Mangalam Global ENT Ltd
NSE: MGEL · Other Agricultural Products · sector
₹18.22NSE close 2026-10-26
Key numbers
Market cap₹600 cr
Price₹18.22
52w high / low₹18 / ₹10
P/E15.4xSector median 12.8x
P/B2.2xSector median 1.4x
Book value₹8.1
Dividend yield0.06%Sector median 0.79%
ROE15.7%Sector median 7.3%
ROCE15.3%Sector median 8.8%
OPM2.1%Sector median 6.5%
Debt / equity1.09xSector median 0.21x
EV/EBITDA10.7xSector median 11.2x
Interest cover2.4x
Current ratio1.37x
Sales growth 3y+33.4%Sector median +11.6%
Profit growth 3y+52.7%Sector median +5.8%
PEG0.37x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 69 companies in Other Agricultural Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹26 cr vs borrowings ₹215 cr (FY26): borrowings are higher by ₹189 cr.
- Operating profit covered interest 2.4x in the last 12 months.
- Promoter holding fell by 2.69 percentage points in a year, to 68.77% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 26% of net profit in the last 12 months.
- Debtor days went from 35 (FY24) to 53 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹18.22 on 2026-10-26: 0.0% from the 52-week high, +91.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹18.22 · low ₹9.78
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 502 | 537 | 859 | 706 | 756 | 1,064 | 952 | 983 |
| EBITDA | 10 | 8 | 13 | 22 | 13 | 24 | 19 | 23 |
| OPM % | 2.1% | 1.6% | 1.5% | 3.1% | 1.7% | 2.3% | 2.0% | 2.3% |
| Other income | 6 | 6 | 4 | 5 | 6 | 1 | 3 | 1 |
| Net profit | 6 | 5 | 6 | 18 | 9 | 12 | 8 | 9 |
| EPS (₹) | 0.19 | 0.16 | 0.20 | 0.54 | 0.26 | 0.38 | 0.26 | 0.28 |
| Revenue YoY | +50.6% | +98.2% | +10.9% | +39.2% | ||||
| Profit YoY | +34.6% | +140.5% | +31.1% | -48.0% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,277 | 1,425 | 1,839 | 2,281 | 3,384 | 3,755 |
| EBITDA | 13 | 28 | 37 | 42 | 72 | 78 |
| Net profit | 4 | 13 | 20 | 23 | 45 | 39 |
| EPS (₹) | 0.72 | 0.49 | 0.70 | 0.72 | 1.37 | 1.18 |
| Revenue growth | +11.6% | +29.0% | +24.1% | +48.3% | +44.2% | |
| Profit growth | +195.3% | +59.1% | +14.3% | +95.8% | +8.2% | |
| Dividend / share (₹) | 1.00 | 1.00 | 0.02 | 0.02 | 0.01 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +33.4% | +28.7% | +44.2% |
| Net profit | +52.7% | +51.8% | +8.2% |
| EPS | +40.9% | +8.1% | – |
| Share price | – | +14.3% (2y) | +9.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 114 | 139 | 196 | 248 |
| Borrowings | – | 238 | 201 | 171 | 215 |
| Cash & equivalents | – | 11 | 14 | 6 | 26 |
| Total assets | – | 439 | 420 | 493 | 805 |
| Fixed assets | – | 64 | 49 | 49 | 56 |
| Capital work in progress | – | 10 | 0 | 0 | 0 |
| Investments | – | 3 | 2 | 14 | 3 |
| Receivables | – | 210 | 174 | 241 | 487 |
| Inventory | – | 69 | 104 | 105 | 158 |
| Payables | – | 69 | 20 | 50 | 187 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -29 | -67 | 40 | -39 | 46 |
| Cash from investing | 34 | -41 | 2 | 4 | -2 |
| Cash from financing | -7 | 109 | -42 | 34 | -41 |
| Capex | 18 | 40 | 2 | 9 | 0 |
| Free cash flow | -47 | -108 | 38 | -48 | 46 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 11.1% | 14.6% | 11.8% | 18.2% |
| ROCE % | – | 8.5% | 14.1% | 16.7% | 18.5% |
| Debtor days | – | 54 | 35 | 38 | 53 |
| Inventory days | – | 19 | 21 | 17 | 18 |
| Payable days | – | 19 | 4 | 8 | 21 |
| Cash conversion cycle (days) | – | 54 | 52 | 47 | 50 |
| Working capital days | – | 12 | 20 | 21 | 22 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.77% |
| FIIs | 0.16% |
| DIIs | 5.17% |
| Public (non-institutions) | 25.91% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 72.01% | 72.01% | 71.16% | 71.46% | 71.46% | 72.38% | 72.38% | 68.77% |
| Promoter group | % |
|---|---|
| Chandragupt Prakash Mangal | 17.38% |
| Chanakya Prakash Mangal | 16.61% |
| Vipin Prakash Mangal | 12.66% |
| Rashmi Mangal | 9.22% |
| Specific Worldwide Llp | 6.31% |
| Mangalam Worldwide Limited | 6.25% |
| Honey Mangal | 0.35% |
| Tanisha Mangal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Veloce Aif- Veloce Opportunities Fund | 2.77% |
| Veloce Aif-Veloce Opportunities Fund Ii | 2.40% |
| Sarath Ch . | 1.46% |
| Regalia Stones Private Limited | 1.26% |
| Veloce Innovations Llp | 1.01% |
22,472 shareholders. Pledged: – of promoter shares.
Peers in Other Agricultural Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTFOODS | ₹13,272 cr | 20.7x | 2.9x | 15.3% | 18.8% | 10.7% | +26.3% | 0.79% |
| KRBL | ₹8,074 cr | 10.7x | 1.4x | 13.7% | 17.2% | 16.5% | +4.4% | 1.00% |
| GAEL | ₹6,471 cr | 15.6x | 2.0x | 13.2% | 15.5% | 9.9% | +5.3% | 0.18% |
| KSCL | ₹3,578 cr | 14.5x | 2.0x | 15.3% | 14.6% | 22.9% | +9.2% | 0.72% |
| TRUALT | ₹3,347 cr | 23.9x | 2.2x | 9.8% | 11.7% | 18.6% | – | – |
| AEROPLANE | ₹2,135 cr | 16.5x | 2.3x | 11.2% | 13.3% | 9.8% | – | – |
| GRMOVER | ₹1,861 cr | 19.1x | 3.1x | 14.9% | 13.2% | 5.5% | +8.7% | – |
| SANSTAR | ₹1,801 cr | 37.5x | 2.6x | 6.5% | 7.4% | 6.6% | – | – |
| TRUEGREEN | ₹1,437 cr | 11.8x | 9.0x | 39.0% | 17.5% | 19.0% | – | – |
| MGEL | ₹600 cr | 15.4x | 2.2x | 15.7% | 15.3% | 2.1% | +33.4% | 0.06% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Agri Products | ₹2,960 cr | 93.5% | ₹90 cr | 3.0% |
| Foreign Operation | ₹205 cr | 6.5% | ₹1 cr | 0.6% |
| Agri Retail & FMCG | ₹2 cr | 0.1% | ₹-4 cr | -178.3% |
| Inter Segment | ₹0 cr | – | ₹3 cr | – |
| Exceptional Items | ₹0 cr | – | ₹-11 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 0.01 Per Share |
| 2025-07-18 | Dividend | Dividend - Rs 0.01 Per Share |
| 2025-03-04 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2024-07-26 | Dividend | Dividend - Re 0.02 Per Share |
| 2024-05-24 | Rights | Rights 1:7 @ Premium Rs 18/- |
| 2023-08-08 | Dividend | Dividend - Re 0.02 Per Share |
| 2022-08-18 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2022-07-14 | Dividend | Dividend - Re 1 Per Share |
| 2021-09-16 | Dividend | Dividend - Re 1 Per Sh |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Other Agricultural Products |
| Sub-industry | Other Agricultural Products |
| Symbol | MGEL |
| BSE code | 544273 |
| ISIN | INE0APB01032 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.