Mysore Petro Chemicals Ltd
Incorporated in 1969, Mysore Petro Chemicals Ltd is engaged in trading of Phthalic Anhydride, Maleic Anhydride and other chemicals.
- Market Cap ₹ 121 Cr.
- Current Price ₹ 184
- High / Low ₹ 235 / 107
- Stock P/E 11.1
- Book Value ₹ 334
- Dividend Yield 1.36 %
- ROCE 12.3 %
- ROE 9.22 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.55 times its book value
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 122 days to 81.9 days
Cons
- Company has a low return on equity of 8.78% over last 3 years.
- Earnings include an other income of Rs.24.2 Cr.
- Debtor days have increased from 70.4 to 104 days.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|
30 | 6 | 33 | 13 | 23 | 21 | 18 | 19 | |
25 | 10 | 36 | 16 | 25 | 24 | 26 | 29 | |
Operating Profit | 6 | -4 | -3 | -3 | -2 | -3 | -7 | -9 |
OPM % | 19% | -57% | -10% | -20% | -9% | -13% | -39% | -48% |
14 | 93 | 23 | 9 | 27 | 46 | 35 | 24 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Depreciation | 3 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
Profit before tax | 16 | 89 | 18 | 5 | 24 | 43 | 27 | 14 |
Tax % | 6% | 19% | 4% | 10% | 109% | 23% | 23% | |
15 | 72 | 18 | 5 | -2 | 33 | 21 | 11 | |
EPS in Rs | 22.30 | 108.83 | 26.98 | 7.38 | -3.40 | 49.65 | 31.47 | 16.53 |
Dividend Payout % | 4% | 2% | 7% | 27% | -59% | 5% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 12% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 60% |
TTM: | -60% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 23% |
3 Years: | 36% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 70 | 141 | 157 | 160 | 157 | 188 | 207 | 213 |
6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
10 | 5 | 6 | 6 | 31 | 40 | 45 | 44 | |
Total Liabilities | 93 | 152 | 169 | 173 | 194 | 234 | 258 | 264 |
32 | 19 | 16 | 16 | 15 | 16 | 15 | 15 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Investments | 54 | 79 | 107 | 115 | 145 | 213 | 228 | 243 |
6 | 54 | 46 | 42 | 34 | 5 | 15 | 5 | |
Total Assets | 93 | 152 | 169 | 173 | 194 | 234 | 258 | 264 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
5 | -24 | -2 | -2 | -5 | -2 | -10 | |
-3 | 25 | 6 | 2 | 6 | 2 | 18 | |
-3 | -1 | -2 | -2 | -1 | -1 | -2 | |
Net Cash Flow | -0 | -0 | 3 | -1 | -1 | -1 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 20 | 0 | 4 | 21 | 78 | 29 | 104 |
Inventory Days | 147 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | 150 | ||||||
Cash Conversion Cycle | 17 | 0 | 4 | 21 | 78 | 29 | 104 |
Working Capital Days | -46 | 642 | 139 | 411 | 290 | -6 | 82 |
ROCE % | 21% | 11% | 3% | 19% | 24% | 12% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Reg.74(5) of SEBI (DP) Regulations 2018, for the quarter ended 31-03-2024
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Reply To The Clarification Sought By BSE
9 Apr - Email dated 6th April, 2024 requiring us to disclose the end time of 53rd AGM held on 5th September, 2023. In this connection, we wish …
- Closure of Trading Window 26 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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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
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company used to manufacture Phthalic Anhydride (PA) at its plant at Raichur in Karnataka with a capacity of 12000 MTPA. However, due to economic unviability, the Plant was closed from July 2013 till April 2017. Company has transferred its MA business by way of “Slump Sale” to I G Petrochemicals Limited and is now involved in trading of organic & inorganic chemicals.