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.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Mangal Electrical Industries Ltd reported revenue from operations of ₹125.8 Cr (+40.2% YoY) and net profit of ₹7.5 Cr (+102.7% YoY) for Q1 FY27.
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.
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.
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.
Mangal Electrical Industries CFO Pawan Mendiratta has resigned due to personal reasons. He will be relieved from his duties effective September 03, 2026.
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.
Mangal Electrical FY26 revenue reached ₹579.7 Cr with 11.8% EBITDA margin. Focus remains on transformer components, higher kV class expansion, and EPC services.
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.
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.
Mangal Electricals reports FY26 revenue of ₹579.7 Cr with 11.8% EBITDA margin. Focus is on expanding into higher 765kV CRGO processing and greenfield transformer manufacturing.
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.
Mangal Electrical Industries Ltd reported revenue from operations of ₹179.4 Cr (+17.3% YoY) and net profit of ₹12.8 Cr (-7.9% YoY) for Q4 FY26.
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.
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.
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.
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.
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.
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.
Mangal Electrical Industries Ltd reported net profit of ₹13.4 Cr (-1.5% YoY) for Q3 FY26.
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.