---
title: "Mega Fin (India) Ltd (532105) — Share Price, Financials & Analysis"
symbol: "532105"
company: "Mega Fin (India) Ltd"
canonical: "https://tapetide.com/stocks/532105"
bse_code: "532105"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:00:55.253Z"
---

# Mega Fin (India) Ltd (532105)

Canonical page: https://tapetide.com/stocks/532105

## Company

- **BSE Code:** 532105
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2007-07-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** megafinindia.com

## About

Incorporated in 1982, Mega Fin (India) Ltd is in the business of providing financial services[1]

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 10.3 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.4%
- Promoter holding is low: 29.2%
- Company has a low return on equity of 4.27% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -121% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 0 | 0 | 0.27 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0.05 | 0 |
| Operating Profit | -0.01 | -0.01 | 0.26 | -0.01 | 0 | -0.01 | 0.29 | 0 | 0 | 0 | -0.05 | 0 |
| OPM % | — | — | 96.3 | — | — | — | 96.67 | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 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 |
| Profit before tax | -0.01 | -0.01 | 0.26 | -0.01 | 0 | -0.01 | 0.29 | 0 | 0 | 0 | -0.05 | 0 |
| Tax % | 0 | 100 | 19.23 | 0 | — | 0 | 13.79 | — | — | — | 0 | — |
| Net Profit | -0.01 | -0.03 | 0.21 | -0.01 | 0 | -0.01 | 0.25 | 0 | 0 | 0 | -0.05 | 0 |
| EPS in Rs | -0.01 | -0.04 | 0.26 | -0.01 | 0 | -0.01 | 0.31 | 0 | 0 | 0 | -0.06 | 0 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.21 | 0.22 | 0.23 | 0.24 | 0.25 | 0.27 | 0.3 | 0 | 0 |
| Expenses | 0.16 | 0.21 | 0.2 | 0.16 | 0.17 | 0.12 | 0.07 | 0.03 | 0.06 | 0.05 |
| Operating Profit | -0.16 | 0 | 0.02 | 0.07 | 0.07 | 0.13 | 0.2 | 0.27 | -0.06 | -0.05 |
| OPM % | — | 0 | 9.09 | 30.43 | 29.17 | 52 | 74.07 | 90 | — | — |
| Other Income | 0 | 0 | -0.08 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.16 | 0 | -0.07 | 0.07 | 0.07 | 0.15 | 0.19 | 0.27 | -0.06 | -0.05 |
| Tax % | 0 | — | 0 | 0 | 0 | 0 | 31.58 | 14.81 | 0 | — |
| Net Profit | -0.16 | 0 | -0.07 | 0.07 | 0.07 | 0.15 | 0.13 | 0.23 | -0.06 | -0.05 |
| EPS in Rs | -0.2 | 0 | -0.09 | 0.09 | 0.09 | 0.18 | 0.16 | 0.28 | -0.07 | -0.06 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 | 9.18 |
| Reserves | -6.97 | -7.13 | -7.27 | -7.34 | -7.27 | -7.2 | -7.05 | -6.92 | -6.69 | -6.76 |
| Borrowings | 0 | 0 | 0.35 | 0.5 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 |
| Other Liabilities | 0.12 | 0.2 | 0.06 | 0.06 | 0.1 | 0.12 | 0.1 | 0.13 | 0.17 | 0.23 |
| Total Liabilities | 2.33 | 2.25 | 2.32 | 2.4 | 2.12 | 2.21 | 2.34 | 2.5 | 2.77 | 2.77 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.16 | 0.16 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.17 | 2.09 | 2.29 | 2.4 | 2.12 | 2.21 | 2.34 | 2.5 | 2.77 | 2.77 |
| Total Assets | 2.33 | 2.25 | 2.32 | 2.4 | 2.12 | 2.21 | 2.34 | 2.5 | 2.77 | 2.77 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.01 | 0 | -0.03 | 0 | 0 | 0 | 0 | 0 | -0.01 |
| Cash from Investing Activity | 0 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Net Cash Flow | -0.01 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Free Cash Flow | -0.02 | -0.01 | 0 | -0.03 | 0 | 0 | 0 | 0 | 0 | -0.01 |
| CFO/OP | 50 | 6 | — | -150 | 0 | 0 | 0 | 20 | 0 | 17 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Cash Conversion Cycle | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Working Capital Days | — | — | -52.14 | -66.36 | -95.22 | -91.25 | -73 | -189.26 | -182.5 | — |
| ROCE % | -1.79 | -7.51 | 0 | 0.87 | 3.21 | 3.41 | 6.93 | 8.68 | 10.87 | -2.33 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.01% | 43.01% | 43.08% | 43.01% | 43.01% | 43.01% | 43.01% | 43.01% | 41.65% | 41.65% | 29.2% |
| DIIs | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Public | 56.75% | 56.75% | 56.68% | 56.75% | 56.75% | 56.75% | 56.75% | 56.75% | 58.11% | 58.11% | 70.56% |
| No. of Shareholders | 620 | 620 | 619 | 614 | 613 | 613 | 613 | 613 | 628 | 628 | 735 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.01% | 43.01% | 43.01% | 43.01% | 43.01% | 41.65% | 41.65% | 41.65% | 41.65% | 41.65% | 41.65% | 29.2% |
| DIIs | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Public | 56.75% | 56.75% | 56.75% | 56.75% | 56.75% | 58.11% | 58.11% | 58.11% | 58.11% | 58.11% | 58.11% | 70.56% |
| No. of Shareholders | 613 | 613 | 613 | 613 | 613 | 612 | 608 | 608 | 628 | 628 | 628 | 735 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 35.85 | Sell |
| EMA (10) | 33.96 | Sell |
| SMA (20) | 33.35 | Sell |
| EMA (20) | 31.83 | Sell |
| SMA (50) | 21.07 | Buy |
| EMA (50) | 20.93 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.09 | Neutral |
| MACD (12,26,9) | 3.86 | Sell |
| Stochastic (14,3,3) | 15.2 | Buy |
| ADX (14) | 74.06 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 1.18 | High Volatility |
| ROC (12) | -11.97 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 23.61 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-09-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54c48068-99f8-4d41-ad2f-9e5a1eb61620.pdf) |
| 2026-09-21 | [Summary Of Proceedings And Voting Results Of The Extra General Meeting Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29d02c44-482b-4892-b1a8-c49feb0268aa.pdf) |
| 2026-09-21 | [Summary Of Proceedings And Voting Results Of The Extra General Meeting Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3d3afeb-2402-4692-8d66-9966c9d0b3f3.pdf) |
| 2026-09-21 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc37c517-817a-46a7-9606-5b42161178df.pdf) |
| 2026-09-21 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f42c4d0-443c-48ca-aae7-71a23f54a927.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9710c069-b2bd-48fb-a7e0-4fd274299844.pdf) |
| 2026-08-25 | [Shareholder Meeting / Postal Ballot-Notice Of Extra Ordinary General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd2180ad-a7dc-43a5-a423-8d223d7ea614.pdf) |
| 2026-08-24 | [Board Meeting Outcome for Mega Fin (India) Limited Has informed Regarding Outcome Of Board Meeting Held On August 24, 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d220d608-294b-4a98-8ded-201023f3d216.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3fff20a-e9d1-451a-aaa1-9bebba6e80da.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Board Meeting Outcome For Approval Of Unaudited Financials Results For The Quarter Ended June 30, 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=832afb48-63d6-40c2-997b-9e5dab866b9c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef54ed6a-0f13-420c-ad8f-fc1c4da8451a.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12c136e3-a4af-41ec-9889-a6954f3f544c.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39a36ce7-9ad4-479f-a548-7a15f4040ca2.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88e75776-48ce-41ee-abbd-a28393521d8f.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c51de52c-2251-4ac0-91b4-bd18603f67d3.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/519421/74070519421.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/532105/77063532105.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/519421/71490519421.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/532105/72435532105.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/519421/67489519421.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-06-03 | Credit rating update — CRISIL |
| 2024-07-08 | Credit rating update — CRISIL |
| 2024-03-05 | Credit rating update — CRISIL |
| 2023-05-25 | Credit rating update — CRISIL |
| 2022-06-21 | Credit rating update — CRISIL |
| 2021-09-02 | 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 2026-10-13T11:00:55.253Z.