India Ratings assigns Meghmani Organics at IND A
Meghmani Organics (MOL) said India Ratings has assigned its credit rating at IND A, covering facilities or instruments of about ₹1,100 crore. The company is valued at about ₹1,397 crore.
What happened
In a filing with the BSE on 28 October 2026 at 07:15 PM, Meghmani Organics (MOL) said that India Ratings has assigned its credit rating at IND A, covering facilities or instruments of about ₹1,100 crore.
From the filing: "A copy of the rating letter received from India Ratings & Research is enclosed herewith for your information and record."
Company snapshot
Meghmani Organics is a small-cap company, with a market value of about ₹1,397 crore.
The stock last traded at ₹54.94, against a 52-week range of ₹36.5–₹82.5 (33.4% below the high).
Before this filing the shares had moved −7.8% over the month and −1.4% over three months. Average daily turnover over the last 20 sessions was about ₹4.69 crore.
Promoters held 48.95% at the end of Q1 FY27. Foreign institutions owned 0.91% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 614 | 12.7 | 0.5 |
| Q2 FY26 | 577 | 11.6 | 0.45 |
| Q3 FY26 | 509 | -3.5 | -0.14 |
| Q4 FY26 | 474 | 8 | 0.32 |
| Q1 FY27 | 543 | 48.2 | 1.9 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,348 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 4 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.