MGELFast Moving Consumer Goods

Mangalam Global Enterprise Limited

Other Agricultural Products · ISIN INE0APB01032 · BSE 544273 · NSE EQ · FV ₹1
Last price
₹18
+5.21%today
What this company does

Mangalam Global Enterprise Limited operates in Other Agricultural Products, part of the Fast Moving Consumer Goods sector. It booked ₹983 cr of revenue in its latest quarter (Q2 FY27) and kept 0.9% of sales as profit.

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 39–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
55

At close. Not part of the score.

Profitability & returns61

How much profit it earns on the money it employs

Balance sheet21

How much it owes, and whether earnings cover the interest

Cash quality42

Whether reported profit actually arrives as cash

Growth & consistency98

Whether sales and profit have grown, and how steadily · highest in its sector on what we could measure

Valuation11

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 39% vs last year
✓ Promoters hold 69%
✓ No promoter shares pledged
Watch-outs
! Thin 0.9% net margin
! Profit down 48% vs last year
! Carries high debt (D/E 1.1)
! Operating cash flow is negative

What if I invest in MGEL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹18▲ +5.21%
latest close · 2026-11-04
52-wk low ₹1374 sessions so far52-wk high ₹19
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.1Average
LowAverageHigh
P/B ratio2.22Moderate
Below bookModerateHigh
EV / EBITDA9.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.9%Fair
WeakFairStrong ▸15%
Return on capital28.2%Strong
WeakFairStrong
Net margin0.9%Thin
ThinDecentStrong
EBITDA margin2.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.09High
LowModerateHigh ▸1
Interest cover2.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.37Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹593 cr
Book value
₹8
EPS
₹0.28
latest quarter
Net debt
₹286 cr
owes more than its cash
Enterprise value
₹878 cr
EBITDA
₹92 cr
annualised
EBIT
₹89 cr
annualised
Operating margin
2.3%
Return on assets
3.9%
Earnings yield
6.23%
P/S
0.15
Sales / share
₹119.3
Tax rate
24.6%
Face value
₹1
Shares
33.0 cr
Working capital
₹237 cr
Current assets
₹869 cr
Current liabilities
₹633 cr
Delivery %
62.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹8 vs market price ₹18 — price is 136% above it
Safety cushion-136.1%(target ≥ +20%)
Models span ₹6–₹9, midpoint ₹8
Model ₹8
Price ₹18
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹983 cr
Other Income₹56.6 L
Total Income₹983 cr
Cost of Materials₹578 cr
Purchases of Stock-in-Trade₹366 cr
Inventory Change (±)₹-66.3 L
Employee Benefit Expense₹5 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹95.8 L
Other Expenses₹12 cr
Total Expenses₹971 cr
Profit before Tax₹12 cr
Tax Expense₹3 cr
Net Profit₹9 cr
Net margin on total income0.9%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹943 cr95.9%
Employee benefit expense₹5 cr0.5%
Finance costs₹10 cr1.0%
Depreciation & amortisation₹95.8 L0.1%
Other expenses₹12 cr1.2%
Tax expense₹3 cr0.3%
Profit for the period₹9 cr0.9%
Total income ₹983 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,064 cr952 cr983 cr
Total income1,065 cr955 cr983 cr
Expenses1,048 cr944 cr971 cr
Profit before tax17 cr11 cr12 cr
Tax5 cr3 cr3 cr
Net profit (owners' share)12 cr8 cr9 cr
Net margin (owners' share, on revenue)1.2%0.9%0.9%
EPS (₹)0.380.260.28
YoY (latest quarter): total income +38.3% · net profit -48.0%
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹947 cr
Shareholder equity
₹267 cr
parent shareholders
Total debt
₹291 cr
Cash
₹6 cr
Cash flow · H1 FY27
Operating
₹-25 cr
Investing
₹-29 cr
Financing
₹56 cr
Peer comparison
Other Agricultural Products · by market value
CompanyPriceMarket capP/E
LT Foods Limited₹411₹14,256 cr19.8
KRBL Limited₹401₹9,189 cr8.9
Gujarat Ambuja Exports Limited₹148₹6,774 cr12.9
Kaveri Seed Company Limited₹670₹3,444 cr—
TruAlt Bioenergy Limited₹360₹3,084 cr22.3
Amir Chand Jagdish Kumar (Exports) Limited₹218₹2,257 cr13.7
GRM Overseas Limited₹93₹1,936 cr45.8
Sanstar Limited₹95₹1,899 cr47.4
AVT Natural Products Limited₹97₹1,475 cr11.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.06%
trailing 12 months
Dividend / share (TTM)
₹0.01
Last dividend
₹0.01
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹0.01 / share17 Jul 2026
Dividend₹0.01 / share18 Jul 2025
Stock splitStock Split From Rs.2/- to Rs.1/-4 Mar 2025
Who owns it · 2026-09-30
No pledge
Promoter
68.8%
FII / Foreign
0.2%
DII / Domestic
5.2%
Retail / others
25.9%
Promoter stake down 6.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSPECIFIC WORLDWIDE LLP · Promoter Group20.81 L · ₹3.3 cr25 Sep 26
SoldSPECIFIC WORLDWIDE LLP · Promoter Group32.00 L · ₹4.9 cr24 Sep 26
BoughtVasrsha Biswajit Adhikari · Director10,000 · ₹1.6 L23 Sep 26
Bulk / block deals
SoldSPECIFIC WORLDWIDE LLP · NSE20.81 L @ ₹1625 Sep 26
SoldSPECIFIC WORLDWIDE LLP · NSE32.00 L @ ₹15.524 Sep 26
BoughtREGALIA STONES PRIVATE LIMITED · NSE25.64 L @ ₹15.524 Sep 26
Stake changes
SoldSPECIFIC WORLDWIDE LLP · promoter→ 6.31% · 20.81 L25 Sep 26
SoldSPECIFIC WORLDWIDE LLP · promoter→ 6.92% · 32.00 L24 Sep 26
SoldSpecific Worldwide LLP · promoter→ 7.92% · 16.42 L23 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 11 Oct 2026
See the official result
1
Appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375) as Non - Executive and Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
34.72 L votes for, 14,465 against
2
Appointment of Ms. Purvi Jayendra Bhavsar (DIN: 02102740) as Non-Executive and Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
34.71 L votes for, 14,508 against
3
Approval for payment of Remuneration to Ms. Tanisha Mangal, holding an office or place of profit in the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
34.71 L votes for, 14,566 against
4
Approval for payment of Remuneration to Ms. Honey Mangal, holding an office or place of profit in the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
34.71 L votes for, 14,523 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 68.8% between them · as of 2026-09-30
Chandragupt Prakash Mangal17.38%
Chanakya Prakash Mangal16.61%
Vipin Prakash Mangal12.66%
Rashmi Mangal9.22%
Specific Worldwide Llp6.31%
Mangalam Worldwide Limited6.25%
Honey Mangal0.35%
Tanisha Mangalno shares
Business done with them
FY2026 · 7 of the group
The company paid ₹40 cr to companies in the promoter group last year — about 1.2% of its ₹3,384 cr revenue and received ₹14 cr back from them.
Specific Worldwide LLP
Bought goods from them · Purchase of Products / Services
also owns 6.31% of the company
₹39 cr
company paid
MANGALAM WORLDWIDE LIMITED
Sold goods to them · Sale of Products / Services, Other Income, Transfer of Gratuity / Leave Liability, Dividend Paid
also owns 6.25% of the company
₹14 cr
company received
Vipin Prakash Mangal
Other payments to them · Borrowings (Net of Repayment)
also owns 12.66% of the company
₹57.2 L
company paid
Chanakya Prakash Mangal
Leases As Lessee · Lease Rent Expense, Borrowings (Net of Repayment), Dividend Paid, Dividend Paid, Guarantee
also owns 16.61% of the company
₹28.7 L
company received
Chandragupt Prakash Mangal
Other payments to them · Lease Rent
also owns 17.38% of the company
₹5.7 L
company paid
Chanakya Prakash Mangal
Other payments to them · Lease Rent Expense, Borrowings (Net of Repayment), Dividend Paid, Dividend Paid, Guarantee
also owns 16.61% of the company
₹5.5 L
company paid
Specific Worldwide LLP
Other payments to them · Purchase of Products / Services
also owns 6.31% of the company
₹3.3 L
company paid
Rashmi Mangal
Other payments to them · Dividend
also owns 9.22% of the company
₹3 L
company paid
MANGALAM WORLDWIDE LIMITED
Other payments to them · Sale of Products / Services, Other Income, Transfer of Gratuity / Leave Liability, Dividend Paid
also owns 6.25% of the company
₹2.1 L
company paid
Honey Mangal
Other payments to them · Dividend
also owns 0.35% of the company
₹0.11 L
company paid
Chandragupt Prakash Mangal
Leases As Lessee · Lease Rent
also owns 17.38% of the company
₹0.03 L
company received

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.