Manglam Infra & Engineering Limited Approves Standalone Financial Results for March 31, 2026
Manglam Infra & Engineering Limited announced the approval of its audited standalone financial results, including the Statement of Assets and Liabilities as of March 31, 2026, and the Cash Flow Statement for the financial year ended March 31, 2026. The Board of Directors held its meeting on May 30, 2026, and took on record the independent auditor's report thereon.The company also confirmed that the utilization of proceeds from its Initial Public Offering (IPO) shows no deviation or variation for the half year and year ended March 31, 2026.
Financial Performance Highlights
The company's audited standalone financial results reveal the following key figures for the year ended March 31, 2026, compared to the previous year and corresponding half-year periods.Standalone Profit and Loss Account (Rs. in lacs)
| Particulars | Half Year ended 31.03.2026 (Audited) | Half Year ended 09.03.2025 (Unaudited) | Full Year Ended 31.03.2026 (Audited) | Full Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 2,186.23 | 1,300.69 | 3,486.92 | 4,518.16 |
| Other income | 54.39 | 62.64 | 117.03 | 107.19 |
| Total Revenue | 2,240.61 | 1,363.33 | 3,603.95 | 4,625.36 |
| Direct Consultancy Expenses | 1,038.10 | 229.01 | 1,267.12 | 2,498.08 |
| Employee benefits expense | 553.02 | 546.42 | 1,099.44 | 984.50 |
| Finance costs | 19.14 | 36.49 | 174.62 | 166.34 |
| Depreciation and amortization expense | 585.98 | - | 585.98 | 524.23 |
| Other expenses | 306.05 | 279.93 | - | - |
| Total expenses | 2,015.26 | 1,167.53 | 3,182.79 | 4,225.20 |
| Profit before tax | 225.35 | 195.80 | 421.16 | 400.16 |
| Income tax provision | 60.90 | 42.31 | 103.21 | 122.65 |
| Profit for the year | 159.83 | 154.06 | 313.89 | 293.25 |
| Earnings per equity share - Basic (Rs.) | 0.9083 | 0.8755 | 1.78 | 1.84 |
***
Standalone Balance Sheet as at 31st March, 2026
The company's financial position as of March 31, 2026, shows reserves increasing and long-term borrowings decreasing.
| Particulars | As at 31st March, 2026 (Rs. in lacs) | March, 2025 (Rs. in lacs) |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Shareholder's Fund (a) Share Capital | 1,759.67 | 1,759.67 |
| (b) Reserve & Surplus | 2,980.72 | 2,666.83 |
| Long Term Borrowings | 84.82 | 157.68 |
| Deferred Tax Liabilities (net) / Other Long Term Liabilities | 107.54 | 103.58 |
| Short Term Borrowings | 176.03 | 347.30 |
| Trade Payables (Micro/Small Enterprise) | 483.90 | 823.56 |
| Trade Payables (Creditors other than Micro/Small Enterprise) | 0.97 | 45.76 |
| Other Current Liabilities | 480.61 | 404.60 |
| Short Term Provisions | 103.21 | 122.65 |
| TOTAL LIABILITIES | 6,177.47 | 6,431.62 |
| ASSETS | ||
| Property, Plant & Equipment | 922.68 | 593.63 |
| Intangible Assets | 53.23 | 68.38 |
| Capital Work In Progress | - | 264.89 |
| Deferred Tax Assets (net) | 23.67 | 27.72 |
| Long Term Loans & Advances | 758.24 | - |
| Cash and Bank Balances | 13.38 | 22.70 |
| Short Term Loans & Advances | 827.47 | - |
| TOTAL ASSETS | 6,177.48 | 6,431.62 |
***
Cash Flow Statement for the Year Ended March 31, 2026
The cash flow statement details the movement of cash across operating, investing, and financing activities.
| Particulars | For the year ended March 31, 2026 (Rs. in lacs) | For the year ended March 31, 2025 (Rs. in lacs) |
|---|---|---|
| Net Cash flow from operating activities | (676.54) | (2058.61) |
| Cash flow from Investment activities | 781.64 | (400.83) |
| Net Cash Flow from Financing Activities | (114.42) | 2432.88 |
| Net change in Cash & Cash Equivalent | (9.32) | (26.56) |
| Opening Cash & Cash Equivalent | 22.70 | 49.25 |
| Closing Cash & Cash Equivalent | 13.38 | 22.70 |
Audit and Fund Utilization Status
The company reported that its statutory auditor issued an Audit Report with an unmodified opinion on the Audited Standalone Financial Results for the financial year ended March 31, 2026.A review of the utilization of IPO proceeds confirmed there was no deviation or variation in the use of funds raised.
The total funds raised amounted to 2,761.92 lakhs. The utilization details confirmed the intended use of proceeds across three main objects:
| Object | Original Allocation (Rs. in Lakhs) | Funds Utilized till 31.03.2026 (Rs. in Lakhs) |
|---|---|---|
| To meet the working capital requirements | 1,935 | 1,935 |
| General corporate purposes | 496.87 | 496.87 |
| Issue Expenses | 330.05 | 323.54 |
| Total | 2,761.92 | 2,755.41 |
The board also confirmed that the company has no subsidiaries or associate or joint venture companies, making consolidation of financial statements not applicable for the period under review. The trading window for dealing in the securities is scheduled to open on Tuesday, June 02, 2026, being 48 hours after the declaration of the financial results.
MIEL Stock Price Movement
On Friday, Manglam Infra & Engineering Limited shares edged higher to close at ₹16.05, gaining 3.88% for the session. The equity settled on a total traded volume of 4,000 shares, closing near its day's peak of ₹16.20.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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