Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol MWL
MSEI Symbol NOTLISTED
ISIN INE0JYY01011
Name of company MANGALAM WORLDWIDE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 17-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Single segment
Description of single segment STEEL
Start date and time of board meeting 17-10-2025   15:00:00
End date and time of board meeting 17-10-2025   15:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 31,711.03 59,284.22
Other income 140.90 508.30
Total income 31,851.93 59,792.52
2 Expenses
(a) Cost of materials consumed 25,859.48 49,862.63
(b) Purchases of stock-in-trade 202.77 761.82
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,215.69) (4,112.63)
(d) Employee benefit expense 910.36 1,770.79
(e) Finance costs 927.23 1,670.37
(f) Depreciation, depletion and amortisation expense 260.91 503.01
(f) Other Expenses
1 Other Expenses 3,872.08 7,315.25
Total other expenses 3,872.08 7,315.25
Total expenses 30,817.14 57,771.24
3 Total profit before exceptional items and tax 1,034.79 2,021.28
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,034.79 2,021.28
6 Tax expense
7 Current tax 0.20 0.60
8 Deferred tax (20.91) (47.63)
9 Total tax expenses (20.71) (47.03)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,055.50 2,068.31
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,055.50 2,068.31
17 Other comprehensive income net of taxes 190.47 127.94
18 Total Comprehensive Income for the period 1,245.97 2,196.25
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,054.43 2,066.19
Total profit or loss, attributable to non-controlling interests 1.07 2.12
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,244.90 2,194.13
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1.07 2.12
21 Details of equity share capital
Paid-up equity share capital 2,970.07 2,970.07
Face value of equity share capital 10 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 3.55 6.96
Diluted earnings (loss) per share from continuing operations 3.55 6.96
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.55 6.96
Diluted earnings (loss) per share from continuing and discontinued operations 3.55 6.96
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

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 and half year ended 30th September, 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors, at their respective meetings held on Friday, 17th October, 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). 2.Following subsidiary company has been considered in the preparation of the consolidated financial statements/results for the quarter ended 30th September, 2025. Name of entity Relationship Country of incorporation % of Holding Mangalam Saarloh Private Limited Subsidiary India 60.00 MWL Multicomm Private Limited (w.e.f. 01st January, 2025) Wholly Owned Subsidiary India 100.00 3.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. 4.The Equity Shares of the Company were listed and admitted to dealings on the Main Board of National Stock Exchange of India Ltd (NSE) w.e.f. 18th September, 2025 pursuant to their migration from the SME Emerge platform (SME) to the Main Board of NSE. 5.The Board of Directors of the holding company, on 30th April, 2025, had recommended a dividend of Rs. 0.20/- (Twenty Paisa only) per share for the financial year ended 31st March, 2025, which had been approved by the shareholders in the 29th Annual General Meeting held on 4th August, 2025. Accordingly, Rs. 59.40 Lakhs (Rs. 54.16 Lakhs net of TDS) were appropriated as distribution of dividend to equity shareholders during the half year ended on 30* September, 2025. 6.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 statutory and regulatory approvals, with effect appointed date *. On amalgamation of MSPL with the Company, Inter alia: -All assets and liabilities of MSPL will be transferred to the Company -The 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 The 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). The 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. * 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. 7.The above unaudited consolidated financial results are available at the Company’s website www.mangalamworldwide.com and on the website of the stock exchange www.nseindia.com. 8.Previous year’s / period’s figures have been regrouped / rearranged / reclassified / recasted wherever considered necessary, to make them comparable.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 9,472.48
Capital work-in-progress 343.21
Investment property 0.00
Goodwill 12.39
Other intangible assets 4.48
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 3,691.43
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 67.93
Total non-current financial assets 3,759.36
Deferred tax assets (net) 0.00
Other non-current assets 190.84
Total non-current assets 13,782.76
2 Current assets
Inventories 35,601.43
Current financial asset
Current investments 0.00
Trade receivables, current 20,083.71
Cash and cash equivalents 280.00
Bank balance other than cash and cash equivalents 1,310.21
Loans, current 1,311.07
Other current financial assets 419.79
Total current financial assets 23,404.78
Current tax assets (net)
Other current assets 4,451.44
Total current assets 63,457.65
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 77,240.41
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,970.07
Other equity 24,756.91
Total equity attributable to owners of parent 27,726.98
Non controlling interest 576.24
Total equity 28,303.22
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,689.39
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 14.00
Total non-current financial liabilities 1,703.39
Provisions, non-current 216.42
Deferred tax liabilities (net) 793.93
Deferred government grants, Non-current 0.00
Other non-current liabilities 253.05
Total non-current liabilities 2,966.79
Current liabilities
Current financial liabilities
Borrowings, current 20,249.77
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2,155.93
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8,081.46
Total Trade payable 10,237.39
Other current financial liabilities 15,028.44
Total current financial liabilities 45,515.60
Other current liabilities 129.51
Provisions, current 325.29
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 45,970.40
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 48,937.19
Total equity and liabilites 77,240.41
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated 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

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated 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 25453000 17097000
Total Amount of items that will not be reclassified to profit and loss 254.53 170.97
2 Income tax relating to items that will not be reclassified to profit or loss 64.06 43.03
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 0.00 0.00
5 Total Other comprehensive income 190.47 127.94



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,021.28
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,670.37
Adjustments for decrease (increase) in inventories (7,413.61)
Adjustments for decrease (increase) in trade receivables, current (3,394.65)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (2,425.03)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 802.43
Adjustments for other financial assets, current (7.31)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (1,050.26)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 37.68
Adjustments for increase (decrease) in other non-current liabilities 232.16
Adjustments for depreciation and amortisation expense 456.08
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 46.94
Adjustments for provisions, current 121.34
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 9,160.79
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 2.36
Adjustments for interest income 126.67
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1.15)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 85.85
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (1,807.40)
Net cash flows from (used in) operations 213.88
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 62.33
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 151.55
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment (557.91)
Purchase of property, plant and equipment 0.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets (0.61)
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 50.00
Purchase of other long-term assets 794.76
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 385.24
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 2.36
Interest received 125.55
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (790.13)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 55.09
Repayments of borrowings (2,761.09)
Payments of lease liabilities 57.79
Dividends paid 59.40
Interest paid 1,806.25
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 892.74
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 254.16
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 254.16
Cash and cash equivalents cash flow statement at beginning of period 25.84
Cash and cash equivalents cash flow statement at end of period 280.00