Mangalam Worldwide Ltd

AI

Mangalam Worldwide Ltd

₹ 39.1 0.33%
04 Nov - 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][3]
MWL is promoted by Ahmedabad-based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified, fully integrated stainless steel manufacturer—from scrap melting to finished seamless pipes and tubes.

  • Market Cap ₹ 1,165 Cr.
  • Current Price ₹ 39.1
  • High / Low ₹ 48.4 / 21.2
  • Stock P/E 21.2
  • Book Value ₹ 10.9
  • Dividend Yield 0.08 %
  • ROCE 18.2 %
  • ROE 18.6 %
  • Face Value ₹ 1.00

Pros

  • Company has delivered good profit growth of 79.3% CAGR over last 5 years

Cons

  • Tax rate seems low
  • Working capital days have increased from 55.3 days to 77.9 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
199 181 237 229 238 270 324 276 317 350 265 316 360
191 170 226 218 225 255 309 260 297 324 237 288 321
Operating Profit 9 11 11 12 12 15 15 16 21 26 28 29 39
OPM % 4.3% 6% 4.7% 5% 5% 6% 4.6% 6% 6% 7% 10% 9% 11%
1 0 2 1 2 2 2 4 1 0 2 1 1
Interest 4 4 4 5 5 7 7 7 9 10 10 14 18
Depreciation 2 2 2 2 2 2 2 2 2 2 2 3 4
Profit before tax 4 5 7 6 7 8 8 10 10 14 16 12 18
Tax % 7% -16% 2% 5% -2% -1% -2% -3% -2% 1% 6% 5% 22%
4 6 7 6 7 8 8 10 11 14 15 12 14
EPS in Rs 0.16 0.25 0.28 0.23 0.27 0.27 0.29 0.34 0.35 0.47 0.52 0.40 0.47
Raw PDF

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 Mar 2026 TTM
31 35 327 302 522 644 818 1,060 1,207 1,292
31 35 325 297 510 626 780 1,006 1,117 1,170
Operating Profit 0 0 2 6 12 19 38 54 90 121
OPM % 0.1% 0.1% 0.6% 1.9% 2.2% 2.9% 4.6% 5% 7% 9%
0 0 1 0 10 6 4 7 7 3
Interest 0 0 1 2 2 4 15 24 37 52
Depreciation 0 0 0 0 1 5 6 8 9 12
Profit before tax 0 0 2 4 19 16 20 29 51 61
Tax % 50% 29% 26% 26% 33% -7% 1% 0% 1%
0 0 1 3 12 17 20 29 50 55
EPS in Rs 0.01 0.15 0.90 1.76 0.69 0.68 0.77 0.99 1.69 1.86
Dividend Payout % 4% 2% 0% 0% 15% 15% 13% 2% 2%
Compounded Sales Growth
10 Years: %
5 Years: 32%
3 Years: 23%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 79%
3 Years: 56%
TTM: 56%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 48%
1 Year: 77%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 15%
Last Year: 19%

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 Mar 2026 Sep 2026
Equity Capital 0.02 0.20 0.20 0.20 18 24 26 30 30 30
Reserves 1 9 10 13 27 104 146 218 262 294
1 3 19 16 47 85 102 192 236 385
4 0 30 17 30 35 129 187 391 503
Total Liabilities 6 12 59 46 123 248 403 627 918 1,212
1 1 1 1 51 79 91 88 85 146
CWIP 0 0 0 0 0 0 2 0 16 6
Investments 1 5 5 5 4 4 4 32 30 49
4 6 53 40 68 165 307 507 787 1,010
Total Assets 6 12 59 46 123 248 403 627 918 1,212

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 Mar 2026
0 -5 -15 6 2 -61 -12 -87 24
-1 -4 0 0 -42 -38 -19 -7 -25
1 9 15 -5 44 98 26 94 2
Net Cash Flow -0 0 0 1 4 -1 -4 0 1
Free Cash Flow 0 -5 -15 6 -50 -97 -23 -91 -2
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 650% -10,240% -692% 111% 14% -334% -30% -160% 26%

Ratios

Standalone / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 12 43 13 12 11 30 44 58 49
Inventory Days 29 0 42 42 31 46 84 123 179
Days Payable 44 37 27 16 9 28 50 44
Cash Conversion Cycle -2 43 18 27 26 67 100 131 184
Working Capital Days -11 57 25 7 -8 31 40 48 78
ROCE % 6% 15% 20% 18% 10% 14% 14% 18%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Changodar Rolling Mill Installed Capacity
MT per annum

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Halol Melting Shop Installed Capacity
MT per annum
Kapadvanj Bright Bar Installed Capacity
MT per annum
Kapadvanj Seamless Pipes & Tubes Installed Capacity
MT per annum
Number of Manufacturing Units
count
Permanent Employees
count
Export Revenue Share
% of net sales
Number of Export Countries
count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
63.97% 66.05% 63.54% 63.54% 67.41% 67.41% 66.50% 66.50% 66.50% 66.50% 66.50% 66.50%
0.06% 0.06% 0.06% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.26% 0.05%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.36% 0.00% 0.00% 0.00%
35.96% 33.89% 36.40% 36.44% 32.59% 32.59% 33.50% 33.50% 33.14% 33.49% 33.24% 33.46%
No. of Shareholders 1,0301,2301,3301,2611,1451,1271,0961,1851,7541,6832,82410,116

* 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.

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Documents

Annual reports

Concalls