Company Analysis: Meghmani Organics

Meghmani Organics is one of the key players in Agro chemicals Sector. They are one of the popular pesticides & pigments producer in India. Company has good potential for growth and capable to compete with established giants in this Sector.

Meghmani Organics pricing seems attractive at Rs: 63.85 as on 14th March 2019, matching my investment philosophy. Below are the parameters that suggested that it was time to enter the company.

Meghmani Organics Fundamentals

RatioValue
Market Price as on 14th Mar 201963.85
52 Week High/Low114.40/42.10
Price to Earning6.92
Price to Book1.84
PEG Ratio0.12
Debt to Equity0.44
Change in promoter holding in last one year0.35%

Summary: Market price is closer to its 52 week Low. Price to book value is very attractive. Debt is reasonably low. PE is 3 times lower than its peers from same segment. PEG is less than 1. Promoter holding has increased by a small amount in last one year, but it is definitely a good sign. Company has good consistent profit growth of 57.45% over 5 years.

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