Meghmani Organics Results Earnings Call for Q1FY24
Conference Call with Meghmani Organics Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.14-08-2023
14-08-2023
Meghmani Organics Ltd - 543331 - Change In Directors - Updates
updates on change in Directors14-08-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Investor/Analyst meet scheduled on August 18, 2023 (one-to-one meeting)14-08-2023
Meghmani Organics Ltd - 543331 - Request Received For Re-Classification From Promoter Group Shareholder To Public Shareholder Category Under Regulation 31A(B) Of SEBI(LODR) Regulations, 2015
Meghmani Organics Limited submits the request received for re-classification from promoter group shareholder to public shareholder category14-08-2023
Q1FY24 Quarterly Result Announced for Meghmani Organics Ltd.
Agrochemicals company Meghmani Organics announced Q1FY24 results: During Q1FY24, revenues from operations were at Rs 422 crore; impacted by a prolonged challenging global macro-economic environment, demand slowdown, and decline in prices across the industry. During Q1FY24, EBITDA was at Rs (15) crore, impacted due to higher cost of operation due to lower capacity utilization coupled with destocking of inventory. Agrochemicals constitute ~71% of the overall company’s revenue during Q1FY24. Pigments constitute ~29% of the overall company’s revenue in Q1FY24. Net Profit of Rs (25) crore in Q1FY24 compared to Rs 114 crore in Q1FY23. EPS of Rs (0.99) in Q1FY24 compared to Rs 4.48 in Q1FY23. Commenting on Q1FY24 performance, Ankit Patel, Chairman & Managing Director said, “In testing times like these, our priority as the management of the company is to be able to withstand this downturn, overcome these challenging times and come out of it with enhanced wisdom and strength. During this time, we have adopted certain strategies such as cost rationalization wherein the management has proactively undertaken cost control measures, clearing the high-priced inventory, optimizing the working capital utilization, and enhancing the cash conversion cycle to maintain our balance sheet strength. Lastly, I would like to reiterate that our long-term goals remain intact. Some of the virtues such as our expanded infrastructure, plant compatibility, wider product range, and geographical reach will help Meghmani Organics to command a sustainable long-term position.” Result PDF14-08-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Meghmani Organics Limited the press release of Q1 FY 2024 financial results.14-08-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Investor Presentation
Meghmani Organics Limited submits the Investor Presentation of Q1 FY 2024 unaudited financial results.14-08-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Change in Directorate
Meghmani Organics Limited submits the Change in Directors.14-08-2023
Meghmani Organics Ltd - 543331 - Outcome Of The Board Meeting Held On August 14, 2023 Pursuant To Regulation 30 Of Sebl (Listing Obligations And Disclosure Requirements), Regulations, 2015
Meghmani Organics Limited submits the Standalone and Consolidated Unaudited Financial Results for the quarter ended on 30.06.2023.14-08-2023
Meghmani Organics Ltd - 543331 - Board Meeting Outcome for Outcome Of The Board Meeting Held On August 14, 2023 Pursuant To Regulation 30 Of Sebl (Listing Obligations And Disclosure Requirements), Regulations, 2015
Outcome of the Board Meeting held on August 14, 2023 pursuant to regulation 30 of SEBl (Listing Obligations and Disclosure Requirements), Regulations, 201514-08-2023