Mangalam Worldwide Ltd

Mangalam Worldwide Ltd

₹ 130 4.19%
28 Mar - close price
About

Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]

Key Points

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.

  • Market Cap 320 Cr.
  • Current Price 130
  • High / Low 160 / 104
  • Stock P/E 18.7
  • Book Value 59.9
  • Dividend Yield 0.77 %
  • ROCE 9.75 %
  • ROE 14.1 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 314% CAGR over last 5 years

Cons

  • Tax rate seems low
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 40.7 days to 70.7 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

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
189 334 281 364 400
186 326 276 351 385
Operating Profit 4 8 5 13 16
OPM % 2% 2% 2% 4% 4%
0 10 5 0 1
Interest 1 1 1 2 6
Depreciation 0 1 2 3 3
Profit before tax 3 16 7 9 8
Tax % 1% 39% 7% -10% 1%
3 10 6 10 8
EPS in Rs 2.22 5.35 2.53 3.90 3.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
31 35 327 302 522 644 764
31 35 325 297 510 626 736
Operating Profit 0 0 2 6 12 18 29
OPM % 0% 0% 1% 2% 2% 3% 4%
0 0 1 0 10 5 1
Interest 0 0 1 2 2 3 8
Depreciation 0 0 0 0 1 5 6
Profit before tax 0 0 2 4 19 15 16
Tax % 50% 29% 26% 26% 33% -3%
0 0 1 3 12 16 17
EPS in Rs 5.13 70.99 425.93 833.33 6.88 6.43 6.98
Dividend Payout % 4% 2% 0% 0% 15% 16%
Compounded Sales Growth
10 Years: %
5 Years: 83%
3 Years: 25%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: 314%
3 Years: 107%
TTM: 168%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 29%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 16%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 0 18 24 24
Reserves 1 9 10 13 27 103 122
Preference Capital 0 0 0 0 0 0
1 3 19 16 47 86 114
4 0 30 17 30 34 59
Total Liabilities 6 12 59 46 123 248 320
1 1 1 1 51 78 78
CWIP 0 0 0 0 0 0 4
Investments 1 5 5 5 4 4 5
4 6 53 40 68 166 234
Total Assets 6 12 59 46 123 248 320

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -5 -15 6 2 -70
-1 -4 0 0 -42 -25
1 9 15 -5 44 103
Net Cash Flow -0 0 0 1 4 7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 12 43 13 12 11 30
Inventory Days 29 0 42 42 31 47
Days Payable 44 37 27 16 9
Cash Conversion Cycle -2 43 18 27 26 67
Working Capital Days 0 57 25 26 25 71
ROCE % 6% 15% 20% 18% 10%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2022Mar 2023Apr 2023Sep 2023Dec 2023Mar 2024
63.97% 63.97% 63.97% 63.97% 63.97% 66.05%
0.00% 0.00% 0.00% 0.00% 0.06% 0.06%
36.03% 36.01% 36.01% 36.03% 35.96% 33.89%
No. of Shareholders 8457617617521,0301,242

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents