Mangalam Drugs and Organics Ltd
NSE: MANGALAM BSE: 532637Pharma
Incorporated in 1977, Mangalam Drugs & Organics Ltd manufactures Active Pharmaceutical Ingredients and Intermediates.[1]
₹29.2
52W: ₹22.7 — ₹95
PE 0 · Book ₹65.3 · -55% vs bookMarket Cap₹46.3 Cr
Stock P/E—Price to Earnings
ROCE14%Return on Capital
ROE34.8%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Stock is trading at 0.47 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -9.39% over past five years.
- −Promoter holding is low: 35.6%
- −Company has a low return on equity of -11.0% over last 3 years.
- −Contingent liabilities of Rs.34.6 Cr.
- −Debtor days have increased from 45.3 to 63.4 days.
- −Promoter holding has decreased over last 3 years: -14.7%
Shareholding Pattern
Promoters35.65%
FIIs0.32%
DIIs0%
Public64.03%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.31% | 50.3%▼0.0 | 50.3% | 50.3% | 50.3% | 50.3% | 35.64%▼14.7 | 35.65%▲0.0 |
| FIIs | 0.21% | 0.11%▼0.1 | 0.11% | 0.47%▲0.4 | 0.53%▲0.1 | 0.11%▼0.4 | 0.13%▲0.0 | 0.32%▲0.2 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 49.47% | 49.58%▲0.1 | 49.58% | 49.23%▼0.4 | 49.16%▼0.1 | 49.57%▲0.4 | 64.22%▲14.6 | 64.03%▼0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97 | 102 | 77 | 80 | 89 | 73 | 57 | 50 | 58 | 67 |
| Expenses | 90 | 91 | 68 | 71 | 80 | 63 | 62 | 52 | 60 | 73 |
| Operating Profit | 7 | 12 | 8 | 9 | 9 | 10 | -5 | -3 | -2 | -5 |
| OPM % | 7% | 11% | 11% | 11% | 10% | 14% | -8% | -6% | -3% | -8% |
| Net Profit | 0 | 4 | 3 | 3 | 1 | 0 | -14 | -7 | -10 | -13 |
| EPS ₹ | 0.32 | 2.24 | 1.69 | 1.7 | 0.88 | 0.09 | -8.67 | -4.58 | -6.18 | -8.25 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹232Cr, down 27% YoY. OPM at -6%.
Debt Position
Borrowings at ₹105Cr. Debt-to-equity ratio: 1.21x. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.32% (+0.22pp change). Promoters hold 35.65%.
Margin & Efficiency
ROCE declining from 16% (Mar 2015) to -14% (Mar 2026). Working capital days: -54.
Recent Announcements
- Defaults under Para A sub-paragraph 6 of Schedule III-Subsequent Disclosure 1d - Defaulted on Bank of Maharashtra and Bank of Baroda loans; overdue Rs 1,558.05 lakh as of 15 May 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d - Newspaper Publication for declaration of Annual Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026.
- Approval Of Audited Financial Results For The Quarter Ended 31St March, 2026 14 May - Board approved FY26 audited standalone and consolidated results; auditors gave unmodified opinions.
- Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th May, 2026 For Declaration Of Audited Financial Results(Standalone & Consolidated) Of The Company For The Quarter And Year Ended 31St ,March, 2026 14 May - Board approved audited standalone and consolidated results for year ended March 31, 2026.
- Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 14Th May, 2026 Inter-Alia To Approve Audited Financial Results(Standalone & Consolidated) Of The Company For The Period Ended 31St March, 2026 6 May - Board meeting on May 14, 2026 to approve audited Q4 and FY26 results; trading window closed from April 1.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse