Mangal Electrical Industries Ltd
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]
- Market Cap ₹ 816 Cr.
- Current Price ₹ 296
- High / Low ₹ 574 / 206
- Stock P/E 18.9
- Book Value ₹ 214
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 11.5 %
- 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 IPO BSE Industrials Nifty 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 | |
|---|---|---|---|---|---|---|---|
| 208 | 121 | 218 | 354 | 449 | 549 | 580 | |
| 194 | 109 | 198 | 310 | 407 | 467 | 511 | |
| Operating Profit | 14 | 12 | 21 | 44 | 43 | 82 | 68 |
| OPM % | 7% | 10% | 9% | 13% | 9% | 15% | 12% |
| 4 | 1 | 1 | 4 | 3 | 2 | 7 | |
| Interest | 10 | 9 | 10 | 11 | 13 | 15 | 12 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 5 | 6 |
| Profit before tax | 5 | 1 | 8 | 33 | 28 | 64 | 58 |
| Tax % | 36% | 4% | 24% | 25% | 25% | 26% | 26% |
| 3 | 1 | 6 | 25 | 21 | 47 | 43 | |
| EPS in Rs | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 15.62 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 18% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 109% |
| 3 Years: | 20% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| 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 | 9 |
| 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
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Acquisition Of Industrial Land
29 Jun - Acquired 1.4315-hectare industrial land in Sikar, Rajasthan for ₹8 crore to expand manufacturing facilities.
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Jun - The Company is organizing a plant visit followed by management interaction for Analysts / Investors on 18.06.2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
4 Jun - CFO Pawan Mendiratta resigned on June 3, 2026; relieved after business hours on September 3, 2026.
Annual reports
No data available.
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.