Integrated Filing — IndAS



General information about company

Scrip Code 544492
NSE Symbol MEIL
MSEI Symbol NOTLISTED
ISIN INE0PKD01011
Name of company Mangal Electrical Industries 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 08-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-10-2025
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 Standalone
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 Other Electrical Equipment
Start date and time of board meeting 08-11-2025   12:00:00
End date and time of board meeting 08-11-2025   13:00:00
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 Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 11-12-2024
Indicate Company website link for updated RPT policy of the Company https://mangals.com/investor-relations/codes-and-policies.html
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No default on Loans and Debt Securities.



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 Standalone Standalone
1 Income
Revenue from operations 15,432.83 24,398.83
Other income 130.85 155.92
Total income 15,563.68 24,554.75
2 Expenses
(a) Cost of materials consumed 11,260.41 19,709.25
(b) Purchases of stock-in-trade 1,205.46 1,321.85
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (808.86) (2,786.40)
(d) Employee benefit expense 626.27 1,325.72
(e) Finance costs 398.79 792.69
(f) Depreciation, depletion and amortisation expense 133.91 254.65
(f) Other Expenses
1 Other Expenses 965.15 1,647.22
Total other expenses 965.15 1,647.22
Total expenses 13,781.13 22,264.98
3 Total profit before exceptional items and tax 1,782.55 2,289.77
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,782.55 2,289.77
6 Tax expense
7 Current tax 446.19 600.58
8 Deferred tax 6.19 (14.25)
9 Total tax expenses 452.38 586.33
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 1,330.17 1,703.44
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 1,330.17 1,703.44
17 Other comprehensive income net of taxes (0.21) (1.34)
18 Total Comprehensive Income for the period 1,329.96 1,702.10
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,763.01 2,763.01
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 5.96 7.78
Diluted earnings (loss) per share from continuing operations 5.96 7.78
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 5.96 7.78
Diluted earnings (loss) per share from continuing and discontinued operations 5.96 7.78
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



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 Standalone
Assets
1 Non-current assets
Property, plant and equipment 4,999.16
Capital work-in-progress 2,546.08
Investment property 0.00
Goodwill 0.00
Other intangible assets 21.27
Intangible assets under development 38.09
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 6,709.89
Total non-current financial assets 6,709.89
Deferred tax assets (net) 567.57
Other non-current assets 49.49
Total non-current assets 14,931.55
2 Current assets
Inventories 17,796.21
Current financial asset
Current investments 0.00
Trade receivables, current 15,174.03
Cash and cash equivalents 10,318.80
Bank balance other than cash and cash equivalents 6,964.50
Loans, current 0.00
Other current financial assets 131.83
Total current financial assets 32,589.16
Current tax assets (net) 0.00
Other current assets 2,834.69
Total current assets 53,220.06
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 68,151.61
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,763.01
Other equity 53,607.70
Total equity attributable to owners of parent 56,370.71
Non controlling interest
Total equity 56,370.71
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 211.57
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 0.00
Total non-current financial liabilities 211.57
Provisions, non-current 204.29
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 415.86
Current liabilities
Current financial liabilities
Borrowings, current 6,541.38
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 495.11
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,571.24
Total Trade payable 3,066.35
Other current financial liabilities 431.01
Total current financial liabilities 10,038.74
Other current liabilities 989.93
Provisions, current 162.40
Current tax liabilities (Net) 173.97
Deferred government grants, Current 0.00
Total current liabilities 11,365.04
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 0.00
Total liabilities 11,780.90
Total equity and liabilites 68,151.61
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 Standalone Standalone
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 Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 - Remeasurement Gains/(Losses) on Defined Benefit Plans -28000 -179000
Total Amount of items that will not be reclassified to profit and loss (0.28) (1.79)
2 Income tax relating to items that will not be reclassified to profit or loss (0.07) (0.45)
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
5 Total Other comprehensive income (0.21) (1.34)



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 Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,289.77
Adjustments for reconcile profit (loss)
Adjustments for finance costs 792.69
Adjustments for decrease (increase) in inventories (2,969.26)
Adjustments for decrease (increase) in trade receivables, current (2,354.63)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (720.66)
Adjustments for decrease (increase) in other non-current assets 285.86
Adjustments for other financial assets, non-current (5,357.04)
Adjustments for other financial assets, current (101.46)
Adjustments for other bank balances (6,964.50)
Adjustments for increase (decrease) in trade payables, current (584.75)
Adjustments for increase (decrease) in trade payables, non-current 133.52
Adjustments for increase (decrease) in other current liabilities (242.74)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 254.65
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 115.14
Adjustments for provisions, current (5.19)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 42.05
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
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 0.00
Other adjustments to reconcile profit (loss) (1.40)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (17,677.72)
Net cash flows from (used in) operations (15,387.95)
Dividends received 0.00
Interest paid 0.00
Interest received (150.81)
Income taxes paid (refund) 435.75
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (15,974.51)
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 2.03
Purchase of property, plant and equipment 3,023.50
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
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 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
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 0.00
Interest received 150.81
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (2,870.66)
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 38,071.33
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 0.00
Repayments of borrowings 8,158.63
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 792.69
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 29,120.01
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 10,274.84
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 10,274.84
Cash and cash equivalents cash flow statement at beginning of period 43.96
Cash and cash equivalents cash flow statement at end of period 10,318.80





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 A. Bafna & Co. Yes 30-04-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 25-08-2025
Amount Raised 40,000.00
Report filed for Quarter ended 30-09-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details

Name of signatory PAWAN MENDIRATTA
Designation of person Chief Financial Officer
Place JAIPUR
Date 08-11-2025




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mangal Electrical Industries Limited Rahul Mangal Chairman & Managing Director Remuneration Nil 90.00 0.00 0.00
2 Mangal Electrical Industries Limited Rahul Mangal Chairman & Managing Director Interest paid Nil 46.50 0.00 0.00
3 Mangal Electrical Industries Limited Rahul Mangal Chairman & Managing Director Loan Nil 3,457.00 (416.22) (6.53) Loan 0.00 1
4 Mangal Electrical Industries Limited Rahul Mangal Chairman & Managing Director Loan Nil (3,908.55) (416.22) (6.53) Loan 0.00 1
5 Mangal Electrical Industries Limited Aniketa Mangal Director Remuneration Nil 30.00 0.00 0.00
6 Mangal Electrical Industries Limited Mansi Agarwal Relative of KMP Remuneration Nil 12.00 0.00 0.00
7 Mangal Electrical Industries Limited Spriha Baid Relative of KMP Remuneration Nil 0.35 0.00 0.00
8 Mangal Electrical Industries Limited Adhyan Mangal Relative of KMP Remuneration Nil 0.50 0.00 0.00
9 Mangal Electrical Industries Limited Ompal Sharma Director Remuneration Nil 9.12 0.00 0.00
10 Mangal Electrical Industries Limited Sumer Singh Punia Director Remuneration Nil 7.28 0.00 0.00
11 Mangal Electrical Industries Limited Pawan Mendiratta Key Managerial Person Remuneration Nil 17.50 0.00 0.00
12 Mangal Electrical Industries Limited Balvinder Singh Guleri Key Managerial Person Remuneration Nil 7.62 0.00 0.00
13 Mangal Electrical Industries Limited Rahul Enterprises Managing Director is proprietor in the firm Any other transaction Rent received from Rahul Enterprises Nil 0.06 0.00 0.07
14 Mangal Electrical Industries Limited Dynamic Cables Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Purchases Nil 198.93 0.00 (14.23)
15 Mangal Electrical Industries Limited Dynamic Cables Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Rent Paid Nil 1.80 0.00 (14.23)
16 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Loan Nil 37.50 0.00 (3.18) Loan 0.00 1 Loan 0.00 1 Unsecured Business Use
17 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Loan Nil 37.50 0.00 (3.18) Loan 0.00 1 Loan 0.00 1 Unsecured Business Use
18 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Payment of Computer Software Expenses Nil 1.30 0.00 (3.18)
19 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Payment of Intangible Asset under Development Nil 3.63 0.00 (3.18)
20 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Credit Card Expenses by Mangal on Behalf of RAMS Nil 4.23 0.00 (3.18)
21 Mangal Electrical Industries Limited Rams Creative Technologies Private Limited Enterprise owned or controlled by Directors/Shareholders or their Relative Any other transaction Credit Card Expenses by RAMS on Behalf of MEIL Nil 2.09 0.00 (3.18)
22 Mangal Electrical Industries Limited Sandeep Purohit Independent Director Any other transaction Sitting Fees Nil 0.10 0.00 0.00
23 Mangal Electrical Industries Limited Apaar Kasliwal Independent Director Any other transaction Sitting Fees Nil 0.30 0.00 0.00
24 Mangal Electrical Industries Limited Manoj Maheshwari Independent Director Any other transaction Sitting Fees Nil 0.30 0.00 0.00
25 Mangal Electrical Industries Limited Tanvi Surana Independent Director Any other transaction Sitting Fees Nil 0.40 0.00 0.00
Total value of transaction during the reporting period 57.46