Mangalam Global Enterprise

NSE: MGELBSE: 544273
Compare with peers
₹ 17.65▼ 0.55 (−3.02%)9 Nov, 03:29 pm IST
Market cap
₹ 593 Cr.
P/E
15.6x
P/B
2.38x
52-week range
9.53 – 19.35
ROE
15%
ROCE
17%
Dividend yield
0.1%
Debt / equity
0.87
Sector
Agricultural Food & other Products
Industry
Other Agricultural Products
Listed on
NSE, BSE

About

Mangalam Global Enterprise Limited is an India-based company. The Company is engaged in the activity of manufacturing/ dealing/ trading of edible/ non-edible oil/ seeds and its derivatives, cotton/cotton ginning, rice, wheat and other agro commodities, other merchandise, and agency service activity. Its manufacturing, trading and import of edible oil/ non-edible oil and agricultural products, such as soya oil, soya meal, soya de oiled cake, mustard oil, mustard meal, mustard de oiled cake, refined soyabean oil, refined vegetable oil, pungent mustard oil, refined castor oil first special grade (FSG), castor de- oiled cake and high protein castor de-oiled cake, cotton bales, cotton cake cattle feed, cotton wash oil, and processing of wheat and rice. The Company has also entered the business-to-customer (B2C) market by offering new products in edible oil, such as refined soyabean oil, refined vegetable oil and pungent mustard oil under the brand name LAGNAM.

Quick check

The five things to look at first. Open one for more.

Mangalam Global Enterprise against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)15.6 against a typical 14.1: pricier than most peers (1st = cheapest).46th of 89
  • Sales growth+39.2% against a typical +19.4% from a year earlier.22nd of 69
  • Profit growth−48% against a typical +5.7% from a year earlier.37th of 58
  • Share price, 3 months+22.6% against a typical −6.9%.11th of 80
  • Size₹ 593.2 Cr. market value against a typical ₹ 66.8 Cr. (1st = largest).14th of 87

Latest announcements

Exchange filings and their impact on the company.

  • 6 Nov 2026Outcome of Board MeetingMedium impactPositivePrice +1.6% that day
    Board approved 3cr promoter warrants (~9% dilution) to raise ~Rs51cr and strengthen balance sheet.

    On Nov 6, 2026, Mangalam Global Enterprise board approved issuing up to 3 crore convertible warrants to four promoters/promoter group members on a preferential basis, convertible into equity within 18 months at a SEBI-determined price. Shareholder approval via postal ballot is pending and the price is yet to be fixed. At the current ~Rs17 share price this implies about Rs51 crore inflow and ~9% dilution, signalling promoter support and balance-sheet strengthening.

    Filing
  • 19 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +0.2% on 21 Oct
    39% sales jump with higher core profit, but reported profit down on last year's one-off and debt up sharply.

    Mangalam Global reported Q2 FY27 consolidated sales of Rs 982.6 crore, up 39% from last year, and half-year sales of Rs 1934.6 crore, up 24%. Core profit before exceptional items rose 42% in Q2 to Rs 12.3 crore, but reported net profit fell to Rs 9.3 crore due to a large one-off gain last year. Borrowings rose sharply to Rs 291 crore to fund receivables and growth, while the new Agri Retail and FMCG business posted a Rs 5.3 crore half-year loss.

    Filing
  • 16 Oct 2026Committee Meeting UpdatesMedium impactNegativePrice +0.8% that day
    Approved up to Rs 150 cr NCDs, sharply raising leverage and interest burden.

    Mangalam Global Enterprise's Management Committee on October 16, 2026 approved issuance of senior, secured, rated, listed non-convertible debentures of up to Rs 150 crore on private placement basis in one or more tranches. The NCDs are proposed to be listed on NSE debt segment, with tenure, coupon and security to be decided later. If fully placed, the issue would add about 70% to existing borrowings and increase interest costs materially.

    Filing
  • 13 Oct 2026General UpdatesLow impactPositivePrice +2.2% that day
    Opened one small wellness store in Ahmedabad with negligible near-term financial impact.

    Mangalam Global Enterprise opened a new retail store under its NEAT EVERYDAY wellness brand on October 13, 2026 at Shilp Paradise, Bodakdev, Ahmedabad. The store will sell nutraceutical, wellness, beauty and personal care products, adding to its existing retail network. The move supports its nutraceutical and wellness expansion strategy but a single store is very small compared to its Rs 3,384 crore FY26 sales.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety, with caution

Rated A- by Acuite
A-
DefaultRiskyModerateSafeVery safe
  • Infomerics expects things to get worse (negative outlook).
  • The company stopped sharing information with Infomerics.
AgencyCurrent ratingOutlookAs of
AcuiteACUITE Provisional A-Stable6 Nov 2026
InfomericsIVR BBB / INCNegative29 Oct 2026
Credit rating actions
RatingDetails
6 Nov 2026
▲ Upgrade1 notch
ACUITE BBB+ → ACUITE Provisional A-MediumAcuite₹ 125 Cr.
29 Oct 2026
Rating action
IVR BBB / INCLowInfomerics₹ 248.45 Cr.
4 Aug 2026
New rating
ACUITE BBB+—Acuite₹ 279 Cr.

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
6 Nov 2026WarrantsBoard approved———

Board meetings

Results dates and other board meetings. Full calendar

Details
6 Nov 2026Fund Raising/Other business mattersMangalam Global Enterprise Limited has informed the Exchange that a meeting of the Board of Directors of the Company will be held on Friday, November 06, 2026, inter alia, to consider and approve the raising of funds by way of issue of equity shares/convertible warrants to Promoters /Promoter Group and persons other than Promoters/Promoter Group on a preferential basis.
19 Oct 2026Financial ResultsMangalam Global Enterprise Limited has informed the Exchange that a meeting of the Board of Directors of the Company will be held on Monday, October 19, 2026, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026 and other Business.
16 Oct 2026Fund Raising/Other business mattersMangalam Global Enterprise Limited has informed that the meeting of the Management Committee of the Board of Directors of the Company is scheduled to be held on Friday, 16 October 2026, inter alia, to consider and approve the issuance of Non-Convertible Debentures aggregating up to Rupees 150 Crores and other Business.
1 Aug 2026Financial ResultsTo consider and approve the Standalone and Consolidated Unaudited Financial Results for the period ended June 30, 2026, and other business
26 Jun 2026Other business mattersMangalam Global Enterprise Limited has informed to Exchanges that the meeting of the Board of Directors of the Company is scheduled on 26/06/2026, inter alia, to consider and approve Business Agenda and any other matters.
18 Apr 2026Financial ResultsTo consider and approve Audited Financial results for Quarter and Year Ended March 31, 2026 and to recommend the Dividend if any & Other business.

Share price

1Y change +27.44%
0 of 4 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales5325426805635025378597067561,064952983
Expenses5265276695484915298466947431,040934960
Operating Profit6161114118131113241823
OPM %1.1%2.9%1.6%2.6%2.2%1.5%1.5%1.6%1.7%2.3%1.9%2.3%
Other Income5352674166131
Interest66798687881010
Depreciation111111111111
Profit before tax313879881910171112
Tax %16.4%6.4%21.9%25.6%26.7%31.8%24.1%7.8%13.3%26.7%23%24.6%
Net Profit312666561891289
EPS in Rs0.090.360.180.170.190.160.20.540.260.380.260.28

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
29%
3 Years
33%
TTM
44%
Compounded Profit Growth
10 Years
—
5 Years
42%
3 Years
36%
TTM
47%
Stock Price CAGR
10 Years
—
5 Years
20%
3 Years
28%
TTM
—
Return on Equity
10 Years
—
5 Years
13%
3 Years
15%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
68.77%
−2.7 pts in a year
FIIs
0.16%
−0.56 pts in a year
DIIs
5.17%
+5.17 pts in a year
Public
25.91%
−1.92 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 15.6xEPS (12 months) ₹ 1.16Median P/E 19.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Mangalam Global Enterprise₹ 17.65₹ 593 Cr.15.6x2.4x15%—
Nestle India₹ 1,282.10₹ 2,47,229 Cr.80.6x53.5x76.3%15.1%
Britannia Industries₹ 4,785.00₹ 1,15,255 Cr.51.4x25.5x53.6%13.3%
Tata Consumer Products₹ 1,086.30₹ 1,07,510 Cr.67.5x5x7.4%8.1%
Godrej Industries₹ 955.85₹ 32,198 Cr.34.8x4x11.6%10.9%
Patanjali Foods₹ 411.50₹ 41,854 Cr.19x2.8x14.8%4.5%

Management

Vipin Prakash Mangal
Chairman of the Board
Ashutosh Mehta
Chief Financial Officer
Karansingh Imansingh Karki
Compliance Officer, Company Secretary
Chanakya Prakash Mangal
Managing Director
Reena Unmesh Wagh
Additional Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.