MEIL Share Price | Mangal Electrical Industries Ltd Stock Analysis & Recommendation

Q: What does Mangal Electrica do?

Overview:Mangal Electrical Industries Ltd operates in the Other Electrical Equipment industry and is categorized as a Micro Cap company.History:The company was originally formed as a partnership firm on April 28, 1989, and was later converted into a Private Limited Company on April 1, 2008. The latest quarterly results report net sales and net profit for June 2026.Financial Snapshot:Net Sales: 126 Cr (Quarterly Results - Jun 2026) Net Profit: 8 Cr (Quarterly Results - Jun 2026) Market Cap: INR 799 Cr (Micro Cap)Key Metrics:P/E: 17.00 Industry P/E: 56 Dividend Yield: 0.00% Debt Equity: -0.08 Return on Equity: 7.95% Price to Book: 1.40 Contact Details:Registrar Address: Not available. Phone: N/A Email: N/A Website: N/A

Q: Who are the peers of the Mangal Electrica?

Peers: The peers of Mangal Electrica are Hindusthan Insul, Salzer Electron., Kirl. Electric, Prostarm Info, Solex Energy, Permanent Magnet, Spel Semiconduct, Viviana Power, and Prizor Viztech.Quality Snapshot: Below Average management risk is observed at Hindusthan Insul, Kirl. Electric, Spel Semiconduct, and the rest. Average management risk is found at Salzer Electron., Prostarm Info, Solex Energy, Permanent Magnet, Viviana Power, Prizor Viztech, and the rest. Excellent growth is noted at Solex Energy, while Average growth is seen at Hindusthan Insul, Prostarm Info, Permanent Magnet, Viviana Power, Prizor Viztech, and the rest. Below Average growth is present at Salzer Electron., Kirl. Electric, Spel Semiconduct, and the rest. Mangal Electrica has an Excellent capital structure, while Good capital structure is seen at Prostarm Info, Permanent Magnet, Viviana Power, Prizor Viztech, and the rest, and Below Average capital structure is noted at Hindusthan Insul, Salzer Electron., Kirl. Electric, Spel Semiconduct, and the rest.Return Snapshot: The peer with the highest 1-year return is Hindusthan Insul at 202.21%, while the peer with the lowest 1-year return is Mangal Electrica at -45.58%. Mangal Electrica's 1-year return is significantly lower than that of Hindusthan Insul. Additionally, the six-month returns for Salzer Electron., Prostarm Info, and Mangal Electrica are negative.

Technical Trend Update: Mangal Electrica witnessed a change in Technical Grade on 24 Sep 2026. Click here to discover latest technical change!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

18.83 k (-19.59%) Volume

Shareholding (Jun 2026)

FII

1.28%

Held by 3 FIIs

DII

4.30%

Held by 0 DIIs

Promoter

74.79%

Which are the latest news on Mangal Electrica?

25-Sep-2026

Mangal Electrical Industries Ltd Faces Bearish Momentum Amid Technical Downgrade
Mangal Electrical Industries Ltd is Rated Sell

Why is Mangal Electrical Industries Ltd falling/rising?

06-Sep-2026

As of 05-Sep, Mangal Electrical Industries Ltd's stock price is rising to 287.25, up 1.25%. However, it has a year-to-date drop of 22.67% and a one-year decline of 48.31%, indicating long-term performance concerns despite recent gains.

View full answer

What does Mangal Electrica do?

01-Sep-2026

Mangal Electrical Industries Ltd is a Micro Cap company in the Other Electrical Equipment industry, reporting net sales of 126 Cr and a net profit of 8 Cr for June 2026. It has a market cap of INR 799 Cr and a P/E ratio of 17.00.

View full answer

Who are the peers of the Mangal Electrica?

01-Sep-2026

Mangal Electrica's peers include Hindusthan Insul, Salzer Electron, Kirl. Electric, and others, with varying management and growth risks. Mangal Electrica has the lowest 1-year return at -45.58%, compared to Hindusthan Insul's highest return of 202.21%.

View full answer

How big is Mangal Electrica?

01-Sep-2026

As of 31st August, Mangal Electrical Industries Ltd has a market capitalization of 799.00 Cr, with Net Sales of 615.85 Cr and a Net Profit of 46.96 Cr reported in the latest four quarters. The company has Shareholder's Funds of 590.37 Cr and Total Assets of 699.83 Cr as of March 2026.

View full answer

Should I buy, sell or hold Mangal Electrical Industries Ltd?

30-Jul-2026

When is the next results date for Mangal Electrical Industries Ltd?

21-Jul-2026

The next results date for Mangal Electrical Industries Ltd is July 29, 2026.

View full answer

Are Mangal Electrical Industries Ltd latest results good or bad?

15-May-2026

Mangal Electrical Industries Ltd reported strong net sales growth of 14.81% quarter-on-quarter, reaching ₹179.42 crores, but faced a decline in net profit by 4.78% and a drop in operating margins, indicating significant cost pressures. Overall, while revenue growth is positive, the profitability decline raises concerns about the company's financial health.

View full answer

Compare Mangal Electrica with Similar Stocks

Solex Energy Saakshi Medtech Kirl. Electric

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor Management Efficiency with a low ROE of 25.51%

The company has been able to generate a Return on Equity (avg) of 25.51% signifying low profitability per unit of shareholders funds

Poor long term growth as Operating profit has grown by an annual rate 37.47% of over the last 5 years

Negative results in Jun 26

Falling Participation by Institutional Investors

Below par performance in long term as well as near term

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Other Electrical Equipment

Market cap

INR 746 Cr (Micro Cap)

P/E

16.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.08

Return on Equity

7.95%

Price to Book

1.27

Revenue and Profits:

Net Sales:

126 Cr

(Quarterly Results - Jun 2026)

Net Profit:

8 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-10.6%

6 Months

11.8%

1 Year

-42.99%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Mangal Electrica for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Mangal Electrical Industries Ltd Faces Bearish Momentum Amid Technical Downgrade

Mangal Electrical Industries Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. Despite a modest weekly price gain, the stock’s overall technical profile has deteriorated, prompting a downgrade in its Mojo Grade from Hold to Sell as of 23 June 2026.

Read full news article

Mangal Electrical Industries Ltd is Rated Sell

Mangal Electrical Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 23 June 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 21 September 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Mangal Electrical Industries Ltd is Rated Sell

Mangal Electrical Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 23 June 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 September 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Announcements

Closure of Trading Window

23-Sep-2026 | Source : BSE

Pursuant to SEBI (PIT) Regulation 2015- Intimation Closure of trading window

Announcement under Regulation 30 (LODR)-Resignation of Director

18-Sep-2026 | Source : BSE

Resignation by Ms Tanvi Surana Independent director w.e.f 18.09.2026

Board Meeting Outcome for Appointment Of Chief Financial Officer

16-Sep-2026 | Source : BSE

Appointment of Mr. Rohit Pokharna as Chief Financial Officer of the company and designated as authorized person of the company under regulation 30(5) of SEBI(LODR) regulations 2015 for the purpose of determining the materiality of an event or information and making disclosures to stock exchanges

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

24.50%

EBIT Growth (5y)

37.47%

EBIT to Interest (avg)

5.71

Debt to EBITDA (avg)

1.10

Net Debt to Equity (avg)

0.92

Sales to Capital Employed (avg)

1.18

Tax Ratio

25.62%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

5.57%

ROCE (avg)

17.66%

ROE (avg)

25.51%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.27

EV to EBIT

11.00

EV to EBITDA

10.10

EV to Capital Employed

1.29

EV to Sales

1.14

PEG Ratio

Dividend Yield

ROCE (Latest)

11.46%

ROE (Latest)

7.95%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

Bearish

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jun 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 3 FIIs (1.28%)

Promoter with highest holding

Rahul Mangal (30.48%)

Highest Public shareholder

Abakkus Diversified Alpha Fund (2.89%)

Individual Investors Holdings

15.88%

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Jun'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is -29.87% vs 14.81% in Mar 2026",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2026 is -41.02% vs -4.78% in Mar 2026",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'26",
        "Mar'26",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "125.83",
          "val2": "179.42",
          "chgp": "-29.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.14",
          "val2": "17.66",
          "chgp": "-36.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.86",
          "val2": "1.82",
          "chgp": "2.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "7.52",
          "val2": "12.75",
          "chgp": "-41.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.85%",
          "val2": "9.84%",
          "chgp": "-0.99%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "243.99",
          "val2": "247.02",
          "chgp": "-1.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "31.82",
          "val2": "35.17",
          "chgp": "-9.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.93",
          "val2": "7.36",
          "chgp": "7.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "17.03",
          "val2": "19.73",
          "chgp": "-13.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.04%",
          "val2": "14.24%",
          "chgp": "-1.20%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "400.26",
          "val2": "396.39",
          "chgp": "0.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "50.70",
          "val2": "59.25",
          "chgp": "-14.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.81",
          "val2": "12.23",
          "chgp": "-19.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "30.42",
          "val2": "33.37",
          "chgp": "-8.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.67%",
          "val2": "14.95%",
          "chgp": "-2.28%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 5.51% vs 22.23% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is -8.75% vs 125.82% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "579.68",
          "val2": "549.42",
          "chgp": "5.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "68.35",
          "val2": "81.84",
          "chgp": "-16.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "11.62",
          "val2": "15.18",
          "chgp": "-23.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "43.17",
          "val2": "47.31",
          "chgp": "-8.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.79%",
          "val2": "14.90%",
          "chgp": "-3.11%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Standalone) - Jun'26 - QoQ

Jun'26

Mar'26

Change(%)

Net Sales

125.83

179.42

-29.87%

Operating Profit (PBDIT) excl Other Income

11.14

17.66

-36.92%

Interest

1.86

1.82

2.20%

Exceptional Items

0.00

Standalone Net Profit

7.52

12.75

-41.02%

Operating Profit Margin (Excl OI)

8.85%

9.84%

-0.99%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2026 is -29.87% vs 14.81% in Mar 2026

Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is -41.02% vs -4.78% in Mar 2026

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

243.99

247.02

-1.23%

Operating Profit (PBDIT) excl Other Income

31.82

35.17

-9.53%

Interest

7.93

7.36

7.74%

Exceptional Items

0.00

Standalone Net Profit

17.03

19.73

-13.68%

Operating Profit Margin (Excl OI)

13.04%

14.24%

-1.20%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

400.26

396.39

0.98%

Operating Profit (PBDIT) excl Other Income

50.70

59.25

-14.43%

Interest

9.81

12.23

-19.79%

Exceptional Items

0.00

Standalone Net Profit

30.42

33.37

-8.84%

Operating Profit Margin (Excl OI)

12.67%

14.95%

-2.28%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

579.68

549.42

5.51%

Operating Profit (PBDIT) excl Other Income

68.35

81.84

-16.48%

Interest

11.62

15.18

-23.45%

Exceptional Items

0.00

Standalone Net Profit

43.17

47.31

-8.75%

Operating Profit Margin (Excl OI)

11.79%

14.90%

-3.11%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 5.51% vs 22.23% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is -8.75% vs 125.82% in Mar 2025

All Annual Results

Company CV

About Mangal Electrical Industries Ltd

Mangal Electrical Industries Ltd

Micro Cap

Other Electrical Equipment

Mangal Electrical Industries Limited was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on April 28, 1989 under the name and the style of "Mangal Electrical Industries". Thereafter, the partnership Firm was converted into a Private Limited Company as `Mangal Electrical Industries Private Limited' dated April 1, 2008 issued by the RoC.

Company Coordinates

No Company Details Available

Footer loading