Mangalam Seeds Ltd
Incorporated in 2011, Mangalam Seeds Ltd
is in the business of production, processing and marketing of Hybrid and GM seeds[1]
- Market Cap ₹ 190 Cr.
- Current Price ₹ 173
- High / Low ₹ 335 / 144
- Stock P/E 18.8
- Book Value ₹ 72.7
- Dividend Yield 0.00 %
- ROCE 12.1 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.9% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 15 | 24 | 30 | 30 | 32 | 36 | 41 | 40 | 65 | 100 | 94 | |
14 | 13 | 21 | 26 | 26 | 27 | 31 | 32 | 32 | 49 | 80 | 77 | |
Operating Profit | 1 | 2 | 3 | 4 | 5 | 5 | 5 | 9 | 8 | 16 | 20 | 17 |
OPM % | 6% | 12% | 12% | 14% | 16% | 15% | 15% | 22% | 20% | 24% | 20% | 18% |
0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 1 | 2 | 3 | 4 | 4 | 4 | 7 | 6 | 13 | 16 | 12 |
Tax % | 33% | 6% | 5% | 8% | 9% | 8% | 9% | 14% | 16% | 17% | 17% | 18% |
0 | 1 | 2 | 3 | 3 | 3 | 4 | 6 | 5 | 11 | 13 | 10 | |
EPS in Rs | 4.00 | 6.05 | 2.53 | 2.84 | 3.04 | 3.07 | 3.29 | 5.60 | 4.67 | 10.09 | 12.00 | 9.21 |
Dividend Payout % | 0% | 0% | 20% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 33% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 23% |
3 Years: | 25% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 27% |
1 Year: | -33% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.14 | 0.93 | 4 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 1 | 4 | 8 | 18 | 16 | 19 | 23 | 29 | 34 | 46 | 59 | 69 |
4 | 3 | 5 | 4 | 5 | 6 | 9 | 10 | 18 | 16 | 53 | 61 | |
3 | 1 | 2 | 2 | 2 | 2 | 5 | 4 | 3 | 3 | 6 | 13 | |
Total Liabilities | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 | 154 |
1 | 2 | 3 | 3 | 11 | 15 | 23 | 23 | 25 | 25 | 49 | 49 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 6 | 7 | 9 | 18 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
7 | 6 | 16 | 27 | 24 | 23 | 23 | 26 | 35 | 44 | 69 | 85 | |
Total Assets | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 | 154 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | -0 | -3 | -4 | 5 | 3 | 8 | 8 | -0 | 6 | -1 | -0 | |
-0 | -2 | -4 | -2 | -7 | -3 | -9 | -7 | -4 | -2 | -30 | -9 | |
0 | 1 | 8 | 7 | 0 | -0 | 1 | -0 | 7 | -3 | 34 | 4 | |
Net Cash Flow | 1 | -1 | 1 | 1 | -2 | 0 | -0 | 0 | 2 | 1 | 3 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 44 | 72 | 146 | 121 | 101 | 101 | 93 | 94 | 87 | 59 | 81 |
Inventory Days | 161 | 99 | 133 | 127 | 428 | 531 | 351 | 136 | 261 | 193 | 196 | 308 |
Days Payable | 78 | 7 | 7 | 16 | 49 | 14 | 59 | 11 | 8 | 2 | 8 | 8 |
Cash Conversion Cycle | 115 | 136 | 198 | 257 | 499 | 619 | 392 | 218 | 347 | 278 | 248 | 381 |
Working Capital Days | 74 | 121 | 202 | 278 | 255 | 239 | 172 | 198 | 273 | 214 | 207 | 279 |
ROCE % | 12% | 24% | 21% | 17% | 14% | 13% | 12% | 17% | 13% | 22% | 19% | 12% |
Documents
Announcements
-
Board Meeting Outcome for Approval For Sale Of Immovable Property
10h - Board approved sale of immovable property in Gandhinagar; MD authorized to finalize sale.
- Closure of Trading Window 17h
-
Board Meeting Intimation for To Consider And Approve The Proposal For Sale Of Immovable Property
21 Jun - Board meeting on 30 June 2025 to consider sale of immovable property in Gandhinagar.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report submitted for FY ended 31 March 2025 as per SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Company is submitting herewith a copy of the newspaper publication of Audited Financial Results for the Quarter and Year Ended 31st March 2025.
Business Overview:[1]
MSL is a sustainable agriculture ISO 9001 certified company which delivers agricultural products. It produces and delivers high quality disease, pest and drought tolerant hybrid seeds
seeds with specialization in forage crops, and which are adaptable to different agro-climatic conditions.