M K Proteins Ltd
₹ 8.32
-1.65%
11 Dec
4:00 p.m.
About
Incorporated in 2012, M K Proteins Ltd is engaged in manufacturing, trading, and production of Edible Oils[1]
Key Points
- Market Cap ₹ 311 Cr.
- Current Price ₹ 8.32
- High / Low ₹ 29.6 / 7.20
- Stock P/E 24.8
- Book Value ₹ 1.74
- Dividend Yield 0.00 %
- ROCE 18.7 %
- ROE 20.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.36% over past five years.
* 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 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
85 | 122 | 123 | 145 | 165 | 172 | 157 | 194 | 311 | 256 | 315 | 245 | 247 | |
84 | 119 | 119 | 141 | 160 | 166 | 152 | 189 | 295 | 240 | 298 | 229 | 229 | |
Operating Profit | 2 | 3 | 4 | 4 | 5 | 6 | 5 | 5 | 16 | 16 | 17 | 17 | 18 |
OPM % | 2% | 2% | 3% | 3% | 3% | 3% | 3% | 2% | 5% | 6% | 5% | 7% | 7% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | |
Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 14 | 15 | 15 | 17 |
Tax % | 33% | 33% | 32% | 31% | 35% | 35% | 28% | 26% | 27% | 27% | 27% | 28% | |
1 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 10 | 10 | 11 | 11 | 13 | |
EPS in Rs | 0.88 | 0.82 | 1.40 | 1.20 | 0.04 | 0.04 | 0.04 | 0.05 | 0.28 | 0.27 | 0.29 | 0.30 | 0.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | -8% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | 37% |
5 Years: | 47% |
3 Years: | 3% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 78% |
1 Year: | -69% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 25% |
3 Years: | 24% |
Last Year: | 20% |
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 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.68 | 0.68 | 0.68 | 0.68 | 3 | 4 | 4 | 4 | 4 | 4 | 13 | 38 | 38 |
Reserves | 1 | 1 | 2 | 3 | 2 | 11 | 13 | 15 | 25 | 35 | 37 | 24 | 28 |
18 | 28 | 20 | 26 | 31 | 33 | 26 | 31 | 25 | 37 | 46 | 20 | 1 | |
2 | 2 | 13 | 10 | 12 | 8 | 4 | 7 | 13 | 10 | 8 | 15 | 4 | |
Total Liabilities | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 103 | 96 | 71 |
3 | 3 | 6 | 7 | 7 | 6 | 4 | 3 | 2 | 3 | 3 | 3 | 3 | |
CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
18 | 26 | 29 | 32 | 40 | 50 | 43 | 53 | 65 | 83 | 100 | 88 | 43 | |
Total Assets | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 103 | 96 | 71 |
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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -5 | 11 | -4 | -4 | -12 | 6 | -4 | 6 | -10 | -8 | 32 | |
-4 | -3 | -0 | -2 | -1 | -0 | 0 | 0 | -0 | -2 | 0 | -6 | |
18 | 8 | -10 | 6 | 5 | 12 | -7 | 4 | -5 | 12 | 8 | -27 | |
Net Cash Flow | 0 | -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 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 19 | 16 | 27 | 10 | 39 | 25 | 18 | 24 | 42 | 19 | 5 |
Inventory Days | 40 | 62 | 70 | 57 | 83 | 69 | 75 | 79 | 48 | 80 | 91 | 134 |
Days Payable | 6 | 6 | 39 | 22 | 23 | 12 | 6 | 8 | 10 | 8 | 6 | 19 |
Cash Conversion Cycle | 65 | 75 | 47 | 62 | 70 | 97 | 94 | 89 | 62 | 114 | 104 | 120 |
Working Capital Days | 64 | 69 | 47 | 54 | 60 | 89 | 89 | 86 | 60 | 104 | 105 | 106 |
ROCE % | 10% | 14% | 13% | 12% | 11% | 8% | 8% | 29% | 23% | 20% | 19% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Copies of Newspaper publications in the Financial Express (English Edition) and Jansatta (Hindi Edition) on 15.11.2024 regarding the Unaudited Financial Results of the Company for …
-
Un-Audited Financial Results For The Quarter And Half Year Ended September 30, 2024
14 Nov - Board approved un-audited financial results for Q2 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Board approved un-audited financial results for Q2 2024.
-
Board Meeting Intimation for The Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2024
5 Nov - Board meeting to approve financial results on Nov 14, 2024.
- Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011 4 Nov
Business Overview:[1][2]
a) MKPL is a Rajkot based partnership firm promoted by Keshariya and Mashru family. It is a part of the Shree Ganesh Fats Group
b) Company is engaged in processing and manufacturing of groundnut refined oil, groundnut oil cake and ground nut seeds
c) It produces rice bran oil, sunflower oil with protein content, with controlled fibre free from oil residue, ash and sand & silica
d) Company's manufacturing process involves refining 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
e) Further, it imports crude oils,
process them and sell the finished
product
f) Company also trades in both
edible and non-edible oils.