Mangal Credit & Fincorp Ltd

Mangal Credit & Fincorp Ltd

₹ 110 0.59%
28 Mar 4:01 p.m.
About

Incorporated in 2012, Mangal Credit & Fincorp Ltd provides various type of loans[1]

Key Points

Business Overview:[1][2]
MCFL is registered as a Non-Systematically Important Non-Deposit Taking NBFC. It has 6 branches in Maharashtra, 2 branches in Gujarat with 1 in Surat and 1 in Rajkot.

  • Market Cap 213 Cr.
  • Current Price 110
  • High / Low 127 / 90.0
  • Stock P/E 21.0
  • Book Value 59.5
  • Dividend Yield 0.45 %
  • ROCE 9.19 %
  • ROE 7.26 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Promoter holding has decreased over last quarter: -4.81%
  • Company has a low return on equity of 6.37% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2.64 3.60 3.18 3.02 3.65 5.01 3.88 4.84 5.85 6.60 7.49 7.54 8.64
0.80 0.91 0.84 0.75 0.95 1.67 0.93 1.18 1.44 1.96 1.88 1.65 2.25
Operating Profit 1.84 2.69 2.34 2.27 2.70 3.34 2.95 3.66 4.41 4.64 5.61 5.89 6.39
OPM % 69.70% 74.72% 73.58% 75.17% 73.97% 66.67% 76.03% 75.62% 75.38% 70.30% 74.90% 78.12% 73.96%
0.04 0.01 0.08 0.04 0.04 0.04 0.05 0.05 0.09 0.04 0.07 0.07 0.04
Interest 0.12 0.22 0.32 0.35 0.51 0.59 0.71 0.85 1.42 1.61 2.18 2.22 2.34
Depreciation 0.09 0.05 0.08 0.10 0.11 0.11 0.10 0.13 0.13 0.17 0.16 0.17 0.18
Profit before tax 1.67 2.43 2.02 1.86 2.12 2.68 2.19 2.73 2.95 2.90 3.34 3.57 3.91
Tax % 23.35% 42.80% 25.74% 24.73% 26.42% 39.93% 28.31% 25.27% 27.80% 25.17% 26.35% 26.33% 26.85%
1.29 1.39 1.51 1.40 1.57 1.61 1.57 2.04 2.13 2.17 2.47 2.63 2.86
EPS in Rs 0.67 0.72 0.78 0.72 0.81 0.83 0.81 1.06 1.10 1.12 1.28 1.36 1.48
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3 4 11 12 8 9 10 10 16 11 15 21 30
1 2 3 3 4 3 1 2 2 2 4 6 8
Operating Profit 2 3 8 10 4 6 8 9 14 9 11 16 23
OPM % 56% 59% 75% 79% 46% 65% 86% 84% 85% 79% 73% 74% 74%
0 0 0 1 3 0 0 0 0 0 0 0 0
Interest 0 1 7 9 4 1 2 1 0 1 2 4 8
Depreciation 0 0 0 1 1 0 0 0 0 0 0 1 1
Profit before tax 1 1 1 1 1 4 6 8 14 8 9 11 14
Tax % 22% 20% 19% 33% 19% 34% 27% 24% 21% 30% 30% 28%
1 1 1 1 1 3 5 6 11 6 6 8 10
EPS in Rs 1.45 1.55 0.69 1.69 2.37 3.11 5.57 2.96 3.15 4.10 5.24
Dividend Payout % 18% 15% 32% 8% 0% 15% 21% 16% 9% 17% 16% 12%
Compounded Sales Growth
10 Years: 17%
5 Years: 17%
3 Years: 10%
TTM: 55%
Compounded Profit Growth
10 Years: 34%
5 Years: 12%
3 Years: -10%
TTM: 38%
Stock Price CAGR
10 Years: 11%
5 Years: 16%
3 Years: 23%
1 Year: 13%
Return on Equity
10 Years: 6%
5 Years: 8%
3 Years: 6%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 1 16 16 19 19 19 19 19 19 19
Reserves 14 15 29 30 43 47 61 66 76 80 87 93 96
0 20 127 46 3 18 8 2 6 14 29 87 85
2 4 15 13 15 9 2 2 3 2 2 4 8
Total Liabilities 16 40 173 91 77 89 90 89 104 116 138 203 208
0 1 2 1 1 2 1 2 1 14 15 15 15
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2 2 36 26 16 15 32 26 15 15 17 16 14
14 38 135 63 60 72 57 61 87 86 106 173 178
Total Assets 16 40 173 91 77 89 90 89 104 116 138 203 208

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -18 -60 48 -0 -8 15 2 -9 -5 -11 -42
0 -2 -51 36 10 0 -15 6 7 -1 -0 -0
0 21 110 -81 -12 8 -1 -8 3 5 12 52
Net Cash Flow 0 1 -1 3 -3 0 -1 0 1 -1 1 10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 6 1 0 0 0 0 0 0 0 0 0
Inventory Days 679 795 719
Days Payable 791 874 887
Cash Conversion Cycle -112 -74 -168 0 0 0 0 0 0 0 0 0
Working Capital Days -77 2,385 2,904 1,257 2,114 2,737 1,959 137 395 -15 -28 -35
ROCE % 11% 8% 9% 8% 6% 8% 10% 10% 15% 8% 8% 9%

Shareholding Pattern

Numbers in percentages

10 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
61.02% 61.38% 61.86% 61.98% 62.36% 63.01% 63.41% 63.53% 55.36% 55.43% 55.46% 50.65%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.26% 0.26% 0.26% 0.64% 0.64% 0.64% 0.64% 0.00% 0.00% 0.00% 0.00% 0.00%
38.71% 38.35% 37.88% 37.37% 36.99% 36.34% 35.94% 36.46% 44.63% 44.56% 44.53% 49.34%
No. of Shareholders 4,4685,1134,7154,4604,6564,4794,4324,3554,2934,2934,4014,267

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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