Midas Infra Trade Ltd
- Market Cap ₹ 14.3 Cr.
- Current Price ₹ 1.15
- High / Low ₹ /
- Stock P/E 238
- Book Value ₹ 1.16
- Dividend Yield 0.00 %
- ROCE 0.21 %
- ROE 0.42 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.99 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.37% over last 3 years.
- Company has high debtors of 215 days.
- Working capital days have increased from 5,985 days to 15,824 days
* 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: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|
| 1.54 | 3.36 | 3.08 | 0.17 | |
| 1.56 | 3.37 | 3.23 | 0.28 | |
| Operating Profit | -0.02 | -0.01 | -0.15 | -0.11 |
| OPM % | -1.30% | -0.30% | -4.87% | -64.71% |
| 0.03 | 0.02 | 0.14 | 0.18 | |
| Interest | -0.00 | -0.00 | -0.00 | 0.01 |
| Depreciation | -0.00 | -0.00 | 0.01 | 0.04 |
| Profit before tax | 0.01 | 0.01 | -0.02 | 0.02 |
| Tax % | -0.00% | -0.00% | 2,300.00% | -200.00% |
| -0.00 | 0.01 | 0.44 | 0.06 | |
| EPS in Rs | -0.00 | 0.00 | 0.04 | 0.00 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -52% |
| TTM: | -94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -5% |
| 3 Years: | 1% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|
| Equity Capital | 5.03 | 12.20 | 12.20 | 12.20 |
| Reserves | -0.31 | 1.49 | 1.93 | 2.01 |
| -0.00 | 0.03 | 0.10 | 0.06 | |
| 0.04 | 0.01 | 3.67 | 0.64 | |
| Total Liabilities | 4.76 | 13.73 | 17.90 | 14.91 |
| -0.00 | -0.00 | 3.12 | 3.16 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 2.08 | 3.68 | 2.18 | 2.36 |
| 2.68 | 10.05 | 12.60 | 9.39 | |
| Total Assets | 4.76 | 13.73 | 17.90 | 14.91 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|
| -6.92 | 2.28 | -0.04 | ||
| -1.67 | -1.63 | -0.24 | ||
| 8.99 | 0.07 | -0.04 | ||
| Net Cash Flow | 0.40 | 0.72 | -0.32 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|
| Debtor Days | -0.00 | -0.00 | 33.18 | 214.71 |
| Inventory Days | -0.00 | -0.00 | -0.00 | |
| Days Payable | ||||
| Cash Conversion Cycle | -0.00 | -0.00 | 33.18 | 214.71 |
| Working Capital Days | 590.16 | 1,027.65 | 1,102.11 | 15,823.82 |
| ROCE % | 0.11% | -0.14% | 0.21% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 20 Nov 2021
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Nov 2021
- Financial Results For The Quarter Ended 30.09.2021 8 Nov 2021
- Board Meeting Outcome for Outcome 8 Nov 2021
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct 2021 - Newspaper Publication for the Board Meeting held on Monday the 08th day of November, 2021 to take on record the Un-audited Provisional Standalone Financial Results …
Annual reports
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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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Product Portfolio: Gold, diamond, Polki, and other jewelry. [1]
Revenue in FY20
Jewellery Business: 100% [2][3]
Change in KMP
Mr. Deepak Kumar has resigned from the post of Chief Financial Officer (CFO), he has been replaced by Mr. Murari Lal. [4][5]
Outlook
The co. is focusing on growing in the wedding and high-value diamond segment, and expanding in the jewelry segment [6]
Highlights.
Midas Infra Trade Limited has executed Master Franchisee Agreement for a period of 21 years with Sunar Gold Refineries Private Limited for its brand by acquiring the business of HDC Private Limited, a famous Jewellery Brand in Delhi and NCR, and opening and operating a chain of showrooms under the brand name [7][8]