Mangal Electrical Industries (NSE:MEIL) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
21 GF Score
Price ₹272.50
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What is Mangal Electrical Industries Debt-to-Equity?

Mangal Electrical Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Mangal Electrical Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Mangal Electrical Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mangal Electrical Industries's Debt-to-Equity or its related term are showing as below:

NSE:MEIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.82   Max: 1.72
Current: 0.08

During the past 5 years, the highest Debt-to-Equity Ratio of Mangal Electrical Industries was 1.72. The lowest was 0.08. And the median was 0.82.

NSE:MEIL's Debt-to-Equity is ranked better than
77.84% of 2685 companies
in the Industrial Products industry
Industry Median: 0.28 vs NSE:MEIL: 0.08

Mangal Electrical Industries  (NSE:MEIL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mangal Electrical Industries Debt-to-Equity Related Terms

Mangal Electrical Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mangal Electrical Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mangal Electrical Industries Debt-to-Equity Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
1.72 1.03 0.80 0.92 0.08

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A 0.12 N/A 0.08 N/A

NSE:MEIL vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mangal Electrical Industries Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mangal Electrical Industries's Debt-to-Equity falls into.


NSE:MEIL
21GF Score
Mangal Electrical Industries Ltd NSE:MEIL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangal Electrical Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mangal Electrical Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(434.178 + 20.128) / 5903.666
=0.08

Mangal Electrical Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
21GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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