Price
Financials
Standalone, Rs crore| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 114.32 | 132.70 | 149.37 | 153.03 | 89.66 | 154.33 | 156.27 | 179.42 | 125.83 |
| Expenses | 103.10 | 108.75 | 125.29 | 130.43 | 79.69 | 132.49 | 137.38 | 161.76 | 114.69 |
| Operating Profit | 11.22 | 23.95 | 24.08 | 22.60 | 9.97 | 21.84 | 18.89 | 17.66 | 11.14 |
| OPM % | 9.81% | 18.05% | 16.12% | 14.77% | 11.12% | 14.15% | 12.09% | 9.84% | 8.85% |
| Other Income | 0.53 | 0.64 | 0.38 | 0.42 | 0.25 | 1.31 | 2.74 | 3.01 | 1.81 |
| Interest | 3.13 | 4.23 | 4.87 | 2.96 | 3.94 | 3.99 | 1.88 | 1.82 | 1.86 |
| Depreciation | 1.22 | 1.29 | 1.17 | 1.25 | 1.21 | 1.34 | 1.74 | 1.64 | 0.99 |
| Profit before tax | 7.40 | 19.07 | 18.42 | 18.81 | 5.07 | 17.82 | 18.01 | 17.21 | 10.10 |
| Tax % | 26.35% | 25.12% | 25.95% | 25.94% | 26.43% | 25.36% | 25.65% | 25.92% | 25.54% |
| Net Profit | 5.45 | 14.28 | 13.64 | 13.93 | 3.73 | 13.30 | 13.39 | 12.75 | 7.52 |
| EPS in Rs | 2.66 | 6.97 | 6.65 | 6.80 | 1.82 | 4.81 | 4.85 | 4.61 | 2.72 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 208 | 121 | 218 | 354 | 449 | 549 | 580 | 616 |
| Expenses | 194 | 109 | 198 | 310 | 407 | 467 | 511 | 546 |
| Operating Profit | 14 | 12 | 21 | 44 | 43 | 82 | 68 | 70 |
| OPM % | 7% | 10% | 9% | 13% | 9% | 15% | 12% | 11% |
| Other Income | 4 | 1 | 1 | 4 | 3 | 2 | 7 | 9 |
| Interest | 10 | 9 | 10 | 11 | 13 | 15 | 12 | 10 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 5 | 6 | 6 |
| Profit before tax | 5 | 1 | 8 | 33 | 28 | 64 | 58 | 63 |
| Tax % | 36% | 4% | 24% | 25% | 25% | 26% | 26% | |
| Net Profit | 3 | 1 | 6 | 25 | 21 | 47 | 43 | 47 |
| EPS in Rs | 2.03 | 0.74 | 4.19 | 17.06 | 14.45 | 23.08 | 15.62 | 16.99 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 37% | 18% | 17% | ||
| Compounded Profit Growth | % | 109% | 20% | 3% | ||
| Stock Price CAGR | % | % | % | -44% | ||
| Return on Equity | % | 19% | 18% | 11% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 20 | 28 |
| Reserves | 31 | 32 | 39 | 79 | 100 | 142 | 563 |
| Borrowings | 88 | 106 | 83 | 97 | 92 | 149 | 45 |
| Other Liabilities | 54 | 32 | 51 | 31 | 39 | 55 | 71 |
| Total Liabilities | 188 | 185 | 187 | 221 | 247 | 366 | 707 |
| Fixed Assets | 32 | 30 | 31 | 34 | 40 | 39 | 70 |
| CWIP | -0 | -0 | 0 | -0 | 2 | 9 | 10 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Other Assets | 156 | 155 | 156 | 187 | 205 | 318 | 628 |
| Total Assets | 188 | 185 | 187 | 221 | 247 | 366 | 707 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -16 | -1 | 37 | 27 | 37 | -30 | -101 |
| Cash from Investing Activity | -1 | -10 | -2 | 4 | -13 | -18 | -158 |
| Cash from Financing Activity | 17 | 9 | -33 | -34 | -18 | 42 | 264 |
| Net Cash Flow | 0 | -1 | 1 | -2 | 6 | -7 | 5 |
| Free Cash Flow | -17 | -2 | 32 | 24 | 25 | -42 | -138 |
| CFO/OP | -101% | -4% | 177% | 76% | 105% | -15% | -131% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 173 | 203 | 112 | 90 | 72 | 86 | 129 |
| Inventory Days | 266 | 147 | 112 | 83 | 131 | 158 | |
| Days Payable | 118 | 91 | 27 | 26 | 32 | 35 | |
| Cash Conversion Cycle | 173 | 351 | 168 | 175 | 129 | 184 | 252 |
| Working Capital Days | 102 | 175 | 71 | 98 | 61 | 72 | 225 |
| ROCE % | 7% | 13% | 27% | 21% | 30% | 15% |
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters | 74.44% | 74.79% | 74.79% | 74.79% |
| FIIs | 2.39% | 2.03% | 2.19% | 1.28% |
| DIIs | 6.68% | 6.19% | 4.43% | 4.30% |
| Public | 16.47% | 16.99% | 18.58% | 19.65% |
| No. of Shareholders | 65,101 | 59,270 | 55,719 | 54,834 |
Fundamentals
Market Cap₹ 737 Cr.
Current Price₹ 266
Stock P/E15.7
Book Value₹ 214
ROCE14.6 %
ROE11.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)3%
Standalone figures.
Valuation
Market capRs 380 Cr
Enterprise valueRs 476 Cr
P/E (TTM)8.80x
Price to book4.04x
Price to sales0.66x
EV / EBITDA6.29x
EV / EBIT6.83x
EV / sales0.82x
Price to cash flow13.88x
Earnings yield11.36%
Profitability
Operating margin (excl. other income)12.54%
Operating margin (incl. other income)13.53%
EBITDA margin13.05%
Pre-tax margin10.02%
Net profit margin7.45%
Net margin, latest quarter7.11%
ROE33.65%
ROCE27.04%
ROA12.11%
ROE, 3-year average16.03%
ROCE, 3-year average15.61%
ROA, 3-year average5.31%
ROIC (approx.)27.64%
Tax rate24.73%
Other income / net worth3.72%
Growth
Sales growth (latest year)62.22%
Profit growth (latest year)307.58%
Sales CAGR, 3 years19.46%
Profit CAGR, 3 years103.40%
Sales growth QoQ14.81%
Profit growth QoQ-4.78%
Sales growth YoY (latest quarter)17.25%
Profit growth YoY (latest quarter)-8.47%
Per share
EPS (TTM)Rs 29.77
EPS (latest year)Rs 17.06
EPS (latest quarter)Rs 8.79
EPS, 3-year averageRs 7.33
Book value per shareRs 64.81
Sales per shareRs 399.78
Cash flow per shareRs 18.89
Free cash flow per shareRs -95.17
Efficiency
Asset turnover1.60x
Fixed asset turnover10.45x
Inventory turnover3.40x
Inventory days107 days
Debtor days90 days
Debtors turnover4.05x
Creditor days35 days
Cash conversion cycle252 days
Working capital days225 days
Leverage
Total debtRs 97 Cr
Cash and bankRs 1 Cr
Net debtRs 96 Cr
Debt to equity1.03x
Net debt / EBITDA1.27x
Interest coverage6.00x
Owners' fund to total sources42.47%
Debt to assets43.68%
Cash flow
Cash from Operating Activity (latest year)Rs 27 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs -34 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -138 Cr
FCFE (approx.: FCF + change in debt)Rs -125 Cr
Cash from ops / profit, 5 years-0.21x
Sales to cash flow12.94x
Statement figures
Net sales (TTM)Rs 580 Cr
Net sales (latest year)Rs 354 Cr
Sales (latest quarter)Rs 179 Cr
Operating profit excl. other income (latest year)Rs 44 Cr
Operating profit (latest quarter)Rs 18 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 76 Cr
PBDT (TTM)Rs 64 Cr
Profit before tax (TTM)Rs 58 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 43 Cr
Net profit (latest year)Rs 25 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 12 Cr
Cost of goods sold (latest year)Rs 279 Cr
Total expenditure (latest year)Rs 310 Cr
Total income (latest year)Rs 358 Cr
Share capitalRs 14 Cr
ReservesRs 79 Cr
Shareholders' fundsRs 94 Cr
Total assetsRs 221 Cr
Net blockRs 34 Cr
ReceivablesRs 87 Cr
InventoryRs 82 Cr
Other liabilitiesRs 31 Cr
Shares outstanding (crore)1.45
Ownership
Promoter holding74.79%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | MEIL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.9% | -2.8% | -1.1 pts |
| 1 month | -8.0% | -6.8% | -1.2 pts |
| 3 months | -14.6% | -7.6% | -7.0 pts |
| 6 months | +25.7% | +0.4% | +25.3 pts |
| 1 year | -44.6% | -9.9% | -34.7 pts |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹126 Cr +40.3% vs Jun 2025.
Net profit ₹8 Cr +101.6%.
Against our estimate for Jun 2026: sales +26.5%, profit -3.5% miss. Our estimate for Sep 2026: sales Rs 199 Cr, profit Rs 16 Cr (how).
Activity
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| Genus Power Infrastructures Ltd | 8,934 | 13.7 | 25.3 % |
| Waaree Renewable Technologies Ltd | 8,574 | 16.8 | 85.0 % |
| Vikram Solar Ltd | 5,801 | 16.1 | 30.6 % |
| Ram Ratna Wires Ltd | 5,450 | 42.1 | 23.6 % |
| Saatvik Green Energy Ltd | 5,249 | 21.1 | 32.9 % |
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Mangal Electrical Industries Ltd?
Mangal Electrical Industries Ltd (MEIL) has a market capitalisation of Rs 737 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mangal Electrical Industries Ltd?
Mangal Electrical Industries Ltd trades at a P/E of 15.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mangal Electrical Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, Mangal Electrical Industries Ltd sales was Rs 126 Cr (+40.3% vs Jun 2025) and net profit was Rs 8 Cr.
What is the 52-week high and low of Mangal Electrical Industries Ltd?
The 52-week high is Rs 495.00 and the 52-week low is Rs 206.26.