MANGALAM ORGANICS Q2 FY19 RESULTS

MANGALAM ORGANIC DECLEARED GOOD SETS OF NUMBERS.

YoY & QoQ

REVENUE – 109.09cr vs 87.70cr vs 71.15cr

PAT – 18.57cr vs 12.07cr vs 5.12cr

EPS- 21.69 vs 14.10 vs 5.66

FY18 EPS WAS – 15.82

HALF YEARLY EPS – 35.78 vs Full year EPS of 15.82.

REVENUE UP 53%,NET PROFITS UP 262% & EBIDTA UP 210% IN SEPTEMBER 2018 QTR COMPARED TO SEPTEMBER 2017.

4 thoughts on “MANGALAM ORGANICS Q2 FY19 RESULTS

  1. What is the view for Kanchi Kaproom, Manglam Org. and Tanfac should we buy at current level, and what is the support level. Can you reply me.

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    1. Fundamental View is Positive for next few months. But Midcap small cap index should support which is not likely for next 4 months. Support and Resistance works Best for Frontline stock and not for Smallcap

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    2. MANGALAM ORGANIC IS BUY & AVAILABLE AT GOOD DISCOUNT TO ALL TIME HIGH OF 575
      IT SEEMS 280-320 GOOD ZONE TO ADD BUT 240-250 CANT BE RULLED OUT IF 300 IS BROKEN.
      KANCHI & TANFAC ONE SHOULD AVOID IN CURRENT SITIATION.

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  2. Sir. I have a serious doubt? Is mangalam organic s expanding its capacity x 2. We already know that Kanchi KARPOORAM is expanding its capacity x3 . Will we see a demand supply mismatch that’s present now going against the companies after expansion.?

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