About
Mangalam Worldwide Limited manufactures and sells stainless steel billets and ingots in India and internationally. The company offers stainless steel billets, flat bars, and round bars. It also provides bright bars, seamless tubes, pipes, and ERW pipes. In addition, the company is involved in the dealing and trading of steel and other merchandise. Further, it provides continuous cast billets; square bars; hexagonal bars; forged quality ingots; forged and proof machined round bars; RCS bars; hot rolled round bars; heat exchanger and U tubes; hydraulic and instrumentation tubes; welded pipes and tubes; and hot finish mother hollows. Its products are used in heat exchanger fabrication, oil and gas, automotive, chemical, food and beverage, nuclear and atomic energy, power generation, and pharmaceutical industries. Mangalam Worldwide Limited was founded in 1942 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap1,148 Cr
P/E22.10
Div Yield0.08 %
Book Value₹10.10
52w High₹43.90
52w Low₹18.30
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 316.00 | 265.00 | 350.00 | 317.00 | 276.00 | 324.00 | 270.00 | 238.00 | 229.00 | 237.00 | 181.00 | 199.00 | 201.00 |
| Expenses | 288.00 | 237.00 | 324.00 | 297.00 | 260.00 | 309.00 | 255.00 | 225.00 | 218.00 | 226.00 | 170.00 | 191.00 | 194.00 |
| Operating Profit | 29.00 | 28.00 | 26.00 | 21.00 | 16.00 | 15.00 | 15.00 | 12.00 | 12.00 | 11.00 | 11.00 | 9.00 | 7.00 |
| OPM % | 9.00 | 10.00 | 7.00 | 6.00 | 6.00 | 4.60 | 6.00 | 5.00 | 5.00 | 4.70 | 6.00 | 4.30 | 3.40 |
| Other Income | 1.00 | 2.00 | 0.00 | 1.00 | 4.00 | 2.00 | 2.00 | 2.00 | 1.00 | 2.00 | 0.00 | 1.00 | 1.00 |
| Depreciation | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Interest | 14.00 | 10.00 | 10.00 | 9.00 | 7.00 | 7.00 | 7.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 |
| Profit before tax | 12.00 | 16.00 | 14.00 | 10.00 | 10.00 | 8.00 | 8.00 | 7.00 | 6.00 | 7.00 | 5.00 | 4.00 | 4.00 |
| Tax % | 5.00 | 6.00 | 1.00 | -2.00 | -3.00 | -2.00 | -1.00 | -2.00 | 5.00 | 2.00 | -16.00 | 7.00 | 17.00 |
| Net Profit | 12.00 | 15.00 | 14.00 | 11.00 | 10.00 | 8.00 | 8.00 | 7.00 | 6.00 | 7.00 | 6.00 | 4.00 | 3.00 |
| EPS in Rs | 0.40 | 0.52 | 0.47 | 0.35 | 0.34 | 0.29 | 0.27 | 0.27 | 0.23 | 0.28 | 0.25 | 0.16 | 0.12 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,207.00 | 1,060.00 | 818.00 | 644.00 | 522.00 | 302.00 | 327.00 | 35.00 | 31.00 |
| Expenses | 1,117.00 | 1,006.00 | 780.00 | 626.00 | 510.00 | 297.00 | 325.00 | 35.00 | 31.00 |
| Operating Profit | 90.00 | 54.00 | 38.00 | 19.00 | 12.00 | 6.00 | 2.00 | 0.00 | 0.00 |
| OPM % | 7.00 | 5.00 | 4.60 | 2.90 | 2.20 | 1.90 | 0.60 | 0.10 | 0.10 |
| Other Income | 7.00 | 7.00 | 4.00 | 6.00 | 10.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Interest | 37.00 | 24.00 | 15.00 | 4.00 | 2.00 | 2.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 9.00 | 8.00 | 6.00 | 5.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 51.00 | 29.00 | 20.00 | 16.00 | 19.00 | 4.00 | 2.00 | 0.00 | 0.00 |
| Tax % | 1.00 | 0.00 | 1.00 | -7.00 | 33.00 | 26.00 | 26.00 | 29.00 | 50.00 |
| Net Profit | 50.00 | 29.00 | 20.00 | 17.00 | 12.00 | 3.00 | 1.00 | 0.00 | 0.00 |
| EPS in Rs | 1.69 | 0.99 | 0.77 | 0.68 | 0.69 | 90.00 | 46.00 | 7.67 | 0.50 |
| Dividend Payout % | 2.00 | 2.00 | 13.00 | 15.00 | 15.00 | 0.00 | 0.00 | 2.00 | 4.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30.00 | 30.00 | 26.00 | 24.00 | 18.00 | 0.20 | 0.20 | 0.20 | 0.02 |
| Reserves | 262.00 | 218.00 | 146.00 | 104.00 | 27.00 | 13.00 | 10.00 | 9.00 | 1.00 |
| Borrowings | 236.00 | 192.00 | 102.00 | 85.00 | 47.00 | 16.00 | 19.00 | 3.00 | 1.00 |
| Other Liabilities | 391.00 | 187.00 | 129.00 | 35.00 | 30.00 | 17.00 | 30.00 | 0.00 | 4.00 |
| Total Liabilities | 918.00 | 627.00 | 403.00 | 248.00 | 123.00 | 46.00 | 59.00 | 12.00 | 6.00 |
| Fixed Assets | 85.00 | 88.00 | 91.00 | 79.00 | 51.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| CWIP | 16.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 30.00 | 32.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 1.00 |
| Other Assets | 787.00 | 507.00 | 307.00 | 165.00 | 68.00 | 40.00 | 53.00 | 6.00 | 4.00 |
| Total Assets | 918.00 | 627.00 | 403.00 | 248.00 | 123.00 | 46.00 | 59.00 | 12.00 | 6.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 24.00 | -87.00 | -12.00 | -61.00 | 2.00 | 6.00 | -15.00 | -5.00 | 0.00 |
| Cash from Investing Activity | -25.00 | -7.00 | -19.00 | -38.00 | -42.00 | 0.00 | 0.00 | -4.00 | -1.00 |
| Cash from Financing Activity | 2.00 | 94.00 | 26.00 | 98.00 | 44.00 | -5.00 | 15.00 | 9.00 | 1.00 |
| Net Cash Flow | 1.00 | 0.00 | -4.00 | -1.00 | 4.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -2.00 | -91.00 | -23.00 | -97.00 | -50.00 | 6.00 | -15.00 | -5.00 | 0.00 |
| CFO/OP % | 26.00 | -160.00 | -30.00 | -334.00 | 14.00 | 111.00 | -692.00 | -10,240.00 | 650.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49.00 | 58.00 | 44.00 | 30.00 | 11.00 | 12.00 | 13.00 | 43.00 | 12.00 |
| Inventory Days | 179.00 | 123.00 | 84.00 | 46.00 | 31.00 | 42.00 | 42.00 | 0.00 | 29.00 |
| Days Payable | 44.00 | 50.00 | 28.00 | 9.00 | 16.00 | 27.00 | 37.00 | — | 44.00 |
| Cash Conversion Cycle | 184.00 | 131.00 | 100.00 | 67.00 | 26.00 | 27.00 | 18.00 | 43.00 | -2.00 |
| Working Capital Days | 78.00 | 48.00 | 40.00 | 31.00 | -8.00 | 7.00 | 25.00 | 57.00 | -11.00 |
| ROCE % | 18.00 | 14.00 | 14.00 | 10.00 | 18.00 | 20.00 | 15.00 | 6.00 | — |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Jul 2026 | 23 Jul 2026 | — | 0.03 | |
| Split | 10 Jul 2026 | 10 Jul 2026 | 10:1 | — |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update11 Jun from smera
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Rating update2 Mar from smera
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Rating update4 Feb from smera
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Rating update12 Jun 2025 from infomerics
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Rating update27 Jan 2025 from smera
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Rating update2 Jan 2025 from smera