Megastar Foods Ltd
Incorporated in 2013, Megastar Foods
Ltd is a producer and supplier of wheat
flour, organic wheat flour and allied
products[1]
- Market Cap ₹ 308 Cr.
- Current Price ₹ 273
- High / Low ₹ 405 / 250
- Stock P/E 32.7
- Book Value ₹ 50.1
- Dividend Yield 0.00 %
- ROCE 22.6 %
- ROE 24.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 88.7 days to 55.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.92%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 141 | 162 | 162 | 185 | 304 | 327 | |
| 134 | 153 | 153 | 173 | 283 | 309 | |
| Operating Profit | 7 | 9 | 9 | 12 | 22 | 18 |
| OPM % | 5% | 6% | 5% | 6% | 7% | 5% |
| 0 | 0 | 1 | 0 | 0 | 2 | |
| Interest | 3 | 3 | 2 | 3 | 6 | 5 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 3 | 5 | 6 | 7 | 14 | 12 |
| Tax % | 29% | 28% | 30% | 24% | 26% | |
| 2 | 3 | 4 | 5 | 10 | 9 | |
| EPS in Rs | 2.45 | 3.41 | 4.14 | 5.45 | 10.08 | 9.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 23% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 107% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 9 | 12 | 20 | 26 | 36 | 40 |
| 29 | 22 | 50 | 34 | 58 | 81 | |
| 2 | 3 | 10 | 5 | 7 | 24 | |
| Total Liabilities | 50 | 47 | 90 | 75 | 111 | 155 |
| 15 | 18 | 22 | 26 | 40 | 40 | |
| CWIP | 0 | 0 | 0 | 4 | 16 | 32 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 35 | 29 | 68 | 45 | 55 | 83 | |
| Total Assets | 50 | 47 | 90 | 75 | 111 | 155 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -1 | 15 | -22 | 27 | 12 | |
| -4 | -6 | -5 | -8 | -26 | |
| 5 | -8 | 26 | -18 | 17 | |
| Net Cash Flow | -0 | 1 | -1 | 1 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 37 | 31 | 35 | 34 | 32 |
| Inventory Days | 60 | 29 | 130 | 57 | 33 |
| Days Payable | 2 | 1 | 6 | 4 | 4 |
| Cash Conversion Cycle | 95 | 59 | 158 | 87 | 60 |
| Working Capital Days | 81 | 51 | 133 | 77 | 56 |
| ROCE % | 17% | 13% | 13% | 23% |
Documents
Announcements
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 2d
- Board Meeting Intimation for Considering And Approving The Audited Financial Results Of The Company For The Fourth Quarter And Financial Year Ended March 31, 2024. 13 May
-
Confirmation As Per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 Dated November 26, 2018
29 Apr - Confirmation with respect to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 read with operational circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 updated as on April …
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR ) Regulations, 2015 For The Period Ended March 31, 2024 18 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31.03.2024
Business Overview:[1][2][3]
MFL is in the business of bulk food manufacturing, processing, and exports of a wide range of food products from the Wheat Flour Product range. Company mills wheat to produce and allied flour products like refined wheat flour, suji /rava, and wheat bran. It sells 2/3rd of its total production to corporate buyers and 1/3rd of it to local vendors. It has also obtained international certifications to utilize export opportunities.