Mangalam Alloys
SMENSE: MAL
₹ 32.15▲ 0.15 (+0.47%)27 Oct, 12:30 pm IST
- Market cap
- ₹ 81 Cr.
- P/E
- 5.4x
- P/B
- 0.54x
- 52-week range
- 28.95 – 58
- ROE
- 10%
- ROCE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 1.87
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE SME
About
Mangalam Alloys Ltd. is an India-based stainless steel melting company. The Company has an integrated stainless steel/higher alloy steel melting and further processing unit that is up to bright bar fasteners. It manufactures SS Ingots, Round Bar, RCS, Bright bar, different sections like square, hex, angle, patti, and others, forging and making fasteners. The Company has 40,000 square meters of land with an installed capacity of approximately 25,000 tons per annum (TPA). The Company’s products include forging ingots, billets, RCS, black round bar, bright round bar, bright round forged bar, hexagonal/square bar, angle bars, flat bars, fasteners, and forgings.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Mangalam Alloys 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)5.4 against a typical 18.9: cheaper than most peers (1st = cheapest).11th of 146
- Sales growth+33.5% against a typical +13.1% from a year earlier.22nd of 117
- Profit growth−40% against a typical +26.2% from a year earlier.89th of 105
- Share price, 3 months−4.2% against a typical −4.5%.66th of 134
- Size₹ 81 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).82nd of 135
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Nov 2025 | Financial Results/Other business matters | Notice is hereby given pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 13th November, 2025 at 04.00 p.m. (IST) at the Registered Office of the Company, to inter alia transact the following business:The Agenda for the meeting is as under:1. To consider and approve Unaudited Standalone Financial Results of the Company for the half year ended September 30,2025;2. To consider and transit any other business, if any, which may be placed before the Board with the permission of the Chairman.Further, in accordance with the Company's Code of Conduct for Prevention of Insider Trading, the Company has intimated its directors, designated persons and their immediate relatives regarding the closure of the Trading Window for trading in the Company s equity shares from 01st October, 2025 till the expiry of 48 hours from the date the said financial results are made public.We request you to take note of the same and update record of the Company accordingly. |
| 30 May 2025 | Financial Results/Other business matters | Notice is hereby given pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 29th May, 2025 at 04.00 p.m. (IST) at the Registered Office of the Company, to inter alia transact the following business:The Agenda for the meeting is as under:1. To consider and approve Annual Audited Standalone Results of the Company for the half and year ended March 31, 2025 together with the Auditor's Report thereon by the Statutory Auditor of the Company as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015;2. To Consider the appointment of Cost Auditor of the Company for conducting the Cost Audit for the Financial Year 2025-2026;3. To consider and transit any other business, if any, which may be placed before the Board with permission of the chairman; |
| 14 Nov 2024 | Financial Results/Other business matters | 1. To consider and approve Unaudited Standalone Financial Results of the Company for the half year ended September 30, 2024; 2. To consider and transit any other business, if any, which may be placed before the Board with the permission of the Chairman. |
| 30 May 2024 | Financial Results/Other business matters | 1. To consider and approve Annual Audited Standalone Results of the Company for the half and year ended March 31, 2024 together with the Auditor's Report thereon by the Statutory Auditor of the Company as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015; 2. To Consider the appointment of Secretarial Auditor of the Company for conducting the Secretarial Audit for the Financial Year 2023-2024;3. To Consider the appointment of Internal Auditor of the Company for conducting the Internal Audit for the Financial Year 2023-2024;4. To consider and transit any other business, if any, which may be placed before the Board with the permission of the Chairman. |
| 9 Nov 2023 | Financial Results | To consider and approve the financial results for the period ended September 30, 2023 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 100 | 202 | 140 | 164 | 198 | 234 | 219 | 219 |
| Expenses | 89 | 182 | 120 | 152 | 184 | 195 | 191 | 192 |
| Operating Profit | 12 | 20 | 20 | 12 | 14 | 39 | 28 | 27 |
| OPM % | 12% | 10% | 14% | 7% | 7% | 17% | 13% | 12% |
| Other Income | 1 | 4 | 0 | 1 | 2 | 0 | 0 | 3 |
| Interest | 7 | 10 | 9 | 10 | 11 | 15 | 13 | 18 |
| Depreciation | 4 | 2 | 3 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 2 | 11 | 8 | 0 | 1 | 20 | 12 | 9 |
| Tax % | 0% | 25% | 28% | −1,576% | 0% | 38% | 0% | 67% |
| Net Profit | 2 | 8 | 6 | 5 | 1 | 12 | 12 | 3 |
| EPS in Rs | 0.91 | 4.55 | 2.43 | 2.21 | 0.38 | 5.03 | 4.76 | 1.18 |
Growth and returns
Compounded yearly rates over each period.
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 13%
- TTM
- 2%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- 33%
- 3 Years
- 34%
- TTM
- 11%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Return on Equity
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
P/E 5.4xEPS (12 months) ₹ 5.95Median P/E 9.4x
P/E (times)EPS (₹)
Peers
Listed companies in the same business.
| Mangalam Alloys | ₹ 32.15 | ₹ 81 Cr. | 5.4x | 0.5x | 10% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Uttamchand Chandanmal Mehta
- Whole-Time Chairman of the Board
- Megha Tushar Mehta
- Chief Financial Officer
- Sonam Pandey
- Compliance Officer, Company Secretary
- Tushar Uttamchand Mehta
- Managing Director, Executive Director
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