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 ₹ 194 Cr.
- Current Price ₹ 177
- High / Low ₹ 285 / 144
- Stock P/E 18.9
- Book Value ₹ 72.8
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.4% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
15 | 24 | 30 | 30 | 32 | 40 | 41 | 41 | 65 | 112 | 103 | |
13 | 21 | 26 | 26 | 28 | 35 | 32 | 33 | 49 | 92 | 85 | |
Operating Profit | 2 | 3 | 4 | 5 | 5 | 6 | 9 | 8 | 16 | 21 | 18 |
OPM % | 12% | 12% | 14% | 16% | 15% | 14% | 22% | 20% | 25% | 18% | 17% |
-0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
Profit before tax | 1 | 2 | 3 | 4 | 4 | 4 | 7 | 6 | 13 | 16 | 12 |
Tax % | 6% | 5% | 8% | 9% | 8% | 10% | 14% | 16% | 17% | 17% | 18% |
1 | 2 | 3 | 3 | 3 | 4 | 6 | 5 | 11 | 13 | 10 | |
EPS in Rs | 6.05 | 2.51 | 2.82 | 3.02 | 3.05 | 3.42 | 5.59 | 4.71 | 10.08 | 12.00 | 9.37 |
Dividend Payout % | 0% | 20% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 21% |
3 Years: | 36% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 24% |
5 Years: | 22% |
3 Years: | 26% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 25% |
1 Year: | -36% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.93 | 4 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 4 | 8 | 18 | 16 | 19 | 23 | 29 | 34 | 46 | 59 | 69 |
3 | 5 | 5 | 5 | 6 | 9 | 10 | 18 | 18 | 57 | 65 | |
1 | 2 | 2 | 3 | 2 | 5 | 4 | 4 | 4 | 8 | 17 | |
Total Liabilities | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 78 | 135 | 161 |
2 | 3 | 3 | 11 | 15 | 23 | 23 | 25 | 27 | 54 | 53 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 8 | 7 | 9 | 18 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
6 | 16 | 27 | 24 | 23 | 23 | 26 | 34 | 44 | 71 | 90 | |
Total Assets | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 78 | 135 | 161 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -3 | -4 | 5 | 5 | 7 | 8 | -2 | 5 | -1 | -0 | |
-2 | -3 | -3 | -7 | -4 | -8 | -7 | -3 | -2 | -32 | -9 | |
1 | 8 | 7 | 0 | -0 | 1 | -0 | 7 | -2 | 36 | 4 | |
Net Cash Flow | -1 | 1 | 0 | -2 | 0 | -1 | 0 | 2 | 1 | 3 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 72 | 145 | 120 | 89 | 91 | 95 | 94 | 87 | 58 | 80 |
Inventory Days | 99 | 133 | 131 | 438 | 538 | 355 | 137 | 260 | 195 | 178 | 291 |
Days Payable | 7 | 10 | 18 | 54 | 21 | 67 | 12 | 10 | 3 | 10 | 14 |
Cash Conversion Cycle | 136 | 195 | 258 | 504 | 607 | 379 | 219 | 343 | 279 | 226 | 357 |
Working Capital Days | 44 | 121 | 225 | 190 | 170 | 110 | 142 | 140 | 134 | 68 | 109 |
ROCE % | 20% | 17% | 14% | 13% | 13% | 17% | 13% | 22% | 19% | 12% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
24 Jul - Delay in reporting director cessations due to late resignation letters, company assures compliance commitment.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
23 Jul - Completion of terms of two Independent Directors on June 20, 2025, and their cessation from board and committees.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 Jul - Completion of terms for two Independent Directors; appointment of two new Independent Directors from July 23, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jul - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the Quarter ended on June 30 2025.
-
Board Meeting Outcome for Intimation Of Outcome Of Board Meeting - Disclosure Regarding SDD Compliance
9 Jul - Mangalam Seeds confirms compliance with SEBI PIT Regulations after prior non-compliance notice.
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.