Mangalam Worldwide Limited (NSE: MWL | BSE: 544764)

Introduction

Mangalam Worldwide Limited (MWL) submitted a press release to the National Stock Exchange of India and BSE on 15 October 2026, complying with SEBI Listing Regulations. The filing includes the company’s unaudited financial results for the quarter and half‑year ended 30 September 2026 (Q2 FY27) and highlights a strategic expansion with a new wholly‑owned subsidiary in Belgium.

Key Financial Highlights

Q2 FY27 (Quarter ended 30 Sept 2026)

• Profit After Tax (PAT): ₹13.82 cr, up 30.90 % YoY (₹10.55 cr in Q2 FY26)
• Total Income: ₹361 cr, up 13.4 % YoY (₹319 cr)
• Export Revenue: ₹63.86 cr, up 355 % YoY (₹14.04 cr)
• Adjusted EBITDA: ₹40.17 cr, up 81 % YoY (₹22 cr)
• Adjusted EBITDA Margin: 11.13 % (vs 6.98 % in Q2 FY26)

H1 FY27 (Six months ended 30 Sept 2026)

• PAT: ₹25.84 cr, up 25 % YoY (₹20.68 cr)
• Total Income: ₹678 cr, up 13.40 % YoY (₹598 cr)
• Export Revenue: ₹93 cr, up 261 % YoY (₹26 cr)
• Adjusted EBITDA: ₹70 cr (vs ₹42 cr)
• Adjusted EBITDA Margin: 10.31 % (vs 7.02 % in H1 FY26)

Operational Insight

• Exports now contribute ≈ 9–10 % of total income, driven by sales in 30+ countries.
• The company continues to leverage its integrated stainless‑steel value chain across four Gujarat plants (Halol, Changodar, Kapadvanj) with a combined capacity of >190,000 MTPA and 1,000 employees.

Strategic Development

Incorporation of MWL Europe BV (Belgium)

• Wholly‑owned subsidiary established in Belgium during October 2026.
• Aimed at:
  • Expanding international customer outreach.
  • Enhancing operational efficiencies in the European market.
  • Exploring new business opportunities across key EU regions.

“The incorporation of our wholly owned subsidiary in Belgium marks an important milestone in our global expansion journey,” said Mr. Chandragupt Prakash Mangal, Managing Director.

Management Commentary

• Operational Efficiency & Growth: The MD emphasized continued focus on operational efficiency, value‑added product portfolio expansion, and profitability improvement.
• Export Momentum: Management highlighted the robust export growth as a core driver and reaffirmed commitment to building long‑term customer relationships internationally.

Regulatory & Compliance Note

• The press release was filed pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The filing includes the unaudited financial results for Q2 FY27 and H1 FY27 and is accompanied by the standard forward‑looking statements disclaimer.

Forward‑Looking Statements & Risks

• The announcement contains forward‑looking statements subject to risks such as government actions, political/economic developments, technological changes, and other uncertainties that could cause actual results to differ materially.
• The company does not undertake any obligation to update these statements.

Contact Information

Name	Mobile	Email
Hiral Dave	+91 98242 20357	hiral.dave@sgapl.net
Ira Dhingra	+91 87009 73450	ira.dhingra@sgapl.net
Utsa Saha	+91 90515 08252	utsa.saha@sgapl.net

For additional details, visit the company website: https://mangalamworldwide.com/