| Annual Financials | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 122 | 219 | 358 | 452 | 551 | 549 |
| Expenses | 109 | 198 | 310 | 407 | 467 | 468 |
| EBITDA | 14 | 22 | 48 | 45 | 84 | 81 |
| Operating Profit % | 10 % | 9 % | 13 % | 9 % | 15 % | 14 % |
| Depreciation | 3 | 3 | 4 | 4 | 5 | 5 |
| Interest | 9 | 10 | 11 | 13 | 15 | 16 |
| Profit Before Tax | 1 | 8 | 33 | 28 | 64 | 60 |
| Tax | 0 | 2 | 8 | 7 | 16 | 15 |
| Net Profit | 1 | 6 | 25 | 21 | 47 | 45 |
| EPS in ₹ | 0.74 | 4.19 | 12.07 | 10.22 | 23.08 | 21.20 |
Mangal Electrical Industries
Mangal Electrical Industries
399.60
-3.40
(-0.84%)
Market Cap
₹1,104.10 Cr
PE Ratio
26.98
Volume
58,820.00
Day High - Low
₹408.00 - ₹396.55
52W High-Low
₹573.70 - ₹401.50
Key Fundamentals
Market Cap
1,104.10 Cr
EPS
23.08
PB Ratio
2.13
Book Value
204.02
EBITDA
83.80
Dividend Yield
0.00 %
Industry
Capital Goods Sector
Other Electrical Equipment ROE Growth %
-
Debt to Equity
0.87
Actual
Company News
View All News
Mangal Electrical Industries Limited's monitoring agency CARE Ratings reported no material deviation from the stated objectives in the utilization of Rs. 400 crore IPO proceeds for the quarter ended September 30, 2025. The company has utilized Rs. 180.61 crore across various objectives including loan repayments (Rs. 75.32 crore), working capital requirements (Rs. 38.15 crore), general corporate purposes (Rs. 44.43 crore), capital expenditure (Rs. 0.27 crore), and issue-related expenses (Rs. 22.44 crore), with Rs. 219.39 crore remaining unutilized.
Mangal Electrical Industries Reports Mixed Q2 Results with Revenue Growth but Profit Decline
Nov 09, 2025
Nov 09, 2025Mangal Electrical Industries reported quarterly net profit of 133 million rupees compared to 143 million rupees in the same period last year. Revenue increased to 1.54 billion rupees from 1.33 billion rupees year-over-year. EBITDA declined to 218.4 million rupees from 239.5 million rupees, while EBITDA margin compressed to 14.15% from 18.05% in the previous year.
Mangal Electrical Industries Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported revenue from operations of Rs 15,432.85 lakhs for the quarter, compared to Rs 8,966.00 lakhs in the previous quarter. Profit for the quarter stood at Rs 1,358.06 lakhs versus Rs 1,773.35 lakhs in the prior quarter. The company completed its Initial Public Offering during the quarter, issuing 71,30,124 equity shares at Rs 561 per share (including premium of Rs 551), raising total proceeds of Rs 40,000.00 lakhs. From the IPO proceeds, Rs 18,061.16 lakhs have been utilized and Rs 21,938.84 lakhs remain unutilized. The company's equity shares were listed on NSE and BSE on August 28, 2025. Cash and cash equivalents increased significantly to Rs 10,318.80 lakhs from Rs 43.96 lakhs in the previous year, primarily due to IPO proceeds.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,172.50 | #1 91,140.59 | 33.31 | 14,846.10 | 27.62 | #1 1,928 | 133.75 | 38.31 | |
975.70 | 43,982.06 | 37.83 | 6,652.10 | 109.76 | 937 | 71.64 | 38.78 | |
9,159.50 | 36,792.17 | 39.43 | #1 18,680.60 | 15.07 | 821 | 29.81 | 56.97 | |
217.26 | 15,041.89 | 43.66 | 2,360.30 | 147.31 | 369 | - | - | |
315.35 | 9,590.16 | 22.24 | 2,524.60 | 98.10 | 295 | 72.08 | 41.27 | |
261.50 | 9,458.90 | 29.30 | 3,459.50 | 37.06 | 140 | #1 1,636.49 | 18.25 | |
968.70 | 6,462.58 | 77.10 | 1,115.20 | 26.44 | 63 | 42.86 | 37.68 | |
411.10 | 5,225.29 | #1 17.08 | 2,192.50 | 99.83 | 214 | 36.39 | 34.33 | |
2,544.40 | 5,170.00 | 34.58 | 998.10 | #1 158.71 | 159 | -84.86 | 36.17 | |
4,134.00 | 4,729.38 | 27.56 | 639.60 | 56.11 | 147 | 40.37 | - |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
21.88 %
Net Income Growth
126.32 %
Cash Flow Change
-182.30 %
ROE
60.10 %
ROCE
47.47 %
EBITDA Margin (Avg.)
51.95 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 185 | 242 | 221 | 247 | 367 |
| Fixed Assets | 30 | 34 | 34 | 40 | 40 |
| Current Assets | 139 | 191 | 178 | 193 | 300 |
| Capital Work in Progress | 0 | 0 | 0 | 2 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 155 | 207 | 187 | 205 | 318 |
| Total Liabilities | 185 | 242 | 221 | 247 | 367 |
| Current Liabilities | 81 | 113 | 82 | 111 | 191 |
| Non Current Liabilities | 58 | 59 | 46 | 21 | 14 |
| Total Equity | 47 | 69 | 94 | 115 | 162 |
| Reserve & Surplus | 33 | 49 | 74 | 95 | 142 |
| Share Capital | 15 | 15 | 15 | 15 | 21 |
Cash Flow
| Cash Flow | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | -1 | 1 | -2 | 6 | -7 |
| Investing Activities | -1 | -10 | -2 | 4 | -13 | -18 |
| Operating Activities | -16 | -1 | 37 | 27 | 37 | -30 |
| Financing Activities | 17 | 9 | -33 | -34 | -18 | 42 |
Share Holding
| % Holding | Dec 2024 | Jun 2025 | Aug 2025 | Sept 2025 |
| Promoter | 100.00 % | 74.19 % | 74.19 % | 74.44 % |
| FIIs | 0.00 % | 4.12 % | 4.12 % | 2.39 % |
| DIIs | 0.00 % | 8.64 % | 8.64 % | 6.68 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 11.71 % | 11.71 % | 12.39 % |
| Others | 0.00 % | 1.34 % | 1.34 % | 4.09 % |
| No of Share Holders | 7 | 98,961 | 7 | 65,101 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 16 Sept 2025 |  Quarterly Result Announcement | NA | 16 Sept 2025 | 542.80 | 538.25 |
| 08 Nov 2025 | Quarterly Result Announcement | NA | 08 Nov 2025 | 467.15 | 477.10 |
Announcements
Statement Of Deviation(S) Or Variation(S) For The Quarter Ended September 30 2025 Under Regulation 32(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Nov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 10, 2025
Nov 10, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 09, 2025
Nov 09, 2025Unaudited Financial Results (Standalone) For The Quarter And Half Year Ended September 30 2025.Nov 08, 2025
Nov 08, 2025Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Of Mangal Electrical Industries LimitedNov 08, 2025
Nov 08, 2025Board Meeting Intimation for Inter Alia To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025.Oct 31, 2025
Oct 31, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 10, 2025
Oct 10, 2025Closure of Trading WindowSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 16, 2025
Sep 16, 2025Unaudited Financial Results (Standalone) For The Quarter Ended June 30 2025.Sep 16, 2025
Sep 16, 2025Board Meeting Outcome for Outcome Of The Meeting Of Board Of DirectorsSep 16, 2025
Sep 16, 2025Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter Ended June 30 2025.Sep 09, 2025
Sep 09, 2025Appointment of Company Secretary and Compliance OfficerAug 28, 2025
Aug 28, 2025Intimation Pursuant To Regulation 8(1) And 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations 2015Aug 28, 2025
Aug 28, 2025Intimation Under Regulation 7(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 28, 2025
Aug 28, 2025Intimation Under Regulation 30 (5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements Regulations) 2015Aug 28, 2025
Aug 28, 2025Closure of Trading WindowAug 28, 2025
Aug 28, 2025Listing of Equity Shares of Mangal Electrical Industries LtdAug 28, 2025
Aug 28, 2025Technical Indicators
RSI(14)
Neutral 29.44
ATR(14)
Less Volatile 14.57
STOCH(9,6)
Oversold 6.06
STOCH RSI(14)
Oversold 8.14
MACD(12,26)
Bearish -4.01
ADX(14)
Weak Trend 22.96
UO(9)
Bullish 22.99
ROC(12)
Downtrend And Accelerating -12.78
WillR(14)
Oversold -95.61
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