MGEL

Mangalam Global Enterprise financials

Market cap
₹523 Cr
Sector
Fast Moving Consumer Goods

What Mangalam Global Enterprise Limited does

Mangalam Global Enterprise Limited is the agri-products vertical of the Group Mangalam conglomerate, running four processing plants in Gujarat: a wheat and rice mill at Bavla, a castor unit and a cotton-ginning unit at Kapadvanj, and an edible-oil refinery at Jotana. It crushes and refines castor, soybean, mustard and cotton seed into oils, meals and de-oiled cakes, and processes wheat, rice and raw cotton, supplying industrial and trade customers globally. In FY2024-25 it entered the business-to-consumer segment with Neat Everyday, a vegan, cruelty-free nutraceutical and personal-care brand (cold-pressed oils and softgel capsules) sold via its own site and e-commerce marketplaces. The company also has a wholly-owned subsidiary office in Singapore.

Segments

  • Oil & Derivatives (seed-crushing)
  • Rice & Wheat Processing
  • Cotton Ginning
  • Neat Everyday (B2C wellness)
Manufacturing/processing plants
4 (Bavla, Kapadvanj x2, Jotana — all Gujarat)
Core agri-processing verticals
3 (Oil & derivatives seed-crushing, Rice & Wheat processing, Cotton ginning)
Raw commodities processed
Castor, Soybean, Mustard, Cotton seed, Wheat, Rice
Neat Everyday (B2C) product categories
Cold-pressed oils and softgel capsules, 12+ SKUs
E-commerce marketplaces (Neat Everyday)
5 (Amazon, Flipkart, Meesho, JioMart, Blinkit)
Overseas subsidiary office
Singapore (since 2011)
Headquarters Ahmedabad, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue up 10.9%, net profit up 31.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue563 502 537 859 706 +25%756 +51%1,064 +98%952 +11%
EBITDA14 11 8 13 11 −21%13 +15%24 +211%18 +47%
Net profit6 6 5 6 18 +220%9 +34%12 +140%8 +31%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −2.9% 1Y

₹12.0₹14.0₹16.0Aug 25Oct 25Dec 25Jan 26Mar 26May 26Aug 26

1Y: ₹16.34 on 13 Aug 2025 → ₹15.86. High ₹16.34 (13 Aug 2025), low ₹10.49 (20 Mar 2026).

Financials, as filed

Revenue grew 33.8% a year over 3 years, FY23 to FY26. Operating margin widened to 1.8%.

Year endingFY23FY24FY25FY26
Revenue₹1.4k Cr₹1.8k Cr₹2.3k Cr₹3.4k Cr
Operating profit₹15 Cr₹35 Cr₹44 Cr₹61 Cr
Operating margin1.1%1.9%1.9%1.8%
Interest₹13 Cr₹25 Cr₹30 Cr₹31 Cr
Depreciation₹3 Cr₹3 Cr₹2 Cr₹3 Cr
Net profit₹13 Cr₹20 Cr₹23 Cr₹45 Cr
Net margin0.9%1.1%1.0%1.3%
Cash from operations₹-50 Cr₹40 Cr₹-39 Cr₹46 Cr
Free cash flow₹-95 Cr₹39 Cr₹-48 Cr₹44 Cr
ROCE11.0%14.0%17.0%17.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹25 Cr₹26 Cr₹28 Cr₹29 Cr₹33 Cr₹33 Cr
Reserves₹44 Cr₹54 Cr₹87 Cr₹110 Cr₹193 Cr₹215 Cr
Borrowings₹122 Cr₹137 Cr₹237 Cr₹201 Cr₹234 Cr₹215 Cr
Other liabilities₹31 Cr₹54 Cr₹88 Cr₹80 Cr₹276 Cr₹342 Cr
Total liabilities₹222 Cr₹271 Cr₹439 Cr₹420 Cr₹736 Cr₹805 Cr
Fixed assets₹34 Cr₹38 Cr₹65 Cr₹49 Cr₹56 Cr₹57 Cr
Capital work in progress₹0 Cr₹0 Cr₹10 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹3 Cr₹3 Cr₹3 Cr₹2 Cr₹3 Cr₹3 Cr
Other assets₹184 Cr₹230 Cr₹361 Cr₹369 Cr₹677 Cr₹746 Cr
Total assets₹222 Cr₹271 Cr₹439 Cr₹420 Cr₹736 Cr₹805 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters added +1.23 pp while the public trimmed −1.22 pp. The shareholder count grew 6% to 22,980.

Promoters
72.4%
FIIs
0.1%
Public
27.5%

Since Jun 2025

  • Promoters +1.23 pp
  • Public −1.22 pp
  • FIIs −0.02 pp

How it drifted, 12 quarters

Over this window the public went from 24.9% to 27.5% — +2.6 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.1%, DIIs 0.1%, Public 24.9%.Dec '23: Promoters 75.0%, DIIs 0.1%, Public 25.0%.Mar '24: Promoters 75.0%, DIIs 0.1%, Public 25.0%.Jun '24: Promoters 72.0%, Public 28.0%.Sep '24: Promoters 72.0%, Public 28.0%.Dec '24: Promoters 72.0%, Public 28.0%.Mar '25: Promoters 72.0%, Public 28.0%.Jun '25: Promoters 71.2%, FIIs 0.1%, Public 28.7%.Sep '25: Promoters 71.5%, FIIs 0.7%, Public 27.8%.Dec '25: Promoters 71.5%, FIIs 0.2%, Public 28.4%.Mar '26: Promoters 72.4%, FIIs 0.2%, Public 27.4%.Jun '26: Promoters 72.4%, FIIs 0.1%, Public 27.5%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Mangalam Global Enterprise Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Chandragupt Prakash Mangal 17.38%unchanged
Chanakya Prakash Mangal 16.61%unchanged
Vipin Prakash Mangal 12.66%unchanged
Specific Worldwide Llp 9.93%unchanged
Rashmi Mangal 9.22%unchanged
Mangalam Worldwide Limited 6.25%unchanged
Chungath Karunakaran Padma Kumar 3.78%−0.12 pp
Sarath Ch . 1.49%unchanged
Honey Mangal 0.35%unchanged
Tanisha Mangal 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Mangalam Global Enterprise Limited

Guides on how to read this kind of business and the numbers that matter.