Mangal Electrical Industries Limited (IN:MEIL)
:MEIL
Want to see IN:MEIL full AI Analyst Report?
Top Page
Mangal Electrical Industries Limited
(MEIL)
Select Model
Select Model
Rating:63Neutral
Price Target:
₹344.00
▲(13.79% Upside)
Action:N/A
Date:05/27/26
The score is primarily tempered by weak cash generation (negative operating and free cash flow in FY2025 and FY2026, with worse FY2026 cash burn) despite strong FY2026 revenue growth and solid profitability. Technicals are supportive with the stock trading above key moving averages and a positive MACD, while valuation support is limited because P/E is reported as 0.00 and dividend yield is unavailable.
Positive Factors
Revenue Growth
An 88.6% year-over-year revenue jump in FY2026 signals durable demand expansion or successful market penetration. Sustained top-line growth provides capacity to scale operations, spread fixed costs, and support reinvestment if converted into recurring customers and sustained order flow.
Negative Factors
Weak Cash Generation
Persistent negative operating and free cash flow, with worsening cash burn in FY2026, means reported profits are not converting to cash. This raises structural liquidity risk, increases reliance on external financing, and can constrain capex, working-capital cushions, or dividend capacity over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
An 88.6% year-over-year revenue jump in FY2026 signals durable demand expansion or successful market penetration. Sustained top-line growth provides capacity to scale operations, spread fixed costs, and support reinvestment if converted into recurring customers and sustained order flow.
Read all positive factors
Mangal Electrical Industries Limited (MEIL) vs. iShares MSCI India ETF (INDA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)3.91K
Price to Earnings (P/E)20.2
Beta (1Y)1.15
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees626
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)9.85
Shares Outstanding27,630,123
10 Day Avg. Volume3,154
30 Day Avg. Volume3,908
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mangal Electrical Industries Limited Business Overview & Revenue Model
Company Description
Mangal Electrical Industries Limited manufactures and trades in electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under the Mangal Electrical brand name in India and int...
Mangal Electrical Industries Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 3.07B | 5.80B | 5.49B |
| Gross Profit | 678.17M | 1.22B | 1.26B |
| EBITDA | 438.60M | 756.60M | 814.98M |
| Net Income | 272.32M | 431.71M | 473.07M |
Balance Sheet | |||
| Total Assets | 6.82B | 7.07B | 3.66B |
| Cash, Cash Equivalents and Short-Term Investments | 1.74B | 952.12M | 4.40M |
| Total Debt | 675.29M | 454.31M | 1.49B |
| Total Liabilities | 1.18B | 1.17B | 2.04B |
| Stockholders Equity | 5.64B | 5.90B | 1.62B |
Cash Flow | |||
| Free Cash Flow | -1.01B | -1.38B | -424.11M |
| Operating Cash Flow | -607.75M | -1.01B | -300.92M |
| Investing Cash Flow | -1.60B | -1.58B | -183.26M |
| Financing Cash Flow | 3.22B | 2.64B | 418.18M |
Mangal Electrical Industries Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹125.09B | 48.83 | ― | 2.34% | 3.33% | -4.30% | |
69 Neutral | ₹2.74B | 10.95 | ― | 0.86% | 28.74% | 13.94% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | ― | 20.15 | ― | ― | ― | ― | |
57 Neutral | ₹7.10B | 54.16 | ― | ― | 8.37% | 271.75% | |
54 Neutral | ₹27.85B | 70.26 | ― | ― | ― | ― | |
52 Neutral | ₹80.00B | 99.13 | ― | ― | 39.60% | 44.52% |
* Industrials Sector Average
IN:MEIL
Mangal Electrical Industries Limited
322.65
-204.65
-38.81%
IN:INGERRAND
Ingersoll-Rand (India) Limited
3,962.50
236.41
6.34%
IN:KECL
Kirloskar Electric Co. Ltd.
106.90
-26.10
-19.62%
IN:KRN
Krn Heat Exchanger and Refrigeration Limited
1,222.20
468.75
62.21%
IN:SPECTRUM
Spectrum Electrical Industries Limited
1,772.30
185.75
11.71%
IN:VETO
Veto Switchgears & Cables Ltd.
143.35
11.20
8.48%
Mangal Electrical Industries Limited Corporate Events
Mangal Electrical Industries Closes Trading Window Ahead of FY26 Results
Mar 26, 2026
Mangal Electrical Industries Limited has announced the closure of its trading window for designated persons and their immediate relatives from April 1, 2026, in line with its Code of Conduct and the Securities and Exchange Board of India’s i...
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.