Mangal Credit

{
  "main_header": {
    "sid": 234922,
    "name": "Mangal Credit",
    "stock_name": "Mangal Credit",
    "full_name": "Mangal Credit & Fincorp Ltd",
    "name_url": "stocks-analysis/mangal-credit",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "172.25",
    "chg": 1.35,
    "chgp": "0.79%",
    "dir": 1,
    "prev_price": "170.90",
    "mcapval": "362.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 505850,
    "symbol": "MANCREDIT",
    "ind_name": "Non Banking Financial Company (NBFC)",
    "ind_code": 5,
    "indexname": "India SENSEX",
    "isin": "INE545L01039",
    "curr_date": "Apr 17",
    "curr_time": "",
    "bse_nse_vol": "39.19 k",
    "exc_status": "Active",
    "traded_date": "Apr 17, 2026",
    "traded_date_str": "2026 04 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/mangal-credit-234922-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "Mangal Credit & Fincorp Falls 5.37%: Valuation and Technical Concerns Weigh on Stock",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-credit-fincorp-falls-537-valuation-and-technical-concerns-weigh-on-stock-3953111",
        "imagepath": "",
        "date": "2026-04-19 12:00:43",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>13 Apr:</strong> Stock opens at Rs.174.75, down 2.24%</p>\n                    <p><strong>14 Apr:</strong> Downgrade to Strong Sell by MarketsMOJO announced</p>\n                    <p><strong>15 Apr:</strong> Valuation concerns highlighted amid expensive multiples</p>\n                    <p><strong>17 Apr:</strong> Week closes at Rs.169.15, down 1.02% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.174.75</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.169.15</div><div cl..."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd Valuation Shifts Signal Price Attractiveness Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-credit-fincorp-ltd-valuation-shifts-signal-price-attractiveness-concerns-3946384",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MangalCreditFin_valuationdot_3946384.png",
        "date": "2026-04-15 08:00:24",
        "description": "Mangal Credit & Fincorp Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen a notable shift in its valuation parameters, moving from a fair to an expensive rating. This change comes amid mixed sectoral trends and evolving investor sentiment, prompting a reassessment of the stock’s price attractiveness relative to its historical averages and peer group."
      },
      {
        "title": "Mangal Credit & Fincorp Downgraded to Strong Sell Amid Valuation and Technical Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-downgraded-to-strong-sell-amid-valuation-and-technical-concerns-3945157",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MangalCreditFin_mojoScore_3945157.png",
        "date": "2026-04-14 08:08:40",
        "description": "Mangal Credit & Fincorp Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen its investment rating downgraded from Sell to Strong Sell as of 13 Apr 2026. This shift reflects a combination of deteriorating technical indicators, expensive valuation metrics, and subdued financial trends despite some positive quarterly results. The downgrade highlights growing investor caution amid mixed signals across quality, valuation, financial performance, and technical analysis parameters."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-ltd-is-rated-sell-3932879",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MangalCreditFin_mojoScore_3932879.png",
        "date": "2026-04-04 10:10:35",
        "description": "Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 04 April 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-ltd-is-rated-sell-3909641",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/MangalCreditFin_mojoScore_3909641.png",
        "date": "2026-03-24 10:10:41",
        "description": "Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 March 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-ltd-is-rated-sell-3886570",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/MangalCreditFin_mojoScore_3886570.png",
        "date": "2026-03-12 10:10:52",
        "description": "Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 12 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-ltd-is-rated-sell-3862938",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/MangalCreditFin_mojoScore_3862938.png",
        "date": "2026-03-01 10:10:35",
        "description": "Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Mangal Credit & Fincorp Ltd Upgraded to Sell on Technical Improvements and Valuation Assessment",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-credit-fincorp-ltd-upgraded-to-sell-on-technical-improvements-and-valuation-assessment-3845169",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MangalCreditFin_mojoScore_3845169.png",
        "date": "2026-02-18 08:04:58",
        "description": "Mangal Credit & Fincorp Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 17 Feb 2026, driven primarily by a shift in technical indicators despite ongoing fundamental weaknesses. The company’s technical grade improved from bearish to mildly bearish, reflecting a more stable price momentum, while valuation and financial trends remain mixed. This nuanced change highlights the complex interplay between market sentiment and underlying business performance in the NBFC sector."
      },
      {
        "title": "Are Mangal Credit & Fincorp Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-mangal-credit-fincorp-ltd-latest-results-good-or-bad-3831450",
        "imagepath": "",
        "date": "2026-02-10 19:22:40",
        "description": "Mangal Credit & Fincorp Ltd's latest financial results for Q3 FY26 highlight a significant operational performance, achieving record highs in both net sales and net profit. The company reported net sales of ₹18.31 crores, marking a 15.74% quarter-over-quarter growth, and a net profit of ₹3.83 crores, which reflects a 28.52% increase from the previous quarter. The operating profit margin stood at an impressive 77.55%, indicating effective cost management and operational efficiency.\n\nDespite these strong operational metrics, the company faces challenges regarding capital efficiency, as evidenced by an average return on equity (ROE) of 7.42%, which is below the typical benchmark for financial services companies. This suggests that while Mangal Credit is generating revenue, it is not effectively converting equity into profit, raising concerns about the sustainability of its growth.\n\nThe company has also experie..."
      }
    ],
    "total": 582,
    "sid": "234922",
    "stock_news_url": "https://www.marketsmojo.com/news/mangal-credit-fincorp-234922"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "15-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Mangal Credit and Fincorp Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L65990MH1961PLC012227</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>332.73</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>BBB</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CRISIL LTD.</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: Chirag Narendra Parmar <br/> Designation: Company Secretary and Compliance Officer <br/> EmailId: compliance@mangalfincorp.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: Nilesh Jain <br/> Designation: Executive Director and Chief Financial Officer <br/> EmailId: nilesh@mangalfincorp.com</div> </div> <div> <br/> Date: 15/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "07-Apr-2026",
      "details": "Enclosed herewith Compliance Certificate issued under Regulation 74 (5) of SEBI (DP) Regulations 2018.",
      "source": "BSE"
    },
    {
      "caption": "Intimation For Opening Of New Branch In The State Of Rajasthan (Bhilwara).",
      "datetime": "07-Apr-2026",
      "details": "Enclosed herewith intimation for opening of new branch in accordance with Regulation 30 read with Regulation 51 of the SEBI (LODR) Regulations 2015.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Mangal Credit & Fincorp Ltd has declared <strong>7%</strong> dividend, ex-date: 17 Sep 25",
          "dt": "2025-09-17",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Mangal Credit & Fincorp Ltd has announced <strong>10:1</strong> stock split, ex-date: 26 Nov 18",
          "dt": "2018-11-26",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Mangal Credit & Fincorp Ltd has announced <strong>5:1</strong> bonus issue, ex-date: 17 Dec 15",
          "dt": "2015-12-17",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Mangal Credit & Fincorp Falls 5.37%: Valuation and Technical Concerns Weigh on Stock

2026-04-19 12:00:43

Key Events This Week

13 Apr: Stock opens at Rs.174.75, down 2.24%

14 Apr: Downgrade to Strong Sell by MarketsMOJO announced

15 Apr: Valuation concerns highlighted amid expensive multiples

17 Apr: Week closes at Rs.169.15, down 1.02% on the day

Week Open

Rs.174.75

Week Close

Rs.169.15

Read full news article

Mangal Credit & Fincorp Ltd Valuation Shifts Signal Price Attractiveness Concerns

2026-04-15 08:00:24

Mangal Credit & Fincorp Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen a notable shift in its valuation parameters, moving from a fair to an expensive rating. This change comes amid mixed sectoral trends and evolving investor sentiment, prompting a reassessment of the stock’s price attractiveness relative to its historical averages and peer group.

Read full news article

Mangal Credit & Fincorp Downgraded to Strong Sell Amid Valuation and Technical Concerns

2026-04-14 08:08:40

Mangal Credit & Fincorp Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen its investment rating downgraded from Sell to Strong Sell as of 13 Apr 2026. This shift reflects a combination of deteriorating technical indicators, expensive valuation metrics, and subdued financial trends despite some positive quarterly results. The downgrade highlights growing investor caution amid mixed signals across quality, valuation, financial performance, and technical analysis parameters.

Read full news article

Mangal Credit & Fincorp Ltd is Rated Sell

2026-04-04 10:10:35

Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 04 April 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Mangal Credit & Fincorp Ltd is Rated Sell

2026-03-24 10:10:41

Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 24 March 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Mangal Credit & Fincorp Ltd is Rated Sell

2026-03-12 10:10:52

Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 12 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Mangal Credit & Fincorp Ltd is Rated Sell

2026-03-01 10:10:35

Mangal Credit & Fincorp Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 17 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Mangal Credit & Fincorp Ltd Upgraded to Sell on Technical Improvements and Valuation Assessment

2026-02-18 08:04:58

Mangal Credit & Fincorp Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 17 Feb 2026, driven primarily by a shift in technical indicators despite ongoing fundamental weaknesses. The company’s technical grade improved from bearish to mildly bearish, reflecting a more stable price momentum, while valuation and financial trends remain mixed. This nuanced change highlights the complex interplay between market sentiment and underlying business performance in the NBFC sector.

Read full news article

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

2026-02-10 19:22:40

Mangal Credit & Fincorp Ltd's latest financial results for Q3 FY26 highlight a significant operational performance, achieving record highs in both net sales and net profit. The company reported net sales of ₹18.31 crores, marking a 15.74% quarter-over-quarter growth, and a net profit of ₹3.83 crores, which reflects a 28.52% increase from the previous quarter. The operating profit margin stood at an impressive 77.55%, indicating effective cost management and operational efficiency. Despite these strong operational metrics, the company faces challenges regarding capital efficiency, as evidenced by an average return on equity (ROE) of 7.42%, which is below the typical benchmark for financial services companies. This suggests that while Mangal Credit is generating revenue, it is not effectively converting equity into profit, raising concerns about the sustainability of its growth. The company has also experie...

Read full news article

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