Mangalam Worldwide Ltd. · NSE:MWL
Mangalam Worldwide — Q2 FY27 Earnings Presentation
46 slides from Mangalam Worldwide's earnings presentation, Oct 16, 2026
Slide 1: Exchange filing cover letter
Ref: MWL/CS/SE/2026-27/166 Date: October 16, 2026 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G, Department of Corporate Services Bandra Kurla Complex, Bandra, Phiroze Jeejeebhoy Towers, Mumbai-400 051. Dalal Street, Mumbai- 400001 NSE Symbol: MWL Scrip Code:
Slide 2: Q2 FY27 Investor Presentation
Q2 FY27 InvestorPresentation www.mangalamworldwide.com
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Mangalam Worldwide Limited ("MWL") solely for information purposes and is intended for general information only. It does not constitute, and should not be construed as, an offer, invitation, recommendation or solicitation to purchase or subscribe for
Slide 4: Table of Content
Table of Content Chapter - 1 Q2 FY27 Financial Highlights 4 Chapter - 2 Company Overview 17 Chapter - 3 Business Overview 24 Chapter - 4 Management Overview 31 Chapter - 5 Industry Overview 34 Chapter - 6 Historical Key Financial Highlights 37 Chapter - 7 The Way Forward 42 3 of 45 www.mangalamworld
Slide 5: Chapter 1 Q2 FY27 Financial Highlights
Chapter - 1 Q2 FY27 Financial Highlights
Slide 6: Management Commentary On Q2 FY27 Financial Performance
Management Commentary On Q2 FY27 Financial Performance FY27 has begun on a strong note for Mangalam Worldwide, marked by robust financial performance and significant strategic milestones. During the first quarter, the Company achieved the landmark distinction of being listed on both the NSE and BSE Mai
Slide 7: Q2 FY27 Consolidated Performance Highlights
Q2 FY27 Consolidated Performance Highlights Q2 FY27 Y-o-Y Q2 FY27 Key Takeaways Revenue Revenue growth: Total income up 13.4% YoY to ₹361.06 Cr, led by higher volumes across long and tubular products. ₹ 361.06 Crores 13.4% Margin expansion: EBITDA up 80.7% YoY to ₹40.17 Cr; EBITDA margin improved 41
Slide 8: H1 FY27 Consolidated Performance Highlights
H1 FY27 Consolidated Performance Highlights H1 FY27 Y-o-Y H1 FY27 Key Takeaways Revenue Revenue growth: Total income up 13.4% YoY to ₹677.91 Cr, led by higher volumes across long and tubular products. ₹ 677.91 Crores 13.4% Margin expansion: EBITDA up 66.6% YoY to ₹69.89 Cr; EBITDA margin improved 32
Slide 9: Q2 FY27 Consolidated Profit & Loss Statement
Q2 FY27 Consolidated Profit & Loss Statement In ₹ Cr Particulars Q2 FY27 Q2 FY26 Growth in % Revenues from Operations 360.40 317.11 Other Income 0.66 1.41 Total Income 361.06 318.52 13.4 Raw Material Expenses 262.44 248.47 Employee costs 10.06 9.10 Other expenses 48.39 38.72 Total Expenditure 320.89
Slide 10: Q2 FY27 Consolidated Key Financial Highlights
Q2 FY27 Consolidated Key Financial Highlights Total Income Total Revenue EBITDA PAT EPS (FV=1) Export EBITDA Margin PAT Margin Export % 17.69% 3.83% 11.13% 361.06 13.82 4.91% 3.31% 6.98% 40.17 318.52 10.56 22.23 63.86 0.47 14.04 0.36 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Al
Slide 11: H1 FY27 Consolidated Profit & Loss Statement
H1 FY27 Consolidated Profit & Loss Statement In ₹ Cr Particulars H1 FY27 H1 FY26 Growth in % Revenues from Operations 676.62 592.84 Other Income 1.29 5.08 Total Income 677.91 597.93 13.4 Raw Material Expenses 498.37 465.12 Employee costs 19.75 17.71 Other expenses 89.89 73.15 Total Expenditure 608.02
Slide 12: H1 FY27 Consolidated Key Financial Highlights
H1 FY27 Consolidated Key Financial Highlights Total Income Total Revenue EBITDA PAT EPS (FV=1) Export EBITDA Margin PAT Margin Export % 13.75% 3.81% 677.91 10.31% 4.32% 25.84 3.46% 7.02% 69.89 597.93 93.23 20.68 41.95 0.87 25.84 0.70 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Q2 FY26 Q2 FY27 Al
Slide 13: Q2 FY27 Standalone Profit & Loss Statement
Q2 FY27 Standalone Profit & Loss Statement In ₹ Cr Particulars Q2 FY27 Q2 FY26 Growth in % Revenues from Operations 360.40 317.11 Other Income 0.66 1.41 Total Income 361.06 318.52 13.4 Raw Material Expenses 262.44 248.47 Employee costs 10.06 9.10 Other expenses 48.63 38.97 Total Expenditure 321.13 29
Slide 14: Q2 FY27 Standalone Key Financial Highlights
Q2 FY27 Standalone Key Financial Highlights Total Income Total Revenue EBITDA PAT EPS (FV=1) Export EBITDA Margin PAT Margin Export % 17.69% 3.83% 11.06% 361.06 13.83 4.41% 3.31% 6.90% 39.93 318.52 10.53 63.86 21.98 0.47 14.04 0.36 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 All
Slide 15: H1 FY27 Standalone Profit & Loss Statement
H1 FY27 Standalone Profit & Loss Statement In ₹ Cr Particulars H1 FY27 H1 FY26 Growth in % Revenues from Operations 676.62 592.84 Other Income 1.29 5.08 Total Income 677.91 597.93 13.4 Raw Material Expenses 498.70 465.12 Employee costs 19.75 17.71 Other expenses 90.37 73.64 Total Expenditure 608.82 5
Slide 16: H1 FY27 Standalone Key Financial Highlights
H1 FY27 Standalone Key Financial Highlights Total Income Total Revenue EBITDA PAT EPS (FV=1) Export EBITDA Margin PAT Margin Export % 13.78% 3.77% 10.19% 677.91 25.58 4.32% 3.45% 6.93% 69.09 597.93 20.64 93.23 41.46 0.86 25.84 0.70 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 All
Slide 17: NCD Issue
NCD Issue 16 of 45 www.mangalamworldwide.com
Slide 18: Chapter 2 Company Overview
Chapter - 2 _ Company Overview
Slide 19: A Timeline Of Mangalam Group
| A Timeline Of Mangalam Group 1942 - The group business started by Late Shri Tejmal Ji Mangal at Beawar, Rajasthan (western part of india) 1962 - Anewbranch office was opened in Ajmer, a major city of Rajasthan. It was headed by Shri Om Prakash Mangal 1975 FP - One more branch office was opened in
Slide 20: Mangalam Worldwide @ Glance
Mangalam Worldwide @ Glance Established in 1995, Mangalam Worldwide Limited (MWL) is one of India’s leading fully integrated stainless steel manufacturers, with operations spanning the complete value chain 27+ 3 1,90,000+ from scrap melting to the production of value-added stainless steel long produ
Slide 21: Guiding Principles: Our Vision, Mission & Values
Guiding Principles: Our Vision, Mission & Values VISION To place strong emphasis on the consistent and reliable quality of our products and services. Company’s core values include a commitment to safety, harmony, innovation, and an ongoing dedication to continuous improvement. MISSION To achieve and
Slide 22: Recognized For Excellence: Our Certifications & Awards
Recognized For Excellence: Our Certifications & Awards At Mangalam Worldwide, we focus on building excellent products that are subject to stringent quality standards. Our sound infrastructure coupled with our zero tolerance quality policies help us manufacture products of high value, which have criti
Slide 23: ADNOC
ADNOC 22 of 45 www.mangalamworldwide.com
Slide 24: Marquee Clients In Focus
Marquee Clients In Focus 23 of 45 www.mangalamworldwide.com
Slide 25: Chapter 3 Business Overview
Chapter - 3 Business Overview
Slide 26: State of the Art Manufacturing Facilities
State of the Art Manufacturing Facilities Halol (Unit-I) Changodar (Unit-II) Melting Shop Rolling Mill 66,000 28,328 sq. mt. along with 90,000 3,821 sq. mt. along with metric tonnes construction, including factory sheds & metric tonnes construction, including factory sheds & Manufacturing building,
Slide 27: State of the Art Manufacturing Facilities
State of the Art Manufacturing Facilities Kapadvanj (Unit-III) Kapadvanj (Unit-IV) Bright Bar Unit Seamless Pipes & Tubes Unit 18,000 16,800 metric tonnes metric tonnes Per Annum Per Annum Products Products Stainless Steel Bright Bars Stainless Steel Seamless Pipes - 200 Series | 300 Series | 400 Se
Slide 28: Renewable Energy Integration
Renewable Energy Integration As part of its long-term sustainability strategy and commitment to operational excellence, Mangalam Worldwide Limited (MWL) has significantly expanded its renewable energy capacity to support its manufacturing operations. Following the successful commissioning of a 10.4 M
Slide 29: Triple Radius Continuous Casting machine
Continuous Casting Machine At MWL, investing in technology means investing in what our customers can achieve. Our Halol plant has been upgraded with a new 9 | 13.5 | 27 metre Triple Radius Continuous Casting machine replacing our earlier 6/11 metre double-radius caster. Designed for crack-sensitive
Slide 30: Overview Of Product Portfolio
Overview Of Product Portfolio Stainless Steel Bright Bars Bright Bars, produced via peeling/cold draw processing, come in diverse grades and lengths up to 6.5 meters. They're finely polished with precise measurements to meet specific customer needs. Stainless Steel Flat & Angle Bars Precision-manufact
Slide 31: Overview Of Product Portfolio
Overview Of Product Portfolio Stainless Steel Seamless Pipes & Tubes Available across a wide range of stainless steel grades and international specifications, with custom grades and dimensions to meet diverse industrial requirements. Heat Exchanger Tubes Straight and U-bend tubes manufactured across
Slide 32: Chapter 4 Management Overview
Chapter - 4 Management Overview
Slide 33: Pioneering Spirits: Empowering Growth Through Leadership
Pioneering Spirits: Empowering Growth Through Leadership Mr. Vipin Prakash Mangal Mr. Chandragupt Prakash Mangal Mr. Chanakya Prakash Mangal Chairman | Experience : 38+ Years Managing Director | Experience : 9+ Years Director | Experience : 11+ Years Mr. Vipin Prakash Mangal, a Commerce graduate fro
Slide 34: Board Of Directors & KMPs
Board Of Directors & KMPs Mr. Vipin Prakash Mr. Chanakya Mr. Soham Raval Mangal Prakash Mangal Company Secretary & Chairman Mr. Chandragupt Director Mr. Mohit Agrawal Compliance Officer Prakash Mangal Whole Time Director & Managing Director Chief Financial Officer Mrs. Pritu Gupta Mrs. Varsha Biswaj
Slide 35: Chapter 5 Industry Overview
Chapter - 5 Industry Overview
Slide 36: Structural Growth Drivers Supporting India's Stainless Steel Industry
Structural Growth Drivers Supporting India’s Stainless Steel Industry Accelerating infrastructure development across sectors such as railways, urban infrastructure, transportation, and industrial projects is driving sustained demand for stainless steel applications. Growing requirements from enginee
Slide 37: Policy Support & Strategic Initiatives Driving Steel Sector Growth
Policy Support & Strategic Initiatives Driving Steel Sector Growth The Indian steel industry is increasingly adopting globally benchmarked Best Available Technologies (BAT) across modernisation and expansion projects to improve operational efficiency, productivity, and sustainability. The Government
Slide 38: Chapter 6 Historical Key Financial Highlights
Chapter - 6 Historical Key Financial Highlights
Slide 39: H1 FY27 Key Consolidated Financial Highlights
H1 FY27 Key Consolidated Financial Highlights Revenue (₹ Cr) EBITDA (₹ Cr) & EBITDA Margin (%) PAT (₹ Cr) & PAT Margin (%) Domestic Export 1148 97.84 50.14 1039 807 69.89 60.06 584 29.53 42.52 22.98 25.84 10.19% 4.10% 93 8.10% 2.80% 2.80% 3.77% 67 5.20% 5.60% 15 27 FY24 FY25 FY26 H1 FY27 FY24 FY25 F
Slide 40: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement In ₹ Cr Particulars H1 FY27 FY26 FY25 FY24 Revenues 676.62 1207.98 1060.71 818.11 Other Income 1.29 7.01 5.32 4.36 Total Income 677.91 1214.99 1066.03 822.47 Raw Material Expenses 498.37 934.82 837.23 634.95 Employee costs 19.75 35.32 28.54 18.18 Other
Slide 41: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet In ₹ Cr Assets H1FY27 FY26 FY25 FY24 Equities & Liabilities H1FY27 FY26 FY25 FY24 Non Current Assets Equity 29.70 29.70 29.70 26.00 Fixed assets 162.27 107.47 95.28 100.95 Reserves 302.05 269.99 226.22 154.38 Non Current Investments 49.13 33.26 35.32 7.00 Non Co
Slide 42: Stock Data
Stock Data As on 30-09-2026 Stock Information Shareholding Pattern NSE/BSE Code MWL/544764 ISIN INE0JYY01029 Share Price ₹ 43.38(30 Sept ’26) Market Capitalization ₹ Cr 1288 33.50% Promoter & Promoter Group No. of Share Outstanding 29.70 Crores 66.50% Public Face Value ₹ 1 52 Week High ₹ ₹48 52 Week
Slide 43: Chapter 7 The Way Forward
Chapter - 7 _ The Way Forward
Slide 44: Key Competitive Advantages
Key Competitive Advantages Integrated Fully integrated operations from scrap melting to value-added stainless steel products enable greater cost efficiency, quality control, and operation Manufacturing flexibility, while ensuring zero processing waste through the recycling and Platform reuse of all m
Slide 45: Investment Rationale
Investment Rationale Enhanced Financial Stability Net worth grew from ₹139.69 Cr in FY23 to ₹305.48 Cr in FY26. Improving Profitability EBITDA rose from ₹20.92 Cr in FY23 to ₹97.84 Cr in FY26. Growth Potential PAT increased from ₹17.58 Cr in FY23 to ₹50.14 Cr in FY26. Company has in-house Manufacturi
Slide 46: Around the World, Exporting to 20+ Countries
Around the World, Exporting to 20+ Countries Scan QR for Website Manufacturing Facilities Halol, Gujarat Changodar, Gujarat Kapadvanj, Gujarat Corporate House 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad - 380009 Gujarat, India +91 79 6161 5000