Mangalam Worldwide Limited has informed the Exchange regarding a press release dated April 30, 2026, titled "Press Release for results for the financial year 2025-26".
MWL · price
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Mangalam Worldwide Limited, a stainless steel manufacturer, reported strong FY26 results with total income of ₹1,214.98 crore, up 14% from ₹1,066.03 crore in FY25. Profit after tax surged 70% year-on-year to ₹50.14 crore from ₹29.52 crore. Q4 FY26 performance was equally robust with PAT jumping 81% YoY to ₹15.37 crore. The board recommended a final dividend of ₹0.30 per share and approved a proposal for direct listing on the BSE Main Board, subject to regulatory approvals. The company operates four plants in Gujarat with over 1,90,000 MTPA capacity.
The sharp 70% PAT growth and dividend recommendation signal strong shareholder returns, while the BSE listing proposal could improve stock visibility and liquidity. The stock appears to be performing well operationally.