Meghmani Organics Ltd - 543331 - Reg. 34 (1) Annual Report.
Meghmani Organics Limited submits herewith Notice of 3rd AGM along with the Annual Report of the Company for FY 2021-22 including Business Responsibility Report for information of Members. Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Attending Investors' conference scheduled on May 24, 2022 at Mumbai Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
One on One meeting with investor(s)/Analyst(s) on 12.05.2022. Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper publication of audited Financial Results (Standalone and Consolidated) for the fourth quarter and Year ended March 31, 2022 Meghmani Organics Ltd - 543331 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Submitting herewith an Annual Secretarial Compliance Report issued by M/s. Shahs & Associates, Company Secretaries for the financial year ended March 31, 2022 Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earning Conference Call held on May 2, 2022 for Q4 and FY2022 Financial Results Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Cessation
Meghmani Organics Limited informs that Mr. CS Liew and Mr. Bhaskar Rao, Independent Directors of the Company have ceased to be Director on expiry of the term on 4th May, 2022. Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on announcement of Q4 & FY2021-22 Audited Financial Results Meghmani Organics Ltd - 543331 - Audio Recording Of Earning Call Of Q4 & FY2021-22 Audited Financial Results
Audio recording of Earning Call of Q4 & FY2021-22 Audited Financial Results Q4FY22 Quarterly Result Announced for Meghmani Organics Ltd.
Agrochemicals firm Meghmani Organics declares Q4FY22 result: Meghmani Organics Ltd. (MOL) revenue grew by 77.1% YoY to Rs. 8,134 million in Q4 FY22 aided by higher capacity utilization along with improvement in volume & realization from pigment and agrochemicals business. Global commodities prices witnessed sharp inflation, which kept MOL raw material prices marginally higher. Despite challenges due to raw material price volatility and the global supply chain, the Company’s Gross Profit grew by 84% YoY to Rs. 3,339 million. Gross margin expanded by 164 bps YoY to 41.0%. During Q4 FY22, PAT grew by 202.9% YoY to Rs. 1,070 million and PAT margin stood at 13.2% in Q4FY22 against 7.7% in Q4 FY21. For FY 22, the Company’s revenue grew by 53.6% to Rs. 24940 million. PAT is up by 66.5% to Rs. 3080 million against Rs.1850 million in FY 21. On the Balance Sheet front, the Company’s Debt-Equity ratio stood at 0.34 as of 31st March 2022. Meghmani Organics return ratios i.e. ROCE and ROE (annualized) stands robust at 19.0% and 23.6%, respectively as of 31st March 2022. During Q3 FY22, Meghmani Organics acquired Kilburn Chemicals Ltd. thereby fast-tracking its foray into new pigment-Titanium Dioxide (TiO2 ). The aforesaid acquisition was funded from the Company’s internal accruals. The plant is located at Dahej, Gujarat and its existing Titanium Dioxide (TiO2 ) manufacturing capacity is pegged at 16,500 metric tons per annum (MTPA). MOL anticipates doubling its Titanium Dioxide (TiO2 ) capacity to 33,000 MTPA by Q3 FY24. Phase 1 with 16500 MTPA capacity will be operationalise by Q3 FY23. The aforesaid plant is expected to contribute ~Rs. 6,500-7,000 million to MOL’s topline on a full financial year basis at normal capacity utilisation. India’s chemical industry is at an inflection point thanks to the multinational companies opting ‘China plus one’ strategy. Meghmani Organics foresees huge untapped growth potential for India’s chemical industry and strives to bank on the growth opportunities by remaining committed to maximize its return on investment and create value for its esteemed stakeholders. Result PDF