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Last 90.75 INR
Change Today +3.05 / 3.48%
Volume 113.1K
As of 7:06 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

magma fincorp ltd (MGMA) Snapshot

Open
89.45
Previous Close
87.70
Day High
92.15
Day Low
88.25
52 Week High
09/10/14 - 142.00
52 Week Low
03/27/15 - 81.55
Market Cap
21.5B
Average Volume 10 Days
102.9K
EPS TTM
8.88
Shares Outstanding
236.8M
EX-Date
07/23/15
P/E TM
10.2x
Dividend
0.80
Dividend Yield
0.88%
Current Stock Chart for MAGMA FINCORP LTD (MGMA)

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magma fincorp ltd (MGMA) Details

Magma Fincorp Limited, a non-banking finance company, provides asset finance, housing finance, and general insurance services in India. It offers loans for cars and utility vehicles, commercial vehicles, construction equipment, tractors, used vehicles, and SME businesses, as well as auto lease, mortgage finance, and gold loan financing services. The company operates approximately 235 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Kolkata, India.

Founded in 1978

magma fincorp ltd (MGMA) Top Compensated Officers

Vice Chairman, Managing Director, Member of N...
Total Annual Compensation: 6.0M
Executive Chairman, Chairman of Management Co...
Total Annual Compensation: 6.0M
Chief Financial Officer
Total Annual Compensation: 306.0K
Chief Credit & Operations Officer
Total Annual Compensation: --
Chief Strategy Officer
Total Annual Compensation: 3.5M
Compensation as of Fiscal Year 2015.

magma fincorp ltd (MGMA) Key Developments

Magma Fincorp Limited Reports Un-Audited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2015

Magma Fincorp Limited reported un-audited standalone and consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, on standalone basis, the company reported total income from operations (net) of INR 5,157.191 million compared to INR 4,706.493 million, profit from operations before other income and finance costs of INR 2,975.487 million compared to INR 2,882.703 million, profit from ordinary activities before tax of INR 515.690 million compared to INR 378.822 million and net profit from ordinary activities after tax of INR 400.189 million or INR 1.71 per diluted share compared to INR 346.317 million or INR 1.67 per diluted share for the last year. For the quarter, on consolidated basis, the company reported total income from operations (net) of INR 6,061.713 million compared to INR 5,443.156 million, profit from operations before other income and finance costs of INR 3,537.88 million compared to INR 3,354.367 million, profit from ordinary activities before tax of INR 572.248 million compared to INR 512.872 million and net profit from ordinary activities after tax of INR 464.563 million or INR 1.95 per diluted share compared to INR 457.658 million or INR 2.13 per diluted share for the last year.

Magma Fincorp Limited Announces Executive Changes

Magma Fincorp Ltd. announced that the board of directors at its meeting held on August 01, 2015 has taken on record the relinquishment of the office of Company Secretary and Compliance Officer by Mr. Kailash Baheti effective from close of business hours on August 01, 2015. However, he will continue to be the Chief Strategy Officer. Further, based on the recommendation of the Nomination and Remuneration Committee of the company the Board of Directors has appointed Ms. Shabnum Zaman presently designated as Deputy Company Secretary as the Company Secretary and Compliance Officer for Stock Exchange purpose with effect from August 02, 2015.

Magma Fincorp Limited Approves the Adoption of Articles of Association

Magma Fincorp Limited approved the adoption of articles of association.

 

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MGMA Competitors

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Company Last Change
SRG Securities Finance Ltd 18.00 INR 0.00
Sundaram Finance Ltd 1,595 INR +9.75
View Industry Companies
 

Industry Analysis

MGMA

Industry Average

Valuation MGMA Industry Range
Price/Earnings 10.1x
Price/Sales 1.4x
Price/Book 1.0x
Price/Cash Flow 9.8x
TEV/Sales NM Not Meaningful
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