Mangalam Organics Ltd

Mangalam Organics Ltd

₹ 518 -0.73%
28 Aug - close price
About

Incorporated in 1981, Mangalam Organics
Ltd is a manufacturer of Camphor, Resin
and Sodium Acetate[1]

Key Points

Business Overview:[1][2]
MOL is the world's largest manufacturer
of Camphor. It is an ISO 9001 /14001
/OHSAS 18001 Certified manufacturer
of Pine Chemicals such as Terpene, Synthetic Resins, etc. Company also has retail operations which include homecare and personal care products under the brand names CamPure and Mangalam

  • Market Cap 444 Cr.
  • Current Price 518
  • High / Low 540 / 269
  • Stock P/E 85.5
  • Book Value 330
  • Dividend Yield 0.00 %
  • ROCE 4.02 %
  • ROE 1.48 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.92% over past five years.
  • Company has a low return on equity of 3.89% over last 3 years.
  • Dividend payout has been low at 0.79% of profits over last 3 years
  • Debtor days have increased from 48.2 to 66.8 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
105.72 143.01 117.52 124.67 107.49 143.10 121.98 94.40 98.30 136.86 87.02 83.26 95.58
82.30 108.58 92.88 115.95 106.64 169.07 112.03 82.62 90.52 128.39 78.18 73.93 85.83
Operating Profit 23.42 34.43 24.64 8.72 0.85 -25.97 9.95 11.78 7.78 8.47 8.84 9.33 9.75
OPM % 22.15% 24.08% 20.97% 6.99% 0.79% -18.15% 8.16% 12.48% 7.91% 6.19% 10.16% 11.21% 10.20%
0.24 0.80 0.08 0.32 0.28 0.31 0.36 0.43 0.85 0.49 0.47 0.68 0.53
Interest 0.16 0.31 0.73 2.69 3.45 3.40 2.89 2.95 4.02 3.55 3.59 3.46 3.66
Depreciation 3.39 4.38 3.88 3.27 3.73 4.41 4.08 4.43 4.16 4.82 4.88 4.95 4.78
Profit before tax 20.11 30.54 20.11 3.08 -6.05 -33.47 3.34 4.83 0.45 0.59 0.84 1.60 1.84
Tax % 25.51% 26.33% 24.47% 47.73% 0.00% -26.65% 11.98% 53.42% 24.44% 45.76% 20.24% -76.88% 25.00%
14.99 22.49 15.19 1.62 -6.05 -24.54 2.94 2.25 0.33 0.32 0.67 2.83 1.37
EPS in Rs 17.50 26.26 17.74 1.89 -7.06 -28.65 3.43 2.63 0.39 0.37 0.78 3.30 1.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
210 231 239 169 176 241 425 375 338 491 467 405 403
196 213 223 196 164 216 316 288 210 400 470 371 366
Operating Profit 14 19 15 -27 12 25 109 86 128 91 -3 34 36
OPM % 6% 8% 6% -16% 7% 10% 26% 23% 38% 19% -1% 8% 9%
2 1 4 31 1 1 3 -9 1 1 1 2 2
Interest 6 8 6 6 4 3 4 5 1 4 13 15 14
Depreciation 4 5 6 5 5 6 6 9 14 15 17 19 19
Profit before tax 5 7 7 -7 3 18 102 63 114 74 -31 3 5
Tax % 29% 33% 39% 41% -63% 21% 28% 24% 26% 26% -19% -20%
3 5 4 -10 5 14 73 48 85 54 -25 4 5
EPS in Rs 3.84 5.28 4.64 -11.42 5.34 15.97 84.84 55.98 99.10 63.39 -29.66 4.85 6.05
Dividend Payout % 0% 0% 0% 0% 0% 6% 1% 2% 2% 2% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: -1%
3 Years: 6%
TTM: -12%
Compounded Profit Growth
10 Years: -2%
5 Years: -43%
3 Years: -63%
TTM: 127%
Stock Price CAGR
10 Years: 37%
5 Years: 14%
3 Years: -9%
1 Year: 32%
Return on Equity
10 Years: 17%
5 Years: 14%
3 Years: 4%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 37 42 43 33 38 52 113 159 243 296 270 274
39 55 70 64 50 40 50 20 24 196 176 163
55 52 43 37 28 28 22 27 35 43 34 24
Total Liabilities 141 158 166 143 125 129 193 215 311 543 489 470
50 50 48 35 32 33 51 102 121 181 205 214
CWIP 1 0 0 0 0 1 4 3 0 8 0 0
Investments 0 0 0 0 0 1 0 0 0 0 1 1
89 108 118 108 93 95 138 110 191 354 284 255
Total Assets 141 158 166 143 125 129 193 215 311 543 489 470

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
27 -5 -0 12 21 25 29 93 26 -85 66 55
-9 -3 -8 -2 -2 -7 -27 -59 -28 -83 -32 -27
-18 8 9 -12 -18 -13 -6 -36 2 166 -33 -28
Net Cash Flow 0 0 1 -2 1 5 -4 -2 0 -1 1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 48 54 33 26 36 36 32 31 37 33 45 67
Inventory Days 97 110 128 105 111 72 99 113 314 319 174 152
Days Payable 72 65 47 44 46 39 20 20 71 41 29 22
Cash Conversion Cycle 72 98 114 87 100 69 111 124 280 311 190 197
Working Capital Days 52 88 112 162 125 81 100 80 137 225 172 181
ROCE % 12% 16% 11% -1% 7% 21% 77% 44% 50% 20% -4% 4%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91%
0.00% 0.00% 0.01% 0.02% 0.08% 0.08% 0.02% 0.00% 0.00% 0.02% 0.02% 0.00%
45.09% 45.09% 45.08% 45.07% 45.01% 45.01% 45.07% 45.08% 45.10% 45.08% 45.07% 45.09%
No. of Shareholders 19,31021,54022,11122,77822,97022,31321,76321,01320,52320,01619,52719,010

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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