Flash Finance

Mangalam Alloys LimitedMALCorporate

Steel - Medium / Small Latest results: Mar 2026 8 quarters of data
₹35.50
MCap ₹88 Cr · P/E 5.8
Mangalam Alloys Limited — Stock analysis & AI research Mangalam Alloys Limited — Seasonality — best & worst months Mangalam Alloys Limited — Live exchange announcements
🏭 Metal sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹219 Cr
Sales · Mar 2026
-6.4% YoY
₹27 Cr
Operating Profit · Mar 2026
-30.8% YoY
12.3%
OPM % · Mar 2026
-26.3% YoY
₹3 Cr
Net Profit · Mar 2026
-75.0% YoY
₹1.18
EPS · Mar 2026
-76.5% YoY

📝 Mangalam Alloys Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Mangalam Alloys Limited reported revenue of ₹219 crore for the quarter ended March 2026 (Q4 FY26), down 6.4% from ₹234 crore in the same quarter last year.

Net profit fell 75.0% year-on-year to ₹3 crore, from ₹12 crore. Earnings per share (EPS) came in at ₹1.18.

Operating profit stood at ₹27 crore — an operating margin (OPM) of 12.3%, compared with 16.7% in the year-ago quarter.

Full year and trailing twelve months

On a trailing-twelve-month (TTM) basis, revenue stands at ₹438 crore with a net profit of ₹15 crore.

Valuation snapshot

At the current price of ₹35.50, MAL has a market capitalisation of ₹88 crore and a trailing P/E of about 5.8.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 59.74%, foreign institutional investors (FIIs) 0.46%, domestic institutional investors (DIIs) 0.00%, the government 0.22%, public shareholders 39.58% of Mangalam Alloys Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹88 Cr
Current Price ?
₹35.5
P/E ?
5.84below ind
Industry P/E ?
20.50
P/B ?
0.55
P/S ?
0.20
P/FCF ?
-5.16
Enterprise Value ?
₹384 Cr
EV/EBITDA ?
6.98
PEG ?
0.17
Earnings Yield ?
12.3%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹438 Cr
OPM ?
12.6%
Profit after tax (TTM) ?
₹15 Cr
EPS (TTM) ?
₹6.08
ROCE ?
13.0%
ROE ?
9.5%
ROA ?
2.8%
Growth
Sales — latest qtr ?
₹219 Cr
PAT — latest qtr ?
₹3 Cr
YoY qtr sales growth ?
-6.4%
YoY qtr profit growth ?
-75.0%
Sales growth (3y) ?
13%
Sales growth (5y) ?
10%
Profit growth (3y) ?
34%
Profit growth (5y) ?
33%
Financial Health
Debt ?
₹296 Cr
Debt to Equity ?
1.87
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
59.74%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
10.2%
Return 6 months ?
-15.8%

🗓️ Quarterly results (8 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026 YoY % QoQ %
Sales 100202140164198234219219 -6.4% —
Operating Profit 1220201214392827 -30.8% —
Other Income 14012003 — —
Interest 71091011151318 +20.0% —
Depreciation 42344444 +0.0% —
Profit Before Tax 21180120129 -55.0% —
Net Profit 2865112123 -75.0% —
EPS 0.914.552.432.210.385.034.761.18 -76.5% —
OPM % 12.0% 9.9% 14.3% 7.3% 7.1% 16.7% 12.8% 12.3% -26.3% —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 19252525 +0.0%
Reserves 60105118133 +12.7%
Borrowings 154151178296 +66.3%
Other Liabilities 9911013980 -42.4%
Total Liabilities 332390460534 +16.1%
Fixed Assets 77969085 -5.6%
CWIP 60011 —
Investments 0001 —
Other Assets 248295369437 +18.4%
Total Assets 332390460534 +16.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
CFO/OP 41%25%12%4% -66.7%
Cash from Operating Activity 1391-4 -500.0%
Cash from Investing Activity 17-18-1-11 -1000.0%
Cash from Financing Activity -2910114 +1300.0%
Net Cash Flow -001-1 -200.0%
Free Cash Flow 5-11-1-17 -1600.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 1101079583 -12.6%
Inventory Days 220244213268 +25.8%
Days Payable 14015913360 -54.9%
Cash Conversion Cycle 190191174291 +67.2%
Working Capital Days 7310890142 +57.8%
ROCE % 11%11%16%13% -18.8%

👥 Shareholding (latest 4 periods)

Metric Sep 2024Mar 2025Sep 2025Mar 2026 % Chg
Promoters 59.74%59.74%59.74%59.74% +0.0%
FIIs 0.00%0.00%0.46%0.46% +0.0%
DIIs 0.00%0.00%0.00%0.00% —
Government 0.00%0.00%0.00%0.22% —
Public 40.26%40.26%39.80%39.58% -0.6%
No. of Shareholders 2,3022,1551,5521,541 -0.7%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 MAL Mangalam Alloys ₹41.25 102 6.9 438 15 12.6% 3.4% — — -6.4% -75.0%
❓ Frequently asked questions
What was Mangalam Alloys Limited's revenue in Q4 FY26?
Mangalam Alloys Limited reported revenue of ₹219 crore for the quarter ended March 2026 (Q4 FY26), down 6.4% from ₹234 crore in the same quarter last year.
What was Mangalam Alloys Limited's net profit in Q4 FY26?
Net profit fell 75.0% year-on-year to ₹3 crore, from ₹12 crore. Earnings per share (EPS) came in at ₹1.18.
What is MAL's market capitalisation and P/E ratio?
At the current price of ₹35.50, MAL has a market capitalisation of ₹88 crore and a trailing P/E of about 5.8.
Who owns Mangalam Alloys Limited? (shareholding pattern)
As of Mar 2026, promoters held 59.74%, foreign institutional investors (FIIs) 0.46%, domestic institutional investors (DIIs) 0.00%, the government 0.22%, public shareholders 39.58% of Mangalam Alloys Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI