Mawana Sugars FY26 net profit falls to ₹37.09 crore
Mawana Sugars Limited reported a 66% decline in consolidated net profit to ₹37.09 crore for FY26, despite revenue from operations rising to ₹1,570.94 crore. The Board approved the audited financial results on May 23, 2026, and the company published the results in Business Standard on May 25, 2026, to comply with Regulation 47 of SEBI LODR Regulations. The Board also scheduled the 62nd AGM for July 4, 2026, deferred dividend consideration, and extended the timeline for land transfer permissions in Gurugram.

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Mawana Sugars Limited reported a consolidated net profit of ₹37.09 crore for the financial year ended March 31, 2026, a decline from ₹109.42 crore in the previous year. Revenue from operations increased to ₹1,570.94 crore from ₹1,446.49 crore in FY25. The Board of Directors approved the audited standalone and consolidated financial results during its meeting held on May 23, 2026. The company has published these audited financial results in Business Standard on May 25, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
The company's standalone net profit for the year stood at ₹36.72 crore, with revenue from operations at ₹1,567.49 crore. For the quarter ended March 31, 2026, the consolidated net profit was ₹62.83 crore, compared to ₹61.67 crore in the same period last year, while revenue from operations grew to ₹375.92 crore from ₹347.96 crore. Standalone net profit for the quarter was ₹62.98 crore, with revenue at ₹374.23 crore.
Financial Performance
The financial results reflected the impact of exceptional items and tax adjustments. For the full year, exceptional items included a net expense of ₹5.52 crore in the consolidated results. The total tax expense for the year was ₹12.70 crore. Earnings per share (EPS) for the year on a consolidated basis was ₹9.48, down from ₹27.97 in the previous year.
| Metric | Consolidated FY26 (₹ crore) | Consolidated FY25 (₹ crore) | Standalone FY26 (₹ crore) | Standalone FY25 (₹ crore) |
|---|---|---|---|---|
| Revenue from Operations | 1,570.94 | 1,446.49 | 1,567.49 | 1,455.02 |
| Total Income | 1,574.66 | 1,455.63 | 1,567.49 | 1,455.02 |
| Total Expenses | 1,519.35 | 1,387.52 | 1,512.85 | 1,385.07 |
| Net Profit | 37.09 | 109.42 | 36.72 | 71.40 |
Segment Performance
The company operates across three segments: Sugar, Power, and Distillery. For the year ended March 31, 2026, the Sugar segment reported revenue of ₹1,638.72 crore, while the Power and Distillery segments recorded revenues of ₹252.89 crore and ₹218.57 crore respectively. Inter-segment revenue of ₹539.24 crore was deducted to arrive at the total revenue from operations.
Board Decisions
The Board approved the re-appointment of M/s Bahadur Murao & Co. as Cost Auditors and M/s TRC Corporate Consulting Private Limited as Internal Auditors for the financial year 2026-27. Additionally, the Board scheduled the 62nd Annual General Meeting for July 4, 2026, to be held via Video Conferencing. The consideration of dividend was deferred and will be taken up at a subsequent board meeting.
The Board also accepted a request to extend the timeline for obtaining transfer permission for the purchase of land in Gurugram from Usha International Limited. The time for obtaining permission from Haryana Sahri Vikash Pradhikaran (HSVP) was extended by six months starting May 2026.
Historical Stock Returns for Mawana Sugars
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.02% | -5.37% | -7.07% | +17.95% | -0.85% | +90.19% |
What factors drove the significant divergence between rising revenue and declining net profit margins?
When will the Board reconvene to decide on the dividend distribution for FY26?
How will the extended timeline for the Gurugram land transfer impact the company's expansion plans?


































