Mangalam Worldwide Reports Q1 FY27 Results; Profit After Tax Jumps 18.71% YoY

Mangalam Worldwide Reports Q1 FY27 Results; Profit After Tax Jumps 18.71% YoY​

Mangalam Worldwide Limited (MWL), a leading fully integrated stainless steel manufacturer, has announced its financial results for the quarter ended June 30, 2026. The company reported strong consolidated growth in Q1 FY27, driven by increased revenue and operational efficiency across domestic and international markets.

Consolidated Total Income stood at ₹316.85 crore, reflecting a 13.40% year-on-year (YoY) increase compared to the ₹279.41 crore reported in Q1 FY26. Furthermore, MWL recorded a Profit After Tax (PAT) of ₹12.02 crore, marking an 18.71% YoY rise from ₹10.13 crore in the previous fiscal year's first quarter.

Adjusted EBITDA for the period was reported at ₹29.72 crore, demonstrating robust operational leverage and registering a significant growth of 50.74% compared to the ₹19.72 crore recorded in Q1 FY26.

The key financial highlights for Mangalam Worldwide Limited (consolidated) are summarized below:

Operational Strategy and Market Focus​

MWL continues to enhance its manufacturing capabilities while focusing on diverse product offerings and addressing evolving customer requirements across various sectors. The company remains committed to supplying high-quality stainless steel products, capitalizing on sustained demand from key end-use markets including the automotive, engineering, and infrastructure industries. With a diversified portfolio, MWL is well-positioned to strengthen its presence in both domestic and international markets.

The operations of Mangalam Worldwide Limited span four plants located across Halol (Unit I), Changodar (Unit II), and Kapadvanj (Unit III & IV) in Gujarat. These facilities support the production of seamless pipes and tubes, SS billets, ingots, flat bars, round bars, and bright bars, boasting a total installed capacity exceeding 1,90,000 MTPA.

Renewable Energy Integration Noted​

Commenting on the performance, Mr. Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, noted that the results reflect steady progress in executing the company's growth strategy. He highlighted a significant step toward sustainable operations: "The Company recently commissioned a 10.4 MW ground-mounted solar installation, adding to our existing 1.2 MW rooftop solar capacity and taking our total solar installations to 11.6 MW."

Mr. Mangal concluded by emphasizing the company's commitment to expanding its footprint in value-added stainless steel segments and pursuing opportunities that will enhance market reach and competitive standing.

Mangalam Worldwide Limited, established in 1995, is a fully integrated manufacturer with over 750 employees. The company’s operations range from scrap melting to the production of specialized products such as heat exchanger tubes and U-tubes.

MWL Stock Price Movement​

Today, Mangalam Worldwide Limited shares edged higher to close at ₹36.00, gaining 0.98% in post-market trading. The stock saw significant activity during the day, with 250,421 shares traded.