Meghmani Organics Ltd
Meghmani Organics is engaged in manufacturing and selling of pigment and agrochemicals products.
- Market Cap ₹ 2,071 Cr.
- Current Price ₹ 81.4
- High / Low ₹ 88.0 / 31.8
- Stock P/E 8.18
- Book Value ₹ 52.2
- Dividend Yield 1.23 %
- ROCE 21.7 %
- ROE 26.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 39.15% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.62%
Cons
- Company might be capitalizing the interest cost
Peer comparison
Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
450 | 471 | 476 | 501 | 552 | 558 | 616 | 532 | 522 | 520 | 428 | 626 | |
333 | 351 | 352 | 385 | 407 | 399 | 481 | 422 | 418 | 436 | 332 | 453 | |
Operating Profit | 117 | 120 | 124 | 117 | 145 | 159 | 135 | 110 | 105 | 84 | 96 | 172 |
OPM % | 26% | 25% | 26% | 23% | 26% | 28% | 22% | 21% | 20% | 16% | 23% | 28% |
Other Income | 2 | 13 | 14 | 17 | 4 | -18 | 4 | 18 | 8 | 26 | 3 | 2 |
Interest | 10 | 9 | 13 | 17 | 8 | 18 | 7 | 6 | 14 | 16 | 10 | 12 |
Depreciation | 24 | 24 | 24 | 24 | 25 | 24 | 22 | 22 | 22 | 22 | 23 | 32 |
Profit before tax | 84 | 100 | 100 | 93 | 117 | 99 | 110 | 100 | 77 | 73 | 66 | 130 |
Tax % | 26% | 23% | 23% | 33% | 32% | 22% | 29% | 3% | 26% | 21% | 29% | 29% |
Net Profit | 44 | 50 | 64 | 55 | 66 | 66 | 57 | 84 | 48 | 51 | 39 | 81 |
EPS in Rs | 1.71 | 1.97 | 2.50 | 2.16 | 2.61 | 2.61 | 2.24 | 3.32 | 1.87 | 2.02 | 1.54 | 3.19 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
791 | 816 | 1,045 | 1,062 | 1,058 | 1,178 | 1,294 | 1,332 | 1,420 | 1,800 | 2,088 | 2,191 | 2,096 | |
702 | 693 | 896 | 904 | 873 | 983 | 1,078 | 1,063 | 1,131 | 1,365 | 1,540 | 1,756 | 1,639 | |
Operating Profit | 89 | 124 | 149 | 158 | 186 | 196 | 217 | 269 | 288 | 434 | 548 | 436 | 458 |
OPM % | 11% | 15% | 14% | 15% | 18% | 17% | 17% | 20% | 20% | 24% | 26% | 20% | 22% |
Other Income | 2 | 18 | 8 | 13 | 12 | 6 | -7 | 17 | 9 | 26 | 14 | 55 | 39 |
Interest | 26 | 42 | 54 | 74 | 64 | 68 | 75 | 63 | 51 | 40 | 56 | 43 | 51 |
Depreciation | 17 | 51 | 69 | 75 | 75 | 80 | 75 | 77 | 91 | 95 | 97 | 89 | 100 |
Profit before tax | 48 | 48 | 34 | 23 | 58 | 54 | 60 | 146 | 156 | 326 | 409 | 359 | 345 |
Tax % | 23% | 18% | 13% | 84% | 51% | 34% | 23% | 24% | 25% | 27% | 28% | 20% | |
Net Profit | 37 | 52 | 38 | 3 | 17 | 23 | 44 | 82 | 88 | 171 | 251 | 240 | 219 |
EPS in Rs | 1.46 | 2.03 | 1.49 | 0.14 | 0.68 | 0.90 | 1.73 | 3.24 | 3.45 | 6.74 | 9.88 | 9.44 | 8.62 |
Dividend Payout % | 23% | 20% | 27% | 73% | 15% | 11% | 23% | 9% | 12% | 6% | 10% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 16% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 39% |
3 Years: | 35% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 33% |
3 Years: | -8% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 26% |
3 Years: | 30% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
Reserves | 403 | 442 | 469 | 451 | 477 | 493 | 526 | 606 | 693 | 845 | 978 | 1,184 | 1,303 |
Borrowings | 569 | 639 | 715 | 763 | 717 | 754 | 644 | 578 | 461 | 386 | 716 | 790 | 663 |
264 | 242 | 257 | 246 | 321 | 391 | 346 | 384 | 401 | 555 | 657 | 738 | 959 | |
Total Liabilities | 1,261 | 1,349 | 1,466 | 1,485 | 1,540 | 1,663 | 1,542 | 1,594 | 1,580 | 1,811 | 2,376 | 2,737 | 2,951 |
199 | 641 | 654 | 656 | 623 | 689 | 781 | 735 | 778 | 795 | 737 | 926 | 1,603 | |
CWIP | 418 | 44 | 56 | 86 | 165 | 126 | 23 | 92 | 19 | 103 | 518 | 792 | 219 |
Investments | 41 | 19 | 36 | 20 | 25 | 1 | 24 | 1 | 29 | 72 | 1 | 1 | 31 |
602 | 645 | 720 | 724 | 728 | 848 | 713 | 766 | 754 | 841 | 1,122 | 1,018 | 1,097 | |
Total Assets | 1,261 | 1,349 | 1,466 | 1,485 | 1,540 | 1,663 | 1,542 | 1,594 | 1,580 | 1,811 | 2,376 | 2,737 | 2,951 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
55 | 81 | 126 | 134 | 205 | 136 | 252 | 201 | 259 | 405 | 375 | 404 | |
-313 | -114 | -119 | -75 | -94 | -46 | -59 | -73 | -96 | -274 | -291 | -481 | |
289 | 31 | 9 | -50 | -132 | -60 | -213 | -134 | -164 | -128 | 45 | -48 | |
Net Cash Flow | 30 | -1 | 16 | 8 | -21 | 30 | -19 | -6 | -1 | 2 | 129 | -125 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 % | 12% | 9% | 8% | 8% | 10% | 10% | 12% | 18% | 18% | 30% | 33% | 22% |
Debtor Days | 131 | 141 | 120 | 114 | 117 | 109 | 89 | 90 | 85 | 76 | 75 | 88 |
Inventory Turnover | 5.41 | 4.60 | 5.03 | 4.42 | 3.90 | 3.62 | 3.72 | 3.08 | 3.21 | 4.04 | 3.38 | 3.59 |
Documents
Add documentRecent announcements
- Shareholding for the Period Ended December 31, 2020 12 Jan
- Statement Of Investor Complaints For The Quarter Ended December 2020 8 Jan
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan
- Closure of Trading Window 1 Jan
- Notice Of The National Company Law Tribunal Convened Meeting Of Secured Creditors Of Meghmani Organics Limited. 28 Dec
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2013 from nse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2010 from bse
- Financial Year 2009 from nse