MRC Agrotech Ltd

MRC Agrotech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

MRC Agrotech Ltd

₹ 14.0 -0.78%
25 Apr 12:19 p.m.
mrcagro.com BSE: 540809
About

Incorporated in 2015, MRC Agrotech Ltd provides a technology-oriented trading platform in commodity trading[1]

Key Points

A) Agri Commodity Trading:[1]
a) Cereals and Pulses:
Chana, Barley, Bajra, Wheat, Moong, Maize Feed Industrial Grade, Paddy (Basmati) - Pusa 1121
b) Oil and Oil Seeds:
Castor seed, Refined Castor Oil, Cotton Seed Oilcake, Soybean, Refined Soy Oil, Mustard Seed, Crude Palm Oil, Natural Whitish, Sesame Seeds, Hipro Soybean Meal
c) Fibers:
Kapas, 29 MM Cotton
d) Spices:
Turmeric, Jeera
e) Guar Complex
Guar Seed 10 MT, Guar Gum Refined Splits

B) Warehousing:[2]
Company has about ~30000 MT of Storage capacity with 4 warehouses in Madhya Pradesh

Website BSE
  • Market Cap ₹ 14.6 Cr.
  • Current Price ₹ 14.0
  • High / Low ₹ 65.0 / 10.7
  • Stock P/E 12.9
  • Book Value ₹ 13.2
  • Dividend Yield 0.00 %
  • ROCE 3.59 %
  • ROE 2.70 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.05 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -22.4% over past five years.
  • Promoter holding is low: 21.3%
  • Company has a low return on equity of 2.11% over last 3 years.
  • Earnings include an other income of Rs.1.26 Cr.
  • Company has high debtors of 402 days.
  • Promoter holding has decreased over last 3 years: -11.1%

* 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: Trading Industry: Trading

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
12.28 0.05 4.28 2.84 3.71 5.55
12.45 0.34 4.13 2.90 3.37 5.97
Operating Profit -0.17 -0.29 0.15 -0.06 0.34 -0.42
OPM % -1.38% -580.00% 3.50% -2.11% 9.16% -7.57%
0.64 0.36 0.18 0.45 0.20 0.43
Interest 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.46 0.07 0.33 0.39 0.54 0.01
Tax % 23.91% 0.00% 39.39% 0.00% 0.00% 0.00%
0.34 0.07 0.20 0.39 0.54 0.01
EPS in Rs 0.33 0.07 0.19 0.37 0.52 0.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3.93 15.21 23.39 12.33 16.92 5.78 12.28 6.58 16.38
4.07 15.57 23.84 12.80 17.27 6.17 12.45 6.65 16.37
Operating Profit -0.14 -0.36 -0.45 -0.47 -0.35 -0.39 -0.17 -0.07 0.01
OPM % -3.56% -2.37% -1.92% -3.81% -2.07% -6.75% -1.38% -1.06% 0.06%
0.17 0.58 0.57 0.69 0.58 0.58 0.64 0.54 1.26
Interest 0.00 0.03 0.05 0.06 0.03 0.02 0.00 0.00 0.00
Depreciation 0.01 0.02 0.02 0.01 0.09 0.03 0.01 0.00 0.00
Profit before tax 0.02 0.17 0.05 0.15 0.11 0.14 0.46 0.47 1.27
Tax % 50.00% 29.41% 200.00% 0.00% 36.36% 28.57% 23.91% 27.66%
0.01 0.12 -0.04 0.14 0.07 0.10 0.34 0.34 1.14
EPS in Rs 0.05 0.40 -0.04 0.13 0.07 0.10 0.33 0.33 1.09
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -22%
3 Years: -27%
TTM: -46%
Compounded Profit Growth
10 Years: %
5 Years: 47%
3 Years: 69%
TTM: 0%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 28%
1 Year: -64%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2.09 2.97 10.42 10.42 10.42 10.42 10.42 10.42 10.42
Reserves 3.07 4.51 1.51 1.66 1.73 1.63 1.97 2.34 3.27
0.48 0.78 1.69 2.37 0.43 0.13 0.75 0.31 0.07
3.63 5.61 1.68 0.75 1.72 6.99 2.05 4.96 8.71
Total Liabilities 9.27 13.87 15.30 15.20 14.30 19.17 15.19 18.03 22.47
0.02 0.02 0.02 0.14 0.05 0.02 0.01 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.30 1.45 3.51 1.13 1.13 0.13 0.13 0.13 0.00
8.95 12.40 11.77 13.93 13.12 19.02 15.05 17.90 22.47
Total Assets 9.27 13.87 15.30 15.20 14.30 19.17 15.19 18.03 22.47

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.38 -3.89 -3.66 1.64 -1.31 -1.13 -0.02
-1.13 -0.74 3.63 -1.35 1.08 0.51 0.54
2.82 4.59 0.00 0.00 0.00 0.75 -0.43
Net Cash Flow 0.31 -0.04 -0.03 0.29 -0.23 0.13 0.08

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 365.00 120.95 67.57 165.48 101.17 653.59 166.75 402.17
Inventory Days 0.00 0.00 1.28 0.00 0.00 0.00 0.00 0.00
Days Payable 17.93
Cash Conversion Cycle 365.00 120.95 50.92 165.48 101.17 653.59 166.75 402.17
Working Capital Days 492.24 162.70 157.30 389.87 239.88 755.89 381.05 703.37
ROCE % 2.88% 2.65% 1.50% 1.04% 1.29% 3.63% 3.59%

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
32.34% 32.34% 32.34% 28.06% 28.14% 27.60% 27.58% 22.82% 21.28% 21.28% 21.28% 21.28%
67.66% 67.66% 67.66% 71.94% 71.86% 72.40% 72.42% 77.18% 78.72% 78.72% 78.72% 78.71%
No. of Shareholders 2452402392632203474828994,0746,7906,6336,791

Documents

Announcements

Annual reports

DRHP