Results - Announcements
Mangalam Organics Ltd share price ticked higher by 0.76% to Rs 453.4
Mangalam Organics Ltd's net profit tanked by 53.78% to Rs 3.36 crore, while revenue from operations gained significantly 57.16% to Rs 281.46 crore in Q2FY27 over Q2FY26.
The market capitalization of Commodity Chemicals industry group stocks on BSE stood at Rs 1.66 lakh crore, gaining 6.31%. It has marginally improved by 0.96% over last one week and softened by 6.87% in last one month while the market capitalization of Mangalam Organics Ltd has inched up 3.60% and 0.78% in the same period respectively.
Profit before tax (PBT) of Mangalam Organics Ltd stood at Rs 5.0 crore in Q2 FY27, surging by 19.62% year-on-year, and nosediving by 42.53% quarter-on-quarter. EBITDA came in at Rs 22 crore, tumbling by 206.07% YoY and slipping 2.85% sequentially.
Total expenses surged 64.01% to Rs 267.42 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 199.45 crore, jumping 62.30% YoY, while employee benefits expense was at Rs 14.13 crore, ticking higher by 4.28% YoY.
For FY26, revenue from operations grew 17.46% to Rs 622.57 crore, while net profit saw a strong growth of 104.44% to Rs 25.76 crore, compared to previous FY. EBITDA soared by 6401% to Rs 83.08 crore, and PBT soared 100.36% to Rs 33.3 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 0.92 crore in FY26, as against Rs 7.84 crore in FY25.
Mangalam Organics Ltd tumbled by 16.29% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.42% during the same period.