| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 136.8 | 172 | 177 | 165 |
| Cost of Material Consumed | 54.27 | 69 | 62 | 59 |
| Change in Inventory | -6.48 | -2 | 1 | -3 |
| Gross Margins | 65.07 | 61.05 | 64.41 | 66.06 |
| Employee Benefit Expenses | 25.16 | 28 | 31 | 34 |
| Other Expenses | 46.7 | 55 | 56 | 52 |
| EBITDA | 17.15 | 22 | 27 | 23 |
| OPM | 12.54 | 12.79 | 15.25 | 13.94 |
| Other Income | 2.81 | 4 | 4 | 4 |
| Finance Cost | 0.74 | 2 | 3 | 2.4 |
| D&A | 2.38 | 4 | 6 | 5.4 |
| EBIT | 14.77 | 18 | 21 | 17.6 |
| EBIT Margins | 10.8 | 10.47 | 11.86 | 10.67 |
| PBT | 16.73 | 20 | 22 | 20 |
| PBT Margins | 12.23 | 11.63 | 12.43 | 12.12 |
| Tax | 4.47 | 5 | 6 | 5 |
| PAT | 12.36 | 15 | 16 | 15 |
| NPM | 9.04 | 8.72 | 12.43 | 9.09 |
| EPS | 20.98 | 25.47 | 27.16 | 25.47 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 12.54 | 12.79 | 15.25 | 13.94 |
| Net Profit Margin | 9.04 | 8.72 | 9.04 | 9.09 |
| Earning Per Share (Diluted) | 20.98 | 25.47 | 27.16 | 25.47 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 27.45 | 61 | 60 | 69 |
| CWIP | 13.24 | 1 | 0.21 | 0.3 |
| Investments | 1.03 | 1.6 | 38 | 1.6 |
| Trade Receivables | 30.88 | 39 | 29 | 39 |
| Inventory | 28.08 | 30 | 1.4 | 32 |
| Other Assets | 40.62 | 35.4 | 1.4 | 52.1 |
| Total Assets | 141.3 | 168 | 177 | 194 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 5.89 | 5.89 | 5.89 | 5.89 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 75.71 | 89 | 102 | 113 |
| Borrowings | 28.27 | 37 | 37 | 38 |
| Trade Payables | 25.34 | 29 | 24 | 28 |
| Other Liabilities | 6.09 | 7.11 | 8.11 | 9.11 |
| Total Liabilities | 141.3 | 168 | 177 | 194 |
| Cash-Flow Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| PBT | 20 | 22 | 20 |
| OPBWC | 26 | 27 | 24 |
| Change in Receivables | 0 | 0 | 0 |
| Change in Inventories | -2 | 1 | -3 |
| Change in Payables | 4 | -6 | 4.5 |
| Other Changes | -17 | -4 | -11.5 |
| Working Capital Change | -15 | -9 | -10 |
| Cash Generated From Operations | 11 | 18 | 14 |
| Tax | -4 | -5 | -5 |
| Cash Flow From Operations | 7 | 13 | 9 |
| Purchase of PPE | -21 | -4 | -15 |
| Sale of PPE | 0 | 0 | 0.14 |
| Cash Flow From Investment | -19 | -2 | -11 |
| Borrowing | 8.6 | 0.26 | 0.64 |
| Dividend | -2 | -3 | -2.94 |
| Equity | 0 | 0 | 0 |
| Others From Financing | -2.6 | -2.26 | -2.7 |
| Cash Flow from Financing | 4 | -5 | -5 |
| Net Cash Generated | -8 | 6 | -7 |
| Cash at the Start | 20 | 11 | 17 |
| Cash at the End | 12 | 17 | 10 |
Mohindra Fasteners Limited (MFL) is a leading precision-engineered fasteners manufacturer catering primarily to the automotive and industrial sectors. Established in 1995, the company has built a strong reputation for supplying high-tensile bolts, nuts, screws, and customized fastening solutions to OEMs in India and abroad. With a robust manufacturing setup in Haryana and a focus on quality certifications such as ISO/TS 16949, MFL consistently delivers products that meet stringent international standards. Its long-standing relationships with marquee clients, especially in the automotive ecosystem, reflect its strong technical capabilities and operational reliability.
The unlisted shares of Mohindra Fasteners Limited have increasingly drawn investor attention due to growing demand from both domestic and export markets. The company’s steady revenue growth, diversification into non-auto segments, and focus on high-margin, value-added products have strengthened its financial profile over the years. Investors find the unlisted stock appealing because of the company’s improving operational efficiencies, expansion in machining capabilities, and continuous investment in modern manufacturing technology. Additionally, a gradual shift toward electric vehicles and light-weighting in the automobile industry offers long-term opportunities for precision fastener manufacturers like MFL.
From an investment perspective, Mohindra Fasteners’ unlisted equity is viewed as a steady, medium-term growth opportunity rather than a high-risk, high-volatility play. The company’s professional management, improving balance sheet, and consistent client pipeline provide a stable foundation for future expansion. While liquidity in unlisted shares remains limited compared to listed securities, investors often consider MFL for its potential pre-IPO appreciation and long-term value creation. As India’s automotive and industrial production continues to scale, the demand for high-quality engineered fasteners is expected to rise, positioning Mohindra Fasteners Limited as a reliable player in the unlisted market space.
Q:1 How do I confirm my booking for Mohindra Fasteners Limited Unlisted Shares?
Answer: You can confirm your booking by contacting us and agreeing on a trading price for the shares.
Q:2 What documents do I need to provide for purchasing unlisted shares?Answer: You need to provide your client master report, PAN card, and a cancelled cheque if you are not transferring funds from the bank account mentioned in the CMR copy.
Q:3 What is a client master report (CMR)?Answer: A client master report is a document that contains your account details with your broker, including your bank account information and other identification details.
Q:4 Can I transfer funds using cash to buy Mohindra Fasteners Limited shares?
Answer: No, cash deposits are not allowed.You must use RTGS, NEFT, IMPS, or cheque transfer for payment.
Q:5 What payment methods are accepted for purchasing shares?
Answer: Payments can be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not permitted.
Q:6 From which bank account should I make the payment for the shares?Answer: Payment must be made from the same bank account where the shares will be credited as per the KYC requirements.
Q:7 Will you provide the bank details for the transfer?
Answer: Yes, we will provide you with the necessary bank details for the transfer once you confirm your booking.
Q:8 Are there any specific regulations I need to follow while purchasing unlisted shares?Answer: Yes, you need to adhere to SEBI regulations, which require the submission of KYC documents like the client master report, PAN card, and cancelled cheque.