Mysore Petro

Which are the latest news on Mysore Petro?

Why is Mysore Petro Chemicals Ltd falling/rising?

As of 23-Jun, Mysore Petro Chemicals Ltd's stock is at Rs 93.99, down 4.26%, underperforming the Sensex which declined only 0.79%. Despite some positive quarterly financial results, the company faces significant challenges, including operating losses and a negative EBITDA, contributing to a year-to-date stock decline of 12.61%.

As of 23-Jun, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 93.99, which represents a decrease of Rs 4.18 or 4.26%. The stock has underperformed relative to the benchmark Sensex, which has seen a smaller decline of 0.79% over the past week. Over the past month, the stock has fallen by 4.66%, while the Sensex has increased by 1.04%. Year-to-date, Mysore Petro's stock has dropped 12.61%, compared to a 10.58% decline in the Sensex.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 3.26%, with an intraday low of Rs 93.22, marking a 5.04% decrease. The weighted average price suggests that more trading volume occurred closer to this low price, indicating bearish sentiment among investors. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further signaling a downward trend.<BR><BR>Investor participation has also diminished, as evidenced by a 7.97% drop in delivery volume compared to the 5-day average. The liquidity of the stock remains adequate for trading, but the overall market sentiment appears negative. <BR><BR>Despite some positive financial results reported for the quarter ending March 26, including significant growth in net sales and profit before tax, the company is facing serious challenges. It has recorded operating losses, a negative EBITDA of Rs 7.4 crore, and a poor EBIT to interest ratio of -7.40, indicating a weak ability to service its debt. The stock has generated a return of -23.93% over the past year, significantly underperforming the broader market, which has only declined by 0.36%. These factors contribute to the stock's current downward trajectory.

How big is Mysore Petro?

As of 10th June, Mysore Petro Chemicals Ltd has a market capitalization of 65.00 Cr, with recent net sales of 52.22 Cr and a net profit of 0.81 Cr.

As of 10th June, Mysore Petro Chemicals Ltd has a market capitalization of 65.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Mysore Petro reported Net Sales of 52.22 Cr and a Net Profit of 0.81 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 220.69 Cr and Total Assets of 272.94 Cr.

Who are in the management team of Mysore Petro?

The management team of Mysore Petro includes M M Dhanuka (Chairman & Managing Director), Nikunj Dhunaka, S N Maheshwari (Directors), Anil Kochar, Shrikant Somani, Uma Acharya (Independent Directors), and Labdhi Shah (Company Secretary & Compliance Officer).

The management team of Mysore Petro includes the following individuals:<BR><BR>1. **M M Dhanuka** - Chairman & Managing Director<BR>2. **Nikunj Dhunaka** - Director<BR>3. **S N Maheshwari** - Director<BR>4. **Anil Kochar** - Independent Director<BR>5. **Shrikant Somani** - Independent Director<BR>6. **Uma Acharya** - Independent Director<BR>7. **Labdhi Shah** - Company Secretary & Compliance Officer<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Mysore Petro?

Mysore Petro's peers include Sundaram Multi., Anmol India, Service Care Ltd, Crayons Advertis, AVSL Industries, Touchwood Enter., ANI Integrated, Shree OSFM, and Mohini Health. Management and growth risks are generally below average for Mysore Petro and several peers, with Anmol India showing the highest 1-year return at -38.66% and Mysore Petro at -25.35%.

Peers: The peers of Mysore Petro are Sundaram Multi., Anmol India, Service Care Ltd, Crayons Advertis, AVSL Industries, Touchwood Enter., ANI Integrated, Shree OSFM, and Mohini Health.<BR><BR>Quality Snapshot: Below Average management risk is observed at Sundaram Multi., Mysore Petro, Service Care Ltd, Crayons Advertis, ANI Integrated, and Mohini Health, while Good management risk is found at Anmol India and AVSL Industries. Average management risk is noted at Touchwood Enter. and Shree OSFM. Below Average growth is seen at Sundaram Multi., Mysore Petro, Anmol India, Crayons Advertis, AVSL Industries, ANI Integrated, and Mohini Health, while Average growth is found at Service Care Ltd and Touchwood Enter., and Excellent growth is observed at Shree OSFM. Below Average capital structure is noted at Sundaram Multi., Mysore Petro, Crayons Advertis, and Mohini Health, while Average capital structure is seen at Anmol India, ANI Integrated, and AVSL Industries, and Good capital structure is found at Service Care Ltd and Touchwood Enter., with Excellent capital structure at Shree OSFM.<BR><BR>Return Snapshot: Anmol India has the highest 1-year return at -38.66%, while Sundaram Multi. has the lowest at -41.30%. Mysore Petro's 1-year return of -25.35% is better than both. Additionally, Sundaram Multi., Anmol India, and Mohini Health all have negative six-month returns.

What does Mysore Petro do?

Mysore Petro Chemicals Ltd manufactures and trades petrochemical products, primarily Phthalic Anhydride and Maleic Anhydride. As of March 2026, it reported net sales of ₹22 Cr and a net profit of ₹3 Cr, with a market cap of ₹65 Cr.

Overview: <BR>Mysore Petro Chemicals Ltd is a micro-cap company in the miscellaneous industry that manufactures and trades petrochemical products, including Phthalic Anhydride and Maleic Anhydride.<BR><BR>History: <BR>Incorporated in 1976 and promoted by H P Dhanuka, Mysore Petro Chemicals Ltd is currently engaged in trading activities. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 22 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 65 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 81.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 2.03% <BR>Debt Equity: -0.08 <BR>Return on Equity: 0.36% <BR>Price to Book: 0.29 <BR><BR>Contact Details: <BR>Address: D/4 Jyothi Complex, 134/1 Infantry Rd Kumara Park Bangalore Karnataka : 560001 <BR>Tel: 91-080-22868372 <BR>Email: mpcl@mysorepetro.com <BR>Website: http://www.mysorepetro.com

Are Mysore Petro Chemicals Ltd latest results good or bad?

Mysore Petro Chemicals Ltd's latest results show impressive net sales growth of 190.19% year-on-year, reaching ₹21.59 crores, and a net profit increase of 33.63%. However, ongoing operational losses and heavy reliance on non-operating income raise concerns about the sustainability of these earnings, indicating significant challenges ahead.

Mysore Petro Chemicals Ltd's latest results present a mixed picture. On one hand, the company achieved a remarkable 190.19% year-on-year increase in net sales for Q4 FY26, reaching ₹21.59 crores, which is the highest quarterly revenue recorded in recent times. Additionally, the consolidated net profit for the quarter stood at ₹3.02 crores, marking a 33.63% year-on-year growth.<BR><BR>However, beneath this topline growth lies a significant concern. The company continues to report negative operating profit before other income, with an operating loss of ₹2.35 crores and an operating margin of -10.88%. This indicates ongoing operational challenges, as the profitability reported primarily stems from other income, which constituted 64.31% of profit before tax. This heavy reliance on non-operating income raises questions about the sustainability of earnings.<BR><BR>For the full fiscal year FY26, while net sales increased significantly to ₹52.22 crores from ₹33.00 crores in FY25, the consolidated net profit for the latest six months saw a drastic decline of 87.09% compared to the previous half-year period. This divergence between revenue growth and profitability deterioration highlights fundamental operational inefficiencies that need urgent attention.<BR><BR>In summary, while the sales growth is impressive, the persistent operational losses and dependency on other income for profitability suggest that the overall results are concerning and indicate that the company faces significant challenges ahead.

When is the next results date for Mysore Petro Chemicals Ltd?

The next results date for Mysore Petro Chemicals Ltd is 20 May 2026.

The next results date for Mysore Petro Chemicals Ltd is scheduled for 20 May 2026.

Should I buy, sell or hold Mysore Petro Chemicals Ltd?

How has been the historical performance of Mysore Petro?

Mysore Petro has experienced fluctuating financial performance, with net sales increasing from 18.41 Cr in Mar'23 to 33.48 Cr in Mar'25, but facing negative operating profits and declining profits after tax, resulting in ongoing operational challenges despite positive cash flow from investing activities.

Answer:<BR>The historical performance of Mysore Petro shows significant fluctuations in various financial metrics over the years.<BR><BR>Breakdown:<BR>Mysore Petro's net sales have shown an upward trend, increasing from 18.41 Cr in Mar'23 to 33.48 Cr in Mar'25, despite a dip in Mar'22. The total operating income followed a similar trajectory, peaking at 33.48 Cr in Mar'25. However, the company has faced challenges with total expenditure, which rose from 25.55 Cr in Mar'23 to 39.07 Cr in Mar'25, leading to negative operating profits in recent years, with an operating profit of -5.59 Cr in Mar'25. The profit before tax also declined to 4.08 Cr in Mar'25 from 7.17 Cr in Mar'24, while profit after tax turned negative at -0.24 Cr in Mar'25, following a profit of 4.69 Cr in the previous year. The company's earnings per share (EPS) decreased from 11.34 in Mar'24 to 4.61 in Mar'25. On the balance sheet, total assets decreased from 304.15 Cr in Mar'24 to 272.94 Cr in Mar'25, with total liabilities also declining from 304.15 Cr to 272.94 Cr in the same period. Cash flow from operating activities remained negative, indicating ongoing operational challenges, while cash flow from investing activities showed a positive trend, reaching 23 Cr in Mar'24. Overall, Mysore Petro's financial performance reflects a mix of growth in sales and income but persistent issues with profitability and cash flow management.

Who are the top shareholders of the Mysore Petro?

The top shareholders of Mysore Petro include Savita Investment Company Ltd with 17.55%, a foreign institutional investor and Gymkhana Partners L.P. each holding 3.03%, and individual investors collectively owning 17.54%. There are no pledged promoter holdings reported.

The top shareholders of Mysore Petro include several key players. The majority shareholders are the promoters, with Savita Investment Company Ltd holding the highest stake at 17.55%. Additionally, there is one foreign institutional investor (FII) that holds 3.03% of the shares. The highest public shareholder is Gymkhana Partners L.P., also holding 3.03%. Individual investors collectively own 17.54% of the company. Notably, there are no pledged promoter holdings reported.

Is Mysore Petro overvalued or undervalued?

As of April 25, 2023, Mysore Petro is rated as risky and overvalued, with a PE ratio of 12.38 and poor stock performance, significantly lagging behind the Sensex.

As of 25 April 2023, the valuation grade for Mysore Petro has moved from does not qualify to risky, indicating a significant downgrade in its investment attractiveness. The company appears to be overvalued based on its current metrics, with a PE ratio of 12.38, a Price to Book Value of 0.38, and an EV to EBITDA of -4.64. These figures suggest that the company's valuation does not align well with its financial performance.<BR><BR>In comparison to its peers, Mysore Petro's valuation stands out unfavorably. For instance, Solar Industries is considered very expensive with a PE ratio of 123.77, while Godrej Industries is rated attractive with a PE of 46.63. Additionally, the company's recent stock performance has lagged behind the Sensex, particularly in the year-to-date and one-year periods, where it has returned -15.26% and -21.68%, respectively, compared to the Sensex's gains. Overall, Mysore Petro is assessed as overvalued in the current market context.

What is the technical trend for Mysore Petro?

As of June 6, 2025, Mysore Petro's trend has shifted to mildly bearish, with daily moving averages and Bollinger Bands indicating bearish signals, while mixed indicators suggest moderate bearish strength and market indecision.

As of 6 June 2025, the technical trend for Mysore Petro has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. While the weekly MACD and KST are mildly bullish, the overall monthly indicators remain bearish, suggesting a lack of strong upward momentum. The RSI shows no significant signals, indicating indecision in the market. Overall, the strength of the bearish trend is moderate, influenced by mixed signals across different indicators.

Has Mysore Petro declared dividend?

Mysore Petro Chemicals Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 12, 2024. While recent total returns have varied, the company shows strong long-term growth, particularly a total return of 237.3% over the past five years.

Mysore Petro Chemicals Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 2%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.17%, with a dividend return of 0%, resulting in a total return of -23.17%.<BR><BR>Over the past year, the price return was -22.94%, the dividend return was 1.51%, leading to a total return of -21.43%.<BR><BR>In the 2-year period, the price return was 9.57%, the dividend return was 4.07%, culminating in a total return of 13.64%.<BR><BR>For the 3-year period, the price return was 18.25%, with a dividend return of 7.64%, resulting in a total return of 25.89%.<BR><BR>In the last 4 years, the price return was -8.66%, while the dividend return was 8.92%, leading to a total return of 0.26%.<BR><BR>Over the past 5 years, the price return was 212.27%, with a dividend return of 25.03%, resulting in a total return of 237.3%.<BR><BR>Overall, Mysore Petro has declared a significant dividend, and while the total returns have varied over different periods, the long-term returns, especially over 5 years, show a strong positive trend, indicating potential growth for investors.