Mangalam Worldwide Ltd
Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]
- Market Cap ₹ 376 Cr.
- Current Price ₹ 153
- High / Low ₹ 184 / 126
- Stock P/E 13.6
- Book Value ₹ 101
- Dividend Yield 0.65 %
- ROCE 14.4 %
- ROE 13.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 82.0% CAGR over last 5 years
- Promoter holding has increased by 3.87% over last quarter.
Cons
- Tax rate seems low
- Company has a low return on equity of 13.6% over last 3 years.
- Debtor days have increased from 43.8 to 57.5 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 31 | 35 | 327 | 302 | 522 | 644 | 818 | 1,061 | |
| 31 | 35 | 325 | 297 | 510 | 626 | 780 | 1,007 | |
| Operating Profit | 0 | 0 | 2 | 6 | 12 | 19 | 38 | 54 |
| OPM % | 0% | 0% | 1% | 2% | 2% | 3% | 5% | 5% |
| 0 | 0 | 1 | 0 | 10 | 6 | 4 | 7 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 4 | 15 | 24 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 5 | 6 | 8 |
| Profit before tax | 0 | 0 | 2 | 4 | 19 | 16 | 20 | 29 |
| Tax % | 50% | 29% | 26% | 26% | 33% | -7% | 1% | 0% |
| 0 | 0 | 1 | 3 | 12 | 17 | 20 | 29 | |
| EPS in Rs | 5.13 | 70.99 | 425.93 | 833.33 | 6.88 | 6.81 | 8.20 | 12.00 |
| Dividend Payout % | 4% | 2% | 0% | 0% | 15% | 15% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 27% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 70% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.20 | 0.20 | 0.20 | 18 | 24 | 26 | 30 |
| Reserves | 1 | 9 | 10 | 13 | 27 | 104 | 146 | 218 |
| 1 | 3 | 19 | 16 | 47 | 85 | 102 | 192 | |
| 4 | 0 | 30 | 17 | 30 | 35 | 129 | 187 | |
| Total Liabilities | 6 | 12 | 59 | 46 | 123 | 248 | 403 | 627 |
| 1 | 1 | 1 | 1 | 51 | 79 | 91 | 84 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Investments | 1 | 5 | 5 | 5 | 4 | 4 | 4 | 36 |
| 4 | 6 | 53 | 40 | 68 | 165 | 307 | 507 | |
| Total Assets | 6 | 12 | 59 | 46 | 123 | 248 | 403 | 627 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 0 | -5 | -15 | 6 | 2 | -61 | -11 | -87 | |
| -1 | -4 | 0 | 0 | -42 | -38 | -19 | -7 | |
| 1 | 9 | 15 | -5 | 44 | 98 | 27 | 94 | |
| Net Cash Flow | -0 | 0 | 0 | 1 | 4 | -1 | -4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12 | 43 | 13 | 12 | 11 | 30 | 44 | 58 |
| Inventory Days | 29 | 0 | 42 | 42 | 31 | 46 | 84 | 123 |
| Days Payable | 44 | 37 | 27 | 16 | 9 | 28 | 50 | |
| Cash Conversion Cycle | -2 | 43 | 18 | 27 | 26 | 67 | 100 | 131 |
| Working Capital Days | 0 | 57 | 25 | 26 | 25 | 69 | 77 | 109 |
| ROCE % | 6% | 15% | 20% | 18% | 10% | 14% | 14% |
Documents
Announcements
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 April 2025 - MANGALAM WORLDWIDE LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 April 2025 - MANGALAM WORLDWIDE LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Change in Auditors
30 April 2025 - Appointed 3 senior management heads and auditors for FY 2025-26 at Mangalam Worldwide.
-
Outcome of Board Meeting
30 April 2025 - Approved FY25 audited results; appointed senior management, internal and cost auditors; convertible warrants converted.
-
Disclosure under SEBI Takeover Regulations
29 April 2025 - Chanakya Prakash Mangal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
Business Overview:[1][2]
MWL is promoted by Ahmedabad based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified multi location, fully integrated Stainless Steel Mill where it does manufacturing and trading of steel products.