Mangalam Cement Ltd (MANGLMCEM) AI Stock Analysis

Mangalam Cement Ltd

(NSE:MANGLMCEM)

Select Model

Rating:62Neutral

Price Target:INR 930.00▲(6.00% Upside)

Action:reiterated

Date:08/21/26

Moderate score driven mainly by balanced financial stability and positive technical momentum from price above moving averages; valuation limited by low dividend yield.

Positive Factors

Expanded Capital BaseEquity has grown steadily while assets expanded, giving Mangalam Cement a larger capital base to support operations and investment. This provides some resilience and capacity for future growth, although returns remain cyclical and the benefit depends on restoring consistent profitability.

Negative Factors

Weak Free Cash FlowFree cash flow moved from positive in 2025 to deeply negative in 2026, reducing internally generated funding available for investment, debt service, and shareholder returns. If sustained, this reversal could increase reliance on external financing and constrain strategic flexibility.

Mangalam Cement Ltd (MANGLMCEM) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 28.92B
Dividend Yield: 0.17%
Average Volume (3M): 4,847
Price to Earnings (P/E): 21.1
Beta (1Y): 0.93
Revenue Growth: 0.55%
EPS Growth: 90.45%
Country: India
Employees: 1,031
Sector: General
Sector Strength: 55
Industry: Construction Materials

Mangalam Cement Ltd Business Overview & Revenue Model

Company Description

Operating within India, Mangalam Cement Limited specializes in the production and distribution of various cement types. Its product portfolio includes Portland Pozzolana, 43-grade, and 53-grade cement, all marketed under the 'Birla Uttam' label. Addi...

Mangalam Cement Ltd Financial Statement Overview

Summary

Revenue showed historical growth but recent declines and volatile profits; offset by steady asset growth, controlled leverage, and consistent positive operating cash flows.

Income Statement

55Neutral

Balance Sheet

68Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	17.62B	17.58B	16.81B	17.25B	17.92B	15.64B
Gross Profit	7.69B	8.00B	7.03B	8.81B	5.76B	8.11B
EBITDA	2.11B	2.39B	2.18B	2.22B	1.38B	2.30B
Net Income	1.15B	1.29B	450.63M	597.17M	171.23M	777.05M
Balance Sheet
Total Assets	0	24.25B	21.66B	20.68B	19.90B	19.28B
Cash, Cash Equivalents and Short-Term Investments	1.56B	2.28B	1.96B	2.16B	2.14B	2.56B
Total Debt	0	8.88B	6.27B	6.07B	6.21B	6.28B
Total Liabilities	-9.77B	14.48B	13.14B	12.56B	12.34B	11.86B
Stockholders Equity	9.77B	9.77B	8.52B	8.12B	7.56B	7.42B
Cash Flow
Free Cash Flow	-1.21B	-2.46B	48.15M	837.11M	114.81M	640.27M
Operating Cash Flow	175.06M	1.02B	1.30B	1.82B	1.39B	1.89B
Investing Cash Flow	-1.03B	-3.09B	-1.41B	-1.12B	-635.60M	-1.34B
Financing Cash Flow	625.23M	1.87B	38.64M	-858.85M	-894.35M	-730.76M

Mangalam Cement Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price877.35

Price Trends

50DMA997.02Negative

100DMA958.17Negative

200DMA897.12Negative

Market Momentum

MACD-30.41Positive

RSI30.34Neutral

STOCH25.01Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANGLMCEM, the sentiment is Negative. The current price of 877.35 is below the 20-day moving average (MA) of 942.76, below the 50-day MA of 997.02, and below the 200-day MA of 897.12, indicating a bearish trend. The MACD of -30.41 indicates Positive momentum. The RSI at 30.34 is Neutral, neither overbought nor oversold. The STOCH value of 25.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANGLMCEM.

Mangalam Cement Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:MANGLMCEM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KCP	80Outperform	INR 18.53B	10.94	―	0.70%	6.55%	-4.48%
IN:MANGLMCEM	62Neutral	INR 24.12B	21.10	―	0.17%	0.55%	90.45%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DECCANCE	51Neutral	INR 6.67B	111.20	―	0.10%	39.38%	-70.89%
IN:ORIENTCEM	49Neutral	INR 23.12B	12.04	―	0.44%	-17.66%	-37.35%
IN:SAGCEM	41Neutral	INR 15.99B	-69.51	―	―	13.42%	80.35%
IN:SAURASHCEM	40Underperform	INR 5.10B	75.32	―	―	7.86%	-51.97%

* General Sector Average

Performance Comparison

IN:MANGLMCEM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:MANGLMCEM	Mangalam Cement Ltd	877.35	120.41	15.91%
IN:DECCANCE	Deccan Cements Ltd	476.00	-553.44	-53.76%
IN:KCP	KCP Ltd.	143.75	-56.67	-28.28%
IN:ORIENTCEM	Orient Cement Ltd.	112.55	-104.86	-48.23%
IN:SAGCEM	Sagar Cements Ltd	122.30	-103.25	-45.78%
IN:SAURASHCEM	Saurashtra Cement Limited	45.81	-54.79	-54.46%

Mangalam Cement Ltd Corporate Events

Mangalam Cement Marks 50th AGM with Fully Virtual Shareholder Meet

Aug 21, 2026

Mangalam Cement Ltd held its 50th Annual General Meeting on 21 August 2026 via video conferencing and other audio-visual means, in line with Indian regulatory norms for listed companies. The meeting recorded the attendance of key board members, statu...

Mangalam Cement Says Volume Surge Is Market-Driven, Affirms Compliance With SEBI Norms

Aug 20, 2026

Mangalam Cement Ltd, a listed cement manufacturer serving construction and infrastructure demand, operates under the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements. The company emphasizes its adherence...

Mangalam Cement Posts Unaudited Q1 FY27 Results After Limited Review

Aug 8, 2026

Mangalam Cement Ltd has released its unaudited financial results for the quarter ended 30 June 2026, following approval by the board of directors at a meeting held on 8 August. The disclosure, made in line with Securities and Exchange Board of India...

Mangalam Cement Starts Receiving Power from New Captive Solar Plant in Rajasthan

Aug 6, 2026

Mangalam Cement has announced that Suryadeep RJ-1 Projects Pvt Ltd has commissioned a 15.17 MW (AC) / 22 MW (DC) solar power plant in Barmer district, Rajasthan, under a group captive open access model. The plant, developed on a build-own-operate bas...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 21, 2026

Mangalam Cement Ltd AI Stock Analysis