Mangalam Cement Limited (MANGLMCEM) - Net Assets

Latest as of September 2025: Rs9.00 Billion INR ≈ $97.36 Million USD

Based on the latest financial reports, Mangalam Cement Limited (MANGLMCEM) has net assets worth Rs9.00 Billion INR (≈ $97.36 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs23.50 Billion ≈ $254.17 Million USD) and total liabilities (Rs14.50 Billion ≈ $156.81 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MANGLMCEM current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs9.00 Billion
% of Total Assets	38.31%
Annual Growth Rate	17.79%
5-Year Change	25.0%
10-Year Change	71.96%
Growth Volatility	122.13

Mangalam Cement Limited - Net Assets Trend (2004–2025)

This chart illustrates how Mangalam Cement Limited's net assets have evolved over time, based on quarterly financial data. Check MANGLMCEM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Mangalam Cement Limited (2004–2025)

The table below shows the annual net assets of Mangalam Cement Limited from 2004 to 2025. For live valuation and market cap data, see MANGLMCEM company net worth.

Year	Net Assets	Change
2025-03-31	Rs8.52 Billion ≈ $92.13 Million	+4.96%
2024-03-31	Rs8.12 Billion ≈ $87.77 Million	+7.33%
2023-03-31	Rs7.56 Billion ≈ $81.78 Million	+1.89%
2022-03-31	Rs7.42 Billion ≈ $80.26 Million	+8.90%
2021-03-31	Rs6.82 Billion ≈ $73.71 Million	+18.34%
2020-03-31	Rs5.76 Billion ≈ $62.28 Million	+14.39%
2019-03-31	Rs5.03 Billion ≈ $54.45 Million	-2.23%
2018-03-31	Rs5.15 Billion ≈ $55.69 Million	+1.77%
2017-03-31	Rs5.06 Billion ≈ $54.72 Million	+2.14%
2016-03-31	Rs4.95 Billion ≈ $53.57 Million	+11.03%
2015-03-31	Rs4.46 Billion ≈ $48.25 Million	-12.00%
2014-03-31	Rs5.07 Billion ≈ $54.83 Million	+2.98%
2013-03-31	Rs4.92 Billion ≈ $53.24 Million	+13.89%
2012-03-31	Rs4.32 Billion ≈ $46.75 Million	+9.52%
2011-03-31	Rs3.95 Billion ≈ $42.69 Million	+2.04%
2010-03-31	Rs3.87 Billion ≈ $41.83 Million	+31.43%
2009-03-31	Rs2.94 Billion ≈ $31.83 Million	+32.54%
2008-03-31	Rs2.22 Billion ≈ $24.02 Million	-24.82%
2007-03-31	Rs2.95 Billion ≈ $31.94 Million	+577.36%
2006-03-31	Rs436.08 Million ≈ $4.72 Million	+59.50%
2005-03-31	Rs273.40 Million ≈ $2.96 Million	0.00%
2004-03-31	Rs273.40 Million ≈ $2.96 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mangalam Cement Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 793122400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs7.39 Billion	86.74%
Common Stock	Rs274.97 Million	3.23%
Other Comprehensive Income	Rs674.21 Million	7.91%
Other Components	Rs180.57 Million	2.12%
Total Equity	Rs8.52 Billion	100.00%

Mangalam Cement Limited Competitors by Market Cap

The table below lists competitors of Mangalam Cement Limited ranked by their market capitalization.

Company	Market Cap
El-Mor Electric Installation & Services 1986 Ltd TA:ELMR	$281.20 Million
Ard Grup Bilisim Teknolojileri AS IS:ARDYZ	$281.24 Million
Guangzheng Group Co Ltd SHE:002524	$281.28 Million
Kogeneracja SA WAR:KGN	$281.31 Million
Shin Hai Gas Corp TW:9926	$281.07 Million
Shanghai Challenge Textile Co Ltd SHE:002486	$281.04 Million
Nuveen Core Plus Impact Fund NYSE:NPCT	$280.94 Million
Jiangsu Maysta Chemical Co Ltd SHG:603041	$280.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mangalam Cement Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,116,170,000 to 8,518,832,000, a change of 402,662,000 (5.0%).
Net income of 450,631,000 contributed positively to equity growth.
Dividend payments of 41,246,000 reduced retained earnings.
Other comprehensive income increased equity by 654,050,000.
Other factors decreased equity by 660,773,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs450.63 Million	+5.29%
Dividends Paid	Rs41.25 Million	-0.48%
Other Comprehensive Income	Rs654.05 Million	+7.68%
Other Changes	Rs-660.77 Million	-7.76%
Total Change	Rs-	4.96%

Book Value vs Market Value Analysis

This analysis compares Mangalam Cement Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3.05x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 63.94x to 3.05x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-03-31	Rs14.79	Rs945.50	x
2005-03-31	Rs14.79	Rs945.50	x
2006-03-31	Rs18.58	Rs945.50	x
2007-03-31	Rs114.22	Rs945.50	x
2008-03-31	Rs78.62	Rs945.50	x
2009-03-31	Rs104.24	Rs945.50	x
2010-03-31	Rs144.49	Rs945.50	x
2011-03-31	Rs147.87	Rs945.50	x
2012-03-31	Rs161.94	Rs945.50	x
2013-03-31	Rs184.43	Rs945.50	x
2014-03-31	Rs189.93	Rs945.50	x
2015-03-31	Rs193.89	Rs945.50	x
2016-03-31	Rs185.58	Rs945.50	x
2017-03-31	Rs189.56	Rs945.50	x
2018-03-31	Rs192.92	Rs945.50	x
2019-03-31	Rs188.61	Rs945.50	x
2020-03-31	Rs215.75	Rs945.50	x
2021-03-31	Rs255.32	Rs945.50	x
2022-03-31	Rs269.91	Rs945.50	x
2023-03-31	Rs275.02	Rs945.50	x
2024-03-31	Rs295.16	Rs945.50	x
2025-03-31	Rs309.75	Rs945.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mangalam Cement Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 5.29%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.68%
• Asset Turnover: 0.78x
• Equity Multiplier: 2.54x
Recent ROE (5.29%) is below the historical average (62.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	545.93%	54.18%	1.65x	6.09x	Rs1.47 Billion
2005	545.93%	54.18%	1.65x	6.09x	Rs1.47 Billion
2006	38.47%	5.54%	1.74x	3.98x	Rs124.14 Million
2007	28.41%	18.40%	0.74x	2.08x	Rs543.71 Million
2008	51.13%	22.23%	1.14x	2.02x	Rs913.43 Million
2009	33.01%	17.22%	1.11x	1.73x	Rs677.31 Million
2010	30.71%	19.36%	0.96x	1.66x	Rs801.28 Million
2011	9.69%	7.71%	0.77x	1.62x	Rs-12.31 Million
2012	12.95%	8.88%	0.87x	1.68x	Rs127.59 Million
2013	15.72%	10.96%	0.73x	1.97x	Rs281.36 Million
2014	5.84%	4.25%	0.61x	2.25x	Rs-210.94 Million
2015	3.46%	1.94%	0.79x	2.24x	Rs-338.37 Million
2016	-4.33%	-2.55%	0.69x	2.48x	Rs-710.01 Million
2017	7.24%	4.07%	0.74x	2.40x	Rs-139.65 Million
2018	2.21%	1.05%	0.89x	2.37x	Rs-401.15 Million
2019	-1.93%	-0.81%	0.85x	2.81x	Rs-600.84 Million
2020	13.18%	6.20%	0.77x	2.77x	Rs183.11 Million
2021	13.71%	7.19%	0.71x	2.70x	Rs253.13 Million
2022	10.47%	4.97%	0.81x	2.60x	Rs34.87 Million
2023	2.26%	0.96%	0.90x	2.63x	Rs-584.99 Million
2024	7.36%	3.46%	0.83x	2.55x	Rs-214.45 Million
2025	5.29%	2.68%	0.78x	2.54x	Rs-401.25 Million

Industry Comparison

This section compares Mangalam Cement Limited's net assets metrics with peer companies in the Building Materials industry.

Industry Context

Industry: Building Materials
Average net assets among peers: $179,161,308,100
Average return on equity (ROE) among peers: 15.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mangalam Cement Limited (MANGLMCEM)	Rs9.00 Billion	545.93%	1.61x	$281.17 Million
ACC Limited (ACC)	$115.47 Billion	11.93%	0.48x	$2.84 Billion
Ambuja Cements Limited (AMBUJACEM)	$298.15 Billion	7.03%	0.35x	$11.93 Billion
Birla Corporation Limited (BIRLACORPN)	$20.60 Billion	15.54%	0.81x	$754.59 Million
Dalmia Bharat Limited (DALBHARAT)	$52.96 Billion	4.60%	2.39x	$3.74 Billion
Grasim Industries Limited (GRASIM)	$1.23 Trillion	5.55%	1.74x	$23.92 Billion
Global Surfaces Limited (GSLSU)	$984.34 Million	34.47%	0.62x	$12.69 Million
HeidelbergCement India Limited (HEIDELBERG)	$14.94 Billion	21.08%	0.90x	$381.11 Million
IFGL Refractories Limited (IFGLEXPOR)	$784.40 Million	33.45%	1.94x	$161.63 Million
The India Cements Limited (INDIACEM)	$15.69 Billion	2.72%	1.29x	$1.31 Billion
JK Cement Limited (JKCEMENT)	$42.91 Billion	16.01%	1.66x	$4.65 Billion

About Mangalam Cement Limited

NSE:MANGLMCEM India Building Materials

Market Cap

$281.17 Million

Rs26.00 Billion INR

Market Cap Rank

#15092 Global

#772 in India

Share Price

Rs945.50

Change (1 day)

-0.52%

52-Week Range

Rs685.00 - Rs986.60

All Time High

Rs1036.95