Mangalam Worldwide Ltd
NSE: MWLMetal
Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]
₹366
52W: ₹150 — ₹368
PE 21.7 · Book ₹98.1 · +273% vs bookMarket Cap₹1,086 Cr
Stock P/E21.7Price to Earnings
ROCE18.1%Return on Capital
ROE18.6%Return on Equity
Div. Yield0.06%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 79.3% CAGR over last 5 years
Weaknesses
- −Tax rate seems low
- −Working capital days have increased from 55.3 days to 77.8 days
Shareholding Pattern
Promoters66.5%
FIIs0.01%
DIIs0%
Public33.49%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 63.54% | 63.54% | 67.41%▲3.9 | 67.41% | 66.5%▼0.9 | 66.5% | 66.5% | 66.5% |
| FIIs | 0.06% | 0.01%▼0.0 | 0%▼0.0 | 0% | 0% | 0% | 0% | 0.01%▲0.0 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.36%▲0.4 | 0%▼0.4 |
| Public | 36.4% | 36.44%▲0.0 | 32.59%▼3.8 | 32.59% | 33.5%▲0.9 | 33.5% | 33.14%▼0.4 | 33.49%▲0.4 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 181 | 237 | 229 | 238 | 270 | 324 | 276 | 317 | 350 | 265 |
| Expenses | 170 | 226 | 218 | 225 | 255 | 309 | 260 | 297 | 324 | 237 |
| Operating Profit | 11 | 11 | 12 | 12 | 15 | 15 | 16 | 21 | 26 | 28 |
| OPM % | 6% | 5% | 5% | 5% | 6% | 5% | 6% | 6% | 7% | 10% |
| Net Profit | 6 | 7 | 6 | 7 | 8 | 8 | 10 | 11 | 14 | 15 |
| EPS ₹ | 2.47 | 2.78 | 2.3 | 2.66 | 2.71 | 2.86 | 3.4 | 3.55 | 4.72 | 5.18 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹1,208Cr, up 14% YoY. OPM at 7%.
Debt Position
Borrowings at ₹236Cr. Debt-to-equity ratio: 0.90x. Moderate leverage.
Capex Cycle
CWIP at ₹16Cr (20% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0.01% (+0.01pp change). Promoters hold 66.5%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 18% (Mar 2026). Working capital days: 78.
Valuation
PE 21.7x with 18.1% ROCE. Price is 273% above book value of ₹98.1. Dividend yield: 0.06%.
Recent Announcements
- Press Release 16 May 2026 - Board approved 1:10 stock split, subject to shareholder and regulatory approvals.
- Outcome of Board Meeting 15 May 2026 - Board approved 1:10 equity share split, MOA amendment and postal ballot on May 15, 2026.
- Stock split 15 May 2026 - Board approved 1:10 equity share split on May 15, 2026, pending shareholder and statutory approvals.
- Trading Window 11 May 2026 - Board to meet on May 15, 2026 to consider stock split and other business.
- General Updates 5 May 2026 - MWL shared Q4/FY26 investor presentation; FY26 PAT rose 69.79% to ₹50.14 crore.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse