Mangalam Worldwide FY26 net profit rises 70% to ₹50.05 crore

2 min read     Updated on 27 Jun 2026, 04:29 PM
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AI Summary

Mangalam Worldwide Limited reported a 70% increase in net profit to ₹50.05 crore for FY26, driven by higher revenue which rose to ₹1,207.98 crore. The board recommended a final dividend of ₹0.30 per share and appointed internal and cost auditors for the upcoming fiscal year. The company also successfully issued ₹50 crore worth of non-convertible debentures at a 9.75% coupon rate and proposed a direct listing on the BSE.

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Mangalam Worldwide Limited reported a net profit of ₹50.05 crore for the financial year ended March 31, 2026, marking an increase from ₹29.42 crore in the previous year. Revenue from operations for the year stood at ₹1,207.98 crore, compared to ₹1,060.71 crore in FY25. The board of directors, in its meeting held on April 29, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Financial Performance

The company’s profit for the quarter ended March 31, 2026, was ₹15.38 crore, up from ₹13.26 crore in the same quarter of the previous year. Total income for the quarter rose to ₹26,650.51 lakh from ₹26,495.10 lakh in the corresponding period last year. For the full year, total income increased to ₹1,21,498.55 lakh from ₹1,06,603.19 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹16.85 from ₹10.27 in the previous year.

Dividend and Appointments

The board recommended a final dividend of ₹0.30 per equity share, representing 3% of the face value of ₹10 per share, for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the board appointed M/s. S S Rawat & Co. as the internal auditor and M/s. V. M. Patel & Associates as the cost auditor for the financial year 2026-27.

Capital Structure and Governance

The board approved a proposal for the direct listing of the company on the Main Board of BSE Limited, subject to regulatory approvals. On the recommendation of the Nomination and Remuneration Committee, the board approved the change in designation of Mr. Chanakya Prakash Mangal from Managing Director to Director (Non-Executive Non-Independent Director) effective April 29, 2026.

Debt Issuance and Utilization

During the year, the company issued 50,000 rated, listed, senior, secured, transferable, redeemable, non-convertible debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹50 crore. The NCDs carry a coupon rate of 9.75% per annum, payable quarterly from the date of allotment on March 17, 2026. Acuite Ratings & Research Limited assigned a rating of ‘ACUITE A+’ with a Stable Outlook to the debentures. The issue proceeds have been fully utilized with no material deviation from the stated objects.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh)
Revenue from Operations 1,20,798.06 1,06,070.94
Total Income 1,21,498.55 1,06,603.19
Total Expenses 1,16,424.56 1,03,846.99
Net Profit 5,004.69 2,941.48
Earnings Per Share (Basic) 16.85 10.27

The statutory auditors, M/s. Keyur Shah & Co., issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Historical Stock Returns for Mangalam Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+1.33%-1.18%+37.96%+132.10%+266.65%

What is the expected timeline for the direct listing on the BSE Main Board, and how will the proceeds be utilized?

How will the change in leadership from Managing Director to Non-Executive Director impact the company's strategic direction?

What are the primary growth drivers that will sustain the revenue and profit momentum in FY27?

Mangalam Global Enterprise board to consider loan conversion

0 min read     Updated on 23 Jun 2026, 07:19 PM
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Ashish TScanX News Team
AI Summary

Mangalam Global Enterprise Limited has called a board meeting for June 26, 2026, to consider an enabling resolution for converting outstanding secured and unsecured loans into equity shares under Section 62(3) of the Companies Act, 2013. The proposal is subject to shareholder and other regulatory approvals.

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Mangalam Global Enterprise Limited has scheduled a board meeting on June 26, 2026, to consider converting outstanding secured and unsecured loans into equity shares, a move that could alter the company's capital structure. The board will discuss an enabling resolution pursuant to Section 62(3) of the Companies Act, 2013, and SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. This conversion requires approval from shareholders and other regulatory bodies.

The meeting will be held pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agenda includes the consideration of this specific resolution and any other business matters that may arise before the board.

Key Agenda Items

Agenda Item Details
Loan Conversion Consider enabling resolution for conversion of secured/unsecured loans/debt into equity shares
Regulatory Basis Section 62(3) of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018
Approvals Required Shareholder approval and other regulatory consents

The company secretary, Karansingh I. Karki, confirmed the intimation to the exchanges. The filing was submitted to the National Stock Exchange of India Limited and BSE Limited on June 23, 2026.

Historical Stock Returns for Mangalam Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
-0.28%+1.33%-1.18%+37.96%+132.10%+266.65%

How will the conversion of debt to equity impact the company's earnings per share and existing shareholder dilution?

What is the current debt-to-equity ratio, and how significantly will this conversion improve the company's leverage position?

Who are the primary lenders holding the secured and unsecured loans, and will they gain significant control over the company post-conversion?

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