Mapro Industries
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Mapro Industries Limited agreed to a change of control on 24 September 2026 when Arambhveer Limited signed a share purchase agreement to buy 21,85,430 shares representing 26.05% of voting capital from promoter Sandeep Gupta at Rs30 per share for Rs6.56 crore. Arambhveer offered to buy up to a further 21,81,121 shares representing 26% from public shareholders at Rs60.13 per share for cash aggregating Rs13.11 crore through a mandatory open offer managed by Wealth Mine Networks. The seller was to exit fully and relinquish management with the acquirer to be classified as promoter on completion. Sandeep Gupta held 26.05% within a 30.58% promoter block alongside two directors holding 2.26% each. The company reported total income of Rs1.59 crore in FY26, including Rs0.95 crore of interest on loans and Rs0.46 crore of commission, against a balance sheet dominated by Rs25.38 crore of non-current loans and advances within Rs26.84 crore of total assets. Outside the promoter block, large non-promoter churn had seen a 6.90% holder exit to 0.94% in open-market sales between March and July 2026 while Whitefeathers Realty emerged with 5.16%.
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Mapro Industries Limited agreed to a change of control on 24 September 2026 when Arambhveer Limited signed a share purchase agreement to buy 21,85,430 shares representing 26.05% of voting capital from promoter Sandeep Gupta at Rs30 per share for Rs6.56 crore. Arambhveer offered to buy up to a further 21,81,121 shares representing 26% from public shareholders at Rs60.13 per share for cash aggregating Rs13.11 crore through a mandatory open offer managed by Wealth Mine Networks. The seller was to exit fully and relinquish management with the acquirer to be classified as promoter on completion. Sandeep Gupta held 26.05% within a 30.58% promoter block alongside two directors holding 2.26% each. The company reported total income of Rs1.59 crore in FY26, including Rs0.95 crore of interest on loans and Rs0.46 crore of commission, against a balance sheet dominated by Rs25.38 crore of non-current loans and advances within Rs26.84 crore of total assets. Outside the promoter block, large non-promoter churn had seen a 6.90% holder exit to 0.94% in open-market sales between March and July 2026 while Whitefeathers Realty emerged with 5.16%.
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What does Mapro Industries do?
Mapro Industries Limited is engaged in the field of trading and infrastructure related activities. It offers welding accessories. The company was formerly known as Meena Air Products Limited and changed its name to Mapro Industries Limited in 1995. Mapro Industries Limited was incorporated in 1973 and is based in Mumbai, India.
Who are the competitors of Mapro Industries?
Mapro Industries major competitors are RTS Power Corpn., JSL Industries, Mehai Technology, Hindustan Appliances, Taylormade Renewable, Visdem Technosys, Calcom Vision. Market Cap of Mapro Industries is ₹94 Crs. While the median market cap of its peers are ₹93 Crs.
Is Mapro Industries financially stable compared to its competitors?
Mapro Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Mapro Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Mapro Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Mapro Industries allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Mapro Industries balance sheet?
Balance sheet of Mapro Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Mapro Industries improving?
Yes, profit is increasing. The profit of Mapro Industries is ₹0.91 Crs for TTM, ₹0.27 Crs for Mar 2025 and ₹0.04 Crs for Mar 2024.
Is the debt of Mapro Industries increasing or decreasing?
Yes, The net debt of Mapro Industries is increasing. Latest net debt of Mapro Industries is -₹0.1 Crs as of Sep-26. This is greater than Mar-25 when it was -₹0.12 Crs.
Is Mapro Industries stock expensive?
Mapro Industries is not expensive. Latest PE of Mapro Industries is 103, while 3 year average PE is 2049. Also latest EV/EBITDA of Mapro Industries is 92.25 while 3yr average is 562.
Has the share price of Mapro Industries grown faster than its competition?
Mapro Industries has given better returns compared to its competitors. Mapro Industries has grown at ~33.57% over the last 3yrs while peers have grown at a median rate of -1.51%
Is the promoter bullish about Mapro Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Mapro Industries is 30.58% and last quarter promoter holding is 30.58%.
Are mutual funds buying/selling Mapro Industries?
There is Insufficient data to gauge this.