Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 1,996 Cr.
- Current Price ₹ 18.8
- High / Low ₹ 26.4 / 7.05
- Stock P/E 76.7
- Book Value ₹ 1.52
- Dividend Yield 0.01 %
- ROCE 46.4 %
- ROE 39.7 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 54.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
Cons
- Stock is trading at 12.3 times its book value
- Promoter holding has decreased over last quarter: -1.44%
- The company has delivered a poor sales growth of 10.9% over past five years.
- Debtor days have increased from 93.6 to 124 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: FMCG Industry: Food - Processing - Indian
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 410 | |
0 | 0 | 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 364 | |
Operating Profit | 0 | 0 | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 46 |
OPM % | 23% | 2% | 3% | 3% | 5% | 1% | 2% | 10% | 13% | 11% | ||
0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 1 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 5 |
Depreciation | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 40 |
Tax % | 40% | 30% | 44% | 32% | 33% | 0% | 28% | 34% | 35% | |||
0 | 0 | 0 | 0 | 1 | 6 | 12 | 0 | 1 | 31 | 50 | 26 | |
EPS in Rs | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.11 | 0.00 | 0.01 | 0.30 | 0.48 | 0.25 |
Dividend Payout % | 0% | 0% | 0% | 1% | 2% | 167% | 7% | 1% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 11% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 1085% |
TTM: | -47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | 102% |
1 Year: | 151% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 23% |
3 Years: | 29% |
Last Year: | 40% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 31 | 50 | 50 | 50 | 50 | 100 | 100 |
Reserves | 0 | 0 | 0 | 0 | 2 | 7 | 19 | 19 | 20 | 51 | 50 | 57 |
1 | 1 | 3 | 28 | 35 | 30 | 39 | 50 | 54 | 41 | 60 | 54 | |
0 | 0 | 0 | 7 | 4 | 9 | 6 | 15 | 4 | 19 | 48 | 50 | |
Total Liabilities | 11 | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 262 |
0 | 0 | 0 | 9 | 8 | 10 | 8 | 7 | 6 | 5 | 4 | 4 | |
CWIP | 0 | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11 | 11 | 12 | 36 | 38 | 67 | 106 | 127 | 122 | 156 | 254 | 257 | |
Total Assets | 11 | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 262 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-5 | -19 | -3 | -23 | -9 | 3 | -5 | -12 | -3 | |||
-2 | -9 | -5 | -0 | 0 | 0 | -0 | 0 | -0 | |||
2 | 25 | 7 | 23 | 9 | -3 | 5 | 12 | 2 | |||
Net Cash Flow | -5 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 53 | 0 | 29 | 43 | 75 | 84 | 73 | 124 | ||
Inventory Days | 16,724 | 45 | 54 | 33 | 32 | 20 | 42 | 33 | 18 | ||
Days Payable | 1,128 | 18 | 1 | 2 | 0 | 4 | 3 | 2 | 2 | ||
Cash Conversion Cycle | 15,595 | 80 | 53 | 61 | 75 | 92 | 123 | 104 | 140 | ||
Working Capital Days | 8,876 | 75 | 47 | 53 | 72 | 80 | 120 | 89 | 114 | ||
ROCE % | 0% | 0% | 5% | 13% | 20% | 24% | 4% | 5% | 38% | 46% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment
1d - Allotment of Equity Shares of the Company to the eligible Equity Shareholders on Rights Basis.
- Compliance Certificate Under Regulation 7(3) Of SEBI LODR For The Year Ended March 31, 2024 2d
- CERTIFICATE UNDER REGULATION 40(9) OF THE SEBI (LODR) REGULATIONS, 2015 FOR THE YEAR ENDED ON 31ST MARCH 2024 20 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of SEBI DP Regulations, 2018 for the quarter ended March 31, 2023
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr
Annual reports
Concalls
-
Oct 2021Transcript PPT
-
Jul 2019TranscriptNotesPPT
Business Overview:[1][2]
Company is in the business of processing and packaging of fast moving consumer goods, viz. Basmati rice, wheat and marketing and selling of pulses and salt. It does processing and marketing of unbranded Basmati of different grades, sizes, flavors and fragrance. Apart from this, company procures finished pulses and edible salt from third party manufacturers and markets and distributes them. At present, company has 15 Super Stockist in 10 states with 70000 plus Retailers