Mangalam Worldwide
- Market cap
- ₹ 1,103 Cr.
- P/E
- 20.7x
- P/B
- 3.91x
- 52-week range
- 21.2 – 48
- ROE
- 18%
- ROCE
- 18%
- Dividend yield
- 0.1%
- Debt / equity
- 0.79
- Sector
- Metals & Minerals Trading
- Industry
- Trading - Metals
- Listed on
- NSE, BSE
About
Mangalam Worldwide Limited is an India-based company, which is engaged in manufacturing of steel products and dealing/trading of steel and other merchandise and consultancy service activities. It trades, imports, and exports steel products and other merchandise. It specializes in producing premium stainless steel products under its brands, Mangalam Saarloh and Mangalam Tubicore. The Company manufactures a range of stainless steel in austenitic, ferritic, martensitic and special grades of duplex and super duplex, high alloy and precipitation hardening steel. Its Mangalam Saarloh branded products include continuous cast billets, bright round bars, bright square bars, bright hexagonal bars, forged & proof machined round bars, forged quality ingots, round cornered squares (RCS) bars and hot rolled round bars. Its Mangalam Tubicore branded products include seamless pipes, seamless heat exchanger tubes & U tubes, hot finish mother hollow, and welded pipes.
Quick check
The five things to look at first. Open one for more.
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 Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A- | Stable | 11 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 11 Jun 2026 | Reaffirmed | ACUITE A- | — | Acuite | ₹ 351 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | Intimation of Board Meeting of Mangalam Worldwide Limited to be held on Thursday, October 15, 2026. |
| 24 Jul 2026 | Financial Results | To consider and approve the Standalone & Consolidated financial results for the period ended Jun 30, 2026. |
| 26 Jun 2026 | Other business matters | Mangalam Worldwide Ltd has informed to Exchange 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. |
| 15 May 2026 | Stock Split/Other business matters | We would like to inform you that the Meeting of Board of Directors of the Company will be held on Friday, May 15, 2026, to consider stock split of equity shares and other business matters. |
| 29 Apr 2026 | Dividend | Mangalam Worldwide Limited has informed the Exchange to recommend a final dividend on the Equity Shares of the Company for the financial year ended March 31, 2026 at their Board Meeting to be held on 29th April, 2026. |
| 24 Feb 2026 | Fund Raising | Meeting of the Board of Directors of the Company will be held on Tuesday, February 24, 2026, inter alia to consider and approve issuance of Non-Convertible Debentures on private placement basis, in one or more tranches and other business. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 181 | 237 | 229 | 238 | 270 | 324 | 276 | 317 | 350 | 265 | 316 | 360 |
| Expenses | 170 | 225 | 217 | 225 | 255 | 309 | 260 | 296 | 324 | 237 | 287 | 321 |
| Operating Profit | 11 | 12 | 12 | 13 | 15 | 15 | 16 | 21 | 26 | 28 | 29 | 40 |
| OPM % | 6% | 4.9% | 5% | 5% | 6% | 4.7% | 6% | 7% | 7% | 10% | 9% | 11% |
| Other Income | 0 | 2 | 1 | 2 | 2 | 2 | 4 | 1 | 0 | 2 | 1 | 1 |
| Interest | 4 | 4 | 5 | 5 | 7 | 7 | 7 | 9 | 10 | 10 | 14 | 18 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 5 |
| Profit before tax | 5 | 7 | 6 | 7 | 8 | 8 | 10 | 10 | 14 | 16 | 13 | 18 |
| Tax % | −16% | −58% | 5% | −2% | −1% | −2% | −3% | −2% | 1% | 6% | 6% | 22% |
| Net Profit | 6 | 12 | 6 | 7 | 8 | 8 | 10 | 11 | 14 | 15 | 12 | 14 |
| EPS in Rs | 0.25 | 0.41 | 0.23 | 0.27 | 0.27 | 0.29 | 0.34 | 0.35 | 0.47 | 0.52 | 0.4 | 0.46 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 32%
- 3 Years
- 23%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- 79%
- 3 Years
- 54%
- TTM
- 56%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 51%
- TTM
- —
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 15%
- 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.
| Mangalam Worldwide | ₹ 37.98 | ₹ 1,103 Cr. | 20.7x | 3.9x | 18% | — |
| 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
- Vipin Prakash Mangal
- Chairman of the Board
- Mohit Kailash Agrawal
- Chief Financial Officer, Whole Time Director
- Soham Bipinchandra Raval
- Compliance Officer, Company Secretary
- Chanakya Prakash Mangal
- Managing Director
- Chandragupt Prakash Mangal
- Managing Director
Prices are delayed and for information only. Nothing on this page is investment advice.