MoneyWorks4Me analysed the past 10-year performance of Meghmani Organics Ltd and arrived at the following conclusion:
The 5-year analysis of Meghmani Organics Ltd's performance infers:
We analysed the performance of Meghmani Organics Ltd share prices over the last 10 years. Here is what we found out:
It was in 1986, when Gujarat Industries was established as a partnership firm in Gujarat to manufacture pigments. High productivity and profitability transformed Gujarat Industries to a joint stock company, under the name of Meghmani Organics Limited, by 1995. Since then Meghmani Organics Limited has diversified its business interests to include a range of pesticides and other pigment products as well.
Meghmani Organics Limited is a leading manufacturer of pigment and pesticide products
Meghmani Organics Limited 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.
Sound fundamentals, outstanding export performance, strong presence in the domestic market and a focused management team has seen Meghmani Organics Limited grow at a compounded annual growth rate (CAGR) of 17% and profits 10% over the past 3 years.
The Rs 6000 million Meghmani Organics Limited is:
More than 80% of its pigment products and over 50% of its pesticides products are exported the world over. The company has four multifunctional production facilities in Gujarat (India) of which three are ISO 9001-2000. The production facilities are strategically located with high accessibility and close proximity to source of raw material.
The company has the necessary facilities to treat liquid / solid waste and air emission that contain pollutants, in accordance with the requirements of the Gujarat Pollution Control Board ('GPCB'). It is ISO certified and follow sound Health, Safety and Environmental policy.
The production facility of company is situated in Gujarat. It had two pigment production plants in Vatva and Panoli near Ahmedabad and two agrochemical plants in Chharodi and Ankleshwar.
Product range of the company includes:
Pigments- The pigment products which are manufactured basically fall into three main categories -- Pigments for Plastics - Pigments for Printing Inks - Pigments for Coatings
Pesticides- The agrochemical products which are manufactured fall into three main categories -- Technical Products - Formulation Products - IntermediatesIts agrochemical products are used in crop protection, public health, termite & insect control and veterinary applications.
New Products- Hysol-P based CPC Blue product.
Milestones of the company: