MoneyWorks4Me

Mangalam Organics Ltd (MANORG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514418 NSE: MANORG Chemicals | Small Cap | Mangalam Organics Share Price

₹462.50 0.00 (0.00%)

As on 11-Sep'26 16:59

Mangalam Organics Ltd (MANORG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514418 NSE: MANORG Chemicals | Small Cap | Mangalam Organics Share Price

₹462.50 0.00 (0.00%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹396 Cr.
Current Price
₹462.5
52-Week Low / High
₹352 / 637
TTM EPS
₹24.3
TTM Sales
₹655 Cr.
Book Value per Share
₹380.4
P/E Ratio
19.05
Lower than its 5-year historical median
Industry PE
49.5
Price to Book (P/B)
1.22
Lower than its 5-year historical median
Price to Sales (P/S)
0.60
Lower than its 5-year historical median
EV/EBITDA
8.40
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
8.42%
Underperforms industry median
Return on Capital Employed (ROCE)
9.95%
Underperforms industry median
Return on Assets (ROA)
3.78%
Operating Profit Margin
14.1%
Net Profit Margin
4.14%
Gross Profit Margin
10.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
22.2%
Operating Profit Growth (1 Year)
-
49.93%
Net Profit Growth (1 Year)
-
104.44%
Asset Quality
Promoter Holding
58.65%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹317 Cr.
Equity
₹8.6 Cr.
Face Value
₹10
All Time Low / High
₹1.10 / 1300.00

Mangalam Organics stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Weak
Q.1 Is Mangalam Organics Ltd a good quality company?
Mangalam Organics Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mangalam Organics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mangalam Organics Ltd vs industry peers?
Mangalam Organics Ltd revenue CAGR is 12.98%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Mangalam Organics Ltd?
Promoters hold 58.65% of the Mangalam Organics Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mangalam Organics Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 31.5% based on the current price.

10 Year X-Ray :

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

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 7.3%20.9%77.1%37.9%49.7%20%-3.9%4%6.2%7.6%-
Value Creation
Index
-0.50.54.51.72.60.4-1.3-0.7-0.6-0.5-

Growth Parameters

Sales 177241425375338491467405410501550
Sales YoY Gr.-36.4%76.3%-11.8%-9.7%45.1%-4.9%-13.2%1.1%22.2%-
Adj EPS 5.315.884.764.599.463.5-294.8912.514.1
YoY Gr.-196.8%435.4%-23.9%54.1%-36.1%-145.6%NA87.5%39.8%-
BVPS (₹) 51.867.6141.7196294355.8324.8329.5338.4353.9360.1
Adj Net
Profit
4.814.372.555.285.154.4-24.84.17.710.712
Cash Flow from Ops. 21.124.729.293.326.4-84.665.754.7-46.530.9-
Debt/CF from Ops. 2.41.61.70.20.9-2.32.73-5.69.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 12.3%8.2%2.4%22.2%
Adj EPS 10%-33.9%NA39.8%
BVPS23.8%3.8%2.9%4.6%
Share Price 31.5% -6.6% 6.2% -18.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
10.926.579.538.240.619.6-8.51.52.73.64
Op. Profit
Mgn %
6.810.425.823.137.918.6-0.68.511.710.410.3
Net Profit
Mgn %
2.7617.114.725.211.1-5.311.92.12.2
Debt to
Equity
1.10.70.40.10.10.60.60.60.90.9-
Working Cap
Days
18313194119143189248240275276126
Cash Conv.
Cycle
5956518110113318016617719321

Valuation of Mangalam Organics - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales375338491493494530623
Operating Expenses + 288210400495455471535
Manufacturing Costs36405376698071
Material Costs209123277343303273328
Employee Cost 25213035394250
Other Costs 18264042447686
Operating Profit 8612891-3395988
Operating Profit Margin (%) 23.1%37.8%18.5%-0.6%7.8%11.1%14.1%
Other Income + 1110105
Exceptional Items -1000000-4
Interest 51414162128
Depreciation 9141518202128
Profit Before Tax 6311473-3441733
Tax 153019-7-048
Profit After Tax 488554-2741326
PAT Margin (%) 12.8%25.1%11.0%-5.5%0.9%2.4%4.1%
Adjusted EPS (₹)55.598.862.8-31.85.114.629.6
Dividend Payout Ratio (%)1.80%1.50%2.40%0%0%0%0%
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 168252304276281293319
Share Capital 9999999
Reserves 159243296267272285310
Debt +1724203175157246323
Long Term Debt905241213555
Short Term Debt924151134136211268
Minority Interest0000-000
Trade Payables11243233244746
Others Liabilities 18122119223753
Total Liabilities 215311560503483624740

Fixed Assets

Net Fixed Assets +102121198227244269328
Gross Block179211303349386432496
Accumulated Depreciation7790105122142162168
CWIP 30815260
Investments 0000000
Inventories65106244189136213300
Trade Receivables31344447566959
Cash Equivalents 13411213
Others Assets 13166535404450
Total Assets 215311560503483624740
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 9326-847773-81
PBT 6311473-3441733
Adjustment 14141830354256
Changes in Working Capital 33-72-1538030-67-86
Tax Paid -17-30-2204-0-2
Cash Flow From Investing Activity + -59-28-100-41-40-67-60
Capex -59-29-100-41-40-67-60
Net Investments 000-00-00
Others 0100000
Cash Flow From Financing Activity + -362183-36-337460
Net Proceeds from Shares 0000000
Net Proceeds from Borrowing 3-952-11-211420
Interest Paid -5-1-3-13-16-21-28
Dividend Paid -1-1-1-1000
Others -3213135-1138168
Net Cash Flow -20-111-11
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)28.5540.4119.34-9.391.544.398.42
ROCE (%)36.2249.6919.55-4.074.267.519.95
Asset Turnover Ratio1.741.291.130.9310.960.91
PAT to CFO Conversion(x)1.940.31-1.56N/A18.25-0.620.04
Working Capital Days
Receivable Days30.5035.5029.2033.9038.3043.2037.60
Inventory Days63.1092.20130.20160.60120.20120.10150.50
Payable Days19.9052.5037.3034.9034.2047.4051.90

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mangalam Organics Ltd FAQs

The current trading price of Mangalam Organics on 11-Sep-2026 16:59 is ₹462.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Mangalam Organics stood at ₹396.1 Cr

The latest P/E ratio of Mangalam Organics as of 10-Sep-2026 is 32.70.

The latest P/B ratio of Mangalam Organics as of 10-Sep-2026 is 1.28.

The 52-week high of Mangalam Organics is ₹636.9 and the 52-week low is ₹352.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mangalam Organics is ₹550 ( Cr.) .

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

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

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.

About Mangalam Organics Ltd

Mangalam Organics, established in 1947, is a BSE and NSE listed company primarily manufacturing Pine Chemicals such as Terpene Chemistry: Camphor, Camphene, Isobornyl Acetate, Isoborneol, Dipentene and Sodium Acetate and Synthetic Resins: Terpene Phenolic Resin, Alkyl Phenolic Resin, Rosin Based Resins. The company also has a strong retail presence through its brands Mangalam and CamPure.

The company has a strong foothold in the pine chemicals Industry through its management that has been in the field for over years. The company is a government recognized export house with customers in Europe, USA, Africa and the Middle East.

The manufacturing plant was established in 1996 at Kumbhivali, Mumbai. Over the years the company has successfully increased its production, augmented its sales reach and maintained its superior quality for which it is renowned.

Business area of the company

Mangalam Organics is engaged in the business of manufacturing of Camphor, Resin and Sodium Acetate. The company has a strong foothold in the pine chemicals Industry. The company caters to both domestic and international markets.

Products

Terpene Products

  • Camphor
  • Camphene
  • Dipentene
  • Isobornyl Acetate
  • Isoborneol
  • Isoborneol Flakes (Bhimseni Camphor)
  • Sodium Acetate Trihydrate
  • Terpineol
  • Camphor Oil
  • Pine Tar
  • Terpineol

Resin Products

  • Terpene Phenolic Resin
  • Alkyl Phenolic Resin
  • Glycerol Modified Ester Gum
  • Penta Modified Ester Gum

Milestones

  • 1946: Ramgopal Dujodwala (founder of Mangalam Organics Ltd.) commenced trading in Rosin
  • 1949: Ramgopal Dujodwala established a Rosin and Turpentine manufacturing unit at Hoshiarpur, followed by a unit at Una, Faridabad, and one in Jammu and Kashmir
  • 1994: Facility built for manufacture of Camphor and MOL listed on BSE Limited
  • 2007: Kamal Dujodwala took over as Chairman
  • 2007: Set up a new division to manufacture Synthetic Resins
  • 2013: Commenced manufacturing and retailing of Mangalam camphor tablet
  • 2017: Commenced manufacturing and retailing of homecare product based on camphor under ‘Cam Pure’
  • 2020: Established Mangalam Brands Private Limited to focus on Brands 'Mangalam' and 'Campure'
  • 2022: Successfully completed the expansion to manufacture around 10,000 MT of camphor
  • 2025: Successfully completed the expansion to manufacture 2500 MT per annum of Bhimseni/ lsoborneol Flakes

You have 44 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now