Mangal Electrical Industries Ltd
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]
- Market Cap ₹ 1,284 Cr.
 - Current Price ₹ 465
 - High / Low ₹ 574 / 438
 - Stock P/E 28.2
 - Book Value ₹
 - Dividend Yield 0.00 %
 - ROCE 30.4 %
 - ROE 34.1 %
 - Face Value ₹ 10.0
 
Pros
- Company has delivered good profit growth of 74.3% CAGR over last 5 years
 - Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
 
Cons
* 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 Electrical Equipment Other Electrical Equipment
Part of BSE IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 208 | 121 | 218 | 354 | 449 | 549 | |
| 194 | 109 | 198 | 310 | 407 | 467 | |
| Operating Profit | 14 | 12 | 21 | 44 | 43 | 82 | 
| OPM % | 7% | 10% | 9% | 13% | 9% | 15% | 
| 4 | 1 | 1 | 4 | 3 | 2 | |
| Interest | 10 | 9 | 10 | 11 | 13 | 15 | 
| Depreciation | 4 | 3 | 3 | 4 | 4 | 5 | 
| Profit before tax | 5 | 1 | 8 | 33 | 28 | 64 | 
| Tax % | 36% | 4% | 24% | 25% | 25% | 26% | 
| 3 | 1 | 6 | 25 | 21 | 47 | |
| EPS in Rs | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 21% | 
| 3 Years: | 36% | 
| TTM: | 22% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 74% | 
| 3 Years: | 98% | 
| TTM: | 126% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| 1 Year: | % | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 24% | 
| 3 Years: | 29% | 
| Last Year: | 34% | 
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 20 | 
| Reserves | 31 | 32 | 39 | 79 | 100 | 142 | 
| 88 | 106 | 83 | 97 | 92 | 149 | |
| 54 | 32 | 51 | 31 | 39 | 55 | |
| Total Liabilities | 188 | 185 | 187 | 221 | 247 | 366 | 
| 32 | 30 | 31 | 34 | 40 | 39 | |
| CWIP | -0 | -0 | 0 | -0 | 2 | 9 | 
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | 
| 156 | 155 | 156 | 187 | 205 | 318 | |
| Total Assets | 188 | 185 | 187 | 221 | 247 | 366 | 
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -16 | -1 | 37 | 27 | 37 | -30 | |
| -1 | -10 | -2 | 4 | -13 | -18 | |
| 17 | 9 | -33 | -34 | -18 | 42 | |
| Net Cash Flow | 0 | -1 | 1 | -2 | 6 | -7 | 
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 173 | 203 | 112 | 90 | 72 | 86 | 
| Inventory Days | 266 | 147 | 112 | 83 | 131 | |
| Days Payable | 118 | 91 | 27 | 26 | 32 | |
| Cash Conversion Cycle | 173 | 351 | 168 | 175 | 129 | 184 | 
| Working Capital Days | 102 | 175 | 71 | 98 | 61 | 72 | 
| ROCE % | 7% | 13% | 27% | 21% | 30% | 
Documents
Announcements
- 
        
          Board Meeting Intimation for Inter Alia To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025.
          
            31 Oct - Board meeting Nov 8, 2025 to approve unaudited Q2/H1 results; trading window closed Oct 1 until 48 hours post-declaration.
 - 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            10 Oct - Certificate under Regulation 74 confirming dematerialisation processing for quarter ended Sept 30, 2025.
 - 
        
          Closure of Trading Window
          
            23 Sep - Trading window closed from Oct 1, 2025 until 48 hours after unaudited results for quarter/H1 ending Sep 30, 2025.
 - 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            17 Sep - Newspaper Advertisement pertaining to unaudited financial results of Q1 FY 2026
 - 
        
          Announcement under Regulation 30 (LODR)-Press Release / Media Release
          
            16 Sep - Q1 FY26 results: Revenue ₹89.7cr, PAT ₹3.7cr; order book ₹294cr; IPO ₹400cr listed Aug 28, 2025.
 
Annual reports
No data available.
Business Overview:[1]
a) MEIL processes transformer components such as laminations, CRGO slit coils, amorphous cores, coil/core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers.
b) It trades in CRGO and CRNO coils, and amorphous ribbons.
c) It manufactures transformers and customized products for the power infrastructure industry.
d) The company also offers EPC services for setting up electrical substations.