Mayank Cattle Food Ltd
Incorporated in 1998, Mayank Cattle Food Limited is an Oil company engaged in the business of manufacturing Cattle Food, Animal Food, Cattle Food Cake, and Edible Oil.[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 202
- High / Low ₹ 235 / 113
- Stock P/E 36.1
- Book Value ₹ 49.8
- Dividend Yield 0.00 %
- ROCE 16.8 %
- ROE 63.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.4%
Cons
- Stock is trading at 4.07 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -32.5%
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 123 | 133 | 186 | 322 | 309 | 290 | |
| 121 | 130 | 182 | 318 | 302 | 281 | |
| Operating Profit | 2 | 3 | 4 | 4 | 6 | 9 |
| OPM % | 2% | 2% | 2% | 1% | 2% | 3% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 4 |
| Tax % | 27% | 28% | 26% | 30% | 26% | 24% |
| 1 | 0 | 1 | 1 | 1 | 3 | |
| EPS in Rs | 30.00 | 21.50 | 36.00 | 40.00 | 65.50 | 5.61 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 61% |
| TTM: | 148% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 42% |
| Last Year: | 64% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 0 | 0 | 5 |
| Reserves | 1 | 2 | 2 | 3 | 5 | 22 |
| 12 | 21 | 25 | 32 | 40 | 35 | |
| 4 | 3 | 6 | 7 | 5 | 9 | |
| Total Liabilities | 18 | 26 | 34 | 42 | 49 | 71 |
| 4 | 8 | 8 | 9 | 12 | 13 | |
| CWIP | 2 | 0 | 0 | 0 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 | 18 | 27 | 32 | 35 | 57 | |
| Total Assets | 18 | 26 | 34 | 42 | 49 | 71 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 2 | 1 | 2 | -3 | 1 | -10 | |
| -3 | -3 | -1 | -3 | -6 | -1 | |
| 1 | 5 | -1 | 4 | 5 | 11 | |
| Net Cash Flow | 0 | 3 | -0 | -2 | -0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 5 | 9 | 14 | 7 | 8 | |
| Inventory Days | 24 | 28 | 32 | 27 | 31 | |
| Days Payable | 6 | 7 | 12 | 6 | 5 | |
| Cash Conversion Cycle | 24 | 30 | 35 | 28 | 35 | |
| Working Capital Days | 22 | 29 | 36 | 29 | 36 | |
| ROCE % | 13% | 12% | 11% | 12% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2024.
- Non- Applicability Of The Regulation 27(2) Of SEBI (LODR) Regulations, 2015. 8 Jul
-
General Update
27 Jun - Of sale of 50 Franchises by the Nanogen Agrochem Private Limited, Subsidiary company of Mayank Cattle Food Limited.
-
Announcement under Regulation 30 (LODR)-Change in Management
25 Jun - Appointment of Secretarial , Internal and Cost Auditor for the Financial Year 2024-2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - News Paper Publication of Financial Results for the half year and year ended March 31, 2024
Annual reports
No data available.
Business Profile[1] Mayank Cattle Food Ltd. (MCFL) is engaged in the manufacturing of Maize Cake (Cattle Feed) & Maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake.