Mangalam Organics Ltd
488.55
INR
+4.95
(+1.02%)
ISIN
INE370D01013
Return %
Stock
S&P 500
1Y
-4.58
14.20
3Y
27.73
81.12
5Y
-36.35
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Sanjay Bhardwaj
- Full Time Employees
- 347
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Tulsiani Chambers Mumbai MA India 400021
- IPO Date
- Jun 30, 1994
- Website
- mangalamorganics.com
- Similar Companies
- Business
- Mangalam Organics Limited Mangalam Organics Limited manufactures pine chemicals, specializing in terpene derivatives and synthetic resins. The company produces camphor, camphene, dipentene, isobornyl acetate, isoborneol flakes (Bhimseni camphor), sodium acetate trihydrate, terpineol, camphor oil, and pine tar in its terpene chemistry segment; terpene phenolic resin, alkyl phenolic resin, glycerol modified ester gum, and penta modified ester gum in its resin products segment. These products serve applications in religious use, healthcare and hygiene items, fragrances and flavors, paints, cleaning agents, textiles, dyes, leather tanning, adhesives, tires, rubbers, and chewing gum. Mangalam Organics Limited operates a manufacturing facility in Kumbhivali Village, Savroli-Kharpada Road, Khalapur, Khopoli, Raigad District, Maharashtra, India, with head office at 812/813 Tulsiani Chambers, 212 Nariman Point, Mumbai; it sources turpentine globally from Brazil, Argentina, Chile, USA, Russia, Indonesia, Vietnam, China, Portugal, and Spain, while selling domestically through eight offices across India and exporting to Europe, USA, Africa, Middle East, and Southeast Asia. Incorporated in 1981 as a BSE and NSE listed entity (ticker: MANORG.NS), the company achieved world's largest camphor production capacity of 10,000 MT per annum in 2022 via expansion. In recent developments, Mangalam Organics Limited transferred its retail business to 100% subsidiary Mangalam Brands Private Limited (MBPL, formerly CamPure Private Limited, incorporated 2020) in FY2022-23, enabling MBPL to drive B2C growth for brands Mangalam camphor tablets (launched 2013) and CamPure homecare products (launched 2017) like air purifiers, mosquito repellents, cones, sticks, surface cleaners, and vaporizers across general trade in 18 states, modern trade in 4,000 stores, e-commerce, CSD, and exports; MBPL targets Rs. 500 crore revenue in 3-4 years. The company enhanced terpene yields, energy efficiency, and cost measures in FY2024 amid falling camphor prices, turning a prior-year loss into Rs. 4.08 crore PAT and Rs. 36.91 crore EBITDA on Rs. 407.92 crore revenue (94% terpenes B2B, 6% resins B2B). Mangalam Organics Limited pursues terpene intermediates like camphene for paints/resins/fragrances and strategies for bespoke resins in tyres/adhesives/printing inks; it approved Rs. 175 crore related party transactions with MBPL for FY2025, borrowing up to Rs. 1,000 crore, cost auditor remuneration, independent director appointment, and managing director remuneration adjustments.