MEIL
Mangal Electrical Industries Limited
NSELast Traded Price
₹298.2
-6.1 (-2%)
Open
₹307
High
₹308
Low
₹296.95
Prev Close
₹304.3
Industry
Other Electrical Equipment
Market Cap
823.93 Cr
Filing History
Recent corporate announcements and filings for MEIL
Financials
Negative
2026-08-26 17:14
- FY26 Revenue From Operations ₹57,967.86 Lakhs vs ₹54,942.14 Lakhs (▲5.50% YoY)
- FY26 EBITDA ₹6,834.94 Lakhs vs ₹8,184.09 Lakhs (▼16.50% YoY)
- FY26 PAT ₹4,317.10 Lakhs vs ₹4,730.70 Lakhs (▼8.74% YoY)
- FY26 EBITDA Margin 11.79% vs 14.90% (▼311bps)
Governance
Neutral
2026-08-04 19:10
- Notice of the 18th Annual General Meeting (AGM) to be held on Wednesday, August 26, 2026, at 2:00 P.M. via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- Agenda includes adoption of financial statements for FY 2025-26, re-appointment of Mr. Ashish Mangal and Mr. Sumer Singh Punia as directors, and ratification of Cost Auditor remuneration.
- Shareholders will also consider the adoption and implementation of the "MANGAL ELECTRICAL INDUSTRIES LIMITED - EMPLOYEE STOCK OPTION PLAN 2025" (MEIL - ESOP 2025) for up to 15,00,000 equity shares.
- Appointment of Ms. Neha Rathi as an Independent Director for a five-year term from July 29, 2026, to July 28, 2031.
- The record date for determining eligible members for e-voting is Monday, August 17, 2026, with the e-voting period from August 22, 2026 (10:00 A.M. IST) to August 25, 2026 (05:00 P.M. IST).
Financials
Positive
2026-07-30 11:07
- Revenue from Operations ₹125.8Cr vs ₹89.7Cr (▲40% YoY)
- EBITDA ₹11.1Cr vs ₹10.0Cr (▲11% YoY)
- PAT ₹7.5Cr vs ₹3.7Cr (▲103% YoY)
- EBITDA Margin 8.8% vs 11.1% (▼230bps)
Financials
Positive
2026-07-29 19:25
- Revenue ₹125.8 Crs vs ₹89.7 Crs (▲40% YoY)
- EBITDA ₹11.1 Crs vs ₹10.0 Crs (▲11% YoY)
- PAT ₹7.5 Crs vs ₹3.7 Crs (▲103% YoY)
- EBITDA Margin 8.8% vs 11.1% (▼230bps)
- Acquired industrial land for future capacity expansion; Transformer Capacity Expansion expected by end of FY27.
Financials
Positive
2026-07-29 18:59
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.33% YoY)
- EBITDA ₹11.13 Cr vs ₹9.97 Cr (▲11.66% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.52% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
Financials
Positive
2026-07-29 18:57
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.3% YoY)
- EBITDA ₹12.94 Cr vs ₹10.22 Cr (▲26.6% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.6% YoY)
- EBITDA Margin 10.28% vs 11.40% (▼112bps)
- Board approved re-appointment of internal auditors and appointment of secretarial auditors for FY 2026-27.
- Ms. Neha Rathi appointed as an Additional Independent Director for five years, subject to shareholder approval.
- The 18th Annual General Meeting (AGM) is scheduled for August 26, 2026.
- A change in depreciation method increased Profit Before Tax by ₹1.30 Cr for the quarter.
- ₹84.91 Cr from IPO proceeds remain unutilized as on June 30, 2026.
Financials
Positive
2026-07-29 18:52
- Standalone Revenue ₹12,582.73 Lakhs vs ₹8,966.00 Lakhs (▲36.60% YoY)
- EBITDA ₹1,113.02 Lakhs vs ₹996.79 Lakhs (▲11.66% YoY)
- PAT ₹752.22 Lakhs vs ₹373.27 Lakhs (▲101.52% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
- Board approved re-appointment of Internal Auditors (M/s SCLJ & Associates) and appointment of Secretarial Auditors (M/s SKMG & Co.) for FY 2026-27.
- The 18th Annual General Meeting (AGM) is scheduled for August 26, 2026, with August 17, 2026, as the record date.
- Ms. Neha Rathi appointed as an Additional Independent Director for a term of five years, effective July 29, 2026, subject to shareholder approval.
- Reconstitution of the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees approved.
Financials
Positive
2026-07-29 18:45
- Standalone Revenue ₹12,582.73 Lakhs vs ₹8,966.00 Lakhs (▲40.80% YoY)
- EBITDA ₹1,113.02 Lakhs vs ₹996.79 Lakhs (▲11.66% YoY)
- PAT ₹752.22 Lakhs vs ₹373.27 Lakhs (▲101.52% YoY)
- EBITDA Margin 8.85% vs 11.12% (▼227bps)
Financials
Positive
2026-07-29 18:44
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.09% YoY)
- EBITDA ₹11.13 Cr vs ₹9.97 Cr (▲11.66% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.52% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
- The Board approved the re-appointment of M/s SCLJ & Associates as Internal Auditors and appointed M/s SKMG & Co. as Secretarial Auditors for FY 2026-27.
- Ms. Neha Rathi was appointed as an Additional Independent Director for a term of five years.
- The 18th Annual General Meeting (AGM) will be held on August 26, 2026.
Financials
Positive
2026-07-29 18:33
- Standalone Revenue ₹12,582.73 Lakhs vs ₹8,966.00 Lakhs (▲40.80% YoY)
- EBITDA ₹1,113.02 Lakhs vs ₹996.79 Lakhs (▲11.66% YoY)
- PAT ₹752.22 Lakhs vs ₹373.27 Lakhs (▲101.52% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228 bps)
- The company changed its depreciation method from WDV to SLM, which increased Q1 FY27 PBT by ₹130 Lakhs.
- Ms. Neha Rathi was appointed as an Additional Independent Director, and Internal and Secretarial Auditors were re/appointed.
- The 18th Annual General Meeting (AGM) is scheduled for August 26, 2026.
- ₹8,490.63 Lakhs from IPO proceeds remain unutilised as of June 30, 2026.
Financials
Neutral
2026-07-20 18:00
- Company clarifies to NSE regarding non-submission of segment details for financial results.
- States it has only one reportable business segment (power-related) and no geographic segments as per Ind AS 108 for the year ended March 31, 2025, and the quarter ended June 30, 2025.
- Hence, separate segment information was not disclosed in the unaudited financial results.
Business Update
Positive
2026-06-29 15:35
- Mangal Electrical Industries Limited acquired industrial land in Sikar, Rajasthan, on June 29, 2026.
- Total area is 1.4315 Hect. with a cost of ₹8.00 Crore.
- The acquisition aims to expand manufacturing facilities, augment capacity, and support long-term growth strategy.
Routine
Neutral
2026-06-26 12:10
- Trading Window for dealing in company securities will be closed from July 01, 2026.
- Closure is effective until 48 hours after the declaration of Unaudited financial results for the quarter ending June 30, 2026.
Business Update
Neutral
2026-06-11 15:06
- Investor/Analyst Meet & Plant Visit Schedule
- Day & Date: Thursday, June 18, 2026
- Mode: Physical
- Location: Reengus & Jaipur
- No Unpublished Price Sensitive Information (UPSI) will be shared.
Governance
Negative
2026-06-04 10:04
CRITICAL RED FLAG DETECTED
- Mr. Pawan Mendiratta, Chief Financial Officer (KMP) of Mangal Electrical Industries Ltd., has tendered his resignation due to personal reasons on June 03, 2026.
- He will be relieved from his duties at the closure of business hours on September 03, 2026.
Financials
Negative
2026-05-15 14:04
Standalone Revenue from Operations for Q4 FY26 was ₹179.42 Cr vs ₹153.03 Cr (▲17.24% YoY). EBITDA was ₹17.66 Cr vs ₹22.60 Cr (▼21.87% YoY), and PAT was ₹12.75 Cr vs ₹13.93 Cr (▼8.47% YoY). EBITDA Margin contracted to 9.84% from 14.77% (▼493bps). The Board also approved an Employee Stock Options Plan (ESOP 2025), recommended re-appointment of directors, and approved re-appointment of cost auditors, all subject to shareholder approval. The Monitoring Agency Report on IPO proceeds utilization was noted and approved.
Financials
Neutral
2026-05-15 11:49
Mangal Electrical Industries Ltd. announced the filing of its Audited Standalone Financial Results for the quarter and year ended March 31, 2026, with the stock exchanges. The detailed financial figures for the company are not available in the provided document.
Business Update
Positive
2026-05-14 19:52
Mangal Electrical Industries Limited's FY26 Investor Presentation highlights its strong performance. For FY26, the company reported Revenue of ₹579.7 Crs, EBITDA of ₹68.3 Crs (11.8% margin), and PAT of ₹43.2 Crs (7.4% margin). The company demonstrated robust historical growth with a Revenue CAGR of 23%, EBITDA CAGR of 28%, and PAT CAGR of 47% between FY22-26.
Business Update
Positive
2026-05-13 22:18
Mangal Electrical Industries Limited's FY26 Investor Presentation provides a business overview, highlighting its role in transformer components and manufacturing, approvals, and production capacity. The company presents projected financials for FY26: Revenue of ₹579.7 Crs, EBITDA of ₹66.8 Crs (11.8% margin), and PAT of ₹41.7 Crs (7.4% margin). It also showcases strong historical growth CAGRs for FY22-26, with Revenue at 23%, EBITDA at 28%, and PAT at 47%. The company is also slated to list on NSE & BSE in August 2025.
Governance
Positive
2026-05-13 20:33
The Board of Directors of Mangal Electrical Industries Ltd. met on May 13, 2026. They approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, with an unmodified audit opinion. The Board also approved the 'MEIL - ESOP 2025' plan (1-3% of issued capital) for eligible employees and recommended the re-appointment of Mr. Ashish Mangal and Mr. Sumer Singh Punia as Directors. Additionally, the re-appointment of M/s Maharwal & Associates as Cost Auditors for FY2026-27 was approved, and the Monitoring Agency Report on IPO proceeds utilization for Q4/FY ended March 31, 2026, was noted.
Governance
Positive
2026-05-13 19:48
The Board of Directors of Mangal Electrical Industries Ltd. met on May 13, 2026, and approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, along with an unmodified audit opinion. The board also approved the "MEIL - ESOP 2025" plan for eligible employees, recommended the re-appointment of Mr. Ashish Mangal and Mr. Sumer Singh Punia as directors, and approved the re-appointment of M/s Maharwal & Associates as Cost Auditors for FY2026-27. Additionally, the Monitoring Agency Report on IPO proceeds utilization for the quarter/year ended March 31, 2026, was noted and approved.
Governance
Positive
2026-05-13 19:48
The Board of Directors of Mangal Electrical Industries Ltd, meeting on May 13, 2026, approved the Audited Financial Results for Q4 and FY ended March 31, 2026, with an unmodified audit opinion. Key approvals included the 'MEIL - ESOP 2025' plan (1-3% of issued capital), subject to shareholder approval. The Board also recommended re-appointment of Directors Mr. Ashish Mangal and Mr. Sumer Singh Punia, re-appointed M/s Maharwal & Associates as Cost Auditors for FY2026-27, and approved the Monitoring Agency Report on IPO proceeds utilization, noting no deviations.
Financials
Neutral
2026-05-13 19:47
The Board of Directors of Mangal Electrical Industries Ltd. approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, noting an unmodified audit opinion. The Board also approved the MEIL - ESOP 2025 scheme for eligible employees (up to 3% of issued capital, subject to shareholder approval), recommended re-appointment of Directors Mr. Ashish Mangal and Mr. Sumer Singh Punia, and approved the re-appointment of Cost Auditors for FY2026-27. The Monitoring Agency Report for IPO proceeds utilization was also noted and approved.
Financials
Negative
2026-05-13 19:44
Mangal Electrical Industries Ltd. reported Standalone Revenue of ₹17,941.64 Lakhs for Q4 FY26 vs ₹15,303.23 Lakhs in Q4 FY25 (▲17.24% YoY). EBITDA for the quarter was ₹1,765.51 Lakhs vs ₹2,259.69 Lakhs (▼21.90% YoY), and PAT was ₹1,275.05 Lakhs vs ₹1,393.05 Lakhs (▼8.47% YoY). The EBITDA Margin stood at 9.84% vs 14.77% (▼493bps). The board also approved an Employee Stock Options Plan (MEIL - ESOP 2025), recommended re-appointment of two directors, and approved re-appointment of Cost Auditors. The Auditor's report had an unmodified opinion.
Routine
Neutral
2026-05-13 19:43
New Filing detected. See link for details.
Business Update
Positive
2026-04-17 15:48
Mangal Electrical Industries Limited has received a renewal of Manufacturer Approval validity Extension from Power Grid Corporation of India Limited for Prime CRGO Coils Slitting and Laminations Cutting for Transformers & Reactors up to 765 kVclass for POWERGRID projects. The approval is valid until April 22, 2029.
Business Update
Negative
2026-04-16 17:02
CRITICAL RED FLAG DETECTED
Mangal Electrical Industries received an order on April 8, 2026, from State Tax Appellate Authority for alleged excess GST Input Tax Credit availment (FY17-18), demanding ₹55.73 lakhs (tax, interest, penalty). The company plans to appeal the order.
Routine
Neutral
2026-04-08 09:54
Mangal Electrical Industries Ltd. submitted the confirmation certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended March 31, 2026. The certificate confirms the processing and listing of dematerialized securities by Bigshare Services Private Limited.
Routine
Neutral
2026-03-26 10:50
Mangal Electrical Industries Ltd. announced the closure of its trading window for Designated Persons and their relatives from April 01, 2026, until 48 hours after the declaration of audited financial results for the quarter and year ending March 31, 2026, to prevent insider trading.
Governance
Negative
2026-02-24 12:14
CRITICAL RED FLAG DETECTED
Mangal Electrical Industries Ltd. announced the resignation of Mr. Ramkishan Bairwa, Chief Operating Officer (EPC), due to personal/health reasons. His resignation was tendered on February 23, 2026, and he will cease to be with the company after April 10, 2026.
Business Update
Neutral
2026-02-11 15:54
Mangal Electrical Industries Limited's Monitoring Agency Report for Q3 FY26 (ended Dec 31, 2025) on IPO proceeds utilization noted a 1.13% (Rs. 1.39 Cr) over-utilization for working capital. The company clarified this was due to temporary fund transfer from other objects and increased business operational needs, with Rs. 73.75 Cr working capital utilized earlier.
Routine
Neutral
2026-02-09 18:03
Mangal Electrical Industries Ltd. clarified to the exchange that it has only one reportable segment per Ind AS 108 thresholds for FY25, hence segment details were not submitted with financial results. This position will be re-evaluated for FY26.
Routine
Neutral
2026-02-04 11:45
New Filing detected. See link for details.
Governance
Negative
2026-01-31 15:40
CRITICAL RED FLAG DETECTED
Mr. Shekhawat AnilKumar Gopal, Chief Operating Officer (SMP) of Mangal Electrical Industries Ltd., has resigned due to personal reasons, with his resignation effective from the close of business hours on January 31, 2026.
Financials
Negative
2026-01-28 18:35
Standalone Revenue ₹156.3Cr vs ₹149.4Cr (▲4.6% YoY), EBITDA ₹18.9Cr vs ₹24.1Cr (▼21.6% YoY), PAT ₹13.4Cr vs ₹13.6Cr (▼1.5% YoY). EBITDA Margin 12.1% vs 16.1% (▼400bps).
Financials
Negative
2026-01-28 17:51
Standalone Revenue ₹159.02 Cr vs ₹149.75 Cr (▲6.19% YoY), EBITDA ₹18.88 Cr vs ₹24.08 Cr (▼21.58% YoY), PAT ₹13.39 Cr vs ₹13.64 Cr (▼1.89% YoY). EBITDA Margin 11.87% vs 16.08% (▼421 bps).
Financials
Negative
2026-01-28 17:40
Standalone Revenue ₹156.27Cr vs ₹149.37Cr (▲4.6% YoY), EBITDA ₹18.88Cr vs ₹24.08Cr (▼21.6% YoY), PAT ₹13.39Cr vs ₹13.64Cr (▼1.8% YoY). EBITDA Margin 12.08% vs 16.12% (▼404bps).