{"id":148091,"date":"2023-06-02T06:17:03","date_gmt":"2023-06-02T10:17:03","guid":{"rendered":"https:\/\/44.250.171.167\/?p=148091"},"modified":"2023-06-02T06:17:05","modified_gmt":"2023-06-02T10:17:05","slug":"meghmani-finechem-q4fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/meghmani-finechem-q4fy23-earnings-story\/","title":{"rendered":"Meghmani Finechem Q4FY23 Earnings Story"},"content":{"rendered":"\n<p>Meghmani Finechem Limited (MFL) is part of the Ahmedabad-based Meghmani Group. It was incorporated in September 2007 as a subsidiary of Meghmani Organics Ltd (MOL) but was demerged in April 2021. The company is primarily engaged in manufacturing and selling of Chlor Alkali &amp; its Derivatives with backward and forward integration facilities and also engaged in trading of Agrochemical products.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Meghmani Finechem Ltd. reported Total Income for Q4FY23 of \u20b9 567 Crores up from \u20b9 501 Crore year on year, a rise of 13%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 456 Crores up from \u20b9 356 Crores year on year, rise of 28%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 77 Crores, down 23% from \u20b9 99 Crores in the same quarter of the previous year.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 18.47, down 23% from \u20b9 23.85 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-21.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"293\" height=\"442\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-21.png\" alt=\"\" class=\"wp-image-148092\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-21.png 293w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/image-21-199x300.png 199w\" sizes=\"auto, (max-width: 293px) 100vw, 293px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Meghmani Finechem Limited (MFL) is part of the Ahmedabad-based Meghmani Group. It was incorporated in September 2007 as a subsidiary of Meghmani Organics Ltd (MOL) but was demerged in April 2021. The company is primarily engaged in manufacturing and selling of Chlor Alkali &amp; its Derivatives with backward and forward integration facilities and also engaged [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138779,"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":[9931,392],"tags":[11738],"class_list":["post-148091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agricultural-products","category-earnings","tag-agrochemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151543,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-ltd-q1fy24-70-fall-in-profits\/","url_meta":{"origin":148091,"position":0},"title":"Meghmani Finechem Ltd Q1FY24; 70% fall in Profits","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Meghmani Finechem Limited (MFL) is part of the Ahmedabad-based Meghmani Group. It was incorporated in September 2007 as a subsidiary of Meghmani Organics Ltd (MOL) but was demerged in April 2021. The company is primarily engaged in manufacturing and selling of Chlor Alkali & its Derivatives with backward and forward\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\/2023\/08\/image-290.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-290.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-290.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-290.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-290.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-290.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":148501,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-a-growth-story\/","url_meta":{"origin":148091,"position":1},"title":"Meghmani Finechem: A Growth Story","author":"Karan_Singh","date":"June 7, 2023","format":false,"excerpt":"\u201cFY '23 has been an exciting year even after a lot of volatility for the business. The realizations for all the products were at peak at the starting of the year and have reached to a bottom level by the end of the year. Even after this, our top line\u2026","rel":"","context":"In &quot;Other Industries&quot;","block_context":{"text":"Other Industries","link":"https:\/\/alphastreet.com\/india\/category\/other-industries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/iStock-97234232.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":128594,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":148091,"position":2},"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":159214,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-ltd-q3fy24-36-fall-in-revenue\/","url_meta":{"origin":148091,"position":3},"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":[]},{"id":131568,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":148091,"position":4},"title":"Meghmani Finechem Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"July 22, 2022","format":false,"excerpt":"https:\/\/youtu.be\/XQtFG6HWQB8 Key highlights from Meghmani Finechem Limited (MFL) Q1 FY23 Earnings Concall Management Update: On 18 July MFL commissioned India's largest CPVC resin plant with a production capacity of 30,000 tons per annum. From 3Q23 onwards, MFL expects volume of CPVC to pick up. Q&A Highlights: Deepak Poddar from B&K\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":153751,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-ltd-q1fy24-46-fall-in-revenue\/","url_meta":{"origin":148091,"position":5},"title":"Meghmani Organics Ltd Q1FY24; 46% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Founded in 1986 as M\/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. 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