Manorama Industries Ltd
₹ 1,157
-3.88%
19 Aug
- close price
About
Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. [1]
Key Points
- Market Cap ₹ 1,380 Cr.
- Current Price ₹ 1,157
- High / Low ₹ 1,749 / 821
- Stock P/E 54.0
- Book Value ₹ 225
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.2% for last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -3.77%
* 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: Edible Oil Industry: Solvent Extraction
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
71 | 96 | 100 | 104 | 133 | 131 | 145 | 210 | 102 | 188 | 208 | 279 | 290 | |
71 | 95 | 101 | 101 | 129 | 127 | 143 | 193 | 73 | 144 | 173 | 240 | 248 | |
Operating Profit | -0 | 0 | -0 | 4 | 4 | 4 | 3 | 17 | 29 | 44 | 36 | 39 | 42 |
OPM % | -0% | 0% | -0% | 4% | 3% | 3% | 2% | 8% | 28% | 23% | 17% | 14% | 15% |
2 | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 3 | 6 | 10 | 8 | 8 | |
Interest | 1 | 0 | 1 | 3 | 3 | 2 | 1 | 2 | 5 | 10 | 10 | 6 | 7 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 8 | 8 |
Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 27 | 32 | 27 | 34 | 36 |
Tax % | 35% | 33% | 32% | 34% | 34% | 36% | 33% | 38% | 28% | 28% | 33% | 28% | |
Net Profit | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 10 | 19 | 23 | 18 | 24 | 26 |
EPS in Rs | 5.93 | 2.42 | 4.68 | 5.44 | 6.14 | 5.42 | 6.40 | 13.15 | 17.13 | 20.97 | 16.47 | 20.26 | 21.45 |
Dividend Payout % | 28% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 14% |
3 Years: | 40% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | 77% |
3 Years: | 7% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 81% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 13% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 11 | 11 | 11 | 12 | |
Reserves | 4 | 4 | 6 | 7 | 8 | 11 | 12 | 17 | 93 | 116 | 134 | 256 |
6 | 6 | 11 | 12 | 4 | 5 | 0 | 18 | 24 | 119 | 85 | 108 | |
18 | 35 | 8 | 1 | 3 | 3 | 8 | 3 | 5 | 42 | 19 | 19 | |
Total Liabilities | 29 | 47 | 27 | 22 | 17 | 21 | 23 | 45 | 133 | 289 | 250 | 396 |
1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 51 | 57 | 55 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 16 | 0 | 0 | 42 |
Investments | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
21 | 44 | 23 | 19 | 14 | 18 | 20 | 41 | 112 | 237 | 193 | 299 | |
Total Assets | 29 | 47 | 27 | 22 | 17 | 21 | 23 | 45 | 133 | 289 | 250 | 396 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 2 | -11 | -11 | -60 | 38 | -33 | ||||||
0 | 2 | -1 | -50 | -10 | -3 | -35 | ||||||
0 | -1 | 16 | 62 | 85 | -45 | 117 | ||||||
Net Cash Flow | 0 | 3 | 3 | 2 | 15 | -10 | 49 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 125 | 21 | 11 | 3 | 1 | 3 | 3 | 50 | 32 | 40 | 33 |
Inventory Days | 3 | 31 | 10 | 18 | 6 | 37 | 273 | 669 | 317 | 427 | ||
Days Payable | 64 | 2 | 5 | 5 | 21 | 0 | 11 | 147 | 22 | 19 | ||
Cash Conversion Cycle | -3 | 125 | 21 | 40 | 8 | 14 | -13 | 40 | 312 | 553 | 335 | 441 |
Working Capital Days | -11 | -5 | 36 | 39 | 9 | 13 | -11 | 33 | 178 | 286 | 249 | 274 |
ROCE % | 22% | 7% | 16% | 21% | 27% | 24% | 17% | 62% | 37% | 22% | 13% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Aug - The Unaudited Financial Results of the Company for the quarter ended June 30, 2022 were published in the following newspapers: 1. Financial Express 2. Loksatta …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Aug - Press Release dated August 09, 2022 titled for unaudited financial result of the company for the quarter ended June 30, 2022.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
9 Aug - Investor's Presentation for quarter ended June 30, 2022.
- Result For The Quarter Ended June 30, 2022 9 Aug
- Board Meeting Outcome for Outcome Of The Board Meeting Held On August 09, 2022 9 Aug
Products
The product portfolio of the Co includes Mango butter, Mango olein, Mango stearin, Sal butter, Sal olein, Sal stearin, Shea butter, Shea olein, Shea stearin, Cocoa Butter Equivalents, Cocoa Butter Improvers, Chocolates/Hazelnut Spread Fats, Cocoa Butter Optimisers, etc. [1][2]