Mawana Sugars Limited (MAWANASUG) - Net Assets

Latest as of March 2026: Rs5.25 Billion INR ≈ $56.74 Million USD

Based on the latest financial reports, Mawana Sugars Limited (MAWANASUG) has net assets worth Rs5.25 Billion INR (≈ $56.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.23 Billion ≈ $121.41 Million USD) and total liabilities (Rs5.98 Billion ≈ $64.67 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Mawana Sugars Limited asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs5.25 Billion
% of Total Assets	46.74%
Annual Growth Rate	6.71%
5-Year Change	36.54%
10-Year Change	58.47%
Growth Volatility	36.33

Mawana Sugars Limited - Net Assets Trend (2003–2026)

This chart illustrates how Mawana Sugars Limited's net assets have evolved over time, based on quarterly financial data. Check Mawana Sugars Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Mawana Sugars Limited (2003–2026)

The table below shows the annual net assets of Mawana Sugars Limited from 2003 to 2026. For live valuation and market cap data, see MAWANASUG stock market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs5.25 Billion ≈ $56.74 Million	+6.66%
2025-03-31	Rs4.92 Billion ≈ $53.20 Million	+19.91%
2024-03-31	Rs4.10 Billion ≈ $44.37 Million	+6.75%
2023-03-31	Rs3.84 Billion ≈ $41.56 Million	+0.01%
2022-03-31	Rs3.84 Billion ≈ $41.56 Million	+3.94%
2021-03-31	Rs3.70 Billion ≈ $39.98 Million	+24.73%
2020-03-31	Rs2.96 Billion ≈ $32.05 Million	-22.23%
2019-03-31	Rs3.81 Billion ≈ $41.22 Million	+11.80%
2018-03-31	Rs3.41 Billion ≈ $36.87 Million	+2.97%
2017-03-31	Rs3.31 Billion ≈ $35.80 Million	+1392.31%
2016-03-31	Rs-256.19 Million ≈ $-2.77 Million	+93.39%
2015-03-31	Rs-3.87 Billion ≈ $-41.90 Million	-88.04%
2013-03-31	Rs-2.06 Billion ≈ $-22.28 Million	-478.54%
2012-03-31	Rs-356.11 Million ≈ $-3.85 Million	-122.59%
2011-03-31	Rs1.58 Billion ≈ $17.05 Million	-46.47%
2009-03-31	Rs2.95 Billion ≈ $31.86 Million	+5.74%
2008-03-31	Rs2.79 Billion ≈ $30.13 Million	+45.20%
2007-03-31	Rs1.92 Billion ≈ $20.75 Million	+0.52%
2006-03-31	Rs1.91 Billion ≈ $20.64 Million	+20.20%
2005-03-31	Rs1.59 Billion ≈ $17.17 Million	+2.41%
2004-03-31	Rs1.55 Billion ≈ $16.77 Million	+31.75%
2003-03-31	Rs1.18 Billion ≈ $12.73 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mawana Sugars Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 102720900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs391.20 Million	7.46%
Other Components	Rs4.86 Billion	92.54%
Total Equity	Rs5.25 Billion	100.00%

Mawana Sugars Limited Competitors by Market Cap

The table below lists competitors of Mawana Sugars Limited ranked by their market capitalization.

Company	Market Cap
Sea & Land Integrated Co TWO:5603	$47.42 Million
Airmate Cayman International Co Ltd TW:1626	$47.44 Million
eXoZymes, Inc. NASDAQ:EXOZ	$47.48 Million
Formet Celik Kapi Sanayi ve Ticaret AS IS:FORMT	$47.49 Million
Keum Kang Steel Co. Ltd KQ:053260	$47.40 Million
Optipharm.CO.LTD KQ:153710	$47.37 Million
Korea Parts & Fasteners Co.Ltd KQ:024880	$47.34 Million
Nirvana Daii Public Company Limited BK:NVD	$47.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mawana Sugars Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 4,919,300,000 to 5,246,700,000, a change of 327,400,000 (6.7%).
Net income of 370,900,000 contributed positively to equity growth.
Dividend payments of 39,100,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,133,400,000.
Other factors increased equity by 1,129,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs370.90 Million	+7.07%
Dividends Paid	Rs39.10 Million	-0.75%
Other Comprehensive Income	Rs-1.13 Billion	-21.6%
Other Changes	Rs1.13 Billion	+21.52%
Total Change	Rs-	6.66%

Book Value vs Market Value Analysis

This analysis compares Mawana Sugars Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.84x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.32x to 0.84x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-03-31	Rs347.23	Rs112.05	x
2004-03-31	Rs450.93	Rs112.05	x
2005-03-31	Rs379.95	Rs112.05	x
2006-03-31	Rs324.73	Rs112.05	x
2007-03-31	Rs104.75	Rs112.05	x
2008-03-31	Rs107.94	Rs112.05	x
2009-03-31	Rs96.16	Rs112.05	x
2011-03-31	Rs45.10	Rs112.05	x
2012-03-31	Rs-10.74	Rs112.05	x
2013-03-31	Rs-53.16	Rs112.05	x
2015-03-31	Rs-99.04	Rs112.05	x
2016-03-31	Rs-6.55	Rs112.05	x
2017-03-31	Rs84.61	Rs112.05	x
2018-03-31	Rs87.12	Rs112.05	x
2019-03-31	Rs97.40	Rs112.05	x
2020-03-31	Rs75.74	Rs112.05	x
2021-03-31	Rs94.51	Rs112.05	x
2022-03-31	Rs98.24	Rs112.05	x
2023-03-31	Rs98.25	Rs112.05	x
2024-03-31	Rs104.88	Rs112.05	x
2025-03-31	Rs125.75	Rs112.05	x
2026-03-31	Rs134.10	Rs112.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mawana Sugars Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 7.07%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.36%
• Asset Turnover: 1.40x
• Equity Multiplier: 2.14x
Recent ROE (7.07%) is above the historical average (0.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	-62.96%	-15.43%	0.77x	5.27x	Rs-858.57 Million
2004	-14.04%	-13.42%	0.51x	2.03x	Rs-372.67 Million
2005	0.12%	0.10%	0.65x	1.91x	Rs-156.87 Million
2006	21.04%	18.76%	0.90x	1.24x	Rs210.74 Million
2007	0.52%	0.44%	0.96x	1.22x	Rs-181.95 Million
2008	-60.37%	-15.28%	1.01x	3.91x	Rs-1.96 Billion
2009	-19.29%	-7.90%	0.62x	3.97x	Rs-862.75 Million
2011	-18.33%	-2.54%	0.86x	8.43x	Rs-446.74 Million
2012	0.00%	-12.68%	1.32x	0.00x	Rs-1.47 Billion
2013	0.00%	-12.60%	1.50x	0.00x	Rs-1.48 Billion
2015	0.00%	-12.95%	1.20x	0.00x	Rs-1.06 Billion
2016	0.00%	0.12%	0.94x	0.00x	Rs40.40 Million
2017	108.47%	30.14%	1.02x	3.51x	Rs3.26 Billion
2018	2.86%	0.73%	1.21x	3.24x	Rs-243.26 Million
2019	10.59%	3.48%	0.82x	3.70x	Rs22.47 Million
2020	-27.98%	-7.57%	0.74x	4.97x	Rs-1.13 Billion
2021	19.82%	5.23%	1.02x	3.73x	Rs363.01 Million
2022	6.81%	1.79%	1.39x	2.74x	Rs-122.77 Million
2023	3.42%	0.89%	1.43x	2.69x	Rs-253.01 Million
2024	9.18%	2.78%	1.15x	2.87x	Rs-33.74 Million
2025	22.24%	7.58%	1.32x	2.23x	Rs602.27 Million
2026	7.07%	2.36%	1.40x	2.14x	Rs-153.77 Million

Industry Comparison

This section compares Mawana Sugars Limited's net assets metrics with peer companies in the Confectioners industry.

Industry Context

Industry: Confectioners
Average net assets among peers: $3,702,657,538
Average return on equity (ROE) among peers: 22.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mawana Sugars Limited (MAWANASUG)	Rs5.25 Billion	-62.96%	1.14x	$47.40 Million
Avadh Sugar & Energy Limited (AVADHSUGAR)	$3.93 Billion	51.77%	4.66x	$115.04 Million
Bannari Amman Sugars Limited (BANARISUG)	$10.67 Billion	13.60%	1.25x	$471.60 Million
Dalmia Bharat Sugar and Industries Limited (DALMIASUG)	$6.95 Billion	26.22%	2.33x	$317.39 Million
DCM Shriram Industries Limited (DCMSRIND)	$3.66 Billion	33.35%	2.09x	$39.05 Million
Dhampur Sugar Mills Limited (DHAMPURSUG)	$1.01 Billion	87.09%	6.86x	$101.13 Million
Dharani Sugars&Chemicals Limited (DHARSUGAR)	$504.38 Million	19.94%	9.10x	$3.07 Million
Dwarikesh Sugar Industries Limited (DWARKESH)	$1.39 Billion	-17.78%	4.86x	$86.93 Million
KCP Sugar and Industries Corporation Limited (KCPSUGIND)	$2.89 Billion	-2.16%	1.34x	$26.62 Million
Kothari Sugars And Chemicals Limited (KOTARISUG)	$2.58 Billion	16.28%	0.68x	$22.71 Million
Magadh Sugar & Energy Limited (MAGADSUGAR)	$3.44 Billion	0.00%	2.16x	$75.28 Million

About Mawana Sugars Limited

NSE:MAWANASUG India Confectioners

Market Cap

$47.40 Million

Rs4.38 Billion INR

Market Cap Rank

#22072 Global

#1228 in India

Share Price

Rs112.05

Change (1 day)

-1.08%

52-Week Range

Rs76.81 - Rs119.30

All Time High

Rs152.84