Mangal Electrical Industries MEIL
Jaipur company that processes CRGO steel into transformer laminations and cores, and makes transformers and does substation EPC; listed Aug 2025
Mapped in 1 theme: Power Transmission & Grid.
Where Mangal Electrical Industries sits in the supply chain
Mangal Electrical Industries appears in 2 supply-chain layers in one theme, Power Transmission & Grid.
Power Transmission & Grid › Power transformers & reactors
Direct supplierOther companies in this layer
Power Transmission & Grid › CRGO, copper & aluminium
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 218 | 354 | 449 | 549 | 580 |
| Net profit | 6 | 25 | 21 | 47 | 43 |
Latest-year revenue ₹580 Cr (FY26, company-wide).
Note: standalone figures.
Strengths
- CRGO processing gives it a hand in the tightest input in the chain
- Integrated from laminations to transformers and EPC
Risks
- Short listed history and small scale
- CRGO price and supply swings flow straight to margins
- Rajasthan utility concentration
Common questions
What does Mangal Electrical Industries do?
Jaipur company that processes CRGO steel into transformer laminations and cores, and makes transformers and does substation EPC; listed Aug 2025.
Where does Mangal Electrical Industries sit in the supply chain?
Mangal Electrical Industries (NSE: MEIL) is mapped in 2 supply-chain layers: Power transformers & reactors (Power Transmission & Grid); and CRGO, copper & aluminium (Power Transmission & Grid).
Who are Mangal Electrical Industries' peers?
In the Power transformers & reactors layer of Power Transmission & Grid: Hitachi Energy India, GE Vernova T&D India, Transformers & Rectifiers (India), Siemens Energy India, CG Power and Industrial Solutions, Voltamp Transformers and 4 more.
What is Mangal Electrical Industries' market cap and valuation?
As of 6 Nov 2026: market cap ₹707 Cr, P/E 15.8x, ROCE 14.6%, ROE 11.3%, dividend yield 0%.