Manglam Infra wins Rs 1.05 crore MPRRDA order

Manglam Infra & Engineering Limited has secured consultancy orders worth Rs 1,05,30,600 from the Madhya Pradesh Rural Road Development Authority (MPRRDA). The projects involve Detailed Project Report (DPR) consultancy for bridge construction works under the Kshatigrast Bridge Nirman Yojana across four districts in the state. The orders were disclosed to the National Stock Exchange of India Ltd. on June 6, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company received four separate Letters of Award (LOA) for DPR consultancy services. The projects are located in the districts of Dhar, Narmadapuram, Pandhurna, and Bhopal. All four orders have been awarded by a domestic entity and are to be executed within a period of three months.

Project Breakdown

The following table details the specific packages and their respective values:

S.No.	Particulars	Total Amount
1.	Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 3-Brg. District Dhar (Nodal PIU- Dhar-1)	Rs. 26,06,250
2.	Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 16-Brg. District Narmadapuram (Nodal PIU- Narmadapuram)	Rs.21,34,350
3.	Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 12-Brg. District Pandhurna (Nodal PIU- Pandhurna)	Rs.27,88,000
4.	Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 18-Brg. District Bhopal (Nodal PIU- Bhopal)	Rs.30,02,000
Total		Rs. 1,05,30,600

Key Disclosures

The orders were awarded under General Contract Conditions. The disclosure confirms that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the orders. Furthermore, the orders do not fall within related party transactions. The filing was signed by Neha Jain, Company Secretary & Compliance Officer of Manglam Infra & Engineering Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.61%	-5.61%	-20.88%	-34.39%	-42.27%	-87.96%

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.