Mangal Credit & Fincorp Ltd (MANCREDIT) Share Price & Fundamentals

What we do

Mangal Credit & Fincorp Ltd is a Mumbai-based non-banking financial company providing diverse loan products to various customer segments.

Founded in

1,961

Market share

Emerging trusted NBFC with expanding branch network in Maharashtra, Gujarat, and Rajasthan.

Problem solved

Offers credit solutions addressing financing needs of individuals and businesses with simplified access to funds.

Top clients or who we serve

Serves retail customers and small-medium enterprises (B2C and B2B) through loans and financial services.

Key management

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Our journey and innovations

Started as Tak Machinery; transformed into NBFC focused on loans; expanded branch network and listed on NSE in 2024.

Where we operate

Operates primarily in Maharashtra, Gujarat, and Rajasthan with 23 branches as of March 2025.

Top products or what we offer

Loan products including gold loans, business loans, and others; plus broking and logistics services segments.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue is largely recurring from interest income on loans and financial services.

Our industry position

Strong capital adequacy ratio (41.15%), low NPAs, and credit rating of CRISIL BBB/Stable position it well in NBFC sector.

Financial highlights

FY 2024-25 revenue Rs. 49.58 crore; PAT Rs. 13.07 crore; loan AUM grew 28.8% YoY to Rs. 294.57 crore.

Geographical revenue split

Revenue largely from western India, notably Maharashtra, Gujarat, and Rajasthan.

Order book

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Whats driving growth

Loan book growth, branch expansion, strong capital adequacy, and improved asset quality drive performance.

Our future plans

Expanding branch network further and diversifying loan products; ongoing capital raising through debt instruments.

Our green promise

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Our people and values

Employs 124 staff fostering inclusive, ethical, and customer-centric culture.

Key challenges ahead

Maintaining asset quality and competitive financing rates in a regulated NBFC sector.

Interesting facts

Listed on NSE in August 2024; upgraded and renamed multiple times since 1961.

Risks and strategy

Focus on prudent risk management with RBI compliance and diversified funding sources to mitigate sector risks.