Mangal Credit

Why is Mangal Credit & Fincorp Ltd falling/rising?

As of 01-Sep, Mangal Credit & Fincorp Ltd's stock price is currently at 230.00, down 6.64% after a trend reversal following four days of gains. Despite a year-to-date increase of 36.90%, the stock's recent performance indicates a bearish trend in the short term.

As of 01-Sep, Mangal Credit & Fincorp Ltd's stock price is falling, currently at 230.00, which reflects a change of -16.35 (-6.64%). This decline follows a trend reversal after four consecutive days of gains, indicating a shift in market sentiment. The stock opened with a loss of 2.58% today and reached an intraday low of Rs 227.4, marking a decrease of 7.69%. <BR><BR>Despite the recent negative performance, the stock has shown strong returns over the longer term, with a year-to-date increase of 36.90% and a one-year return of 23.99%. However, the current day's performance has underperformed the sector by 6.23%. The moving averages indicate that while the stock is above the 100-day and 200-day moving averages, it is below the shorter-term 5-day, 20-day, and 50-day moving averages, suggesting a potential bearish trend in the short term.<BR><BR>Investor participation has increased, as evidenced by a delivery volume of 1.02 lacs on 31 Aug, which is up 91.07% compared to the 5-day average. Nonetheless, the immediate price drop and the stock's opening gap down reflect a negative sentiment in the market, contributing to the current decline in stock price.

Who are in the management team of Mangal Credit?

The management team of Mangal Credit includes Meghraj S Jain (Chairman & Managing Director), Nilesh Jain (Executive Director), and several Independent Directors: Ramanathan Annamalai, Ganesh Subramanyam, Nirupama Dattatray, and Sriram Sankaranarayanan, along with Non-Executive Director Sujan Sinha and Company Secretary Chirag Parmar.

The management team of Mangal Credit includes the following individuals:<BR><BR>1. Meghraj S Jain - Chairman & Managing Director<BR>2. Ramanathan Annamalai - Independent Director<BR>3. Ganesh Subramanyam - Independent Director<BR>4. Nirupama Dattatray - Independent Director<BR>5. Sriram Sankaranarayanan - Independent Director<BR>6. Sujan Sinha - Non-Executive Director<BR>7. Nilesh Jain - Executive Director<BR>8. Chirag Parmar - Company Secretary & Compliance Officer<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does Mangal Credit do?

Mangal Credit & Fincorp Ltd is a non-banking financial company (NBFC) focused on the micro-cap segment, offering financial services with a recent net sales of 22 Cr and net profit of 6 Cr as of June 2026. The company has a market cap of INR 540 Cr and key metrics include a P/E of 28.00 and a dividend yield of 0.28%.

Overview: <BR>Mangal Credit & Fincorp Ltd is a trusted non-banking financial company (NBFC) operating in the micro-cap segment.<BR><BR>History: <BR>The company was incorporated in 1961 as Tak Machinery Limited, underwent name changes in 1985 to Tak Machinery and Leasing Limited, and finally adopted its current name, Mangal Credit & Fincorp Limited, in 2013. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 22 Cr (Quarterly Results - Jun 2026) <BR>- Net Profit: 6 Cr (Quarterly Results - Jun 2026) <BR>- Market Cap: INR 540 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 28.00 <BR>- Industry P/E: 21 <BR>- Dividend Yield: 0.28% <BR>- Debt Equity: 1.92 <BR>- Return on Equity: 10.41% <BR>- Price to Book: 3.11 <BR><BR>Contact Details: <BR>Address: 1701/1702 17th Flr A-Wing, Lotus Corporate Park Goregaon (E), Mumbai, Maharashtra: 400063 <BR>Tel: 91-022-42461300 <BR>Email: compliance@mangalfincorp.com <BR>Website: http://www.mangalfincorp.com

Who are the peers of the Mangal Credit?

Mangal Credit's peers include CSL Finance, Oswal Green Tech, Aryaman Capital, and others. Mangal Credit has below average management risk and a 1-year return of 36.03%, while Purple Finance leads with 101.10% return, and Oswal Green Tech has the lowest at -49.76%.

Peers: The peers of Mangal Credit are CSL Finance, Oswal Green Tech, Aryaman Capital, Kiran Vyapar, The Invest.Trust, Unifinz Capital, Nahar Capital, Regency Fincorp, and Purple Finance.<BR><BR>Quality Snapshot: Excellent management risk is observed at CSL Finance, Unifinz Capital, and Regency Fincorp, while Average management risk is found at Aryaman Capital and the rest. Below Average management risk is present at Mangal Credit, Oswal Green Tech, Kiran Vyapar, The Invest.Trust, Nahar Capital, and Purple Finance. For growth, Excellent growth is seen at CSL Finance, Mangal Credit, Unifinz Capital, Regency Fincorp, and Purple Finance, while Average growth is noted at Aryaman Capital and the rest. Below Average growth is reported at Oswal Green Tech, Kiran Vyapar, The Invest.Trust, and Nahar Capital.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Purple Finance at 101.10%, while Oswal Green Tech has the lowest at -49.76%. Mangal Credit's 1-year return is 36.03%, which is significantly higher than Oswal Green Tech's. Additionally, the six-month return is negative for Oswal Green Tech, Aryaman Capital, and The Invest.Trust.

How big is Mangal Credit?

As of 31st August, Mangal Credit & Fincorp Ltd has a market capitalization of 540.00 Cr, with recent net sales of 40.98 Cr and a net profit of 7.63 Cr. Shareholder's funds are 93.25 Cr, and total assets amount to 205.20 Cr as of March 2019.

As of 31st August, Mangal Credit & Fincorp Ltd has a market capitalization of 540.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Mangal Credit reported Net Sales of 40.98 Cr and a Net Profit of 7.63 Cr.<BR><BR>The latest annual period for the balance sheet is March 2019, with Shareholder's Funds amounting to 93.25 Cr and Total Assets of 205.20 Cr.

Which are the latest news on Mangal Credit?

Should I buy, sell or hold Mangal Credit & Fincorp Ltd?

When is the next results date for Mangal Credit & Fincorp Ltd?

The next results date for Mangal Credit & Fincorp Ltd is 06 August 2026.

The next results date for Mangal Credit & Fincorp Ltd is scheduled for 06 August 2026.

Are Mangal Credit & Fincorp Ltd latest results good or bad?

Mangal Credit & Fincorp Ltd's latest Q3 FY26 results show strong operational performance with record net sales of ₹18.31 crores and a net profit of ₹3.83 crores; however, a low return on equity of 7.42% and a 13.33% decline in stock price over the past three months indicate challenges that may affect future growth.

Mangal Credit & Fincorp Ltd's latest results for Q3 FY26 can be considered quite strong in terms of operational performance. The company achieved record highs in both net sales and net profit, with net sales reaching ₹18.31 crores and net profit at ₹3.83 crores. Additionally, the operating margin of 77.55% indicates exceptional efficiency in managing costs while generating revenue.<BR><BR>However, despite these positive results, the company faces significant challenges. The average return on equity (ROE) is only 7.42%, which is below the typical benchmark of 15% for quality financial services firms. This suggests that while the company is growing its top line, it is not converting equity into profits efficiently. Furthermore, the stock has experienced a decline of 13.33% over the past three months and has underperformed its peers in the NBFC sector significantly.<BR><BR>In summary, while Mangal Credit's latest results show impressive growth and operational efficiency, concerns regarding capital efficiency, high leverage, and recent stock performance create a mixed outlook. Investors should weigh these factors carefully when considering the company's financial health and future potential.

Is Mangal Credit overvalued or undervalued?

As of November 18, 2025, Mangal Credit is fairly valued with a PE ratio of 31.05, an EV to EBIT of 14.30, and a Price to Book Value of 2.42, outperforming the Sensex with a year-to-date return of 19.43%.

As of 18 November 2025, Mangal Credit's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 31.05, an EV to EBIT of 14.30, and a Price to Book Value of 2.42. <BR><BR>In comparison to its peers, Mangal Credit's PE ratio is lower than Bajaj Finance's 34.46 but higher than Life Insurance's 11.34, while its EV to EBITDA is also more favorable than Bajaj Finserv's 13.23. Notably, Mangal Credit has shown strong performance with a year-to-date return of 19.43%, significantly outperforming the Sensex's 8.36% during the same period, reinforcing its valuation story.

How has been the historical performance of Mangal Credit?

Mangal Credit's historical performance has been volatile, with net sales declining from INR 237.78 crore in March 2015 to INR 99.20 crore in March 2019, while operating profit increased to INR 26.22 crore in March 2019. Overall, the company experienced fluctuations in revenues and profits, alongside a decrease in total assets and liabilities during the same period.

Answer:<BR>The historical performance of Mangal Credit shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Mangal Credit's net sales have seen a decline from INR 237.78 crore in March 2015 to INR 99.20 crore in March 2019, with a peak in March 2016 at INR 143.41 crore. Total operating income followed a similar trend, peaking in March 2015 and dropping to INR 99.20 crore in March 2019. The total expenditure, excluding depreciation, decreased from INR 212.79 crore in March 2015 to INR 79.13 crore in March 2019. Operating profit (PBDIT) has shown some resilience, increasing from INR 14.28 crore in March 2014 to INR 26.22 crore in March 2019, despite fluctuations in other years. Profit before tax peaked at INR 12.05 crore in March 2018 but fell to INR 10.48 crore in March 2019, while profit after tax also decreased from INR 9.41 crore in March 2018 to INR 7.55 crore in March 2019. The company's total assets decreased from INR 267.47 crore in March 2015 to INR 205.20 crore in March 2019, with total liabilities also declining from INR 302.82 crore in March 2014 to INR 205.20 crore in March 2019. Cash flow from operating activities showed a positive trend in March 2018 at INR 31.42 crore but dropped to INR 1.00 crore in March 2019, while net cash inflow increased to INR 12.00 crore in March 2019. Overall, Mangal Credit's financial performance reflects significant volatility, with both revenues and profits experiencing ups and downs over the years.

What is the technical trend for Mangal Credit?

As of May 19, 2025, Mangal Credit's technical trend is bullish, supported by positive MACD and moving averages, though caution is advised due to a bearish monthly RSI and mildly bearish weekly KST.

As of 19 May 2025, the technical trend for Mangal Credit has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. The daily moving averages also indicate a bullish stance. However, the monthly RSI shows a bearish signal, which could suggest some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, while the KST is mildly bearish weekly but bullish monthly. Dow Theory confirms a bullish trend in both weekly and monthly perspectives. Overall, the current technical stance is bullish, but the strength is tempered by the bearish monthly RSI and the mildly bearish weekly KST.

Who are the top shareholders of the Mangal Credit?

The top shareholders of Mangal Credit include promoter Meghraj Sohanlal Jain with 24.47% and public shareholder E Ally Consulting India Private Limited with 8.59%. Individual investors hold a combined 24.75%, and there are no pledged promoter holdings.

The top shareholders of Mangal Credit include Meghraj Sohanlal Jain, who is the promoter with the highest holding at 24.47%. Additionally, E Ally Consulting India Private Limited is the highest public shareholder, holding 8.59%. Individual investors collectively hold 24.75% of the shares. There are currently no pledged promoter holdings, and the company is held by two foreign institutional investors, although their combined stake is negligible at 0.0%.

What is the bonus history of the Mangal Credit?

Mangal Credit issued a 5:1 bonus on December 17, 2015, granting shareholders five additional shares for every one share held, with a record date of December 19, 2015, to qualify for the bonus.

Mangal Credit has a bonus history that includes a significant bonus issue announced on December 17, 2015. The company issued a 5:1 bonus, meaning that shareholders received five additional shares for every one share they held. The record date for this bonus was December 19, 2015, which is when shareholders needed to be on the company's books to qualify for the bonus shares.

Has Mangal Credit declared dividend?

Mangal Credit & Fincorp Ltd has declared a 6% dividend, amounting to 0.6 per share, with an ex-date of September 17, 2024. The company has shown significant price growth over the years, with total returns reaching 422.65% over five years.

Mangal Credit & Fincorp Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: 17 Sep 2024<BR><BR>Dividend Yield: 0.3%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 33.17%, with a dividend return of 0%, resulting in a total return of 33.17%.<BR><BR>Over the past year, the price return was 85.55%, with a dividend return of 0.57%, leading to a total return of 86.12%.<BR><BR>In the two-year period, the price return was 82.75%, with a dividend return of 0.98%, culminating in a total return of 83.73%.<BR><BR>For the three-year period, the price return was 68.68%, with a dividend return of 1.38%, resulting in a total return of 70.06%.<BR><BR>In the four-year period, the price return was 219.7%, with a dividend return of 3.48%, leading to a total return of 223.18%.<BR><BR>Finally, over the five years, the price return was 415.69%, with a dividend return of 6.96%, culminating in a total return of 422.65%.<BR><BR>Overall, Mangal Credit has declared a dividend, which contributes to its total returns, showing significant growth over the years, particularly in price returns, while the dividend returns have gradually increased as well.