Mahan Industries

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.

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.

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.

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.

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.

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.

Should I buy, sell or hold Mahan Industries Ltd?

Why is Mahan Industries Ltd falling/rising?

As of 03-Apr, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a year-to-date increase of 10.07%. However, concerns about operating losses, negative EBITDA, and declining investor participation may impact its future performance.

As of 03-Apr, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change from the previous trading session. Despite this stability, the stock has demonstrated a positive performance over various time frames, with a year-to-date increase of 10.07%, outperforming the Sensex, which has declined by 13.96% during the same period. Additionally, the stock has achieved a new 52-week high today, indicating a strong upward movement recently.<BR><BR>However, there are significant concerns that could impact future performance. The company is facing operating losses and has a negative EBITDA of Rs. -0.41 crore, which raises questions about its long-term fundamental strength. Furthermore, the stock has seen a drastic decline in delivery volume, falling by 82.79% against the 5-day average, suggesting reduced investor participation. The finance/NBFC sector has also experienced a downturn, with a decline of 3.9%, which may affect Mahan Industries as well.<BR><BR>In summary, while Mahan Industries Ltd's stock price is currently stable and has shown positive returns over the year, the underlying issues such as operating losses, negative EBITDA, and declining investor participation present risks that could influence its future performance.

Why is Mahan Industries Ltd falling/rising?

As of 04-Apr, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a year-to-date increase of 10.07%. However, the company faces operational challenges and declining long-term growth prospects, which may affect investor sentiment.

As of 04-Apr, Mahan Industries Ltd's stock price is currently stable at Rs. 10.06, showing no change from the previous trading session. Despite this stability, the stock has demonstrated a positive performance over various time frames, with a year-to-date increase of 10.07%, outperforming the Sensex, which has declined by 13.96% during the same period. Additionally, the stock has risen by 4.90% over the past month, while the Sensex has fallen by 8.62%.<BR><BR>Today, Mahan Industries reached a new 52-week high of Rs. 10.06 and has outperformed its sector by 3.89%. Furthermore, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term trend. However, there are concerns regarding the stock's liquidity, as the delivery volume has significantly decreased by 82.79% compared to the 5-day average, suggesting a decline in investor participation.<BR><BR>On the negative side, the company is facing operational challenges, including an operating loss and a negative EBITDA of Rs. -0.41 crore. The long-term growth prospects appear weak, with an annual growth rate of operating profit at only 9.72% and a reported profit decline of 33% over the past year. These factors contribute to a perception of risk associated with the stock, as it is trading at levels that are considered risky compared to its historical valuations.<BR><BR>In summary, while Mahan Industries Ltd's stock price remains stable at Rs. 10.06, its recent performance shows a mix of positive short-term trends and significant long-term challenges that could influence investor sentiment moving forward.

Why is Mahan Industries Ltd falling/rising?

As of 05-Apr, Mahan Industries Ltd's stock price is stable at Rs. 10.06, with a year-to-date increase of +10.07%. Despite recent positive performance, concerns arise from erratic trading and a significant drop in delivery volume.

As of 05-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 various periods. Over the past week, it has maintained a return of +0.00%, while over the past month, it has increased by +4.90%. Year-to-date, the stock has risen by +10.07%, significantly outperforming the Sensex, which has declined by -13.96% during the same period.<BR><BR>Today, Mahan Industries reached a new 52-week high of Rs. 10.06 and outperformed its sector by +3.89%. Additionally, the stock is trading above its moving averages across multiple time frames, indicating a strong upward trend. However, it is important to note that there has been erratic trading, with the stock not trading on 4 out of the last 20 days, and a significant drop in delivery volume, which fell by -82.79% against the 5-day average. This decline in investor participation could indicate a potential concern for future trading activity.<BR><BR>Overall, while the stock price is currently stable, its recent performance and the achievement of a new high suggest a positive sentiment among investors, despite some negative indicators regarding trading volume and sector performance.

Which are the latest news on Mahan Industries?