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

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


























