Mid India Industries Ltd
₹ 9.95
0.10%
03 Feb
- close price
About
Incorporated in 1991, Mid India Industries Ltd is engaged in Lease, Trading and manufacturing of cotton & polyester yarn.
Key Points
- Market Cap ₹ 16.2 Cr.
- Current Price ₹ 9.95
- High / Low ₹ 46.4 / 4.76
- Stock P/E 19.5
- Book Value ₹ -2.63
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 293 to 73.2 days.
Cons
- The company has delivered a poor sales growth of -5.63% over past five years.
- Contingent liabilities of Rs.86.7 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: Textiles Industry: Textiles - Cotton/Blended
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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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33.45 | 27.44 | 41.64 | 37.38 | 29.22 | 23.00 | 25.27 | 22.61 | 21.22 | 8.47 | 1.62 | 18.91 | 20.38 | |
33.03 | 26.90 | 41.17 | 36.66 | 28.80 | 23.72 | 27.36 | 26.71 | 23.57 | 8.29 | 1.63 | 17.98 | 19.07 | |
Operating Profit | 0.42 | 0.54 | 0.47 | 0.72 | 0.42 | -0.72 | -2.09 | -4.10 | -2.35 | 0.18 | -0.01 | 0.93 | 1.31 |
OPM % | 1.26% | 1.97% | 1.13% | 1.93% | 1.44% | -3.13% | -8.27% | -18.13% | -11.07% | 2.13% | -0.62% | 4.92% | 6.43% |
0.03 | 0.03 | 0.11 | 0.09 | 0.04 | 0.12 | 0.09 | 0.08 | 0.04 | 0.03 | 0.02 | 0.04 | 0.02 | |
Interest | 0.04 | 0.15 | 0.10 | 0.33 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.30 | 0.29 | 0.29 | 0.27 | 0.24 | 0.24 | 0.24 | 0.27 | 0.27 | 0.25 | 0.26 | 0.19 | 0.17 |
Profit before tax | 0.11 | 0.13 | 0.19 | 0.21 | 0.15 | -0.86 | -2.24 | -4.29 | -2.58 | -0.04 | -0.25 | 0.78 | 1.16 |
Tax % | 0.00% | 15.38% | 21.05% | 19.05% | 20.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 34.62% | |
Net Profit | 0.11 | 0.11 | 0.16 | 0.16 | 0.12 | -0.85 | -2.25 | -4.29 | -2.58 | -0.04 | -0.25 | 0.52 | 0.83 |
EPS in Rs | 0.07 | 0.07 | 0.10 | 0.10 | 0.07 | -0.52 | -1.38 | -2.63 | -1.58 | -0.02 | -0.15 | 0.32 | 0.51 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -6% |
3 Years: | -4% |
TTM: | 89% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 30% |
TTM: | 246% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 76% |
3 Years: | 110% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | 16.30 | |
Reserves | -11.85 | -11.77 | -11.61 | -11.45 | -11.33 | -12.18 | -14.43 | -18.72 | -21.30 | -21.34 | -21.59 | -21.08 | -20.59 |
3.68 | 2.37 | 1.40 | 0.92 | 0.21 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
4.33 | 4.72 | 3.94 | 2.19 | 3.73 | 4.91 | 8.02 | 11.31 | 10.65 | 12.84 | 10.13 | 12.70 | 9.26 | |
Total Liabilities | 12.46 | 11.62 | 10.03 | 7.96 | 8.91 | 9.04 | 9.89 | 8.89 | 5.65 | 7.80 | 4.84 | 7.92 | 4.97 |
3.07 | 2.78 | 2.40 | 2.31 | 2.08 | 2.24 | 2.32 | 2.29 | 2.14 | 1.89 | 1.63 | 1.45 | 1.34 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.00 | 0.11 | 0.13 | 0.18 | 0.00 | 0.00 |
9.39 | 8.84 | 7.63 | 5.65 | 6.83 | 6.80 | 7.15 | 6.44 | 3.40 | 5.78 | 3.03 | 6.47 | 3.63 | |
Total Assets | 12.46 | 11.62 | 10.03 | 7.96 | 8.91 | 9.04 | 9.89 | 8.89 | 5.65 | 7.80 | 4.84 | 7.92 | 4.97 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.08 | 1.37 | 1.32 | 0.40 | 0.49 | 0.97 | 0.35 | -0.04 | -0.02 | -0.08 | 0.03 | -0.09 | |
0.62 | 0.03 | -0.11 | 0.27 | 0.09 | -0.40 | -0.69 | 0.08 | -0.07 | -0.02 | -0.04 | 0.18 | |
-2.50 | -1.44 | -1.05 | -0.80 | -0.77 | -0.22 | -0.01 | 0.07 | -0.03 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.20 | -0.04 | 0.16 | -0.13 | -0.19 | 0.36 | -0.35 | 0.11 | -0.12 | -0.10 | -0.01 | 0.09 |
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 | 26.52 | 25.14 | 13.15 | 7.91 | 16.74 | 25.39 | 23.69 | 48.91 | 40.77 | 225.81 | 581.30 | 73.15 |
Inventory Days | 65.95 | 77.19 | 32.57 | 43.05 | 84.67 | 92.37 | 89.57 | 51.22 | 0.00 | 0.00 | 0.00 | 23.10 |
Days Payable | 57.22 | 78.12 | 36.91 | 24.38 | 59.99 | 107.69 | 145.15 | 213.99 | 245.71 | |||
Cash Conversion Cycle | 35.25 | 24.21 | 8.81 | 26.58 | 41.42 | 10.07 | -31.89 | -113.85 | 40.77 | 225.81 | 581.30 | -149.46 |
Working Capital Days | 37.97 | 34.19 | 17.44 | 30.66 | 37.10 | 22.06 | -21.95 | -89.76 | -135.37 | -321.04 | -1,671.79 | -124.30 |
ROCE % | 1.61% | 3.73% | 4.46% | 9.11% | 4.02% | -18.05% | -76.67% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Feb - Dear Sir, Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies Extracts of Unaudited …
- Submission Of Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2022 Along With Limited Review Report In Terms Of Regulation 33 Of SEBI (LODR) Regulations, 2015 30 Jan
- Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, 30Th January, 2023 Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 30 Jan
- Board Meeting Intimation for Intimation For Meeting Of Board Of The Directors (Serial No. 04/2022-23) Of The Company Scheduled To Be Held On Monday, 30Th January, 2023 As Per Regulation 29 Of SEBI(LODR) Regulations, 2015. 16 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Depository and Participants) Regulations, 2018, please find enclosed herewith the confirmation certificate received from Ankit Consultancy Private Limited, the Registrar and Share Transfer Agent of …
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Profile:[1]
a) Regular Product:
100% Cotton Yarn (Carded and Combed)
Polyester/Cotton Blended (Carded and Combed)
100% Polyester Yarns
b) Special Product:
Multi Fold Yarn up to 8 folds for use in Carpets, Tufting and other industrial fabrics. Yarns can be supplied in 100% Cotton, Polyester/Cotton Blended yarns and 100% Polyester Yarns in the cone size of 1.89 Kgs per cone up to Jumbo Packing of 5 Kgs per cone.