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Mangal Electrical Industries Limited share price

Mangal Electrical Industries Limited engages in the manufacture and trade of electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under the Mangal Electrical brand name in India and internationally. It offers transformer components, including transformer components, including CRGO slit coils, transformer laminations, amorphous cores, coil and core assemblies, wound cores, toroidal cores, immersed circuit breakers, and vacuum circuit breakers. The company also traders in CRGO and cold rolled non-oriented steel coils, as well as amorphous ribbons; and manufactures transformers with capacities ranging from single-phase …Read more
IndustrialsElectrical Equipment & PartsNSE: MEILISIN INE0PKD01011
16 Oct 2026, 3:29 PM IST₹280.20▼ 3.15 (1.11%)
  • Market Cap₹ 774 Cr.
  • Current Price₹ 280.20
  • High / Low₹ 495 / 206
  • Stock P/E16.3
  • Book Value₹ 217
  • Dividend Yield0.00 %
  • ROCE11.5 %
  • ROE11.50 %
  • Face Value₹ 2,763.0
More figures (10)
  • EPS (TTM)₹ 17.22
  • Price / Book1.29
  • OPM11.1 %
  • Debt / Equity0.08
  • Sales growth (4Y)17.8 %
  • Profit growth (4Y)20.4 %
  • Promoter holding74.8 %
  • EV / EBITDA10.4
  • Beta—
  • All-time high₹ 574

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
MEIL+4.32%-6.37%-3.42%-24.61%-39.57%——
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Mangal Electrical Industries Limited is in the Electrical Equipment & Parts industry (Industrials), with a market value of ₹774 crore.
  • It trades at 16.3 times its last 12 months' earnings and 1.3 times book value.
  • Revenue grew 17.8% a year over the last 4 years, profit 20.4% a year.
  • Return on equity was 11.5% and return on capital employed 11.5% in the latest year.
  • Debt was 0.08 times shareholders' equity.
  • The share price is 43.4% below its 52-week high and down 39.6% over one year.
  • Promoters and insiders hold about 74.8%; institutions about 4.2%.

Pros

  • Strong return on equity: 21.9% on average over the last 3 years.
  • Company is almost debt-free (debt is 0.08 times equity).
  • Latest quarter (Jun 2026): sales up 40% and profit up 102% from a year ago.
  • Promoters hold a large stake of 74.79%.

Cons

  • Institutional (FII + DII) holding has fallen by 5.4 points over 5 quarters.
  • The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Mangal Electrical Industries Limited

Mangal Electrical Industries Limited engages in the manufacture and trade of electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under the Mangal Electrical brand name in India and internationally. It offers transformer components, including transformer components, including CRGO slit coils, transformer laminations, amorphous cores, coil and core assemblies, wound cores, toroidal cores, immersed circuit breakers, and vacuum circuit breakers. The company also traders in CRGO and cold rolled non-oriented steel coils, as well as amorphous ribbons; and manufactures transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units, as well as customized products. In addition, it offers engineering, procurement, and construction services for setting up electrical sub-stations. Man…

Employees
810
Head office
Jaipur

Peer comparison

IndustrialsElectrical Equipment & Parts

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Mangal Electrical Industries280.2016.37740.008101.5212640.3411.5
2.CG Power and Industrial Solutions846.00106.71,33,2850.1631315.093,28119.1819.3
3.Hitachi Energy India28,990.00112.31,29,2150.0329459.962,44132.6524.9
4.Polycab India8,219.0039.21,23,8070.577847.948,21017.5230.4
5.Havells India1,121.0043.570,3501.08290-43.926,518-0.3922.1
6.APAR Industries16,033.0054.667,1340.3546786.996,56726.5626.7
7.KEI Industries4,482.3043.042,8710.1027421.013,1859.2818.7
8.Honeywell Automation India32,095.0051.528,3960.3415120.951,2041.8015.7
9.Schneider Electric Infrastructure1,157.50150.527,6760.0012-69.846514.7824.8
10.R R Kabel2,388.0044.527,0100.42205128.593,16853.9026.5
Median: 36 Co.3,435.1533.99,0090.3228220.983,17718.3523.5

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Standalone figures in ₹ crore

₹ CrJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
90244156179126
80212137162115
Operating Profit1032191811
OPM %11%13%12%10%9%
Other Income02332
Interest48222
Depreciation13221
Profit before tax523181710
26%26%26%26%26%
41713138
EPS in Rs1.827.785.014.682.72
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Standalone figures in ₹ crore

₹ CrMar 2026TTM
Sales580706
511626
Operating Profit6879
OPM %12%11%
Other Income79
Interest1213
Depreciation67
Profit before tax5868
26%26%
Net Profit4351
EPS in Rs17.4620.19

Compounded Sales Growth

TTM:
5%

Compounded Profit Growth

TTM:
8%

Stock Price CAGR

1 Year:
-40%

Return on Equity

4 Years:
23%
Last Year:
12%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital15152128
Reserves79100142563
979214945
31395571
Total Liabilities221247366707
34415181
CWIP021211
187204303615
Total Assets221247366707

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2737-30-101
4-13-18-158
-34-1842264
Net Cash Flow-26-75
Free Cash Flow2425-42-138

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—26.3%20.1%34.1%11.5%
ROCE—30.5%29.1%43.5%11.5%
Operating margin—12.0%8.6%14.1%11.1%
Net margin—7.0%4.7%8.6%7.4%
Debt / equity—1.030.800.920.08
Current ratio—2.181.741.574.99
Debtor days—907286129
Inventory days—10881128151
Days payable—26263234
Cash conversion cycle—172127182246
Working capital days—996772282

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 74.79%
  • FIIs 0.08%
  • DIIs 3.57%
  • Public 21.55%
%Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters74.44%74.79%74.79%74.79%74.79%
2.39%2.03%2.20%1.28%0.08%
6.68%6.19%4.43%4.30%3.57%
16.48%16.99%18.58%19.64%21.55%
No. of Shareholders65,10159,27055,71954,83453,285

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Mangal Electrical Industries

Holder (above 1%)Stake
Abakkus Diversified Alpha FundAIF2.89%

As named in the shareholding pattern for Sep 2026 filed with NSE. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
1 Jan 1970
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Mangal Electrical Industries Limited

What is the share price of Mangal Electrical Industries Limited today?
Mangal Electrical Industries Limited (MEIL) last traded at ₹280.20 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Mangal Electrical Industries Limited?
About ₹774 crore at the latest price.
What is the P/E ratio of Mangal Electrical Industries Limited?
About 16.3 times its earnings over the last 12 months.
Is Mangal Electrical Industries Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Mangal Electrical Industries Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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