| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 455 | 452 | +0.8% |
| EBITDA | 53.4 | 75.2 | −29.0% |
| EBITDA margin | 11.7% | 16.6% | −4.9 pts |
| Profit before tax | 23.6 | 49.1 | −51.9% |
| Net profit | 18.1 | 32.3 | −44.0% |
| EPS | ₹6.57 | ₹11.73 | −44.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,469 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 74.7 | 74.7 | 117 | 119 | 129 | ||
| 870 | 870 | 615 | 599 | 612 | ||
| 3,264 | — | — | — | — | ||
| 1,762 | 1,758 | 1,681 | 1,725 | 1,802 | ||
| — | +4.6% | −2.6% | −4.2% | — | ||
| 195 | 217 | 157 | 202 | 148 | ||
| 11.1% | 12.3% | 9.4% | 11.7% | 8.2% | ||
| 112 | 136 | 78.8 | 128 | 78.4 | ||
| 115 | 129 | 45.1 | 59.7 | 17.1 | ||
| 6.5% | 7.3% | 2.7% | 3.5% | 1.0% | ||
| ₹41.74 | ₹46.90 | ₹16.39 | ₹21.72 | ₹6.23 | ||
| — | +186.2% | −24.5% | +248.8% | — | ||
| — | 94.0 | 188 | 182 | 139 | ||
| — | −348 | −125 | −98.7 | −127 | ||
| −254 | −254 | 62.2 | 83.7 | 11.5 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,469.4 | |
| - Cash, Equiv & ST Investments | 128.8 | 119.3 | 117.2 | 74.7 | 74.7 | |
| + Total Debt | 611.5 | 599.4 | 614.9 | 869.6 | 869.6 | |
| Enterprise Value | — | — | — | — | 3,264.3 | |
| Revenue | 1,801.6 | 1,725.5 | 1,681.0 | 1,758.4 | 1,761.9 | |
| Growth %, YoY | — | -4.2 | -2.6 | +4.6 | — | |
| EBITDA | 147.9 | 202.4 | 157.4 | 216.9 | 195.1 | |
| Margin % | 8.21 | 11.73 | 9.37 | 12.33 | 11.07 | |
| EBIT | 78.4 | 128.2 | 78.8 | 136.0 | 112.3 | |
| Net Income | 17.1 | 59.7 | 45.1 | 129.0 | 114.8 | |
| Margin % | 0.95 | 3.46 | 2.68 | 7.33 | 6.51 | |
| EPS, Adj (current shares) | 6.23 | 21.72 | 16.39 | 46.90 | 41.74 | |
| Growth %, YoY | — | +248.8 | -24.5 | +186.2 | — | |
| Cash from Operations | 138.6 | 182.5 | 187.6 | 94.0 | — | |
| Capital Expenditures | -127.2 | -98.7 | -125.4 | -348.2 | — | |
| Free Cash Flow | 11.5 | 83.7 | 62.2 | -254.2 | -254.2 | |
Prices at the previous close · figures from the company's filings with NSE
Mangalam Cement (NSE: MANGLMCEM) had a market capitalisation of ₹2,469 crore at the previous close (₹898.05 a share), a PE ratio of 21.5 on the last four quarters' profit and a price-to-book ratio of 2.53. In FY26 its consolidated net profit was ₹129 crore on revenue of ₹1,758 crore; in Q1 FY27 (April–June 2026) it was ₹18.1 crore, down 44.0% year on year. Its debt-to-equity ratio was 0.89 on 31 March 2026. Promoters held 40.00% of the shares on 30 September 2026.
Mangalam Cement's PE ratio is 21.5 at the previous close (₹898.05 a share): a market capitalisation of ₹2,469 crore divided by consolidated net profit of ₹115 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹129 crore) it is 19.1.
Mangalam Cement's debt-to-equity ratio was 0.89 on 31 March 2026: borrowings of ₹870 crore against total equity of ₹977 crore. A year earlier, on 31 March 2025, it was 0.72.
Mangalam Cement's net worth — shareholders' equity in its consolidated balance sheet — was ₹977 crore on 31 March 2026, up 14.7% from ₹852 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,469 crore at the previous close.
Mangalam Cement's price-to-book (PB) ratio is 2.53 at the previous close: a market capitalisation of ₹2,469 crore divided by shareholders' equity (book value) of ₹977 crore on 31 March 2026. That is a book value of ₹355.41 per share against a share price of ₹898.05.
In FY26, Mangalam Cement's return on equity (ROE) was 14.1% and its return on capital employed (ROCE) was 10.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 5.4% and ROCE 6.3%.
Mangalam Cement's book value per share was ₹355.41 on 31 March 2026: shareholders' equity of ₹977 crore divided by the 2.75 crore shares in issue, up 14.7% from ₹309.81 a year earlier. The share price at the previous close was ₹898.05.
Mangalam Cement's market capitalisation was ₹2,469 crore at the previous close: 2.75 crore shares at ₹898.05 each.
Mangalam Cement's basic earnings per share (EPS) were ₹46.90 in FY26, against ₹16.39 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹41.73.
In 2026, Mangalam Cement has declared one dividend: ₹1.50 with record date 14 August 2026.
No. Mangalam Cement had borrowings of ₹870 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.89. Its cash and current investments were ₹228 crore, so its net debt was ₹641 crore.
Mangalam Cement's dividend yield is 0.17% at the previous close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹898.05. They were ₹1.50 on 14 August 2026.
Promoters held 40.00% of Mangalam Cement on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Mangalam Cement's shares were held by promoters 40.00%, foreign portfolio investors (FII/FPI) 5.58%, domestic institutions (DII) 4.83% (including mutual funds at 4.21%) and retail and other non-institutional investors 49.59%. Over the year, FII holding was down 0.50 percentage points from 6.08% and DII holding was down 2.12 percentage points from 6.95%.
Mangalam Cement's latest results are for Q1 FY27 (April–June 2026), filed on 8 August 2026: consolidated net profit ₹18.1 crore, down 44.0% from ₹32.3 crore in Q1 FY26; revenue from operations ₹455 crore, up 0.8% year on year.
In FY26, Mangalam Cement earned net profit of ₹129 crore on revenue of ₹1,758 crore, against ₹134 crore on ₹2,330 crore for HeidelbergCement India. Mangalam Cement's operating margin was 7.7% (HeidelbergCement India 7.6%) and its return on equity 14.1% (HeidelbergCement India 9.7%).
In FY26, Mangalam Cement generated ₹94 crore of cash from operations and spent ₹348 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹254 crore. In FY25 it was ₹62.2 crore.
In FY26 (April 2025–March 2026), Mangalam Cement's consolidated net profit was ₹129 crore, up 186.2% from ₹45.1 crore in FY25, on revenue from operations of ₹1,758 crore (up 4.6%). Over three years, from FY23, net profit was up 653.1%.
Mangalam Cement will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against HeidelbergCement India, KCP and Sagar Cements: Mangalam Cement's operating margin of 7.7% is the second highest of the four (HeidelbergCement India 7.6%, KCP 10.0%, Sagar Cements 2.0%; peer average 6.5%); its return on equity of 14.1% is the highest of the four (HeidelbergCement India 9.7%, KCP 11.9%, Sagar Cements −0.7%; peer average 7.0%); its revenue growth over three years of −0.8% a year is the lowest of the four (HeidelbergCement India 1.3% a year, KCP 4.6% a year, Sagar Cements 5.9% a year; peer average 3.9% a year).
From Mangalam Cement's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.