | 23.56% | 8.80% | 13.68% | 16.89% | 12.03% | 12.45% | 13.71% | 19.35% | 15.95% | 11.81% | 9.08% |
| 2 | 9 | 6 | 19 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | |
| Interest | 41 | 43 | 35 | 48 | 55 | 40 | 30 | 33 | 38 | 36 | 33 |
| Depreciation | 20 | 19 | 18 | 18 | 19 | 21 | 25 | 25 | 27 | 30 | 30 |
| Profit before Tax | 102 | 10 | 54 | 108 | 42 | 66 | 77 | 157 | 148 | 85 | 69 |
| Tax % | 43.08% | -145.19% | 36.48% | 22.86% | 36.00% | 30.75% | 34.80% | 25.66% | 25.94% | 25.49% | 25.64% |
| Net Profit | 58 | 25 | 34 | 83 | 27 | 46 | 50 | 116 | 109 | 64 | 51 |
| EPS | 0.00 | 0.00 | 0.00 | 58.93 | 19.22 | 32.66 | 35.67 | 82.61 | 77.67 | 45.07 | — |
| Dividend Payout % | 3.48% | 4.04% | 5.88% | 6.79% | 20.81% | 19.90% | 19.63% | 18.16% | 16.09% | 27.74% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 6%
- 3 Years:
- 9%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 19%
- 3 Years:
- 8%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 14%
- 3 Years:
- -6%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 11%
- 3 Years:
- 13%
- Last Year:
- 7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 391 | 414 | 446 | 522 | 544 | 584 | 625 | 732 | 820 | 866 | |
| 470 | 525 | 539 | 643 | 632 | 637 | 583 | 586 | 653 | 611 | |
| Trade Payables | 105 | 170 | 348 | 313 | 165 | 39 | 106 | 152 | 63 | 21 |
| 135 | 50 | 71 | 79 | 110 | 89 | 102 | 163 | 170 | 186 | |
| Total Liabilities | 1,111 | 1,168 | 1,415 | 1,571 | 1,466 | 1,363 | 1,430 | 1,647 | 1,720 | 1,699 |
| 649 | 653 | 657 | 670 | 691 | 807 | 790 | 792 | 896 | 939 | |
| Capital Work in Progress | 1 | 2 | 2 | 7 | 15 | 1 | 2 | 5 | 40 | 30 |
| 427 | 454 | 651 | 770 | 658 | 471 | 565 | 750 | 700 | 641 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 | 22 | 20 | |
| Cash & Bank | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| 32 | 58 | 105 | 123 | 102 | 84 | 73 | 64 | 61 | 68 | |
| Total Assets | 1,111 | 1,168 | 1,415 | 1,571 | 1,466 | 1,363 | 1,430 | 1,647 | 1,720 | 1,699 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 89 | 44 | 48 | 1 | 134 | 157 | 129 | 31 | 139 | 148 | |
| Cash from Investing | -13 | -24 | -24 | -36 | -52 | -106 | -21 | -43 | -150 | -78 |
| Cash from Financing | -75 | 3 | -17 | 53 | -73 | -41 | -94 | 12 | 10 | -70 |
| 0 | -1 | -0 | 0 | -0 | -0 | -0 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-26 - Magadh Sugar & Energy Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-25 - Magadh Sugar & Energy Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-24 - Magadh Sugar & Energy Limited has informed the Exchange regarding Notice of Postal Ballot
2026-08-05 - Magadh Sugar & Energy Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-04 - Magadh Sugar & Energy Limited has informed the Exchange about Investor Presentation
2026-08-04 - Magadh Sugar & Energy Limited has informed the Exchange regarding a press release dated August 04, 2026, titled "Quarterly Earnings Release Q1 FY27".
2026-08-04 - Magadh Sugar & Energy Limited has informed the Exchange regarding Change in Director(s) of the company.
2026-08-04 - Magadh Sugar & Energy Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29 - Magadh Sugar & Energy Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 29, 2026. Further, the company has informed the Exchange regarding voting results.
News
Recent coverage and analyst commentary for MAGADSUGAR
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Magadh Sugar & Energy Ltd.
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