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Earnings Call Transcript

Meghmani Organics Earnings Call Transcript: Key Takeaways

Meghmani Organics Q1 FY27 revenue fell 12% YoY to INR542cr, but consolidated PAT jumped 280% to INR48.2cr on improved margins and operational efficiencies.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth12% YoY decline in Q1 FY27 consolidated revenue.
MarginsConsolidated EBITDA margin improved to 18% from 10.9% YoY.
Order bookStarting to receive trial orders for new Nano fertilizer products.
Demand visibilitySoft demand currently; buyers cautious due to macroeconomic uncertainties.
Management confidenceVery optimistic on long-term growth in Crop Protection and Nutrition.

Growth

Revenue down 12% YoY; EBITDA grew 46% to INR97.9cr; PAT surged 280%. Standalone revenue was INR523cr.

Outlook

Targeting double-digit growth in Crop Protection; INR2,500-3,000cr peak revenue potential at optimum utilization; debt reduction continues.

Risks

Subdued demand in Latin America; Titanium Dioxide plant suspended due to high raw material (sulfur) costs.

Last quarter's promises, checked

Delivered

  • Guided 15-17% Crop Protection EBITDA margin → delivered 18% (= BEAT)
  • Guided routine capex INR35-40cr → delivered debt reduction focus (= BEAT)
  • Guided better Pigment profitability vs FY26 (3.3%) → delivered 25% revenue share with margin focus (= BEAT)

Partly delivered

  • Guided Nano fertilizer commercialization in Kharif season → delivered trial orders received (= PARTIAL)

Missed

  • Guided double-digit Crop Protection topline growth → delivered 12% consolidated revenue decline (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: MOL. Summary written with AI assistance from the document.

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Meghmani Organics Ltd: key numbers

Share price
₹58.52
Market cap
₹1,488 Cr
Revenue (annual)
₹2,174 Cr
Net profit (annual)
₹28.74 Cr
P/E (TTM)
23.2×Sector 37.5×
Promoter holding
48.95%+0.00% QoQ
FII holding
0.91%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Meghmani Organics Annual General Meeting

Meghmani Organics Limited held its 7th Annual General Meeting on September 8, 2026. The meeting concluded successfully with all items of business transacted as proposed.