--- title: "Mohindra Fasteners (531938) Financials & Shareholding" symbol: "531938" company: "Mohindra Fasteners Ltd" canonical: "https://tapetide.com/stocks/531938" bse_code: "531938" generated_at: "2026-11-05T01:51:32.135Z" --- # Mohindra Fasteners (531938) Canonical page: https://tapetide.com/stocks/531938 ## Key Facts - **Revenue, Jun 2026 quarter:** ₹38.81 Cr, against ₹32.55 Cr in Jun 2025 (+19.23% year on year) - **Net profit, Jun 2026 quarter:** ₹2.89 Cr, against ₹2.38 Cr in Jun 2025 (+21.43% year on year) ## Company - **BSE code:** 531938 - **In the F&O segment:** No ## Key Insights ### Weaknesses - Company has a low return on equity of 13.1% over last 3 years. - Company might be capitalizing the interest cost ## Growth Rate Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure. | Metric | Window | Growth | What it compares | | --- | --- | ---: | --- | | Revenue | 10Y | 5.9% | compounded annual rate, Mar 2016 to Mar 2026 | | Revenue | 5Y | Irregular period | compounded annual rate, Mar 2021 to Mar 2026. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Revenue | 3Y | -1.38% | compounded annual rate, Mar 2023 to Mar 2026 | | Revenue | 1Y | 0% | fiscal year to Mar 2026 vs the year to Mar 2025 | | Revenue | TTM | 3.1% | four quarters to Jun 2026 vs the four to Jun 2025 | | Net profit | 10Y | 11.61% | compounded annual rate, Mar 2016 to Mar 2026 | | Net profit | 5Y | Irregular period | compounded annual rate, Mar 2021 to Mar 2026. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Net profit | 3Y | 0% | compounded annual rate, Mar 2023 to Mar 2026 | | Net profit | 1Y | 0% | fiscal year to Mar 2026 vs the year to Mar 2025 | | Net profit | TTM | -0.4% | four quarters to Jun 2026 vs the four to Jun 2025 | | Operating cash flow | 10Y | — | compounded annual rate, Mar 2016 to Mar 2026. The statements do not go back far enough for this window. | | Operating cash flow | 5Y | Irregular period | compounded annual rate, Mar 2021 to Mar 2026. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Operating cash flow | 3Y | Turned negative | compounded annual rate, Mar 2023 to Mar 2026: ₹7.00 Cr to -₹1.00 Cr. A cash inflow at the start and an outflow at the end. | | Operating cash flow | 1Y | Turned negative | fiscal year to Mar 2026 vs the year to Mar 2025: ₹9.00 Cr to -₹1.00 Cr. A cash inflow at the start and an outflow at the end. | | Operating cash flow | TTM | — | four quarters to Jun 2026 vs the four to Jun 2025. Reported once a year, so there is no trailing-twelve-month figure. | | Operating margin | 10Y | +2.58 pp | compounded annual rate, Mar 2016 to Mar 2026 | | Operating margin | 5Y | Irregular period | compounded annual rate, Mar 2021 to Mar 2026. A period in this window is not a full year or quarter, or the year-end changed, so the periods do not compare. | | Operating margin | 3Y | -0.04 pp | compounded annual rate, Mar 2023 to Mar 2026 | | Operating margin | 1Y | -1.22 pp | fiscal year to Mar 2026 vs the year to Mar 2025 | | Operating margin | TTM | -1.09 pp | four quarters to Jun 2026 vs the four to Jun 2025 | ## Financial Statements ### Quarterly Results Figures in ₹ crore unless the row name gives another unit. | Item | Jun 2023 | 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 | 42.46 | 46.15 | 37.78 | 51.07 | 31.57 | 44.65 | 37.79 | 51.22 | 32.55 | 40.45 | 40.48 | 51.63 | 38.81 | | Expenses | 38.18 | 39.95 | 32.24 | 41.81 | 27.65 | 38.23 | 32.27 | 43.37 | 29.02 | 34.09 | 34.42 | 46.05 | 34.64 | | Operating Profit | 4.28 | 6.2 | 5.54 | 9.26 | 3.92 | 6.42 | 5.52 | 7.85 | 3.53 | 6.36 | 6.06 | 5.58 | 4.17 | | OPM % | 10.08% | 13.43% | 14.66% | 18.13% | 12.42% | 14.38% | 14.61% | 15.33% | 10.84% | 15.72% | 14.97% | 10.81% | 10.74% | | Other Income | 0 | 0.64 | 1.5 | 0.87 | 1.09 | 1.35 | 0.43 | 1.38 | 2.13 | 1.39 | 0.08 | 1.87 | 1.72 | | Interest | 0 | 0.86 | 0.72 | 0.72 | 0.65 | 0.53 | 0.73 | 0.56 | 0.75 | 0.47 | 0.58 | 0.44 | 0.51 | | Depreciation | 0 | 1.34 | 1.36 | 1.61 | 1.31 | 1.45 | 1.34 | 1.35 | 1.72 | 1.69 | 1.28 | 0.5 | 1.36 | | Profit before tax | 4.28 | 4.64 | 4.96 | 7.8 | 3.05 | 5.79 | 3.88 | 7.32 | 3.19 | 5.59 | 4.28 | 6.51 | 4.02 | | Tax % | 5.84% | 42.89% | 26.21% | 28.85% | 28.2% | 25.91% | 21.91% | 26.5% | 25.39% | 25.04% | 29.91% | 24.27% | 28.11% | | Net Profit | 4.04 | 2.66 | 3.66 | 5.54 | 2.19 | 4.29 | 3.03 | 5.37 | 2.38 | 4.19 | 3 | 4.93 | 2.89 | ### Profit & Loss Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Sales | 82 | 91 | 91 | 93 | 98 | 112 | 134 | 101 | 172 | 177 | 165 | 165 | 171 | | Expenses | 72 | 80 | 83 | 83 | 88 | 100 | 117 | 87 | 149 | 151 | 142 | 144 | 149 | | Operating Profit | 10 | 11 | 9 | 10 | 10 | 12 | 17 | 13 | 23 | 27 | 24 | 22 | 22 | | OPM % | 12% | 12% | 9% | 11% | 11% | 11% | 12% | 13% | 13% | 15% | 14% | 13% | 13% | | Other Income | 1 | 0 | 2 | 0 | 1 | 2 | 1 | 3 | 4 | 4 | 4 | 5 | 5 | | Interest | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 3 | 2 | 2 | 2 | | Depreciation | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 4 | 6 | 5 | 5 | 5 | | Profit before tax | 6 | 7 | 7 | 7 | 8 | 9 | 12 | 12 | 20 | 22 | 20 | 20 | 20 | | Tax % | 33% | 32% | 32% | 35% | 35% | 34% | 24% | 22% | 25% | 27% | 26% | 26% | — | | Net Profit | 4 | 4 | 4 | 5 | 5 | 6 | 9 | 9 | 15 | 16 | 15 | 15 | 15 | | Dividend Payout % | 23% | 22% | 24% | 24% | 24% | 22% | 18% | 20% | 0% | 0% | 0% | 18% | — | ### Balance Sheet Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | — | 6 | 6 | 6 | | Reserves | 20 | 23 | 26 | 30 | 35 | 39 | 47 | 54 | — | 102 | 114 | 125 | | Borrowings | 19 | 18 | 21 | 20 | 25 | 26 | 18 | 13 | — | 37 | 38 | 38 | | Other Liabilities | 21 | 29 | 27 | 27 | 27 | 28 | 27 | 23 | — | 32 | 37 | 38 | | Total Liabilities | 65 | 75 | 79 | 82 | 92 | 98 | 97 | 95 | — | 177 | 195 | 207 | | Fixed Assets | 25 | 25 | 24 | 23 | 27 | 34 | 31 | 29 | — | 61 | 70 | 70 | | CWIP | 0 | 1 | 3 | 5 | 9 | 0 | 0 | 0 | — | 0 | 0 | 1 | | Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 2 | 2 | 0 | | Other Assets | 40 | 50 | 52 | 55 | 56 | 65 | 65 | 66 | — | 114 | 123 | 136 | | Total Assets | 65 | 75 | 79 | 82 | 92 | 98 | 97 | 95 | — | 177 | 195 | 207 | ### Cash Flow Figures in ₹ crore unless the row name gives another unit. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Cash from Operating Activity | — | — | — | — | — | — | — | — | 7 | 14 | 9 | -1 | | Cash from Investing Activity | — | — | — | — | — | — | — | — | -20 | -3 | -12 | -1 | | Cash from Financing Activity | — | — | — | — | — | — | — | — | 4 | -5 | -5 | -5 | | Net Cash Flow | — | — | — | — | — | — | — | — | -8 | 6 | -7 | -7 | | Free Cash Flow | — | — | — | — | — | — | — | — | -14 | 10 | -5 | -6 | | CFO/OP | — | — | — | — | — | — | — | — | 48 | 71 | 62 | 19 | ### Ratios | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Debtor Days | 72 | 68 | 63 | 79 | 75 | 73 | 71 | 49 | — | 79 | 85 | 85 | | Inventory Days | 150 | 192 | 242 | 258 | 255 | 219 | 145 | 212 | — | 165 | 209 | 269 | | Days Payable | 119 | 193 | 171 | 179 | 197 | 180 | 144 | 176 | — | 136 | 184 | 186 | | Cash Conversion Cycle | 102 | 67 | 134 | 158 | 133 | 112 | 73 | 85 | — | 108 | 111 | 169 | | Working Capital Days | 89 | 82 | 99 | 107 | 105 | 105 | 92 | 78 | — | 38 | 32 | 58 | | ROCE % | 17% | 18% | 17% | 15% | 15% | 16% | 19% | 18% | — | — | 15% | 14% | ## Shareholding Pattern Not shown: Shareholding Pattern. Not this company's figures: left behind by an earlier update and not confirmed by the latest one. ## Documents ### Concalls | Month | Call documents | | --- | --- | | Feb 2026 | [Call](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b582cd7-75bc-4cdc-82f2-136bf15cd208.pdf), [PPT](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b582cd7-75bc-4cdc-82f2-136bf15cd208.pdf) | ### Credit ratings | Date | Document | | --- | --- | | 29 Oct 2025 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=138628) | | 24 Oct 2024 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=130678) | | 11 Jul 2024 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=128712) | | 5 Jan 2024 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=124678) | | 6 Apr 2023 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=119215) | | 29 Sep 2022 | [Credit rating update — ICRA](https://www.icra.in/Rationale/ShowRationaleReport/?Id=114818) | ### Exchange filings | Date | Document | | --- | --- | | 23 Feb 2026 | [Investment In Subsidiary Company - Kinetic Watts And Volts Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5b200f6-4899-471e-9e42-8996f30e141b.pdf) | | 10 Feb 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb3f1647-c932-4640-9f62-e72835df0400.pdf) | ## Frequently Asked Questions about Mohindra Fasteners ### What does Mohindra Fasteners Ltd do? Mohindra Fasteners Limited manufactures and distributes fasteners. The Company offers products such as hexagon bolts, nuts, rivets, screws, parallel pins, plugs, and washers. ### Where is Mohindra Fasteners Ltd (531938) listed? Mohindra Fasteners Ltd trades under code 531938 on the BSE. ## Company Information Mohindra Fasteners Limited manufactures and distributes fasteners. The Company offers products such as hexagon bolts, nuts, rivets, screws, parallel pins, plugs, and washers. - **Face Value:** ₹10 --- Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time. Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text. For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser. Generated 5 Nov 2026, 07:21 IST.