General information about company |
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| Scrip Code | 000000 | ||
| NSE Symbol | MWL | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE0JYY01011 | ||
| Name of company | MANGALAM WORLDWIDE LIMITED | ||
| Type of company | SME | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 01-Aug-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 24-Jul-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Single segment | ||
| Description of single segment | STEEL | ||
| Start date and time of board meeting | 01-Aug-2025 16:00:00 | ||
| End date and time of board meeting | 01-Aug-2025 16:50:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable | ||
Financial Results Ind-AS |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 2757318000 | ||
| Other income | 36741000 | ||
| Total income | 2794059000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2400315000 | |
| (b) | Purchases of stock-in-trade | 55905000 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -289694000 | |
| (d) | Employee benefit expense | 86043000 | |
| (e) | Finance costs | 74315000 | |
| (f) | Depreciation, depletion and amortisation expense | 24211000 | |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 344316000 | 344316000 |
| Total other expenses | 344316000 | ||
| Total expenses | 2695411000 | ||
| 3 | Total profit before exceptional items and tax | 98648000 | |
| 4 | Exceptional items | 0 | |
| 5 | Total profit before tax | 98648000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 40000 | |
| 8 | Deferred tax | -2673000 | |
| 9 | Total tax expenses | -2633000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | 101281000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | |
| 16 | Total profit (loss) for period | 101281000 | |
| 17 | Other comprehensive income net of taxes | -6253000 | |
| 18 | Total Comprehensive Income for the period | 95028000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 101175000 | ||
| Total profit or loss, attributable to non-controlling interests | 106000 | ||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 94922000 | ||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 106000 | ||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 297007000 | ||
| Face value of equity share capital | 10 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 3.41 | ||
| Diluted earnings (loss) per share from continuing operations | 3.41 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.41 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.41 | ||
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
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| Textual Information(1) | 1. The above Unaudited Consolidated Financial Results of Mangalam Worldwide Limited (the “Holding Company”) and its subsidiaries (together referred to as the “Group”) for the quarter ended 30th June, 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors, at their respective meeting held on Thursday, 01st August, 2025. These results have been reviewed by the Statutory Auditors of the Company in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) (as amended). n n2. Following subsidiary company has been considered in the preparation of the consolidated financial statements/results for the quarter ended 30th June, 2025. n nName of entitytRelationshiptCountry of incorporationt% of Holding nMangalam Saarloh Private LimitedtSubsidiarytIndiat60.00 nMWL Multicomm Private Limited (w.e.f. 01st January, 2025)tWholly Owned SubsidiarytIndiat100.00 n n3. The company is mainly engaged into the business of manufacturing of Stainless Steel (SS) Billets, Ingots, Forged Roundbars, Forged Round Brightbars, Rolling of SS Flat & Round Bars, Brightbars & Seamless Pipes & Tubes, U – Bend Tubes and ERW Pipes also trading steel scrap and ferro alloys. The Company is carrying out the manufacturing with fully integrated infrastructure. Looking into the nature of business company, it is operating under single segment hence as per Ind AS – 108 – “operating segment” reporting is not applicable to Company. n n4. With reference to the Show Cause Notice (“SCN”) dated 29th January, 2025 received by the Company, Promoters / Directors and Others and the Company, Promoters / Directors and Others are in process to comply with the same and has filed a preliminary response along with the settlement application with the SEBI in March, 2025, further there has been no change in the status of the matter. n n5. The paid-up capital of the company has increased to Rs. 2,600.07 Lakhs from Rs. 2,450.07 lakhs pursuant to conversion of 15,00,000 Convertible Warrants out of 52,00,000 Convertible Warrants into 15,00,000 Equity Share of Rs 10/- (at a premium Rs 97/-) each as on 21st March, 2024. The company had received the listing and trading approval of said 15,00,000 Equity shares from NSE on 14th May, 2025 and 28th May, 2025, respectively. Further, the paid-up capital of the company has increased to Rs. 2,970.07 Lakhs from Rs. 2,600.07 lakhs pursuant to conversion of remaining 37,00,000 Convertible Warrants out of 52,00,000 Convertible Warrants into 37,00,000 Equity Share of Rs 10/- (at a premium Rs 97/-) each as on 03rd October, 2024. The company had received the listing and trading approval of said 37,00,000 Equity shares from NSE on 14th May, 2025 and 30th May, 2025, respectively. n n6. The above unaudited Consolidated Financial Results for the quarter ended on 30th June, 2025 has been prepared and presented in compliance with listing requirements as are made applicable to the companies listed on Main Board of NSE in view of Regulation 280(2) of the SEBI-ICDR Regulations as the paid up capital of the Company is beyond Rs. 25 Crores, though being listed on NSE-Emerge. n n7.The figures for the quarter ended 31st March, 2025, represent the balancing figures between the audited figures in respect of full financial year and the year-to-date figures up to the third quarter of the relevant financial year, which were subjected to limited review. n n8.The Board of Directors of the Company, in its meeting held on 25th April, 2023, considered and approved Scheme of Amalgamation of Mangalam Saarloh Private Limited (MSPL), (a sub swarm company) with the Company and their respective shareholders and creditors under Section 230 to 232 of the Companies Act, 2013 read with rules made thereunder (“Scheme”), subject to required n nstatutory and regulatory approvals, with effect appointed date *. On amalgamation of MSPL with the Company, Inter alia: n-tAll assets and liabilities of MSPL will be transferred to the Company n-tThe shareholders of MSPL will get 245 equity shares of the Company in exchange of every 100 equity shares of MSPL in proportion of their holding n nThe scheme shall be effective from the date on which the certify copy of order sanctioning the Scheme by Hon’ble National Company Law Tribunal (NCLT) will be filed with the Registrar of Companies (ROC). nThe Company has applied to National Stock Exchange of India Ltd (NSE) for In-principle approval/No-objection letter under regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015. At present, such approval is pending. After obtaining the said approval from the NSE, the Scheme will be filed with NCLT for further approval. n* Appointed Date” means 1st April, 2023, or such other date as may be directed by the NCLT and is the date with effect from which the Scheme shall upon sanction. n n9. The status of investor's complaints of the company during the quarter ended on 31st March, 2025 are as under: n nComplaints Pending at the beginning of the period (i.e., 01st January, 2025)tNIL nComplaints received during the period (i.e., during 01st January, 2025 to 31st March, 2025)tNIL nComplaints Disposed of during the period (i.e., during 01st January, 2025 to 31st March, 2025)tNIL nComplaints unresolved at the end of the period (i.e., 31st March, 2025)tNIL n n10.The above consolidated financial results are available at the Company’s website www.mangalamworldwide.com and on the website of the stock exchange www.nseindia.com. n n11.Previous year’s / period’s figures have been regrouped / rearranged / reclassified / recasted wherever considered necessary, to make them comparable. n | ||
Remarks |
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| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Consolidated | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Amount of items that will not be reclassified to profit and loss | -8356000 | -8356000 |
| Total Amount of items that will not be reclassified to profit and loss | -8356000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | -2103000 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0 | |
| 5 | Total Other comprehensive income | -6253000 | |