Mangalam Drugs and Organics Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹278.15Undervalued by 814.97%vs CMP ₹30.40

P/E (15.0) × ROE (34.8%) × BV (₹65.30) × DY (2.00%)

Defaults: P/E=15

₹108.27Undervalued by 256.15%vs CMP ₹30.40
MoS: +71.9% (Strong)Confidence: 56/100 (Moderate)Models: 6 Under, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹138.4226%Under (+355.3%)
Graham NumberEarnings₹80.1323%Under (+163.6%)
Net Asset ValueAssets₹64.9610%Under (+113.7%)
EV/EBITDAEnterprise₹261.7413%Under (+761%)
Earnings YieldEarnings₹43.7010%Under (+43.8%)
ROCE CapitalReturns₹18.2610%Over (-39.9%)
Revenue MultipleRevenue₹100.288%Under (+229.9%)
Consensus (7 models)₹108.27100%Undervalued
Key Drivers: EPS CAGR -50.2% drags value — could be higher if earnings stabilize. | Wide model spread (₹18–₹262) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -50.2% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Mangalam Drugs and Organics Ltd operates in the Pharmaceuticals segment, NSE: MANGALAM | BSE: 532637, current market price is ₹30.40, market cap is 48.2 Cr.. At a glance, ROE is 34.8 %, ROCE is 14.0 %, book value is 65.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹108.27, which is about 256.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹318 Cr versus the prior period change of -13.8%, while latest net profit is about ₹7 Cr with a prior-period change of 177.8%. The 52-week range shown on this page is 86.0/22.7, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMangalam Drugs and Organics Ltd. is a Public Limited Listed company incorporated on 18/04/1972 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Numb…

This summary is generated from the stock page data available for Mangalam Drugs and Organics Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

49
Mangalam Drugs and Organics Ltd scores 49/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health65/100 · Strong
ROCE 14.0% GoodROE 34.8% ExcellentD/E 0.64 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 35.7% Stable
Earnings Quality60/100 · Moderate
OPM stable around 8% SteadyWorking capital: 13 days (improving) Efficient
Quarterly Momentum15/100 · Weak
Revenue (4Q): -31% YoY DecliningProfit (4Q): -397% YoY DecliningOPM: -2.5% (down 12.4% YoY) Margin pressure
Industry Rank40/100 · Moderate
ROCE 14.0% vs industry 25.3% Below peersROE 34.8% vs industry 18.4% Above peers3Y sales CAGR: -11% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 7:21 am

Market Cap 48.2 Cr.
Current Price 30.4
Intrinsic Value₹108.27
High / Low 86.0/22.7
Stock P/E
Book Value 65.3
Dividend Yield0.00 %
ROCE14.0 %
ROE34.8 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mangalam Drugs and Organics Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Lactose (India) Ltd 125 Cr. 99.0 137/76.018.0 51.50.00 %11.3 %9.81 % 10.0
MPS Pharmaa Ltd 3.80 Cr. 1.99 2.08/1.57 0.040.00 %13.1 %177 % 10.0
Gujarat Themis Biosyn Ltd 4,415 Cr. 405 479/22590.7 26.40.16 %17.9 %17.4 % 1.00
Gujarat Terce Laboratories Ltd 27.8 Cr. 35.7 59.8/29.012.5 12.50.00 %39.2 %30.2 % 10.0
Gujarat Inject (Kerala) Ltd 168 Cr. 11.5 14.3/1.9056.2 0.810.00 %22.9 %16.6 % 1.00
Industry Average23,072.45 Cr1,307.3954.56215.820.36%25.34%18.37%6.02

All Competitor Stocks of Mangalam Drugs and Organics Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 63.3291.1187.4681.5697.34102.2476.5379.9488.7173.0457.3549.5458.49
Expenses 56.8490.8790.9479.3790.3690.5468.3471.2579.9462.8861.8652.3759.96
Operating Profit 6.480.24-3.482.196.9811.708.198.698.7710.16-4.51-2.83-1.47
OPM % 10.23%0.26%-3.98%2.69%7.17%11.44%10.70%10.87%9.89%13.91%-7.86%-5.71%-2.51%
Other Income 0.130.290.020.030.000.050.020.140.130.210.000.030.11
Interest 3.223.433.413.243.313.953.753.673.494.034.045.034.05
Depreciation 2.882.753.423.733.623.863.873.973.934.614.384.534.37
Profit before tax 0.51-5.65-10.29-4.750.053.940.591.191.481.73-12.93-12.36-9.78
Tax % 15.69%-22.30%-7.29%-25.05%-920.00%9.90%-355.93%-125.21%5.41%90.75%6.19%-41.42%0.00%
Net Profit 0.43-4.39-9.54-3.560.503.552.682.691.400.15-13.73-7.25-9.78
EPS in Rs 0.27-2.77-6.03-2.250.322.241.691.700.880.09-8.67-4.58-6.18

Last Updated: February 5, 2026, 2:05 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 11:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 123221295299269228282380451372369318238
Expenses 113200257252222218259327402347351282237
Operating Profit 1020384747102453492617361
OPM % 8%9%13%16%17%4%8%14%11%7%5%11%1%
Other Income 000-0101500000
Interest 10109101291091113141517
Depreciation 444577891011151618
Profit before tax -46243129-6640282-115-33
Tax % -22%-2%33%29%32%40%-32%29%29%43%-18%-39%
Net Profit -36162220-8828201-97-31
EPS in Rs -2.314.6611.1514.0812.57-5.075.2117.6712.420.80-5.724.37-19.34
Dividend Payout % 0%0%0%0%4%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)300.00%166.67%37.50%-9.09%-140.00%200.00%250.00%-28.57%-95.00%-1000.00%177.78%
Change in YoY Net Profit Growth (%)0.00%-133.33%-129.17%-46.59%-130.91%340.00%50.00%-278.57%-66.43%-905.00%1177.78%

Mangalam Drugs and Organics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: July 7, 2026, 1:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 131416161616161616161616
Reserves 16477088808811513513612713387
Borrowings 78606669655270888910796105
Other Liabilities 633838545075649011710811499
Total Liabilities 170160190227211231264328358357359308
Fixed Assets 535493102103101118135142147156152
CWIP 050001669830
Investments 002000000000
Other Assets 11710095125107128140188206202201156
Total Assets 170160190227211231264328358357359308

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 14224325223128263812434
Cash from Investing Activity + -4-11-39-16-9-7-31-27-22-18-19-12
Cash from Financing Activity + -10-11-3-9-11-2333-176-226
Net Cash Flow 1-00-010-11-1-02-2
Free Cash Flow 1011391224-4-216-623-8
CFO/OP 69%68%107%66%223%129%69%70%148%71%119%-30%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow10.00-58.00-22.00-19.00-22.00-55.00-28.00-17.00-39.00-63.00-90.00-60.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 887337456128525238462845
Inventory Days 170134856913217512185139200185303
Days Payable 97128373882771066365139124199
Cash Conversion Cycle 161798575111126677411210788148
Working Capital Days 292632193121102343381813
ROCE %6%16%29%31%25%2%11%27%18%6%1%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 50.31%50.31%50.31%50.31%50.30%50.30%50.30%50.30%50.30%35.64%35.65%35.65%
FIIs 0.10%0.10%0.26%0.21%0.11%0.11%0.47%0.53%0.11%0.13%0.32%0.11%
Public 49.59%49.59%49.42%49.47%49.58%49.58%49.23%49.16%49.57%64.22%64.03%64.24%
No. of Shareholders 17,97818,61019,17319,31219,50819,67919,69719,72819,88121,22725,14024,465

Shareholding Pattern Chart

No. of Shareholders

Mangalam Drugs and Organics Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 10.0010.00
Basic EPS (Rs.) 4.25-5.73
Diluted EPS (Rs.) 4.25-5.73
Cash EPS (Rs.) 14.743.52
Book Value[Excl.RevalReserv]/Share (Rs.) 94.1285.79
Book Value[Incl.RevalReserv]/Share (Rs.) 94.1285.79
Revenue From Operations / Share (Rs.) 201.05232.87
PBDIT / Share (Rs.) 22.9511.05
PBIT / Share (Rs.) 12.461.80
PBT / Share (Rs.) 3.02-7.00
Net Profit / Share (Rs.) 4.25-5.73
NP After MI And SOA / Share (Rs.) 4.25-5.73
PBDIT Margin (%) 11.414.74
PBIT Margin (%) 6.190.77
PBT Margin (%) 1.50-3.00
Net Profit Margin (%) 2.11-2.46
NP After MI And SOA Margin (%) 2.11-2.46
Return on Networth / Equity (%) 4.51-6.68
Return on Capital Employeed (%) 11.271.67
Return On Assets (%) 1.83-2.71
Long Term Debt / Equity (X) 0.060.09
Total Debt / Equity (X) 0.540.64
Asset Turnover Ratio (%) 0.900.00
Current Ratio (X) 1.041.07
Quick Ratio (X) 0.310.31
Inventory Turnover Ratio (X) 2.430.00
Interest Coverage Ratio (X) 2.431.26
Interest Coverage Ratio (Post Tax) (X) 1.450.34
Enterprise Value (Cr.) 196.06233.41
EV / Net Operating Revenue (X) 0.610.63
EV / EBITDA (X) 5.4013.34
MarketCap / Net Operating Revenue (X) 0.360.39
Price / BV (X) 0.781.08
Price / Net Operating Revenue (X) 0.360.39
EarningsYield 0.05-0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Mangalam Drugs and Organics Ltd and is it undervalued?

As of 01 September 2026, Mangalam Drugs and Organics Ltd's intrinsic value is ₹108.27, which is 256.15% higher than the current market price of ₹30.40, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (34.8 %), book value (₹65.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Mangalam Drugs and Organics Ltd?

Mangalam Drugs and Organics Ltd is trading at ₹30.40 as of 01 September 2026, with a FY2026-2027 high of ₹86.0 and low of ₹22.7. The stock is currently near its 52-week low. Market cap stands at ₹48.2 Cr..

How does Mangalam Drugs and Organics Ltd's P/E ratio compare to its industry?

Mangalam Drugs and Organics Ltd has a P/E ratio of , which is below the industry average of 54.56. This is broadly in line with or below the industry average.

Is Mangalam Drugs and Organics Ltd financially healthy?

Key indicators for Mangalam Drugs and Organics Ltd: ROCE of 14.0 % is moderate; ROE of 34.8 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Mangalam Drugs and Organics Ltd profitable and how is the profit trend?

Mangalam Drugs and Organics Ltd reported a net profit of ₹7 Cr in Mar 2025 on revenue of ₹318 Cr. Compared to ₹20 Cr in Mar 2022, the net profit shows a declining trend.

Does Mangalam Drugs and Organics Ltd pay dividends?

Mangalam Drugs and Organics Ltd has a dividend yield of 0.00 % at the current price of ₹30.40. The company is currently not paying meaningful dividends.

Last Updated: August 25, 2026, 7:21 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532637 | NSE: MANGALAM
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mangalam Drugs and Organics Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE