Meghmani Organics Ltd

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

Meghmani Organics Ltd

₹ 85.8 1.12%
22 Mar - 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 ₹ 2,182 Cr.
  • Current Price ₹ 85.8
  • High / Low ₹ 152 / 84.4
  • Stock P/E 7.64
  • Book Value ₹ 63.1
  • Dividend Yield 1.63 %
  • ROCE 24.1 %
  • ROE 22.6 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 137 to 79.3 days.
  • Company's working capital requirements have reduced from 142 days to 99.0 days

Cons

  • Company might be capitalizing the interest cost

* 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

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
299.14 426.71 447.70 463.10 498.14 548.22 640.28 811.81 783.41 645.70 549.43
243.27 325.39 357.21 428.34 410.08 469.95 561.89 678.03 651.56 567.32 496.54
Operating Profit 55.87 101.32 90.49 34.76 88.06 78.27 78.39 133.78 131.85 78.38 52.89
OPM % 18.68% 23.74% 20.21% 7.51% 17.68% 14.28% 12.24% 16.48% 16.83% 12.14% 9.63%
1.73 1.19 10.11 18.19 28.32 21.10 26.33 26.60 37.61 25.85 23.98
Interest 6.21 1.78 12.34 -9.14 9.45 -3.52 -3.33 6.80 9.44 -2.80 43.34
Depreciation 12.35 12.27 12.30 13.76 15.31 14.59 15.33 17.42 18.06 18.33 18.09
Profit before tax 39.04 88.46 75.96 48.33 91.62 88.30 92.72 136.16 141.96 88.70 15.44
Tax % 25.74% 25.89% 26.41% 25.45% 25.16% 26.09% 26.24% 24.93% 23.18% 25.42% 45.92%
Net Profit 28.99 65.55 55.90 36.03 68.57 65.26 68.38 102.21 109.06 66.15 8.35
EPS in Rs 5,798.00 13,110.00 11,180.00 7,206.00 2.70 2.57 2.69 4.02 4.29 2.60 0.33
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 TTM
700 1,637 2,498 2,790
595 1,353 2,119 2,393
Operating Profit 105 283 379 397
OPM % 15% 17% 15% 14%
130 30 102 114
Interest 18 11 9 57
Depreciation 22 51 63 72
Profit before tax 194 252 409 382
Tax % 23% 26% 26%
Net Profit 150 186 304 286
EPS in Rs 29,914.00 37,296.00 11.97 11.24
Dividend Payout % 17% 19% 12%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 30%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 22%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -18%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Sep 2022
25 25 25 25
Reserves 961 1,148 1,441 1,580
264 268 499 665
407 533 832 958
Total Liabilities 1,657 1,974 2,798 3,228
481 634 911 904
CWIP 101 112 188 429
Investments 191 304 211 230
885 924 1,487 1,665
Total Assets 1,657 1,974 2,798 3,228

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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

Shareholding Pattern

Numbers in percentages

7 recently
Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
51.51 49.36 49.41 49.29 49.37 49.37
1.34 1.25 1.25 1.44 1.64 1.57
0.00 0.00 0.00 0.00 0.08 0.34
0.00 0.00 0.04 0.05 0.05 0.05
47.14 49.38 49.29 49.23 48.87 48.69

* 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