INTEGRATED FILING — NBFC



General information about company

Scrip code 505850
NSE Symbol MANCREDIT
MSEI Symbol NOTLISTED
ISIN INE545L01039
Name of company Mangal Credit and Fincorp Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 15-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Finance
Start date and time of board meeting 15-May-2025   14:30:00
End date and time of board meeting 15-May-2025   16:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2023-02-13
Indicate Company website link for updated RPT policy of the Company https://mangalfincorp.com/investerZone.aspx
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? Yes


Financial Results — NBFC
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations
(i) Interest Income 130059000 480354000
(ii) Dividend Income 0 0
(iii) Rental Income 0 0
(iv) Fees and commission Income 3596000 15408000
(v) Net gain on fair value changes 0 0
(vi) Net gain on derecognition of financial instruments under amortised cost category 0 0
(vii) Sale of products (including Excise Duty) 0 0
(viii) Sale of services 0 0
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 133655000 495762000
Other income 0 0
Total income 133655000 495762000
2 Expenses
Cost of materials consumed 0 0
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 19878000 70415000
Finance costs 53727000 183924000
Depreciation, depletion and amortisation expense 3806000 12355000
Fees and commission expense 0 0
Net loss on fair value changes 0 0
Net loss on derecognition of financial instruments under amortised cost category 0 0
Impairment on financial instruments 3349000 7275000
(f) Other expenses
1 Other Expenses 11365000 36408000
Total other expenses 11365000 36408000
Total expenses 92125000 310377000
3 Total profit before exceptional items and tax 41530000 185385000
4 Exceptional items -3331000 -3331000
5 Total profit before tax 38199000 182054000
7 Tax expense
8 Current tax 13013000 52304000
9 Deferred tax -990000 -926000
10 Total tax expenses 12023000 51378000
11 Net Profit Loss for the period from continuing operations 26176000 130676000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
17 Net profit (loss) from discontinued operation after tax 0 0
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
15 Total profit (loss) for period 26176000 130676000
16 Other comprehensive income net of taxes 4465000 14677000
17 Total Comprehensive Income for the period 30641000 145353000
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 19563986000000 19563986000000
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve 1211473000
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 1.34 6.68
Diluted earnings per share from continuing operations 1.3 6.58
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 1.34 6.68
Diluted earnings per share 1.3 6.58
23 Debt equity ratio 0.0141 0.0141
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results


Remarks
23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 182054000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 184020000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 4070000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -959000
Adjustments for decrease (increase) in other non-current assets -643582000
Adjustments for other financial assets, non-current -954000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -1258000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities -153000
Adjustments for depreciation and amortisation expense 12355000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 2211000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 414000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 479602000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 10606000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -912832000
Net cash flows from (used in) operations -730778000
Dividends received 0
Interest paid 182892000
Interest received 458128000
Income taxes paid (refund) 38061000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -493603000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 8082000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 6111000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -49377000
Net cash flows from (used in) investing activities -51348000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 620934000
Repayments of borrowings 0
Payments of lease liabilities 9008000
Dividends paid 11738000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 600188000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 55237000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 55237000
Cash and cash equivalents cash flow statement at beginning of period 63117000
Cash and cash equivalents cash flow statement at end of period 118354000




Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 118354000
Bank Balance other than (a) above 145192000
Derivative financial instruments 0
Receivables
(I) Trade Receivables 0
(II) Other Receivables 679000
Loans 2916525000
Investments 140052000
Other Financial assets 8696000
Total Financial Assets 3329498000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 0
Deferred tax Assets (Net) 5360000
Investment Property 131611000
Biological assets other than bearer plants 0
Property, Plant and Equipment 7195000
Capital work-in-progress 0
Intangible assets under development 1874000
Goodwill 0
Other Intangible assets 15894000
Other non-financial assets (to be specified) 2589000
Total Non Financial Assets 164523000
Total assets 3494021000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 195640000
Other equity 1211473000
Total equity attributable to owners of parent 1407113000
Non controlling interest
Total equity 1407113000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0
(b) Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 7000
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 7470000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 489000
(C ) Debt Securities 0
(d) Borrowings (Other than Debt Securities) 1988464000
(e) Deposits 16446000
(f) Subordinated Liabilities 0
(g) Other financial liabilities 3367000
Total Financial Liabilities 2016243000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 42766000
(b) Provisions 6692000
(C ) Deferred tax liabilities (Net) 0
(d) Other non-financial liabilities 21207000
Total Non Financial Liabilities 70665000
Total liabilities 2086908000
Total equity and liabilites 3494021000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss 4483000 17717000
Total Amount of items that will not be reclassified to profit and loss 4483000 17717000
2 Income tax relating to items that will not be reclassified to profit or loss 18000 3040000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 4465000 14677000




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Bhagwagar Dalal & Doshi, Chartered Accountants Yes 31-Dec-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mangal Credit and Fincorp Limited Mangal Compusolution Ltd Significant Influence Any other transaction Computer Rental Paid 2500000 NA 2500000 2024-02-02 7000 8000 0
2 Mangal Credit and Fincorp Limited Nilesh Jain Key Managerial Person Remuneration 20000000 NA 20000000 2024-02-02 1054000 185000 173000
3 Mangal Credit and Fincorp Limited Meghraj Jain Key Managerial Person Remuneration 20000000 NA 20000000 2024-02-02 1500000 200000 200000
4 Mangal Credit and Fincorp Limited Meghraj Jain Key Managerial Person Interest paid 200000000 NA 200000000 2024-02-02 9631000 1570000 0
5 Mangal Credit and Fincorp Limited Meghraj Jain Key Managerial Person Loan 1000000000 NA 1000000000 2024-02-02 113200000 223000000 230700000 Textual Information(1)
6 Mangal Credit and Fincorp Limited Meghraj Jain Key Managerial Person Loan 1000000000 NA 1000000000 2024-02-02 120900000 0 0 Textual Information(2)
7 Mangal Credit and Fincorp Limited Vineeta Patel Independent Director Any other transaction Directors Sitting Fees 1000000 NA 1000000 2024-02-02 75000 0 0
8 Mangal Credit and Fincorp Limited Subramanyam Ganesh Independent Director Any other transaction Directors Sitting Fees 1000000 NA 1000000 2024-02-02 75000 0 0
9 Mangal Credit and Fincorp Limited Ramanathan Annamalai Independent Director Any other transaction Directors Sitting Fees 1000000 NA 1000000 2024-02-02 75000 0 0
10 Mangal Credit and Fincorp Limited Sriram Shankarnarayan Independent Director Any other transaction Directors Sitting Fees 1000000 NA 1000000 2024-02-02 75000 0 0
11 Mangal Credit and Fincorp Limited Sujan Sinha Non Executive Director Any other transaction Directors Sitting Fees 1000000 NA 1000000 2024-02-02 50000 0 0
12 Mangal Credit and Fincorp Limited Sujan Sinha Non Executive Director Any other transaction Professional Fees 5000000 NA 5000000 2024-02-02 210000 0 0
13 Mangal Credit and Fincorp Limited Hardik Jain Key Managerial Person Remuneration 20000000 NA 20000000 2024-02-02 3600000 320000 320000
14 Mangal Credit and Fincorp Limited Chirag Parmar Key Managerial Person Remuneration 20000000 NA 20000000 2024-02-02 518000 86000 62000
15 Mangal Credit and Fincorp Limited Mangal Charitable Trust Significant Influence Any other transaction CSR Donation 2400000 NA 2400000 2024-02-02 2400000 0 0
Total value of transaction during the reporting period 253370000



Text Block
Textual Information(1) Loan repaid
Textual Information(2) Loan taken


Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 1680073000
B Of the total amount outstanding, amount of default as on date 0
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 1988464000