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Mangalam Seeds Ltd Overview
Fundamentals of Mangalam Seeds Ltd
|P/E Ratio (TTM)||29.07|
|Debt to Equity||0.4|
Financials of Mangalam Seeds Ltd
|Mar 2022||Jun 2022||Sep 2022||Dec 2022|
|Profit before tax||1.09||2.17||2.02||3.94|
|EPS in Rs||0.93||1.69||1.47||2.85|
About Mangalam Seeds Ltd
Manglam Seeds Ltd was originally formed and registered as a partnership firm under the Partnership Act in the name and style of ' M/s Mangalam Seeds Corporation', pursuant to a deed of partnership dat ... ed April 01, 2007. The name of the partnership firm was changed to 'Mangalam Seeds' pursuant to supplementary agreement modifying the partnership deed dated July 06, 2011. The Company was incorporated as a public limited company under Part IX of the Companies Act, 1956 with the name of 'Mangalam Seeds Limited' upon conversion of Mangalam Seeds into Our Company vide certificate of incorporation dated September 14, 2011 , bearing registration no. 067128 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli, Ahmedabad. The certificate of commencement of business was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, Ahmedabad on September 26, 2011. Mangalam Seeds Limited, an ISO 9001:2008 certified is engaged in producing and delivering high quality seeds by use of agricultural genetic techniques. Genetic engineering, in simple terms can be explained as modification of an organism's genetic composition by artificial means , often involving the transfer of specific traits, or genes. Genetic engineering provides multifarious benefits, the major highlights being increased yield, drought tolerance, reduced pesticides use and decline in diseases. With a vision of 'Being the most preferred seed brand in India in major crops like cumin seeds, castor seeds, fennel seeds, lucerene seeds, sesame seeds, fodder bajra seeds etc', our Promoter Mr. Mafatlal Patel, with his rich agricultural experience established Mangalam Seeds Corporationn, a proprietorship concern in 2003. Accompanied by technical expertise of our eminent agricultural scientist Dr. I.D. Patel and backed by intense research and development, our Promoter took the next step towards his vision and converted from his proprieto rship concern to partnership in 2007. With handful of hybrids already developed with continuous research and development, our promoters acknowledging the growth prospects the seed industry offers, converted the partnership firm and incorporated in to Company under the name 'Mangalam Seeds Limited' in 2011. At present, the Company is offering a wide range of seeds categorised as 'research seeds' and 'hybrid seeds'. Research seeds are high quality seeds, being produced by a backward integration process and offers natural nutrient qualities. These seeds require intensive research and are also called as pure seeds. Hybrid seeds on the other hand, are produced through open pollination and cross pollination process. As on date we have developed 16 varieties of seeds Further the Company has a collection of around 976 varieties of germplasm in various crops. The products are being marketed under various brand names like Eklavya, Volina, Leetos, Juddo etc. Currently the Company has obtained 15 trademarks and already applied for 65 others to secure these brand names and logos. Liaising/Contracting with individual farmers is one of the major steps in the companies production mechanism. The company further has a well equipped 1 processing plant, 3 packaging units and storage units measuring around 21,000 square feet located in different areas of Gujarat and Rajasthan. The companies growth strategy is majorly defined by one word i.e. 'Research and Development' and the Company makes conscious efforts to produce better and different varieties of seeds. The Company has R&D farms measuring approximately 29.25 acres to carry on its research activities. The company further believes in developing state of art infrastructure and technology and have set up 2 greenhouses and 2 open poly houses and adequate tube wells for un interrupted water supply. The company has strong marketing channels in Gujarat and Rajasthan, comprising of around 154 distributors, more than 1840 dealers and retailers to support marketing. The company is seasonally organizing farmers and dealers meeting including farm demonstration. Read More
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