Manali Petrochemicals Limited

This company manufactures petrochemicals for various industries, with advanced R&D capabilities and two manufacturing units.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Manali Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 120.00 Cr
  • Paid Up Capital ₹ 86.03 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 108.12 Cr
  • Revenue Growth -27.69%
  • Profit Growth -86.51%
  • Ebitda -85.73%
  • Net Worth 0.93%
  • Total Assets -2.39%

About Manali Petrochemicals

Manali Petrochemicals Limited (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 June 1986 and has a history of 38 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500268 and on the National Stock Exchange(NSE) under MANALIPETC.

The Corporate was formerly known as Manali Petro Chemical Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 120.00 Cr and a paid-up capital of Rs 86.03 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹108.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Manali Petrochemicals Limited India are R Swaminathan as COMPANY SECRETARY and Kannan Lalitha as Cfo. Sundaradevan Nanjiah, Ashwin Chidambaram, Thanjavur Arun, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24294TN1986PLC013087

  • Company No.

    013087

  • Stock Symbol

    BSE : 500268 NSE : MANALIPETC

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1986

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Manali Petrochemicals Limited offer?

Manali Petrochemicals Limited offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Home Appliances, Bedroom Furniture & Bedroom Sets, Bedroom Set, Organic and Inorganic Solvents, Alcohol Solvents, Flavours & Aromatics, Natural Sweetener, Building & Real Estate Developers, Residential Construction Projects.

Company report

Manali Petrochemicals Limited

Explore comprehensive data for Manali Petrochemicals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Manali Petrochemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Chandrasekar Country flag representing In Managing Director03-Nov-2022Current
R Swaminathan Country flag representing In Company Secretary03-Nov-2022Current
Kannan Lalitha CFO11-Jun-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Sundaradevan Nanjiah Country flag representing In Director 12-Jun-2019Current
Ashwin Chidambaram Country flag representing Sg Director 27-Apr-2007Current
Thanjavur Arun Country flag representing In Director 07-Oct-2009Current
Ramadoss Bhuvaneswari Country flag representing In Director 24-May-2022Current
Latha Ramanathan Country flag representing In Director 04-Sep-2024Current
Govindarajan Sharma Country flag representing In Director 05-Feb-2018Current

Financial Performance of Manali Petrochemicals.

Manali Petrochemicals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.69% decrease. The company also saw a substantial fall in profitability, with a 86.51% decrease in profit. The company's net worth moved up by a moderate rise of 0.93%.

Manali Petrochemicals revenue growth over time
Manali Petrochemicals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-27.69%
Revenue from Operations
-28.43%
Total Assets
-2.39%
Profit or Loss
-86.51%
Net Worth
0.93%
EBITDA
-85.73%

What is the Ownership and Shareholding Structure of Manali Petrochemicals?

In 2022, Manali Petrochemicals had a promoter holding of 44.87% and a public holding of 55.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹108.12 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 25.00 Cr
  • Hdfc Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2021Hdfc Bank Limited₹25.00 CrOpen
22 Feb 2018Idbi Bank Limited₹25.00 CrOpen
29 Oct 2013State Bank Of Mauritius Ltd.₹7.50 CrSatisfied
30 Dec 1996Department Of Commercial Taxes₹66.39 CrSatisfied
28 Mar 1992State Bank Of India₹25.40 CrSatisfied

How Many Employees Work at Manali Petrochemicals?

Manali Petrochemicals has a workforce of 381 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Manali Petrochemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manali Petrochemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Manali Petrochemicals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Manali Petrochemicals

Recent activity within the organization

  • Annual General Meeting

    Manali Petrochemicals Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Director Appointment

    Latha Ramanathan was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 6 months 16 days .

  • Charges

    A charge with Idbi Bank Limited of Rs. 25.00 Cr registered on 22 Feb 2018 with Charge ID 100162083 was modified on 12 Jul 2024.

  • Director Appointment

    Kannan Lalitha was appointed as a Cfo was appointed as a Cfo on 11 Jun 2024 & has been associated with this company since 9 months 9 days .

  • Director Appointment

    Gopala Rammohan Sridhar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 May 2024 & has been associated with this company since 10 months .

  • Balance Sheet

    Manali Petrochemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Manali Petrochemicals Limited?

    Manali Petrochemicals Limited was incorporated on 11 Jun 1986.

  • What is authorized share capital and paid-up capital of Manali Petrochemicals Limited?

    The authorized share capital of Manali Petrochemicals Limited is ₹ 120.00 Cr and paid-up capital is ₹ 86.03 Cr.

  • Who are the current board members & directors of Manali Petrochemicals Limited?

    Currently 12 directors are associated with Manali Petrochemicals Limited.

    • Sundaradevan Nanjiah
    • Ashwin Muthiah Chidambaram
    • Thanjavur Kanakaraj Arun
    • Ramadoss Bhuvaneswari
    • Chandrasekar
    • Latha Ramanathan
    • Govindarajan Dattatreyan Sharma
    • Shankar Chatapuram Swaminathan
    • Devaki Ashwin Muthiah
    • Gopala Rammohan Sridhar
    • R Swaminathan
    • Kannan Lalitha

  • What is the registered address of Manali Petrochemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Manali Petrochemicals Limited is Spic House 88 Old No.97 Mount Rd Guindy, India, Chennai, Tamil Nadu, 600032.

  • What is the corporate identification number (CIN) and company number of Manali Petrochemicals Limited?

    The corporate identification number (CIN) of Manali Petrochemicals Limited is L24294TN1986PLC013087 and the company number is 013087 as per Ministry of Corporate Affairs (MCA).

  • Is Manali Petrochemicals Limited registered with any stock exchange in India?

    Yes, Manali Petrochemicals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MANALIPETC.

  • What is the official website of Manali Petrochemicals Limited?

    The Official website of Manali Petrochemicals Limited is https://www.manalipetro.com

  • What has been the recent revenue trend for Manali Petrochemicals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Manali Petrochemicals Limited has fallen by -27.69%.

  • How many employees does Manali Petrochemicals Limited currently have?

    As Per 2023 financial reports, 381 employees are currently employed by Manali Petrochemicals Limited.

  • What change has been observed in the net worth of Manali Petrochemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Manali Petrochemicals Limited has experienced an upsurge of 0.93%.

  • What are the total open charges for Manali Petrochemicals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Manali Petrochemicals Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Manali Petrochemicals Limited filed with the ROC?

    The most recent Balance Sheet for Manali Petrochemicals Limited was filed with the ROC on 31 Mar 2024.

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