Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

Mangalam Cement Limited

NSE: MANGLMCEMCement & Cement Products

Share price

₹950.80

-2.09% close of 8 Oct 2026

Market cap ₹2,662 CrP/E 23.4

Business score

How strong the business is, in one number. The parts behind it are in Pro.

53

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,662 Cr

P/E ratio

23.4

P/B ratio

2.7

ROCE

11.0%

ROE

14.1%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹1,098.2052-week low ₹685.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 0.6% over the past year, and 8.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 12.2% to 11.1% over the last four years.

Whether it grew faster than its sector

It grew 8.2% a year against a sector median of 8.5% — 0.2 percentage points slower.

Room to re-rate, or risk of de-rating

At 23.4× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 33.9×, across 5 companies. It is against its own five-year median of 27.7×, the 42nd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 81%.

Profit growthPrice per ₹1 profitPer 1% growth
Mangalam Cement Limited — this one81%/yr23.4×₹0.29
Grasim Industries Limited-10%/yr33.9×—
Ambuja Cements21%/yr17.9×₹0.85
Shree Cement10%/yr47.7×₹4.8
JK Cement33%/yr39.1×₹1.2
Dalmia Bharat-1%/yr27.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Cement & Cement Products), it ranks 11 of 34 on returns, 15 of 31 on growth, 15 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11% on capital, ahead of 68% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Roughly — Over the last five years it made ₹792 crore of cash from the business and spent about as much on plant and equipment. And the profit is real: of every 100 rupees it reported over 12 years, about 319 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being paid 54 days before it paid its own suppliers to paid 105 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 8 Aug 2026 · Standalone · Unaudited

Revenue

₹455 Cr

Revenue vs last year

+0.7%

Revenue vs last quarter

-7.1%

Net profit

₹18 Cr

Profit vs last year

-43.5%

Profit vs last quarter

-72.2%

Net margin

4.0%

EPS

₹6.57

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,662 Cr
Prev close
₹950.80
52w High
₹1,120
52w Low
₹679
Enterprise value
₹3,322 Cr
Beta
0.9
Price CAGR 1y
31.0%
Price CAGR 3y
38.0%
Price CAGR 5y
17.0%
Price CAGR 10y
10.0%

Ratios

Return on assets
5.3%
PEG ratio
0.2
P/E ratio
23.4
P/B ratio
2.7
EV / EBITDA
17.0
Industry P/E
27.4
ROCE
11.0%
ROCE 5y average
11.0%
ROE
14.1%
Debt / Equity
0.9
Interest coverage
2.5
Dividend yield
0.1%
ROE 3y average
10.0%
ROE last year
16.0%

Annual P&L

Annual revenue
₹1,758 Cr
Annual profit
₹129 Cr
Operating margin
13.0%
Net profit margin
7.3%
EBITDA margin
12.6%
Sales growth 3y
-0.8%
Sales growth 5y
6.1%
Profit growth 3y
81.0%
Profit growth 5y
10.0%
EPS
₹46.9
Sales growth TTM
1.0%
Profit growth TTM
116.0%
Dividend payout
3.0%

Quarter P&L

Sales latest quarter
₹455 Cr
Profit latest quarter
₹18 Cr
YoY quarterly sales growth
0.8%
YoY quarterly profit growth
-43.8%
OPM latest quarter
11.7%

Balance Sheet

Book Value
₹349
Face Value
₹10.0
Total debt
₹888 Cr
Total cash
₹162 Cr
Borrowings
₹888 Cr
Reserves / Equity
33.9

Cash Flow

Operating cash flow
₹94 Cr
Free cash flow
-₹224 Cr
FCF yield
-10.8%
Net cash flow
-₹20 Cr

Shareholding

Promoter holding
40.0%
FII holding
5.5%
DII holding
6.2%
Public holding
48.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
UltraTech Cem.10,597.8536.23,12,2972.262,603.715.824,648.215.812.7
Grasim Inds2,894.0034.31,96,9470.343,846.350.048,716.221.48.0
Ambuja Cements353.3518.787,8010.56660.0-29.89,500.0-7.75.6
Shree Cement21,677.4048.078,2140.69531.1-17.76,233.118.010.3
J K Cements4,935.0039.038,1320.40274.6-14.54,031.720.315.1
Dalmia BharatLtd1,647.0528.130,8930.55192.0-15.33,890.07.07.6
ACC1,157.5011.421,7360.65147.0-56.35,808.0-4.611.3
Mangalam Cement987.0020.92,7140.1518.1-44.0455.20.811.0
Median158.9827.82,7840.3340.6-22.7742.79.57.0

Competes with: ACC Limited, Ambuja Cements, Dalmia Bharat, Grasim Industries Limited, JK Cement, Shree Cement, UltraTech Cement

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales421428439437381359438503452395421490455
Expenses369380382392351329395449377352376436402
Material Cost697079827655
Change in Inventories67-20-39-184235
Purchases of Stock-in-Trade000000
Employee Cost333735333536
Other Expenses280289278279283276
Operating Profit51485746303043547543455453
OPM %121113107.808.399.92111711111112
Other Income68619321051311106-411
Exceptional items (within Other Income)000-1.03-210
Interest16181717161716191716151618
Depreciation18181919191919212020202022
Profit before tax2320272926413274916161324
Tax %364141413510403734-2227-40024
Net Profit151216171738173220116518
EPS in Rs5.344.295.806.286.201.192.846.15127.314.13246.57
Diluted EPS in Rs6.15127.314.13246.57

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9228421,0451,0801,2001,2281,3051,5661,8021,7251,6811,7581,762
Expenses8317979279971,1421,0291,0601,3481,6541,5231,5201,5381,567
Material Cost297308
Change in Inventories12-35
Purchases of Stock-in-Trade00
Employee Cost132141
Other Expenses1,0831,128
Operating Profit90451188257200245218148203161221195
OPM %1051184.80161914812101311
Other Income062128243025271638571822
Exceptional items (within Other Income)0-22
Interest38464747516369646668696466
Depreciation34374044464963626974798183
Profit before tax19-315019-161171381192899709469
Tax %6-312740-39353235384036-37
Net Profit18-213711-10769378176045129115
EPS in Rs6.71-8.04144.26-3.652835286.2322164742
Diluted EPS in Rs1647
Dividend Payout %30-6512-1444524793

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
6%
3 years
-1%
TTM
1%

Compounded profit growth

10 years
24%
5 years
10%
3 years
81%
TTM
116%

Stock price CAGR

10 years
10%
5 years
17%
3 years
38%
1 year
31%

Return on equity

10 years
8%
5 years
9%
3 years
10%
Last year
16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital272727272727282828282828
Reserves491447479488477549640715729784824950
Borrowings382428391372518585632628621607627888
Other Liabilities312291316333393432558558612649687559
Total Liabilities1,2121,1921,2131,2201,4141,5931,8581,9281,9902,0682,1662,425
Fixed Assets7577448148318219159801,1411,1701,1651,1851,308
CWIP31714957321112101743554
Investments3620283633657110478849176
Other Assets388358323348487591694673725776884987
Total Assets1,2121,1921,2131,2201,4141,5931,8581,9281,9902,0682,1662,425

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4875163868421623418913918218894
Cash from Investing Activity-50-62-91-17-176-156-172-134-64-112-132-297
Cash from Financing Activity-18-13-77-67833-41-73-89-86-63183
Net Cash Flow-20-0-52-96320-18-14-15-7-20
Free Cash Flow-4107668-175015665148473-224

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days111512121181198798
Inventory Days305202216210200421366270320492326427
Days Payable200194269270286463316235310377290271
Cash Conversion Cycle11623-40-47-75-3460431712345164
Working Capital Days21-21-42-43-25-37-56-54-67-77-91-105
ROCE %7211731717148121011

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters363737373738404040404040
FIIs6.826.205.706.326.176.075.815.876.075.805.595.53
DIIs2.623.404.364.754.784.794.987.096.946.786.176.17
Public545453525251504847474848
No. of Shareholders34,98832,21034,06532,43133,02733,42731,75031,51631,94931,41930,06629,390

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +28.2% (₹741.80 → ₹950.80)Brick size ₹35.14 (fixed)Bricks 27
₹800₹1,000₹951Nov '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹950.80 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

660inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,77,21,774inr

2026-03-31

News

News and filings about Mangalam Cement Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • fly ash
  • gypsum
  • limestone

Depends on the price of

  • cement
  • coal
  • diesel

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction Materials
Industry
Cement & Cement Products
Classification
Construction Materials › Cement & Cement Products
ISIN
INE347A01017

Plants

  • Aligarh cement grinding unit · Aligarh, Uttar Pradesh
  • Morak integrated cement works

News impact

Big market events that reach Mangalam Cement Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

14 Aug 2026unspecified₹1.5
14 Aug 2025unspecified₹1.5
19 Jul 2024unspecified₹1.5
28 Jul 2023unspecified₹1.5
25 Aug 2022unspecified₹1.5
8 Sep 2021unspecified₹1.5
17 Sep 2020unspecified₹1
11 Sep 2019unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
2 Jun 2026SANTOSH INDUSTRIES LTDSELL2,07,644₹840.00
22 May 2026LOK PRAKASHAN LTDSELL1,90,000₹829.96
21 May 2026LOK PRAKASHAN LTDSELL2,12,579₹830.40

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.