What’s new

• Revenue grew 35% to ₹34.02 cr; net profit rose to ₹6.05 cr from ₹4.57 cr in FY25.
• Board recommended a final dividend of ₹0.50 per share, a 1% yield on current market cap.
• Company confirmed its ₹16.22 cr IPO proceeds have been fully used for IT purchases and corporate purposes.

Why it matters

Mangal is rewarding shareholders just two years after listing on the SME platform. The dividend, modest in absolute terms, is a first for a company that raised ₹16.22 cr from public markets in late 2024. The clean utilization report removes a governance question that typically lingers post-IPO.

What we’re watching

• Whether the dividend payout becomes a regular fixture or a one-off after the IPO.
• Sustainability of the 35% topline growth rate beyond the first post-IPO year.
• Any future capital expenditure plans given the market cap is just ₹68 cr.

The full read

Mangal Compusolution grew revenue 35% to ₹34.02 cr in its first full financial year after listing on the SME platform. Net profit rose to ₹6.05 cr from ₹4.57 cr a year earlier. The board has now recommended a ₹0.50 per share final dividend, the company's first. The payout is a 1% yield on a market cap of ₹68 cr. In the same filing, Mangal confirmed the full ₹16.22 cr it raised in the 2024 IPO has been spent on IT equipment and corporate uses, with no deviations. For a company of this size, the dividend is less about the yield and more about the message: the IPO money has been deployed, it is generating returns, and the board is comfortable sharing some of those early cash flows.

Primary source: BSE · NSE