Company Profile

MAGMA FINCORP LTD.

NSE : MAGMABSE : 524000ISIN CODE : INE511C01022Industry : Finance - NBFCHouse : Magma
BSE25.801.2 (+4.88 % )
PREV CLOSE (Rs.) 24.60
OPEN PRICE (Rs.) 25.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1771574
TODAY'S LOW / HIGH (Rs.)23.55 25.80
52 WK LOW / HIGH (Rs.)12.7 119.55
NSE25.60 1.2 (+4.92 % )
PREV CLOSE(Rs.) 24.40
OPEN PRICE (Rs.) 25.60
BID PRICE (QTY) 25.60 (152772 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3831883
TODAY'S LOW / HIGH(Rs.) 23.85 25.60
52 WK LOW / HIGH (Rs.)12.9 119.7

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 3.10
TTM EPS (Rs.) -0.37
P/E Ratio 0.00
Book Value (Rs.) 93.33
Face Value (Rs.) 2
MCap (Rs. in Mn) 6953.63
Price/Earning (TTM) 11.28
Price/Sales (TTM) 0.32
Price/Book (MRQ) 0.28
PAT Margin (%) 12.32
ROCE (%) 10.44
Incorporation Year : 1978

Management Info :

Narayan K Seshadri - Chairman Sanjay Chamria - Managing Director

Registered Office :

Address : Development House,24,Park Street,
Kolkata,
West Bengal-700016

Phone : 033-44017350/7200

Website : www.magma.co.in

Registrar's Details : Niche Technologies Pvt Ltd
3A, Auckland Place,,7th Floor,Room No. 7A & 7B,kolkata
Listing : BSE, NSE, MCX
NEWS More
08Jul07-08-2020$Magma Fincorp touches roof on the bourses Magma Fincorp touches roof o
Magma Fincorp is currently trading at its upper circuit limit of Rs. 24.60, up by 1.15 points or 4.90% from its previous closing of Rs. 23.45 on the BSE.

The scrip opened at Rs. 24.60 and has touched a high and low of Rs. 24.60 and Rs. 24.60 respectively. So far 60377 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.55 on 10-Jul-2019 and a 52 week low of Rs. 12.70 on 28-May-2020.

Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 21.70 respectively. The current market cap of the company is Rs. 663.02 crore.

The promoters holding in the company stood at 24.40%, while Institutions and Non-Institutions held 66.53% and 9.08% respectively.

Magma Fincorp has launched pro-bono business consulting services for Small and Medium Enterprise (SME) customers under a partnership with Wadhwani Foundation. Under the program the company will provide business consulting, digital learning management, program management office support and impact assessment to upto 1000 SME customers initially, to help them survive and grow, during and post COVID-19 crisis.

The company has moved with speed to provide assistance to the SMEs grappling with these testing times with the launch of the partnership. In the last 2 months the company has been providing assistance to MSME customers in the form of the MSME Interest subvention, Emergency Credit Line Guarantee Scheme (ECLGS) and Credit Guarantee Fund Scheme for MSEs (CGMSE).

Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Magma Fincorp is currently trading at its upper circuit limit o..
08Jul07-08-2020$Reliance Industries, Bharti Airtel and Birlasoft to see some action today Reliance Industries, Bharti

Reliance Industries’ wholly-owned subsidiary--Jio Platforms has received the subscription amount of Rs 43,574 crore from Jaadhu Holdings, LLC (a wholly-owned subsidiary of Facebook Inc), after receipt of all requisite approvals. Jio Platforms has allotted equity shares to Jaadhu Holdings following which Jaadhu Holdings holds 9.99% of the fully diluted equity share capital of Jio Platforms.

Bharti Airtel has launched new propositions for its mobile customers in India, as part of its strategic alliance with ZEE5, India’s Entertainment Super-app. These prepaid propositions are designed to deliver an exciting digital entertainment experience to Airtel smartphone customers by unlocking the full ZEE5 premium content catalogue to go with generous high speed data allowance and unlimited calling benefit.

Birlasoft has entered into partnership with Innoveo, a leading global technology company, for strengthening Birlasoft's domain and digital capabilities to rapidly deliver world class solutions with Innoveo's enterprise-level no-code platform. Birlasoft’s consulting and design thinking, united with Innoveo’s Skye’s enterprise-level no-code platform, encompasses the power of domain, enterprise and digital technologies to re-imagine business processes for our mutual customers and their ecosystems.

Piramal Enterprises’ board has approved the allotment of 760 senior, secured, rated, unlisted, redeemable non-convertible bonds each having a face value of Rs 10 lakh , aggregating to Rs 76 crore on private placement basis. The Meeting of Administrative Committee of the Board of Directors of the company held on July 7, 2020 has approved and allotted the same.

Magma Fincorp has launched pro-bono business consulting services for Small and Medium Enterprise (SME) customers under a partnership with Wadhwani Foundation. Under the program the company will provide business consulting, digital learning management, program management office support and impact assessment to upto 1000 SME customers initially, to help them survive and grow, during and post COVID-19 crisis.

L&T Infrastructure Finance Company (LTIF), the wholly owned subsidiary of L&T Finance Holdings, has received the first tranche of $ 50 million of the total $ 100 million ECB loan from Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that invests in sustainable infrastructure. This development marks AIIB’s first loan to a non-banking financial company (NBFC) in India. 

Unichem Laboratories has received ANDA approval for its Cyclobenzaprine Hydrochloride Tablets USP, 5 mg, 7.5 mg and 10 mg from the United States Food and Drug Administration (USFDA) to market a generic version of FLEXERIL (Cyclobenzaprine HCI) Tablets, 5 mg and 10 mg of Janssen Research and Development LLC.

Reliance Industries’ wholly-owned subsidiary--Jio Platforms h..
07Jul07-07-2020$Magma Fincorp launches pro-bono business consulting services for SME customers Magma Fincorp launches pro-b

Magma Fincorp has launched pro-bono business consulting services for Small and Medium Enterprise (SME) customers under a partnership with Wadhwani Foundation. Under the program the company will provide business consulting, digital learning management, program management office support and impact assessment to upto 1000 SME customers initially, to help them survive and grow, during and post COVID-19 crisis.

The company has moved with speed to provide assistance to the SMEs grappling with these testing times with the launch of the partnership. In the last 2 months the company has been providing assistance to MSME customers in the form of the MSME Interest subvention, Emergency Credit Line Guarantee Scheme (ECLGS) and Credit Guarantee Fund Scheme for MSEs (CGMSE).

Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).


Magma Fincorp has launched pro-bono business consulting service..
17Jun06-17-2020$Magma Fincorp contributes Rs 5 crore to PM cares fund Magma Fincorp contributes Rs
Magma Fincorp has Pledged Rs 5 crore under the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund to support India's fight against coronavirus. The company is committed to participating in corporate India's response to address the global pandemic COVID-19 through funds directly to PM Cares, community welfare plans, providing meals and dry ration and through leveraging its expertise to offer assistance in the far reaching areas of the country. Magma has supported 5600 families which is around 30,000 people in 10 states fight hunger by providing Dry Ration and freshly cooked meals over the past two months.

Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Magma Fincorp has Pledged Rs 5 crore under the Prime Minister's..
11Mar03-11-2020$Magma Fincorp informs about record date Magma Fincorp informs about

Pursuant to Regulation 60(1) and 60(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Magma Fincorp has informed about the Record date for the payment of interest/ redemption of the debentures with ISIN Number, INE511C07672 and INE511C07706 as on 21th March 2020 of the Company.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 60(1) and 60(2) of SEBI (Listing Obligat..
Financials More
Rs. in Millions
QTR Mar 20 ANNUAL 20
Net Profit-353.49-100.1
Gross Profit -11.9400000000001 341.84
Operating Profit 2779.4412297.96
Net Sales 5194.2721775.46
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
NON-INSTITUTION 9.08 %
FI/BANKS/INSURANCE 7.34 %
PROMOTERS 24.4 %
MUTUAL FUNDS/UTI 11.52 %
GOVERNMENT 0 %
FII 0 %
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