Mangalam Worldwide Q2 FY27 PAT Up 31% to ₹13.82 Cr; Expands to Belgium
Mangalam Worldwide Limited reported Q2 FY27 PAT of ₹13.82 crores, up 31% YoY. Total income rose 13.4% to ₹361 crores. Export revenue surged 355% to ₹63.86 crores. Adjusted EBITDA grew 81% to ₹40.17 crores. The company incorporated a wholly owned subsidiary, MWL Europe BV, in Belgium.
The significant financial performance improvement and strategic expansion into the European market are likely to have a substantial positive impact on the company's future growth and market position.
The company reported strong year-on-year growth in PAT, total income, export revenue, and EBITDA, along with strategic international expansion through a new subsidiary.
Mangalam Worldwide Limited (MWL) announced its financial results for the quarter ended September 30, 2026. The company reported a Profit After Tax (PAT) of ₹13.82 crores for Q2 FY27, marking a significant year-on-year growth of 30.90% from ₹10.55 crores in the corresponding quarter of the previous year. Total income for Q2 FY27 stood at ₹361 crores, an increase of 13.4% compared to ₹319 crores in Q2 FY26. The company also saw a substantial rise in export revenue, which grew by 355% YoY to ₹63.86 crores in Q2 FY27 from ₹14.04 crores in Q2 FY26. Adjusted EBITDA increased by 81% YoY to ₹40.17 crores, with the Adjusted EBITDA Margin improving to 11.13% from 6.98% in the prior year's quarter.
For the half-year ended September 30, 2026 (H1 FY27), MWL reported a PAT of ₹25.84 crores, up 25% from ₹20.68 crores in H1 FY26. Total income for H1 FY27 was ₹678 crores, a 13.40% increase from ₹598 crores in H1 FY26. Export revenue for the half-year grew by 261% YoY to ₹93 crores from ₹26 crores. Adjusted EBITDA for H1 FY27 stood at ₹70 crores, compared to ₹42 crores in H1 FY26, with the margin at 10.31% compared to 7.02% in the previous year.
In a strategic move to enhance its international presence, MWL incorporated a wholly owned subsidiary, MWL Europe BV, in Belgium during October 2026. This expansion aims to strengthen customer outreach, improve operational efficiencies, and explore new business opportunities in the European market.
Mr. Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, commented on the performance, stating, “Our Q2 FY27 performance reflects our continued focus on operational efficiency, business growth and strengthening our position in the stainless steel industry. We remain committed to expanding our value-added product portfolio, improving profitability and building on the opportunities emerging across domestic and international markets.” He further added, “The incorporation of our wholly owned subsidiary in Belgium marks an important milestone in our global expansion journey. As we continue to strengthen our export presence, our focus remains on building long-term customer relationships, expanding our reach in key markets and creating sustainable value for the business.”
What to do with a filing like this
Mangalam Worldwide Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Mangalam Worldwide Limited. Read the original for the full detail.