What we do Mawana Sugars Limited is an Indian diversified company primarily engaged in sugar production, power generation, and distillery operations. It also has historical presence in chemicals and edible oils. |
Founded in 1,981 |
Market share Strong presence in India's sugar sector with leadership in Northern India; diversified product portfolio enhances market resilience. |
Problem solved Provides sustainable sugar production, renewable energy via cogeneration, and ethanol to meet energy and industrial raw material needs in India. |
Top clients or who we serve Serves sugar consumers, ethanol buyers including oil marketing companies, power sector, and agro-industries mainly in India; B2B and B2C segments. |
Key management Mr. Rakesh Kumar Gangwar, Managing Director since August 2024, leads with extensive industry experience. |
Our journey and innovations Started as Shriram Industrial Enterprises in 1981; expanded chem and sugar operations; acquired and restructured subsidiaries; ethanol and renewable energy advances. |
Where we operate Operations concentrated in India with plants in Uttar Pradesh and Punjab; footprint expanding via subsidiaries domestically. |
Top products or what we offer Sugar, power generated from bagasse cogeneration, ethanol from distillery operations; legacy brands include MAWANA sugar products. |
Top brands MAWANA sugar brand acquired in 2024; other offerings include bio-energy products; trusted legacy in northern India. |
Raw materials needed Sugarcane for sugar and ethanol production; bagasse for power generation; molasses for distillery ethanol. |
Raw materials supplier Primarily sourced from local sugarcane farmers and regional agricultural suppliers in Uttar Pradesh and adjacent states. |
Recurring vs cyclical contribution Revenue is largely cyclical, dependent on sugarcane harvest cycles and government regulations, with some recurring income through power and ethanol. |
Our industry position Among top sugar producers in India with diversified operations providing competitive moat in agro-based industries. |
Financial highlights FY 2024-25 revenue Rs. 1446.49 crore, net profit Rs. 109.42 crore; improving profitability and steady cash flow from diversified segments. |
Geographical revenue split 100% revenues derived from India. |
Order book - |
Whats driving growth Growth driven by steady sugar production, ethanol demand under government blending mandates, and renewable energy generation. |
Our future plans Focus on expanding ethanol capacity, enhancing power production, and consolidating subsidiaries to optimize operations. |
Our green promise Promotes renewable energy via cogeneration and ethanol, aligning with sustainability and cleaner fuel initiatives. |
Our people and values Committed to employee safety, ethical governance, and supporting farming communities; fostering inclusive culture. |
Key challenges ahead Volatile sugar prices, raw material supply fluctuations, regulatory changes, and climatic impacts on agriculture. |
Interesting facts Mawana Sugars has evolved through multiple restructurings and acquisitions, including a landmark brand acquisition in 2024. |
Risks and strategy Mitigates agricultural risks through farmer relations, hedges commodity price exposure, and diversifies product base strategically. |
