Mangalam Global Enterprise Ltd. (MGEL) AI Stock Analysis

• Market Cap: ₹4.47B
• Dividend Yield: 0.07%
• Average Volume (3M): 165.12K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 0.46
• Revenue Growth: 12.35%
• EPS Growth: 22.87%
• Country: IN
• Employees: 61
• Sector: Services
• Sector Strength: N/A
• Industry: Agricultural Farm Products
• EPS (TTM): 0.54
• Shares Outstanding: 329,555,600
• 10 Day Avg. Volume: 94,321
• 30 Day Avg. Volume: 165,119
• PEG Ratio: 7.20
• Price to Book (P/B): 2.36
• Price to Sales (P/S): 0.21
• P/FCF Ratio: -9.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹17.00 ▲(21.60% Upside)

Mangalam Global Enterprise Ltd. scores well on financial performance due to strong revenue and profit growth, but cash flow management and reliance on liabilities are concerns. The technical analysis indicates weak momentum, while the valuation is reasonable with a strong dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a solid market position and effective product demand, supporting long-term business sustainability.

Market Reach

Strategic partnerships expand market presence and distribution channels, enabling sustained revenue generation and competitive advantage.

Profit Margin Stability

Stable profit margins reflect efficient operations and cost control, crucial for maintaining profitability in a volatile industry.

Negative Factors

Cash Flow Management

Negative free cash flow can limit investment capacity and debt repayment, posing risks to financial health and growth initiatives.

Debt Reliance

High reliance on debt increases financial risk, especially if economic conditions worsen, potentially impacting long-term stability.

EBITDA Margin Variability

Fluctuating EBITDA margins indicate potential operational inefficiencies, which could affect profitability and operational predictability.

Mangalam Global Enterprise Ltd. Business Overview & Revenue Model

Company Description

Mangalam Global Enterprise Limited, together with its subsidiaries, engages in the manufacturing, dealing, and trading of edible and non-edible oils, and agricultural products India and internationally. Its products include soya oil, soya meal, soya de oiled cake, mustard oil, mustard meal, mustard de oiled cake, refined castor oil first special grade, castor de-oiled cake, high protein castor de-oiled cake, and cotton bales. The company also trades in wheat, rice, etc. and other merchandise; processes wheat and rice; provides agency services. In addition, it offers refined soyabean oil, refined vegetable oil and pungent mustard oil under the LAGNAM brand name. The company was formerly known as Mangalam Global Enterprise Private Limited and changed its name to Mangalam Global Enterprise Limited in September 2019. Mangalam Global Enterprise Limited was founded in 1942 and is based in Ahmedabad, India.

How the Company Makes Money

MGEL generates revenue through multiple channels. Primarily, the company earns income from the sale of its manufactured products, which include textiles and consumer goods, to wholesalers, retailers, and end consumers. Additionally, MGEL engages in trading activities, sourcing products from various suppliers to meet market demands, thus earning a profit margin on these transactions. The company also benefits from strategic partnerships with local and international distributors, which enhance its market reach and sales volume. Furthermore, MGEL may explore opportunities in contract manufacturing, providing services to other brands, thereby diversifying its revenue streams. Overall, the combination of manufacturing, trading, and strategic partnerships contributes significantly to MGEL's financial performance.

Mangalam Global Enterprise Ltd. Financial Statement Overview

Summary

Mangalam Global Enterprise Ltd. shows strong revenue and profit growth, indicating a solid market position. However, cash flow management needs improvement, and the balance sheet suggests a reliance on liabilities, which could pose risks.

Income Statement

Mangalam Global Enterprise Ltd. has demonstrated robust revenue growth over the years, with a strong increase from 2024 to 2025. The gross profit margin has remained stable, indicating effective cost management despite an industry that can be volatile. The net profit margin has also shown a positive trajectory, reflecting improved bottom-line efficiency. However, the EBITDA margin has seen some fluctuation, which might suggest variability in operating expenses or other operational challenges.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, suggesting a balanced approach to leveraging. However, the equity ratio indicates that a significant portion of the company's assets is financed through liabilities, which could pose risks if external economic conditions change. Return on equity has improved, reflecting better utilization of shareholder funds, although the stockholders' equity has grown at a slower pace compared to total assets.

Cash Flow

Cash flow analysis shows a concerning pattern of negative free cash flow, though there is a notable improvement in operating cash flow in the latest period. The free cash flow to net income ratio indicates that not all earnings are converting into free cash flow, which could impact future investments or debt repayments. The operating cash flow to net income ratio suggests better alignment recently, highlighting improved cash generation from core operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	24.60B	22.81B	18.39B	14.25B	12.76B	9.58B
Gross Profit	745.67M	781.78M	723.41M	848.99M	361.24M	428.29M
EBITDA	579.07M	441.60M	516.00M	338.93M	199.28M	163.79M
Net Income	235.22M	231.01M	202.08M	126.96M	43.03M	57.93M
Balance Sheet
Total Assets	0.00	5.56B	4.20B	4.39B	2.71B	2.21B
Cash, Cash Equivalents and Short-Term Investments	7.95M	146.42M	16.14M	25.86M	17.97M	32.66M
Total Debt	0.00	2.24B	2.01B	2.37B	1.37B	1.22B
Total Liabilities	-2.02B	3.54B	2.81B	3.25B	1.91B	1.52B
Stockholders Equity	2.02B	2.02B	1.39B	1.14B	796.28M	688.16M
Cash Flow
Free Cash Flow	0.00	-478.26M	377.18M	-1.08B	-285.92M	-577.99M
Operating Cash Flow	0.00	-390.79M	398.60M	-672.28M	-285.92M	-470.09M
Investing Cash Flow	0.00	39.66M	16.56M	-410.88M	341.91M	-120.15M
Financing Cash Flow	0.00	342.95M	-424.88M	1.09B	-70.68M	611.57M

Mangalam Global Enterprise Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MGEL, the sentiment is Negative. The current price of 13.98 is below the 20-day moving average (MA) of 14.38, below the 50-day MA of 14.50, and below the 200-day MA of 14.91, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 35.27 is Neutral, neither overbought nor oversold. The STOCH value of 13.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MGEL.

Mangalam Global Enterprise Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MGEL	67 Neutral	₹4.47B	12.49	―	0.07%	12.35%	22.87%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
CINEVISTA	43 Neutral	₹924.73M	-3.51	―	―	37558.79%	-267.29%
TNTELE	41 Neutral	₹422.09M	-2.53	―	―	―	―
CYBERMEDIA	41 Neutral	₹345.98M	-3.41	―	―	3.93%	-6902.88%
SHANTI	39 Underperform	₹97.73M	-4.73	―	―	220.47%	-47.38%

Mangalam Global Enterprise Ltd. Corporate Events

Mangalam Global Enterprise Ltd. Confirms Compliance with SEBI Regulations

Mangalam Global Enterprise Ltd. has submitted a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certificate, processed by MUFG Intime India Private Limited, confirms that securities received for dematerialization have been appropriately handled, ensuring compliance with listing requirements and maintaining the integrity of the company’s securities management.