---
title: "Mascon Global Ltd (531131) — Share Price, Financials & Analysis"
symbol: "531131"
company: "Mascon Global Ltd"
canonical: "https://tapetide.com/stocks/531131"
isin: "INE896A01013"
bse_code: "531131"
generated_at: "2026-10-13T11:00:59.494Z"
---

# Mascon Global Ltd (531131)

Canonical page: https://tapetide.com/stocks/531131

## Company

- **BSE Code:** 531131
- **ISIN:** INE896A01013
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mgl.com

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.20 times its book value
- Debtor days have improved from 106 to 68.6 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -29.2% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -334% | — | — |
| revenue growth | -22% | -4% | 16% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 286.55 | 263.5 | 283.64 | 272.91 | 286.87 | 260.63 | 246.39 | 205.06 | 214.88 | 215.55 | 240.74 | 223.52 |
| Expenses | 253.37 | 230.29 | 248.5 | 232.16 | 246.04 | 219.69 | 211.21 | 178.51 | 181.66 | 189.4 | 212.94 | 201.6 |
| Operating Profit | 33.18 | 33.21 | 35.14 | 40.75 | 40.83 | 40.94 | 35.18 | 26.55 | 33.22 | 26.15 | 27.8 | 21.92 |
| OPM % | 11.58 | 12.6 | 12.39 | 14.93 | 14.23 | 15.71 | 14.28 | 12.95 | 15.46 | 12.13 | 11.55 | 9.81 |
| Other Income | 0.94 | 3.09 | 78.45 | 2.07 | 3.33 | 2.41 | 1.91 | 3.1 | 4.3 | 4.55 | 2.37 | 3.07 |
| Interest | 8.73 | 9 | 13.87 | 8.21 | 6.69 | 6.45 | 5.65 | 4.93 | 4.34 | 3.79 | 3.57 | 3.89 |
| Depreciation | 15.13 | 15.01 | 15.02 | 14.87 | 16.28 | 15.59 | 16 | 15.95 | 15.93 | 16.4 | 17.01 | 17.97 |
| Profit before tax | 10.26 | 12.29 | 84.7 | 19.74 | 21.19 | 21.31 | 15.44 | 8.77 | 17.25 | 10.51 | 9.59 | 3.13 |
| Tax % | -62.18 | 24.33 | 14.75 | 24.52 | 15.9 | 33.18 | 38.21 | 21.66 | 43.65 | 42.91 | 37.33 | 72.84 |
| Net Profit | 16.64 | 9.3 | 72.22 | 14.91 | 17.83 | 14.24 | 9.54 | 6.87 | 9.72 | 6 | 6.01 | 0.86 |
| EPS in Rs | 8.87 | 4.96 | 38.48 | 7.94 | 9.5 | 7.58 | 5.08 | 3.66 | 5.17 | 3.19 | 3.2 | 0.46 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 15m |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 386 | 566 | 892 | 1174 | 1021 | 801 |
| Expenses | 356 | 514 | 795 | 1091 | 1093 | 1285 |
| Operating Profit | 30 | 52 | 97 | 83 | -72 | -484 |
| OPM % | 8 | 9 | 11 | 7 | -7 | -60 |
| Other Income | 11 | 3 | 3 | 28 | 1 | 19 |
| Interest | 12 | 13 | 26 | 42 | 45 | 64 |
| Depreciation | 3 | 3 | 3 | 2 | 3 | 3 |
| Profit before tax | 26 | 40 | 70 | 67 | -119 | -531 |
| Tax % | 4 | 12 | 12 | 11 | 4 | 0 |
| Net Profit | 25 | 35 | 61 | 60 | -123 | -534 |
| EPS in Rs | 0.96 | 1.32 | 1.68 | 1.61 | -3.3 | -14.34 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 259 | 264 | 367 | 372 | 372 | 372 |
| Reserves | 207 | 262 | 426 | 484 | 329 | -195 |
| Borrowings | 82 | 194 | 401 | 555 | 481 | 506 |
| Other Liabilities | 49 | 72 | 133 | 316 | 373 | 307 |
| Total Liabilities | 597 | 792 | 1327 | 1727 | 1555 | 990 |
| Fixed Assets | 119 | 199 | 334 | 461 | 459 | 321 |
| CWIP | 30 | 31 | 30 | 31 | 7 | 0 |
| Investments | 86 | 80 | 464 | 431 | 460 | 349 |
| Other Assets | 362 | 482 | 499 | 805 | 628 | 321 |
| Total Assets | 597 | 792 | 1327 | 1727 | 1555 | 990 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | -68 | 106 | -29 | 119 | 18 |
| Cash from Investing Activity | -31 | -78 | -387 | -95 | -22 | 18 |
| Cash from Financing Activity | 68 | 110 | 254 | 126 | -115 | -37 |
| Net Cash Flow | 40 | -36 | -26 | 1 | -17 | -1 |
| Free Cash Flow | -10 | -72 | 104 | -33 | 127 | 16 |
| CFO/OP | 8 | -130 | 113 | -32 | -172 | -4 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Jun 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 103 | 108 | 110 | 113 | 136 | 69 |
| Cash Conversion Cycle | 103 | 108 | 110 | 113 | 136 | 69 |
| Working Capital Days | 164 | 163 | 91 | 95 | 54 | -9 |
| ROCE % | — | 8 | 10 | 8 | -6 | -50 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.3% | 55.3% | 55.3% | 55.53% | 56% | 56.22% | 56.22% | 56.23% | 56.19% | 56.19% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.06% | 0.01% | 0% |
| DIIs | 0.14% | 0.24% | 0.13% | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 44.56% | 44.46% | 44.57% | 44.47% | 43.99% | 43.78% | 43.77% | 43.7% | 43.8% | 43.8% |
| No. of Shareholders | 5305 | 5275 | 5245 | 5203 | 5243 | 7463 | 6309 | 9567 | 10825 | 9852 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56.22% | 56.26% | 56.26% | 56.26% | 56.23% | 56.23% | 56.23% | 56.23% | 56.19% | 56.19% | 56.19% | 56.19% |
| FIIs | 0% | 0% | 0.02% | 0% | 0.06% | 0.01% | 0% | 0% | 0.01% | 0% | 0% | 0% |
| Government | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 43.77% | 43.72% | 43.69% | 43.73% | 43.7% | 43.75% | 43.75% | 43.75% | 43.8% | 43.79% | 43.8% | 43.8% |
| No. of Shareholders | 6309 | 7176 | 7414 | 7284 | 9567 | 11872 | 11841 | 11227 | 10825 | 10551 | 10216 | 9852 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4.61 | Buy |
| EMA (10) | 4.75 | Buy |
| SMA (20) | 5.09 | Sell |
| EMA (20) | 4.86 | Sell |
| SMA (50) | 4.74 | Buy |
| EMA (50) | 5.02 | Sell |
| SMA (100) | 5.46 | Sell |
| EMA (100) | 5.44 | Sell |
| SMA (200) | 6.4 | Sell |
| EMA (200) | 6.43 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.3 | Neutral |
| MACD (12,26,9) | -0.11 | Sell |
| Stochastic (14,3,3) | 42.99 | Neutral |
| ADX (14) | 22.25 | Neutral |
| Williams %R (14) | -49.22 | Neutral |
| ATR (14) | 0.38 | High Volatility |
| ROC (12) | -1.42 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 56.61 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55fa9490-b841-4df0-8d4a-7d790cac6db8.pdf) |
| 2026-02-24 | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c2d69c0-fd65-4b2a-839e-843c97fccfeb.pdf) |
| 2026-02-21 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c95dd164-6471-45cf-bd2c-e036ebb6404a.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33b7ba24-b9be-4d5f-96d2-832f70f93828.pdf) |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8277e53-5d82-4e2d-8701-959d520776da.pdf) |
| 2026-02-12 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On February 12, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d34c0177-f349-4a08-9648-43b5e671b9a6.pdf) |
| 2026-02-12 | [Outcome Of The Board Meeting Held On February 12, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35510012-efdf-4092-8632-22d317c186ab.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c40d3ab6-8d16-4e42-aaaa-9fc3875a3544.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afa25f75-d6dd-473d-beb9-932e9013896e.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eab7b200-0abe-4bce-9d75-a86be435b90d.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/097be1c6-7849-4809-9eee-cd59747f1270.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/522073/75218522073.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/522073/70940522073.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/522073/67792522073.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/522073/5220730319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/522073/5220730318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/522073/5220730317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/522073/5220730316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33b7ba24-b9be-4d5f-96d2-832f70f93828.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/705860b9-d2fb-4481-a3f8-1d80d32fd805.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ed789e2-6693-4d46-abae-5349ca789376.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2029e272-441d-44a7-908c-11974e0daad2.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81e7c9a4-0cd1-40f8-959b-bb18e1bb51a4.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8877e351-a513-43fc-897a-f4ab0c3beeb3.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d4a2c73-13a2-4a9c-a8ac-6d52d6f371ad.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24d7873b-d3fa-470c-ad82-989889875825.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7e9fdc6-1386-4755-9a72-1b1a69534446.pdf) |
| Mar 2024 | [Concall - Mar 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a0bc825-a020-402f-bd60-7fc286fe3c01.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-02-02 | Credit rating update — CRISIL |
| 2025-05-08 | Credit rating update — CRISIL |
| 2024-12-03 | Credit rating update — CRISIL |
| 2024-02-08 | Credit rating update — CRISIL |
| 2023-05-16 | Credit rating update — CRISIL |
| 2022-04-08 | Credit rating update — CRISIL |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:59.494Z.