Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹6.65, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 17x in the Specialty Retail industry in India. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹8.46, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 16x in the Specialty Retail industry in India. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹6.28, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 19x in the Specialty Retail industry in India. Total loss to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹7.35, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 23x in the Specialty Retail industry in India. Total loss to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹8.32, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 23x in the Specialty Retail industry in India. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹9.76, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 25x in the Specialty Retail industry in India. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹11.23, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 29x in the Specialty Retail industry in India. Total loss to shareholders of 44% over the past three years. Annuncio • Nov 10
Mafia Trends Limited to Report First Half, 2026 Results on Nov 14, 2025 Mafia Trends Limited announced that they will report first half, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹11.90, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 29x in the Specialty Retail industry in India. Total loss to shareholders of 56% over the past three years. Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹0.92 (vs ₹0.75 in FY 2024) Full year 2025 results: EPS: ₹0.92 (up from ₹0.75 in FY 2024). Revenue: ₹79.8m (up 20% from FY 2024). Net income: ₹4.08m (up 23% from FY 2024). Profit margin: 5.1% (in line with FY 2024). Annuncio • Sep 05
Mafia Trends Limited, Annual General Meeting, Sep 29, 2025 Mafia Trends Limited, Annual General Meeting, Sep 29, 2025, at 14:00 Indian Standard Time. Location: 1, prabhu kutir complex, sandesh press road, vastrapur ahmedabad, - 380015 gujarat., ahmedabad India Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹15.43, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 32x in the Specialty Retail industry in India. Negligible returns to shareholders over past year. New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (31% accrual ratio). Revenue is less than US$1m (₹80m revenue, or US$933k). Market cap is less than US$10m (₹64.9m market cap, or US$758.6k). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹0.92 (vs ₹0.75 in FY 2024) Full year 2025 results: EPS: ₹0.92 (up from ₹0.75 in FY 2024). Revenue: ₹80.0m (up 21% from FY 2024). Net income: ₹4.08m (up 23% from FY 2024). Profit margin: 5.1% (in line with FY 2024). Annuncio • May 24
Mafia Trends Limited to Report Q4, 2025 Results on May 29, 2025 Mafia Trends Limited announced that they will report Q4, 2025 results on May 29, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹13.83, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 34x in the Specialty Retail industry in India. Total loss to shareholders of 6.5% over the past year. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹14.32, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 37x in the Specialty Retail industry in India. Total returns to shareholders of 7.1% over the past year. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹19.48, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 45x in the Specialty Retail industry in India. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹26.65, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 49x in the Specialty Retail industry in India. Total returns to shareholders of 57% over the past year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹18.55, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 53x in the Specialty Retail industry in India. Total returns to shareholders of 27% over the past year. Annuncio • Nov 12
Mafia Trends Limited to Report First Half, 2025 Results on Nov 14, 2024 Mafia Trends Limited announced that they will report first half, 2025 results on Nov 14, 2024 Annuncio • Nov 01
Mafia Trends Limited has filed a Follow-on Equity Offering in the amount of INR 63 million. Mafia Trends Limited has filed a Follow-on Equity Offering in the amount of INR 63 million.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹21.27, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 50x in the Specialty Retail industry in India. Total returns to shareholders of 40% over the past year. New Risk • Sep 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 64% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (₹66m revenue, or US$790k). Market cap is less than US$10m (₹79.8m market cap, or US$951.3k). Minor Risk Large one-off items impacting financial results. Annuncio • Sep 10
Mafia Trends Limited, Annual General Meeting, Sep 30, 2024 Mafia Trends Limited, Annual General Meeting, Sep 30, 2024, at 14:00 Indian Standard Time. Location: 1, prabhu kutir complex, sandesh press road, vastrapur ahmedabad, - 380015 gujarat., ahmedabad India Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹17.31, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 46x in the Specialty Retail industry in India. Total returns to shareholders of 8.8% over the past year. New Risk • Aug 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m (₹66m revenue, or US$791k). Market cap is less than US$10m (₹62.7m market cap, or US$748.0k). Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹0.75 (vs ₹0.54 in FY 2023) Full year 2024 results: EPS: ₹0.75 (up from ₹0.54 in FY 2023). Revenue: ₹68.2m (down 11% from FY 2023). Net income: ₹3.32m (up 61% from FY 2023). Profit margin: 4.9% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Annuncio • May 17
Mafia Trends Limited to Report Q4, 2024 Results on May 22, 2024 Mafia Trends Limited announced that they will report Q4, 2024 results on May 22, 2024 Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹14.19, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 57x in the Specialty Retail industry in India. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹15.75, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 48x in the Specialty Retail industry in India. Total returns to shareholders of 11% over the past year. Board Change • Feb 07
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Whole-time Director Mahendra Rajpurohit is the most experienced director on the board, commencing their role in 2017. Non-Executive Independent Director Parimal Patwa was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹17.64, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 47x in the Specialty Retail industry in India. Total returns to shareholders of 8.2% over the past year. Reported Earnings • Nov 14
First half 2024 earnings released First half 2024 results: EPS: ₹0.16. Net income: ₹712.0k (up ₹712.0k from 1H 2023). Annuncio • Oct 18
Saraogi Super Sales Private Limited Files A Civil Suit Against Mafia Trends Limited Before the District Shahdara, Karkardooma Court, Delhi M/s. Saraogi Super Sales Private Limited has filed a civil suit against M/s. Mafia Trends Limited before the District Shahdara, Karkardooma Court, Delhi for the recovery of alleged amounts due from the Company in lieu of the garments supplied by it. For recovery of INR 4,408,195 (Principal being INR 2,328,764 and interest being INR 2,079,431) along with 18% interest from the date of filing of the suit till realization and cost of suit. Since the matter has not been adjudicated by the Hon'ble Court, it is just an allegation and the final amount of impact cannot be estimated for now. Annuncio • Oct 01
Mafia Trends Limited Appoints Amit Remeshbhai Uttamchandani and Parimal Suryakant Patwa as Independent Directors Mafia Trends Limited at its AGM held on September 29, 2023 approved appointment of Mr. Amit Remeshbhai Uttamchandani and Mr. Parimal Suryakant Patwa as Independent Director of the company. Annuncio • Sep 07
Mafia Trends Limited, Annual General Meeting, Sep 29, 2023 Mafia Trends Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Location: 1, Prabhu Kutir Complex Sandesh Press Road, Vastrapur Ahmedabad 380015 Ahmedabad Gujarat India Agenda: To consider and approve the audited balance sheet as on 31st march 2023, the statements of profit and loss for the year ended on the date together with the schedules thereon, along with the reports of the board of directors and auditors thereon; to re-appoint Mr Mahendra singh who retires by rotation and being eligible offers himself for re-appointment; and to consider other business matters. Annuncio • Aug 18
Mafia Trends Limited Appoints Nehal Hareshbhai Kothari as Company Secretary and Compliance Officer Mafia Trends Limited announced that the meeting of the Board of Directors of the Company was held on August 17, 2023, the Board of directors has appointed Ms. Nehal Hareshbhai Kothari, Associate Member of Institute of Company Secretaries of India (ICSI) as the Company Secretary and Compliance Officer of the Company. Annuncio • Jun 08
Mafia Trends Limited Announces Resignation of Shashank Poddar as Company Secretary and Compliance Officer Mafia Trends Limited announced that the Board of Directors of the Company received a resignation letter from Mr. Shashank Poddar, resigning from the post of Company Secretary and Compliance Officer of the company with effect from 07 June, 2023 due to personal reasons and preoccupations. Annuncio • May 24
Mafia Trends Limited to Report Second Half, 2023 Results on May 30, 2023 Mafia Trends Limited announced that they will report second half, 2023 results on May 30, 2023 Annuncio • May 11
Mafia Trends Limited Announces Change in Directorate Mafia Trends Limited inform that the Board of Directors of the Company received a resignation letter from Mr. Pankaj Baid, resigning from the post of Independent Director of the company with effect from 10th May, 2023 due to personal reasons and preoccupations. Annuncio • May 09
Mafia Trends Limited Appoints Rajendra Singh Rajpurohit as Chief Financial Officer Mafia Trends Limited at the Board meeting held on May 8, 2023 approved the appointment of Mr. Rajendra Singh Rajpurohit (DIN: 07684092) as Chief Financial Officer of the company with effect from i.e. 08th May, 2023. Rajendra Singh Rajpurohit, aged 39 years, is the Chairman and Managing Director and one of the promoters of Company. He holds bachelor's degree in physiotherapy from Allahabad Agricultural Institute and a master's degree in business administration from Amity University He has 12 years of experience in the garment industry. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pankaj Baid is the most experienced director on the board, commencing their role in 2022. Independent Director Harsh Singrodia was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Nov 05
Mafia Trends Limited to Report First Half, 2023 Results on Nov 14, 2022 Mafia Trends Limited announced that they will report first half, 2023 results on Nov 14, 2022 Annuncio • Oct 06
Mafia Trends Limited has completed an IPO in the amount of INR 35.952 million. Mafia Trends Limited has completed an IPO in the amount of INR 35.952 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 608,000
Price\Range: INR 28
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 608,000
Price\Range: INR 28
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 68,000
Price\Range: INR 28
Transaction Features: Regulation S Board Change • Oct 06
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Pankaj Baid is the most experienced director on the board, commencing their role in 2022. Independent Director Harsh Singrodia was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 
