Contents
Today, In this blog post we explore the Mahan Industries Share Price Targets for 2024, 2025 to 2030. With the help of trends, company financial, technical and fundamentals analysis, so our readers can decide how the stock was performed and will going in the future. To know the complete analysis, simply read this article completely.
What is Mahan Industries Ltd.?
Mahan Industries Limited, headquartered in India, operates as an investment firm with a focus on finance and investment activities. The company primarily invests in equity shares of entities listed on both the Mumbai Stock Exchange and National Stock Exchange through SEBI-registered Stockbrokers.
Additionally, it ventures into investments in publicly traded companies through the secondary market. Mahan Industries also extends equity capital to various companies and offers loans and debts to businesses, entities, and high-net-worth individuals. Moreover, the company engages in commodity trading activities.
Company Profile
| CIN | L91110GJ1995PLC024053 |
| Company Name | MAHAN INDUSTRIES LIMITED |
| Company Status | Active |
| RoC | RoC-Ahmedabad |
| Registration Number | 24053 |
| Company Category | Company limited by Shares |
| Company Sub Category | Non-govt company |
| Class of Company | Public |
| Date of Incorporation | 02 January 1995 |
| Age of Company | 29 years, 2 months, 27 days |
| Website |
Mahan Industries Ltd. Fundamental Analysis
| Market Cap | ā¹ 8.10 Cr. |
| Advances | ā¹ 0 Cr. |
| No. of Shares | 3.60 Cr. |
| P/E | 0 |
| P/B | 2.6 |
| Face Value | ā¹ 10 |
| Div. Yield | 0 % |
| Book Value (TTM) | ā¹ 0.87 |
| Operating Revenue | ā¹ 1.17 Cr. |
| Net Profit | ā¹ -0.02 Cr. |
| Promoter Holding | 1.48 % |
| EPS (TTM) | ā¹ -0.01 |
| Sales Growth | 63.67 |
| ROE | -0.75 % |
| ROCE | 0.03 % |
| Profit Growth | 85.58 % |
Mahan Industries Share Price Target 2024, 2025 to 2030
Mahan Industries Share Price Target 2024
| Year | Mahan Industries Share Price Target 2024 |
|---|---|
| 2024 | ā¹ 1.8-ā¹ 5.87 |
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Mahan Industries Share Price Target 2025
| Year | Mahan Industries Share Price Target 2025 |
|---|---|
| 2025 | ā¹ 3.2-ā¹ 7.8 |
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Mahan Industries Share Price Target 2030
| Year | Mahan Industries Share Price Target 2030 |
|---|---|
| 2030 | ā¹ 55.8-ā¹ 100.87 |
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Mahan Industries Ltd. Profit & Loss Analysis
| Data | MAR 2021 | MAR 2022 | MAR 2023 |
|---|---|---|---|
| Operating Income | 0.33 | 0.72 | 1.17 |
| Other Income | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.03 | 0.00 |
| Operating Expenses | 0.54 | 0.80 | 1.06 |
| Total Provisions | 3.01 | 0.08 | 0.12 |
| Exceptional Items | 0.00 | 0.00 | 0.00 |
| Profit Before Tax | -3.22 | -0.16 | -0.02 |
| Tax | 0.00 | 0.00 | 0.00 |
| Profit After Tax | -3.22 | -0.16 | -0.02 |
| Adjusted EPS (Rs.) | -0.89 | -0.05 | -0.01 |
Mahan Industries Ltd. Balance Sheet Analysis
| Balance Sheet Data | MAR 2021 | MAR 2022 | MAR 2023 |
|---|---|---|---|
| Equity and Liabilities | |||
| Share Capital | 36 | 36 | 36 |
| Total Reserves | -32.72 | -32.88 | -32.90 |
| Borrowings | 0 | 0 | 0 |
| Other N/C liabilities | 0 | 0 | 0 |
| Current liabilities | 2.82 | 3.42 | 3.56 |
| Total Liabilities | 6.10 | 6.55 | 6.66 |
| Assets | |||
| Loans | 0 | 0 | 0 |
| Net Block | 0.06 | 0.06 | 0.06 |
| Capital WIP | 0 | 0 | 0 |
| Intangible WIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other Loans | 0 | 1.41 | 4.05 |
| Other N/C Assets | 0 | 0 | 0 |
| Current Assets | 6.04 | 5.07 | 2.55 |
| Total Assets | 6.10 | 6.55 | 6.66 |
Profitability
- Net Profit: Mahan Industries is currently unprofitable, with a net loss of Rs -0.02 Cr.
- Profit Growth: However, the company has experienced profit growth in the past 3 years, with a CAGR of 25.44%.
- PAT Margin: The PAT margin is negative at -2.00%, indicating that the company is losing money on every rupee of revenue.
EPS Growth
- EPS (Earnings Per Share) has grown by 85.59% YoY, which is a positive sign.
Financial Ratios
- ROE (Return on Equity): ROE is negative at -0.75%, indicating that the company is generating losses for its shareholders.
- P/E Ratio: The P/E ratio is currently 0, as the company is not profitable.
- P/B Ratio: The P/B ratio is 2.60, which is higher than the historical average of 0.29. This could indicate that the stock is overvalued.
Mahan Industries Ltd. Share Quick Research Analysis: Should You Buy or Not?
- Only 2% of India’s population invests in financial assets.
- Mutual fund penetration is low at around 7%.
- This presents a significant growth opportunity for the financial services industry.
Mahan Industries’ Financial Performance:
- Profitability:
- Negative net profit (Rs -0.02 Cr) indicates losses.
- PAT margin of -2.00% shows the company struggles to control costs.
- Profit growth of 25.44% over 3 years might be misleading due to negative base.
- EPS Growth:
- EPS grew by 85.59% YoY, but profitability is crucial for sustainable growth.
- Financial Ratios:
- Negative ROE (-0.75%) suggests the company generates losses on shareholder equity.
- P/E Ratio of 0 (due to negative profits) makes traditional valuation difficult.
- P/B Ratio of 2.60 is high compared to the historical average of 0.29, potentially indicating overvaluation.
- Share Price: Currently at Rs 2.25. Valuation tools can be used to assess potential undervaluation or overvaluation.
š Strengths
- The company is currently trading at a valuation of 0.53 times its book value.
- Over the past three years, the company has demonstrated robust growth in operating income, with a compounded annual growth rate (CAGR) of 19.41%.
š Weakness
- Promoters hold a relatively low ownership stake in the company, standing at 1.48%.
- The company exhibits a poor track record in Return on Equity (ROE), with a figure of -23.86%.
- Over the last three years, the company has also shown a weak performance in Return on Capital Employed (ROCE), with a negative rate of -14.80%.
- Provision and contingencies have seen a significant increase of 50.05% over the specified period.
FAQs
Disclaimer: Dear Readers, Please note, These stock price projections are based on various factors like past performance, fundamentals, technical signals and market trends. These projections are for informational purposes only and arenāt financial advice or guarantees.
