Risk factor
Resilient to price shocks
Profitability factor
Undervalued vs peers
About
Meghmani Organics Limited, founded in 1986 and headquartered in Ahmedabad, India, operates as a producer and supplier of an extensive range of pigments and agrochemical products, catering to markets both within India and globally. The company's pigment offerings comprise green and blue variants, which are crucial components in the manufacture of printing inks, various paints and coatings, and plastics. Its agrochemical portfolio encompasses numerous insecticides, including cypermethrin, chlorpyriphos, alpha cypermethrin, permethrin, bifenthrin, lambda-cyhalothrin, deltamethrin, profenophos, acetamiprid, emamectin benzoate, and fipronil. Additionally, it provides herbicides such as triclopyr butoxy ethyl ester, 2,4-D acid tech, sodium salt WP/SP, and EsterTech. The firm also produces chemical intermediates like cypermethric acid chloride, meta phenoxy benzaldehyde, meta phenoxy benzyl alcohol, monochloroacetic acid, high trans cypermethric acid chloride, and high cis cypermethric acid chloride. Its specialized technical and formulated products are widely applied in areas such as crop protection, animal health, public sanitation, and wood preservation.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/E