Meghmani Organics Ltd

Meghmani Organi. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Meghmani Organics Ltd

₹ 89.1 -1.14%
25 Apr 2:03 p.m.
meghmani.com BSE: 543331 NSE : MOL
About

Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India.[1]Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.

It also manufactures a wide variety of commonly used pesticides for crop and non-crop applications, this include insect control in wood preservation and food grain storage.

Key Points

Business Overview
The Company’s operation includes manufacture and marketing of technical, intermediates and formulation of Crop Protection Chemicals for its Agro-Chemicals segment and Phthalocyanine Green 7, Copper Phthalocyanine Blue (CPC), Alpha Blue and Beta Blue for its Pigments segment. [1]

Website BSE NSE
  • Market Cap ₹ 2,266 Cr.
  • Current Price ₹ 89.1
  • High / Low ₹ 104 / 71.7
  • Stock P/E
  • Book Value ₹ 62.6
  • Dividend Yield 1.55 %
  • ROCE 18.2 %
  • ROE 16.2 %
  • Face Value ₹ 1.00
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.37.6 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

Sector: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
445 459 496 546 639 813 783 655 554 565 422 374 345
355 425 408 468 562 676 649 570 492 481 437 359 345
Operating Profit 90 34 87 78 77 137 134 85 61 84 -15 15 -0
OPM % 20% 7% 18% 14% 12% 17% 17% 13% 11% 15% -4% 4% -0%
10 18 28 21 26 27 38 26 24 9 7 13 10
Interest 12 -9 9 -4 -3 7 9 -3 43 15 4 12 26
Depreciation 12 14 15 15 15 15 16 16 16 20 21 20 21
Profit before tax 76 47 91 88 92 141 146 97 26 57 -34 -5 -38
Tax % 26% 25% 25% 26% 26% 24% 22% 25% 32% 21% 25% 20% 28%
56 35 68 65 68 107 114 73 18 45 -25 -4 -27
EPS in Rs 11,136.00 7,064.00 2.68 2.55 2.67 4.21 4.48 2.89 0.71 1.77 -0.99 -0.14 -1.07
Raw PDF
Upcoming result date: 11 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
693 1,623 2,494 2,557 1,705
589 1,343 2,114 2,192 1,622
Operating Profit 104 281 380 365 83
OPM % 15% 17% 15% 14% 5%
138 30 102 95 38
Interest 18 11 9 64 56
Depreciation 22 51 60 68 83
Profit before tax 201 249 412 327 -19
Tax % 22% 26% 25% 24%
157 185 308 250 -11
EPS in Rs 31,328.00 37,002.00 12.11 9.85 -0.43
Dividend Payout % 16% 19% 12% 14%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 55%
TTM: -39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 39%
TTM: -104%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 5%
Return on Equity
10 Years: %
5 Years: %
3 Years: 19%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 25 25 25 25 25
Reserves 957 1,142 1,415 1,631 1,567
264 268 499 696 666
406 532 794 649 458
Total Liabilities 1,652 1,967 2,733 3,001 2,716
481 633 735 999 986
CWIP 101 112 187 145 139
Investments 192 306 348 443 536
879 916 1,463 1,414 1,056
Total Assets 1,652 1,967 2,733 3,001 2,716

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
18 333 69 264
16 -306 -267 -356
-26 -14 187 111
Net Cash Flow 8 13 -11 19

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 244 91 79 77
Inventory Days 266 152 158 149
Days Payable 211 138 144 106
Cash Conversion Cycle 300 105 93 120
Working Capital Days 239 88 101 113
ROCE % 19% 24% 18%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.51% 49.36% 49.41% 49.29% 49.37% 49.37% 49.48% 49.50% 49.32% 49.32% 49.32%
1.34% 1.25% 1.25% 1.44% 1.64% 1.57% 1.53% 1.50% 1.34% 1.30% 1.52%
0.00% 0.00% 0.00% 0.00% 0.08% 0.34% 0.45% 0.45% 0.61% 0.26% 0.20%
0.00% 0.00% 0.04% 0.05% 0.05% 0.05% 0.05% 0.04% 0.04% 0.04% 0.04%
47.14% 49.38% 49.29% 49.23% 48.87% 48.69% 48.50% 48.51% 48.69% 49.09% 48.93%
No. of Shareholders 1,18,9781,26,6141,27,3061,29,4061,30,9921,28,5071,27,1981,31,3361,40,6721,40,8291,52,703

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls