M.V.K. Agro Food Product Ltd
Incorporated in 2018, MVK Agro Food
Product Ltd is an integrated sugar and
other allied products manufacturing
company[1]
- Market Cap ₹ 971 Cr.
- Current Price ₹ 627
- High / Low ₹ 661 / 32.0
- Stock P/E 124
- Book Value ₹ 55.8
- Dividend Yield 0.00 %
- ROCE 8.66 %
- ROE 9.46 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 11.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.74%
- Company has a low return on equity of 13.5% over last 3 years.
- Company might be capitalizing the interest cost
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 23 | 131 | 93 | 125 | 133 | |
| 20 | 120 | 77 | 102 | 116 | |
| Operating Profit | 2 | 10 | 16 | 22 | 17 |
| OPM % | 11% | 8% | 17% | 18% | 13% |
| 3 | 2 | 1 | 0 | 4 | |
| Interest | 3 | 6 | 9 | 11 | 10 |
| Depreciation | 0 | 2 | 2 | 3 | 3 |
| Profit before tax | 2 | 4 | 5 | 9 | 9 |
| Tax % | 24% | 23% | 23% | 18% | 18% |
| 1 | 3 | 4 | 7 | 8 | |
| EPS in Rs | 2.80 | 6.40 | 7.54 | 4.62 | 4.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1428% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 15 | 15 |
| Reserves | 1 | 5 | 8 | 63 | 71 |
| 75 | 60 | 92 | 161 | 113 | |
| 33 | 46 | 50 | 31 | 62 | |
| Total Liabilities | 114 | 116 | 155 | 271 | 261 |
| 54 | 61 | 66 | 71 | 91 | |
| CWIP | 0 | 0 | 0 | 1 | 1 |
| Investments | 1 | 1 | 6 | 4 | 4 |
| 59 | 53 | 82 | 196 | 166 | |
| Total Assets | 114 | 116 | 155 | 271 | 261 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -19 | 28 | -10 | -48 | 63 | |
| -55 | -8 | -12 | -5 | -19 | |
| 75 | -21 | 22 | 116 | -57 | |
| Net Cash Flow | 1 | -1 | 0 | 63 | -13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 1 |
| Inventory Days | 1,488 | 156 | 424 | 412 | 258 |
| Days Payable | 601 | 79 | 81 | 52 | 96 |
| Cash Conversion Cycle | 887 | 76 | 343 | 361 | 163 |
| Working Capital Days | -215 | -36 | -55 | -11 | 52 |
| ROCE % | 14% | 17% | 12% | 9% |
Documents
Announcements
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2025 - No deviation; Rs.9,959.76 lakh raised, Rs.8,937.08 lakh utilized by Sep 30, 2025.
-
Outcome of Board Meeting
14 November 2025 - Unaudited standalone/consolidated results for half year ended 30 Sep 2025: standalone PAT Rs351.40L, consolidated PAT Rs443.57L.
-
Outcome of Board Meeting
14 November 2025 - Unaudited standalone and consolidated H1 2025 results; profit Rs.351.40 lakh; preferential allotment proceeds Rs.4,134.51 lakh (listing pending).
-
Outcome of Board Meeting
30 October 2025 - Board approved Rs.266.57 crore HDFC credit: Rs.160 crore term loan for 4000 TCD plant; Rs.106.57 crore renewal.
-
General Updates
30 October 2025 - 30/10/2025: CIN changed to L15316MH2018PLC304795; NSE EMERGE listing status updated to Yes
Business Overview:[1]
MVKAFPL sells agro-commodities. It manufactures food products including jaggery from sugarcane.