---
title: "The Ravalgaon Sugar Farm Ltd (RAVALSUGAR) — Share Price, Financials & Analysis"
symbol: "RAVALSUGAR"
company: "The Ravalgaon Sugar Farm Ltd"
canonical: "https://tapetide.com/stocks/RAVALSUGAR"
bse_code: "507300"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:45:11.851Z"
---

# The Ravalgaon Sugar Farm Ltd (RAVALSUGAR)

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

## Company

- **BSE Code:** 507300
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ravalgaonindia.com

## About

Incorporated in 1003, The Ravalgaon 
Sugar Farm Ltd is in the business 
of manufacturing of Confectionery 
products[1]

## Latest Price

- **Price:** ₹940.05
- **Change:** +0.05 (+0.01%)
- **Open:** ₹965
- **Day High:** ₹965
- **Day Low:** ₹940.05
- **Previous Close:** ₹940
- **Volume:** 158
- **As Of:** 2026-09-11T11:04:13+00:00

## Key Insights

### Weaknesses

- Stock is trading at 3.14 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -30.3% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -218% | -11% | -25% |
| revenue growth | -100% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.32 | 2.33 | 2.09 | 1.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 2.74 | 2.76 | 3.37 | 1.64 | 0.66 | 0.53 | 0.71 | 0.43 | 0.55 | 0.5 | 1.19 | 0.49 |
| Operating Profit | -0.42 | -0.43 | -1.28 | -0.48 | -0.66 | -0.53 | -0.71 | -0.43 | -0.55 | -0.5 | -1.19 | -0.49 |
| OPM % | -18.1 | -18.45 | -61.24 | -41.38 | — | — | — | — | — | — | — | — |
| Other Income | 0.01 | -0.06 | 26.17 | 0.02 | -0.38 | 0.42 | 0.75 | 0 | 0 | 0.42 | 0.19 | 0 |
| Interest | 0.41 | 0.43 | 0.43 | 0.01 | 0.04 | 0.09 | 0.07 | 0.01 | 0.03 | 0.05 | 0.06 | 0.08 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Profit before tax | -0.88 | -0.98 | 24.4 | -0.53 | -1.15 | -0.27 | -0.1 | -0.51 | -0.65 | -0.2 | -1.13 | -0.64 |
| Tax % | 0 | 0 | 17.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 211.5 | 0 |
| Net Profit | -0.88 | -0.98 | 20.15 | -0.53 | -1.14 | -0.27 | -0.09 | -0.51 | -0.65 | -0.2 | -3.51 | -0.63 |
| EPS in Rs | -29.33 | -28.82 | 592.65 | -15.59 | -33.53 | -7.94 | -2.65 | -15 | -19.12 | -5.88 | -103.24 | -18.53 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.85 | 11.27 | 10.3 | 5.64 | 7.45 | 9.67 | 8.58 | 1.16 | 0 | 0 |
| Expenses | 13.34 | 16.64 | 14.08 | 8.94 | 10.14 | 12.06 | 11.34 | 3.55 | 2.67 | 2.73 |
| Operating Profit | -2.49 | -5.37 | -3.78 | -3.3 | -2.69 | -2.39 | -2.76 | -2.39 | -2.67 | -2.73 |
| OPM % | -22.95 | -47.65 | -36.7 | -58.51 | -36.11 | -24.72 | -32.17 | -206.03 | — | — |
| Other Income | 2.67 | 24.71 | 0.31 | 0.07 | 6.38 | 1.43 | 26.19 | 0.83 | 0.61 | 0.61 |
| Interest | 2.66 | 1.83 | 0.91 | 1.31 | 1.41 | 1.37 | 1.63 | 0.21 | 0.15 | 0.22 |
| Depreciation | 1.72 | 0.97 | 0.2 | 0.21 | 0.23 | 0.23 | 0.24 | 0.26 | 0.26 | 0.28 |
| Profit before tax | -4.2 | 16.54 | -4.58 | -4.75 | 2.05 | -2.56 | 21.56 | -2.03 | -2.47 | -2.62 |
| Tax % | -11.43 | -20.44 | -0.22 | -38.53 | 5.37 | 0 | 19.71 | 0 | 96.76 | — |
| Net Profit | -3.72 | 19.93 | -4.57 | -2.92 | 1.95 | -2.56 | 17.31 | -2.03 | -4.87 | -4.99 |
| EPS in Rs | -124 | 664.33 | -152.33 | -97.33 | 65 | -85.33 | 509.12 | -59.71 | -143.24 | -146.77 |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
| Reserves | -6.18 | -9.79 | 10.14 | 5.57 | 2.65 | 4.6 | -0.63 | 16.77 | 14.75 | 9.84 |
| Borrowings | 23.05 | 26.52 | 4.26 | 9.24 | 12.05 | 11.11 | 12 | 2.11 | 0 | 2.52 |
| Other Liabilities | 9.84 | 8.54 | 6.47 | 5.8 | 6.57 | 5.27 | 9.38 | 9.32 | 3.74 | 1.83 |
| Total Liabilities | 27.05 | 25.61 | 21.21 | 20.95 | 21.61 | 21.32 | 21.09 | 28.54 | 18.83 | 14.53 |
| Fixed Assets | 18.81 | 16.98 | 11.28 | 11.08 | 11.27 | 10.98 | 10.81 | 10.76 | 11.91 | 11.65 |
| CWIP | 0.32 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.27 | 0.27 | 0.3 | 0.27 | 0.27 | 0.27 | 0.19 | 0.19 | 0.19 | 0.19 |
| Other Assets | 7.65 | 8.04 | 9.63 | 9.6 | 10.07 | 10.07 | 10.09 | 17.59 | 6.73 | 2.69 |
| Total Assets | 27.05 | 25.61 | 21.21 | 20.95 | 21.61 | 21.32 | 21.09 | 28.54 | 18.83 | 14.53 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.16 | -3.68 | -6.09 | -4.87 | -1.16 | -4.25 | -0.82 | -5.81 | -4.89 | -2.46 |
| Cash from Investing Activity | 0.11 | 2.46 | 29.68 | 0.05 | -0.39 | 6.59 | 1.29 | 25.91 | -1.15 | 0.02 |
| Cash from Financing Activity | -0.41 | 1.15 | -23.64 | 4.78 | 1.55 | -2.34 | -0.49 | -11.51 | -2.32 | 2.37 |
| Net Cash Flow | -0.14 | -0.07 | -0.05 | -0.03 | 0 | 0 | -0.02 | 8.59 | -8.36 | -0.08 |
| Free Cash Flow | 0.26 | -1.22 | -6.23 | -4.87 | -1.56 | 2.33 | -0.7 | 20.1 | -6.3 | -2.46 |
| CFO/OP | -4 | 148 | 60 | 133 | 34 | 154 | 34 | 57 | 205 | 92 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3.11 | 3.03 | 1.62 | 3.9 | 1.29 | 2.45 | 5.28 | 2.98 | 3.15 | — |
| Inventory Days | 201.05 | 410.63 | 194.12 | 237.14 | 218.28 | 209.46 | 165.06 | 96.46 | 52.64 | — |
| Days Payable | 101.21 | 155.29 | 93.61 | 168 | 326.83 | 119.25 | 99.97 | 69.52 | 10.53 | — |
| Cash Conversion Cycle | 102.95 | 258.37 | 102.14 | 73.03 | -107.25 | 92.66 | 70.38 | 29.92 | 45.26 | — |
| Working Capital Days | -584.17 | -820.16 | -199.83 | -372.44 | -893.73 | -565.38 | -623.18 | -326.71 | -783.49 | — |
| ROCE % | -26.93 | -22.58 | -38.73 | -22.08 | -21.73 | -18.66 | -17.51 | -18.49 | -9.73 | -16.7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.31% | 53.31% | 53.31% | 53.31% |
| DIIs | 0.04% | 0.04% | 0.06% | 0.06% | 0.05% | 0.05% | 0.05% | 0.05% | 0.06% | 0.06% |
| Public | 46.65% | 46.65% | 46.64% | 46.64% | 46.64% | 46.64% | 46.65% | 46.66% | 46.64% | 46.64% |
| No. of Shareholders | 3911 | 3847 | 3668 | 3641 | 3416 | 3238 | 3045 | 3127 | 3283 | 3167 |

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% | 53.31% |
| DIIs | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 46.65% | 46.65% | 46.65% | 46.65% | 46.66% | 46.65% | 46.66% | 46.65% | 46.63% | 46.65% | 46.64% | 46.64% |
| No. of Shareholders | 3132 | 3016 | 3045 | 3032 | 3086 | 3054 | 3127 | 3101 | 3263 | 3290 | 3283 | 3167 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 941.28 | Sell |
| EMA (10) | 940.8 | Sell |
| SMA (20) | 946.39 | Sell |
| EMA (20) | 946.65 | Sell |
| SMA (50) | 960.48 | Sell |
| EMA (50) | 954.8 | Sell |
| SMA (100) | 963.2 | Sell |
| EMA (100) | 956.88 | Sell |
| SMA (200) | 950.88 | Sell |
| EMA (200) | 969.96 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.57 | Neutral |
| MACD (12,26,9) | -7.34 | Sell |
| Stochastic (14,3,3) | 37.52 | Neutral |
| ADX (14) | 9.54 | Neutral |
| Williams %R (14) | -58.75 | Neutral |
| ATR (14) | 30.82 | High Volatility |
| ROC (12) | -0.13 | Sell |
| Stoch RSI (14) | 57.65 | Neutral |
| UO (7,14,28) | 49.97 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 26 Aug - The company has sent the notice of 91st AGM of the Company along with Annual Report for the Financial year ended on March 31, 2026 … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Aug - The company has sent the notice of 91st AGM of the Company along with Annual Report for the Financial year ended on March 31, 2026 …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=673e420e-6044-47b4-ab11-02ed6c5ca638.pdf) |
| 25 Aug - Submitted FY2025-26 annual report and AGM notice for September 16, 2026, including director reappointments. | [Reg. 34 (1) Annual Report. 25 Aug - Submitted FY2025-26 annual report and AGM notice for September 16, 2026, including director reappointments.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d92f4c72-1226-4fb2-97d2-e2c5b0e0bb98.pdf) |
| 25 Aug - 91st AGM on September 16, 2026 via VC/OAVM; annual report link shared with shareholders. | [Intimation Regarding Communication Sent To Shareholders Whose E-Mail Addresses Are Not Registered With The Company 25 Aug - 91st AGM on September 16, 2026 via VC/OAVM; annual report link shared with shareholders.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6295eb4b-4646-4d07-8d0e-a8c74ff5bba8.pdf) |
| 21 Aug - Pursuant to the provisions of SEBI LODR Regulations, 2015, we are enclosing herewith the copy of newspaper advertisement, published today i.e. on Friday, August 21, … | [Announcement Under Regulation 30 (LODR)-Newspaper Publication 21 Aug - Pursuant to the provisions of SEBI LODR Regulations, 2015, we are enclosing herewith the copy of newspaper advertisement, published today i.e. on Friday, August 21, …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3f23a8b-b93c-47e9-8cf0-ba7887320535.pdf) |
| — | [Notice Of 91St Annual General Meeting Of The Ravalgaon Sugar Farm Limited 25 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f381962a-2493-4bc0-8fbd-b0e1bab51485.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10147f41-aabd-4e73-8c67-60454afc69b6.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5f94be7-814e-4061-97b8-c3738ae18882.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68245975-b366-43e6-a1f7-39dab3ea1da1.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/75240507300.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/71924507300.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/67711507300.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000316.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 2026-09-13T18:45:11.851Z.