MANGALAM SEEDS LTD. (MSL) financials

MANGALAM SEEDS LTD. (MSL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2011, Mangalam Seeds Ltdis in the business of production, processing and marketing of Hybrid and GM seeds[1]

Market Cap: ₹149Cr.
Current Price: ₹137
Stock P/E: 17.4
ROE: 9.86%
ROCE: 10.2%
Book Value: ₹80.6
Dividend Yield: 0.00%
52W High / Low: ₹170/102

In Jun 2026, MANGALAM SEEDS LTD. (MSL) reported sales ₹58.65 Cr and net profit ₹4.08 Cr.

Annual TTM: sales ₹113 Cr, net profit ₹9 Cr.

Shareholding: Promoters 73.24% (Jun 2026), Public 26.77% (Jun 2026), No. of Shareholders 4,226% (Jun 2026).

MSL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	20.44	25.21	19.04	46.89	15.71	26.37	11.84	58.65
Expenses	17.10	22.49	13.38	41.20	11.75	23.51	9.09	53.03
Operating Profit	3.34	2.72	5.66	5.69	3.96	2.86	2.75	5.62
OPM %	16.34%	10.79%	29.73%	12.13%	25.21%	10.85%	23.23%	9.58%
Other Income	0.00	0.23	-0.05	0.01	0.01	0.14	0.13	0.07
Interest	1.08	0.88	0.89	0.97	1.02	0.89	0.75	0.76
Depreciation	0.30	0.30	0.32	0.32	0.38	0.42	0.45	0.46
Profit before tax	1.96	1.77	4.40	4.41	2.57	1.69	1.68	4.47
Tax %	20.41%	14.69%	24.55%	13.61%	28.79%	21.89%	20.24%	8.72%
Net Profit	1.57	1.51	3.33	3.81	1.84	1.33	1.33	4.08
EPS in Rs	1.43	1.38	3.03	3.47	1.68	1.21	1.21	3.72
Raw PDF	—	—	—	—	—	—	—	—

MSL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	36	41	40	65	100	94	101	113
Expenses	31	32	32	49	80	77	86	97
Operating Profit	5	9	8	16	20	17	15	15
OPM %	15%	22%	20%	24%	20%	18%	15%	13%
Other Income	0	0	0	0	0	0	0	0
Interest	1	1	1	1	3	4	4	3
Depreciation	0	1	1	1	1	1	2	2
Profit before tax	4	7	6	13	16	12	10	10
Tax %	9%	14%	16%	17%	17%	18%	20%	—
Net Profit	4	6	5	11	13	10	8	9
EPS in Rs	3.29	5.60	4.67	10.09	12.00	9.21	7.56	7.82
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

MSL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11	11	11	11	11	11	11	11
Reserves	19	23	29	34	46	59	69	78
Borrowings	6	9	10	18	16	53	61	46
Other Liabilities	2	5	4	3	3	6	13	22
Total Liabilities	38	48	54	67	76	129	154	157
Fixed Assets	15	23	23	25	25	49	49	46
CWIP	0	2	5	6	7	9	18	11
Investments	0	0	0	0	0	2	2	2
Other Assets	23	23	26	35	44	69	85	98
Total Assets	38	48	54	67	76	129	154	157

MSL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	3	8	8	-0	6	-1	-0	12
Cash from Investing Activity	-3	-9	-7	-4	-2	-30	-9	6
Cash from Financing Activity	-0	1	-0	7	-3	34	4	-18
Net Cash Flow	0	-0	0	2	1	3	-5	0
Free Cash Flow	-1	-3	4	-4	4	-28	-9	19
CFO/OP	83%	149%	95%	7%	49%	10%	11%	81%

MSL shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	74.84%	74.35%	74.36%	74.36%	74.36%	74.36%	74.36%	73.24%
Public	25.16%	25.64%	25.65%	25.65%	25.65%	25.64%	25.65%	26.77%
No. of Shareholders	5,034	4,889	4,917	4,805	4,640	4,480	4,312	4,226

MSL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	101	101	93	94	87	59	81	77
Inventory Days	531	351	136	261	193	196	308	326
Days Payable	14	59	11	8	2	8	8	22
Cash Conversion Cycle	619	392	218	347	278	248	381	381
Working Capital Days	174	121	144	163	144	78	121	168
ROCE %	13%	12%	17%	13%	22%	19%	12%	10%

MSLUpdated 30 Sept 2026, 20:51

Mangalam Seeds Ltd.

MSLUpdated 30 Sept 2026, 20:51

Market Cap

₹149Cr.

Current Price

₹137

High / Low

₹170/102

Stock P/E

17.4

ROE9.86%

ROCE10.2%

Book Value₹80.6

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 2011, Mangalam Seeds Ltdis in the business of production, processing and marketing of Hybrid and GM seeds[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	23.01	0.52	18.52	0.01	0.28	3.7	25.68	2.75	2.5
Sep 2023	15.52	0.36	10.98	0.01	0.28	3.91	23.27	3	2.73
Dec 2023	48.15	0.87	40.91	0.01	0.28	6.1	14.92	5.19	4.73
Mar 2024	13.37	1.02	9.9	0.05	0.28	2.22	-1.35	2.25	2.05
Jun 2024	29.63	0.86	24.36	0.02	0.29	4.14	10.63	3.7	3.37
Sep 2024	20.44	1.08	17.1	0	0.3	1.96	20.41	1.57	1.43
Dec 2024	25.21	0.88	22.49	0.23	0.3	1.77	14.69	1.51	1.38
Mar 2025	19.04	0.89	13.38	-0.05	0.32	4.4	24.55	3.33	3.03
Jun 2025	46.89	0.97	41.2	0.01	0.32	4.41	13.61	3.81	3.47
Sep 2025	15.71	1.02	11.75	0.01	0.38	2.57	28.79	1.84	1.68
Dec 2025	26.37	0.89	23.51	0.14	0.42	1.69	21.89	1.33	1.21
Mar 2026	11.84	0.75	9.09	0.13	0.45	1.68	20.24	1.33	1.21
Jun 2026	58.65	0.76	53.03	0.07	0.46	4.47	8.72	4.08	3.72

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	15	0	13	0	1	6	1	6.05
Mar 2016	24	0	21	0	2	5	2	2.53
Mar 2017	30	0	26	0	3	8	3	2.84
Mar 2018	30	1	26	0	4	9	3	3.04
Mar 2019	32	1	27	0	4	8	3	3.07
Mar 2020	36	1	31	0	4	9	4	3.29
Mar 2021	41	1	32	1	7	14	6	5.6
Mar 2022	40	1	32	1	6	16	5	4.67
Mar 2023	65	1	49	1	13	17	11	10.09
Mar 2024	100	3	80	1	16	17	13	12
Mar 2025	94	4	77	1	12	18	10	9.21
Mar 2026	101	4	86	2	10	20	8	7.56
TTM	113	3	97	2	10	—	9	7.82

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	73.24%
Public	26.77%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Sep 2023	74.84%	25.15%
Dec 2023	74.84%	25.15%
Mar 2024	74.84%	25.15%
Jun 2024	74.84%	25.15%
Sep 2024	74.84%	25.16%
Dec 2024	74.35%	25.64%
Mar 2025	74.36%	25.65%
Jun 2025	74.36%	25.65%
Sep 2025	74.36%	25.65%
Dec 2025	74.36%	25.64%
Mar 2026	74.36%	25.65%
Jun 2026	73.24%	26.77%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	0.93	4	3	1	9	2	0	0	6	9
Mar 2016	4	8	5	2	19	3	0	0	16	19
Mar 2017	5	18	4	2	30	3	0	0	27	30
Mar 2018	11	16	5	2	35	11	0	0	24	35
Mar 2019	11	19	6	2	38	15	0	0	23	38
Mar 2020	11	23	9	5	48	23	2	0	23	48
Mar 2021	11	29	10	4	54	23	5	0	26	54
Mar 2022	11	34	18	3	67	25	6	0	35	67
Mar 2023	11	46	16	3	76	25	7	0	44	76
Mar 2024	11	59	53	6	129	49	9	2	69	129
Mar 2025	11	69	61	13	154	49	18	2	85	154
Mar 2026	11	78	46	22	157	46	11	2	98	157

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	0	-2	1	-1
Mar 2016	-3	-4	8	1
Mar 2017	-4	-2	7	1
Mar 2018	5	-7	0	-2
Mar 2019	3	-3	0	0
Mar 2020	8	-9	1	0
Mar 2021	8	-7	0	0
Mar 2022	0	-4	7	2
Mar 2023	6	-2	-3	1
Mar 2024	-1	-30	34	3
Mar 2025	0	-9	4	-5
Mar 2026	12	6	-18	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	44	72	146	121	101	101	93	94	87	59	81	77
Inventory Days	99	133	127	428	531	351	136	261	193	196	308	326
Days Payable	7	7	16	49	14	59	11	8	2	8	8	22
Cash Conversion Cycle	136	198	257	499	619	392	218	347	278	248	381	381
Working Capital Days	44	126	225	191	174	121	144	163	144	78	121	168
ROCE %	24%	21%	17%	14%	13%	12%	17%	13%	22%	19%	12%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MANGALAM SEEDS LTD. (MSL)?

The reported market capitalisation for MANGALAM SEEDS LTD. (MSL) is ₹149Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MSL?

The current price shown for MANGALAM SEEDS LTD. (MSL) on Fincrux is ₹137 with a 52-week high/low of ₹170/102.

What is the P/E ratio of MANGALAM SEEDS LTD. (MSL)?

The stock P/E for MANGALAM SEEDS LTD. (MSL) is 17.4 on Fincrux, with ROE at 9.86% and ROCE at 10.2%.

What were MSL latest quarterly results?

For Jun 2026, MANGALAM SEEDS LTD. (MSL) reported sales ₹58.65 Cr and net profit ₹4.08 Cr (figures in ₹ crore unless noted).

What are MSL annual sales and net profit?

For TTM, MANGALAM SEEDS LTD. (MSL) shows sales of ₹113 Cr and net profit of ₹9 Cr on the Fincrux profit & loss statement.

Who owns MANGALAM SEEDS LTD. (MSL)?

Latest shareholding for MANGALAM SEEDS LTD. (MSL) on Fincrux: Promoters 73.24% (Jun 2026), Public 26.77% (Jun 2026), No. of Shareholders 4,226% (Jun 2026).

Where can I find MANGALAM SEEDS LTD. (MSL) financials?

MANGALAM SEEDS LTD. (MSL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MSL balance sheet and cash flow?

Yes. The MANGALAM SEEDS LTD. (MSL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 30 September 2026 at 20:51