Mangalam Alloys Ltd
Incorporated in 1988, Mangalam Alloys Ltd manufactures and distributes high quality Stainless Steel products[1]
- Market Cap ₹ 138 Cr.
 - Current Price ₹ 56.0
 - High / Low ₹ 80.2 / 26.2
 - Stock P/E 89.7
 - Book Value ₹
 - Dividend Yield 0.00 %
 - ROCE 7.43 %
 - ROE 2.41 %
 - Face Value ₹ 10.0
 
Pros
Cons
- Company has low interest coverage ratio.
 
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit | 
| OPM % | 
| Interest | 
| Depreciation | 
| Profit before tax | 
| Tax % | 
| EPS in Rs | 
| Raw PDF | 
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| 386 | 301 | 310 | |
| 354 | 287 | 284 | |
| Operating Profit | 31 | 14 | 26 | 
| OPM % | 8% | 5% | 8% | 
| 0 | 1 | 1 | |
| Interest | 15 | 15 | 16 | 
| Depreciation | 8 | 9 | 9 | 
| Profit before tax | 8 | -9 | 1 | 
| Tax % | 19% | -26% | 101% | 
| 7 | -7 | 2 | |
| EPS in Rs | 3.76 | -3.67 | 0.84 | 
| Dividend Payout % | 0% | 0% | 0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | 3% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | 121% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| 1 Year: | 40% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| Last Year: | 2% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| Equity Capital | 18 | 19 | 19 | 
| Reserves | 50 | 44 | 46 | 
| 151 | 168 | 164 | |
| 134 | 106 | 94 | |
| Total Liabilities | 353 | 337 | 322 | 
| 91 | 97 | 101 | |
| CWIP | 12 | 0 | 0 | 
| Investments | 0 | 0 | 0 | 
| 249 | 240 | 221 | |
| Total Assets | 353 | 337 | 322 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| 16 | 6 | ||
| -20 | -2 | ||
| 5 | -5 | ||
| Net Cash Flow | 1 | -1 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| Debtor Days | 70 | 74 | 70 | 
| Inventory Days | 180 | 224 | 205 | 
| Days Payable | 124 | 119 | 100 | 
| Cash Conversion Cycle | 126 | 178 | 175 | 
| Working Capital Days | 24 | 49 | 44 | 
| ROCE % | 3% | 7% | 
Documents
Announcements
- 
        
          Appointment
          
            15 October 2025 - 15 Oct 2025: Megha Tushar Mehta appointed Additional Director; CFO and spouse of MD.
 - 
        
          Resignation
          
            15 October 2025 - Uttamchand Chandanmal Mehta resigned as Whole-Time Director effective 30 September 2025.
 - 
        
          Outcome of Board Meeting
          
            15 October 2025 - Resignation of Whole-Time Director Uttamchand Mehta effective 30 Sep 2025; Megha Mehta appointed Executive Director on 15 Oct 2025.
 - 
        
          Outcome of Board Meeting
          
            15 October 2025 - Resignation of WTD Uttamchand Mehta effective 30 Sep 2025; Megha Mehta appointed Additional Executive Director on 15 Oct 2025.
 - 
        
          Certificate under SEBI (Depositories and Participants) Regulations, 2018
          
            14 October 2025 - Reg 74(5) certificate: no physical share certificates received for demat for quarter ended 30 Sept 2025.
 
Business Overview:[1][2][3]
a) MAL is the flagship company of Unison Metal Limited group
b) It is an ISO 9001:2015 and PED certified, and also recognized as Two Star Export House by DGFT, India.
c) Company manufactures various types of Steel products in 15+ international grades and in size range from 3mm to 400mm Black Round Bars, SS RCS, Forging, Hexagonal and Square, Bars, Steel Ignots, Bright Round Bar, Fasteners, Flat Bars, and Angle Bars
d) Their business model is B2B including Oil and Gas, Pump Sector, Engineering Sector