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    Process industries

  3. •

    Chemicals: specialty
Meghmani Organics Limited

Meghmani Organics Limited

53.06
INR
-0.32
(-0.60%)
2.54EPS
19.20P/E
12.39BMarket Cap
Oct 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
80.81
26.86
63.46
97.23
99.39
60.89
80.86
84.44
83.02
Basic EPS, GAAP
- -
- -
- -
- -
- -
9.89
5.89
7.34
11.97
9.35
-4.17
-0.42
1.13
2.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
-0.11
-1.93
4.88
-7.03
-10.25
-0.65
-0.89
6.95
- -
Dividend per Share
- -
- -
- -
- -
- -
1.17
1
- -
1.4
1.4
1.4
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
39.46
31.34
46.13
57.65
65.64
60.07
59.58
60.74
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
38.82
30.81
45.69
57.22
65.17
59.52
58.91
60
- -
Basic Weighted Avg Shares
254
254
255
254
254
254
254
254
254
254
254
254
254
253
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
20,522
6,822
16,116
24,728
25,276
15,485
20,564
21,474
21,032
Operating Margin (%)
- -
- -
- -
- -
- -
22.41
13.21
14.54
12.8
10.48
-7.12
1.84
2.91
4.2
Depreciation Expense
- -
- -
- -
- -
- -
973
224
507
627
771
922
1,081
1,190
1,190
Net Income, GAAP
- -
- -
- -
- -
- -
2,513
1,496
1,865
3,044
2,377
-1,060
-106
287
642
Effective Tax Rate (%)
- -
- -
- -
- -
- -
27.71
22.97
25.94
25.53
24.08
- -
211.94
53.68
38.65
Profit Margin (%)
- -
- -
- -
- -
- -
12.24
21.93
11.57
12.31
9.4
-6.85
-0.52
1.34
3.05
Working Capital
- -
- -
- -
- -
- -
3,639
3,007
3,810
4,011
4,356
1,494
1,465
887
- -
LT Debt
- -
- -
- -
- -
- -
4,506
616
1,281
2,122
4,034
3,833
2,833
1,610
- -
Total Equity
- -
- -
- -
- -
- -
11,528
9,864
11,730
14,662
16,692
15,277
15,153
15,448
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
4.01
13.04
14.02
9.59
- -
-1.64
1.15
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
7.34
14.18
18.18
11.18
- -
-2.65
2.33
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
16.61
18.93
23.07
15.16
-6.63
-0.7
1.88
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5,650
- -
LT Borrowings
- -
1,610
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
254
254
254
Market Capitalization
16,345
9,344
12,385

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
13,151
- -
Cash, Cash Equivalents & STI
- -
169
- -
Accounts Receivable, Net
- -
6,721
- -
Inventories
- -
5,285
- -
Total Current Liabilities
- -
12,265
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,650
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6.3%
1.95%
Free Cash Flow
- -
-226.69%
-878.8%
Net Income, GAAP
- -
-112.87%
-371.11%
Sales/Revenue/Turnover
- -
10.83%
4.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,139
5,439
5,685
5,535
20,564
2026
6,136
5,773
5,087
4,743
21,474
2027
5,428
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.66
-0.36
-0.17
0.78
-0.42
2026
0.5
0.45
-0.14
0.32
1.13
2027
1.9
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ankit Natwarlal Patel
Full Time Employees
3,008
Sector
Process industries
Industry
Chemicals: specialty
Address
Meghmani House Ahmedabad GJ India 380015
IPO Date
Aug 18, 2021
Website
meghmani.com
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Business
Meghmani Organics Limited manufactures pigments and agrochemicals, including green and blue phthalocyanine-based pigments for printing inks, plastics, paints, textiles, leather, and rubber; a wide range of pesticides such as insecticides, herbicides, fungicides, and formulations like cypermethrin technical, endosulphan technical, quinalphos, isoproturon, and fenthion; technicals and intermediates including cypermethrin acid chloride, meta phenoxy benzaldehyde, and meta phenoxy benzyl alcohol; and titanium dioxide with Phase I capacity of 16,500 MTPA commissioned at Dahej, Gujarat. The company operates six manufacturing facilities in Gujarat, India, primarily at Ankleshwar, Panoli, and Dahej, and generates over 80% of revenue from exports to more than 60 countries, including the US, Brazil, Latin America, Africa, and Europe, positioning it among the top three global phthalocyanine pigment producers with 20% market share and top 10 pesticide manufacturers in India. Founded in 1986 as Gujarat Industries and incorporated in 1995, Meghmani Organics is headquartered in Ahmedabad, Gujarat, and forms part of the Meghmani Group, a $550 million enterprise also involved in dyes, basic chemicals, additives, and paracetamol API. Recent developments include the acquisition of Kilburn Chemicals Limited for Rs 132 crore in December 2021 to enter titanium dioxide production, with Phase II expansion to 33,000 MTPA and a captive power plant planned at Rs 375 crore capex by Q3 FY24; commencement of new product production in 2024; a five-year agreement with a leading global agrochemical company in 2022; incorporation of a wholly-owned subsidiary in Brazil for business expansion; and strong FY25 performance with 34% revenue growth to approximately Rs 2,080 crore and 301% EBITDA growth driven by higher production, alongside Q1 FY26 revenue up 48% to Rs 614 crore and EBITDA up 11x from crop protection growth.