
About Mangalam Timber Products Ltd
Data last updated:
Mangalam Timber Products Ltd is a public limited company based in Nabarangpur, Odisha, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 27 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L02001OR1982PLC001101. Its GSTIN is 21AABCM5187C1ZV (Odisha). The company holds 10 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 31 Mar 2022 · merger, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹18.33 Cr. It is led by directors including Vishwanath Chandak and Siddhartha Roy.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Vill: Kusumi Po: & Distt: Nabarangpur, Odisha, India – 764059.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.77 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹18.8 Cr (net margin -277.6%) and EBITDA of -₹13.27 Cr (EBITDA margin -195.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 601% over five years.
The company has about 152 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mangalam Timber. As per MCA filings, the company has open charges of ₹156.77 Cr and satisfied charges of ₹77.46 Cr on record. Court records list 118 cases involving the company, including 85 filed by the company and 33 filed against it; 31 cases are pending. The company has 88 deals on record (88 market trades); the latest was in January 2022. Its 4 peer companies in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 2 smaller; the largest is Patel Wood Products Limited with revenue of ₹6.82 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangalamtimber.com.
Company details
Contact details
Mangalam Timber Products Ltd's registered office is in Nabarangpur, Odisha. Its website is mangalamtimber.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVill: Kusumi Po: & Distt: Nabarangpur, Odisha, India – 764059
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Mangalam Timber Products Ltd, buy the company report.
- 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
Brands
Mangalam Timber Products operates one associated brand: Mangalam Timber. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Laminated wood plywood is manufactured by Mangalam Timber in India. | mangalamtimber.com |
Business activity
The main business activity of Mangalam Timber Products is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Mangalam Timber Products Ltd, buy the company report.
Financials of Mangalam Timber Products Ltd
FY 2021 filings availableMangalam Timber Products Ltd reported revenue of ₹6.77 Cr (up 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 601% over five years, including 42% growth in the latest year. EBITDA fell 54% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹13.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -195.9% | ||||
| Net Profit Margin | -277.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mangalam Timber Products Ltd, buy the company report.
Board of directors of Mangalam Timber Products Ltd
Mangalam Timber Products has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Chandak Also directs: Eastern Textiles Pvt Ltd, Astha Business Private Limited, Dialnet Communications Limited and 1 more | Director | 03 Jul 2017 | 9 Years 4 Months | Current |
| Siddhartha Roy | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Prabhat Kumar Also directs: Kurma Trading Private Limited | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Vidula Jalan | Director | 29 Jun 2005 | 21 Years 4 Months | Current |
| Anand Daga Also directs: Mangalam Cement Ltd, Associated Tar & Refractories Pvt Ltd, Associated Savings Pvt Ltd and 2 more | Director | 08 Dec 2010 | 15 Years 11 Months | Current |
| Leena Ghosh | Director | 12 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Mangalam Timber Products Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patel Wood Products Limited | ₹6.82 Cr (FY 2018) | -42.0% | Delhi, India | |||
| Trishul Plywood Private Limited | ₹6.8 Cr (FY 2024) | 3.0% | Punjab, India | |||
| Mangalam Timber Products Ltdthis company | ₹6.77 Cr (FY 2021) | -₹18.8 Cr | -277.6% | 42.0% | 152 | Nabarangpur, Odisha, India |
| Cochin Shell Products India Private Limited | ₹6.75 Cr (FY 2025) | 129.0% | Kasaragod, Kerala, India | |||
| Holzwood Industries Private Limited | ₹6.67 Cr (FY 2021) | 1278.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mangalam Timber Products Ltd, buy the company report.
Auditor
Mangalam Timber Products Ltd is audited by MANISH GOYAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH GOYAL & ASSOCIATES | FY 2021 | 007152C |
Shareholding
The shareholding of Mangalam Timber Products Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mangalam Timber Products Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2021 | 100462195 | Others | ₹1.8 Cr | Open | |
| 10 Sep 2020 | 100369910 | Idbi Bank Limited | ₹50 Lakh | Open | |
| 06 Jun 2020 | 100367442 | State Bank of India | ₹7.5 Cr | Open | |
| 19 Sep 2016 | 100052840 | Others | ₹18.6 Cr | Open | |
| 26 Sep 2008 | 10125914 | State Bank of India | ₹19.7 Cr | Open |
To see the full charge records of Mangalam Timber Products Ltd, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Mangalam Timber Products Ltd has 88 deals on record (88 market trades); the latest was in January 2022.
Deals on record (5 of 88)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Market trade | ₹46 Lakh | Seller: Globe Capital Market Limited |
| Jul 2021 | Market trade | ₹1.48 Cr | Buyer: Rambara Trading Private Limited Seller: Sanghai Commercial & Credits Pvt Ltd , Multi Realtors Private Limited , Devang Consultancy Services Private Limited |
| Jun 2019 | Market trade | ₹1.01 Cr | Buyer: Multi Realtors Private Limited , Am Professional Services Private Limited , Devang Consultancy Services Private Limited Seller: Vidula Consultancy Services Limited |
| May 2019 | Market trade | ₹1.42 Cr | Buyer: Vidula Consultancy Services Limited , Dhan Stock and Share Brokers Private Limited Seller: Cygnet Industries Limited , Manav Investment and Trading Company Ltd , Antriksh Vyapaar Ltd. |
| Apr 2019 | Market trade | ₹1.14 Cr | Buyer: Trendz Investments Private Limited, an individual Seller: Antriksh Vyapaar Ltd. , Sanghai Commercial & Credits Pvt Ltd |
To see the full deal history of Mangalam Timber Products Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mangalam Timber Products Ltd has 118 court cases on record: 85 filed by Mangalam Timber Products, 33 filed against it. 31 cases are pending and 87 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 65 | 17 | 22 |
| High courts | 43 | 12 | 6 |
| Supreme Court | 7 | 4 | 1 |
| NCLAT | 3 | 0 | 2 |
Cases on record (5 of 118)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Archdeep Interiors Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Twenty First Century Offices Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ina India Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Furniture World Pvt.Ltd. and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.M.A) | Filed by the company against M/S Triveni Turbine Limited | Disposed |
To see the full case history of Mangalam Timber Products Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Mangalam Timber Products Ltd was last rated by Care on 05 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2021 |
To see the full credit ratings and regulatory alerts of Mangalam Timber Products Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangalam Timber Products Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mangalam Timber Products Ltd has a workforce of 152 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 152 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Mangalam Timber Products Ltd, buy the company report.
GST
Mangalam Timber Products has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCM5187C1ZV | Odisha | Active | 01 Jul 2017 |
| 19AABCM5187C1ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangalam Timber Products Ltd, buy the company report.
Recent activity
Mangalam Timber Products Ltd has 26 board changes on record since 1985: 16 appointments and 10 cessations. The latest: Prabhat Kumar was appointed as Director on 01 Apr 2020.
68 earlier events are in the company report.
Frequently asked questions
Mangalam Timber Products is an active public limited company based in Nabarangpur, Odisha, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 27 August 1982 (44+ years old) and is registered under CIN L02001OR1982PLC001101.
Mangalam Timber Products has 6 current directors:
- Vishwanath Chandak - Director
- Siddhartha Roy - Director
- Prabhat Kumar - Director
- Vidula Jalan - Director
- Anand Daga - Director
- Leena Ghosh - Director
The latest financial statements of Mangalam Timber Products on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalam Timber Products is 21AABCM5187C1ZV, registered in Odisha. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 19AABCM5187C1ZG (West Bengal).
The CIN (Corporate Identification Number) of Mangalam Timber Products is L02001OR1982PLC001101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangalam Timber Products is recorded as a listed company by MCA, but its shares were delisted from BSE on 31 Mar 2022 · merger, and no longer trade on a stock exchange.
Mangalam Timber Products has 118 court cases on record: 85 filed by the company and 33 filed against it. 31 are pending. Most are in the district courts.
Mangalam Timber Products was incorporated on 27 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Cuttack.
Mangalam Timber Products has 88 deals on record (88 market trades); the latest was in January 2022.
The peers of Mangalam Timber Products by revenue are Patel Wood Products Limited, Trishul Plywood Private Limited, Cochin Shell Products India Private Limited, Holzwood Industries Private Limited, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Prabhat Kumar was appointed as Director on 01 Apr 2020. Siddhartha Roy was appointed as Director on 01 Apr 2020. Nand Khaitan ceased to be Director on 31 Mar 2020. Mangalam Timber Products has 26 board changes on record in total.

