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Mangalam Alloys Ltd share price logo

Mangalam Alloys Ltd

(MAL)

₹41.550%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Technicals

Performance

  • Day's Low

    Day's High

    ₹41.5
    ₹44.1
  • 52 Week's Low

    52 Week's High

    ₹32.55
    ₹80
1 Month Return+ 1.09 %
3 Month Return+ 7.92 %
1 Year Return-45.33 %
Previous Close₹41.55
Open₹42.90
Volume1.31L
Upper Circuit-
Lower Circuit-
Market Cap₹102.57Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹102.57 Cr
P/B Ratio0.62
EPS0
Dividend Yield0
SectorSteel
ROE10.73

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹102.57 Cr-9.07%0.76-₹1 Cr₹310 Cr
NA₹12.56 Cr51.42%0.52NANA
NA₹149.61 Cr129.97%0.61NANA
NA₹339.58 Cr153.29%0.67NANA
BUY₹2,337.83 Cr-0.4%0.68₹12 Cr₹595 Cr

Company Information

Mangalam Alloys Private Limited was originally incorporated in Ahmedabad as Mangalam Alloys Private Limited on August 01 1988 at RoC Gujarat. The Company subsequently converted into a Public Company and consequently the name was changed to Mangalam Alloys Limited vide fresh certificate of incorporation dated April 20 1995 issued by the Registrar of Companies Dadra and Nagar Havelli Gujarat. The Company was Incorporated by Promoter Mr. Uttamchand Chandanmal Mehta and Mr. Maheshchand Jain with an aim of running stainless steel melting unit as part of Business growth. The Company is a stainless steel unit manufacturing SS Ingots Round Bar RCS Bright bar different sections like squarehex angle patti etc Forging and making fasteners. The Company is having an Unique Integrated Stainless Steel/Higher Alloys Steel Melting and further processing Unit i.e. up to Bright Bar Fasteners. Apart from these the Company is having a stainless steel manufacturing unit with an installed capacity of 25000 TPA. It manufactures stainless steel ingots through three furnaces by melting of Stainless Steel scrap rolling of ingots to stainless steel Rounds Flats followed by heat treatment annealing furnace and Bright Bar Unit.The Company established 2nd Furance total Quality Management and 3rd Furance in the year 2004 and 2012 respectively. It further established 16 Rolling Mill in 2003. It invested in Joint Venture at Vietnam with melting unit and bright bar unit in 2007. It established Annealing Department Bright Bar Unit and was recognized as ISO 9001. It made investments in Wind Mill of 1.25MW for Green Power in the year 2008.The Company developed Fastener Division in the year 2009. Later in 2016 it developed new products i.e. SS Bright Square Hexagonal Bar Angles Flat Bar in 2014. It got recognition of Inhouse R D Centre approved by DSIR Govt of India in Sector of Stainless Steel and Higher Alloys Process in the year 2017. It further established 20 And 12 Rolling Mill in 2017.The Company is planning to come out with a Public Issue of upto 6734000 Equity Shares..

Share Price: ₹41.55 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹102.57Cr as of today
Listing date: 04 Oct, 2023
OrganisationMangalam Alloys Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Mangalam Alloys Ltd

  • Mangalam Alloys' High Leverage and Weak Interest Cover Pose Risks - 28 Mar, 2024

    Mangalam Alloys has liabilities of ₹1.91b due within a year, with cash and receivables totaling ₹1.13b. Its debt to EBITDA ratio is 2.8, but its interest cover is weak at 2.0, indicating high leverage. The company's use of debt creates risks for the company, increasing the likelihood of permanent losses.

Insights on Mangalam Alloys Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 40.25% to 40.26% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 59.74% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, MAL stock has moved down by -45.3%

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹312.11Cr (-)₹300.67Cr (↓3.67%)₹332.01Cr (↑10.42%)₹394.80Cr (↑18.91%)
Total Liabilities₹248.21Cr (-)₹231.72Cr (↓6.64%)₹252.98Cr (↑9.17%)₹260.09Cr (↑2.81%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹11.59Cr (-)₹4.52Cr (↓61.00%)₹30.66Cr (↑578.32%)₹12.71Cr (↓58.55%)₹8.71Cr (↓31.47%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
59.74%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
40.26%
0.00
Others
0%
0.00

Key Indicators

Details20202021202220232024
Return On Equity %10.07-9.927.68.2810.73
Details2022
Return On Assets %0.52

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mangalam Alloys Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mangalam Alloys Ltd (MAL) share price today is ₹41.55

Mangalam Alloys Ltd is listed on NSE

Mangalam Alloys Ltd is not listed on BSE

  • Today’s highest price of Mangalam Alloys Ltd is ₹44.1.
  • Today’s lowest price of Mangalam Alloys Ltd is ₹41.5.

Today’s traded volume of Mangalam Alloys Ltd(MAL) is 1.31L.

Today’s market capitalisation of Mangalam Alloys Ltd(MAL) is ₹102.57Cr.

Mangalam Alloys Ltd(MALPrice
52 Week High
₹80
52 Week Low
₹32.55

Mangalam Alloys Ltd(MAL) share price is ₹41.55. It is down -48.06% from its 52 Week High price of ₹80

Mangalam Alloys Ltd(MAL) share price is ₹41.55. It is up 27.65% from its 52 Week Low price of ₹32.55