{"id":128832,"date":"2022-05-04T08:47:14","date_gmt":"2022-05-04T12:47:14","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128832"},"modified":"2022-10-06T03:28:48","modified_gmt":"2022-10-06T07:28:48","slug":"meghmani-organics-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/meghmani-organics-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Meghmani Organics Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Meghmani Organics Limited Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/VUj3HzpxLpo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Meghmani Organics Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/MOL\/\">MOL<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>MOL said that it expects commercial production to come on stream by 2Q23 for the agrochemical division expansion plan project, which will additionally contribute significantly to the topline of MOL going forward.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Aman Vij of Astute Investment asked that on the 2,4-D, what was MOL\u2019s utilization levels for FY22 and the capacity now. Ankit Patel CEO answered that MOL\u2019s capacity is 22,000 tons. MOL added that in the first year, the company has been able to utilize the plant by more than 75% capacity.<\/li>\n<\/ul>\n<ul>\n<li>Aman Vij of Astute Investment asked about pricing coming down due to Chinese players coming back. Ankit Patel CEO replied that Chinese companies were already there in the market of 2,4-D. But depending on the demand and the market conditions, price keeps on varying. Now it has come down to $3.5.<\/li>\n<\/ul>\n<ul>\n<li>Aman Vij of Astute Investment enquired that on the MPP side, if MOL will be introducing mostly insecticides and pyrethroid insecticides only. Ankit Patel CEO said that the company would like to keep it confidential for the time being as MOL is coming with some new gen products.<\/li>\n<\/ul>\n<ul>\n<li>Aman Vij of Astute Investment asked that on the agrochem side how much does MOL expect the base business to grow without new products, if it\u2019s 5-6%. Ankit Patel CEO answered that 5%, 6% would be too low. MOL expects at least 10% plus. So MOL will have more growth in the existing product, but the major growth will come from the new product segment.<\/li>\n<\/ul>\n<ul>\n<li>Rahul Veera with Abakkus enquired about the MPP plant and when it\u2019s going to be commissioned. Ankit Patel CEO replied that MOL expects to commission the plant by end of 2Q23. So by September, MOL should be able to commercialize.<\/li>\n<\/ul>\n<ul>\n<li>Rahul Veera with Absakkus also asked that in 2H23 if the titanium dioxide capacity plus the MPP plant would drive growth. Ankit Patel CEO said that the titanium dioxide Kilburn plant first phase is expected to be commissioned by December, so probably Q4 for the Kilburn chemicals. And for the agro-chemicals, MOL should have nearly 4-5 months&#8217; time.<\/li>\n<\/ul>\n<ul>\n<li>Amit Vora from The Homeopathy Clinic asked if MOL is seeing margins improving on the Pigment side further, which came down to 9.3% in FY22 from 18.1% in FY23. Ankit Patel CEO answered that in the Phthalocyanine-based segment where MOL is present; typically, the margin varies in the range of about 12-14%. FY21 was one-off due to favorable market condition and low raw material prices.<\/li>\n<\/ul>\n<ul>\n<li>Amit Vora from The Homeopathy Clinic asked if MOL is seeing any foreseeable risk in both the agrochemical and pigment section. Ankit Patel CEO replied that there has been some pressure on raw material price increase and volatility due to global situation. And it has been very challenging coming days.<\/li>\n<\/ul>\n<ul>\n<li>Yogansh Jeswani of Mittal Analytics asked that in Kilburn Chemical, once production starts what\u2019s the expected utilization post commercialization. Ankit Patel CEO answered when the plant starts in Q4, initially the utilization is going to be challenging. But for the first year, MOL expects to utilize between 55-60%. And later on, there\u2019s a target to go above 80%.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Meghmani Organics Limited (MOL) Q4 FY22 Earnings Concall Management Update: MOL said that it expects commercial production to come on stream by 2Q23 for the agrochemical division expansion plan project, which will additionally contribute significantly to the topline of MOL going forward. Q&amp;A Highlights: Aman Vij of Astute Investment asked that on [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,5753],"tags":[8519,9478],"class_list":["post-128832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-industrials","tag-chemicals","tag-industirals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":127035,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128832,"position":0},"title":"Meghmani Organics Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"February 3, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=tjaijb5nVMA Key highlights from Meghmani Organics Limited (MOL) Q3 FY22 Earnings Concall Management Update: MOL stated that the agrochemicals ongoing capex of INR310 crore is progressing as per plan and the commencement for the commercial production is expected to begin from 2Q23. This would additionally contribute about INR600 crore revenue\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144894,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-limited-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128832,"position":1},"title":"Meghmani Organics Limited Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"May 3, 2023","format":false,"excerpt":"Key highlights from Meghmani Organics Limited (MOL) Q4 FY23 Earnings Concall Q&A Highlights: [00:08:16] Rahul Veera from Abakkus asked if the base can still grow in the Agrochemical division for MOL despite the recent sharp decrease in prices of 2,4-D. Ankit Patel CEO said that prices have dropped significantly across\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128861,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-limited-mol-q4-fy22-earnings-concall-transcript\/","url_meta":{"origin":128832,"position":2},"title":"Meghmani Organics Limited (MOL) Q4 FY22 Earnings Concall Transcript","author":"Staff Correspondent","date":"May 4, 2022","format":false,"excerpt":"Meghmani Organics Limited (NSE: MOL) Q4 FY22 Earnings Concall dated May. 02, 2022 Corporate Participants: Sonam Raghuvanshi\u00a0--\u00a0Investor Relations Ankit Patel\u00a0--\u00a0Chief Executive Officer Gurjant Singh Chahal\u00a0--\u00a0Chief Financial Officer Bharat Mody\u00a0--\u00a0Advisor Analysts: Aman Vij\u00a0--\u00a0Astute Investment Management -- Analyst Rahul Veera\u00a0--\u00a0Abakkus -- Analyst Hemant Gupta\u00a0--\u00a0Navigdata Analytics -- Analyst Amit Vora\u00a0--\u00a0Homeopathy Clinic -- Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"stock earnings conference call transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128594,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128832,"position":3},"title":"Meghmani Finechem Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"April 26, 2022","format":false,"excerpt":"https:\/\/youtu.be\/eqk613DQQcc Key highlights from Meghmani Finechem Limited (MFL) Q4 FY22 Earnings Concall Management Update: MFL closed the year with highest ever revenue and PAT of INR1,551 crores and INR253 crores respectively, which is attributed to a volume growth of 20% and higher realization for all the products. Q&A Highlights: Manish\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128245,"url":"https:\/\/alphastreet.com\/india\/gufic-biosciences-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":128832,"position":4},"title":"Gufic Biosciences Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 14, 2022","format":false,"excerpt":"https:\/\/youtu.be\/f3tlyxhD91U Key highlights from Gufic Biosciences Limited (GUFICBIO) Q3 FY22 Earnings Concall Management Update: In CDMO, GUFICBIO said it\u2019s looking at a 9.4 million vials capacity per month which should make the company the largest manufacturer in the world. Q&A Highlights: Umang Shah from Sarath Capital AIF asked that the\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":159214,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-ltd-q3fy24-36-fall-in-revenue\/","url_meta":{"origin":128832,"position":5},"title":"Meghmani Organics Ltd Q3FY24; 36% fall in Revenue","author":"Chirag Gupta","date":"February 26, 2024","format":false,"excerpt":"Founded in 1986 as M\/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-214.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128832"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}