# Mangalam Cement share price today (Mangalam Cement Ltd, NSE: MANGLMCEM) > Mangalam Cement share price today: ₹864.50 at the NSE close on 3 November 2026, up 11.3% in a year. Mangalam Cement (NSE: MANGLMCEM) is worth ₹2,376 crore, trades at a P/E of 18.3 and has closed between ₹706.20 and ₹1,095.20 over the past 52 weeks. > Mangalam Cement Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MANGLMCEM · Cement · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/mangalam-cement-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹864.50 (+11.3% in a year) - P/E: 18.3× (lower than 57% of the last 10 years) - Revenue (Jun 2026): ₹455 Cr (+0.7% on a year ago) - Profit (Jun 2026): ₹18.0 Cr (−43.8% on a year ago) - Operating margin: 12.0% (−5.0 points on a year ago) - ROCE: 11%, FY26 - ROIC: 6.8%, against a 12.0% cost of capital: −5.2 points The main question: yearly earnings per share moved +186.2% while the share price moved +11.3%. ## What is the Mangalam Cement share price today? Mangalam Cement Ltd's share price was ₹864.50 at the close on 3 November 2026. It has been rising for 37 weeks. That is 5.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹706 and ₹1,095, and at that close it sat 41% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 19 weeks in a row. Over the last 11 years the share price moved +437% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Mangalam Cement this quarter? Two changes stood out: profit fell in the June 2026 quarter and operating margin down 5 points on a year earlier. 1. Profit fell in the June 2026 quarter Profit was ₹18 crore, -43.7% on a year earlier (₹32 crore), after 4 quarters of growth. 2. Operating margin down 5 points on a year earlier 12% in the June 2026 quarter, from 17%. ## What are Mangalam Cement's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Mangalam Cement reported revenue of ₹455 crore, up 0.7% from ₹452 crore a year earlier, and a profit of ₹18.0 crore, down 43.7% from ₹32.0 crore. ### Mangalam Cement results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹455 crore | ₹452 crore | +0.7% | | Profit | ₹18.0 crore | ₹32.0 crore | −43.7% | | Earnings per share | ₹6.57 | ₹11.73 | −44.0% | | Operating margin | 12.0% | 17.0% | −5.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Mangalam Cement share price history? Mangalam Cement closed at ₹864.50 on 3 November 2026, up 11.3% from ₹776.80 a year earlier (31 October 2025) and up 92.8% over five years. Its highest weekly close since February 2016 was ₹1,095.20 on 4 September 2026. ### Mangalam Cement share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹894.80 | −3.4% | | 1 month ago · 1 Oct 2026 | ₹984.65 | −12.2% | | 6 months ago · 30 Apr 2026 | ₹922.50 | −6.3% | | 1 year ago · 31 Oct 2025 | ₹776.80 | +11.3% | | 3 years ago · 3 Nov 2023 | ₹408.60 | +111.6% | | 5 years ago · 4 Nov 2021 | ₹448.30 | +92.8% | | 10 years ago · 4 Nov 2016 | ₹322.40 | +168.1% | | Earliest weekly close in our records · 26 Feb 2016 | ₹161.00 | +437.0% | | Highest weekly close since February 2016, also the 52-week high · 4 Sep 2026 | ₹1,095.20 | −21.1% | | Lowest weekly close since February 2016 · 3 Apr 2020 | ₹144.70 | +497.4% | | 52-week low (weekly close) · 28 Nov 2025 | ₹706.20 | +22.4% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.) ## What is the latest news on Mangalam Cement? 3 Nov 2026: Mangalam Cement closed at ₹864.50, down 3.4% on the week and down 12.2% on the month. 14 Aug 2026: ex-date for a dividend of ₹1.50 a share. ### Earlier - Results for April to June 2026: Revenue up 0.7% and profit down 43.7% on a year earlier. ## What dividend does Mangalam Cement pay? Mangalam Cement paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.17% at the ₹864.50 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 14 August 2026. ### Mangalam Cement dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 14 Aug 2026 | ₹1.50 | Dividend | same day | | 14 Aug 2025 | ₹1.50 | Dividend | 15 Aug 2025 | | 19 Jul 2024 | ₹1.50 | Dividend | n/a | | 28 Jul 2023 | ₹1.50 | Dividend | n/a | | 25 Aug 2022 | ₹1.50 | Dividend | n/a | | 8 Sep 2021 | ₹1.50 | Dividend | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Mangalam Cement Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years. 2 of those years show a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.) ## Which stock lists is Mangalam Cement on? Mangalam Cement is not on any of our India lists this week. ## Is Mangalam Cement profitable? Mangalam Cement Ltd earned ₹18.0 Cr of net profit in the Jun 2026 quarter, −43.8% on the same quarter a year earlier. Full-year FY26 profit was ₹129 Cr. That is 4.0% of the quarter's revenue. The same quarter a year earlier earned ₹32.0 Cr. For the full year, FY26 profit was ₹129 Cr (+186.7% on the year before). Why profit moved: revenue changed +0.7% on a year earlier and the margin moved −5.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +210.7% and revenue +1.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Mangalam Cement make, and is it growing? Mangalam Cement Ltd reported ₹455 Cr of revenue in the Jun 2026 quarter, +0.7% on the same quarter a year earlier. Over 10 years it has grown 7.6% a year on average. The last full year, FY26, came in at ₹1,758 Cr. The last four reported quarters add to ₹1,761 Cr. FY26 revenue was ₹1,758 Cr, +4.6% on the year before. Recent pace: the last four quarters grew +1.0% on average, against 7.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +0.5%, against +2.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +90.0%, against +35.6% a year (accelerating). ## How much of every ₹100 of sales does Mangalam Cement keep? Mangalam Cement Ltd's operating margin was 12.0% in the Jun 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 4.8% and 19.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.9 percentage points on the year while gross margin changed −7.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Mangalam Cement's profit turning into cash? Over the last 3 years, 198% of Mangalam Cement Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹94.0 Cr of operating cash against ₹129 Cr of profit. After ₹253 Cr of spending on assets, free cash was −₹159 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 198% of profit came in as cash: the cash cycle got 104 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building. ## Where does Mangalam Cement's cash go? Mangalam Cement Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 164 days in FY26, up from 60 days in FY21. It spent ₹409 Cr on assets over the last 3 years. Customers take 8 days to pay, and stock sits for 427 days on average. At FY26 sales of ₹1,758 Cr, each day of that cycle ties up about ₹4.8 Cr, so roughly ₹790 Cr is tied up in the business at any time. FY26: customers took 8 days to pay and stock sat for 427 days, about 14.0 months of sales sitting as stock, for a full cycle of 164 days, longer than FY21's 60. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 427 days. Customers pay about 8 days after that. Suppliers are paid at 271 days. Together that makes the 164-day cycle. Spending on assets: ₹409 Cr over the last 3 years, against ₹234 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹54.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Mangalam Cement's P/E ratio, and how does it compare with its own history? Mangalam Cement Ltd's P/E is 18.3×, in the middle of its own history: higher than 43% of past readings. Its usual P/E (the middle reading) is 21.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹41.73. Why the multiple is where it is: over the past year earnings per share moved +186.2% while the price moved +11.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +14.0% a year; about +1.2% a year came from earnings growth and about +12.8 percentage points from the multiple (the market paying more); over 10 years the price moved +10.4% a year; about +11.7% a year came from earnings growth and about −1.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Mangalam Cement business getting better or worse? Mangalam Cement Ltd's business is getting better. Profit growth hit its low 5 quarters ago at −23.7% and has recovered to +90.0%, with ROCE steady at 13.4%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Mangalam Cement earn on its capital? Mangalam Cement Ltd earned a ROCE of 11% in FY26. That is up from a low of 2% in FY16. Its return on capital used (ROIC) is 5.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.3% net margin and 0.72× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.3% net margin × 0.72× asset turnover × 2.48× leverage (assets divided by equity) ≈ 13.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.8% − 12.0% = −5.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 6.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 9.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Mangalam Cement have too much debt? Mangalam Cement Ltd has total debt of ₹888 Cr against shareholder equity of ₹977 Cr as of Jun 2026, so its debt is 0.91× its equity. Year by year, that ratio went from 0.85 in FY22 to 0.91 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Mangalam Cement shareholding pattern? Promoters raised their stake in Mangalam Cement Ltd by 3.1 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 40.0% of the company. Foreign institutions moved −0.6 points over the same period, to 5.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +3.1 points over 8 quarters, to 40.0%; Foreign institutions: −0.6 points over 8 quarters, to 5.6%; Domestic institutions: +0.0 points over 8 quarters, to 4.8%. Why the owners changed: promoters drove it (+3.1 points), with the other side taken by foreign institutions (−0.6 points). They raised their stake step by step. ## How far is Mangalam Cement from balance-sheet trouble? For Mangalam Cement Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Mangalam Cement rank in its industry? 51.5 out of 100, rank 8 of 26 in Cement, with 96% of the evidence available. Mangalam Cement Ltd scores 51.5 out of 100 against the 26 companies it is compared with in Cement, ranking 8. Relative strength against the index is 5.3%, and revenue and profit growth are weak. The four parts add up to the total exactly: 13.1 + 10.3 + 13.9 + 14.2 = 51.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Mangalam Cement compared with? Mangalam Cement ranks 8 of 26 Cement companies on the 4-Factor Sector Score, with 51.5 out of 100. 1. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) NCLIND · quiet · Most evidence points up · 96% evidence 72.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 3.7% · Profit 100% · Operating margin change -3 points · 88% evidence Capital efficiency 18.5/25 · ROCE 14.6% · Operating margin 12% · 100% evidence Valuation 20.0/20 · P/E 5.8× · PEG 0.14 · 100% evidence Relative strength 12.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 -9.2% · 1 year -19.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 18.5 + 20 + 12.7 = 72.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Star Cement Ltd](https://www.sectoralpha.in/stocks/star-cement-ltd) STARCEMENT · basing · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 14.5% · Profit 55.1% · Operating margin change -4 points · 88% evidence Capital efficiency 22.5/25 · ROCE 16.6% · Operating margin 21% · 100% evidence Valuation 11.9/20 · P/E 18.3× · PEG 1.12 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -33.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 22.5 + 11.9 + 9.5 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) RAIN · losing its lead · Evidence leans up · 71% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 17% · Profit 100% · Operating margin change 5 points · 83% evidence Capital efficiency 10.8/25 · ROCE 8.3% · Operating margin 19% · 76% evidence Valuation 11.0/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 39.3% · Lead over NIFTY 500 23.4% · 1 year 45.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.3 + 10.8 + 11 + 14 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [UltraTech Cement Ltd](https://www.sectoralpha.in/stocks/ultratech-cement-ltd) ULTRACEMCO · turning · Evidence leans up · 67% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 16.9% · Profit 21.1% · Operating margin change 0 points · 95% evidence Capital efficiency 16.9/25 · ROCE 12.7% · Operating margin 16% · 76% evidence Valuation 10.1/20 · P/E 36.6× · PEG n/a · 50% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -7.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24 + 16.9 + 10.1 + 11.2 = 62.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) JSWCEMENT · basing · Evidence leans up · 60% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 19.3% · Profit 100% · Operating margin change -4 points · 95% evidence Capital efficiency 12.3/25 · ROCE 11.1% · Operating margin 15% · 76% evidence Valuation 10.4/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.6% · 1 year -15.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.3 + 10.4 + 10.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) BIRLACORPN · basing · Evidence leans up · 85% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 3.3% · Profit 0.6% · Operating margin change -5 points · 100% evidence Capital efficiency 12.5/25 · ROCE 9.8% · Operating margin 9% · 100% evidence Valuation 18.6/20 · P/E 11.9× · PEG 0.33 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year -34.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 12.5 + 18.6 + 9.4 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shree Cement Ltd](https://www.sectoralpha.in/stocks/shree-cement-ltd) SHREECEM · basing · Evidence leans up · 100% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 14.3% · Profit -7.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.4/25 · ROCE 10.3% · Operating margin 17% · 100% evidence Valuation 5.4/20 · P/E 52.4× · PEG 3.8 · 100% evidence Relative strength 15.8/20 · Lead over its industry 9.7% · Lead over NIFTY 500 -3.8% · 1 year -18.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 14.4 + 5.4 + 15.8 = 51.8 · What this means: Relative strength against the index is -3.8%, and revenue and profit growth are weak. 8. Mangalam Cement Ltd this page MANGLMCEM · losing its lead · Evidence leans up · 96% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 90% · Operating margin change -5 points · 88% evidence Capital efficiency 10.3/25 · ROCE 11% · Operating margin 12% · 100% evidence Valuation 13.9/20 · P/E 18.6× · PEG 0.68 · 100% evidence Relative strength 14.2/20 · Lead over its industry 19.2% · Lead over NIFTY 500 5.3% · 1 year 13% · 100% evidence · 7 of 12 weeks ahead Exact sum: 13.1 + 10.3 + 13.9 + 14.2 = 51.5 · What this means: Relative strength against the index is 5.3%, and revenue and profit growth are weak. 9. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) JKLAKSHMI · quiet · Too little evidence to rank firmly · 56% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.7% · Profit 0.5% · Operating margin change -4 points · 83% evidence Capital efficiency 14.4/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 10.8/20 · P/E 14.7× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.9% · 1 year -47.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 14.4 + 10.8 + 8.2 = 49.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) NUVOCO · losing its lead · Evidence leans down · 78% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 10.6% · Profit 51.5% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 7% · Operating margin 15% · 100% evidence Valuation 4.9/20 · P/E 25.8× · PEG 8.14 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.5% · 1 year -22.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 21.4 + 11.2 + 4.9 + 11.6 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ORIENTCEM · basing · Evidence leans down · 93% evidence 48.2 out of 100 Growth Capital Valuation Relative 12. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) INDIACEM · basing · Evidence leans down · 75% evidence 47.5 out of 100 Growth Capital Valuation Relative 13. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) JKCEMENT · quiet · Evidence leans down · 85% evidence 47.3 out of 100 Growth Capital Valuation Relative 14. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) KCP · basing · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative 15. [The Ramco Cements Ltd](https://www.sectoralpha.in/stocks/the-ramco-cements-ltd) RAMCOCEM · quiet · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative 16. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) DALBHARAT · quiet · Evidence leans down · 85% evidence 42.2 out of 100 Growth Capital Valuation Relative 17. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) HEIDELBERG · quiet · Evidence leans down · 100% evidence 41.7 out of 100 Growth Capital Valuation Relative 18. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ACC · quiet · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative 19. [Ambuja Cements Ltd](https://www.sectoralpha.in/stocks/ambuja-cements-ltd) AMBUJACEM · basing · Evidence leans down · 82% evidence 35.7 out of 100 Growth Capital Valuation Relative 20. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) BIGBLOC · basing · Evidence leans down · 64% evidence 35.2 out of 100 Growth Capital Valuation Relative 21. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative 22. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) DECCANCE · quiet · Most evidence points down · 89% evidence 34.0 out of 100 Growth Capital Valuation Relative 23. [Saurashtra Cement Ltd](https://www.sectoralpha.in/stocks/saurashtra-cement-ltd) SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative 24. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) SHREDIGCEM · quiet · Most evidence points down · 72% evidence 27.2 out of 100 Growth Capital Valuation Relative 25. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) SHIVACEM · Too little evidence to rank firmly · 48% evidence 51.0 out of 100 Growth Capital Valuation Relative 26. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) PRSMJOHNSN · basing · Too little evidence to rank firmly · 49% evidence 44.2 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement](https://www.sectoralpha.in/sectors/cement), all 26 compared on one page. ## Which companies are close to Mangalam Cement in size? Mangalam Cement is the 17th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: JK Lakshmi Cement, Prism Johnson and HeidelbergCement India. Just below it: Orient Cement, K C P and Sagar Cements. ### Cement companies close in size 1. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) ₹5,634 crore 2. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) ₹4,757 crore 3. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) ₹2,741 crore 4. Mangalam Cement Ltd ₹2,413 crore 5. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ₹2,316 crore 6. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) ₹1,865 crore 7. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) ₹1,608 crore [All 26 Cement companies, largest first](https://www.sectoralpha.in/sectors/cement#all-companies) ### Companies close in size in other industries 1. [KMC Speciality Hospitals (India) Ltd](https://www.sectoralpha.in/stocks/kmc-speciality-hospitals-indialtd) ₹2,420 crore · Hospitals 2. [Imagicaaworld Entertainment Ltd](https://www.sectoralpha.in/stocks/imagicaaworld-entertainment-ltd) ₹2,419 crore · Amusement Parks 3. Mangalam Cement Ltd ₹2,413 crore 4. [Rajesh Exports Ltd](https://www.sectoralpha.in/stocks/rajesh-exports-ltd) ₹2,412 crore · Diamond, Gems & Jewellery 5. [Federal-Mogul Goetze (India) Ltd](https://www.sectoralpha.in/stocks/federal-mogul-goetze-indialtd) ₹2,396 crore · Engines ## What else do people ask about Mangalam Cement? ### What is Mangalam Cement's share price today? Mangalam Cement Ltd's share price is ₹864.50, +11.3% over the past year. The whole company is worth ₹2,376 Cr on the market. In the last 52 weeks it traded between ₹706 to ₹1,095; today it is 41% of the way up from the low, 5.0% below its 200-day average (as of 3 November 2026). ### What were Mangalam Cement's latest quarterly results? Mangalam Cement Ltd reported revenue of ₹455 Cr and net profit of ₹18.0 Cr for the Jun 2026 quarter. Revenue rose 0.7% and profit fell 43.8% compared with a year earlier. Earnings per share were ₹6.57. The operating margin was 12.0%, 5.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Mangalam Cement's market cap? Mangalam Cement Ltd's market capitalisation is ₹2,376 Cr at a share price of ₹864.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Mangalam Cement performing? Mangalam Cement Ltd's share price has been rising for 37 weeks. In its latest quarter, revenue rose 0.7% and profit fell 43.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 19 weeks running (as of 3 November 2026). ### Will Mangalam Cement's share price go up? This page does not forecast Mangalam Cement Ltd's share price. What it shows instead: the share price is ₹864.50, and it has been rising for 37 weeks. Its P/E of 18.3× is higher than 43% of its own last 10 years (as of 3 November 2026). ### Who owns Mangalam Cement? Promoters own 40.0% of Mangalam Cement Ltd, foreign institutions 5.6%, domestic institutions 4.8% and the public 49.6% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 3.1 percentage points over 8 quarters (as of 3 November 2026). ### Does Mangalam Cement have too much debt? Mangalam Cement Ltd has a moderate amount of debt: its debt is 0.91× its equity, and its operating profit is 4 times its interest bill. FY26 borrowings were ₹888 Cr against equity of ₹978 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Mangalam Cement in its business cycle? Mangalam Cement Ltd's FY26 operating margin was 13.0%, against a 13-year range of 4.8% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Mangalam Cement story? The main question: yearly earnings per share moved +186.2% while the share price moved +11.3%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Mangalam Cement a stock worth studying right now? What the numbers show: Mangalam Cement Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.