Mangalam Global Enterprise Ltd
Mangalam Global Enterprise Ltd is engaged in activity of manufacturing/ dealing/ trading of castor seeds, castor derivative products, cotton, cotton ginning, other agri commodities, other merchandise and agency service activity.[1]
- Market Cap ₹ 473 Cr.
- Current Price ₹ 36.4
- High / Low ₹ 52.4 / 10.0
- Stock P/E
- Book Value ₹ 5.84
- Dividend Yield 0.55 %
- ROCE 6.67 %
- ROE 3.27 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 51.7%
Cons
- Stock is trading at 6.23 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.69%
- Company has a low return on equity of 5.16% over last 3 years.
- Earnings include an other income of Rs.12.2 Cr.
* 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
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 | TTM | |
|---|---|---|---|---|---|
| 390 | 582 | 960 | 1,277 | 1,305 | |
| 382 | 570 | 948 | 1,266 | 1,302 | |
| Operating Profit | 8 | 11 | 12 | 11 | 3 |
| OPM % | 2% | 2% | 1% | 1% | 0% |
| 0 | 2 | 5 | 8 | 12 | |
| Interest | 3 | 8 | 8 | 11 | 11 |
| Depreciation | 1 | 3 | 3 | 4 | 4 |
| Profit before tax | 3 | 3 | 6 | 4 | 1 |
| Tax % | 28% | 20% | 20% | 20% | |
| Net Profit | 2 | 2 | 5 | 4 | 1 |
| EPS in Rs | 1.34 | 0.26 | 0.46 | 0.33 | 0.11 |
| Dividend Payout % | 2% | 51% | 43% | 61% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | -115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 255% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|
| 2 | 16 | 25 | 26 | |
| Reserves | 32 | 43 | 44 | 50 |
| 29 | 56 | 122 | 137 | |
| 8 | 19 | 31 | 58 | |
| Total Liabilities | 71 | 134 | 222 | 271 |
| 26 | 44 | 34 | 38 | |
| CWIP | 4 | 0 | 0 | 0 |
| Investments | 2 | 3 | 3 | 3 |
| 38 | 86 | 184 | 230 | |
| Total Assets | 71 | 134 | 222 | 271 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|
| -46 | 13 | -44 | -29 | |
| -30 | -25 | -14 | 34 | |
| 76 | 13 | 61 | -7 | |
| Net Cash Flow | 1 | 0 | 2 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|
| Debtor Days | 7 | 13 | 37 | 23 |
| Inventory Days | 15 | 15 | 9 | 35 |
| Days Payable | 2 | 2 | 12 | 13 |
| Cash Conversion Cycle | 19 | 26 | 35 | 45 |
| Working Capital Days | 27 | 31 | 43 | 45 |
| ROCE % | 12% | 9% | 7% |
Product Offerings
The company is mainly engaged in the manufacturing and trading of agricultural products such as castor oil, castor seed, high protein oil cake, cotton bales, cotton seeds, etc. It has also started manufacturing and trading of mustard seed, mustard oil, soya cake, wheat and rice and other agricultural products from FY21.[1]