
About Mangalam Worldwide Limited
Data last updated:
Mangalam Worldwide Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L27100GJ1995PLC028381. Its GSTIN is 24AABCT3020F1Z0 (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544764 and NSE: MWL.
The company has an authorised share capital of ₹44.53 Cr and a paid-up capital of ₹29.7 Cr. It was formerly known as Mangalam Worldwide Private Limited and Temchem Exports Privatelimited. It is led by directors including Chandragupt Prakash Mangal (Managing Director) and Vipin Prakash Mangal (Managing Director).
Its last annual general meeting (AGM) was held on 30 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,207.98 Cr, a growth of 13.9% compared to the previous year. For the same year it recorded a net profit of ₹50.08 Cr (net margin 4.1%) and EBITDA of ₹91.16 Cr (EBITDA margin 7.5%). The net worth stands at ₹299.69 Cr (up 17.1% YoY). Total assets are valued at ₹543.78 Cr (up 19.5% YoY).
The company has about 84 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Mangalam Tubicore and Group Mangalam. As per MCA filings, the company has open charges of ₹421.52 Cr and satisfied charges of ₹13.77 Cr on record. Court records list 14 cases involving the company, including 8 filed by the company and 6 filed against it; 5 cases are pending. The company has 15 deals on record (6 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in January 2026. Its 8 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Steel Exchange India Limited with revenue of ₹1,093.26 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 groupmangalam.com.
Company details
Name history
Mangalam Worldwide has undergone 3 name changes throughout its history. The company was previously known as Mangalam Worldwide Private Limited, Temchem Exports Privatelimited, and Hindprakash Exim Private Limited. The current legal name is Mangalam Worldwide Limited.
| Company Name | Status |
|---|---|
| Mangalam Worldwide Limited | Current |
| Mangalam Worldwide Private Limited | Previous |
| Temchem Exports Privatelimited | Previous |
| Hindprakash Exim Private Limited | Previous |
CIN history
Mangalam Worldwide has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27100GJ1995PLC028381, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27100GJ1995PLC028381 | Current |
| U27100GJ1995PLC028381 | Previous |
| U51500GJ1995PTC028381 | Previous |
| U27100GJ1995PTC028381 | Previous |
Contact details
Mangalam Worldwide Limited's registered office is in Ahmedabad, Gujarat. Its website is groupmangalam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address102 Mangalam Corporate House 42 Shrimali Society Netaji Marg Mithakhali Navran, Gpura, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Mangalam Worldwide Limited, 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 Worldwide operates two associated brands: Mangalam Tubicore and Group Mangalam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of stainless steel welded pipes & tubes | mangalamtubicore.com | |
| Vertically integrated operations in castor and cotton are maintained. | groupmangalam.com |
Business activity
The main business activity of Mangalam Worldwide is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mangalam Worldwide Limited, buy the company report.
Financials of Mangalam Worldwide Limited
FY 2025-26 filings availableMangalam Worldwide Limited reported revenue of ₹1,207.98 Cr (up 13.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 1,208 | 1,061 | 818 | 644 | 523 | 303 |
| Revenue growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | - |
| EBITDA | 91.16 | 54.95 | 38.48 | 19.15 | 11.54 | 5.77 |
| EBITDA margin | +7.6% | +5.2% | +4.7% | +3.0% | +2.2% | +1.9% |
| Profit before tax | 50.85 | 29.51 | 20.46 | 15.65 | 18.58 | 3.65 |
| Net profit | 50.08 | 27.62 | 21.65 | 13.73 | 5.62 | 2.71 |
| Net profit margin | +4.2% | +2.6% | +2.7% | +2.1% | +1.1% | +0.9% |
| EPS (₹) | 16.87 | 9.93 | 8.39 | 7.03 | 6.88 | 134.25 |
| Balance sheet | ||||||
| Total assets | 544 | 455 | 290 | 225 | 92.62 | 30.32 |
| Net worth | 300 | 256 | 180 | 135 | 45.48 | 12.83 |
| Total debt | 236 | 192 | 103 | 84.79 | 46.92 | 17.47 |
| Cash & bank | 6.44 | 5.91 | 2.58 | 5.03 | 5.30 | 0.85 |
| Net working capital | 406 | 322 | 174 | 125 | 41.44 | 22.51 |
| Cash flow | ||||||
| Cash from operations | 24.25 | (86.70) | (10.00) | (61.31) | 1.59 | 5.57 |
| Cash from investing | (25.49) | (7.43) | (20.22) | (37.88) | (40.33) | (1.23) |
| Cash from financing | 1.94 | 94.04 | 26.41 | 98.04 | 43.19 | (3.67) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 316 | 265 | 350 | 317 | 276 | 324 | 270 |
| Revenue growth (YoY) | +13.7% | +14.7% | -18.2% | +29.8% | +33.4% | +20.3% | - | - |
| Other income | 0.66 | 0.64 | 1.56 | 0.37 | 1.41 | 3.67 | 2.37 | 1.98 |
| EBITDA | 39.51 | 29.09 | 27.74 | 26.24 | 20.82 | 16.04 | 15.13 | 15.17 |
| EBITDA margin | +11.0% | +9.2% | +10.5% | +7.5% | +6.6% | +5.8% | +4.7% | +5.6% |
| Depreciation | 4.56 | 3.11 | 2.55 | 2.57 | 2.61 | 2.42 | 2.30 | 2.15 |
| Interest | 17.89 | 13.88 | 10.33 | 9.79 | 9.27 | 7.43 | 6.86 | 6.98 |
| Profit before tax | 17.72 | 12.74 | 16.42 | 14.25 | 10.35 | 9.86 | 8.34 | 8.02 |
| Tax | 3.91 | 0.70 | 1.05 | 0.15 | (0.21) | (0.27) | (0.13) | (0.05) |
| Net profit | 13.81 | 12.04 | 15.37 | 14.10 | 10.56 | 10.13 | 8.47 | 8.07 |
| EPS (₹) | 0.47 | 4.01 | 5.17 | 4.74 | 3.55 | 3.41 | 2.85 | 1.44 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,208 | 1,061 | 818 | 644 | 523 | 303 | 327 |
| Revenue growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | -7.3% | - |
| EBITDA | 90.20 | 53.99 | 37.49 | 18.52 | 11.52 | 5.77 | 2.05 |
| EBITDA margin | +7.5% | +5.1% | +4.6% | +2.9% | +2.2% | +1.9% | +0.6% |
| Profit before tax | 50.74 | 29.41 | 20.32 | 15.57 | 18.56 | 3.65 | 1.86 |
| Net profit | 50.02 | 27.56 | 19.92 | 13.20 | 5.60 | 2.71 | 1.37 |
| Net profit margin | +4.1% | +2.6% | +2.4% | +2.1% | +1.1% | +0.9% | +0.4% |
| EPS (₹) | 16.85 | 9.90 | 7.73 | 6.81 | 6.88 | 134.18 | 68.44 |
| Balance sheet | |||||||
| Total assets | 530 | 441 | 276 | 214 | 92.57 | 28.97 | 29.09 |
| Net worth | 291 | 248 | 172 | 129 | 45.48 | 12.82 | 10.13 |
| Total debt | 236 | 192 | 102 | 84.71 | 46.88 | 16.13 | 18.95 |
| Cash & bank | 6.35 | 5.90 | 2.45 | 4.96 | 5.25 | 0.83 | 0.17 |
| Net working capital | 405 | 323 | 176 | 127 | 41.38 | 22.48 | 22.73 |
| Cash flow | |||||||
| Cash from operations | 23.80 | (86.59) | (11.51) | (60.93) | 1.58 | 5.60 | (15.11) |
| Cash from investing | (25.12) | (7.44) | (18.78) | (38.30) | (41.65) | 0.10 | 0.04 |
| Cash from financing | 1.93 | 94.05 | 26.43 | 98.05 | 44.49 | (5.04) | 15.14 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 316 | 265 | 350 | 317 | 276 | 324 | 270 |
| Revenue growth (YoY) | +13.7% | +14.7% | -18.2% | +29.8% | +33.4% | +20.3% | - | - |
| Other income | 0.66 | 0.64 | 1.55 | 0.37 | 1.41 | 3.67 | 2.37 | 1.98 |
| Total expenses | 321 | 288 | 237 | 324 | 297 | 260 | 309 | 255 |
| EBITDA | 39.27 | 28.52 | 27.49 | 25.99 | 20.58 | 15.80 | 14.91 | 14.93 |
| EBITDA margin | +10.9% | +9.0% | +10.4% | +7.4% | +6.5% | +5.7% | +4.6% | +5.5% |
| Depreciation | 4.34 | 2.90 | 2.34 | 2.35 | 2.40 | 2.21 | 2.08 | 1.94 |
| Interest | 17.89 | 13.88 | 10.33 | 9.79 | 9.27 | 7.43 | 6.86 | 6.98 |
| Profit before tax | 17.70 | 12.38 | 16.37 | 14.22 | 10.32 | 9.83 | 8.34 | 7.99 |
| Tax | 3.87 | 0.61 | 1.00 | 0.18 | (0.22) | (0.28) | (0.14) | (0.05) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 316 | 265 | 350 | 317 | 276 | 324 | 270 |
| Revenue growth (YoY) | +13.7% | +14.7% | -18.2% | +29.8% | +33.4% | +20.3% | - | - |
| Other income | 0.66 | 0.64 | 1.56 | 0.37 | 1.41 | 3.67 | 2.37 | 1.98 |
| EBITDA | 39.51 | 29.09 | 27.74 | 26.24 | 20.82 | 16.04 | 15.13 | 15.17 |
| EBITDA margin | +11.0% | +9.2% | +10.5% | +7.5% | +6.6% | +5.8% | +4.7% | +5.6% |
| Depreciation | 4.56 | 3.11 | 2.55 | 2.57 | 2.61 | 2.42 | 2.30 | 2.15 |
| Interest | 17.89 | 13.88 | 10.33 | 9.79 | 9.27 | 7.43 | 6.86 | 6.98 |
| Profit before tax | 17.72 | 12.74 | 16.42 | 14.25 | 10.35 | 9.86 | 8.34 | 8.02 |
| Tax | 3.91 | 0.70 | 1.05 | 0.15 | (0.21) | (0.27) | (0.13) | (0.05) |
| Net profit | 13.81 | 12.04 | 15.37 | 14.10 | 10.56 | 10.13 | 8.47 | 8.07 |
| EPS (₹) | 0.47 | 4.01 | 5.17 | 4.74 | 3.55 | 3.41 | 2.85 | 1.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 1,208 | 1,061 | 818 | 644 | 523 | 303 |
| Revenue growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | - |
| Other income | 7.01 | 7.18 | 4.36 | 5.60 | 10.45 | 0.15 |
| Total expenses | 1,117 | 1,006 | 780 | 625 | 511 | 297 |
| Employee cost | 35.32 | 28.54 | 18.18 | 12.13 | 5.72 | 3.77 |
| EBITDA | 91.16 | 54.95 | 38.48 | 19.15 | 11.54 | 5.77 |
| EBITDA margin | +7.6% | +5.2% | +4.7% | +3.0% | +2.2% | +1.9% |
| Depreciation | 10.15 | 8.61 | 7.25 | 5.43 | 1.14 | 0.03 |
| Interest | 37.17 | 24.01 | 15.13 | 3.67 | 2.27 | 2.24 |
| Profit before tax | 50.85 | 29.51 | 20.46 | 15.65 | 18.58 | 3.65 |
| Tax | 0.73 | (0.01) | (2.52) | (1.94) | 6.19 | 0.94 |
| Net profit | 50.08 | 27.62 | 21.65 | 13.73 | 5.62 | 2.71 |
| Net profit margin | +4.2% | +2.6% | +2.7% | +2.1% | +1.1% | +0.9% |
| EPS (₹) | 16.87 | 9.93 | 8.39 | 7.03 | 6.88 | 134.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 29.70 | 29.70 | 26.00 | 24.50 | 18.01 | 0.20 |
| Reserves & surplus | 270 | 226 | 144 | 111 | 27.47 | 12.63 |
| Shareholders' funds (net worth) | 300 | 256 | 180 | 135 | 45.48 | 12.83 |
| Minority interest | 5.78 | 5.74 | 5.69 | 4.54 | 0.01 | 0.01 |
| Secured loans | 233 | 176 | 99.68 | 78.81 | 40.19 | 6.12 |
| Unsecured loans | 3.23 | 16.16 | 2.84 | 5.98 | 6.73 | 11.35 |
| Total debt | 236 | 192 | 103 | 84.79 | 46.92 | 17.47 |
| Total liabilities | 544 | 455 | 290 | 225 | 92.62 | 30.32 |
| Assets | ||||||
| Gross block | 159 | 153 | 150 | 131 | 84.18 | 2.45 |
| Net block | 94.78 | 98.95 | 103 | 91.74 | 51.33 | 2.33 |
| Capital work in progress | 16.36 | 0.00 | 1.60 | 0.00 | 0.02 | 0.00 |
| Investments | 29.59 | 31.65 | 3.33 | 3.33 | 3.70 | 4.90 |
| Inventories | 464 | 282 | 146 | 64.52 | 34.88 | 25.43 |
| Sundry debtors | 162 | 167 | 99.18 | 53.13 | 15.47 | 9.54 |
| Cash & bank balances | 6.44 | 5.91 | 2.58 | 5.03 | 5.30 | 0.85 |
| Loans & advances | 151 | 40.50 | 49.07 | 31.67 | 9.63 | 3.83 |
| Total current assets | 784 | 495 | 296 | 154 | 65.28 | 39.65 |
| Total current liabilities | 378 | 173 | 122 | 29.40 | 23.84 | 17.14 |
| Net working capital | 406 | 322 | 174 | 125 | 41.44 | 22.51 |
| Total assets | 544 | 455 | 290 | 225 | 92.62 | 30.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 0.26 | 0.35 | 4.15 | 5.30 | 0.85 | 0.18 |
| Net cash from operating activities | 24.25 | (86.70) | (10.00) | (61.31) | 1.59 | 5.57 |
| Net cash from investing activities | (25.49) | (7.43) | (20.22) | (37.88) | (40.33) | (1.23) |
| Net cash from financing activities | 1.94 | 94.04 | 26.41 | 98.04 | 43.19 | (3.67) |
| Net change in cash | 0.69 | (0.09) | (3.80) | (1.15) | 4.45 | 0.67 |
| Closing cash | 6.44 | 5.91 | 2.58 | 5.03 | 5.30 | 0.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | - |
| EBITDA growth | +65.9% | +42.8% | +100.9% | +65.9% | +100.0% | - |
| PBT growth | +72.3% | +44.2% | +30.7% | -15.8% | +409.0% | +9997.0% |
| Net income growth | +81.3% | +27.6% | +57.7% | +144.3% | +107.4% | - |
| Revenue CAGR (3Y) | +23.3% | +26.6% | +39.2% | - | - | - |
| EBITDA CAGR (3Y) | +68.2% | +68.2% | +88.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +4.2% | +2.8% | +2.8% | +2.7% | +2.4% | +0.9% |
| Return on capital employed | +17.8% | +14.6% | +14.1% | +10.1% | +17.4% | +19.4% |
| Return on net worth | +18.1% | +13.5% | +14.6% | +15.6% | +19.3% | +21.0% |
| Debt / equity | 0.77 | 0.67 | 0.59 | 0.73 | 1.10 | 1.36 |
| Long-term debt / equity | 0.20 | 0.07 | 0.11 | 0.09 | 0.00 | 0.00 |
| Interest cover | 45.88 | 51.81 | 48.45 | 26.75 | 21.83 | 39.02 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 7.75 | 7.01 | 5.83 | 5.99 | 12.08 | 123.74 |
| Inventory turnover | 3.24 | 4.96 | 7.79 | 12.97 | 17.34 | 11.92 |
| Debtors turnover | 7.35 | 7.97 | 10.74 | 18.79 | 41.83 | 31.78 |
| EPS (₹) | 16.87 | 9.93 | 8.39 | 7.03 | 6.88 | 134.25 |
| Dividend per share (₹) | 0.30 | 0.20 | 1.00 | 1.00 | 1.00 | 0.20 |
| Book value per share (₹) | 100.90 | 86.17 | 65.57 | 55.14 | 25.26 | 637.22 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 316 | 265 | 350 | 317 | 276 | 324 | 270 |
| Revenue growth (YoY) | +13.7% | +14.7% | -18.2% | +29.8% | +33.4% | +20.3% | - | - |
| Other income | 0.66 | 0.64 | 1.55 | 0.37 | 1.41 | 3.67 | 2.37 | 1.98 |
| Total expenses | 321 | 288 | 237 | 324 | 297 | 260 | 309 | 255 |
| EBITDA | 39.27 | 28.52 | 27.49 | 25.99 | 20.58 | 15.80 | 14.91 | 14.93 |
| EBITDA margin | +10.9% | +9.0% | +10.4% | +7.4% | +6.5% | +5.7% | +4.6% | +5.5% |
| Depreciation | 4.34 | 2.90 | 2.34 | 2.35 | 2.40 | 2.21 | 2.08 | 1.94 |
| Interest | 17.89 | 13.88 | 10.33 | 9.79 | 9.27 | 7.43 | 6.86 | 6.98 |
| Profit before tax | 17.70 | 12.38 | 16.37 | 14.22 | 10.32 | 9.83 | 8.34 | 7.99 |
| Tax | 3.87 | 0.61 | 1.00 | 0.18 | (0.22) | (0.28) | (0.14) | (0.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,208 | 1,061 | 818 | 644 | 523 | 303 | 327 |
| Revenue growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | -7.3% | - |
| Other income | 7.00 | 7.18 | 4.36 | 5.56 | 10.45 | 0.15 | 0.97 |
| Total expenses | 1,118 | 1,007 | 781 | 626 | 512 | 297 | 325 |
| Employee cost | 35.32 | 28.54 | 18.18 | 12.13 | 5.72 | 3.77 | 1.68 |
| EBITDA | 90.20 | 53.99 | 37.49 | 18.52 | 11.52 | 5.77 | 2.05 |
| EBITDA margin | +7.5% | +5.1% | +4.6% | +2.9% | +2.2% | +1.9% | +0.6% |
| Depreciation | 9.30 | 7.76 | 6.40 | 4.85 | 1.14 | 0.03 | 0.03 |
| Interest | 37.16 | 24.00 | 15.13 | 3.66 | 2.27 | 2.24 | 1.13 |
| Profit before tax | 50.74 | 29.41 | 20.32 | 15.57 | 18.56 | 3.65 | 1.86 |
| Tax | 0.70 | 0.00 | 0.22 | (1.13) | 6.19 | 0.94 | 0.49 |
| Net profit | 50.02 | 27.56 | 19.92 | 13.20 | 5.60 | 2.71 | 1.37 |
| Net profit margin | +4.1% | +2.6% | +2.4% | +2.1% | +1.1% | +0.9% | +0.4% |
| EPS (₹) | 16.85 | 9.90 | 7.73 | 6.81 | 6.88 | 134.18 | 68.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 29.70 | 29.70 | 26.00 | 24.50 | 18.01 | 0.20 | 0.20 |
| Reserves & surplus | 262 | 218 | 136 | 104 | 27.47 | 12.62 | 9.93 |
| Shareholders' funds (net worth) | 291 | 248 | 172 | 129 | 45.48 | 12.82 | 10.13 |
| Secured loans | 233 | 176 | 99.68 | 78.81 | 0.00 | 6.12 | 10.46 |
| Unsecured loans | 3.17 | 16.10 | 2.77 | 5.90 | 46.88 | 10.01 | 8.49 |
| Total debt | 236 | 192 | 102 | 84.71 | 46.88 | 16.13 | 18.95 |
| Total liabilities | 530 | 441 | 276 | 214 | 92.57 | 28.97 | 29.09 |
| Assets | |||||||
| Gross block | 140 | 134 | 131 | 112 | 84.18 | 1.13 | 1.08 |
| Net block | 84.52 | 87.85 | 91.07 | 78.93 | 51.33 | 1.01 | 1.00 |
| Capital work in progress | 16.36 | 0.00 | 1.60 | 0.00 | 0.02 | 0.00 | 0.00 |
| Investments | 29.91 | 31.98 | 3.65 | 3.65 | 3.71 | 4.91 | 4.90 |
| Inventories | 459 | 282 | 146 | 64.52 | 34.88 | 25.43 | 33.32 |
| Sundry debtors | 162 | 167 | 99.18 | 52.18 | 15.47 | 9.54 | 11.58 |
| Cash & bank balances | 6.35 | 5.90 | 2.45 | 4.96 | 5.25 | 0.83 | 0.17 |
| Loans & advances | 156 | 42.16 | 50.71 | 34.74 | 9.62 | 3.82 | 7.39 |
| Total current assets | 783 | 497 | 298 | 156 | 65.22 | 39.62 | 52.46 |
| Total current liabilities | 378 | 174 | 122 | 28.91 | 23.84 | 17.14 | 29.73 |
| Net working capital | 405 | 323 | 176 | 127 | 41.38 | 22.48 | 22.73 |
| Total assets | 530 | 441 | 276 | 214 | 92.57 | 28.97 | 29.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.25 | 0.22 | 4.08 | 5.26 | 0.83 | 0.17 | 0.10 |
| Net cash from operating activities | 23.80 | (86.59) | (11.51) | (60.93) | 1.58 | 5.60 | (15.11) |
| Net cash from investing activities | (25.12) | (7.44) | (18.78) | (38.30) | (41.65) | 0.10 | 0.04 |
| Net cash from financing activities | 1.93 | 94.05 | 26.43 | 98.05 | 44.49 | (5.04) | 15.14 |
| Net change in cash | 0.61 | 0.03 | (3.86) | (1.17) | 4.42 | 0.66 | 0.07 |
| Closing cash | 6.35 | 5.90 | 2.45 | 4.96 | 5.25 | 0.83 | 0.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.9% | +29.7% | +26.9% | +23.2% | +72.5% | -7.3% | - |
| EBITDA growth | +67.1% | +44.0% | +102.4% | +60.8% | +99.7% | +181.5% | - |
| PBT growth | +72.5% | +44.7% | +30.5% | -16.1% | +408.5% | +96.2% | +447.1% |
| Net income growth | +81.5% | +38.4% | +50.9% | +135.7% | +106.6% | +97.8% | - |
| Revenue CAGR (3Y) | +23.3% | +26.6% | +39.2% | +25.4% | +147.3% | +113.0% | - |
| EBITDA CAGR (3Y) | +69.5% | +67.4% | +86.6% | +108.3% | +513.1% | +560.8% | - |
| Profitability & leverage | |||||||
| Net income margin | +4.1% | +2.8% | +2.5% | +2.6% | +2.4% | +0.9% | +0.4% |
| Return on capital employed | +18.1% | +14.9% | +14.5% | +10.3% | +17.6% | +20.3% | +14.8% |
| Return on net worth | +18.6% | +14.0% | +13.4% | +15.2% | +19.3% | +23.5% | +14.6% |
| Debt / equity | 0.79 | 0.70 | 0.62 | 0.76 | 1.08 | 1.53 | 1.15 |
| Long-term debt / equity | 0.20 | 0.08 | 0.12 | 0.10 | 0.00 | 0.00 | 0.00 |
| Interest cover | 45.93 | 51.91 | 48.67 | 26.77 | 21.87 | 39.02 | 55.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 8.82 | 8.02 | 6.74 | 6.57 | 12.26 | 274.35 | 308.42 |
| Inventory turnover | 3.26 | 4.96 | 7.79 | 12.97 | 17.34 | 10.32 | 19.62 |
| Debtors turnover | 7.35 | 7.97 | 10.81 | 19.05 | 41.83 | 28.71 | 41.81 |
| EPS (₹) | 16.85 | 9.90 | 7.73 | 6.81 | 6.88 | 134.18 | 68.44 |
| Dividend per share (₹) | 0.30 | 0.20 | 1.00 | 1.00 | 1.00 | 0.20 | 0.20 |
| Book value per share (₹) | 98.10 | 83.38 | 62.40 | 52.49 | 25.25 | 637.14 | 503.14 |
To see the full year-wise statements and ratios of Mangalam Worldwide Limited, buy the company report.
Board of directors of Mangalam Worldwide Limited
Mangalam Worldwide has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chanakya Prakash Mangal | Director | 15 Nov 2013 | 12 Years 11 Months | Current |
| Pritu Gupta Also directs: Shagun Marbles Private Limited | Director | 21 Feb 2022 | 4 Years 8 Months | Current |
| Chandragupt Prakash Mangal | Managing Director | 18 Jan 2016 | 10 Years 9 Months | Current |
| Vipin Prakash Mangal | Managing Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Mohit Kailash Agrawal | Whole-Time Director | 06 Aug 2022 | 4 Years 2 Months | Current |
| Susanta Kumar Panda Also directs: Vishal Fabrics Limited, Tiger Logistics (India) Limited, Shanti Educational Initiatives Limited and 4 more | Director | 28 Jun 2025 | 1 Years 3 Months | Current |
Peer comparison
Mangalam Worldwide Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangalam Worldwide Limitedthis company | ₹1,207.98 Cr (FY 2026) | ₹50.08 Cr | 4.1% | 13.9% | 84 | Ahmedabad, Gujarat, India |
| Steel Exchange India Limited | ₹1,093.26 Cr (FY 2024) | -22.0% | Hyderabad, Telangana, India | |||
| Shri Lakshmi Metal Udyog Limited | ₹1,081.94 Cr (FY 2022) | 48.0% | Delhi, India | |||
| Jr Metal Chennai Limited | ₹1,080.2 Cr (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Agni Steels Private Limited | ₹1,079.79 Cr (FY 2025) | 2.0% | Erode, Tamil Nadu, India | |||
| Sakthi Steel Industries Limited | ₹1,065.79 Cr (FY 2025) | -4.0% | Chennai, Tamil Nadu, India | |||
| Rama Steel Tubes Limited | ₹1,064.82 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Vandana Global Limited | ₹1,061.45 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Bombay Coated and Special Steels Limited | ₹1,058.65 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mangalam Worldwide Limited, buy the company report.
Auditor
Mangalam Worldwide Limited is audited by Keyur Shah & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Keyur Shah & Co. | FY 2024 | 141173W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 66.50%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 33.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 66.50% | 66.50% | 66.50% | 66.50% |
| Public | 33.50% | 33.50% | 33.50% | 33.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2026 | 101301984 | Others | ₹50 Cr | Open | |
| 02 Apr 2026 | 101277475 | Others | ₹50 Cr | Open | |
| 10 Nov 2025 | 101181846 | Hdfc Bank Limited | ₹45.32 Lakh | Open | |
| 10 Sep 2025 | 101165061 | Others | ₹20 Cr | Open | |
| 10 Jun 2025 | 101118817 | Indian Bank | ₹21.5 Cr | Open |
To see the full charge records of Mangalam Worldwide Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Mangalam Worldwide Limited has 15 deals on record (6 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in January 2026.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Market trade | ₹2.06 Cr | Seller: Namokar Capital Private Limited |
| Dec 2023 | Market trade | ₹3.58 Cr | Buyer: Parilay Global Enterprise Private Limited Seller: Parilay Global Enterprise Private Limited , 2 individuals |
| Jul 2022 | IPO | ₹65.58 Cr | Investors: IPO Shareholders - Mangalam Worldwide Limited, Sunrise Gilts & Securities Private Limited , 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Hindprakash Global Private Limited , an individual |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: O P V P Mangal HUF, Omprakash Mangal HUF, 2 individuals Seller: Shirshak Enterprises Private Limited , 3 individuals |
To see the full deal history of Mangalam Worldwide Limited, 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 Worldwide Limited has 14 court cases on record: 8 filed by Mangalam Worldwide, 6 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 0 |
| District courts | 3 | 0 | 3 |
| NCLT | 3 | 0 | 0 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mnpee Inox Pvt. Ltd. - C Y Singh and 3 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Madhya Gujarat Vij Company Limited Division Office (O & M) | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Madhya Gujarat Vij Company Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Shri Kiran Shsh(Erstwhile Resolution Professional of Vicor Stainless Private Limited) and 2 others | Disposed |
To see the full case history of Mangalam Worldwide Limited, 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 Worldwide Limited was last rated by Acuite on 11 Jun 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 11 Jun 2026 |
To see the full credit ratings and regulatory alerts of Mangalam Worldwide Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangalam Worldwide Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mangalam Worldwide has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mangalam Saarloh Private Limited | U27100GJ2019PTC109406 |
To see the full group structure of Mangalam Worldwide Limited, buy the company report.
Employees & EPFO
Mangalam Worldwide Limited has a workforce of 84 employees on its EPFO records as of Apr 10, 2025, across 1 active EPFO establishment.
GST
Mangalam Worldwide has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT3020F1Z0 | Gujarat | Active | 01 Jul 2017 |
| 24AABCT3020F1D9 | Gujarat | Active | 26 Oct 2024 |
To see the full GST registrations and return filing status of Mangalam Worldwide Limited, buy the company report.
Recent activity
Mangalam Worldwide Limited has 22 board changes on record since 2003: 16 appointments and 6 cessations. The latest: Keyoor Madhusudan Bakshi was appointed as Additional Director on 03 Sep 2026.
29 earlier events are in the company report.
News
Frequently asked questions
Mangalam Worldwide is an active public limited company based in Ahmedabad, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 December 1995 (31+ years old) and is registered under CIN L27100GJ1995PLC028381. Listed on BSE: 544764 and NSE: MWL.
Mangalam Worldwide reported revenue of ₹1,207.98 Cr for FY 2025-26 (up 13.9% YoY) based on consolidated financials.
Mangalam Worldwide has 8 current directors:
- Chandragupt Prakash Mangal - Managing Director
- Vipin Prakash Mangal - Managing Director
- Mohit Kailash Agrawal - Whole-Time Director
- Chanakya Prakash Mangal - Director
- Pritu Gupta - Director
- Susanta Kumar Panda - Director
- Varsha Biswajit Adhikari - Director
- Keyoor Madhusudan Bakshi - Additional Director
The latest financial statements of Mangalam Worldwide on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangalam Worldwide is 24AABCT3020F1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCT3020F1D9 (Gujarat).
The CIN (Corporate Identification Number) of Mangalam Worldwide is L27100GJ1995PLC028381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mangalam Worldwide is a listed company as per MCA records. Its shares are listed on both BSE (code: 544764) and NSE (symbol: MWL).
Mangalam Worldwide has 14 court cases on record: 8 filed by the company and 6 filed against it. 5 are pending. Most are in the nclat.
Mangalam Worldwide was incorporated on 11 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mangalam Worldwide has 15 deals on record (6 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹18.99 Cr; the latest was in January 2026.
The peers of Mangalam Worldwide by revenue are Steel Exchange India Limited, Shri Lakshmi Metal Udyog Limited, Jr Metal Chennai Limited, Agni Steels Private Limited, Sakthi Steel Industries Limited and 3 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).