Mega Fin (India)

When is the next results date for Mega Fin (India)?

No Upcoming Board Meetings

What is the technical trend for Mega Fin (India)?

As of May 19, 2025, Mega Fin (India) shows a mildly bullish trend, supported by daily moving averages and Dow Theory, with the stock at a 52-week high of 16.64 compared to the previous close of 15.10.

As of 19 May 2025, the technical trend for Mega Fin (India) has changed from does not qualify to mildly bullish. The daily moving averages indicate a bullish stance, while the weekly and monthly Dow Theory also support a bullish outlook. However, the MACD, RSI, and other indicators do not provide sufficient data to assess their current status. The stock is currently at its 52-week high of 16.64, reflecting a strong performance relative to the previous close of 15.10. Overall, the technical stance is mildly bullish, driven primarily by the bullish daily moving averages and the supportive Dow Theory.

How has been the historical performance of the Mega Fin (India)?

Mega Fin (India) has shown a positive historical performance, with net sales rising from Rs 0.00 crore in Mar'19 to Rs 0.30 crore in Mar'25, and profitability improving significantly, including a profit after tax of Rs 0.23 crore in Mar'25 compared to a loss in Mar'19. Key metrics like operating profit margin and EPS also demonstrated substantial growth during this period.

Answer:<BR>The historical performance of Mega Fin (India) shows a gradual increase in net sales and profitability over the years, with a notable improvement in recent periods.<BR><BR>Breakdown:<BR>From Mar'19 to Mar'25, Mega Fin (India) experienced a steady rise in net sales, increasing from Rs 0.00 crore in Mar'19 to Rs 0.30 crore in Mar'25. Total operating income followed a similar trend, reaching Rs 0.30 crore in Mar'25, up from Rs 0.00 crore in Mar'19. The company reported an operating profit (PBDIT) of Rs 0.27 crore in Mar'25, a significant increase from a loss of Rs 0.21 crore in Mar'19. Profit before tax also improved, reaching Rs 0.27 crore in Mar'25 compared to a loss of Rs 0.00 crore in Mar'19. Consequently, profit after tax rose to Rs 0.23 crore in Mar'25, up from a loss of Rs 0.00 crore in Mar'19. The earnings per share (EPS) increased to Rs 0.28 in Mar'25 from Rs -0.09 in Mar'20. The operating profit margin and profit after tax margin also showed significant improvement, reaching 90.0% and 76.67%, respectively, in Mar'25. Overall, the financial metrics indicate a positive trend in Mega Fin (India)'s performance, highlighting its recovery and growth in profitability over the years.

Is Mega Fin (India) overvalued or undervalued?

As of June 10, 2025, Mega Fin (India) is considered very expensive and overvalued with a PE ratio of 13.60, compared to its peers, and its stock performance has lagged behind the Sensex's 7.72% return over the past year.

As of 10 June 2025, the valuation grade for Mega Fin (India) has moved from risky to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 13.60, an EV to EBIT of 13.70, and a Price to Book Value of 6.02, which suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Mega Fin stands out as very expensive, while Life Insurance is rated fair with a PE ratio of 12.4, and Bajaj Finance is also very expensive with a PE of 35.47. This stark contrast highlights that Mega Fin's valuation is not justified when placed alongside its competitors. Additionally, the company's stock performance has not kept pace with the Sensex, which has shown a return of 7.72% over the past year, further reinforcing the notion that Mega Fin is overvalued.

Who are in the management team of Mega Fin (India)?

As of March 2022, the management team of Mega Fin (India) includes Ajay S Mittal and Shweta Phanse as Directors, Archana Maheshwari and Hema Shah as Independent Directors, and Pooja Agarwal as Company Secretary & Compliance Officer.

As of March 2022, the management team of Mega Fin (India) includes the following individuals:<BR><BR>1. Ajay S Mittal - Director<BR>2. Shweta Phanse - Director<BR>3. Archana Maheshwari - Independent Director<BR>4. Hema Shah - Independent Director<BR>5. Pooja Agarwal - Company Secretary & Compliance Officer<BR><BR>These members form the core management and governance structure of the company.

What does Mega Fin (India) do?

Mega Fin (India) Ltd is a micro-cap NBFC that provides short-term and long-term loans and financial services. As of March 2025, it reported net sales of 3 Cr and a net profit of 2 Cr, with a market cap of INR 16 Cr.

Overview: <BR>Mega Fin (India) Ltd is a micro-cap company in the finance/NBFC industry, specializing in providing short-term and long-term loans and credits, along with various financial services.<BR><BR>History: <BR>The company was incorporated on 19 May 1982 as a public limited company. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap: INR 16 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.05 <BR>Return on Equity: 10.18% <BR>Price to Book: 6.96 <BR><BR>Contact Details: <BR>Address: 17th Floor A-Wing Mittal Tower, Nariman Point Mumbai Maharashtra : 400021 <BR>Email: info@megafinindia.com <BR>Website: http://www.megafinindia.com

Who are the top shareholders of the Mega Fin (India)?

The top shareholders of Mega Fin (India) include Sunwell Farm Pvt Ltd with 27.52%, promoter Ajay Shankarlal Mittal with 9.65%, and individual investors holding 25.43%. There are no pledged promoter holdings or foreign institutional investors, and only one mutual fund scheme holds 0.24%.

The top shareholders of Mega Fin (India) include Sunwell Farm Pvt Ltd, which holds the largest stake at 27.52%. The promoter with the highest holding is Ajay Shankarlal Mittal, who owns 9.65%. Additionally, individual investors collectively hold 25.43% of the shares. There are no pledged promoter holdings or foreign institutional investors (FIIs) involved in the company. The only mutual fund investment comes from one scheme, which holds 0.24%.

Which are the latest news on Mega Fin (India)?

Why is Mega Fin (India) Ltd falling/rising?

As of 12-Feb, the stock price of Mega Fin (India) Ltd is at 33.63, unchanged from the previous session, but has declined 4.97% over the past week, indicating a negative trend and lack of investor interest. The stock has underperformed its sector and experienced erratic trading, contributing to downward pressure on its price.

As of 12-Feb, the stock price of Mega Fin (India) Ltd is currently at 33.63, showing no change from the previous trading session. However, the stock has experienced a decline of 4.97% over the past week, which indicates a negative trend. This decline is further emphasized by the fact that the stock opened with a loss of 4.97% today and touched an intraday low of Rs 33.63, suggesting a lack of upward momentum.<BR><BR>Additionally, the stock has underperformed its sector by 6.27% today, which could contribute to investor sentiment leaning towards selling rather than buying. There has also been erratic trading, with the stock not trading on 5 out of the last 20 days, indicating a lack of consistent investor interest. Furthermore, delivery volume has decreased significantly, with a drop of 44.44% against the 5-day average, reflecting falling investor participation.<BR><BR>Despite trading above its moving averages, the overall performance today and the recent trends suggest that Mega Fin (India) Ltd is currently facing downward pressure in its stock price.