Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Meghmani submits Press release as to forays into new variant of White Pigment Titanium Dioxide (TiO2)16-11-2021
16-11-2021
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Submission of Newspaper ;publication of Unaudited Financial Results (Standalone and Consolidated) for quarter and half year ended September 30, 202128-10-2021
Q2FY22 Quarterly Result Announced for Meghmani Organics Ltd.
Highlights Despite challenging business environment, Meghmani Organics Ltd. revenue grew by 28.4% YoY to Rs. 5,457 million in Q2 FY22 aided by strong growth from both the Pigments and Agrochemicals business. During the quarter, the Company’s Gross Profit grew by 11.1% YoY to Rs. 2,345 million. The Gross margin contracted by 667 bps YoY to 43.0% in Q2FY22 due to higher raw materials cost and logistics cost. Meghmani Organics EBITDA declined by 23.1% YoY to Rs. 777 million. The EBITDA margin contracted by 952 bps YoY owing to an increase in other expenses (392 bps YoY) impacted by higher logistics cost and rise in the cost of raw materials (667 bps YoY). However, a decline in employee expenses (107 bps YoY) arrested further contraction in EBITDA margin during the quarter. During Q2 FY22, PAT stood flat at Rs. 649 million. The Company’s other income grew (11.6x YoY to Rs. 150 million) due to Forex MTM gain, Dividend income on RPS and exceptional gains of Rs. 61 million during the quarter. The Company’s PAT margin stood at 11.9% in Q2FY22. On the Balance Sheet front, the Company’s Cash & liquid investments stood at Rs. 2,128 million as on 30th September 2021. Debt-Equity ratio stood at 0.33 as on 30th September 2021. Meghmani Organics return ratios i.e. ROCE and ROE (annualized) stands robust at 17.4% and 21.9%, respectively as on 30th September 2021. 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 PDF28-10-2021
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
updates on Schedule of Q2 & H1 FY2022 Earnings Conference Call.27-10-2021
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Financial Results for Q2- FY-2022.27-10-2021
Meghmani Organics Ltd - 543331 - Outcome Of The Board Meeting Held On October 26, 2021
Outcome of the Board Meeting held on October 26, 2021 and submission of un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended on September 30, 2021 pursuant to regulation 33 of SEBl (Listing Obligations and Disclosure Requirements), Regulations, 201526-10-2021
Meghmani Organics Ltd - 543331 - Board Meeting Outcome for Outcome Of The Board Meeting Held On October 26, 2021
Outcome of the Board Meeting held on October 26, 2021 and submission of Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended on September 30, 2021 pursuant to regulation 33 of SEBl (Listing Obligations and Disclosure Requirements), Regulations, 201526-10-2021
Meghmani Organics Ltd - 543331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Meghmani informs that Earnings Conference call is scheduled on Wednesday, October 27, 2021 at 4:00 PM (IST) to discuss unaudited Financial Results for Q2 & H1FY22 ended September 30, 2021 as per e-invite attached herewith.23-10-2021
Meghmani Organics Ltd - 543331 - Change Of Corporate Ldentification Number [CIN] Of The Company By Ministry Of Corporate Affairs.
Meghmani informs that the Registrar of Companies, Gujarat, has approved the change in Company ldentification Number [CIN] from U24299GJ2019PLC110321 to L24299GJ2019PLC11032114-10-2021
Meghmani Organics Ltd - 543331 - Certificate Under Regulation 40(9) Of SEBI (LODR) 2015 For The Half Year Ended September 30, 2021.
Certificate under Regulation 40(9) of SEBI (LODR) 2015 for the half year ended September 30, 2021.14-10-2021