Mangalam Alloys logo

Mangalam Alloys share price

NSE: MALIndustrial Products

Last close ₹32.80down ₹1.70 (4.93%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹34.50.

52-week range of traded prices to 8 Oct 2026
₹28.95Low, 11 Jun 2026₹58.00High, 6 Nov 2025
Market cap
₹81 Cr
P/E
5.5
P/B
0.5
Dividend yield
Nonein the last 12 months
ROE
9.8%
Debt to equity
1.87
Volume, NSE
19,200

Share price

Daily closes since Oct 2023, adjusted for splits and bonuses

−32.7%over a year

Results20-session average 10,240 shares a day, 92.8% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 29 May

Revenue
₹219 Crup 0.16%
Net profit
₹2.91 Crdown 75.21%
Net margin
1.3%

Revenue by year

Peak revenue ₹438 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2023Mar 2024Sep 2024Mar 2025Filed 30 MaySep 2025Filed 13 NovMar 2026Filed 29 May
Revenue140164198234219219
Net profit65112123
Net margin4.3%3.3%0.5%5.3%5.4%1.3%
Standalone. The 6 half years from Sep 2023, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Iron and Steel Products, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 27% of 551 trading days since Jun 2024.

LowestHighest
Its median8.8Industry median17.4
Price to book

At or below today's level on 16% of 217 trading days over the last year.

LowestHighest
Its median0.6Industry median1.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+20.8%+9.8%+10.0%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters59.74%
  • Foreign institutions0.46%
  • Governments0.22%
  • Individuals and others39.58%
Holder
Tushar Uttamchand MehtaPromoter25.32%
Uttamchand Chandanmal MehtaPromoter14.77%
Meghjyoti Impex Private LimitedPromoter13.02%
AEMLCompanies5.57%
Megha Tushar MehtaPromoter3.27%
Shelja Finlease Private LimitedPromoter3.22%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 24,02,062 of its 2,46,85,927 shares locked in.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mangalam Alloys in market cap. 2 companies in the table last traded before then: their rows are priced on their last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kanishk Steel Industries logoKanishk Steel IndustriesKANSHST11917.61.19.7+3.0%−29.5%6.2%8.1%0.00%
Alliance Integrated Metaliks logoAlliance Integrated MetaliksAIML103––60.7−1.6%–––0.00%
Pattech Fitwell Tube Components logoPattech Fitwell Tube ComponentsPATTECH10354.62.6–+24.2%+53.2%6.2%–0.00%
Sarthak Metals logoSarthak MetalsSMLT10120.80.813.8+9.4%+29.2%4.0%3.8%0.00%
Anand SeamlessANAND79–––––––0.00%
Excellent Wires and Packaging logoExcellent Wires and PackagingEXCELLENT7750.93.7–––7.6%–0.00%
Kasturi Metal Composite logoKasturi Metal CompositeKASTURI7318.42.0–––10.7%–0.00%
Hisar Metal Industries logoHisar Metal IndustriesHISARMETAL7014.81.110.3+8.6%+73.7%7.4%7.8%0.77%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Mangalam Alloys share price by year

Each calendar year to 2025.Mangalam Alloys share price history

YearClose at year endChangeHighest closeLowest close
202547.45+17.2%80.2026.65
202440.50−20.8%55.3533.85
202351.15–76.0048.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 4 Oct 2023.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202632.9032.9032.8032.8032.8119,200–
22 Oct 202634.5034.5034.5034.5034.503,200100.0%
21 Oct 202635.0035.7534.0034.1034.7614,400100.0%
19 Oct 202635.5035.5035.5035.5035.501,600100.0%
15 Oct 202637.2537.2535.5035.5036.816,400100.0%
14 Oct 202637.2537.2537.2537.2537.251,600100.0%
13 Oct 202636.7536.7536.7536.7536.751,600100.0%
9 Oct 202636.6536.7536.6536.7536.703,200100.0%
8 Oct 202638.0038.0036.8036.8037.403,200–
7 Oct 202638.0038.5538.0038.5538.269,60083.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Mangalam Alloys Limited
NSE symbol
MAL
ISIN
INE00C401011
Industry
Industrial Products
Listed
Oct 2023
Face value
₹10