Mangalam Seeds Ltd.

•

mangalamseeds.comBSE: -NSE: MSL

Market Cap₹ 163 Cr.

Current Price

High / Low₹ 160 / 134

Stock P/E19.0

Book Value₹ 84

Price to Book2.25

Dividend Yield0.00 %

ROCE12.1 %

ROE13.5 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Fast Moving Consumer Goods

Hold

Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.

Confidence

62%

View full sector analysis →

PROS

Company has delivered good profit growth of 22.9% CAGR over last 5 years
Company has delivered good sales growth of 21.0% CAGR over last 5 years
Attractively priced for its growth - PEG of 0.7

CONS

Recent results are weak - TTM profit is down 40.4% versus prior year
Receivables are growing faster than sales - a possible quality concern
Operating cash flow has been negative in recent years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.14x)
Inventory has been piling up - inventory days up from 105 to 179

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

Peer comparison

Fast Moving Consumer GoodsAgriAgriculture

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	KSCL	724.25	14.93	3725.47	0.00	279.84	-14.47	742.50	-13.51	21.77	39.58
2.	VENKEYS	1694.15	347.39	2386.61	0.59	49.99	215.79	1118.38	29.17	11.27	6.18
3.	AVTNPL	92.21	16.76	1404.21	0.87	31.10	156.69	241.22	82.16	14.26	16.56
4.	BSHSL	91.28	33.38	957.87	0.00	14.30	16.56	182.57	19.37	21.19	9.39
5.	REGAAL	85.56	14.73	881.22	0.29	13.33	46.95	202.15	-18.02	16.91	15.33
6.	MGEL	15.78	11.01	520.04	0.06	84.26	1210.01	9520.65	1008.93	19.37	1.94
7.	NATHBIOGEN	151.67	7.87	288.23	1.32	32.26	-13.46	328.40	15.76	6.89	10.70
8.	MSL	148.50	19.61	163.06	0.00	3.97	1.93	61.84	25.81	12.34	9.28
9.	INDOUS	80.49	31.88	161.40	0.00	3.04	-35.38	32.99	7.21	21.15	12.01
10.	OSWALSEEDS	13.08	9.79	119.64	0.00	12.27	68.60	117.08	19.53	9.88	15.65
11.	NARMADA	14.51	30.64	110.09	0.00	7.54	—	222.63	—	8.94	4.25
12.	AGRITECH	99.00	0.00	58.81	0.00	-3.61	61.18	0.00	—	-0.94	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	23	16	48	13	30	20	25	19	47	16	26	12	59
	19	11	41	10	24	17	22	13	41	12	24	9	54
Operating Profit	4	5	7	3	5	3	3	6	6	4	3	3	4
OPM %	19.47%	29.25%	15.04%	25.95%	17.79%	16.34%	10.75%	29.73%	12.13%	25.14%	10.85%	23.14%	7.51%
	0	0	0	0	0	0	0	-0	0	0	0	0	0
Interest	1	0	1	1	1	1	1	1	1	1	1	1	1
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before Tax	4	4	6	2	4	2	2	4	4	3	2	2	4
Tax %	25.68%	23.27%	14.92%	-1.35%	10.63%	20.30%	14.69%	24.49%	13.61%	28.40%	21.76%	20.83%	8.76%
Net Profit	3	3	5	2	4	2	2	3	4	2	1	1	4
	2.50	2.73	4.73	2.05	3.37	1.43	1.37	3.03	3.47	1.67	1.32	1.10	3.72

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	24	30	30	32	36	41	40	65	100	94	113
	21	26	26	27	31	32	32	49	80	77	99
Operating Profit	3	4	5	5	5	9	8	16	20	17	14
OPM %	12.37%	14.25%	15.69%	14.69%	14.59%	21.79%	20.44%	24.31%	19.76%	18.01%	12.40%
	0	0	0	0	0	0	0	0	0	0	0
Interest	0	1	1	1	1	1	1	1	3	4	3
Depreciation	0	0	1	0	0	1	1	1	1	1	2
Profit before Tax	2	3	4	4	4	7	6	13	16	12	10
Tax %	4.74%	7.74%	8.85%	7.73%	8.99%	14.33%	16.27%	17.00%	17.18%	17.70%	17.67%
Net Profit	2	3	3	3	4	6	5	11	13	10	9
EPS	5.62	5.98	3.04	3.07	3.29	5.60	4.67	10.09	12.01	9.20	—
Dividend Payout %	19.78%	17.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 20%
5 Years:: 21%
3 Years:: 33%

COMPOUNDED PROFIT GROWTH

10 Years:: 24%
5 Years:: 23%
3 Years:: 25%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: 16%
5 Years:: 17%
3 Years:: 19%
Last Year:: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	4	5	11	11	11	11	11	11	11	11
	8	18	16	19	23	29	34	46	59	69
	5	4	5	6	8	9	16	14	50	59
Trade Payables	0	1	1	0	2	1	1	0	1	1
	1	1	1	2	5	4	5	6	7	14
Total Liabilities	19	30	35	38	48	54	67	76	129	154
	3	3	11	15	23	23	25	25	49	49
Capital Work in Progress	0	0	0	0	2	5	6	7	9	18
	0	0	0	0	0	0	0	0	2	2
	6	7	9	11	10	10	18	21	37	56
	0	0	0	0	0	0	0	0	16	21
Cash & Bank	1	2	0	0	0	0	3	4	7	2
	8	18	14	12	13	15	14	20	8	7
Total Assets	19	30	35	38	48	54	67	76	129	154

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-3	-4	5	4	8	8	1	8	-1	-0
Cash from Investing	-4	-2	-7	-3	-9	-7	-4	-2	-30	-9
Cash from Financing	8	7	0	-0	1	-0	7	-3	34	4
	1	1	-2	0	-0	0	2	1	3	-5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.84	74.84	74.35	74.36	74.36	74.36	74.36	74.36	73.24
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	25.16	25.16	25.65	25.64	25.64	25.64	25.64	25.64	26.76

Documents

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

No announcements filed.

News

Recent coverage and analyst commentary for MSL

Loading news…

🤖

AI Stock Analyst

Mangalam Seeds Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

KSCL

724.25

14.93

3725.47

0.00

279.84

-14.47

742.50

-13.51

21.77

39.58

VENKEYS

1694.15

347.39

2386.61

0.59

49.99

215.79

1118.38

29.17

11.27

6.18

AVTNPL

92.21

16.76

1404.21

0.87

31.10

156.69

241.22

82.16

14.26

16.56

BSHSL

91.28

33.38

957.87

0.00

14.30

16.56

182.57

19.37

21.19

9.39

REGAAL

85.56

14.73

881.22

0.29

13.33

46.95

202.15

-18.02

16.91

15.33

MGEL

15.78

11.01

520.04

0.06

84.26

1210.01

9520.65

1008.93

19.37

1.94

NATHBIOGEN

151.67

7.87

288.23

1.32

32.26

-13.46

328.40

15.76

6.89

10.70

MSL

148.50

19.61

163.06

0.00

3.97

1.93

61.84

25.81

12.34

9.28

INDOUS

80.49

31.88

161.40

0.00

3.04

-35.38

32.99

7.21

21.15

12.01

OSWALSEEDS

13.08

9.79

119.64

0.00

12.27

68.60

117.08

19.53

9.88

15.65

NARMADA

14.51

30.64

110.09

0.00

7.54

—

222.63

—

8.94

4.25

AGRITECH

99.00

0.00

58.81

0.00

-3.61

61.18

0.00

—

-0.94

—

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

Operating Profit

OPM %

19.47%

29.25%

15.04%

25.95%

17.79%

16.34%

10.75%

29.73%

12.13%

25.14%

10.85%

23.14%

7.51%

-0

Interest

Depreciation

Profit before Tax

Tax %

25.68%

23.27%

14.92%

-1.35%

10.63%

20.30%

14.69%

24.49%

13.61%

28.40%

21.76%

20.83%

8.76%

Net Profit

2.50

2.73

4.73

2.05

3.37

1.43

1.37

3.03

3.47

1.67

1.32

1.10

3.72

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

100

113

Operating Profit

OPM %

12.37%

14.25%

15.69%

14.69%

14.59%

21.79%

20.44%

24.31%

19.76%

18.01%

12.40%

Interest

Depreciation

Profit before Tax

Tax %

4.74%

7.74%

8.85%

7.73%

8.99%

14.33%

16.27%

17.00%

17.18%

17.70%

17.67%

Net Profit

EPS

5.62

5.98

3.04

3.07

3.29

5.60

4.67

10.09

12.01

9.20

—

Dividend Payout %

19.78%

17.58%

0.00%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

Trade Payables

Total Liabilities

129

154

Capital Work in Progress

Cash & Bank

Total Assets

129

154

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-3

-4

-1

-0

Cash from Investing

-4

-2

-7

-3

-9

-7

-4

-2

-30

-9

Cash from Financing

-0

-3

-2

-0

-5

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

74.84

74.35

74.36

73.24

FIIs

0.00

DIIs

0.00

Government

0.00

25.16

25.65

25.64

26.76

Mangalam Seeds Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Mangalam Seeds Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI