Mangalam Organics Limited — Important, 08-02-2025: General Updates

**Financial Highlights:** Mangalam Organics Limited reported revenues of ₹493.52 Cr for FY24, slightly up by 0.20% compared to FY23. Profit After Tax (PAT) saw a significant increase of 115.54%, amounting to ₹4.21 Cr, driven by a decrease in input costs. EBITDA grew substantially to ₹38.67 Cr, reflecting a margin of 7.84%.

**Strategic Initiatives and Growth Drivers:** The company is focused on enhancing operational efficiencies and improving margins, alongside efforts to diversify its product lineup and expand its geographical reach.

**Business Developments:** In Q3 FY25, revenues rose by 12.03% year-over-year to ₹123.92 Cr, while PAT surged to ₹3.64 Cr, marking a growth of 304.40%. The significant increase in profitability can be attributed to further reductions in input costs.

**Market Position and Competitive Advantage:** Mangalam Organics has established a strong foothold in the terpene and synthetic resin sectors, benefiting from a well-diversified product portfolio and a commitment to quality that differentiates it from competitors.

**Investor Implications:** Given the robust growth in profit margins and ongoing initiatives to expand and innovate, there’s a positive outlook for the company moving forward. Investors should watch for continued operational improvements and potential market share gains in both B2B and B2C segments.