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Trades about 73% below its sector, cheaper than its peers on earnings.
Established in 1986 and headquartered in Chennai, India, Manali Petrochemicals Limited (MPL) is a prominent manufacturer and global supplier of various petrochemical products. The company's core operations involve producing key chemical intermediates and end-products for diverse industrial applications across both Indian and international markets. MPL's extensive product line features propylene oxide, which serves as a vital raw material for propylene glycol and polyether polyols. It also manufactures a comprehensive array of polyols, encompassing flexible slabstock, cold cure, rigid, and elastomer grades. These polyols are essential components for industries such as automotive, refrigeration, temperature control, adhesives, sealants, coatings, furniture, and textiles. Furthermore, Manali Petrochemicals supplies propylene glycol, indispensable for the pharmaceutical, food, flavor, and fragrance sectors. Its offerings also include polyester resins, carbonless paper, and automotive consumables like brake fluids and anti-freeze solutions. The company provides propylene glycol mono methyl ether, a solvent widely used in paint, coating, and electronics manufacturing. Additionally, MPL produces Neuthane polyurethane cast elastomers, critical for applications ranging from anti-roll bars, limit stops, and material handling equipment to rollers, harvester components, idler wheels for tracked vehicles, and suspension bushings for buses, trucks, and high-performance automobiles. Beyond manufacturing, Manali Petrochemicals Limited also participates in trading activities, facilitates transactions, and offers business and project consulting services.
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