Company reports 68% profit growth in Q1 FY26, exports to 20+ countries across Asia, Europe, Middle East, and Africa
Ahmedabad, Gujarat, India – August 25, 2025: Mangalam Worldwide Limited (MWL), one of India’s leading integrated stainless-steel manufacturers, has reinforced its global presence with a comprehensive stainless-steel portfolio catering to critical industries including pharmaceuticals, automotive, infrastructure, and chemical processing. With exports spanning over 20 countries across Asia, Europe, the Middle East, and Africa, MWL continues to position itself as a future-ready global leader in stainless steel solutions.
At the core of MWL’s strength is its vertically integrated ecosystem, covering the entire value chain — from melting and rolling to bright bar finishing and seamless pipe & tube manufacturing. The company operates four advanced production facilities in Gujarat:
Unit I (Halol) – Melting with AOD refinement
Unit II (Changodar) – Rolling
Unit III & IV (Kapadvanj) – Bright bars and seamless pipes
Together, these units deliver an annual capacity of 190,000 MT, enabling MWL to provide end-to-end stainless-steel solutions for global markets.
The company’s diverse product portfolio includes continuous cast billets, forging ingots, hot rolled and forged bars, bright bars (round, square, hex), and seamless pipes & tubes used in cleanrooms, heat transfer systems, and precision engineering. All products adhere to global benchmarks such as ASTM, ASME, DIN, JIS, and GOST, and are certified under ISO 9001:2015, PED, CE, BIS, and IBR standards.
Speaking on the company’s vision, Mr. Chandragupt Prakash Mangal, Managing Director, Mangalam Worldwide Limited, said:
> “At MWL, our vision is not just to manufacture stainless steel, but to engineer solutions that empower industries across the world. With our fully integrated ecosystem, global reach, and strong focus on quality, we are committed to being a reliable partner in building the future of industrial innovation and sustainability.”
Strong Q1 FY26 Financial Performance
MWL delivered robust growth in the first quarter of FY26:
Profit After Tax (PAT): ₹10.13 crore, up 68.40% from ₹6.01 crore in Q1 FY25
Total Income: ₹279.41 crore, a 21.37% increase from ₹230.21 crore in Q1 FY25
Adjusted EBITDA: ₹19.72 crore, up 53.04% from ₹12.88 crore in the same period last year
Backed by over 80 years of legacy under the Mangalam Group, MWL combines traditional business values with modern engineering practices. Guided by its philosophy “A Step Ahead”, the company continues to invest in technology, sustainability, and supply chain resilience, strengthening its role as a partner of choice for industries worldwide.
About Mangalam Worldwide Limited
Mangalam Worldwide Limited (MWL), part of the Mangalam Group, is one of India’s leading integrated stainless-steel manufacturers with a strong global presence. With four advanced manufacturing facilities in Gujarat, MWL delivers a wide range of stainless-steel solutions across industries. The company’s emphasis on innovation, quality, and sustainability underpins its mission to remain “A Step Ahead” in meeting global industrial needs.
