Mangalam Cement

NSE: MANGLMCEMBSE: 502157
Compare with peers
₹ 888.80▼ 8.5 (−0.95%)28 Oct, 03:29 pm IST
Market cap
₹ 2,455 Cr.
P/E
18.7x
P/B
2.55x
52-week range
679.35 – 1,120
ROE
16%
ROCE
11%
Dividend yield
0.2%
Debt / equity
0.91
Sector
Cement & Cement Products
Industry
Cement & Cement Products
Listed on
NSE, BSE

About

Mangalam Cement Limited is an India-based company that is engaged in the manufacturing of cement. The Company's product types include Portland Pozzolana Cement (PPC), 43 Grade Cement, 53 Grade Cement and Mangalam ProMaxX. The Company is producing cement in 43 grades, 53 grades and Portland Pozzolana Cement (PPC) using the dry process and marketing under the brand name of Birla Uttam. Its brands include Birla Uttam Cement and Mangalam ProMaxX.

Quick check

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

Mangalam Cement 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)18.7 against a typical 30: cheaper than most peers (1st = cheapest).14th of 40
  • Sales growth+0.7% against a typical +9.4% from a year earlier.30th of 37
  • Profit growth−43.7% against a typical −31.3% from a year earlier.19th of 28
  • Share price, 3 months−5.8% against a typical −13.2%.10th of 39
  • Size₹ 2,455.4 Cr. market value against a typical ₹ 686.3 Cr. (1st = largest).12th of 32

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

Rated A+ by CARE
A+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARECARE A+Stable26 Mar 2026
Credit rating actions
RatingDetails
26 Mar 2026
Reaffirmed
CARE A+—CARE₹ 1,163.41 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
8 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
16 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
6 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
8 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
8 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
10 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change +13.57%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales428439437381359438503452395421490455
Expenses380382392351329395449377352376436402
Operating Profit485746303043547543455453
OPM %11%13%10%8%8%10%11%17%11%11%11%12%
Other Income8619321051311106−411
Interest181717161716191716151618
Depreciation181919191919212020202022
Profit before tax20272926413274916161324
Tax %41%41%41%35%10%40%37%34%−22%27%−400%24%
Net Profit1216171738173220116518
EPS in Rs4.295.86.286.21.192.846.1511.737.314.1323.726.57

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
8%
5 Years
6%
3 Years
−1%
TTM
1%
Compounded Profit Growth
10 Years
24%
5 Years
10%
3 Years
81%
TTM
116%
Stock Price CAGR
10 Years
11%
5 Years
16%
3 Years
43%
TTM
—
Return on Equity
10 Years
8%
5 Years
9%
3 Years
10%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
40.01%
+0.48 pts in a year
FIIs
5.53%
−0.34 pts in a year
DIIs
6.17%
−0.92 pts in a year
Public
48.3%
+0.78 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 18.7xEPS (12 months) ₹ 47.29Median P/E 14.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Mangalam Cement₹ 888.80₹ 2,455 Cr.18.7x2.6x16%—
UltraTech Cement₹ 11,066.00₹ 3,26,092 Cr.41.7x4.5x11.1%9.3%
Grasim Industries₹ 2,898.00₹ 1,95,975 Cr.40.8x2x4.9%5.9%
Ambuja Cements₹ 358.00₹ 88,956 Cr.21.9x1.8x8.3%13.8%
Shree Cement₹ 22,760.00₹ 82,120 Cr.55.2x4.1x7.8%8.4%
Dalmia Bharat₹ 1,591.65₹ 29,801 Cr.29.5x1.9x6.5%7.8%

Management

Yaswant Mishra
Chief Financial Officer, President - Corporate, Executive Director
Pawan Kumar Thakur
Compliance Officer, Company Secretary
Anshuman Vikram Jalan
Whole-time Director

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