Mangal Electrical Industries Ltd.
•₹ 259.55-1.35%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Electrical Transformers, CRGO, Electrical Accessories & Other Related Items: 88.3% • EPC Contract Involving Electrical Items: 11.7%
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
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7470.00 | 52.98 | 158295.56 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33560.00 | 0.00 | 149584.85 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3899.95 | 42.40 | 138885.22 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 875.00 | 110.28 | 137851.88 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3436.60 | 0.00 | 122384.37 | 0.12 | 440.90 | 67.83 | 2485.60 | 39.28 | 40.19 | 23.56 |
| 6. | GVT&D | 4055.00 | 555.99 | 103826.87 | 0.25 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1273.00 | 48.91 | 79888.60 | 0.79 | 289.71 | -16.64 | 6518.19 | 19.48 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2684.00 | 20.23 | 77205.62 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16764.90 | 59.41 | 70198.55 | 0.36 | 4674.50 | 1677.98 | 65910.60 | 1191.31 | 33.47 | 11.50 |
| 10. | SUZLON | 47.05 | 20.57 | 64673.22 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1241.90 | 0.00 | 29694.33 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | MEIL | 263.75 | 0.00 | 728.74 | 0.00 | 7.52 | 101.66 | 125.83 | 40.34 | 14.73 | 8.85 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 114 | 133 | 149 | 153 | 90 | 154 | 156 | 179 | 126 | |
| 103 | 109 | 125 | 130 | 80 | 132 | 137 | 162 | 118 | |
| Operating Profit | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 3 | 2 |
| Interest | 3 | 4 | 5 | 3 | 4 | 4 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| 7 | 19 | 18 | 19 | 5 | 18 | 18 | 17 | 10 | |
| Tax % | 26.45% | 25.12% | 25.95% | 25.94% | 26.43% | 25.35% | 25.65% | 25.92% | 25.51% |
| Net Profit | 5 | 14 | 14 | 14 | 4 | 13 | 13 | 13 | 8 |
| 3 | 7 | 7 | 7 | 2 | 6 | 5 | 5 | 0 | |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 28 | 28 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 28 | 28 | 28 | 28 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2024
- 114
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 7
- Tax %
- 26.45%
- Net Profit
- 5
- 3
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 133
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 19
- Tax %
- 25.12%
- Net Profit
- 14
- 7
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 149
- 125
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 18
- Tax %
- 25.95%
- Net Profit
- 14
- 7
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 153
- 130
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 1
- 19
- Tax %
- 25.94%
- Net Profit
- 14
- 7
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 90
- 80
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 5
- Tax %
- 26.43%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 154
- 132
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 18
- Tax %
- 25.35%
- Net Profit
- 13
- 6
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 156
- 137
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 2
- 18
- Tax %
- 25.65%
- Net Profit
- 13
- 5
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 179
- 162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 2
- 17
- Tax %
- 25.92%
- Net Profit
- 13
- 5
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 126
- 118
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- 10
- Tax %
- 25.51%
- Net Profit
- 8
- 0
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 28
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 191 | 199 | 290 | 208 | 121 | 218 | 354 | 449 | 549 | 580 | 616 | |
| 168 | 177 | 266 | 194 | 109 | 197 | 310 | 407 | 468 | 511 | 549 | |
| Operating Profit | 27 | 24 | 24 | 18 | 14 | 23 | 48 | 45 | 84 | 76 | — |
| OPM % | 14 | 12 | 8 | 9 | 11 | 10 | 14 | 10 | 15 | 13 | — |
| Other Income | 4 | 2 | 1 | 4 | 1 | 1 | 4 | 3 | 2 | 7 | 9 |
| Interest | 18 | 15 | 12 | 10 | 9 | 12 | 11 | 13 | 15 | 12 | 10 |
| Depreciation | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 5 | 6 | 6 |
| 6 | 6 | 8 | 5 | 1 | 8 | 33 | 28 | 64 | 58 | 63 | |
| Tax % | 34 | 33 | 36 | 36 | 4 | 24 | 25 | 25 | 26 | 26 | 26 |
| Net Profit | 4 | 4 | 5 | 3 | 1 | 6 | 25 | 21 | 47 | 43 | 47 |
| EPS | 3 | 3 | 4 | 0 | 1 | 4 | 12 | 14 | 23 | 16 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 4 | 2 | 1 | 4 | 17 | 14 | 23 | 16 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 4 | 2 | 1 | 4 | 17 | 14 | 23 | 16 | — |
Mar 2017
- 191
- 168
- Operating Profit
- 27
- OPM %
- 14
- Other Income
- 4
- Interest
- 18
- Depreciation
- 3
- 6
- Tax %
- 34
- Net Profit
- 4
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 199
- 177
- Operating Profit
- 24
- OPM %
- 12
- Other Income
- 2
- Interest
- 15
- Depreciation
- 3
- 6
- Tax %
- 33
- Net Profit
- 4
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 290
- 266
- Operating Profit
- 24
- OPM %
- 8
- Other Income
- 1
- Interest
- 12
- Depreciation
- 4
- 8
- Tax %
- 36
- Net Profit
- 5
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2020
- 208
- 194
- Operating Profit
- 18
- OPM %
- 9
- Other Income
- 4
- Interest
- 10
- Depreciation
- 4
- 5
- Tax %
- 36
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2021
- 121
- 109
- Operating Profit
- 14
- OPM %
- 11
- Other Income
- 1
- Interest
- 9
- Depreciation
- 3
- 1
- Tax %
- 4
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 218
- 197
- Operating Profit
- 23
- OPM %
- 10
- Other Income
- 1
- Interest
- 12
- Depreciation
- 3
- 8
- Tax %
- 24
- Net Profit
- 6
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 354
- 310
- Operating Profit
- 48
- OPM %
- 14
- Other Income
- 4
- Interest
- 11
- Depreciation
- 4
- 33
- Tax %
- 25
- Net Profit
- 25
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2024
- 449
- 407
- Operating Profit
- 45
- OPM %
- 10
- Other Income
- 3
- Interest
- 13
- Depreciation
- 4
- 28
- Tax %
- 25
- Net Profit
- 21
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2025
- 549
- 468
- Operating Profit
- 84
- OPM %
- 15
- Other Income
- 2
- Interest
- 15
- Depreciation
- 5
- 64
- Tax %
- 26
- Net Profit
- 47
- EPS
- 23
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2026
- 580
- 511
- Operating Profit
- 76
- OPM %
- 13
- Other Income
- 7
- Interest
- 12
- Depreciation
- 6
- 58
- Tax %
- 26
- Net Profit
- 43
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
TTM
- 616
- 549
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 10
- Depreciation
- 6
- 63
- Tax %
- 26
- Net Profit
- 47
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
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:
- —
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 23%
- 3 Years:
- 23%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 20 | 28 |
| 19 | 23 | 28 | 31 | 32 | 39 | 73 | 94 | 142 | 563 | |
| 10 | 19 | 16 | 30 | 49 | 48 | 53 | 64 | 132 | 42 | |
| Trade Payables | 34 | 53 | 67 | 51 | 28 | 40 | 20 | 26 | 37 | 43 |
| 108 | 90 | 53 | 62 | 61 | 46 | 59 | 45 | 34 | 25 | |
| Total Liabilities | 185 | 200 | 179 | 188 | 185 | 187 | 220 | 244 | 365 | 700 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 30 | 37 | 35 | 32 | 30 | 31 | 34 | 40 | 39 | 70 | |
| Capital Work in Progress | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 9 | 9 |
| 46 | 62 | 45 | 44 | 64 | 65 | 82 | 83 | 148 | 192 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88 | 129 | 204 | |
| Cash & Bank | 10 | 6 | 8 | 8 | 0 | 15 | 1 | 7 | 0 | 91 |
| 98 | 94 | 92 | 104 | 91 | 76 | 103 | 25 | 39 | 134 | |
| Total Assets | 185 | 200 | 179 | 188 | 185 | 187 | 220 | 244 | 365 | 700 |
| Total Debt | 113 | 107 | 62 | 88 | 106 | 83 | 97 | 92 | 149 | 45 |
| Net Working Capital | 97 | 80 | 48 | 66 | 58 | 57 | 96 | 82 | 109 | 448 |
| Contingent Liabilities | 19 | 43 | 43 | 40 | 0 | 45 | 46 | 79 | 81 | 102 |
| Book Value per Share | 23.06 | 25.89 | 29.64 | 31.67 | 32.41 | 36.60 | 60.67 | 75.16 | 79.10 | 213.67 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 113 | 107 | 62 | 88 | 106 | 83 | 97 | 92 | 149 | 45 |
| Net Working Capital | 97 | 80 | 48 | 66 | 58 | 57 | 96 | 82 | 109 | 448 |
| Contingent Liabilities | 19 | 43 | 43 | 40 | 0 | 45 | 46 | 79 | 81 | 102 |
| Book Value per Share | 23.06 | 25.89 | 29.64 | 31.67 | 32.41 | 36.60 | 60.67 | 75.16 | 79.10 | 213.67 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 14
- 19
- 10
- Trade Payables
- 34
- 108
- Total Liabilities
- 185
- 30
- Capital Work in Progress
- 1
- 46
- 0
- Cash & Bank
- 10
- 98
- Total Assets
- 185
- Total Debt
- 113
- Net Working Capital
- 97
- Contingent Liabilities
- 19
- Book Value per Share
- 23.06
- Face Value
- 10.00
- Total Debt
- 113
- Net Working Capital
- 97
- Contingent Liabilities
- 19
- Book Value per Share
- 23.06
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 14
- 23
- 19
- Trade Payables
- 53
- 90
- Total Liabilities
- 200
- 37
- Capital Work in Progress
- 0
- 62
- 0
- Cash & Bank
- 6
- 94
- Total Assets
- 200
- Total Debt
- 107
- Net Working Capital
- 80
- Contingent Liabilities
- 43
- Book Value per Share
- 25.89
- Face Value
- 10.00
- Total Debt
- 107
- Net Working Capital
- 80
- Contingent Liabilities
- 43
- Book Value per Share
- 25.89
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 14
- 28
- 16
- Trade Payables
- 67
- 53
- Total Liabilities
- 179
- 35
- Capital Work in Progress
- 0
- 45
- 0
- Cash & Bank
- 8
- 92
- Total Assets
- 179
- Total Debt
- 62
- Net Working Capital
- 48
- Contingent Liabilities
- 43
- Book Value per Share
- 29.64
- Face Value
- 10.00
- Total Debt
- 62
- Net Working Capital
- 48
- Contingent Liabilities
- 43
- Book Value per Share
- 29.64
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 14
- 31
- 30
- Trade Payables
- 51
- 62
- Total Liabilities
- 188
- 32
- Capital Work in Progress
- 0
- 44
- 0
- Cash & Bank
- 8
- 104
- Total Assets
- 188
- Total Debt
- 88
- Net Working Capital
- 66
- Contingent Liabilities
- 40
- Book Value per Share
- 31.67
- Face Value
- 10.00
- Total Debt
- 88
- Net Working Capital
- 66
- Contingent Liabilities
- 40
- Book Value per Share
- 31.67
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 14
- 32
- 49
- Trade Payables
- 28
- 61
- Total Liabilities
- 185
- 30
- Capital Work in Progress
- 0
- 64
- 0
- Cash & Bank
- 0
- 91
- Total Assets
- 185
- Total Debt
- 106
- Net Working Capital
- 58
- Contingent Liabilities
- 0
- Book Value per Share
- 32.41
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 58
- Contingent Liabilities
- 0
- Book Value per Share
- 32.41
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 14
- 39
- 48
- Trade Payables
- 40
- 46
- Total Liabilities
- 187
- 31
- Capital Work in Progress
- 0
- 65
- 0
- Cash & Bank
- 15
- 76
- Total Assets
- 187
- Total Debt
- 83
- Net Working Capital
- 57
- Contingent Liabilities
- 45
- Book Value per Share
- 36.60
- Face Value
- 10.00
- Total Debt
- 83
- Net Working Capital
- 57
- Contingent Liabilities
- 45
- Book Value per Share
- 36.60
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 14
- 73
- 53
- Trade Payables
- 20
- 59
- Total Liabilities
- 220
- 34
- Capital Work in Progress
- 0
- 82
- 0
- Cash & Bank
- 1
- 103
- Total Assets
- 220
- Total Debt
- 97
- Net Working Capital
- 96
- Contingent Liabilities
- 46
- Book Value per Share
- 60.67
- Face Value
- 10.00
- Total Debt
- 97
- Net Working Capital
- 96
- Contingent Liabilities
- 46
- Book Value per Share
- 60.67
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 14
- 94
- 64
- Trade Payables
- 26
- 45
- Total Liabilities
- 244
- 40
- Capital Work in Progress
- 2
- 83
- 88
- Cash & Bank
- 7
- 25
- Total Assets
- 244
- Total Debt
- 92
- Net Working Capital
- 82
- Contingent Liabilities
- 79
- Book Value per Share
- 75.16
- Face Value
- 10.00
- Total Debt
- 92
- Net Working Capital
- 82
- Contingent Liabilities
- 79
- Book Value per Share
- 75.16
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 20
- 142
- 132
- Trade Payables
- 37
- 34
- Total Liabilities
- 365
- 39
- Capital Work in Progress
- 9
- 148
- 129
- Cash & Bank
- 0
- 39
- Total Assets
- 365
- Total Debt
- 149
- Net Working Capital
- 109
- Contingent Liabilities
- 81
- Book Value per Share
- 79.10
- Face Value
- 10.00
- Total Debt
- 149
- Net Working Capital
- 109
- Contingent Liabilities
- 81
- Book Value per Share
- 79.10
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 28
- 563
- 42
- Trade Payables
- 43
- 25
- Total Liabilities
- 700
- 70
- Capital Work in Progress
- 9
- 192
- 204
- Cash & Bank
- 91
- 134
- Total Assets
- 700
- Total Debt
- 45
- Net Working Capital
- 448
- Contingent Liabilities
- 102
- Book Value per Share
- 213.67
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 448
- Contingent Liabilities
- 102
- Book Value per Share
- 213.67
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 32 | 27 | 53 | -16 | -1 | 37 | 27 | 37 | -30 | -101 | |
| Cash from Investing | -2 | -10 | -2 | -1 | -10 | -2 | 4 | -13 | -18 | -158 |
| Cash from Financing | -25 | -21 | -50 | 17 | 9 | -33 | -34 | -18 | 42 | 264 |
| 5 | -4 | 2 | 0 | -1 | 1 | -2 | 6 | -7 | 5 | |
| Free Cash Flow | 30 | 17 | 52 | -17 | -2 | 32 | 20 | 25 | -42 | -137 |
| OCF / Net Profit | 8.64 | 6.52 | 9.79 | -5.39 | -0.50 | 6.01 | 1.11 | 1.75 | -0.64 | -2.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 80 | 83 | 86 | 59 | 35 | -101 |
| OCF / Net Profit | 8.64 | 6.52 | 9.79 | -5.39 | -0.50 | 6.01 | 1.11 | 1.75 | -0.64 | -2.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 80 | 83 | 86 | 59 | 35 | -101 |
Mar 2017
- 32
- Cash from Investing
- -2
- Cash from Financing
- -25
- 5
- Free Cash Flow
- 30
- OCF / Net Profit
- 8.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.64
- Cumulative 5-Year FCF
- 0
Mar 2018
- 27
- Cash from Investing
- -10
- Cash from Financing
- -21
- -4
- Free Cash Flow
- 17
- OCF / Net Profit
- 6.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.52
- Cumulative 5-Year FCF
- 0
Mar 2019
- 53
- Cash from Investing
- -2
- Cash from Financing
- -50
- 2
- Free Cash Flow
- 52
- OCF / Net Profit
- 9.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.79
- Cumulative 5-Year FCF
- 0
Mar 2020
- -16
- Cash from Investing
- -1
- Cash from Financing
- 17
- 0
- Free Cash Flow
- -17
- OCF / Net Profit
- -5.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -5.39
- Cumulative 5-Year FCF
- 0
Mar 2021
- -1
- Cash from Investing
- -10
- Cash from Financing
- 9
- -1
- Free Cash Flow
- -2
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 80
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 80
Mar 2022
- 37
- Cash from Investing
- -2
- Cash from Financing
- -33
- 1
- Free Cash Flow
- 32
- OCF / Net Profit
- 6.01
- Cumulative 5-Year FCF
- 83
- OCF / Net Profit
- 6.01
- Cumulative 5-Year FCF
- 83
Mar 2023
- 27
- Cash from Investing
- 4
- Cash from Financing
- -34
- -2
- Free Cash Flow
- 20
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 86
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 86
Mar 2024
- 37
- Cash from Investing
- -13
- Cash from Financing
- -18
- 6
- Free Cash Flow
- 25
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 59
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 59
Mar 2025
- -30
- Cash from Investing
- -18
- Cash from Financing
- 42
- -7
- Free Cash Flow
- -42
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 35
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 35
Mar 2026
- -101
- Cash from Investing
- -158
- Cash from Financing
- 264
- 5
- Free Cash Flow
- -137
- OCF / Net Profit
- -2.35
- Cumulative 5-Year FCF
- -101
- OCF / Net Profit
- -2.35
- Cumulative 5-Year FCF
- -101
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.57 | 2.83 | 3.75 | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 15.62 |
| Book Value (₹) | 23.06 | 25.89 | 29.64 | 31.67 | 32.41 | 36.60 | 60.67 | 75.16 | 79.10 | 213.67 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 4.35 | 4.97 | 6.48 | 4.65 | 3.01 | 6.47 | 19.63 | 17.26 | 25.48 | 17.77 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.70% | 10.86% | 8.09% | 8.67% | 11.22% | 10.47% | 13.53% | 9.48% | 14.90% | 11.79% |
| Net Margin % | 1.76% | 2.01% | 1.88% | 1.42% | 0.88% | 2.78% | 6.98% | 4.66% | 8.61% | 7.45% |
| ROE % | 11.78% | 11.56% | 13.51% | 6.62% | 2.30% | 12.14% | 35.08% | 21.27% | 34.89% | 11.47% |
| ROCE % | 16.57% | 14.74% | 16.11% | 11.89% | 7.16% | 13.52% | 27.04% | 20.72% | 30.44% | 14.73% |
| 1.98% | 2.13% | 2.87% | 1.60% | 0.57% | 3.26% | 12.17% | 9.03% | 15.54% | 8.11% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 136 | 164 | 112 | 164 | 250 | 112 | 80 | 71 | 72 | 105 |
| Inventory Days | 114 | 97 | 68 | 79 | 163 | 108 | 76 | 67 | 77 | 107 |
| Payable Days | 95 | 106 | 102 | 131 | 166 | 78 | 41 | 23 | 28 | 33 |
| 155 | 154 | 78 | 112 | 247 | 142 | 114 | 115 | 121 | 180 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 3.37x | 2.84x | 1.45x | 1.92x | 2.26x | 1.57x | 1.10x | 0.85x | 0.92x | 0.08x |
| Interest Coverage (x) | 1.31x | 1.40x | 1.72x | 1.48x | 1.12x | 1.70x | 3.90x | 3.15x | 5.20x | 6.00x |
| 2.73x | 1.97x | 1.51x | 1.74x | 1.72x | 1.59x | 2.18x | 1.74x | 1.57x | 4.99x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 32.38% | 4.57% | 45.17% | -28.23% | -41.78% | 80.50% | 62.22% | 26.86% | 22.23% | 5.51% |
| Operating Profit Growth % | 23.62% | -8.25% | -1.78% | -25.08% | -24.67% | 68.52% | 109.57% | -5.54% | 85.12% | -9.72% |
| Net Profit Growth % | 33.24% | 10.27% | 32.54% | -45.86% | -63.76% | 469.20% | 307.32% | -15.32% | 125.82% | -8.74% |
| 33.24% | 10.27% | 32.54% | 0.00% | 0.00% | 0.00% | 0.00% | -15.32% | 59.73% | -32.29% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.36x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.98x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 4.40x | 4.70x | 2.88x | 0.00x | 0.00x | 0.00x | 0.00x | 2.20x | 2.02x | 7.02x |
Mar 2017
- EPS (₹)
- 2.57
- Book Value (₹)
- 23.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.35
- Operating Margin %
- 10.70%
- Net Margin %
- 1.76%
- ROE %
- 11.78%
- ROCE %
- 16.57%
- 1.98%
- Debtor Days
- 136
- Inventory Days
- 114
- Payable Days
- 95
- 155
- Debt to Equity (x)
- 3.37x
- Interest Coverage (x)
- 1.31x
- 2.73x
- Revenue Growth %
- 32.38%
- Operating Profit Growth %
- 23.62%
- Net Profit Growth %
- 33.24%
- 33.24%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 4.40x
Mar 2018
- EPS (₹)
- 2.83
- Book Value (₹)
- 25.89
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.97
- Operating Margin %
- 10.86%
- Net Margin %
- 2.01%
- ROE %
- 11.56%
- ROCE %
- 14.74%
- 2.13%
- Debtor Days
- 164
- Inventory Days
- 97
- Payable Days
- 106
- 154
- Debt to Equity (x)
- 2.84x
- Interest Coverage (x)
- 1.40x
- 1.97x
- Revenue Growth %
- 4.57%
- Operating Profit Growth %
- -8.25%
- Net Profit Growth %
- 10.27%
- 10.27%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 4.70x
Mar 2019
- EPS (₹)
- 3.75
- Book Value (₹)
- 29.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.48
- Operating Margin %
- 8.09%
- Net Margin %
- 1.88%
- ROE %
- 13.51%
- ROCE %
- 16.11%
- 2.87%
- Debtor Days
- 112
- Inventory Days
- 68
- Payable Days
- 102
- 78
- Debt to Equity (x)
- 1.45x
- Interest Coverage (x)
- 1.72x
- 1.51x
- Revenue Growth %
- 45.17%
- Operating Profit Growth %
- -1.78%
- Net Profit Growth %
- 32.54%
- 32.54%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.88x
Mar 2020
- EPS (₹)
- 2.03
- Book Value (₹)
- 31.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.65
- Operating Margin %
- 8.67%
- Net Margin %
- 1.42%
- ROE %
- 6.62%
- ROCE %
- 11.89%
- 1.60%
- Debtor Days
- 164
- Inventory Days
- 79
- Payable Days
- 131
- 112
- Debt to Equity (x)
- 1.92x
- Interest Coverage (x)
- 1.48x
- 1.74x
- Revenue Growth %
- -28.23%
- Operating Profit Growth %
- -25.08%
- Net Profit Growth %
- -45.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.74
- Book Value (₹)
- 32.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.01
- Operating Margin %
- 11.22%
- Net Margin %
- 0.88%
- ROE %
- 2.30%
- ROCE %
- 7.16%
- 0.57%
- Debtor Days
- 250
- Inventory Days
- 163
- Payable Days
- 166
- 247
- Debt to Equity (x)
- 2.26x
- Interest Coverage (x)
- 1.12x
- 1.72x
- Revenue Growth %
- -41.78%
- Operating Profit Growth %
- -24.67%
- Net Profit Growth %
- -63.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.19
- Book Value (₹)
- 36.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.47
- Operating Margin %
- 10.47%
- Net Margin %
- 2.78%
- ROE %
- 12.14%
- ROCE %
- 13.52%
- 3.26%
- Debtor Days
- 112
- Inventory Days
- 108
- Payable Days
- 78
- 142
- Debt to Equity (x)
- 1.57x
- Interest Coverage (x)
- 1.70x
- 1.59x
- Revenue Growth %
- 80.50%
- Operating Profit Growth %
- 68.52%
- Net Profit Growth %
- 469.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 17.06
- Book Value (₹)
- 60.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 19.63
- Operating Margin %
- 13.53%
- Net Margin %
- 6.98%
- ROE %
- 35.08%
- ROCE %
- 27.04%
- 12.17%
- Debtor Days
- 80
- Inventory Days
- 76
- Payable Days
- 41
- 114
- Debt to Equity (x)
- 1.10x
- Interest Coverage (x)
- 3.90x
- 2.18x
- Revenue Growth %
- 62.22%
- Operating Profit Growth %
- 109.57%
- Net Profit Growth %
- 307.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 14.45
- Book Value (₹)
- 75.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.26
- Operating Margin %
- 9.48%
- Net Margin %
- 4.66%
- ROE %
- 21.27%
- ROCE %
- 20.72%
- 9.03%
- Debtor Days
- 71
- Inventory Days
- 67
- Payable Days
- 23
- 115
- Debt to Equity (x)
- 0.85x
- Interest Coverage (x)
- 3.15x
- 1.74x
- Revenue Growth %
- 26.86%
- Operating Profit Growth %
- -5.54%
- Net Profit Growth %
- -15.32%
- -15.32%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.20x
Mar 2025
- EPS (₹)
- 23.08
- Book Value (₹)
- 79.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 25.48
- Operating Margin %
- 14.90%
- Net Margin %
- 8.61%
- ROE %
- 34.89%
- ROCE %
- 30.44%
- 15.54%
- Debtor Days
- 72
- Inventory Days
- 77
- Payable Days
- 28
- 121
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- 5.20x
- 1.57x
- Revenue Growth %
- 22.23%
- Operating Profit Growth %
- 85.12%
- Net Profit Growth %
- 125.82%
- 59.73%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.02x
Mar 2026
- EPS (₹)
- 15.62
- Book Value (₹)
- 213.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.77
- Operating Margin %
- 11.79%
- Net Margin %
- 7.45%
- ROE %
- 11.47%
- ROCE %
- 14.73%
- 8.11%
- Debtor Days
- 105
- Inventory Days
- 107
- Payable Days
- 33
- 180
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 6.00x
- 4.99x
- Revenue Growth %
- 5.51%
- Operating Profit Growth %
- -9.72%
- Net Profit Growth %
- -8.74%
- -32.29%
- P/E (x)
- 13.36x
- P/B (x)
- 0.98x
- Dividend Yield %
- 0.00%
- 7.02x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-10 - Mangal Electrical Industries Limited has informed the Exchange about Copy of Newspaper Publication
- 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)
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
May 2026