Midfield Industries Ltd
Midfield Industries Limited is a manufacturer of steel strapping, seals, packaging tools and accessories in India. The Company also manufactures angle boards, edge protectors, collated nail coils and deals in pneumatic nailers and polyester (PET) strap. Midfield is a provider of industrial packaging solutions.
- Market Cap ₹ Cr.
- Current Price ₹ 12.0
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 89.8
- Dividend Yield 0.00 %
- ROCE 19.8 %
- ROE 13.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.13 times its book value
- Company has delivered good profit growth of 50.2% CAGR over last 5 years
Cons
- Company has high debtors of 235 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| 40 | 51 | 64 | 80 | 88 | 128 | 166 | |
| 34 | 44 | 53 | 65 | 69 | 101 | 130 | |
| Operating Profit | 6 | 7 | 11 | 15 | 19 | 27 | 35 |
| OPM % | 15% | 14% | 17% | 19% | 22% | 21% | 21% |
| 0 | 0 | 0 | 1 | 0 | 0 | 0 | |
| Interest | 2 | 3 | 4 | 6 | 6 | 7 | 9 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 4 |
| Profit before tax | 3 | 3 | 6 | 9 | 13 | 19 | 23 |
| Tax % | 37% | 44% | 35% | 32% | 34% | 33% | 37% |
| 2 | 2 | 4 | 6 | 8 | 13 | 14 | |
| EPS in Rs | 9.79 | 11.16 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 20% | 22% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 27% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 34% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 17% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 7 | 8 | 8 | 8 | 13 | 13 |
| Reserves | 4 | 4 | 10 | 17 | 27 | 92 | 102 |
| 15 | 20 | 28 | 41 | 42 | 46 | 54 | |
| 6 | 11 | 12 | 14 | 22 | 25 | 31 | |
| Total Liabilities | 29 | 42 | 58 | 81 | 99 | 175 | 200 |
| 6 | 5 | 13 | 12 | 10 | 30 | 26 | |
| CWIP | 0 | 0 | 0 | 1 | 3 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 23 | 36 | 45 | 68 | 85 | 144 | 174 | |
| Total Assets | 29 | 42 | 58 | 81 | 99 | 175 | 200 |
Cash Flows
Figures in Rs. Crores
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| -5 | -2 | 2 | -8 | 6 | -38 | 11 | |
| -0 | -1 | -9 | -1 | -2 | -21 | 0 | |
| 5 | 3 | 7 | 9 | -5 | 59 | -11 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Free Cash Flow | -5 | -3 | -6 | -9 | 4 | -59 | 11 |
| CFO/OP | -79% | -29% | 22% | -32% | 51% | -114% | 47% |
Ratios
Figures in Rs. Crores
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 113 | 152 | 151 | 202 | 241 | 253 | 235 |
| Inventory Days | 105 | 91 | 109 | 100 | 105 | 98 | 83 |
| Days Payable | 0 | 0 | 0 | 0 | 119 | 61 | 25 |
| Cash Conversion Cycle | 219 | 242 | 259 | 302 | 227 | 290 | 293 |
| Working Capital Days | 148 | 174 | 180 | 238 | 257 | 326 | 303 |
| ROCE % | 24% | 28% | 26% | 25% | 23% | 20% |
Documents
Announcements
No data available.