Mangalam Organics Ltd Stock Analysis

BSE: 514418 | NSE: MANORG | Chemicals | Small Cap

BSE Share Price 23-Sep-2022 18:01
589.50 3.20 (0.55%)

DeciZen - Make an Informed Decision on Mangalam Organics

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Mangalam Organics Price Chart

P/E Ratio (SA) :
15.18
Market Cap :
504.9 Cr.
52-wk low :
528.1
52-wk high :
1,300
Bole Toh?

1. Is Mangalam Organics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mangalam Organics Ltd is a average quality company.

2. Is Mangalam Organics Ltd undervalued or overvalued?

The key valuation ratios of Mangalam Organics Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Mangalam Organics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mangalam Organics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mangalam Organics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mangalam Organics Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 9.8%8.6%10.9%7.4%-1.2%7.8%16.3%55.1%32.8%37%-
Value Creation Index -0.3-0.4-0.2-0.5-1.1-0.40.22.91.31.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 220210232239170177241425375338493
YoY Gr. Rt. %--4.9%10.6%3.2%-29.1%4.1%36.4%76.3%-11.8%-9.7%-
Adj EPS 3.73.95.44.8-6.55.315.884.764.599.538.8
YoY Gr. Rt. %-5.7%36.5%-9.7%-234.2%NA196.8%435.4%-23.9%54.3%-
BVPS (₹) 47.651.156.45846.551.867.6141.7196294348.7
Adj Net Profit 3.43.64.94.4-5.94.814.372.555.285.233
Cash Flow from Ops. -3.927.4-4.9-0.111.721.124.729.293.326.4-
Debt/CF from Ops. -12.91.4-11.1-1357.85.42.41.61.70.20.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.9%14.8%12%-9.7%
Adj EPS 44.1%NA84.6%54.3%
BVPS 22.444.663.250
Share Price 41% 50.2% 16.6% -9.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 87.9108.5-12.410.926.579.538.240.612.1
Op. Profit Mgn % 6.26.58.26.5-11.96.810.425.823.137.913.9
Net Profit Mgn % 1.51.72.11.8-3.52.7617.114.725.26.8
Debt to Equity 1.20.91.11.31.51.10.70.40.10.1-
Working Cap Days 141142136152214183131941191430
Cash Conv. Cycle 4761607898595651811010

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.99%

Net Profit is growing at healthy rate in last 3 years 84.58%

Sales growth is good in last 4 quarters at 26.78%

Return on Equity has declined versus last 3 years average to 12.10%

Latest Financials - Mangalam Organics Ltd.

Standalone Consolidated
TTM EPS (₹) 38.8 37.2
TTM Sales (₹ Cr.) 493 489
BVPS (₹.) 348.7 347
Reserves (₹ Cr.) 290 289
P/BV 1.69 1.70
PE 15.18 15.84
From the Market
52 Week Low / High (₹) 528.05 / 1300.00
All Time Low / High (₹) 1.10 / 1300.00
Market Cap (₹ Cr.) 505
Equity (₹ Cr.) 8.6
Face Value (₹) 10
Industry PE 37.3

Management X-Ray of Mangalam Organics :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Mangalam Organics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Mangalam Organics Ltd

The House of Dujodwalas owes its existence and sustained growth to Ramgopal M Dujodwala, A pioneer in the field of Rosin and Terpene Chemicals. His vision and innovation backed by a missionary zeal, has led to all-round steady growth with solid foundations in production and marketing of the Groups' products.

Dujodwala Products, established in 1947, is engaged in manufacturing/supplying the products of the Pine Chemical industry which consists of Gum Rosin, Oil of Turpentine and their derivatives.

It was a crucial time when partition of the country took place. The only factory owned by Britishers remained on the other side of border and raw material remained with their country. The government was very keen for utilization of this perishable item by industrial units. Getting this opportunity they started their operations by developing one after other items, by putting various units. Keeping in view, constant development is the law of life. Learning new methods through R & D became the moto, reviving Ronald Graham - a great mathematician of his times, says 'Once you stop learning you start to decay.'

With investments of over Rs 200 million in fixed assets, mostly out of owned funds, and with an established product range and economic size of operations, the traditionally conservative House of Dujodwalas is now all set to embrace the new culture of privatization and integration with global economy, that is now sweeping India. In this context, the House of Dujodwalas, driven by an ambitious younger generation, is drawing up plans for across-the-board investments in forward integration and downstream projects.

Product range of the company includes:

  • Gum Rosin
  • Turpentine Oil
  • Pine Oil
  • Terpineol
  • Dipentine
  • Camphor
  • Camphor Oil
  • Sodium Acetate
  • Rosin modified Maleic Resin
  • Rosin modified Phenolic Resin
  • Ester Gum
  • Paper Sizing Chemical
  • Terpene Phenolic Resin
  • Pine Tar
  • Longifolene
  • Terpene Resin
  • Alkyl Phenolic Resin
  • Polyester
  • Phenolic Resin
  • Ketonic Resin
  • Polyamide Resins
  • Foundry Resin

Achievements/ recognition:

  • R. M. Dujodwala (Chairman - Dujodwala Resins & Terpenes Ltd. ) has received Rajiv Gandhi Excellence Award. 
  • R. M. Dujodwala (Chairman - Dujodwala Resins & Terpenes Ltd. ) has received Award from  Mother Teresa. 
  • Udyog Rattan Award from Institute of Economic Studies in respect of help to economic development in country.  
  • Samajshri award from Indian Council of Management executives for public services.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now