Mangal Electrical Industries Limited

BSE: 544492 NSE: MEIL
Mangal Electrical Industries Limited - metal & minerals in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN L31909RJ2008PLC026255 Incorporated 01 April 2008 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Listed - NSE: MEIL · BSE: 544492 Public Limited Company metal and minerals
Data last updated
Market Cap
₹684 Cr
MEIL · NSE
Share Price
₹246.90
-0.28% today
Revenue
₹580 Cr
FY 2025-26 · +5.6% YoY
EBITDA
₹68.35 Cr
Margin 11.8%
Net Profit
₹42.54 Cr
FY 2025-26 · -10.0% YoY
P/E (TTM)
14.6x
P/B 1.2x
ROE
11.5%
ROCE 14.7%
Debt / Equity
0.26
Interest cover 18.6x

About Mangal Electrical Industries Limited

Data last updated:

Mangal Electrical Industries Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.

Its director Ashish Mangal and family are #1,374 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L31909RJ2008PLC026255. Its GSTIN is 08AAFCM4722P1Z1 (Rajasthan). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544492 and NSE: MEIL.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹27.63 Cr. It is led by directors including Rahul Mangal (Managing Director) and Ram Karan Aameria.

Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C – 61 (A&B) Road No. 1 – C, V.K.I. Area Jaipur Rajasthan In – 302013, Rajasthan, India – 302013.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹579.68 Cr, a growth of 5.6% compared to the previous year. For the same year it recorded a net profit of ₹42.54 Cr (net margin 7.3%) and EBITDA of ₹68.35 Cr (EBITDA margin 11.8%). The net worth stands at ₹590.37 Cr (up 264.1% YoY). Total assets are valued at ₹637.99 Cr (up 103.5% YoY).

The company has about 651 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mangal Electrical Industries. As per MCA filings, the company has open charges of ₹183.61 Cr and satisfied charges of ₹267.6 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 8 deals on record (3 secondary share transfers, 2 funding rounds, 2 market trades), with disclosed funding of ₹37.4 Cr; the latest was in January 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangals.com.

Company details

CIN L31909RJ2008PLC026255
Registration Number 026255
Incorporation Date 01 April 2008
ROC Jaipur
Listing Status Listed - Listed on NSE (MEIL); Listed on BSE (544492)
Company Status Active
Date of Last AGM 08 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Mangal Electrical Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31909RJ2008PLC026255, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31909RJ2008PLC026255Current
U31909RJ2008PTC026255Previous
U31909RJ2008PLC026255Previous
Key People
Rahul Mangal Managing Director Ram Karan Aameria Director Sumer Singh Poonia Director

Recognitions & Rankings of Mangal Electrical Industries

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Mangal Electrical Industries Limited's registered office is in Jaipur, Rajasthan. Its website is mangals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mangals.com
  • Social Media
  • Registered Address
    C – 61 (A&B) Road No. 1 – C, V.K.I. Area Jaipur Rajasthan In – 302013, Rajasthan, India – 302013
  • Industry
    Metal & Minerals, Metalworking

To see the full contact details of Mangal Electrical Industries Limited, buy the company report.

Comprehensive company report
Mangal Electrical Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Mangal Electrical Industries operates one associated brand: Mangal Electrical Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Mangal Electrical Industries
CRGO and transformer accessories are provided for engineering solutions.mangals.com

Business activity

The main business activity of Mangal Electrical Industries is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Mangal Electrical Industries Limited, buy the company report.

Financials of Mangal Electrical Industries Limited

FY 2025-26 filings available

Mangal Electrical Industries Limited reported revenue of ₹579.68 Cr (up 5.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹580 Cr
+5.6% YoY
EBITDA
₹68.35 Cr
-16.5% YoY
Profit After Tax
₹42.54 Cr
-10.0% YoY
Net Worth
₹590 Cr
+264.1% YoY
Total Assets
₹638 Cr
+103.5% YoY
Total Debt
₹45.43 Cr
-69.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue580549449354218121208
Revenue growth+5.6%+22.2%+26.9%+62.2%+80.5%-41.8%-
EBITDA68.3581.8442.6344.4320.5912.4514.15
EBITDA margin+11.8%+14.9%+9.5%+12.5%+9.4%+10.3%+6.8%
Profit before tax58.1263.7128.1132.878.021.124.61
Net profit42.5447.2920.9124.706.071.072.94
Net profit margin+7.3%+8.6%+4.7%+7.0%+2.8%+0.9%+1.4%
EPS (₹)15.6223.0814.4517.064.190.742.03
Balance sheet
Total assets638314209192138153134
Net worth59016211593.9753.0746.9945.93
Total debt45.4314992.1296.6483.3010687.99
Cash & bank90.920.447.040.7114.980.047.63
Net working capital492247156149105107101
Cash flow
Cash from operations(101)(30.09)36.5627.3936.52(0.54)(15.88)
Cash from investing(158)(18.33)(12.63)4.25(1.94)(9.71)(0.91)
Cash from financing26441.82(17.60)(33.72)(33.16)9.0516.92
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12617915615489.66153149133
Revenue growth (YoY)+40.3%+17.2%+4.6%+16.3%-21.6%---
Other income1.813.012.741.310.250.420.380.64
Total expenses11516213713279.69130125109
EBITDA11.1317.6618.8821.859.9722.5924.0823.95
EBITDA margin+8.8%+9.8%+12.1%+14.2%+11.1%+14.8%+16.1%+18.0%
Depreciation0.991.641.741.341.211.251.171.29
Interest1.861.821.883.993.942.964.874.23
Profit before tax10.0917.2118.0017.835.0718.8018.4219.07
Tax2.584.464.624.521.344.884.784.79

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12617915615489.66153149133
Revenue growth (YoY)+40.3%+17.2%+4.6%+16.3%-21.6%---
Other income1.813.012.741.310.250.420.380.64
Total expenses11516213713279.69130125109
EBITDA11.1317.6618.8821.859.9722.5924.0823.95
EBITDA margin+8.8%+9.8%+12.1%+14.2%+11.1%+14.8%+16.1%+18.0%
Depreciation0.991.641.741.341.211.251.171.29
Interest1.861.821.883.993.942.964.874.23
Profit before tax10.0917.2118.0017.835.0718.8018.4219.07
Tax2.584.464.624.521.344.884.784.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue580549449354218121208
Revenue growth+5.6%+22.2%+26.9%+62.2%+80.5%-41.8%-
Other income7.311.972.653.500.991.123.86
Total expenses511467407310198109194
Employee cost25.7520.7517.0213.2010.567.8312.12
EBITDA68.3581.8442.6344.4320.5912.4514.15
EBITDA margin+11.8%+14.9%+9.5%+12.5%+9.4%+10.3%+6.8%
Depreciation5.924.924.083.723.303.293.80
Interest11.6215.1813.0911.3410.269.169.60
Profit before tax58.1263.7128.1132.878.021.124.61
Tax14.9516.407.168.131.960.051.67
Net profit42.5447.2920.9124.706.071.072.94
Net profit margin+7.3%+8.6%+4.7%+7.0%+2.8%+0.9%+1.4%
EPS (₹)15.6223.0814.4517.064.190.742.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital27.6320.5014.5014.5014.5014.5014.50
Reserves & surplus56314294.4973.4738.5732.4931.43
Shareholders' funds (net worth)59016211593.9753.0746.9945.93
Secured loans36.9777.2542.1269.8552.0749.6836.68
Unsecured loans8.4671.8750.0026.7931.2356.5251.31
Total debt45.4314992.1296.6483.3010687.99
Total liabilities638314209192138153134
Assets
Gross block11478.9474.4664.7657.4153.5452.52
Net block69.6039.4739.7633.9230.9730.4032.47
Capital work in progress9.598.901.620.000.390.000.00
Investments0.000.000.000.000.000.000.00
Inventories19214882.9181.8864.9863.7244.40
Sundry debtors20412988.3587.4467.1367.3698.30
Cash & bank balances90.920.447.040.7114.980.047.63
Loans & advances73.4221.4514.877.557.577.444.39
Total current assets561300193178155139155
Total current liabilities69.0752.9037.4628.8249.4431.9654.13
Net working capital492247156149105107101
Total assets638314209192138153134
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.447.040.712.790.041.237.50
Net cash from operating activities(101)(30.09)36.5627.3936.52(0.54)(15.88)
Net cash from investing activities(158)(18.33)(12.63)4.25(1.94)(9.71)(0.91)
Net cash from financing activities26441.82(17.60)(33.72)(33.16)9.0516.92
Net change in cash5.35(6.60)6.33(2.08)1.43(1.19)0.13
Closing cash90.920.447.040.7114.980.047.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.6%+22.2%+26.9%+62.2%+80.5%-41.8%-
EBITDA growth-16.5%+92.0%-4.1%+115.8%+65.4%-12.0%-
PBT growth-8.8%+126.7%-14.5%+309.9%+616.1%-75.7%+9997.0%
Net income growth-10.0%+126.2%-15.3%+306.9%+467.3%-63.6%-
Revenue CAGR (3Y)+17.8%+36.0%+54.9%+19.5%---
EBITDA CAGR (3Y)+15.4%+58.4%+50.7%+46.4%---
Profitability & leverage
Net income margin+7.5%+8.6%+4.7%+7.0%+2.8%+0.9%+1.4%
Return on capital employed+14.7%+30.2%+20.5%+26.8%+12.6%+7.2%+10.6%
Return on net worth+11.5%+34.1%+20.1%+33.7%+12.1%+2.3%+6.4%
Debt / equity0.260.870.901.221.892.091.92
Long-term debt / equity0.020.110.270.490.931.191.16
Interest cover18.6119.7333.9627.8659.34100.0092.75
Efficiency & per share
Fixed asset turnover6.007.166.465.803.942.283.96
Inventory turnover3.414.755.464.833.392.244.68
Debtors turnover3.475.055.114.583.251.462.11
EPS (₹)15.6223.0814.4517.064.190.742.03
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)213.6779.1075.1660.6736.6032.4131.67

To see the full year-wise statements and ratios of Mangal Electrical Industries Limited, buy the company report.

Board of directors of Mangal Electrical Industries Limited

Mangal Electrical Industries has 10 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ram Karan AameriaDirector25 Sep 20242 Years 1 MonthsCurrent
Sumer Singh Poonia
Also directs: Dynamic Cables Limited
Director25 Mar 20197 Years 7 MonthsCurrent
Ashish Mangal
Also directs: Shiv Kripa Pipes LLP, Krishan Kripa Holiday Resorts LLP, Dynamic Cables Limited and 5 more
Director01 Apr 200818 Years 7 MonthsCurrent
Aniketa Mangal
Also directs: Tech Mangal Private Limited
Director01 Sep 20224 Years 2 MonthsCurrent
Apaar Kasliwal
Also directs: Arps Solutions LLP, Landmark Insurance Brokers Private Limited
Director25 Sep 20242 Years 1 MonthsCurrent
Sandeep PurohitDirector25 Sep 20242 Years 1 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Mangal Electrical Industries Limited is audited by A Bafna & Co. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
A Bafna & Co.FY 2025003660C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 74.80%, foreign institutional investors hold 1.30%, domestic institutional investors hold 4.30% and retail and other public shareholders hold 19.60%.

Promoters: 74.80%DII (Domestic Institutional): 4.30%FII (Foreign Institutional): 1.30%Retail & Others: 19.60%
Sep 2026
QUARTER
74.80% Promoters
4.30% DII (Domestic Institutional)
1.30% FII (Foreign Institutional)
19.60% Retail & Others
Promoter holding - history
Now 74.80% · Sep 2026High 74.80% · Mar 2026Low 74.40% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.40%Mar 2026: 74.80%Jun 2026: 74.80%Sep 2026: 74.80%74.80%74.40%74.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.80%74.80%74.80%74.40%
Public25.20%25.20%25.20%25.60%

Charges & borrowings

Open charges
₹183.61 Cr
Satisfied charges
₹267.6 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹175.46 Cr
Sidbi₹7.41 Cr
Others₹0.72 Cr
Axis Bank Limited₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2026101263669Others₹14.5 LakhOpen
05 Mar 2026101256267Others₹27 LakhOpen
30 Jan 2026101231239Hdfc Bank Limited₹85 CrOpen
16 Sep 2023100789513Others₹21.89 LakhOpen
08 Sep 2023100778848Hdfc Bank Limited₹49.86 LakhOpen

To see the full charge records of Mangal Electrical Industries Limited, buy the company report.

Total charge records: 46 View all charges

Deals & funding

Mangal Electrical Industries Limited has 8 deals on record (3 secondary share transfers, 2 funding rounds, 2 market trades), with disclosed funding of ₹37.4 Cr; the latest was in January 2026.

Total deals
8
Secondary share transfers
3
Funding rounds
2
Market trades
2
IPO
1
Disclosed funding
₹37.4 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Jan 2026Market trade₹6.18 CrSeller: Marwadi Chandarana Intermediaries Brokers Private Limited
Aug 2025Market trade₹58.18 CrBuyer: Marwadi Chandarana Intermediaries Brokers Private Limited , Graviton Research Capital LLP , L7 Hitech Private Limited , an individual
Seller: Graviton Research Capital LLP , Junomoneta Finsol Private Limited , Marwadi Chandarana Intermediaries Brokers Private Limited , an individual
Aug 2025IPO₹400 CrInvestors: IPO Shareholders - Mangal Electrical Industries Limited, Abakkus Diversified Alpha Fund, Lc Pharos Multi Strategy Fund Vcc-Lc Pharos Multi Strategy Fund Sf 1
May 2024Funding round₹29.4 CrInvestors: 3 individuals
Oct 2015Secondary share transferUndisclosedBuyer: Rahul Mangal Huf
Seller: 2 individuals

To see the full deal history of Mangal Electrical Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mangal Electrical Industries Limited was last rated by Care on 10 Apr 2023.

Rating agencyRated onRating
Care10 Apr 2023

To see the full credit ratings and regulatory alerts of Mangal Electrical Industries Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mangal Electrical Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mangal Electrical Industries Limited has a workforce of 651 employees on its EPFO records as of Oct 08, 2025, across 2 active EPFO establishments.

Employee count
651
Active EPFO establishments
2
Employee growth
13.41%

GST

Mangal Electrical Industries has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
08AAFCM4722P1Z1RajasthanActive01 Jul 2017
08AAFCM4722P2Z0RajasthanActive30 May 2024
08AAFCM4722P1DARajasthanActive28 Nov 2024
09AAFCM4722P1ZZUttar PradeshActive26 Jun 2020

To see the full GST registrations and return filing status of Mangal Electrical Industries Limited, buy the company report.

Recent activity

Mangal Electrical Industries Limited has 16 board changes on record since 2008: 10 appointments and 6 cessations. The latest: Apaar Kasliwal was appointed as Director on 25 Sep 2024.

Filing
Mangal Electrical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101263669 was registered on 20 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101256267 was registered on 05 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 85.00 Cr with Charge ID 101231239 was registered on 30 Jan 2026.
Charges
A charge registered on 31 Aug 2022 via Charge ID 100612793 with Hdfc Bank Limited was fully satisfied on 05 Dec 2025.
Charges
A charge registered on 11 Jul 2024 via Charge ID 100957187 with State Bank Of India was fully satisfied on 24 Nov 2025.
Charges
A charge registered on 11 Nov 2021 via Charge ID 100497103 with Sidbi was fully satisfied on 18 Sep 2025.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100424701 with Sidbi was fully satisfied on 18 Sep 2025.
AGM
Mangal Electrical Industries Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records.
Charges
A charge registered on 15 Nov 2017 via Charge ID 100134952 with Sidbi was fully satisfied on 05 May 2025.
Charges
A charge registered on 24 Dec 2019 via Charge ID 100310170 with Sidbi was fully satisfied on 15 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 89.66 Cr registered on 01 Oct 2013 with Charge ID 10452350 was modified on 25 Feb 2025.

108 earlier events are in the company report.

News

MEIL: Q2 SL NET PROFIT 110M RUPEES VS 133M (YOY); Q2 REVENUE 1.68B RUPEES VS 1.54B (YOY); Q2 EBITDA 154M RUPEES VS 218.4M (YOY); Q2 EBITDA MARGIN 9.15% VS 14.15% (YOY)
31 Oct 2026 · Exchange Update
Mangal Electrical Industries: Names Rohit Pokharna As New CFO.
16 Sep 2026 · Exchange Update

Frequently asked questions

Mangal Electrical Industries is an active public limited company based in Jaipur, Rajasthan, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 01 April 2008 (18+ years old) and is registered under CIN L31909RJ2008PLC026255. Listed on BSE: 544492 and NSE: MEIL.

Mangal Electrical Industries reported revenue of ₹579.68 Cr for FY 2025-26 (up 5.6% YoY) based on standalone financials.

Mangal Electrical Industries has 10 current directors:

The latest financial statements of Mangal Electrical Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mangal Electrical Industries is 08AAFCM4722P1Z1, registered in Rajasthan. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAFCM4722P2Z0 (Rajasthan), 08AAFCM4722P1DA (Rajasthan), 09AAFCM4722P1ZZ (Uttar Pradesh).

The CIN (Corporate Identification Number) of Mangal Electrical Industries is L31909RJ2008PLC026255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mangal Electrical Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 544492) and NSE (symbol: MEIL).

Mangal Electrical Industries has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Mangal Electrical Industries was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.

Mangal Electrical Industries has 8 deals on record (3 secondary share transfers, 2 funding rounds, 2 market trades), with disclosed funding of ₹37.4 Cr; the latest was in January 2026.