Mangalam Global Enterprise Ltd
Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in Edible, Non-edible Oil, Seeds and its derivatives[1]
- Market Cap ₹ 467 Cr.
 - Current Price ₹ 14.2
 - High / Low ₹ 18.5 / 10.6
 - Stock P/E 17.9
 - Book Value ₹ 6.86
 - Dividend Yield 0.07 %
 - ROCE 16.8 %
 - ROE 14.6 %
 - Face Value ₹ 1.00
 
Pros
- Company has delivered good profit growth of 51.4% CAGR over last 5 years
 
Cons
- Contingent liabilities of Rs.185 Cr.
 - Earnings include an other income of Rs.32.3 Cr.
 
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 390 | 582 | 960 | 1,277 | 1,424 | 1,839 | 2,281 | 2,603 | |
| 382 | 570 | 948 | 1,266 | 1,395 | 1,802 | 2,236 | 2,560 | |
| Operating Profit | 8 | 11 | 12 | 11 | 29 | 37 | 45 | 43 | 
| OPM % | 2% | 2% | 1% | 1% | 2% | 2% | 2% | 2% | 
| 0 | 2 | 5 | 8 | 5 | 15 | 19 | 32 | |
| Interest | 3 | 8 | 8 | 11 | 15 | 26 | 30 | 29 | 
| Depreciation | 1 | 3 | 3 | 4 | 3 | 3 | 2 | 2 | 
| Profit before tax | 3 | 3 | 6 | 4 | 16 | 23 | 31 | 44 | 
| Tax % | 28% | 20% | 20% | 20% | 21% | 11% | 27% | |
| 2 | 2 | 5 | 4 | 13 | 20 | 23 | 36 | |
| EPS in Rs | 0.58 | 0.11 | 0.20 | 0.14 | 0.40 | 0.61 | 0.70 | 1.09 | 
| Dividend Payout % | 2% | 51% | 43% | 61% | 2% | 1% | 1% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 31% | 
| 3 Years: | 21% | 
| TTM: | 12% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 51% | 
| 3 Years: | 101% | 
| TTM: | -6% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 28% | 
| 3 Years: | -4% | 
| 1 Year: | 14% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 12% | 
| 3 Years: | 15% | 
| Last Year: | 15% | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 16 | 25 | 26 | 28 | 29 | 33 | 33 | 
| Reserves | 32 | 43 | 44 | 54 | 87 | 110 | 169 | 193 | 
| 29 | 56 | 122 | 137 | 237 | 201 | 224 | 234 | |
| 8 | 19 | 31 | 54 | 88 | 80 | 130 | 276 | |
| Total Liabilities | 71 | 134 | 222 | 271 | 439 | 420 | 556 | 736 | 
| 26 | 44 | 34 | 38 | 65 | 49 | 57 | 56 | |
| CWIP | 4 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 
| Investments | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 
| 38 | 86 | 184 | 230 | 361 | 369 | 496 | 677 | |
| Total Assets | 71 | 134 | 222 | 271 | 439 | 420 | 556 | 736 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -46 | 13 | -44 | -29 | -50 | 40 | -39 | |
| -30 | -25 | -14 | 34 | -41 | 2 | 4 | |
| 76 | 13 | 61 | -7 | 92 | -42 | 34 | |
| Net Cash Flow | 1 | 0 | 2 | -1 | 1 | -1 | -1 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 7 | 13 | 37 | 23 | 54 | 35 | 44 | 
| Inventory Days | 15 | 15 | 9 | 35 | 19 | 21 | 17 | 
| Days Payable | 2 | 2 | 12 | 13 | 18 | 4 | 8 | 
| Cash Conversion Cycle | 19 | 26 | 35 | 45 | 54 | 52 | 53 | 
| Working Capital Days | 17 | 6 | 2 | 13 | 10 | 19 | 22 | 
| ROCE % | 12% | 9% | 7% | 11% | 14% | 17% | 
Documents
Announcements
- 
        
          Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ("SEBI Listing Regulations") To Proposed Incorporation Of Three Wholly Owned Subsidiary (WOS)  Companies Of Mangalam Global Enterprise Limited ('The Company').
          
            29 Oct - Board approved incorporation of three 100%-owned WOS (nutraceuticals, oleo, Dubai trading); each subscribed Rs1,00,000 (Oct 29, 2025).
 - 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            16 Oct - NEWSPAPER ADVERTISEMENT FOR STANDALONE AND CONSOLIDIATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & HALF YEAR ENDED ON SEPTEMBER 30, 2025.
 - 
        
          Board Meeting Outcome For Submission Of Standalone & Consolidated Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025.
          
            15 Oct - Approved standalone and consolidated Q2/H1 results to 30 Sep 2025; H1 PAT standalone Rs2,360.56L, consolidated Rs2,422.79L.
 - 
        
          Board Meeting Outcome for Board Meeting Outcome For Submission Of Standalone & Consolidated Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025.
          
            15 Oct - Approved Q2/H1 FY2026 unaudited results; H1 consolidated PAT Rs.2,422.79 lakh; exceptional GST refund Rs.1,064.19 lakh.
 - 
        
          Board Meeting Intimation for To Consider And Approve Unaudited Standalone And Consolidated Financial Results For The Period Ended September 30, 2025 And Other Business Matters.
          
            10 Oct - Board meeting Oct 15, 2025 to approve standalone/consolidated Q2/H1 unaudited results (Sept 30, 2025); trading window closure.
 
Business Overview:[1][2]
MGEL is a part of Ahmedabad-based Mangalam group, which deals in manufacturing and trading of:
a) Refined Castor Oil, First Special Grad, Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets
b) Cotton bales, Cotton seeds, Cotton Cake, Cattle Feed, Cotton Wash Oil, processing of wheat and rice
c) Mustard seed, Mustard oil, Mustard Meal, Mustard cake, Soya seed, Soya refined oil, Soya Meal, Soya cake, Wheat and Rice, and other agricultural products
d) Company has entered into B2C market by launching new products under the brand “LAGNAM” in domestic market
e) It is also a service provider for liaising
and clearing service and from lease rentals