Mahan Industries Ltd Stock Price Today (NSE: MAHANIN)
Fundamental Score
Mahan Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Mahan Industries Ltd share price today is ₹11.63, up +0.00% on NSE/BSE as of 31 July 2026. Mahan Industries Ltd (MAHANIN) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of ₹5.23 (Cr). The 52-week high for MAHANIN share price is ₹11.63 and the 52-week low is ₹7.91. At a P/E ratio of 104.60x, MAHANIN is currently trading above its industry average P/E of 21.65x. The company has a Return on Equity (ROE) of 0.96% and a debt-to-equity ratio of 1.01.
Mahan Industries Ltd Share Price Chart — NSE/BSE Historical Performance
Mahan Industries Ltd share price chart: 4.96% return over the past month. 52-week high ₹11.63, 52-week low ₹7.91.
Mahan Industries Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 1.80L (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 11.14K (Cr) | |
| ₹11.63 | ₹11.63 | ₹11.63 | ₹11.63 | 0.00 (Cr) |
Mahan Industries Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹11.08 | ₹11.63 | ₹11.08 | ₹11.63 | +4.96% | |
| ₹10.56 | ₹11.08 | ₹10.56 | ₹11.08 | +4.92% | |
| ₹10.06 | ₹10.56 | ₹10.06 | ₹10.56 | +4.97% | |
| ₹10.06 | ₹10.06 | ₹10.06 | ₹10.06 | +0.00% | |
| ₹9.59 | ₹10.06 | ₹9.59 | ₹10.06 | +4.90% | |
| ₹9.14 | ₹9.59 | ₹9.14 | ₹9.59 | +4.92% | |
| ₹9.14 | ₹9.14 | ₹9.14 | ₹9.14 | +0.00% | |
| ₹8.71 | ₹9.14 | ₹8.71 | ₹9.14 | +4.94% | |
| ₹8.30 | ₹8.71 | ₹8.30 | ₹8.71 | +4.94% | |
| ₹8.30 | ₹8.30 | ₹8.30 | ₹8.30 | +0.00% | |
| ₹7.91 | ₹8.30 | ₹7.91 | ₹8.30 | +4.93% | |
| ₹7.91 | ₹7.91 | ₹7.91 | ₹7.91 | +0.00% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Mahan Industries is a retail-driven pump-and-dump scheme waiting to implode.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Mahan Industries hit a new 52-week high of on March 16, 2026. Q3FY26 results (released Feb 12, 2026) showed a 68.92% jump in revenue to s, but a net loss of s. For the nine months ended December 31, 2025, revenue nearly doubled to s, but the company posted a net loss of s compared to a s profit in the prior year.
CORE STORY (THE REAL GAME)
Retail investor mania play. This micro-cap NBFC is a vehicle for speculation, not long-term value creation. The market is treating it like a lottery ticket.
- New 52-week high attracts more retail attention
- Recent quarterly results show revenue growth but continued losses
- Micro-cap status fuels speculative trading
- Increased promoter activity
- Significant order wins or contracts
- Shift in market sentiment towards micro-caps
- Micro/SME cap: Liquidity risk is very high
- Negative ROE/ROCE and poor interest coverage
- Low promoter holding (1.16%)
No FII/DII interest. Promoter holding is negligible and unchanged.
The trading and distribution sector in India is seeing increased activity, but Mahan's financials are too weak to capitalize.
No. Negative free cash flow of ₹-4.44 Cr.
Expect a correction in the next 3-6 months as retail interest wanes and the company's poor fundamentals become more apparent. Avoid catching the falling knife.
Primary Thesis Risk
Sudden loss of retail interest will trigger a massive price collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Mahan Industries Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Mahan Industries Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MAHANIN across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Robust Profit Growth (290.91%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (637.50%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (80.03% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (16.26% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (15.05% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
9 factors identified
Below-Average Return on Equity (0.96%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (1.26%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (-0.73%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Premium Valuation Risk (P/E: 104.60x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Elevated Debt Levels (D/E: 1.01)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (1.71x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-2.66 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Low Promoter Commitment (1.16%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Mahan Industries Ltd vs Trading & Distributors Peers
Peer Comparison - Trading & Distributors
Compare Mahan Industries Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Mahan Industries LtdMahan Industrie...Selected✓ MAHANIN • 531515 | 33.1/100 | ₹11.63₹12 | ₹5.23₹5.23 | 104.60Average 104.6 Average | 0.96%Poor 0.96% Poor | 1.26%Poor 1.26% Poor | 1.01Average 1.0 Average | 15.05%Excellent 15.05% Excellent | 80.03%Excellent 80.03% Excellent | 0.00% |
Redington LtdRedington Ltd... REDINGTON • 532805 | 54.7/100 | ₹321.65₹322 | ₹22057.79₹22057.79 | 13.86Average 13.9 Average | 16.86%Good 16.86% Good | 18.39%Good 18.39% Good | 0.28Excellent 0.3 Excellent | 15.87%Excellent 15.87% Excellent | 15.91%Excellent 15.91% Excellent | 2.13% |
MMTC LtdMMTC Ltd... MMTC • 513377 | 40.8/100 | ₹62.66₹63 | ₹9682.50₹9682.50 | 96.80Average 96.8 Average | 5.23%Poor 5.23% Poor | 8.66%Poor 8.66% Poor | 0.00Excellent 0.0 Excellent | 2.89%Average 2.89% Average | -86.37%Poor -86.37% Poor | 0.00% |
MSTC LtdMSTC Ltd... MSTCLTD • 542597 | 53.6/100 | ₹618.20₹618 | ₹4612.62₹4612.62 | 21.12Average 21.1 Average | 26.60%Excellent 26.60% Excellent | 30.27%Excellent 30.27% Excellent | 0.16Excellent 0.2 Excellent | 14.13%Good 14.13% Good | -13.87%Poor -13.87% Poor | 6.19% |
BN Holdings LtdBN Holdings Ltd... BNHOLDINGS • 526125 | 12.9/100 | ₹404.70₹405 | ₹2670.18₹2670.18 | 77.69Average 77.7 Average | 8.01%Poor 8.01% Poor | 4.38%Poor 4.38% Poor | 0.11Excellent 0.1 Excellent | — — | — — | 0.00% |
Vintage Coffee And Beverages IncVintage Coffee ... VINCOFE • 538920 | 21.4/100 | ₹149.48₹149 | ₹2312.81₹2312.81 | 32.04Average 32.0 Average | 16.55%Good 16.55% Good | 18.18%Good 18.18% Good | 0.22Excellent 0.2 Excellent | — — | — — | 0.06% |
TCC Concept LtdTCC Concept Ltd... TCC • 512038 | 36.7/100 | ₹290.75₹291 | ₹1458.56₹1458.56 | 23.14Average 23.1 Average | 5.35%Poor 5.35% Poor | 5.65%Poor 5.65% Poor | 0.18Excellent 0.2 Excellent | — — | — — | 0.00% |
Euro Asia Exports LtdEuro Asia Expor... EUROASIA • 530929 | 28.3/100 | ₹637.25₹637 | ₹941.52₹941.52 | — — | -13.71%Poor -13.71% Poor | -11.12%Poor -11.12% Poor | 0.18Excellent 0.2 Excellent | — — | 47.55%Excellent 47.55% Excellent | 0.00% |
Yamuna Syndicate LtdYamuna Syndicat... YSL • 540980 | 28.2/100 | ₹26400.00₹26400 | ₹808.37₹808.37 | 15.49Average 15.5 Average | 4.05%Poor 4.05% Poor | 4.13%Poor 4.13% Poor | 0.00Excellent 0.0 Excellent | -14.72%Poor -14.72% Poor | 4.72%Average 4.72% Average | 1.90% |
SMTELSMTEL... SMTEL • 538563 | 62.59999999999999/100 | ₹418.30₹418 | ₹763.91₹763.91 | 33.10Average 33.1 Average | 25.17%Excellent 25.17% Excellent | 25.22%Excellent 25.22% Excellent | 0.68Good 0.7 Good | 154.57%Excellent 154.57% Excellent | 167.25%Excellent 167.25% Excellent | 0.00% |
State Trading Corporation of India LtdState Trading C... STCINDIA • 512531 | 42.4/100 | ₹120.50₹121 | ₹726.66₹726.66 | 16.31Average 16.3 Average | — — | — — | — — | 25.83%Excellent 25.83% Excellent | — — | 0.00% |
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Mahan Industries Ltd Quarterly Performance
Latest quarterly metrics for MAHANIN — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
637.50%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
290.91%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
80.03%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
15.05%
Compounded annual net profit growth over 5 years
Mahan Industries Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MAHANIN — calculated from daily price history
Momentum is strong — price may be stretched. Watch for pullbacks.
Technical indicators are for educational purposes only. Not investment advice.
Mahan Industries Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Mahan Industries Ltd (MAHANIN) — sourced from NSE/BSE filings.
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Fetching financial data for Mahan Industries Ltd
About MAHANIN (Mahan Industries Ltd)
Mahan Industries Ltd is a multifaceted trading and distribution company operating within India, strategically positioned to capitalize on diverse market opportunities. While tradit...ionally rooted in commodity trading, the company has expanded its portfolio to include strategic investments in publicly traded companies on the Indian stock exchange. This dual approach allows Mahan Industries to generate revenue through active trading while simultaneously building long-term value through equity holdings. Their business model is designed to adapt to fluctuating market conditions, leveraging both short-term gains and long-term growth potential. Furthermore, the company actively identifies and pursues opportunities to distribute products and services, strengthening its position in the Indian market. The company's strategic advantage lies in its ability to source and distribute a wide array of commodities, facilitating trade between producers and consumers. By leveraging its established distribution network, Mahan Industries efficiently connects suppliers with the demand-driven Indian market. This streamlined process minimizes logistical complexities and ensures timely delivery, fostering strong relationships with both suppliers and customers. Their distribution activities span across various sectors, catering to the needs of diverse industries. Additionally, the firm provides tailored financial solutions, including lending, catering to companies, enterprises and wealthy individuals. Beyond its trading and distribution arms, Mahan Industries actively participates in the financial ecosystem by providing equity capital and loan facilities to businesses and individuals. This extends the firm's reach beyond traditional trading and distribution, positioning it as a key player in the Indian financial landscape. Operating out of Ahmedabad since its inception, Mahan Industries Ltd continues to build upon its foundation, diversifying its interests and solidifying its role as a significant contributor to the Indian economy. The company leverages its decades of experience to navigate the complexities of the Indian market, ensuring sustainable growth and profitability for its stakeholders.
Company Details
Key Leadership
MAHANIN Share Price: Frequently Asked Questions
What is the current share price of Mahan Industries Ltd?
Mahan Industries Ltd (MAHANIN) trades at ₹11.63 on NSE and BSE. Market cap ₹5.23 (Cr). Educational data only.
What is the P/E ratio of Mahan Industries Ltd?
Mahan Industries Ltd has a P/E of 104.60x vs industry average 21.65x.
What is the Bull Run score for Mahan Industries Ltd?
Mahan Industries Ltd has a Bull Run score of 33.1/100 based on 25+ financial parameters.
Does Mahan Industries Ltd pay dividends?
Mahan Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Mahan Industries Ltd?
Mahan Industries Ltd has ROE of 0.96%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Mahan Industries Ltd?
Mahan Industries Ltd has debt-to-equity of 1.01.
Is Mahan Industries Ltd a good investment?
Bull Run gives Mahan Industries Ltd a score of 33.1/100. This is not investment advice — consult a SEBI-registered advisor.