Mawana Sugars reported a profit of INR 62.98 crore in FY26, but the decision on dividends has been postponed. The company will present the Q4 results and make a final announcement during their AGM on July 4, 2026.
Mawana Sugars Limited
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Mawana Sugars Ltd has requested to withdraw their CARE long-term bank facility rating of BBB+ (Stable). However, the company's ICRA rating for working capital facilities worth INR 500 crore remains unchanged at BBB+ (Stable)/A2, reflecting an improvement in financial performance.
On May 23, 2026, Mawana Sugars will discuss and announce their FY26 financial results and dividend proposal. The trading window for the company's securities will be closed from May 23 to May 25, following the announcement.
ICRA has maintained Mawana Sugars' rating at BBB with a stable outlook, indicating the company's strong ability to repay its ₹500 crore working capital debt. This reassurance highlights the sugar manufacturer's solid financial position.
Mawana Sugars has temporarily stopped sugar crushing activities at the Nanglamal Complex for the 2025-26 season, indicating a pause in operations during this period.
Mawana Sugars has ceased sugarcane crushing operations at its Nangalmal complex for the upcoming season, as announced in a recent SEBI filing.
Mawana Sugars has completed its 2025-26 sugarcane crushing operations at the Nanglamal plant, as confirmed by the company's announcement adhering to SEBI guidelines.