# Mangalam Global Enterprise share price today (Mangalam Global Enterprise Ltd, NSE: MGEL)

> Mangalam Global Enterprise share price today: ₹17.09 at the NSE close on 3 November 2026, up 19.3% in a year. Mangalam Global Enterprise (NSE: MGEL) is worth ₹563 crore, trades at a P/E of 14.7 and has closed between ₹10.04 and ₹17.09 over the past 52 weeks. > Mangalam Global Enterprise Ltd's results are improving, while its P/E is near the low end of its own history over 6.9 years, higher than only 19% of past readings. MGEL · Trading · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/mangalam-global-enterprise-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹17.09 (+19.3% in a year)
- P/E: 14.7× (lower than 81% of the last 6.9 years)
- Revenue (Sep 2026): ₹983 Cr (+39.2% on a year ago)
- Profit (Sep 2026): ₹9.3 Cr (−48.0% on a year ago)
- Operating margin: 2.3% (+0.7 points on a year ago)
- ROCE: 17%, FY26
- ROIC: 11.9%, against a 12.0% cost of capital: −0.1 points

The main question: profits are rising, but only 53% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Mangalam Global Enterprise share price today? Mangalam Global Enterprise Ltd's share price was ₹17.09 at the close on 3 November 2026. It has been rising for 21 weeks. That is 13.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹10 and ₹17, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row. Over the last 6.9 years the share price moved +404% while the NIFTY 500 moved +124%, 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 Global Enterprise this quarter? 6 points in one quarter and best operating margin in 8 quarters. 1. Profit fell in the September 2026 quarter Profit was ₹9 crore, -48% on a year earlier (₹18 crore), after 5 quarters of growth. 2. Promoters cut their stake by 3.6 points in one quarter From 72.4% to 68.8% in the September 2026 quarter. 3. Best operating margin in 8 quarters Operating margin was 2.3% in the September 2026 quarter, against 1.6% a year earlier. ## What are Mangalam Global Enterprise's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Mangalam Global Enterprise reported revenue of ₹983 crore, up 39.2% from ₹706 crore a year earlier, and a profit of ₹9.25 crore, down 48.0% from ₹17.8 crore. ### Mangalam Global Enterprise results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹983 crore | ₹706 crore | +39.2% |
| Profit | ₹9.25 crore | ₹17.8 crore | −48.0% |
| Earnings per share | ₹0.28 | ₹0.54 | −48.1% |
| Operating margin | 2.3% | 1.6% | +0.7 points |

The next results, for October to December 2026, are due by 14 February 2027: 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 September 2026). Revenue and profit in ₹ crore.)

## What is the Mangalam Global Enterprise share price history? Mangalam Global Enterprise closed at ₹17.09 on 3 November 2026, up 19.3% from ₹14.32 a year earlier (31 October 2025) and up 71.4% over five years. Its highest weekly close since November 2019 was ₹23.67 on 19 August 2022. ### Mangalam Global Enterprise share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹17.02 | +0.4% |
| 1 month ago · 1 Oct 2026 | ₹15.34 | +11.4% |
| 6 months ago · 30 Apr 2026 | ₹13.63 | +25.4% |
| 1 year ago · 31 Oct 2025 | ₹14.32 | +19.3% |
| 3 years ago · 3 Nov 2023 | ₹8.73 | +95.8% |
| 5 years ago · 4 Nov 2021 | ₹9.97 | +71.4% |
| Earliest weekly close in our records · 29 Nov 2019 | ₹3.39 | +404.1% |
| Highest weekly close since November 2019 · 19 Aug 2022 | ₹23.67 | −27.8% |
| Lowest weekly close since November 2019 · 20 Dec 2019 | ₹3.38 | +405.6% |
| 52-week high (weekly close) · 3 Nov 2026 | ₹17.09 | 0.0% |
| 52-week low (weekly close) · 6 Mar 2026 | ₹10.04 | +70.2% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. 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. (369 weekly closes from 29 November 2019 to 3 November 2026.)

## What is the latest news on Mangalam Global Enterprise? 3 Nov 2026: Mangalam Global Enterprise closed at ₹17.09, up 0.4% on the week and up 11.4% on the month. Results for July to September 2026: Revenue up 39.2% and profit down 48.0% on a year earlier. ### Earlier

- 17 Jul 2026: ex-date for a dividend of ₹0.01 a share. - 4 Mar 2025: Share split: face value cut from ₹2 to ₹1 a share (ex-date). ## What dividend does Mangalam Global Enterprise pay? Mangalam Global Enterprise paid ₹0.01 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.06% at the ₹17.09 close on 3 November 2026. The last was a dividend of ₹0.01 a share, ex-date 17 July 2026. ### Mangalam Global Enterprise dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Jul 2026 | ₹0.01 | Dividend | same day |
| 18 Jul 2025 | ₹0.01 | Dividend | same day |
| 26 Jul 2024 | ₹0.02 | Dividend | same day |
| 8 Aug 2023 | ₹0.02 | Dividend | same day |
| 14 Jul 2022 | ₹1 | Dividend | 15 Jul 2022 |
| 16 Sep 2021 | ₹1 | Dividend | 17 Sep 2021 |

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 Global Enterprise Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in each of its last 8 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What could change the Mangalam Global Enterprise story? What are the risks? Operating margin 1 to 3% structurally; single adverse season could push to loss-making territory. ### The main risks

- Structural operating margin thinness, commodity price pass-through risk: Operating margin 1 to 3% structurally; single adverse season could push to loss-making territory. ⚠ estimate
- Other-income dependency distorting reported profit: Other income 50 to 88% of profit before tax in 6 of 13 quarters, operating earnings are thinner than headline profit implies. ⚠ estimate
- Operating cash flow inconsistency, working capital-absorbing growth model: Operating cash flow alternating positive/negative, working capital absorbs cash in growth years; FY26 normalized. ⚠ estimate
- Promoter stake decline: Promoter declined 3.5pp over 9 quarters to 71.5%; partial recovery in Dec 2025. ⚠ estimate

(Our read after the January to March 2026 results, written 14 June 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## Which stock lists is Mangalam Global Enterprise on? Mangalam Global Enterprise is on 2 of our India lists: Momentum stocks and Penny stocks. - [Momentum stocks Market cap cr: 570.5411764705882](https://www.sectoralpha.in/momentum-stocks-india)
- [Penny stocks Earnings growth, 12 months (%): 8.26](https://www.sectoralpha.in/penny-stocks-india)

## Is Mangalam Global Enterprise profitable? Mangalam Global Enterprise Ltd earned ₹9.3 Cr of net profit in the Sep 2026 quarter, −48.0% on the same quarter a year earlier. Full-year FY26 profit was ₹45.0 Cr. Over 7 years profit has grown 56.0% a year on average. That is 0.9% of the quarter's revenue. The same quarter a year earlier earned ₹17.8 Cr. For the full year, FY26 profit was ₹45.0 Cr (+95.7% on the year before). Why profit moved: revenue changed +39.2% on a year earlier and the margin moved +0.7 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +39.5% and revenue +49.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Mangalam Global Enterprise make, and is it growing? Mangalam Global Enterprise Ltd reported ₹983 Cr of revenue in the Sep 2026 quarter, +39.2% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 7 years it has grown 36.2% a year on average. The last full year, FY26, came in at ₹3,384 Cr. Why this happened. Gujarat produces ~75% of national castor seed, per. MGEL processes refined castor oil, de-oiled cake, and high-protein meal for domestic and export markets. Revenue grew from in FY22 to in FY26, increase, driven by volume expansion across castor, mustard, and soya segments. Q4 FY26 revenue was +96.3% YoY per, consistent with volume acceleration. The last four reported quarters add to ₹3,755 Cr. FY26 revenue was ₹3,384 Cr, +48.4% on the year before. Recent pace: the last four quarters grew +49.7% on average, against 36.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +44.2%, against +27.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +8.2%, against +21.3% a year (rolling over). ## How much of every ₹100 of sales does Mangalam Global Enterprise keep? Mangalam Global Enterprise Ltd's operating margin was 2.3% in the Sep 2026 quarter, 0.7 percentage points higher than the same quarter a year ago. Across 8 years it has been between 0.9% and 2.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed +1.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Mangalam Global Enterprise's profit turning into cash? Over the last 3 years, 53% of Mangalam Global Enterprise Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹46.0 Cr of operating cash against ₹45.0 Cr of profit. After ₹2.0 Cr of spending on assets, ₹44.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 53% of profit came in as cash: the cash cycle got 14 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Mangalam Global Enterprise's cash go? Mangalam Global Enterprise Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 49 days in FY26, up from 35 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹11.0 Cr. Customers take 53 days to pay, and stock sits for 18 days on average. At FY26 sales of ₹3,384 Cr, each day of that cycle ties up about ₹9.3 Cr, so roughly ₹454 Cr is tied up in the business at any time. FY26: customers took 53 days to pay and stock sat for 18 days, about 0.6 months of sales sitting as stock, for a full cycle of 49 days, longer than FY21's 35. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 18 days. Customers pay about 53 days after that. Suppliers are paid at 21 days. Together that makes the 49-day cycle. Over the last 3 years, money from selling assets was ₹11.0 Cr more than it spent on new ones. Work still in progress is ₹0.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Mangalam Global Enterprise's P/E ratio, and how does it compare with its own history? Mangalam Global Enterprise Ltd's P/E is 14.7×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 20.8×, over 6.9 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 Sep 2026 add up to ₹1.18. Why the multiple is where it is: over the past year earnings per share moved +95.7% while the price moved +19.3%. 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 +11.4% a year; about +52.6% a year came from earnings growth and about −41.2 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 low against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Mangalam Global Enterprise share price assume? Worked out from its price on 20 July 2026, Mangalam Global Enterprise Ltd's share price assumed profit growth of about 4.1% a year. Over the past 7 years its profit actually grew 56.0% a year. Today its P/E is 14.7×, lower than 81% of its own last 6.9 years. This is a one-day reading, taken on 20 July 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Mangalam Global Enterprise business getting better or worse? Mangalam Global Enterprise Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +95.8% at its peak to +8.2%, but the business is still expanding, with ROCE steady at 30.6%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## What is the Mangalam Global Enterprise story, and has it been checked? Mangalam Global Enterprise Ltd's story is not scored yet against the checks our research set on 14 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: OPM 1 to 3% structurally; single adverse season could push to loss-making territory

What is proven. See the research file

What is not proven yet. OPM 1 to 3% structurally; single adverse season could push to loss-making territory

What the surface reading misses. The surface reading is: OPM 1.46 to 2.27% appears thin, commodity business with weak profitability The research reads it further: OPM of 1 to 3% is the structural characteristic of a commodity agro processor-trader; the business model is high-volume low-margin by design (distributor/converter per why guards). OPM is currently at 78th %ile of its own 6.8-year history per cycle normalized.margin.opm percentile, suggesting margins are actually near-peak not trough. The inversion: surface reads 'bad business' but cycle context says margins are elevated vs own history. What the surface reading misses. The surface reading is: ROCE 17%, capital returns improving, attractive The research reads it further: ROCE at 17% is at the TOP of its 5-year observed band (7 to 17% per durability.inflection.annual detail). Through-cycle ROCE is 12% per cycle normalized.roe. Current 17% is 5pp above through-cycle, cyclicality flag=AT PEAK means returns are likely to mean-revert toward 12%. The naive 'high ROCE = quality' read is a cyclical peak read. Sources: our stock research file (14 June 2026) · quarterly results through Sep 2026. The story check is re-scored every results season; the record below never changes. ## How much does Mangalam Global Enterprise earn on its capital? Mangalam Global Enterprise Ltd earned a ROCE of 17% in FY26. That is up from a low of 7% in FY22. Its return on capital used (ROIC) is 0.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. Why this happened. ROCE improved from in FY22 to in FY26 per, a 10pp gain over 4 years despite rising borrowings. This suggests asset utilization and working capital turns are improving as the business scales. The through-cycle ROCE is 12% per cycle normalized; current 17% is above-cycle. It comes from a 1.3% net margin and 4.20× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 1.3% net margin × 4.20× asset turnover × 3.25× leverage (assets divided by equity) ≈ 17.7% 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: 11.9% − 12.0% = −0.1 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. ## Does Mangalam Global Enterprise have too much debt? Mangalam Global Enterprise Ltd has total debt of ₹294 Cr against shareholder equity of ₹267 Cr as of Sep 2026, so its debt is 1.10× its equity. Year by year, that ratio went from 1.71 in FY22 to 0.87 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Mangalam Global Enterprise shareholding pattern? Domestic institutions raised their stake in Mangalam Global Enterprise Ltd by 5.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 5.2% of the company. Promoters moved −3.2 points over the same period, to 68.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +5.2 points over 8 quarters, to 5.2%; Promoters: −3.2 points over 8 quarters, to 68.8%; Foreign institutions: +0.2 points over 8 quarters, to 0.2%. Why the owners changed: domestic institutions drove it (+5.2 points), with the other side taken by promoters (−3.2 points). They raised their stake step by step. ## How far is Mangalam Global Enterprise from balance-sheet trouble? For Mangalam Global Enterprise 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 Global Enterprise rank in its industry? 70.1 out of 100, rank 1 of 63 in Trading, with 93% of the evidence available. Mangalam Global Enterprise Ltd scores 70.1 out of 100 against the 63 companies it is compared with in Trading, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 22.5 + 14.6 + 15.8 + 17.2 = 70.1. 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 Global Enterprise compared with? Mangalam Global Enterprise ranks 1 of 63 Trading companies on the 4-Factor Sector Score, with 70.1 out of 100. 1. Mangalam Global Enterprise Ltd this page MGEL · turning · Most evidence points up · 93% evidence 70.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 44.2% · Profit 8.2% · Operating margin change 0.7 points · 100% evidence Capital efficiency 14.6/25 · ROCE 17% · Operating margin 2.3% · 100% evidence Valuation 15.8/20 · P/E 14.6× · PEG 0.31 · 65% evidence Relative strength 17.2/20 · Lead over its industry 12.9% · Lead over NIFTY 500 25.7% · 1 year 18.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 22.5 + 14.6 + 15.8 + 17.2 = 70.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Shankara Buildpro Ltd](https://www.sectoralpha.in/stocks/shankara-buildpro-ltd) BUILDPRO · quiet · Too little evidence to rank firmly · 59% evidence 64.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.0/43.75 · Revenue 26.3% · Profit 41.9% · Operating margin change -0.2 points · 88% evidence Capital efficiency 21.5/31.25 · ROCE 39% · Operating margin 3.2% · 100% evidence Valuation 13.4/25 · P/E 16× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 30 + 21.5 + 13.4 = 64.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Ivalue Infosolutions Ltd](https://www.sectoralpha.in/stocks/ivalue-infosolutions-ltd) IVALUE · quiet · Evidence leans up · 74% evidence 64.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.7/35 · Revenue 5.4% · Profit 22.1% · Operating margin change 5.6 points · 88% evidence Capital efficiency 19.8/25 · ROCE 25.4% · Operating margin 10% · 100% evidence Valuation 15.7/20 · P/E 10× · PEG 0.43 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.6% · 1 year -31.1% · 25% evidence · 3 of 12 weeks ahead Exact sum: 20.7 + 19.8 + 15.7 + 8.1 = 64.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Maxgrow India Ltd](https://www.sectoralpha.in/stocks/maxgrow-india-ltd) Too little evidence to rank firmly · 53% evidence 64.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 100% · Profit 100% · Operating margin change 0.8 points · 62% evidence Capital efficiency 16.4/25 · ROCE 23.5% · Operating margin 2.7% · 95% evidence Valuation 11.5/20 · P/E 1.2× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry n/a · Lead over NIFTY 500 136% · 1 year n/a · 25% evidence Exact sum: 23.9 + 16.4 + 11.5 + 12.4 = 64.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Nupur Recyclers Ltd](https://www.sectoralpha.in/stocks/nupur-recyclers-ltd) NRL · leader · Evidence leans up · 78% evidence 63.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 40.6% · Profit 29.8% · Operating margin change 3.6 points · 83% evidence Capital efficiency 15.3/25 · ROCE 15.1% · Operating margin 11.6% · 76% evidence Valuation 7.6/20 · P/E 64.4× · PEG n/a · 50% evidence Relative strength 19.9/20 · Lead over its industry 86.1% · Lead over NIFTY 500 100.5% · 1 year 134.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 15.3 + 7.6 + 19.9 = 63.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Arisinfra Solutions Ltd](https://www.sectoralpha.in/stocks/arisinfra-solutions-ltd) ARIS · breaking out · Too little evidence to rank firmly · 56% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 45.3% · Profit 100% · Operating margin change 2 points · 83% evidence Capital efficiency 13.5/25 · ROCE 15.6% · Operating margin 11% · 76% evidence Valuation 10.7/20 · P/E 17.2× · PEG n/a · 15% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 16.6% · 1 year -14.9% · 25% evidence · 11 of 12 weeks ahead Exact sum: 26.5 + 13.5 + 10.7 + 10.9 = 61.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Bhatia Communications & Retail (India) Ltd](https://www.sectoralpha.in/stocks/bhatia-communications-retail-indialtd) Evidence leans up · 68% evidence 60.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.7/35 · Revenue 49% · Profit 45.5% · Operating margin change 0.3 points · 83% evidence Capital efficiency 18.4/25 · ROCE 21.3% · Operating margin 5.3% · 95% evidence Valuation 9.2/20 · P/E 22.8× · PEG n/a · 50% evidence Relative strength 11.5/20 · Lead over its industry n/a · Lead over NIFTY 500 30.1% · 1 year n/a · 25% evidence Exact sum: 21.7 + 18.4 + 9.2 + 11.5 = 60.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [DC Infotech & Communication Ltd](https://www.sectoralpha.in/stocks/dc-infotech-communication-ltd) DCI · breaking out · Evidence leans up · 81% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 29.1% · Profit 41.9% · Operating margin change 0.4 points · 88% evidence Capital efficiency 16.5/25 · ROCE 23% · Operating margin 4.8% · 100% evidence Valuation 13.4/20 · P/E 24.6× · PEG 0.82 · 100% evidence Relative strength 11.1/20 · Lead over its industry n/a · Lead over NIFTY 500 20.1% · 1 year n/a · 25% evidence · 6 of 6 weeks ahead Exact sum: 19.3 + 16.5 + 13.4 + 11.1 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [SG Mart Ltd](https://www.sectoralpha.in/stocks/sg-mart-ltd) SGMART · leader · Evidence leans up · 93% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 9.7% · Profit 26.7% · Operating margin change 3 points · 100% evidence Capital efficiency 11.6/25 · ROCE 10.2% · Operating margin 4.6% · 100% evidence Valuation 7.9/20 · P/E 71.1× · PEG 1.81 · 65% evidence Relative strength 18.3/20 · Lead over its industry 47.1% · Lead over NIFTY 500 60.5% · 1 year 146.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.3 + 11.6 + 7.9 + 18.3 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Tembo Global Industries Ltd](https://www.sectoralpha.in/stocks/tembo-global-industries-ltd) TEMBO · losing its lead · Evidence leans up · 71% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 34% · Profit 55.7% · Operating margin change 5 points · 83% evidence Capital efficiency 19.6/25 · ROCE 22.8% · Operating margin 16% · 76% evidence Valuation 11.2/20 · P/E 9.3× · PEG n/a · 15% evidence Relative strength 7.0/20 · Lead over its industry -19.2% · Lead over NIFTY 500 -8.7% · 1 year -20.8% · 100% evidence · 3 of 12 weeks ahead Exact sum: 21.6 + 19.6 + 11.2 + 7 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Rashi Peripherals Ltd](https://www.sectoralpha.in/stocks/rashi-peripherals-ltd) RPTECH · losing its lead · Evidence leans up · 78% evidence 59.3 out of 100 Growth Capital Valuation Relative
12. [Sudarshan Pharma Industries Ltd](https://www.sectoralpha.in/stocks/sudarshan-pharma-industries-ltd) SUDARSHAN · turning · Evidence leans up · 85% evidence 58.7 out of 100 Growth Capital Valuation Relative
13. [Singer India Ltd](https://www.sectoralpha.in/stocks/singer-india-ltd) SINGERIND · Evidence leans up · 61% evidence 58.0 out of 100 Growth Capital Valuation Relative
14. [Euro Pratik Sales Ltd](https://www.sectoralpha.in/stocks/euro-pratik-sales-ltd) EUROPRATIK · quiet · Evidence leans up · 64% evidence 57.5 out of 100 Growth Capital Valuation Relative
15. [Pramara Promotions Ltd](https://www.sectoralpha.in/stocks/pramara-promotions-ltd) PRAMARA · Too little evidence to rank firmly · 52% evidence 54.6 out of 100 Growth Capital Valuation Relative
16. [State Trading Corporation of India Ltd](https://www.sectoralpha.in/stocks/state-trading-corporation-of-india-ltd) STCINDIA · quiet · Too little evidence to rank firmly · 57% evidence 53.4 out of 100 Growth Capital Valuation Relative
17. [Patel Retail Ltd](https://www.sectoralpha.in/stocks/patel-retail-ltd) PATELRMART · turning · Evidence leans up · 64% evidence 53.2 out of 100 Growth Capital Valuation Relative
18. [Yogi Ltd](https://www.sectoralpha.in/stocks/yogi-ltd) YOGI · quiet · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative
19. [Transchem Ltd](https://www.sectoralpha.in/stocks/transchem-ltd) TRANSCHEM · Too little evidence to rank firmly · 52% evidence 51.0 out of 100 Growth Capital Valuation Relative
20. [Prostarm Info Systems Ltd](https://www.sectoralpha.in/stocks/prostarm-info-systems-ltd) PROSTARM · breaking out · Evidence leans up · 64% evidence 50.8 out of 100 Growth Capital Valuation Relative
21. [Dhunseri Ventures Ltd](https://www.sectoralpha.in/stocks/dhunseri-ventures-ltd) DVL · breaking out · Evidence leans up · 78% evidence 50.6 out of 100 Growth Capital Valuation Relative
22. Bizotic Commercial Ltd losing its lead · Evidence leans up · 63% evidence 50.5 out of 100 Growth Capital Valuation Relative
23. BMW Ventures Ltd BMW · Too little evidence to rank firmly · 51% evidence 50.2 out of 100 Growth Capital Valuation Relative
24. [Cropster Agro Ltd](https://www.sectoralpha.in/stocks/cropster-agro-ltd) quiet · Evidence leans down · 65% evidence 49.1 out of 100 Growth Capital Valuation Relative
25. [MMTC Ltd](https://www.sectoralpha.in/stocks/mmtc-ltd) MMTC · quiet · Evidence leans down · 92% evidence 47.2 out of 100 Growth Capital Valuation Relative
26. [Shiv Aum Steels Ltd](https://www.sectoralpha.in/stocks/shiv-aum-steels-ltd) SHIVAUM · breaking out · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative
27. [Blue Pearl Agriventures Ltd](https://www.sectoralpha.in/stocks/blue-pearl-agriventures-ltd) BPAGRI · Too little evidence to rank firmly · 51% evidence 43.8 out of 100 Growth Capital Valuation Relative
28. [Lloyds Enterprises Ltd](https://www.sectoralpha.in/stocks/lloyds-enterprises-ltd) LLOYDSENT · quiet · Evidence leans down · 71% evidence 43.1 out of 100 Growth Capital Valuation Relative
29. [Hexa Tradex Ltd](https://www.sectoralpha.in/stocks/hexa-tradex-ltd) HEXATRADEX · breaking out · Evidence leans down · 64% evidence 39.9 out of 100 Growth Capital Valuation Relative
30. [Shanti Overseas (India) Ltd](https://www.sectoralpha.in/stocks/shanti-overseas-indialtd) SHANTI · Evidence leans down · 61% evidence 39.3 out of 100 Growth Capital Valuation Relative
31. [Riddhi Siddhi Gluco Biols Ltd](https://www.sectoralpha.in/stocks/riddhi-siddhi-gluco-biols-ltd) turning · Evidence leans down · 83% evidence 38.9 out of 100 Growth Capital Valuation Relative
32. [Hardwyn India Ltd](https://www.sectoralpha.in/stocks/hardwyn-india-ltd) HARDWYN · basing · Evidence leans down · 86% evidence 38.8 out of 100 Growth Capital Valuation Relative
33. [Adani Enterprises Ltd](https://www.sectoralpha.in/stocks/adani-enterprises-ltd) ADANIENT · quiet · Evidence leans down · 93% evidence 38.1 out of 100 Growth Capital Valuation Relative
34. [PTC India Ltd](https://www.sectoralpha.in/stocks/ptc-india-ltd) PTC · quiet · Evidence leans down · 78% evidence 37.4 out of 100 Growth Capital Valuation Relative
35. [Le Merite Exports Ltd](https://www.sectoralpha.in/stocks/le-merite-exports-ltd) LEMERITE · Too little evidence to rank firmly · 59% evidence 36.8 out of 100 Growth Capital Valuation Relative
36. [Fabtech Technologies Ltd](https://www.sectoralpha.in/stocks/fabtech-technologies-ltd) FABTECH · quiet · Evidence leans down · 68% evidence 36.7 out of 100 Growth Capital Valuation Relative
37. [Uniphos Enterprises Ltd](https://www.sectoralpha.in/stocks/uniphos-enterprises-ltd) UNIENTER · turning · Too little evidence to rank firmly · 59% evidence 35.7 out of 100 Growth Capital Valuation Relative
38. Manbro Industries Ltd Too little evidence to rank firmly · 57% evidence 35.3 out of 100 Growth Capital Valuation Relative
39. Shah Foods Ltd quiet · Too little evidence to rank firmly · 53% evidence 35.3 out of 100 Growth Capital Valuation Relative
40. [BN Agrochem Ltd](https://www.sectoralpha.in/stocks/bn-agrochem-ltd) BNAGROCHEM · quiet · Most evidence points down · 64% evidence 34.1 out of 100 Growth Capital Valuation Relative
41. [Neueon Corporation Ltd](https://www.sectoralpha.in/stocks/neueon-corporation-ltd) NEUEON · quiet · Too little evidence to rank firmly · 56% evidence 33.3 out of 100 Growth Capital Valuation Relative
42. [Kothari Industrial Corporation Ltd](https://www.sectoralpha.in/stocks/kothari-industrial-corporation-ltd) KOTIC · quiet · Too little evidence to rank firmly · 53% evidence 32.9 out of 100 Growth Capital Valuation Relative
43. [Oswal Agro Mills Ltd](https://www.sectoralpha.in/stocks/oswal-agro-mills-ltd) OSWALAGRO · Too little evidence to rank firmly · 52% evidence 28.6 out of 100 Growth Capital Valuation Relative
44. [Susan Electricals India Ltd](https://www.sectoralpha.in/stocks/susan-electricals-india-ltd) quiet · Too little evidence to rank firmly · 36% evidence 61.2 out of 100 Growth Capital Valuation Relative
45. [Magnus Steel & Infra Ltd](https://www.sectoralpha.in/stocks/magnus-steel-infra-ltd) Too little evidence to rank firmly · 40% evidence 61.1 out of 100 Growth Capital Valuation Relative
46. [Vision Infra Equipment Solutions Ltd](https://www.sectoralpha.in/stocks/vision-infra-equipment-solutions-ltd) VIESL · breaking out · Too little evidence to rank firmly · 47% evidence 58.5 out of 100 Growth Capital Valuation Relative
47. [Q-Line Biotech Ltd](https://www.sectoralpha.in/stocks/q-line-biotech-ltd) QLINE · losing its lead · Too little evidence to rank firmly · 21% evidence 57.8 out of 100 Growth Capital Valuation Relative
48. Aayush Art and Bullion Ltd breaking out · Too little evidence to rank firmly · 48% evidence 57.1 out of 100 Growth Capital Valuation Relative
49. [HP Telecom India Ltd](https://www.sectoralpha.in/stocks/hp-telecom-india-ltd) HPTL · Too little evidence to rank firmly · 32% evidence 57.1 out of 100 Growth Capital Valuation Relative
50. [SK Minerals & Additives Ltd](https://www.sectoralpha.in/stocks/sk-minerals-additives-ltd) quiet · Too little evidence to rank firmly · 43% evidence 55.9 out of 100 Growth Capital Valuation Relative
51. [Aptus Pharma Ltd](https://www.sectoralpha.in/stocks/aptus-pharma-ltd) Too little evidence to rank firmly · 41% evidence 55.6 out of 100 Growth Capital Valuation Relative
52. [Mardia Samyoung Capillary Tubes Company Ltd](https://www.sectoralpha.in/stocks/mardia-samyoung-capillary-tubes-company-ltd) MSCTC · Too little evidence to rank firmly · 26% evidence 55.3 out of 100 Growth Capital Valuation Relative
53. [Proventus Agrocom Ltd](https://www.sectoralpha.in/stocks/proventus-agrocom-ltd) PROV · breaking out · Too little evidence to rank firmly · 39% evidence 54.1 out of 100 Growth Capital Valuation Relative
54. [Pervasive Commodities Ltd](https://www.sectoralpha.in/stocks/pervasive-commodities-ltd) breaking out · Too little evidence to rank firmly · 48% evidence 51.8 out of 100 Growth Capital Valuation Relative
55. [Monika Alcobev Ltd](https://www.sectoralpha.in/stocks/monika-alcobev-ltd) MONIKA · Too little evidence to rank firmly · 27% evidence 49.9 out of 100 Growth Capital Valuation Relative
56. [Onix Solar Energy Ltd](https://www.sectoralpha.in/stocks/onix-solar-energy-ltd) ONIXSOLAR · quiet · Too little evidence to rank firmly · 47% evidence 45.8 out of 100 Growth Capital Valuation Relative
57. Arvaya Healthcare Ltd ARVAYA · quiet · Too little evidence to rank firmly · 46% evidence 45.4 out of 100 Growth Capital Valuation Relative
58. [A-1 Ltd](https://www.sectoralpha.in/stocks/a-1-ltd) A1L · Too little evidence to rank firmly · 33% evidence 45.3 out of 100 Growth Capital Valuation Relative
59. [Satani Bearings Ltd](https://www.sectoralpha.in/stocks/satani-bearings-ltd) breaking out · Too little evidence to rank firmly · 42% evidence 42.9 out of 100 Growth Capital Valuation Relative
60. [Keto Motors Ltd](https://www.sectoralpha.in/stocks/keto-motors-ltd) quiet · Too little evidence to rank firmly · 42% evidence 40.9 out of 100 Growth Capital Valuation Relative
61. [Aerpace Industries Ltd](https://www.sectoralpha.in/stocks/aerpace-industries-ltd) breaking out · Too little evidence to rank firmly · 36% evidence 37.9 out of 100 Growth Capital Valuation Relative
62. [Prabhatam Infra Venture Ltd](https://www.sectoralpha.in/stocks/prabhatam-infra-venture-ltd) PRABHATAM · Too little evidence to rank firmly · 22% evidence 36.8 out of 100 Growth Capital Valuation Relative
63. [RRP Semiconductor Ltd](https://www.sectoralpha.in/stocks/rrp-semiconductor-ltd) RRP · Too little evidence to rank firmly · 42% evidence 34.0 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: [Trading](https://www.sectoralpha.in/sectors/trading), all 63 compared on one page. ## Which companies are close to Mangalam Global Enterprise in size? Mangalam Global Enterprise is the 43rd largest of 59 Trading companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Prabhatam Infra Venture, Satani Bearings and Aerpace Industries. Just below it: Fabtech Technologies, DC Infotech & Communication and Blue Pearl Agriventures. ### Trading companies close in size

1. [Prabhatam Infra Venture Ltd](https://www.sectoralpha.in/stocks/prabhatam-infra-venture-ltd) ₹585 crore
2. [Satani Bearings Ltd](https://www.sectoralpha.in/stocks/satani-bearings-ltd) ₹582 crore
3. [Aerpace Industries Ltd](https://www.sectoralpha.in/stocks/aerpace-industries-ltd) ₹579 crore
4. Mangalam Global Enterprise Ltd ₹560 crore
5. [Fabtech Technologies Ltd](https://www.sectoralpha.in/stocks/fabtech-technologies-ltd) ₹551 crore
6. [DC Infotech & Communication Ltd](https://www.sectoralpha.in/stocks/dc-infotech-communication-ltd) ₹541 crore
7. [Blue Pearl Agriventures Ltd](https://www.sectoralpha.in/stocks/blue-pearl-agriventures-ltd) ₹539 crore

[All 59 Trading companies, largest first](https://www.sectoralpha.in/sectors/trading#all-companies)

### Companies close in size in other industries

1. [Fratelli Vineyards Ltd](https://www.sectoralpha.in/stocks/fratelli-vineyards-ltd) ₹561 crore · Alcoholic Beverages
2. [KSE Ltd](https://www.sectoralpha.in/stocks/kse-ltd) ₹561 crore · FMCG - Animal/Polutry
3. Mangalam Global Enterprise Ltd ₹560 crore
4. [TIPCO Engineering India Ltd](https://www.sectoralpha.in/stocks/tipco-engineering-india-ltd) ₹560 crore · Engineering - Heavy - General
5. [Aries Agro Ltd](https://www.sectoralpha.in/stocks/aries-agro-ltd) ₹559 crore · Fertilizers - Phosphatic - Single Super Phosphate

## What else do people ask about Mangalam Global Enterprise? ### What is Mangalam Global Enterprise's share price today? Mangalam Global Enterprise Ltd's share price is ₹17.09, +19.3% over the past year. The whole company is worth ₹563 Cr on the market. It is at its highest price of the past 52 weeks (range ₹10 to ₹17), 13.9% above its 200-day average. The price has been rising for 21 weeks (as of 3 November 2026). ### What were Mangalam Global Enterprise's latest quarterly results? Mangalam Global Enterprise Ltd reported revenue of ₹983 Cr and net profit of ₹9.3 Cr for the Sep 2026 quarter. Revenue rose 39.2% and profit fell 48.0% compared with a year earlier. Earnings per share were ₹0.28. The operating margin was 2.3%, 0.7 percentage points higher than a year earlier (as of 3 November 2026). ### What is Mangalam Global Enterprise's market cap? Mangalam Global Enterprise Ltd's market capitalisation is ₹563 Cr at a share price of ₹17.09. 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 Global Enterprise performing? Mangalam Global Enterprise Ltd's share price has been rising for 21 weeks. In its latest quarter, revenue rose 39.2% and profit fell 48.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 5 weeks running (as of 3 November 2026). ### Will Mangalam Global Enterprise's share price go up? This page does not forecast Mangalam Global Enterprise Ltd's share price. What it shows instead: the share price is ₹17.09, and it has been rising for 21 weeks. Its P/E of 14.7× is higher than 19% of its own last 7 years (as of 3 November 2026). ### Who owns Mangalam Global Enterprise? Promoters own 68.8% of Mangalam Global Enterprise Ltd, foreign institutions 0.2%, domestic institutions 5.2% and the public 25.9% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 5.2 percentage points over 8 quarters (as of 3 November 2026). ### Does Mangalam Global Enterprise have too much debt? Mangalam Global Enterprise Ltd has a moderate amount of debt: its debt is 0.87× its equity, and its operating profit is 2 times its interest bill. FY26 borrowings were ₹215 Cr against equity of ₹248 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Mangalam Global Enterprise in its business cycle? Mangalam Global Enterprise Ltd's FY26 operating margin was 1.8%, against a 8-year range of 0.9% to 2.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 2.3%. 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 Global Enterprise story? The main question: profits are rising, but only 53% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. 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 Global Enterprise a stock worth studying right now? What the numbers show: Mangalam Global Enterprise Ltd's results are improving, while its P/E is near the low end of its own history over 6.9 years, higher than only 19% of past readings. The main open question: whether the cash starts to follow the profit. 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). ### Is there a Mangalam Global Enterprise share price forecast for 2026? What would change the story: Operating margin 1 to 3% structurally; single adverse season could push to loss-making territory. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

This is research, not advice. We’re not SEBI-registered.