Manglam Infra & Engineering reports FY26 net profit of Rs 313.89 lakh

2 min read     Updated on 01 Jun 2026, 11:24 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Manglam Infra & Engineering Limited reported a net profit of Rs 313.89 lakh for FY26, up from Rs 293.25 lakh in FY25, with revenue from operations at Rs 3,486.92 lakh. The Board approved the audited standalone financial results on May 30, 2026, confirming no deviation in IPO fund utilisation, with Rs 2,755.41 lakh of the Rs 2,761.92 lakh raised utilised as of March 31, 2026. The statutory auditor issued an unmodified opinion, while flagging the absence of asset tags and a related-party interest income compliance issue.

powered bylight_fuzz_icon
41881007

*this image is generated using AI for illustrative purposes only.

Manglam Infra & Engineering Limited reported a net profit of Rs 313.89 lakh for the financial year ended March 31, 2026, reflecting an increase from Rs 293.25 lakh in the previous year. Revenue from operations for the period stood at Rs 3,486.92 lakh, while total revenue reached Rs 3,603.95 lakh. The company's Board of Directors approved the audited standalone financial results for the half year and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

The company's profit before tax for FY26 was Rs 421.16 lakh, compared to Rs 400.16 lakh in the prior year. Total expenses for the year amounted to Rs 3,182.79 lakh, lower than the Rs 4,225.20 lakh reported in FY25. For the half year ended March 31, 2026, the company recorded a net profit of Rs 159.83 lakh on revenue from operations of Rs 2,186.23 lakh. The following table summarises the key financial metrics for FY26 against FY25:

Metric: FY26 (Rs. in lacs) FY25 (Rs. in lacs)
Revenue from Operations: 3,486.92 4,518.16
Total Revenue: 3,603.95 4,625.36
Total Expenses: 3,182.79 4,225.20
Profit Before Tax: 421.16 400.16
Net Profit: 313.89 293.25
Basic EPS (Rs.): 1.78 1.84

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at Rs 6,177.48 lakh, with total liabilities at Rs 6,177.47 lakh. Shareholders' equity, comprising share capital and reserves, totaled Rs 4,740.39 lakh. The company reported a net cash outflow from operating activities of Rs 676.54 lakh for the year, while investing activities yielded a net inflow of Rs 781.64 lakh. Cash and cash equivalents at the end of the year were Rs 13.38 lakh.

IPO Fund Utilisation

The company confirmed that there was no deviation in the utilisation of proceeds from its Initial Public Offering (IPO) raised in FY 2024-25. The table below details the object-wise utilisation of IPO proceeds as of March 31, 2026:

Object: Proposed Utilisation (Rs. in lacs) Amount Utilised (Rs. in lacs) Unutilised (Rs. in lacs)
Meet Working Capital Requirements: 1,935.00 1,935.00 0.00
General Corporate Purposes: 496.87 496.87 0.00
Share Issue Expenses: 330.05 323.54 6.51
Total: 2,761.92 2,755.41 6.51

The remaining balance of Rs 6.51 lakh is earmarked for share issue expenses to be spent in FY 2026-27.

Auditor's Report and Compliance

The statutory auditor, Rahul Somya & Company, issued an audit report with an unmodified opinion on the standalone financial results. The auditor noted that the internal auditor was unable to carry out physical verification of fixed assets due to the absence of asset tags. Additionally, the company did not provide for interest income on loans and advances given to a related party, Architecturne Atel'ie Art Plyuss, which constitutes a violation of Section 185 of the Companies Act, 2013. The trading window for dealing in the company's securities will reopen on June 02, 2026.

Historical Stock Returns for Manglam Infra & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.44%+7.24%-25.95%-41.65%-86.08%

How will the company address the internal control weaknesses identified by the auditor regarding fixed asset verification?

What steps will Manglam Infra take to rectify the violation of Section 185 related to unprovided interest income?

With the IPO proceeds fully utilized, what are the primary funding sources for future growth initiatives?

Manglam Infra & Engineering
View Company Insights
View All News
like20
dislike

Manglam Infra & Engineering Secures ₹77.1 Million Contract

1 min read     Updated on 18 Aug 2025, 04:47 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Manglam Infra & Engineering has won a new contract worth ₹77.1 million (₹7.71 crore). The infrastructure and engineering company's latest order is expected to boost its order book and future revenue. While specific project details are undisclosed, this contract win demonstrates the company's market competitiveness and growth potential in India's crucial infrastructure sector.

powered bylight_fuzz_icon
17061462

*this image is generated using AI for illustrative purposes only.

Manglam Infra & Engineering , a company operating in the infrastructure and engineering sector, has announced a significant development in its business operations. The company has successfully secured a new order valued at ₹77.1 million.

Contract Details

The newly acquired contract, worth ₹77.1 million (equivalent to ₹7.71 crore), represents a notable achievement for Manglam Infra & Engineering. While specific details about the nature of the project or the client have not been disclosed, this order is expected to contribute positively to the company's order book and future revenue streams.

Company Overview

Manglam Infra & Engineering is positioned in the infrastructure and engineering sector, a crucial industry for India's economic development. The company's ability to secure substantial contracts like this one demonstrates its competitiveness in the market and its potential for growth.

Market Implications

This new order could be seen as a positive indicator for Manglam Infra & Engineering's business prospects. For investors and market watchers, such contract wins often signal the company's operational capabilities and its standing within the industry.

The infrastructure and engineering sector in India continues to be a vital component of the country's economic growth strategy. Companies like Manglam Infra & Engineering play a significant role in executing various projects that contribute to the nation's development.

As the company moves forward with this new project, stakeholders will likely be keen to observe its execution and the impact on the company's financial performance in the coming quarters.

Historical Stock Returns for Manglam Infra & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.44%+7.24%-25.95%-41.65%-86.08%
Manglam Infra & Engineering
View Company Insights
View All News
like19
dislike
1 Year Returns:-41.65%