The Board of Directors at its meeting held today, i.e. May 29, 2026, has considered and approve the Standalone and Consolidated Audited Financial Results for the quarter and year ended ....
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Mangalam Organics reported strong FY26 results with standalone revenue growing 22% to Rs 500.85 crore from Rs 409.85 crore. Consolidated revenue rose 17.5% to Rs 622.57 crore. Standalone PAT jumped 74.6% to Rs 13.27 crore, while consolidated PAT more than doubled to Rs 25.38 crore. EPS improved significantly from Rs 8.87 to Rs 15.50 (standalone) and Rs 14.60 to Rs 29.64 (consolidated). Key headwinds include a fire incident at the camphor division in July 2025, a Rs 20.17 crore insurance claim that was reversed per prudence norms, and Rs 5.50 crore write-off of inter-corporate loans to wholly-owned subsidiaries (Mangalam Pooja Stores and Mangalam Speciality Chemicals). An exceptional loss of Rs 350.60 lakh was also recorded. The statutory auditors NGST & Associates issued an unmodified (clean) opinion on both standalone and consolidated results.
Despite operational disruptions from the fire incident and significant one-time write-offs, the company delivered robust double-digit revenue growth and near-doubling of profitability on consolidated basis. The clean audit opinion and improved cash flows from operations (Rs 91.53 lakh positive vs negative Rs 784.42 lakh in FY25) are positive signals. However, the insurance claim uncertainty and subsidiary loan write-offs warrant monitoring.