Minal Industries share price
NSE: MINALINDBSE: 522235Commercial Services & SuppliesSmall Cap
Last close ₹3.23down ₹0.17 (5.00%)BSE ₹3.26
Share price at the NSE close on 23 Oct 2026. Previous close ₹3.40.
52-week range of BSE trades to 23 Oct 2026
₹1.78Low, 27 Mar 2026₹6.00High, 9 Sep 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹62 Cr3,462nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 166.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 17 Jun 2026
- 1.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 0.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 0.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 17 Jun 2026
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day.
- 8,637
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 13 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹0.19 Crdown 16.33%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹0.33 CrQuarter to Mar 2026: −₹0.79 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −171.4%
Revenue by year
Peak revenue ₹7.26 Cr, year to Mar 2026
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 7 of the 10 years shown
| ₹ crore | Sep 2024Filed 19 Dec | Dec 2024Filed 14 Feb | Mar 2025Filed 13 Jun | Jun 2025Filed 13 Aug | Sep 2025Filed 12 May | Dec 2025Filed 13 Feb | Mar 2026Filed 17 Jun | Jun 2026Filed 13 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.02 | 0.00 | 5.66 | 1.04 | 0.33 | 0.23 | 0.19 |
| Net profit | −0.73 | −0.20 | −0.52 | 0.38 | −0.12 | −0.17 | −0.79 | −0.33 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | – | −842.6% | – | 6.7% | −11.3% | −49.9% | −342.9% | −171.4% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing and Trading, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 24% of 720 trading days over the last 3 years.
LowestHighest
Its median1.5Industry median1.1
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.108.3
At or below today's level on 80% of 204 trading days over the last year.
LowestHighest
Its median24.3Industry median19.6
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −39.2% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Peers and competitors
Trading & Distributors, 196 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Minal Industries in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Variman Global EnterprisesVARIMAN | 75 | 30.7 | 1.5 | – | +7.7% | −0.9% | 5.0% | – | 0.00% |
 Chandni MachinesCHANDNIMACH | 68 | – | 2.0 | – | −99.7% | −251.7% | −10.8% | −13.4% | 0.00% |
 Ashnisha IndustriesASHNI | 65 | – | 0.6 | – | +192.5% | – | – | −1.5% | 0.00% |
 Uma ExportsUMAEXPORTS | 65 | 739.8 | 0.3 | 7.5 | −11.8% | – | 0.0% | 7.3% | 0.00% |
 Bombay Cycle & Motor AgencyBOMBCYC | 61 | 27.8 | 2.1 | 30.0 | +21.6% | – | 7.9% | 5.4% | 0.33% |
 Constronics InfraCONSTRONIC | 57 | 22.8 | 1.4 | 31.5 | – | – | 6.3% | 3.6% | 0.00% |
 Fortune InternationalFORINTL | 57 | 14.5 | 1.2 | – | – | −13.6% | 8.5% | −0.5% | 0.00% |
 GenpharmasecGENPHARMA | 55 | – | 0.8 | 62.7 | +337.8% | – | – | −1.4% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 21 Dec 2010 | Dividend | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Sep 2026
21 Sep · Announcement under Regulation 30 (LODR)-Demise
Minal Industries share price by year
Each calendar year to 2025.Minal Industries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 3.01 | −34.6% | 5.00 | 3.01 |
| 2024BSE close | 4.60 | +7.7% | 6.19 | 4.06 |
| 2023BSE close | 4.27 | +705.7% | 6.44 | 0.82 |
| 2016BSE close | 0.53 | +8.2% | 0.53 | 0.45 |
| 2015BSE close | 0.49 | −68.8% | 1.72 | 0.49 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 9 Jun 2023. The change in 2023 is on the close at the end of 2016, the last year before it with a trade. The close is the year's last trade for 2016 (11 Jul 2016) and 2015 (18 Dec 2015).
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 3.23 | 3.23 | 3.23 | 3.23 | 3.23 | 8,637 |
| 22 Oct 2026 | 3.40 | 3.40 | 3.40 | 3.40 | 3.40 | 10,163 |
| 21 Oct 2026 | 3.93 | 3.93 | 3.57 | 3.57 | 3.88 | 64,656 |
| 19 Oct 2026 | 3.41 | 3.75 | 3.41 | 3.75 | 3.64 | 89,351 |
| 16 Oct 2026 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 5,619 |
| 15 Oct 2026 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 4,751 |
| 14 Oct 2026 | 3.72 | 3.72 | 3.72 | 3.72 | 3.72 | 12,216 |
| 13 Oct 2026 | 3.79 | 3.79 | 3.79 | 3.79 | 3.79 | 3,372 |
| 12 Oct 2026 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 4,870 |
| 9 Oct 2026 | 3.93 | 3.93 | 3.93 | 3.93 | 3.93 | 1,056 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 9 Jun 2023 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 2 Jun 2011 | Split | 0.2000 | Each share became 5. |
| 10 Mar 2011 | Bonus | 0.6000 | Holders received 2 bonus shares for every 3 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- Legal name
- Minal Industries Limited
- NSE symbol
- MINALIND
- BSE code
- 522235
- ISIN
- INE097E01028
- Industry
- Commercial Services & Supplies
- Listed
- Jul 1994
- Face value
- ₹2
- CIN
- L32201MH1988PLC216905
- Corporate identity number, the registrar of companies' code for it