Mangalam Organics
Mangalam Organics
ChemicalsKey Fundamentals
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Key Insights
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.92% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109 | 169 | 111 | 105 | 118 | 138 | 124 | 150 | 147 | 158 | 164 | 154 | 179 |
| Expenses | 100 | 159 | 101 | 94.89 | 107 | 126 | 108 | 130 | 125 | 158 | 145 | 107 | 157 |
| Operating Profit | 8.85 | 9.61 | 9.99 | 10.21 | 10.87 | 12.34 | 15.71 | 19.66 | 21.61 | 0.28 | 19.3 | 46.65 | 22.2 |
| OPM % | 8.13% | 5.69% | 9.03% | 9.71% | 9.21% | 8.92% | 12.68% | 13.13% | 14.75% | 0.18% | 11.75% | 30.37% | 12.4% |
| Other Income | 0.42 | 0.07 | 0.04 | 0.25 | 0.21 | 0.11 | 0.01 | 0.01 | 4.04 | 17.03 | 0 | -19.83 | 0.08 |
| Interest | 4.3 | 3.81 | 3.82 | 3.69 | 3.94 | 4.16 | 5.83 | 7.55 | 5.74 | 7 | 8.07 | 7.39 | 7.42 |
| Depreciation | 4.44 | 5.13 | 5.18 | 5.09 | 5.05 | 5.19 | 5.05 | 5.53 | 5.22 | 6.13 | 5.75 | 10.47 | 6.16 |
| PBT | 0.53 | 0.74 | 1.03 | 1.68 | 2.09 | 3.1 | 4.84 | 6.59 | 14.69 | 4.18 | 5.48 | 8.96 | 8.7 |
| Tax % | 43.4% | 14.86% | 12.62% | -45.24% | 20.1% | 30.65% | 24.79% | 22.15% | 16.68% | 23.21% | 20.99% | 33.15% | 16.44% |
| Net Profit | 0.31 | 0.63 | 0.9 | 2.45 | 1.67 | 2.15 | 3.64 | 5.14 | 12.23 | 3.21 | 4.33 | 5.98 | 7.27 |
| EPS in Rs | 0.36 | 0.74 | 1.05 | 2.86 | 1.95 | 2.51 | 4.25 | 6 | 14.28 | 3.75 | 5.06 | 6.98 | 8.49 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 375 | 338 | 491 | 493 | 494 | 514 | 608 | 655 |
| Expenses | 288 | 210 | 400 | 495 | 455 | 455 | 520 | 567 |
| Operating Profit | 86 | 128 | 91 | -3 | 39 | 59 | 88 | 88 |
| OPM % | 23% | 38% | 19% | -0.6% | 8% | 11% | 14% | 14% |
| Other Income | -9 | 1 | 1 | 0 | 1 | 0 | 1 | -3 |
| Interest | 5 | 1 | 4 | 14 | 16 | 21 | 28 | 30 |
| Depreciation | 9 | 14 | 15 | 18 | 20 | 21 | 28 | 29 |
| PBT | 63 | 114 | 73 | -34 | 4 | 17 | 33 | 27 |
| Tax % | 24% | 26% | 27% | -19% | -8% | 24% | 23% | — |
| Net Profit | 48 | 85 | 54 | -27 | 4 | 13 | 26 | 21 |
| EPS in Rs | 55.98 | 99.11 | 62.75 | -31.78 | 5.15 | 14.71 | 30.08 | 24.28 |
| Div. Payout % | 2% | 2% | 2% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 159 | 243 | 296 | 267 | 272 | 285 | 310 |
| Borrowings | 20 | 24 | 212 | 190 | 173 | 272 | 359 |
| Other Liabilities | 27 | 35 | 44 | 40 | 31 | 58 | 62 |
| Total Liabilities | 215 | 311 | 560 | 506 | 485 | 624 | 740 |
| Fixed Assets | 102 | 121 | 198 | 227 | 244 | 269 | 328 |
| CWIP | 3 | 0 | 8 | 1 | 5 | 26 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 110 | 191 | 354 | 277 | 236 | 328 | 411 |
| Total Assets | 215 | 311 | 560 | 506 | 485 | 624 | 740 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | 93 | 26 | -84 | 77 | 73 | -8 | 1 |
| Investing | -59 | -28 | -100 | -41 | -40 | -67 | -60 |
| Financing | -36 | 2 | 183 | -36 | -33 | 74 | 60 |
| Net Cash Flow | -2 | 0 | -1 | 1 | 1 | -1 | 1 |
| Free Cash Flow | 34 | -3 | -184 | 36 | 33 | -75 | -59 |
| CFO/OP | 128 | 44 | -68 | -2,786 | 178 | -13 | 4 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 37 | 33 | 35 | 41 | 49 | 35 |
| Inventory Days | 113 | 314 | 321 | 201 | 164 | 285 | 334 |
| Days Payable | 20 | 71 | 43 | 35 | 28 | 63 | 51 |
| Cash Conversion Cycle | 124 | 280 | 311 | 202 | 177 | 271 | 318 |
| Working Capital Days | 72 | 110 | 109 | 56 | 31 | 18 | 27 |
| ROCE % | — | 50% | 20% | -4% | 4% | 7% | 10% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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63 extracted metrics + investor summaries across FY10–FY27.
Documents
Frequently Asked Questions about Mangalam Organics
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Company Information
Incorporated in 1981, Mangalam Organics Ltd is a manufacturer of Camphor, Resin and Sodium Acetate[1]
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