Mahan Industries

Why is Mahan Industries Ltd falling/rising?

As of 12-Apr, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a year-to-date increase of 10.07%. Despite recent sector underperformance, the stock shows strong long-term growth, trading above its moving averages and experiencing increased investor interest.

As of 12-Apr, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance over the longer term, with a year-to-date increase of 10.07%, while the benchmark Sensex has declined by 9.00% during the same period. Additionally, the stock has risen significantly over the past three years by 2086.96%, and over five years by 3625.93%, indicating a strong long-term growth trajectory.<BR><BR>Today, the stock reached a new 52-week high of Rs. 10.06, which is a positive indicator. However, it has underperformed its sector by 2.41% today, suggesting that while the stock is at a high, it is not keeping pace with sector gains. The trading activity has been erratic, as the stock did not trade on four out of the last twenty days, which may contribute to volatility in its price movements.<BR><BR>On a positive note, Mahan Industries is trading above its moving averages across various time frames (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bullish trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 39.21% against the 5-day average, indicating growing interest in the stock.<BR><BR>In summary, while Mahan Industries Ltd's stock price is currently stable, its long-term performance and recent trading activity suggest a complex picture of growth potential tempered by short-term sector underperformance and erratic trading patterns.

Which are the latest news on Mahan Industries?

Should I buy, sell or hold Mahan Industries Ltd?

Are Mahan Industries Ltd latest results good or bad?

Mahan Industries Ltd's latest results for March 2024 are unfavorable, showing a significant decline in key metrics, with operating profit and profit before tax both at Rs -0.01 crore, and earnings per share at Rs -0.02. The negative outlook suggests investors should reassess their positions in the company.

Mahan Industries Ltd's latest financial results for the quarter ending March 2024 indicate a challenging period for the company. The performance has been flat, with a significant decline in key metrics compared to previous quarters. The operating profit (PBDIT) has reached its lowest point in five quarters at Rs -0.01 crore, which is concerning as it reflects a negative trend in profitability.<BR><BR>Additionally, the profit before tax (PBT) has also dropped to Rs -0.01 crore, marking it as the lowest in the same timeframe. The earnings per share (EPS) have similarly decreased to Rs -0.02, indicating lower returns for shareholders.<BR><BR>Overall, the results have not been favorable, and the 'Sell' call from MarketsMOJO suggests a negative outlook for investors. Given these factors, it would be prudent for investors to carefully assess their positions in Mahan Industries Ltd.

When is the next results date for Mahan Industries Ltd?

The next results date for Mahan Industries Ltd is 12 February 2026.

The next results date for Mahan Industries Ltd is scheduled for 12 February 2026.

What does Mahan Industries do?

Mahan Industries Ltd is a micro-cap Non-Banking Financial Company (NBFC) established in 1995, focusing on investment and financial services. As of September 2024, it reported net sales of 4 Cr and a net profit of 0 Cr, with a market cap of INR 3 Cr.

Overview:<BR>Mahan Industries Ltd is a Non-Banking Financial Company (NBFC) engaged in investment and financial services, categorized as a micro-cap company in the finance industry.<BR><BR>History:<BR>Mahan Industries Ltd was incorporated in 1995 and was formerly known as Mahan Finstock Ltd. The latest quarterly results reported net sales and net profit for September 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 4 Cr (Quarterly Results - Sep 2024) <BR>Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market-cap: INR 3 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 3.00 <BR>Industry P/E: 15 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.14 <BR>Return on Equity: 2.30% <BR>Price to Book: 1.11 <BR><BR>Contact Details:<BR>Address: D K House 3rd Floor, Near Mithakali Underbridge Ahmedabad Gujarat : 380006 <BR>Phone: 91-079-30024897 <BR>Email: mahan.int@gmail.com <BR>Website: http://www.mahan.co.in

Who are the top shareholders of the Mahan Industries?

The top shareholders of Mahan Industries include individual investors with a collective 39.59% stake, notably Sourabh H Bora HUF holding 5%. There are no institutional investors or pledged promoter holdings.

The top shareholders of Mahan Industries include individual investors, who collectively hold 39.59% of the shares. Among public shareholders, Sourabh H Bora HUF is notable, holding 5%. There are no institutional investors or mutual funds currently holding shares in the company, and there are no pledged promoter holdings. Additionally, there is no specific promoter with the highest holding mentioned.

Who are in the management team of Mahan Industries?

As of March 2023, the management team of Mahan Industries includes Y K Gupta (Chairman/Executive Director), Sunil Gurnani (Executive Director & CFO), and four independent and non-executive directors: Lalit Sharma, Chanakya Shukla, Hiralben Pravinkumar Kubavat, and Astik Trivedi.

As of March 2023, the management team of Mahan Industries includes the following individuals:<BR><BR>1. Y K Gupta - Chairman / Executive Director<BR>2. Lalit Sharma - Independent Non-Executive Director<BR>3. Chanakya Shukla - Independent Non-Executive Director<BR>4. Hiralben Pravinkumar Kubavat - Non-Executive & Non-Independent Director<BR>5. Sunil Gurnani - Executive Director & CFO<BR>6. Astik Trivedi - Independent Non-Executive Director<BR><BR>Each member plays a distinct role within the company's governance structure.

Is Mahan Industries overvalued or undervalued?

As of July 1, 2025, Mahan Industries is considered undervalued with a PE ratio of 3.39 and strong stock performance of 249.07% over the past year, despite operational challenges indicated by a negative ROCE of -2.62%.

As of 1 July 2025, Mahan Industries has moved from an expensive to a risky valuation grade. The company is currently considered undervalued, with a PE ratio of 3.39, a Price to Book Value of 1.11, and an EV to EBITDA ratio of 6.84. Notably, Mahan's ROE stands at 2.30%, while its ROCE is negative at -2.62%, indicating operational challenges.<BR><BR>When compared to peers, Mahan Industries' valuation metrics are significantly lower. For instance, Life Insurance has a PE ratio of 12.71 and an EV to EBITDA of 10.03, while Bajaj Finance is at 34.98 and 19.5, respectively. Despite the low valuation ratios, Mahan Industries has shown remarkable stock performance over the past year, with a return of 249.07%, significantly outperforming the Sensex's return of 5.31%. This suggests that while the company may be undervalued based on traditional metrics, market sentiment may be shifting positively.

What is the technical trend for Mahan Industries?

As of May 27, 2025, Mahan Industries shows a mildly bullish trend with positive momentum from the MACD and moving averages, despite bearish RSI readings indicating potential weakness.

As of 27 May 2025, the technical trend for Mahan Industries has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is also bullish, indicating positive momentum. However, the RSI on both weekly and monthly time frames is bearish, suggesting potential weakness. The Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly chart. Daily moving averages are bullish, supporting the upward price movement. Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly. The On-Balance Volume (OBV) is bullish on the monthly but shows no trend on the weekly. Overall, the indicators present a mildly bullish stance, with strength primarily from the moving averages and MACD, despite the bearish RSI readings.