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Mahan Industries Limited (MAHANIN) Fair Value & Analysis

Financial Services · IN · Market cap ₹49.9M

MI Mahan Industries Limited MAHANIN · BSE
Price₹11.08
Fair Value₹1.74
Upside-84.3%
Quality58/100
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Evidence: Medium Range ₹1.31 – ₹2.18

Fair value as of: Jul 5, 2026

From 14 valuation models · updated today

Share price +4.9% over the past month.

Price vs Fair Value (12 months)

₹11.08 ₹7.54 Fair Value ₹1.74 Jul 2025 Jul 2026

12‑month range ₹7.54 – ₹11.08 · fair‑value band ₹1.31 – ₹2.18 · the ₹11.08 price screens above the ₹1.74 fair value. As of Jul 5, 2026.

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Analysis

Mahan Industries Limited (MAHANIN) currently trades at ₹11.08, while our model-based Fair Value estimate is ₹1.74 — implying the stock looks roughly 84.3% overvalued today. We read business quality at 58/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Mahan Industries Limited generated revenue of ₹62.4M at a net margin of 0.7%. Revenue grew 272.8% year over year. It earns a return on equity of 0.9%. Net debt stands at ₹52.4M. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹1.31 (bear case) to ₹2.18 (bull case); at ₹11.08, the current price sits above that range. The share trades near its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 53% fair-value upside — at -84%, MAHANIN screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹62.4M
Revenue growth (YoY) +273%
Net margin 0.7%
Return on equity 0.9%
Free cash flow −₹361K FY2026
P/E ratio 110.8
More key figures
Operating margin 9.9%
EPS (TTM) ₹0.1000
EPS growth (YoY) +117%
Net debt ₹52.4M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Mahan Industries Limited, a non-banking financial company, invests in equity shares in India. The company also invests in public companies that are traded stock exchange and acquires investment in the secondary market, as well as trades in commodities. In addition, it provides equity capital to the companies, as well as loans and debts to companies, business entities, and high net worth individuals. The company was incorporated in 1995 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mahan Industries Limited reported revenue of ₹57.2M in FY2026 versus ₹5.9M in FY2022, a compound +76.5%/yr. Reported net income was ₹461K in FY2026.

Revenue +76.5%/yr
FY22 ₹5.9M
FY23 ₹11.7M
FY24 ₹7.1M
FY25 ₹21.6M
FY26 ₹57.2M
Net income
FY22 −₹1.6M
FY23 −₹234K
FY24 −₹501K
FY25 −₹1.4M
FY26 ₹461K

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Cite: Fair Value Calculator (2026). "Mahan Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/MAHANIN

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Frequently asked questions

Is Mahan Industries Limited (MAHANIN) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹1.74 versus a price of ₹11.08 — about −84% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAHANIN?
Our model-based fair value for Mahan Industries Limited is ₹1.74 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹11.08.
What is the quality score of MAHANIN?
Mahan Industries Limited has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mahan Industries Limited (MAHANIN)?
Mahan Industries Limited reported trailing-twelve-month revenue of about ₹62.4M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of MAHANIN?
The net profit margin of Mahan Industries Limited is about 0.7%, meaning it keeps roughly 0.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.