Mitshi India Ltd

AI

Mitshi India Ltd

₹ 13.0 2.59%
12 Nov - close price
About

Incorporated in 1976, Mitshi India Ltd is in the business of Agriculture products trading.[1]

Key Points

Business Overview:[1]
MIL, formerly a manufacturer of automotive, industrial, and decorative paints, thinners, and synthetic resins, has diversified into online fruit and vegetable sales under the Taaza Kitchen brand, supported by its in-house software arm, Mitshi Softwares. The company also engages in software development, logistics, jewellery, paper products, general merchandise (online and offline), and scrap trading, reflecting a broad multi-sector business portfolio.

  • Market Cap ₹ 11.5 Cr.
  • Current Price ₹ 13.0
  • High / Low ₹ 20.7 / 11.2
  • Stock P/E 20.5
  • Book Value ₹ 2.53
  • Dividend Yield 0.00 %
  • ROCE 24.8 %
  • ROE 38.3 %
  • Face Value ₹ 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 71.2%
  • Debtor days have improved from 88.9 to 69.3 days.

Cons

* 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
0.91 1.07 1.03 0.89 1.57 2.21 2.42 2.13 3.07 2.12 0.75 2.01 3.28
0.79 0.95 0.92 0.83 1.33 1.43 1.88 1.72 2.49 2.89 0.77 1.43 2.18
Operating Profit 0.12 0.12 0.11 0.06 0.24 0.78 0.54 0.41 0.58 -0.77 -0.02 0.58 1.10
OPM % 13.19% 11.21% 10.68% 6.74% 15.29% 35.29% 22.31% 19.25% 18.89% -36.32% -2.67% 28.86% 33.54%
0.09 0.09 0.00 0.04 0.02 0.02 0.02 0.04 0.04 0.03 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 0.01 0.01 0.01 0.02 0.02 0.01 0.02 0.02 0.02 0.03 0.02 0.02 0.02
Profit before tax 0.20 0.20 0.10 0.08 0.24 0.79 0.54 0.43 0.60 -0.77 -0.04 0.56 1.08
Tax % 0.00% 0.00% 0.00% 37.50% 16.67% 24.05% 27.78% 34.88% 21.67% -28.57% 0.00% 23.21% 25.93%
0.20 0.20 0.09 0.04 0.20 0.54 0.39 0.35 0.48 -0.55 -0.05 0.42 0.80
EPS in Rs 0.23 0.23 0.14 0.08 0.19 0.61 0.47 0.40 0.51 -0.69 -0.06 0.48 0.91
Raw PDF
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 TTM
2.93 5.70 9.74 8.16
2.66 4.52 8.98 7.27
Operating Profit 0.27 1.18 0.76 0.89
OPM % 9.22% 20.70% 7.80% 10.91%
0.18 0.08 0.13 0.03
Interest 0.00 0.00 0.00 0.00
Depreciation 0.03 0.07 0.08 0.09
Profit before tax 0.42 1.19 0.81 0.83
Tax % 0.00% 22.69% 27.16%
0.42 0.93 0.60 0.62
EPS in Rs 0.48 1.06 0.68 0.64
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -68%
Stock Price CAGR
10 Years: 5%
5 Years: -3%
3 Years: -17%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: %
3 Years: 71%
Last Year: 38%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 8.80 8.80 8.80 8.80
Reserves -8.44 -7.53 -6.94 -6.57
0.69 0.49 0.81 0.87
0.92 2.47 1.63 0.67
Total Liabilities 1.97 4.23 4.30 3.77
0.05 0.21 0.31 0.15
CWIP 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 1.25
1.92 4.02 3.99 2.37
Total Assets 1.97 4.23 4.30 3.77

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020
-0.21 -0.55 -1.22
0.01 -2.83 1.05
1.46 2.31 0.32
Net Cash Flow 1.26 -1.07 0.15
Free Cash Flow -0.24 -0.78 -1.41
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit -78% -47% -161%

Ratios

Consolidated / View Standalone

Mar 2018 Mar 2019 Mar 2020
Debtor Days 61.04 136.39 69.33
Inventory Days 0.00 21.99 64.93
Days Payable 36.28 23.12
Cash Conversion Cycle 61.04 122.10 111.14
Working Capital Days 53.57 121.03 103.05
ROCE % 61.66% 24.77%

Insights

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Mar 2016 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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Software / Computer Content revenue share
% of total revenue from operations ・Standalone data
Vegetables & Fruits / Chemicals revenue share
% of total revenue from operations ・Standalone data
Permanent employees
count ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 15.57% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
84.43% 84.41% 84.42% 84.42% 84.42% 84.42% 84.42% 84.42% 84.41% 84.42% 84.42% 99.98%
No. of Shareholders 20,85620,92721,52621,40521,44321,41121,36121,32721,30021,24921,20021,405

* 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.

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