Mangalam Global Enterprise Ltd. (IN:MGEL)
:MGEL
Want to see IN:MGEL full AI Analyst Report?
Top Page
Mangalam Global Enterprise Ltd.
(MGEL)
Select Model
Select Model
Rating:70Neutral
Price Target:
₹17.50
▲(25.18% 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
Sustained Revenue Growth
Mangalam has delivered multi-year high revenue growth (double-digits most years, ~30% in 2026). Sustained top-line expansion supports scale economics, broader market penetration and the ability to invest in distribution or product capabilities, underpinning durable earnings growth potential.
Negative Factors
Thin Net Margins
Very thin and declining margins constrain the company's ability to absorb higher input costs or invest in growth while preserving profitability. Low margins increase sensitivity to cyclical shocks, require sustained high revenue growth to drive returns, and limit free-cash expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Mangalam has delivered multi-year high revenue growth (double-digits most years, ~30% in 2026). Sustained top-line expansion supports scale economics, broader market penetration and the ability to invest in distribution or product capabilities, underpinning durable earnings growth potential.
Read all positive factors
Mangalam Global Enterprise Ltd. (MGEL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.19B
Dividend Yield0.07%
Average Volume (3M)165.12K
Price to Earnings (P/E)11.4
Beta (1Y)0.47
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
Operating across India and internationally, Mangalam Global Enterprise Limited (MGEL) and its subsidiaries specialize in the production, commercial dealing, and trading of edible and non-edible oils, alongside a variety of agricultural commodities...
How the Company Makes Money
null...
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
Positive
13.98
Price Trends
14.19
Positive
12.82
Positive
13.92
Positive
Market Momentum
0.67
Positive
57.62
Neutral
51.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MGEL, the sentiment is Positive. The current price of 13.98 is below the 20-day moving average (MA) of 15.36, below the 50-day MA of 14.19, and above the 200-day MA of 13.92, indicating a bullish trend. The MACD of 0.67 indicates Positive momentum. The RSI at 57.62 is Neutral, neither overbought nor oversold. The STOCH value of 51.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 | ₹2.46B | 11.16 | ― | 0.67% | -7.17% | 18.55% | |
70 Neutral | ₹5.19B | 11.40 | ― | 0.07% | 48.35% | 89.80% | |
60 Neutral | ₹3.88B | 13.28 | ― | ― | 4.90% | 95.71% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
55 Neutral | ₹2.36B | -35.48 | ― | 0.11% | 12.54% | -2864.95% | |
52 Neutral | ₹3.03B | 33.07 | ― | 0.46% | -25.39% | -37.39% | |
43 Neutral | ₹2.58B | -10.36 | ― | 0.57% | 8.11% | -135.03% |
* Services Sector Average
IN:MGEL
Mangalam Global Enterprise Ltd.
15.75
0.85
5.70%
IN:HARRMALAYA
Harrisons Malayalam Ltd
210.30
2.15
1.03%
IN:JAYSREETEA
Jay Shree Tea & Industries Ltd.
89.29
-14.89
-14.29%
IN:PKTEA
Peria Karamalai Tea & Produce Co. Ltd.
763.00
-27.04
-3.42%
IN:SAKUMA
Sakuma Exports Limited
1.93
-1.05
-35.23%
IN:UNITEDTEA
United Nilgiri Tea Estates Co. Ltd.
492.85
72.59
17.27%
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...
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.