Mangalam Alloys

When is the next results date for Mangalam Alloys?

No Upcoming Board Meetings

Has Mangalam Alloys declared dividend?

No Dividend History Available

Is Mangalam Alloys overvalued or undervalued?

As of November 18, 2024, Mangalam Alloys is considered a very attractive investment with a PE ratio of 9.19, strong performance metrics, and a year-to-date return of 22.72%, significantly outperforming its peers and the Sensex.

As of 18 November 2024, Mangalam Alloys has moved from a fair to very attractive valuation grade. The company is currently undervalued, with a PE ratio of 9.19, an EV to EBIT of 5.93, and an EV to EBITDA of 5.08. In comparison to its peers, JSW Steel Ltd. has a significantly higher PE ratio of 64.98, while Tata Steel Ltd. stands at 51.92, indicating that Mangalam Alloys is trading at a much lower valuation despite its strong performance metrics.<BR><BR>Notably, Mangalam Alloys boasts a ROCE of 16.16% and a PEG ratio of 0.56, suggesting that it is generating good returns on capital relative to its growth expectations. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 22.72% compared to the Sensex's 6.24%. This reinforces the notion that Mangalam Alloys presents a compelling investment opportunity at its current price of 49.70.

What is the technical trend for Mangalam Alloys?

As of June 5, 2025, Mangalam Alloys shows a mildly bullish trend supported by positive MACD and Bollinger Bands signals, despite some short-term weakness indicated by a bearish RSI and moving averages.

As of 5 June 2025, the technical trend for Mangalam Alloys has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by the Bollinger Bands which are bullish on both weekly and monthly time frames. The Dow Theory also reflects a mildly bullish outlook on the weekly and monthly charts. However, the weekly RSI is bearish, and the daily moving averages are mildly bearish, which suggests some short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the positive signals from the MACD, Bollinger Bands, and Dow Theory, despite some bearish indicators in the RSI and moving averages.

Who are the peers of the Mangalam Alloys?

Peers of Mangalam Alloys include Shah Metacorp, Kataria Indust., Incredible Indus, Surani Steel Tub, Sarthak Metals, Sh. Bajrang All., Rajas. Tube Mfg, and Bansal Roofing. Mangalam Alloys has an average growth rating and a 1-year return of 89.06%, outperforming its peers.

Peers: The peers of Mangalam Alloys are Shah Metacorp, Kataria Indust., Incredible Indus, Surani Steel Tub, Sarthak Metals, Sh. Bajrang All., Rajas. Tube Mfg, Bansal Roofing, India Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sarthak Metals and Bansal Roofing, while Good management risk is found at Kataria Indust. Below Average management risk is noted at Shah Metacorp, Incredible Indus, Surani Steel Tub, Mangalam Alloys, Sh. Bajrang All., India Steel, and the rest. Growth ratings show Average growth at Mangalam Alloys, Good growth at Sarthak Metals and Bansal Roofing, and Below Average growth at Shah Metacorp, Kataria Indust., Incredible Indus, Surani Steel Tub, Sh. Bajrang All., Rajas. Tube Mfg, and India Steel. Capital Structure is Excellent at Sarthak Metals, Good at Bansal Roofing, Average at Kataria Indust. and Incredible Indus, and Below Average at Shah Metacorp, Mangalam Alloys, Surani Steel Tub, Sh. Bajrang All., Rajas. Tube Mfg, and India Steel.<BR><BR>Return Snapshot: Mangalam Alloys has a 1-year return of 89.06%, while the highest 1-year return among peers is also from Mangalam Alloys, and the lowest is Surani Steel Tub at -64.22%. In comparison, Mangalam Alloys shows significantly better performance. Additionally, the six-month return is negative for Surani Steel Tub, Kataria Indust., and India Steel.

What does Mangalam Alloys do?

Mangalam Alloys Ltd is a micro-cap company in the Iron & Steel Products industry, specializing in a stainless steel melting unit. As of September 2024, it reported net sales of ₹1,976 Cr and a net profit of ₹9 Cr, with a market cap of ₹149 Cr.

Overview: <BR>Mangalam Alloys Ltd operates in the Iron & Steel Products industry as a micro-cap company, focusing on running a stainless steel melting unit.<BR><BR>History: <BR>Mangalam Alloys Limited was incorporated by promoters Mr. Uttamchand Chandanmal Mehta and Mr. Maheshchand Jain. The company aims to grow its business through its stainless steel melting unit. The latest quarterly results reported net sales and profit for the period ending September 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,976 Cr (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: 9 Cr (Quarterly Results - Sep 2024) <BR>Market-cap value: INR 149 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.08 <BR>Return on Equity: 9.92% <BR>Price to Book: 1.05 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Mangalam Alloys?

The top shareholder of Mangalam Alloys is Tushar Uttamchand Mehta, with a 25.32% stake. The company is mainly owned by promoters, with Aeml as the largest public shareholder at 5.57%, and individual investors holding 30.22% of the shares.

The top shareholders of Mangalam Alloys include Tushar Uttamchand Mehta, who holds the largest stake at 25.32%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. Additionally, the highest public shareholder is Aeml, which holds 5.57%. Individual investors collectively own 30.22% of the shares. Notably, there are no mutual funds or foreign institutional investors holding shares in the company.

How big is Mangalam Alloys?

As of 23rd July, Mangalam Alloys Ltd has a market capitalization of 149.00 Cr, with recent quarterly net sales of 197.59 Cr and a net profit of 0.94 Cr.

As of 23rd July, <BR><BR>Market Cap: Mangalam Alloys Ltd has a market capitalization of 149.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest quarter ending September 2024, the company reported Net Sales of 197.59 Cr and a Net Profit of 0.94 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2022, with Shareholder's Funds amounting to 64.60 Cr and Total Assets of 321.85 Cr.

How has been the historical performance of Mangalam Alloys?

Mangalam Alloys has shown mixed historical performance, with net sales increasing slightly to 310.65 Cr in FY 2022 and significant improvements in operating profit, but it still reported a marginal profit before tax of 1.03 Cr and a slight negative profit after tax of -0.02 Cr. Overall, while sales and profitability metrics improved, the company struggled to achieve a positive net profit.

Answer:<BR>The historical performance of Mangalam Alloys shows a mixed trend over the past two years, with some improvements in key metrics.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2022, Mangalam Alloys reported net sales of 310.65 Cr, a slight increase from 301.03 Cr in March 2021. The total operating income mirrored this trend, remaining at 310.65 Cr in March 2022 compared to 301.03 Cr the previous year. The raw material cost decreased from 216.84 Cr to 205.65 Cr, while employee costs also saw a reduction from 21.63 Cr to 19.41 Cr. Consequently, the total expenditure (excluding depreciation) fell from 288.75 Cr to 286.57 Cr. Operating profit (PBDIT) significantly improved, rising to 24.71 Cr from 13.21 Cr, leading to a gross profit of 10.17 Cr, a recovery from a loss of 0.61 Cr in the prior year. Despite these gains, profit before tax was marginal at 1.03 Cr, up from a loss of 9.16 Cr, and profit after tax was slightly negative at -0.02 Cr, improving from -6.81 Cr. The earnings per share (EPS) turned positive at 0.84, compared to -3.67 in the previous year. On the balance sheet, total liabilities decreased from 337.22 Cr to 321.85 Cr, while total assets also declined from 337.22 Cr to 321.85 Cr. The book value per share increased to 34.81 from 33.97. Overall, while Mangalam Alloys showed improvements in sales and profitability metrics, it still faced challenges in achieving a positive net profit.

Why is Mangalam Alloys Ltd falling/rising?

As of 04-Mar, Mangalam Alloys Ltd's stock price is rising to 41.70, reflecting a 2.96% increase. However, it is trading below key moving averages and experiencing a significant decline in investor participation, indicating mixed signals about its longer-term performance.

As of 04-Mar, Mangalam Alloys Ltd's stock price is rising, currently at 41.70, reflecting a change of 1.2 or 2.96% increase. This upward movement can be attributed to its performance today, where it outperformed the sector by 7.81%. Despite this positive performance, it is important to note that the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential overall downward trend in the longer term. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 41.18% against the 5-day average, which may suggest a lack of sustained interest from investors. Overall, while the stock is experiencing a rise today, the broader context shows mixed signals regarding its performance and investor engagement.

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