Mangalam Organics Limited has informed the Exchange about change in Management
MANORG · price
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Mangalam Organics' board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited standalone and consolidated financial results. Standalone revenue from operations rose to Rs. 11,362.72 lakhs from Rs. 10,396.66 lakhs a year ago, and profit before tax jumped to Rs. 824.12 lakhs from Rs. 307.80 lakhs, with EPS at Rs. 8.08 versus Rs. 2.40 earlier. The board re-appointed promoter brothers Mr. Pannkaj Dujodwala as Managing Director and Mr. Kamalkumar Dujodwala as Chairman & Executive Director for a further 5 years, and re-appointed Mrs. Manisha Agarwal as an Independent Woman Director for a second 5-year term, all subject to shareholder approval at the AGM on September 16, 2025. It also appointed new Internal, Cost, and Secretarial Auditors for FY 2025-26. Importantly, the company disclosed a major fire incident at its Camphor Plant on July 16, 2025, with the financial impact still being assessed.
Strong Q1 numbers (revenue up ~9% YoY, profit before tax up ~168% YoY) are positive, but the fire at the Camphor Plant on July 16, 2025 — a key production facility — introduces near-term uncertainty. Management states assets and stocks are fully insured (including a loss-of-profit policy) and production is being ramped up via Camphor Plant-II, but the actual financial hit will only be known after the surveyor's assessment. The re-appointments of the promoter brothers confirm leadership continuity, which is reassuring for shareholders, while the AGM on September 16, 2025 is the next key date to watch for further clarity on the fire's impact.