MKVentures Capital Ltd

MKVentures Capital Ltd

₹ 2,040 -5.05%
22 Jul 1:51 p.m.
About

Incorporated in 1991, MK Ventures Ltd is in the business of financing and lending[1]

Key Points

Business Overview:[1]
MKVL used to be in the textile business but currently it is in the business of providing financial services as a Non systematically Important Non Deposit Taking Non Banking Financial Company.
In FY22, there was a change in management as Mr. Madhusudan Kela acquired 83.66% of their equity share capital from previous Promoters through Open Offer and Share Purchase Agreements

  • Market Cap 784 Cr.
  • Current Price 2,040
  • High / Low 2,800 / 1,000
  • Stock P/E 37.2
  • Book Value 244
  • Dividend Yield 0.05 %
  • ROCE 20.6 %
  • ROE 33.6 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 223% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 42.1%

Cons

  • Stock is trading at 8.74 times its book value

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2.71 2.11 6.77 4.57 0.28 0.13 2.66 14.03 10.47 12.59 9.60 8.44 8.41
0.14 0.13 0.16 0.32 0.26 0.00 0.05 0.16 1.38 0.83 0.78 0.61 0.61
Operating Profit 2.57 1.98 6.61 4.25 0.02 0.13 2.61 13.87 9.09 11.76 8.82 7.83 7.80
OPM % 94.83% 93.84% 97.64% 93.00% 7.14% 100.00% 98.12% 98.86% 86.82% 93.41% 91.88% 92.77% 92.75%
0.06 0.00 0.00 0.01 -0.01 0.00 0.03 0.03 0.00 0.18 0.43 1.16 0.61
Interest 2.40 1.06 3.55 2.12 0.00 0.00 0.24 1.58 2.18 4.48 2.76 2.06 0.48
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.06
Profit before tax 0.23 0.92 3.06 2.14 0.01 0.13 2.40 12.32 6.91 7.46 6.49 6.91 7.87
Tax % 30.43% 0.00% 0.00% 82.24% -1,900.00% 0.00% 26.25% 25.08% 25.18% 27.08% 26.50% 27.64% 25.41%
0.17 0.91 3.06 0.38 0.21 0.13 1.77 9.23 5.18 5.44 4.77 5.01 5.87
EPS in Rs 0.45 2.39 8.05 1.00 0.55 0.34 4.66 24.29 13.63 14.15 12.41 13.03 15.27
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
9 11 19 39 79 153 1 2 8 14 27 39
9 11 19 38 77 149 1 1 1 1 2 3
Operating Profit 1 -0 0 1 2 4 1 1 8 13 26 36
OPM % 5% -0% 2% 1% 3% 2% 42% 37% 91% 94% 94% 93%
0 0 0 -0 0 0 0 0 0 -0 0 2
Interest 0 0 0 0 1 2 1 2 4 7 4 10
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 -0 -0 -0 1 1 0 -1 3 6 22 29
Tax % 10% 160% -67% -67% 19% 28% 0% 0% 17% 26% 25% 27%
0 -0 -0 -0 1 1 -0 -1 3 5 16 21
EPS in Rs 0.50 -0.34 -0.03 -0.05 2.05 2.37 -0.16 -3.87 7.11 12.03 42.89 54.85
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 2%
Compounded Sales Growth
10 Years: 13%
5 Years: 99%
3 Years: 67%
TTM: 43%
Compounded Profit Growth
10 Years: 67%
5 Years: 223%
3 Years: 98%
TTM: 29%
Stock Price CAGR
10 Years: 64%
5 Years: %
3 Years: 345%
1 Year: 90%
Return on Equity
10 Years: 28%
5 Years: 36%
3 Years: 42%
Last Year: 34%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 4
Reserves 5 5 5 5 6 6 6 5 8 12 28 90
0 0 0 0 0 0 0 0 0 0 249 0
0 0 0 0 0 0 0 0 1 0 29 37
Total Liabilities 8 8 8 8 9 10 10 9 12 16 309 131
1 0 0 0 0 0 0 0 0 0 0 15
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 8 4 7 14 0 12
7 8 8 8 9 10 2 5 5 2 309 103
Total Assets 8 8 8 8 9 10 10 9 12 16 309 131

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 -3 -0 -0 4 -1 -1 -4 -5 -0 -259 258
1 1 0 1 0 0 1 5 4 7 14 -12
-0 0 -0 -0 -1 -2 0 0 0 -7 246 -218
Net Cash Flow -1 -2 -0 1 3 -3 0 1 -1 -0 0 28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 22 31 0 0 0 0 0 0 0 0 0 0
Inventory Days 121 106 98 50 13 19
Days Payable 0 0 0 0 0 0
Cash Conversion Cycle 143 137 98 50 13 20 0 0 0 0 0 0
Working Capital Days 125 181 119 62 18 20 196 32 53 20 -352 -324
ROCE % 5% -1% 4% 5% 28% 38% 5% 6% 78% 97% 17% 21%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
59.91% 59.91% 83.66% 83.66% 83.66% 83.66% 83.66% 74.36% 74.36% 74.36% 74.36% 74.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 4.26% 4.26% 4.26% 4.26% 4.26%
40.09% 40.09% 16.34% 16.34% 16.35% 16.35% 16.29% 21.38% 21.39% 21.39% 21.38% 21.39%
No. of Shareholders 1,0421,1171,3021,3091,3551,6122,0982,4182,9133,1142,9163,357

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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