Mangal Compusolution posts 35% revenue growth, declares first dividend
The nano-cap IT firm's annual revenue crossed ₹34 cr while net profit rose to ₹6.05 cr, prompting a 5% dividend payout.
What's new
- FY26 revenue rose 35% to ₹34.02 cr from ₹25.24 cr in FY25.
- Net profit grew to ₹6.05 cr from ₹4.57 cr.
- Board recommended a final dividend of ₹0.50 per share, a 5% payout on face value.
Why this matters
For a company with a ₹68 cr market cap, a ₹6.05 cr profit and a dividend signal that the post-IPO cash generation is real, not just a balance-sheet flush. The dividend yield works out to about 1% at the current price. The real test is sustaining 35% growth from a small base.
What we're watching
- Whether the growth rate holds in FY27 as post-IPO base effects fade.
- The trajectory of profit margins as revenue scales.
- Any further commentary on capital allocation beyond the IT-equipment spend.
The full read
Mangal Compusolution's first full-year results since its 2024 SME listing show the company is putting its capital to work. Revenue climbed 35% to ₹34.02 crore in FY26. Net profit rose to ₹6.05 crore from ₹4.57 crore. The board has recommended a ₹0.50-per-share dividend, its first, which translates to a yield of about 1% at the current ₹68 crore market cap. The company also confirmed the full utilisation of its ₹16.22 crore IPO proceeds, with no deviations. For a nano-cap that just went public, this is the baseline: prove the cash flows, return some capital, and show the IPO money wasn't wasted. The 35% growth rate is strong from a small base. The open question is whether that pace can hold as the post-IPO period normalises.
Questions answered
- How fast did Mangal Compusolution grow in FY26?
- Revenue jumped 35% to ₹34.02 crore from ₹25.24 crore in FY25. Net profit grew 32% to ₹6.05 crore from ₹4.57 crore.
- Is the dividend yield meaningful at the current price?
- The ₹0.50 per share dividend represents a yield of roughly 1% based on the company's ₹68 crore market capitalisation. It is a modest payout but notable for a company that only listed in late 2024.
- What did the company do with its IPO money?
- Mangal confirmed the full utilisation of its ₹16.22 crore IPO proceeds for specified IT equipment and corporate purposes, with no deviations from the stated use.
- What is the company's market capitalisation relative to its profit?
- At ₹68 crore, the market cap is roughly 11 times its FY26 net profit of ₹6.05 crore. The company remains a nano-cap.