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 ₹ 104
- Dividend Yield 0.65 %
- ROCE 13.9 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Promoter holding has increased by 3.87% over last quarter.
Cons
- Tax rate seems low
- Company has a low return on equity of 13.5% over last 3 years.
- Debtor days have increased from 44.0 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 302 | 522 | 644 | 818 | 1,061 | |
| 297 | 510 | 625 | 779 | 1,006 | |
| Operating Profit | 6 | 12 | 19 | 38 | 55 |
| OPM % | 2% | 2% | 3% | 5% | 5% |
| 0 | 10 | 6 | 4 | 7 | |
| Interest | 2 | 2 | 4 | 15 | 24 |
| Depreciation | 0 | 1 | 5 | 7 | 9 |
| Profit before tax | 4 | 19 | 16 | 20 | 30 |
| Tax % | 26% | 33% | -12% | -12% | -0% |
| 3 | 12 | 18 | 23 | 30 | |
| EPS in Rs | 833.33 | 6.88 | 7.03 | 8.91 | 12.03 |
| Dividend Payout % | 0% | 15% | 14% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 70% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.20 | 18 | 24 | 26 | 30 |
| Reserves | 13 | 27 | 111 | 154 | 226 |
| 17 | 47 | 85 | 103 | 192 | |
| 17 | 30 | 39 | 131 | 189 | |
| Total Liabilities | 47 | 123 | 259 | 414 | 636 |
| 2 | 51 | 92 | 103 | 95 | |
| CWIP | 0 | 0 | 0 | 2 | 0 |
| Investments | 5 | 4 | 3 | 3 | 35 |
| 40 | 68 | 164 | 306 | 506 | |
| Total Assets | 47 | 123 | 259 | 414 | 636 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 6 | 2 | -61 | -10 | -87 | |
| -1 | -40 | -38 | -21 | -7 | |
| -4 | 43 | 98 | 27 | 94 | |
| Net Cash Flow | 1 | 4 | -1 | -4 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 12 | 11 | 30 | 44 | 58 |
| Inventory Days | 42 | 31 | 46 | 84 | 123 |
| Days Payable | 27 | 16 | 9 | 28 | 49 |
| Cash Conversion Cycle | 27 | 26 | 67 | 100 | 131 |
| Working Capital Days | 26 | 25 | 68 | 77 | 109 |
| ROCE % | 17% | 10% | 14% | 14% |
Documents
Announcements
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Press Release
1 May 2025 - Mangalam reports 46% FY25 profit growth, new subsidiary, 1200 KWp solar plant, and stable credit ratings.
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Copy of Newspaper Publication
1 May 2025 - Mangalam Worldwide published audited financial results for quarter and year ended March 31, 2025.
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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
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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
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Change in Auditors
30 April 2025 - Appointed 3 senior management heads and auditors for FY 2025-26 at Mangalam Worldwide.
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.