Mangalam Worldwide

NSE: MWLBSE: 544764
Compare with peers
₹ 37.98▼ 0.27 (−0.71%)28 Oct, 03:29 pm IST
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.

Compared with its industry

Trading - Metals: 12 companies →

Mangalam Worldwide 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)20.7 against a typical 20.7: in line than most peers (1st = cheapest).6th of 11
  • Sales growth+13.6% against a typical +39.2% from a year earlier.9th of 11
  • Profit growth+27.3% against a typical +43.8% from a year earlier.8th of 11
  • Share price, 3 months+6.4% against a typical +6.4%.6th of 11
  • Size₹ 1,103.3 Cr. market value against a typical ₹ 220.6 Cr. (1st = largest).3rd of 11

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
A-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
AcuiteACUITE A-Stable11 Jun 2026
Credit rating actions
RatingDetails
11 Jun 2026
Reaffirmed
ACUITE A-—Acuite₹ 351 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
15 Oct 2026Financial ResultsIntimation of Board Meeting of Mangalam Worldwide Limited to be held on Thursday, October 15, 2026.
24 Jul 2026Financial ResultsTo consider and approve the Standalone & Consolidated financial results for the period ended Jun 30, 2026.
26 Jun 2026Other business mattersMangalam 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 2026Stock Split/Other business mattersWe 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 2026DividendMangalam 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 2026Fund RaisingMeeting 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.

Share price

1Y change +61.14%
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
Sales181237229238270324276317350265316360
Expenses170225217225255309260296324237287321
Operating Profit111212131515162126282940
OPM %6%4.9%5%5%6%4.7%6%7%7%10%9%11%
Other Income021222410211
Interest4455777910101418
Depreciation222222233335
Profit before tax576788101014161318
Tax %−16%−58%5%−2%−1%−2%−3%−2%1%6%6%22%
Net Profit6126788101114151214
EPS in Rs0.250.410.230.270.270.290.340.350.470.520.40.46

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
32%
3 Years
23%
TTM
9%
Compounded Profit Growth
10 Years
—
5 Years
79%
3 Years
54%
TTM
56%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
51%
TTM
—
Return on Equity
10 Years
—
5 Years
15%
3 Years
15%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
66.5%
0 pts in a year
FIIs
0.26%
+0.26 pts in a year
DIIs
0%
0 pts in a year
Public
33.24%
−0.26 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 20.7xEPS (12 months) ₹ 1.86Median P/E 20.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Mangalam Worldwide₹ 37.98₹ 1,103 Cr.20.7x3.9x18%—
JSW Steel₹ 1,187.00₹ 2,90,275 Cr.41.6x3x—14.8%
Lloyds Metals And Energy₹ 1,780.40₹ 1,00,195 Cr.27.8x7.6x36.2%22.4%
Jindal Steel₹ 1,012.00₹ 1,04,634 Cr.25.9x2.1x6.9%6.3%
Jindal Stainless₹ 684.00₹ 56,394 Cr.18.8x3.1x17.5%7.4%
Welspun Corp₹ 2,402.00₹ 63,363 Cr.25.9x4.6x19.4%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.