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Mangalam Global Enterprise Ltd. (IN:MGEL)
:MGEL
India Market
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Mangalam Global Enterprise Ltd. (MGEL) AI Stock Analysis

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IN:MGEL

Mangalam Global Enterprise Ltd.

(MGEL)

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Neutral 68 (OpenAI - Gpt-5.6Sol)
Rating:68Neutral
Price Target:
₹19.00
▲(35.91% Upside)
Action:Reiterated
Date:09/08/26
Overall score reflects strong financial growth but tempered by cash-flow volatility and thin margins. Valuation is a notable positive (low P/E and high dividend yield), while technicals are constructive due to price strength above major moving averages, though negative MACD signals softer momentum.
Positive Factors
Sustained Revenue Growth
Sustained revenue expansion indicates continued growth in traded volumes, market participation, or realized sales. This top-line momentum can support higher absolute earnings and strengthen the company’s ability to scale its commodity-trading operations over the next several quarters.
Negative Factors
Thin Profit Margins
Very thin net margins leave limited room to absorb changes in commodity prices, operating costs, or trading spreads. The decline in gross margin also suggests profitability is not fully keeping pace with revenue growth, potentially limiting durable earnings expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Sustained revenue expansion indicates continued growth in traded volumes, market participation, or realized sales. This top-line momentum can support higher absolute earnings and strengthen the company’s ability to scale its commodity-trading operations over the next several quarters.
Read all positive factors

Mangalam Global Enterprise Ltd. (MGEL) vs. iShares MSCI India ETF (INDA)

Mangalam Global Enterprise Ltd. Business Overview & Revenue Model

Company Description
Operating across India and internationally, Mangalam Global Enterprise Limited (MGEL) and its subsidiaries specialize in the production, commercial dealing, and trading of edible and non-edible oils, alongside a variety of agricultural commodities...
How the Company Makes Money
MGEL primarily makes money by trading and distributing commodities: it purchases commodities from producers/suppliers, sells them to processors/industrial users/wholesalers or exports them, and earns a margin (the spread) between procurement cost ...

Mangalam Global Enterprise Ltd. Financial Statement Overview

Summary
Strong and sustained revenue growth with improving net income, but profitability remains thin (~1.3% net margin) and cash-flow quality is the key risk due to historically volatile/negative operating cash flow despite positive FCF in 2026.
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
54
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue37.55B33.84B22.81B18.39B14.25B12.76B
Gross Profit1.13B873.52M781.78M723.41M841.56M361.24M
EBITDA848.38M879.13M441.60M516.00M285.15M199.28M
Net Income386.75M452.23M231.01M202.08M126.96M43.03M
Balance Sheet
Total Assets9.47B8.05B5.56B4.20B4.39B2.71B
Cash, Cash Equivalents and Short-Term Investments496.09M255.30M146.42M16.14M25.86M17.97M
Total Debt2.94B2.15B2.24B2.01B2.37B1.37B
Total Liabilities6.79B5.57B3.54B2.81B3.25B1.91B
Stockholders Equity2.67B2.48B2.02B1.39B1.14B796.28M
Cash Flow
Free Cash Flow0.00210.65M-478.26M377.18M-1.08B-285.92M
Operating Cash Flow0.00230.78M-390.79M398.60M-672.28M-285.92M
Investing Cash Flow0.00-102.06M39.66M16.56M-410.88M341.91M
Financing Cash Flow0.00-101.25M342.95M-424.88M1.09B-70.68M

Mangalam Global Enterprise Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price13.98
Price Trends
50DMA
15.81
Positive
100DMA
15.89
Positive
200DMA
14.20
Positive
Market Momentum
MACD
0.55
Negative
RSI
61.22
Neutral
STOCH
52.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MGEL, the sentiment is Positive. The current price of 13.98 is below the 20-day moving average (MA) of 16.67, below the 50-day MA of 15.81, and below the 200-day MA of 14.20, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 61.22 is Neutral, neither overbought nor oversold. The STOCH value of 52.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MGEL.

Mangalam Global Enterprise Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
₹5.74B14.41―0.06%44.23%8.18%
67
Neutral
₹2.06B10.13―0.78%-8.95%-11.01%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹3.14B28.98―0.16%-13.44%-0.73%
53
Neutral
₹3.10B11.29―1.58%2.78%2.41%
50
Neutral
₹2.24B-10.19―0.63%6.65%-130.78%
50
Neutral
₹2.10B-45.38―0.11%9.32%-184.16%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:MGEL
Mangalam Global Enterprise Ltd.
17.41
3.12
21.82%
IN:HARRMALAYA
Harrisons Malayalam Ltd
168.00
-32.00
-16.00%
IN:JAYSREETEA
Jay Shree Tea & Industries Ltd.
77.63
-18.46
-19.21%
IN:PKTEA
Peria Karamalai Tea & Produce Co. Ltd.
677.10
-40.22
-5.61%
IN:SAKUMA
Sakuma Exports Limited
2.00
-0.89
-30.80%
IN:UNITEDTEA
United Nilgiri Tea Estates Co. Ltd.
411.45
-18.81
-4.37%

Mangalam Global Enterprise Ltd. Corporate Events

Mangalam Global Seeks Shareholder Nod on Board Appointments and Pay via Postal Ballot
Sep 10, 2026
Mangalam Global Enterprise Ltd. has initiated a postal ballot process to seek shareholder approval for several key governance resolutions, including the appointment of two non-executive independent directors, Mr. Ramesh Kumar Agrawal and Ms. Purvi...
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: Sep 08, 2026