Manglam Infra & Engineering Ltd
Incorporated in 2010, Manglam Infra and Engineering Ltd offers infrastructure development and engineering services[1]
- Market Cap ₹ 23.0 Cr.
- Current Price ₹ 13.1
- High / Low ₹ 23.5 / 10.7
- Stock P/E 7.34
- Book Value ₹ 26.9
- Dividend Yield 0.00 %
- ROCE 9.50 %
- ROE 6.85 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.49 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 157 days to 272 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 | 29.51 | |
| Operating Profit | 3.93 | 9.95 | 5.22 | 5.36 |
| OPM % | 42.58% | 28.72% | 11.59% | 15.37% |
| 0.04 | 0.14 | 1.07 | 1.17 | |
| Interest | 0.09 | 0.30 | 0.62 | 0.57 |
| 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: | -44% |
| 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 | 3.07 | |
| 11.46 | 12.25 | 14.17 | 11.29 | |
| 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% | -103% |
Ratios
| 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 | 272.47 |
| ROCE % | 12.90% | 9.50% |
Insights
In beta| Mar 2025 | |
|---|---|
| Equipment Productivity Growth % YoY |
|
| Number of Employees persons |
|
| On-Time Delivery Ratio % |
|
| Order Book INR Crore |
|
| Order Book - EPC Share % |
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| Peak On-Site Workforce persons |
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| Pre-Qualification Bid Threshold INR Crore |
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| Project Execution Value INR Crore |
Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closed from October 1, 2026 until 48 hours after H1 FY2026 results.
-
Awarding of order(s)/contract(s)
- Received LOA from MPRRDA for three bridge DPR consultancy works worth Rs 95.94 lakh, executable in 3 months.
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Updates
- 3rd AGM on 11 Sep 2026 approved all items; Ajay Verma and Yogendra Kumar Singh reappointed for 3 years.
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Appointment
- Shareholders approved AGM items, including reappointment of Ajay Verma and Yogendra Kumar Singh from December 1, 2026.
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Shareholders meeting
- Third AGM results on 11 Sep 2026: all four resolutions passed, including FY26 accounts adoption and two reappointments.
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