NSEReply to Clarification- Financial results2d ago · 20 Jul 2026, 05:59 pm
Reply to Clarification- Financial results
Mangal Electrical Industries Limited · MEIL
✦ AI SummaryResults
Mangal Electrical Industries Limited responds to a clarification from the National Stock Exchange of India regarding the company's financial results for the quarter ended June 30, 2025. The company clarifies that it has only one reportable segment in accordance with Ind AS 108, and therefore separate segment information was not disclosed in the unaudited financial results.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
The Exchange had sought clarification from Mangal Electrical Industries Limited for the quarter ended 30-Jun-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.
Attachments (1)
📄pdf
Download →
MANGALS_18072026124547_NSE_Clarification.pdf
View document text
July 18, 2026
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400 051, Maharashtra, India
Symbol: MEIL
Dear Sir/Madam
Subject: Segment details not submitted
Reference: Your email dated July 14 2026 with reference to Segment details not submitted
– Financial Results submitted to the Exchange dt 16.09.2025.
Dear Sir,
With reference to above, we would like to submit as under:
(1) Our Company is primarily involved in manufacturing of Electrical Transformers,
CRGO, electrical accessories and other related items and is also involved in execution
of EPC Contracts involving Electrical Items. The Company's registered office is at C-
61, C-61(A&B), Road No. 1C, VKI Area, Jaipur, Rajasthan, India, 302013 and its
manufacturing units are located at Jaipur, Reengus (Sikar) & Pratapgarh Rajasthan.
(2) As per our accounting policy No XXIII disclosed in Annual Financial Statements for
the year ended March 31, 2025 “Segment Reporting - Operating segments are those
components of the business whose operating results are regularly reviewed by the chief
operating decision making body in the Company to make decisions for performance
assessment and resource allocation. The company is primarily involved in
manufacturing and trading of Electrical Transformers, CRGO, Electrical Accessories
and other related items and is also involved in execution of EPC contracts involving
Electrical Items. The main business of the Company is of manufacturing and sales of
Electrical Transformers, CRGO and other electrical accessories. All other activities of
the Company revolve around the main business and the chief operating decision making
body in the company reviews the same as only one segment i.e. related to power.
Therefore, there is only one reportable segment. Further, there are no reportable
geographic segments.”
(3) Further in accordance with the Para 11 of Ind AS 108 “Reportable Segments - An
entity shall report separately information about each operating segment that:
(a) has been identified in accordance with paragraphs 5–10 or results from
aggregating two or more of those segments in accordance with paragraph
12, and
(b) exceeds the quantitative thresholds in paragraph 13.
(4) The prescribed threshold limit as per Ind AS 108 for identification of reportable
segments with respect to various work streams of the company was not getting
exceeded for the year ended March 31, 2025 and the Chief operating decision making
body in the company also reviews the same as only one segment i.e. related to power.
Therefore, there is only one reportable segment. Further, there are no reportable
geographic segments.”
(5) Accordingly, for the quarter ended June 30, 2025, the Company had concluded that it
had only one reportable segment in accordance with the requirements of Ind AS 108.
Therefore, separate segment information was not disclosed in the unaudited financial
results for the said quarter.
In view of our submission, you are requested to kindly drop the query, we will be glad to furnish
any other information desired by you in this regard.
Yours Sincerely
For Mangal Electrical Industries Limited
(Rahul Mangal)
Managing Director
DIN: 01591411