Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mangalam Global Enterprise Ltd

About the Company - Mangalam Global Enterprise Ltd

Mangalam Global Enterprise Ltd. is a Public Limited Listed company incorporated on 27/09/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24224GJ2010PLC062434 and registration number is 062434. Currently Company is involved in the business activities of Manufacture of vegetable and animal oils and fats. Company’s Total Operating Revenue is Rs. 1188.76 Cr. and Equity Capital is Rs. 26.02 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - Others101, Mangalam Corporate House, 19/B, Kalyan Society, Ahmedabad Gujarat 380006info@groupmangalam.com
http://www.groupmangalam.com
Management
NamePosition Held
Mr. Vipin Prakash MangalChairman & Executive Director
Mr. Chanakya Prakash MangalManaging Director
Mr. Chandragupt Prakash MangalManaging Director
Mrs. Sarika ModiNon Executive Director
Mr. Praveen Kumar GuptaNon Exe. & Ind. Director
Mr. Shubhang MittalNon Exe. & Ind. Director
Mr. Anilkumar Shyamlal AgrawalNon Exe. & Ind. Director
Mr. Chandravijay AroraExecutive Director

Mangalam Global Enterprise Ltd. Share Price Update

Share PriceValue
Today₹21.95
Previous Day₹22.60

Basic Stock Data of Mangalam Global Enterprise Ltd

Market Cap 319 Cr.
Current Price 22.1
High / Low28.2/11.5
Stock P/E19.7
Book Value 8.63
Dividend Yield0.09 %
ROCE10.8 %
ROE13.8 %
Face Value 2.00

Data Source: screener.in

Competitors of Mangalam Global Enterprise Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Chembond Chemicals Ltd 693 Cr. 515640/23014.5 2550.59 %10.9 %7.89 % 5.00
Chemcon Speciality Chemicals Ltd 993 Cr. 271319/22137.1 1281.48 %15.4 %12.5 % 10.0
Omkar Speciality Chemicals Ltd 16.9 Cr. 8.2012.4/6.80 83.00.00 %10.5 %% 10.0
Thirumalai Chemicals Ltd 2,677 Cr. 261264/168 1180.57 %10.9 %7.88 % 1.00
Vadivarhe Speciality Chemicals Ltd 48.4 Cr. 37.955.0/27.6 2.090.00 %7.61 %13.5 % 10.0
Industry Average350.66 Cr218.6210.32117.220.53%11.06%8.35%7.2

Mangalam Global Enterprise Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales197.05267.63256.52170.45256.17594.17284.66221.13573.43333.13323.96440.40531.97
Expenses195.18265.22255.53171.16252.44588.01290.71222.15564.48319.83314.42436.11526.23
Operating Profit1.872.410.99-0.713.736.16-6.05-1.028.9513.309.544.295.74
OPM %0.95%0.90%0.39%-0.42%1.46%1.04%-2.13%-0.46%1.56%3.99%2.94%0.97%1.08%
Other Income0.672.271.541.921.503.675.0510.471.461.292.435.564.58
Interest1.992.112.602.502.772.672.653.273.794.036.556.776.32
Depreciation0.550.550.781.041.090.840.720.740.760.900.970.930.53
Profit before tax0.002.02-0.85-2.331.376.32-4.375.445.869.664.452.153.47
Tax %21.29%22.35%24.46%22.63%21.36%21.51%18.75%23.04%20.19%-3.15%55.81%16.43%
Net Profit0.081.59-0.66-1.761.064.98-3.434.424.517.714.590.952.90
EPS in Rs0.030.15-0.04-0.120.110.38-0.260.340.330.560.320.070.20

Mangalam Global Enterprise Ltd Quarterly Chart

Mangalam Global Enterprise Ltd Profit & Loss

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3905829601,2791,4241,671
Expenses3825709481,2661,3951,635
Operating Profit81112132936
OPM %2%2%1%1%2%2%
Other Income0256510
Interest388111521
Depreciation133434
Profit before tax33641622
Tax %28%20%20%20%21%
Net Profit22541317
EPS in Rs1.340.260.460.330.921.24
Dividend Payout %2%51%43%61%2%

Mangalam Global Enterprise Ltd Profit & Loss Yearly Chart

Mangalam Global Enterprise Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:35%
TTM:-3%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:75%
TTM:89%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:36%
1 Year:-23%
Return on Equity
10 Years:%
5 Years:%
3 Years:9%
Last Year:14%

Mangalam Global Enterprise Ltd Balance Sheet

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital21625262829
Reserves324344508596
Borrowings2956122137254233
Other Liabilities81931587278
Total Liabilities71134222271439436
Fixed Assets264434386558
CWIP4000100
Investments233333
Other Assets3886184230361374
Total Assets71134222271439436

Mangalam Global Enterprise Ltd Reserves and Borrowings Chart

Mangalam Global Enterprise Ltd Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -4613-44-29-67
Cash from Investing Activity -30-25-1434-41
Cash from Financing Activity 761361-7109
Net Cash Flow102-11

Mangalam Global Enterprise Ltd Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days713372254
Inventory Days151593519
Days Payable22121319
Cash Conversion Cycle1926354554
Working Capital Days2731434567
ROCE %12%9%7%11%

Mangalam Global Enterprise Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Mangalam Global Enterprise Ltd ROCE Trend

Mangalam Global Enterprise Ltd EPS Trend

Mangalam Global Enterprise Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)0.981.441.862.6739.11
Diluted EPS (Rs.)0.901.411.862.6739.11
Cash EPS (Rs.)1.142.833.063.0214.31
Book Value[Excl.RevalReserv]/Share (Rs.)8.2630.6127.7437.92157.54
Book Value[Incl.RevalReserv]/Share (Rs.)8.2630.6127.7437.92157.54
Revenue From Operations / Share (Rs.)102.86490.81382.48362.901676.34
PBDIT / Share (Rs.)2.426.186.347.8733.13
PBIT / Share (Rs.)2.194.745.176.5929.61
PBT / Share (Rs.)1.161.732.372.2414.96
Net Profit / Share (Rs.)0.911.391.891.7410.79
NP After MI And SOA / Share (Rs.)0.911.652.312.1910.03
PBDIT Margin (%)2.351.261.652.161.97
PBIT Margin (%)2.130.961.351.811.76
PBT Margin (%)1.120.350.610.610.89
Net Profit Margin (%)0.890.280.490.480.64
NP After MI And SOA Margin (%)0.890.330.600.600.59
Return on Networth / Equity (%)11.095.408.415.926.76
Return on Capital Employeed (%)20.9011.8215.4212.1112.82
Return On Assets (%)2.891.582.612.733.29
Long Term Debt / Equity (X)0.140.100.190.440.48
Total Debt / Equity (X)2.081.511.700.880.79
Asset Turnover Ratio (%)4.205.156.176.800.00
Current Ratio (X)1.161.371.272.122.12
Quick Ratio (X)0.920.651.111.581.26
Inventory Turnover Ratio (X)5.4710.1327.0029.230.00
Dividend Payout Ratio (NP) (%)0.0012.145.151.380.46
Dividend Payout Ratio (CP) (%)0.006.483.420.870.34
Earning Retention Ratio (%)0.0087.8694.8598.6299.54
Cash Earning Retention Ratio (%)0.0093.5296.5899.1399.66
Interest Coverage Ratio (X)2.431.532.261.812.26
Interest Coverage Ratio (Post Tax) (X)1.961.091.671.401.74
Enterprise Value (Cr.)427.79659.30202.15135.260.00
EV / Net Operating Revenue (X)0.300.510.210.230.00
EV / EBITDA (X)12.7640.9712.7210.710.00
MarketCap / Net Operating Revenue (X)0.140.430.110.140.00
Retention Ratios (%)0.0087.8594.8498.6199.53
Price / BV (X)1.766.981.671.450.00
Price / Net Operating Revenue (X)0.140.430.110.140.00
EarningsYield0.060.010.050.040.00

Mangalam Global Enterprise Ltd Profitability Ratios (%)

Mangalam Global Enterprise Ltd Liquidity Ratios

Mangalam Global Enterprise Ltd Liquidity Ratios (%)

Mangalam Global Enterprise Ltd Interest Coverage Ratios (%)

Mangalam Global Enterprise Ltd Valuation Ratios

Fair Value of Mangalam Global Enterprise Ltd Stock

Fair Value: ₹23.48

The stock is undervalued by 6.26% compared to the current price ₹22.1

*Investments are subject to market risks

Strength and Weakness of Mangalam Global Enterprise Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (322.50 cr) and profit (9.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 9.66 and average Dividend Yield of 1.60%.
  2. The stock has a low average ROCE of 7.80%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 42.60, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 35.80, which may not be favorable.
  5. The company has higher borrowings (138.50) compared to reserves (58.33), which may suggest financial risk.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Global Enterprise 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