Mena Mani Industries Ltd (531127)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹1.1 | — | — |
| Net profit | ₹1.1 | +587.3% | — |
| EPS (₹) | 0.10 | +375.0% | — |
📢 Recent Corporate Announcements
Shareholders of Mena Mani Industries approved an increase in the authorised share capital from Rs 16.50 crore to Rs 31.50 crore at the Annual General Meeting held on September 30, 2026. The capital is divided into 31.50 crore equity shares of face value Re 1 each. This involves an alteration of Clause V of the company's Memorandum of Association. The expansion in authorised headroom typically creates room for potential future equity fundraising or corporate actions.
- Authorised share capital increased from Rs 16,50,00,000 to Rs 31,50,00,000
- Total authorised equity shares increased from 16.50 crore to 31.50 crore with face value of Re 1 each
- Shareholder approval received at the AGM held on September 30, 2026
Shareholders of Mena Mani Industries approved an increase in the authorised share capital from Rs 16.50 crore to Rs 31.50 crore at the Annual General Meeting held on September 30, 2026. The capital is divided into 31.50 crore equity shares of face value Re 1 each. This involves an alteration of Clause V of the company's Memorandum of Association. The expansion in authorised headroom typically creates room for potential future equity fundraising or corporate actions.
- Authorised share capital increased from Rs 16,50,00,000 to Rs 31,50,00,000
- Total authorised equity shares increased from 16.50 crore to 31.50 crore with face value of Re 1 each
- Shareholder approval received at the AGM held on September 30, 2026
Shareholders of Mena Mani Industries approved an increase in the authorised share capital from Rs 16.50 crore to Rs 31.50 crore at the Annual General Meeting held on September 30, 2026. The capital is divided into 31.50 crore equity shares of face value Re 1 each. This involves an alteration of Clause V of the company's Memorandum of Association. The expansion in authorised headroom typically creates room for potential future equity fundraising or corporate actions.
- Authorised share capital increased from Rs 16,50,00,000 to Rs 31,50,00,000
- Total authorised equity shares increased from 16.50 crore to 31.50 crore with face value of Re 1 each
- Shareholder approval received at the AGM held on September 30, 2026
Mena Mani Industries has released its FY 2025-26 Annual Report and notice for its AGM scheduled on September 30, 2026. The company is seeking shareholder approval to nearly double its authorised share capital from ₹16.50 crore to ₹31.50 crore. Additionally, it has proposed enabling the conversion of up to ₹75 crore in promoter group loans into equity shares. Financially, the company's net worth turned positive to ₹1,440.22 lakh as of March 31, 2026, compared to negative ₹84.30 lakh in the previous year.
- Proposed increase in authorised share capital from ₹16.50 crore to ₹31.50 crore (31.50 crore equity shares of ₹1 each)
- Enabling resolution to convert promoter loans of up to ₹75 crore into equity shares
- Net worth recovered to positive ₹1,440.22 lakh as of March 31, 2026, from negative ₹84.30 lakh in FY25
- Net debt-to-equity ratio improved to 0.77 as of March 31, 2026, from -17.00 in March 2025
- Total borrowings stood at ₹1,451.27 lakh alongside cash balances of ₹346.10 lakh as of March 31, 2026
Mena Mani Industries has issued a notice for its 34th AGM scheduled for September 30, 2026. The company is seeking shareholder approval to increase its authorised share capital from ₹16.50 crore to ₹31.50 crore. Additionally, it seeks approval to convert promoter loans of up to ₹75 crore into equity shares, which is substantial compared to its net worth of ₹14 crore. The company has also proposed the reappointment of Managing Director Swetank M. Patel for a 5-year term starting March 1, 2026.
- Authorised share capital proposed to increase from ₹16.50 crore to ₹31.50 crore (divided into 31.50 crore shares of ₹1 each)
- Enabling resolution to convert promoter/promoter group debt of up to ₹75 crore into equity shares
- Proposed promoter debt conversion limit of ₹75 crore is over 5x the company's net worth of ₹14 crore
- AGM scheduled for September 30, 2026, at 11:30 AM IST
- Re-appointment of Swetank M. Patel as Managing Director for 5 years from March 1, 2026 to February 28, 2031
Mena Mani Industries Ltd's Board has approved an increase in its Authorised Share Capital from ₹16.50 crore to ₹31.50 crore. The capital will now consist of 31.50 crore equity shares of face value ₹1 each, up from 16.50 crore equity shares. Consequently, Clause V (Capital Clause) of the Memorandum of Association will be altered, subject to shareholder approval in a general meeting. This increase typically lays the groundwork for future equity fundraising, bonus issues, or conversion of instruments.
- Authorised Share Capital increased from ₹16,50,00,000 to ₹31,50,00,000
- Authorised equity share count increases from 16.50 crore shares to 31.50 crore shares of Re 1 each
- Alteration of Clause V (Capital Clause) of MOA subject to shareholder approval
The Board of Directors of Mena Mani Industries Limited has approved an increase in the company's authorised share capital from ₹16.50 crore to ₹31.50 crore. The capital will comprise 31.50 crore equity shares of face value ₹1 each, up from 16.50 crore equity shares previously. This nearly 91% headroom expansion in authorised capital requires approval from shareholders in a general meeting and typically serves as an enabling step for future equity fundraises or corporate actions.
- Board approved increasing authorised share capital from ₹16,50,00,000 to ₹31,50,00,000
- Authorised equity shares increased from 16,50,00,000 to 31,50,00,000 shares of face value Re. 1 each
- Net addition of ₹15,00,00,000 to the authorised capital base
- Alteration of Capital Clause V of the Memorandum of Association subject to shareholder approval
Mena Mani Industries' Board has approved an increase in its authorized share capital from ₹16.50 crore to ₹31.50 crore, divided into 31.50 crore equity shares of ₹1 each. The Board also approved an amendment to its Memorandum of Association (MoA) to diversify into hotels, resorts, wellness, rehabilitation, and senior citizen care centres. Both proposals are subject to shareholder approval at an upcoming General Meeting. This move paves the way for potential equity fundraises and a strategic business pivot relative to its current net worth of ₹14 crore.
- Authorized share capital increased from ₹16,50,00,000 to ₹31,50,00,000 (shares of ₹1 each)
- Proposed addition of Clause III [A] (8) to MoA to enter hospitality, resorts, wellness, and care centres
- All resolutions subject to member approval in the upcoming General Meeting
Mena Mani Industries Ltd has scheduled a Board of Directors meeting on August 26, 2026. The board will consider approving an increase in the company's authorized share capital, subject to shareholder approval. Furthermore, the company will evaluate adding the hotel business to its main object clause, signalling a potential business diversification or pivot.
- Board of Directors meeting scheduled for Wednesday, August 26, 2026
- Agenda includes proposal to increase Authorised Share Capital subject to member approval
- Agenda includes proposal to insert Hotel Business into the company's main objects clause
- Net worth of the company currently stands at ₹14 Cr
Ashoka Metcast Limited, a major non-promoter shareholder, sold 24,86,112 equity shares representing 2.14% of Mena Mani Industries Limited via open market transactions. Following this sale, Ashoka Metcast's direct holding reduced from 10.76% (1.25 crore shares) to 8.62% (1.00 crore shares). The aggregate holding of Ashoka Metcast along with Persons Acting in Concert (PAC) decreased from 11.11% (1.29 crore shares) to 8.97% (1.04 crore shares). The transaction was completed across the open market over the stated disposal window.
- Ashoka Metcast sold 24,86,112 equity shares, equivalent to a 2.14% stake in the company.
- Ashoka Metcast's individual holding fell from 10.76% (12,500,000 shares) to 8.62% (10,013,888 shares).
- Total combined holding of Ashoka Metcast and PACs reduced from 11.11% (12,904,330 shares) to 8.97% (10,418,218 shares).
- Total equity share capital remains unchanged at Rs 11.62 crore (11,62,06,947 equity shares of Re 1 face value).
Non-promoter entity Akhil Retail Private Limited sold 32,09,424 equity shares (2.76% stake) of Mena Mani Industries Limited via open market transactions between July 9, 2026, and August 17, 2026. Following this sale, the combined holding of Akhil Retail and its Persons Acting in Concert (PAC) decreased from 7.18% (83,41,870 shares) to 4.42% (51,32,446 shares). The company's total equity base remains unchanged at 11,62,06,947 equity shares of Re 1 each.
- Akhil Retail sold 32,09,424 equity shares representing 2.76% of paid-up capital
- Combined shareholding of Akhil Retail & PACs reduced from 7.18% to 4.42%
- Sales took place via open market between July 9, 2026, and August 17, 2026
- Total voting capital of the company stands at 11,62,06,947 shares (face value Re 1 each)
Mena Mani Industries reported a sharp increase in standalone net profit to Rs 1.10 Cr for the quarter ended June 30, 2026, compared to just Rs 0.16 Cr in the same quarter last year. Revenue from operations grew 8% YoY to Rs 4.46 Cr. The profit surge was primarily driven by a reduction in total expenses, which fell to Rs 3.36 Cr from Rs 3.97 Cr YoY, despite higher revenue. Notably, this single quarter's profit exceeds the company's total net profit for the entire FY26 (Rs 0.17 Cr) by over six times.
- Net Profit surged to Rs 1.10 Cr in Q1 FY27 from Rs 0.16 Cr in Q1 FY26
- Revenue from operations increased 8% YoY to Rs 4.46 Cr from Rs 4.13 Cr
- Total expenses decreased to Rs 3.36 Cr from Rs 3.97 Cr in the year-ago period
- Earnings Per Share (EPS) improved significantly to Rs 0.095 from Rs 0.016 YoY
- Quarterly profit of Rs 1.10 Cr is approximately 647% of the total FY26 net profit of Rs 0.17 Cr
Mena Mani Industries reported a significant surge in net profit to ₹1.10 Cr for Q1 FY27, compared to ₹0.16 Cr in the same quarter last year. Revenue from operations grew 8% YoY to ₹4.46 Cr. The profit growth was largely driven by a reduction in total expenses to ₹3.36 Cr from ₹3.97 Cr YoY, primarily due to lower stock-in-trade purchases. Despite the profit jump, the company continues to trade at an extremely high P/E ratio of 1266.
- Net Profit increased to ₹1.10 Cr, a ~587% jump from ₹0.16 Cr in June 2025
- Revenue from operations stood at ₹4.46 Cr, up 8% from ₹4.13 Cr in the year-ago period
- Total expenses decreased to ₹3.36 Cr from ₹3.97 Cr YoY, improving operating leverage
- Earnings Per Share (EPS) rose to ₹0.095 from ₹0.016 in June 2025
- Subsidiary JKV Solutions Pvt Ltd reported no operational activity during the quarter
Mena Mani Industries has scheduled a board meeting for August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company, an NBFC with a market capitalization of Rs 205 Cr, reported a TTM revenue of Rs 17 Cr and a marginal TTM PAT of Rs 0.17 Cr. Investors should note the stock's high P/E ratio of 1204.0 and the recent decline in promoter holding from 48.32% to 41.73% in the March 2026 quarter. The trading window for insiders is currently closed and will reopen 48 hours after the results are announced.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Trading window closed for insiders until 48 hours post-result declaration
- Company reported TTM revenue of Rs 17 Cr for FY26
- Promoter holding decreased by 6.59% to 41.73% in the most recent reported quarter (Mar 2026)
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