---
title: "Shree Mahaganga Sugar Mills Ltd (530835) — Share Price, Financials & Analysis"
symbol: "530835"
company: "Shree Mahaganga Sugar Mills Ltd"
canonical: "https://tapetide.com/stocks/530835"
isin: "INE793D01024"
bse_code: "530835"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T19:16:36.350Z"
---

# Shree Mahaganga Sugar Mills Ltd (530835)

Canonical page: https://tapetide.com/stocks/530835

## Company

- **BSE Code:** 530835
- **ISIN:** INE793D01024
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** shreemahaganga.com

## About

Shree Mahaganga Sugar Mills Limited engages in the investment and trade of shares and securities in India.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.08 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.23% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 60% | 22% | 13% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.77 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 |
| Operating Profit | -0.02 | -0.03 | -0.02 | -0.02 | -0.01 | -0.01 | -0.05 | -0.03 | -0.03 | -0.02 | -0.02 | -0.03 |
| OPM % | -2.67 | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | -0.07 | -0.94 | -3.49 | 0 | 0 | 0 | -0.07 | -0.04 | 0 | 0 | -0.04 | -2.7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.09 | -0.97 | -3.51 | -0.02 | -0.01 | -0.01 | -0.12 | -0.07 | -0.03 | -0.02 | -0.06 | -2.73 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.09 | -0.97 | -3.51 | -0.02 | -0.01 | -0.01 | -0.12 | -0.07 | -0.03 | -0.02 | -0.06 | -2.73 |
| EPS in Rs | -0.02 | -0.23 | -0.83 | 0 | 0 | 0 | -0.03 | -0.02 | -0.01 | 0 | -0.01 | -0.64 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.39 | 0 | 0 | 1.32 | 0 | 0 | 0 |
| Expenses | 0.65 | 0.26 | 0.26 | 1.34 | 0.03 | 0.03 | 0.1 |
| Operating Profit | -0.26 | -0.26 | -0.26 | -0.02 | -0.03 | -0.03 | -0.1 |
| OPM % | -66.67 | — | — | -1.52 | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -2.74 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0 | 0.02 | 0 |
| Profit before tax | -0.27 | -0.26 | -0.26 | -0.03 | -0.03 | -0.05 | -2.84 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.27 | -0.26 | -0.26 | -0.03 | -0.03 | -0.05 | -2.84 |
| EPS in Rs | -0.06 | -0.06 | -0.06 | -0.01 | -0.01 | -0.01 | -0.66 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.25 | 4.25 | 4.25 | 4.25 | 4.25 | 4.25 |
| Reserves | 12.42 | 12.16 | 11.9 | 11.87 | 11.84 | 11.31 |
| Borrowings | 2 | 2 | 2 | 2 | 2 | 2 |
| Other Liabilities | 0.06 | 0.06 | 0.03 | 0.03 | 0.04 | 0.05 |
| Total Liabilities | 18.73 | 18.47 | 18.18 | 18.15 | 18.13 | 17.61 |
| Fixed Assets | 0.64 | 0.64 | 0.64 | 0.63 | 0.63 | 0.13 |
| CWIP | 0.3 | 0.3 | 0.29 | 0.29 | 0.29 | 0.29 |
| Investments | 1.28 | 1.28 | 1.28 | 1.28 | 1.28 | 1.28 |
| Other Assets | 16.51 | 16.25 | 15.97 | 15.95 | 15.93 | 15.91 |
| Total Assets | 18.73 | 18.47 | 18.18 | 18.15 | 18.13 | 17.61 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -12.35 | — | -0.07 | — | -0.02 | -0.02 |
| Cash from Investing Activity | -1.15 | — | 0 | — | 0 | 0 |
| Cash from Financing Activity | 0 | — | 0 | — | 0 | 0 |
| Net Cash Flow | -13.5 | — | -0.07 | — | -0.02 | -0.02 |
| Free Cash Flow | -12.35 | — | -0.07 | — | -0.02 | -0.02 |
| CFO/OP | 4750 | — | 27 | — | 67 | 67 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 1450.64 | — | — | 793.6 | — | — |
| Inventory Days | — | — | — | 206.18 | — | — |
| Days Payable | — | — | — | 0 | — | — |
| Cash Conversion Cycle | 1450.64 | — | — | 999.78 | — | — |
| Working Capital Days | 13402.05 | — | — | 4332.99 | — | — |
| ROCE % | — | -1.4 | -1.42 | -0.17 | -0.17 | -0.28 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.89% | 58.89% | 59.27% | 63.28% | 68.2% | 64.86% | 66.65% | 66.72% | 66.71% | 66.8% |
| FIIs | 4.64% | 4.64% | 4.64% | 3.65% | 0% | 1.59% | 0.31% | 0.01% | 0.06% | 0% |
| DIIs | 6.59% | 0.03% | 0% | 0% | 0% | 3.23% | 3.53% | 0.58% | 0.67% | 0% |
| Government | 0% | 0% | 1.04% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.88% | 36.44% | 35% | 32.51% | 31.18% | 30.08% | 29.27% | 32.36% | 32.27% | 32.9% |
| Others | 0% | 0% | 0.06% | 0.57% | 0.62% | 0.24% | 0.25% | 0.33% | 0.3% | 0.3% |
| No. of Shareholders | 14178 | 17356 | 16071 | 14555 | 16151 | 29430 | 29377 | 35992 | 37960 | 37079 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.65% | 66.65% | 66.72% | 66.72% | 66.72% | 66.68% | 66.68% | 66.71% | 66.71% | 66.71% | 66.71% | 66.8% |
| FIIs | 0.31% | 0.01% | 0% | 0% | 0.01% | 0% | 0.5% | 0% | 0.06% | 0% | 0% | 0% |
| DIIs | 3.53% | 3.52% | 1.23% | 1.2% | 0.58% | 0.4% | 0.8% | 1.11% | 0.67% | 0.56% | 0.07% | 0% |
| Public | 29.27% | 29.58% | 31.8% | 31.77% | 32.36% | 32.66% | 31.77% | 31.88% | 32.27% | 32.44% | 32.92% | 32.9% |
| Others | 0.25% | 0.25% | 0.26% | 0.31% | 0.33% | 0.27% | 0.27% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| No. of Shareholders | 29377 | 32997 | 34248 | 34718 | 35992 | 35909 | 38819 | 39873 | 37960 | 36954 | 36933 | 37079 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 3 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.95 | Sell |
| EMA (10) | 4.14 | Sell |
| SMA (20) | 4.86 | Sell |
| EMA (20) | 5.11 | Sell |
| SMA (50) | 8.32 | Sell |
| EMA (50) | 7.74 | Sell |
| SMA (100) | 11.44 | Sell |
| EMA (100) | 11.23 | Sell |
| SMA (200) | 18.27 | Sell |
| EMA (200) | 16.87 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 15.23 | Buy |
| MACD (12,26,9) | -1.4 | Buy |
| Stochastic (14,3,3) | 9.44 | Buy |
| ADX (14) | 60.88 | Buy |
| Williams %R (14) | -98.19 | Buy |
| ATR (14) | 0.39 | High Volatility |
| ROC (12) | -27.2 | Sell |
| Stoch RSI (14) | 77.53 | Neutral |
| UO (7,14,28) | 30.05 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2 Mar - Agreement with Trident to set up 22,000 MTPA PCC plant; ~Rs.200 Crore revenue over ten years from FY2027-28. | [General Update 2 Mar - Agreement with Trident to set up 22,000 MTPA PCC plant; ~Rs.200 Crore revenue over ten years from FY2027-28.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/019d60e3-c6fa-40c7-b67e-73588d3616d5.pdf) |
| 2 Mar - Agreement with Trident to design, set up, operate PCC slurry facility in Barnala, Punjab. | [General Update 2 Mar - Agreement with Trident to design, set up, operate PCC slurry facility in Barnala, Punjab.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a005fb50-5894-48ab-b402-3e47b4af5be7.pdf) |
| 17 Feb - Transcript of Analyst/Investor Call held on February 12, 2026, for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 17 Feb - Transcript of Analyst/Investor Call held on February 12, 2026, for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5acc2be-ea9d-40a3-826b-67a697ef7bee.pdf) |
| 14 Feb - Newspaper Publication for Special Window for Transfer and Dematerialisation of Physical Securities. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication for Special Window for Transfer and Dematerialisation of Physical Securities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/466f20e3-1e6b-4312-bfcd-a6977f34ad15.pdf) |
| 12 Feb - Audio recording of Feb 12, 2026 earnings call for quarter and nine months ended Dec 31, 2025 available online. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 Feb - Audio recording of Feb 12, 2026 earnings call for quarter and nine months ended Dec 31, 2025 available online.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c757e489-dcc6-495b-a675-a327a4b0232e.pdf) |
| 11 Feb - Newspaper Publication of Unaudited Financial Statements for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Newspaper Publication of Unaudited Financial Statements for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44a5ed27-c691-4e17-8852-af0b71c135ea.pdf) |
| 11 Feb - 11 Feb 2026: JMD Aditi Pasari spoke with ET Now on latest financial results; no UPSI shared. | [Intimation Regarding Media Interaction With ET Now. 11 Feb - 11 Feb 2026: JMD Aditi Pasari spoke with ET Now on latest financial results; no UPSI shared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f44c1fb1-c5c5-42f0-9388-653e535ae2c4.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94dcd495-9a9b-48dd-8c93-0680267f2fa0.pdf) |
| — | [Notice Of Board Meeting Is To Be Schedule On December 15, 2017. 6 Dec 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c12a6bb1-0c3c-4759-8d2f-229c46ab8be9.pdf) |
| — | [Notice Of Board Meeting Is To Be Schedule On December 15, 2017. 6 Dec 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/12/c12a6bb1-0c3c-4759-8d2f-229c46ab8be9.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8899d40f-8187-41f1-89c5-695495558ccf.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72f4de08-5543-49d3-acc4-1b1e4f27cc76.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ac617b9-6523-4768-95d1-0b204eedaff5.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b39158d6-5ffe-453e-b85d-23e0457f3658.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09da81cc-1a91-4ead-9f23-7172112b0e01.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/873bd922-2eec-4d46-a2bb-12ab1161c8b6.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25200210-766f-4ecc-b5ba-f965e77ad8dd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9c093c4-2be3-4004-9cc4-2fe0b100088b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47aabe41-6161-4782-a960-814d52ad531b.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7cfc0bbd-17ed-4e55-9138-d7afcfe8a091.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/76045532457.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/69827532457.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/65046532457_17_10_20.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/5324570319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/5324570318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/5324570317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532457/5324570316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:36.350Z.