What we do Mangalam Worldwide Ltd manufactures stainless steel products including billets, ingots, bars, pipes, and tubes, serving domestic and international steel markets with integrated infrastructure. |
Founded in 1,995 |
Market share Key player in Indian stainless steel manufacturing with growing export presence in Europe and Southeast Asia. |
Problem solved Provides high-quality stainless steel products meeting diverse industrial requirements with an integrated supply chain. |
Top clients or who we serve Supplies to industries across Rajasthan, Gujarat, Maharashtra, Uttar Pradesh; B2B steel market; exports to Brazil and other countries. |
Key management Vipin Prakash Mangal (Chairman & Managing Director), Chandragupt Prakash Mangal (Managing Director), Mohit Kailash Agrawal (Whole Time Director & CFO) |
Our journey and innovations Incorporated in 1995, underwent multiple name changes, listed on NSE and BSE main boards, expanded products to seamless pipes, and installed captive solar plants. |
Where we operate India with manufacturing units in Gujarat; exports to Brazil, Europe, and Southeast Asia. |
Top products or what we offer Stainless steel billets, ingots, flat and round bars, bright bars, seamless and ERW pipes under brands Mangalam Saarloh and Mangalam Tubicore. |
Top brands Mangalam Saarloh - renowned stainless steel brand; Mangalam Tubicore - seamless pipes brand launched in 2023. |
Raw materials needed Steel scrap, ferro alloys for stainless steel production. |
Raw materials supplier Details undisclosed; likely multiple local and international suppliers. |
Recurring vs cyclical contribution Revenue primarily from recurring manufacturing and trading operations with some cyclical raw material price impacts. |
Our industry position Growing presence in stainless steel with strong regional market share and expanding export footprint. |
Financial highlights Revenue Rs. 1,207.98 Cr in FY 2025-26; PAT Rs. 50.1 Cr showing ~14% revenue growth and ~70% PAT growth year-on-year. |
Geographical revenue split 95% revenue from India and 5% from exports to other countries. |
Order book - |
Whats driving growth Capacity expansions, brand diversification, export market growth, and sustainability initiatives. |
Our future plans Expand solar power capacity, increase bright bar production, acquire and integrate subsidiaries to scale operations. |
Our green promise Installed rooftop and ground-mounted solar plants aiming for reduced carbon footprint and energy cost optimization. |
Our people and values 509 employees; emphasis on safety, compliance, and inclusive work culture. |
Key challenges ahead Raw material price volatility, regulatory compliance, and global steel market competition. |
Interesting facts Successfully migrated from NSE Emerge to mainboard and listed on BSE mainboard recently. |
Risks and strategy Mitigates market risks through diversification, integration, quality focus, and ongoing technology upgrades. |
