Mangal Electrical Industries
- Market cap
- ₹ 660 Cr.
- P/E
- 14.6x
- P/B
- 1.2x
- 52-week range
- 206.26 – 483
- ROE
- 11%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.08
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Mangal Electrical Industries Limited is an India-based company. The Company is engaged in the business of processing transformer components, including transformer lamination, cold rolled grain oriented electrical steel (CRGO) slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. It also trades CRGO and CRNO coils, as well as amorphous ribbons. It also manufactures transformers and customized products in the power infrastructure industry. It manufactures transformers with capacities ranging from single-phase five kilovolt-ampere (KVA) to three-phase 10 megavolt-ampere (MVA) (medium power) units and also provide EPC services for setting up electrical sub-station, catering to the power infrastructure sector. The Company’s products include CRGO Wide Coil, CRGO Slit Coils, CRGO Cut Lamination, CRGO Core Assembly, CRGO Core Coil Assembly, Amorphous Core, Immersed Circuit Breaker, Wound Cores, and Toroidal Cores.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Mangal Electrical Industries 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)14.6 against a typical 25.4: cheaper than most peers (1st = cheapest).25th of 80
- Sales growth+40.3% against a typical +32% from a year earlier.28th of 69
- Profit growth+101.6% against a typical +15.9% from a year earlier.16th of 64
- Share price, 3 months−14.6% against a typical −11%.44th of 74
- Size₹ 660.3 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).33rd of 77
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated A- to BB+ by 2 agencies- Infomerics lowered its rating on 18 Sep 2026.
- Infomerics expects things to get worse (negative outlook).
- The agencies don't fully agree: CARE says A-, Infomerics says BB+.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BB+ | Negative | 18 Sep 2026 |
| CARE | CARE A- / CARE A2+ | Stable | 3 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 18 Sep 2026 | ▼ Downgrade | IVR BB+ | — | Infomerics | ₹ 164.98 Cr. | |
| 3 Sep 2026 | New rating | CARE A- / CARE A2+ | — | CARE | ₹ 133.12 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 29 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 13 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 28 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 8 Nov 2025 | Financial Results | To consider and approve the unaudited financial results of the Company for the quarter and half year ended September 30, 2025. |
| 16 Sep 2025 | Financial Results | To consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2025. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 133 | 149 | 153 | 90 | 154 | 156 | 179 | 126 |
| Expenses | 103 | 109 | 125 | 130 | 80 | 132 | 137 | 162 | 115 |
| Operating Profit | 11 | 24 | 24 | 23 | 10 | 22 | 19 | 18 | 11 |
| OPM % | 9.8% | 18.1% | 16.1% | 14.8% | 11.1% | 14.2% | 12.1% | 9.8% | 8.9% |
| Other Income | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 3 | 2 |
| Interest | 3 | 4 | 5 | 3 | 4 | 4 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Profit before tax | 7 | 19 | 18 | 19 | 5 | 18 | 18 | 17 | 10 |
| Tax % | 26.4% | 25.1% | 26% | 25.9% | 26.4% | 25.4% | 25.7% | 25.9% | 25.5% |
| Net Profit | 5 | 14 | 14 | 14 | 4 | 13 | 13 | 13 | 8 |
| EPS in Rs | 2.66 | 6.97 | 6.65 | 6.8 | 1.82 | 4.81 | 4.85 | 4.61 | 2.72 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 37%
- 3 Years
- 18%
- TTM
- 17%
- 10 Years
- —
- 5 Years
- 109%
- 3 Years
- 20%
- TTM
- 3%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 18%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Mangal Electrical Industries | ₹ 252.00 | ₹ 660 Cr. | 14.6x | 1.2x | 11% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Rahul Mangal
- Executive Chairman of the Board, Managing Director
- Pawan Mendiratta
- Chief Financial Officer
- Naresh Kumar Sharma
- Compliance Officer, Company Secretary
- Aniketa Mangal
- Executive Director
- Sumer Singh Punia
- Executive Director
- Ompal Sharma
- Executive Director
- Ashish Mangal
- Non-Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.