Mangal Electrical Industries Ltd
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]
- Market Cap ₹ 827 Cr.
- Current Price ₹ 299
- High / Low ₹ 574 / 206
- Stock P/E 18.6
- Book Value ₹ 204
- Dividend Yield 0.00 %
- ROCE 30.4 %
- ROE 34.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- 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
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 208 | 121 | 218 | 354 | 449 | 549 | 553 | |
| 194 | 109 | 198 | 310 | 407 | 467 | 480 | |
| Operating Profit | 14 | 12 | 21 | 44 | 43 | 82 | 73 |
| OPM % | 7% | 10% | 9% | 13% | 9% | 15% | 13% |
| 4 | 1 | 1 | 4 | 3 | 2 | 5 | |
| Interest | 10 | 9 | 10 | 11 | 13 | 15 | 13 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 5 | 6 |
| Profit before tax | 5 | 1 | 8 | 33 | 28 | 64 | 60 |
| Tax % | 36% | 4% | 24% | 25% | 25% | 26% | |
| 3 | 1 | 6 | 25 | 21 | 47 | 44 | |
| EPS in Rs | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 18.28 |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 20 | 28 |
| Reserves | 31 | 32 | 39 | 79 | 100 | 142 | 536 |
| 88 | 106 | 83 | 97 | 92 | 149 | 68 | |
| 54 | 32 | 51 | 31 | 39 | 55 | 50 | |
| Total Liabilities | 188 | 185 | 187 | 221 | 247 | 366 | 682 |
| 32 | 30 | 31 | 34 | 40 | 39 | 51 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 9 | 25 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 156 | 155 | 156 | 187 | 205 | 318 | 605 | |
| Total Assets | 188 | 185 | 187 | 221 | 247 | 366 | 682 |
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 |
| Free Cash Flow | -17 | -2 | 32 | 24 | 25 | -42 |
| CFO/OP | -101% | -4% | 177% | 76% | 105% | -15% |
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% |
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
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
17 Apr - PGCIL renewed MEIL manufacturer approval for 765 kV CRGO coils and laminations until April 22, 2029.
-
Revised Corporate Announcement Filed Under Regulation 30 Of SEBI (LODR) Regulations, 2015
17 Apr - Rajasthan appellate authority levied ₹55.73 lakh GST, interest and penalty; company will appeal.
-
Intimation Under Regulation 30 & 51 Of SEBI (LODR) Regulations, 2015.
16 Apr - Rajasthan GST appellate authority order on FY18 ITC issues; impact about ₹55.73 lakh.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
- Closure of Trading Window 26 Mar
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.