Mangal Electrical Industries Ltd
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]
- Market Cap ₹ 739 Cr.
- Current Price ₹ 269
- High / Low ₹ 510 / 206
- Stock P/E 15.7
- Book Value ₹ 214
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 11.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 109% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 95.5 to 129 days.
- Working capital days have increased from 119 days to 225 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE Industrials Nifty IPO 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 208 | 121 | 218 | 354 | 449 | 549 | 580 | 616 | |
| 194 | 109 | 198 | 310 | 407 | 467 | 511 | 546 | |
| Operating Profit | 14 | 12 | 21 | 44 | 43 | 82 | 68 | 70 |
| OPM % | 7% | 10% | 9% | 13% | 9% | 15% | 12% | 11% |
| 4 | 1 | 1 | 4 | 3 | 2 | 7 | 9 | |
| Interest | 10 | 9 | 10 | 11 | 13 | 15 | 12 | 10 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 5 | 6 | 6 |
| Profit before tax | 5 | 1 | 8 | 33 | 28 | 64 | 58 | 63 |
| Tax % | 36% | 4% | 24% | 25% | 25% | 26% | 26% | |
| 3 | 1 | 6 | 25 | 21 | 47 | 43 | 47 | |
| EPS in Rs | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 15.62 | 16.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 18% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 109% |
| 3 Years: | 20% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 20 | 28 |
| Reserves | 31 | 32 | 39 | 79 | 100 | 142 | 563 |
| 88 | 106 | 83 | 97 | 92 | 149 | 45 | |
| 54 | 32 | 51 | 31 | 39 | 55 | 71 | |
| Total Liabilities | 188 | 185 | 187 | 221 | 247 | 366 | 707 |
| 32 | 30 | 31 | 34 | 40 | 39 | 70 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 9 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 156 | 155 | 156 | 187 | 205 | 318 | 628 | |
| Total Assets | 188 | 185 | 187 | 221 | 247 | 366 | 707 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -16 | -1 | 37 | 27 | 37 | -30 | -101 | |
| -1 | -10 | -2 | 4 | -13 | -18 | -158 | |
| 17 | 9 | -33 | -34 | -18 | 42 | 264 | |
| Net Cash Flow | 0 | -1 | 1 | -2 | 6 | -7 | 5 |
| Free Cash Flow | -17 | -2 | 32 | 24 | 25 | -42 | -138 |
| CFO/OP | -101% | -4% | 177% | 76% | 105% | -15% | -131% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 173 | 203 | 112 | 90 | 72 | 86 | 129 |
| Inventory Days | 266 | 147 | 112 | 83 | 131 | 158 | |
| Days Payable | 118 | 91 | 27 | 26 | 32 | 35 | |
| Cash Conversion Cycle | 173 | 351 | 168 | 175 | 129 | 184 | 252 |
| Working Capital Days | 102 | 175 | 71 | 98 | 61 | 72 | 225 |
| ROCE % | 7% | 13% | 27% | 21% | 30% | 15% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| CRGO Processing Volume MT |
|
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| CRGO Installed Capacity MT |
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| Top 10 Customer Concentration % |
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| Transformer Installed Capacity units |
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| Amorphous Processing Capacity MT |
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| ICB Installed Capacity units |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed Rohit Pokharna as CFO from September 16, 2026; approved FY26 cost audit report.
-
Board Meeting Outcome for Appointment Of Chief Financial Officer
- Board appointed Rohit Pokharna as CFO effective September 16, 2026; approved FY2025-26 cost audit report.
-
Announcement under Regulation 30 (LODR)-Credit Rating
- CARE Ratings assigned CARE A-; Stable ratings to ₹133.12 crore bank facilities.
- Voting Results Of 18Th AGM Of The Company
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Concalls
-
May 2026TranscriptAI SummaryPPT
Business Overview:
a) Product Processing & Trading:[1]
MEIL processes transformer components like CRGO coils, cut laminations, core assemblies, amorphous cores, and circuit breakers. Additionally, the company trades in CRGO /CRNO coils and amorphous ribbons for power infrastructure.
b) Manufacturing & Services:
The company manufactures a wide range of transformers, from single-phase 5 KVA to three-phase 10 MVA units. Furthermore, MEIL provides turnkey EPC services for setting up electrical substations.