Meghmani Organics Limited (NSE: MOL) shares slid in early trade on Monday after the diversified chemicals maker reported weaker-than-expected third quarter results for fiscal 2026, with revenue and earnings both declining. The stock was trading around \u20b953, down more than 5% in intraday trade, near its 52-week low of about \u20b952.17 and well below its 52-week high near \u20b9106.30.<\/p>\n\n\n\n
Meghmani\u2019s Q3 FY2026 revenue from operations stood at \u20b9484.9 crore, down 13% from \u20b9558.0 crore in the year-ago quarter. EBITDA was \u20b951.5 crore, down about 15% year-on-year, with the EBITDA margin slightly compressing to 10.6% from 10.8% a year earlier. Net profit for the quarter was \u20b922.3 crore, down about 26% from \u20b930.2 crore in Q3 FY25.<\/p>\n\n\n\n
In segmental performance, the crop protection business, which accounts for the bulk of sales, reported revenue of \u20b9382.1 crore and an EBITDA of \u20b958.3 crore, while the pigments division delivered \u20b9102.8 crore in revenue with minimal EBITDA contribution. Capacity utilisation in both key segments was lower year-on-year.<\/p>\n\n\n\n
On a year-to-date basis for the nine months ended December 31, 2025, revenue improved 9% to \u20b91,635.2 crore, and EBITDA jumped 75% to \u20b9202.5 crore. Net profit for 9M FY26 was \u20b9105.7 crore, more than triple the \u20b932.5 crore reported in the same period last year.<\/p>\n\n\n\n
Meghmani Organics\u2019 stock has underperformed this fiscal year, declining over 30% in the past 12 months amidst margin pressures and weaker export demand. The current share price near the lower end of its 52-week range reflects investor concerns over earnings volatility.<\/p>\n\n\n\n
There were no confirmed reports of analyst upgrades, downgrades or price-target revisions linked to today\u2019s announcement as of writing.<\/p>\n\n\n\n
Management noted that softer export volumes and broader trade policy uncertainty in the U.S. weighed on performance, particularly in crop protection and pigment capacities. Cost pressures and subdued realisations in key geographies were cited as near-term headwinds.<\/p>\n","protected":false},"excerpt":{"rendered":"
Meghmani Organics Limited (NSE: MOL) shares slid in early trade on Monday after the diversified chemicals maker reported weaker-than-expected third quarter results for fiscal 2026, with revenue and earnings both declining. The stock was trading around \u20b953, down more than 5% in intraday trade, near its 52-week low of about \u20b952.17 and well below its […]<\/p>\n","protected":false},"author":2384,"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":[1941,392,12],"tags":[8881,8890],"class_list":["post-179097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-other-industries","tag-agricultural-inputs","tag-basic-materials"],"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":179097,"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 "Concall Highlights"","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":179097,"position":1},"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 "AlphaGraphs"","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":162159,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-ltd-q4fy24-29-fall-in-revenue\/","url_meta":{"origin":179097,"position":2},"title":"Meghmani Organics Ltd Q4FY24; 29% fall in Revenue","author":"Chirag Gupta","date":"June 14, 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 "AlphaGraphs"","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\/06\/image-122.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-122.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-122.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-122.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-122.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-122.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153751,"url":"https:\/\/alphastreet.com\/india\/meghmani-organics-ltd-q1fy24-46-fall-in-revenue\/","url_meta":{"origin":179097,"position":3},"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. 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 "AlphaGraphs"","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-1025.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1025.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1025.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1025.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1025.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1025.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":148091,"url":"https:\/\/alphastreet.com\/india\/meghmani-finechem-q4fy23-earnings-story\/","url_meta":{"origin":179097,"position":4},"title":"Meghmani Finechem Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 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 "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1264359239.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180093,"url":"https:\/\/alphastreet.com\/india\/best-agrolife-shares-slide-after-q3-fy26-revenue-drops-loss-narrows-yoy\/","url_meta":{"origin":179097,"position":5},"title":"Best Agrolife Shares Slide After Q3 FY26 Revenue Drops; Loss Narrows YoY","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Stock Movement & Trading Context Best Agrolife Limited (NSE: BESTAGRO) shares fell in intraday trade following its Q3 FY26 earnings announcement, declining alongside broader agrochemical peers. The stock has remained volatile in recent months, tracking uneven demand conditions and weather-led disruptions. It continues to trade well below its 52-week high,\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179097","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\/2384"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179097"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179097\/revisions"}],"predecessor-version":[{"id":179101,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179097\/revisions\/179101"}],"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=179097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}