Is Meghmani Organics the Best Stock in Its Sector? A Look at the Numbers
- October 1, 2026
- Posted by: Neeraj Pandey
- Category: Market
Meghmani Organics CMP Rs 56 (01 Oct 2026). Market cap Rs 1,430 Cr. ROE 1.86%. P/E 22.22x versus Industry P/E 24.41x.
Quick Answer
Meghmani Organics is one of the names investors compare when screening the Chemicals sector, built on a 1.86% return on equity and a P/E of 22.22x against an Industry P/E of 24.41x. Whether Meghmani Organics is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.
Is Meghmani Organics the best stock in its sector? The stock trades on the NSE at Rs 56 as of 01 October 2026, within its 52-week range of Rs 36.50 to Rs 85.35. Meghmani Organics Ltd manufactures pigments and agrochemical intermediates.
Meghmani Organics sits in the Chemicals sector, and its 1.86% ROE and 22.22x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Meghmani Organics
Meghmani Organics Ltd manufactures pigments and agrochemical intermediates. The stock is trading in the lower half of its 52-week range, and below its own book value. At a market capitalisation of Rs 1,430 Cr, it is tracked as part of the Chemicals sector on Univest.
Is Meghmani Organics the Best Stock in Its Sector?
Meghmani Organics makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 1.86% ROE with a 22.22x P/E against the sector’s 24.41x Industry P/E. Meghmani Organics trades close to its 24.41x Industry P/E and below its own book value, but a 1.86% ROE is very thin, so the valuation is not backed by strong current returns.
| Metric | Meghmani Organics |
|---|---|
| CMP (NSE) | Rs 56.17 |
| 52-Week High / Low | Rs 85.35 / Rs 36.50 |
| Market Cap | Rs 1,430 Cr |
| P/E (TTM) vs Industry P/E | 22.22x vs 24.41x |
| P/B | 0.93 |
| ROE | 1.86% |
| EPS (TTM) | Rs 2.53 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.47 |
Compare Meghmani Organics Against Other Chemicals Sector Stocks
How Meghmani Organics Compares Against Its Chemicals Sector Peers
The table below sets Meghmani Organics against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Meghmani Organics | 1,430 | 22.22 | 1.86% | 0.47 |
| Epigral | 4,624 | 17.06 | 14.94% | 0.26 |
| Lords Chloro Alkali | 394 | 11.96 | 11.75% | 0.72 |
| Peer average (2 companies) | – | 14.51 | 13.34% | 0.49 |
Against this peer set, Meghmani Organics’s 1.86% ROE is below the 13.34% peer average, and its P/E of 22.22x runs above the peer average of 14.51x. Meghmani Organics trades close to its 24.41x Industry P/E and below its own book value, but a 1.86% ROE is very thin, so the valuation is not backed by strong current returns.
What Makes Meghmani Organics Worth Watching in Chemicals
- Below book value: A P/B of 0.93 means the stock trades below its own book value.
- Close to Industry P/E: A 22.22x P/E versus a 24.41x Industry P/E shows the stock trading near sector norms, though the ROE of 1.86% is very thin.
- Diversified pigment and agrochemical scale: Manufacturing pigments and agrochemical intermediates gives Meghmani Organics a diversified specialty chemicals base.
Meghmani Organics Valuation: Is It Justified?
Meghmani Organics trades close to its 24.41x Industry P/E and below its own book value, but a 1.86% ROE is very thin, so the valuation is not backed by strong current returns. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Mayur Uniquoters the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Meghmani Organics and other Chemicals sector stocks.
How to Track Meghmani Organics Before You Invest
Before deciding whether Meghmani Organics deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.
- Open the Univest Screener and search for Meghmani Organics to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
- Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Meghmani Organics earns a place in the best stock in its sector conversation on the strength of a 1.86% ROE and a P/E of 22.22x against a 24.41x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Meghmani Organics the best stock in its sector?
Ans. Meghmani Organics has a 1.86% ROE and trades at 22.22x P/E against a 24.41x Industry P/E, and compares below the peer average ROE of 13.34% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Meghmani Organics?
Ans. Meghmani Organics was trading at Rs 56.17 on the NSE as of 01 October 2026, within its 52-week range of Rs 36.50 to Rs 85.35.
What sector does Meghmani Organics belong to?
Ans. Meghmani Organics is classified under the Chemicals sector on Univest.
How does Meghmani Organics compare to its sector peers on P/E?
Ans. Meghmani Organics’s P/E of 22.22x is above the 14.51x average of the 2 named peers compared in this article.
What is Meghmani Organics’s return on equity?
Ans. Meghmani Organics reported a return on equity of 1.86%, which is below the 13.34% average of its named peers in this comparison.
Should I invest in Meghmani Organics based on its sector position?
Ans. Meghmani Organics’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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