BSE:505850

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Executive Summary

Mangal Credit and Fincorp Limited operates as a non-banking financial company in India.


Snowflake Analysis

Adequate balance sheet with proven track record.

Share Price & News

How has Mangal Credit and Fincorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 505850 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

505850

-1.4%

IN Consumer Finance

-0.3%

IN Market


1 Year Return

-21.1%

505850

-2.6%

IN Consumer Finance

2.0%

IN Market

Return vs Industry: 505850 underperformed the Indian Consumer Finance industry which returned -1.8% over the past year.

Return vs Market: 505850 underperformed the Indian Market which returned 1.6% over the past year.


Shareholder returns

505850IndustryMarket
7 Day-2.1%-1.4%-0.3%
30 Day4.5%7.0%3.8%
90 Day8.8%36.4%19.7%
1 Year-20.2%-21.1%0.08%-2.6%3.9%2.0%
3 Year87.1%60.2%35.1%27.0%-0.6%-5.3%
5 Year37.4%17.3%170.9%147.1%27.0%17.4%

Price Volatility Vs. Market

How volatile is Mangal Credit and Fincorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mangal Credit and Fincorp undervalued compared to its fair value and its price relative to the market?

9.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 505850 (₹39.1) is trading above our estimate of fair value (₹4.33)

Significantly Below Fair Value: 505850 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 505850 is good value based on its PE Ratio (9.3x) compared to the IN Consumer Finance industry average (11.1x).

PE vs Market: 505850 is good value based on its PE Ratio (9.3x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 505850's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 505850 is overvalued based on its PB Ratio (0.8x) compared to the IN Consumer Finance industry average (0.5x).


Next Steps

Future Growth

How is Mangal Credit and Fincorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mangal Credit and Fincorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mangal Credit and Fincorp performed over the past 5 years?

26.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 505850 has high quality earnings.

Growing Profit Margin: 505850's current net profit margins (7.6%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: 505850's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: 505850's earnings growth over the past year (8.5%) is below its 5-year average (26.9% per year).

Earnings vs Industry: 505850 earnings growth over the past year (8.5%) exceeded the Consumer Finance industry -2.8%.


Return on Equity

High ROE: 505850's Return on Equity (9.2%) is considered low.


Next Steps

Financial Health

How is Mangal Credit and Fincorp's financial position?


Financial Position Analysis

Short Term Liabilities: 505850's short term assets (₹1.4B) exceed its short term liabilities (₹687.7M).

Long Term Liabilities: 505850's short term assets (₹1.4B) exceed its long term liabilities (₹346.3M).


Debt to Equity History and Analysis

Debt Level: 505850's debt to equity ratio (72.1%) is considered high.

Reducing Debt: 505850's debt to equity ratio has reduced from 439.2% to 72.1% over the past 5 years.

Debt Coverage: 505850's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: 505850's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Mangal Credit and Fincorp current dividend yield, its reliability and sustainability?

1.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 505850's dividend (1.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.66%).

High Dividend: 505850's dividend (1.28%) is low compared to the top 25% of dividend payers in the Indian market (2.76%).


Stability and Growth of Payments

Stable Dividend: 505850's dividend payments have been volatile in the past 10 years.

Growing Dividend: 505850's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.9%), 505850's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Meghraj Jain (50 yo)

1.5yrs

Tenure

₹360,000

Compensation

Mr. Meghraj Sohanlal Jain serves as Managing Director of Mangal Credit and Fincorp Limited. Mr. Jain has been an Executive Director of Mangal Credit and Fincorp Limited since August 14, 2013 and was its Ch ...


CEO Compensation Analysis

Compensation vs Market: Meghraj's total compensation ($USD4.79K) is below average for companies of similar size in the Indian market ($USD49.43K).

Compensation vs Earnings: Meghraj's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Meghraj Jain
MD & Director1.5yrs₹360.00k24.55%
₹ 190.6m
Naval Kamal Maniyar
CFO & Executive Director2.25yrs₹632.80kno data
Supriya Agarwal
Company Secretary & Compliance officer2.08yrs₹528.30kno data

2.1yrs

Average Tenure

Experienced Management: 505850's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Meghraj Jain
MD & Director1.5yrs₹360.00k24.55%
₹ 190.6m
Naval Kamal Maniyar
CFO & Executive Director2.25yrs₹632.80kno data
Nirupama Pendukar
Independent Non Executive Woman Director5.25yrs₹40.00kno data
Srichand Gerela
Chairman of the Board0.67yr₹40.00kno data
Abhishek Jain
Independent Director2.08yrs₹20.00kno data
Ramanathan Annamalai
Independent Director2.08yrs₹30.00kno data
Subramanyam Ganesh
Independent Director1.75yrs₹20.00kno data

2.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 505850's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mangal Credit and Fincorp Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mangal Credit and Fincorp Limited
  • Ticker: 505850
  • Exchange: BSE
  • Founded: 1961
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹776.422m
  • Shares outstanding: 19.31m
  • Website: https://www.mangalfincorp.com

Location

  • Mangal Credit and Fincorp Limited
  • A-1701-1702, Lotus Corporate Park
  • 17th Floor
  • Mumbai
  • Maharashtra
  • 400063
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505850BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
505850BSE (Mumbai Stock Exchange)INR10(POST CONS)INIDRDec 2018

Biography

Mangal Credit and Fincorp Limited operates as a non-banking financial company in India. It offers loans and credit facilities, which includes loan against property, business loans, and personal loan; logis ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 12:41
End of Day Share Price2020/08/04 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.