Mangalam Alloys Ltd
Incorporated in 1988, Mangalam Alloys Limited is a manufacturer of stainless-steel-based products.[1]
- Market Cap ₹ 105 Cr.
- Current Price ₹ 42.4
- High / Low ₹ 80.0 / 32.6
- Stock P/E 9.13
- Book Value ₹ 54.6
- Dividend Yield 0.00 %
- ROCE 11.3 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.78 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.22% over past five years.
- Tax rate seems low
- Company has a low return on equity of 10.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 269 | 359 | 346 | 271 | 309 | 303 | 305 | |
| 242 | 325 | 318 | 258 | 280 | 269 | 272 | |
| Operating Profit | 26 | 34 | 28 | 13 | 28 | 33 | 32 |
| OPM % | 10% | 10% | 8% | 5% | 9% | 11% | 11% |
| 2 | 0 | 1 | 1 | 0 | 5 | 1 | |
| Interest | 10 | 12 | 13 | 15 | 14 | 19 | 18 |
| Depreciation | 6 | 6 | 7 | 8 | 8 | 7 | 7 |
| Profit before tax | 12 | 17 | 8 | -9 | 6 | 13 | 8 |
| Tax % | 26% | 25% | 19% | -28% | 17% | 22% | -43% |
| 9 | 12 | 7 | -7 | 5 | 10 | 11 | |
| EPS in Rs | 5.09 | 7.01 | 3.68 | -3.52 | 2.72 | 5.46 | 4.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 4% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | 54% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 19 | 19 | 19 | 25 |
| Reserves | 32 | 44 | 50 | 45 | 50 | 60 | 110 |
| 116 | 143 | 151 | 168 | 164 | 154 | 151 | |
| 60 | 80 | 107 | 81 | 68 | 99 | 105 | |
| Total Liabilities | 225 | 285 | 326 | 312 | 301 | 332 | 390 |
| 50 | 71 | 83 | 78 | 82 | 77 | 96 | |
| CWIP | 14 | 0 | 0 | 0 | 0 | 6 | 0 |
| Investments | 19 | 19 | 19 | 19 | 19 | 0 | 0 |
| 142 | 195 | 223 | 215 | 199 | 248 | 295 | |
| Total Assets | 225 | 285 | 326 | 312 | 301 | 332 | 390 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 9 | -0 | 12 | 5 | 31 | 13 | 9 | |
| -19 | -13 | -20 | -2 | -12 | 17 | -18 | |
| 10 | 13 | 8 | -3 | -18 | -29 | 10 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 77 | 80 | 80 | 69 | 110 | |
| Inventory Days | 134 | 155 | 171 | 240 | 199 | 220 | |
| Days Payable | 103 | 106 | 119 | 124 | 91 | 140 | |
| Cash Conversion Cycle | 111 | 126 | 131 | 196 | 177 | 190 | |
| Working Capital Days | 114 | 104 | 125 | 190 | 163 | 189 | |
| ROCE % | 15% | 10% | 2% | 9% | 11% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 July 2024 - Mangalam Alloys Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
31 May 2024 - MANGALAM ALLOYS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Updates
30 May 2024 - Mangalam Alloys Limited has informed regarding 'REAPPOINTMENT OF AUDITOR'.
-
Updates
30 May 2024 - Mangalam Alloys Limited has informed regarding 'APPOINTMENT OF INTERNAL AUDITORE'.
-
Updates
30 May 2024 - Mangalam Alloys Limited has informed regarding 'APPOINTMENT OF COST AUDITOR'.
Annual reports
No data available.
Product Portfolio[1] The company manufactures SS Ingots, SS Black Bar, SS RCS, SS Bright Round Bar, Bright Hex Bar, Bright Square Bar, Angle, Patti, Forgings, and Fasteners in 30+ grades, in the sizes ranging from 3 mm to 400 mm.