MALLCOMIndustrials

Mallcom (India) Limited

Other Industrial Products · ISIN INE389C01015 · BSE 539400 · NSE EQ · FV ₹10
Last price
₹950
+2.78%today
What this company does

Mallcom (India) Limited operates in Other Industrial Products, part of the Industrials sector. It booked ₹109 cr of revenue in its latest quarter (Q1 FY27) and kept 6.0% of sales as profit.

The company is an integrated manufacturer that provides complete personal protective solutions in line with international safety standards.
The company is one of the established manufacturers – exporter of Personal Protective Equipments.
In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Balance sheet50

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Growth & consistency58

Whether sales and profit have grown, and how steadily

Valuation32

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 74%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 6.0% net margin
! Sales down 11% vs last year
! Profit down 33% vs last year

What if I invest in MALLCOM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹950 +2.78%
latest close · 2026-09-17
52-wk low ₹605143 sessions so far52-wk high ₹1,080
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.6Average
LowAverageHigh
P/B ratio1.86Moderate
Below bookModerateHigh
EV / EBITDA12.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.3%Fair
WeakFairStrong ▸15%
Return on capital12.5%Fair
WeakFairStrong
Net margin6.0%Decent
ThinDecentStrong
EBITDA margin12.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.38Comfortable
LowModerateHigh ▸1
Interest cover6.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.54Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹593 cr
Book value
₹510
EPS
₹10.52
latest quarter
Net debt
₹117 cr
owes more than its cash
Enterprise value
₹709 cr
EBITDA
₹55 cr
annualised
EBIT
₹41 cr
annualised
Operating margin
9.4%
Return on assets
5.1%
Earnings yield
4.43%
P/S
1.35
Sales / share
₹701.9
Tax rate
24.8%
Face value
₹10
Shares
0.6 cr
Working capital
₹100 cr
Current assets
₹283 cr
Current liabilities
₹183 cr
Delivery %
74.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹542 vs market price ₹950 — price is 75% above it
Safety cushion-75.1%(target ≥ +20%)
Models span ₹414₹816, midpoint ₹542
Model ₹542
Price ₹950
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹109 cr
Other Income₹19.2 L
Total Income₹110 cr
Cost of Materials₹64 cr
Purchases of Stock-in-Trade₹6 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹7 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹25 cr
Total Expenses₹101 cr
Profit before Tax₹9 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income6.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹64 cr58.3%
Employee benefit expense₹7 cr6.3%
Finance costs₹2 cr1.4%
Depreciation & amortisation₹4 cr3.2%
Other expenses₹25 cr22.8%
Tax expense₹2 cr2.0%
Profit for the period₹7 cr6.0%
Total income ₹110 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue131 cr147 cr109 cr
Total income131 cr147 cr110 cr
Expenses117 cr139 cr101 cr
Profit before tax14 cr8 cr9 cr
Tax4 cr2 cr2 cr
Net profit (owners' share)10 cr6 cr7 cr
Net margin (owners' share, on revenue)7.7%4.3%6.0%
EPS (₹)16.2710.1010.52
YoY (latest quarter): total income -10.5% · net profit -33.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹512 cr
Shareholder equity
₹318 cr
parent shareholders
Total debt
₹120 cr
Cash
₹4 cr
Cash flow · H1 FY26
Operating
₹21 cr
Investing
₹-14 cr
Financing
₹-7 cr
Peer comparison
Other Industrial Products · by market value
CompanyPriceMarket capP/E
HBL Engineering Limited₹757₹20,977 cr47.9
INOX India Limited₹2,015₹18,287 cr78.7
KRN Heat Exchanger and Refrigeration Limited₹1,393₹9,117 cr67.0
Esab India Limited₹5,619₹8,646 cr38.5
Subros Limited₹690₹4,500 cr27.1
Harsha Engineers International Limited₹434₹3,950 cr26.4
Ador Welding Limited₹1,564₹2,722 cr24.7
Diffusion Engineers Limited₹436₹1,631 cr24.4
MIC Electronics Limited₹34₹821 cr94.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹3
ex 22 Aug 2025
ActionDetailEx-date
Dividend₹3 / share22 Aug 2025
Dividend₹3 / share12 Sep 2024
Dividend₹3 / share4 Sep 2023
Dividend₹3 / share9 Sep 2022
Dividend₹3 / share1 Sep 2021
Dividend₹2 / share16 Sep 2020
Who owns it · 2026-06-30
No pledge
Promoter
73.7%
FII / Foreign
0.0%
DII / Domestic
0.3%
Retail / others
26.0%
Smart-money activity
Bulk / block deals
SoldBIMAL KUMAR BIJAY KUMAR (P) LIMITED · NSE32,164 @ ₹1,034.482 Sep 26
SoldJAY KUMAR DAGA · NSE48,931 @ ₹1,1108 Apr 26
BoughtGEE BEE SECURITIES PRIVATE LIMITED · NSE50,176 @ ₹1,109.958 Apr 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Aug 2025
See the official result
1
To receive, consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 together with the reports of Auditors thereon and Board of Directors
Backed by 100% of shareholders other than promotersneeded 50%
5.31 L votes for, 90 against
2
To declare Dividend on equity shares of the Company for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
5.31 L votes for, 89 against
3
To appoint a director in place of Mr. Giriraj Mall (DIN: 01043022), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
5.31 L votes for, 93 against
4
To approve the appointment of M/s Agarwal Maheswari & Co., Chartered Accountants, as the Statutory Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
5.31 L votes for, 90 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 29 named members
owning 73.7% between them · as of 2026-06-30
KADAMBINI SECURITIES PRIVATE LIMITED35.33%
AJAY KUMAR MALL16.43%
MALLCOM HOLDINGS PRIVATE LIMITED9.83%
SUNITA MALL2.17%
SSR ENTERPRISES PRIVATE LIMITED1.84%
CHATURBUJH IMPEX PRIVATE LIMITED1.68%
ROHIT MALL1.60%
DNB EXIM PRIVATE LIMITED1.37%
Business done with them
FY2025 · 2 of the group
The company paid ₹11 cr to companies in the promoter group last year — about 2.2% of its ₹487 cr revenue.
CHATURBUJH IMPEX PRIVATE LIMITED
Bought goods from them · The amount disclosed under the tab below represents the aggregate total of all related-party transactions with Associates. This presentation has been adopted to meet XBRL validation requirements, as individual transactions are not separately disclosed in the audited financial statements. Please refer to the attached AFS signed PDF of Form AOC-4 for further clarity.
also owns 1.68% of the company
₹7 cr
company paid
CHATURBUJH IMPEX PRIVATE LIMITED
Other payments to them · The amount disclosed under the tab below represents the aggregate total of all related-party transactions with Associates. This presentation has been adopted to meet XBRL validation requirements, as individual transactions are not separately disclosed in the audited financial statements. Please refer to the attached AFS signed PDF of Form AOC-4 for further clarity.
also owns 1.68% of the company
₹3 cr
company paid
Mr. Sanjay Kumar Mall
Other payments to them · The amount disclosed under the Other Related Party Transactions Expense tab represents the aggregate total of all related party transactions with Relatives of Key Management Personnel (KMPs), including dividends paid to Relatives of KMPs on an aggregate basis. This presentation has been adopted to enable XBRL validation, as individual amounts paid to relatives of KMPs are not separately disclosed in the audited financial statements. Please refer to the attached AFS signed PDF of Form AOC-4 for further clarity.
also owns 0.10% of the company
₹47.6 L
company paid
CHATURBUJH IMPEX PRIVATE LIMITED
Contribution made to them · The amount disclosed under the tab below represents the aggregate total of all related-party transactions with Associates. This presentation has been adopted to meet XBRL validation requirements, as individual transactions are not separately disclosed in the audited financial statements. Please refer to the attached AFS signed PDF of Form AOC-4 for further clarity.
also owns 1.68% of the company
₹46.1 L
company paid

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.