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Mangal Electrical Industries

MEIL NSE
₹246.40 +9.26 (+3.90%)
P/E
14.50
View as Markdown
MCP
Close 4 Nov 2026 ₹246.40 −203.40 −45.2% 1Y
Start ₹449.80

Key Fundamentals

MicrocapElectrical EquipmentCapital Goods

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
14.60%
Debt to Equity
0.08
EPS (TTM)
₹16.99
Book Value
₹220.20
Market Cap
—
P/E (TTM)
14.50
P/B
1.12
ROE
11.30%
Dividend Yield
0.00%
EBITDA
₹75.70 Cr
52W High
₹483.00
52W Low
₹206.26
Day Range
₹233.16 – ₹250.00
Volume
1,27,898

Peer Comparison

Industrials › Capital Goods › Other Electrical Equipment

Mangal Electrical Industries peer comparison
₹2,408.0018.15₹67,713 Cr4.320.17%32.50%38.40%₹30,043 Cr₹4,003 Cr
₹15,998.0054.39₹65,476 Cr7.860.39%20.30%31.80%₹24,389 Cr₹1,181 Cr
₹904.0024.61₹40,624 Cr9.530.11%41.00%32.70%₹8,466 Cr₹1,674 Cr
₹385.85111.84₹22,658 Cr—0.00%—10.40%₹2,348 Cr₹182 Cr
₹6,036.50137.95₹19,040 Cr22.570.05%12.60%15.20%₹1,080 Cr₹134 Cr
₹246.4112.03₹16,196 Cr3.890.43%50.70%44.60%₹6,023 Cr₹1,418 Cr
₹2,041.00102.05₹13,437 Cr18.920.00%16.50%19.30%₹1,764 Cr₹134 Cr
₹246.4014.50₹671 Cr1.120.00%11.30%14.60%₹616 Cr₹47 Cr
Median 8 companies₹1,472.5039.50₹20,849 Cr7.860.08%20.30%25.55%₹4,186 Cr₹682 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

40 Weak

Data confidence 100/100

Category scores

Quality
36
Poor
Returns, margins, earnings quality 22% weight
Valuation
54
Average
Cheap vs sector & own history 24% weight
Growth
50
Average
Sales & profit trajectory 9% weight
Financial Health
72
Strong
Solvency, leverage, coverage 9% weight
Momentum
20
Poor
Trend strength, vol-adjusted 12% weight
Ownership
17
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 109% CAGR over last 5 years

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 95.5 to 129 days.
  • Working capital days have increased from 119 days to 225 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1162
OscillatorsBearish261
Moving AveragesStrong Bearish901

Key readings

RSI (14)
42.44
Neutral
MACD (12,26,9)
−8.60
Bearish
SMA (50)
269.77
Bearish
SMA (200)
281.32
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+36.81%
3Y+17.89%
1Y+5.65%
TTM+17.36%

Net profit

Net profit growth by window
5Y+112.17%
3Y+19.81%
1Y−8.51%
TTM+3.03%

Operating cash flow

Operating cash flow growth by window
5YOutflow widened by ₹100 Cr
3YTurned negative
1YOutflow widened by ₹71 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+1.80 pp
3Y−0.71 pp
1Y−3.22 pp
TTM−4.07 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2020₹208 Cr
Mar 2021₹121 Cr
Mar 2022₹218 Cr
Mar 2023₹354 Cr
Mar 2024₹449 Cr
Mar 2025₹549 Cr
Mar 2026₹580 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2020₹3.00 Cr
Mar 2021₹1.00 Cr
Mar 2022₹6.00 Cr
Mar 2023₹25.00 Cr
Mar 2024₹21.00 Cr
Mar 2025₹47.00 Cr
Mar 2026₹43.00 Cr

Quarterly Results

₹ Cr
MEIL quarterly results, ₹ crore
Particulars Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
114
133
149
153
89.66
154
156
179
126
169
Expenses
103
109
125
130
79.69
132
137
162
115
153
Operating Profit
11.22
23.95
24.08
22.6
9.97
21.84
18.89
17.66
11.14
15.43
OPM %
9.81%
18.05%
16.12%
14.77%
11.12%
14.15%
12.09%
9.84%
8.85%
9.15%
Other Income
0.53
0.64
0.38
0.42
0.25
1.31
2.74
3.01
1.81
2.1
Interest
3.13
4.23
4.87
2.96
3.94
3.99
1.88
1.82
1.86
1.85
Depreciation
1.22
1.29
1.17
1.25
1.21
1.34
1.74
1.64
0.99
1.06
PBT
7.4
19.07
18.42
18.81
5.07
17.83
18.01
17.21
10.1
14.61
Tax %
26.35%
25.12%
25.95%
25.94%
26.43%
25.36%
25.65%
25.92%
25.54%
24.91%
Net Profit
5.45
14.28
13.64
13.93
3.73
13.3
13.39
12.75
7.52
10.97
EPS (₹)
2.66
6.97
6.65
6.8
1.82
4.81
4.85
4.61
2.72
—

Sep 2026: from the results filed on 31 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
MEIL profit and loss, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
208
121
218
354
449
549
580
616
Expenses
194
109
198
310
407
467
511
546
Operating Profit
14
12
21
44
43
82
68
70
OPM %
7%
10%
9%
13%
9%
15%
12%
11%
Other Income
4
1
1
4
3
2
7
9
Interest
10
9
10
11
13
15
12
10
Depreciation
4
3
3
4
4
5
6
6
PBT
5
1
8
33
28
64
58
63
Tax %
36%
4%
24%
25%
25%
26%
26%
—
Net Profit
3
1
6
25
21
47
43
47
EPS (₹)
2.03
0.74
4.19
17.06
14.45
23.08
15.62
16.99
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
MEIL balance sheet, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
14
14
14
14
14
20
28
Reserves
31
32
39
79
100
142
563
Borrowings
88
106
83
97
92
149
45
Other Liabilities
54
32
51
31
39
55
71
Total Liabilities
188
185
187
221
247
366
707
Fixed Assets
32
30
31
34
40
39
70
CWIP
0
0
0
0
2
9
10
Investments
0
0
0
0
0
0
0
Other Assets
156
155
156
187
205
318
628
Total Assets
188
185
187
221
247
366
707

Cash Flow

₹ Cr
MEIL cash flow, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−16
−1
37
27
37
−30
−101
Investing
−1
−10
−2
4
−13
−18
−158
Financing
17
9
−33
−34
−18
42
264
Net Cash Flow
0
−1
1
−2
6
−7
5
Free Cash Flow
−17
−2
32
24
25
−42
−138
CFO/OP
−101
−4
177
76
105
−15
−131

Ratios

MEIL financial ratios, annual
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
173
203
112
90
72
86
129
Inventory Days
—
266
147
112
83
131
158
Days Payable
—
118
91
27
26
32
35
Cash Conversion Cycle
173
351
168
175
129
184
252
Working Capital Days
102
175
71
98
61
72
225
ROCE %
—
7%
13%
27%
21%
30%
15%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mangal Electrical Industries insights

61 extracted metrics across FY20–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 74.79%
  • Public 17.45%
  • Others 4.11%
  • DIIs 3.57%
  • FIIs 0.08%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Mangal Electrical Industries

What does Mangal Electrical Industries Ltd do?
Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.
Where is Mangal Electrical Industries Ltd (MEIL) listed?
Mangal Electrical Industries Ltd trades as MEIL on the NSE and under code 544492 on the BSE.
Which sector does Mangal Electrical Industries Ltd belong to?
Mangal Electrical Industries Ltd is classified under the Capital Goods sector, in the Other Electrical Equipment industry.
What is the PE ratio of Mangal Electrical Industries Ltd?
Mangal Electrical Industries Ltd trades at a PE ratio of 14.50 as of 4 Nov 2026, on earnings per share of ₹16.99, against a book value of ₹220.2 per share.
What is the 52-week high and low of Mangal Electrical Industries Ltd?
Over the last 52 weeks Mangal Electrical Industries Ltd has traded between ₹206.26 and ₹483 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Mangal Electrical Industries Ltd?
Mangal Electrical Industries Ltd reported a return on equity of 11.30%. Its debt-to-equity ratio is 0.08.

Company Information

Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.

Website mangals.com
Listed 28 Aug 2025
Face Value ₹10

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