| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM |
Revenue  | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 6 | 11 |
| Expenses | 2 | 1 | 1 | 0 | 4 | 2 | 4 | 1 | 1 | 1 | 2 | 6 | 9 |
| EBITDA | -0 | -0 | -1 | -0 | -4 | -1 | -3 | -0 | 0 | 0 | 0 | -0 | 2 |
| Operating Profit % | -26 % | -332 % | -451 % | -1,823 % | -794 % | -139 % | -967 % | -23 % | 0 % | -3 % | -1 % | -7 % | -11 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -1 | -1 | -1 | -0 | -4 | -1 | -3 | -0 | 0 | -0 | -0 | 0 | 2 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -1 | -1 | -1 | -0 | -4 | -1 | -3 | -0 | 0 | -0 | -0 | 0 | 2 |
| EPS in ₹ | -0.22 | -0.22 | -0.33 | -0.09 | -1.01 | -0.25 | -0.89 | -0.05 | -0.01 | -0.01 | -0.30 | 0.10 | 3.70 |
Mahan Industries
Mahan Industries
14.83
+0.70
(4.95%)
Market Cap
6.72 Cr
PE Ratio
3.77
Volume
170.00
Day High - Low
14.83 - 14.83
52W High-Low
14.13 - 7.91
Key Fundamentals
Market Cap
6.72 Cr
EPS
0.10
PE Ratio
3.77
PB Ratio
1.22
Book Value
11.58
EBITDA
-0.41
Dividend Yield
0.00 %
Industry
- Sector
- Return on Equity
-2.65
Debt to Equity
0.85
Actual
Company News
View All News
Mahan Industries Limited has scheduled its 32nd Annual General Meeting for September 28, 2026 at 3:00 pm at its registered office in Ahmedabad, Gujarat.
Mahan Industries Limited has appointed Riddhi Hardishkumar Shah as an independent director for a five-year term effective August 25, 2026. The board also reconstituted its key committees following the appointment.
Mahan Industries has scheduled an EGM on Aug 15, 2026, to approve the preferential allotment of equity shares and warrants. The issue aims to raise ₹29.82 crore to augment capital base and maintain CRAR.
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Growth Rate
Revenue Growth
160.00 %
Net Income Growth
-150.00 %
Cash Flow Change
-6,533.33 %
ROE
61.59 %
ROCE
275.76 %
EBITDA Margin (Avg.)
773.17 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 18 | 18 | 15 | 15 | 11 | 9 | 6 | 7 | 7 | 7 | 9 | 11 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Assets | 9 | 9 | 9 | 9 | 2 | 1 | 5 | 5 | 3 | 3 | 3 | 11 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 7 | 7 | 8 | 7 | 4 | 3 | 1 | 0 | 0 | 0 | 0 | 1 |
| Other Assets | 11 | 11 | 7 | 7 | 7 | 6 | 5 | 7 | 7 | 7 | 8 | 0 |
| Total Equity & Liabilities | 18 | 18 | 15 | 15 | 11 | 9 | 6 | 7 | 7 | 7 | 9 | 11 |
| Current Liabilities | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 1 |
| Non Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 5 |
| Total Equity | 14 | 13 | 11 | 11 | 7 | 7 | 3 | 3 | 3 | 3 | 5 | 5 |
| Reserve & Surplus | -22 | -23 | -25 | -25 | -29 | -30 | -33 | -33 | -33 | -33 | 1 | 1 |
| Share Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 5 | 5 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 |
| Investing Activities | -5 | 1 | 2 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | -0 |
| Operating Activities | 12 | -1 | -1 | -0 | -1 | 0 | -2 | -1 | -0 | 0 | -2 |
| Financing Activities | -7 | 0 | -1 | 0 | 0 | -1 | 0 | 1 | 0 | 0 | 2 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Feb 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| Promoter | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.48 % | 1.16 % | 1.16 % | 1.16 % | 1.16 % | 1.16 % | 1.16 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 44.65 % | 44.74 % | 44.72 % | 42.15 % | 41.95 % | 41.74 % | 41.74 % | 41.85 % | 41.85 % | 41.87 % | 41.88 % | 36.93 % | 36.63 % | 38.89 % | 39.59 % | 41.23 % | 31.19 % | 39.24 % | 38.74 % | 38.55 % | 38.48 % | 38.35 % | 38.31 % |
| Others | 53.87 % | 53.78 % | 53.80 % | 56.36 % | 56.57 % | 56.78 % | 56.78 % | 56.67 % | 56.67 % | 56.65 % | 56.64 % | 61.59 % | 61.89 % | 59.63 % | 58.93 % | 57.29 % | 67.32 % | 59.60 % | 60.10 % | 60.29 % | 60.37 % | 60.49 % | 60.53 % |
| No of Share Holders | 4,148 | 4,153 | 4,152 | 4,227 | 4,214 | 4,201 | 3,558 | 4,174 | 4,152 | 4,137 | 4,129 | 4,101 | 4,561 | 5,643 | 7,602 | 9,646 | 7,873 | 7,690 | 8,786 | 8,578 | 8,398 | 8,236 | 8,088 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 28 Sept 2026 |  Annual General Meeting | NA | 28 Sept 2026 | 12.21 | 14.83 |
| 24 Sept 2024 | Annual General Meeting | NA | 24 Sept 2024 | 3.33 | 3.30 |
| 25 Oct 2024 |  Quarterly Result Announcement | NA | 25 Oct 2024 | 2.80 | 2.80 |
| 03 Feb 2025 | Quarterly Result Announcement | NA | 03 Feb 2025 | 2.45 | 2.45 |
| 15 Feb 2025 |  Extraordinary General Meeting | NA | 15 Feb 2025 | 2.45 | 2.45 |
| 22 May 2025 | Quarterly Result Announcement | NA | 22 May 2025 | 7.19 | 7.19 |
| 06 Aug 2025 | Quarterly Result Announcement | NA | 06 Aug 2025 | 7.91 | 7.91 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 7.91 | 8.30 |
| 12 Nov 2025 | Quarterly Result Announcement | NA | 12 Nov 2025 | 8.30 | 8.71 |
| 12 Feb 2026 | Quarterly Result Announcement | NA | 12 Feb 2026 | 9.14 | 9.59 |
| 28 May 2026 | Quarterly Result Announcement | NA | 28 May 2026 | 10.56 | 10.56 |
| 15 Aug 2026 | Extraordinary General Meeting | NA | 15 Aug 2026 | 11.63 | 12.21 |
| 17 Aug 2026 | Quarterly Result Announcement | NA | 17 Aug 2026 | 11.63 | 12.21 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 days ago
4 days agoCorrigendum To The Notice Of 32Nd Annual General Meeting6 days ago
6 days agoReg. 34 (1) Annual Report.8 days ago
8 days agoReg. 34 (1) Annual Report.8 days ago
8 days agoIntimation Of AGM And Submission Of Notice Of 32Nd Annual General Meeting (AGM)8 days ago
8 days agoIntimation Of Record Date Pursuant To Regulation 42 Of The Securities & Exchange Board Of India (Listing Obligation And Disclosure Requirement) Regulations 20158 days ago
8 days agoBook Closure Intimation Pursuant To The Provisions Of Section 91 Of The Companies Act 2013 And Regulation 42 Of The SEBI (LODR) Regulations 20158 days ago
8 days agoBoard Meeting Outcome for Outcome Of Board Meeting Of Directors Held On 05.09.20268 days ago
8 days agoAnnouncement Under Regulation 30-Reconstitution Of Committees.Aug 25, 2026
Aug 25, 2026Board Meeting Outcome for Outcome Of Board MeetingAug 25, 2026
Aug 25, 2026Outcome Of Board Meeting U/R 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 18, 2026
Aug 18, 2026Board Meeting Outcome for Outcome Of Board Meeting U/R 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 18, 2026
Aug 18, 2026EGM Voting Results Under Regulation 44(3) And Scrutinizers ReportAug 17, 2026
Aug 17, 2026Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportAug 17, 2026
Aug 17, 2026Results-Delay in Financial ResultsAug 17, 2026
Aug 17, 2026Shareholder Meeting / Postal Ballot-Outcome of EGMAug 15, 2026
Aug 15, 2026Board Meeting Intimation for Postponement Of Board Meeting Scheduled On Friday 14Th August 2026 To Monday 17Th August 2026.Aug 14, 2026
Aug 14, 2026Corrigendum to Draft Letter of OfferAug 14, 2026
Aug 14, 2026Board Meeting Intimation for Intimation Of Board MeetingAug 10, 2026
Aug 10, 2026Announcement under Regulation 30 (LODR)-Change in ManagementAug 08, 2026
Aug 08, 2026Submission Of Copies Of Newspaper Advertisement - Corrigendum To The Notice Of Extra-Ordinary General MeetingAug 05, 2026
Aug 05, 2026Corrigendum To The Notice Of Extra Ordinary General Meeting ("EGM Notice") - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 03, 2026
Aug 03, 2026Launch Of New Brand Credit Mines - A Comprehensive Digital Lending Platform
Jul 31, 2026
Jul 31, 2026Draft Letter of OfferJul 27, 2026
Jul 27, 2026Detailed Public StatementJul 21, 2026
Jul 21, 2026Extract Of Newspaper Publication For EGM -Compliance Under Regulation 47 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 21, 2026
Jul 21, 2026Notice Of Extra Ordinary General MeetingJul 20, 2026
Jul 20, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 16, 2026
Jul 16, 2026Open Offer - Public AnnouncementJul 16, 2026
Jul 16, 2026Announcement under Regulation 30 (LODR)-Meeting UpdatesJul 16, 2026
Jul 16, 2026Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations 2015Jul 16, 2026
Jul 16, 2026Board Meeting Intimation for Postponement And Rescheduling Of Board Meeting On July 16 2026 Under Regulation 29 Of SEBI (LODR) Regulations 2015Jul 14, 2026
Jul 14, 2026Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Tuesday July 14 2026 Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Jul 09, 2026
Jul 09, 2026Closure of Trading WindowJun 30, 2026
Jun 30, 2026Announcement under Regulation 30 (LODR)-Change in Registered Office AddressJun 26, 2026
Jun 26, 2026Board Meeting Outcome for Shifting Of Registered Office Of The CompanyJun 26, 2026
Jun 26, 2026Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2026
May 30, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2026
May 30, 2026Results - Financial Year For March 312026May 28, 2026
May 28, 2026Board Meeting Outcome for Of The Board Of DirectorMay 28, 2026
May 28, 2026Board Meeting Intimation for Consideration And Approval Of Audited Standalone Financial Results Of The Company For The Quarter And Year Ended On March 31 2026 And Any Other Item With The Permission Of The Chair And Majority Of DirectorsMay 20, 2026
May 20, 2026Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2026
Apr 30, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 15, 2026
Apr 15, 2026Board Meeting Outcome for Outcome Of Separate Meeting Of Independent Directors Of The CompanyMar 31, 2026
Mar 31, 2026Closure of Trading WindowMar 31, 2026
Mar 31, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2026
Feb 13, 2026Un-Audited Financial Results For The Quarter And Nine Months Ended December 31 2025Feb 12, 2026
Feb 12, 2026Board Meeting Outcome for Un-Audited Financial Results For Quarter And Nine Months Ended On 31.12.2025Feb 12, 2026
Feb 12, 2026Board Meeting Intimation for Consideration And Approval Of Un-Audited Standalone Financial Results For The Quarter And Nine Months Ended On December 31 2025 And Any Other Business With The Permission Of ChairFeb 09, 2026
Feb 09, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 21, 2026
Jan 21, 2026Technical Indicators
RSI(14)
Overbought 99.98
ATR(14)
Less Volatile 0.24
STOCH(9,6)
Overbought 100.00
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 0.23
ADX(14)
Extremely Strong Trend 99.43
UO(9)
Bearish 100.00
ROC(12)
Uptrend And Accelerating 27.52
WillR(14)
Overbought 0.00
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