IP
IndiaPulse

Manglam Infra & Engineering Ltd. (MIEL)

SME Cap

Services stocks · SME cap · NSE

Manglam Infra & Engineering Ltd. operates in Infrastructure, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹11.85
-0.45 · -3.66%
Quote04 Sept, 03:32 pm IST
Fundamentals23 Aug 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.5 (n=141)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
FAIR VALUE
57

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

Trust
Mixed Trust
63

low confidence · 0/0 claims checked

Technical
Bearish
32

Timing lens: price trend and sector relative strength.

Result consistency
weak
45

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Average · 30/100

YoY data unavailable — classification deferred

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹21.9 CrNDF+68.0%
EBITDA₹2.9 Cr+366.1%+21.9%
Operating margin13.2%+1099 bps-500 bps
PAT₹1.6 CrNDF+8.8%
PAT margin7.3%+768 bps-398 bps

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

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Manglam Infra & Engineering Ltd. operates in Infrastructure, within the Services 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 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

32Bearish

full bear SMA stack · SMA20 -4.0% / mo · MACD − · near 52W low

Stock trend: 20
Sector RS: 51
Sector 3M: -1.2% vs Nifty -1.5%

Technical chart

MIELdaily · 1Y · AUTO-18.0%
Latest close ₹11.85 on 2026-09-04
Bar
+0.9%
RSI
41
MACD hist
-0.02
52W pos
6%
2026-09-04O ₹11.75H ₹12.10L ₹11.70C ₹11.85Vol 16,000 sh
₹10.32₹12.39₹14.45₹16.51₹18.5752L11.852026-03VolRSIMACD2026-032026-042026-052026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 41.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~4.1% over last month) — short-term momentum negative.
  • RSI(14) at 41 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 62% off 52W high · 11% 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.

Valuation & score drivers

U-Score 57 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor

57U-SCORE
Deep Value

Fundamental score breakdown

FAIR VALUE
Valuation30/30
Growth16/25
Quality0/20
Balance Sheet12/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
-7
Raw sum
57

Why this score?

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

57/100 · FAIR VALUE

Positive drivers

  • FCF yield is supportive at 4.9%.
  • Fair-value margin of safety is positive at 51.5%.
  • Valuation contributes 30/30 to the score.

Main drags

  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
  • Cash flow is weaker at 3/10; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
6.8
PB
0.5
EV/EBITDA
3.4
ROE
6.8%
ROCE
9.5%
FCF Yield
4.9%
Debt/Equity
0.1
MoS
+51.5%
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: 05 Sept 2026
v4.3-runtime-valuation
Final score
57
Previous: 57
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+51.5%
Previous: +51.5%

Score history

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

05 Sept 2026
v4.3-runtime-valuation
57
57
56
56
56
57
56
56
56
56
57
57

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
₹32.82
+63.9% MoS
Growth-justified P/E
13.7
Growth-justified Value
₹24.46
+51.5% MoS
PEG
0.75

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
63Mixed Trust · 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.

Mixed Trust: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 40th percentile within Services. Main check: cash conversion is weak at 38/100.

Healthy Trust Lite: Promoter holding is 72%. Key concern: Operating cash flow is negative at ₹-7 Cr.

Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
38th percentile

overall median 67 · Services: 40th pctile, median 66 · SME: 45th pctile, median 64

Evidence depth
Financial-only

0 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

Mixed Trust · 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
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
86
strong · holding, pledge, alignment
Cash flow
38
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
45
watch · quarterly consistency

Trust positives

  • Promoter holding is 72%.
  • Promoter pledge is zero.
  • FCF yield is positive at 4.9%.
  • Debt/equity is 0.06.

Trust risks

  • Operating cash flow is negative at ₹-7 Cr.
  • Only 1 years of positive FCF.
  • ROE is low at 6.9%.
  • OPM spread across recent quarters is 23.6%.

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

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
6.78
P/B
0.45
EV/EBITDA
3.43
Market Cap
21.30Cr

Profitability

ROE
6.85%
ROCE
9.50%
ROA
5.08%
Dividend Y

Growth (CAGR)

Revenue 5Y
55.75%
EPS 5Y
5.82%
Revenue 3Y
14.00%
EPS 3Y
14.00%

Balance Sheet

Debt/Equity
0.06
Interest Coverage
9.40×
Altman Z
2.69
Book Value
26.90

Cash Flow

FCF Yield
4.93%
FCF Positive Y
1/5
OCF
-6.77 Cr
EPS TTM
1.78

Shareholding

Promoter Hold
71.97%
Promoter Pledge
0.00%
Momentum 52W
6%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Services, ranked by similarity

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