Meghmani Organics (NSE:MOL) Days Payable: 163.52 (As of Mar. 2026) — 21% Above Median


NSE:MOL Meghmani Organics Ltd NSE:MOL
65 GF Score
Price ₹48.70
GF Value ₹82.77
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Meghmani Organics Days Payable?

Meghmani Organics NSE:MOL +0.91% 65 Days Payable is 163.52 as of Mar. 2026, which is 21% above its 10-year median of 134.70. GuruFocus rates NSE:MOL with a GF Score™ of 65/100 and a GF Value™ of ₹82.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 246 Agriculture companies, Meghmani Organics ranks better than 84.15% on this metric.

Meghmani Organics's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,402 Mil. Meghmani Organics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,014 Mil. Hence, Meghmani Organics's Days Payable for the three months ended in Mar. 2026 was 163.52.

The historical rank and industry rank for Meghmani Organics's Days Payable or its related term are showing as below:

NSE:MOL' s Days Payable Range Over the Past 10 Years
Min: 85.89   Med: 134.7   Max: 208.53
Current: 164.59

During the past 8 years, Meghmani Organics's highest Days Payable was 208.53. The lowest was 85.89. And the median was 134.70.

NSE:MOL's Days Payable is ranked better than
84.15% of 246 companies
in the Agriculture industry
Industry Median: 72.7 vs NSE:MOL: 164.59

Meghmani Organics's Days Payable increased from Mar. 2025 (162.98) to Mar. 2026 (163.52). It may suggest that Meghmani Organics delayed paying its suppliers.


Meghmani Organics Days Payable Historical Data

* Premium members only.

The historical data trend for Meghmani Organics's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meghmani Organics Days Payable Chart

Meghmani Organics Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 109.52 118.43 160.29 154.17 150.96

Meghmani Organics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.98 134.24 185.97 209.06 163.52

NSE:MOL vs CTVA, CF, MOS: Days Payable Comparison

For the Agricultural Inputs subindustry, Meghmani Organics's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meghmani Organics Days Payable vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Meghmani Organics's Days Payable distribution charts can be found below:

* The bar in red indicates where Meghmani Organics's Days Payable falls into.


NSE:MOL
65GF Score
Meghmani Organics Ltd NSE:MOL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meghmani Organics Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Meghmani Organics's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5567.707 + 5401.833) / 2 ) / 13261.493*365
=5484.77 / 13261.493*365
=150.96

Meghmani Organics's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 5401.833) / 1 ) / 3014.457*365 / 4
=5401.833 / 3014.457*365 / 4
=163.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 163.52 mean?
Meghmani Organics (NSE:MOL) has a Days Payable of 163.52 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meghmani Organics and its competitors. This is 21% above median its historical median of 134.70. Over the past decade, Meghmani Organics' Days Payable has ranged from 85.89 to 208.53. According to the industry distribution chart, Meghmani Organics ranks #39 out of 246 companies in the Agriculture industry, placing it in the top 15.9%.
Is Meghmani Organics' Days Payable too high?
Meghmani Organics' current Days Payable of 163.52 is 21% above median its 10-year median of 134.70. Over the past 10 years, this metric has ranged from a low of 85.89 to a high of 208.53. The Agriculture industry median Days Payable is 72.70. Meghmani Organics' value of 163.52 is 124.9% above this industry median. Based on the distribution chart, Meghmani Organics ranks #39 out of 246 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Meghmani Organics has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meghmani Organics' Days Payable compare to CTVA and CF?
According to the Agriculture industry distribution chart, Meghmani Organics ranks #39 out of 246 companies for Days Payable. This places Meghmani Organics in the top 16% of its industry — outperforming the majority of peers. The industry median Days Payable is 72.70. Meghmani Organics' value of 163.52 is 124.9% above this benchmark. Historically, Meghmani Organics' own Days Payable has ranged from 85.89 to 208.53 over the past decade. While the company's 10-year median is 134.70 vs. the industry median of 72.70, Meghmani Organics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Agriculture company?
The median Days Payable among Agriculture companies is 72.70, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meghmani Organics's current Days Payable of 163.52 is 124.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Meghmani Organics and its competitors. For the Agriculture industry, the median Days Payable is 72.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghmani Organics's current Days Payable is 163.52, which is 21% above median its own 10-year median of 134.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghmani Organics stock overvalued right now?
Based on GuruFocus' analysis, Meghmani Organics (NSE:MOL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹82.77, compared to a current price of ₹48.70 — trading 41.2% below its estimated fair value. The current Days Payable is 163.52, which is 21% above median its 10-year median of 134.70 and 124.9% above the Agriculture industry median of 72.70. Meghmani Organics' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Meghmani Organics (NSE:MOL), the current Days Payable is 163.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meghmani Organics (NSE:MOL) Overvalued in 2026?

Based on GuruFocus' analysis, Meghmani Organics stock appears to be undervalued. The current stock price of ₹48.70 is trading 41.2% below its estimated GF Value™ of ₹82.77. GuruFocus considers Meghmani Organics to be Possible Value Trap.

Key valuation signals for NSE:MOL:

  • Days Payable: 163.52 (21% above median its 10-year median of 134.70)
  • GF Value™: ₹82.77 vs. price of ₹48.70 (41.2% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 124.9% above the Agriculture median (#39 of 246)

No single metric tells the full story. See the NSE:MOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meghmani Organics Business Description

Other Exchanges 543331:India
Address Near Raj Bunglows, Behind Safal Profitaire, Corporate Road, 1st to 3rd Floor, Meghmani House, Prahlad Nagar, Satellite, Ahmedabad, GJ, IND, 380015
Meghmani Organics Ltd is engaged in the manufacturing of pigments and agrochemicals. The company operates through business divisions, namely Pigments and Agrochemicals. The Pigments division is engaged in the manufacture and distribution of phthalocyanine green 7, copper phthalocyanine blue, alpha blue, and beta blue. The Agrochemicals Division, the key revenue-generating segment, is engaged in the manufacturing and distribution of technical, intermediates, and formulations of Crop Protection products. It has a presence in India as well as Outside India.
65GF Score

Get the complete analysis for NSE:MOL

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.70
Price
₹82.77
GF Value