Mangalam Worldwide Ltd
NSE: MWL · Iron & Steel Products · sector
₹36.58NSE close 2026-10-26
Key numbers
Market cap₹1,086 cr
Price₹36.58
52w high / low₹48 / ₹21
P/E19.7xSector median 15.5x
P/B3.4xSector median 1.7x
Book value₹10.9
Dividend yield0.05%Sector median 0.60%
ROE18.6%Sector median 11.1%
ROCE16.8%Sector median 11.9%
OPM9.4%Sector median 6.7%
Debt / equity1.07xSector median 0.21x
EV/EBITDA11.7xSector median 11.8x
Interest cover2.2x
Current ratio1.50x
Sales growth 3y–Sector median +2.1%
Profit growth 3y–Sector median +13.0%
PEG–
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹7 cr vs borrowings ₹233 cr (FY26): borrowings are higher by ₹226 cr.
- Operating profit covered interest 2.2x in the last 12 months.
- 22.85% of the promoters' shares are pledged (15.2% of all shares).
- Other income was 6% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹36.58 on 2026-10-26: -23.8% from the 52-week high, +72.5% 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 ₹43.86 · low ₹35.70
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 594 | 276 | 317 | 350 | 265 | 316 | 360 |
| EBITDA | 32 | 16 | 21 | 26 | 27 | 29 | 39 |
| OPM % | 5.3% | 5.7% | 6.5% | 7.4% | 10.4% | 9.0% | 10.9% |
| Other income | 2 | 4 | 1 | 0 | 2 | 1 | 1 |
| Net profit | 17 | 10 | 11 | 14 | 15 | 12 | 14 |
| EPS (₹) | 0.56 | 0.34 | 0.35 | 0.47 | 0.52 | 0.40 | 0.47 |
| Revenue YoY | -55.4% | +14.7% | +13.7% | ||||
| Profit YoY | -6.9% | +16.3% | +31.3% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 1,061 | 1,208 | 1,292 |
| EBITDA | 56 | 90 | 121 |
| Net profit | 29 | 50 | 55 |
| EPS (₹) | 1.06 | 1.69 | 1.86 |
| Revenue growth | +13.9% | – | |
| Profit growth | +70.2% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | +48.5% (2y) | +58.9% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 248 | 291 |
| Borrowings | 191 | 233 |
| Cash & equivalents | 6 | 7 |
| Total assets | 627 | 918 |
| Fixed assets | 84 | 78 |
| Capital work in progress | 0 | 16 |
| Investments | 36 | 34 |
| Receivables | 167 | 162 |
| Inventory | 282 | 459 |
| Payables | 114 | 113 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -87 | 24 |
| Cash from investing | -7 | -26 |
| Cash from financing | 94 | 2 |
| Capex | 0 | 26 |
| Free cash flow | -87 | -2 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 11.9% | 17.2% |
| ROCE % | 12.1% | 16.7% |
| Debtor days | 58 | 49 |
| Inventory days | 123 | 179 |
| Payable days | 50 | 44 |
| Cash conversion cycle (days) | 131 | 184 |
| Working capital days | 50 | 80 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 66.50% |
| FIIs | 0.05% |
| Public (non-institutions) | 33.45% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.41% | 67.41% | 66.50% | 66.50% | 66.50% | 66.50% | 66.50% | 66.50% |
| Promoter group | % |
|---|---|
| Chandragupt Prakash Mangal | 20.63% |
| Vipin Prakash Mangal | 20.35% |
| Chanakya Prakash Mangal | 14.90% |
| Rashmi Mangal | 8.79% |
| Honey Mangal | 1.84% |
| Tanisha Mangal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Kiran Jain | 1.90% |
| Sunrise Gilts & Securities Private Limited | 1.81% |
| Asha Garg | 1.33% |
| Naresh Naratmal Garg | 1.33% |
| Moneymart Securities Pvt Ltd | 1.01% |
10,116 shareholders. Pledged: 22.85% of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| MWL | ₹1,086 cr | 19.7x | 3.4x | 18.6% | 16.8% | 9.4% | – | 0.05% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-23 | Dividend | Dividend - Re 0.03 Per Share |
| 2026-07-10 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | MWL |
| BSE code | 544764 |
| ISIN | INE0JYY01029 |
| 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.