Mangal Electrical Industries Ltd
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]
- Market Cap ₹ 871 Cr.
- Current Price ₹ 316
- High / Low ₹ 574 / 206
- Stock P/E 20.2
- 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 | |
|---|---|---|---|
| Customer Concentration (Top 10 Customers) % |
|
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| Debtor Collection Period Days |
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| Installed Capacity - CRGO Steel Electrical Laminations MTPA |
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| Installed Capacity - Transformers Units |
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| Inventory Holding Period Days |
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| Unexecuted Orderbook - CRGO Laminations & Other Products INR Million |
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| Unexecuted Orderbook - Transformers INR Million |
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| Unexecuted Orderbook - Turnkey EPC Distribution Infrastructure INR Million |
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Extracted by Screener AI
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Mangal Electrical confirms it is not a large corporate for FY2026; outstanding borrowings were 45.43 Cr.
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Statement Of Deviation Or Variation For The Quarter Ended March 31, 2026
15 May - Mangal Electrical reports no deviation in ₹40,000 lakh IPO proceeds for quarter ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - Press release for standalone audited results for quarter and year ended March 31, 2026.
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Announcement Under Regulation 30 Of SEBI(LODR) Regulations -Revised Presentation Mangal Electrical Industries Ltd
14 May - FY26 investor presentation outlines revenue ₹579.7 Cr, EBITDA ₹68.3 Cr, PAT ₹43.2 Cr, and capacity expansion plans.
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Announcement Under Regulation 30- Presentation - MEIL
13 May - FY26 investor presentation: revenue ₹579.7 crore, EBITDA ₹68.3 crore, PAT ₹43.2 crore.
Annual reports
No data available.
Concalls
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May 2026TranscriptAI SummaryPPT
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.