Stock Report

Mangalam Worldwide Reports Q1 FY27 Net Profit of ₹12.02 Crore, Up 18.7% YoY; Operational Revenue Rises to ₹316.22 Crore

Posted On : 2026-07-24 20:44:22( TIMEZONE : IST )

Mangalam Worldwide Limited (NSE: MWL, CIN: L27100GJ1995PLC028381), an Ahmedabad-headquartered steel and manufacturing company, announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered a healthy year-on-year (YoY) expanding top-line, backed by strong revenue growth from operations, with quarterly net profit rising by over 18% compared to the same period last year.

Operational & Revenue Breakdown

Note: All financial figures are reported in ₹ Lakh in the official filing and converted to ₹ Crore where applicable for clarity (1 Crore = 100 Lakh).

Revenue from Operations: Grew 14.68% YoY to ₹316.22 crore (₹31,621.65 lakh), up from ₹275.73 crore (₹27,573.18 lakh) in Q1 FY26. On a sequential basis, operational revenue advanced 19.35% QoQ compared to ₹264.95 crore (₹26,495.10 lakh) in Q4 FY26.

Other Income: Stood at ₹0.64 crore (₹63.80 lakh), compared to ₹3.67 crore in Q1 FY26 and ₹1.56 crore in Q4 FY26.

Total Income: Reached ₹316.85 crore (₹31,685.45 lakh), registering a 13.40% YoY increase from ₹279.41 crore (₹27,940.59 lakh) in Q1 FY26 and up 18.89% QoQ from ₹266.51 crore (₹26,650.77 lakh) in Q4 FY26.

Profitability & Margin Performance

Profit Before Tax (PBT): Rose 25.66% YoY to ₹12.73 crore (₹1,272.76 lakh), up from ₹10.13 crore (₹1,012.80 lakh) in Q1 FY26.

Tax Expenses: Came in at ₹0.70 crore (₹70.44 lakh), including current tax of ₹0.40 lakh and deferred tax charge of ₹70.04 lakh.

Net Profit After Tax (PAT): Increased 18.71% YoY to ₹12.02 crore (₹1,202.32 lakh), compared to ₹10.13 crore (₹1,012.80 lakh) in Q1 FY26 (down 21.78% QoQ from ₹15.37 crore in Q4 FY26).

PAT Attributable to Owners: Stood at ₹11.91 crore (₹1,191.47 lakh) for the quarter.

Other Comprehensive Income (OCI): Totaled ₹7.10 crore (₹709.87 lakh) post-tax.

Total Comprehensive Income: Reached ₹19.12 crore (₹1,912.19 lakh), up significantly from ₹9.50 crore (₹950.28 lakh) in Q1 FY26.

Earnings Per Share (EPS): Basic and Diluted EPS for the quarter stood at ₹4.01 per share (face value ₹10/- each, not annualized), compared to ₹3.41 in Q1 FY26 and ₹5.17 in Q4 FY26.

Key Expense Breakdown (Q1 FY27)

Total consolidated expenses for Q1 FY27 came in at ₹304.13 crore (₹30,412.69 lakh), up from ₹269.54 crore (₹26,954.11 lakh) in Q1 FY26 and ₹250.09 crore (₹25,009.27 lakh) in Q4 FY26:

Cost of Materials Consumed: ₹269.75 crore (₹26,974.85 lakh), compared to ₹240.03 crore in Q1 FY26.

Purchase of Stock-in-Trade: ₹4.76 crore (₹475.54 lakh), down from ₹5.59 crore in Q1 FY26.

Changes in Inventories: -₹38.57 crore (-₹3,856.68 lakh).

Employee Benefit Expense: ₹9.69 crore (₹969.39 lakh), up from ₹8.60 crore in Q1 FY26.

Finance Costs: ₹13.88 crore (₹1,388.38 lakh), compared to ₹7.43 crore in Q1 FY26.

Depreciation & Amortization Expense: ₹3.11 crore (₹311.13 lakh), compared to ₹2.42 crore in Q1 FY26.

Other Expenses: ₹41.50 crore (₹4,150.08 lakh), compared to ₹34.43 crore in Q1 FY26.

Financial Ratios & Balance Sheet Position

Paid-Up Equity Share Capital: Remained unchanged at ₹29.70 crore (₹2,970.07 lakh) with a face value of ₹10 per share.

Net Worth: Expanded to ₹324.60 crore (₹32,460.02 lakh) as of June 30, 2026, compared to ₹305.48 crore as of March 31, 2026.

Debt-Equity Ratio: 1.09x (versus 0.77x in Q4 FY26).

Interest Service Coverage Ratio (ISCR): 2.25x (versus 3.01x in Q4 FY26).

Debt Service Coverage Ratio (DSCR): 1.83x (versus 2.68x in Q4 FY26).

Current Ratio: 1.53x (versus 1.51x in Q4 FY26).

Long-Term Debt to Working Capital Ratio: 0.60x.

Operating Margin Ratio: 8.81% (compared to 10.13% in Q4 FY26).

Net Profit Margin Ratio: 3.80% (compared to 5.80% in Q4 FY26).