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Mangalam Organics Limited MANORG NSEINFRA

Basic Materials · Specialty Chemicals · India
https://www.mangalamorganics.com

Mangalam Organics Limited, together with its subsidiaries, manufactures and sells chemicals for the industrial and consumer markets in India and internationally. The company offers terpene products, including camphor, camphene, dipentene, isobornyl acetate, isoborneol, isoborneol flakes, sodium acetate trihydrate, terpineol, camphor oil, and pine tar; and resin products, such as terpene and alkyl phenolic resins, penta and glycerol modified ester gums, and rosin esters. It also provides camphor tablets and Bhimseni camphor under the Mangalam brand; and camphor-based home care products, such as camphor cones and sticks, camphor air purifiers and hand wash, camphor soap bars and hand sanitizers, camphor liquid vaporisers and surface cleaners, and camphor mosquito repellants and instacones under the CamPure brand. The company exports its products. It serves various applications, which include religious use, healthcare and hygiene products, fragrance and flavor, paints, cleaning and degreasing agents, textile and dyes, leather tanning, adhesives, tyres, rubbers, chewing gums, and printing ink. The company was formerly known as Dujodwala Products Limited and changed its name to Mangalam Organics Limited in October 2013. Mangalam Organics Limited was incorporated in 1981 and is headquartered in Mumbai, India.

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₹577.40
+1.88% 1Y

Market & Price

Market Cap
₹494.51 Cr
Current Price
₹577.40
High / Low (52W)
₹619.95 / ₹367.05
Beta
-

Valuation

Stock P/E
19.84
Industry PE
23.81
Forward P/E
-
PEG Ratio
-
Book Value
₹358.61
Price to Book
1.61
P/S
10.11
EV/EBITDA
65.09
Dividend Yield
-

Profitability & Returns

ROCE
11.17%
ROE
-
ROA
-
Profit Margin
16.00%
Op Margin
8.25%
EPS (Latest Qtr)
₹5.07
EPS (TTM)
₹29.10

Balance Sheet & Liquidity

Debt/Equity
1.14
Quick Ratio
-
Current Ratio
-
Debt
₹351.95 Cr
Total Assets
₹623.60 Cr
Current Assets
₹317.44 Cr
Working Capital
₹25.90 Cr

Ownership

Promoter Holding
66.08%
Chg in Prom Hold
-
FII / Inst Holding
1.42%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹843.29 Cr
Total Revenue (TTM)
₹48.90 Cr
EBITDA
₹12.96 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹85.64 L
Gross Margin
57.65%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
2.61%
Profit 5Y
-38.34%
Revenue (YoY)
32.60%
Earnings (YoY)
19.00%

PROS

No notable strengths flagged.

CONS

  • Earnings shrank at -38.3% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MANORG Mangalam Organics Limited NSEINFRA 577.40 19.84 ₹494.51 Cr - 11.17% - 2.61% -38.34%
2 ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA 11,482.00 41.32 ₹3.38 L Cr 0.67% 11.90% 10.59% 12.40% 17.26%
3 JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA 1,278.00 14.01 ₹3.12 L Cr 0.56% 19.15% 27.26% 3.61% 75.28%
4 HINDZINC Hindustan Zinc Limited NSEINFRA 632.95 19.34 ₹2.67 L Cr 3.32% 62.35% 76.94% 5.61% 9.58%
5 TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA 208.02 28.34 ₹2.59 L Cr 1.92% 11.32% 11.16% -1.59% 7.21%
6 HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA 1,126.70 18.73 ₹2.52 L Cr 0.44% 9.50% 10.29% 7.40% 9.87%
7 GRASIM Grasim Industries Limited NIFTY50NSEINFRA 3,122.40 42.74 ₹2.12 L Cr 0.32% 4.00% 6.29% 14.63% -10.06%
8 SOLARINDS Solar Industries India Limited NSEINFRA 18,247.00 98.04 ₹1.65 L Cr 0.06% 29.51% 31.33% 13.27% 30.36%
9 PIDILITIND Pidilite Industries Limited NSEINFRA 1,482.80 61.73 ₹1.51 L Cr 0.67% 28.48% 23.52% 7.50% 24.36%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -123.92 Cr149.79 Cr146.55 Cr158.10 Cr164.30 Cr
Cost of Revenue -49.26 Cr169.39 Cr79.01 Cr102.59 Cr93.95 Cr
Gross Profit -74.66 Cr-19.60 Cr67.54 Cr55.51 Cr70.35 Cr
Operating Expenses -64.01 Cr-33.75 Cr51.15 Cr61.38 Cr56.80 Cr
Operating Income -10.65 Cr14.15 Cr16.39 Cr-5.86 Cr13.55 Cr
EBITDA -15.71 Cr18.68 Cr25.65 Cr17.31 Cr19.30 Cr
Interest Expense -5.83 Cr6.56 Cr5.74 Cr7.00 Cr8.07 Cr
Pretax Income -4.83 Cr6.59 Cr14.69 Cr4.18 Cr5.48 Cr
Tax Provision -1.20 Cr1.46 Cr2.46 Cr96.77 L1.15 Cr
Net Income -3.64 Cr5.14 Cr12.23 Cr3.21 Cr4.33 Cr
Diluted EPS 2.514.25-14.283.755.07

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 490.65 Cr492.53 Cr493.52 Cr530.01 Cr
Cost of Revenue 343.66 Cr422.41 Cr380.58 Cr372.56 Cr
Gross Profit 146.99 Cr70.12 Cr112.94 Cr157.45 Cr
Operating Expenses 70.89 Cr89.59 Cr94.10 Cr119.68 Cr
Operating Income 76.10 Cr-19.47 Cr18.84 Cr37.77 Cr
EBITDA 91.39 Cr-3.25 Cr39.04 Cr58.91 Cr
Interest Expense 3.17 Cr12.97 Cr15.22 Cr20.48 Cr
Pretax Income 73.21 Cr-33.76 Cr3.99 Cr16.62 Cr
Tax Provision 19.47 Cr-6.53 Cr-30.01 L4.02 Cr
Net Income 53.74 Cr-27.22 Cr4.41 Cr12.60 Cr
Diluted EPS 62.75-31.795.1414.71

Compounded Sales Growth

5 Years:2.61%
1 Year:32.60%

Compounded Profit Growth

5 Years:-38.34%
1 Year:19.00%

Stock Price Performance

1 Year:+1.88%
6 Months:+26.71%
3 Months:+37.57%
1 Month:+25.80%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 560.00 Cr506.00 Cr485.42 Cr623.60 Cr
Current Assets 381.47 Cr263.63 Cr225.10 Cr317.44 Cr
Cash & Equivalents 51.35 L1.08 Cr1.74 Cr47.50 L
Inventory 243.84 Cr189.46 Cr135.66 Cr213.21 Cr
Receivables 44.08 Cr47.49 Cr56.02 Cr69.38 Cr
Total Liabilities 255.93 Cr230.24 Cr204.83 Cr330.39 Cr
Current Liabilities 195.92 Cr186.23 Cr180.88 Cr291.55 Cr
Long Term Debt 52.10 Cr41.47 Cr20.80 Cr34.51 Cr
Total Debt 211.86 Cr190.47 Cr173.49 Cr272.23 Cr
Total Equity 304.07 Cr275.75 Cr280.71 Cr293.21 Cr
Shares Outstanding 85.64 L85.64 L85.64 L85.64 L

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow -84.10 Cr76.92 Cr73.18 Cr-7.84 Cr
Investing Cash Flow -99.53 Cr-40.78 Cr-39.51 Cr-67.05 Cr
Financing Cash Flow 183.10 Cr-35.58 Cr-33.01 Cr73.63 Cr
Capital Expenditure -99.96 Cr-40.77 Cr-39.97 Cr-67.27 Cr
Free Cash Flow -184.06 Cr36.16 Cr33.20 Cr-75.12 Cr
Net Change in Cash -53.14 L56.58 L66.19 L-1.27 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 30.0%14.2%22.9%29.7%
Operating Margin % 15.5%-4.0%3.8%7.1%
Net Margin % 11.0%-5.5%0.9%2.4%
ROE % 17.7%-9.9%1.6%4.3%
ROCE % 20.9%-6.1%6.2%11.4%

Shareholding Pattern

Insiders
66.08%
Institutions
1.42%
Public Float
4.18%

Analyst View

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