Mangalam Industrial Finance (BSE: MANGIND) is loss-making over the last 12 months, losing ₹0.06 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹0.44, 79% below its 52-week high. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 1.05× book value. It is a small-cap company with a market cap of ₹63 Cr, ranked 100th of 193 Credit Services companies by market cap; the shares fell 73% over the past year.
- ₹0.44
- ₹0.46
- ₹0.42
- ₹0.44
- 21.5 L
Health check
- ReturnsBehind
−73.2% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityNegative
ROE -1.9% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹63 Cr
- Small cap
- P/E
- n/a
- Industry 15.5
- Price to book
- 1.05
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- −1.9%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹0.00
- OPM (TTM)
- −17.7%
- Net margin −0.2%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +276.8%
- Latest quarter vs a year ago
- Price to sales
- 2.42
Strengths and risks
Strengths
- Quarterly profit up 276.8% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −1.9%.
- 79% below its 52-week high.
About Mangalam Industrial Finance
Mangalam Industrial Finance Limited, a non-banking financial company, engages in investing and financing business in India. The company offers financial solutions for the purchase of electric two-wheelers. It also provides personal, business, and professional loans. The company was incorporated in 1983 and is based in Vadodara, India.
- Headquarters
- Vadodara
- Sector
- Financial Services
- ISIN
- INE717C01025
- Website
- miflindia.com
Price range
- Avg volume (3M)
- 33.1 L
- 1-year return
- minus 73.2%
- From 52-week high
- minus 78.8%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| MANGINDMangalam Industrial Finance | 0.44 | 0.00% | 63 | – | 1.05 | −1.9% | – | – | 0.00% | minus 73.2% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.9 | 0.9 | 0.8 | 19.4 | 3.9 | |
| 0.3 | 0.6 | 5.4 | 21.4 | 2 | |
| 0.6 | 0.3 | −4.6 | −2 | 1.9 | |
| 62.6% | 33.9% | −575.2% | −10.4% | 48.4% | |
| −0 | 0.3 | 4.6 | 0 | 0 | |
| 0.1 | – | – | – | 0.2 | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | – | – | 0.1 | |
| 0.5 | 0.5 | 0 | −2 | 1.7 | |
| 25.8% | 25.8% | 36.3% | 13.1% | 25.9% | |
| 0.3 | 0.4 | 0 | −1.8 | 1.3 | |
| 0.00 | 0.00 | – | -0.01 | 0.01 |
Profit & loss
- ROE
- −1.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.3 | 2.6 | 3.6 | 26.8 | |
| – | +96.7% | +36.2% | +653.3% | |
| 6.1 | 2.3 | 1.5 | 27.8 | |
| −4.8 | 0.3 | 2.1 | −1 | |
| −359.1% | 11.2% | 57.9% | −3.6% | |
| 0 | 0.1 | −0 | 0 | |
| 0.1 | 0 | – | – | |
| 0 | 0 | 0 | 0 | |
| – | −0.1 | – | – | |
| −4.9 | 0.3 | 2 | −1 | |
| −2.4% | 26.8% | 38.9% | 0.4% | |
| −5 | 0.2 | 1.2 | −1 | |
| – | – | +556.3% | minus 181.4% | |
| -0.04 | 0.00 | 0.01 | -0.01 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 96.2 | 96.2 | 96.2 | 143 | |
| −67.8 | −67.6 | −66.7 | −68.3 | |
| 0.3 | 0.3 | 0.9 | 1.7 | |
| 28.7 | 28.8 | 30.3 | 75.9 | |
| 0 | 0.1 | 0 | 0 | |
| – | 0.5 | – | – | |
| 12.3 | 1.3 | 0.1 | 0.2 | |
| 16.3 | 26.9 | 30.2 | 75.7 | |
| 28.7 | 28.8 | 30.3 | 75.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4 | −11.4 | −0.4 | −45.7 | |
| −0.2 | −0 | −0 | – | |
| – | – | −0.3 | 45.8 | |
| 3.8 | −11.4 | −0.8 | 0.2 | |
| −0.2 | −0 | −0 | – | |
| 3.8 | −11.4 | −0.4 | −45.7 | |
| – | – | −0.3 | – |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.