| ₹ 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 30 October 2026 close · figures from the company's filings with NSE
Mangalam Cement (NSE: MANGLMCEM) had a market capitalisation of ₹2,413 crore at the 30 October 2026 close (₹877.65 a share), a PE ratio of 21.0 on the last four quarters' profit and a price-to-book ratio of 2.47. 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 21.0 at the 30 October 2026 close (₹877.65 a share): a market capitalisation of ₹2,413 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 18.7.
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 ₹2,413 crore at the 30 October 2026 close.
Mangalam Cement's price-to-book (PB) ratio is 2.47 at the 30 October 2026 close: a market capitalisation of ₹2,413 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 ₹877.65.
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 30 October 2026 close was ₹877.65.
Mangalam Cement's market capitalisation was ₹2,413 crore at the 30 October 2026 close: 2.75 crore shares at ₹877.65 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 30 October 2026 close: dividends of ₹1.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹877.65. 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 (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%.
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.
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.
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%). At the 30 October 2026 close, Mangalam Cement's market capitalisation was ₹2,413 crore against ₹2,741 crore for HeidelbergCement India, and its PE ratio on FY26 profit 18.7 against 20.5.
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, and NSE prices (the latest used here: the 30 October 2026 close). 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.