Mangalam Global Enterprise Limited Share Price and Company Fundamentals



Price
₹31.35
Change
0.650 (2.117%)
52 week
19.2 - 52.4

Last traded: Last Friday at 9:59 AM

Mangalam Global Enterprise Limited, together with its subsidiaries, engages in the manufacturing, dealing, and trading of edible and non-edible oils, and agricultural products India and internationally. Its products include soya oil, soya meal, soya de oiled cake, mustard oil, mustard meal, mustard de oiled cake, refined castor oil first special grade, castor de-oiled cake, high protein castor de-oiled cake, and cotton bales. The company also trades in wheat, rice, etc. and other merchandise; processes wheat and rice; provides agency services. In addition, it offers refined soyabean oil, refined vegetable oil and pungent mustard oil under the LAGNAM brand name. The company was formerly known as Mangalam Global Enterprise Private Limited and changed its name to Mangalam Global Enterprise Limited in September 2019. Mangalam Global Enterprise Limited was founded in 1942 and is based in Ahmedabad, India.

Key Metrics

PE ratio

51.86

PB ratio

4.97

Dividend yield

0.00%

Beta

0.40

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Farm Products / Consumer Defensive
Full time employees 136
Website https://www.groupmangalam.com
Mailing address 101, Mangalam Corporate House 42, Shrimali Society, Netaji Marg, Netaji Marg Mithakhali, Navrangpura Ahmedabad 380009 India
Phone / Fax 91 79 6161 5000 /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

33.52%

Mangalam Global Enterprise Limited paid ₹0.00 dividend and the ex-dividend date was 14 July 2022.The dividend payout ratio is 33.52%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MGEL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MGEL's forward dividend amount is ₹0.2 and the forward dividend yield is 0.63%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Mangalam Global Enterprise Limited.

Name Title Age Total Pay
Mr. Vipin Prakash O. Mangal Exec. Chairman 54 555k
Mr. Ashutosh K. Mehta Chief Financial Officer 63
Ms. Vrunda Manharbhai Patel Company Sec. & Compliance Officer
Mr. Chanakya Prakash V. Mangal MD & Director 26 555k
Mr. Chandragupt Prakash V. Mangal MD & Additional Director 24 555k
Mr. Chandravijay Arora Whole-Time Director

Profitability and management effectiveness

Profit margin

0.54%

Operating margin

-0.05%

Return on assets

-0.14%

Return on equity

9.49%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mangalam Global Enterprise Limited is and its enterprise value is .

The MGEL's stocks Beta value is 0.40 making it 60% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Mangalam Global Enterprise Limited (NSE:MGEL) Frequently Asked Questions

1. What is Mangalam Global Enterprise Limited's Stock Symbol?

Mangalam Global Enterprise Limited trades on NSE under the ticker symbol "MGEL".

2. What is Mangalam Global Enterprise Limited's stock price today?

One share of MGEL stock can currently be purchased for approximately ₹31.35.

3. How can I contact Mangalam Global Enterprise Limited?

Mangalam Global Enterprise Limited's mailing address is 101, Mangalam Corporate House 42, Shrimali Society, Netaji Marg, Netaji Marg Mithakhali, Navrangpura Ahmedabad 380009 India. The company can be reached via phone at 91 79 6161 5000.

4. What is Mangalam Global Enterprise Limited's official website?

The official website of Mangalam Global Enterprise Limited is https://www.groupmangalam.com.