Manglam Global Corporations Li

Trades agricultural commodities from a base in Hoshangabad, Madhya Pradesh, and is building a food processing vertical through recently acquired subsidiaries. FY26 total income was Rs 19.34 crore, up 393% from the prior year, with a net profit of Rs 33.56 lakh; the auditor flagged that purchases from farmers routed through APMC mandis were made in cash without formal documentation. The company has acquired two wholly owned food processing subsidiaries: Shri Krishnam Industries Private Limited (pulse processing and dal milling, acquired for Rs 63 lakhs, incorporated February 2020 but not yet commenced operations) and Manglam Food Products Private Limited (rice, grains, pulses, flour and spices, acquired for Rs 6 crore in cash, incorporated March 2026 with no independent turnover). Related party transactions with promoter-linked entities including Shri Satguru Agromills have been approved covering sale and purchase of agri commodities. Costs are dominated by other operating expenses (2.4% of revenue) with employee cost at 0.3%.