MCON Rasayan

When is the next results date for MCON Rasayan?

No Upcoming Board Meetings

Has MCON Rasayan declared dividend?

No Dividend History Available

Who are the peers of the MCON Rasayan?

MCON Rasayan's peers include Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, Sirca Paints, Shalimar Paints, Kamdhenu Venture, and Retina Paints. In terms of management risk, growth, and capital structure, MCON Rasayan shows average performance, with a 1-year return of 0.00%.

Peers: The peers of MCON Rasayan are Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, Sirca Paints, Shalimar Paints, Kamdhenu Venture, and Retina Paints.<BR><BR>Quality Snapshot: Excellent management risk is observed at Asian Paints, Berger Paints, and Akzo Nobel, while Good management risk is found at Kansai Nerolac and Indigo Paints. Average management risk is noted at Sirca Paints and MCON Rasayan, and Below Average management risk is present at Shalimar Paints and Kamdhenu Venture. Retina Paints does not qualify. In terms of growth, Excellent growth is seen at MCON Rasayan and Sirca Paints, Average growth is noted at Asian Paints, Berger Paints, and the rest, while Below Average growth is observed at Kansai Nerolac, Akzo Nobel, Indigo Paints, Shalimar Paints, and Kamdhenu Venture. Retina Paints does not qualify. For capital structure, Excellent capital structure is found at Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, and Kamdhenu Venture, while MCON Rasayan and Shalimar Paints have Below Average capital structure, and Sirca Paints has Average capital structure. Retina Paints does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Akzo Nobel at 29.49%, while Kamdhenu Venture has the lowest at -66.20%. MCON Rasayan's 1-year return is 0.00%, which is significantly lower than Akzo Nobel's but higher than Kamdhenu Venture's. Additionally, the six-month return is negative for Kamdhenu Venture, Shalimar Paints, and Indigo Paints.

What is the technical trend for MCON Rasayan?

As of May 26, 2025, MCON Rasayan's technical trend is mildly bearish, indicated by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish weekly RSI and KST.

As of 26 May 2025, the technical trend for MCON Rasayan has changed from sideways to mildly bearish. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands indicate a bearish stance. Daily moving averages also confirm a bearish trend. Although the weekly RSI is bullish, it is not strong enough to counteract the overall bearish indicators. The KST shows a mildly bullish signal on the weekly, while the Dow Theory indicates a mildly bullish trend, but this is overshadowed by the bearish signals from other indicators. The OBV is mildly bearish on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the bearish MACD, moving averages, and Bollinger Bands.

Who are in the management team of MCON Rasayan?

As of March 2022, the management team of MCON Rasayan includes Mahesh Ravji Bhanushali (Managing Director), Puja Mahesh Bhanushali (Director), Chetan Ravji Bhanushali and Nandan Dilip Pradhan (Whole-time Directors), along with several Independent Directors and a Company Secretary.

As of March 2022, the management team of MCON Rasayan includes the following individuals:<BR><BR>1. Mahesh Ravji Bhanushali - Managing Director<BR>2. Puja Mahesh Bhanushali - Director<BR>3. Chetan Ravji Bhanushali - Whole-time Director<BR>4. Nandan Dilip Pradhan - Whole-time Director<BR>5. Tapas Bimal Majumdar - Independent Director<BR>6. Dilip Mangilal Jain - Independent Director<BR>7. Dhara Haresh Thakkar - Independent Director<BR>8. Sonal Alok Doshi - Independent Director<BR>9. Kunal Ashok Borkar - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of managing, whole-time, and independent directors, along with a compliance officer.

What does MCON Rasayan do?

MCON Rasayan India Ltd is a micro-cap company in the paints industry, with recent net sales of ₹65 crore and a net profit of ₹2 crore as of June 2022. It has a market cap of ₹77 crore and key financial metrics include a P/E ratio of 33.00 and a debt-equity ratio of 0.97.

Overview:<BR>MCON Rasayan India Ltd operates in the paints industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as MCON Rasayan Private Limited in 2016. It changed its name to MCON Rasayan India Private Limited on October 17, 2022. The latest quarterly results reported net sales and net profit for June 2022.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 65 Cr (Quarterly Results - Jun 2022) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Jun 2022) <BR>Market-cap value: INR 77 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 33.00 <BR>Industry P/E: 53 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.97 <BR>Return on Equity: 14.50% <BR>Price to Book: 4.92 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the MCON Rasayan?

The top shareholders of MCON Rasayan include Mahesh Ravji Bhanushali with 47.76%, three Foreign Institutional Investors holding 4.12%, and Antara India Evergreen Fund Ltd at 2.39%. Individual investors own 30.11%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of MCON Rasayan include the promoters, with Mahesh Ravji Bhanushali holding the largest share at 47.76%. Additionally, there are three Foreign Institutional Investors (FIIs) who collectively hold 4.12% of the company's shares. The highest public shareholder is Antara India Evergreen Fund Ltd, which holds 2.39%. Individual investors also have a significant presence, owning 30.11% of the company. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

How big is MCON Rasayan?

As of 24th July, MCON Rasayan India Ltd has a market capitalization of 72.00 Cr, with recent net sales of 6.54 Cr and a net profit of 0.23 Cr for the quarter ending June 2022. The latest balance sheet as of March 2024 shows shareholder's funds of 15.66 Cr and total assets of 45.62 Cr.

As of 24th July, MCON Rasayan India Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending June 2022, MCON Rasayan reported Net Sales of 6.54 Cr and a Net Profit of 0.23 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 15.66 Cr and Total Assets of 45.62 Cr.

Is MCON Rasayan overvalued or undervalued?

As of November 10, 2025, MCON Rasayan is considered expensive but still overvalued, with a PE ratio of 20.66, an EV to EBITDA of 11.12, and a ROCE of 7.80%, while significantly underperforming year-to-date with a return of -69.52% compared to the Sensex's 8.16%.

As of 10 November 2025, MCON Rasayan's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. Despite this change, the company is still considered overvalued. Key ratios include a PE ratio of 20.66, an EV to EBITDA of 11.12, and a ROCE of 7.80%. <BR><BR>When compared to peers, MCON Rasayan's PE ratio is significantly lower than Asian Paints at 66.03 and Berger Paints at 56.44, both of which are categorized as expensive and fair, respectively. This suggests that while MCON Rasayan may be expensive, it is not as highly valued as some of its competitors. Additionally, the company's stock has underperformed significantly year-to-date, with a return of -69.52% compared to the Sensex's 8.16%, reinforcing the notion that MCON Rasayan is overvalued in the current market context.

How has been the historical performance of MCON Rasayan?

MCON Rasayan has shown significant growth from Mar'21 to Mar'25, with net sales and total operating income increasing from 8.98 Cr to 50.75 Cr, while operating profit rose to 6.55 Cr despite a slight decline in profit margins. Total assets grew from 7.74 Cr to 70.63 Cr, and cash flow from operating activities turned positive in Mar'24.

Answer:<BR>The historical performance of MCON Rasayan shows a significant upward trend in net sales, increasing from 8.98 Cr in Mar'21 to 50.75 Cr in Mar'25. Total operating income followed a similar trajectory, reaching 50.75 Cr in Mar'25, up from 8.98 Cr in Mar'21. The company's total expenditure also rose, from 8.07 Cr in Mar'21 to 44.89 Cr in Mar'25, reflecting increased operational costs. Operating profit (PBDIT) improved from 0.91 Cr in Mar'21 to 6.55 Cr in Mar'25, although the operating profit margin decreased slightly from 10.13% in Mar'21 to 11.55% in Mar'25. Profit before tax peaked at 2.69 Cr in Mar'25, while profit after tax was 2.27 Cr, indicating a steady growth in profitability. The company's total assets grew significantly from 7.74 Cr in Mar'20 to 70.63 Cr in Mar'25, with total liabilities also increasing from 7.74 Cr to 70.63 Cr during the same period. Cash flow from operating activities showed a positive trend in Mar'24 at 3.00 Cr, contrasting with negative cash flows in previous years.<BR><BR>Breakdown:<BR>MCON Rasayan's financial performance has demonstrated robust growth over the years, particularly in net sales and total operating income, which surged from 8.98 Cr in Mar'21 to 50.75 Cr in Mar'25. This growth in revenue was accompanied by a rise in total expenditure, which increased from 8.07 Cr to 44.89 Cr, reflecting the company's expansion efforts. Operating profit also saw a notable increase, climbing to 6.55 Cr in Mar'25, although the operating profit margin experienced a slight decline. Profit before tax reached 2.69 Cr, with profit after tax at 2.27 Cr, showcasing the company's improving profitability. The total assets of MCON Rasayan expanded significantly from 7.74 Cr to 70.63 Cr, indicating strong asset accumulation, while total liabilities mirrored this growth. Additionally, the cash flow from operating activities turned positive in Mar'24, marking a shift towards improved cash management.

Which are the latest news on MCON Rasayan?

Why is MCON Rasayan India Ltd falling/rising?

As of 12-Feb, MCON Rasayan India Ltd's stock price is at Rs. 46.85, reflecting a significant decline of 69.76% over the past year. The stock is currently trading below its moving averages and has reached a new 52-week low, indicating a bearish trend despite increased investor participation.

As of 12-Feb, MCON Rasayan India Ltd's stock price is falling, currently at Rs. 46.85, which reflects a decrease of Rs. 2.15 or 4.39%. This decline is evident in the stock's performance over various periods, showing a significant drop of 13.40% over the past week and 25.40% over the past month. Year-to-date, the stock has decreased by 21.39%, and over the past year, it has plummeted by 69.76%, while the benchmark Sensex has shown a positive return of 11.98% during the same period.<BR><BR>Today, the stock reached a new 52-week low of Rs. 46.55, indicating ongoing downward pressure. Additionally, MCON Rasayan is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Although there has been a rise in investor participation, with a 33.33% increase in delivery volume compared to the 5-day average, this has not been sufficient to counteract the overall negative performance of the stock. Furthermore, the stock has underperformed its sector by 4.92% today, contributing to the downward movement in its price.