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BSE · 531515

Mahan Industries Ltd.

GSM · GSM 4
11.63
₹5 Cr market cap
P/E
116.3
EPS
₹0.1
Book value
₹11.58
ROE
88.53%
ROCE
1.09%
Debt / equity
0.85

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

00.541.091.632.17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹2 Cr with net profit ₹-0 Cr — a -6.31% net margin, versus -7.02% the period before.

Shareholding

As of 2026-06-30

1.16%
promoter holding
  • Promoter1.16%
  • Public98.84%

8,088 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

1.48%1.16%Dec 24Jun 26

52-week position

Where the current price sits in its yearly band

7.9111.6311.63

The band spans 1.47× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — GSM · GSM 4. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Finance & Investments · ranked #519 of 600 by market cap · medians across 50 industry peers

P/E
116.3vs 65.24 peer med
P/B
1vs 3.29 peer med
ROE %
88.53vs 12.8 peer med
Margin %
68.38vs 14.14 peer med
CompanyMkt capP/EP/BROEMargin
Bajaj Finance Limited₹6,52,044 Cr119.155.7116.68%23.34%
Life Insurance Corporation of India₹5,34,462 Cr9.33.0132.53%10.69%
Bajaj Finserv Ltd.₹3,05,209 Cr119.933.9112.58%6.58%
Shriram Finance Limited₹2,41,460 Cr21.332.2915.21%22.94%
Jio Financial Services Ltd.₹1,63,137 Cr574.561.171.17%0.44%
Tata Capital Limited₹1,53,006 Cr28.143.4210.57%16.53%
Cholamandalam Investment & Finance Company Ltd.₹1,50,520 Cr91.344.9417.18%16.84%
Bajaj Holdings & Investment Ltd.₹1,21,755 Cr47.281.6611.33%0.95%
Muthoot Finance Limited₹1,20,710 Cr11.43.0827.06%33.93%
Billionbrains Garage Ventures Ltd.₹1,20,453 Cr172.9712.4121.58%44.85%
Mahan Industries Ltd.(this company)₹5 Cr116.310.89%0.68%

AI analysis

AI-generated · google/gemini-2.5-flash

Mahan Industries Ltd. (531515) has a market capitalization of Rs 5 Cr. The company's EPS is 0.1, with a PE ratio of 116.3 and a book value of 11.58. It has a debt-to-equity ratio of 0.85 and a profit margin of 68.38%. The 52-week high for the share price was 11.63, and the low was 7.91.

Positives

  • +The number of shareholders has increased from 4032 in June 2018 to 8236 in March 2026.
  • +The debt-to-equity ratio is 0.85.

Negatives

  • The company has reported net losses for five consecutive financial years, recording -3.22 Cr in Mar 2021, -0.16 Cr in Mar 2022, -0.02 Cr in Mar 2023, -0.05 Cr in Mar 2024, and -0.14 Cr in Mar 2025.
  • Promoter holding is low at 1.16%.
  • The company is under GSM 4 surveillance, indicating potential concerns.
  • The company did not propose any dividend, resulting in a dividend yield of 0%.
  • No DII or FII holding was reported as of March 31, 2026 (0% each).

Financial Performance

Mahan Industries Ltd. has reported varying annual revenues over the last five years. Revenue increased from 0.33 Cr in Mar 2021 to 0.72 Cr in Mar 2022, then to 1.17 Cr in Mar 2023. It subsequently decreased to 0.71 Cr in Mar 2024 before increasing to 2.17 Cr in Mar 2025. The company recorded net losses in all these years, including -3.22 Cr in Mar 2021, -0.16 Cr in Mar 2022, -0.02 Cr in Mar 2023, -0.05 Cr in Mar 2024, and -0.14 Cr in Mar 2025.

Profitability & Returns

The company's profitability, as indicated by Net Profit After Tax (NPAT), shows losses across the past five financial years. EPS was -0.89 in Mar 2021, -0.05 in Mar 2022, -0.01 in Mar 2023, -0.01 in Mar 2024, and -0.3 in Mar 2025. The company's RoCE is 1.09%, while RoE is 88.53%.

Balance Sheet

Mahan Industries Ltd. has a debt-to-equity ratio of 0.85, indicating a moderate level of debt relative to equity. The company's book value per share stands at 11.58. The company has no reported dividend yield (0%).

Ownership & Pledges

Promoter holding is 1.16%. There is no promoter pledged shareholding (0%). There is no FII or DII holding (0% each) as of March 31, 2026. The number of shareholders increased from 4032 in June 2018 to 8236 in March 2026.

Regulatory & Surveillance

Mahan Industries Ltd. is currently under surveillance. The company is listed under GSM · GSM 4, with measures indicating its inclusion in the Graded Surveillance Measure list.

Data as of — price: 2026-07-30 · financials: Mar 25 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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