Meghmani Organics Limited (MOL) has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a revenue from operations of ₹484.9 crore for Q3 FY26, marking a 13% decrease compared to the same period in the previous year. EBITDA for the quarter stood at ₹51.5 crore, down from ₹60.4 crore in Q3 FY25. The Crop Protection segment, which constitutes approximately 79% of the company's revenue, reported revenue of ₹382.1 crore and EBITDA of ₹58.3 crore, with an EBITDA margin of 15.3%. Production in this segment was 9,283 MT, with a capacity utilization of 66%. The Pigments segment contributed ₹102.8 crore in revenue and ₹0.7 crore in EBITDA, with an EBITDA margin of 0.7%. Production for pigments was 3,144 MT, with a capacity utilization of 38%. The company attributed the softer demand and impact on revenue and profitability to ongoing uncertainty in US trade policy, which affected export volumes. For the nine-month period ended December 31, 2025 (9M FY26), consolidated revenue from operations increased by 11% to ₹1,700 crore, and EBITDA saw a significant rise of 103% to ₹157 crore. Standalone revenue for 9M FY26 grew by 9% to ₹1,635 crore, with EBITDA increasing by 75% to ₹203 crore. The investor presentation also highlighted MOL's business verticals, including Crop Protection, Pigments, and Crop Nutrition, along with its Titanium Dioxide (TiO2) business through its subsidiary Kilburn Chemicals Limited (KCL). The company emphasized its integrated manufacturing facilities, global footprint, and a diverse product basket. Recent developments include the commissioning of a Nano Urea (Liquid) Fertilizer plant and the accreditation of its Crop Protection segment with Responsible Care® for three years.
