About
Manali Petrochemicals Limited manufactures and sells petrochemical products in India, the European Union and United Kingdom, and internationally. The company provides propylene glycol, polyether polyol, and related products; and flexible slabstock, flexible cold cure, rigid, and elastomers used for various applications in automobile, refrigeration and temperature control, adhesive, sealant, coating, furniture, and textile industries, as well as propylene oxide, an input material for the derivative products. It also, provides propylene glycol for use in pharmaceuticals, food, flavor, and fragrance industries; and for production of polymer resins, carbonless paper, and automobile consumables, such as brake fluids and anti-freeze liquids. In addition, it offers propylene glycol mono methyl ether, a solvent used in paints and coatings, and electronics industries. Further, the company provides neuthane polyurethane cast elastomers for use in anti-roll bars, limit or bump stops, material handling applications, rollers, harvester components, and idler wheels on track laying tractors, as well as suspensions and shock bushes in buses, trucks, and other high-performance vehicles. Additionally, it is involved in the trading, transaction facilitation, and business and project consultancy businesses. Manali Petrochemicals Limited was incorporated in 1986 and is based in Chennai, India.
Key Metrics
as of Sep 2026Market Cap1,496 Cr
P/E12.60
Div Yield0.58 %
Book Value₹74.50
52w High₹90.90
52w Low₹39.10
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 275.00 | 293.00 | 247.00 | 248.00 | 235.00 | 230.00 | 196.00 | 230.00 | 240.00 | 256.00 | 205.00 | 270.00 | 301.00 |
| Expenses | 192.00 | 268.00 | 233.00 | 228.00 | 212.00 | 209.00 | 183.00 | 226.00 | 220.00 | 239.00 | 200.00 | 255.00 | 294.00 |
| Operating Profit | 83.00 | 25.00 | 14.00 | 20.00 | 23.00 | 21.00 | 13.00 | 4.00 | 21.00 | 17.00 | 5.00 | 15.00 | 8.00 |
| OPM % | 30.00 | 9.00 | 6.00 | 8.00 | 10.00 | 9.00 | 6.00 | 1.70 | 9.00 | 7.00 | 2.50 | 5.00 | 2.50 |
| Other Income | 14.00 | 25.00 | 71.00 | 12.00 | 8.00 | 5.00 | 4.00 | 6.00 | 6.00 | 1.00 | 8.00 | 9.00 | 7.00 |
| Depreciation | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 |
| Interest | 3.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 85.00 | 37.00 | 72.00 | 21.00 | 20.00 | 16.00 | 8.00 | 1.00 | 18.00 | 8.00 | 5.00 | 15.00 | 6.00 |
| Tax % | 24.00 | 22.00 | 6.00 | 14.00 | 28.00 | 32.00 | 31.00 | 64.00 | 27.00 | 84.00 | 35.00 | 27.00 | 30.00 |
| Net Profit | 64.00 | 29.00 | 68.00 | 18.00 | 14.00 | 11.00 | 5.00 | 0.00 | 13.00 | 1.00 | 3.00 | 11.00 | 4.00 |
| EPS in Rs | 3.74 | 1.69 | 3.98 | 1.06 | 0.83 | 0.63 | 0.31 | 0.01 | 0.76 | 0.08 | 0.17 | 0.63 | 0.24 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,022.00 | 897.00 | 1,032.00 | 1,181.00 | 1,672.00 | 1,024.00 | 803.00 | 810.00 | 748.00 | 626.00 | 579.00 |
| Expenses | 940.00 | 839.00 | 985.00 | 1,103.00 | 1,143.00 | 723.00 | 733.00 | 710.00 | 651.00 | 574.00 | 511.00 |
| Operating Profit | 82.00 | 58.00 | 47.00 | 79.00 | 529.00 | 302.00 | 70.00 | 100.00 | 97.00 | 52.00 | 68.00 |
| OPM % | 8.00 | 7.00 | 4.50 | 7.00 | 32.00 | 29.00 | 9.00 | 12.00 | 13.00 | 8.00 | 12.00 |
| Other Income | 116.00 | 21.00 | 21.00 | 24.00 | 11.00 | -8.00 | 5.00 | 27.00 | 3.00 | 18.00 | 9.00 |
| Interest | 14.00 | 10.00 | 10.00 | 9.00 | 9.00 | 5.00 | 6.00 | 2.00 | 3.00 | 2.00 | 3.00 |
| Depreciation | 34.00 | 27.00 | 25.00 | 23.00 | 20.00 | 21.00 | 14.00 | 11.00 | 9.00 | 8.00 | 6.00 |
| Profit before tax | 150.00 | 42.00 | 33.00 | 70.00 | 511.00 | 268.00 | 54.00 | 113.00 | 88.00 | 60.00 | 69.00 |
| Tax % | 14.00 | 30.00 | 42.00 | 28.00 | 25.00 | 25.00 | 14.00 | 33.00 | 34.00 | 37.00 | 31.00 |
| Net Profit | 130.00 | 29.00 | 19.00 | 51.00 | 381.00 | 201.00 | 47.00 | 77.00 | 58.00 | 38.00 | 48.00 |
| EPS in Rs | 7.56 | 1.70 | 1.12 | 2.95 | 22.16 | 11.70 | 2.71 | 4.45 | 3.37 | 2.20 | 2.79 |
| Dividend Payout % | 7.00 | 29.00 | 67.00 | 25.00 | 11.00 | 13.00 | 28.00 | 17.00 | 15.00 | 23.00 | 18.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 | 86.00 |
| Reserves | 1,195.00 | 1,008.00 | 976.00 | 958.00 | 944.00 | 594.00 | 395.00 | 369.00 | 306.00 | 225.00 | 196.00 |
| Borrowings | 137.00 | 129.00 | 103.00 | 7.00 | 19.00 | 14.00 | 26.00 | 34.00 | 23.00 | 26.00 | 2.00 |
| Other Liabilities | 177.00 | 179.00 | 144.00 | 223.00 | 241.00 | 198.00 | 153.00 | 165.00 | 141.00 | 195.00 | 215.00 |
| Total Liabilities | 1,596.00 | 1,403.00 | 1,308.00 | 1,274.00 | 1,290.00 | 892.00 | 660.00 | 654.00 | 556.00 | 532.00 | 499.00 |
| Fixed Assets | 568.00 | 596.00 | 559.00 | 552.00 | 343.00 | 292.00 | 302.00 | 283.00 | 273.00 | 206.00 | 105.00 |
| CWIP | 39.00 | 61.00 | 17.00 | 23.00 | 14.00 | 28.00 | 26.00 | 6.00 | 12.00 | 28.00 | 16.00 |
| Investments | 6.00 | 15.00 | 29.00 | 0.00 | 0.00 | 0.00 | 41.00 | 0.00 | 57.00 | 16.00 | 69.00 |
| Other Assets | 983.00 | 731.00 | 704.00 | 700.00 | 933.00 | 572.00 | 291.00 | 364.00 | 214.00 | 282.00 | 310.00 |
| Total Assets | 1,596.00 | 1,403.00 | 1,308.00 | 1,274.00 | 1,290.00 | 892.00 | 660.00 | 654.00 | 556.00 | 532.00 | 499.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 116.00 | -19.00 | 75.00 | 92.00 | 373.00 | 219.00 | 87.00 | 13.00 | 58.00 | 87.00 | -6.00 |
| Cash from Investing Activity | 75.00 | -155.00 | -82.00 | -261.00 | -16.00 | -4.00 | -18.00 | -20.00 | -8.00 | -133.00 | -7.00 |
| Cash from Financing Activity | -9.00 | 0.00 | -7.00 | -64.00 | -26.00 | -28.00 | -29.00 | -2.00 | -17.00 | 6.00 | -11.00 |
| Net Cash Flow | 182.00 | -174.00 | -14.00 | -233.00 | 331.00 | 186.00 | 41.00 | -9.00 | 33.00 | -39.00 | -24.00 |
| Free Cash Flow | 49.00 | -120.00 | 50.00 | 47.00 | 346.00 | 194.00 | 58.00 | -6.00 | 26.00 | -36.00 | -22.00 |
| CFO/OP % | 158.00 | 6.00 | 170.00 | 149.00 | 95.00 | 95.00 | 144.00 | 44.00 | 86.00 | 194.00 | 36.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.00 | 48.00 | 43.00 | 49.00 | 35.00 | 61.00 | 49.00 | 51.00 | 49.00 | 48.00 | 57.00 |
| Inventory Days | 82.00 | 123.00 | 55.00 | 47.00 | 35.00 | 47.00 | 58.00 | 81.00 | 53.00 | 101.00 | 96.00 |
| Days Payable | 60.00 | 62.00 | 31.00 | 28.00 | 38.00 | 54.00 | 36.00 | 64.00 | 47.00 | 109.00 | 124.00 |
| Cash Conversion Cycle | 82.00 | 108.00 | 67.00 | 68.00 | 32.00 | 54.00 | 71.00 | 68.00 | 55.00 | 39.00 | 29.00 |
| Working Capital Days | 49.00 | 61.00 | 32.00 | 44.00 | 23.00 | 33.00 | 38.00 | 50.00 | 21.00 | 16.00 | 43.00 |
| ROCE % | 7.00 | 5.00 | 5.00 | 8.00 | 60.00 | 49.00 | 14.00 | 22.00 | 24.00 | 20.00 | — |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 08 Sep 2025 | 09 Sep 2025 | — | 0.50 | |
| Dividend | 10 Sep 2024 | — | — | 0.75 | |
| Dividend | 15 Sep 2023 | — | — | 0.75 | |
| Dividend | 15 Sep 2022 | — | — | 2.50 | |
| Dividend | 02 Sep 2021 | — | — | 1.50 | |
| Dividend | 03 Sep 2020 | — | — | 0.75 | |
| Dividend | 30 Jul 2019 | — | — | 0.75 | |
| Dividend | 27 Jul 2018 | — | — | 0.50 | |
| Dividend | 06 Jul 2017 | — | — | 0.50 | |
| Dividend | 08 Sep 2016 | — | — | 0.50 | |
| Dividend | 10 Sep 2015 | — | — | 0.50 | |
| Dividend | 31 Jul 2014 | — | — | 0.50 | |
| Dividend | 18 Jul 2013 | — | — | 0.50 | |
| Other | 18 Jul 2013 | — | — | — | Annual General Meeting And Dividend Re.0.50 Per Equity Share |
| Dividend | 19 Jul 2012 | — | — | 0.60 | |
| Dividend | 15 Jul 2011 | — | — | 0.50 | |
| Dividend | 13 Sep 2010 | — | — | 0.38 | NSE/BSE dividend mismatch: NSE=0.375; BSE=0.37 |
| Dividend | 13 Sep 2010 | — | — | 0.37 | NSE/BSE dividend mismatch: NSE=0.375; BSE=0.37 |
| Dividend | 13 Sep 2010 | — | — | 0.38 | NSE/BSE dividend mismatch: NSE=0.375; BSE=0.37 |
| Dividend | 08 Sep 2009 | — | — | 0.25 | |
| Dividend | 08 Sep 2008 | — | — | 0.50 | |
| Dividend | 14 Aug 2007 | — | — | 0.50 | |
| Other | 28 Sep 2006 | 06 Oct 2006 | — | — | Reduction of Capital |
| Other | 28 Sep 2006 | 06 Oct 2006 | — | — | Consolidation of Shares |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update4 Mar from care
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Rating update28 Oct 2025 from care
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Rating update26 Dec 2024 from care
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Rating update17 Nov 2023 from care
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Rating update8 Dec 2022 from care
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Rating update5 Sep 2022 from care