Meghmani Organics commissions Titanium Dioxide plant

Meghmani Organics Limited announced commissioning of Phase 1 of Titanium Dioxide (TiO2) plant at Dahej, Gujarat with an installed capacity of 16,500 metric tonnes per annum (MTPA). Meghmani had acquired Kilburn Chemicals Limited for Rs 1.32 billion in December 2021 by making 100% upfront payment. Post which the company incurred total capex to the tune … Read more

Meghmani Organics Ltd Reports 87.8% Slump in YoY Net Profit for Q3 FY23

Meghmani Organics Ltd, an Indian specialty chemicals manufacturer announced its results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit declined by 87.4% to Rs 83.54 million for the period ended Dec 31, 2022 as against net profit of Rs 661.49 million for the previous. Net sales decreased 14.6% … Read more

Meghmani Organics to set up Rs 1.5 Bn nano urea plant in Gujarat

Meghmani Organics Limited’s wholly owned subsidiary MCNL has signed a licensing agreement with one of India’s leading domestic fertiliser manufacturers to produce nano urea fertiliser, the company said on December 23. Nano urea is a liquid fertilizer and is effective in enhancing the nutritional quality, crop’s productivity and is environmentally safe. MCNL will incur a … Read more

India’s Meghmani Organics Reports 183.7% Growth in Net Profit for Q4 FY22

Meghmani Organics Ltd., a specialty chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 183.7% to Rs 1.02 billion for the period ended March 31, 2022 as against Rs 360.28 million for the period ended March 31, 2021. Net sales … Read more

India’s Meghmani Organics Ltd Acquires Kilburn Chemicals

Meghmani Organics Limited (MOL) announced that it has completed an acquisition of Kilburn Chemicals Limited (KCL). MOL paid INR 1.32 billion as per the National Company Law Tribunal (NCLT) approved resolution plan dated 16th December 2021. Thus, the Company has diversified its Pigment Division’s product offering with Kilburn Chemicals acquisition, fast-tracking its foray into Titanium … Read more

India’s Meghmani Organics to Invest Rs 4 Billion for Titanium Dioxide Plant

Meghmani Organics Limited (MOL) is setting up a White Pigment Titanium Dioxide (TiO2) plant with 33,000 metric ton production facility at a total capex of Rs 4 billion at Dahej. Titanium Dioxide (TiO2) is used as a bright white pigment in various industries including paint, coating, plastic, ink, dyes, paper, and cosmetics etc. The company … Read more

India’s Meghmani Organics Reports Rs 65.26 Cr Net Profit for YoY Q2FY22

Meghmani Organics Ltd., a agrochemicals and pigments manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 4.8% to Rs 65.26 crores ($8.7 million) for the period ended September 30, 2021 as against net profit of Rs 68.57 crores ($9.1 million) for … Read more

India’s Meghmani Organics Reports 136.5% Rise in YoY Q1FY21 Net Profit

Meghmani Organics Ltd., a specialty chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit grew 90.3% to Rs 68.56 crores ($9.2 million) for the period ended June 30, 2021 as against net profit of Rs 36.02 crores ($4.8 million) for the … Read more

Meghmani Organics Commences Production at New Agrochem Plants

India’s Meghmani Organics Ltd has commenced commercial production at its two agrochemical plants on 25 November 2020. The company has begun commercial production at Herbicide 2,4-D Acid (2,4-Dichlorophenoxyacetic acid) plant at GIDC, Dahej in Bharuch district of Gujarat. The cost of setting up the Herbicide 2,4-D Acid with an annual capacity of 10,800 MTs is … Read more

Meghmani Organics FY19-20 Q4 Net Profit Declines 22.79%

Meghmani Organics Ltd., an Indian pigment and pesticides manufacturer has reported financial results for the period ended March 31, 2020. Q4 Results The company’s net profit fell by 22.79% to Rs 51.32 crores ($6.7 million) for the period ended March 31, 2020 as against Rs 66.47 ($8.7 million) crores for the period ended March 31, … Read more