Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Magadh Sugar & Energy Ltd

MAGADSUGAR
Sugar

Magadh Sugar & Energy Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

Biggest watch item: the P/E sits at the 82nd percentile of its own range — the multiple has already done part of the work.

The price is in a downtrend (50 weeks in) while the P/E sits at the 82nd percentile of its own 9-year range. Underneath, the last four quarters read deteriorating — profit −31.9% year on year, and 110% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Price
₹500
−21.5% 1Y
P/E
11.0×
82nd pctile
of its own 9-year range
Revenue (Mar 26)
₹291 Cr
−18.0% YoY
Profit (Mar 26)
₹49.0 Cr
−31.9% YoY
Operating margin
27.0%
−5.0 pp YoY
ROCE
8%
FY26
ROIC
6.5%
vs WACC 12.0% → −5.5 pp
Cash conversion
110%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified. PEG is the exception: the quarterly curve is not drawn at all. PEG asks what is being paid for growth — both sides of that division come from the source that could not be checked, so it is withheld instead of marked.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Magadh Sugar & Energy Ltd trades at ₹500, in a downtrend and 50 weeks into that stage. That is +0.1% against its own 200-day average. It sits at 46% of a 52-week range of ₹427 to ₹585. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks.

Today the stock is in a downtrend — week 50 of stage 4, confirmed. At ₹500 it trades +0.1% versus its 200-day average and sits at 46% of its 52-week range (₹427–₹585).

Jul 26: ₹500 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+0.1% versus the 200-day line, week 50 of stage 4
Price50-day avg200-day avg
S2S2S4S4₹1,006₹830₹654₹477₹301₹500₹500Jul 23Apr 24Jan 25Oct 25Jul 26
S2S2S4S4₹1,006₹830₹654₹477₹301₹500₹500Jul 23Jan 25Jul 26
Beating or trailing, week by week since 2017 Each cell is one week from 2017 to now (472 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Jul 17Jul 26

Against the market, two honest reads. Cumulative: over the last 9.0 years the stock moved +146% while the NIFTY 500 moved +166% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 82nd percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Magadh Sugar & Energy Ltd trades at 11.0× P/E, at the pricey end of its own range (82nd percentile). Its long-run median P/E is 7.9×, measured across 8.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 11.0× is at the pricey end of its own range (82nd percentile), against a long-run median of 7.9× measured over 8.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 11.0× vs a 7.9× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 8.5-year window; loss-period spikes above 18× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (82nd percentile)
P/EMedianEPS (TTM) (quarterly)
18.9×₹89.914.2×₹67.49.5×₹45.04.8×₹22.50.0×₹0.0×11.00×₹45Feb 18Mar 20May 22Jul 24Jul 26
18.9×₹89.914.2×₹67.49.5×₹45.04.8×₹22.50.0×₹0.0×11.00×₹45Feb 18May 22Jul 26
P/E
11.0×
82nd percentile of 9y

Why the multiple sits where it does: over the past year annual EPS moved −42.0% against a −21.5% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 5y, of the +8.9%/yr price move, ~+18.4%/yr came from earnings growth and ~−9.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Magadh Sugar & Energy Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 3 curves, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
34%107%20%0.0%5.9%−111%−8.0%−221%−22%−330%%%−18%−31.9%−42%Jun 23Sep 24Mar 26
34%107%20%0.0%5.9%−111%−8.0%−221%−22%−330%%%−18%−31.9%−42%Jun 23Sep 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
16%14%12%9.5%7.4%%8%FY23FY24FY26
16%14%12%9.5%7.4%%8%FY23FY24FY26
Revenue growth
Falling
latest −18.0% · span −18.0% to +29.7%
Profit growth
Flat
latest −31.9% · span −100.0% to +77.3%
ROCE
Stuck low
latest 8.0% · span 8.0%–15.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Growth, year by year: revenue −5.8% in FY26, profit −41.3% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
26%161%18%100%9.1%38%0.5%−23%−8.2%−84%%%−5.8%−41.3%FY16FY21FY26
26%161%18%100%9.1%38%0.5%−23%−8.2%−84%%%−5.8%−41.3%FY16FY21FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (−5.9%) with the last 8 annualized (+6.5%).
revenue rolling over, profit rolling over
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
23%22%15%4.8%7.3%−12%−0.4%−30%−8.0%−47%%%−5.9%−41.3%Jun 23Sep 24Mar 26
23%22%15%4.8%7.3%−12%−0.4%−30%−8.0%−47%%%−5.9%−41.3%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−5.8%+9.3%+5.5%
Profit−41.3%+8.6%+18.8%
EPS−42.0%+8.1%+18.6%
Share price−21.5%+5.9%+8.9%
Revenue YoY (Mar 26)
−18.0%
latest quarter vs a year ago
Profit YoY (Mar 26)
−31.9%
latest quarter vs a year ago

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

34.5/100 — rank 18 of 20 in Sugar · 77% evidence confidence

Magadh Sugar & Energy Ltd scores 34.5 out of 100 against the 20 companies it is compared with in Sugar, ranking 18. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 6.2 + 10.9 + 10.5 + 6.9 = 34.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Magadh Sugar & Energy Ltd reported ₹291 Cr of revenue in the Mar 26 quarter, −18.0% year on year. The last full year, FY26, came in at ₹1,245 Cr. The last four reported quarters add to ₹1,244 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

Magadh Sugar & Energy Ltd reported ₹291 Cr of revenue in the Mar 26 quarter, −18.0% year on year. The last full year, FY26, came in at ₹1,245 Cr. The last four reported quarters add to ₹1,244 Cr. A multi-year compound rate is not shown because the annual history behind it is too short to compute one honestly.

FY26 revenue came in at ₹1,245 Cr (−5.8% on the year). The latest quarter (Mar 26) printed ₹291 Cr, −18.0% year on year.

FY26 revenue ₹1,245 Cr (−5.8% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
RevenueYoY growth
1.4k26%1.1k18%7149.1%3570.5%0−8.2%₹ Cr%₹1,245−5.8%FY16FY21FY26
1.4k26%1.1k18%7149.1%3570.5%0−8.2%₹ Cr%₹1,245−5.8%FY16FY21FY26
Mar 26: ₹291 Cr (−18.0% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
38834%29120%1945.9%97−8.0%0−22%₹ Cr%₹291−18%Jun 23Sep 24Mar 26
38834%29120%1945.9%97−8.0%0−22%₹ Cr%₹291−18%Jun 23Sep 24Mar 26

Acceleration check: trailing-twelve-month revenue grew −5.9% over the last 4 quarters against +6.5%/yr over the last 8 — rolling over; TTM profit −41.3% vs −26.0%/yr — rolling over.

→ Revenue slipped — did margins hold as it scaled? Next: 27.0% this quarter (−5.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Magadh Sugar & Energy Ltd's operating margin is 27.0% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged 9.0% to 24.0%. The current quarter is running above every full year in that window.

Magadh Sugar & Energy Ltd's operating margin is 27.0% in the Mar 26 quarter, −5.0 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged 9.0% to 24.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 27.0%, −5.0 pp against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged 9.0%–24.0%.

🚨 Why the margin moved: operating margin went −5.7 pp year on year while gross margin went −1.7 pp — the loss came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY26: 12.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 10-year window.
within a 9.0–24.0% band over 10 years
operating marginYoY change (pp)
25%6.6%21%0.8%17%−5.0%12%−11%7.8%−17%%%12%−4%FY17FY21FY26
25%6.6%21%0.8%17%−5.0%12%−11%7.8%−17%%%12%−4%FY17FY21FY26
Mar 26: 27.0% operating margin (−5.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
34%7.6%25%1.8%17%−4.0%7.5%−9.8%−1.5%−16%%%27%−5%Jun 23Sep 24Mar 26
34%7.6%25%1.8%17%−4.0%7.5%−9.8%−1.5%−16%%%27%−5%Jun 23Sep 24Mar 26

→ Margins slipped — did that reach the bottom line? Next: profit −31.9% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Magadh Sugar & Energy Ltd earned ₹49.0 Cr of net profit in the Mar 26 quarter, −31.9% year on year. Full-year FY26 profit was ₹64.0 Cr. That is 16.8% of the quarter's revenue. The same quarter a year earlier earned ₹72.0 Cr. 1 of the last 12 reported quarters were loss-making.

Magadh Sugar & Energy Ltd earned ₹49.0 Cr of net profit in the Mar 26 quarter, −31.9% year on year. Full-year FY26 profit was ₹64.0 Cr. That is 16.8% of the quarter's revenue. The same quarter a year earlier earned ₹72.0 Cr. 1 of the last 12 reported quarters were loss-making.

Mar 26 profit was ₹49.0 Cr, −31.9% year on year. On the full year, FY26 printed ₹64.0 Cr (−41.3%).

FY26 profit ₹64.0 Cr (−41.3% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
125161%94100%6338%31−23%0−84%₹ Cr%₹64−41.3%FY16FY21FY26
125161%94100%6338%31−23%0−84%₹ Cr%₹64−41.3%FY16FY21FY26
Mar 26: ₹49.0 Cr (−31.9% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
79107%550.0%31−111%7−221%−17−330%₹ Cr%₹49−31.9%Jun 23Sep 24Mar 26
79107%550.0%31−111%7−221%−17−330%₹ Cr%₹49−31.9%Jun 23Sep 24Mar 26

🚨 Why profit moved: revenue contributed −18.0% and the margin −5.0 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit −103.2% vs revenue −5.3%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

→ Profit rose — but did the cash follow? Next: 110% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 110% of Magadh Sugar & Energy Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹148 Cr of operating cash against ₹64.0 Cr of profit. After ₹63.0 Cr of capital spending, ₹85.0 Cr was left as free cash.

FY26: operating cash of ₹148 Cr against reported profit of ₹64.0 Cr, leaving free cash of ₹85.0 Cr after ₹63.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 110% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹148 Cr vs profit ₹64.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution. FY17 reflects an acquisition year — point shown clipped.
110% of 3-year profit arrived as cash
Operating cashNet profitFree cash
16410648−11−69₹ Cr₹148₹64₹85FY16FY21FY26
16410648−11−69₹ Cr₹148₹64₹85FY16FY21FY26
FY26: CFO = 231% of profit (three-year rate 110%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
326%233%140%47%−46%%231%FY16FY21FY26
326%233%140%47%−46%%231%FY16FY21FY26

Why conversion sits at 110%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle.

Router verdict: the bigger cash user is investment — capital spending ran 3.2× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹259 Cr of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Magadh Sugar & Energy Ltd's cash conversion cycle runs 257 days in FY26, down from 258 days in FY21. Capital spending ran ₹259 Cr over the last 3 years. At FY26 sales of ₹1,245 Cr each day of that cycle holds about ₹3.4 Cr, so roughly ₹877 Cr sits inside the business at any moment.

FY26: debtors at 6 days, inventory at 260 days — roughly 8.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 257 days, tighter than FY21's 258.

The full loop: cash goes out to suppliers and production on day 0; stock waits 260 days to sell; customers pay about 6 days after that; and suppliers themselves are paid at 9 days — netting out to the 257-day cycle.

In money terms: at FY26 sales of ₹1,245 Cr, each day of the cycle holds about ₹3.4 Cr — so the 257-day loop keeps roughly ₹877 Cr sitting inside the business at any moment.

FY26: a 257-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 10-year window.
−1 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
49236123099−32days257d260d6d9dFY17FY19FY21FY23FY26
49236123099−32days257d260d6d9dFY17FY21FY26

On the investment side: capital spending of ₹259 Cr over the last 3 fiscal years against ₹82.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹30.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹63.0 Cr, work-in-progress ₹30.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
7245433621810₹ Cr₹63₹30FY16FY18FY21FY23FY26
7245433621810₹ Cr₹63₹30FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 8% and the ROIC − WACC spread is −5.5 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified

Magadh Sugar & Energy Ltd earns a ROCE of 8% in FY26. That is up from a trough of −25% in FY16. Return on invested capital clears the cost of that capital by −5.5 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 5.1% net margin on 0.74× asset turns.

FY26 ROCE is 8%, recovered from a FY16 trough of −25% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY26): 5.1% net margin × 0.74× asset turns × 1.91× balance-sheet leverage ≈ 7.2% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 6.5% − 12.0% = a −5.5 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY26: ROCE 8% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 11-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY16's −25%
ROCEROIC (annual)WACC
38%21%4.0%−13%−30%%8%5.6%FY16FY21FY26
38%21%4.0%−13%−30%%8%5.6%FY16FY21FY26
Q4 FY26: ROCE 10.4% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
23%17%11%4.2%−2.2%%10.4%2.6%Q1 FY24Q2 FY25Q4 FY26
23%17%11%4.2%−2.2%%10.4%2.6%Q1 FY24Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.79.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified

Magadh Sugar & Energy Ltd carries total debt of ₹691 Cr against shareholder equity of ₹880 Cr as of Mar 26, a debt-to-equity of 0.79. On the annual view that ratio went from 1.07 in FY22 to 0.79 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹691 Cr against shareholder equity of ₹880 Cr — a debt-to-equity of 0.79. On the annual view, debt-to-equity went from 1.07 (FY22) to 0.79 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹691 Cr at 0.79× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
7641.09×5731.01×3820.93×1910.85×00.77×₹ Cr×₹6910.79×FY22FY24FY26
7641.09×5731.01×3820.93×1910.85×00.77×₹ Cr×₹6910.79×FY22FY24FY26
Mar 26: debt ₹691 Cr, debt-to-equity 0.79 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
7641.0×5730.8×3820.6×1910.4×00.3×₹ Cr×₹6910.79×Jun 23Sep 24Mar 26
7641.0×5730.8×3820.6×1910.4×00.3×₹ Cr×₹6910.79×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: the register is quiet.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Magadh Sugar & Energy Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.0 points over the same window, to 61.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: −0.4 points over 8 quarters to 0.1%; Promoters: +0.0 points over 8 quarters to 61.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
66%48%31%13%−4.9%%61.0%0.2%0.0%38.8%Mar 24Mar 25Mar 26
66%48%31%13%−4.9%%61.0%0.2%0.0%38.8%Mar 24Mar 25Mar 26
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
66%48%31%13%−4.9%%61.0%0.1%0.0%38.9%Jun 23Dec 24Jun 26
66%48%31%13%−4.9%%61.0%0.1%0.0%38.9%Jun 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Magadh Sugar & Energy Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Sugar Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Magadh Sugar & Energy Ltd this page11.0×₹696 CrNo read
DCM Shriram Ltd18.5×₹15,685 CrImproving
EID Parry (India) Ltd20.6×₹13,489 CrMixed
Balrampur Chini Mills Ltd34.1×₹12,890 CrMixed
Triveni Engineering and Industries Ltd19.6×₹5,480 CrNo read
Shree Renuka Sugars Ltd₹4,732 CrNo read
Bannari Amman Sugars Ltd29.7×₹4,391 CrMixed
Bajaj Hindusthan Sugar Ltd29.4×₹4,133 CrNo read
Dalmia Bharat Sugar & Industries Ltd12.7×₹2,930 CrMixed
M.V.K. Agro Food Product Ltd42.0×₹1,958 Cr
Godavari Biorefineries Ltd42.4×₹1,427 CrNo read
Andhra Sugars Ltd11.7×₹1,170 CrMixed
Avadh Sugar & Energy Ltd16.8×₹1,052 CrNo read
Dhampur Sugar Mills Ltd14.0×₹914 CrNo read
Uttam Sugar Mills Ltd8.6×₹871 CrNo read
Dwarikesh Sugar Industries Ltd₹803 CrNo read
Zuari Industries Ltd6.6×₹765 CrNo read
Dhampur Bio Organics Ltd26.5×₹678 CrNo read
Davangere Sugar Company Ltd58.6×₹499 CrMixed
DCM Shriram Industries Ltd8.2×₹498 CrDeteriorating
12 · Frequently asked questions

Frequently asked questions

What is Magadh Sugar & Energy Ltd's share price today?

Magadh Sugar & Energy Ltd trades at ₹500, −21.5% over the past year. The company is valued at ₹696 Cr. The stock sits at 46% of its 52-week range of ₹427–₹585, +0.1% versus its 200-day average. On the tape, the price is in a downtrend, 50 weeks in. — as of 24 July 2026.

What were Magadh Sugar & Energy Ltd's latest quarterly results?

Magadh Sugar & Energy Ltd reported revenue of ₹291 Cr and net profit of ₹49.0 Cr for the Mar 26 quarter. Revenue fell 18.0% and profit fell 31.9% year on year. Earnings per share were ₹34.45. The operating margin was 27.0%, 5.0 pp lower than a year earlier. — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's revenue?

Magadh Sugar & Energy Ltd reported revenue of ₹291 Cr in the Mar 26 quarter, −18.0% year on year. For the full FY26 fiscal year, revenue was ₹1,245 Cr (−5.8%). — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's profit?

Magadh Sugar & Energy Ltd earned ₹49.0 Cr of net profit in the Mar 26 quarter, −31.9% year on year. Full-year FY26 profit was ₹64.0 Cr. The operating margin ran 27.0% in the latest quarter. — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's market cap?

Magadh Sugar & Energy Ltd's market capitalisation is ₹696 Cr at a share price of ₹500. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's P/E ratio?

Magadh Sugar & Energy Ltd trades at a P/E of 11.0×, at the 82nd percentile of its own 9-year range, against a long-run median of 7.9×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Magadh Sugar & Energy Ltd pay a dividend?

Yes — Magadh Sugar & Energy Ltd's dividend payout was 28% of profit in FY26, and it recorded a payout in 10 of its last 11 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd overvalued?

On its own history, Magadh Sugar & Energy Ltd looks expensive against its own history: its P/E of 11.0× sits at the 82nd percentile of its 9-year range (long-run median 7.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd growing?

Not right now — Magadh Sugar & Energy Ltd's latest numbers are shrinking: latest-quarter revenue −18.0% year on year, profit −31.9%, and the margin −5.0 pp at 27.0%. The earnings engine currently reads: deteriorating — as of 24 July 2026.

How is Magadh Sugar & Energy Ltd performing?

Magadh Sugar & Energy Ltd is in a downtrend, 50 weeks in. Its latest quarter's revenue fell 18.0% and profit fell 31.9% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd in an uptrend?

No — the price is in a downtrend (week 50 of stage 4), trading +0.1% versus its 200-day average and at 46% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd beating the market?

On recent form, yes — Magadh Sugar & Energy Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 9.0 years the stock moved +146% against the NIFTY 500's +166% — behind the index over the full window. — as of 24 July 2026.

Will Magadh Sugar & Energy Ltd's share price go up?

This page publishes no price forecast for Magadh Sugar & Energy Ltd. What it measures instead: the share price is ₹500, the price is in a downtrend 50 weeks in. Its P/E of 11.0× sits at the 82nd percentile of its own 9-year range. — as of 24 July 2026.

Who owns Magadh Sugar & Energy Ltd?

Promoters hold 61.0% of Magadh Sugar & Energy Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 38.9% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.

Does Magadh Sugar & Energy Ltd have too much debt?

It is moderate — Magadh Sugar & Energy Ltd's debt-to-equity is 0.79, and operating profit covers the interest bill 4×. FY26 borrowings were ₹691 Cr against equity of ₹880 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's capex?

Magadh Sugar & Energy Ltd spent ₹259 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹63.0 Cr, with ₹30.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Magadh Sugar & Energy Ltd's cash flow?

Magadh Sugar & Energy Ltd generated ₹148 Cr of operating cash flow in FY26 and ₹85.0 Cr of free cash flow after ₹63.0 Cr of capital spending. Reported profit that year was ₹64.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd's profit real cash?

Yes — over the last 3 fiscal years, 110% of Magadh Sugar & Energy Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹148 Cr against reported profit of ₹64.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is Magadh Sugar & Energy Ltd in its business cycle?

Magadh Sugar & Energy Ltd's FY26 operating margin was 12.0%, against a 10-year band of 9.0%–24.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 27.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Magadh Sugar & Energy Ltd story?

Biggest watch item: the P/E sits at the 82nd percentile of its own range — the multiple has already done part of the work. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Magadh Sugar & Energy Ltd a stock worth studying right now?

This is not investment advice. The machine read: Magadh Sugar & Energy Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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