Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations 30 and 33

Audit Opinion:

Limited Review Report by A Bafna & Co (FRN: 003660C) - Clean opinion with no material misstatements identified

Key Financial Highlights [Amount in ₹ Lakhs]:

Standalone Results:

Quarter ended June 30, 2026:

  • Revenue from Operations: ₹12,582.73
  • Other Income: ₹181.10
  • Total Income: ₹12,763.83
  • Profit Before Tax: ₹1,009.79
  • Tax Expense: ₹257.57 (Current Tax: ₹164.79, Deferred Tax: ₹92.78)
  • Profit for the Period: ₹752.22
  • EPS: ₹2.72 (Basic and Diluted, not annualized)
  • Paid-up Equity Share Capital: ₹2,763.01

Comparatives:

  • March 31, 2026 (Q4 FY26): Revenue ₹17,941.64, Profit ₹1,275.05, EPS ₹4.68
  • June 30, 2025 (Q1 FY26): Revenue ₹8,966.00, Profit ₹373.27, EPS ₹1.82
  • Full Year FY26: Revenue ₹57,967.86, Profit ₹4,317.10, EPS ₹17.46

Expense Breakdown for Q1 FY27:

  • Cost of Materials Consumed: ₹9,460.84
  • Purchase of Stock-in-Trade: ₹550.90
  • Changes in Inventories: ₹41.12
  • EPC Project Expenses: ₹33.25
  • Employee Benefit Expense: ₹755.94
  • Finance Costs: ₹185.60
  • Depreciation Expense: ₹98.73
  • Other Expenses: ₹627.66
  • Total Expenses: ₹11,754.04

Segment-wise Performance:

Manufacturing & Trading of Electrical Transformers, CRGO, Electrical Accessories & Other Related Items:

  • Segment Revenue: ₹11,400.74
  • Segment Results: ₹1,113.02
  • Segment Assets: ₹69,971.37
  • Segment Liabilities: ₹15,423.34

EPC Contract involving Electrical Items:

  • Segment Revenue: ₹1,181.99
  • Segment Results: ₹1,765.54
  • Segment Assets: ₹6,514.27
  • Segment Liabilities: ₹1,321.62

Corporate Actions:

  • Record Date fixed for 18th Annual General Meeting: Monday, August 17, 2026
  • 18th AGM to be held on Wednesday, August 26, 2026 at 2:00 PM IST via VC/OAVM

Other Significant Information:

Accounting Policy Change:

  • Changed depreciation method from Written Down Value (WDV) to Straight-Line Method (SLM) effective April 1, 2026
  • This change reduced depreciation expense by ₹1.30 crore for the quarter, increasing Profit Before Tax by corresponding amount

IPO Utilization:

  • Completed IPO in FY 2025-26 with fresh issue of 71,30,124 equity shares at ₹10 face value with ₹551 premium, aggregating ₹40,000.00 Lakhs
  • Utilized ₹31,509.37 Lakhs (including issue expenses) as of June 30, 2026
  • Unutilized amount: ₹8,490.63 Lakhs lying with bank
  • Shares listed on NSE and BSE on August 28, 2025

Trading Window:

  • Trading window for designated persons to open 48 hours after dissemination of this announcement

Notes:

  • Figures for previous periods regrouped and reclassified for consistency
  • Segment reporting as per IND AS 108 with two reportable segments
  • Results available on company website (www.mangals.com) and stock exchange websites