Founded in 1976, Mangalam Cement Limited is a leading player in the Indian cement manufacturing industry. The company is known for its professional management under the leadership of Smt. Vidula Jalan, a key member of the prestigious B.K. Birla group.
The company boasts state-of-the-art manufacturing facilities located in Morak, Rajasthan, and Aligarh, Uttar Pradesh. The company takes immense pride in offering its high-quality cement products under the renowned brand name, Birla Uttam Cement.
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Mangalam Cement – Business
Sales and Production:
- Highest ever sales and growth of 18% from last year
- Dispatched highest ever PPC cement of 22.17 lakh tons in the year
- Collected more than 2,000 crores and started dispatching maximum quantity from Aligarh unit
- Sold highest ever quantity of 9.66 lakh metric ton out of their capacity of 10 lakhs per quarter in Q4 FY22
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Mangalam Cement – Future plans
- Timber business outlook is good and they are producing around 2,200 tons per month
- Realization depends on market-to-market and trade segment has slightly decreased by 5%
- Plans to buy a company to increase capacity
Mangalam Cement – return ratios & valuations
Company is trading at Price multiple of 43.7. Current market cap of the company is about Rs. 1,011 Cr.
Mangalam Cement – Promoters buying
Over this six-year period from March 2017 to June 2023, there is a consistent upward trend in promoter activity. Starting at 13.28% in March 2017, it steadily increases to 34.35% by June 2023. This suggests that whatever is being promoted has been gaining more attention and support over time. Major accumulation by the promoter is thru Vidula Consultancy Services Limited.
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