Expert Ratings
Easily search Stocks, Mutual Funds, Articles and Videos
Track the companies of Group.
| Sales Growth | Profit Growth | Expense Growth | Stock Price CAGR |
|---|---|---|---|
Presentation & Earning Calls |
Annual Reports |
Credit Rating |
|---|---|---|
|
|
|
|
Mangal Electrical Industries Limited was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on April 28, 1989 under the name and the style of ‘Mangal Electrical Industries’. Thereafter, the partnership firm was converted into a private limited company under Part IX of the Companies Act, 1956 as ‘Mangal Electrical Industries Private Limited’ and a fresh certificate of incorporation dated April 1, 2008 issued by the RoC. Thereafter, the company was converted into public limited company pursuant to a shareholder’s resolution dated May 16, 2024, consequent to which the name of the company was changed to Mangal Electrical Industries Limited, and a fresh certificate of incorporation dated July 25, 2024 was issued by the RoC.
The company specializes in processing transformer components, including transformer laminations, Cold Rolled Grain Oriented Electrical Steel (CRGO) slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades CRGO and Cold Rolled Non-Oriented Steel (CRNO) coils, as well as amorphous ribbons. Additionally, it manufactures transformers and customized products for the power infrastructure industry. It also offers EPC services for setting up electrical substations, serving the power sector. It markets and sells its products under the brand name ‘Mangal Electrical’ which has strong reputation and brand recall value
The quality of its management team is enhanced with specific and extensive industry experience. Their industry experience enables it to anticipate and address market trends, manage and grow its operations, maintain and nurture customer relationships and respond to changes in the market. Further, its senior management team is able to leverage their collective experience and knowledge in the transformers manufacturing industry, to execute its business strategies for its growth.
Business area of the company
The company is in the business of processing transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core and oil immersed circuit breakers. It also trades CRGO and CRNO coils, as well as amorphous ribbons. Further, it manufactures transformers and customised products in the power infrastructure industry.
Products of the company
Awards, accreditations and recognition
History and milestones
Comment