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 ₹ 414 Cr.
- Current Price ₹ 169
- High / Low ₹ 184 / 106
- Stock P/E 19.0
- Book Value ₹ 73.6
- Dividend Yield 0.59 %
- ROCE 13.7 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 302 | 522 | 644 | 818 | |
| 297 | 510 | 625 | 780 | |
| Operating Profit | 6 | 12 | 19 | 38 |
| OPM % | 2% | 2% | 3% | 5% |
| 0 | 10 | 5 | 4 | |
| Interest | 2 | 2 | 3 | 15 |
| Depreciation | 0 | 1 | 5 | 7 |
| Profit before tax | 4 | 19 | 15 | 20 |
| Tax % | 26% | 33% | -8% | -12% |
| 3 | 12 | 16 | 23 | |
| EPS in Rs | 833.33 | 6.88 | 6.65 | 8.91 |
| Dividend Payout % | 0% | 15% | 15% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 101% |
| TTM: | 71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0 | 18 | 24 | 26 |
| Reserves | 13 | 27 | 110 | 154 |
| 17 | 47 | 86 | 103 | |
| 17 | 30 | 37 | 131 | |
| Total Liabilities | 47 | 123 | 258 | 414 |
| 2 | 51 | 91 | 99 | |
| CWIP | 0 | 0 | 0 | 2 |
| Investments | 5 | 4 | 3 | 7 |
| 40 | 68 | 164 | 306 | |
| Total Assets | 47 | 123 | 258 | 414 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 6 | 2 | -68 | -10 | |
| -1 | -40 | -38 | -21 | |
| -4 | 43 | 113 | 27 | |
| Net Cash Flow | 1 | 4 | 7 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 12 | 11 | 30 | 44 |
| Inventory Days | 42 | 31 | 47 | 84 |
| Days Payable | 27 | 16 | 9 | 28 |
| Cash Conversion Cycle | 27 | 26 | 67 | 100 |
| Working Capital Days | 26 | 25 | 69 | 77 |
| ROCE % | 17% | 9% |
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.