AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 2 Sep - Mangalam Global Enterprise appointed Darshak Mehta CEO of NEAT Everyday effective September 1, 2026.
Source: Bse
Mangalam Global Enterprise Limited (MGEL)
Small CapConsumer stocks · Small cap · NSE
Mangalam Global Enterprise Limited operates in Edible Oils, within the Consumer 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
Official result overlay30 Sept 2026 · nse-xbrl
Latest result19 Oct, 06:01 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
63Bullishfull bull SMA stack · SMA20 +6.6% / mo · MACD + · near 52W high · sector -4.6pp vs Nifty 500 (3M)
Stock trend: 85
Sector RS: 31
Sector 3M: -10.2% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MGELD candles · FIT view+23.5%Latest close ₹17.05 on 2026-10-21
Bar
-0.9%
RSI
70
MACD hist
0.12
52W pos
94%
2026-10-21O ₹17.20H ₹17.44L ₹16.41C ₹17.05Vol 12.0L 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
MGELNifty Consumer DurablesNifty 500
- MGEL
- +2.4%
- Nifty 500
- -6.5%
- Nifty Consumer Durables
- -11.0%
- Vs Nifty 500
- +8.9 pp
Chart stats
21 Oct 2026- From 52W high
- -2.6%
- 52W range position
- 94%
- ATR (14)
- 4.6%
- Volume vs 20D
- 1.12x
- Avg traded value
- ₹1.8 Cr
- 20D price channel
- ₹15.2 - ₹17.5
₹17.5
₹9.5 - ₹17.5
₹0.8
Latest completed session
20-session average
28.6% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED62
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad15
Revenue +39.2% · PAT -48.0% YoY
Technical
Bullish63
Price trend and sector-relative-strength timing.
Valuation
Legacy model+56.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence77
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 Sept 2026
Bad · 15/100PAT -48% YoY · Rev +39% YoY · margin expansion
Filed 19 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹982.6 Cr | +39.2% | +3.2% |
| EBITDA | ₹22.5 Cr | +96.5% | +22.3% |
| Operating margin | 2.3% | +66 bps | +35 bps |
| PAT | ₹9.3 Cr | -48.0% | +9.7% |
| PAT margin | 0.9% | -158 bps | +5 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.50
- P/B
- 2.10
- EV/EBITDA
- 10.50
- Market Cap
- 560.90Cr
Profitability
- ROE
- 14.60%
- ROCE
- 17.00%
- ROA
- 5.84%
- Dividend Y
- 0.06%
Growth (CAGR)
- Revenue 5Y
- 29.00%
- EPS 5Y
- 42.00%
- Revenue 3Y
- 33.00%
- EPS 3Y
- 36.00%
Balance Sheet
- Debt/Equity
- 0.87
- Interest Coverage
- 2.03×
- Altman Z
- 4.32
- Book Value
- 7.53
Cash Flow
- FCF Yield
- 8.46%
- FCF Positive Y
- 3/5
- OCF
- 46.00 Cr
- EPS TTM
- 1.17
Shareholding
- Promoter Hold
- 72.39%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 75%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 3,384+48.4% vs prev
Net Profit
₹ CrLatest: 45.0+95.7% vs prev
Return on Equity
%Latest: 18.1+59.4% 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
Bullish setupTrend is constructive — long-term uptrend intact. RSI 70.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~6.2% over last month) — short-term momentum positive.
- RSI(14) at 70 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 3% of 52-week high — testing resistance.
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
79
RS percentile
Stage 2 UptrendEstablished S2
1M return
+8.0%
3M return
+2.4%
6M return
+22.3%
1Y return
+15.0%
RS 1D
+2
RS 20D
+18
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is 15.0% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.4%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
16 Jun 2026
S2 age
89 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 109.25+1.11%
RS vs Nifty 500109
Valuation & peers
U-Score 62 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 62 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · UNDERVALUEDValuation15/30
Growth21/25
Quality10/20
Balance Sheet6/15
Cash Flow7/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
62
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
62/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 8.5%.
- Fair-value margin of safety is positive at 56.3%.
- Growth contributes 21/25 to the score.
Main drags
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
- Valuation is weaker at 15/30; verify the latest quarterly trend.
- Quality is weaker at 10/20; 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
14.5
PB
2.1
EV/EBITDA
10.5
ROE
14.6%
ROCE
17.0%
FCF Yield
8.5%
Debt/Equity
0.9
MoS
+56.3%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
62
Previous: 62
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+56.3%
Previous: +56.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
65
65
66
65
65
65
65
65
65
62
62
62
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
₹14.08
-21.1% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹38.96
+56.3% MoS
PEG
0.37
Comparable companies
Peers
Business-comparable peers in Consumer — 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
MODINATUR
Small
Modi Naturals Limited
FMCG
match 165
74
8.9
30.2%
+72%
UNDERVALUED
KNAGRI
Small
KN Agri Resources Limited
FMCG
match 165
35
13.9
8.9%
-13%
WATCHLIST
KRITINUT
Small
Kriti Nutrients Limited
FMCG
match 164
66
10.4
15.1%
+67%
UNDERVALUED
MKPL
Small
M K Proteins Limited
FMCG
match 157
14
31.2
9.4%
-617%
OVERVALUED
RBS
SME
Ramdevbaba Solvent Ltd.
FMCG
match 153
27
16.8
7.3%
+61%
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 Global Enterprise Limited operates in Edible Oils, within the Consumer 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 Sept 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
77Limited 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 83rd percentile of the scored universe and 87th percentile within Consumer. 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
11 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
83rd percentile
overall median 67 · Consumer: 87th pctile, median 66 · Small: 86th pctile, median 66
Evidence depth
Financial-only
11 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
Can support position sizing if valuation and trend also agree.
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
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 72.4%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 9.4%.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Profit margin is 1.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Mangalam Global Enterprise Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 8 Sep - Board approved appointment of two independent directors and postal ballot notice on September 8, 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 20 Aug - Board appointed Darshak Mehta as CEO of NEAT EVERYDAY, effective September 1, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep - Mangalam Global Enterprise Limited has informed regarding Newspaper Advertisements for Notice of Postal Ballot.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 5 Aug - Acuite assigned BBB+ stable and A2 ratings to ₹279 crore bank facilities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Aug - Mangalam Global Enterprise Limited has informed about Copy of Newspaper Publication for Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ....
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 2d - Board approved MD designation change, July 27 AGM, July 17 record date, and debt-to-equity enabling resolution.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jul - Mangalam Global Enterprise Limited has informed regarding the submission of copy of the newspaper advertisements confirming the dispatch of the Notice of the 16th Annual …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Jul - Mangalam Global launches NEAT Everyday wellness brand, opens three Mumbai stores, targets 100 stores in two years.
Source: Bse
Announcement
Announcement Under Regulation 30 (LODR)-Authorization Under Regulation 30(5) Of SEBI (LODR) 2015. 30 Jun - Company updated authorized KMPs and directors for materiality determination and stock exchange disclosures.
Source: Bse
AnnouncementQ4 2026
Q4 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Apr - MGEL reported Q4 FY26 PAT up 140% and FY26 PAT of ₹45.22 crore.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.