Results - Announcements
Mangalam Seeds Ltd share price slipped 1% to Rs 133.25 after the company's net profit plunged by 36.02% to Rs 2.54 crore, while revenue from operations dropped sharply 44.89% to Rs 34.08 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Agricultural Products industry group stocks on BSE stood at Rs 58395.56 crore, gaining 0.93%. It has improved by 8.10% over last one week and dipped slightly by 2.82% in last one month while the market capitalization of Mangalam Seeds Ltd has eased by 3.30% and 8.83% in the same period respectively.
Profit before tax (PBT) of Mangalam Seeds Ltd stood at Rs 2.79 crore in Q2 FY27, rising 9.84% year-on-year, and tanking 35.86% quarter-on-quarter. EBITDA came in at Rs 4 crore, slipping 6.91% YoY and plunging by 33.63% sequentially.
Total expenses tumbled by 46.17% to Rs 30.51 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 16.63 crore, slumping by 71.87% YoY, while employee benefits expense was at Rs 1.59 crore, inching up 1.92% YoY.
For FY26, revenue from operations tick up 8.78% to Rs 112.2 crore, while net profit fell 19.83% to Rs 8.25 crore, compared to previous FY. EBITDA surged by 1741% to Rs 16.27 crore, and PBT dropped 17.77% to Rs 10.27 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 13.75 crore in FY26, as against Rs 0.08 crore in FY25.
Mangalam Seeds Ltd crashed 15.56% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.74% during the same period.