Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Financial Results for Q4 and Year FY 202302-05-2023
02-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Meghmani Organics Ltd.
Agrochemicals company Meghmani Organics announced Q4FY23 & FY23 results: Q4FY23: During Q4FY23, the company revenues stood at Rs 565 crore EBITDA stood at Rs 84 crore during the quarter and EBITDA margin was at 14.8% in Q4FY23 Ranked as #1 Fortune Next 500 Company by Fortune India FY23: During FY23, the company revenues stood at Rs 2,557 crore EBITDA stood at Rs 364 crore during the year, the EBITDA margin was at 14.2% in FY23 PAT stood at Rs 250 crore in FY23 Agrochemicals constitutes ~76% of the overall company’s revenue during FY23 Pigments constitutes ~24% of the overall company’s revenue Declared final dividend of 140% (INR 1.40/equity share) for FY23 Commenting on FY23 performance, Ankit Patel, CEO, said, “It gives me immense pleasure to share that Meghmani Organics was ranked #1 Fortune Next 500 company by Fortune India. We are grateful to all our stakeholders for their continued support of our capabilities and vision for over three decades. Despite challenging global macro-environment and inflationary pressure, Meghmani Organics' topline grew by 2.5% YoY to Rs 2,557 crore in FY23. We are adding meaningful capacities and capabilities in both pigment and agrochemical businesses gearing towards future growth. Phase I of the TIO2 plant (16,500 MTPA) is getting stabilised and it will add a meaningful contribution in FY24. The Company aims to commission its captive power plant in Q3 FY24 and double its TIO2 plant capacity to 33,000 MTPA in Phase II. I am happy to share that our agrochemicals vertical has bagged the prestigious Responsible Care® certification in FY23 reflecting the Company’s continuous improvement in safe chemicals management. It propels us to achieve excellence in Environmental, Health, Safety and Security (EHS&S;) performance in the coming years. The MPP is getting stabilised and is expected to make a notable contribution in FY24. The capex towards MNCL for manufacturing Nano Urea (Liquid) fertilizer is progressing as planned and commercial production is expected in Q4FY24. MNCL eyes annualized revenue of Rs 1,000 crore from the Nano Urea plant. The long-term supply contract for 5 years with a reputed multinational customer for agro products will add Rs 160 crore annually to the top line. Meghmani Organics continues to retain and attract new clients with its diversified product portfolio and quality products in both pigments and agrochemicals business. We are confident in achieving sustainable long-term growth for the esteemed stakeholders aided by our robust business model, financial prudence, and strong balance sheet.” Result PDF02-05-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Financial Results for Q4 & Year FY 202329-04-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Dividend Updates
Board recommended a Final Dividend for FY 2022-2329-04-2023
Meghmani Organics Ltd - 543331 - Board Meeting Held On April 29, 2023 And Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended On March 31, 2023
Board Meeting held on April 29, 2023 and submission of Audited Financial Results (Standalone and Consolidated) for the quarter and year ended on March 31, 2023.29-04-2023
Meghmani Organics Ltd - 543331 - Board Meeting Outcome for Outcome Of The Board Meeting Held On April 29, 2023 And Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended On March 31, 2023
1. Outcome of the Board Meeting held on April 29, 2023 and submission of Audited Financial Results (Standalone and Consolidated) for the quarter and year ended on March 31, 2023. 2. Recommended a final Dividend of Rs. 1.40 (140%) per equity share having face value of Rs. 1/- each for the financial year ended on March 31, 2023.29-04-2023
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Schedule of Earnings call to discuss Q4FY23 & FY23 Financial Results25-04-2023
Meghmani Organics Ltd - 543331 - Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Audited Financial Results And Recommendation Of Final Dividend For The Year Ended 31St March, 2023
Meghmani Organics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/04/2023 ,inter alia, to consider and approve Intimation of Board Meeting for consideration of Audited Financial Results and recommendation of final Dividend for the year ended 31st March, 202320-04-2023
Meghmani Organics stocks fall after fire at pigments plant at Panoli
Fire at the finished goods warehouse, no casualties or injuries, says Meghmani Organics17-04-2023