Document Header

Reference: Regulation 30 of SEBI (LODR) Regulations, 2015

Standalone Financial Highlights (Q1 FY27)

Revenue from Operations: ₹522.9 crore

  • Decreased 12% year-over-year (YoY) from ₹592.6 crore in Q1 FY26
  • Increased 15% quarter-over-quarter (QoQ) from ₹456.6 crore in Q4 FY26

EBITDA: ₹93.7 crore

  • Increased 16% YoY from ₹80.6 crore in Q1 FY26
  • Increased 257% QoQ from ₹26.2 crore in Q4 FY26

EBITDA Margin: 17.9%

  • Improved from 13.6% in Q1 FY26
  • Improved from 5.7% in Q4 FY26

Net Profit: ₹57.6 crore

  • Increased 42% YoY from ₹40.5 crore in Q1 FY26
  • Increased 195% QoQ from ₹19.5 crore in Q4 FY26

Net Profit Margin: 11.0%

  • Improved from 6.8% in Q1 FY26
  • Improved from 4.3% in Q4 FY26

Segment Performance

Crop Protection Segment:

  • Contributed approximately 75% of overall company revenue
  • Revenue: ₹391.6 crore
  • EBITDA: ₹77.8 crore
  • EBITDA Margin: 19.9%
  • Capacity Utilization: 63%

Pigments Segment:

  • Contributed approximately 25% of overall company revenue
  • Revenue: ₹131.3 crore
  • EBITDA: ₹15.9 crore
  • EBITDA Margin: 12.1%
  • Capacity Utilization: 39%

Management Commentary

Mr. Ankit Patel, Chairman & Managing Director, commented on the Q1 FY27 performance:

  • Challenging demand environment due to continued macroeconomic uncertainties impacting customer offtake across key export markets
  • These headwinds affected capacity utilization and revenue for the quarter
  • Despite challenges, delivered healthy improvement in profitability due to better price realization and favorable product mix
  • Crop Nutrition segment contributed positively to both topline and bottom line
  • Expect growth momentum to continue over coming quarters
  • Positive contribution expected from newly introduced nano fertiliser products (Nano DAP, Nano NPK, and Nano Zinc)
  • Titanium Dioxide (TiO2) operations remain suspended due to commercial unviability from elevated raw material costs and weaker price realizations following withdrawal of anti-dumping duty (ADD)

Company Background

Meghmani Organics Ltd. (MOL) is a fully integrated diversified chemical company with presence in Crop Protection, Crop Nutrition and Pigments. Key facts:

  • Among top three global Phthalocyanine based pigment players with 8% market share
  • Among top-10 manufacturers of pesticides in India
  • 40+ brands of various pesticides formulations in India
  • 400+ customer base across diverse industries
  • Global presence in 75+ countries
  • Distribution network of 3,500+ distributors and dealers across India
  • ~85% of topline from export markets as of FY26

Cautionary Statement

The press release contains forward-looking statements subject to known and unknown risks and uncertainties. Actual results may differ substantially from expected future results. The company has no obligation to update any such information or correct any inaccuracies.