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Mangal Electrical Industries Ltd

NSE: MEIL · BSE: 544492 · General Industrials · 30 announcements

Share price
₹270.40
Market cap
₹747.1 Cr
Revenue (annual)
₹579.7 Cr
Net profit (annual)
₹43.17 Cr
P/E (TTM)
15.9×Sector 53.9×
Promoter holding
74.79%+0.00% QoQ
FII holding
1.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

17:31 IST BSE
Management Change

Mangal Electrical Industries Management Change

Mangal Electrical Industries appointed Mr. Rohit Pokharna as Chief Financial Officer, effective September 16, 2026. The Board also approved the Cost Audit Report for FY 2025-26.

09:55 IST BSE
Credit Rating

Mangal Electrical Industries Credit Rating

CARE Ratings assigned 'CARE A-; Stable' and 'CARE A2+' ratings to Mangal Electrical Industries Ltd's bank facilities. The total rated amount is ₹133.12 Crore.

Value
₹133.1 Cr
16:59 IST BSE
Other Announcement

Mangal Electrical Industries Other Announcement

Mangal Electrical Industries Ltd disclosed its key performance indicators as mandated by SEBI ICDR Regulations, 2018. The filing includes an auditor-certified summary of financial metrics.

16:28 IST BSE
Annual General Meeting

Mangal Electrical Industries Annual General Meeting

Mangal Electrical Industries Limited conducted its 18th Annual General Meeting on August 26, 2026. Shareholders approved financial statements, director appointments, and the company's ESOP 2025 plan.

11:33 IST BSE
Other Announcement

Mangal Electrical Industries Other Announcement

Mangal Electrical Industries Ltd submitted its Monitoring Agency Report for the June 2026 quarter. CARE Ratings reported a delay in capex deployment from the Rs. 400 Crore IPO proceeds.

Value
₹400.0 Cr
19:05 IST BSE
Annual Report

Mangal Electrical Industries Annual Report

Mangal Electrical Industries Ltd has published its Annual Report for the financial year 2025-26. The report and the notice for the 18th AGM are available online.

18:59 IST BSE
Annual General Meeting

Mangal Electrical Industries Annual General Meeting

Mangal Electrical Industries Limited issued a notice for its 18th AGM to be held on August 26, 2026. The meeting addresses financial adoption, director appointments, and ESOP implementation.

11:00 IST BSE
Results Update

Mangal Electrical Industries Results Update

Mangal Electrical Industries Ltd reported Q1 FY27 revenue of ₹125.8 Crore and PAT of ₹7.5 Crore. Profit after tax grew by 101% YoY.

Value
₹144.4 Cr
10:23 IST BSE
Management Change

Mangal Electrical Industries Management Change

Mangal Electrical Industries appointed Ms. Neha Rathi as an Independent Director. The company also re-appointed SCLJ & Associates as Internal Auditor and SMKG & Co as Secretarial Auditor.

19:19 IST BSE
Results Update

Mangal Electrical Industries Results Update

Mangal Electrical Industries reported Q1 FY27 Revenue of ₹125.8 Crore, up 40% YoY. Net profit increased significantly to ₹7.5 Crore, supported by operational efficiencies.

17:59 IST NSE
Results Correction

Mangal Electrical Industries Results Correction

Mangal Electrical Industries Limited clarified to the NSE that it has only one reportable business segment, justifying the absence of segment details in its quarterly financial results.

14:48 IST BSE
Board Meeting Date

Mangal Electrical Industries Board Meeting Date

Mangal Electrical Industries Limited scheduled a board meeting for July 29, 2026. The meeting will consider standalone unaudited financial results for the quarter ended June 2026.

15:30 IST BSE
Business Update

Mangal Electrical Industries Business Update

Mangal Electrical Industries acquired 1.4315 hectares of industrial land for ₹8 Crore. This expansion aims to augment manufacturing capacity and support long-term growth.

Value
₹8.00 Cr
09:56 IST BSE
Management Change

Mangal Electrical Industries Management Change

Mangal Electrical Industries CFO Pawan Mendiratta has resigned due to personal reasons. He will be relieved from his duties effective September 03, 2026.

13:13 IST BSE
Other Announcement

Mangal Electrical Industries Other Announcement

Mangal Electrical Industries confirmed it is not a Large Corporate for FY 2025-26. The company remains exempt from mandatory debt-raising requirements under SEBI's framework.

10:52 IST NSE
Board Meeting Outcome

Mangal Electrical Industries Board Meeting Outcome

Mangal Electrical Industries approved the re-appointment of Directors Ashish Mangal and Sumer Singh for 24-month terms. These leadership continuities will take effect from September 30, 2026.

Execution
24 months
10:47 IST NSE
Management Change

Mangal Electrical Industries Management Change

Mangal Electrical Industries re-appointed Mr. Ashish Mangal and Mr. Sumer Singh as directors for 24-month terms. The move ensures leadership continuity through September 2028.

Execution
24 months
20:16 IST BSE
Fund Raise

Mangal Electrical Industries Fund Raise of ₹400 Cr

Mangal Electrical Industries Ltd reported IPO proceeds utilization for the quarter ended March 2026. The ₹400 Crore funds are being deployed for debt repayment and capex.

Value
₹400.0 Cr
19:31 IST BSE
Financial Results

Mangal Electrical Industries Financial Results

Mangal Electrical Industries approved FY26 audited results with ₹586.99 Crore total income. The board also approved a new employee stock option plan and auditor re-appointments.

Value
₹587.0 Cr
13:12 IST BSE
Board Meeting Date

Mangal Electrical Industries Board Meeting Date

Mangal Electrical Industries Ltd has scheduled a Board Meeting on May 13, 2026, to approve audited financial results for the year ended March 31, 2026. The board will also consider granting Employee Stock Options. Consequently, the trading window for designated persons remains closed until 48 hours after the results declaration.

17:46 IST BSE
Other Announcement

Mangal Electrical Industries Other Announcement

Mangal Electrical Industries Ltd submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, prepared by Arms & Associates LLP, confirms the company's compliance with applicable SEBI regulations and statutory provisions. No material non-compliances or observations were reported by the practicing company secretary.

15:41 IST BSE
Order Update

Mangal Electrical Industries Order Update

Mangal Electrical Industries Ltd received a renewal of its manufacturer approval from Power Grid Corporation of India Limited. Valid until April 2029, this accreditation for 765 kV class CRGO slitting and laminations reaffirms the company's strong position in the large power transformer segment for POWERGRID projects.

Execution
Valid up to April 22, 2029
13:04 IST BSE
Legal & Regulatory

Mangal Electrical Industries Legal & Regulatory

Mangal Electrical Industries Ltd received a GST demand order for ₹55.73 lakhs from the Rajasthan state tax authority. The demand relates to alleged irregular Input Tax Credit and GST on director corporate guarantees. The company intends to appeal the order before the Appellate Tribunal and maintains there is no immediate material financial impact.

Value
₹0.56 Cr
16:50 IST BSE
Legal & Regulatory

Mangal Electrical Industries Legal & Regulatory

Mangal Electrical Industries Ltd received an order from the Rajasthan State Tax Appellate Authority confirming a GST demand of ₹55.73 lakhs. The demand relates to alleged excess Input Tax Credit availment for FY 2017-18. The company intends to appeal the order before the Appellate Tribunal.

Value
₹0.56 Cr
09:50 IST BSE
Other Announcement

Mangal Electrical Industries Other Announcement

Mangal Electrical Industries Ltd submitted its Regulation 74(5) certificate for the quarter ended March 31, 2026. The registrar, Bigshare Services Private Limited, confirmed that security certificates received for dematerialization were processed and listed on the exchanges within the mandated 15-day timeline.