---
title: "Mangalam Global Enterprise Ltd (MGEL) — Share Price, Financials & Analysis"
symbol: "MGEL"
company: "Mangalam Global Enterprise Ltd"
canonical: "https://tapetide.com/stocks/MGEL"
isin: "INE0APB01032"
nse_symbol: "MGEL"
bse_code: "544273"
sector: "FMCG"
industry: "Agricultural Products"
market_cap_cr: 524.32
generated_at: "2026-09-13T19:16:04.752Z"
---

# Mangalam Global Enterprise Ltd (MGEL)

Canonical page: https://tapetide.com/stocks/MGEL

## Company

- **NSE Symbol:** MGEL
- **BSE Code:** 544273
- **ISIN:** INE0APB01032
- **Sector:** FMCG
- **Industry:** Agricultural Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2019-11-27
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** groupmangalam.com

## About

Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in Edible, Non-edible Oil, Seeds and its derivatives[1]

## Latest Price

- **Price:** ₹15.86
- **Change:** -0.17 (-1.06%)
- **Open:** ₹15.72
- **Day High:** ₹16.6
- **Day Low:** ₹15.6
- **Previous Close:** ₹16.03
- **Volume:** 337674
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:12.336471Z.

- **Market Cap:** ₹524.32 Cr
- **Classification:** Microcap
- **P/E (reported):** 11.2
- **P/E (TTM):** 11.01
- **EPS (TTM):** ₹1.44
- **Book Value:** ₹7.52
- **Price to Book:** 2.13
- **Dividend Yield:** 0.06%
- **ROE:** 18.23%
- **ROCE:** 32.4%
- **Debt to Equity:** 0.87
- **Revenue (yearly):** ₹3400.7 Cr
- **Net Income:** ₹45.2 Cr
- **EBITDA:** ₹77.3 Cr
- **52-Week High:** ₹18.4
- **52-Week Low:** ₹9.53
- **RSI (14):** 63.71

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.58 | 9% |
| growth | 87.04 | 9% |
| momentum | 82.88 | 12% |
| ownership | 49.08 | 24% |
| quality | 71.88 | 22% |
| valuation | 61.08 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 41.8% CAGR over last 5 years

### Weaknesses

- Earnings include an other income of Rs.26.0 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 216.81% | 14.53% | 259.67% |
| ebitda margin growth | -14.9% | -20.63% | -14.66% | 81.6% |
| net income growth | -32.8% | 95.67% | 36% | 42% |
| revenue growth | -10.33% | 47.67% | 33% | 29% |
| roce | -16% | 18.12% | 20.54% | 24.23% |
| roe | -32.45% | 59.08% | 14.75% | 301.54% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 440.4 | 531.97 | 542.47 | 679.97 | 562.62 | 502.16 | 536.73 | 858.54 | 705.8 | 756.16 | 1063.96 | 952.07 |
| Expenses | 436.11 | 526.23 | 526.61 | 669.04 | 548.17 | 490.98 | 528.94 | 845.98 | 694.33 | 743.35 | 1039.77 | 933.64 |
| Operating Profit | 4.29 | 5.74 | 15.86 | 10.93 | 14.45 | 11.18 | 7.79 | 12.56 | 11.47 | 12.81 | 24.19 | 18.43 |
| OPM % | 0.97 | 1.08 | 2.92 | 1.61 | 2.57 | 2.23 | 1.45 | 1.46 | 1.63 | 1.69 | 2.27 | 1.94 |
| Other Income | 5.56 | 4.58 | 3.03 | 4.59 | 2.28 | 5.58 | 6.66 | 4.18 | 15.84 | 5.56 | 1.31 | 3.27 |
| Interest | 6.77 | 6.32 | 5.78 | 7.29 | 8.7 | 7.52 | 6.21 | 7.65 | 7.4 | 7.91 | 7.85 | 9.94 |
| Depreciation | 0.93 | 0.53 | 0.54 | 0.54 | 0.54 | 0.59 | 0.63 | 0.62 | 0.62 | 0.63 | 0.63 | 0.81 |
| Profit before tax | 2.15 | 3.47 | 12.57 | 7.69 | 7.49 | 8.65 | 7.61 | 8.47 | 19.29 | 9.83 | 17.02 | 10.95 |
| Tax % | 55.81 | 16.43 | 6.36 | 21.85 | 25.63 | 26.71 | 31.8 | 24.09 | 7.78 | 13.33 | 26.67 | 23.01 |
| Net Profit | 0.95 | 2.9 | 11.78 | 6.01 | 5.57 | 6.33 | 5.19 | 6.43 | 17.8 | 8.51 | 12.48 | 8.43 |
| EPS in Rs | 0.03 | 0.09 | 0.36 | 0.18 | 0.17 | 0.19 | 0.16 | 0.2 | 0.54 | 0.26 | 0.38 | 0.26 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 390 | 582 | 960 | 1277 | 1424 | 1839 | 2281 | 3384 | 3478 |
| Expenses | 382 | 570 | 948 | 1266 | 1395 | 1802 | 2236 | 3323 | 3411 |
| Operating Profit | 8 | 11 | 12 | 11 | 29 | 37 | 45 | 62 | 67 |
| OPM % | 1.9 | 1.9 | 1.2 | 0.9 | 2 | 2 | 2 | 1.8 | 1.9 |
| Other Income | 0 | 2 | 5 | 8 | 5 | 15 | 19 | 27 | 26 |
| Interest | 3 | 8 | 8 | 11 | 15 | 26 | 30 | 31 | 33 |
| Depreciation | 1 | 3 | 3 | 4 | 3 | 3 | 2 | 2 | 3 |
| Profit before tax | 3 | 3 | 6 | 4 | 16 | 23 | 31 | 55 | 57 |
| Tax % | 28 | 20 | 20 | 20 | 21 | 11 | 27 | 17 | — |
| Net Profit | 2 | 2 | 5 | 4 | 13 | 20 | 23 | 45 | 47 |
| EPS in Rs | 0.58 | 0.11 | 0.2 | 0.14 | 0.4 | 0.61 | 0.7 | 1.37 | 1.44 |
| Dividend Payout % | 2 | 51 | 43 | 61 | 2 | 1 | 1 | 1 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 16 | 25 | 26 | 28 | 29 | 33 | 33 |
| Reserves | 32 | 43 | 44 | 54 | 87 | 110 | 169 | 215 |
| Borrowings | 29 | 56 | 122 | 137 | 237 | 201 | 224 | 215 |
| Other Liabilities | 8 | 19 | 31 | 54 | 88 | 80 | 130 | 342 |
| Total Liabilities | 71 | 134 | 222 | 271 | 439 | 420 | 556 | 805 |
| Fixed Assets | 26 | 44 | 34 | 38 | 65 | 49 | 57 | 57 |
| CWIP | 4 | 0 | 0 | 0 | 10 | 0 | 0 | 0 |
| Investments | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 3 |
| Other Assets | 38 | 86 | 184 | 230 | 361 | 369 | 496 | 746 |
| Total Assets | 71 | 134 | 222 | 271 | 439 | 420 | 556 | 805 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -46 | 13 | -44 | -29 | -50 | 40 | -39 | 46 |
| Cash from Investing Activity | -30 | -25 | -14 | 34 | -41 | 2 | 4 | -2 |
| Cash from Financing Activity | 76 | 13 | 61 | -7 | 92 | -42 | 34 | -41 |
| Net Cash Flow | 1 | 0 | 2 | -1 | 1 | -1 | -1 | 3 |
| Free Cash Flow | -71 | 6 | -54 | -11 | -95 | 39 | -48 | 44 |
| CFO/OP | -597 | 128 | -365 | -257 | -168 | 112 | -84 | 76 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 7 | 13 | 37 | 23 | 54 | 35 | 44 | 53 |
| Inventory Days | 15 | 15 | 9 | 35 | 19 | 21 | 17 | 18 |
| Days Payable | 2 | 2 | 12 | 13 | 18 | 4 | 8 | 21 |
| Cash Conversion Cycle | 19 | 26 | 35 | 45 | 54 | 52 | 53 | 49 |
| Working Capital Days | 17 | 6 | 2 | 13 | 10 | 19 | 22 | 19 |
| ROCE % | — | 12 | 9 | 7 | 11 | 14 | 17 | 17 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.99% | 74.99% | 74.99% | 72.01% | 72.01% | 72.01% | 72.01% | 71.16% | 71.46% | 71.46% | 72.38% | 72.38% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.11% | 0.72% | 0.17% | 0.18% | 0.09% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.97% | 22.04% | 22.18% | 22.33% | 21.74% | 21.77% | 21.65% | 20.99% | 20.45% | 20.7% | 20.41% | 20.65% |
| Others | 5.04% | 2.97% | 2.83% | 5.66% | 6.25% | 6.22% | 6.34% | 7.75% | 7.37% | 7.67% | 7.03% | 6.87% |
| No. of Shareholders | 6513 | 10323 | 15712 | 16474 | 18400 | 19139 | 21001 | 21778 | 22429 | 22700 | 23069 | 22980 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 5 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 15.05 | Buy |
| EMA (10) | 15.31 | Buy |
| SMA (20) | 14.85 | Buy |
| EMA (20) | 15.1 | Buy |
| SMA (50) | 15.48 | Buy |
| EMA (50) | 15.14 | Buy |
| SMA (100) | 15.13 | Buy |
| EMA (100) | 14.88 | Buy |
| SMA (200) | 13.9 | Buy |
| EMA (200) | 14.5 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 60.84 | Neutral |
| MACD (12,26,9) | 0.13 | Buy |
| Stochastic (14,3,3) | 71.32 | Neutral |
| ADX (14) | 25.91 | Buy |
| Williams %R (14) | -29.9 | Neutral |
| ATR (14) | 0.99 | High Volatility |
| ROC (12) | 9.83 | Buy |
| Stoch RSI (14) | 90.01 | Sell |
| UO (7,14,28) | 49.92 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b657d2cf-b855-46f7-8db4-a7e37348f379.pdf) |
| 4 Apr - SEBI settlement order disposes show-cause notice over misstatement, fictitious entries and fund diversion allegations. | [General-Update 4 Apr - SEBI settlement order disposes show-cause notice over misstatement, fictitious entries and fund diversion allegations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/deed7a58-89cc-4158-bafd-cbf363b12df5.pdf) |
| 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26. | [Annual Disclosure For Large Corporate Entity For F.Y. 2025-26. 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a2e02be-1cc7-46fd-bd11-2cdb49108ae7.pdf) |
| 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26. | [Annual Disclosure For Large Corporate Entity For F.Y. 2025-26. 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a2e02be-1cc7-46fd-bd11-2cdb49108ae7.pdf) |
| 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26. | [Annual Disclosure For Large Corporate Entity For F.Y. 2025-26. 28 Apr - MGEL says annual disclosure as Large Corporate is not applicable for FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6a2e02be-1cc7-46fd-bd11-2cdb49108ae7.pdf) |
| 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ending Mar 31, 2026. | [Closure of Trading Window 26 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/daaf3e1f-dc29-463d-858a-c4f9d579136b.pdf) |
| 26 Mar - 26 March 2026: Company states no undisclosed events; price/volume movement market-driven. | [Clarification On Price Movement 26 Mar - 26 March 2026: Company states no undisclosed events; price/volume movement market-driven.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60b55fd4-f805-43a4-876b-1a876fa0cfc3.pdf) |
| 24 Mar - NSE and BSE approved reclassification of Radhika Bansal's 10,00,000 shares (0.30%) to public on March 24, 2026. | [Mangalam Global Enterprise Limited Has informed About Approval/ No-Objection Letters Received Under Regulation 31A Of The SEBI (LODR) Regulations, 2015 24 Mar - NSE and BSE approved reclassification of Radhika Bansal's 10,00,000 shares (0.30%) to public on March 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb81fbbb-7c74-4ee8-bc59-ad062e26a220.pdf) |
| 23 Jan - Incorporated Mangalam Vanasya Organic Pvt Ltd on 22-01-2026; MGEL subscribes Rs5,50,000 for 55% equity. | [INTIMATION OF INCORPORATION OF 'MANGALAM VANASYA ORGANIC PRIVATE LIMITED' AS A SUBSIDIARY OF THE COMPANY. 23 Jan - Incorporated Mangalam Vanasya Organic Pvt Ltd on 22-01-2026; MGEL subscribes Rs5,50,000 for 55% equity.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b4391e2-1530-45cf-8bc5-3fe285d8d0c1.pdf) |
| 23 Jan - Garbled unreadable announcement with digital signature dated 2026-01-23; content indiscernible. | [Intimation Regarding Submission Of Application Seeking No-Objection From Recognized Stock Exchanges Under Regulation 31A(8)(C) Of The SEBI (LODR) Regulations, 2015. 23 Jan - Garbled unreadable announcement with digital signature dated 2026-01-23; content indiscernible.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1cb3c761-aab1-4436-9274-c2c94e0746c2.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a8e2972-8f67-4b28-9939-504fb8fdf1bf.pdf) |
| 2026-09-08 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Mangalam Global Enterprise Limited Held On Tuesday September 08 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e483a1ad-dd39-40f6-b101-dded3278e8fd.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a95d5f09-c03e-42ec-bfd1-4ba547892a10.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4973ba3f-1fa3-4262-9c03-fde2325d210a.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad23ab7f-939a-44ca-a40f-b49587e3e476.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aef9fd4c-5629-4a05-a170-82012872944c.pdf) |
| 2026-08-20 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 20 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21e9dc62-c99a-4a3b-8836-b1c6400e5424.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63cfa204-1400-45d6-94fd-18c9bb6889c8.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eeaa6b84-d92c-405d-be3e-9f2407983211.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d84e2be0-51db-4c0c-b3c0-24ead405ac38.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-01 | [Financial Results For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=733f91a6-cdad-447a-80f4-2783736036d1.pdf) |
| 2025-10-15 | [Board Meeting Outcome For Submission Of Standalone & Consolidated Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64767943-46e2-48a4-aa05-c9d157a0b5d9.pdf) |
| 2025-04-23 | [Audited Standalone & Consolidated Financial Results For The Quarter & Year Ended 31.03.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85b4c3d4-05cf-4f61-8495-2a68e98dd117.pdf) |
| 2025-01-18 | [Outcome Of Board Meeting And Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter & Nine Months Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1855be83-1b7c-46e8-8385-38334908a245.pdf) |
| 2024-10-30 | [Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter & Half Year Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21e111f1-8fbf-458f-8706-00e168760ff5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24503_MGEL_2023_2024_15072024182415.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22555_MGEL_2022_2023_29072023160915_07292023170003.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20167_MGEL_2021_2022_01072022194548_07012022200005.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19525_MGEL_2020_2021_06092021192409_09062021200028.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc95c70c-27dd-4a2d-89ad-62f05a2d71a3.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d40604f1-ac6f-4047-8da0-617395affd72.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:04.752Z.