Mangalam Worldwide Ltd

Mangalam Worldwide Ltd

₹ 153 0.66%
22 Nov - close price
About

Incorporated in 1995, Mangalam Worldwide Ltd manufactures and trades steel products and other merchandise. It also provides consultancy service[1]

Key Points

Business Overview:[1][2]
MWL is promoted by Ahmedabad based Mangalam Group. It is an ISO-9001:2015, ISO-14001:2015, ISO 45001:2018, QMS certified multi location, fully integrated Stainless Steel Mill where it does manufacturing and trading of steel products.

  • Market Cap 375 Cr.
  • Current Price 153
  • High / Low 184 / 106
  • Stock P/E 14.3
  • Book Value 80.6
  • Dividend Yield 0.65 %
  • ROCE 14.8 %
  • ROE 13.7 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 144% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last quarter: -2.51%
  • Tax rate seems low
  • Debtor days have increased from 28.2 to 44.3 days.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
213.77 201.37 199.10 181.07 236.58 229.15 237.73
204.85 194.44 190.56 170.38 225.57 217.58 225.37
Operating Profit 8.92 6.93 8.54 10.69 11.01 11.57 12.36
OPM % 4.17% 3.44% 4.29% 5.90% 4.65% 5.05% 5.20%
0.74 0.79 0.97 0.15 2.45 1.07 1.76
Interest 1.52 2.65 3.85 3.94 4.37 4.51 5.44
Depreciation 2.23 1.49 1.55 1.66 1.71 1.85 1.90
Profit before tax 5.91 3.58 4.11 5.24 7.38 6.28 6.78
Tax % 3.21% 16.76% 7.06% -15.65% 1.90% 4.78% -1.92%
5.72 2.98 3.82 6.06 7.24 5.98 6.91
EPS in Rs 2.33 1.22 1.56 2.47 2.96 2.44 2.82
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
31 35 327 302 522 644 818 885
31 35 325 297 510 626 780 839
Operating Profit 0 0 2 6 12 19 38 46
OPM % 0% 0% 1% 2% 2% 3% 5% 5%
0 0 1 0 10 6 4 5
Interest 0 0 1 2 2 4 15 18
Depreciation 0 0 0 0 1 5 6 7
Profit before tax 0 0 2 4 19 16 20 26
Tax % 50% 29% 26% 26% 33% -7% 1%
0 0 1 3 12 17 20 26
EPS in Rs 5.13 70.99 425.93 833.33 6.88 6.81 8.20 10.69
Dividend Payout % 4% 2% 0% 0% 15% 15% 0%
Compounded Sales Growth
10 Years: %
5 Years: 88%
3 Years: 39%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: 144%
3 Years: 95%
TTM: 51%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 33%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 15%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.02 0.20 0.20 0.20 18 24 26 26
Reserves 1 9 10 13 27 104 136 171
1 3 19 16 47 85 102 168
4 0 30 17 30 35 139 157
Total Liabilities 6 12 59 46 123 248 403 523
1 1 1 1 51 79 91 86
CWIP 0 0 0 0 0 0 2 2
Investments 1 5 5 5 4 4 4 30
4 6 53 40 68 165 307 405
Total Assets 6 12 59 46 123 248 403 523

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 -5 -15 6 2 -61 -11
-1 -4 0 0 -42 -38 -19
1 9 15 -5 44 98 27
Net Cash Flow -0 0 0 1 4 -1 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 12 43 13 12 11 30 44
Inventory Days 29 0 42 42 31 46 84
Days Payable 44 37 27 16 9 28
Cash Conversion Cycle -2 43 18 27 26 67 100
Working Capital Days 0 57 25 26 25 69 77
ROCE % 6% 15% 20% 18% 10% 15%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2022Mar 2023Apr 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Oct 2024
63.97% 63.97% 63.97% 63.97% 63.97% 66.05% 63.54% 63.54% 67.41%
0.00% 0.00% 0.00% 0.00% 0.06% 0.06% 0.06% 0.01% 0.01%
36.03% 36.01% 36.01% 36.03% 35.96% 33.89% 36.40% 36.44% 32.58%
No. of Shareholders 8457617617521,0301,2301,3301,2611,261

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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