Mahan Industries Ltd

Mahan Industries Ltd

₹ 2.94 5.00%
12 Jul - close price
About

Incorporated in 1995, Mahan Industries Ltd provides Financial and Insurance Services[1]

Key Points

Registration:[1]
Company is a Non-Banking Financial Company (Non-Deposit taking)

  • Market Cap 10.6 Cr.
  • Current Price 2.94
  • High / Low 3.24 / 0.50
  • Stock P/E 1,058
  • Book Value 0.85
  • Dividend Yield 0.00 %
  • ROCE 0.83 %
  • ROE 0.33 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.47 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 1.48%
  • Company has a low return on equity of -1.81% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 1,167 days.
  • Working capital days have increased from 1,259 days to 3,254 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

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.20 0.07 0.14 0.32 0.19 0.20 0.36 0.28 0.33 0.22 0.26 0.10 0.13
2.10 0.13 0.26 0.29 0.22 0.29 0.32 0.17 0.31 0.22 0.23 0.08 0.13
Operating Profit -1.90 -0.06 -0.12 0.03 -0.03 -0.09 0.04 0.11 0.02 0.00 0.03 0.02 0.00
OPM % -950.00% -85.71% -85.71% 9.38% -15.79% -45.00% 11.11% 39.29% 6.06% 0.00% 11.54% 20.00% 0.00%
-0.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.06 0.00 0.00 0.00 -0.06
Interest 0.00 0.00 0.00 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01
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 -2.62 -0.06 -0.12 0.03 -0.04 -0.09 0.03 0.10 -0.05 -0.01 0.02 0.01 -0.07
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% 0.00%
-2.62 -0.06 -0.12 0.03 -0.04 -0.09 0.03 0.10 -0.05 -0.01 0.02 0.01 -0.07
EPS in Rs -0.73 -0.02 -0.03 0.01 -0.01 -0.02 0.01 0.03 -0.01 -0.00 0.01 0.00 -0.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6.21 0.74 1.33 0.19 0.16 0.02 0.46 0.69 0.33 0.72 1.17 0.71
7.54 2.73 1.56 0.49 0.87 0.35 4.09 1.65 3.54 0.88 1.16 0.67
Operating Profit -1.33 -1.99 -0.23 -0.30 -0.71 -0.33 -3.63 -0.96 -3.21 -0.16 0.01 0.04
OPM % -21.42% -268.92% -17.29% -157.89% -443.75% -1,650.00% -789.13% -139.13% -972.73% -22.22% 0.85% 5.63%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 -0.06
Interest 0.76 0.65 0.55 0.50 0.47 0.00 0.00 0.00 0.00 0.00 0.03 0.03
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
Profit before tax -2.09 -2.64 -0.78 -0.80 -1.18 -0.33 -3.63 -0.89 -3.21 -0.16 -0.02 -0.05
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%
-2.09 -2.64 -0.78 -0.80 -1.18 -0.33 -3.63 -0.89 -3.22 -0.16 -0.02 -0.05
EPS in Rs -0.58 -0.73 -0.22 -0.22 -0.33 -0.09 -1.01 -0.25 -0.89 -0.04 -0.01 -0.01
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: 0%
5 Years: 9%
3 Years: 29%
TTM: -39%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 26%
TTM: 150%
Stock Price CAGR
10 Years: 9%
5 Years: 73%
3 Years: 96%
1 Year: 465%
Return on Equity
10 Years: -13%
5 Years: -20%
3 Years: -2%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00
Reserves -18.59 -21.23 -22.01 -22.82 -24.65 -24.98 -28.61 -29.50 -32.72 -32.88 -32.90 -32.95
13.40 11.21 4.35 4.34 3.06 3.21 0.00 0.00 0.00 0.00 0.00 3.47
2.73 1.24 0.03 0.49 0.53 0.51 3.44 2.83 2.82 3.42 3.56 0.07
Total Liabilities 33.54 27.22 18.37 18.01 14.94 14.74 10.83 9.33 6.10 6.54 6.66 6.59
0.08 0.08 0.07 0.07 0.07 0.07 0.07 0.07 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
Investments 15.31 6.72 10.81 10.27 7.46 7.42 4.10 3.28 1.42 0.00 0.00 0.00
18.15 20.42 7.49 7.67 7.41 7.25 6.66 5.98 4.62 6.48 6.60 6.53
Total Assets 33.54 27.22 18.37 18.01 14.94 14.74 10.83 9.33 6.10 6.54 6.66 6.59

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7.78 -10.55 11.96 -0.62 -0.81 -0.13 -0.85 0.09 -1.82 -0.65 -0.07 0.04
3.09 12.73 -5.08 0.57 2.10 -0.02 0.69 0.51 -0.01 -0.01 -0.01 -0.01
4.65 -2.19 -6.86 0.02 -1.28 0.15 0.18 -0.60 0.01 0.61 0.08 -0.01
Net Cash Flow -0.04 -0.01 0.02 -0.03 0.00 -0.01 0.01 0.00 -1.82 -0.04 0.00 0.02

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 440.23 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
Inventory Days 76.73 817.16 62.13 1,251.43 1,338.33 160.00 24.33 94.19 79.64 57.87 193.24
Days Payable 134.28 659.18 2.59 1,095.00 1,046.33 15.00 6.08 11.77 0.00 22.26 53.68
Cash Conversion Cycle 382.69 6,984.47 377.88 2,384.85 2,532.19 20,184.50 1,113.04 684.77 4,960.15 2,543.39 759.37 1,306.53
Working Capital Days 369.70 7,013.92 403.42 2,420.53 3,170.94 22,630.00 -1,412.39 -772.32 1,935.61 836.46 -315.09 3,254.15
ROCE % -4.50% -7.01% -1.04% -1.67% -4.45% -2.30% -33.58% -12.81% -65.64% -5.00% 0.32% 0.83%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48%
98.52% 98.52% 98.52% 98.52% 98.52% 98.52% 98.51% 98.52% 98.50% 98.51% 98.52% 98.52%
No. of Shareholders 4,1534,1524,2274,2144,2013,5584,1744,1524,1374,1294,1014,561

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