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Mangalam Cement Limited

Mangalam Cement Limited

NSE: MANGLMCEM
Building MaterialsBasic MaterialsSMALL CAPMCap ₹2.68k Cr
₹973.65₹14.45 (+1.51%)

Market Closed • NSE

Market cap₹2.68k Cr
Enterprise value₹3.37k Cr
P/E TTM23.33
Forward P/E16.59
P/B2.74
EPS TTM₹41.73
Forward EPS₹58.70
D/E0.91
Dividend yield0.00%
52W high₹1,120.00
52W low₹679.35
Price chart(1Y)
1Y Return:+15.44% (+₹130.25)
H: ₹1,120L: ₹833
1W+0.03%
1M-5.95%
3M-0.66%
6M+3.86%
1Y+30.01%
Today at a glance

Day range

₹953.60₹975.00

52 week range

₹679.35₹1,120.00
Volume25.1K0.43x 20D avg
Free float50.00%-57.10% volume

Mangalam Cement Limited closed at INR973.65 (+1.51%) on volume 0.43x its 20-day average, trading 13.07% below its 52-week high.

Technical analysis
RSI (14)44.8Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹31.44High
SMA 20₹990.98BEARISH
SMA 50₹998.30BEARISH
SMA 100₹955.56BULLISH
SMA 200₹894.42BULLISH
CPR bottom₹965.88
Pivot₹963.65
CPR top₹961.42
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +474.7% QoQ

2026-08-14

DIVIDEND Announced

Dividend - Rs 1.50 Per Share

2025-08-14

DIVIDEND Announced

Dividend - Rs 1.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹888.5 Cr₹2.68k Cr33.19%≤ 33%FAIL
Non-halal income ratio–₹1.76k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.42k Cr₹2.43k Cr99.66%≥ 20%PASS
Receivables ratio–₹2.43k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E23.3321.90
Forward P/E16.59—
P/B2.742.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield4.304.60
Growth & profitability
RevenuePAT
FY23PAT margin 1.00%
FY24PAT margin 3.50%
FY25PAT margin 2.70%
FY26PAT margin 7.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-0.60%
Revenue CAGR 5Y—
PAT CAGR 3Y+96.00%
PAT CAGR 5Y—
Operating margin6.88%
Net margin6.51%
Financial health & cash flow
Net debt₹880.2 CrModerate
Interest coverage2.10xEBIT / interest
CFO / PAT1.99x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹94.0 Cr
Capital expenditure–
Free cash flow₹-25423.1 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall58/100
Valuation60/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.99x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Building Materials.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
11.76%Institutional holding
48.25%Public holding
5Periods available
0.00%Promoter pledged
30.07KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
14 Aug 2026Dividend₹1.50 / share—14 Aug 2026
15 Aug 2025Dividend₹1.50 / share—14 Aug 2025
—Dividend₹1.50 / share—19 Jul 2024
—Dividend₹1.50 / share—28 Jul 2023
—Dividend₹1.50 / share—25 Aug 2022
—Dividend₹1.50 / share—08 Sept 2021
—Dividend₹1.00 / share—17 Sept 2020
—Dividend₹0.50 / share—11 Sept 2019
—Dividend₹0.50 / share—30 Aug 2018
—Dividend₹0.75 / share—23 Aug 2017
—Dividend₹0.50 / share—08 Sept 2016
—Dividend₹2.00 / share—06 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)60.78%-0.83% latest vs average
Highest delivery74.88%on 18 Sept
Average volume (20D)58.4KTrading-session average
Conviction trendWeakening-0.83% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Mangalam Cement Limited
Mangalam Cement Limited

Mangalam Cement Limited, part of the B.K. Birla Group is a North and Central India-focused cement manufacturer selling under the Birla Uttam and Mangalam ProMaxX brands. It operates an integrated cement complex at Morak, Rajasthan, a grinding unit at Aligarh, Uttar Pradesh, and a small MDF-board division at Nabarangpur, Odisha.

IndiaBasic Materials

Questions investors ask
Is Mangalam Cement Limited Shariah compliant?

Mangalam Cement Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (33.19%) exceeds AAOIFI threshold (≤ 33%).

What is Mangalam Cement Limited's current valuation relative to peers?

Mangalam Cement Limited trades at a P/E of 23.3x compared to the sector median of 21.9x, and a Price-to-Book of 2.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.91x. Interest coverage is 2.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.