Mangalam Global Enterprise share price & results
- Sept 2026
- Sept 2026
Gujarat-based agri-processor crushing castor, mustard, soybean and cotton-seed into oils, meals and cakes, plus rice/wheat milling and cotton ginning, now expanding into B2C wellness under its Neat Everyday brand.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 875 | +41.8% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | 2.4 | +0.7 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 8.3 | −53.1% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 14.34 | −0.0 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 1.30 | +3.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 44.23 | +24.3 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance +18.6% 1Y
1Y: ₹15 on 24 Oct 2025 → ₹17.79. High ₹18.22 (26 Oct 2026), low ₹10.49 (20 Mar 2026).
- Previous close
- ₹18.22
- Market cap
- ₹593 Cr
- 52-week range
- ₹10.49 – ₹18.22
- One year
- +18.60%
- Price to earnings (TTM to Sept 2026)
- 15.49×
- Return on equity (TTM to Sept 2026)
- 14.34%
Overview
- Symbol
- NSE:MGEL
- Exchange
- NSE
- Currency
- INR
What Mangalam Global Enterprise Limited does
Based on the company's own presentations, annual report and earnings calls.
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)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −53% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 466 | 481 | 793 | 617 | 620 | 932 | 798 | 875 |
| Expenses | 456 | 474 | 782 | 606 | 608 | 909 | 783 | 853 |
| Operating profit | 10 | 7 | 11 | 11 | 12 | 22 | 15 | 21 |
| Operating margin | 2.2% | 1.5% | 1.4% | 1.7% | 1.9% | 2.4% | 1.9% | 2.4% |
| Other income | 6 | 7 | 4 | 15 | 3 | 0 | 3 | 0 |
| Interest | 7 | 6 | 7 | 6 | 7 | 7 | 7 | 9 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 8 | 8 | 8 | 19 | 8 | 15 | 10 | 11 |
| Tax rate | 27.7% | 31.8% | 25.8% | 7.2% | 16.5% | 26.4% | 24.2% | 25.5% |
| Net profit | 6 | 5 | 6 | 18 | 7 | 11 | 8 | 8 |
| EPS (₹ per share) | 0.18 | 0.16 | 0.18 | 0.54 | 0.20 | 0.34 | 0.23 | 0.25 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,412 | 1,669 | 2,093 | 2,962 |
| Expenses | 1,397 | 1,635 | 2,052 | 2,906 |
| Operating profit | 15 | 35 | 41 | 56 |
| Other income | 18 | 13 | 18 | 23 |
| Interest | 13 | 24 | 27 | 26 |
| Depreciation | 3 | 3 | 2 | 2 |
| Profit before tax | 16 | 21 | 30 | 50 |
| Net profit | 13 | 19 | 22 | 41 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 28 | 29 | 33 | 33 | 33 | 33 |
| Reserves | 84 | 105 | 163 | 193 | 204 | 219 |
| Borrowings | 221 | 161 | 171 | 234 | 140 | 206 |
| Other liabilities | 51 | 73 | 127 | 276 | 320 | 373 |
| Total liabilities | 383 | 368 | 493 | 736 | 697 | 832 |
| Fixed assets | 57 | 41 | 50 | 56 | 49 | 54 |
| Capital work in progress | 10 | 0 | 0 | 0 | 0 | 0 |
| Investments | 14 | 13 | 14 | 3 | 20 | 40 |
| Other assets | 302 | 314 | 430 | 677 | 628 | 737 |
| Total assets | 383 | 368 | 493 | 736 | 697 | 832 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -33 | -38 | -62 | 65 | -29 | 58 |
| Cash from investing | -12 | 23 | -39 | 1 | 5 | -1 |
| Cash from financing | 44 | 15 | 100 | -66 | 24 | -57 |
| Net cash flow | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | -39 | -42 | -102 | 64 | -38 | 56 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 23 | 16 | 48 | 30 | 42 | 51 |
| Inventory days | 9 | 38 | 22 | 24 | 19 | 20 |
| Days payable | 3 | 12 | 10 | 4 | 9 | 21 |
| Cash conversion cycle | 29 | 41 | 61 | 50 | 52 | 50 |
| Working capital days | 8 | 14 | 12 | 21 | 23 | 21 |
| Return on capital employed | 10.0% | 9.0% | 10.0% | 14.0% | 18.0% | 18.0% |
| Dividend payout | 47.0% | 67.0% | 2.0% | 2.0% | 2.0% | 1.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Agri Products contributes 83.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Agri Products 83.7%
₹796.74 crore
- Foreign Operations # 16.2%
₹153.90 crore
- Agri Retail & FMCG 0.1%
₹1.42 crore
- Exceptional Items 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Agri Products | 796.74 | 83.7% |
| Foreign Operations # | 153.90 | 16.2% |
| Agri Retail & FMCG | 1.42 | 0.1% |
| Exceptional Items | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹952.07 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹952.07 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Agri Products | — | — | — | — | — | — | 87% | 84% | — |
| Foreign Operations # | — | — | — | — | — | — | — | 16% | — |
| Agri Retail & FMCG | — | — | — | — | — | — | <1% | <1% | — |
| Exceptional Items | — | — | — | — | — | — | 0% | 0% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 68.77% as of Sept 2026; institutions added 5.24 pts since Jun 2026.
- Promoters 68.77%
- Foreign institutions 0.16%
- Domestic institutions 5.17%
- Public 25.91%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- AIF newly disclosed 2.77% held
- newly disclosed 2.40% held
- newly disclosed 1.26% held
- newly disclosed 1.01% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Mangalam Global Enterprise Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 17.38% | unchanged | |
| 16.61% | unchanged | |
| 12.66% | unchanged | |
| 9.22% | unchanged | |
| 6.31% | −3.62 pp | |
| 6.25% | unchanged | |
| AIF | 2.77% | newly disclosed |
| 2.40% | newly disclosed | |
| 1.46% | unchanged | |
| 1.26% | newly disclosed | |
| 1.01% | newly disclosed | |
| 0.35% | 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.
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