Mangalam Organics Ltd

Mangalam Organics Ltd

₹ 493 -2.00%
19 Nov - 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 426 Cr.
  • Current Price 493
  • High / Low 720 / 269
  • Stock P/E 59.4
  • Book Value 332
  • Dividend Yield 0.00 %
  • ROCE 4.26 %
  • ROE 1.55 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 3.74% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 3.65% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 0.80% of profits over last 3 years

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
143.05 117.57 124.32 104.38 154.28 129.70 104.17 108.91 168.90 110.61 105.10 117.99 138.32
108.72 93.00 115.66 104.02 176.19 121.24 93.83 100.06 159.29 100.62 94.89 107.12 125.98
Operating Profit 34.33 24.57 8.66 0.36 -21.91 8.46 10.34 8.85 9.61 9.99 10.21 10.87 12.34
OPM % 24.00% 20.90% 6.97% 0.34% -14.20% 6.52% 9.93% 8.13% 5.69% 9.03% 9.71% 9.21% 8.92%
0.80 0.08 0.32 0.28 0.03 0.64 0.02 0.42 0.07 0.04 0.25 0.21 0.11
Interest 0.40 0.73 2.91 3.68 3.68 3.83 3.24 4.30 3.81 3.82 3.69 3.94 4.16
Depreciation 4.38 3.88 3.37 3.85 4.67 4.30 4.72 4.44 5.13 5.18 5.09 5.05 5.19
Profit before tax 30.35 20.04 2.70 -6.89 -30.23 0.97 2.40 0.53 0.74 1.03 1.68 2.09 3.10
Tax % 26.49% 24.55% 51.11% -0.00% -29.21% 49.48% 75.83% 43.40% 14.86% 12.62% -45.24% 20.10% 30.65%
22.31 15.12 1.32 -6.89 -21.40 0.49 0.57 0.31 0.63 0.90 2.45 1.67 2.15
EPS in Rs 26.05 17.65 1.54 -8.04 -24.99 0.57 0.67 0.36 0.74 1.05 2.86 1.95 2.51
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
375 338 491 493 494 472
288 210 400 495 455 429
Operating Profit 86 128 91 -3 39 43
OPM % 23% 38% 19% -1% 8% 9%
-9 1 1 0 1 1
Interest 5 1 4 14 16 16
Depreciation 9 14 15 18 20 21
Profit before tax 63 114 73 -34 4 8
Tax % 24% 26% 27% -19% -8%
48 85 54 -27 4 7
EPS in Rs 55.98 98.99 62.75 -31.78 5.15 8.37
Dividend Payout % 2% 2% 2% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: -8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -63%
TTM: 259%
Stock Price CAGR
10 Years: 33%
5 Years: 11%
3 Years: -21%
1 Year: 33%
Return on Equity
10 Years: %
5 Years: %
3 Years: 4%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9
Reserves 159 243 296 267 272 276
20 24 212 190 173 267
27 35 44 40 31 52
Total Liabilities 215 311 560 506 485 604
102 121 198 227 244 237
CWIP 3 -0 8 1 5 16
Investments -0 -0 -0 0 0 0
110 191 354 277 236 351
Total Assets 215 311 560 506 485 604

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
93 26 -84 77 73
-59 -28 -100 -41 -40
-36 2 183 -36 -33
Net Cash Flow -2 0 -1 1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 31 37 33 35 41
Inventory Days 113 314 321 201 164
Days Payable 20 71 43 35 28
Cash Conversion Cycle 124 280 311 202 177
Working Capital Days 80 137 228 167 144
ROCE % 50% 20% -4% 4%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 54.91% 58.64%
0.00% 0.01% 0.02% 0.08% 0.08% 0.02% 0.00% 0.00% 0.02% 0.02% 0.00% 0.13%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.42%
45.09% 45.08% 45.07% 45.01% 45.01% 45.07% 45.08% 45.10% 45.08% 45.07% 45.09% 39.79%
No. of Shareholders 21,54022,11122,77822,97022,31321,76321,01320,52320,01619,52719,01018,117

* 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.

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