Modi Naturals Ltd
Incorporated in 1974, Modi Naturals Ltd manufactures and markets oils and deoiled cakes[1]
- Market Cap ₹ 288 Cr.
- Current Price ₹ 220
- High / Low ₹ 341 / 188
- Stock P/E
- Book Value ₹ 61.2
- Dividend Yield 0.00 %
- ROCE 4.44 %
- ROE 1.46 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.59% over last quarter.
Cons
- Stock is trading at 3.59 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.53% over past five years.
- Company has a low return on equity of 8.82% over last 3 years.
- Earnings include an other income of Rs.1.25 Cr.
* 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: Edible Oil Industry: Solvent Extraction
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
167 | 194 | 210 | 234 | 271 | 291 | 277 | 295 | 388 | 443 | 474 | 418 | 383 | |
163 | 188 | 205 | 230 | 263 | 288 | 274 | 291 | 381 | 430 | 459 | 412 | 382 | |
Operating Profit | 4 | 6 | 5 | 4 | 9 | 3 | 3 | 4 | 8 | 13 | 15 | 6 | 1 |
OPM % | 2% | 3% | 2% | 2% | 3% | 1% | 1% | 1% | 2% | 3% | 3% | 1% | 0% |
0 | 0 | -0 | 0 | 0 | 2 | 1 | 1 | 0 | 4 | 1 | 2 | 1 | |
Interest | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 1 | 2 | 4 | 4 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
Profit before tax | 0 | 3 | 2 | 0 | 4 | 0 | 0 | 2 | 4 | 14 | 13 | 2 | -3 |
Tax % | 62% | 33% | 50% | -7% | 53% | 107% | 100% | 64% | -28% | 25% | 28% | 40% | |
0 | 2 | 1 | 0 | 2 | -0 | 0 | 1 | 5 | 11 | 9 | 1 | -3 | |
EPS in Rs | 0.17 | 1.83 | 0.74 | 0.14 | 1.77 | -0.02 | 0.00 | 0.70 | 3.66 | 8.31 | 7.43 | 0.92 | -2.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 2% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | % |
3 Years: | -37% |
TTM: | -173% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 21% |
3 Years: | 44% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 1% |
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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 16 | 18 | 18 | 18 | 20 | 20 | 21 | 40 | 45 | 55 | 65 | 66 | 68 |
22 | 18 | 22 | 28 | 35 | 36 | 33 | 31 | 33 | 21 | 51 | 49 | 43 | |
7 | 16 | 24 | 19 | 20 | 32 | 33 | 29 | 30 | 33 | 37 | 38 | 33 | |
Total Liabilities | 56 | 63 | 75 | 77 | 87 | 99 | 97 | 113 | 120 | 121 | 165 | 166 | 156 |
20 | 20 | 19 | 18 | 18 | 20 | 19 | 20 | 19 | 19 | 21 | 20 | 19 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 27 | 35 |
36 | 43 | 56 | 59 | 68 | 80 | 78 | 94 | 100 | 102 | 129 | 119 | 102 | |
Total Assets | 56 | 63 | 75 | 77 | 87 | 99 | 97 | 113 | 120 | 121 | 165 | 166 | 156 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 5 | -5 | -7 | -7 | -8 | 2 | -7 | 1 | 9 | -13 | 12 | |
-1 | -1 | -1 | -0 | 0 | -2 | -1 | -2 | -1 | 2 | -18 | -14 | |
3 | -5 | 4 | 6 | 7 | 11 | -3 | 8 | 1 | -12 | 30 | 2 | |
Net Cash Flow | 3 | -1 | -1 | -1 | -0 | 1 | -1 | -0 | 1 | -1 | -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 | 18 | 12 | 18 | 18 | 17 | 12 | 10 | 14 | 15 | 17 | 15 | 17 |
Inventory Days | 54 | 68 | 84 | 75 | 74 | 94 | 99 | 109 | 83 | 72 | 95 | 98 |
Days Payable | 9 | 21 | 30 | 18 | 10 | 6 | 7 | 11 | 9 | 8 | 12 | 17 |
Cash Conversion Cycle | 64 | 58 | 73 | 75 | 80 | 100 | 103 | 112 | 88 | 81 | 98 | 98 |
Working Capital Days | 56 | 47 | 54 | 59 | 61 | 70 | 70 | 77 | 65 | 58 | 73 | 75 |
ROCE % | 5% | 10% | 7% | 6% | 12% | 5% | 5% | 6% | 7% | 14% | 14% | 4% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Apr
- Compliance Certificate U/R 40(10) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 12 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Compliance Certificate For The Year Ended March 31 2024 - Reg 7(3) 5 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Reg. 74(5) of SEBI DP Regulations for the quarter ended March 31, 2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Mar 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Dec 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Mar 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
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Jan 2016TranscriptNotesPPT
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Dec 2015TranscriptNotesPPT
Business Verticals[1]
a) Consumer Division:
Premium Edible Oils, Super-Premium Refined Oils, etc.
b) Bulk Business Division:
Rice Bran Oil
c) Ethanol Division:
One of the First Greenfield Grain based Ethanol Distilleries in Chattisgarh