New Launch15 May 2025, 03:43 pm
Mangalam Organics' Subsidiary Boosts Production Capacity by 183%
AI Summary
Mangalam Organics Ltd. announces a significant enhancement in the production capacity of its wholly owned unlisted material subsidiary, Mangalam Brands Private Limited. The subsidiary has completed the first phase of a capital investment aimed at increasing the production capacity for Isoborneol Flakes (Bhimseni). Commercial production commenced on May 15, 2025, with a proposed capacity addition of 110 Metric Tonnes per month, bringing the total capacity to 170 Metric Tonnes per month. This strategic move is expected to positively impact the consolidated revenue and profitability of the company.
Key Highlights
- Mangalam Organics' subsidiary enhances production capacity by 183%
- Capacity increased from 60 to 170 Metric Tonnes per month
- Investment of Rs. 45 crore funded by internal accruals and bank finance
- Strong market demand for Isoborneol Flakes (Bhimseni)
- Expected to significantly contribute to topline and EBITDA levels