Mangalam Worldwide LimitedMWLCorporate

Steel - Medium / Small Latest results: Sep 2026 15 quarters of data
₹39.79
MCap ₹1,182 Cr · P/E 21.5
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.
₹360 Cr
Sales · Sep 2026
+13.7% YoY
₹40 Cr
Operating Profit · Sep 2026
+88.2% YoY
11.0%
OPM % · Sep 2026
+66.7% YoY
₹14 Cr
Net Profit · Sep 2026
+25.6% YoY
₹0.47
EPS · Sep 2026
-86.8% YoY

📝 Mangalam Worldwide Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Mangalam Worldwide Limited reported revenue of ₹360 crore for the quarter ended September 2026 (Q2 FY27), up 13.7% from ₹317 crore in the same quarter last year, and up 14.0% sequentially over the June 2026 quarter.

Net profit rose 25.6% year-on-year to ₹14 crore, from ₹11 crore. Earnings per share (EPS) came in at ₹0.47.

Operating profit stood at ₹40 crore — an operating margin (OPM) of 11.0%, compared with 6.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mangalam Worldwide Limited posted revenue of ₹1,208 crore, a growth of 13.9% over FY25, with a net profit of ₹50 crore (up 72.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,292 crore with a net profit of ₹55 crore.

Valuation snapshot

At the current price of ₹39.79, MWL has a market capitalisation of ₹1,182 crore and a trailing P/E of about 21.5.

Within the Steel - Medium / Small industry, it is the 24th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 66.50%, foreign institutional investors (FIIs) 0.01%, domestic institutional investors (DIIs) 0.00%, public shareholders 33.49% of Mangalam Worldwide Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,182 Cr
Current Price ?
₹39.8
P/E ?
21.54above ind
Industry P/E ?
20.50
P/B ?
3.56
P/S ?
0.91
P/FCF ?
-1,181.79
Enterprise Value ?
₹1,567 Cr
EV/EBITDA ?
12.78
PEG ?
0.40
Earnings Yield ?
7.0%
Dividend Yield ?
0.05%
Profitability & Returns
Sales (TTM) ?
₹1,292 Cr
OPM ?
9.5%
Profit after tax (TTM) ?
₹55 Cr
EPS (TTM) ?
₹1.85
ROCE ?
18.0%
ROE ?
16.5%
ROA ?
4.5%
Growth
Sales — latest qtr ?
₹360 Cr
PAT — latest qtr ?
₹14 Cr
YoY qtr sales growth ?
13.7%
YoY qtr profit growth ?
25.6%
Sales growth (3y) ?
23%
Sales growth (5y) ?
32%
Profit growth (3y) ?
54%
Profit growth (5y) ?
79%
Financial Health
Debt ?
₹385 Cr
Debt to Equity ?
1.16
Interest Coverage ?
1.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
66.50%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
7.1%
Return 6 months ?
45.6%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 364201199181237229238270324276317350265316360 +13.7% +14.0%
Operating Profit 1469111212131515162126282940 +88.2% +35.9%
Other Income 011021122310211 -49.1% +3.0%
Interest 2344451077241710101418 +7.1% +28.8%
Depreciation 312222422952335 -9.4% +46.4%
Profit Before Tax 9345761388302014161318 -12.3% +39.3%
Net Profit 10226126788101114151214 +25.6% +14.9%
EPS 4.491.010.872.474.102.302.671.442.863.413.554.725.174.010.47 -86.8% -88.3%
OPM % 3.8% 3.0% 4.5% 6.1% 5.1% 5.1% 5.5% 5.6% 4.6% 5.8% 6.6% 7.4% 10.6% 9.2% 11.0% +66.7% +19.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,061 Cr ₹1,208 Cr ₹1,292 Cr +13.9%
Operating Profit ₹55 Cr ₹91 Cr ₹123 Cr +66.5%
OPM % 5.15% 7.53% 9.49% +46.2%
NPM % 2.74% 4.14% 4.25% +51.1%
Other Income ₹6 Cr ₹7 Cr ₹4 Cr +2.1%
Depreciation ₹10 Cr ₹19 Cr ₹13 Cr +86.9%
Interest ₹28 Cr ₹60 Cr ₹52 Cr +112.8%
EBIT ₹44 Cr ₹72 Cr ₹110 Cr +61.9%
PBT ₹35 Cr ₹80 Cr ₹61 Cr +125.5%
Tax ₹0 Cr ₹0 Cr ₹5 Cr -27.3%
Net Profit ₹29 Cr ₹50 Cr ₹55 Cr +72.1%
EPS ₹9.27 ₹16.85 ₹14.37 +81.8%
Material Cost ₹436 Cr ₹317 Cr ₹899 Cr -27.3%
Employee Cost ₹14 Cr ₹9 Cr ₹29 Cr -34.9%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 2426303030 -1.0%
Reserves 111154226270302 +11.9%
Borrowings 85103192236385 +63.3%
Other Liabilities 39131189393505 +28.6%
Total Liabilities 2594146369291,223 +31.6%
Fixed Assets 921039991156 +71.7%
CWIP 020166 -62.4%
Investments 33323349 +48.9%
Other Assets 1643065067881,011 +28.3%
Total Assets 2594146369291,223 +31.6%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 598 —
Trade Receivables 246 —
Trade Payables 466 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -61-10-8724 +127.6%
Cash from Investing Activity -38-20-7-25 -257.1%
Cash from Financing Activity 9826942 -97.9%
Net Cash Flow -1-4-01 —
Free Cash Flow -101-21-91-1 +98.9%
CFO/OP -324%-26%-158%27% +117.1%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity -47 —
Cash from Investing Activity -25 —
Cash from Financing Activity 76 —
Net Cash Flow 4 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 30445849 -15.5%
Inventory Days 4684123181 +47.2%
Days Payable 9284944 -10.2%
Cash Conversion Cycle 67100131186 +42.0%
Working Capital Days 29394878 +62.5%
ROCE % 10%14%14%18% +28.6%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 66.50%66.50%66.50%66.50% +0.0%
FIIs 0.00%0.00%0.00%0.01% —
DIIs 0.00%0.00%0.36%0.00% -100.0%
Public 33.50%33.50%33.14%33.49% +1.1%
No. of Shareholders 1,0961,1851,7541,683 -4.0%

⚖️ 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 KAMDHENU Kamdhenu ₹42.92 1,210 14.1 781 86 12.9% 11.0% 2.1% 30.0% 8.7% 38.1%
❓ Frequently asked questions
What was Mangalam Worldwide Limited's revenue in Q2 FY27?
Mangalam Worldwide Limited reported revenue of ₹360 crore for the quarter ended September 2026 (Q2 FY27), up 13.7% from ₹317 crore in the same quarter last year, and up 14.0% sequentially over the June 2026 quarter.
What was Mangalam Worldwide Limited's net profit in Q2 FY27?
Net profit rose 25.6% year-on-year to ₹14 crore, from ₹11 crore. Earnings per share (EPS) came in at ₹0.47.
What is MWL's market capitalisation and P/E ratio?
At the current price of ₹39.79, MWL has a market capitalisation of ₹1,182 crore and a trailing P/E of about 21.5.
Who owns Mangalam Worldwide Limited? (shareholding pattern)
As of Mar 2026, promoters held 66.50%, foreign institutional investors (FIIs) 0.01%, domestic institutional investors (DIIs) 0.00%, public shareholders 33.49% of Mangalam Worldwide Limited.
TTM ends 2026-09-30. 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