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Max
Open21.05
High23.05
Low21.05
Prev. Close22.95
Avg. Traded Price22.52
Volume38,000

MARKET DEPTH

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HIGH/LOW

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LOW/HIGH

21.057 hours ago
23.056 hours ago
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LOWER/UPPER CIRCUITS

20.90
23.10
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Manglam Infra Engineering Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 14.18%, in the last year to ₹46.25 Cr. Its sector's average revenue growth for the last fiscal year was 6.03%.
notePrice to Earning Ratio,is 13.2, lower than its sector PE ratio of 37.64.
noteInterest Coverage Ratio,is 11.89, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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Manglam Infra Engineering Limited was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of ‘Manglam Associates’ pursuant to partnership deed dated February 17, 2010, between Yogendra Kumar Singh, Ajay Verma, Nisha Singh and Seema Verma having its principal place of business at Nikhil Nestles Jatkhedi, Hoshangabad road, University (Bhopal), Bhopal, Huzur, Madhya Pradesh on the terms and conditions contained in the said partnership deed. Further, the partnership firm was converted into Public Limited Company ‘Manglam Infra Engineering Limited’ on July 20, 2023, pursuant to Part I of Chapter XXI of the Companies Act, 2013 vide certificate of incorporation issued by Registrar of Companies, Central Registration Centre.Manglam Infra Engineering is an infrastructure consultancy company, and its core business is providing project management consultancy services which includes detailed project reports (DPRs), Supervision and quality control (SQC), and operation maintenance (OM) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It undertakes various project independently as well as through Joint ventures and MoUs (Memorandum of understanding) with other players in this industry. It caters to various state governments of Madhya Pradesh, Jammu Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand and Haryana and central government.Business area of the companyManglam Infra Engineering is engaged in business of providing all kind of advisory and consultancy services related with infrastructure, environment, water supply and sanitation, industrial planning urban designing, urban planning housing Project Management, civil designing, construction management, to act as consultants for construction of buildings and all types of constructed properties.Awards Recognitions2017: Performance Certificate by District Magistrate for outstanding performance and valuable contribution to the project supervision and quality control consultancy services of collectorate building works at Ashoknagar district, Madhya Pradesh.2021: Certificate from Consultants Review 10 Most Promising Environmental Consultants -2021.History and milestones2010: Business started in the name ‘Manglam Associates’ as Partnership Firm.2010: Received first work order for preparation of detailed project report and supervision and quality control consultancy for construction of rural roads under gram sampark sadak yojna, for the consultancy services package no. (a) CS-3101 in Betul; (b) CS3001, Raisen; and (c) CS-3301, Jabalpur, Madhya Pradesh., by rural engineering services.2012: Received work order for preparation of DPR for Pipraiya to Nayagaon road project.2014: Received work order in Consultancy services for preparation of Slum-free City plan of action and DPRs for 1st year slums in Nagar Palika Vidisha under Rajiv Awas Yojana.2017: Received work order for Consultancy Services (Carrying out Environmental Social Impact study Economical Analysis) for Construction of High level bridges on State Highways MDR’s in Madhya Pradesh.2018: Received work order for Authority’s Engineer for supervision of 2 lane with hard shoulders of pfutserophek road, in the state of Nagaland, under SARDP-NE on EPC mode, in association.2019: Procured ISO certification 9001:2015 for providing consultancy services for (engineer, planners, project management, supervision, quality control) specializing in highway, bridges, airports, urban and regional infrastructure development, water resources development and management, traffic and transportation, ports and tourism, institutional strengthening and capacity building, social economic and environmental impact assessment, in the name of ‘Manglam Associates’.2023: Conversion of partnership into Public Limited Company in the name and style of ‘Manglam Infra Engineering Limited’.
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