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Maharaja Shree Umaid Mills ₹110 ▼ 18.5% 1M

Maharaja Shree Umaid Mills Unlisted Shares

Textiles Composite textile mill (yarn and fabrics) with renewable energy and investments

Maharaja Shree Umaid Mills is a Kolkata-headquartered LNB Group company that runs a composite textile mill in Pali, Rajasthan, plus wind and solar power plants and an investment arm. Consolidated revenue from operations was ₹72,359.58 lakh in FY26.

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Indicative price
As of 11 Nov 2026
₹110 ▼ 18.52% in 1 month
Key facts

Maharaja Shree Umaid Mills share details

Lot size
250 shares
Min. investment
₹27,500
Face value
₹10
Implied market cap
₹1,071 Cr
Shares outstanding
97,377,089
Founded
1939
Headquarters
Kolkata, West Bengal
Website
msumindia.com
ISIN
INE087D01013
CIN
U17124WB1939PLC128650
Lock-in after IPO
6 months
Price history

Maharaja Shree Umaid Mills share price chart

1Y change
-18.52%
High
₹135
Low
₹110

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Maharaja Shree Umaid Mills

Maharaja Shree Umaid Mills Limited (MSUM) is an unlisted public company with its registered office in Kolkata and its head office and works at Pali in Rajasthan. Its commercial production began in 1941. It is part of the LNB Group, and Mr. Lakshmi Niwas Bangur is its Chairman and Managing Director. The company works in three segments. The textile segment is a composite textile business that makes yarn and fabrics. The renewable energy segment owns wind and solar plants and sells power to state utilities under long-term power purchase agreements. The financing and investment segment holds shares, securities and immovable properties, and gives loans. The annual report states a renewable portfolio of 105.48 MW, made up of 25.3 MW of wind and 80.18 MW of solar projects in Rajasthan and Maharashtra. On a consolidated basis, revenue from operations was ₹72,359.58 lakh in FY26, against ₹82,880.80 lakh in FY25. The company reported a consolidated loss of ₹1,153.63 lakh for FY26, after a profit of ₹9,670.35 lakh in FY25. The chairman's message says the textile division faced subdued demand, US tariff issues, market competition and higher power tariffs. Exports in FY26 were worth ₹2363.49 lakh to 3 countries (FOB value, as stated by the company). The promoter group holds the company. In the FY26 annual report, LNB Renewable Energy Ltd holds 32.92%, Shree Krishna Agency Ltd 26.55% and The General Investment Co. Ltd. 11.35%. The company has 97,377,089 equity shares of ₹10 each. During FY25 it completed a scheme of amalgamation, and the FY26 report shows both standalone and consolidated accounts. We have used consolidated figures here. The company's shares are not listed on an exchange. Shares of a company like this are dealt off-market between buyers and sellers, so prices are indicative and liquidity is thin. IPO Guru shows an indicative price of ₹110 and a lot size of 250 shares. We have no IPO filing or date to report for this company.

Strengths

  • The company earns from three segments: textiles, renewable energy and investments. The FY26 annual report describes all three, so it is not tied to yarn prices alone.
  • Its renewable portfolio is 105.48 MW (25.3 MW wind and 80.18 MW solar), and the annual report says power offtake is secured through long-term power purchase agreements with state bodies.
  • Consolidated revenue from operations was ₹72,359.58 lakh in FY26 on a large asset base, with total assets of ₹420,138.00 lakh and total equity of ₹308,084.34 lakh at 31 March 2026.
  • The company has been in production since 1941 and is run by the LNB Group promoters, who together hold the majority of the 97,377,089 equity shares.
  • It holds large financial assets. Consolidated non-current investments were ₹121,025.66 lakh and current investments were ₹71,895.98 lakh at 31 March 2026.
  • Cash and cash equivalents rose to ₹24,399.73 lakh at 31 March 2026 from ₹17,853.15 lakh a year earlier on a consolidated basis.

Risks

  • Revenue from operations fell from ₹82,880.80 lakh in FY25 to ₹72,359.58 lakh in FY26 on a consolidated basis.
  • The company moved from a consolidated profit of ₹9,670.35 lakh in FY25 to a loss of ₹1,153.63 lakh in FY26. Consolidated EPS fell to ₹0.22 from ₹10.61.
  • Consolidated operating cash flow was negative in both years: ₹-2,345.86 lakh in FY26 and ₹-1,862.58 lakh in FY25.
  • Current borrowings rose to ₹24,789.44 lakh at 31 March 2026 from ₹17,759.61 lakh, and non-current borrowings were ₹47,091.85 lakh. Finance costs were ₹6,322.93 lakh in FY26.
  • The chairman's message cites subdued demand, US tariff issues, competition and rising power tariffs as pressure on the textile business.
  • Exports are small. FY26 export sales were ₹2363.49 lakh to 3 countries, so the business depends mostly on the domestic market.
  • A large part of the balance sheet is investments and loans, so results can swing with market values and with returns on those holdings. Other comprehensive income was ₹9,079.55 lakh in FY26.
  • The shares are unlisted. Prices are indicative, trades happen off-market and it may be hard to find a buyer when you want to sell.
Financials

Maharaja Shree Umaid Mills financial performance

Revenue, profit and balance-sheet figures by fiscal year.

Revenue & PAT (₹ Cr)
Revenue PAT
Metric FY26Latest FY25
Revenue (₹ Cr) 724 829
PAT (₹ Cr) -11.54 96.70
PAT Margin (%) -1.59 11.67
RoNW (%) -0.37 3.23
EPS (₹) 0.22 10.61
Total Assets (₹ Cr) 4,201 4,027
Net Worth (₹ Cr) 3,081 2,990

Swipe the table sideways for earlier years →

Leadership

Management team

Mr. Lakshmi Niwas Bangur
Chairman & Managing Director
Chairman of the board and of the CSR committee; promoter group member.
Mr. Amit Mehta
Managing Director
Managing Director, retiring by rotation at the AGM.
Mrs. Alka Lakshmi Niwas Bangur
Director
Director and chair of the Stakeholder Relationship Committee.
Mr. Chanchalmal Bachhawat
Independent Director
Chairman of the Audit Committee.
Mr. Kashi Prasad Khandelwal
Independent Director
Member of the Audit and Nomination & Remuneration committees.
Mr. Laxmi Narayan Mandhana
Chief Financial Officer
Chief Financial Officer.
Mr. Sanjeet Kumar Singh
Company Secretary
Company Secretary, appointed on 3 February 2026.
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Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.

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