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Incorporated in 1986, Manali Petrochemicals Limited manufactures and sells Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Located in Chennai, the company is the only domestic manufacturer of Propylene Glycol. Also, it is the first and largest Indian manufacturer of Propylene Oxide which is the input material for the aforesaid derivative products.
Manali Petrochemicals has announced its 40th Annual General Meeting will be held online. The company is facilitating access to the FY 2025-26 Annual Report, including providing a weblink to shareholders without registered email addresses.
Manali Petrochemicals (MPL) posted consolidated income of Rs. 288.49 Cr and PAT of Rs. 64.36 Cr for the quarter. Profitability significantly improved driven by enhanced realizations, cost management, and operational efficiency, despite market volatility.
Board approved Q1 FY27 financial results. The 40th Annual General Meeting is set for September 28. A Rs. 0.50/share dividend was proposed, subject to shareholder approval. Record date for dividend is September 21.
Manali Petrochemicals' board approved financial results for the quarter. An AGM is scheduled, where a Rs. 0.50 per share dividend (10%) is up for shareholder approval. A new Cost Auditor was also appointed for FY27.
Manali Petrochemicals' Plant 1 operations have fully resumed after maintenance. The company confirms the temporary shutdown had no material adverse impact on overall operations, signalling stability.