---
title: "Naraingarh Sugar Mills Ltd (1269826) — Share Price, Financials & Analysis"
symbol: "1269826"
company: "Naraingarh Sugar Mills Ltd"
canonical: "https://tapetide.com/stocks/1269826"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:37:40.602Z"
---

# Naraingarh Sugar Mills Ltd (1269826)

Canonical page: https://tapetide.com/stocks/1269826

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 1997-05-06
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Naraingarh Sugar Mills is engaged in manufacturing & sales of sugar and its by products and generation and distribution of power.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.14% over past five years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -86% | -3% | -29% |
| revenue growth | 3% | 2% | -7% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2016 | Dec 2016 | Jun 2017 | Mar 2018 | Jun 2018 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 48 | 39 | 78 | 88 | 45 | 124 | 46 | 9 | 37 | 137 | 20 |
| Expenses | 7 | 43 | 37 | 82 | 87 | 44 | 89 | 48 | 12 | 39 | 110 | 21 |
| Operating Profit | -3 | 4 | 2 | -4 | 2 | 1 | 34 | -2 | -3 | -2 | 27 | -1 |
| OPM % | -94 | 9 | 5 | -5 | 1.7 | 1.9 | 28 | -4.8 | -33 | -4.4 | 19 | -5 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 | 5 | 7 | 8 | 9 | 9 | 9 | 11 | 10 | 10 |
| Depreciation | 0 | 1 | 1 | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -4 | 2 | 1 | -13 | -8 | -10 | 24 | -14 | -14 | -15 | 15 | -13 |
| Tax % | 0 | 0 | 0 | -90 | 0 | 0 | -16 | 0 | 0 | 0 | -50 | 0 |
| Net Profit | -4 | 2 | 1 | -1 | -8 | -10 | 28 | -14 | -14 | -15 | 22 | -13 |
| EPS in Rs | -1.95 | 1.11 | 0.27 | -0.63 | -3.9 | -5 | 13.68 | -6.65 | -7.08 | -7.36 | 10.84 | -6.21 |

### Profit & Loss

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 169 | 189 | 172 | 332 | 215 | 217 | 206 | 222 | 229 | 202 |
| Expenses | 172 | 173 | 181 | 313 | 215 | 208 | 184 | 194 | 209 | 181 |
| Operating Profit | -3 | 16 | -9 | 19 | 0 | 9 | 23 | 28 | 20 | 21 |
| OPM % | -1.7 | 8 | -5 | 6 | 0.1 | 4.1 | 11 | 13 | 9 | 10 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 |
| Interest | 0 | 3 | 8 | 24 | 26 | 29 | 30 | 34 | 39 | 40 |
| Depreciation | 2 | 2 | 5 | 14 | 13 | 12 | 11 | 10 | 9 | 9 |
| Profit before tax | -5 | 11 | -23 | -19 | -38 | -31 | -11 | -15 | -28 | -27 |
| Tax % | 0 | 8 | -51 | -41 | -47 | -39 | -26 | -26 | -26 | — |
| Net Profit | -5 | 10 | -11 | -11 | -20 | -19 | -8 | -11 | -21 | -20 |
| EPS in Rs | -2.42 | 5.09 | -5.46 | -5.65 | -9.85 | -9.41 | -4.07 | -5.5 | -10.25 | -9.81 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 7 | 2 | 11 | -44 | -54 | -74 | -93 | -104 | -115 | -134 |
| Borrowings | 100 | 141 | 178 | 188 | 181 | 172 | 128 | 121 | 114 | 105 |
| Other Liabilities | 186 | 157 | 130 | 232 | 252 | 282 | 381 | 401 | 428 | 408 |
| Total Liabilities | 311 | 319 | 338 | 395 | 398 | 399 | 434 | 437 | 446 | 398 |
| Fixed Assets | 52 | 50 | 48 | 201 | 187 | 174 | 162 | 152 | 142 | 133 |
| CWIP | 78 | 80 | 85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 182 | 188 | 205 | 194 | 212 | 225 | 272 | 286 | 304 | 265 |
| Total Assets | 311 | 319 | 338 | 395 | 398 | 399 | 434 | 437 | 446 | 398 |

### Cash Flow

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

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 26 | -27 | -15 | 18 | 66 | -65 | 13 | 7 | 17 | 2 |
| Cash from Investing Activity | -88 | -15 | -18 | -28 | 1 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 55 | 44 | 32 | 10 | -38 | 41 | -17 | -5 | -9 | -10 |
| Net Cash Flow | -7 | 2 | -2 | 0 | 28 | -24 | -4 | 2 | 8 | -9 |
| Free Cash Flow | -53 | -30 | -20 | -55 | 65 | -65 | 13 | 7 | 17 | 2 |
| CFO/OP | -152 | 953 | -98 | -220 | 354 | -34263 | 148 | 32 | 60 | 9 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 75 | 51 | 75 | 130 | 81 | 138 | 148 | 158 | 142 | 133 |
| Inventory Days | 179 | 79 | 46 | 153 | 23 | 57 | 110 | 130 | 125 | 61 |
| Days Payable | 199 | 79 | 23 | 239 | 169 | 158 | 0 | 266 | 224 | 97 |
| Cash Conversion Cycle | 55 | 51 | 98 | 44 | -65 | 37 | 257 | 22 | 43 | 97 |
| Working Capital Days | 152 | 145 | 177 | 19 | -65 | -132 | -169 | -194 | -216 | -242 |
| ROCE % | -18 | -3 | 8 | -8 | 3 | -9 | -3 | 43 | 68 | 244 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 9.74% | 9.58% | 9.58% | 9.59% | 9.59% | 9.59% | 9.6% | 9.6% |
| Public | 90.26% | 90.42% | 90.42% | 90.41% | 90.41% | 90.41% | 90.41% | 90.41% |
| No. of Shareholders | 2457 | 2456 | 2449 | 2447 | 2446 | 2445 | 2446 | 2444 |

### Quarterly

| Category | Jun 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Dec 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 9.59% | 9.59% | 9.59% | 9.59% | 9.59% | 9.59% | 9.59% | 9.6% | 9.59% | 9.6% | 9.6% | 9.6% |
| Public | 90.41% | 90.41% | 90.41% | 90.41% | 90.41% | 90.41% | 90.41% | 90.4% | 90.4% | 90.41% | 90.41% | 90.41% |
| No. of Shareholders | 2447 | 2446 | 2446 | 2446 | 2445 | 2445 | 2445 | 2447 | 2445 | 2446 | 2444 | 2444 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1363.43 | Sell |
| EMA (10) | 1351.68 | Sell |
| SMA (20) | 1379.4 | Sell |
| EMA (20) | 1365.81 | Sell |
| SMA (50) | 1392.22 | Sell |
| EMA (50) | 1407.83 | Sell |
| SMA (100) | 1516.33 | Sell |
| EMA (100) | 1485.84 | Sell |
| SMA (200) | 1629.54 | Sell |
| EMA (200) | 1596.57 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.36 | Neutral |
| MACD (12,26,9) | -16.85 | Sell |
| Stochastic (14,3,3) | 16.93 | Buy |
| ADX (14) | 15.06 | Neutral |
| Williams %R (14) | -68.87 | Neutral |
| ATR (14) | 53.15 | High Volatility |
| ROC (12) | -3.93 | Sell |
| Stoch RSI (14) | 39 | Neutral |
| UO (7,14,28) | 42.69 | Neutral |

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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 2026-09-13T18:37:40.602Z.