We hereby inform you that the Board of Directors of the Company, at its meeting held today i.e. Friday, May 29, 2026, inter alia, considered and approved the following:a) Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026, as reviewed and recommended by the Audit Committee.b) Pursuant to Regulation 33(3)(d) of the Listing Regulations, we hereby declare that the Statutory Auditors of the Company, NGST & Associates, have issued the Audit Reports with an Unmodified opinion on the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2026.
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Mangalam Organics Limited reported FY26 standalone revenue of Rs 500.85 crore, up 22.2% from Rs 409.85 crore in FY25. Standalone PAT grew 74.6% to Rs 13.27 crore from Rs 7.60 crore. Consolidated revenue was Rs 622.57 crore with PAT of Rs 25.38 crore, up 103% YoY. Key events include a fire incident at the camphor division in July 2025 and reversal of Rs 20.17 crore insurance claim income in Q4 as insurers have not confirmed settlement. Additionally, Rs 5.50 crore in inter-corporate loans to wholly-owned subsidiaries (Mangalam Pooja Stores Rs 5.07 crore + Mangalam Speciality Chemicals Rs 0.43 crore) were written off as bad debts due to non-operational status. Auditors NGST & Associates issued an unmodified opinion. EPS improved to Rs 29.64 (consolidated) from Rs 14.60.
Strong PAT growth of 74-103% YoY is positive but the fire incident, insurance claim uncertainty, and subsidiary loan write-offs signal operational risks. The Rs 5.50 crore write-off reduces standalone profitability. Investors should monitor insurance claim recovery and subsidiary restructuring plans.