Sharescart Research Club logo

Mangalam Cement Overview

Mangalam Cement Ltd is a cement production business enterprise. The Company is engaged in generating cement in 43 grades, 53 grades and Portland Pozzolana Cement (PPC) using the dry method. PPC is special mixed cement that has hydraulic binding homes. PPC is produced by means of inter-grinding higher strength cement clinker with processed fly ash. Forty three Grade Cement is an Ordinary Portland Cement, that's used in all constructions, such as simple and bolstered cement concrete, brick and stone masonry, floors and plastering. It is likewise ...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Mangalam Cement Key Financials

Market Cap ₹2555 Cr.

Stock P/E 56.7

P/B 2.8

Current Price ₹929.1

Book Value ₹ 331.5

Face Value 10

52W High ₹955.2

Dividend Yield 0.16%

52W Low ₹ 679.8

Mangalam Cement Share Price

₹ | |

Volume
Price

Mangalam Cement Quarterly Price

Show Value Show %

Mangalam Cement Peer Comparison

Mangalam Cement Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 428 439 437 381 359 438 503 452 395 421
Other Income 8 6 19 32 10 5 13 11 10 7
Total Income 436 445 456 412 369 444 516 462 405 429
Total Expenditure 380 382 392 351 329 395 449 377 352 376
Operating Profit 56 63 65 61 40 49 67 86 52 52
Interest 18 17 17 16 17 16 19 17 16 15
Depreciation 18 19 19 19 19 19 21 20 20 20
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax 20 27 29 26 4 13 27 49 16 16
Provision for Tax 8 11 12 9 0 5 10 17 -4 4
Profit After Tax 12 16 17 17 3 8 17 32 20 11
Adjustments 0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments 12 16 17 17 3 8 17 32 20 11
Adjusted Earnings Per Share 4.3 5.8 6.3 6.2 1.2 2.8 6.1 11.7 7.3 4.1

Mangalam Cement Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 922 842 905 1080 1200 1228 1305 1566 1802 1725 1681 1771
Other Income 4 7 21 28 24 30 25 27 35 38 61 41
Total Income 926 848 925 1108 1223 1258 1329 1593 1837 1764 1742 1812
Total Expenditure 831 797 787 997 1143 1029 1060 1348 1654 1523 1524 1554
Operating Profit 94 51 138 110 81 229 270 246 183 241 218 257
Interest 38 46 47 47 51 63 69 64 66 68 69 67
Depreciation 34 37 40 44 46 49 63 62 69 74 79 81
Exceptional Income / Expenses -3 0 0 0 0 0 0 0 -19 0 0 -1
Profit Before Tax 19 -31 50 19 -16 117 138 119 28 99 70 108
Provision for Tax 1 -10 14 8 -6 41 44 41 11 39 25 27
Profit After Tax 18 -21 37 11 -10 76 93 78 17 60 45 80
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 18 -21 37 11 -10 76 93 78 17 60 45 80
Adjusted Earnings Per Share 6.7 -8 13.7 4.3 -3.6 28.4 35 28.3 6.2 21.7 16.4 29.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -3% 2% 6% 6%
Operating Profit CAGR -10% -4% -1% 9%
PAT CAGR -25% -17% -10% 10%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% 48% 27% 13%
ROE Average 5% 5% 8% 6%
ROCE Average 10% 10% 12% 10%

Mangalam Cement Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 518 473 506 515 503 576 668 742 756 812 852
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 290 281 228 189 292 348 413 363 291 245 194
Other Non-Current Liabilities 149 119 93 99 95 126 122 153 164 188 222
Total Current Liabilities 287 329 387 417 527 543 655 670 779 824 898
Total Liabilities 1244 1201 1213 1220 1417 1593 1858 1928 1990 2068 2166
Fixed Assets 757 744 814 831 821 915 980 1141 1170 1165 1185
Other Non-Current Assets 119 146 102 67 133 146 191 92 151 207 248
Total Current Assets 368 311 297 322 463 531 686 696 669 697 733
Total Assets 1244 1201 1213 1220 1417 1593 1858 1928 1990 2068 2166

Mangalam Cement Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 43 23 12 8 10 1 63 83 65 51 36
Cash Flow from Operating Activities 48 75 163 86 84 216 234 189 139 182 188
Cash Flow from Investing Activities -50 -62 -91 -17 -176 -156 -172 -134 -64 -112 -132
Cash Flow from Financing Activities -18 -13 -77 -67 83 3 -41 -73 -89 -86 -63
Net Cash Inflow / Outflow -20 -0 -5 2 -9 63 20 -18 -14 -15 -7
Closing Cash & Cash Equivalent 23 22 8 10 1 63 83 65 51 36 29

Mangalam Cement Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.71 -8.04 13.72 4.26 -3.65 28.43 35.01 28.26 6.23 21.72 16.39
CEPS(Rs) 19.31 5.69 28.83 20.83 13.63 46.67 58.58 50.92 31.49 48.71 44.99
DPS(Rs) 2 0.5 0.75 0.5 0.5 1 1.5 1.5 1.5 1.5 1.5
Book NAV/Share(Rs) 192.12 177.29 189.56 192.92 188.61 215.75 249.87 269.91 275.02 295.16 309.81
Core EBITDA Margin(%) 8.59 4.61 11.25 7.36 4.76 16.23 18.79 13.27 7.92 11.03 8.61
EBIT Margin(%) 5.44 1.51 9.37 5.92 2.91 14.69 15.85 11.15 5.03 9.08 7.62
Pre Tax Margin(%) 1.8 -3.23 4.83 1.69 -1.33 9.54 10.57 7.23 1.48 5.4 3.83
PAT Margin (%) 1.7 -2.22 3.51 1.02 -0.81 6.18 7.16 4.72 0.92 3.25 2.46
Cash Profit Margin (%) 4.89 1.57 7.36 4.97 3.03 10.14 11.98 8.5 4.64 7.3 6.76
ROA(%) 1.47 -1.76 3.03 0.94 -0.74 5.04 5.42 4.1 0.87 2.94 2.13
ROE(%) 3.53 -4.35 7.48 2.23 -1.91 14.06 15.04 11.03 2.29 7.62 5.42
ROCE(%) 6.5 1.63 10.9 7.43 3.65 16.55 16.86 13.8 6.87 12 9.69
Receivable days 8.93 11.97 12.06 11.55 10.91 9.23 9.2 8.37 7.2 7.11 7.41
Inventory Days 47.55 51.7 37.98 34.82 34.77 41.72 54.33 47.4 44.98 56.13 58.17
Payable days 166.43 187.26 252.73 253.41 265.88 445.1 305.15 246.26 265.65 387.71 284.21
PER(x) 39.58 0 23.38 76.5 0 5.28 8.04 13.77 42.59 33.66 46.93
Price/Book(x) 1.38 1.24 1.69 1.69 1.42 0.7 1.13 1.44 0.96 2.48 2.48
Dividend Yield(%) 0.75 0.23 0.23 0.15 0.19 0.67 0.53 0.39 0.57 0.21 0.2
EV/Net Sales(x) 1.15 1.17 1.35 1.13 1.02 0.73 0.93 0.98 0.67 1.42 1.52
EV/Core EBITDA(x) 11.26 19.21 8.84 11.05 15.05 3.93 4.49 6.26 6.55 10.19 11.75
Net Sales Growth(%) 32.2 -8.69 7.48 19.33 11.11 2.39 6.24 20.02 15.04 -4.22 -2.58
EBIT Growth(%) 75.62 -74.51 570.5 -32.39 -47.37 417.57 14.63 -11.26 -48.85 77.56 -16.36
PAT Growth(%) -39.48 -219.77 270.69 -68.93 -185.55 879.51 23.14 -16.86 -77.96 248.75 -24.54
EPS Growth(%) -39.48 -219.77 270.69 -68.93 -185.55 879.52 23.14 -19.29 -77.96 248.75 -24.54
Debt/Equity(x) 0.74 0.9 0.77 0.72 1.03 1.01 0.94 0.84 0.81 0.74 0.72
Current Ratio(x) 1.28 0.94 0.77 0.77 0.88 0.98 1.05 1.04 0.86 0.85 0.82
Quick Ratio(x) 0.73 0.59 0.51 0.5 0.66 0.68 0.71 0.73 0.53 0.47 0.51
Interest Cover(x) 1.5 0.32 2.06 1.4 0.69 2.85 3 2.85 1.42 2.47 2.01
Total Debt/Mcap(x) 0.54 0.73 0.46 0.43 0.72 1.46 0.83 0.58 0.84 0.3 0.29

Mangalam Cement Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 36.63 36.94 36.94 36.94 37.81 39.52 39.52 40 40 40
FII 6.2 5.71 6.32 6.17 6.07 5.81 5.87 6.08 5.79 5.59
DII 3.4 4.36 4.76 3.88 4 4.21 6.58 6.67 6.51 5.9
Public 53.77 52.99 51.98 53 52.11 50.46 48.02 47.25 47.69 48.51
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mangalam Cement News

Mangalam Cement Pros & Cons

Pros

  • Debtor days have improved from 387.71 to 284.21days.
  • Company has reduced debt.

Cons

  • Promoter holding is low: 40%.
  • Company has a low return on equity of 5% over the last 3 years.
  • The company has delivered a poor profit growth of -9% over past five years.
whatsapp