Mangalam Organics Limited (MANORG) - Net Assets
Based on the latest financial reports, Mangalam Organics Limited (MANORG) has net assets worth Rs3.09 Billion INR (≈ $33.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.29 Billion ≈ $78.87 Million USD) and total liabilities (Rs4.21 Billion ≈ $45.49 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Mangalam Organics Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.09 Billion |
| % of Total Assets | 42.32% |
| Annual Growth Rate | 16.48% |
| 5-Year Change | 16.5% |
| 10-Year Change | 596.19% |
| Growth Volatility | 26.66 |
Mangalam Organics Limited - Net Assets Trend (2009–2025)
This chart illustrates how Mangalam Organics Limited's net assets have evolved over time, based on quarterly financial data. Also explore Mangalam Organics Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for Mangalam Organics Limited (2009–2025)
The table below shows the annual net assets of Mangalam Organics Limited from 2009 to 2025. For live valuation and market cap data, see MANORG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.93 Billion ≈ $31.71 Million |
+4.50% |
| 2024-03-31 | Rs2.81 Billion ≈ $30.35 Million |
+1.76% |
| 2023-03-31 | Rs2.76 Billion ≈ $29.82 Million |
-9.31% |
| 2022-03-31 | Rs3.04 Billion ≈ $32.88 Million |
+20.82% |
| 2021-03-31 | Rs2.52 Billion ≈ $27.22 Million |
+49.90% |
| 2020-03-31 | Rs1.68 Billion ≈ $18.16 Million |
+38.36% |
| 2019-03-31 | Rs1.21 Billion ≈ $13.12 Million |
+98.24% |
| 2018-03-31 | Rs612.12 Million ≈ $6.62 Million |
+30.55% |
| 2017-03-31 | Rs468.89 Million ≈ $5.07 Million |
+11.33% |
| 2016-03-31 | Rs421.16 Million ≈ $4.55 Million |
-19.71% |
| 2015-03-31 | Rs524.57 Million ≈ $5.67 Million |
+2.86% |
| 2014-03-31 | Rs509.98 Million ≈ $5.52 Million |
+10.35% |
| 2013-03-31 | Rs462.14 Million ≈ $5.00 Million |
+5.67% |
| 2012-03-31 | Rs437.34 Million ≈ $4.73 Million |
+7.22% |
| 2011-03-31 | Rs407.90 Million ≈ $4.41 Million |
+25.27% |
| 2010-03-31 | Rs325.63 Million ≈ $3.52 Million |
+27.57% |
| 2009-03-31 | Rs255.26 Million ≈ $2.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mangalam Organics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3111.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.83 Billion | 96.55% |
| Common Stock | Rs85.64 Million | 2.92% |
| Other Comprehensive Income | Rs15.49 Million | 0.53% |
| Total Equity | Rs2.93 Billion | 100.00% |
Mangalam Organics Limited Competitors by Market Cap
The table below lists competitors of Mangalam Organics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Johnson Matthey PLC
LSE:JMAT
|
$42.28 Million |
|
Gigas Hosting S.A
MC:GIGA
|
$42.29 Million |
|
Orient Paper & Industries Limited
NSE:ORIENTPPR
|
$42.29 Million |
|
Vate Technology Co Ltd
TWO:5344
|
$42.30 Million |
|
Grupo Concesionario del Oeste SA
BA:OEST
|
$42.26 Million |
|
NAXS Nordic Access Buyout Fund AB
ST:NAXS
|
$42.26 Million |
|
Unique Optical Industrial Co Ltd
TWO:3441
|
$42.26 Million |
|
Lion One Metals Limited
V:LIO
|
$42.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mangalam Organics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,807,062,344 to 2,932,104,000, a change of 125,041,656 (4.5%).
- Net income of 125,972,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 163.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs125.97 Million | +4.3% |
| Other Comprehensive Income | Rs163.00 | +0.0% |
| Other Changes | Rs-930.51K | -0.03% |
| Total Change | Rs- | 4.45% |
Book Value vs Market Value Analysis
This analysis compares Mangalam Organics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.42x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs29.61 | Rs456.45 | x |
| 2010-03-31 | Rs36.98 | Rs456.45 | x |
| 2011-03-31 | Rs38.61 | Rs456.45 | x |
| 2012-03-31 | Rs41.40 | Rs456.45 | x |
| 2013-03-31 | Rs51.05 | Rs456.45 | x |
| 2014-03-31 | Rs56.33 | Rs456.45 | x |
| 2015-03-31 | Rs57.95 | Rs456.45 | x |
| 2016-03-31 | Rs46.52 | Rs456.45 | x |
| 2017-03-31 | Rs51.80 | Rs456.45 | x |
| 2018-03-31 | Rs67.62 | Rs456.45 | x |
| 2019-03-31 | Rs140.87 | Rs456.45 | x |
| 2020-03-31 | Rs196.04 | Rs456.45 | x |
| 2021-03-31 | Rs293.86 | Rs456.45 | x |
| 2022-03-31 | Rs355.04 | Rs456.45 | x |
| 2023-03-31 | Rs321.97 | Rs456.45 | x |
| 2024-03-31 | Rs327.76 | Rs456.45 | x |
| 2025-03-31 | Rs342.66 | Rs456.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mangalam Organics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.38%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.13x
- Recent ROE (4.30%) is below the historical average (13.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.17% | 0.49% | 1.59x | 2.78x | Rs-19.98 Million |
| 2010 | 22.15% | 4.94% | 1.72x | 2.60x | Rs39.55 Million |
| 2011 | 23.65% | 5.06% | 1.34x | 3.49x | Rs55.68 Million |
| 2012 | 7.66% | 1.52% | 1.51x | 3.33x | Rs-10.24 Million |
| 2013 | 7.52% | 1.66% | 1.49x | 3.04x | Rs-11.46 Million |
| 2014 | 9.38% | 2.07% | 1.47x | 3.10x | Rs-3.16 Million |
| 2015 | 8.01% | 1.76% | 1.44x | 3.16x | Rs-10.45 Million |
| 2016 | -24.55% | -6.13% | 1.18x | 3.40x | Rs-145.53 Million |
| 2017 | 10.31% | 2.72% | 1.42x | 2.67x | Rs1.45 Million |
| 2018 | 23.62% | 5.97% | 1.87x | 2.11x | Rs83.34 Million |
| 2019 | 59.88% | 17.11% | 2.20x | 1.59x | Rs605.23 Million |
| 2020 | 28.55% | 12.80% | 1.74x | 1.28x | Rs311.47 Million |
| 2021 | 33.69% | 25.06% | 1.09x | 1.24x | Rs596.12 Million |
| 2022 | 17.67% | 10.95% | 0.88x | 1.84x | Rs233.36 Million |
| 2023 | -9.87% | -5.53% | 0.97x | 1.83x | Rs-548.00 Million |
| 2024 | 1.53% | 0.87% | 1.02x | 1.73x | Rs-237.84 Million |
| 2025 | 4.30% | 2.38% | 0.85x | 2.13x | Rs-167.24 Million |
Industry Comparison
This section compares Mangalam Organics Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $8,083,043,484
- Average return on equity (ROE) among peers: 14.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mangalam Organics Limited (MANORG) | Rs3.09 Billion | 2.17% | 1.36x | $42.28 Million |
| Aarti Industries Limited (AARTIIND) | $49.21 Billion | 11.08% | 0.74x | $1.99 Billion |
| Aarti Surfactants Limited (AARTISURF) | $1.11 Billion | 1.88% | 1.36x | $37.34 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $4.23 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $1.66 Billion | 30.02% | 1.39x | $420.87 Million |
| Aether Industries Limited (AETHER) | $12.45 Billion | 10.48% | 0.11x | $1.68 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $11.05 Billion | 19.80% | 1.09x | $1.45 Billion |
| Alkali Metals Limited (ALKALI) | $658.97 Million | 9.93% | 0.56x | $7.38 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $1.16 Billion | 20.83% | 1.93x | $838.56 Million |
| Ami Organics Limited (AMIORG) | $822.19 Million | 28.33% | 1.59x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $1.65 Billion |
About Mangalam Organics Limited
Mangalam Organics Limited, together with its subsidiaries, manufactures and sells chemicals for the industrial and consumer markets in India and internationally. The company offers terpene products, including camphor, camphene, dipentene, isobornyl acetate, isoborneol, isoborneol flakes, sodium acetate trihydrate, terpineol, camphor oil, and pine tar; and resin products, such as terpene and alkyl… Read more