New Delhi: Mangalam Worldwide Limited (MWL), a leading fully integrated stainless steel manufacturer, announced its financial results for the quarter ended September 30, 2026. Total income for Q2 FY27 stood at ₹361 crores, registering a year-on-year growth of 13.4% compared with ₹319 crores in Q2 FY26. Profit After Tax (PAT) stood at ₹13.82 crores, up 30.90% from ₹10.55 crores in the corresponding quarter of the previous year.
For H1 FY27, total income stood at ₹678 crores, compared with ₹598 crores in H1 FY26, registering a YoY growth of 13.40%. PAT rose to ₹25.84 crore, compared with ₹20.68 crore in the corresponding period last year.
Key Financial Highlights (Consolidated): Q2 FY27
· Profit After Tax: ₹13.82 crore, up 30.90% YoY from ₹10.55 crore in Q2 FY26.
· Total Income: ₹361 crores, up 13.4% YoY from ₹319 crores in Q2 FY26.
· Export Revenue: ₹63.86 crore, up 355% YoY from ₹14.04 crore in Q2 FY26.
· Adjusted EBITDA: ₹40.17 crore, up 81% YoY from ₹22 crores in Q2 FY26.
· Adjusted EBITDA Margin: 11.13%, compared with 6.98% in Q2 FY26.
Key Financial Highlights (Consolidated): H1 FY27
· Profit After Tax: ₹25.84 crore, up 25% YoY from ₹20.68 crore in H1 FY26.
· Total Income: ₹678 crores, up 13.40% YoY from ₹598 crores in H1 FY26.
· Export Revenue: ₹93 crores, up 261% YoY from ₹26 crores in H1 FY26.
· Adjusted EBITDA: ₹70 crores, compared with ₹42 crores in H1 FY26.
· Adjusted EBITDA Margin: 10.31%, compared with 7.02% in H1 FY26.
During the quarter, exports continued to contribute to the company’s growth, supported by its presence across more than 30 countries. Export revenue stood at ₹63.86 crore in Q2 FY27, registering a YoY growth of 355% compared with Q2 FY26. The company remains focused on expanding its international customer base and strengthening its presence across key markets.
In a key development, Mangalam Worldwide Limited incorporated its wholly owned subsidiary, MWL Europe BV, in Belgium during this month, as part of its strategic efforts to expand its international presence, strengthen customer outreach, enhance operational efficiencies and explore business opportunities in the European market.
Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, said, “Our Q2 FY27 performance reflects our continued focus on operational efficiency, business growth and strengthening our position in the stainless steel industry. We remain committed to expanding our value- added product portfolio, improving profitability and building on the opportunities emerging across domestic and international markets.”
“The incorporation of our wholly owned subsidiary in Belgium marks an important milestone in our global expansion journey. As we continue to strengthen our export presence, our focus remains on building long-term customer relationships, expanding our reach in key markets and creating sustainable value for the business.” he added.
