AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Sep - MWL empanelled as ADNOC-approved vendor on September 7, 2026.
Source: Bse
Mangalam Worldwide Limited (MWL)
Small CapIndustrials stocks · Small cap · NSE
Mangalam Worldwide Limited operates in Chemicals, 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, 03:51 pm ISTDetails
Quote21 Oct, 03:51 pm IST
Base fundamentals06 Oct 2026 · screener
Official result overlay30 Sept 2026 · nse-xbrl
Latest result15 Oct, 07:16 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 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
55NeutralSMA20 +6.3% / mo · MACD −
Stock trend: 61
Sector RS: 46
Sector 3M: -7.1% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MWLD candles · FIT view+28.0%TODAY · PROVISIONALLatest price ₹40.66 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-0.6%
RSI
47
MACD hist
-0.28
52W pos
73%
2026-10-21O ₹40.89H ₹40.89L ₹37.22C ₹40.66Vol 2.9L shIntraday candle
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
MWLNifty India ManufacturingNifty 500
- MWL
- +10.5%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +16.1 pp
Chart stats
19 Oct 2026- From 52W high
- -15.3%
- 52W range position
- 74%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.37x
- Avg traded value
- ₹2.7 Cr
- 20D price channel
- ₹38.5 - ₹45
₹48
₹20 - ₹48
₹2
Latest completed session
20-session average
35.7% annualized volatility
Research snapshot
What the evidence says now
Mixed 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 · FAIR VALUE55
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent80
Revenue +13.7% · PAT +25.7% YoY
Technical
Neutral55
Price trend and sector-relative-strength timing.
Valuation
Legacy model+44.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence72
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
Excellent · 80/100Rev +14% YoY · PAT +26% YoY · margin expansion · +14% QoQ · operating leverage
Filed 15 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹360.4 Cr | +13.7% | +14.0% |
| EBITDA | ₹39.3 Cr | +87.0% | +37.7% |
| Operating margin | 10.9% | +390 bps | +188 bps |
| PAT | ₹13.8 Cr | +25.7% | +17.6% |
| PAT margin | 3.8% | +37 bps | +12 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.49
- P/B
- 4.11
- EV/EBITDA
- 12.83
- Market Cap
- 1181.79Cr
Profitability
- ROE
- 18.00%
- ROCE
- 17.70%
- ROA
- 5.60%
- Dividend Y
- 0.07%
Growth (CAGR)
- Revenue 5Y
- 32.00%
- EPS 5Y
- 79.00%
- Revenue 3Y
- 23.00%
- EPS 3Y
- 54.00%
Balance Sheet
- Debt/Equity
- 0.79
- Interest Coverage
- 2.42×
- Altman Z
- 3.42
- Book Value
- 10.10
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- 24.00 Cr
- EPS TTM
- 1.85
Shareholding
- Promoter Hold
- 66.50%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 76%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1,207+13.9% vs prev
Net Profit
₹ CrLatest: 50.0+66.7% vs prev
Return on Equity
%Latest: 16.7+42.2% 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
NeutralTrend is undirectional — long-term uptrend intact. RSI 47.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~5.6% over last month) — short-term momentum positive.
- RSI(14) at 47 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 15% off 52W high · 92% 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
91
RS percentile
Stage 2 UptrendEstablished S2
1M return
-4.4%
3M return
+10.5%
6M return
+44.2%
1Y return
+75.2%
RS 1D
+2
RS 20D
0
Sector rank
#2
Industry rank
#9
Stage evidence
- Price is 11.6% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +6.0%.
- Both 3-month and 6-month returns are positive.
50-DMA
price below
200-DMA
price above
S2 entered
01 Apr 2026
S2 age
142 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 177.14+3.25%
RS vs Nifty 500177
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
FAIR_VALUE
Fundamental score breakdown
U band · FAIR VALUEValuation10/30
Growth20/25
Quality14/20
Balance Sheet7/15
Cash Flow1/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
55
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
55/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 44.1%.
- Growth contributes 20/25 to the score.
- Quality contributes 14/20 to the score.
Main drags
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Valuation is weaker at 10/30; verify the latest quarterly trend.
- Balance sheet is weaker at 7/15; 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
21.5
PB
4.1
EV/EBITDA
12.8
ROE
18.0%
ROCE
17.7%
FCF Yield
—
Debt/Equity
0.8
MoS
+44.1%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE. Earnings growth is much stronger than revenue growth; verify sustainability.
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
55
Previous: 55
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+44.1%
Previous: +44.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
55
55
55
55
55
58
58
55
55
55
55
55
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
₹20.5
-98.3% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹72.71
+44.1% MoS
PEG
0.31
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
OCCLLTD
Small
OCCL Limited
Specialty Chemicals
match 166
63
12.9
12.2%
+68%
UNDERVALUED
SRHHYPOLTD
Small
Sree Rayalaseema Hi-Strength Hypo Limited
Specialty Chemicals
match 164
71
9.4
10.5%
+69%
UNDERVALUED
TRANSPEK
Small
Transpek Industry Limited
Specialty Chemicals
match 164
55
18.8
6.1%
+49%
FAIR VALUE
KRONOX
Small
Kronox Lab Sciences Limited
Specialty Chemicals
match 164
58
26.7
26.8%
+34%
FAIR VALUE
MOL
Small
Meghmani Organics Limited
Specialty Chemicals
match 163
31
23.6
1.9%
-1349%
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 Worldwide Limited operates in Chemicals, 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 Sept 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
72Limited 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 69th percentile of the scored universe and 67th percentile within Industrials. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
19 docs text-extracted · 1 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
69th percentile
overall median 67 · Industrials: 67th pctile, median 68 · Small: 71st pctile, median 66
Evidence depth
Financial-only
19 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
86
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
84
strong · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 66.5%.
- ▸Promoter pledge is zero.
- ▸3/4 latest quarters had positive YoY revenue growth.
- ▸4/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Only 1 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Mangalam Worldwide 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 8 Sep - Mangalam Worldwide Limited has informed regarding Newspaper Advertisements of Notice of Postal Ballot.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Aug - Mangalam Worldwide reported ₹21.79 crore export turnover in July 2026, up from ₹5.76 crore.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Resignation of Director 4 Jul - Mrs. Sarika Sachin Modi resigned as Independent Director, effective July 4, 2026.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 2d - Board approved 30th AGM on July 30, 2026, dividend record date July 17, auditor appointment, debt conversion and NCD security changes.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 13 Jul - MWL commissioned 10.4 MW captive solar plant, raising total installed solar capacity to 11.6 MW.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Jul - Mangalam Worldwide Limited has informed regarding the submission of Copy of the newspaper advertisements confirming the dispatch of the Notice of the 30th Annual General …
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 6 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jul - The 30th Annual General Meeting of the Company will be scheduled on Thursday, July ....
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 12 Jun - Acuite reaffirmed bank loan ratings of A-/A2+ for ₹251 crore and assigned A+ for ₹100 crore NCDs.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.