Mangalam Global Enterprise Ltd. (IN:MGEL)
:MGEL
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Mangalam Global Enterprise Ltd.
(MGEL)
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Rating:70Neutral
Price Target:
₹15.50
▲(10.87% Upside)
Action:Downgraded
Date:04/21/26
The score is driven primarily by strong revenue growth and an improving balance-sheet leverage profile, supported by attractive valuation (reasonable P/E and high dividend yield). Offsetting these positives are thin margins and historically volatile operating cash flow, with technicals showing improving but not fully long-term-confirmed trend strength.
Positive Factors
Revenue Growth
Multi-year double-digit top-line growth demonstrates durable demand and successful market penetration in agri-commodities. Sustained scale increases bargaining power with suppliers and buyers, supports fixed-cost absorption and investment capacity, and underpins a structurally stronger earnings base over months.
Negative Factors
Thin Net Margins
Very low net margins leave limited buffer against commodity price moves, input cost inflation or logistics shocks. Margin thinness constrains retained earnings for reinvestment, makes returns sensitive to small pricing variations, and increases vulnerability to prolonged adverse cost trends.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Multi-year double-digit top-line growth demonstrates durable demand and successful market penetration in agri-commodities. Sustained scale increases bargaining power with suppliers and buyers, supports fixed-cost absorption and investment capacity, and underpins a structurally stronger earnings base over months.
Read all positive factors
Mangalam Global Enterprise Ltd. (MGEL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.31B
Dividend Yield0.07%
Average Volume (3M)165.12K
Price to Earnings (P/E)7.3
Beta (1Y)0.53
Revenue Growth48.35%
EPS Growth89.80%
CountryIN
Employees61
SectorServices
Sector StrengthN/A
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)1.09
Shares Outstanding329,555,600
10 Day Avg. Volume94,321
30 Day Avg. Volume165,119
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)1.48
Price to Sales (P/S)0.11
P/FCF Ratio17.41
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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, so...
How the Company Makes Money
MGEL primarily makes money by earning margins on the purchase and sale of commodity products (i.e., buying from growers/suppliers/aggregators and selling to wholesalers, processors, institutions, or other buyers). Revenue is generated when it invo...
Mangalam Global Enterprise Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
54
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.03B | 33.84B | 22.81B | 18.39B | 14.25B | 12.76B |
| Gross Profit | 710.47M | 873.52M | 781.78M | 723.41M | 848.99M | 361.24M |
| EBITDA | 684.95M | 610.18M | 441.60M | 516.00M | 338.93M | 199.28M |
| Net Income | 357.50M | 452.23M | 231.01M | 202.08M | 126.96M | 43.03M |
Balance Sheet | ||||||
| Total Assets | 7.36B | 8.05B | 5.56B | 4.20B | 4.39B | 2.71B |
| Cash, Cash Equivalents and Short-Term Investments | 243.74M | 255.30M | 146.42M | 16.14M | 25.86M | 17.97M |
| Total Debt | 2.34B | 2.15B | 2.24B | 2.01B | 2.37B | 1.37B |
| Total Liabilities | 5.10B | 5.57B | 3.54B | 2.81B | 3.25B | 1.91B |
| Stockholders Equity | 2.26B | 2.48B | 2.02B | 1.39B | 1.14B | 796.28M |
Cash Flow | ||||||
| Free Cash Flow | 229.56M | 210.65M | -478.26M | 377.18M | -1.08B | -285.92M |
| Operating Cash Flow | 230.65M | 230.78M | -390.79M | 398.60M | -672.28M | -285.92M |
| Investing Cash Flow | -139.71M | -102.06M | 39.66M | 16.56M | -410.88M | 341.91M |
| Financing Cash Flow | -61.38M | -101.25M | 342.95M | -424.88M | 1.09B | -70.68M |
Mangalam Global Enterprise Ltd. Technical Analysis
Neutral
13.98
Price Trends
12.38
Positive
12.47
Positive
14.05
Negative
Market Momentum
0.11
Positive
48.17
Neutral
18.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MGEL, the sentiment is Neutral. The current price of 13.98 is above the 20-day moving average (MA) of 13.66, above the 50-day MA of 12.38, and below the 200-day MA of 14.05, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 48.17 is Neutral, neither overbought nor oversold. The STOCH value of 18.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MGEL.
Mangalam Global Enterprise Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹3.98B | 10.14 | ― | ― | 2.02% | 17501.03% | |
71 Outperform | ₹2.67B | 11.56 | ― | 0.67% | -7.17% | 18.55% | |
70 Neutral | ₹4.31B | 7.31 | ― | 0.07% | 48.35% | 89.80% | |
61 Neutral | ₹2.43B | -8.30 | ― | 0.57% | 8.11% | -135.03% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
51 Neutral | ₹2.42B | 166.47 | ― | 0.11% | 4.94% | -103.08% | |
46 Neutral | ₹2.76B | 137.71 | ― | 0.46% | -16.20% | -83.32% |
* Services Sector Average
IN:MGEL
Mangalam Global Enterprise Ltd.
13.08
-0.06
-0.46%
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108.08
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Mangalam Global Enterprise Ltd. Corporate Events
Mangalam Global publishes FY26 audited results in Financial Express
Apr 21, 2026
Mangalam Global Enterprise Ltd. has published newspaper advertisements in the English and Gujarati editions of Financial Express detailing its consolidated audited financial results, along with key standalone numbers, for the quarter and financial...
Mangalam Global Endorses FY26 Audited Results, Proposes Dividend and New Auditors
Apr 18, 2026
Mangalam Global Enterprise Ltd. said its board has approved the standalone and consolidated audited financial results for the quarter and full year ended 31 March 2026, both carrying unmodified audit opinions, and has formally adopted the audited ...
Mangalam Global Enterprise clears FY26 results, recommends token dividend and new auditors
Apr 18, 2026
Mangalam Global Enterprise Ltd.’s board has approved the standalone and consolidated audited financial results for the quarter and full year ended March 31, 2026, both carrying an unmodified audit opinion. The board also signed off on the au...
Mangalam Global Enterprise Clears FY26 Results, Sets Dividend and New Auditors
Apr 18, 2026
Mangalam Global Enterprise Ltd.’s board has approved the standalone and consolidated audited financial results for the quarter and full year ended 31 March 2026, both carrying unmodified audit opinions, and formally adopted the audited finan...
SEBI Settlement Over Governance Lapses Leaves Mangalam Global’s Finances Unscathed
Apr 4, 2026
Mangalam Global Enterprise Ltd. has disclosed that the Securities and Exchange Board of India has issued a settlement order in a matter involving alleged misstatements and misrepresentation of financial statements, fictitious accounting entries, i...
Mangalam Global Shareholders Approve 2026 ESOP via Postal Ballot
Feb 21, 2026
Mangalam Global Enterprise Ltd. has reported the results of a postal ballot process in which shareholders approved key resolutions via remote electronic voting on February 20, 2026. The exercise was conducted in compliance with the Companies Act, ...
Mangalam Global Seeks Stock Exchange No-Objection Under SEBI Regulation 31A
Jan 23, 2026
Mangalam Global Enterprise Limited has notified the stock exchange that it has submitted an application to recognized stock exchanges seeking a no-objection certificate under Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Req...
Mangalam Global Seeks Shareholder Nod for Group-Wide ESOP 2026 via Postal Ballot
Jan 21, 2026
Mangalam Global Enterprise Ltd. has initiated a postal ballot process to seek shareholder approval for its Employee Stock Option Plan 2026, including the grant of stock options to eligible employees of the company as well as those of its wholly ow...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.