Meghmani Organics
- Market cap
- ₹ 1,321 Cr.
- P/E
- 21.5x
- P/B
- 0.87x
- 52-week range
- 36.5 – 82.5
- ROE
- 2%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 0.47
- Sector
- Fertilizers & Agrochemicals
- Industry
- Pesticides & Agrochemicals
- Listed on
- NSE, BSE
About
Meghmani Organics Ltd is an India-based fully integrated, diversified chemical company with a global presence and a comprehensive product portfolio spanning crop protection, crop nutrition and pigment. The Company manufactures three categories of agrochemicals-Insecticides, Herbicides, and Intermediates. Its segments include Agro Chemicals and Pigment Business. The Agro Chemicals segment is engaged in manufacturing and marketing of technical, intermediates and formulation of Crop Protection Chemicals. The Pigment Business segment is engaged in the manufacture and marketing of Phthalocynine Green 7, Copper Phthalocynine Blue (CPC), Alpha Blue, Beta Blue and Titanium Dioxide. The Company offers pigment products such as phthalocyanine pigments and azo pigments. It has set up a titanium dioxide (TiO2) production facility in India. TiO2 is an import substitute and finds application in mainly paints, coatings, plastic, ink, dyes, paper and cosmetics.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Pesticides & Agrochemicals: 33 companies →Meghmani Organics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.5 against a typical 23.3: cheaper than most peers (1st = cheapest).15th of 33
- Sales growth−11.6% against a typical −4.5% from a year earlier.24th of 31
- Profit growth+269.2% against a typical +15.2% from a year earlier.1st of 25
- Share price, 3 months−3.5% against a typical −15.5%.7th of 32
- Size₹ 1,321.4 Cr. market value against a typical ₹ 883.3 Cr. (1st = largest).15th of 31
Latest announcements
Exchange filings and their impact on the company.
- NCLT approved merger of two wholly-owned subsidiaries into Meghmani Organics with no new shares, a minor simplification positive.
Meghmani Organics received the certified NCLT Ahmedabad order dated 8 October 2026 sanctioning the amalgamation of its two wholly-owned subsidiaries, Kilburn Chemicals and Meghmani Crop Nutrition, with itself from appointed date 1 January 2026. Kilburn had FY25 revenue of Rs 34 cr with a pre-tax loss of Rs 89.1 cr and Meghmani Crop Nutrition had revenue of Rs 40.5 cr with pre-tax profit of Rs 5.4 cr, versus the parent standalone revenue of Rs 2003.9 cr. No shares will be issued as the subsidiaries are wholly owned and their share capital stands cancelled, with effectiveness pending filing with the Registrar of Companies; the merger simplifies the group and should yield small administrative savings with no dilution.
- NCLT approved merger of two wholly owned subsidiaries into Meghmani Organics with no new shares, simplifying structure.
On 8 October 2026, NCLT Ahmedabad sanctioned the amalgamation of wholly owned subsidiaries Kilburn Chemicals and Meghmani Crop Nutrition into Meghmani Organics with appointed date 1 January 2026. No shares will be issued as the subsidiaries are fully owned and their capital will be cancelled. The merger simplifies the group structure and aims at cost and operational synergies, with no change to consolidated scale.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety, with caution
Rated A by 2 agencies- CRISIL expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND A; IND A1 | Stable | 28 Oct 2026 |
| CRISIL | Crisil A | Negative | 27 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Oct 2026 | New rating | IND A | Low | India Ratings | ₹ 1,100 Cr. | |
| 27 Apr 2026 | Rating action | Crisil A | — | CRISIL | ₹ 1,094 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Jul 2026 | Financial Results | Board Meeting of the Company scheduled to be held on 29th July, 2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the quarter ended June 30, 2026 |
| 14 May 2026 | Financial Results | MOL : 14-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 09, 2026 has been re-scheduled and now will be held on Thursday, May 14, 2026, to consider and approve the financial results for the quarter and year ended on March 31, 2026 |
| 9 May 2026 | Financial Results | To consider and approve the audited financial results for FY 2025-26. |
| 4 Apr 2026 | Other business matters | To consider scheme of amalgamation |
| 31 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 8 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 379 | 352 | 410 | 414 | 544 | 569 | 553 | 614 | 577 | 509 | 474 | 543 |
| Expenses | 371 | 360 | 408 | 408 | 513 | 528 | 488 | 547 | 525 | 471 | 455 | 445 |
| Operating Profit | 8 | −8 | 2 | 6 | 31 | 41 | 65 | 67 | 52 | 38 | 20 | 98 |
| OPM % | 2% | −2.2% | 0.5% | 1.4% | 6% | 7% | 12% | 11% | 9% | 7% | 4.2% | 18% |
| Other Income | 12 | 10 | 9 | 9 | 12 | 9 | 14 | 17 | 28 | 15 | 37 | 12 |
| Interest | 13 | 27 | 2 | 11 | 26 | 13 | 19 | 29 | 24 | 18 | 20 | 13 |
| Depreciation | 23 | 23 | 23 | 23 | 25 | 30 | 29 | 30 | 30 | 30 | 29 | 30 |
| Profit before tax | −16 | −48 | −14 | −19 | −9 | 7 | 31 | 24 | 26 | 4 | 7 | 67 |
| Tax % | −3% | −20% | 25% | −13% | 1% | 159% | 35% | 48% | 56% | 179% | −12% | 28% |
| Net Profit | −15 | −38 | −18 | −17 | −9 | −4 | 20 | 13 | 12 | −4 | 8 | 48 |
| EPS in Rs | −0.6 | −1.5 | −0.71 | −0.66 | −0.36 | −0.17 | 0.78 | 0.5 | 0.45 | −0.14 | 0.32 | 1.89 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- −5%
- TTM
- −8%
- 10 Years
- —
- 5 Years
- −31%
- 3 Years
- −49%
- TTM
- 241%
- 10 Years
- —
- 5 Years
- −8%
- 3 Years
- −9%
- TTM
- —
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- −2%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Meghmani Organics | ₹ 54.35 | ₹ 1,321 Cr. | 21.5x | 0.9x | 2% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Prices are delayed and for information only. Nothing on this page is investment advice.