Mahan Industries Ltd
₹ 8.71
0.00%
08 Dec
- close price
About
IIncorporated in 1995, Mahan Industries Ltd provides financing and investment services[1]
Key Points
- Market Cap ₹ 3.92 Cr.
- Current Price ₹ 8.71
- High / Low ₹ 8.71 / 3.67
- Stock P/E
- Book Value ₹ 11.7
- Dividend Yield 0.00 %
- ROCE -0.26 %
- ROE -1.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.74 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 1.16%
- Company has a low return on equity of -1.17% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 382 days.
* 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
Services Services Commercial Services & Supplies Trading & Distributors
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.74 | 1.33 | 0.19 | 0.16 | 0.02 | 0.46 | 0.69 | 0.33 | 0.72 | 1.17 | 0.71 | 2.17 | 3.32 | |
| 2.73 | 1.56 | 0.49 | 0.87 | 0.35 | 4.09 | 1.65 | 3.54 | 0.88 | 1.16 | 0.73 | 2.19 | 3.47 | |
| Operating Profit | -1.99 | -0.23 | -0.30 | -0.71 | -0.33 | -3.63 | -0.96 | -3.21 | -0.16 | 0.01 | -0.02 | -0.02 | -0.15 |
| OPM % | -268.92% | -17.29% | -157.89% | -443.75% | -1,650.00% | -789.13% | -139.13% | -972.73% | -22.22% | 0.85% | -2.82% | -0.92% | -4.52% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.08 | |
| Interest | 0.65 | 0.55 | 0.50 | 0.47 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 | 0.05 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -2.64 | -0.78 | -0.80 | -1.18 | -0.33 | -3.63 | -0.89 | -3.21 | -0.16 | -0.02 | -0.05 | -0.14 | -0.12 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -2.64 | -0.78 | -0.80 | -1.18 | -0.33 | -3.63 | -0.89 | -3.22 | -0.16 | -0.02 | -0.05 | -0.14 | -0.10 | |
| EPS in Rs | -0.73 | -0.22 | -0.22 | -0.33 | -0.09 | -1.01 | -0.25 | -0.89 | -0.04 | -0.01 | -0.01 | -0.31 | -0.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 26% |
| 3 Years: | 44% |
| TTM: | 213% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 14% |
| 3 Years: | 19% |
| TTM: | -129% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 100% |
| 3 Years: | 179% |
| 1 Year: | 256% |
| Return on Equity | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -19% |
| 3 Years: | -1% |
| Last Year: | -1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 4.50 | 4.50 |
| Reserves | -21.23 | -22.01 | -22.82 | -24.65 | -24.98 | -28.61 | -29.50 | -32.72 | -32.88 | -32.90 | -32.95 | 0.66 | 0.77 |
| 11.21 | 4.35 | 4.34 | 3.06 | 3.21 | 0.00 | 0.00 | 0.00 | 0.00 | 3.48 | 3.47 | 3.47 | 3.47 | |
| 1.24 | 0.03 | 0.49 | 0.53 | 0.51 | 3.44 | 2.83 | 2.82 | 3.42 | 0.08 | 0.06 | 0.11 | 0.54 | |
| Total Liabilities | 27.22 | 18.37 | 18.01 | 14.94 | 14.74 | 10.83 | 9.33 | 6.10 | 6.54 | 6.66 | 6.58 | 8.74 | 9.28 |
| 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6.72 | 10.81 | 10.27 | 7.46 | 7.42 | 4.10 | 3.28 | 1.42 | 0.00 | 0.00 | 0.00 | 0.32 | 0.44 |
| 20.42 | 7.49 | 7.67 | 7.41 | 7.25 | 6.66 | 5.98 | 4.62 | 6.48 | 6.60 | 6.52 | 8.36 | 8.78 | |
| Total Assets | 27.22 | 18.37 | 18.01 | 14.94 | 14.74 | 10.83 | 9.33 | 6.10 | 6.54 | 6.66 | 6.58 | 8.74 | 9.28 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -10.55 | 11.96 | -0.62 | -0.81 | -0.13 | -0.85 | 0.09 | -1.82 | -0.65 | -0.07 | 0.03 | -1.93 | |
| 12.73 | -5.08 | 0.57 | 2.10 | -0.02 | 0.69 | 0.51 | -0.01 | -0.01 | -0.01 | -0.01 | -0.33 | |
| -2.19 | -6.86 | 0.02 | -1.28 | 0.15 | 0.18 | -0.60 | 0.01 | 0.61 | 0.08 | 0.00 | 2.25 | |
| Net Cash Flow | -0.01 | 0.02 | -0.03 | 0.00 | -0.01 | 0.01 | 0.00 | -1.82 | -0.04 | 0.00 | 0.02 | -0.02 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6,826.49 | 318.35 | 2,228.42 | 2,532.19 | 19,892.50 | 968.04 | 666.52 | 4,877.73 | 2,463.75 | 723.76 | 1,166.97 | 381.82 |
| Inventory Days | 817.16 | 62.13 | 1,251.43 | 1,338.33 | 160.00 | 24.33 | 94.19 | 79.64 | 57.17 | 193.24 | 60.14 | |
| Days Payable | 659.18 | 2.59 | 1,095.00 | 1,046.33 | 15.00 | 6.08 | 11.77 | 0.00 | 21.99 | 53.68 | 14.52 | |
| Cash Conversion Cycle | 6,984.47 | 377.88 | 2,384.85 | 2,532.19 | 20,184.50 | 1,113.04 | 684.77 | 4,960.15 | 2,543.39 | 758.94 | 1,306.53 | 427.45 |
| Working Capital Days | 1,484.66 | -790.38 | -5,916.84 | -3,809.69 | -35,952.50 | -1,412.39 | -772.32 | 1,935.61 | 836.46 | 767.44 | 1,274.93 | 430.60 |
| ROCE % | -7.01% | -1.04% | -1.67% | -4.45% | -2.30% | -33.58% | -12.81% | -65.64% | -5.00% | 0.21% | -0.31% | -0.26% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Advertisement for publication of Financial Results for September 2025 Quarter
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Board Meeting Outcome for Revised Outcome For Board Meeting Held On November 05, 2025
13 Nov - Corrects authorized capital increase to ₹60,00,00,000 (6,00,00,000 shares) — typo rectification.
-
Un-Audited Financial Results For The Quarter And Half Year Ended On 30.09.2025
12 Nov - Board approved Q2/H1 Sep 30, 2025 unaudited results; CFO Sunil Gurnani resigned; Niranjan Jain appointed CFO effective Nov 12, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2009
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Financial Year 2008
from bse
Business Overview:[1]
MIL is a Non-Systematically Important Non-Deposit Taking Non-Banking Financial Company.
It is mainly engaged in the business of financing and investment and is planning to expand and diversify its operational activities in the coming years.