Milkfood Ltd
- Market Cap ₹ 264 Cr.
- Current Price ₹ 515
- High / Low ₹ 685 / 490
- Stock P/E 41.0
- Book Value ₹ 269
- Dividend Yield 0.49 %
- ROCE 9.29 %
- ROE 7.41 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 48.0 to 24.9 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.98% over past five years.
- Company has a low return on equity of 4.19% over last 3 years.
- Promoter holding has decreased over last 3 years: -16.1%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
305 | 335 | 431 | 371 | 373 | 389 | 491 | 531 | 551 | 368 | 316 | 467 | 449 | |
287 | 319 | 427 | 355 | 352 | 368 | 465 | 503 | 527 | 348 | 303 | 444 | 428 | |
Operating Profit | 17 | 17 | 4 | 16 | 21 | 21 | 26 | 28 | 25 | 20 | 13 | 24 | 21 |
OPM % | 6% | 5% | 1% | 4% | 6% | 5% | 5% | 5% | 4% | 5% | 4% | 5% | 5% |
0 | 0 | 16 | 2 | 2 | -4 | 0 | 0 | 1 | 0 | 3 | 4 | 6 | |
Interest | 11 | 12 | 11 | 9 | 13 | 12 | 10 | 8 | 8 | 8 | 7 | 10 | 13 |
Depreciation | 5 | 4 | 6 | 6 | 9 | 5 | 6 | 7 | 8 | 9 | 7 | 6 | 7 |
Profit before tax | 1 | 1 | 3 | 2 | 2 | -0 | 10 | 13 | 9 | 3 | 2 | 11 | 7 |
Tax % | 58% | 31% | 57% | 42% | 39% | -1,150% | 16% | 23% | 4% | 25% | -51% | 15% | |
1 | 1 | 1 | 1 | 1 | -1 | 8 | 10 | 8 | 2 | 3 | 10 | 7 | |
EPS in Rs | 1.19 | 1.37 | 2.41 | 2.05 | 1.90 | -2.05 | 16.70 | 20.96 | 17.17 | 4.99 | 7.14 | 19.95 | 13.46 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -1% |
3 Years: | -5% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 3% |
3 Years: | 4% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 7% |
3 Years: | 20% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 4% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 27 | 28 | 29 | 30 | 31 | 85 | 93 | 103 | 112 | 114 | 118 | 128 | 133 |
84 | 86 | 81 | 83 | 94 | 85 | 71 | 59 | 76 | 73 | 73 | 122 | 124 | |
83 | 86 | 105 | 113 | 74 | 93 | 90 | 115 | 108 | 118 | 109 | 74 | 61 | |
Total Liabilities | 199 | 204 | 220 | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 322 |
81 | 94 | 100 | 101 | 107 | 165 | 163 | 166 | 183 | 184 | 184 | 190 | 189 | |
CWIP | 8 | 0 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 5 | 0 | 0 |
Investments | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
106 | 107 | 117 | 128 | 95 | 101 | 94 | 115 | 116 | 124 | 115 | 139 | 133 | |
Total Assets | 199 | 204 | 220 | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 322 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 20 | 22 | 6 | 40 | 27 | 27 | 34 | 20 | 13 | 14 | -30 | |
-11 | -10 | -8 | -6 | -16 | -9 | -5 | -10 | -22 | -8 | -5 | -7 | |
-5 | -11 | -13 | 1 | -25 | -19 | -23 | -20 | 0 | -7 | -8 | 36 | |
Net Cash Flow | 0 | -1 | 0 | 1 | -0 | -1 | -0 | 4 | -2 | -2 | 0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 6 | 11 | 7 | 15 | 17 | 15 | 4 | 15 | 22 | 53 | 66 | 25 |
Inventory Days | 123 | 100 | 82 | 104 | 76 | 84 | 65 | 56 | 46 | 40 | 29 | 63 |
Days Payable | 64 | 35 | 41 | 46 | 24 | 28 | 29 | 37 | 25 | 34 | 23 | 39 |
Cash Conversion Cycle | 65 | 76 | 47 | 73 | 69 | 71 | 40 | 35 | 43 | 59 | 72 | 49 |
Working Capital Days | 52 | 59 | 40 | 64 | 51 | 54 | 31 | 31 | 33 | 77 | 94 | 62 |
ROCE % | 11% | 11% | 12% | 10% | 11% | 11% | 12% | 13% | 9% | 6% | 5% | 9% |
Documents
Announcements
- Update On Scheme Of Amalgamation Between Triputi Infrastructure Private Limited With Milkfood Limited Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 15h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Update On Scheme Of Amalgamation Between Triputi Infrastructure Private Limited With Milkfood Limited Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 2d
-
Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015
10 Apr - Certificate from Practicing Company Secretary for the period from 1st April, 2023 to 31st March, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Details of securities dematerialised during the quarter ended 31.03.2024 as required under regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 have been furnished to …
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1]
MFL is a part of the Jagatjit Group of Industries. It carries ISO 22000:2005, ISO 14001:2004, Kosher and other important food & safety certification in milk and milk based products