Mangalam Organics share price, P/E, ROE & financials

On 6 Nov 2026, Mangalam Organics was priced at ₹438.05, or 18.4× trailing earnings, against an industry P/E of 22.1×, and the shares are 31% below their 52-week high. It earns ROCE of 16% and ROE of 8.4%, and sales grew 8.1% a year over 3 years. Debt is 1.13× equity. It is a small-cap company with a market cap of ₹375 Cr, ranked 109th of 204 Specialty Chemicals companies by market cap; the shares fell 13% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹441.50
Day high: ₹445.55
Day low: ₹432.00
Prev. close: ₹445.15
Volume: 2.6K

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−13.3% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 18.4 vs industry 22.1.
GrowthSteady
Sales +8.1% a year over 3 years.
ProfitabilityWeak
ROCE 15.7% vs peer median 24.4%.
Balance sheetFair
Debt 1.13× equity, interest covered 3.2×.
Red flags2 to check
Quarterly profit down 40.6% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹375 Cr, #109 of 204 in its industry by size.

Defensive

Beta 0.60 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹655 Cr · profit ₹21 Cr

Market cap: ₹375 Cr; Small cap
P/E: 18.4; Industry 22.1
Price to book: 1.25; Peers 13.33
Dividend yield: 0.00%
ROE: 8.4%; Peers 23.0%
ROCE: 15.7%; Peers 24.4%
Debt to equity: 1.13; Debt ₹359 Cr
EPS (TTM): ₹23.87; Face value ₹10
OPM (TTM): 10.5%; Net margin 3.2%
Sales growth: +22.2%; Latest quarter vs a year ago
Profit growth: −40.6%; Latest quarter vs a year ago
Price to sales: 0.57; EV/EBITDA 8.2

Strengths

Quarterly sales up 22.2% on a year ago.

Risks to check

Quarterly profit down 40.6% on a year ago.
31% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Mangalam Organics

Mangalam Organics Limited, together with its subsidiaries, manufactures and sells chemicals for the industrial and consumer markets in India and internationally. The company offers terpene products, including camphor, camphene, dipentene, isobornyl acetate, isoborneol, isoborneol flakes, sodium acetate trihydrate, terpineol, camphor oil, and pine tar; and resin products, such as terpene and alkyl phenolic resins, penta and glycerol modified ester gums,…

Headquarters: Mumbai
Employees: 347
Sector: Basic Materials
ISIN: INE370D01013
Website: mangalamorganics.com

Price range

52 weeks

₹356.25₹635.00

Today

₹432.00₹445.55

Avg volume (3M): 10.8K
1-year return: minus 13.3%
From 52-week high: minus 31.0%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	15.3%	0.15	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.1%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
MANORGMangalam Organics	438.05	minus 1.59%	375	18.4	–	–	13.5%	1.13	–	minus 13.3%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.1%	0.21	5.8%	6.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
147	158	164	154	179
125	158	145	127	157
21.6	0.3	19.3	26.8	22.2
14.7%	0.2%	11.7%	17.5%	12.4%
4	20.5	0	0	0.1
5.7	7	8.1	7.4	7.4
5.2	6.1	5.8	10.5	6.2
–	−3.5	–	–	–
14.7	4.2	5.5	9	8.7
16.7%	23.2%	20.9%	33.2%	16.5%
12.2	3.2	4.3	6	7.3
14.28	3.75	5.07	6.56	8.49

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +8.1%
ROE: 8.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
493	494	530	623
–	+0.2%	+7.4%	+17.5%
494	455	472	534
−1.9	38.7	57.9	88.2
−0.4%	7.8%	10.9%	14.2%
−1.3	0.4	0	16.9
13	15.2	20.5	27.3
17.5	19.8	20.8	27.6
−0	−0	−0	−16.9
−33.8	4	16.6	33.3
19.4%	−7.5%	24.2%	22.7%
−27.2	4.4	12.6	25.8
–	–	+185.9%	+104.5%
-31.79	5.14	14.60	29.64

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
8.6	8.6	8.6	8.6
267	272	285	310
190	173	272	359
39.8	31.2	58.2	61.8
506	485	624	740
229	249	295	328
1.4	4.7	26.1	–
0.3	0.3	0.3	0.3
1.3	2	0.8	2.5
274	229	301	409
506	485	624	740

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
76.9	73.2	−7.8	0.9
−40.8	−39.5	−67	−60.1
−35.6	−33	73.6	59.8
0.6	0.7	−1.3	0.7
−40.8	−40	−67.3	−63.5
36.2	33.2	−75.1	−62.6
−1.3	–	–	–

Shareholding pattern

Source: NSE filings

58.6%

promoters

Promoters58.65%
Public41.35%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	58.65%	41.35%	0.00
30 Jun 2026	58.65%	41.35%	0.00
31 Mar 2026	58.65%	41.35%	0.00
31 Dec 2025	58.65%	41.35%	0.00
30 Sep 2025	58.65%	41.35%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you