(a) Approved Audited Standalone Financial Statements for financial year ended 31st March, 2026 (b) Recommended a final dividend of Rs. 1.50/- per equity share of Rs. 10/- each for ....
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mangalam Cement reported audited standalone results for FY ended March 2026. Revenue from operations grew 4.6% to ₹175,841 lakhs from ₹168,099 lakhs. However, net profit surged 186% to ₹12,895 lakhs from ₹4,506 lakhs, boosted by a one-time deferred tax reversal of ₹5,408 lakhs due to opting for the new concessional tax regime. Basic EPS improved to ₹46.90 from ₹16.39. The company also recorded exceptional items of ₹2,176 lakhs (₹123 lakhs for labour code compliance and ₹2,052 lakhs provision for doubtful advance to foreign petcoke supplier). The Board recommended a final dividend of ₹1.50 per share, subject to shareholder approval at the August 2026 AGM. Auditors issued an unmodified (clean) opinion.
The large PAT growth is partly inflated by the deferred tax credit and may not sustain; investors should focus on operational performance. The clean audit and dividend signal financial stability, though the petcoke supplier dispute adds some uncertainty.