Mangalam Alloys Ltd. is an India-based stainless steel melting company. The Company has an integrated stainless steel/higher alloy steel melting and further processing unit that is up to bright bar fasteners. It manufactures SS Ingots, Round Bar, RCS, Bright bar, different sections like square, hex, angle, patti, and others, forging and making fasteners. The Company has 40,000 square meters of land with an installed capacity of approximately 25,000 tons per annum (TPA). The Company’s products include forging ingots, billets, RCS, black round bar, bright round bar, bright round forged bar, hexagonal/square bar, angle bars, flat bars, fasteners, and forgings.
MANGALAM ALLOYS LIMITED Financial Highlights
- Revenue: MANGALAM ALLOYS LIMITED reported revenue of ₹311.28 crore in FY22 vs ₹301.96 crore in FY21. It showed an increase of 3.09% on a yearly basis.
- Operating Profit: MANGALAM ALLOYS LIMITED reported an operating profit of ₹1.03 crore in FY22 vs ₹9.16 crore in FY21. It showed an increase of 111.24% on a year-on-year basis.
- Net Profit: MANGALAM ALLOYS LIMITED reported a net loss of ₹0.02 crore in FY22 vs ₹6.81 crore in FY21. It showed an increase of 99.71% on a yearly basis.