Mangalam Industrial Finance Ltd
Incorporated in 1983, Mangalam Industrial Finance is in the business of investing and financing[1]
- Market Cap ₹ 228 Cr.
- Current Price ₹ 1.58
- High / Low ₹ 3.84 / 1.26
- Stock P/E 178
- Book Value ₹ 0.18
- Dividend Yield 0.63 %
- ROCE 6.97 %
- ROE 4.25 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 8.75 times its book value
- Promoter holding has decreased over last quarter: -1.37%
- Company has a low return on equity of -4.07% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.16 | 0.20 | 2.07 | 8.03 | 7.01 | 2.25 | 2.21 | 2.05 | 1.17 | 1.33 | 2.61 | 3.56 | 3.68 | |
0.12 | 0.14 | 1.73 | 7.57 | 6.61 | 2.21 | 2.34 | 1.15 | 1.85 | 6.09 | 2.32 | 1.49 | 1.55 | |
Operating Profit | 0.04 | 0.06 | 0.34 | 0.46 | 0.40 | 0.04 | -0.13 | 0.90 | -0.68 | -4.76 | 0.29 | 2.07 | 2.13 |
OPM % | 25.00% | 30.00% | 16.43% | 5.73% | 5.71% | 1.78% | -5.88% | 43.90% | -58.12% | -357.89% | 11.11% | 58.15% | 57.88% |
-0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.01 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.05 | 0.04 |
Profit before tax | -0.09 | 0.06 | 0.34 | 0.46 | 0.40 | 0.04 | -0.13 | 0.90 | 2.32 | -4.89 | 0.26 | 2.01 | 2.09 |
Tax % | -11.11% | 0.00% | 32.35% | 30.43% | 25.00% | 25.00% | 0.00% | 25.56% | 42.67% | 2.45% | 26.92% | 38.81% | |
-0.08 | 0.06 | 0.24 | 0.32 | 0.29 | 0.03 | -0.13 | 0.67 | 1.34 | -5.01 | 0.19 | 1.23 | 1.28 | |
EPS in Rs | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.01 | -0.03 | 0.00 | 0.01 | 0.00 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 78.18% |
Compounded Sales Growth | |
---|---|
10 Years: | 33% |
5 Years: | 10% |
3 Years: | 45% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 35% |
5 Years: | 63% |
3 Years: | 57% |
TTM: | 612% |
Stock Price CAGR | |
---|---|
10 Years: | -24% |
5 Years: | 47% |
3 Years: | -28% |
1 Year: | -49% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -2% |
3 Years: | -4% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 | 96.16 |
Reserves | -0.20 | -0.15 | 0.02 | 0.32 | 0.08 | -62.01 | -62.14 | -64.12 | -62.78 | -67.82 | -67.63 | -66.75 |
0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.03 | 0.08 | 0.19 | 0.11 | 0.64 | 0.65 | 1.01 | 0.26 | 1.33 | 0.31 | 0.30 | 0.90 | |
Total Liabilities | 96.00 | 96.09 | 96.37 | 96.59 | 96.88 | 34.80 | 35.03 | 32.30 | 34.71 | 28.65 | 28.83 | 30.31 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.17 | 0.13 | |
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 | 88.43 | 92.47 | 69.14 | 66.94 | 70.21 | 8.05 | 8.05 | 10.25 | 0.00 | 0.00 | 0.00 | 0.00 |
7.57 | 3.62 | 27.23 | 29.65 | 26.67 | 26.75 | 26.98 | 22.05 | 34.71 | 28.46 | 28.66 | 30.18 | |
Total Assets | 96.00 | 96.09 | 96.37 | 96.59 | 96.88 | 34.80 | 35.03 | 32.30 | 34.71 | 28.65 | 28.83 | 30.31 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.33 | 4.34 | -23.36 | -1.42 | 3.18 | 0.02 | 0.24 | 7.09 | -7.80 | 4.04 | -11.43 | -0.44 | |
0.38 | -4.04 | 23.33 | 2.19 | -3.27 | -0.31 | -1.08 | -6.79 | 15.88 | -0.20 | -0.02 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.34 | |
Net Cash Flow | 0.05 | 0.30 | -0.03 | 0.78 | -0.09 | -0.29 | -0.84 | 0.30 | 8.08 | 3.85 | -11.45 | -0.79 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.23 | 4.20 | 3.08 |
Inventory Days | 88.95 | 0.00 | 0.00 | |||||||||
Days Payable | 0.00 | |||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 88.95 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.23 | 4.20 | 3.08 |
Working Capital Days | 16,584.69 | 5,456.75 | 4,103.16 | 380.45 | 115.07 | -38.93 | -94.14 | 876.00 | 3,774.79 | -35.68 | 85.31 | -28.71 |
ROCE % | 0.04% | 0.06% | 0.35% | 0.48% | 0.42% | 0.06% | -0.38% | 2.72% | -2.08% | -15.49% | 0.91% | 6.97% |
Documents
Announcements
-
Board Meeting Outcome for Outcome Of Meeting Of Board ('The Board') Held On 04Th October, 2025
4 Oct - Mangalam board approved Rights Issue; opening 27 Oct 2025, closing 7 Nov 2025; record date 23 Sep 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Oct - Certificate under Reg 74(5) confirming demat activity for quarter ended 30 Sep 2025; no dematerialisations.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
- Shareholder Meeting / Postal Ballot-Outcome of AGM 1 Oct
-
Disclosure Of Events Or Information - Summary Of Proceedings Of The 42Nd (Forty Second) Annual General Meeting ('AGM') Of The Mangalam Industrial Finance Limited ('The Company') Held On Monday, 29Th September, 2025 Through Video Conferencing (VC)
29 Sep - 42nd AGM on 29 Sep 2025 via VC; adopted FY2024-25 accounts; reappointed director; appointed secretarial auditor.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2008
from bse
Business Overview:[1][2]
MIFL was formed as a Non Systematically Important Non-deposit taking Non-Banking
Finance, Investment and Credit Company and in Agriculture based industry including:
a) Financing Industrial Enterprises
by way of lending and advancing
money for machinery, land, building
shed or such other things as payment
finance
b) Investment /trading in shares &
securities etc and to carry on all types
of financing business including Housing
Finance
c) To manufacture and trade in agriculture based products of soil viz; tobacco, jute,
cotton, textiles sugarcane, vegetable
products, oilseeds, food grains etc.
Currently, company is concentrating in the NBFC segment providing various financial solutions