Meghmani Finechem Ltd

Meghmani Finechem Ltd Performance

Day's Price Range
52-Week Price Range
1 Month Return-12.7 %
3 Month Return-25.17 %
1 Year Return-12.86 %

Analyst Forecast

Excluding Excise Duty and Other Income, represents Net Revenue

Meghmani Finechem Ltd revenue growth forecast

Expected growth rate Q1, FY2024:0



Source: S&P Global Market Intelligence

Meghmani Finechem Ltd Valuation

Meghmani Finechem Ltd in the last 5 years

Lowest (9.53x)

March 20, 2023

Today (9.88x)

March 22, 2023

Highest (24.63x)

June 6, 2022



Price to Earnings TTM Ratio

Insights on Meghmani Finechem Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.


    Promoter Holding Up

    Promoters have increased holdings from 71.12% to 71.21% in Dec 2022 quarter


    Retail Holding Up

    Retail Investor have increased holdings from 27.26% to 27.45% in Dec 2022 quarter

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    Against Peers

    In the last 1 year, Solar Industries India Ltd has given 45.8% return, outperforming this stock by 58.7%


    FII Holding Down

    Foreign Institutions have decreased holdings from 1.40% to 1.15% in Dec 2022 quarter


    Profit Down

    Netprofit is down for the last 3 quarters, 107.79Cr → 77.2Cr (in ₹), with an average decrease of 15.4% per quarter


    Revenue Fall

    Revenue is down for the last 2 quarters, 557.21Cr → 537.58Cr (in ₹), with an average decrease of 3.5% per quarter


    Price Dip

    In the last 6 months, MFL stock has moved down by -43.7%

Meghmani Finechem Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Meghmani Finechem Ltd Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Corporate Announcements

  • Meghmani Finechem Ltd Earnings Results

    Meghmani Finechem Ltd’s net profit jumped 10.71% since last year same period to ₹77.2Cr in the Q3 2022-2023. On a quarterly growth basis, Meghmani Finechem Ltd has generated -15.69% fall in its net profits since last 3-months.

    Read More
  • Meghmani Finechem Ltd Dividends January,2023

    In the quarter ending March 2023, Meghmani Finechem Ltd has declared dividend of ₹2.5 - translating a dividend yield of 0.28%.

    Read More

Meghmani Finechem Ltd Company Information

Meghmani Finechem Limited was incorporated in 2007 as a subsidiary of Meghmani organics ltd under the provisions of Companies Act 1956. The Company at present is primarily engaged in manufacturing and selling of Chlor Alkali its Derivatives. The Company is also engaged in Trading of Agrochemical products.The Honble National Company Law Tribunal NCLT Ahmedabad Bench vide its order dated 3 May 2021 the Order has approved the Scheme of Arrangement the Scheme to demerge the Agrochemicals and Pigments Division of Meghmani Organics Limited MOL alongwith its investment in Optionally Convertible Redeemable Preference Shares OCRPS of Meghmani Finechem Limited MFL and transferred to the Company as a going concern. The certified true copy of the Order issued by NCLT Ahmedabad Bench on 05th May 2021 filed with The Ministry of Corporate Affairs the MCA Registrar of Companies ROC Gujarat Dadra Nagar and Haveli on 10th May 2021. The Scheme is effective from 10th May 2021. By this Meghmani Finechem Limited was demerged from Meghmani Organics in FY 202021 to empower the Company grow its ChlorAlkali business. The demerged Company is now being driven by the second generation of the promoter family that came on the Board of the Company in 2016. The Companys ChlorAlkali business was commissioned in 2009 growing from an installed capacity of 188000 TPA in 2015 to 315000 TPA at the close of FY 202021. The Company is now among the leading players in Indias chlor alkali industry.The Company grew its business following the commissioning of new plants Caustic Soda Hydrogen Peroxide and the 36 MW Captive PowerPlant. The timely commissioning of the plants represented the faith of the management in the longterm potential of the sector and country. The Caustic Soda capacity was expanded by 127000 TPA to 294000 TPA and commissioned in June 2020. The Captive Power Plant capacity was increased by 36 MW to 96 MW commissioned in June 2020. The Company commissioned a 60000 TPA Hydrogen Peroxide plant in July 2020. The complement of these manufacturing capacities will broadbase the Companys manufacturing foundation strengthen integration moderate the cost structure and provide a platform for valueaddition. The payback from these investments is likely to be recovered in 45 years validating the Companys commitment to profitable growth.During the year under review 202021 the Company announced the implementation of a manufacturing facility for Epichlorohydrin ECH and Chlorinated Polyvinyl Chloride CPVC which are expected to add attractively to the Companys volumes and profitability across the future. The ECH project will be the first time that the product will be manufactured in India. The 50000 TPA facility will be based on glycerin feedstock that is obtained from 100 renewable resources addressing the need for costeffectiveness and moderated carbon footprint. The project is likely to be commissioned during the first quarter of the next financial year. The CPVC Resin project of 30000 TPA at a cost of H190 Cr is likely to be commissioned in the second quarter of FY 202223.

Meghmani Finechem Ltd Share Price: ₹884.70 per share as on 23 Mar, 2023 04:01 PM
Meghmani Finechem Ltd Market Capitalisation: ₹4,307.50Cr as of today
Meghmani Finechem Ltd Revenue: ₹537.58Cr as on December 2022 (Q4 22)
Meghmani Finechem Ltd Net Profit: ₹77.2Cr as on December 2022 (Q4 22)
Meghmani Finechem Ltd Listing date: 08 Sep, 2007
Meghmani Finechem Ltd Chairperson Name: Maulik Jayantibhai Patel
OrganisationMeghmani Finechem Ltd
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Frequently Asked Questions

Meghmani Finechem Ltd(MFL) share price today is ₹884.70 (last updated 23 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Meghmani Finechem Ltd(MFL) is ₹902.70.
  • Today’s lowest price of Meghmani Finechem Ltd(MFL) is ₹882.55.
  • (last updated 23 Mar, 2023 at 04:01 PM)
Today’s traded volume of Meghmani Finechem Ltd(MFL) is 18238.
Today’s market capitalisation of Meghmani Finechem Ltd(MFL) is ₹4,307.50Cr.
Meghmani Finechem Ltd(MFL)Price
52 Week High₹1736.00
52 Week Low₹852.25
  • (last updated 23 Mar, 2023 at 04:01 PM)
  • Meghmani Finechem Ltd(MFL) share price is ₹884.70 (last updated 23 Mar, 2023 at 04:01 PM). It is down -49.04% from its 52 Week High price of ₹1736.00
    Meghmani Finechem Ltd(MFL) share price is ₹884.70 (last updated 23 Mar, 2023 at 04:01 PM). It is up 3.81% from its 52 Week Low price of ₹852.25
    Meghmani Finechem Ltd(MFL)Returns (%)
    1 Day Returns-0.98%
    1 Month Returns-12.70%
    1 Year Returns-12.86%
    3 Year Returns119.83%
    5 Year Returns119.83%
    Meghmani Finechem Ltd(MFL) share price is ₹884.70 and its price to earning (PE) is 9.88. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

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