M K Proteins Ltd
₹ 88.2
-2.84%
05 Dec
4:01 p.m.
About
Incorporated in 2012, M K Proteins Ltd manufactures Vegetable Refined Oils and By Products[1]
Key Points
- Market Cap ₹ 1,104 Cr.
- Current Price ₹ 88.2
- High / Low ₹ 100 / 54.1
- Stock P/E 112
- Book Value ₹ 4.25
- Dividend Yield 0.00 %
- ROCE 19.1 %
- ROE 23.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 49.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.1%
- Debtor days have improved from 28.3 to 19.0 days.
Cons
- Stock is trading at 20.7 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: Edible Oil Industry: Solvent Extraction
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
85 | 122 | 123 | 145 | 165 | 172 | 157 | 194 | 311 | 256 | 315 | |
84 | 119 | 119 | 141 | 160 | 166 | 152 | 189 | 295 | 240 | 298 | |
Operating Profit | 2 | 3 | 4 | 4 | 5 | 6 | 5 | 5 | 16 | 16 | 17 |
OPM % | 2% | 2% | 3% | 3% | 3% | 3% | 3% | 2% | 5% | 6% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 14 | 15 |
Tax % | 33% | 33% | 32% | 31% | 35% | 35% | 28% | 26% | 27% | 27% | 27% |
1 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 10 | 10 | 11 | |
EPS in Rs | 2.52 | 2.33 | 4.00 | 3.43 | 0.12 | 0.11 | 0.13 | 0.15 | 0.83 | 0.81 | 0.85 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 17% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 35% |
5 Years: | 49% |
3 Years: | 81% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 104% |
3 Years: | 222% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 25% |
3 Years: | 30% |
Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 4 | 4 | 13 | 13 |
Reserves | 1 | 1 | 2 | 3 | 2 | 11 | 13 | 15 | 25 | 35 | 38 | 41 |
18 | 28 | 20 | 26 | 31 | 33 | 26 | 31 | 25 | 37 | 45 | 7 | |
2 | 2 | 13 | 10 | 12 | 8 | 4 | 7 | 13 | 10 | 10 | 7 | |
Total Liabilities | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 105 | 68 |
3 | 3 | 6 | 7 | 7 | 6 | 4 | 3 | 2 | 3 | 2 | 2 | |
CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
18 | 26 | 29 | 32 | 40 | 50 | 43 | 53 | 65 | 83 | 103 | 63 | |
Total Assets | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 105 | 68 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -5 | 11 | -4 | -4 | -12 | 6 | -4 | 6 | -10 | -8 | |
-4 | -3 | -0 | -2 | -1 | -0 | 0 | 0 | -0 | -2 | 0 | |
18 | 8 | -10 | 6 | 5 | 12 | -7 | 4 | -5 | 12 | 8 | |
Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 19 | 16 | 27 | 10 | 39 | 25 | 18 | 24 | 42 | 19 |
Inventory Days | 40 | 62 | 70 | 57 | 83 | 69 | 75 | 79 | 48 | 80 | 91 |
Days Payable | 6 | 6 | 39 | 22 | 23 | 12 | 6 | 8 | 10 | 8 | 6 |
Cash Conversion Cycle | 65 | 75 | 47 | 62 | 70 | 97 | 94 | 89 | 62 | 114 | 104 |
Working Capital Days | 64 | 69 | 47 | 54 | 60 | 89 | 89 | 86 | 60 | 104 | 106 |
ROCE % | 10% | 14% | 13% | 12% | 11% | 8% | 8% | 29% | 23% | 19% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Company submits the Newspaper publications regarding the Financials of the Company for quarter and half year ended 30th September 2023
- Submission Of Related Party Transactions For Half Year Ended 30Th September 2023 15 Nov
- Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2023 14 Nov
- Board Meeting Outcome for Outcome Of The Board Meeting - Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2023 14 Nov
- Board Meeting Intimation for Postponement Of The Board Meeting To Consider Unaudited Financial Results 10 Nov
Business Overview:[1]
Company manufactures vegetable refined oils and has a retail brand Gloh. It does refining and production of Crude Oils to obtain Refined Rice Bran Oil, Canola Oil, Soya Bean Oil, Sunflower Oil and Rice Bran Bleached Oil. During the refining process, certain by-products are also manufactured viz. Rice Bran Fatty Acid Oil, Rice Bran Wax, Gums and Spent Earth which are also saleable. Further, it also import crude oils, process them and sell the finished product. It also trades in edible and non-edible oils