MEIL
Mangal Electrical Industries Limited
NSE BSELast Traded Price
₹251
-2.76 (-1.09%)
Open
₹253.73
High
₹259.78
Low
₹251
Prev Close
₹253.76
Industry
Other Electrical Equipment
Market Cap
696.86 Cr
Filing History
Recent corporate announcements and filings for MEIL
Financials
Neutral
2026-10-31 17:48
Q2 FY27 Standalone Revenue ₹168.58 Cr vs ₹154.33 Cr (▲9.2% YoY)
EBITDA ₹15.43 Cr vs ₹21.84 Cr (▼29.4% YoY)
PAT ₹10.97 Cr vs ₹13.30 Cr (▼17.5% YoY)
EBITDA Margin 9.15% vs 14.15% (▼500bps)
Financials
Neutral
2026-10-31 17:35
Q2 FY27 Revenue ₹168.6Cr vs ₹154.3Cr (▲9% YoY)
EBITDA ₹15.4Cr vs ₹21.8Cr (▼29% YoY)
PAT ₹11.0Cr vs ₹13.3Cr (▼17% YoY)
EBITDA Margin 9.2% vs 14.2% (▼500bps)
Business Update
Neutral
2026-10-31 17:33
- Q2 FY27 Revenue rose 9.3% YoY to ₹168.6 Cr; EBITDA was ₹15.4 Cr vs ₹21.8 Cr and PAT was ₹11.0 Cr vs ₹13.3 Cr.
- CRGO volumes grew 63% YoY with signs of price normalisation.
- Setting up radiator manufacturing facility with ₹25 Cr capex by H1 FY28.
- Targets 25-30% annual volume growth over next 3 years.
Financials
Neutral
2026-10-31 17:21
Q2 FY27 Standalone Revenue ₹168.58 Cr vs ₹154.33 Cr (▲9.2% YoY)
EBITDA ₹15.43 Cr vs ₹21.84 Cr (▼29.4% YoY)
PAT ₹10.97 Cr vs ₹13.30 Cr (▼17.5% YoY)
EBITDA Margin 9.2% vs 14.2% (▼500bps)
Financials
Neutral
2026-10-31 17:04
Q2 FY27 Standalone Revenue ₹168.58Cr vs ₹154.33Cr (▲9.2% YoY)
EBITDA ₹15.43Cr vs ₹21.84Cr (▼29.4% YoY)
PAT ₹10.97Cr vs ₹13.30Cr (▼17.5% YoY)
EBITDA Margin 9.2% vs 14.2% (▼500bps)
Financials
Neutral
2026-10-31 17:00
Q2 FY27 Standalone Revenue ₹168.58 Cr vs ₹154.33 Cr (▲9.2% YoY)
EBITDA ₹15.43 Cr vs ₹21.84 Cr (▼29.4% YoY)
PAT ₹10.97 Cr vs ₹13.30 Cr (▼17.5% YoY)
EBITDA Margin 9.15% vs 14.15% (▼500bps)
Financials
Neutral
2026-10-31 16:46
Q2 FY27 Standalone Revenue ₹168.58Cr vs ₹154.33Cr (▲9.2% YoY)
EBITDA ₹15.43Cr vs ₹21.84Cr (▼29.4% YoY)
PAT ₹10.97Cr vs ₹13.30Cr (▼17.5% YoY)
EBITDA Margin 9.2% vs 14.2% (▼500bps)
Financials
Neutral
2026-10-31 16:46
Q2 FY27 Standalone Revenue ₹168.58Cr vs ₹154.33Cr (▲9.2% YoY)
EBITDA ₹15.43Cr vs ₹21.84Cr (▼29.4% YoY)
PAT ₹10.97Cr vs ₹13.30Cr (▼17.5% YoY)
EBITDA Margin 9.15% vs 14.15% (▼500bps)
Governance
Positive
2026-10-31 14:35
- Mangal Electrical Industries Limited approved the grant of 2,00,000 Employee Stock Options under MEIL - ESOP 2025 on October 31, 2026.
- The exercise price is set at ₹240 per option.
- The options cover 2,00,000 equity shares of face value ₹10 each.
- Vesting period ranges between 1 to 7 years from the date of grant.
Governance
Neutral
2026-10-31 14:25
- Nomination and Remuneration Committee approved the grant of 2,00,000 Employee Stock Options to eligible employees under MEIL - ESOP 2025.
- Exercise price is set at ₹240 per option.
- Vesting period ranges from 1 to 7 years from the date of grant.
Governance
Neutral
2026-10-24 11:40
- Mangal Electrical Industries Limited informed that a meeting of the Nomination and Remuneration Committee is scheduled for October 31, 2026.
- The meeting will consider and approve the grant of employee stock options to eligible employees under the ESOP 2025 plan.
Governance
Neutral
2026-10-24 11:32
- Nomination and Remuneration Committee meeting scheduled for October 31, 2026.
- Purpose is to consider and approve the grant of employee stock options to eligible employees under the ESOP 2025 plan.
Governance
Neutral
2026-10-24 11:02
- Board meeting scheduled on October 31, 2026, to consider and approve unaudited financial results for Q2 and H1 ended September 30, 2026.
- Trading window remains closed until 48 hours after the declaration of financial results.
Routine
Neutral
2026-10-12 14:00
- The company clarified that the movement in the volume of its securities is purely market-driven.
- It confirmed that there is no pending information or announcement required to be disclosed under Regulation 30 of SEBI LODR.
Routine
Neutral
2026-10-10 12:22
- Mangal Electrical Industries Limited clarified that the recent increase in trading volume of its securities is purely market-driven.
- The company confirmed it has no undisclosed information, price-sensitive announcements, or impending events that could impact the volume or price behavior.
Routine
Neutral
2026-09-23 17:21
- Trading Window for designated persons will close from October 01, 2026.
- It will reopen 48 hours after the declaration of unaudited financial results for the quarter ending September 30, 2026.
- This is in compliance with SEBI Insider Trading Regulations, 2015.
Routine
Neutral
2026-09-23 17:12
- Mangal Electrical Industries Ltd. announced the closure of the trading window for designated persons and their immediate relatives.
- The trading window will be closed from October 01, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ending September 30, 2026.
Governance
Negative
2026-09-18 18:58
CRITICAL RED FLAG DETECTED
- Ms. Tanvi Surana has resigned from the position of Independent Director of Mangal Electrical Industries Limited.
- The resignation is effective from September 18, 2026.
- She cited personal reasons for her resignation and confirmed no other material reasons.
Governance
Negative
2026-09-18 18:50
CRITICAL RED FLAG DETECTED
- Ms. Tanvi Surana has resigned from the position of Independent Director of Mangal Electrical Industries Limited, effective September 18, 2026.
- Her resignation is attributed to personal reasons, with a confirmation that there are no other material reasons.
Governance
Neutral
2026-09-16 17:55
- The Board of Directors of Mangal Electrical Industries Ltd. approved the appointment of Mr. Rohit Pokharna as the Chief Financial Officer (CFO) effective September 16, 2026, with an annual remuneration of ₹45,00,000/-.
- The Board also considered and approved the Cost Audit Report for the financial year ended March 31, 2026.
Governance
Neutral
2026-09-16 17:52
- Board of Directors approved the appointment of Mr. Rohit Pokharna as Chief Financial Officer (CFO) effective September 16, 2026, replacing Mr. Pawan Mendiratta.
- The new CFO's remuneration is ₹45 lakhs per annum.
- The Board also approved the Cost Audit Report for the financial year ended March 31, 2026.
Governance
Negative
2026-09-16 17:40
CRITICAL RED FLAG DETECTED
- Board approved the appointment of Mr. Rohit Pokharna as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective September 16, 2026, with an annual remuneration of ₹45 Lakhs.
- Mr. Pokharna replaces Mr. Pawan Mendiratta, who was relieved from the CFO position effective August 31, 2026.
- The Board also approved the Cost Audit Report for FY 2025-26.
Governance
Neutral
2026-09-16 17:33
CRITICAL RED FLAG DETECTED
- Board meeting on September 16, 2026, appointed Mr. Rohit Pokharna as Chief Financial Officer (CFO), effective immediately, with ₹45 Lakhs annual remuneration.
- Mr. Pawan Mendiratta was relieved as CFO on August 31, 2026.
- The Cost Audit Report for FY 2025-26 was also approved.
Business Update
Positive
2026-09-02 10:02
- CARE Ratings Limited assigned credit ratings to Mangal Electrical Industries Ltd.'s bank facilities on September 01, 2026.
- Long Term Bank Facilities of ₹1.87 Cr rated CARE A-; Stable.
- Long Term / Short Term Bank Facilities of ₹131.25 Cr rated CARE A-; Stable / CARE A2+.
- The assigned ratings are valid for a period of one year.
Routine
Positive
2026-09-02 09:57
- CARE Ratings Ltd. assigned credit ratings to Mangal Electrical Industries Ltd. on Sep 01, 2026.
- Long Term Bank Facilities (₹1.87 Cr) rated CARE A-; Stable.
- Long Term/Short Term Bank Facilities (₹131.25 Cr) rated CARE A-; Stable/CARE A2+.
- Total facilities rated ₹133.12 Cr, valid for one year.
Routine
Neutral
2026-08-27 17:53
New Filing detected. See link for details.
Governance
Neutral
2026-08-27 13:13
- Scrutinizer's Report for the 18th Annual General Meeting held on August 26, 2026, submitted on August 27, 2026.
- All resolutions, including adoption of FY26 financial statements, appointment of directors and auditors, and Employee Stock Option Plan 2025, were approved with over 99.97% votes in favor.
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)
Financials
Negative
2026-08-26 17:01
- FY26 Revenue From Operations ₹57,967.86L vs ₹54,942.14L (▲5.51% YoY)
- FY26 EBITDA ₹6,834.94L vs ₹8,184.09L (▼16.50% YoY)
- FY26 PAT ₹4,317.10L vs ₹4,730.70L (▼8.74% YoY)
- FY26 EBITDA Margin 11.79% vs 14.90% (▼311bps)
Governance
Neutral
2026-08-26 16:31
- The 18th Annual General Meeting (AGM) was held on August 26, 2026, via Video Conferencing/OAVM.
- Members adopted the Audited Financial Statements for FY 2025-26.
- Key resolutions included re-appointment of directors, ratification of cost auditor remuneration, appointment of secretarial auditors, adoption of the MEIL ESOP 2025, and appointment of Ms. Neha Rathi as an Independent Director.
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
2026-08-04 19:06
- Annual Report for the year ended March 31, 2026, was filed.
- FY26 Financial Highlights: Revenue ₹579.7 Cr, EBITDA ₹68.3 Cr, PAT ₹43.2 Cr.
- Company listed on NSE & BSE in August 2025.
- Strategic expansion includes a new facility for higher class transformers to broaden market reach.
Governance
Neutral
2026-08-04 19:00
- Notice of 18th Annual General Meeting (AGM) scheduled for August 26, 2026, at 2:00 P.M. via Video Conferencing/Other Audio Visual Means.
- Agenda includes adoption of FY26 financial statements, re-appointment of two directors, ratification of cost auditor remuneration (₹50,000), and appointment of secretarial auditors (₹2,31,000).
- Proposal for "Employee Stock Option Plan 2025" (ESOP 2025) covering up to 15 lakh equity shares of face value ₹10.
- Appointment of Ms. Neha Rathi as an Independent Director for a five-year term (2026-2031).
- The record date for e-voting for the AGM is August 17, 2026.
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
2026-07-30 11:02
- Consolidated Revenue ₹125.8 Cr vs ₹89.7 Cr (▲40% YoY)
- EBITDA ₹11.1 Cr vs ₹10.0 Cr (▲11% YoY)
- PAT ₹7.5 Cr vs ₹3.7 Cr (▲101% 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 19:21
- Revenue ₹125.8 Cr vs ₹89.7 Cr (▲40% YoY)
- EBITDA ₹11.1 Cr vs ₹10.0 Cr (▲11% YoY)
- PAT ₹7.5 Cr vs ₹3.7 Cr (▲103% YoY)
- EBITDA Margin 8.8% vs 11.1% (▼230bps)
Financials
Positive
2026-07-29 19:13
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.34% 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 19:11
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.80% YoY)
- EBITDA ₹11.13 Cr vs ₹9.97 Cr (▲11.64% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.61% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
- Board approved Un-audited Standalone Financial Results for the quarter ended June 30, 2026.
- Ms. Neha Rathi appointed as Additional Independent Director for a term of 5 years, subject to shareholder approval.
- Re-appointment of M/s SCLJ & Associates as Internal Auditors and appointment of M/s SKMG & Co. as Secretarial Auditors for FY 2026-27.
- The 18th Annual General Meeting (AGM) will be held on August 26, 2026, via Video Conferencing/OAVM.
- Record Date for the AGM purpose is August 17, 2026.
- Change in depreciation method from WDV to SLM effective April 1, 2026, resulted in a ₹1.30 Cr increase in PBT for the quarter.
- ₹8.49 Cr of IPO proceeds remain unutilized as on June 30, 2026.
Financials
Positive
2026-07-29 19:08
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.80% YoY)
- EBITDA ₹11.13 Cr vs ₹9.97 Cr (▲11.66% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.53% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
Financials
Positive
2026-07-29 19:06
- Standalone Operating Revenue ₹125.83 Cr vs ₹89.66 Cr (▲40.80% YoY)
- EBITDA ₹11.13 Cr vs ₹9.97 Cr (▲11.63% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.61% YoY)
- EBITDA Margin 8.84% vs 11.12% (▼228bps)
- Board approved the re-appointment of M/s SCLJ & Associates as Internal Auditors and appointment of M/s SKMG & Co. as Secretarial Auditors for FY 2026-27.
- Approved the appointment of Ms. Neha Rathi as an Additional Director (Independent) for a term of five years from July 29, 2026.
- 18th Annual General Meeting (AGM) to be held on August 26, 2026.
Financials
Positive
2026-07-29 19:03
- 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 8.85% vs 11.12% (▼227bps)
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 18:35
- Standalone Revenue ₹125.83 Cr vs ₹89.66 Cr (▲39.23% YoY)
- EBITDA ₹12.94 Cr vs ₹10.22 Cr (▲26.64% YoY)
- PAT ₹7.52 Cr vs ₹3.73 Cr (▲101.52% YoY)
- EBITDA Margin 10.28% vs 11.40% (▼112bps)
- Board re-appointed internal auditors and appointed secretarial auditors.
- Ms. Neha Rathi appointed as Additional Independent Director.
- 18th AGM scheduled for August 26, 2026.
- Unutilized IPO funds of ₹84.91 Cr as of June 30, 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.
Financials
Neutral
2026-07-20 14:56
- Board Meeting scheduled for July 29, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026.
- Trading window remains closed for Designated Persons until 48 hours post results declaration.
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.
Business Update
Positive
2026-06-29 15:32
- Mangal Electrical Industries acquired 1.4315 Hect. industrial land in Sikar, Rajasthan, on June 29, 2026, for ₹8.00 Crore. This acquisition is for expanding manufacturing facilities and future business operations, supporting long-term growth.
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.
Routine
Neutral
2026-06-26 12:06
- Trading window for designated persons to deal in company securities will be closed from July 01, 2026.
- It will reopen 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.
Business Update
Neutral
2026-06-11 14:57
- Investor/Analyst Meet & Plant Visit Schedule
- Date: Thursday, June 18, 2026
- Mode: Physical Group Meeting
- Location: Reengus & Jaipur
- No Unpublished Price Sensitive Information (UPSI) will be shared during the meeting.
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).