MEIL
OVERVALUEDMangal Electrical Industries Limited
Oil & Gas · NSE
↓ 52.2% vs fair value
52W Low
₹206
+17.8% from low
52W High
₹574
-57.6% from high
Valuation Gauge
Current Price
₹243
Fair Value
₹160
Fair Value Analysis
₹160
Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | Sector-cheap: P/E at 27th percentile vs sector peers. | ROCE improving (latest 26.4%) — capital allocation becoming more efficient. | Growth capped at 9.0% (ROE 7.8%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Balance Sheet Value
33% weight
EV/EBITDA Multiple
67% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 7.8% is acceptable for Oil & Gas sector (benchmark: 10%)
Debt & Leverage
D/E ratio of 0.1x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 13.0x trades at a significant premium to Oil & Gas sector median (8x)
Cash Flow
Negative FCF of ₹-42 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 72.6% is well above the Oil & Gas sector average of 14.6% — strong growth
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-7.6%
Free cash flow / market cap
Revenue Growth (YoY)
+4.7%
Year-on-year revenue change
Profit Growth (YoY)
-7.1%
Year-on-year PAT change
Operating Cash Flow
₹-30 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹18.3
P/E Ratio
13x
P/B Ratio
1.1x
ROE
7.8%
ROCE
43.5%
Debt / Equity
0.12x
Beta
—
Div Yield
—
FCF (Cr)
₹-42 Cr
Revenue (Cr)
₹549 Cr
EPS Growth 5Y
72.6%
Mkt Cap (Cr)
₹659 Cr
52W High
₹573.7
52W Low
₹206.3
Book Value/Share
₹210.4
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹553 Cr | ₹73 Cr | 13.0% | ₹44 Cr | ₹18.28 |
| 2025-03-31 | ₹549 Cr | ₹82 Cr | 15.0% | ₹47 Cr | ₹23.08 |
| 2024-03-31 | ₹449 Cr | ₹43 Cr | 9.0% | ₹21 Cr | ₹14.45 |
| 2023-03-31 | ₹354 Cr | ₹44 Cr | 13.0% | ₹25 Cr | ₹17.06 |
| 2022-03-31 | ₹218 Cr | ₹21 Cr | 9.0% | ₹6 Cr | ₹4.19 |
| 2021-03-31 | ₹121 Cr | ₹12 Cr | 10.0% | ₹1 Cr | ₹0.74 |
| 2020-03-31 | ₹208 Cr | ₹14 Cr | 7.0% | ₹3 Cr | ₹2.03 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Oil & Gas| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Gulf Oil Lubricants India Limited | ₹891 | ₹1,626.9 | +45.2% | 12.7 | 21.1% | UNDERVALUED |
GP Petroleums Limited | ₹28.7 | ₹44.1 | +35.0% | 5.4 | 7.4% | UNDERVALUED |
Magadh Sugar & Energy Limited | ₹493 | ₹640.5 | +23.0% | 8 | 13.9% | UNDERVALUED |
Oil and Natural Gas Corporation | ₹281.4 | ₹330.7 | +14.9% | 9.5 | 12.2% | FAIRLY_VALUED |
Avadh Sugar & Energy Limited | ₹499 | ₹534.5 | +6.6% | 12.8 | 8.0% | FAIRLY_VALUED |
GAIL India | ₹143.4 | ₹146.9 | +2.3% | 10.9 | 9.8% | FAIRLY_VALUED |
Hindustan Petroleum Corporation Limited | ₹328.9 | ₹333.1 | +1.3% | 4.5 | 12.3% | FAIRLY_VALUED |
Mahanagar Gas | ₹966.6 | ₹849.5 | -13.8% | 9.9 | 17.0% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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