MANGLMCEMNSEMangalam Cement Limited· Cement And Cement ProductsHighNeutral
Announced Sat, 16 May · 16:45 IST

Mangalam Cement Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctExceptional ItemResults View source PDF

MANGLMCEM · price

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AI summary

Mangalam Cement Limited reported audited standalone financial results for the year ended March 31, 2026. Revenue from operations grew 4.6% to Rs. 1,75,840.61 Lakhs from Rs. 1,68,098.78 Lakhs in the previous year. Net profit surged significantly to Rs. 12,895.03 Lakhs versus Rs. 4,506.31 Lakhs, driven partly by a deferred tax liability reversal of Rs. 5,407.51 Lakhs due to the company's transition to the new tax regime under Section 115BAA. The company recorded exceptional items totaling Rs. 2,175.75 Lakhs, including Rs. 1,052.45 Lakhs as a provision for doubtful advances related to a petcoke supplier dispute. Total borrowings increased substantially to Rs. 86,958 Lakhs against equity of Rs. 97,729 Lakhs. The Board recommended a dividend of Rs. 1.50 per share. Auditors Singhi & Co. issued an unmodified (clean) opinion.

Likely market impact

Strong profitability growth supported by tax benefits, though rising debt levels and exceptional items (supplier dispute provision) warrant attention. Clean audit opinion is positive for shareholder confidence.