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Meghmani Organics’ arm commences commercial production at Dahej

21 Jan 2014 Evaluate

Meghmani Finechem (MFL) a subsidiary of Meghmani Organics (MOL) has commenced commercial production of expanded Capacity of Caustic Chlorine to 476 TPD and Captive Power plant at GIDC Dahej to 60 MW capacities on January 20, 2014. As a result in full year of operation of FY 2014-15 MFL will earn estimated revenue of Rs 475 crore and Profit before Tax (PBT) of Rs 75 crore.

Meghmani Organics (MOL) holds 57% of Equity Shares of MFL. MFL on January 6, 2014 had completed expansion of manufacturing capacity of Caustic Chlorine from 340 TPD to 476 TPD and Captive power plant capacity from 40 MW to 60 MW.

Meghmani Organics is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.

Peers
Company Name CMP
UPL 522.00
PI Industries 2245.00
Bayer CropScience 3555.45
Sharda Cropchem 710.30
Sumitomo Chem. India 417.30
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