MCON Rasayan India Ltd
Incorporated in 2016, MCON Rasayan India is in the business of manufacturing, marketing, and selling modern building materials and construction chemicals.[1]
- Market Cap ₹ 73.1 Cr.
- Current Price ₹ 116
- High / Low ₹ 179 / 49.9
- Stock P/E 46.8
- Book Value ₹ 22.9
- Dividend Yield 0.00 %
- ROCE 14.5 %
- ROE 14.3 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.05 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Paints/Varnish Industry: Paints / Varnishes
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
6.98 | 8.97 | 8.97 | 19.22 | 31.00 | 35.26 | |
6.43 | 8.23 | 8.06 | 17.79 | 28.32 | 31.94 | |
Operating Profit | 0.55 | 0.74 | 0.91 | 1.43 | 2.68 | 3.32 |
OPM % | 7.88% | 8.25% | 10.14% | 7.44% | 8.65% | 9.42% |
0.04 | 0.00 | 0.02 | 0.01 | 0.01 | 0.28 | |
Interest | 0.25 | 0.32 | 0.40 | 0.43 | 0.78 | 0.95 |
Depreciation | 0.21 | 0.30 | 0.28 | 0.32 | 0.38 | 0.55 |
Profit before tax | 0.13 | 0.12 | 0.25 | 0.69 | 1.53 | 2.10 |
Tax % | 23.08% | 25.00% | 28.00% | 27.54% | 26.14% | |
0.09 | 0.09 | 0.19 | 0.50 | 1.14 | 1.56 | |
EPS in Rs | 1.80 | 0.89 | 1.27 | 3.33 | 1.81 | 2.48 |
Dividend Payout % | 0.00% | 0.00% | 7.89% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 51% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 132% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 132% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 0.50 | 1.01 | 1.50 | 1.50 | 6.30 | 6.30 |
Reserves | 0.11 | 0.20 | 0.28 | 0.90 | 7.07 | 8.16 |
2.78 | 3.22 | 3.47 | 7.40 | 8.47 | 11.28 | |
5.65 | 3.35 | 3.07 | 4.65 | 8.47 | 8.83 | |
Total Liabilities | 9.04 | 7.78 | 8.32 | 14.45 | 30.31 | 34.57 |
1.49 | 0.00 | 1.29 | 1.34 | 1.13 | 10.37 | |
CWIP | 0.00 | 0.00 | 0.00 | 1.17 | 5.69 | 1.56 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
7.55 | 7.78 | 7.03 | 11.94 | 23.49 | 22.64 | |
Total Assets | 9.04 | 7.78 | 8.32 | 14.45 | 30.31 | 34.57 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
-0.03 | -0.04 | -0.02 | -1.97 | -5.26 | |
-0.60 | -0.11 | -0.29 | -1.49 | -4.68 | |
0.66 | 0.13 | 0.34 | 3.50 | 10.12 | |
Net Cash Flow | 0.03 | -0.02 | 0.03 | 0.03 | 0.19 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 322.64 | 128.18 | 146.90 | 97.99 | 120.92 |
Inventory Days | 83.45 | 118.22 | 225.55 | 161.11 | 150.31 |
Days Payable | 499.81 | 263.18 | 238.65 | 145.48 | 160.39 |
Cash Conversion Cycle | -93.71 | -16.79 | 133.79 | 113.62 | 110.84 |
Working Capital Days | 28.24 | 118.82 | 157.88 | 134.07 | 150.71 |
ROCE % | 11.25% | 13.43% | 14.88% | 14.54% |
Business Area[1] Company has a suite of 80+ products including a range of construction materials and construction chemicals in powder and liquid forms including Ready mix plaster, Tile adhesives, Block adhesives, Wall putty, Micro concrete & polymer mortar, Engineering non-shrink grouts, and Floor hardeners.