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What is the MANGAL ELECTRICAL IND L (MEIL) share price today?

MANGAL ELECTRICAL IND L (MEIL) is trading at ₹297.65 on the NSE, down 0.53% on the day. Source: DocStoX.

What is the PE ratio of MANGAL ELECTRICAL IND L?

MANGAL ELECTRICAL IND L has a price-to-earnings (PE) ratio of 12.9 in the Capital Goods sector.

What is the market capitalisation of MANGAL ELECTRICAL IND L?

MANGAL ELECTRICAL IND L has a market capitalisation of approximately ₹819 crore.

MANGAL ELECTRICAL IND L

MEIL·NSE·Capital Goods

₹297.65▼ -1.60 (-0.53%)

Capital Goods · Other Electrical Equipment

Debt-free and consistently profitable

Day₹296.40

₹302.00

52W₹206

₹57425%

Open

₹299.25

High

₹302.00

Low

₹296.40

Prev Close

₹299.25

Volume

12.5K

VWAP

₹298.51

Snapshot

Key fundamentals

Market Cap

₹819 Cr

P/E Ratio

12.90Cheap

P/B Ratio

1.40

EPS

₹23.08

Book Value

₹213.67

ROE

29.17%Strong

ROCE

30.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.08Low

Face Value

₹10.00

52W High

₹573.70

52W Low

₹206.26

Sector

Capital Goods

Industry

Other Electrical Equipment

Buy

Narrow moatMedium uncertainty

Fair value estimate

₹428

▲ 44.0%upside

Trading at ₹298 — 44% below our estimate

BearFair valueBull

₹333₹428₹493

/100

Business quality — Solid

Growth 0Profitability 68Efficiency 50Valuation 94

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet
Fundamental red flags (Piotroski 3/9)

Strengths

Virtually debt-free balance sheet
Strong returns on equity (29%)
Capital is working hard (ROCE 30%)
Reasonably priced at 13× earnings

Risks

Fundamental red flags (Piotroski 3/9)

How we got there

Fair value methods

Residual income

29% ROE fading to 12% over ~10 yrs, on ₹214 book

₹455

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹333

Analyst target

No analyst coverage

—

Blended fair value₹428

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Strong returns on equity (29%)
Capital is working hard (ROCE 30%)
Reasonably priced at 13× earnings
Promoters hold a controlling stake

Bear case

Fundamental red flags (Piotroski 3/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

12.9Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

29.2%Strong

Above 15% is considered healthy for Indian equities

ROCE

30.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.08Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹819 Cr

P/B

1.40

EPS

₹23.08

Div Yield

—

What changed

Recent changes

Foreign investors-0.9% stake last quarter
Domestic institutions-0.1% stake last quarter

What matters

News impact

Overview

Valuation

Attractive

P/E 12.9×

Growth

Strong

+18% rev CAGR

Profitability

Excellent

29.2% ROE

Financial health

Rock solid

D/E 0.08

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹37.19L Cr

Trades251

VWAP₹298.51

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+17.9%

+36.8%

10Y

—

Profit

+20.0%

+112.3%

10Y

—

EPS

—

10Y

—

Profile

Pros

Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 109% CAGR over last 5 years

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Debtor days have increased from 95.5 to 129 days.
Working capital days have increased from 119 days to 225 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Foreign investors sold 0.91 pts; domestic institutions reduced 0.13 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

75%

Promoter

Promoters

74.8%0.00

Public

19.6%+1.07

FII / FPI

1.3%-0.91

DII

4.3%-0.13

Quarterly trend

Ownership over time

Q1 FY27

Promoter74.79%

FII1.28%

DII4.30%

Public19.65%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2008, Mangal Electrical Industries Ltd manufactures and supplies different transformer components.[1]