Mangalam Cement Limited: Business Overview, Financials & Competitive Analysis
Mangalam Cement Limited scores 5/10 on the AskCyborg Cyborg Score (Mixed). Cyclically improving profitability masks underlying structural challenges of sub-par growth and market share losses in a consolidating industry. The company exhibits mixed fundamentals with strong recent profitability improvements (513% net profit growth in Q2 FY26) but persistent structural challenges including low ROE of 5.6%, poor sales growth trajectory, and.
What is Mangalam Cement Limited's industry? Mangalam Cement Limited (mangalamcement.com) operates in Cement Manufacturing - India. AskCyborg classifies Mangalam Cement Limited under Cement Manufacturing - India in its company registry.
Mangalam Cement Limited is an India-based cement manufacturer incorporated in 1976, operating under the brand names Birla Uttam Cement and Mangalam ProMaxX. The company manufactures Portland Pozzolana, 43-grade, and 5...
Cyborg Score thesis
Cyclically improving profitability masks underlying structural challenges of sub-par growth and market share losses in a...
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Get Current Report FreeMangalam Cement Limited Overview
Pro stress-test →Mangalam Cement Limited is an India-based cement manufacturer incorporated in 1976, operating under the brand names Birla Uttam Cement and Mangalam ProMaxX. The company manufactures Portland Pozzolana, 43-grade, and 53-grade cement, with production facilities in Morak (Rajasthan) and Aligarh (Uttar Pradesh).
Strategic Profile
Pro stress-test →As a mid-sized player in India's fragmented cement sector, Mangalam Cement operates under professional management of the B.K. Birla group. However, the company faces headwinds with below-industry revenue growth of 6.72% over five years versus the industry average of 11.68%, reflecting market share erosion from 0.54% to 0.41% during the same period.
Competitive Landscape
Pro stress-test →Mangalam Cement operates in a highly fragmented but consolidating Indian cement market dominated by larger players like UltraTech, Ambuja, and Dalmia. The company's sub-scale operations and declining market share position it as a niche regional player. Key competitive disadvantage is limited geographic footprint with only two production facilities compared to national competitors.
Industry Context
Mangalam Cement Limited operates in Cement Manufacturing - India.
Key facts
Founded: 1976 · Headquarters: Kolkata, India · Market cap: $2.14B