Manali Petrochemicals Confirms September 8, 2025 as Record Date for FY 2024-25 Dividend Aug 12, 2025
Manali Petrochemicals Reports Mixed Q1 Results, Announces Board Changes and Dividend Aug 11, 2025
Manali Petrochemicals Signs Strategic MoU with Chennai Petroleum Corporation Jul 29, 2025
More news about Manali Petrochemicals
28Jul 25
Manali Petrochemicals Secures Approval for Expanded Propylene Glycol Facility
Manali Petrochemicals Limited (MPL) has obtained Consent to Operate from the Tamil Nadu Pollution Control Board for its expanded Propylene Glycol facility in Manali, Chennai. The approval, valid until March 31, 2030, allows MPL to commence manufacturing operations at the enhanced production capacity. This expansion is expected to boost the company's output, potentially increasing its market share and competitiveness in the petrochemical sector.
25Jul 25
Manali Petrochemicals Inks Strategic Partnership Agreement with Chennai Petroleum
Manali Petrochemicals Limited (MPL) has entered into a non-binding Memorandum of Understanding (MOU) with Chennai Petroleum Corporation Limited (CPCL). The partnership aims to foster mutual growth and innovation in the petrochemical industry. While the agreement is non-binding, it sets the foundation for potential collaboration that could lead to enhanced operational efficiencies and new product developments. MPL voluntarily disclosed this development to stock exchanges, demonstrating commitment to corporate governance and transparency.
16Jul 25
Manali Petro Boosts Production Capacity to 50,000 KTPA, Eyes ₹500 Crore Annual Revenue
Manali Petrochemicals Limited (MPL) has expanded its Propylene Glycol (PG) production capacity by 50,000 KTPA at its Plant II in Manali, Chennai. The new facility, inaugurated on July 16, 2025, increases MPL's total PG capacity to 72,000 KTPA. This expansion is expected to generate an additional annual revenue of ₹500 crore, representing over 55% growth. The facility will begin operations after receiving the Consent to Operate from the Tamil Nadu State Pollution Control Board.
16Jul 25
Manali Petrochemicals Inaugurates Expanded Propylene Glycol Facility, Triples Production Capacity
Manali Petrochemicals Limited (MPL) has inaugurated an expanded Propylene Glycol (PG) facility at its Plant II in Manali, Chennai. The expansion adds 50,000 tonnes per annum (KTPA) to the existing 22,000 KTPA, bringing the total PG production capacity to 72,000 KTPA, a 227.27% increase. The new state-of-the-art facility awaits Consent to Operate from the Tamil Nadu State Pollution Control Board before commencing operations. This expansion is expected to strengthen MPL's market position and potentially increase revenue streams in the petrochemical industry.
Manali Petrochemical Ltd's Q4 consolidated net profit soared 730.77% YoY to ₹108.00 crore, despite a 10.16% revenue decline to ₹2,300.00 crore. EBITDA increased 21.32% to ₹210.00 crore, with EBITDA margin improving from 6.75% to 9.13%. The company's strong profit growth, despite revenue challenges, indicates successful cost management and operational efficiency improvements.
12Mar 25
Manali Petrochemicals Boosts Stake in Amplus IRU with ₹88.25 Crore Investment
Manali Petrochemicals Limited (MPL) has increased its investment in Amplus Iru Private Limited to ₹88.25 crore, raising its total stake to 2.57%. This move follows a Power Purchase Agreement and aims to comply with captive power generation regulations while potentially reducing long-term energy costs. The investment aligns with MPL's strategy to secure renewable power sources and enhance operational efficiency.