M

Mangalam Cement Limited

MANGLMCEM
Market snapshot · 2026-08-11 07:13 UTC

901.35

₹-0.15 (-0.02%)

MARKET CAP

₹2.48K Cr

STOCK P/E

19.2x

52W HIGH

₹1,023.45

52W LOW

₹679.35

BOOK VALUE

₹355.41

EPS

₹46.91

ROE

14.10%

SECTOR

Materials

DEBT/EQUITY

90.91

VOLUME

4,732

P/B RATIO

2.54x

PEG RATIO

0.07

Sector

Materials

Themes

Cement
D
Dividend
E
Earnings
₹986.60₹916.13₹845.65₹775.18₹704.70VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for MANGLMCEM.

1.00 analysts

Price Forecast

Current
₹901.35
High Target
₹870.00
▼ -3.5%
Median Target
₹870.00
▼ -3.5%
Low Target
₹870.00
▼ -3.5%
Now₹901.35High ₹870.00Median ₹870.00Low ₹870.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹748.67 - ₹1,09080%
6M₹694.15 - ₹1,18180%
12M₹624.55 - ₹1,32480%
Realized vol: +29.3% · Drift: +5.2%

Revenue Forecast

₹ Cr
Jun '26Current₹455.0
Sep 2026 ETrend estimate range
High₹418.3Base₹387.4Low₹356.4
Sep '25: ₹395.0 · Dec '25: ₹421.0 · Mar '26: ₹490.0 · Jun '26: ₹455.0 · Sep '26: ₹387.4 · Dec '26: ₹412.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E395.0421.0490.0455.0387.4412.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹6.57
Sep 2026 ETrend estimate range
High₹12.28Base₹10.97Low₹9.65
Sep '25: ₹7.31 · Dec '25: ₹4.13 · Mar '26: ₹23.72 · Jun '26: ₹6.57 · Sep '26: ₹10.97 · Dec '26: ₹6.20
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E7.314.1323.726.5710.976.20
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
53%
Analyst Consensus
Weakening

From 1 analysts

Mean upside-3.5%

Fundamentals

Moderate

Fundamentals institutional score is 45 using EVA spread proxy 2.1%; growth durability 17.0.

Valuation

Premium valuation

Valuation institutional score is 43 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 46 using mean target upside -3.5%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 84 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price870 target
Mean Upside-3.5%
Technical Score84%
Fundamental Score45%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 15.0% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +0.83). Confidence: 79%.

Live forward EPS implies next-12-month EPS of ₹58.70. Applying the stock's normalized valuation corridor produces a fair range of ₹909.85 to ₹1,095.93, with base value near ₹980.29 (+8.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹58.70

Forward P/E

15.4x

Base Fair Value

₹980.29

Fair Range

₹909.85 - ₹1,095.93

Upside To Base

+8.8%

Estimate Source

Live forward EPS

Growth Estimate

+285.7%

P/E
Strongly Overvalued

5Y Average

12.92

Current

19.21

Overvalued

18.67

Undervalued

15.50

EV/EBITDA
Strongly Overvalued

5Y Average

10.05

Current

14.95

Overvalued

13.76

Undervalued

5.81

P/B
Fair

5Y Average

2.45

Current

2.54

Overvalued

2.81

Undervalued

2.08

Peers & Comparison

Sector: Materials · Theme: Cement

Cement Peers5 peers
Avg P/E: 30.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
STAR CEMENT LIMITED
STARCEMENTCement
+4.3%9.7%
21.7x
Undervalued
-28% vs avg
-30.5%
JK LAKSHMI CEMENT LTD
JKLAKSHMICement
+9.4%5.3%
18.8x
Undervalued
-38% vs avg
-38.2%
+8.9%3.3%
31.2x
Fair
+3% vs avg
-23.3%
+1.6%-9.5%
-15.7%
PRISM JOHNSON LIMITED
PRSMJOHNSNCement
-0.8%2.5%
49.3x
Premium
+63% vs avg
-20.8%
WHY THESE PEERS

MANGALAM CEMENT LTD trades at a discount (19.2x vs peer avg 30.2x), suggesting potential undervaluation relative to the Cement cohort. Peers include STAR CEMENT LIMITED, JK LAKSHMI CEMENT LTD, NUVOCO VISTAS CORP LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹455 CrJun 2026

Latest net profit

₹18 CrJun 2026

Latest EPS

₹6.57Jun 2026

Net margin

12.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%5.0%10.0%15.0%20.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹6₹12₹18₹24
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-850 Cr0.00 Cr850 Cr1.70K Cr2.55K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +421428439437381359438503452395421490455
Expenses +369380382392351329395449377352376436402
Operating Profit51485746303043547543455453
OPM %12%11%13%10%8%8%10%11%17%11%11%11%12%
Other Income +68619321051311106-411
Interest16181717161716191716151618
Depreciation18181919191919212020202022
Profit before tax2320272926413274916161324
Tax %36%41%41%41%35%10%40%37%34%-22%27%-400%24%
Net Profit +151216171738173220116518
EPS in Rs5.344.295.806.286.201.192.846.1511.737.314.1323.726.57
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +39.53%40.01%40.01%40.01%40.01%
FIIs +5.87%6.07%5.80%5.59%5.53%
DIIs +7.09%6.94%6.78%6.17%6.17%
Public +47.52%46.97%47.43%48.25%48.30%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 09, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 09, 2026PDFCompany Reports Open

Board Meeting Outcome for Un-Audited Financial Results For The Qtr. Ended 30.06.2026

Aug 08, 2026PDFCompany Reports Open

Financial Results For The Qrt Ended 30.06.2026

Aug 08, 2026PDFCompany Reports Open