04-Nov-2026 14:39:40
MEGHMANI ORGANICS Q2 FY27: REVENUE UP 18% YOY, PAT RISES 6%; EBITDA FLAT AMID COST PRESSURES, NCLT APPROVES SUBSIDIARY MERGER
• EBITDA Margin: Declined to 10.8% from 12.6% YoY due to higher input and logistics costs. • Crop Protection: Revenue at ₹496.7 Cr, EBITDA at ₹54.6 Cr, with 11% margin and 72% capacity utilisation. • Pigments Business: Revenue at ₹161.5 Cr, EBITDA at ₹16.3 Cr, with 10.1% margin and 51% capacity utilisation. • Production: Crop Protection output flat YoY at 10,019 MT; Pigments production up 13% YoY to 4,252 MT. • H1 FY27 Performance: Revenue up 3% to ₹1,181.2 Cr, EBITDA up 9% to ₹164.6 Cr and PAT up 23% to ₹102.9 Cr. • Merger Approval: NCLT approved amalgamation of two wholly owned subsidiaries, targeting operational synergies and cost reductions. • Management Outlook: Focused on improving product mix, operating efficiency and profitability amid near-term cost pressures.
MEGHMANI ORGANICS LIMITED