Mangalam Worldwide Limited — Important, 28-06-2025: Updates

Mangalam Worldwide Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company complied with Main Board listing requirements due to paid-up capital exceeding Rs. 25 Cr and voluntarily adopted IND-AS since FY24. It faced a Rs. 1.3 lakh penalty for delayed half-yearly filing but has submitted the half-year figures based on audited quarterly/yearly results and requested withdrawal of the penalty. The company increased paid-up capital to Rs. 29.7 Cr through conversion of 52 lakh convertible warrants; NSE listing approval is pending. A scheme to amalgamate Mangalam Saarloh Pvt Ltd into the company is under regulatory review.

For FY25, revenue reached Rs. 1060.70 Cr with a consolidated net profit of Rs. 29.53 Cr, up from Rs. 818.11 Cr revenue and Rs. 22.98 Cr profit in the prior year. Earnings per share stood at Rs. 10.59. Operating cash flows were negative due to higher working capital needs, with sustained investments in assets. The company received a SEBI show cause notice related to a subsidiary but is pursuing compliance and settlement.