Mitshi India Ltd

Mitshi India Ltd

₹ 21.2 -0.42%
19 Apr - close price
About

Incorporated in 1976, Mitshi India Ltd does trading of fruits & vegetable products[1]

Key Points

Product Profile:[1]
a) ListedManager:
It is a subscription based module of Listed companies on BSE and NSE
b) Covid Home Care:
This is a Software Solution to help Hospitals and COVID Isolation centers manage quarantining of patients
c) ShopBanao:
It is an e-commerce platform where any one can start and grow their business
d) Taaza Kitchen:
For online sales of Fruits and Vegetables to supply to Supermarket and Household customers

  • Market Cap 18.7 Cr.
  • Current Price 21.2
  • High / Low 36.3 / 12.0
  • Stock P/E 32.2
  • Book Value 3.99
  • Dividend Yield 0.00 %
  • ROCE -25.1 %
  • ROE -31.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 118 to 43.0 days.

Cons

  • Stock is trading at 5.33 times its book value
  • Promoter holding is low: 15.6%
  • Company has a low return on equity of -7.61% over last 3 years.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
3.28 0.67 3.62 0.66 0.98 1.67 0.55 0.71 3.04 3.42 5.54 8.28 3.43
2.18 1.96 2.97 0.64 0.96 2.28 0.54 0.72 3.31 3.82 5.08 7.46 3.38
Operating Profit 1.10 -1.29 0.65 0.02 0.02 -0.61 0.01 -0.01 -0.27 -0.40 0.46 0.82 0.05
OPM % 33.54% -192.54% 17.96% 3.03% 2.04% -36.53% 1.82% -1.41% -8.88% -11.70% 8.30% 9.90% 1.46%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.41 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.00 0.00 0.00 0.00
Profit before tax 1.08 -1.31 0.63 0.00 0.00 -0.63 -0.01 -0.03 -0.29 1.01 0.46 0.82 0.05
Tax % 25.93% 25.19% 25.40% 25.40% 0.00% 0.00% 0.00% 17.82% 26.09% 25.61% 20.00%
0.81 -0.98 0.47 0.00 0.00 -0.47 -0.01 -0.03 -0.29 0.83 0.34 0.60 0.04
EPS in Rs 0.92 -1.11 0.53 0.00 0.00 -0.53 -0.01 -0.03 -0.33 0.94 0.39 0.68 0.05
Raw PDF

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
0.39 0.25 0.21 0.18 0.15 0.24 2.93 5.11 7.82 6.72 6.92 7.72 20.67
0.41 0.30 0.29 0.40 0.27 0.48 2.66 3.96 7.09 6.34 6.85 8.40 19.74
Operating Profit -0.02 -0.05 -0.08 -0.22 -0.12 -0.24 0.27 1.15 0.73 0.38 0.07 -0.68 0.93
OPM % -5.13% -20.00% -38.10% -122.22% -80.00% -100.00% 9.22% 22.50% 9.34% 5.65% 1.01% -8.81% 4.50%
0.23 0.00 0.00 0.00 0.01 0.00 0.18 0.00 0.08 0.00 0.00 1.41 1.41
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.01 0.01 0.01 0.01 0.03 0.03 0.02 0.02 0.06 0.06 0.05 0.00
Profit before tax 0.21 -0.06 -0.09 -0.23 -0.12 -0.27 0.42 1.13 0.79 0.32 0.01 0.68 2.34
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.12% 26.58% 28.12% 0.00% 25.00%
0.20 -0.05 -0.08 -0.23 -0.12 -0.27 0.42 0.89 0.58 0.23 0.01 0.50 1.81
EPS in Rs 0.35 -0.09 -0.14 -0.40 -0.16 -0.36 0.48 1.01 0.66 0.26 0.01 0.57 2.06
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 41%
5 Years: 21%
3 Years: 0%
TTM: 246%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 173%
Stock Price CAGR
10 Years: %
5 Years: -11%
3 Years: 19%
1 Year: 62%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: -8%
Last Year: -31%

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 5.76 5.76 5.76 5.76 7.60 7.60 8.80 8.80 8.80 8.80 8.80 8.80 8.80
Reserves -8.56 -8.75 -8.84 -9.07 -9.19 -9.46 -8.44 -7.56 -6.97 -6.75 -6.74 -6.24 -5.29
1.27 1.70 1.54 2.41 0.47 1.03 0.69 0.49 0.79 1.04 1.11 0.00 0.00
3.17 3.00 2.49 2.01 1.44 1.06 0.92 1.37 1.42 1.10 1.02 0.11 0.47
Total Liabilities 1.64 1.71 0.95 1.11 0.32 0.23 1.97 3.10 4.04 4.19 4.19 2.67 3.98
0.05 0.04 0.04 0.02 0.08 0.06 0.05 0.02 0.18 0.12 0.05 0.01 0.01
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.47 1.47 0.25 0.25 0.25 0.25
1.59 1.67 0.91 1.09 0.24 0.17 1.92 1.61 2.39 3.82 3.89 2.41 3.72
Total Assets 1.64 1.71 0.95 1.11 0.32 0.23 1.97 3.10 4.04 4.19 4.19 2.67 3.98

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
0.08 -0.28 0.11 -0.81 0.26 -0.70 -0.21 0.46 0.11 -1.52 -0.09 1.05
0.01 0.00 0.00 0.00 -0.07 0.00 0.01 -1.45 -0.18 1.23 0.00 0.00
-0.12 0.28 -0.15 0.88 -0.10 0.56 1.46 -0.19 0.30 0.25 0.07 -1.11
Net Cash Flow -0.03 0.00 -0.04 0.07 0.08 -0.14 1.26 -1.19 0.23 -0.05 -0.02 -0.05

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 374.36 365.00 278.10 547.50 146.00 197.71 61.04 93.57 23.34 175.98 133.97 43.02
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.29 75.75 0.00 0.00 55.41
Days Payable 31.50 77.48 5.04
Cash Conversion Cycle 374.36 365.00 278.10 547.50 146.00 197.71 61.04 78.36 21.62 175.98 133.97 93.40
Working Capital Days 18.72 321.20 0.00 -60.83 -1,022.00 60.83 53.57 65.71 19.60 119.49 135.56 96.92
ROCE % 381.82% 81.29% 36.32% 11.21% 0.32% -25.13%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
84.42% 84.42% 84.42% 84.42% 84.42% 84.42% 84.41% 84.41% 84.42% 84.42% 84.41% 84.43%
No. of Shareholders 20,63720,84320,95520,92121,08021,09021,07721,01520,95820,87320,76720,856

* 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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