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 ₹ 260 Cr.
- Current Price ₹ 236
- High / Low ₹ 367 / 209
- Stock P/E 18.4
- Book Value ₹ 63.5
- Dividend Yield 0.00 %
- ROCE 19.1 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 31.4% CAGR over last 5 years
- Debtor days have improved from 80.0 to 59.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 15 | 15 | 24 | 30 | 30 | 32 | 36 | 41 | 40 | 65 | 100 | 107 | |
11 | 14 | 13 | 21 | 26 | 26 | 27 | 31 | 32 | 32 | 49 | 80 | 86 | |
Operating Profit | 1 | 1 | 2 | 3 | 4 | 5 | 5 | 5 | 9 | 8 | 16 | 20 | 21 |
OPM % | 6% | 6% | 12% | 12% | 14% | 16% | 15% | 15% | 22% | 20% | 24% | 20% | 19% |
0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 2 | 3 | 4 | 4 | 4 | 7 | 6 | 13 | 16 | 16 |
Tax % | 38% | 33% | 6% | 5% | 8% | 9% | 8% | 9% | 14% | 16% | 17% | 17% | |
0 | 0 | 1 | 2 | 3 | 3 | 3 | 4 | 6 | 5 | 11 | 13 | 14 | |
EPS in Rs | 5.00 | 4.00 | 6.05 | 2.53 | 2.84 | 3.04 | 3.07 | 3.29 | 5.60 | 4.67 | 10.09 | 12.00 | 12.88 |
Dividend Payout % | 0% | 0% | 0% | 20% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 25% |
3 Years: | 35% |
TTM: | 48% |
Compounded Profit Growth | |
---|---|
10 Years: | 60% |
5 Years: | 31% |
3 Years: | 29% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 38% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 1 | 4 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 1 | 1 | 4 | 8 | 18 | 16 | 19 | 23 | 29 | 34 | 46 | 59 |
5 | 4 | 3 | 5 | 4 | 5 | 6 | 9 | 10 | 18 | 16 | 53 | |
2 | 3 | 1 | 2 | 2 | 2 | 2 | 5 | 4 | 3 | 3 | 6 | |
Total Liabilities | 8 | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 |
1 | 1 | 2 | 3 | 3 | 11 | 15 | 23 | 23 | 25 | 25 | 49 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 6 | 7 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
7 | 7 | 6 | 16 | 27 | 24 | 23 | 23 | 26 | 35 | 44 | 69 | |
Total Assets | 8 | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | -0 | -3 | -4 | 5 | 3 | 8 | 8 | -0 | 6 | -1 | |
-0 | -0 | -2 | -4 | -2 | -7 | -3 | -9 | -7 | -4 | -2 | -30 | |
2 | 0 | 1 | 8 | 7 | 0 | -0 | 1 | -0 | 7 | -3 | 34 | |
Net Cash Flow | 0 | 1 | -1 | 1 | 1 | -2 | 0 | -0 | 0 | 2 | 1 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35 | 32 | 44 | 72 | 146 | 121 | 101 | 101 | 93 | 94 | 87 | 59 |
Inventory Days | 246 | 161 | 99 | 133 | 127 | 428 | 531 | 351 | 136 | 261 | 193 | 196 |
Days Payable | 67 | 78 | 7 | 7 | 16 | 49 | 14 | 59 | 11 | 8 | 2 | 8 |
Cash Conversion Cycle | 215 | 115 | 136 | 198 | 257 | 499 | 619 | 392 | 218 | 347 | 278 | 248 |
Working Capital Days | 166 | 74 | 121 | 202 | 278 | 255 | 239 | 172 | 198 | 273 | 214 | 207 |
ROCE % | 16% | 12% | 24% | 21% | 17% | 14% | 13% | 12% | 17% | 13% | 22% | 19% |
Documents
Announcements
-
Closure of Trading Window
1 Oct - Closure of trading window for financial results.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
23 Sep - Resignation of Company Secretary & Compliance Officer.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
19 Sep - Outcome of 13th Annual General Meeting and voting results.
-
Disclosure Under Regulation 29(2) Of SEBI (SAST) Regulations, 2011 For Narsinhbhai Jethabhai Patel
2 Sep - Disclosure of acquisition of shares by promoter group member.
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.