Manglam Infra & Engineering share price & results
- Mar 2026
- Sept 2026
Bhopal-based infrastructure engineering consultancy providing feasibility studies, DPRs, design and construction-supervision services for highways, bridges, railway/metro, urban infrastructure and water-resource projects to government clien
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 | 21.9 | −21.4% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 13.2 | +11.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.6 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | −2.6 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -25.84 | +30.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −44.4% 1Y
1Y: ₹21.05 on 24 Oct 2025 → ₹11.7. High ₹23 (29 Oct 2025), low ₹10.9 (1 Apr 2026).
- Previous close
- ₹11.7
- Market cap
- ₹22 Cr
- 52-week range
- ₹10.9 – ₹23
- One year
- −47.06%
- Price to earnings (FY ending Mar 2026)
- 6.85×
- Return on equity (FY ending Mar 2026)
- 6.85%
Overview
- Symbol
- NSE:MIEL
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What Manglam Infra & Engineering Ltd does
Based on the company's own presentations, annual report and earnings calls.
Manglam Infra & Engineering Ltd is an infrastructure engineering and consulting company that prepares feasibility studies, detailed project reports (DPRs) and detailed engineering designs, and offers economic/financial analysis, project management and construction-supervision services to project owners. Its consulting work spans highways and bridges/structures, railway and metro corridors, urban and regional infrastructure development, water supply and water-resources development, and environmental and socio-economic impact assessment. Clients are largely government and public-sector bodies.
Segments
- Highways & Bridges/Structures
- Railway/Metro Infrastructure
- Urban & Regional Infrastructure Development
- Water Supply & Water Resources Development
- Environmental & Socio-Economic Impact Assessment
- Service verticals
- Highways & Bridges, Railway/Metro, Urban & Regional Infrastructure, Water Supply & Water Resources, Environmental Impact Assessment
- Key institutional/government clients
- NHIDCL, NHAI, BRO, MSRDC, MPRDC, MP PWD, MH PWD, Nagar Nigam, BRRDA, PMGS
- Core service offerings
- Feasibility studies & DPR preparation, detailed engineering, economic & financial analysis, project management, construction supervision
- Industry recognition
- '10 Most Promising Environmental Consultants – 2021' — Consultants Review Magazine
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 4 fiscal years held (Sept 2023 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +1700% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 17 | 28 | 13 | 22 |
| Expenses | 13 | 27 | 11 | 19 |
| Operating profit | 4 | 1 | 2 | 3 |
| Operating margin | 25.9% | 2.2% | 18.2% | 13.2% |
| Other income | 0 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | -0 | 2 | 2 |
| Tax rate | 25.8% | 25.0% | 21.8% | 29.3% |
| Net profit | 3 | -0 | 1 | 2 |
| EPS (₹ per share) | 1.72 | -0.06 | 0.84 | 0.91 |
| Line item | Sept 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 13 | 13 | 18 | 18 | 18 |
| Reserves | 0 | 4 | 27 | 28 | 30 |
| Borrowings | 4 | 4 | 6 | 3 | 3 |
| Other liabilities | 11 | 12 | 14 | 8 | 11 |
| Total liabilities | 28 | 34 | 64 | 57 | 62 |
| Fixed assets | 5 | 5 | 7 | 10 | 10 |
| Capital work in progress | 1 | 1 | 3 | 0 | 0 |
| Investments | 0 | 0 | 15 | 8 | 8 |
| Other assets | 22 | 28 | 41 | 38 | 44 |
| Total assets | 28 | 34 | 64 | 57 | 62 |
| Line item | Sept 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operations | -0 | 0 | -21 | -7 |
| Cash from investing | -0 | -1 | -4 | 8 |
| Cash from financing | 0 | 1 | 24 | -1 |
| Net cash flow | 0 | 0 | -0 | -0 |
| Free cash flow | -0 | -0 | -26 | -9 |
| Line item | Sept 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor days | 526 | 176 | 203 | 292 |
| Cash conversion cycle | 526 | 176 | 203 | 292 |
| Working capital days | 187 | 78 | 121 | 272 |
| Return on capital employed | — | — | 12.9% | 9.5% |
| Dividend payout | — | — | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 71.97% as of Sept 2026; institutions cut 1.02 pts since Mar 2026.
- Promoters 71.97%
- Foreign institutions 0.00%
- Domestic institutions 0.00%
- Public 28.03%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.20% held
The same filing shows 0 holders 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 Manglam Infra & Engineering Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 23.19% | unchanged | |
| 18.55% | unchanged | |
| 17.99% | unchanged | |
| 12.23% | unchanged | |
| 1.20% | newly disclosed | |
| FPI fund | — | off the list |
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.
Your own record
Start an Inve Case for Manglam Infra & Engineering Ltd
Free account: one company. Everything above stays public.
Write why you follow Manglam Infra & Engineering Ltd and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Services companies
Learn to analyse Manglam Infra & Engineering Ltd
Guides on how to read this kind of business and the numbers that matter.