5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Mangal Electrical Industries Ltd.

•
mangals.comBSE: 544492NSE: MEIL
Market Cap₹ 780 Cr.
Current Price
High / Low₹ 548 / 206
Stock P/E16.6
Book Value₹ 216
Price to Book0.98
Dividend Yield0.00 %
ROCE14.7 %
ROE11.5 %
Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Electrical Transformers, CRGO, Electrical Accessories & Other Related Items: 88.3% • EPC Contract Involving Electrical Items: 11.7%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence
72%
View full sector analysis →

PROS

  • Company has delivered good profit growth of 109.6% CAGR over last 5 years
  • Company is almost debt free
  • Company has a good return on equity (ROE) track record: 3 Years ROE 22.5%
  • Company has a healthy return on capital (ROCE) of 22.0%
  • Latest quarter profit grew 101.7% YoY, showing strong momentum
  • Company has delivered good sales growth of 36.8% CAGR over last 5 years

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Promoter holding has decreased over last 2 years: -24.7pp
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.85x)
  • Working capital days have increased from 72 to 282 days
  • Equity base is being diluted - shares outstanding up 90.6%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsCapital GoodsElectric Equipment
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.ABB7269.1051.56154038.320.543623.00930.0235588.701110.3130.1812.56
2.CGPOWER910.00114.69143365.960.14308.2815.523280.8113.9927.9412.11
3.SIEMENS3960.9043.07141055.770.45214.31-49.384713.708.4421.429.14
4.POWERINDIA31415.40121.72140025.860.03294.15123.522493.6974.4628.7314.58
5.GVT&D4545.00623.18116373.150.22362.9924.651836.1438.0475.5125.10
6.ENRIN3178.7576.08113201.810.13440.9067.832485.6039.2840.1923.56
7.WAAREEENER2627.5019.8075580.390.15891.8715.397931.7979.2237.9218.15
8.APARINDS17496.1562.0173260.470.344674.501677.9865910.601191.3131.8411.50
9.HAVELLS1114.8042.8469960.570.90289.71-16.646518.1919.4825.747.15
10.SUZLON44.1619.3160700.730.00305.22-5.893829.0922.8335.7915.55
11.SCHNEIDER1227.70159.7529354.800.0012.44-69.84651.364.7831.015.23
12.MEIL282.2516.61779.860.007.52101.66125.8340.3414.738.85
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
11413314915390154156179126
10310912513080132137162118
Operating Profit11242423102219188
OPM %9.81%18.05%16.12%14.76%11.12%14.15%12.08%9.84%6.59%
110001332
Interest345344222
Depreciation111111221
Profit before Tax7191819518181710
Tax %26.45%25.12%25.95%25.94%26.43%25.35%25.65%25.92%25.51%
Net Profit514141441313138
2.666.976.666.801.825.965.014.682.72

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
191199290208121218354449549580616
168177266194109197310407468511549
Operating Profit2322231412224443826867
OPM %11.89%11.13%8.09%6.81%10.29%10.02%12.54%9.48%14.90%11.79%10.83%
42141143279
Interest181512109121113151210
Depreciation33443344566
Profit before Tax6685183328645863
Tax %34.38%32.63%35.55%36.23%4.40%24.45%24.74%25.47%25.75%25.71%25.62%
Net Profit4453162521474347
EPS2.572.833.750.000.744.1912.0714.4523.0815.62—
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%—

COMPOUNDED SALES GROWTH

10 Years:
15%
5 Years:
37%
3 Years:
18%

COMPOUNDED PROFIT GROWTH

10 Years:
31%
5 Years:
110%
3 Years:
20%

STOCK PRICE CAGR

10 Years:
—
5 Years:
—
3 Years:
—
1 Year:
-47%

RETURN ON EQUITY

10 Years:
16%
5 Years:
23%
3 Years:
23%
Last Year:
11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

No bonus data found

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital14141414141414142028
1923283132397394142563
10599568310683978314344
Trade Payables34536751284020263743
131113841015262323
Total Liabilities185200179188185187220244365700
30373532303134403970
Capital Work in Progress1000000299
4662454464658283148192
000000088129204
Cash & Bank1068801517091
98949210491761032539134
Total Assets185200179188185187220244365700

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
342856-14-0373437-30-101
Cash from Investing-2-10-2-1-10-24-13-18-158
Cash from Financing-25-21-50179-33-34-1842264
5-420-11-26-75

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Mar 2020Mar 2021Mar 2022Mar 2023Aug 2025Sep 2025Dec 2025Mar 2026Jun 2026
99.5399.5399.5399.5374.1974.4474.7974.7974.79
0.000.000.000.004.122.392.032.191.28
0.000.000.000.007.066.686.194.434.30
Government0.000.000.000.000.000.000.000.000.00
0.470.470.470.4714.6416.4816.9918.5819.64

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-02
Credit Rating

2026-09-02 - Mangal Electrical Industries Limited has informed the Exchange about Credit Rating

2026-08-27
Shareholders meeting

2026-08-27 - Mangal Electrical Industries Limited has informed the Exchange regarding voting results of Annual General Meeting held on August 26, 2026

2026-08-27
Shareholders meeting

2026-08-27 - Mangal Electrical Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026

2026-08-26
Updates

2026-08-26 - Mangal Electrical Industries Limited has informed the Exchange regarding 'Disclosure Of Key Performance Indicators Under SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2018'.

2026-08-26
Shareholders meeting

2026-08-26 - Mangal Electrical Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026

2026-08-10
Copy of Newspaper Publication

2026-08-10 - Mangal Electrical Industries Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-07
Corrigendum

2026-08-07 - Mangal Electrical Industries Limited has informed the Exchange regarding Corrigendum to Correction in Annual Report - Board of Directors section (Page no. 18)

2026-08-07
Corrigendum

2026-08-07 - Mangal Electrical Industries Limited has informed the Exchange regarding Corrigendum to Notice of Annual General Meeting to be held on August 26, 2026 relating to Appointment of Secretarial Auditor

2026-08-06
Monitoring Agency Report

2026-08-06 - Monitoring Agency Report for the quarter ended June 30, 2026

News

Recent coverage and analyst commentary for MEIL

Loading news…

🤖

AI Stock Analyst

Mangal Electrical Industries Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login