Mangalam Organics Ltd

Mangalam Organics Ltd is engaged in the business of manufacturing of Camphor, Resin and Sodium Acetate.

Add ratio:

Pros:

Company has reduced debt.

Company is virtually debt free.

Company has delivered good profit growth of 67.58% CAGR over last 5 years

Company has a good return on equity (ROE) track record: 3 Years ROE 49.06%

Cons:

Peer comparison Sector: Chemicals // Industry: Chemicals

Loading peers table ...

Detailed Comparison with:

	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020
	71.15	78.36	56.42	87.71	109.09	121.43	106.40	91.08	120.98	80.54	81.92	48.69
	64.56	71.45	49.11	71.00	89.01	77.13	78.85	71.72	93.94	66.95	55.56	35.94
Operating Profit	6.59	6.91	7.31	16.71	20.08	44.30	27.55	19.36	27.04	13.59	26.36	12.75
OPM %	9.26%	8.82%	12.96%	19.05%	18.41%	36.48%	25.89%	21.26%	22.35%	16.87%	32.18%	26.19%
Other Income	0.28	0.26	0.49	0.27	5.75	-5.34	2.15	0.78	1.07	-5.08	-6.01	0.21
Interest	0.81	0.40	0.30	0.54	0.84	1.29	0.96	1.53	1.73	1.12	0.84	0.46
Depreciation	0.94	1.74	1.83	1.37	1.42	1.40	2.02	1.55	2.11	2.12	3.20	2.17
Profit before tax	5.12	5.03	5.67	15.07	23.57	36.27	26.72	17.06	24.27	5.27	16.31	10.33
Tax %	0.00%	24.06%	47.97%	19.91%	21.21%	27.57%	41.02%	11.72%	33.00%	28.46%	21.28%	24.20%
Net Profit	5.12	3.82	2.96	12.07	18.57	26.27	15.75	15.06	16.26	3.77	12.85	7.83
EPS in Rs	5.66	4.21	3.13	14.10	21.69	30.67	18.08	17.58	18.99	4.40	14.56	9.14
	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes	Notes

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	TTM
	113	146	190	220	210	231	239	169	176	241	425	375	332
	105	131	168	207	196	213	223	196	164	216	316	288	252
Operating Profit	7	15	22	13	14	19	15	-27	12	25	109	86	80
OPM %	7%	10%	12%	6%	6%	8%	6%	-16%	7%	10%	26%	23%	24%
Other Income	0	1	1	1	2	1	4	31	1	1	3	-9	-10
Interest	4	2	4	7	6	8	6	6	4	3	4	5	4
Depreciation	3	3	4	4	4	5	6	5	5	6	6	9	10
Profit before tax	1	11	15	3	5	7	7	-7	3	18	102	63	56
Tax %	45%	35%	36%	-3%	29%	33%	39%	-41%	-63%	21%	28%	24%
Net Profit	1	7	10	3	3	5	4	-10	5	14	73	48	41
EPS in Rs			10.51	3.71	3.85	5.29	4.64	0.00	5.34	15.97	84.84	55.97	47.09
Dividend Payout %	0%	12%	9%	0%	0%	0%	0%	0%	0%	6%	1%	2%

* Sales is net of excise duty and discounts

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	17	23	31	34	37	42	43	33	38	52	113	159
Borrowings	14	12	31	51	39	55	70	64	50	40	50	20
	32	41	66	51	55	52	43	37	28	28	22	27
Total Liabilities	71	85	138	145	141	158	166	143	125	129	193	215
	31	37	42	44	50	50	48	35	32	33	51	102
CWIP	0	1	1	4	1	0	0	0	0	1	4	3
Investments	0	0	0	0	0	0	0	0	0	1	0	0
	40	47	94	98	89	108	118	108	93	95	138	110
Total Assets	71	85	138	145	141	158	166	143	125	129	193	215

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
	24	14	-7	-4	27	-5	-0	12	21	25	29	93
	-3	-10	-9	-7	-9	-3	-8	-2	-2	-7	-27	-59
	-20	-1	14	12	-18	8	9	-12	-18	-13	-6	-36
Net Cash Flow	0	4	-2	1	0	0	1	-2	1	5	-4	-2

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
ROCE %	10%	31%	32%	12%	12%	16%	11%	-1%	7%	21%	77%	44%
Debtor Days	40	36	36	46	48	54	33	26	36	36	32	31
Inventory Turnover	4.19	6.67	4.19	3.39	3.60	3.95	3.35	3.00	3.21	5.13	5.16	3.44

Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020
46.91	46.91	46.91	49.58	49.58	49.58	49.91	50.01	51.87	51.87	54.91	54.91
0.00	0.00	0.00	0.00	0.00	0.14	0.14	0.14	0.00	0.00	0.00	0.00
0.03	0.00	0.00	0.00	0.00	0.02	0.06	0.06	0.00	0.01	0.00	0.00
53.07	53.09	53.09	50.42	50.42	50.26	49.89	49.80	48.13	48.12	45.09	45.09