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Mangalam Drugs And Organics Limited (MANGALAM)

Small Cap

Pharma stocks · Small cap · NSE

Mangalam Drugs And Organics Limited operates in Hospitals / Diagnostics, within the Pharma sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹30.53
-0.58 · -1.86%
Market cap ₹46.2 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm IST
Details
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:42 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Pharma P/E 33.5 (n=187)
Technical timing lens

Trend score and candlestick chart

60Bullish

MACD − · near 52W low · sector +3.8pp vs Nifty 500 (3M)

Stock trend: 35
Sector RS: 98
Sector 3M: -1.8% vs Nifty 500 -5.6%

FPI equity flow was positive in both fortnights, but the sector index is below its 100-session average. View sector evidence

Technical chart

MANGALAMD candles · FIT view+9.9%
Latest close ₹30.53 on 2026-10-19
Bar
-2.1%
RSI
46
MACD hist
-0.13
52W pos
15%
Visible chart range
Candle interval
2026-10-19O ₹31.20H ₹32.59L ₹30.26C ₹30.53Vol 16,771 sh
₹25.07₹28.52₹31.97₹35.43₹38.88₹30.532026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

MANGALAMNifty PharmaNifty 500
-11%+5%+21%+38%20 Jul1 Sept19 Oct19 Oct 2026MANGALAM +11.9%Nifty Pharma -1.5%Nifty 500 -5.6%
MANGALAM
+11.9%
Nifty 500
-5.6%
Nifty Pharma
-1.5%
Vs Nifty 500
+17.4 pp
Chart stats
19 Oct 2026
From 52W high
-58.2%
₹73
52W range position
15%
₹22.8 - ₹73
ATR (14)
6.7%
₹2
Volume vs 20D
0.32x
Latest completed session
Avg traded value
₹0.1 Cr
20-session average
20D price channel
₹28 - ₹34.6
52.1% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.

Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED
2

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Bad
0

Revenue -0.2% · PAT NDF YoY

Technical
Bullish
60

Price trend and sector-relative-strength timing.

Valuation
Legacy model
—

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
39

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

Rev -0% YoY · margin expansion

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹57.1 Cr-0.2%-15.1%
EBITDA₹0.9 Cr+119.7%+116.2%
Operating margin1.6%+967 bps+994 bps
PAT₹-7.6 CrNDFNDF
PAT margin-13.4%+1074 bps+656 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
—
P/B
0.45
EV/EBITDA
16.80
Market Cap
46.20Cr

Profitability

ROE
-35.20%
ROCE
-14.30%
ROA
-12.06%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
-27.00%
EPS 5Y
-27.00%
Revenue 3Y
-34.00%
EPS 3Y
-34.00%

Balance Sheet

Debt/Equity
1.02
Interest Coverage
-0.56×
Altman Z
1.28
Book Value
65.10

Cash Flow

FCF Yield
—
FCF Positive Y
1/5
OCF
4.00 Cr
EPS TTM
-24.17

Shareholding

Promoter Hold
35.65%
Promoter Pledge
0.00%
Momentum 52W
13%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 57.1-15.1% vs prev
0102.2Dec 2023: 97.3Mar 2024: 102Jun 2024: 76.5Sep 2024: 79.9Dec 2024: 88.7Mar 2025: 72.8Jun 2025: 57.2Sep 2025: 49.5Dec 2025: 58.4Mar 2026: 67.3Jun 2026: 57.1Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26

Net Profit

₹ Cr
Latest: -7.6+43.1% vs prev
-13.803.5Dec 2023: 0.5Mar 2024: 3.5Jun 2024: 2.7Sep 2024: 2.7Dec 2024: 1.3Mar 2025: 0.1Jun 2025: -13.8Sep 2025: -7.3Dec 2025: -9.8Mar 2026: -13.4Jun 2026: -7.6Q3 23FY24Q1 24Q2 24Q3 24FY25Q1 25Q2 25Q3 25FY26Q1 26
ROE is shown only in the Annual view — quarterly equity data isn't published.

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 46.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 roughly flat — short-term momentum stalled.
  • RSI(14) at 46 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 58% off 52W high · 34% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

28
RS percentile
Stage 3 Topping
1M return
-10.9%
3M return
+11.9%
6M return
+8.3%
1Y return
-52.6%
RS 1D
+3
RS 20D
+7
Sector rank
#1
Industry rank
#17
Stage evidence
  • 54.4% below the 52-week closing high after prior strength.
  • The 30-week proxy has stalled (+0.4% over 20 sessions).
  • Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 43.56-0.84%
28476685104Sept 25Feb 26Jun 26Oct 2644
RS vs Nifty 50044

Valuation & peers

U-Score 2 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

2U-SCORE
Distress Watch

Fundamental score breakdown

U band · OVERVALUED
Valuation5/30
Growth1/25
Quality0/20
Balance Sheet1/15
Cash Flow1/10
Piotroski
3/9 (+1)
Penalties
-7
Raw sum
2

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

2/100 · legacy band OVERVALUED

Positive drivers

  • Valuation contributes 5/30 to the score.
  • Cash flow contributes 1/10 to the score.
  • Balance sheet contributes 1/15 to the score.

Main drags

  • Altman Z is 1.3, in distress territory.
  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Healthcare valuation: PE/EVEBITDA with regulatory and pipeline checks

Healthcare valuation needs both earnings quality and regulatory/pipeline context.

Pharma PE/EVEBITDA
Primary lens
PE and EV/EBITDA adjusted for product mix and R&D/pipeline quality.
Secondary checks
USFDA risk, launch pipeline, margin trend, domestic vs export mix.
Main risk check
Regulatory setbacks or one-off product cycles can distort valuation.
PE
—
PB
0.5
EV/EBITDA
16.8
ROE
-35.2%
ROCE
-14.3%
FCF Yield
—
Debt/Equity
1.0
MoS
—
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
2
Previous: 2
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
2
2
2
2
2
2
2
2
2
2
2
2

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
—
Growth-justified P/E
1.8
Growth-justified Value
—
— MoS
PEG
—

Comparable companies

Peers

Business-comparable peers in Pharma — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VIVIMEDLAB
Small
Vivimed Labs Limited
Healthcare Services
match 166
13
—
—
—
OVERVALUED
VINEETLAB
Small
Vineet Laboratories Limited
Healthcare Services
match 162
5
65.0
3.7%
-1551%
OVERVALUED
MAXHEALTH
Large
Max Healthcare Institute Limited
Healthcare Services
match 151
35
67.5
12.7%
-497%
WATCHLIST
LOTUSEYE
Small
Lotus Eye Hospital and Institute Limited
Healthcare Services
match 149
13
1504.0
0.1%
-161992%
OVERVALUED
VALIANTLAB
Small
Valiant Laboratories Limited
Healthcare Services
match 149
14
43.3
-1.2%
-4939%
OVERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Mangalam Drugs And Organics Limited operates in Hospitals / Diagnostics, within the Pharma sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
39Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 1st percentile of the scored universe and 1st percentile within Pharma. Main check: results consistency is weak at 5/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
1st percentile

overall median 67 · Pharma: 1st pctile, median 70 · Small: 1st pctile, median 66

Evidence depth
Financial-only

5 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Do not rely on management narrative unless hard turnaround evidence is visible.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
60
acceptable · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
35
weak · leverage and solvency
Discipline
40
weak · capital discipline
Results
5
weak · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.

Trust risks

  • ▸Promoter holding fell 14.7%.
  • ▸Altman Z is 1.28.
  • ▸4 latest quarters had PAT decline worse than 25% YoY.
  • ▸Only 1 years of positive FCF.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Oct - Intimation under Regulation 30 of SEBI (LODR),2015 for Newspaper publication regarding issuance of postal ballot notice for appointment of Mr. Prabhakar Raghunath Zavar as Independent …

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 24 Sep - Shareholders approved appointing new secretarial and statutory auditors for five years at 53rd AGM.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Retirement 24 Sep - 53rd AGM appointed L.N. Joshi & Co. as secretarial auditor and S.N. Nanda & Co. as statutory auditor for five years.

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Change in Management 15 Sep - Board appointed Prabhakar Raghunath Zavar as independent director for five years, subject to shareholder approval.

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.