Mangalam Worldwide Ltd
Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]
- Market Cap ₹ 368 Cr.
- Current Price ₹ 150
- High / Low ₹ 184 / 106
- Stock P/E 18.3
- Book Value ₹ 70.3
- Dividend Yield 0.67 %
- ROCE 14.4 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 145% CAGR over last 5 years
- Promoter holding has increased by 2.08% over last quarter.
Cons
- Tax rate seems low
- Debtor days have increased from 28.2 to 44.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 31 | 35 | 327 | 302 | 522 | 644 | 818 | |
| 31 | 35 | 325 | 297 | 510 | 626 | 781 | |
| Operating Profit | 0 | 0 | 2 | 6 | 12 | 18 | 37 |
| OPM % | 0% | 0% | 1% | 2% | 2% | 3% | 5% |
| 0 | 0 | 1 | 0 | 10 | 5 | 4 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 3 | 15 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 5 | 6 |
| Profit before tax | 0 | 0 | 2 | 4 | 19 | 15 | 20 |
| Tax % | 50% | 29% | 26% | 26% | 33% | -3% | 1% |
| 0 | 0 | 1 | 3 | 12 | 16 | 20 | |
| EPS in Rs | 5.13 | 70.99 | 425.93 | 833.33 | 6.88 | 6.43 | 8.20 |
| Dividend Payout % | 4% | 2% | 0% | 0% | 15% | 16% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 88% |
| 3 Years: | 39% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 145% |
| 3 Years: | 95% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 0 | 18 | 24 | 26 |
| Reserves | 1 | 9 | 10 | 13 | 27 | 103 | 146 |
| Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 3 | 19 | 16 | 47 | 86 | 102 | |
| 4 | 0 | 30 | 17 | 30 | 34 | 129 | |
| Total Liabilities | 6 | 12 | 59 | 46 | 123 | 248 | 403 |
| 1 | 1 | 1 | 1 | 51 | 78 | 87 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 1 | 5 | 5 | 5 | 4 | 4 | 7 |
| 4 | 6 | 53 | 40 | 68 | 166 | 307 | |
| Total Assets | 6 | 12 | 59 | 46 | 123 | 248 | 403 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 0 | -5 | -15 | 6 | 2 | -70 | -11 | |
| -1 | -4 | 0 | 0 | -42 | -25 | -19 | |
| 1 | 9 | 15 | -5 | 44 | 103 | 27 | |
| Net Cash Flow | -0 | 0 | 0 | 1 | 4 | 7 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 43 | 13 | 12 | 11 | 30 | 44 |
| Inventory Days | 29 | 0 | 42 | 42 | 31 | 47 | 84 |
| Days Payable | 44 | 37 | 27 | 16 | 9 | 28 | |
| Cash Conversion Cycle | -2 | 43 | 18 | 27 | 26 | 67 | 100 |
| Working Capital Days | 0 | 57 | 25 | 26 | 25 | 71 | 77 |
| ROCE % | 6% | 15% | 20% | 18% | 10% |
Documents
Announcements
Annual reports
Concalls
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Dec 2023TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
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Oct 2023TranscriptPPT
Business Overview:[1][2]
MWL is promoted by Ahmedabad based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified multi location, fully integrated Stainless Steel Mill where it does manufacturing and trading of steel products.