Mena Mani Industries Ltd is Rated Sell

Current Rating Overview

Mena Mani Industries Ltd holds a 'Sell' rating according to MarketsMOJO’s latest assessment. This rating is based on a comprehensive evaluation of four key parameters: Quality, Valuation, Financial Trend, and Technicals. The company’s Mojo Score currently stands at 46.0, reflecting a moderate improvement from its previous 'Strong Sell' grade of 29, which was revised on 18 Dec 2025. Despite this improvement, the overall assessment still advises caution for investors considering exposure to this microcap NBFC.

Quality Assessment

As of 30 December 2025, Mena Mani Industries Ltd’s quality grade remains below average. The company exhibits weak long-term fundamental strength, notably highlighted by a negative book value. This negative equity position signals potential solvency concerns and raises questions about the sustainability of its capital structure. Although net sales have grown at an impressive annual rate of 84.55%, operating profit growth has stagnated at 0%, indicating that revenue expansion has not translated into improved profitability. This disparity suggests operational inefficiencies or cost pressures that undermine the company’s quality profile.

Valuation Considerations

The valuation grade for Mena Mani Industries Ltd is classified as risky. The stock trades at valuations that are considered elevated relative to its historical averages, which may not be justified given the company’s financial fundamentals. The negative book value further compounds valuation concerns, as it implies that the company’s liabilities exceed its assets on the balance sheet. Investors should be wary of this risk profile, especially in a microcap segment where liquidity and volatility can be significant factors.

Financial Trend Analysis

The financial grade for Mena Mani Industries Ltd is positive, reflecting some encouraging trends despite the challenges. As of 30 December 2025, the company’s stock has delivered a 12.05% return over the past year, with notable gains of 16.40% over the last month and 15.57% over six months. However, this return masks a significant decline in profitability, with profits falling by 99% over the same period. This divergence between stock price performance and earnings trend suggests that market sentiment may be driven by factors other than core earnings strength, such as speculative interest or technical momentum.

Technical Outlook

Technically, Mena Mani Industries Ltd is rated bullish. The stock has shown resilience with positive momentum indicators, including a 3.45% gain over the past week despite a 1.94% decline on the most recent trading day. This bullish technical grade indicates that short-term price action is favourable, which may attract traders and momentum investors. However, technical strength alone does not offset the underlying fundamental and valuation risks identified.

What the 'Sell' Rating Means for Investors

The 'Sell' rating from MarketsMOJO suggests that investors should exercise caution with Mena Mani Industries Ltd at present. While the stock has shown some price appreciation recently and technical indicators are positive, the fundamental weaknesses and risky valuation profile present significant concerns. The negative book value and near-total erosion of profits highlight structural challenges that could impact the company’s long-term viability. Investors seeking capital preservation or stable returns may find better opportunities elsewhere, particularly given the microcap status and associated liquidity risks.

Summary of Key Metrics as of 30 December 2025

• Mojo Score: 46.0 (Sell Grade)


• Market Capitalisation: Microcap segment


• 1-Year Stock Return: +12.05%


• Profit Decline Over 1 Year: -99%


• Net Sales Growth (Annualised): 84.55%


• Operating Profit Growth: 0%


• Book Value: Negative

Investor Takeaway

In conclusion, Mena Mani Industries Ltd’s current 'Sell' rating reflects a cautious stance grounded in fundamental and valuation concerns, despite some positive financial trends and technical momentum. The company’s negative book value and sharply declining profits are critical red flags that investors should weigh carefully. While the stock’s recent price gains may appear attractive, they do not fully mitigate the risks inherent in the company’s financial health and market positioning. Investors should consider these factors thoroughly before making any investment decisions involving this stock.

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