Manglam Infra & Engineering Ltd
Incorporated in 2010, Manglam Infra and Engineering Ltd offers infrastructure development and engineering services[1]
- Market Cap ₹ 24.5 Cr.
- Current Price ₹ 13.9
- High / Low ₹ 35.0 / 10.7
- Stock P/E 7.79
- Book Value ₹ 26.9
- Dividend Yield 0.00 %
- ROCE 9.52 %
- ROE 6.85 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.7% over last 3 years.
- Company has high debtors of 292 days.
- Working capital days have increased from 184 days to 352 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
Services Services Commercial Services & Supplies Consulting Services
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Sep 2023 6m | Mar 2024 9m | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 9.23 | 34.65 | 45.05 | 34.87 | |
| 5.30 | 24.70 | 39.83 | 29.52 | |
| Operating Profit | 3.93 | 9.95 | 5.22 | 5.35 |
| OPM % | 42.58% | 28.72% | 11.59% | 15.34% |
| 0.04 | 0.14 | 1.07 | 1.17 | |
| Interest | 0.09 | 0.30 | 0.62 | 0.56 |
| Depreciation | 0.20 | 0.89 | 1.66 | 1.75 |
| Profit before tax | 3.68 | 8.90 | 4.01 | 4.21 |
| Tax % | 27.99% | 25.73% | 26.68% | 25.42% |
| 2.65 | 6.62 | 2.93 | 3.14 | |
| EPS in Rs | 2.09 | 5.23 | 1.67 | 1.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Sep 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 12.66 | 12.66 | 17.60 | 17.60 |
| Reserves | 0.33 | 4.22 | 26.67 | 29.81 |
| 3.63 | 4.47 | 5.88 | 2.61 | |
| 11.46 | 12.25 | 14.17 | 11.75 | |
| Total Liabilities | 28.08 | 33.60 | 64.32 | 61.77 |
| 5.10 | 5.19 | 6.62 | 9.76 | |
| CWIP | 0.60 | 0.78 | 2.65 | 0.00 |
| Investments | 0.00 | 0.00 | 14.54 | 7.62 |
| 22.38 | 27.63 | 40.51 | 44.39 | |
| Total Assets | 28.08 | 33.60 | 64.32 | 61.77 |
Cash Flows
Figures in Rs. Crores
| Sep 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -0.07 | 0.33 | -20.59 | -6.77 | |
| -0.36 | -1.23 | -4.01 | 7.82 | |
| 0.44 | 1.39 | 24.33 | -1.14 | |
| Net Cash Flow | 0.01 | 0.49 | -0.27 | -0.09 |
| Free Cash Flow | -0.43 | -0.47 | -25.53 | -9.01 |
| CFO/OP | 18% | 12% | -394% | -104% |
Ratios
Figures in Rs. Crores
| Sep 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 525.55 | 176.13 | 203.04 | 291.83 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 525.55 | 176.13 | 203.04 | 291.83 |
| Working Capital Days | 187.44 | 77.53 | 121.37 | 352.33 |
| ROCE % | 12.90% | 9.52% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Days Receivable (Debtors Days) Days |
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| Total Employees Number |
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| Equipment Productivity Growth % |
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| New Indian States Entered Number |
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| On-time Project Delivery Ratio % |
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| Order Book Value Rs. Crore |
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| Peak On-site Workforce Number |
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Extracted by Screener AI
Documents
Announcements
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Awarding of order(s)/contract(s)
5 June 2026 - Received four consultancy LOAs from MPRRDA totaling Rs. 1.05 crore for bridge DPR works.
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Statement of deviation(s) or variation(s) under Reg. 32
30 May 2026 - No deviation in ₹2,761.92 lakh IPO proceeds as of March 31, 2026.
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Outcome of Board Meeting
30 May 2026 - Audited standalone results for H2/FY26; profit Rs313.89 lakh, unmodified audit opinion, IPO proceeds fully utilized with nil deviation.
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Updates
30 May 2026 - Board approved audited standalone FY26 results; profit was Rs 313.89 lakh; audit opinion unmodified.
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Structural Digital Database
20 May 2026 - Submitted SDD compliance certificate for FY ended March 31, 2026.
Business Overview:[1][2]
MIEL started as a partnership firm in the name of Manglam Associates.
Currently, it is a Bhopal-based SME that offers all kinds of advisory
and consultancy services related with infrastructure in areas of roads,
bridges and including project mgmt.. civil designing and engineering, and
construction management and technical consulting services for civil construction
works