Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Aug
Source: Bse
Mangalam Cement Limited (MANGLMCEM)
Small CapIndustrials stocks · Small cap · NSE
Mangalam Cement Limited operates in Cement, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:43 am IST
Score22 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
44NeutralSMA20 -6.3% / mo · MACD −
Stock trend: 44
Sector RS: 44
Sector 3M: -7.1% vs Nifty 500 -5.2%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MANGLMCEMD candles · FIT view+1.8%Latest close ₹933.95 on 2026-10-21
Bar
-3.7%
RSI
36
MACD hist
-3.46
52W pos
58%
2026-10-21O ₹969.85H ₹999.00L ₹930.00C ₹933.95Vol 92,478 sh
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
MANGLMCEMNifty India ManufacturingNifty 500
- MANGLMCEM
- -4.7%
- Nifty 500
- -6.5%
- Nifty India Manufacturing
- -7.7%
- Vs Nifty 500
- +1.8 pp
Chart stats
21 Oct 2026- From 52W high
- -16.6%
- 52W range position
- 58%
- ATR (14)
- 3.6%
- Volume vs 20D
- 1.61x
- Avg traded value
- ₹5.9 Cr
- 20D price channel
- ₹930 - ₹1,052.4
₹1,120
₹679.4 - ₹1,120
₹33.3
Latest completed session
20-session average
24.5% 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 argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST41
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +0.7% · PAT -43.8% YoY
Technical
Neutral44
Price trend and sector-relative-strength timing.
Valuation
Legacy model+28.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -44% YoY · margin compression · Rev +1% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹455 Cr | +0.7% | -7.1% |
| EBITDA | ₹53 Cr | -29.3% | -1.9% |
| Operating margin | 12.0% | -500 bps | +100 bps |
| PAT | ₹18 Cr | -43.8% | -72.3% |
| PAT margin | 4.0% | -312 bps | -931 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.00
- P/B
- 2.79
- EV/EBITDA
- 12.99
- Market Cap
- 2724.00Cr
Profitability
- ROE
- 16.30%
- ROCE
- 11.00%
- ROA
- 4.74%
- Dividend Y
- 0.15%
Growth (CAGR)
- Revenue 5Y
- 6.00%
- EPS 5Y
- 10.00%
- Revenue 3Y
- -1.00%
- EPS 3Y
- 81.00%
Balance Sheet
- Debt/Equity
- 0.91
- Interest Coverage
- 2.95×
- Altman Z
- 2.82
- Book Value
- 355.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 9/5
- OCF
- 94.00 Cr
- EPS TTM
- 41.73
Shareholding
- Promoter Hold
- 40.01%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 71%
Financial History
Updated 22/10/2026
Revenue
₹ CrLatest: 1,758+4.6% vs prev
Net Profit
₹ CrLatest: 129+186.7% vs prev
Return on Equity
%Latest: 13.2+149.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term uptrend intact. RSI 36.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~6.8% over last month) — short-term momentum negative.
- RSI(14) at 36 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 17% off 52W high · 37% 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
75
RS percentile
Stage 1 Base / Transition
1M return
-7.5%
3M return
-4.7%
6M return
+1.2%
1Y return
+20.3%
RS 1D
0
RS 20D
-2
Sector rank
#2
Industry rank
#76
Stage evidence
- Price is within 0.8% of the 30-week proxy.
- The 30-week proxy changed +2.0% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price above
Sector
leading
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 130.09-2.50%
RS vs Nifty 500130
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation8/30
Growth12/25
Quality9/20
Balance Sheet3/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
41
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
41/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 28.3%.
- Growth contributes 12/25 to the score.
Main drags
- Balance sheet is weaker at 3/15; verify the latest quarterly trend.
- Valuation is weaker at 8/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
21.0
PB
2.8
EV/EBITDA
13.0
ROE
16.3%
ROCE
11.0%
FCF Yield
—
Debt/Equity
0.9
MoS
+28.3%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
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: 22 Oct 2026
v4.3-runtime-valuation
Final score
41
Previous: 41
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+28.3%
Previous: +28.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
22 Oct 2026
v4.3-runtime-valuation
41
41
40
38
41
41
41
41
41
41
41
41
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
₹577.34
-61.8% MoS
Growth-justified P/E
31.2
Growth-justified Value
₹1,302.81
+28.3% MoS
PEG
1.31
Comparable companies
Peers
Business-comparable peers in Industrials — 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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SOMANYCERA
Small
Somany Ceramics Limited
Cement
match 171
33
22.8
10.4%
-98%
WATCHLIST
HEIDELBERG
Small
HeidelbergCement India Limited
Cement
match 171
33
24.3
10.1%
-707%
WATCHLIST
SAGCEM
Small
Sagar Cements Limited
Cement
match 167
17
101.0
-0.3%
-2548%
OVERVALUED
SAURASHCEM
Small
Saurashtra Cement Limited
Cement
match 164
35
35.7
2.3%
-3401%
WATCHLIST
SHREDIGCEM
Small
Shree Digvijay Cement Co.Ltd
Cement
match 163
14
54.5
6.8%
-1537%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Mangalam Cement Limited operates in Cement, within the Industrials 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
66Limited 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 49th percentile of the scored universe and 47th percentile within Industrials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
8 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Industrials: 47th pctile, median 68 · Small: 54th pctile, median 66
Evidence depth
Financial-only
8 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 confidenceWhat 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
60
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸9 years of positive FCF.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Mangalam Cement Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Jun - Submission of Copy of the Newspaper Advertisements in respect of transfer of equity shares of the company to the Investor Education and Protection Fund (IEPF) …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Jun
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.