Mahan Industries Ltd.

BSE: MAHANIN531515ISIN INE735D01041

Services
Trading & Distributors

Share price

₹24.10+1.14 (+4.97%)

as of 28 Sep 2026

52W high: ₹24.10
52W low: ₹8.30
Off 52W high: 0.00%
1M return: +97.38%
3M return: +117.51%
6M return: +139.56%
1Y return: +190.36%
20D avg volume: 3,374
50 DMA: ₹12.60
200 DMA: ₹6.51

Key ratios Standalone

Market cap: ₹10.85 Cr
Current price: ₹24.10
52W high / low: ₹24.10 / ₹8.30
Face value: ₹10.00
P/E: 6.43
P/B: 3.48
EPS (TTM): ₹3.75
Book value / share: ₹6.93
ROE: 54.22%
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 1.01
Net debt: ₹5.25 Cr
Interest cover: 1.71
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	2.66	2.35	1.59	1.50	0.65	0.32	—
	3.04	0.00	0.13	0.00	0.00	0.07	—
	3.57	2.15	1.99	1.48	0.57	0.51	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	1.78	2.38	1.76	1.65	0.68	0.28	—
	0.08	0.02	0.05	0.08	0.08	0.05	—
	0.03	0.02	0.02	0.02	0.01	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	1.40	0.07	0.26	0.03	0.04	0.10	—
	2.13	0.21	-0.27	0.02	0.08	-0.13	—
	0.00	0.00	0.00	0.00	0.00	-0.08	—
	2.13	0.21	-0.27	0.02	0.08	-0.21	—
	0.41	0.00	0.00	0.00	0.00	-0.02	—
	1.72	0.21	-0.27	0.02	0.08	-0.19	—
	3.83	0.47	-0.60	0.05	0.18	-0.41	—
Key metrics
	64.70%	8.90%	-17.00%	1.30%	12.30%	-59.40%	—
	309.20%	634.40%	—	—	—	—	—
	2,050.00%	210.50%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	8.10	6.24	1.86	—
	3.17	0.01	0.31	—
	9.19	6.20	2.23	—
	0.00	0.00	0.00	—
	7.57	6.47	1.88	—
	0.23	0.22	0.21	—
	0.09	0.07	0.03	—
	0.00	0.00	0.00	—
	1.76	0.37	0.22	—
	2.09	0.05	-0.06	—
	0.00	0.00	-0.08	—
	2.09	0.05	-0.14	—
	0.41	0.00	0.00	—
	1.68	0.05	-0.14	—
	3.75	0.10	-0.30	—
Key metrics
	20.74%	0.80%	-7.50%	—
	—	235.50%	—	—
	—	135.70%	—	—
	—	-0.04	-2.24	—
	—	-0.80	16.00	—
	—	1.01	0.67	—
	—	5.25	3.46	—
Balance sheet
	—	10.96	8.74	—
	—	0.02	0.01	—
	—	1.29	2.27	—
	—	1.23	0.29	—
	—	0.06	0.06	—
	—	5.27	3.47	—
	—	5.21	5.16	—
Cash flow
	—	-0.04	-2.24	—
	—	-1.75	-0.02	—
	—	1.80	2.25	—
	—	0.00	0.00	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 1.16%

Holder	Type	Holding	Previous	Change
MAHAN INDUSTRIES LTD -UNCLAIMED SECURITIES	Public	28.96%	—	—
Godavari Commercial Services Private Limited	Public	5.58%	—	—
Kapadia Finwealth LLP	Public	5.56%	—	—
Shah Amee T	Public	5.56%	—	—
Aalyya Traders Private Limited	Public	3.77%	—	—
Religare Finvest Limited	Public	3.65%	—	—
Gautam Keshavlal Chauhan	Public	3.44%	—	—
Vegada N Pradipkumar	Public	3.16%	—	—
Noopur Kushan Farkiwala	Public	2.29%	—	—
Westlite Infraprojects Private Limited	Public	1.99%	—	—
Yuvika Tradewing	Public	1.50%	—	—
Ruchira Goyal	Public	1.23%	—	—
YOGENDRAKUMAR GUPTA	Promoter	1.16%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY (TTM)	Profit YoY (TTM)	1Y return
Redington Limited	31,631	404.60	21.02	19.00%	+23.20%	-18.07%	+52.85%
MMTC Ltd.	8,468	56.45	18.93	21.60%	-19.71%	+355.55%	-13.83%
MSTC Limited	4,993	709.20	21.31	31.80%	—	—	+46.54%
BN AGROCHEM LIMITED	2,171	222.00	127.13	4.20%	—	—	-40.62%
CREATIVE NEWTECH LIMITED	1,614	1,074.55	—	26.40%	—	—	—
Pervasive Commodities Limited S	1,029	11.42	—	0.00%	—	—	—
RRP DEFENSE LIMITED	843	614.75	—	-7.80%	—	—	+6.49%
The Yamuna Syndicate Ltd	784	25,505.00	8.59	0.30%	—	—	-30.12%
Riddhi Siddhi Gluco Biols Ltd	686	723.85	-29.90	2.80%	—	—	+28.99%
State Trading Corporation of India	639	106.55	—	-16.70%	—	—	-20.72%
SMT ENGINEERING LIMITED	627	347.15	25.56	24.80%	—	—	+490.29%
Arvaya Healthcare Limited	612	127.35	—	1.40%	—	—	+275.33%
Filtron Engineers Ltd.	466	73.44	—	5.00%	—	—	+182.35%
Oswal Agro Mills Ltd.	447	33.30	-13.01	1.50%	—	—	-53.57%
Balgopal Commercial limited	442	189.95	-82.22	-12.50%	—	—	-13.66%
Chandrima Mercantiles limited S	408	12.24	174.86	4.30%	—	—	+82.41%
Kothari Products Ltd.	393	65.90	20.22	1.60%	—	—	-20.06%
VEGA JEWELLERS LIMITED	331	65.04	5.20	30.00%	—	—	-66.35%
PIPAN OILS LIMITED S	325	185.15	-118.69	-191.70%	—	—	+105.20%
Rotographics (India) Limited S	311	47.36	55.72	7.70%	—	—	-51.75%
Polo Queen Industrial and Fintech Limited	269	8.02	117.95	2.50%	—	—	-82.39%
Sakuma Exports Ltd.	254	1.62	23.78	1.80%	—	—	-35.46%
VIKAS LIFECARE LIMITED	228	1.23	—	13.50%	—	—	-44.34%
Sicagen India Limited	209	52.72	10.20	7.40%	—	—	-22.40%
Signet Industries Limited S	205	69.62	8.71	29.90%	—	—	+33.73%
Mahan Industries Ltd. S	11	24.10	6.43	—	—	—	+190.36%

Filings & corporate actions

Recent announcements

The 32nd Annual General Meeting of Mahan Industries Limited held on Monday, 28th September, 2026 at 03:00 P.M. at the Registered office the Company. In this Regard we have Enclosed Summary ....28 Sep 2026 · AGM/EGM / AGM
As per attachment18 Sep 2026 · Company Update / General
The Exchange has sought clarification from Mahan Industries Ltd on September 16, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....16 Sep 2026 · Company Update / Clarification
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015, We are enclosing herewith copies of Newspaper advertisement published in the Financial ....9 Sep 2026 · Company Update / Newspaper Publication
Corrigendum to the Notice of 32nd Annual General Meeting to be held on 28th September, 2026. This Corrigendum is being issued due to an inadvertent omission of Financial Statements in the ....7 Sep 2026 · AGM/EGM / AGM
Annual report for Financial Year 2025-26 including Notice of Annual general Meeting (AGM)5 Sep 2026 · Others / Reg. 34 (1) Annual Report
Annual report for the Financial Year 2025-26 including Notice of the Annual general meeting (AGM)5 Sep 2026 · Others / Reg. 34 (1) Annual Report
The 32nd AGM of Company is scheduled to be held on 28th September, 2026 at 03:00 PM at the Registered Office of the Company situated at B-107, Sankalp Iconic Tower, Opp. vikram Nagar, Iscon ....5 Sep 2026 · AGM/EGM / AGM
The Record date for determining the eligibility of shareholders to exercise voting right and attendance at 32nd Annual General Meeting is 21 September, 20265 Sep 2026 · Corp. Action / Record Date
We Wish to Inform you that Pursuant to Section 91 of Comanies Act, 2013 and Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, ....5 Sep 2026 · Corp. Action / Book Closure
Regulation 30 and any other Regulation of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, that meeting of the Board of Directors of the Company was held on Saturday, ....5 Sep 2026 · Others / Outcome without intimation
Intimation of Change in Audit committee, Nomination and Remuneration Committee, Stakeholder Relationship Committee of the Board.25 Aug 2026 · Company Update / General
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the ....25 Aug 2026 · Others / Outcome without intimation
As per attachment18 Aug 2026 · Result / Financial Results
As per attachment18 Aug 2026 · Board Meeting / Outcome of Board Meeting
With reference to captioned subject, we herebu enclose the following:1. voting Result of the Business transacted at EOGM, as required under Regulation 44(3) of the Listing regulation-Annexure''A''.2. ....17 Aug 2026 · AGM/EGM / EGM
With reference to captioned subject, we hereby enclosedthe follwoing:1. Voting result of the business transacted at EOGM, as required under Regulation 44(3) of the lIsting regulations-Annexure''A''.2. ....17 Aug 2026 · AGM/EGM / EGM
Pursuant to regulation 30 read with regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular No. CIR/ CFD/ CMD-1/142/2018 dated November ....17 Aug 2026 · Result / Financial Results
As per attachment15 Aug 2026 · AGM/EGM / EGM
Mahan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/08/2026 ,inter alia, to consider and approve With reference to the earlier ....14 Aug 2026 · Company Update / Board Meeting Rescheduled
Aftertrade Broking Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Draft Letter of Offer for the attention of the public shareholders of Mahan Industries ....14 Aug 2026 · Company Update / General
Mahan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve pursuant to Regulation 29 ....10 Aug 2026 · Board Meeting / Board Meeting
Resignation of Non-Executive Independent Director Mr. Yash Kamleshkumar Shah (DIN: 10565098) with effect from 08th August, 20268 Aug 2026 · Company Update / Change in Management
Newspaper Advertisement5 Aug 2026 · AGM/EGM / EGM
Corrigendum to the Notice of EGM to be held on August 15, 20263 Aug 2026 · AGM/EGM / EGM
As per attachment31 Jul 2026 · Company Update / General
Aftertrade Broking Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer for the attention of the Public Shareholders of Mahan Industries Ltd ("Target Company").27 Jul 2026 · Company Update / General
Aftertrade Broking Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulations 3(1) read with Regulations 13, 14 and 15(1) and other ....21 Jul 2026 · Company Update / General
Newspaper Advertisement for Proposed EGM Notice.21 Jul 2026 · Company Update / General
Notice of Extra Ordinary General Meeting20 Jul 2026 · AGM/EGM / EGM
With reference to the above captioned subject we enclose herewith the confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the ....16 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Aftertrade Broking Private Limited ("Manager to the Open Offer") has submitted to BSE a copy of Public Announcement under Regulation 3(1) read with Regulations 13(1), 14 and 15(1) of Securities ....16 Jul 2026 · Company Update / Open Offer
Outcome of the Meeting of Independent Directors held today for proposed Preferential issue.16 Jul 2026 · Company Update / Meeting Updates
1. The raising of funds through the issuance and allotment, on a preferential basis, of up to 32,00,000 (Thirty Two Lakhs) fully paid-up equity shares of the Company having a face value ....16 Jul 2026 · Board Meeting / Outcome of Board Meeting
Mahan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve 1. To evaluate the proposal ....14 Jul 2026 · Company Update / Board Meeting Rescheduled
Mahan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/07/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 ....9 Jul 2026 · Board Meeting / Board Meeting
Intimation for closure of Trading Window for quarter ended on June 30, 202630 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Shifting of Registered office address within Local limits of city.26 Jun 2026 · Company Update / Change in Registered Office Address
Considered and Approved shifting of the Registered Office of the Company within the local limits of Ahmedabad city26 Jun 2026 · Others / Outcome without intimation
Submission of ASCR for the period ended March 31, 202630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance

Corporate actions

Purpose	Ex date	Record date	Payment date
Reduction of Capital	6 Dec 2024	6 Dec 2024	—

Board meetings

17 Aug 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results