Mangalam Worldwide Limited — Results, 10-07-2025: Reply to Clarification- Financial results

Mangalam Worldwide Limited has announced a board meeting on [date not included as per user preference].

**Financial results for the quarter and half-year/year ended March 31, 2025 (Standalone and Consolidated):**

- **Revenue from operations** stood at ₹593.83 Cr for the half-year and ₹1,060.71 Cr for the year, up from ₹418.64 Cr and ₹818.11 Cr respectively in the previous year.

- **Total income** was ₹596.33 Cr (half-year) and ₹1,066.03 Cr (year), compared to ₹420.25 Cr and ₹822.47 Cr last year.

- **Total expenses** increased to ₹581.84 Cr (half-year) and ₹1,038.47 Cr (year) from ₹407.61 Cr and ₹802.15 Cr previously.

- **Profit before exceptional items and tax** rose to ₹14.49 Cr (half-year) and ₹27.56 Cr (year) versus ₹12.63 Cr and ₹20.32 Cr last year.

- After including exceptional items of ₹1.86 Cr, **profit before tax** was ₹16.34 Cr (half-year) and ₹29.42 Cr (year), up from ₹12.63 Cr and ₹20.32 Cr.

- **Net profit after tax** improved to ₹16.52 Cr (half-year) and ₹29.41 Cr (year) from ₹13.30 Cr and ₹20.10 Cr.

- **Other comprehensive income (net of tax)** contributed ₹3.93 Cr (half-year) and ₹18.97 Cr (year), significantly higher than previous year’s ₹0.13 Cr.

- **Total comprehensive income** reached ₹20.44 Cr (half-year) and ₹48.39 Cr (year), compared to ₹13.44 Cr and ₹20.24 Cr.

- **Earnings per share (EPS)** (not annualised) were ₹5.61 basic and ₹5.60 diluted for the half-year, and ₹10.57 basic and ₹10.27 diluted for the year, up from ₹5.41/5.18 and ₹8.19/7.78 respectively.

**Consolidated results** closely mirror standalone figures with net profit after tax at ₹16.56 Cr (half-year) and ₹29.53 Cr (year), and total comprehensive income at ₹20.48 Cr (half-year) and ₹48.50 Cr (year). Basic EPS stood at ₹5.61 (half-year) and ₹10.59 (year).

**Balance Sheet Highlights (Standalone):**

- Total assets increased to ₹626.58 Cr from ₹403.24 Cr.

- Inventories nearly doubled to ₹281.88 Cr.

- Trade receivables rose to ₹167.12 Cr.

- Equity base strengthened to ₹247.63 Cr from ₹172.15 Cr.

- Short-term borrowings surged to ₹177 Cr from ₹83.95 Cr.

**Cash Flow Summary (Standalone):**

- Operating cash flow was negative at ₹-86.67 Cr due to working capital changes.

- Investing activities used ₹7.36 Cr.

- Financing activities generated ₹94.05 Cr, mainly from equity and borrowings.

- Net cash and cash equivalents slightly increased to ₹0.25 Cr.

**Corporate Actions & Other Notes:**

- Paid-up equity capital increased to ₹29.70 Cr following conversion of 52 lakh convertible warrants.

- The company is pursuing migration from NSE Emerge to NSE Main Board; approvals are pending.

- A Scheme of Amalgamation with Mangalam Saarloh Private Limited is approved by the Board, subject to regulatory clearances.

- The company received a SEBI show cause notice related to alleged violations; a settlement application has been filed.

- The business operates in a single segment focused on stainless steel products including billets, bars, pipes, and tubes.

Overall, Mangalam Worldwide demonstrated solid growth in revenue and profitability for FY25, supported by increased scale and operational efficiencies. The balance sheet shows expansion in working capital and borrowings, reflecting growth investments. The company’s strategic moves including amalgamation and capital infusion position it for further scale-up, though regulatory matters remain ongoing.