Mangalam Organics Ltd
Incorporated in 1981, Mangalam Organics
Ltd is a manufacturer of Camphor, Resin
and Sodium Acetate[1]
- Market Cap ₹ 408 Cr.
- Current Price ₹ 474
- High / Low ₹ 654 / 339
- Stock P/E 15.2
- Book Value ₹ 360
- Dividend Yield 0.00 %
- ROCE 7.48 %
- ROE 4.39 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 34.8 days to 17.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.19% over past five years.
- Company has a low return on equity of -1.19% over last 3 years.
- Earnings include an other income of Rs.21.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 375 | 338 | 491 | 493 | 494 | 530 | 578 | |
| 288 | 210 | 400 | 495 | 455 | 471 | 521 | |
| Operating Profit | 86 | 128 | 91 | -3 | 39 | 59 | 57 |
| OPM % | 23% | 38% | 19% | -1% | 8% | 11% | 10% |
| -9 | 1 | 1 | 0 | 1 | 0 | 21 | |
| Interest | 5 | 1 | 4 | 14 | 16 | 21 | 26 |
| Depreciation | 9 | 14 | 15 | 18 | 20 | 21 | 22 |
| Profit before tax | 63 | 114 | 73 | -34 | 4 | 17 | 30 |
| Tax % | 24% | 26% | 27% | -19% | -8% | 24% | |
| 48 | 85 | 54 | -27 | 4 | 13 | 24 | |
| EPS in Rs | 55.98 | 98.99 | 62.75 | -31.78 | 5.15 | 14.71 | 28.28 |
| Dividend Payout % | 2% | 2% | 2% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 3% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -26% |
| 3 Years: | -38% |
| TTM: | 275% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 2% |
| 3 Years: | -1% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | -1% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 159 | 243 | 296 | 267 | 272 | 285 | 300 |
| 20 | 24 | 212 | 190 | 173 | 272 | 352 | |
| 27 | 35 | 44 | 40 | 31 | 58 | 69 | |
| Total Liabilities | 215 | 311 | 560 | 506 | 485 | 624 | 729 |
| 102 | 121 | 198 | 227 | 244 | 269 | 262 | |
| CWIP | 3 | 0 | 8 | 1 | 5 | 26 | 61 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 110 | 191 | 354 | 277 | 236 | 328 | 406 | |
| Total Assets | 215 | 311 | 560 | 506 | 485 | 624 | 729 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 93 | 26 | -84 | 77 | 73 | -8 | |
| -59 | -28 | -100 | -41 | -40 | -67 | |
| -36 | 2 | 183 | -36 | -33 | 74 | |
| Net Cash Flow | -2 | 0 | -1 | 1 | 1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 31 | 37 | 33 | 35 | 41 | 48 |
| Inventory Days | 113 | 314 | 321 | 201 | 164 | 285 |
| Days Payable | 20 | 71 | 43 | 35 | 28 | 63 |
| Cash Conversion Cycle | 124 | 280 | 311 | 202 | 177 | 269 |
| Working Capital Days | 72 | 110 | 109 | 56 | 31 | 17 |
| ROCE % | 50% | 20% | -4% | 4% | 7% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jan - Copy of certificate received under Regulation 74 (5) of SEBI (DP) Regulations, 2018 from MUFG INTIME INDIA PVT LTD, the Registrar to an Issue and …
- Closure of Trading Window 26 Dec
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Details On Execution Of Loan Agreement
29 Nov 2025 - Rs 12 Crore ad-hoc working-capital loan from Axis Bank; 90-day tenure; executed December 2, 2025.
-
Board Meeting Outcome for OUTCOME OF THE BOARD MEETING AND DETAILS OF LOAN AGREEMENT WITH AXIS BANK LIMITED
29 Nov 2025 - Board on Nov 29, 2025 approved Rs12 crore Axis Bank ad‑hoc working capital loan; 90‑day, interest 1Y MCLR+2%
-
Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Notice Issued By The Office Of The Assistant Commissioner Of State Tax
22 Nov 2025 - Mangalam Organics received Nov 21, 2025 GST summons for investigation under Section 67; cooperating; no material financial impact.
Annual reports
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Financial Year 2025
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2025TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Oct 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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Business Overview:[1][2]
MOL is the world's largest manufacturer
of Camphor. It is an ISO 9001 /14001
/OHSAS 18001 Certified manufacturer
of Pine Chemicals such as Terpene, Synthetic Resins, etc. Company also has retail operations which include homecare and personal care products under the brand names CamPure and Mangalam