Meghmani Organics Ltd

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

Meghmani Organics Ltd

₹ 84.7 -1.74%
18 Apr - close price
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 ₹ 2,154 Cr.
  • Current Price ₹ 84.7
  • High / Low ₹ 104 / 71.7
  • Stock P/E
  • Book Value ₹ 62.3
  • Dividend Yield 1.65 %
  • ROCE 16.1 %
  • ROE 14.2 %
  • Face Value ₹ 1.00
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.56.2 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

Consolidated Figures in Rs. Crores / View Standalone

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
448 463 498 548 640 812 783 646 549 574 426 379 352
357 428 410 470 562 678 652 567 497 496 448 371 360
Operating Profit 90 35 88 78 78 134 132 78 53 78 -22 8 -8
OPM % 20% 8% 18% 14% 12% 16% 17% 12% 10% 14% -5% 2% -2%
10 18 28 21 26 27 38 26 24 27 7 12 10
Interest 12 -9 9 -4 -3 7 9 -3 43 16 4 13 27
Depreciation 12 14 15 15 15 17 18 18 18 23 24 23 23
Profit before tax 76 48 92 88 93 136 142 89 15 67 -43 -16 -48
Tax % 26% 25% 25% 26% 26% 25% 23% 25% 46% 19% 20% 3% 20%
56 36 69 65 68 102 109 66 8 54 -34 -15 -38
EPS in Rs 11,180.00 7,206.00 2.70 2.57 2.69 4.02 4.29 2.60 0.33 2.13 -1.36 -0.60 -1.50
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
700 1,637 2,498 2,553 1,730
595 1,353 2,119 2,211 1,675
Operating Profit 105 283 379 342 56
OPM % 15% 17% 15% 13% 3%
130 30 102 114 56
Interest 18 11 9 66 60
Depreciation 22 51 63 77 92
Profit before tax 194 252 409 313 -40
Tax % 23% 26% 26% 24%
150 186 304 238 -34
EPS in Rs 29,914.00 37,296.00 11.97 9.35 -1.33
Dividend Payout % 17% 19% 12% 15%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 54%
TTM: -38%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 37%
TTM: -117%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -5%
Return on Equity
10 Years: %
5 Years: %
3 Years: 18%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 25 25 25 25 25
Reserves 961 1,148 1,441 1,644 1,559
264 268 499 824 854
407 533 832 705 499
Total Liabilities 1,657 1,974 2,798 3,198 2,937
481 634 911 1,166 1,149
CWIP 101 112 188 356 461
Investments 191 304 211 183 167
885 924 1,487 1,494 1,161
Total Assets 1,657 1,974 2,798 3,198 2,937

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
22 333 65 204
13 -307 -133 -418
-26 -14 58 234
Net Cash Flow 8 12 -10 21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 241 92 79 75
Inventory Days 271 152 161 158
Days Payable 209 137 144 108
Cash Conversion Cycle 302 106 96 124
Working Capital Days 239 89 99 113
ROCE % 19% 24% 16%

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