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Mangalam Cement Limited

Mangalam Cement Limited

MANGLMCEM.NS
Mangalam Cement LimitedIN flagNational Stock Exchange of India
964.55
INR
+19.95
- -
26.52BMarket Cap
Mangalam Cement Limited
MANGLMCEM.NS
(National Stock Exchange of India)

Recent

price

964.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
185.86
236.3
264.5
261.22
345.34
315.34
337.49
404.46
447.69
458.64
472.52
568.7
651.76
627.18
611.4
- -
639.47
Revenue per Share
14.33
20.97
28.98
11.09
6.71
-8.04
13.72
4.26
-3.65
28.43
33.99
28.26
6.23
21.72
16.39
- -
46.89
Basic EPS, GAAP
-18.49
15.4
-41.29
-62.8
-1.63
3.19
27.15
24.96
-6.77
18.23
56.52
23.28
4.18
30.44
22.63
- -
- -
Free Cash Flow per Basic Share
6.95
6.92
6.93
6.97
3.51
2.42
0.66
0.9
0.6
0.6
0.97
1.46
1.5
1.5
1.5
- -
- -
Dividend per Share
126.57
138.33
157.29
163.75
162.45
152
165.12
168.56
164.31
190.7
211.89
238.94
244.06
264.18
278.75
- -
10
Book Value per Share
143.28
157.58
179.53
185.58
184.13
173.69
187.99
188.66
184.85
212.48
242.82
269.9
275.01
295.16
309.84
- -
352.13
Tangible Book Value per Share
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
- -
27
Basic Weighted Avg Shares
4,961
6,308
7,060
6,973
9,218
8,418
9,009
10,797
11,951
12,243
12,993
15,638
17,922
17,246
16,810
17,584
17,584
Sales/Revenue/Turnover
8.78
11.31
14.94
4
6.19
1.85
8.9
3.9
0.96
12.32
14.11
10.03
4.61
7.56
4.69
7.74
7.74
Operating Margin (%)
275
320
251
277
336
367
403
442
461
487
629
623
695
742
786
809
809
Depreciation Expense
382
560
774
296
179
-215
366
114
-97
759
935
777
171
597
451
1,290
1,290
Net Income, GAAP
7.56
25.29
28.24
- -
5.62
- -
27.42
39.96
- -
35.2
32.24
34.75
38.23
39.75
35.61
- -
61.43
Effective Tax Rate (%)
7.71
8.88
10.96
4.25
1.94
-2.55
4.07
1.05
-0.81
6.2
7.19
4.97
0.96
3.46
2.68
7.33
7.33
Profit Margin (%)
1,292
1,465
2,011
1,405
852
-182
-895
-950
-638
-111
313
257
-1,099
-1,271
-1,643
-2,751
-2,751
Working Capital
135
- -
2,110
3,435
2,969
2,805
2,280
1,885
2,918
3,494
4,173
3,663
2,986
2,506
2,053
2,913
2,913
LT Debt
3,947
4,323
4,923
5,070
5,007
4,732
5,060
5,150
5,035
5,759
6,678
7,422
7,562
8,116
8,519
9,773
9,773
Total Equity
10
12.68
13.33
- -
6.13
- -
6.47
2.83
- -
8.93
9.96
7.56
3.7
5.6
3.48
- -
- -
Return on Invested Capital (%)
11.78
16.18
15.47
- -
6.01
- -
7.55
3.7
- -
10.52
11.45
8.73
3.26
6.8
6.58
- -
- -
Return on Capital (%)
11.59
15.84
19.61
6.91
4.12
-5.11
8.66
2.56
-2.19
16.02
17.12
12.54
2.58
8.55
6.04
32.49
32.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
4,842
- -
5,972
LT Borrowings
2,324
- -
2,753
LT Finance Leases
175
- -
160
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
- -
27
Market Capitalization
20,532
21,120
21,083

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,890
- -
7,159
Cash, Cash Equivalents & STI
2,177
- -
2,381
Accounts Receivable, Net
370
- -
374
Inventories
3,652
- -
3,187
Total Current Liabilities
9,825
- -
9,910
Payables & Accruals
- -
- -
- -
ST Debt
4,842
- -
5,972
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.69%
8.01%
14.72%
Free Cash Flow
41.96%
-9.19%
-508.55%
Net Income, GAAP
-106.6%
63.11%
186.15%
Sales/Revenue/Turnover
7.94%
6.65%
4.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,205
4,282
4,394
4,373
17,246
2025
3,806
3,591
4,384
5,029
16,810
2026
4,517
3,949
4,214
4,904
17,584

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.34
4.29
5.8
- -
21.72
2025
6.21
1.19
2.84
6.15
16.39
2026
11.73
7.31
4.13
23.72
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -
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Business
Mangalam Cement Limited manufactures and markets cement under the Birla Uttam brand, including Portland Pozzolana Cement (PPC), 43-grade Ordinary Portland Cement (OPC), 53-grade OPC and Mangalam ProMaxX; the company operates integrated cement plants and grinding units using dry process technology with an installed capacity of 4 million tonnes per annum (MTPA) clinker and cement, supported by captive thermal power plants totaling 35 megawatts (MW), 13.65-MW wind power capacity at Jaisalmer, Rajasthan and an 11-MW waste heat recovery plant. Incorporated on October 27, 1976 and promoted by entities including Kesoram Industries & Cotton Mills Ltd. as part of the B.K. Birla Group, Mangalam Cement maintains its headquarters and primary manufacturing facilities at Adityanagar, Morak in Kota district, Rajasthan, with a grinding unit at Aligarh, Uttar Pradesh to serve markets in Rajasthan, Uttar Pradesh and Madhya Pradesh. The company sources limestone primarily from captive mines at Morak and Gagrana in Nagaur, Rajasthan holding approximately 152 million tonnes of proven reserves, and focuses operations on quality enhancement, environmental compliance under ISO 9001:2015, 14001:2015, 45001:2018 and 50001:2018 certifications alongside sustainability initiatives like green belt development and renewable energy integration. In recent developments, Mangalam Cement reports robust financial performance with Q2 FY26 sales of INR 395 crore up 10 percent year-over-year, EBITDA of INR 42.7 crore up 42 percent and net profit of INR 20.1 crore up 513 percent alongside a market capitalization exceeding INR 2,000 crore, reflecting improved operating margins to 10.81 percent through cost controls and realizations amid capacity expansions from prior upgrades including a 0.5-MTPA kiln enhancement in 2013 and 1.25-MTPA cement mill addition in 2014 that elevated total output to 3.25 MTPA before further optimizations.