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#mangalamorganics
YTD EPS vaulted to 66. Q3 EPS is double of last FY EPS. It's even better if we consider the numbers are after adjustment of exceptional loss of 5.6 crs for the qtr.
Normalised for exceptional items Q2 EPS is at 16.54 vs Q3 EPS of 37.21, more than doubled.
YTD EPS vaulted to 66. Q3 EPS is double of last FY EPS. It's even better if we consider the numbers are after adjustment of exceptional loss of 5.6 crs for the qtr.
Normalised for exceptional items Q2 EPS is at 16.54 vs Q3 EPS of 37.21, more than doubled.
Firming up of camphor prices & DRT tie up helped post exceptional results. Have a feeling DRT tie up is not fully leveraged in this qtr & further EPS accretion in future quarters from this can't be ruled. Management commentary should provide some clarity.
#mangalamorganics
#mangalamorganics
In China, 98% of camphor produced is used for pharma, healthcare & hygiene. Where as in India, 98% of the produce is used for religious activity.
That untapped market is where the future growth is going to come in. Huge potential..
#MangalamOrganics
That untapped market is where the future growth is going to come in. Huge potential..
#MangalamOrganics
