Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Investor Presentation
Meghmani Finechem Limited submits herewith revised Earnings Presentation for Q3 FY2023 Financial Results.24-01-2023
24-01-2023
Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Meghmani Finechem Limited submits herewith Transcript of Earning Conference Call held on 19th January, 2023 for Q3/9M FY2023 Financial Results.23-01-2023
Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Meghmani Finechem Limited submits herewith newspaper advertisement published on January 20, 2023 in Economic Times (English edition) and Financial Express (English and Gujarati edition) for Un-audited Financial Results (Standalone and Consolidated) for the third quarter and nine months ended December 31, 2022.20-01-2023
Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to the requirement of Regulation 30 of SEBI (LODR) Regulations, 2015 read with Schedule-III Part-A thereof, Meghmani Finechem Limited provides you the Link of Audio recordings of Earning Conference Call of Q3/9M FY2023 Financial Results at the below path: https://www.meghmanifinechem.com/wp-content/uploads/2023/01/Q3FY23-1.mp3 or https://www.meghmanifinechem.com/results/#1593709078579-fb252a2b-ac0220-01-2023
Meghmani Finechem Ltd - 543332 - Intimation Of Record Date For Payment Of Interim Dividend For The Financial Year 2022-23.
Meghmani Finechem Limited informs that the Board of Directors at its meeting held on Thursday, 19th January, 2023 has fixed Wednesday, 1st February, 2023 as the record date for the purpose of payment of Interim Dividend at Rs. 2.50/-(i.e 25%) per Equity Shares of Rs. 10/- each, on 4,15,50,158 Equity Shares for the Financial year 2022-23.19-01-2023
Meghmani Finechem Ltd - 543332 - Corporate Action-Board approves Dividend
Meghmani Finechem Limited informs that the Board of Directors of the Company at its meeting held today i.e. on 19th January, 2023 has also declared Interim Dividend at Rs. 2.50/- (i.e. 25%) per Equity Share on 4,15,50,158 Equity Shares of Rs. 10/- each for the year FY 2022-23.19-01-2023
Q3FY23 Quarterly Result Announced for Meghmani Finechem Ltd.
Specialty chemicals company Meghmani Finechem announced Q3FY23 result: Q3FY23: Revenue grew 27% to Rs 538 crore on account of volume growth of 18% and higher realizations from majority products. Revenue contribution from derivative & specialty segment increased to 31% in Q3FY23 vs 25% in Q3FY22 EBITDA grew 18% YoY. Margin stood strong at 31% (33% Q3FY22) PAT grew 11% YoY to Rs 77 crore and PAT margin dropped by 2.2% on account of higher interest and depreciation due to the commissioning of new capacities 9MFY23: 9MFY23 revenue, EBIDTA and PAT surpassed FY22’s full-year numbers Revenue grew 55% to Rs 1,626 crore on account of 7% volume growth and high realizations PAT grew 80% to Rs 277 crore and margin improved to 17% vs 15% in 9MFY22, on account of higher realizations ROCE and ROE grew to 35% and 46% respectively on account of higher realization and volume growth “We have witnessed 18% volume growth in Q3FY23, resulting in Revenue growth of 27% YoY. Even in this volatile market, we have seen volume growth in all our products and have grown on an absolute basis. The new products that we commissioned in 9MFY23 have marginally started contributing to P&L; and we expect that contribution to increase from Q4FY23 onwards. Revenue contribution from derivatives & specialty segment increased to 31% in Q3FY23 vs 25% in Q3FY22. For CPVC resin, our product is well accepted by all customers and we are expected to reach optimum capacity utilization in Q4FY23. Considering the market size and growth potential, we are increasing our CPVC resin capacity to 75,000 TPA, by adding another 45,000 TPA. We are ready with the basic infrastructure required for CPVC resin expansion; hence we will be able to execute this project faster and at a lower capex compared to the 1st phase. This expansion will further strengthen our integrated complex as chlorine will be consumed as a key raw material in CPVC resin. MFL board has declared its 1 st maiden interim dividend of 25% on face value of Rs 10 (Rs 2.5 per equity share). With our expansion plans, we are moving in line with our long-term vision to become a fully integrated complex catering to diversified industries and grow consistently.” Maulik Patel, Chairman and Managing Director Result PDF19-01-2023
Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Meghmani Finechem Limited submits the Q3 FY23 Press Release.19-01-2023
Meghmani Finechem Ltd - 543332 - Announcement under Regulation 30 (LODR)-Investor Presentation
Meghmani Finechem Limited submits the Q3 FY23 Earnings Presentation.19-01-2023
Meghmani Finechem Ltd - 543332 - Expansion Of An Additional 45,000 TPA Production Capacity Of Chlorinated Polyvinyl Chloride Resin (CPVC Resin) Plant At Dahej, Gujarat.
Meghmani Finechem Limited informs that the Board of Directors of the Company in their meeting held today i.e. on 19th January, 2023 has approved the expansion of an additional 45,000 TPA production capacity of Chlorinated Polyvinyl Chloride Resin (CPVC Resin) plant at Dahej, Gujarat. Considering the above, Chlorinated Polyvinyl Chloride Resin (CPVC Resin) of Meghmani Finechem Limited ('MFL') now stands at of 75,000 TPA.19-01-2023