Mangalam Global Enterprise Ltd
Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in Edible, Non-edible Oil, Seeds and its derivatives[1]
- Market Cap ₹ 356 Cr.
- Current Price ₹ 21.6
- High / Low ₹ 32.0 / 15.8
- Stock P/E 13.3
- Book Value ₹ 11.3
- Dividend Yield 0.09 %
- ROCE 14.2 %
- ROE 14.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
- Company's median sales growth is 58.5% of last 10 years
Cons
- Company has a low return on equity of 11.8% over last 3 years.
- Contingent liabilities of Rs.184 Cr.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | 1 | 3 | 27 | 330 | 573 | 908 | 1,190 | 1,224 | 1,669 | 2,118 | |
0 | 0 | 1 | 1 | 3 | 26 | 324 | 562 | 899 | 1,179 | 1,199 | 1,633 | 2,073 | |
Operating Profit | 0 | 0 | -0 | 0 | 0 | 0 | 5 | 11 | 9 | 11 | 25 | 36 | 45 |
OPM % | 100% | -16% | 9% | 6% | 2% | 2% | 2% | 1% | 1% | 2% | 2% | 2% | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 6 | 6 | 6 | 13 | 12 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 5 | 9 | 13 | 24 | 25 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 3 | 3 | 3 | 2 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 7 | 5 | 15 | 21 | 30 |
Tax % | 0% | 25% | 0% | 33% | 24% | 27% | 20% | 25% | 25% | 20% | 11% | ||
0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 5 | 4 | 12 | 19 | 25 | |
EPS in Rs | 0.00 | 0.12 | 0.62 | 0.12 | 1.12 | 0.58 | 1.08 | 0.29 | 0.37 | 0.26 | 0.75 | 1.15 | 1.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 41% | 47% | 67% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 190% |
5 Years: | 38% |
3 Years: | 22% |
TTM: | 41% |
Compounded Profit Growth | |
---|---|
10 Years: | 112% |
5 Years: | 53% |
3 Years: | 51% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.55 | 2 | 16 | 25 | 26 | 28 | 29 | 33 |
Reserves | -0 | -0 | -0 | -0 | 0 | 5 | 30 | 41 | 42 | 49 | 82 | 105 | 153 |
0 | 1 | 2 | 3 | 6 | 2 | 11 | 32 | 87 | 115 | 221 | 161 | 170 | |
0 | 0 | 0 | 0 | 1 | 2 | 3 | 20 | 12 | 50 | 52 | 73 | 92 | |
Total Liabilities | 0 | 1 | 3 | 3 | 7 | 9 | 46 | 110 | 165 | 240 | 383 | 368 | 448 |
0 | 0 | 2 | 2 | 6 | 7 | 7 | 24 | 14 | 35 | 57 | 41 | 40 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 12 | 16 | 18 | 14 | 13 | 13 |
0 | 1 | 0 | 1 | 1 | 2 | 35 | 74 | 135 | 187 | 302 | 314 | 395 | |
Total Assets | 0 | 1 | 3 | 3 | 7 | 9 | 46 | 110 | 165 | 240 | 383 | 368 | 448 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | -3 | 1 | -50 | 19 | -30 | -38 | -62 | 65 | |||
0 | 0 | -3 | -2 | -9 | -25 | -14 | 23 | -39 | 1 | |||
0 | 0 | 6 | 1 | 59 | 7 | 44 | 15 | 100 | -66 | |||
Net Cash Flow | 0 | 0 | 0 | -0 | -0 | 1 | -0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 20 | 24 | 8 | 8 | 23 | 16 | 48 | 30 | |
Inventory Days | 314 | 478 | 3 | 0 | 17 | 15 | 9 | 38 | 22 | 24 | ||
Days Payable | 8 | 13 | 3 | 2 | 1 | 5 | 12 | 10 | 4 | |||
Cash Conversion Cycle | 0 | 306 | 466 | 20 | 24 | 23 | 22 | 28 | 41 | 61 | 50 | |
Working Capital Days | 0 | -33 | 216 | 114 | 8 | 36 | 30 | 38 | 42 | 68 | 48 | |
ROCE % | 0% | 7% | -2% | 2% | 3% | 5% | 22% | 16% | 10% | 9% | 11% | 14% |
Documents
Announcements
-
In Continuation Of Intimation/Disclosure To Purchase Of 'Edible Oil Refinery' ('Assets') At Taluka: Jotana, Mehsana, Gujarat
19 Nov - Purchase of Edible Oil Refinery and related assets.
-
Product Launch
5 Nov - Launch of NEAT CASTOR OIL in 100 ml bottles.
-
Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter & Half Year Ended September 30, 2024.
30 Oct - Announcement text is unclear and insufficient.
- Listing of Equity Shares of Mangalam Global Enterprise Ltd 29 Oct
Business Overview:[1][2]
MGEL is a part of Ahmedabad-based Mangalam group, which deals in manufacturing and trading of:
a) Refined Castor Oil, First Special Grad, Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets
b) Cotton bales, Cotton seeds, Cotton Cake, Cattle Feed, Cotton Wash Oil, processing of wheat and rice
c) Mustard seed, Mustard oil, Mustard Meal, Mustard cake, Soya seed, Soya refined oil, Soya Meal, Soya cake, Wheat and Rice, and other agricultural products
d) Company has entered into B2C market by launching new products under the brand “LAGNAM” in domestic market
e) It is also a service provider for liaising
and clearing service and from lease rentals