Meghmani Organics Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹13.05Overvalued by 75.14%vs CMP ₹52.50

P/E (33.0) × ROE (0.8%) × BV (₹60.60) × DY (2.00%)

₹50.60Fairly Valued by 3.62%vs CMP ₹52.50
MoS: -3.8% (Negative)Confidence: 43/100 (Low)Models: 4 Under, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹8.7230%Over (-83.4%)
Graham NumberEarnings₹46.5618%Over (-11.3%)
Net Asset ValueAssets₹60.5210%Under (+15.3%)
EV/EBITDAEnterprise₹66.0312%Under (+25.8%)
Earnings YieldEarnings₹15.9010%Over (-69.7%)
ROCE CapitalReturns₹147.0212%Under (+180%)
Revenue MultipleRevenue₹81.807%Under (+55.8%)
Consensus (7 models)₹50.60100%Fairly Valued
Key Drivers: EPS CAGR -33.2% drags value — could be higher if earnings stabilize. | ROE 0.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -33.2%

*Investments are subject to market risks

Analyst Summary

Meghmani Organics Ltd operates in the Agro Chemicals/Pesticides segment, current market price is ₹52.50, market cap is 1,335 Cr.. At a glance, stock P/E is 33.0, ROE is 0.80 %, ROCE is 3.39 %, book value is 60.6, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹50.60, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹2,080 Cr versus the prior period change of 32.8%, while latest net profit is about ₹-11 Cr with a prior-period change of 89.6%. The 52-week range shown on this page is 106/36.4, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMeghmani Organics Ltd. is a Public Limited Listed company incorporated on 15/10/2019 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L24…

This summary is generated from the stock page data available for Meghmani Organics Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

48
Meghmani Organics Ltd scores 48/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health51/100 · Moderate
ROCE 3.4% WeakROE 0.8% WeakD/E 0.18 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 49.0% Stable
Earnings Quality50/100 · Moderate
OPM contracting (14% → 3%) DecliningWorking capital: 20 days (improving) Efficient
Quarterly Momentum60/100 · Moderate
Revenue (4Q): +16% YoY Growing
Industry Rank20/100 · Weak
P/E 33.0 vs industry 29.2 In-lineROCE 3.4% vs industry 15.3% Below peersROE 0.8% vs industry 20.0% Below peers3Y sales CAGR: -6% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 11:27 pm

Market Cap 1,335 Cr.
Current Price 52.5
Intrinsic Value₹50.07
High / Low 106/36.4
Stock P/E33.0
Book Value 60.6
Dividend Yield0.00 %
ROCE3.39 %
ROE0.80 %
Face Value 1.00
PEG Ratio-0.99

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Meghmani Organics Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Meghmani Organics Ltd 1,335 Cr. 52.5 106/36.433.0 60.60.00 %3.39 %0.80 % 1.00
Punjab Chemicals & Crop Protection Ltd 1,269 Cr. 1,035 1,666/87619.8 3260.29 %15.3 %12.0 % 10.0
Excel Industries Ltd 1,166 Cr. 927 1,440/80015.4 1,4381.48 %7.11 %5.21 % 5.00
3B Blackbio DX Ltd 1,135 Cr. 1,322 2,020/1,11019.8 3470.30 %25.8 %19.4 % 10.0
Astec Lifesciences Ltd 1,606 Cr. 721 991/512 1860.00 %12.9 %45.3 % 10.0
Industry Average10,334.70 Cr1,093.4529.21373.290.48%15.30%19.97%6.67

All Competitor Stocks of Meghmani Organics Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 549.43574.08425.78378.72351.75410.03413.88543.89568.51553.46613.62577.26508.74
Expenses 496.54496.18447.87371.13359.55408.01408.01513.32527.69487.98546.73525.17471.01
Operating Profit 52.8977.90-22.097.59-7.802.025.8730.5740.8265.4866.8952.0937.73
OPM % 9.63%13.57%-5.19%2.00%-2.22%0.49%1.42%5.62%7.18%11.83%10.90%9.02%7.42%
Other Income 23.9827.417.0112.109.638.958.8811.979.1413.8816.5827.7614.84
Interest 43.3415.754.4712.7726.632.4910.5826.2212.8819.3229.4723.7818.13
Depreciation 18.0922.5823.5922.7123.1322.8023.4825.4929.6729.4929.7029.9829.94
Profit before tax 15.4466.98-43.14-15.79-47.93-14.32-19.31-9.177.4130.5524.3026.094.50
Tax % 45.92%19.15%-20.03%-2.85%-20.26%25.42%-13.26%1.09%159.24%35.12%47.78%55.73%178.67%
Net Profit 8.3554.15-34.50-15.34-38.23-17.96-16.76-9.27-4.3919.8212.6811.55-3.53
EPS in Rs 0.332.13-1.36-0.60-1.50-0.71-0.66-0.36-0.170.780.500.45-0.14

Last Updated: February 5, 2026, 12:41 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 1:16 am

MetricMar 2020n n 6mMar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 7001,6372,4982,5531,5662,0802,253
Expenses 5951,3532,1192,2111,5861,9362,031
Operating Profit 105283379342-19144222
OPM % 15%17%15%13%-1%7%10%
Other Income 13030102114374273
Interest 1811966466991
Depreciation 2251637792108119
Profit before tax 194252409313-121985
Tax % 23%26%26%24%-12%212%
Net Profit 150186304238-106-1141
EPS in Rs 29,914.0037,296.0011.979.35-4.17-0.421.59
Dividend Payout % 17%19%12%15%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)63.44%-21.71%-144.54%89.62%
Change in YoY Net Profit Growth (%)0.00%-85.15%-122.83%234.16%

Meghmani Organics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2021-2022 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:24%
3 Years:-6%
TTM:47%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:121%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-13%
1 Year:-25%
Return on Equity
10 Years:%
5 Years:8%
3 Years:2%
Last Year:-1%

Last Updated: Unknown

Balance Sheet

Last Updated: December 4, 2025, 1:38 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 25252525252525
Reserves 9611,1481,4411,6441,5021,4901,514
Borrowings 264268499824837829841
Other Liabilities 407533832705674741905
Total Liabilities 1,6571,9742,7983,1983,0393,0853,285
Fixed Assets 4816349111,1661,1521,5751,540
CWIP 1011121883565218380
Investments 19130421118311433
Other Assets 8859241,4871,4941,2511,4251,662
Total Assets 1,6571,9742,7983,1983,0393,0853,285

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 223336520425066
Cash from Investing Activity + 13-307-133-418-17831
Cash from Financing Activity + -26-1458234-85-91
Net Cash Flow 812-1021-146
Free Cash Flow -49124-177-259-14-20
CFO/OP 48%143%42%84%-1,328%49%

Free Cash Flow

MonthMar 2020n n 6mMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow105.0015.00-120.00-482.00-856.00-685.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 24192797510199
Inventory Days 271152161158185173
Days Payable 209137144108176159
Cash Conversion Cycle 30210696124110113
Working Capital Days 1528957532620
ROCE %19%24%16%-3%3%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 49.48%49.50%49.32%49.32%49.32%49.32%49.33%49.33%49.41%48.98%48.98%48.98%
FIIs 1.53%1.50%1.34%1.30%1.52%1.39%2.22%1.90%1.81%1.94%1.48%1.33%
DIIs 0.45%0.45%0.61%0.26%0.20%0.20%0.42%0.27%0.48%0.37%0.00%0.00%
Government 0.05%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%
Public 48.50%48.51%48.69%49.09%48.93%49.05%47.98%48.46%48.24%48.68%49.50%49.65%
No. of Shareholders 1,27,1981,31,3361,40,6721,40,8291,52,7031,46,0101,28,8751,27,3921,26,6171,28,0821,31,8531,35,031

Shareholding Pattern Chart

No. of Shareholders

Meghmani Organics Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund 140,745 0.19 1.06140,7452025-04-22 05:19:080%
Groww Nifty Total Market Index Fund 369 0.01 03692025-04-22 17:25:260%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) -0.42-4.179.3511.977.33
Diluted EPS (Rs.) -0.42-4.179.3511.977.33
Cash EPS (Rs.) 3.83-0.5412.3814.439.33
Book Value[Excl.RevalReserv]/Share (Rs.) 59.5860.0765.6457.6546.13
Book Value[Incl.RevalReserv]/Share (Rs.) 59.5860.0765.6457.6546.13
Revenue From Operations / Share (Rs.) 81.7861.59100.3798.2464.36
PBDIT / Share (Rs.) 7.340.6817.1918.6712.08
PBIT / Share (Rs.) 3.09-2.9414.1616.2010.09
PBT / Share (Rs.) 0.37-4.7612.3116.079.90
Net Profit / Share (Rs.) -0.41-4.179.3511.977.33
NP After MI And SOA / Share (Rs.) -0.41-4.179.3511.977.33
PBDIT Margin (%) 8.971.1117.1219.0018.76
PBIT Margin (%) 3.77-4.7714.1016.4915.67
PBT Margin (%) 0.45-7.7312.2616.3615.38
Net Profit Margin (%) -0.50-6.769.3112.1811.39
NP After MI And SOA Margin (%) -0.50-6.769.3112.1811.39
Return on Networth / Equity (%) -0.69-6.9414.2420.7615.89
Return on Capital Employeed (%) 4.17-3.7716.6023.3718.85
Return On Assets (%) -0.34-3.487.4310.889.44
Long Term Debt / Equity (X) 0.180.250.240.140.10
Total Debt / Equity (X) 0.540.540.490.330.18
Asset Turnover Ratio (%) 0.670.500.851.060.89
Current Ratio (X) 1.121.151.421.391.62
Quick Ratio (X) 0.620.650.790.771.01
Inventory Turnover Ratio (X) 3.731.552.353.182.81
Dividend Payout Ratio (NP) (%) 0.00-33.5814.9711.690.00
Dividend Payout Ratio (CP) (%) 0.00-257.9611.319.690.00
Earning Retention Ratio (%) 0.00133.5885.0388.310.00
Cash Earning Retention Ratio (%) 0.00357.9688.6990.310.00
Interest Coverage Ratio (X) 2.700.376.6550.4527.44
Interest Coverage Ratio (Post Tax) (X) 0.84-1.294.3332.7017.08
Enterprise Value (Cr.) 2357.582831.392761.813135.900.00
EV / Net Operating Revenue (X) 1.131.811.081.260.00
EV / EBITDA (X) 12.63162.666.326.610.00
MarketCap / Net Operating Revenue (X) 0.741.290.771.060.00
Retention Ratios (%) 0.00133.5885.0288.300.00
Price / BV (X) 1.031.321.181.810.00
Price / Net Operating Revenue (X) 0.741.290.771.060.00
EarningsYield -0.01-0.050.120.110.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Meghmani Organics Ltd. is a Public Limited Listed company incorporated on 15/10/2019 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L24299GJ2019PLC110321 and registration number is 110321. Currently Company is involved in the business activities of Manufacture of dyes and pigments from any source in basic form or as concentrate. Company's Total Operating Revenue is Rs. 2003.87 Cr. and Equity Capital is Rs. 25.43 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Agro Chemicals/Pesticides1st to 3rd Floor, Near Raj Bunglow, Ahmedabad Gujarat 380015Contact not found
Management
NamePosition Held
Mr. Ankit PatelChairman & Managing Director
Mr. Karana PatelExecutive Director
Mr. Darshan PatelExecutive Director
Mr. Maulik PatelNon Executive Director
Mr. Kaushal SoparkarNon Executive Director
Ms. Urvashi D ShahIndependent Director
Mr. Manubhai K PatelIndependent Director
Prof. (Dr) Ganapati YadavIndependent Director
Dr. Varesh Govindprasad SinhaIndependent Director
Mr. Nikunt RavalIndependent Director

FAQ

What is the intrinsic value of Meghmani Organics Ltd and is it undervalued?

As of 26 April 2026, Meghmani Organics Ltd's intrinsic value is ₹50.60, which is 3.62% lower than the current market price of ₹52.50, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (0.80 %), book value (₹60.6), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Meghmani Organics Ltd?

Meghmani Organics Ltd is trading at ₹52.50 as of 26 April 2026, with a FY2026-2027 high of ₹106 and low of ₹36.4. The stock is currently near its 52-week low. Market cap stands at ₹1,335 Cr..

How does Meghmani Organics Ltd's P/E ratio compare to its industry?

Meghmani Organics Ltd has a P/E ratio of 33.0, which is above the industry average of 29.21. The premium over industry average may reflect growth expectations or speculative interest.

Is Meghmani Organics Ltd financially healthy?

Key indicators for Meghmani Organics Ltd: ROCE of 3.39 % is on the lower side compared to the industry average of 15.30%; ROE of 0.80 % is below ideal levels (industry average: 19.97%). Dividend yield is 0.00 %.

Is Meghmani Organics Ltd profitable and how is the profit trend?

Meghmani Organics Ltd reported a net profit of ₹-11 Cr in Mar 2025 on revenue of ₹2,080 Cr. Compared to ₹304 Cr in Mar 2022, the net profit shows a declining trend.

Does Meghmani Organics Ltd pay dividends?

Meghmani Organics Ltd has a dividend yield of 0.00 % at the current price of ₹52.50. The company is currently not paying meaningful dividends.

Last Updated: April 25, 2026, 11:27 pm
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Meghmani Organics Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE