Mangalam Worldwide FY26 net profit rises 70% to ₹50.05 crore
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































