Overview: Incorporated in 1981, Mangalam Organics Limited (MOL), is based in Mumbai, and manufactures and trades in fine specialty chemicals, including camphor, resins, and dipentene. It is a Small Cap company with a market capital of Rs 431.69 Crore.
About the company: Formerly Dujodwala Products Limited, Mangalam Organics Limited is a Prime Manufacturers of Camphor, Resin and Sodium Acetate. The company has a strong foothold in the pine chemicals Industry through its management who has been in the field for over 50 years.
Mangalam Organics Limited is a government recognized export house with customers in Europe,USA, Africa and the Middle East.Manufacturing plant was established in 1996 at Kumbhivali, Mumbai. Over the years the company
has successfully increased its production, augmented its sales reach and maintained its superior quality for which it is renowned.
Management: MOL benefits from its promoters& extensive experience in the camphor industry, and its position as a leading player in the domestic market. Mr. Kamal kumar Dujodwala is the Chairman and his brother, Mr. Pannkaj Dujodwala is the Managing Director of Mangalam Organics Limited.
Foreign Institutions: 0%
N Banks Mutual Funds: 0%
General Public: 33.8%
Dividend: Mangalam Organics declared an equity dividend of 10.00% amounting to Rs 1 per share for the year ending March 2020.
Sales Report: Company's net profit increased by 7.9 times to Rs 29.78 crore in October-December quarter (Q3 FY21) compared to Rs 3.77 crore in same quarter previous year. Revenue from operations rose by 33.5% to Rs 107.56 crore in Q3 FY21 over Q3 FY20. Profit before tax in Q3 December 2020 stood at Rs 40.35 crore, up 6.1 times from Rs 5.27 crore in Q3 December 2019.
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