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Minal Industries Ltd. Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 60/100 · Average See breakdown ↓
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Day High

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NSE Close — 25 Sep 2026

₹4.68

Change

-0.09 (-1.89%)

Open

₹4.68

Prev. Close

₹4.77

Day High

₹4.68

Day Low

₹4.68

Volume Analysis

Traded

2,281

Delivered

450,334

Delivery %

64.95%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (0)

No signal for this stock

Weaknesses (3)

  • •Low return on equity (1.32%)
  • •Promoter holding is falling
  • •Low operating margin (1.24%)

Opportunities (2)

  • •Strong 3-year EPS growth (26.0%)
  • •Strong 3-year revenue growth (16.9%)

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68
Fibonacci ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68
Camarilla ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68 ₹4.68

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

—

1 Week

-7.33%

1 Month

+11.43%

3 Months

—

6 Months

—

1 Year

—

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹1.58

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

4.03%

Net margin 4.99% × asset turnover 0.49x × equity multiplier 1.65x

Company Overview

Sector

Services

Market Cap

₹93 Cr

P/E (TTM)

252.0

ROE

1.32%

Book Value

₹2.77

Face Value

₹2.0

Source: Screener.in (Consolidated figures) — data as of 23 Sep 2026. Not investment advice.

TopFund Analysis

Minal Industries Ltd. lands in the middle of the pack on TopFund's composite fundamentals check within the Services sector, at 60/100. The strongest factor is Financial Strength (100/100), while Valuation (25/100) is the weakest area to weigh before deciding. Notably: Low return on equity (1.32%); promoter holding is falling. Strong 3-year EPS growth (26.0%).

TopFund Score — Fundamentals Quality

60/100 — Average

Data confidence: 73/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

100

Growth

95

Valuation

25

Cash Flow

70

Corporate Governance

43

Momentum

73

Business Quality

28

Liquidity

45

From Screener.in

  • +Company has reduced debt.
  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company has a low return on equity of 2.40% over last 3 years.
  • −Contingent liabilities of Rs.51.6 Cr.
  • −Earnings include an other income of Rs.2.50 Cr.

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Intimation Relating To Demise Of Promoter Pursuant To Regulation 30 And 31(A)(6)(C) Of SEBI LODR, 2015 21 Sep

Promoter Jesingbhai Badarmal Parikh died on 21 September 2026; removed from promoter group.

Announcement under Regulation 30 (LODR)-Demise 21 Sep

Promoter Jesingbhai Badarmal Parikh died on 21 Sep 2026; removed from promoter group.

Announcement under Regulation 30 (LODR)-Newspaper Publication 04 Sep

Intimation relating to post dispatch advertisement of AGM

Intimation Relating To Dispatch Of Physical Letter To Shareholders Whose Email Ids Are Not Registered With The Company 03 Sep

38th AGM on 29 September 2026; annual report link and KYC update reminder sent.

Intimation Relating To Book Closure For The Purpose Of Annual General Meeting 3 Sep 03 Sep

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Sales + 6 5 15 13 12 11 9 19 10 9 9 15 13
Expenses + 8 9 8 12 12 11 10 15 9 10 10 14 11
Operating Profit -3 -4 7 0 1 0 -1 4 1 -1 -1 1 2
OPM % -46.29% -85.23% 47.87% 3.52% 5.52% 1.86% -10.71% 20.56% 7.37% -13.26% -13.55% 5.86% 15.56%
Other Income + 1 0 -1 -2 0 0 1 0 0 1 0 1 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -2 -4 6 -2 1 0 0 4 1 -1 -1 2 2
Tax % 0.64% 3.36% -1.19% 16.94% 41.79% -11.54% -96.15% -0.57% 10.53% -2.74% 0.0% 15.54% -4.41%
Net Profit + -2 -4 6 -2 0 0 0 4 1 -1 -1 2 2
EPS in Rs 0 0 0 0 0 0 0 0 0 0 0 0 0
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 16 0 4 0 40 36 14 28 27 38 51 43 46
Expenses + 16 1 7 17 41 46 19 28 27 37 47 44 45
Operating Profit 0 -1 -3 -17 -1 -9 -5 0 0 1 4 -1 1
OPM % 2.14% -687.5% -74.26% -165,000.0% -2.78% -26.17% -38.64% -0.57% -0.93% 2.11% 7.55% -1.68% 1.24%
Other Income + 0 0 0 8 1 3 1 2 2 -2 1 2 3
Interest 0 0 0 0 1 0 0 0 2 0 0 0 0
Depreciation 0 0 0 0 -1 1 1 1 1 1 1 1 1
Profit before tax 0 0 -3 -9 1 -7 -5 1 0 -2 4 1 2
Tax % 500.0% 2.63% -1.9% 0.44% 50.0% -0.54% -7.18% 33.0% 6.9% 23.08% -0.72% 38.54% —
Net Profit + 0 0 -3 -9 0 -7 -5 1 0 -2 4 1 2
EPS in Rs 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 61 64 62 55 22 17 15 15 16 15 15 15
Borrowings + 0 0 0 0 21 19 19 9 12 13 8 6
Other Liabilities + 466 510 531 9 23 15 11 10 18 24 24 28
Total Liabilities 566 612 631 102 104 89 83 73 84 91 85 88
Fixed Assets + 1 1 1 1 4 6 5 4 4 4 4 4
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 26 21 21 12 0 0 0 0 0 0 0 0
Other Assets + 539 590 610 89 99 83 78 68 80 87 81 84
Total Assets 566 612 631 102 104 89 83 73 84 91 85 88
Equity Capital 38 38 38 38 38 38 38 38 38 38 38 38

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + -2 -8 0 0 2 -3 5 -17 -2 -1 4 7
Cash from Investing Activity + 0 5 0 0 0 0 -4 28 1 1 0 -1
Cash from Financing Activity + 2 3 0 0 1 -2 0 -11 1 0 -4 -2
Net Cash Flow 0 0 0 0 2 -5 1 -1 0 0 1 4
CFO/OP -517 1,480 0 0 -183 35 -95 11,125 968 -85 101 -1,026
Free Cash Flow -2 -8 0 0 2 -2 5 -17 -3 -1 4 7

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 59.74% → 40.79%
  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 40.26% 40.58% 59.37% 59.37% 59.38% 59.38% 59.37% 59.38% 59.38% 59.37% 59.22% 59.21%
Promoters 59.74% 59.42% 40.63% 40.63% 40.63% 40.63% 40.63% 40.63% 40.63% 40.63% 40.78% 40.79%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Services — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Minal Industries Ltd. (this stock) 93 252.0 1.75 1.32%
Patel Int. Log. Ltd 95 9.04 0.76 7.82%
Cravatex Ltd. 88 10.2 0.74 5.95%
Jet Freight Logistics Ltd 100 13.2 1.41 10.0%
Motor & General Finance L 100 56.4 0.45 -17.8%
Landsmill Green Limited 86 43.6 0.5 0.54%
Goyal Aluminiums Limited 84 17.5 3.33 12.9%

Which Mutual Funds Hold Minal Industries Ltd.?

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