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Mangal Electrical Industries Limited MEIL NSEINFRA

Industrials · Electrical Equipment & Parts · India
https://www.mangals.com
Company Profile ↓
₹279.25
-47.84% 1Y
Mkt Cap₹771.57 Cr
P/E14.82
P/B1.31
52W High₹556.15
52W Low₹208.54
Book Value₹216.69
EPS (TTM)₹18.84

Company Overview

Mangal Electrical Industries Limited engages in the manufacture and trade of electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under the Mangal Electrical brand name in India and internationally. It offers transformer components, including transformer components, including CRGO slit coils, transformer laminations, amorphous cores, coil and core assemblies, wound cores, toroidal cores, immersed circuit breakers, and vacuum circuit breakers. The company also traders in CRGO and cold rolled non-oriented steel coils, as well as amorphous ribbons; and manufactures transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units, as well as customized products. In addition, it offers engineering, procurement, and construction services for setting up electrical sub-stations. Mangal Electrical Industries Limited was founded in 1989 and is headquartered in Jaipur, Rajasthan.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 20.4% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 17.8% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 14.8, below the sector median of 30.3.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.08.

Recent Developments

  • Mar 2026 Revenue of ₹579.68 Cr (+5.5% YoY); net profit ₹43.17 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +40.3%, earnings +49.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 17.8%, profit CAGR 20.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:17.83%
1 Year:40.30%

Compounded Profit Growth

5 Years:20.40%
1 Year:49.50%

Stock Price Performance

1 Year:-47.84%
6 Months:+21.76%
3 Months:-8.82%
1 Month:+1.03%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 20% of range
₹208.54 ₹556.15
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)47.41 · Neutral
Price Performance
1M+1.03%
3M-8.82%
6M+21.76%
1Y-47.84%
Valuation vs Sector

P/E of 14.82 is below the sector median of 30.28 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 17.8% over 5 years.
  • Profit CAGR of 20.4% over 5 years.

CONS

  • Trading 49.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
14.82
Industry PE
30.28
Forward P/E est.
9.91
PEG Ratio
-
Book Value
₹216.69
Price to Book
1.31
P/S
1.27
EV/EBITDA
10.55
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
17.83%
Profit 5Y
20.40%
Revenue (YoY)
40.30%
Earnings (YoY)
49.50%

Profitability & Returns

ROCE
11.73%
ROE
7.31%
ROA
6.11%
Profit Margin
7.62%
Op Margin
8.06%
Gross Margin
20.08%
EPS (Latest Qtr)
₹4.68
EPS (TTM)
₹18.84

Balance Sheet & Liquidity

Debt/Equity
0.08
Quick Ratio
3.28
Current Ratio
4.99
Debt
₹45.43 Cr
Total Assets
₹707.05 Cr
Current Assets
₹560.79 Cr
Working Capital
₹448.31 Cr

Ownership

Promoter Holding
74.79%
Chg in Prom Hold
0.00%
FII / Inst Holding
4.15%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
₹771.57 Cr
Total Revenue (TTM)
₹615.85 Cr
EBITDA
₹70.00 Cr
Free Cash Flow
₹-138.28 Cr
Operating Cash Flow
₹-101.35 Cr
Shares Outstanding
₹2.76 Cr
Gross Margin
20.08%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MEIL Mangal Electrical Industries Limited NSEINFRA 279.25 14.82 ₹771.57 Cr 0.00% 11.73% 7.31% 17.83% 20.40%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 3,999.00 33.23 ₹5.50 L Cr 0.96% 14.55% 14.72% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,707.30 29.11 ₹3.93 L Cr 0.44% 10.97% 13.32% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,856.00 34.85 ₹3.25 L Cr 0.40% 13.80% 22.21% 7.87% 16.08%
5 BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU 404.00 47.98 ₹2.95 L Cr 0.61% 31.88% 25.27% 15.47% 26.64%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,977.00 -39.98 ₹1.92 L Cr 0.24% 4.02% -34.31% 15.55% -227.40%
7 ABB ABB India Limited NSEAIINFRA 7,410.00 99.32 ₹1.57 L Cr 0.53% 28.45% 19.13% 15.41% 17.97%
8 BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU 421.45 60.12 ₹1.47 L Cr 0.33% 6.60% 6.12% 13.49% 35.91%
9 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 31,650.00 122.48 ₹1.41 L Cr 0.03% 24.92% 19.09% 22.24% 119.12%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Sep 2025Dec 2025Mar 2026
Revenue 149.37 Cr153.03 Cr154.33 Cr156.27 Cr179.42 Cr
Cost of Revenue 111.51 Cr116.13 Cr116.57 Cr123.39 Cr148.66 Cr
Gross Profit 37.87 Cr36.90 Cr37.76 Cr32.88 Cr30.75 Cr
Operating Expenses 14.96 Cr15.56 Cr17.25 Cr15.74 Cr14.73 Cr
Operating Income 22.91 Cr21.34 Cr20.50 Cr17.14 Cr16.02 Cr
EBITDA 24.46 Cr23.02 Cr23.15 Cr21.63 Cr20.66 Cr
Interest Expense 4.87 Cr2.96 Cr3.99 Cr1.88 Cr1.82 Cr
Pretax Income 18.42 Cr18.81 Cr17.83 Cr18.01 Cr17.21 Cr
Tax Provision 4.78 Cr4.88 Cr4.52 Cr4.62 Cr4.46 Cr
Net Income 13.64 Cr13.93 Cr13.30 Cr13.39 Cr12.75 Cr
Diluted EPS 4.945.044.815.014.68

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -354.31 Cr449.48 Cr549.42 Cr579.68 Cr
Cost of Revenue -277.80 Cr371.54 Cr416.17 Cr457.89 Cr
Gross Profit -76.51 Cr77.95 Cr133.25 Cr121.79 Cr
Operating Expenses -33.89 Cr39.32 Cr56.33 Cr59.36 Cr
Operating Income -42.62 Cr38.62 Cr76.92 Cr62.43 Cr
EBITDA -46.39 Cr43.53 Cr83.81 Cr75.66 Cr
Interest Expense -9.80 Cr11.35 Cr15.18 Cr11.62 Cr
Pretax Income -32.87 Cr28.11 Cr63.71 Cr58.12 Cr
Tax Provision -8.13 Cr7.16 Cr16.40 Cr14.94 Cr
Net Income -24.74 Cr20.95 Cr47.31 Cr43.17 Cr
Diluted EPS 3.338.957.5817.12-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -221.26 Cr246.54 Cr366.46 Cr707.05 Cr
Current Assets -177.58 Cr193.17 Cr299.50 Cr560.79 Cr
Cash & Equivalents -7.73 L6.79 Cr43.96 L5.79 Cr
Inventory -81.88 Cr82.91 Cr148.27 Cr192.05 Cr
Receivables -87.44 Cr88.35 Cr129.35 Cr204.40 Cr
Total Liabilities -127.29 Cr131.55 Cr204.30 Cr116.69 Cr
Current Liabilities -81.46 Cr111.02 Cr190.49 Cr112.48 Cr
Long Term Debt -44.00 Cr18.56 Cr11.53 Cr2.01 Cr
Total Debt -96.64 Cr92.12 Cr149.12 Cr45.43 Cr
Total Equity -93.97 Cr114.99 Cr162.16 Cr590.37 Cr
Shares Outstanding -2.76 Cr2.76 Cr2.76 Cr2.76 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -27.39 Cr36.56 Cr-30.09 Cr-101.35 Cr
Investing Cash Flow -4.25 Cr-12.63 Cr-18.33 Cr-157.71 Cr
Financing Cash Flow --33.72 Cr-17.60 Cr41.82 Cr264.41 Cr
Capital Expenditure --3.38 Cr-11.57 Cr-12.32 Cr-36.93 Cr
Free Cash Flow -24.02 Cr24.99 Cr-42.41 Cr-138.28 Cr
Net Change in Cash --2.08 Cr6.33 Cr-6.60 Cr5.35 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -21.6%17.3%24.3%21.0%
Operating Margin % -12.0%8.6%14.0%10.8%
Net Margin % -7.0%4.7%8.6%7.4%
ROE % -26.3%18.2%29.2%7.3%
ROCE % -30.5%28.5%43.7%10.5%

Shareholding Pattern

Insiders
74.79%
Institutions
4.15%
Public Float
16.45%

Analyst View

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Latest News

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MEIL — Frequently Asked Questions

What is the current share price of Mangal Electrical Industries Limited (MEIL)?

As of 2026-09-20 09:43 IST, Mangal Electrical Industries Limited (MEIL) trades at ₹279.25 on NSE. Its 52-week range is ₹208.54 to ₹556.15.

What is the market capitalisation of MEIL?

Mangal Electrical Industries Limited (MEIL) has a market capitalisation of ₹771.57 Cr on NSE.

What is the P/E ratio of MEIL?

MEIL trades at a trailing price-to-earnings (P/E) ratio of 14.82. The industry average P/E is 30.28. Its price-to-book (P/B) ratio is 1.31.

What is the return on equity (ROE) of MEIL?

MEIL has a return on equity (ROE) of 7.31%. Its return on capital employed (ROCE) is 11.73%.

Is MEIL a good stock to buy?

This page provides a data-driven analysis of Mangal Electrical Industries Limited (MEIL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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