Mangalam Global Enterprise Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
MGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mangalam Global Enterprise reported robust FY26 standalone revenue of Rs 296.17 crore, up 41.5% from Rs 209.25 crore in FY25. Net profit after tax grew 90.3% to Rs 41.37 crore from Rs 21.75 crore. On consolidated basis, revenue rose 48.3% to Rs 338.45 crore with PAT growing 95.7% to Rs 45.22 crore. The Board recommended a final dividend of Re 0.01 per share (1% of face value). The company also appointed new internal and cost auditors for FY27. An Emphasis of Matter paragraph notes a SEBI show cause notice from February 2025 regarding a forensic audit, with the company having filed a settlement application. The auditor issued an Unmodified Opinion.
Strong financial performance with near-doubling of profits is positive for shareholders. However, the unresolved SEBI show cause notice represents a regulatory risk factor that investors should monitor. The minimal dividend suggests retained earnings are being deployed for growth initiatives.