Mangal Electrical Industries Share Price Target 2025, 2026, 2030, 2040, 2050
Mangal Electrical Industries is an Indian company that makes and sells electrical parts mainly for power systems. They make important parts for transformers like special metal coils, cores, and circuit breakers. The company also builds different types of transformers, including small and large ones, as well as oil-filled and dry types. Besides making these products, they buy and sell metal coils used in transformers. They also help build electrical substations by providing engineering and construction services.
- 1 What is Mangal Electrical Industries Ltd NSE: MEIL?
- 2 Mangal Electrical Industries Share Price
- 3 Mangal Electrical Industries Share Price Target 2025
- 4 Mangal Electrical Industries share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Mangal Electrical Industries share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Mangal Electrical Industries stock?
- 12 Mangal Electrical Industries earnings results (Financials)
- 13 Is Mangal Electrical Industries stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Mangal Electrical Industries Ltd NSE: MEIL?
Mangal Electrical Industries is an Indian company that makes parts used in transformers and electrical services. They build metal sheets, magnetic cores, circuit breakers, and complete transformers. They also help set up electrical substations. The company is situated in Rajasthan and has several modern factories. It follows strong quality rules and has official approvals. It focuses on using new technology, saving energy, and caring for the environment. Their goal is to make reliable and eco-friendly products.
The company works with many different kinds of customers in India and other countries. These customers include power companies, big industries, builders, and government groups. Because it has many types of customers, the company is not too dependent on any one group. This helps keep the business safe from problems in one area and makes its income steadier. Having many customers also helps the company grow and stay strong, even when things change in the market. This helps the company keep growing and succeed both in India and abroad. In 2025, its share price target would be ₹958, as per our analysis.
By our prediction, its share price would be between ₹400 to ₹958 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 400 | 958 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
August | 500 | 680 |
September | 454 | 725 |
October | 400 | 841 |
November | 490 | 900 |
December | 788 | 958 |
It buys and prepares materials like special steel and magnetic cores used in transformers. This helps the company keep good quality and control costs. It also makes full transformers and helps set up electrical stations for customers. The company make and delivers products faster and more easily by handling many things itself. This helps save time and money while giving customers what they need when they need it. In 2026, its share price target would be ₹1524, as per our prediction.
Its share price would be between ₹884 to ₹1524 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 884 | 1524 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 884 | 974 |
February | 912 | 990 |
March | 925 | 1025 |
April | 938 | 1082 |
May | 984 | 1125 |
June | 990 | 1174 |
July | 1025 | 1225 |
August | 1054 | 1284 |
September | 1090 | 1325 |
October | 1158 | 1358 |
November | 1184 | 1458 |
December | 1354 | 1524 |
It is known for doing good work and keeping high standards. It has approval from important groups like NABL and Power Grid Corporation of India, which shows its products and services are reliable. The company also has certificates that show it cares about quality and the environment. It has good ratings from banks, which means people trust it to manage money well. The company’s sales have been growing, and more customers are buying from them. This steady growth helps the company stay strong and continue to do better in the future. In 2027, its share price target would be ₹2054, as per our analysis.
By our prediction, its share price would be between ₹1412 to ₹2054 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 1412 | 2054 |
The company buys and sells important materials like CRGO and CRNO coils and amorphous ribbons, which are used to make transformers. It also makes transformers in many sizes, from small to very large, to fit different power needs. Besides making these products, the company helps build electrical substations by taking care of everything, including planning, buying materials, and construction. It has five factories in Rajasthan that can produce a lot every year. These factories make many CRGO materials, transformers, oil-filled circuit breakers, and amorphous parts. In 2028, its share price target would be ₹2635, as per our prediction.
Its share price would be between ₹1974 to ₹2635 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1974 | 2635 |
The company makes important parts for transformers that help move to save energy. They make CRGO wide coils that work well in big transformers, slit coils that fit exactly in transformer cores, and CRGO core parts put together to lower energy loss. The company has many workers to keep everything running smoothly. It is strong because it has good leaders, special approvals that only a few companies get, many different customers, and it can handle many parts of making its products on its own. The company has also grown steadily over time. In 2029, its share price target would be ₹3124, as per our analysis.
By our prediction, its share price would be between ₹2547 to ₹3124 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 2547 | 3124 |
The company is approved by NABL and PGCIL labs, and it follows very strict quality rules. It has special permission from PGCIL to work on transformers and reactors for different voltage levels. The company has important certificates for quality and taking care of the environment, and sells its products to customers worldwide. The company uses advanced machines from Germany to check and make sure its products are of high quality and work well. In 2030, its share price target would be ₹3641, as per our prediction.
Its share price would be between ₹3074 to ₹3641 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 3074 | 3641 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3074 | 3158 |
February | 3090 | 3188 |
March | 3121 | 3221 |
April | 3174 | 3258 |
May | 3190 | 3299 |
June | 3224 | 3325 |
July | 3257 | 3358 |
August | 3284 | 3412 |
September | 3320 | 3457 |
October | 3358 | 3484 |
November | 3425 | 3552 |
December | 3512 | 3641 |
They produce many products and have strong factories to do this work. The company works with government power companies as well as private energy businesses. They focus a lot on making good quality products and have special approvals and certificates to prove it. They also use advanced machines to keep their products efficient. Overall, it is a reliable and quality-focused company in the power industry. In 2040, its share price target would be ₹8454, as per our analysis.
By our prediction, its share price would be between ₹7554 to ₹8454 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 7554 | 8454 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 7554 | 7687 |
February | 7584 | 7721 |
March | 7600 | 7765 |
April | 7625 | 7784 |
May | 7685 | 7800 |
June | 7724 | 7880 |
July | 7754 | 7954 |
August | 7881 | 8000 |
September | 7925 | 8138 |
October | 8054 | 8257 |
November | 8200 | 8356 |
December | 8311 | 8454 |
It works all across India and also sells transformer parts to countries like the Netherlands, UAE, Oman, USA, Italy, and Nepal. The company has 89 permanent employees and 120 contract workers, but there is some confusion because other reports say they have many more workers, so the company needs to explain this. The company’s revenue has been growing steadily, but profits dropped at times because some costs increased. It has good products, important approvals, and many different customers, which make it a strong company in the transformer and electrical field. In 2050, its share price target would be ₹17510, as per our prediction.
Its share price would be between ₹15884 to ₹17510 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 15884 | 17510 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 15884 | 15992 |
February | 15920 | 16084 |
March | 15987 | 16154 |
April | 16084 | 16354 |
May | 16157 | 16452 |
June | 16257 | 16568 |
July | 16356 | 16784 |
August | 16584 | 16981 |
September | 16847 | 17154 |
October | 16998 | 17254 |
November | 17144 | 17424 |
December | 17357 | 17510 |
Should I buy Mangal Electrical Industries stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 400 | 958 |
2026 | 884 | 1524 |
2027 | 1412 | 2054 |
2028 | 1974 | 2635 |
2029 | 2547 | 3124 |
2030 | 3074 | 3641 |
2040 | 7554 | 8454 |
2050 | 15884 | 17510 |
It is doing well, with more sales and higher profits recently. More people are buying their products, and the company is handling its work smartly. It makes electrical products, which are likely to stay in demand as more buildings and energy-saving systems are needed. The company does have some loans to pay. Overall, it seems to be growing in the right direction.
Mangal Electrical Industries earnings results (Financials)
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 208 | 121 | 218 | 354 | 449 |
Expenses + | 194 | 109 | 198 | 310 | 407 |
Operating Profit | 14 | 12 | 21 | 44 | 43 |
OPM % | 7% | 10% | 9% | 13% | 9% |
Other Income + | 4 | 1 | 1 | 4 | 3 |
Interest | 10 | 9 | 10 | 11 | 13 |
Depreciation | 4 | 3 | 3 | 4 | 4 |
Profit before tax | 5 | 1 | 8 | 33 | 28 |
Tax % | 36% | 4% | 24% | 25% | 25% |
Net Profit + | 3 | 1 | 6 | 25 | 21 |
EPS in Rs | |||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Is Mangal Electrical Industries stock good to buy? (bull case & bear case)

Bull Case:
- The company made ₹551 crore in sales last year, up from ₹449 crore the year before.
- Its profit more than doubled from ₹21 crore to ₹47 crore.
- It has 5 factories across India, so it can make products faster, control quality better, and save costs.
- It sells to over 180 customers in more than 15 countries, including big power companies.
- It has important quality certificates, which help it win big contracts, especially from the government.
- It gives great returns to its investors, with a Return on Net Worth (RoNW) of 45.25%, which means it uses investors’ money very well.
Bear Case:
- Over 50% of its sales come from just 10 customers.
- It uses CRGO steel, which is expensive, and its price keeps changing.
- Many other companies are making similar products, both in India and other countries.
Conclusion
It is a reliable company that makes parts for transformers and helps set up electrical systems. It has modern factories, works with many customers in India and other countries, and follows strict quality rules. The company is growing well, earning more money each year, and managing its costs carefully. It uses new technology, focuses on saving energy, and cares about the environment. With good planning and strong operations, the company is in a good position to keep growing in the future.