Mangalam Worldwide Ltd.
39.50
INR
+1.24
(+3.24%)
ISIN
INE0JYY01029
Return %
Stock
S&P 500
1Y
64.08
14.20
3Y
240.52
81.12
5Y
- -
68.34
Capital Structure
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INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Vipin Prakash O. Mangal
- Full Time Employees
- 509
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- 102, Mangalam Corporate House Ahmedabad India 380009
- IPO Date
- Jul 12, 2022
- Website
- mangalamworldwide.com
- Similar Companies
- Business
- Mangalam Worldwide Ltd Mangalam Worldwide Limited (MWL.NS), incorporated in 1995 and headquartered in Ahmedabad, Gujarat, India, manufactures and sells stainless steel products as a fully integrated producer from scrap melting to finished goods, with facilities in Halol, Changodar, and Kapadvanj boasting a combined annual capacity of 180,000 metric tons; it operates under the Mangalam Saarloh brand for long products including continuous cast billets, forging quality ingots, hot-rolled round bars, bright round bars (centerless ground and polished from 5mm to 100mm), forged and proof machined bars, round corner square bars, square and hexagonal bright bars, and hot finish mother hollows, and under the Mangalam Tubicore brand for tubular products such as seamless pipes and tubes (1/4” to 6” in ASTM, ASME, DIN EN, JIS, Norsok, and GOST specifications), welded pipes and tubes, hydraulic and instrumentation tubes, and heat exchanger tubes and U-tubes, spanning Austenitic, Ferritic, Martensitic, Duplex, Super Duplex, and high alloy grades for industries including oil and gas, petrochemicals, power plants, pharmaceuticals, automobiles, aerospace, defense, nuclear, dairy, fertilizers, breweries, infrastructure, chemical, food and beverage, paper and pulp, and marine; it also trades steel scrap, ferro alloys, steel chemicals, and other merchandise while providing consultancy services and serving customers primarily in India (Rajasthan, Gujarat, Maharashtra, Uttar Pradesh) with exports including to Brazil. The company, promoted by the Ahmedabad-based Mangalam Group and certified under ISO-9001:2015, ISO-14001:2015, and ISO 45001:2018, emphasizes quality with full traceability via mill test certificates, state-of-the-art European technology, and in-house production. Recent developments include the incorporation of wholly owned subsidiary MWL Multicomm Private Limited on January 1, 2025, as a trader and distributor of commodities; installation and commissioning of a 1200KWp rooftop solar power plant at its Kapadvanj unit in March 2025; conversion of convertible warrants into equity shares (15 million in May 2025 and 37 million earlier); a contract with Strategic Growth Advisors Private Limited in July 2025; strong financial performance with Q2 FY26 total income at ₹318.52 crore and PAT up 52% YoY to ₹10.53 crore as of October 2025; and ongoing trading window closures and board approvals for dividends, auditors, and results.