Mangalam Worldwide Ltd.

•

mangalamworldwide.comBSE: 544764NSE: MWL

Market Cap₹ 1,199 Cr.

Current Price

High / Low₹ 44 / 20

Stock P/E23.2

Book Value₹ 10

Price to Book2.59

Dividend Yield0.07 %

ROCE18.3 %

ROE18.6 %

Face Value₹ 1

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Metals & Mining

Hold

The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.

Confidence

61%

View full sector analysis →

PROS

Company has delivered good profit growth of 80.0% CAGR over last 5 years
Promoters have been increasing their shareholding - up 3.0pp over 2 years
Company has delivered good sales growth of 32.0% CAGR over last 5 years
Operating margins have improved to 7.5% from 3.2%
Attractively priced for its growth - PEG of 0.5

CONS

Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.75x)
Operating cash flow has been negative in recent years
Free cash flow has been persistently negative
Effective tax rate is unusually low at 1.4% - earnings may be flattered
Equity base is being diluted - shares outstanding up 21.2%

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

Peer comparison

Metals & MiningIron & SteelSteel & Iron Products

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

S.No.	Name
1.	JSWSTEEL	1267.50	12.51	309961.29	0.56	4696.00	112.58	47364.00	11.55	20.67	19.60
2.	TATASTEEL	182.85	20.69	228259.99	2.19	2385.24	18.82	60794.29	15.26	12.70	15.40
3.	SAIL	179.00	17.31	73936.40	1.31	1644.05	120.80	26245.67	1.25	7.08	15.92
4.	WELCORP	2676.25	30.57	70596.97	0.19	1047.88	200.11	4081.12	14.91	23.94	32.17
5.	JSL	755.20	19.16	62260.17	0.53	768.66	7.56	11278.54	10.50	19.19	12.09
6.	APLAPOLLO	2153.00	48.64	59779.85	0.39	263.11	10.94	5606.71	12.07	31.83	7.34
7.	SHYAMMETL	1074.35	26.70	29988.53	0.42	350.73	20.66	5455.09	23.45	13.88	14.03
8.	JINDALSAW	311.85	30.52	19943.06	0.64	90.79	-78.15	4452.31	9.00	10.38	8.79
9.	RATNAMANI	2808.15	45.47	19682.88	0.36	107.03	-15.82	971.63	-15.63	18.01	16.69
10.	SARDAEN	524.75	16.37	18491.21	0.38	478.13	9.50	1608.04	-1.07	17.76	41.59
11.	GPIL	244.50	20.41	16460.69	0.41	222.37	2.75	1750.47	32.29	20.20	19.36
12.	MWL	40.36	23.10	1198.72	0.07	12.02	18.71	316.22	14.68	17.97	9.20

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
	201	199	181	237	229	238	270	324	276	317	350	265	316
	194	191	170	226	218	225	255	309	260	297	324	237	304
Operating Profit	7	9	11	11	12	12	15	15	16	21	26	27	12
OPM %	3.44%	4.29%	5.90%	4.66%	5.05%	5.20%	5.53%	4.60%	5.73%	6.49%	7.42%	10.38%	3.71%
	1	1	0	2	1	2	2	2	4	1	0	2	1
Interest	3	4	4	4	5	5	7	7	7	9	10	10	14
Depreciation	1	2	2	2	2	2	2	2	2	2	2	2	3
Profit before Tax	4	4	5	7	6	7	8	8	10	10	14	16	12
Tax %	16.76%	7.06%	-15.62%	2.03%	4.77%	-1.77%	-0.50%	-1.56%	-2.75%	-2.13%	1.27%	6.11%	4.98%
Net Profit	3	4	6	7	6	7	8	8	10	11	14	15	12
	1.22	1.56	2.47	2.96	2.30	2.66	2.71	2.86	3.40	3.55	4.72	5.18	3.96

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	35	327	302	523	644	818	1,061	1,208	1,248
	35	325	297	533	626	781	1,007	1,118	1,163
Operating Profit	0	2	4	-10	18	37	54	90	86
OPM %	0.13%	0.66%	1.47%	-2.00%	2.85%	4.58%	5.09%	7.47%	6.87%
	0	1	1	32	6	4	7	7	4
Interest	0	1	2	2	4	15	24	37	43
Depreciation	0	0	0	1	5	6	8	9	10
Profit before Tax	0	2	4	19	16	20	29	51	53
Tax %	25.75%	25.42%	25.71%	33.32%	-7.26%	1.09%	0.01%	1.37%	2.96%
Net Profit	0	1	3	12	17	20	29	50	52
EPS	77.60	73.15	131.70	9.26	7.33	7.73	9.90	16.85	—
Dividend Payout %	6.24%	1.09%	0.15%	0.00%	14.68%	12.93%	2.02%	1.78%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 32%
3 Years:: 23%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 80%
3 Years:: 44%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 49%
1 Year:: 87%

RETURN ON EQUITY

10 Years:: —
5 Years:: 22%
3 Years:: 16%
Last Year:: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0	0	0	18	25	26	30	30
	9	10	13	27	104	136	218	262
	3	19	16	47	85	99	188	228
Trade Payables	0	29	16	18	12	48	114	113
	0	0	1	12	22	94	77	286
Total Liabilities	12	59	46	123	248	403	627	918
	0	0	0	50	78	87	84	81
Capital Work in Progress	0	0	0	0	0	2	0	16
	6	6	6	5	5	7	36	34
	0	33	25	35	65	146	282	459
	0	0	0	0	0	99	167	162
Cash & Bank	0	0	1	5	5	2	6	6
	6	19	14	27	96	60	52	160
Total Assets	12	59	46	123	248	403	627	918

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-5	-14	7	2	-62	-12	-87	24
Cash from Investing	-4	-0	0	-42	-38	-19	-7	-25
Cash from Financing	9	15	-5	44	98	26	94	2
	0	0	1	4	-1	-4	0	1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	63.54	63.54	67.41	67.41	66.50	66.51	66.50	66.50	66.50
	0.06	0.01	0.00	0.00	0.00	0.00	0.00	0.01	0.26
	0.00	0.00	0.00	0.00	0.00	0.00	0.36	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.40	36.44	32.59	32.59	33.50	33.49	33.14	33.49	33.23

Documents

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

2026-09-11

Spurt in Volume

2026-09-11 - Significant increase in volume has been observed in Mangalam Worldwide Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Mangalam Worldwide Limited has submitted their response.

2026-09-10

Spurt in Volume

2026-09-10 - Significant increase in volume has been observed in Mangalam Worldwide Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

2026-09-08

Copy of Newspaper Publication

2026-09-08 - Mangalam Worldwide Limited has informed the Exchange regarding Newspaper Advertisements of Notice of Postal Ballot

2026-09-07

Shareholders meeting

2026-09-07 - Mangalam Worldwide Limited has informed the Exchange regarding Notice of Postal Ballot.

2026-09-07

Press Release

2026-09-07 - Mangalam Worldwide Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Press Release titled ADNOC empanels Mangalam Worldwide Ltd. as an approved vendor. ".

2026-09-03

Appointment

2026-09-03 - Mangalam Worldwide Limited has informed the Exchange regarding Appointment of Mr Keyoor Bakshi as Non- Executive Independent Director of the company w.e.f. September 03, 2026.

2026-09-03

Outcome of Board Meeting

2026-09-03 - Outcome of the meeting of the Board of Directors of Mangalam Worldwide Limited ( the Company ) held on today i.e. on Thursday, September 03, 2026.

2026-08-27

General Updates

2026-08-27 - Mangalam Worldwide Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

2026-08-24

Resignation

2026-08-24 - Mangalam Worldwide Limited has informed the Exchange regarding Resignation of Mr Anilkumar Shyamlal Agrawal as Non- Executive Independent Director of the company w.e.f. August 24, 2026.

News

Recent coverage and analyst commentary for MWL

Loading news…

🤖

AI Stock Analyst

Mangalam Worldwide Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

JSWSTEEL

1267.50

12.51

309961.29

0.56

4696.00

112.58

47364.00

11.55

20.67

19.60

TATASTEEL

182.85

20.69

228259.99

2.19

2385.24

18.82

60794.29

15.26

12.70

15.40

SAIL

179.00

17.31

73936.40

1.31

1644.05

120.80

26245.67

1.25

7.08

15.92

WELCORP

2676.25

30.57

70596.97

0.19

1047.88

200.11

4081.12

14.91

23.94

32.17

JSL

755.20

19.16

62260.17

0.53

768.66

7.56

11278.54

10.50

19.19

12.09

APLAPOLLO

2153.00

48.64

59779.85

0.39

263.11

10.94

5606.71

12.07

31.83

7.34

SHYAMMETL

1074.35

26.70

29988.53

0.42

350.73

20.66

5455.09

23.45

13.88

14.03

JINDALSAW

311.85

30.52

19943.06

0.64

90.79

-78.15

4452.31

9.00

10.38

8.79

RATNAMANI

2808.15

45.47

19682.88

0.36

107.03

-15.82

971.63

-15.63

18.01

16.69

SARDAEN

524.75

16.37

18491.21

0.38

478.13

9.50

1608.04

-1.07

17.76

41.59

GPIL

244.50

20.41

16460.69

0.41

222.37

2.75

1750.47

32.29

20.20

19.36

MWL

40.36

23.10

1198.72

0.07

12.02

18.71

316.22

14.68

17.97

9.20

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

201

199

181

237

229

238

270

324

276

317

350

265

316

194

191

170

226

218

225

255

309

260

297

324

237

304

Operating Profit

OPM %

3.44%

4.29%

5.90%

4.66%

5.05%

5.20%

5.53%

4.60%

5.73%

6.49%

7.42%

10.38%

3.71%

Interest

Depreciation

Profit before Tax

Tax %

16.76%

7.06%

-15.62%

2.03%

4.77%

-1.77%

-0.50%

-1.56%

-2.75%

-2.13%

1.27%

6.11%

4.98%

Net Profit

1.22

1.56

2.47

2.96

2.30

2.66

2.71

2.86

3.40

3.55

4.72

5.18

3.96

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

327

302

523

644

818

1,061

1,208

1,248

325

297

533

626

781

1,007

1,118

1,163

Operating Profit

-10

OPM %

0.13%

0.66%

1.47%

-2.00%

2.85%

4.58%

5.09%

7.47%

6.87%

Interest

Depreciation

Profit before Tax

Tax %

25.75%

25.42%

25.71%

33.32%

-7.26%

1.09%

0.01%

1.37%

2.96%

Net Profit

EPS

77.60

73.15

131.70

9.26

7.33

7.73

9.90

16.85

—

Dividend Payout %

6.24%

1.09%

0.15%

0.00%

14.68%

12.93%

2.02%

1.78%

—

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

104

136

218

262

188

228

Trade Payables

114

113

286

Total Liabilities

123

248

403

627

918

Capital Work in Progress

146

282

459

167

162

Cash & Bank

160

Total Assets

123

248

403

627

918

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-5

-14

-62

-12

-87

Cash from Investing

-4

-0

-42

-38

-19

-7

-25

Cash from Financing

-5

-1

-4

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

63.54

67.41

66.50

66.51

66.50

0.06

0.01

0.00

0.01

0.26

0.00

0.36

0.00

Government

0.00

36.40

36.44

32.59

33.50

33.49

33.14

33.49

33.23

Mangalam Worldwide 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 Worldwide 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