Mangalam Worldwide Q2 PAT up 31% YoY; Belgium subsidiary formed
MWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.2 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 FY27: PAT up 30.90% YoY at 13.82 cr; total income up 13.4% at 361 cr; export revenue up 355% at 63.86 cr; adjusted EBITDA up 81% at 40.17 cr; margin expanded to 11.13% from 6.98%. H1 FY27 PAT up 25% to 25.84 cr. Incorporated Belgium wholly owned subsidiary MWL Europe BV to expand European presence and strengthen export outreach.
Strong earnings growth, margin expansion, and global expansion via Belgium subsidiary signal positive momentum for shareholders.