Mangalam Cement Q2 FY26 Earnings Results

Mangalam Cement Limited, incorporated in 1976, is engaged in the manufacturing of Cement in India and is a professionally run company, managed by Smt. Vidula Jalan of the B.K. Birla group. The Co. has its own manufacturing plants in Morak (Rajasthan) and Aligarh (Uttar Pradesh). The company markets and sells its product under the brand name of Birla Uttam Cement.

 

Q2 FY26 Earnings Results

• • Revenue from Operations: ₹394.88 crore, down 12.59% QoQ from ₹451.74 crore, up 9.95% YoY from ₹359.14 crore

  • Operating Profit (PBDIT): ₹42.70 crore, with operating margin of 10.81%, up from 8.39% YoY

  • Profit After Tax (PAT): ₹20.11 crore, up 513.11% YoY from ₹3.28 crore

  • PAT margin: 5.09%, improved sharply YoY from 0.91%

  • Employee costs and interest expenses slightly declined QoQ

  • Negative tax rate of -22.32% in Q2 FY26 supported net profit improvement

  • H1 FY26 revenue at ₹846.62 crore (up 14.46% YoY) and net profit ₹52.37 crore (up 157.48% YoY)

  • Key concerns include revenue contraction QoQ and dependence on other income (59.31% of PBT)

 

Management Commentary & Strategic Decisions

• • Profitability rebound despite revenue headwinds driven by better cost controls and realizations per tonne

  • Reported improved working capital management with healthy cash flow from operations

  • Ongoing capital expenditure ₹132 crore to maintain competitiveness amid margin pressures

  • Focus on sustaining operational efficiency and navigating capital-intensive business challenges

 

 

Q1 FY26 Earnings Results

• • Revenue from Operations: ₹451.74 crore, up 18.7% YoY

  • Net Profit: ₹32.26 crore, up 89% YoY

  • Operating profit surged significantly YoY with margin improvement

  • Earnings per Share (EPS): ₹11.73

  • Company faced challenges with non-delivery of petroleum coke cargo but taking legal actions and insurance claims

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.