Mangal Electrical Industries Ltd (MEIL) Share Price & Fundamentals

What we do

Mangal Electrical Industries Ltd manufactures transformer components, CRGO/CRNO coils, amorphous cores, transformers, and provides EPC services for power infrastructure.

Founded in

1,989

Market share

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Problem solved

Supplies essential electrical components and customized transformers to support power infrastructure development.

Top clients or who we serve

B2B clients in power infrastructure sector including electrical utilities and transformer manufacturers.

Key management

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Our journey and innovations

Started as a partnership in 1989; became public in 2024; merged Dynamic Powertech in 2023; expanded production capacities extensively.

Where we operate

Primarily India with production facilities in Rajasthan.

Top products or what we offer

Transformer laminations, CRGO slit coils, amorphous cores, transformers (5 KVA to 10 MVA), oil immersed circuit breakers, and EPC services.

Top brands

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Raw materials needed

CRGO and CRNO coils, amorphous ribbons, electrical grade steel laminations.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is driven by industrial and infrastructure projects, likely cyclical but essential for power sector growth.

Our industry position

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Financial highlights

FY2025 revenue Rs 549 crore; net profit Rs 47 crore; recently raised Rs 4000 crore via IPO.

Geographical revenue split

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Order book

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Whats driving growth

Infrastructure development, merger with Dynamic Powertech, and expansion in transformer manufacturing capabilities.

Our future plans

Capitalizing on IPO proceeds for capacity expansion and strengthening EPC services in power sector.

Our green promise

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Our people and values

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Key challenges ahead

Market cyclicality, raw material price volatility, and competitive industry landscape.

Interesting facts

Merged Dynamic Powertech in 2023; transitioned from partnership to public company by 2024.

Risks and strategy

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