NewsCorporate ActionsMafia Trends Limited Approves Rs. 72.9 Crore Equity Warrant Issue and Reports Half-Year ResultsMafia Trends Limited Approves Rs. 72.9 Crore Equity Warrant Issue and Reports Half-Year Results
Mafia Trends Limited, listed on BSE, approved issuance of 54,00,000 equity warrants at Rs. 13.50 each to non-promoter investors, potentially raising Rs. 72.90 crore. The company reported significant financial growth for the half-year ended September 30, 2025, with revenue from operations increasing to Rs. 1,005.66 lakhs and net profit rising to Rs. 44.44 lakhs. Basic earnings per share improved to Rs. 1.00. Total assets stood at Rs. 1,570.02 lakhs, with shareholders' funds at Rs. 838.39 lakhs.
*this image is generated using AI for illustrative purposes only.
Mafia Trends Limited , a company listed on the BSE, has announced significant corporate actions and financial results in its recent board meeting held on November 14, 2025.
Equity Warrant Issue
The company's board has approved the issuance of 54,00,000 equity warrants at Rs. 13.50 per warrant to non-promoter investors. This move is expected to raise up to Rs. 72.90 crore. The warrants will be convertible into an equal number of equity shares with a face value of Rs. 10 each.
Key details of the warrant issue:
- Issue price: Rs. 13.50 per warrant (including a premium of Rs. 3.50)
- Conversion period: Within 18 months from the date of allotment
- Payment terms: 25% upfront, remaining 75% upon conversion
An Extraordinary General Meeting (EGM) is scheduled for December 13, 2025, to seek shareholder approval for this preferential issue.
Half-Year Financial Results
Mafia Trends Limited has also reported its unaudited financial results for the half-year ended September 30, 2025:
| Particulars | Half-year ended Sept 30, 2025 (Rs. in lakhs) |
|---|---|
| Revenue from operations | 1,005.66 |
| Total Revenue | 1,006.36 |
| Total Expenses | 949.93 |
| Profit before tax | 56.43 |
| Net Profit | 44.44 |
| Basic Earnings per share (Rs.) | 1.00 |
The company has shown a significant improvement in its financial performance compared to the same period last year:
- Revenue from operations increased from Rs. 263.96 lakhs to Rs. 1,005.66 lakhs
- Net profit rose from Rs. 8.75 lakhs to Rs. 44.44 lakhs
- Basic earnings per share improved from Rs. 0.20 to Rs. 1.00
Balance Sheet Highlights
As of September 30, 2025:
- Total assets stood at Rs. 1,570.02 lakhs
- Shareholders' funds increased to Rs. 838.39 lakhs
- Inventories were reported at Rs. 736.23 lakhs
Cash Flow Statement
For the half-year ended September 30, 2025:
- Net cash flow from operating activities: Rs. (18.99) lakhs
- Net cash flow used in investing activities: Rs. (28.88) lakhs
- Net cash flow from financing activities: Rs. (48.15) lakhs
The company's cash and cash equivalents decreased from Rs. 276.39 lakhs at the beginning of the period to Rs. 180.36 lakhs at the end.
These financial results have been subject to a limited review by the statutory auditors, Ashit N. Shah & Co, who have not reported any material misstatements.
The equity warrant issue, if fully subscribed and converted, could provide Mafia Trends Limited with additional capital for its operations.
Historical Stock Returns for Mafia Trends
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -16.19% | +19.47% | -10.59% | -31.94% | -63.89% |
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