MOLCommodities

Meghmani Organics Limited

Pesticides & Agrochemicals · ISIN INE0CT101020 · BSE 543331 · NSE EQ · FV ₹1
Last price
₹60
+2.44%today
What this company does

Meghmani Organics Limited operates in Pesticides & Agrochemicals, part of the Commodities sector. It booked ₹543 cr of revenue in its latest quarter (Q1 FY27) and kept 8.9% of sales as profit.

In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns61

How much profit it earns on the money it employs

Balance sheet34

How much it owes, and whether earnings cover the interest

Cash quality60

Whether reported profit actually arrives as cash

Growth & consistency27

Whether sales and profit have grown, and how steadily

Valuation72

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Profit up 280% vs last year
Promoters hold 49%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Sales down 12% vs last year

What if I invest in MOL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹60 +2.44%
latest close · 2026-09-17
1-year return
-43.6%
52-wk low ₹5152-wk high ₹153
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.9Low
LowAverageHigh
P/B ratio0.99Below book
Below bookModerateHigh
EV / EBITDA5.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.5%Fair
WeakFairStrong ▸15%
Return on capital17.8%Strong
WeakFairStrong
Net margin8.9%Decent
ThinDecentStrong
EBITDA margin20.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.47Comfortable
LowModerateHigh ▸1
Interest cover6.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.07Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,524 cr
Book value
₹61
EPS
₹1.90
latest quarter
Net debt
₹710 cr
owes more than its cash
Enterprise value
₹2,234 cr
EBITDA
₹439 cr
annualised
EBIT
₹320 cr
annualised
Operating margin
14.7%
Return on assets
6.4%
Earnings yield
12.68%
P/S
0.70
Sales / share
₹85.4
Tax rate
28.1%
Face value
₹1
Shares
25.4 cr
Working capital
₹89 cr
Current assets
₹1,315 cr
Current liabilities
₹1,226 cr
Delivery %
40.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹23₹39, midpoint ₹31

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹543 cr
Other Income₹12 cr
Total Income₹555 cr
Cost of Materials₹301 cr
Purchases of Stock-in-Trade₹17 cr
Inventory Change (±)₹-28 cr
Employee Benefit Expense₹34 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹30 cr
Other Expenses₹121 cr
Total Expenses₹488 cr
Profit before Tax₹67 cr
Tax Expense₹19 cr
Share of JV / Associates₹-0.09 L
Net Profit₹48 cr
Net margin on total income8.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹290 cr52.3%
Employee benefit expense₹34 cr6.1%
Finance costs₹13 cr2.4%
Depreciation & amortisation₹30 cr5.4%
Other expenses₹121 cr21.8%
Tax expense₹19 cr3.4%
Profit for the period₹48 cr8.7%
Total income ₹555 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue509 cr474 cr543 cr
Total income524 cr512 cr555 cr
Expenses519 cr504 cr488 cr
Profit before tax5 cr7 cr67 cr
Tax8 cr-88.5 L19 cr
Net profit (owners' share)-4 cr8 cr48 cr
Net margin (owners' share, on revenue)-0.7%1.7%8.9%
EPS (₹)-0.140.321.90
YoY (latest quarter): total income -12.0% · net profit +280.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹3,021 cr
Shareholder equity
₹1,545 cr
parent shareholders
Total debt
₹726 cr
Cash
₹16 cr
Cash flow · H1 FY26
Operating
₹67 cr
Investing
₹-21 cr
Financing
₹-37 cr
Peer comparison
Pesticides & Agrochemicals · by market value
CompanyPriceMarket capP/E
UPL Limited₹555₹3.37 L cr1,155.7
PI Industries Limited₹2,307₹35,066 cr35.8
Sumitomo Chemical India Limited₹455₹22,734 cr26.5
Sharda Cropchem Limited₹742₹6,692 cr19.0
Dhanuka Agritech Limited₹982₹4,428 cr14.7
Rallis India Limited₹204₹3,971 cr
NACL Industries Limited₹149₹3,488 cr41.8
Bhagiradha Chemicals & Industries Limited₹248₹3,215 cr60.2
GSP Crop Science Limited₹484₹2,252 cr21.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1.4
ex 20 Jun 2023
ActionDetailEx-date
Dividend₹1.4 / share20 Jun 2023
Dividend₹1.4 / share17 Jun 2022
Dividend₹1.4 / share15 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
49.0%
FII / Foreign
0.9%
DII / Domestic
0.0%
Retail / others
50.1%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRAMESHBHAI MEGHJIBHAI PATEL · Promoters50,000 · ₹41.0 L30 May 23
BoughtKALPANABEN RAMESHBHAI PATEL · Promoter Group40,000 · ₹39.6 L13 Feb 23
BoughtRAMESHBHAI MEGHJIBHAI PATEL · Promoters38,000 · ₹37.4 L13 Feb 23
Bulk / block deals
BoughtQE SECURITIES LLP · NSE13.78 L @ ₹57.815 May 26
SoldQE SECURITIES LLP · NSE13.76 L @ ₹57.825 May 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE16.90 L @ ₹57.75 May 26
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 8 Sep 2026
See the official result
1
To receive, consider, approve and adopt the Audited Standalone Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
19.40 L votes for, 4,039 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr. Ankit Patel (DIN:02180007), who retires by rotation and being eligible offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
20.90 L votes for, 7,552 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Kaushal Soparkar (DIN:01998162), who retires by rotation and being eligible offers himself for re-appointment
⚑ Passed only because promoters voted yes
Backed by 24% of shareholders other than promotersneeded 50%
4.97 L votes for, 16.00 L against · 97% of mutual funds and other big investors said no
4
Ratification of remuneration payable to M/s. Kiran J. Mehta & Co., Cost Auditors of the Company (Firm Reg. No. 000025), for the Financial Year 2026-27
Backed by 100% of shareholders other than promotersneeded 50%
20.92 L votes for, 4,789 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 33 named members
owning 42.6% between them · as of 2026-06-30
Ashishbhai Natawarlal Soparkar10.59%
Patel Natwarlal Meghjibhai8.32%
Jayantibhai Meghjibhai Patel7.09%
Anandbhai Ishwarbhai Patel3.10%
Taraben Jayantilal Patel2.89%
Patel Natubhai Meghjibhai2.03%
Patel Ankit Natwarlal1.33%
Bhartiben Natubhai Patel0.79%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.