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Mangal Electrical Industries (MEIL)₹252.21−0.61%Other Electrical Equipment
In the Jun 2026 quarter (standalone), Mangal Electrical Industries reported sales of ₹126 Cr, up 40.4% from Jun 2025, and net profit of ₹7.53 Cr, up 101.3% year on year. For the year to Mar 2026, sales were ₹580 Cr and net profit ₹42.99 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 133 | 150 | 153 | 89.71 | 155 | 156 | 180 | 126 |
| Expenses | 103 | 109 | 125 | 130 | 79.64 | 132 | 137 | 162 | 115 |
| Operating Profit | 11.25 | 24.03 | 24.14 | 22.67 | 10.00 | 21.89 | 18.95 | 17.71 | 11.17 |
| OPM % | 9.8% | 18.1% | 16.1% | 14.8% | 11.1% | 14.2% | 12.1% | 9.9% | 8.9% |
| Other Income | 0.52 | 0.63 | 0.37 | 0.41 | 0.24 | 1.30 | 2.73 | 3.00 | 1.80 |
| Interest | 3.14 | 4.24 | 4.88 | 2.97 | 3.95 | 4.00 | 1.89 | 1.83 | 1.87 |
| Depreciation | 1.23 | 1.30 | 1.18 | 1.26 | 1.22 | 1.35 | 1.75 | 1.65 | 1.00 |
| Profit before tax | 7.39 | 19.06 | 18.41 | 18.79 | 5.06 | 17.81 | 18.00 | 17.20 | 10.09 |
| Tax % | 26.4% | 25.2% | 26.0% | 26.0% | 26.5% | 25.4% | 25.7% | 26.0% | 25.6% |
| Net Profit | 5.44 | 14.29 | 13.65 | 13.94 | 3.74 | 13.29 | 13.38 | 12.74 | 7.53 |
| EPS (Rs) | 2.67 | 6.98 | 6.66 | 6.81 | 1.83 | 4.82 | 4.86 | 4.62 | 2.73 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 208 | 121 | 218 | 354 | 449 | 549 | 580 | 617 |
| Expenses | 194 | 109 | 198 | 310 | 407 | 467 | 511 | 546 |
| Operating Profit | 14.04 | 12.03 | 21.06 | 44.12 | 43.10 | 82.26 | 68.18 | 69.72 |
| OPM % | 7.0% | 10.0% | 9.0% | 13.0% | 9.0% | 15.0% | 12.0% | 11.3% |
| Other Income | 3.98 | 0.99 | 0.99 | 3.99 | 2.99 | 1.99 | 6.97 | 8.83 |
| Interest | 10.01 | 9.01 | 10.01 | 11.01 | 13.02 | 15.01 | 12.01 | 9.59 |
| Depreciation | 4.01 | 3.01 | 3.01 | 4.01 | 4.01 | 5.01 | 6.01 | 5.75 |
| Profit before tax | 4.99 | 0.99 | 7.99 | 32.97 | 27.98 | 63.94 | 57.99 | 63.10 |
| Tax % | 36.1% | 4.0% | 24.1% | 25.1% | 25.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | −0.02 | 0.05 | 0.05 | 0.03 | 0.64 | — |
| Net Profit | 2.99 | 1.01 | 6.01 | 25.01 | 21.01 | 47.01 | 42.99 | 46.94 |
| EPS (Rs) | 2.04 | 0.75 | 4.20 | 17.08 | 14.46 | 23.10 | 15.64 | 17.03 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14.02 | 14.01 | 14.03 | 14.01 | 14.02 | 20.02 | 28.04 |
| Reserves | 30.92 | 31.91 | 38.92 | 78.78 | 99.72 | 142 | 562 |
| Borrowings | 87.84 | 106 | 82.78 | 96.80 | 91.77 | 149 | 44.93 |
| Other Liabilities | 53.79 | 31.84 | 50.95 | 30.86 | 38.88 | 54.73 | 70.95 |
| Total Liabilities | 188 | 184 | 187 | 220 | 246 | 365 | 706 |
| Fixed Assets | 31.99 | 29.95 | 30.99 | 33.98 | 39.95 | 38.99 | 69.96 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 2.01 | 9.04 | 10.04 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 156 | 155 | 156 | 186 | 204 | 317 | 627 |
| Inventories | 43.95 | 64.01 | 64.96 | 81.98 | 83.02 | 148 | 192 |
| Trade receivables | 98.05 | 67.02 | 67.07 | 86.99 | 88.09 | 129 | 204 |
| Cash & equivalents | 7.99 | 0.00 | 14.99 | 0.99 | 6.99 | 0.00 | 90.99 |
| Total Assets | 188 | 184 | 187 | 220 | 246 | 365 | 706 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −16.07 | −1.01 | 37.15 | 27.11 | 37.13 | −30.13 | −101 |
| Cash from investing activity | −0.99 | −9.98 | −1.99 | 3.99 | −12.97 | −17.95 | −158 |
| Cash from financing activity | 16.99 | 9.01 | −33.01 | −34.04 | −18.02 | 42.01 | 264 |
| Net cash flow | 0.00 | −1.01 | 1.01 | −2.01 | 6.02 | −7.02 | 5.01 |
| Capex | 1.01 | 1.01 | 4.01 | 3.01 | 12.01 | 12.01 | 37.03 |
| Free cash flow | −17.03 | −2.01 | 32.04 | 24.01 | 24.99 | −42.04 | −138 |
| CFO / OP % | −101.0% | −4.0% | 177.0% | 76.0% | 105.0% | −15.0% | −131.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 173 | 203 | 112 | 90 | 72 | 86 | 129 |
| Inventory days | — | 266 | 147 | 112 | 83 | 131 | 158 |
| Days payable | — | 117 | 90 | 26 | 25 | 31 | 34 |
| Cash conversion cycle | 172 | 350 | 167 | 174 | 128 | 183 | 251 |
| Working capital days | 103 | 176 | 72 | 99 | 62 | 73 | 226 |
| ROCE % | — | 7.0% | 13.1% | 27.1% | 21.0% | 30.0% | 15.0% |
For the Jun 2026 quarter, Mangal Electrical Industries reported sales of ₹126 Cr, up 40.4% year on year and net profit of ₹7.53 Cr, up 101.3% year on year. The operating margin was 8.9%.
Mangal Electrical Industries' sales for the year to Mar 2026 were ₹580 Cr; over the last twelve months they were ₹617 Cr.
Net profit for the year to Mar 2026 was ₹42.99 Cr, and ₹46.94 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.03.
Mangal Electrical Industries reported borrowings of ₹44.93 Cr at Mar 2026, against cash and equivalents of ₹90.99 Cr.
Cash from operations was −₹101 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹138 Cr.