Meghmani Organics Ltd - 543331 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on 31.03.2022.18-04-2022
18-04-2022
Meghmani Organics Ltd - 543331 - Compliance Certificate For The Year Ended On 31.03.2022.
Compliance Certificate for the year ended on 31.03.2022.18-04-2022
Meghmani Organics Ltd - 543331 - Certificate Under Regulation 40(9) Of SEBI (LODR) 2015 For 31.03.2022.
We are forwarding herewith Certificate under regulation 40(9} of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Year ended on 31st March, 2022 issued by Mr. K J Shah of Shahs & Associates, Ahmedabad certifying that all the Certificates have been issued within 30 days of the lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/ allotment monies, as applicable.13-04-2022
Meghmani Organics Ltd - 543331 - Closure of Trading Window
In terms of the provisions of sub-regulation (1) of Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and trading restrictions placed by the Company''s Code of Conduct to Regulate, Monitor and Reporting of Trading by Insiders {"The Code"}, we wish to inform that window for trading in Equity Shares of the Company will remain closed from April 01, 2022 till the expiry of 48 hours after the declaration of the audited Financial Results for the quarter and year ended March 31, 2022 {Q4 FY 2021-22} and the trading window shall re-open thereafter.29-03-2022
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Virtual meet with investors/analyst in 'Axis Capital India Chemicals Conference 2022' hosted by Axis Capital on 29th March, 202228-03-2022
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor/Analyst's visit to Company's Plant on 23rd March, 2022.22-03-2022
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper publication: - Notice to Shareholders for Transfer of equity shares to IEPF.21-02-2022
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper publication of Unaudited Financial Results (Standalone and Consolidated) for third quarter and Nine months ended December 31, 2021- Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 201504-02-2022
Earnings Call for Q3FY22 of Meghmani Organics Ltd
Conference Call with Meghmani Organics Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.02-02-2022
Q3FY22 Quarterly Result Announced for Meghmani Organics Ltd.
Agrochemicals company Meghmani Organics declares Q3FY22 result: Despite challenging business environment, Meghmani Organics Ltd. (MOL) revenue grew by 43.7% YoY to Rs. 6,392 million in Q3 FY22 aided by higher realisation from Pigments along with improvement in volume & higher realisation from Agrochemicals business During the quarter, the Company’s Gross Profit grew by 24.8 % YoY to Rs. 2,535 million. As an industry wide phenomenon, MOL too faced the challenge in respect to hardening of raw material prices. Due to sudden and sharp rise of raw material prices, MOL faced challenge in terms of fully passing on to consumers. The Gross margin contracted by 600 bps YoY to 39.7% in Q3FY22. During Q3 FY22, PAT grew by 22.0% YoY to Rs. 679 million. The Company’s PAT margin stood at 10.6% in Q3FY22. On the Balance Sheet front, the Company’s Cash & Cash Equivalents stood at Rs. 432 million as on 31st December 2021. Debt-Equity ratio stood at 0.36 as on 31st December 2021. Meghmani Organics return ratios i.e. ROCE and ROE (annualized) stands robust at 16.3% and 21.4%, respectively as on 31th December 2021. During Q3 FY22, Meghmani Organics acquired Kilburn Chemicals Ltd. for Rs. 1,320 million, thereby fast-tracking its foray into 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 by incurring total capex of Rs. 6,000 million funded by an appropriate mix of internal accruals and debt. The aforesaid plant is expected to contribute ~Rs. 7,000-7,500 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 PDF02-02-2022