Mangal Credit & Fincorp Ltd
MANCREDITMangal Credit & Fincorp Ltd is strength at full price. The numbers are improving — and a P/BV at the 98th percentile of its own range says the market knows.
The sharpest disagreement: the engine is strong, but at the 98th percentile of its own range you are paying full price for it.
The price is in a confirmed uptrend (11 weeks in) while the P/BV sits at the 98th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +89.7% year on year, and gross NPA has moved to 1.31%. What settles it: whether the earnings grow into the multiple.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Mangal Credit & Fincorp Ltd trades at ₹238, in a confirmed uptrend and 11 weeks into that stage. That is +21.5% against its own 200-day average. It sits at 90% of a 52-week range of ₹168 to ₹246. On relative strength it has no relative-strength read yet.
Today the stock is in a confirmed uptrend — week 11 of stage 2, confirmed. At ₹238 it trades +21.5% versus its 200-day average and sits at 90% of its 52-week range (₹168–₹246).
Against the market, two honest reads. Cumulative: over the last 2 months the stock moved +42% while the NIFTY 500 moved +4% — ahead of the index over the full window. Recent form: no trailing-13-week read yet — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
Mangal Credit & Fincorp Ltd trades at 2.9× P/BV, about the priciest it has ever traded. Its long-run median P/BV is 1.7×, measured across 10.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 2.9× is about the priciest it has ever traded, against a long-run median of 1.7× measured over 10.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The honest context for that discount: a bank earning about 10% on its equity is worth less per rupee of book, and the market has priced that in rather than overlooked it. The discount closes only if the returns themselves improve.
Put together: the multiple is full against its own past, so the story rests on the book-value line underneath it, not the multiple.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Mangal Credit & Fincorp Ltd reads as mixed on its fundamental arc. Mixed — the growth curves are steadily positive, but ROE at 10.0% is below the 12% bar this page requires to call it Consistent. The read is built from 12 quarters across 4 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +40.0% | +49.4% | +44.8% | +24.2% |
| Profit | +15.4% | +23.3% | +20.1% | +31.1% |
| EPS | +8.5% | +20.9% | +19.6% | +26.5% |
4-Factor Sector Score
49.8/100 — rank 2 of 8 in NBFC - Others · 55% evidence confidence
Mangal Credit & Fincorp Ltd scores 49.8 out of 100 against the 8 companies it is compared with in NBFC - Others, ranking 2. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 23.4 + 12.3 + 2.7 + 11.4 = 49.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.
Mangal Credit & Fincorp Ltd reported ₹22.2 Cr of income in the Jun 26 quarter, +53.1% year on year. That is the 9th straight quarter of year-on-year growth. Over 10 years it has compounded at 24.2% a year. The last full year, FY26, came in at ₹70.0 Cr. The last four reported quarters add to ₹77.6 Cr.
FY26 revenue came in at ₹70.0 Cr (+40.0% on the year), capping 10 years at 24.2% compound. The latest quarter (Jun 26) printed ₹22.2 Cr, +53.1% year on year — the 9th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +48.1% growth against the decade's 24.2% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +48.7% over the last 4 quarters against +43.7%/yr over the last 8 — accelerating; TTM profit +45.9% vs +23.3%/yr — accelerating.
Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.
Mangal Credit & Fincorp Ltd's net margin is 25.7% in the Jun 26 quarter, +5.0 percentage points against the same quarter a year ago. Across 15 fiscal years the net margin has ranged 1.4% to 68.8%. The current quarter sits inside that band.
The latest quarter's net margin is 25.7%, +5.0 pp against the same quarter a year ago. Across 15 fiscal years the net margin has ranged 1.4%–68.8%.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Mangal Credit & Fincorp Ltd earned ₹5.7 Cr of net profit in the Jun 26 quarter, +89.7% year on year. It is the 3rd consecutive quarter of growth. Full-year FY26 profit was ₹15.0 Cr. The 10-year compound rate is 31.1%. That is 25.7% of the quarter's revenue. The same quarter a year earlier earned ₹3.0 Cr.
Jun 26 profit was ₹5.7 Cr, +89.7% year on year — the 3rd consecutive quarter of growth. On the full year, FY26 printed ₹15.0 Cr (+15.4%), and the 10-year compound rate is 31.1%.
Why profit moved: revenue contributed +53.1% and the margin +5.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +50.4% vs revenue +48.1%. Profit and revenue are moving roughly in step.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Mangal Credit & Fincorp Ltd's gross NPA is 1.31% of the loan book in Dec 25. Net of provisions already set aside, 0.75% remains. Across the 2 quarters held here the book has ranged 1.27% to 1.31%. Falling NPAs are a loan book healing; rising NPAs are damage arriving.
Dec 25: gross NPA at 1.31% and net NPA at 0.75%. Over the 2 quarters we hold, the book's worst reading was 1.31% and its best is 1.27%.
The synthesis: profit growth at a bank is only as good as the book behind it, and this book is not yet on a clear healing streak. A note on depth: quarterly provisioning detail is not in our numbers yet, so this ladder reads levels and trend, not the cost of the cleanup.
Why the ladder moved: recoveries, write-offs and slippages each play a part, and that split sits below what we hold — the numbers show the healing; the driver mix does not travel with them.
The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
Mangal Credit & Fincorp Ltd's revenue grew +40.0% in FY26 to ₹70.0 Cr, so the book is growing. The latest quarter ran +53.1% year on year. The net margin on that income is 25.7%, +5.0 percentage points against a year ago.
FY26 revenue was ₹70.0 Cr, +40.0% on the year, and the latest quarter ran +53.1% year on year. The net margin on that revenue is 25.7% this quarter (+5.0 pp YoY) — growth with a widening margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
Mangal Credit & Fincorp Ltd earns a return on equity of 10% in FY26. Its trough over the ladder below was 1% in FY15. For a lender the balance sheet is the operating asset, so equity return and asset return have to be read together.
FY26 ROE came in at 10%, recovered from a FY15 trough of 1%. Return on assets is withheld on this page — its two source series disagree for this quarter. That return is below the bar a bank must clear to compound book value quickly — which is also the honest reason the stock trades where it does.
Why ROE moved: profit compounded 31.1% a year over 10 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters added 3.5 points of Mangal Credit & Fincorp Ltd over 8 quarters, the biggest move on the register. That takes promoters to 55.3% of the company. Foreign institutions moved +0.1 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +3.5 points over 8 quarters to 55.3%; Foreign institutions: +0.1 points over 8 quarters to 0.1%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Why the register moved: promoters drove it (+3.5 points) — steady accumulation by institutions reading the same numbers this page reads.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Mangal Credit & Fincorp Ltd: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1A.K.Capital Services Ltd530499 | 55.2/100Mixed-positive evidence70% evidence | TURNING | 20.2/35 Income 15.6% · PAT 34.1% 62% evidence | 13.2/25 ROA — · ROE 11% · GNPA — 34% evidence | 12.4/20 P/BV 1.1× · P/BV÷ROE 0.1 100% evidence | 9.4/20 RS sector -33.7% · RS bench 14.3% · 1Y 66.2%6 of 12 weeks ahead 100% evidence |
| Exact sum: 20.2 + 13.2 + 12.4 + 9.4 = 55.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Mangal Credit & Fincorp Ltdthis pageMANCREDIT | 49.8/100Thin evidence · provisional55% evidence | 23.4/35 Income 48.7% · PAT 45.9% 62% evidence | 12.3/25 ROA — · ROE 9.8% · GNPA — 34% evidence | 2.7/20 P/BV 2.91× · P/BV÷ROE 0.3 100% evidence | 11.4/20 RS sector — · RS bench 25.1% · 1Y — 25% evidence | |
| Exact sum: 23.4 + 12.3 + 2.7 + 11.4 = 49.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 3Manba Finance LtdMANBA | 49.1/100Mixed-negative evidence85% evidence | FADING | 12.8/35 Income 31.6% · PAT 11.6% 95% evidence | 17.9/25 ROA 2.3% · ROE 11.6% · GNPA 3.4% 95% evidence | 12.6/20 P/BV 1.64× · P/BV÷ROE 0.14 70% evidence | 5.8/20 RS sector -58.2% · RS bench 5.9% · 1Y -5.3%10 of 11 weeks ahead 70% evidence |
| Exact sum: 12.8 + 17.9 + 12.6 + 5.8 = 49.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4India Finsec Ltd535667 | 46.9/100Mixed-negative evidence64% evidence | LEADER | 18.3/35 Income 19.1% · PAT 19.9% 62% evidence | 14.8/25 ROA — · ROE 12.6% · GNPA — 34% evidence | 3.3/20 P/BV 5.46× · P/BV÷ROE 0.43 70% evidence | 10.5/20 RS sector -25.8% · RS bench 28.8% · 1Y 46.9%11 of 12 weeks ahead 100% evidence |
| Exact sum: 18.3 + 14.8 + 3.3 + 10.5 = 46.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Unifinz Capital India Ltd541358 | 67.7/100Thin evidence · provisional49% evidence | 28.0/35 Income 100% · PAT 100% 62% evidence | 15.4/25 ROA — · ROE 72.1% · GNPA — 34% evidence | 16.1/20 P/BV 2.72× · P/BV÷ROE 0.04 70% evidence | 8.2/20 RS sector — · RS bench -4.3% · 1Y — 25% evidence | |
| Exact sum: 28 + 15.4 + 16.1 + 8.2 = 67.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 6Aye Finance LtdAYE | 47.2/100Thin evidence · provisional26% evidence | BREAKING OUT | 16.1/35 Income — · PAT — 10% evidence | 11.6/25 ROA — · ROE 9.2% · GNPA — 34% evidence | 9.5/20 P/BV 1.81× · P/BV÷ROE 0.2 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —11 of 11 weeks ahead 0% evidence |
| Exact sum: 16.1 + 11.6 + 9.5 + 10 = 47.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Dhenu Buildcon Infra Ltd501945 | 44.6/100Thin evidence · provisional46% evidence | ASLEEP | 17.2/35 Income 100% · PAT -80% 62% evidence | 9.0/25 ROA — · ROE -0.2% · GNPA — 34% evidence | 9.6/20 P/BV 4.56× · P/BV÷ROE — 10% evidence | 8.8/20 RS sector 1.4% · RS bench -14.5% · 1Y 11.9%2 of 12 weeks ahead 70% evidence |
| Exact sum: 17.2 + 9 + 9.6 + 8.8 = 44.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8Mrugesh Trading Ltd512065 | 41.5/100Thin evidence · provisional27% evidence | LEADER | 11.8/35 Income -41.9% · PAT -80% 33% evidence | 8.2/25 ROA — · ROE -0.5% · GNPA — 34% evidence | 9.0/20 P/BV 90.7× · P/BV÷ROE — 10% evidence | 12.5/20 RS sector — · RS bench 191.3% · 1Y 11528.2%12 of 12 weeks ahead 25% evidence |
| Exact sum: 11.8 + 8.2 + 9 + 12.5 = 41.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Mangal Credit & Fincorp Ltd's share price today?
Mangal Credit & Fincorp Ltd trades at ₹238. The company is valued at ₹503 Cr. The stock sits at 90% of its 52-week range of ₹168–₹246, +21.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 11 weeks in. — as of 18 September 2026.
What were Mangal Credit & Fincorp Ltd's latest quarterly results?
Mangal Credit & Fincorp Ltd reported total income of ₹22.2 Cr and net profit of ₹5.7 Cr for the Jun 26 quarter. Income rose 53.1% and profit rose 89.7% year on year. Earnings per share were ₹2.69. The net margin was 25.7%, 5.0 pp higher than a year earlier. — as of 18 September 2026.
What is Mangal Credit & Fincorp Ltd's revenue?
Mangal Credit & Fincorp Ltd reported revenue of ₹22.2 Cr in the Jun 26 quarter, +53.1% year on year. For the full FY26 fiscal year, revenue was ₹70.0 Cr (+40.0%). Over the last 10 years revenue compounded at 24.2% a year. — as of 18 September 2026.
What is Mangal Credit & Fincorp Ltd's profit?
Mangal Credit & Fincorp Ltd earned ₹5.7 Cr of net profit in the Jun 26 quarter, +89.7% year on year — the 3rd straight quarter of growth. Full-year FY26 profit was ₹15.0 Cr. The net margin ran 25.7% in the latest quarter. — as of 18 September 2026.
What is Mangal Credit & Fincorp Ltd's market cap?
Mangal Credit & Fincorp Ltd's market capitalisation is ₹503 Cr at a share price of ₹238. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 18 September 2026.
What is Mangal Credit & Fincorp Ltd's P/BV ratio?
Mangal Credit & Fincorp Ltd trades at a P/BV of 2.9×, at the 98th percentile of its own 10-year range, against a long-run median of 1.7×. This is a comparison with the stock's own history, not a value call — as of 18 September 2026.
Does Mangal Credit & Fincorp Ltd pay a dividend?
Yes — Mangal Credit & Fincorp Ltd's dividend payout was 10% of profit in FY26, and it recorded a payout in 14 of its last 15 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 18 September 2026.
Is Mangal Credit & Fincorp Ltd overvalued?
On its own history, Mangal Credit & Fincorp Ltd looks expensive: its P/BV of 2.9× sits at the 98th percentile of its 10-year range (long-run median 1.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 18 September 2026.
Is Mangal Credit & Fincorp Ltd growing?
Yes — Mangal Credit & Fincorp Ltd is growing: latest-quarter revenue +53.1% year on year, profit +89.7%, and the net margin +5.0 pp at 25.7%. The 10-year compound rates are 24.2% (revenue) and 31.1% (profit). The earnings engine currently reads: improving — as of 18 September 2026.
How is Mangal Credit & Fincorp Ltd performing?
Mangal Credit & Fincorp Ltd is in a confirmed uptrend, 11 weeks in. Its latest quarter's income rose 53.1% and profit rose 89.7% year on year. This describes what the data did, not a rating. — as of 18 September 2026.
What stage is Mangal Credit & Fincorp Ltd in?
Mixed — the growth curves are steadily positive, but ROE at 10.0% is below the 12% bar this page requires to call it Consistent. The read comes from the last 12 quarters of growth (revenue growth +48.7% latest, profit growth +45.9% latest, eps growth +35.1% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 18 September 2026.
Is Mangal Credit & Fincorp Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 11 of stage 2), trading +21.5% versus its 200-day average and at 90% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 18 September 2026.
Will Mangal Credit & Fincorp Ltd's share price go up?
This page publishes no price forecast for Mangal Credit & Fincorp Ltd. What it measures instead: the share price is ₹238, the price is in a confirmed uptrend 11 weeks in. Its P/BV of 2.9× sits at the 98th percentile of its own 10-year range. — as of 18 September 2026.
Who owns Mangal Credit & Fincorp Ltd?
Promoters hold 55.3% of Mangal Credit & Fincorp Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 44.6% (latest quarter). The biggest move on the register over the last two years: Promoters added 3.5 points over 8 quarters. — as of 18 September 2026.
Is Mangal Credit & Fincorp Ltd's loan book healthy?
Gross NPA is 1.31% of Mangal Credit & Fincorp Ltd's loan book, and net NPA stands at 0.75%. Falling NPAs are a loan book healing; rising NPAs are damage arriving — as of 18 September 2026.
Where is Mangal Credit & Fincorp Ltd in its business cycle?
Mangal Credit & Fincorp Ltd's FY26 net margin was 21.4%, against a 15-year band of 1.4%–68.8%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 25.7%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 18 September 2026.
What could break the Mangal Credit & Fincorp Ltd story?
The sharpest disagreement: the engine is strong, but at the 98th percentile of its own range you are paying full price for it. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 18 September 2026.
Is Mangal Credit & Fincorp Ltd a stock worth studying right now?
This is not investment advice. The machine read: Mangal Credit & Fincorp Ltd is strength at full price. The numbers are improving — and a P/BV at the 98th percentile of its own range says the market knows. The sharpest open question: whether the earnings grow into the multiple. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 18 September 2026.
Not SEBI Registered !! Not Investment advice !!