Mangalam Worldwide Earnings Call: Key Takeaways
MWL reported FY26 revenue of ₹1,215 Cr (up 14%) and PAT of ₹50 Cr (up 70%). The company migrated to the NSE mainboard and expanded into new export markets.
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MWL reported FY26 revenue of ₹1,215 Cr (up 14%) and PAT of ₹50 Cr (up 70%). The company migrated to the NSE mainboard and expanded into new export markets.
Goldiam International Limited launched India’s first digital 3D ring builder platform under its ORIGEM brand. The web-based tool allows customers to customize and visualize lab-grown diamond rings in real-time 3D. This omnichannel innovation aims to enhance customer engagement and strengthen Goldiam's position in the growing lab-grown diamond retail market.
GK Energy Limited received a Rs. 353.89 Crore contract from Maharashtra State Electricity Distribution Company Limited for 15,000 solar water pumping systems. The project, under the Magel Tyala Saur Krushi Pump Yojana, must be executed within 60 days of work order issuance, significantly boosting the company's revenue visibility.
Larsen & Toubro's Minerals & Metals business secured a 'Mega' order from JSW Steel for engineering, procurement, and installation of facilities in Karnataka and Odisha. Valued at ₹10,000 Crore, this is L&T's largest-ever domestic metals order, strengthening its decade-long partnership with JSW as they expand crude steel capacity to 50 MTPA by 2031.
Steel Exchange India Limited received a 5-year renewal of approval from the Military Engineer Services (MES), Ministry of Defence. This permits the continued manufacturing and supply of SIMHADRI TMT bars (grades Fe 500D and Fe 500D HCRM) from its Vizianagaram plant. The renewal sustains the company's participation in government and infrastructure projects.
Aurobindo Pharma's Unit-VII in Telangana received an Establishment Inspection Report (EIR) from the US FDA. The facility is classified as Voluntary Action Indicated (VAI), and the inspection is now closed. This follows a January-February 2026 inspection that initially resulted in nine observations.
Gujjubhai Industries Limited received listing approval from BSE for 1,38,13,666 equity shares of Rs. 10/- each. These shares were allotted to shareholders of Gujjubhai Food Private Limited following its amalgamation into the company. Trading approval for these securities will be granted after the submission of required credit confirmation documents.
63 moons technologies subsidiary Ticker Limited provided updates on Baron Infotech's CIRP. The NCLT Hyderabad Bench directed the Resolution Professional to consider contentions from prospective applicant Vivek Kumar Ratakonda. A Resolution Plan by Innopark (India) has been filed, though its finality remains subject to NCLT approval.
Oswal Pumps Limited secured a ₹162.06 Crore order from MSEDCL for 6,869 Off-Grid DC Solar Water Pumping Systems under the PM Kusum B Scheme. The project is to be executed within one year across Maharashtra. This significant win reaffirms the company's position as a preferred partner for large-scale solar water pumping solutions.
NMDC Limited has announced a revision in iron ore prices effective May 6, 2026. Baila Lump (65.5%) is fixed at ₹5,500 per ton and Baila Fines (64%) at ₹4,700 per ton. These prices exclude royalties, taxes, and other statutory cesses. This update provides pricing transparency for the company's mineral output.
Mobavenue AI Tech Limited announced sustainability and healthcare initiatives for FY 2025–26, including planting 15,000 trees to sequester ~10,000 tonnes of carbon. The company also conducted cervical cancer awareness sessions and provides ongoing medical financial support via the SJKRCC Trust. These ESG-focused initiatives reflect the company's commitment to social and environmental responsibility.
Angel One Limited released its business update for April 2026, reporting a 20% Y-o-Y growth in its client base to 37.79 million. Overall Average Daily Turnover (ADTO) grew 41.3% Y-o-Y to ₹52,210 Billion. Despite seasonal moderation in daily orders from March levels, the company maintained strong retail market share across equity segments.
Gallantt Ispat Limited announced the resignation of Independent Directors Mrs. Smita Modi and Mr. Pankaj Khanna, effective May 05, 2026. Both directors cited work pressure and other professional commitments as reasons for their departure. The company confirmed there are no other material reasons for these resignations.