Mangalam Organics Ltd

IEPF transfer reminder

• Unclaimed dividends for FY2018-19 to FY2021-22 may transfer to IEPF on 5 October 2026.
• Claim by 18 September 2026 to avoid transfer of shares to IEPF.
• Reminders issued by MUFG Intime India Private Limited, Mangalam's Registrar and Transfer Agent.
• Physical-share documents required: signed request letter, self-attested PAN, address proof, and cancelled cheque.
• Electronic shares require self-attested signatures of all holders and a CML from the depository participant.
• For physical shares, ISR-1 and ISR-2 forms; ISR-3/SH13 if KYC not registered.
• Amounts for 2018-2019 to 2021-22 are listed without disclosed values.
• IEPF transfer applies to unclaimed dividends after seven years.

Business overview

• Core business: Bhimseni camphor with B2B terpene and B2C CamPure retail segments.
• Strategy focus: expand product portfolio, distribution network, and international e-commerce reach.

Operational highlights

• Q1 FY27 revenue Rs 179.09 Cr, up 22.2% YoY.
• Q1 FY27 EBITDA Rs 22.21 Cr; EBITDA margin 12.4%.
• Q1 FY27 PBT Rs 8.70 Cr; PAT Rs 7.27 Cr.
• FY26 revenue Rs 622.57 Cr; PAT Rs 25.38 Cr; EBITDA Rs 87.82 Cr.
• Expansion into USA and UK markets; 190 salespeople; 14-state plan.
• B2C growth via CamPure and e-commerce channels (Amazon, BigBasket, Jiomart, Flipkart).

Financial performance

• FY26 revenue grew 17.5% YoY; GP margin 47.3%.
• Consolidated Q1 FY27 revenue Rs 179.09 Cr; PAT Rs 7.27 Cr.
• GP margin Q1 FY27: 42.5%; EBITDA margin: 12.4%.
• PBT Rs 8.70 Cr; tax Rs 1.43 Cr; EPS Rs 8.49.
• FY26 audited: revenue Rs 622.57 Cr; PAT Rs 25.38 Cr.

Capital structure & liquidity

• Total equity Rs 319 Cr; borrowings Rs 356 Cr (current Rs 301 Cr, non-current Rs 55 Cr).
• Cash and cash equivalents Rs 1 Cr.
• Net cash from operating activities Rs 0.91 Cr; investing Rs -60.05 Cr.
• Net cash from financing activities Rs 59.78 Cr; net change in cash Rs 0.65 Cr.

Strategic priorities & outlook

• Expanding product portfolio and retail channels to grow market share.
• Aiming to strengthen margins via efficiency gains and input-cost management.
• Geographic expansion to 14 states; export opportunities and e-commerce growth.
• USA and UK market entry ongoing; CamPure brand strengthening.
• Mangalam Brands Private Limited operations reinforce retail channel strategy.

Risks & mitigation

• Macro economic, competition, and execution risks highlighted for forward-looking statements.
• Mitigation: efficiency gains and margin discipline; diversification reduces concentration risk.

Governance & leadership

• Board includes independent directors; CEO Sanjay Bhardwaj and CFO Manoj Mhapadi.
• Chief Strategy Officer Akshay Dujodwala appointed to lead Retail Sales and Marketing.
• Mangalam Brands Private Limited operations data provided for Q1 FY27.

Financial results

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved; reviewed by Audit Committee.

AGM schedule and related dates

• 44th AGM on 24 September 2026 at 3:00 PM IST via VC/OAVM.
• Book closure from 17 to 24 September 2026.
• Cut-off date for voting: 16 September 2026.
• Remote e-voting: 21–23 September 2026; MUFG Intime India Pvt. Ltd. for InstaVote.

Auditors and board approvals

• Draft Board's Report for year ended March 31, 2026 approved.
• Appointment of M/s JMT & Associates as Statutory Auditors for five years (44th-49th AGM), subject to shareholders' approval.
• NGST & Associates' term ends at the 44th AGM.

Auditor remarks and segment note

• Independent Auditor's Review Reports on standalone and consolidated results show unmodified opinions.
• Segment reporting is not applicable; Chemicals is the only reportable segment.

Dematerialisation status

• Dematerialisation requests for quarter ended 30 June 2026 were processed and listed on the exchanges.
• Physical security certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depositories' names were substituted as registered owner in the records within prescribed timelines.
• Securities dematerialised were listed on the stock exchanges where the earlier issued securities are listed.

Mangalam Organics – rating action

• CRISIL upgrades long-term rating to BBB+/Stable; removes Rating Watch with Developing Implications.
• Short-term rating reaffirmed at A2; watch status removed; outlook Stable.
• Bank facilities rated Rs 397 crore across cash credits, LCs, and term loans.

Mangalam Brands Private Limited – new rating

• CRISIL assigns long-term BBB+/Stable rating to bank facilities totaling Rs 80 crore.
• Rating letter valid through June 29, 2027.

CFO appointment and KMP authorization

• Shri Shrirang Rajule retires as Chief Financial Officer.
• Mr. Manoj Mhapadi appointed Chief Financial Officer, effective July 1, 2026.
• Authorized signatories under Regulation 30(5) revised to include Chairman Kamalkumar Dujodwala.
• Managing Director Pannkaj Dujodwala, CFO Manoj Mhapadi, and Company Secretary Charmi Shah named as KMP.