Company Profile

MAGMA FINCORP LTD.

NSE : MAGMABSE : 524000ISIN CODE : INE511C01022Industry : Finance - NBFCHouse : Magma
BSE49.850.25 (+0.5 % )
PREV CLOSE (Rs.) 49.60
OPEN PRICE (Rs.) 51.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2596
TODAY'S LOW / HIGH (Rs.)49.00 52.20
52 WK LOW / HIGH (Rs.)37 138.2
NSE50.00 -0.05 (-0.1 % )
PREV CLOSE(Rs.) 50.05
OPEN PRICE (Rs.) 49.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 50.00 (100 )
VOLUME 176611
TODAY'S LOW / HIGH(Rs.) 49.00 52.15
52 WK LOW / HIGH (Rs.)35.75 138.3

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 1.3097
Dividend Yield(%)
TTM EPS (Rs.)
P/E Ratio
Book Value (Rs.)
Face Value (Rs.)
MCap (Rs. in Mn)
Price/Earning (TTM)
Price/Sales (TTM)
Price/Book (MRQ)
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
01Feb02-01-2020$Magma Fincorp gets nod to invest Rs 100 crore in subsidiary Magma Fincorp gets nod to in

Magma Fincorp’s board has approved an investment up to a sum of Rs 100 crore in the Equity Share Capital of Magma Housing Finance, Wholly Owned Subsidiary, to augment the subsidiary's lending business. The Board of Directors at their meeting held on January 31, 2020 has approved the same.

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’s board has approved an investment up to a sum..
31Jan01-31-2020$Magma Fincorp gets nod to raise Rs 3000 crore Magma Fincorp gets nod to ra

Magma Fincorp has received an approval for raising funds through issuance of debt securities in the nature of non-convertible debt securities that is to say, secured, unsecured, subordinated debentures etc. for the financial year 2020-21 for an amount up to Rs 3000 crore. The Board of Directors at its meeting held on January 31, 2020 has approved the same.

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 received an approval for raising funds throug..
16Dec12-16-2019$Magma Fincorp shines on the BSE Magma Fincorp shines on the

Magma Fincorp is currently trading at Rs. 56.35, up by 1.35 points or 2.45% from its previous closing of Rs. 55.00 on the BSE.

The scrip opened at Rs. 57.70 and has touched a high and low of Rs. 57.75 and Rs. 55.50 respectively. So far 33020 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 138.20 on 02-Jul-2019 and a 52 week low of Rs. 37.00 on 20-Nov-2019.

Last one week high and low of the scrip stood at Rs. 57.75 and Rs. 48.05 respectively. The current market cap of the company is Rs. 1515.56 crore.

The promoters holding in the company stood at 24.41%, while Institutions and Non-Institutions held 68.18% and 7.41% respectively.

Magma Fincorp has raised Rs 350 crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable, senior secured and transferable.

This investment by FMO is under Voluntary Retention Route (VRR) for investment in Indian debt by foreign portfolio investment (FPI). Proceeds of the NCDs shall be utilized for the company’s ongoing business operations including expansion and growth of its micro and small and medium enterprise (MSME) loan portfolio.

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 Rs. 56.35, up by 1.35 poi..
16Dec12-16-2019$ Announcement under Regulation 30 (LODR)-Credit Rating Announcement under Regulati
Intimation under Reg 30 of SEBI(LODR)Regulations 2015 w.r.t. Credit Outlook dated 16.12.2019
Intimation under Reg 30 of SEBI(LODR)Regulations 2015 w.r.t. C..
13Dec12-13-2019$Magma Fincorp raises Rs 350 crore from Dutch Development Bank Magma Fincorp raises Rs 350

Magma Fincorp has raised Rs 350 crore by way of Non- Convertible Debentures (NCDs) from Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (FMO), a Dutch Entrepreneurial Development Bank, to support the company’s on-going growth plans. The NCDs issued on a private placement basis are unlisted, redeemable, senior secured and transferable.

This investment by FMO is under Voluntary Retention Route (VRR) for investment in Indian debt by foreign portfolio investment (FPI). Proceeds of the NCDs shall be utilized for the company’s ongoing business operations including expansion and growth of its micro and small and medium enterprise (MSME) loan portfolio.

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 raised Rs 350 crore by way of Non- Convertibl..
Financials More
Rs. in Millions
QTR Dec 19 ANNUAL 19
Net Profit53.97999999999952751.29
Gross Profit 67.2499999999995 4028.79
Operating Profit 2928.1714706.75
Net Sales 5184.1322311.46
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
peer group More
Spandana Sphoorty (BSE)
 1097.45 (5.37%)
M.Cap ( in Cr)
7053.18
Bengal & Assam (BSE)
 1640.30 (3.49%)
M.Cap ( in Cr)
1852.94
Shriram Trans. Fin (BSE)
 1342.05 (3.94%)
M.Cap ( in Cr)
30448.80
Motilal Oswal Fin (BSE)
 830.25 (5.01%)
M.Cap ( in Cr)
12304.40
CreditAccess Grameen (BSE)
 992.65 (4.07%)
M.Cap ( in Cr)
14284.31
Shareholding Pattern More
NON-INSTITUTION 8.69 %
FI/BANKS/INSURANCE 7.64 %
PROMOTERS 24.4 %
MUTUAL FUNDS/UTI 11.34 %
GOVERNMENT 0 %
FII 0 %
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